Kotak Medium Term Fund - Growth - Direct Plan

₹16.74 (-0.04%)Nav, as on 13-12-2019
Previous Nav
₹ 16.7423
Net Change on 13-12-2019
₹-0.01
PersonalFN Rating
Unrated
Category
Debt - Medium Duration Fund
Assets (Cr.)
₹ 3,358.36
Expense Ratio
0.94%
(As on Nov 30, 2019)

Fund Overview Growth | Direct Plan

Fund House
Kotak Mahindra Mutual Fund
Launch Date
21-Mar-2014
Benchmark
Crisil 10 Yr Gilt Index
Minimum Investment (₹)
5,000
Minimum Addl Investment (₹)
1,000
Exit Load (%)
Nil for 10% of investment and 2% for remaining Investment on or before 18M, Nil after 18M
Minimum SIP Investment (₹)
1,000
Minimum STP Investment (₹)
500
Minimum SWP Investment (₹)
1,000
52 Week Low Nav (₹)
15.53
52 Week Low Nav Date
13-Dec-2018
52 Week High Nav (₹)
16.88
52 Week High Nav Date
04-Dec-2019

Fund Objective

The investment objective of the scheme is to generate regular income and capital appreciation by investing in a portfolio of medium term debt and money market instruments. There is no assurance or guarantee that the investment objective of the scheme will be achieved.

Fund Performance

Scheme Name	1-Month Return (%)	3-Month Return (%)	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Since Inception
Kotak Medium Term Fund - Direct Growth	4.17	8.86	7.79	6.98	8.73	9.40
Crisil 10 Yr Gilt Index	N/A	N/A	N/A	N/A	N/A	N/A
NIFTY Medium Duration Debt Index	N/A	N/A	N/A	N/A	N/A	N/A

Returns upto 1 year is Annualised, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name	Launch Date	Ratings	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Expense Ratio (%)	Assets (Cr.)
Kotak Medium Term Fund - Direct Growth	Mar 21, 2014	Unrated	7.79	6.98	8.73	0.94	3,358.36
ICICI Prudential Medium Term Bond Fund - Direct Plan - Growth	Jan 23, 2013		9.53	7.48	8.55	1.05	6,307.40
Aditya Birla Sun Life Medium Term Plan - Growth - Direct Plan	Jan 01, 2013	Unrated	-3.92	3.11	6.18	0.93	5,098.25
Franklin India Income Opportunities Fund - Direct - Growth	Jan 01, 2013		6.18	7.90	8.67	0.89	3,227.66
IDFC Bond Fund - Medium Term Plan-Direct Plan-Growth	Jan 01, 2013		9.55	7.27	8.16	0.76	2,956.66
Nippon India Strategic Debt Fund - Direct Plan - Growth Option	Jun 26, 2014	Unrated	-2.48	3.47	6.41	0.93	2,561.37

Fund Holdings as on 30-November-2019

Company % Assets
U P Power Corporation Ltd ( Guaranteed By UP State Government )
7.02
Coastal Gujarat Power Ltd. ( Guarenteed by TATA Power Co. Ltd )
6.80
Reliance Jio Infocomm Ltd.
6.44
Punjab National Bank
5.99
Sikka Ports & Terminals Ltd. ( Mukesh Ambani Group )
5.78
Punjab & Sind Bank
4.71
Power Finance Corporation Ltd.
4.71
Net Current Assets/(Liabilities)
3.84
Aasan Corporate Solutions Pvt. Ltd. ( Guaranteed by a Piramal Group of Company and Shree Krishna Trust )
3.42
JAMNAGAR UTILITIES & POWER PRIVATE LIMITED ( Mukesh Ambani Group )
3.16
National Highways Authority Of India
2.97
Union Bank of India
2.30
Rural Electrification Corporation Ltd.
2.29
Piramal Enterprises Ltd.
2.23
Shriram Transport Finance Co Ltd.
2.08
Bank Of Baroda
1.80
U P Power Corporation Ltd ( Guaranteed By UP State Government )
1.63
Indian Railway Finance Corporation Ltd.
1.49
U P Power Corporation Ltd ( Guaranteed By UP State Government )
1.47
Bharti Telecom Ltd.
1.47
Reliance Jio Infocomm Ltd.
1.38
Union Bank of India
1.35
U P Power Corporation Ltd ( Guaranteed By UP State Government )
1.34
U P Power Corporation Ltd ( Guaranteed By UP State Government )
1.34
ECL Finance Ltd.
1.33
Punjab National Bank
1.33
Talwandi Sabo Power Ltd. ( Unconditional and Irrevocable Corporate Guarantee of Vedanta Ltd.)
1.28
JAMNAGAR UTILITIES & POWER PRIVATE LIMITED ( Mukesh Ambani Group )
1.23
Syndicate Bank
1.21
The Indian Hotels Company Ltd.
1.16
Hinduja Leyland Finance Ltd.
1.04
PNB Housing Finance Ltd.
1.02
YES Bank Ltd.
0.94
Piramal Enterprises Ltd.
0.89
Food Corporation of India
0.80
0.00% EMBASSY OFFICE PARKS REIT (TRANCHE 1) (9.40% CA) 03/06/2022
0.79
Essel Lucknow Raebareli Toll Roads Limited ( Funding against NHAI Annuity)
0.79
Union Bank of India
0.75
United Bank Of India
0.71
Bharti Telecom Ltd.
0.69
Andhra Bank
0.67
Rural Electrification Corporation Ltd.
0.62
Punjab National Bank
0.59
PNB Housing Finance Ltd.
0.58
Central Government - 2023
0.51
Talwandi Sabo Power Ltd. ( Unconditional and Irrevocable Corporate Guarantee of Vedanta Ltd.)
0.41
Essel Lucknow Raebareli Toll Roads Limited ( Funding against NHAI Annuity)
0.40
Syndicate Bank
0.39
State Bank Of India.
0.34
Muthoot Finance Ltd.
0.29
Essel Lucknow Raebareli Toll Roads Limited ( Funding against NHAI Annuity)
0.19
Syndicate Bank
0.15
Divyesh Power Pvt. Ltd. ( Solar power generating SPV of Greenko Group with offtaker as NTPC & secured by corporate guarantee of Greenko Energies Pvt. Ltd. )
0.13
Elena Renewable Energy Pvt. Ltd. ( Solar power generating SPV of Greenko Group with offtaker as NTPC & secured by corporate guarantee of Greenko Energies Pvt. Ltd. )
0.13
Zuvan Energy Pvt. Ltd. ( Solar power generating SPV of Greenko Group with offtaker as NTPC & secured by corporate guarantee of Greenko Energies Pvt. Ltd. )
0.13
Shreyas Renwable Energy Pvt. Ltd. ( Solar power generating SPV of Greenko Group with offtaker as NTPC & secured by corporate guarantee of Greenko Energies Pvt. Ltd. )
0.13
SEI Mihir Energy Pvt. Ltd. ( Solar power generating SPV of Greenko Group with offtaker as NTPC & secured by corporate guarantee of Greenko Energies Pvt. Ltd. )
0.13
SEI Enerstar Renewable Energy Pvt. Ltd. ( Solar power generating SPV of Greenko Group with offtaker as NTPC & secured by corporate guarantee of Greenko Energies Pvt. Ltd. )
0.13
SEI Baskara Power Pvt. Ltd. ( Solar power generating SPV of Greenko Group with offtaker as NTPC & secured by corporate guarantee of Greenko Energies Pvt. Ltd. )
0.13
Pratyash Renewable Pvt. Ltd. ( Solar power generating SPV of Greenko Group with offtaker as NTPC & secured by corporate guarantee of Greenko Energies Pvt. Ltd. )
0.13
Aashman Energy Pvt. Ltd. ( Solar power generating SPV of Greenko Group with offtaker as NTPC & secured by corporate guarantee of Greenko Energies Pvt. Ltd. )
0.13
Aarish Solar Power Ltd. ( Solar power generating SPV of Greenko Group with offtaker as NTPC & secured by corporate guarantee of Greenko Energies Pvt. Ltd. )
0.13
Triparty Repo
0.09
The Indian Hotels Company Ltd.
0.09
Tata Sons Private Ltd.
0.09
Rural Electrification Corporation Ltd.
0.06
PNB Housing Finance Ltd.
0.06
IOT Utkal Energy Services Ltd.
0.05
IOT Utkal Energy Services Ltd.
0.05
IOT Utkal Energy Services Ltd.
0.04
Power Finance Corporation Ltd.
0.03
LIC Housing Finance Ltd.
0.03
Steel Authority of India Ltd.
0.02
Steel Authority of India Ltd.
0.01
IOT Utkal Energy Services Ltd.
0.00
Steel Authority of India Ltd.
0.00
IOT Utkal Energy Services Ltd.
0.00
IOT Utkal Energy Services Ltd.
0.00

Sector Holding%
Miscellaneous
90.98

About Kotak Medium Term Fund

Scheme Analysis

Kotak Medium Term Fund is a Debt - Medium Duration Fund fund and belongs to Kotak Mahindra Mutual Fund. It was launched on 21-Mar-2014 and currently has an AUM of ₹3,358.36 crore. Kotak Medium Term Fund is benchmarked against Crisil 10 Yr Gilt Index as primary index and NIFTY Medium Duration Debt Index as secondary index.

The NAV of Kotak Medium Term Fund ended down ₹-0.01(-0.04%)yesterday to ₹16.74.

Among its top 3 holdings the fund has exposure to U P Power Corporation Ltd ( Guaranteed By UP State Government ), Coastal Gujarat Power Ltd. ( Guarenteed by TATA Power Co. Ltd ) and Reliance Jio Infocomm Ltd.

The Kotak Medium Term Fund is managed by Deepak Agrawal .

Fund House Contact

Address:

27 BKC, C-27, G Block, Bandra Kurla Complex, Bandra (E), Mumbai - 400 051

Phone Number: +91 (22) 66384400

Email Address: mutual@kotak.com

Fax Number: +91 (22) 66384455

Website: http://assetmanagement.kotak.com/

Fund Manager

Deepak Agrawal

Education:Post Graduate in Commerce from Mumbai University, a qualified chartered account and a company secretary. Also cleared AIMR CFA Level
Experience:14 Years
Basic Details:Mr. Deepak Agrawal's career has started from Kotak AMC when he joined the organization in December 2002, where he was initially in Research, Dealing and then moved into Fund Management from November 2006.
Funds Managed:
Kotak Banking and PSU Debt Fund
Kotak Bond Short Term Fund
Kotak Bond Short Term Fund
Kotak Corporate Bond Fund
Kotak Credit Risk Fund
Kotak Dynamic Bond Fund
Kotak Floating Rate Fund
Kotak Floating Rate Fund
Kotak Liquid Fund
Kotak Low Duration Fund
Kotak Medium Term Fund
Kotak Money Market Fund
Kotak Money Market Fund
Kotak Overnight Fund
Kotak Overnight Fund
Kotak Savings Fund

Holding Type Holding %
CARE A+
2.42
CARE AA
1.38
CARE AA(CE)
6.80
CARE AA+
1.75
CARE AA-
3.63
CARE AA-(CE)
1.30
Cash
3.93
CRISIL A+
0.71
CRISIL A+(CE)
4.15
CRISIL A1+
4.59
CRISIL AA
0.29
CRISIL AA(CE)
1.69
CRISIL AA+
2.77
CRISIL AA-
1.04
CRISIL AAA
31.55
CRISIL AAA(CE)
0.80
FITCH IND A
7.91
FITCH IND AA
2.10
FITCH IND AA(CE)
8.65
FITCH IND AA-
0.03
FITCH IND AAA
1.80
ICRA A+
4.71
ICRA A-(CE)
3.42
ICRA AA
1.16
ICRA BBB+
0.94
Sov
0.51

Financial Health Checkup

Money Simplified Videos

Infographics