Kotak Money Market Fund - Growth - Regular Plan

Item: Kotak Money Market Fund - Growth - Regular Plan
Rating: 4
Author: PersonalFN

₹3303.5888 0.1 %Nav, as on 03-04-2020
Previous Nav
₹ 3300.3151
Net Change on 03-04-2020
₹3.27
PersonalFN Rating
Category
Debt - Money Market Fund
Assets (Cr.)
₹ 10,441.97
Expense Ratio
0.26%
(As on Feb 29, 2020)

Fund Overview Growth | Regular Plan

Fund House
Kotak Mahindra Mutual Fund
Launch Date
14-Jul-2003
Benchmark
Crisil 1 Yr T-Bill Index
Minimum Investment (₹)
5,000
Minimum Addl Investment (₹)
1,000
Exit Load (%)
Nil
Minimum SIP Investment (₹)
Minimum STP Investment (₹)
500
Minimum SWP Investment (₹)
1,000
52 Week Low Nav (₹)
3081.77
52 Week Low Nav Date
05-Apr-2019
52 Week High Nav (₹)
3303.59
52 Week High Nav Date
03-Apr-2020

Fund Objective

The investment objective of the Scheme is to generate returns by investing in money market instruments having maturity upto 1 year.

Fund Performance

Scheme Name	1-Month Return (%)	3-Month Return (%)	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Since Inception
Kotak Money Market Scheme - (Growth)	6.75	6.05	7.21	7.41	7.56	7.40
Crisil 1 Yr T-Bill Index	N/A	N/A	N/A	N/A	N/A	N/A
Nifty Money Market 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	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Expense Ratio (%)	Assets (Cr.)
Kotak Money Market Scheme - (Growth)	Jul 14, 2003	7.21	7.41	7.56	0.26	10,441.97
SBI SAVINGS FUND - REGULAR PLAN - GROWTH	Jul 14, 2004	7.01	6.93	7.39	0.83	14,129.66
Aditya Birla Sun Life Money Manager Fund - Growth	Oct 13, 2005	7.41	7.57	7.66	0.31	13,471.38
ICICI Prudential Money Market Fund Option - Growth	Mar 08, 2006	7.15	7.34	7.50	0.27	10,845.06
HDFC Money Market Fund - Growth Option	Jan 03, 2000	7.29	7.29	7.42	0.35	9,651.41
UTI MMF - Regular Plan - Growth Option	Jul 09, 2009	7.10	7.40	7.53	0.27	8,237.93

Fund Holdings as on 29-February-2020

Company % Assets
Bank Of Baroda
7.56
IndusInd Bank Ltd.
5.41
National Thermal Power Corporation Ltd.
4.73
National Bank for Agriculture & Rural Development
4.72
LIC Housing Finance Ltd.
4.52
Hindalco Industries Ltd.
3.82
Export-Import Bank of India
3.77
Small Industries Development Bank Of India
3.76
AXIS Bank Ltd.
3.54
HDFC Ltd.
3.49
Small Industries Development Bank Of India
3.28
HDB Financial Services Ltd.
3.27
AXIS Bank Ltd.
3.25
Reliance Jio Infocomm Ltd.
2.83
HDFC Ltd.
2.65
Oriental Bank of Commerce
2.37
IndusInd Bank Ltd.
2.12
Central Government - 2020
1.93
Andhra Bank
1.89
National Bank for Agriculture & Rural Development
1.88
Aditya Birla Finance Ltd.
1.87
Hero FinCorp Ltd.
1.83
Tata Capital Housing Finance Ltd.
1.63
LIC Housing Finance Ltd.
1.44
Kotak Mahindra Investments Ltd.
1.36
Triparty Repo
1.05
Central Government - 2020
0.96
Andhra Bank
0.94
National Bank for Agriculture & Rural Development
0.94
IndusInd Bank Ltd.
0.94
Andhra Bank
0.94
Rural Electrification Corporation Ltd.
0.94
National Bank for Agriculture & Rural Development
0.94
Tata Capital Financial Services Limited
0.93
LIC Housing Finance Ltd.
0.93
Sundaram BNP Paribas Home Finance Ltd
0.92
Sundaram Finance Ltd.
0.91
Reliance Industries Ltd.
0.91
182 Days Treasury Bill 12/03/2020
0.91
Reliance Industries Ltd.
0.91
AXIS Bank Ltd.
0.91
Manappuram Finance Ltd.
0.90
Endurance Technologies Ltd
0.72
Standard Chartered Investment & Loan India Ltd.
0.48
Standard Chartered Investment & Loan India Ltd.
0.48
HDFC Ltd.
0.47
ICICI Bank Ltd.
0.46
AXIS Bank Ltd.
0.46
AXIS Bank Ltd.
0.46
Hero FinCorp Ltd.
0.45
Syndicate Bank
0.38
Fullerton India Credit Co. Ltd.
0.37
Andhra Bank
0.24
182 Days Treasury Bill 19/03/2020
0.13
182 Days Treasury Bill 05/03/2020
0.10
Net Current Assets/(Liabilities)
-0.03

Sector Holding%
Miscellaneous
54.14

About Kotak Money Market Fund

Scheme Analysis

Kotak Money Market Fund is a Debt - Money Market Fund fund and belongs to Kotak Mahindra Mutual Fund. It was launched on 14-Jul-2003 and currently has an AUM of ₹10,441.97 crore. Kotak Money Market Fund is benchmarked against Crisil 1 Yr T-Bill Index as primary index and Nifty Money Market Index as secondary index.

The NAV of Kotak Money Market Fund ended up ₹3.27(0.1%)yesterday to ₹3303.5888.

Among its top 3 holdings the fund has exposure to Bank Of Baroda, and

The Kotak Money Market 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 A1+
3.77
CARE AAA
3.28
Cash
1.02
CRISIL A1+
67.38
FITCH IND A1+
7.94
ICRA A1+
12.55
SOV
4.03

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