Kotak Money Market Fund - Growth - Regular Plan

Item: Kotak Money Market Fund - Growth - Regular Plan
Rating: 5
Author: PersonalFN

₹3479.5003 0.01 %Nav, as on 05-05-2021
Previous Nav
₹ 3479.1804
Net Change on 05-05-2021
₹0.32
PersonalFN Rating
Category
Debt - Money Market Fund
Assets (Cr.)
₹ 9,802.99
Expense Ratio
0.32%
(As on Mar 31, 2021)

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 (₹)
3324.69
52 Week Low Nav Date
05-May-2020
52 Week High Nav (₹)
3479.50
52 Week High Nav Date
05-May-2021

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)	3.81	4.15	4.66	6.71	6.82	7.25
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	4.66	6.71	6.82	0.32	9,802.99
Aditya Birla Sun Life Money Manager Fund - Growth	Oct 13, 2005	5.51	7.14	7.09	0.30	14,499.15
HDFC Money Market Fund - Growth Option	Jan 03, 2000	5.37	6.99	6.89	0.35	14,231.64
ICICI Prudential Money Market Fund Option - Growth	Mar 08, 2006	5.26	6.85	6.89	0.33	13,632.80
UTI MMF - Regular Plan - Growth Option	Jul 09, 2009	5.15	6.87	6.90	0.27	7,545.74
IDFC-Money Manager Fund - Regular Plan- Growth	Feb 18, 2003	4.05	5.69	6.04	0.90	3,417.60

Fund Holdings as on 30-April-2021

Company % Assets
Central Government - 2021
15.00
Tata Power Company Ltd.**
5.02
Reliance Industries Ltd.**
4.06
Central Government - 2021
3.84
HDFC Ltd.**
3.05
Reliance Jio Infocomm Ltd.**
2.53
National Bank for Agriculture & Rural Development**
2.52
LIC Housing Finance Ltd.**
2.50
LIC Housing Finance Ltd.**
2.47
Central Government - 2021
2.31
LIC Housing Finance Ltd.
2.29
National Bank for Agriculture & Rural Development
2.29
AXIS Bank Ltd.**
2.09
Reliance Industries Ltd.**
2.02
AXIS Bank Ltd.**
2.01
National Bank for Agriculture & Rural Development
2.01
Bharti Hexacom Ltd.**
2.01
Hero FinCorp Ltd.**
2.00
Bajaj Housing Finance Ltd.**
1.98
IndusInd Bank Ltd.**
1.76
Bharti Airtel Ltd.**
1.53
IDFC First Bank Limited**
1.52
Can Fin Homes Ltd.**
1.52
National Thermal Power Corporation Ltd.**
1.52
Muthoot Finance Ltd.**
1.51
State Government - 2021 - Rajasthan
1.44
Bahadur Chand Investments Private Limited**
1.27
Reliance Industries Ltd.**
1.01
ICICI Securities Limited**
1.01
National Bank for Agriculture & Rural Development**
1.01
Tata Capital Financial Services Limited**
1.01
91 Days Treasury Bill 15/07/2021
1.01
LIC Housing Finance Ltd.**
1.01
Standard Chartered Investment & Loan India Ltd.**
1.01
National Bank for Agriculture & Rural Development**
1.01
Hindustan Zinc Ltd.**
1.01
Hero FinCorp Ltd.**
1.01
Sundaram Finance Ltd.**
1.00
Daimler Financial Services India**
0.99
AU Small Finance Bank Ltd.**
0.99
AU Small Finance Bank Ltd.**
0.99
IndusInd Bank Ltd.**
0.99
National Bank for Agriculture & Rural Development**
0.94
Godrej Properties Limited**
0.76
Godrej Properties Limited**
0.76
Deutsche Investments India Pvt. Ltd.**
0.76
Power Finance Corporation Ltd.**
0.76
Bharti Airtel Ltd.**
0.76
Cholamandalam Investment and Finance Company Ltd.**
0.74
JM Financial Products Limited**
0.73
HDFC Ltd.**
0.51
Standard Chartered Investment & Loan India Ltd.**
0.51
JM Financial Products Limited**
0.51
Aditya Birla Money Ltd**
0.50
HDFC Ltd.**
0.50
Can Fin Homes Ltd.**
0.50
Triparty Repo
0.49
Network18 Media & Investments Ltd.**
0.49
Cholamandalam Investment and Finance Company Ltd.**
0.49
State Government - 2022 - Assam
0.47
Northern Arc Capital Limited**
0.25
Godrej Properties Limited**
0.25
Net Current Assets/(Liabilities)
-0.83

Sector Holding%
Miscellaneous
62.68

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:
Axis Banking ETF
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 %
Cash
-0.34
CRISIL A1+
65.46
FITCH A1+(IND)
0.94
FITCH IND A1+
2.78
ICRA A1+
7.07
SOV
24.07

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 ₹9,802.99 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 ₹0.32(0.01%)yesterday to ₹3479.5003.

Among its top 3 holdings the fund has exposure to Central Government - 2021, 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/

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