Kotak Money Market Fund - Growth - Regular Plan

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

₹3397.6665 0.03 %Nav, as on 21-09-2020
Previous Nav
₹ 3396.6864
Net Change on 21-09-2020
₹0.98
PersonalFN Rating
Category
Debt - Money Market Fund
Assets (Cr.)
₹ 8,783.20
Expense Ratio
0.29%
(As on Aug 31, 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 (₹)
3192.75
52 Week Low Nav Date
20-Sep-2019
52 Week High Nav (₹)
3396.69
52 Week High Nav Date
18-Sep-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)	3.81	4.52	6.33	7.34	7.36	7.37
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	6.33	7.34	7.36	0.29	8,783.20
SBI SAVINGS FUND - REGULAR PLAN - GROWTH	Jul 14, 2004	6.40	6.90	7.25	0.83	21,085.78
HDFC Money Market Fund - Growth Option	Jan 03, 2000	7.19	7.55	7.39	0.35	10,759.12
Aditya Birla Sun Life Money Manager Fund - Growth	Oct 13, 2005	7.18	7.75	7.61	0.34	9,968.69
ICICI Prudential Money Market Fund Option - Growth	Mar 08, 2006	6.89	7.48	7.42	0.33	9,757.40
UTI MMF - Regular Plan - Growth Option	Jul 09, 2009	6.66	7.49	7.43	0.27	7,004.33

Fund Holdings as on 31-August-2020

Company % Assets
State Government - 2021 - Madhya Pradesh
5.83
LIC Housing Finance Ltd.**
5.60
National Bank for Agriculture & Rural Development
5.52
Larsen and Toubro Ltd.**
5.07
Export-Import Bank of India**
4.52
Reliance Industries Ltd.**
4.42
Small Industries Development Bank Of India
3.35
Power Finance Corporation Ltd.**
3.29
National Bank for Agriculture & Rural Development**
3.08
Reliance Industries Ltd.
3.07
91 Days Treasury Bill 03/09/2020
2.85
Hindustan Zinc Ltd.**
2.79
Adani Ports and Special Economic Zone Limited
2.78
State Government - 2020 - Punjab
2.65
HDFC Ltd.**
2.52
State Government - 2021 - Chattisgarh
2.31
Muthoot Finance Ltd.
2.28
HDFC Ltd.**
2.25
State Government - 2021 - Rajasthan
2.06
Birla Group Holding Private Limited**
1.68
Kotak Mahindra Investments Ltd.**
1.68
LIC Housing Finance Ltd.**
1.66
Can Fin Homes Ltd.**
1.64
State Government - 2021 - Andhra Pradesh
1.56
Central Government - 2021
1.44
Punjab National Bank
1.40
IndusInd Bank Ltd.
1.39
Bahadur Chand Investments Private Limited**
1.34
Central Government - 2020
1.25
Sundaram BNP Paribas Home Finance Ltd**
1.13
Manappuram Finance Ltd.**
1.13
Sundaram Finance Ltd.**
1.13
Reliance Industries Ltd.**
1.12
Reliance Industries Ltd.**
1.12
Export-Import Bank of India
1.11
Hindustan Zinc Ltd.**
1.09
Godrej Properties Limited**
0.85
HDFC Ltd.**
0.84
Godrej Properties Limited**
0.83
Central Government - 2021
0.81
Standard Chartered Investment & Loan India Ltd.**
0.79
Triparty Repo
0.66
State Government - 2021 - Maharashtra
0.58
State Government - 2021 - Maharashtra
0.58
AXIS Bank Ltd.
0.57
Manappuram Finance Ltd.**
0.56
Hero FinCorp Ltd.**
0.56
HDFC Ltd.**
0.56
HDFC Ltd.**
0.55
State Government - 2021 - Gujarat
0.38
Standard Chartered Investment & Loan India Ltd.**
0.34
State Government - 2021 - Maharashtra
0.29
State Government - 2021 - Himachal Pradesh
0.29
AXIS Bank Ltd.
0.28
Godrej Properties Limited**
0.28
Net Current Assets/(Liabilities)
0.23
Punjab National Bank
0.06

Sector Holding%
Miscellaneous
62.54

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+
3.35
Cash
0.89
CRISIL A1+
57.41
CRISIL AAA
1.11
FITCH IND A1+
5.52
ICRA A1+
8.84
SOV
22.88

About Kotak Money Market Fund

NULL

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 ₹8,783.20 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 ₹0.98(0.03%)yesterday to ₹3397.6665.

Among its top 3 holdings the fund has exposure to State Government - 2021 - Madhya Pradesh, 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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