Kotak Money Market Fund - Growth - Regular Plan

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

₹3452.7295 0.01 %Nav, as on 25-02-2021
Previous Nav
₹ 3452.2816
Net Change on 25-02-2021
₹0.45
PersonalFN Rating
Category
Debt - Money Market Fund
Assets (Cr.)
₹ 9,487.63
Expense Ratio
0.32%
(As on Jan 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 (₹)
3264.64
52 Week Low Nav Date
24-Mar-2020
52 Week High Nav (₹)
3452.28
52 Week High Nav Date
24-Feb-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	3.15	5.18	6.92	7.00	7.28
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	5.18	6.92	7.00	0.32	9,487.63
SBI SAVINGS FUND - REGULAR PLAN - GROWTH	Jul 14, 2004	5.21	6.66	6.91	0.76	21,462.76
HDFC Money Market Fund - Growth Option	Jan 03, 2000	6.06	7.15	7.04	0.35	10,530.19
ICICI Prudential Money Market Fund Option - Growth	Mar 08, 2006	5.79	7.06	7.06	0.33	10,354.77
Aditya Birla Sun Life Money Manager Fund - Growth	Oct 13, 2005	6.05	7.35	7.27	0.33	10,188.90
UTI MMF - Regular Plan - Growth Option	Jul 09, 2009	5.60	7.08	7.08	0.27	6,652.68

Fund Holdings as on 31-January-2021

Company % Assets
Central Government - 2021
5.31
National Bank for Agriculture & Rural Development**
5.20
State Government - 2021 - Madhya Pradesh
4.24
Reliance Industries Ltd.
4.16
Central Government - 2021
3.87
Triparty Repo
3.32
Small Industries Development Bank Of India**
3.15
HDFC Ltd.**
3.12
HDFC Ltd.**
2.87
AXIS Bank Ltd.**
2.63
Reliance Retail Ventures Ltd
2.62
Adani Ports and Special Economic Zone Limited**
2.62
Hindustan Zinc Ltd.**
2.62
Reliance Industries Ltd.**
2.61
National Bank for Agriculture & Rural Development**
2.60
LIC Housing Finance Ltd.**
2.56
Larsen and Toubro Ltd.**
2.10
Adani Ports and Special Economic Zone Limited**
2.10
National Bank for Agriculture & Rural Development
2.08
LIC Housing Finance Ltd.**
2.08
Bharti Hexacom Ltd.**
2.05
Hero FinCorp Ltd.**
2.03
Birla Group Holding Private Limited**
1.58
Reliance Industries Ltd.
1.58
LIC Housing Finance Ltd.**
1.56
Bharti Airtel Ltd.**
1.56
Can Fin Homes Ltd.**
1.56
State Government - 2021 - Rajasthan
1.51
IndusInd Bank Ltd.**
1.31
Bahadur Chand Investments Private Limited**
1.29
JM Financial Products Limited**
1.05
Reliance Industries Ltd.**
1.05
Manappuram Finance Ltd.**
1.05
ICICI Securities Limited**
1.04
Tata Capital Financial Services Limited**
1.04
Hindustan Zinc Ltd.**
1.03
Standard Chartered Investment & Loan India Ltd.**
1.03
Hero FinCorp Ltd.**
1.03
AU Small Finance Bank Ltd.**
1.02
AU Small Finance Bank Ltd.**
1.01
Daimler Financial Services India**
1.01
Barclays Investments & Loan (India) Ltd.**
0.94
HDFC Ltd.**
0.79
Godrej Properties Limited**
0.79
Godrej Properties Limited**
0.78
Godrej Properties Limited**
0.78
Power Finance Corporation Ltd.**
0.78
Bharti Airtel Ltd.**
0.77
91 Days Treasury Bill 11/02/2021
0.53
Reliance Industries Ltd.**
0.53
HDFC Ltd.
0.53
182 Days Treasury Bill 18/03/2021
0.52
Network18 Media & Investments Ltd.**
0.52
HDFC Ltd.**
0.52
Standard Chartered Investment & Loan India Ltd.**
0.52
JM Financial Products Limited**
0.51
HDFC Ltd.**
0.51
Godrej Properties Limited**
0.26
Deutsche Investments India Pvt. Ltd.**
0.26
State Government - 2021 - Gujarat
0.00
Net Current Assets/(Liabilities)
-0.12

Sector Holding%
Miscellaneous
66.49

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 %
CARE A1+
3.15
Cash
3.20
CRISIL A1+
62.27
FITCH IND A1+
5.20
ICRA A1+
10.17
SOV
15.98

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 ₹9,487.63 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 ₹0.45(0.01%)yesterday to ₹3452.7295.

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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