Kotak Savings Fund - Growth - Direct Plan

Item: Kotak Savings Fund - Growth - Direct Plan
Rating: 1
Author: PersonalFN

₹36.5546 0.04 %Nav, as on 10-08-2022
Previous Nav
₹ 36.541
Net Change on 10-08-2022
₹0.01
PersonalFN Rating
Category
Debt - Ultra Short Duration Fund
Assets (Cr.)
₹ 11,486.96
Expense Ratio
0.36%
(As on Jul 31, 2022)

Fund Overview Growth | Direct Plan

Fund House
Kotak Mahindra Mutual Fund
Launch Date
01-Jan-2013
Benchmark
Crisil 1 Yr T-Bill Index
Minimum Investment (₹)
5,000
Minimum Addl Investment (₹)
1,000
Exit Load (%)
Nil
Minimum SIP Investment (₹)
1,000
Minimum STP Investment (₹)
500
Minimum SWP Investment (₹)
1,000
52 Week Low Nav (₹)
35.16
52 Week Low Nav Date
09-Aug-2021
52 Week High Nav (₹)
36.54
52 Week High Nav Date
08-Aug-2022

Fund Objective

The investment objective of the Scheme is to generate returns through investments in debt and MMI with a view to reduce the interest rate risk. However, 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 Savings Fund-Growth - Direct	4.61	5.13	3.93	5.09	6.17	7.47
Crisil 1 Yr T-Bill Index	N/A	N/A	N/A	N/A	N/A	N/A
NIFTY Ultra Short 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 Savings Fund-Growth - Direct	Jan 01, 2013		3.93	5.09	6.17	0.36	11,486.96
L&T Ultra Short Term Fund-Direct Plan - Growth	Jan 01, 2013	Unrated	3.73	4.75	5.93	0.23	1,460.98

Fund Holdings as on 31-July-2022

Company % Assets
HDFC Bank Ltd.**
4.30
182 Days Treasury Bill 15/12/2022
4.18
182 Days Treasury Bill 22/12/2022
3.83
182 Days Treasury Bill 01/12/2022 (^)
3.63
AXIS Bank Ltd.**
3.41
7.35% Power Finance Corporation Ltd.**
3.32
AXIS Bank Ltd.
3.01
HDFC Ltd.
3.00
182 Days Treasury Bill 08/12/2022
2.56
Indian Bank**
2.55
Shriram Transport Finance Co Ltd. ( Catalyst Trusteeship Limite) (^)**
2.18
AXIS Bank Ltd.**
2.14
HDFC Bank Ltd.**
2.14
National Bank for Agriculture & Rural Development**
2.11
Panatone Finvest Ltd.**
2.11
364 Days Treasury Bill 05/01/2023
1.95
7.15% Muthoot Finance Ltd.**
1.74
Canara Bank**
1.72
Net Current Assets/(Liabilities)
1.71
National Bank for Agriculture & Rural Development
1.68
National Bank for Agriculture & Rural Development**
1.68
7.45% LIC Housing Finance Ltd.**
1.53
Small Industries Development Bank Of India**
1.47
National Bank for Agriculture & Rural Development**
1.47
182 Days Treasury Bill 08/09/2022
1.41
Rural Electrification Corporation Ltd. ( BEACON Trusteeship Limited) (^)**
1.40
AXIS Bank Ltd.
1.29
Deutsche Bank**
1.27
HDFC Ltd.**
1.27
Mahindra & Mahindra Financial Services Ltd.**
1.27
HDFC Bank Ltd.**
1.25
Vedanta Ltd.**
1.24
HDFC Ltd.(^)**
1.09
182 Days Treasury Bill 10/11/2022
1.07
HDFC Ltd.**
1.07
HDFC Ltd.**
1.06
4.85% Bajaj Housing Finance Ltd. ( Catalyst Trusteeship Limite) **
1.04
7.5% Shriram City Union Finance Ltd. ( Coupon 25 Bps Step up and down for rating downgrad) **
1.02
7.09% Rural Electrification Corporation Ltd.**
1.00
7.5% Sundaram Finance Ltd. ( IDBI Trusteeship Services Limite) **
0.87
7.7% Shriram City Union Finance Ltd. ( Coupon 25 Bps Step up and down for rating downgrad) **
0.87
6.98% National Bank for Agriculture & Rural Development ( Axis Trustee Services Limite)
0.87
Sundaram Home Finance Ltd ( I D B I T r u s t e e s h i p s e r v i c e s L i m i t e ) **
0.87
5.1% Bharti Telecom Ltd.**
0.87
Hero FinCorp Ltd.**
0.87
6.26% Cholamandalam Investment and Finance Company Ltd. ( IDBI Trusteeship Services Lt)
0.87
5.7% Cholamandalam Investment and Finance Company Ltd.**
0.86
182 Days Treasury Bill 03/11/2022
0.86
Birla Group Holding Private Limited**
0.86
AXIS Bank Ltd.**
0.86
Small Industries Development Bank Of India**
0.84
Small Industries Development Bank Of India**
0.84
91 Days Treasury Bill 20/10/2022
0.77
8.31% Karnataka State Govt - 2022 - Karnataka
0.77
Crompton Greaves Consumer Electricals Limited**
0.67
7.45% Rural Electrification Corporation Ltd.**
0.66
LIC Housing Finance Ltd.**
0.65
Small Industries Development Bank Of India**
0.63
Canara Bank**
0.63
Panatone Finvest Ltd.**
0.54
8.44% Uttar Pradesh State Govt - 2023 - Uttar Pradesh
0.44
8.39% Rajasthan State Govt - 2023 - Rajasthan
0.44
7.09% Rural Electrification Corporation Ltd.**
0.44
7.45% LIC Housing Finance Ltd.**
0.44
8% HDB Financial Services Ltd.**
0.44
4.5% HDFC Ltd.**
0.43
Small Industries Development Bank Of India**
0.43
Vedanta Ltd.**
0.43
5.85% Bharti Telecom Ltd.**
0.43
5.75% Bajaj Finance Ltd. ( Catalyst Trusteeship Limite) **
0.43
AXIS Bank Ltd.**
0.42
GS CG 16 Dec 2022 - (STRIPS)
0.35
5.45% Cholamandalam Investment and Finance Company Ltd.**
0.30
Triparty Repo
0.23
5.5% Kotak Mahindra Prime Ltd.**
0.21
GS CG 22 Feb 2023 - (STRIPS)
0.17
8.37% Odisha State Govt - 2022 - Orissa
0.13
7.6% Poonawalla Fincorp Limited ( Catalyst Trusteeship Limite) **
0.09
182 Days Treasury Bill 29/12/2022
0.07
182 Days Treasury Bill 22/09/2022
0.00

Sector Holding%
Miscellaneous
35.73

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+
10.43
Cash
1.94
CRISIL A1+
40.75
CRISIL AA
1.89
CRISIL AA+
3.13
CRISIL AAA
14.17
FITCH AA+(IND)
0.87
FITCH IND AA+
2.18
ICRA AA+
1.16
ICRA AAA
0.87
SOV
22.63

About Kotak Savings Fund

Scheme Analysis

Kotak Savings Fund is a Debt - Ultra Short Duration Fund fund and belongs to Kotak Mahindra Mutual Fund. It was launched on 01-Jan-2013 and currently has an AUM of ₹11,486.96 crore. Kotak Savings Fund is benchmarked against Crisil 1 Yr T-Bill Index as primary index and NIFTY Ultra Short Duration Debt Index as secondary index.

The NAV of Kotak Savings Fund ended up ₹0.01(0.04%)yesterday to ₹36.5546.

Among its top 3 holdings the fund has exposure to HDFC Bank Ltd.**, and

The Kotak Savings 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/

Financial Health Checkup

Money Simplified Videos

Infographics