Kotak Savings Fund - Growth - Direct Plan

Item: Kotak Savings Fund - Growth - Direct Plan
Rating: 3
Author: PersonalFN

₹32.647 0.02 %Nav, as on 20-02-2020
Previous Nav
₹ 32.6401
Net Change on 20-02-2020
₹0.01
PersonalFN Rating
Category
Debt - Ultra Short Duration Fund
Assets (Cr.)
₹ 13,178.56
Expense Ratio
0.35%
(As on Jan 31, 2020)

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 (₹)
30.24
52 Week Low Nav Date
21-Feb-2019
52 Week High Nav (₹)
32.65
52 Week High Nav Date
20-Feb-2020

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	6.66	6.15	7.98	7.67	8.08	8.46
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	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Expense Ratio (%)	Assets (Cr.)
Kotak Savings Fund-Growth - Direct	Jan 01, 2013	7.98	7.67	8.08	0.35	13,178.56
Aditya Birla Sun Life Savings Fund - Growth - Direct Plan	Jan 01, 2013	8.45	7.90	8.39	0.24	17,354.91
Franklin India Ultra Short Bond Fund - Super Institutional Plan - Direct - Growth	Jan 01, 2013	5.00	7.40	8.36	0.43	16,098.58
SBI MAGNUM ULTRA SHORT DURATION FUND - DIRECT PLAN - GROWTH	Dec 31, 2012	7.86	7.63	7.75	0.32	13,854.45
ICICI Prudential Ultra Short Term Fund - Direct Plan - Growth	Jan 08, 2013	9.03	8.26	9.22	0.35	7,865.52
L&T Ultra Short Term Fund-Direct Plan - Growth	Jan 01, 2013	7.61	7.55	8.01	0.23	2,666.39

Fund Holdings as on 31-January-2020

Company % Assets
76 Days Cash Management Bill 17/03/2020
6.79
Reverse Repo$
4.75
LIC Housing Finance Ltd.
3.80
Tata Steel Ltd.
3.77
HDFC Ltd.
3.77
IndusInd Bank Ltd.
3.73
IndusInd Bank Ltd.
3.72
National Bank for Agriculture & Rural Development
3.71
Small Industries Development Bank Of India
3.69
Triparty Repo
3.08
AXIS Bank Ltd.
2.95
Mahindra & Mahindra Financial Services Ltd.
2.66
Rural Electrification Corporation Ltd.
2.61
Rural Electrification Corporation Ltd.
2.38
AXIS Bank Ltd.
2.24
National Bank for Agriculture & Rural Development
2.21
Reliance Industries Ltd.
2.13
Small Industries Development Bank Of India
1.85
Nabha Power Ltd. ( Backed by Letter of Comfort from L&T )
1.70
70 Days Cash Management Bill 17/03/2020
1.55
Tata Motors Ltd.
1.51
Bharti Telecom Ltd.
1.51
National Bank for Agriculture & Rural Development
1.49
Small Industries Development Bank Of India
1.48
HDFC Ltd.
1.47
AXIS Bank Ltd.
1.45
Shriram Transport Finance Co Ltd.
1.33
Aditya Birla Finance Ltd.
1.15
Muthoot Finance Ltd.
1.14
Larsen and Toubro Ltd.
1.13
Reliance Jio Infocomm Ltd. ( Irrevocably and unconditionally guaranteed by Reliance Industries )
1.12
Rent A Device Trust ( Underlying customer Reliance Retail )
1.10
LIC Housing Finance Ltd.
1.04
Bank Of Baroda
1.01
ICICI Bank Ltd.
0.97
Nabha Power Ltd. ( backed by unconditional and irrevocable guarantee by Larsen & Toubro Ltd )
0.96
LIC Housing Finance Ltd.
0.96
Fullerton India Credit Co. Ltd.
0.94
Muthoot Finance Ltd.
0.92
364 Days Treasury Bill 12/03/2020
0.82
HDFC Ltd.
0.77
Central Government - 2020
0.76
Tata Capital Housing Finance Ltd.
0.76
182 Days Treasury Bill 19/03/2020
0.75
AXIS Bank Ltd.
0.75
IndusInd Bank Ltd.
0.74
Rural Electrification Corporation Ltd.
0.74
LIC Housing Finance Ltd.
0.73
Rent A Device Trust ( Underlying customer Reliance Retail )
0.65
Rural Electrification Corporation Ltd.
0.65
Rural Electrification Corporation Ltd.
0.62
U P Power Corporation Ltd ( Guaranteed By UP State Government )
0.61
Power Finance Corporation Ltd.
0.58
Aditya Birla Finance Ltd.
0.57
Small Industries Development Bank Of India
0.56
Tata Sons Private Ltd.
0.46
63 Days Cash Management Bill 17/03/2020
0.45
State Bank Of India.
0.42
Muthoot Finance Ltd.
0.41
LIC Housing Finance Ltd.
0.39
HDFC Ltd.
0.39
Small Industries Development Bank Of India
0.38
Bharti Telecom Ltd.
0.38
Bank Of Baroda
0.36
Tata Capital Financial Services Limited
0.30
91 Days Treasury Bill 05/03/2020
0.19
Cholamandalam Investment and Finance Company Ltd.
0.19
Bank Of Baroda
0.19
First Business Receivables Trust ( Originator Reliance Industries Ltd )
0.18
First Business Receivables Trust ( Originator Reliance Industries Ltd )
0.18
First Business Receivables Trust ( Originator Reliance Industries Ltd )
0.17
First Business Receivables Trust ( Originator Reliance Industries Ltd )
0.17
National Bank for Agriculture & Rural Development
0.15
LIC Housing Finance Ltd.
0.15
HDFC Ltd.
0.15
Manappuram Finance Ltd.
0.15
Reliable Devices Trust ( Underlying customer Reliance Retail )
0.10
Power Finance Corporation Ltd.
0.04
HDFC Ltd.
0.04
National Bank for Agriculture & Rural Development
0.02
U P Power Corporation Ltd ( Guaranteed By UP State Government )
0.01
Net Current Assets/(Liabilities)
-2.82

Sector Holding%
Miscellaneous
28.54

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 ₹13,178.56 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(0.02%)yesterday to ₹32.647.

Among its top 3 holdings the fund has exposure to 76 Days Cash Management Bill 17/03/2020, 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/

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 AA
0.19
CARE AA+
0.97
CARE AAA
8.62
Cash
5.01
CRISIL A1+
35.32
CRISIL AA
2.62
CRISIL AA+
0.42
CRISIL AAA
14.37
CRISIL AAA(SO)
0.70
FITCH IND A1+
2.21
FITCH IND AA(CE)
0.62
FITCH IND AA+
1.33
FITCH IND AAA
2.66
ICRA A1+
7.48
ICRA AA
1.37
ICRA AAA
2.02
ICRA AAA(CE)
0.96
ICRA AAA(SO)
1.85
Sov
11.31

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