Kotak Credit Risk Fund - IDCW - Direct Plan

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  • Net Change on 14-06-2024

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  • Assets (Cr.)

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Fund Overview IDCW | Direct Plan

  • Fund House

  • Launch Date

  • Benchmark

  • Minimum Investment (₹)

  • Minimum Addl Investment (₹)

  • Exit Load (%)

  • Minimum SIP Investment (₹)

  • Minimum STP Investment (₹)

  • Minimum SWP Investment (₹)

  • 52 Week Low Nav (₹)

  • 52 Week Low Nav Date

  • 52 Week High Nav (₹)

  • 52 Week High Nav Date

Fund Objective

The investment objective of the scheme is to generate income by investing in debt /and money market securities across the yield curve and predominantly in AA rated and below corporatesecurities. The scheme would also seek to maintain reasonable liquidity within the fund.

Fund Performance

Scheme Name 1-Month Return (%) 3-Month Return (%) 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Since Inception
Kotak Credit Risk Fund - Direct Plan - Standard Income Distribution cum capital withdrawal option 13.07 8.20 8.94 5.69 6.76 8.21
Crisil 10 Yr Gilt Index N/A N/A N/A N/A N/A N/A
CRISIL Credit Risk 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 Credit Risk Fund - Direct Plan - Standard Income Distribution cum capital withdrawal option Mar 24, 2014 8.94 5.69 6.76 0.79 822.11
HDFC Credit Risk Debt Fund - IDCW Option - Direct Plan Nov 20, 2014 7.69 6.39 7.93 0.96 7,980.05
HDFC Credit Risk Debt Fund - Quarterly IDCW - Direct Plan Mar 25, 2014 7.69 6.39 7.46 0.96 7,980.05
ICICI Prudential Credit Risk Fund - Direct Plan - Quarterly IDCW Jan 07, 2013 8.53 7.03 7.78 0.77 6,912.50
SBI Credit Risk Fund - Direct Plan - Daily Income Distribution cum Capital Withdrawal Option (IDCW) Jan 07, 2013 7.99 6.97 7.28 0.90 2,463.93
SBI Credit Risk Fund - Direct Plan - Income Distribution cum Capital Withdrawal Option (IDCW) Jan 02, 2013 7.98 6.97 7.35 0.90 2,463.93

Fund Holdings as on 31-May-2024

  • 7.18% Central Government - 2033

  • 9.65% Tata Power Company Ltd.**

  • 7.99% TATA PROJECTS LTD.**

  • PTC VAJRA TRUST (SERIES A1) 20/02/2029 (MAT 20/02/2027)(VAJRA TRUST)**

  • 6.9% Aadhar Housing Finance Limited**

  • 8.1% Century Textiles & Industries Ltd.**

  • 11.75% PRESTIGE PROJECTS PVT. LTD**

  • 9.95% INDOSTAR CAPITAL FINANCE LIMITED**

  • 9.17% MACROTECH DEVELOPERS LTD**

  • 7.88% INDIA GRID TRUST**

  • 8.65% Aadhar Housing Finance Limited**

  • EMBASSY OFFICE PARKS REIT

  • Net Current Assets/(Liabilities)

  • 9.3% AU SMALL FINANCE BANK LTD.**

  • 7.57% NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT**

  • 8.5% JM Financial Products Limited**

  • BHARAT HIGHWAYS INVIT

  • 8.5% Nirma Ltd.**

  • 7.75% SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA**

  • Brookfield REIT

  • 7.59% THDC India Ltd. (THDCIL)**

  • Triparty Repo

  • 9.7% U P Power Corporation Ltd ( Guaranteed By UP State Government ) **

  • SBI ALTERNATIVE INVESTMENT FUND

  • 9.7% U P Power Corporation Ltd ( Guaranteed By UP State Government ) **

  • 9.7% U P Power Corporation Ltd ( Guaranteed By UP State Government ) **

  • 9.7% U P Power Corporation Ltd ( Guaranteed By UP State Government ) **

  • 9.7% U P Power Corporation Ltd ( Guaranteed By UP State Government ) **

  • 9.7% U P Power Corporation Ltd ( Guaranteed By UP State Government ) **

  • 9.95% U P Power Corporation Ltd ( Guaranteed By UP State Government ) **

  • 9.95% U P Power Corporation Ltd ( Guaranteed By UP State Government ) **

  • 9.95% U P Power Corporation Ltd ( Guaranteed By UP State Government ) **

  • 9.95% U P Power Corporation Ltd ( Guaranteed By UP State Government ) **

  • 9.95% U P Power Corporation Ltd ( Guaranteed By UP State Government ) **

  • 9.95% U P Power Corporation Ltd ( Guaranteed By UP State Government ) **

  • 9.95% U P Power Corporation Ltd ( Guaranteed By UP State Government ) **

  • Central Government - 2033

  • 0% YES Bank Ltd.- AT1 Bonds**

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  • Miscellaneous

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Fund Manager

  • Education:PGDBM -Finance,Chartered Accountant and B.com
  • Experience:17 years
  • Basic Details:Mr. Sunit Garg has more than 16 years of experience in financial service industry in India. Out of which, more than 6 years has been with Kotak Mahindra Asset Management Company Limited. Prior to this he has worked with various Banks such as FirstRand Bank, Barclays Bank, ICICI Bank etc.
  • Funds Managed:
  • Kotak Credit Risk Fund
  • Kotak Medium Term Fund
  • CARE AA

  • Cash

  • CRISIL A+(CE)

  • CRISIL AA

  • CRISIL AA-

  • CRISIL AAA

  • FITCH AA

  • FITCH AAA(IND)

  • ICRA A

  • ICRA AA

  • ICRA AA-

  • ICRA AAA(SO)

  • ICRA D

  • REITs & InvITs

  • Sov

  • Unrated

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About Kotak Credit Risk Fund

Scheme Analysis

Kotak Credit Risk Fund is a Debt - Credit Risk Fund fund and belongs to Kotak Mahindra Mutual Fund. It was launched on 24-Mar-2014 and currently has an AUM of ₹822.11 crore. Kotak Credit Risk Fund is benchmarked against Crisil 10 Yr Gilt Index as primary index and CRISIL Credit Risk Debt Index as secondary index.

The NAV of Kotak Credit Risk Fund ended up ₹0.01(0.02%)yesterday to ₹22.8283.

Among its top 3 holdings the fund has exposure to 7.18% Central Government - 2033, and

The Kotak Credit Risk Fund is managed by Deepak Agrawal and Sunit Garg.

Fund House Contact

27 BKC, C-27, G Block, Bandra Kurla Complex, Bandra (E), Mumbai - 400 051

+91 (22) 66384400
mutual@kotak.com
+91 (22) 66384455