Kotak Floating Rate Fund - Growth - Regular Plan

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  • Net Change on 12-07-2024

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Fund Overview Growth | Regular 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 (₹)

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Fund Objective

The primary objective of the Scheme is to generate income through investment primarily in floating rate debt instruments, fixed rate debt instruments swapped for floating rate returns and money market instruments.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 FLOATING RATE FUND-REGULAR PLAN-GROWTH OPTION 9.39 7.82 7.59 5.82 6.56 6.60
Crisil 10 Yr Gilt Index N/A N/A N/A N/A N/A N/A
Nifty 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 FLOATING RATE FUND-REGULAR PLAN-GROWTH OPTION May 14, 2019 Unrated 7.59 5.82 6.56 0.62 3,793.54
ICICI Prudential Floating Interest Fund - Growth Nov 17, 2005 8.00 6.05 6.69 1.22 9,557.71
Nippon India Floating Rate Fund - Growth Plan-Growth Option Sep 02, 2004 Unrated 7.49 5.72 6.80 0.60 7,817.10
UTI - Floater Fund - Regular Plan - Growth Option Oct 30, 2018 Unrated 6.78 5.29 5.63 0.84 1,382.47
Franklin India Floating Rate Fund - Growth Plan Apr 23, 2001 7.83 5.81 5.75 0.95 306.74

Fund Holdings as on 30-June-2024

  • Central Government - 2033(^)

  • 7.68% SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA(^)

  • HDFC BANK LTD.**

  • 7.84% LIC HOUSING FINANCE LTD.(^)**

  • 7.91% TATA CAPITAL LTD.

  • Central Government - 2031

  • 7.96% PIPELINE INFRASTRUCTURE LIMITED**

  • 7.18% CANARA BANK**

  • 8.00% ONGC Petro Additions Ltd.**

  • Central Government - 2034

  • PTC First Business Receivables Trust (Series 22) 01/07/2025(First Business Receivables Trust)**

  • PTC First Business Receivables Trust (Series 21) 01/04/2025(First Business Receivables Trust)**

  • 8.15% SUNDARAM HOME FINANCE LTD(^)**

  • 8.90% MUTHOOT FINANCE LTD.(^)

  • Net Current Assets/(Liabilities)

  • 7.44% BANK OF BARODA**

  • 9.09% MUTHOOT FINANCE LTD.

  • 7.80% NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT(^)

  • 8.50% DLF HOME DEVELOPERS LTD(^)**

  • 6.24% STATE BANK OF INDIA.**

  • 9.02% MUTHOOT FINANCE LTD.(^)**

  • 7.67% LIC HOUSING FINANCE LTD.**

  • 7.68% NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT(^)

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

  • FRB Rural Electrification Corporation Ltd.**

  • 8.95% MUTHOOT FINANCE LTD.(^)**

  • 8.10% BAJAJ HOUSING FINANCE LTD.(^)

  • 7.62% NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT(^)**

  • 7.51% Rural Electrification Corporation Ltd.(^)**

  • 7.96% PIPELINE INFRASTRUCTURE LIMITED**

  • SBI ALTERNATIVE INVESTMENT FUND

  • 9.25% Bahadur Chand Investments Private Limited**

  • 9.25% Bahadur Chand Investments Private Limited**

  • Triparty Repo

  • 8.35% GODREJ INDUSTRIES LTD ( ) (^)**

  • 8.75% STATE BANK OF INDIA.- AT1 Bonds**

  • 8.10% Uttar Pradesh State Govt - 2025 - Uttar Pradesh

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  • Miscellaneous

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Fund Manager

  • Cash

  • CRISIL AA

  • CRISIL AA+

  • CRISIL AAA

  • CRISIL AAA(SO)

  • FITCH AAA

  • ICRA AA

  • ICRA AAA

  • ICRA AAA(CE)

  • ICRA AAA(SO)

  • Sov

  • Unrated

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About Kotak Floating Rate Fund

Scheme Analysis

Kotak Floating Rate Fund is a Debt - Floater Fund fund and belongs to Kotak Mahindra Mutual Fund. It was launched on 14-May-2019 and currently has an AUM of ₹3,793.54 crore. Kotak Floating Rate Fund is benchmarked against Crisil 10 Yr Gilt Index as primary index and Nifty Short Duration Debt Index as secondary index.

The NAV of Kotak Floating Rate Fund ended up ₹0.04(0%)yesterday to ₹1391.476.

Among its top 3 holdings the fund has exposure to Central Government - 2033(^), and

The Kotak Floating Rate Fund is managed by Deepak Agrawal and Manu Sharma.

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