Kotak Floating Rate Fund - Growth - Regular Plan

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  • Net Change on 27-02-2024

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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 (₹)

  • 52 Week Low Nav Date

  • 52 Week High Nav (₹)

  • 52 Week High Nav Date

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
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.)
HDFC Floating Rate Debt Fund - Growth Option Oct 23, 2007 7.86 5.79 6.77 0.48 16,101.03
Aditya Birla Sun Life Floating Rate Fund-Regular Plan-Growth Mar 25, 2009 7.63 5.81 6.58 0.45 12,242.89
ICICI Prudential Floating Interest Fund - Growth Nov 17, 2005 7.74 5.46 6.68 1.27 10,636.32
Nippon India Floating Rate Fund - Growth Plan-Growth Option Sep 02, 2004 Unrated 7.65 5.54 6.95 0.61 7,599.67
UTI - Floater Fund - Regular Plan - Growth Option Oct 30, 2018 Unrated 7.14 4.99 5.94 0.85 1,408.98

Fund Holdings as on 31-January-2024

  • Central Government - 2033

  • HDFC BANK LTD.**

  • Power Finance Corporation Ltd.**

  • 7.5% NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT**

  • 7.25% NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT(^)**

  • Rural Electrification Corporation Ltd.**

  • 7.4% Rural Electrification Corporation Ltd.**

  • 7.18% CANARA BANK**

  • 8% ONGC Petro Additions Ltd.(^)**

  • Net Current Assets/(Liabilities)

  • 7.15% SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA**

  • 9.75% Jamnagar Utilities & Power Private Limited ( Mukesh Ambani Group )

  • 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)**

  • 8.9% BHARTI TELECOM LTD.**

  • 8.15% SUNDARAM HOME FINANCE LTD**

  • HDB Financial Services Ltd.**

  • 6.25% EMBASSY OFFICE PARKS REIT(^)**

  • 6.42% BHARTI TELECOM LTD.**

  • 6.25% LIC HOUSING FINANCE LTD.(^)**

  • INDUSIND BANK LTD.(^)**

  • 7.44% BANK OF BARODA**

  • Central Government - 2031

  • 7.33% LIC HOUSING FINANCE LTD.**

  • 6.24% STATE BANK OF INDIA.

  • BANK OF BARODA**

  • 9.25% Power Finance Corporation Ltd.**

  • 7.83% BAJAJ HOUSING FINANCE LTD.**

  • 7.23% SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA**

  • 5.99% LIC HOUSING FINANCE LTD.**

  • 8.7% BHARTI TELECOM LTD.**

  • 8.6% BHARTI TELECOM LTD.**

  • 8.5% Punjab State Govt - 2025 - Punjab

  • 6.88% Rural Electrification Corporation Ltd.**

  • 5.69% BAJAJ HOUSING FINANCE LTD.**

  • 9.53% INDIAN BANK**

  • 8.27% Rural Electrification Corporation Ltd.**

  • SBI ALTERNATIVE INVESTMENT FUND

  • Triparty Repo

  • GS CG 22 Feb 2024 - (STRIPS)

  • 8.35% GODREJ INDUSTRIES LTD ( ) **

  • 8.39% Rajasthan State Govt - 2024 - Rajasthan

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

  • 8.1% Uttar Pradesh State Govt - 2025 - Uttar Pradesh

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  • Miscellaneous

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Fund Manager

  • Cash

  • CRISIL A1+

  • CRISIL AA

  • CRISIL AA+

  • CRISIL AAA

  • CRISIL AAA(SO)

  • FITCH A1+

  • FITCH AA+

  • FITCH AAA

  • ICRA AAA

  • ICRA AAA(CE)

  • 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 ₹4,724.99 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 ₹0.28(0.02%)yesterday to ₹1350.1865.

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