Kotak Floating Rate Fund - Growth - Regular Plan

Other Plans and Options
  • 0.03 %Nav, as on 07-06-2023

  • Previous Nav

  • Net Change on 07-06-2023

  • PersonalFN Rating

  • Assets (Cr.)

  • Expense Ratio

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 7.23 5.85 6.85 0.48 14,927.49
Aditya Birla Sun Life Floating Rate Fund-Regular Plan-Growth Mar 25, 2009 6.95 5.53 6.77 0.45 12,202.09
ICICI Prudential Floating Interest Fund - Growth Nov 17, 2005 7.46 5.83 6.67 1.28 10,997.09
Franklin India Floating Rate Fund - Growth Plan Apr 23, 2001 6.63 4.79 5.59 0.92 294.52

Fund Holdings as on 31-May-2023

  • Central Government - 2033

  • HDFC Ltd.**

  • Power Finance Corporation Ltd.**

  • ICICI BANK LTD.(^)**

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

  • Reliance Industries Ltd.

  • Rural Electrification Corporation Ltd.**

  • Net Current Assets/(Liabilities)

  • 7.4% Rural Electrification Corporation Ltd.**

  • 8% ONGC Petro Additions Ltd.**

  • 7.18% Canara Bank**

  • 7.69% National Bank for Agriculture & Rural Development**

  • 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)**

  • HDB Financial Services Ltd.**

  • 6.17% MUTHOOT FINANCE LTD.**

  • 6.25% EMBASSY OFFICE PARKS REIT**

  • 5.7% Tata Capital Housing Finance Ltd.**

  • 6.42% BHARTI TELECOM LTD.**

  • STATE BANK OF INDIA.**

  • National Bank for Agriculture & Rural Development(^)**

  • 7.44% Bank Of Baroda**

  • Central Government - 2031

  • 6.24% State Bank Of India.**

  • 9.25% Power Finance Corporation Ltd.**

  • 8.98% Power Finance Corporation Ltd.**

  • 5.85% BHARTI TELECOM LTD.**

  • Standard Chartered Capital Ltd.**

  • 5.99% LIC Housing Finance Ltd.**

  • 5.23% National Bank for Agriculture & Rural Development

  • Union Bank of India**

  • 8.7% BHARTI TELECOM LTD.**

  • 8.6% BHARTI TELECOM LTD.**

  • 8.5% Punjab State Govt - 2025 - Punjab

  • Triparty Repo

  • 8.85% AXIS Bank Ltd.

  • 6.88% Rural Electrification Corporation Ltd.**

  • Small Industries Development Bank Of India**

  • 5.72% AXIS Finance Ltd.**

  • 5.7% Kotak Mahindra Prime Ltd.**

  • 5.69% Bajaj Housing Finance Ltd.**

  • GS CG 02/01/2025 - (STRIPS)

  • 7.4% LIC Housing Finance Ltd.**

  • GS CG 22 Feb 2024 - (STRIPS)

  • GS CG 22 Feb 2025 - (STRIPS)

  • 9.53% Indian Bank**

  • 8.27% Rural Electrification Corporation Ltd.**

  • 9.9% ICICI Bank Ltd.- AT1 Bonds**

  • 8.19% Power Finance Corporation 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

  • CARE A1+

  • Cash

  • CRISIL A1+

  • CRISIL AA+

  • CRISIL AAA

  • CRISIL AAA(SO)

  • FITCH A1+(IND)

  • FITCH AAA(IND)

  • FITCH IND AA+

  • FITCH IND AAA

  • ICRA A1+

  • ICRA AAA(CE)

  • SOV

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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 ₹4,903.75 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 ₹0.43(0.03%)yesterday to ₹1284.8723.

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