Kotak Savings Fund - Growth - Direct Plan

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₹42.3062 0.06 %Nav, as on 16-09-2024
Previous Nav
₹ 42.2812
Net Change on 16-09-2024
₹0.03
PersonalFN Rating
Unrated
Category
Debt - Ultra Short Duration Fund
Assets (Cr.)
₹ 12,644.15
Expense Ratio
0.36%
(As on Aug 31, 2024)

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 (₹)
100
Minimum Addl Investment (₹)
100
Exit Load (%)
Nil
Minimum SIP Investment (₹)
100
Minimum STP Investment (₹)
500
Minimum SWP Investment (₹)
1,000
52 Week Low Nav (₹)
39.37
52 Week Low Nav Date
18-Sep-2023
52 Week High Nav (₹)
42.31
52 Week High Nav Date
16-Sep-2024

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	6.96	7.24	7.47	6.21	5.92	7.42
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	Ratings	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Expense Ratio (%)	Assets (Cr.)
Kotak Savings Fund-Growth - Direct	Jan 01, 2013	Unrated	7.47	6.21	5.92	0.36	12,644.15
ICICI Prudential Ultra Short Term Fund - Direct Plan - Growth	Jan 08, 2013		7.66	6.40	6.45	0.39	14,967.80
Aditya Birla Sun Life Savings Fund - Growth - Direct Plan	Jan 01, 2013		7.66	6.31	6.23	0.36	13,722.28
SBI MAGNUM ULTRA SHORT DURATION FUND - DIRECT PLAN - GROWTH	Dec 31, 2012		7.50	6.09	5.78	0.31	12,828.42
Nippon India Ultra Short Duration Fund- Direct Plan- Growth Option	Jan 02, 2013		7.80	6.65	6.93	0.38	7,599.90
Axis Ultra Short Term Fund - Direct Plan Growth	Sep 10, 2018		7.69	6.39	6.11	0.36	5,949.05

Fund Holdings as on 31-August-2024

Company % Assets
PUNJAB NATIONAL BANK(^)**
4.77
182 DAYS TREASURY BILL 12/12/2024
3.88
364 DAYS TREASURY BILL 06/02/2025
3.07
NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT(^)**
3.04
HDFC BANK LTD.
2.91
PUNJAB NATIONAL BANK**
2.65
5.99% LIC HOUSING FINANCE LTD.(^)**
2.35
INDIAN BANK(^)**
2.28
8.3% Nirma Ltd.**
1.98
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA**
1.93
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA**
1.92
Panatone Finvest Ltd.**
1.92
IDFC FIRST BANK LIMITED(^)**
1.91
FEDERAL BANK LTD.**
1.90
AXIS BANK LTD.(^)**
1.87
8.9% BHARTI TELECOM LTD.(^)**
1.79
182 DAYS TREASURY BILL 12/09/2024
1.66
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA(^)**
1.55
182 DAYS TREASURY BILL 23/01/2025
1.54
ICICI BANK LTD.**
1.53
AXIS BANK LTD.**
1.53
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA**
1.53
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LTD.**
1.52
HDFC BANK LTD.(^)**
1.50
7.85% INDINFRAVIT TRUST**
1.38
HDFC BANK LTD.**
1.38
6.4% LIC HOUSING FINANCE LTD.**
1.38
NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT**
1.35
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA**
1.33
NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT**
1.33
8.8% BHARTI TELECOM LTD.(^)**
1.19
7.87% LIC HOUSING FINANCE LTD.(^)**
1.19
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LTD.**
1.18
5.65% Tamil Nadu State Govt - 2025 - Tamil Nadu(^)
1.18
364 DAYS TREASURY BILL 05/12/2024
1.17
AXIS BANK LTD.**
1.15
ADITYA BIRLA FINANCE LTD.**
1.15
PUNJAB NATIONAL BANK**
1.15
HDFC BANK LTD.**
1.14
HDFC BANK LTD.**
1.14
8% ICICI HOME FINANCE COMPANY LIMITED**
1.03
7.77% EMBASSY OFFICE PARKS REIT**
0.99
CANARA BANK
0.96
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LTD.**
0.93
6.42% BHARTI TELECOM LTD.**
0.83
7.75% TITAN COMPANY LTD.**
0.79
9.15% GRIHUM HOUSING FINANCE LIMITED**
0.79
7.72% LIC HOUSING FINANCE LTD.**
0.79
7.7% HDB Financial Services Ltd.**
0.79
6.4% John Deere Financial India Private Limited**
0.78
FEDERAL BANK LTD.**
0.78
6.04% Gujarat State Govt - 2026 - Gujarat(^)
0.78
AXIS BANK LTD.**
0.77
INDUSIND BANK LTD.(^)**
0.77
ICICI BANK LTD.**
0.77
PUNJAB NATIONAL BANK**
0.77
MUTHOOT FINANCE LTD.**
0.77
Hero FinCorp Ltd.**
0.76
AXIS BANK LTD.**
0.76
HDFC BANK LTD.**
0.76
PTC SANSAR TRUST (SERIES A1) 25/01/2025 (MAT- 25/11/2025)(SANSAR TRUST)**
0.75
INDUSIND BANK LTD.**
0.74
8.17% EMBASSY OFFICE PARKS REIT**
0.71
7.07% Tamil Nadu State Govt - 2026 - Tamil Nadu(^)
0.59
7.92% BAJAJ HOUSING FINANCE LTD.(^)**
0.59
5.63% NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT**
0.59
HDFC BANK LTD.(^)**
0.57
NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT**
0.57
BARCLAYS INVESTMENTS & LOAN (INDIA) PVT. LTD.**
0.57
SANSAR TRUST(SANSAR TRUST)**
0.46
8% BAJAJ HOUSING FINANCE LTD.**
0.40
Central Government - 2024
0.40
8.6% BHARTI TELECOM LTD.**
0.40
7.83% BAJAJ HOUSING FINANCE LTD.(^)**
0.39
7.88% Kotak Mahindra Prime Ltd.**
0.39
7.5% NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT(^)**
0.39
7.44% SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA(^)
0.39
6.3% HDB Financial Services Ltd.**
0.39
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LTD.**
0.38
INDIAN BANK**
0.38
7.57% Gujarat State Govt - 2026 - Gujarat
0.36
SBI ALTERNATIVE INVESTMENT FUND
0.29
8.58% LIC HOUSING FINANCE LTD.**
0.28
7.4% NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT**
0.24
6.18% Central Government - 2024
0.20
7.57% NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT**
0.20
7.17% GODREJ INDUSTRIES LTD
0.20
6.87% MUTHOOT FINANCE LTD.
0.20
6.75% Sikka Ports & Terminals Ltd. ( Mukesh Ambani Group )
0.19
5.7% NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT**
0.19
CANARA BANK**
0.19
GS CG 12/09/2025 - (STRIPS)
0.18
GS CG 17/12/2026 - (STRIPS)
0.17
8% ONGC Petro Additions Ltd.**
0.12
8.43% PNB HOUSING FINANCE LTD.**
0.10
8.98% Power Finance Corporation Ltd.**
0.04
Triparty Repo
0.01
182 DAYS TREASURY BILL 05/09/2024
0.00
Net Current Assets/(Liabilities)
-1.89

Sector Holding%
Miscellaneous
48.86

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 Bond Short Term Fund
Kotak Floating Rate Fund
Kotak Money Market Fund
Kotak Overnight Fund
Kotak Banking and PSU Debt Fund
Kotak Bond Short Term Fund
Kotak Corporate Bond Fund
Kotak Credit Risk Fund
Kotak Dynamic Bond Fund
Kotak Floating Rate Fund
Kotak Liquid Fund
Kotak Low Duration Fund
Kotak Medium Term Fund
Kotak Money Market Fund
Kotak Overnight Fund
Kotak Savings Fund

Manu Sharma

Education:Chartered Accountant & M.Com
Experience:16 years
Basic Details:Mr. Manu Sharma has over 17 years of experience in the fields of Fixed Income Fund Management, Operations, Finance Audit and Taxation. He joinedKotak AMC from Deskera Systems in September 2019 and was based out of Bangalore/Singapore for one year. Prior to it Mr. Manu was with Kotak AMCsince September 2006 to June 2018 and has handled major assignments like the Fund Management, Operations and Finance for the KotakAMC.
Funds Managed:
Kotak Floating Rate Fund
Kotak Money Market Fund
Kotak Corporate Bond Fund
Kotak Floating Rate Fund
Kotak Low Duration Fund
Kotak Money Market Fund
Kotak Savings Fund

Holding Type Holding %
CARE A1+
16.46
CARE AA-
0.79
Cash
-1.88
CRISIL A1+
25.16
CRISIL AA
2.18
CRISIL AA+
4.41
CRISIL AAA
16.06
FITCH A1+
9.72
FITCH A1+(IND)
1.33
FITCH AAA(IND)
0.20
FITCH AAA(SO)
0.75
ICRA A1+
4.60
ICRA AA+
2.21
ICRA AAA
1.97
ICRA AAA(CE)
0.12
ICRA AAA(SO)
0.46
SOV
15.18
Unrated
0.29

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 ₹12,644.15 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 ₹0.03(0.06%)yesterday to ₹42.3062.

Among its top 3 holdings the fund has exposure to PUNJAB NATIONAL BANK(^)**, and

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

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: https://www.kotakmf.com/

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