Kotak Savings Fund - IDCW - Direct Plan

Item: Kotak Savings Fund - IDCW - Direct Plan
Rating: 1
Author: PersonalFN

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₹17.0203 (-0.04%)Nav, as on 29-09-2023
Previous Nav
₹ 17.0265
Net Change on 29-09-2023
₹-0.01
PersonalFN Rating
Category
Debt - Ultra Short Duration Fund
Assets (Cr.)
₹ 13,487.47
Expense Ratio
0.36%
(As on Aug 31, 2023)

Fund Overview IDCW | 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 (₹)
20.34
52 Week Low Nav Date
03-Oct-2022
52 Week High Nav (₹)
21.79
52 Week High Nav Date
27-Sep-2023

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-Monthly Payout of Income Distribution cum capital withdrawal option - Direct	5.99	6.88	7.24	5.05	6.16	6.97
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	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Expense Ratio (%)	Assets (Cr.)
Kotak Savings Fund-Monthly Payout of Income Distribution cum capital withdrawal option - Direct	Jan 01, 2013	7.24	5.05	6.16	0.36	13,487.47
Aditya Birla Sun Life Savings Fund-DIRECT - DAILY IDCW	Jan 01, 2013	7.34	5.33	5.83	0.34	14,682.62
Aditya Birla Sun Life Savings Fund-DIRECT - WEEKLY IDCW	Jan 01, 2013	7.22	5.29	5.80	0.34	14,682.62
HDFC Ultra Short Term Fund - Direct Plan-Daily IDCW Option	Sep 24, 2018	7.21	5.14	5.61	0.36	13,494.67
HDFC Ultra Short Term Fund - Direct Plan-Monthly IDCW Option	Sep 24, 2018	7.21	5.15	5.64	0.36	13,494.67
HDFC Ultra Short Term Fund - Direct Plan-Weekly IDCW Option	Sep 24, 2018	7.09	5.02	5.57	0.36	13,494.67

Fund Holdings as on 31-August-2023

Company % Assets
INDIAN BANK**
5.16
182 DAYS TREASURY BILL 14/09/2023
4.73
91 DAYS TREASURY BILL 12/10/2023
3.68
STATE BANK OF INDIA.**
3.52
Central Government - 2024
2.89
Union Bank of India**
2.89
Mahindra & Mahindra Financial Services Ltd.**
2.59
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA**
2.52
HDFC BANK LTD.**
2.49
Panatone Finvest Ltd.**
2.34
182 DAYS TREASURY BILL 29/02/2024
2.29
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA**
2.19
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA**
2.10
AXIS BANK LTD.**
1.97
AXIS BANK LTD.(^)
1.92
182 DAYS TREASURY BILL 25/01/2024
1.80
182 DAYS TREASURY BILL 08/02/2024
1.80
FEDERAL BANK LTD.**
1.80
PUNJAB NATIONAL BANK**
1.79
INDIAN BANK**
1.79
STATE BANK OF INDIA.**
1.78
AXIS BANK LTD.(^)**
1.78
ICICI BANK LTD.**
1.78
Rural Electrification Corporation Ltd.**
1.55
HDFC BANK LTD.**
1.53
RELIANCE INDUSTRIES LTD.**
1.46
Sikka Ports & Terminals Ltd.**
1.46
INDIAN BANK**
1.44
Union Bank of India**
1.43
8.3% Central Government - 2023
1.31
HDFC BANK LTD.**
1.30
Triparty Repo
1.27
Tata Capital Housing Finance Ltd.**
1.26
Union Bank of India**
1.26
8.8% BHARTI TELECOM LTD.**
1.12
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LTD.**
1.11
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LTD.**
1.11
7.85% INDINFRAVIT TRUST**
1.10
182 DAYS TREASURY BILL 18/01/2024
1.08
NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT**
1.07
7.77% EMBASSY OFFICE PARKS REIT**
0.92
BANK OF BARODA**
0.91
Export-Import Bank of India**
0.89
PUNJAB & SIND BANK**
0.89
HDFC BANK LTD.**
0.88
6.42% BHARTI TELECOM LTD.**
0.76
Sundaram Home Finance Ltd**
0.74
8.65% POONAWALLA HOUSING FINANCE LIMITED**
0.74
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LTD.**
0.74
BANK OF BARODA
0.73
HDFC BANK LTD.
0.73
ICICI BANK LTD.**
0.72
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA
0.72
INDUSIND BANK LTD.**
0.72
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LTD.**
0.71
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA**
0.71
HDFC BANK LTD.**
0.71
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA**
0.70
5.7% Bajaj Housing Finance Ltd.**
0.69
Net Current Assets/(Liabilities)
0.56
5.42% HDB Financial Services Ltd.**
0.55
Tata Capital Housing Finance Ltd.**
0.50
91 DAYS TREASURY BILL 07/09/2023
0.44
8.6% BHARTI TELECOM LTD.(^)**
0.37
7.88% Kotak Mahindra Prime Ltd.**
0.37
7.4% MUTHOOT FINANCE LTD.**
0.37
5.85% BHARTI TELECOM LTD.**
0.37
HDFC Credila Financial Services Pvt Ltd**
0.37
AXIS BANK LTD.
0.36
Bahadur Chand Investments Private Limited**
0.36
SMFG INDIA CREDIT CO. LTD.**
0.36
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LTD.**
0.18
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA**
0.18
AXIS BANK LTD.**
0.18
HDFC BANK LTD.**
0.18
7.6% Poonawalla Fincorp Limited**
0.07
TATA MOTORS FINANCE SOLUTIONS LTD.**
0.05
TATA MOTORS FINANCE SOLUTIONS LTD.**
0.02
182 DAYS TREASURY BILL 07/09/2023
0.01

Sector Holding%
Miscellaneous
45.28

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

Most Recent Dividend

Dividend Details

Record Date Dividend (%)
13/12/2022
0.81
13/09/2022
0.79
17/08/2022
0.67
13/07/2022
0.75
14/06/2022
0.71
13/05/2022
0.09
13/04/2022
0.63
15/03/2022
0.37
15/02/2022
0.59
13/01/2022
0.52
14/12/2021
0.51
15/11/2021
0.45
13/10/2021
0.37
13/03/2018
0.09
15/09/2015
0.66
13/08/2015
0.83
14/07/2015
0.73
15/06/2015
0.82
13/05/2015
1.50
13/03/2015
0.81
13/02/2015
0.67
13/01/2015
0.63
15/12/2014
1.40
13/06/2014
0.81
13/05/2014
0.73
16/04/2014
0.95
13/03/2014
0.67
13/02/2014
0.67
15/01/2014
0.75
13/12/2013
0.91
13/11/2013
0.69
15/10/2013
0.86
13/09/2013
0.67
15/07/2013
0.68
13/06/2013
0.69
14/05/2013
0.86
15/04/2013
1.04
13/03/2013
0.69
13/02/2013
0.60
15/01/2013
0.35

Holding Type Holding %
CARE A1+
10.66
CARE AA-
0.74
Cash
1.83
CRISIL A1+
30.74
CRISIL AA+
2.99
CRISIL AAA
7.60
FITCH A1+
6.94
FITCH AAA
2.59
ICRA A1+
11.00
ICRA AA+
2.96
ICRA AAA
1.84
SOV
20.03

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 ₹13,487.47 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 down ₹-0.01(-0.04%)yesterday to ₹17.0203.

Among its top 3 holdings the fund has exposure to INDIAN 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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