Kotak Savings Fund - IDCW - Direct Plan

Item: Kotak Savings Fund - IDCW - Direct Plan
Rating: 2
Author: PersonalFN

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₹17.2342 0.02 %Nav, as on 08-12-2023
Previous Nav
₹ 17.2312
Net Change on 08-12-2023
₹0
PersonalFN Rating
Category
Debt - Ultra Short Duration Fund
Assets (Cr.)
₹ 12,471
Expense Ratio
0.36%
(As on Oct 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 (₹)
20.57
52 Week Low Nav Date
12-Dec-2022
52 Week High Nav (₹)
22.05
52 Week High Nav Date
08-Dec-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	6.27	6.31	7.27	5.15	6.06	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	7.27	5.15	6.06	0.36	12,471
ICICI Prudential Ultra Short Term Fund - Direct Plan - Monthly IDCW	Jan 07, 2013	7.42	5.61	6.02	0.39	13,529.87
ICICI Prudential Ultra Short Term Fund - Direct Plan - Quarterly IDCW	Jan 10, 2014	7.42	5.61	6.01	0.39	13,529.87
ICICI Prudential Ultra Short Term Fund - Direct Plan - Daily IDCW	Oct 25, 2018	7.42	5.61	6.04	0.39	13,529.87
ICICI Prudential Ultra Short Term Fund - Direct Plan - Weekly IDCW	Nov 13, 2018	7.42	5.61	6.06	0.39	13,529.87
Aditya Birla Sun Life Savings Fund-DIRECT - DAILY IDCW	Jan 01, 2013	7.39	5.38	5.83	0.34	13,397.30

Fund Holdings as on 30-November-2023

Company % Assets
CANARA BANK**
3.96
STATE BANK OF INDIA.**
3.88
Mahindra & Mahindra Financial Services Ltd.**
2.80
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA**
2.79
182 DAYS TREASURY BILL 14/03/2024
2.75
182 DAYS TREASURY BILL 21/03/2024
2.75
HDFC BANK LTD.**
2.74
INDUSIND BANK LTD.**
2.70
182 DAYS TREASURY BILL 29/02/2024
2.52
HDFC BANK LTD.**
2.47
8.35% Central Government - 2024
2.41
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA**
2.31
Triparty Repo
2.22
AXIS BANK LTD.**
2.17
STATE BANK OF INDIA.**
2.16
AXIS BANK LTD.**
2.12
182 DAYS TREASURY BILL 08/02/2024
1.98
FEDERAL BANK LTD.**
1.98
INDIAN BANK**
1.97
AXIS BANK LTD.**
1.96
ICICI BANK LTD.**
1.96
PUNJAB NATIONAL BANK**
1.77
Rural Electrification Corporation Ltd.**
1.68
INDIAN BANK**
1.58
Union Bank of India**
1.57
Central Government - 2024
1.52
8.3% Central Government - 2023
1.41
HDFC BANK LTD.**
1.40
Union Bank of India**
1.38
Tata Capital Housing Finance Ltd.**
1.36
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LTD.**
1.20
8.8% BHARTI TELECOM LTD.**
1.20
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LTD.**
1.20
7.85% INDINFRAVIT TRUST**
1.18
INDIAN BANK**
1.18
AXIS BANK LTD.**
1.18
NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT**
1.18
HDFC BANK LTD.**
1.17
HDFC BANK LTD.**
1.16
AXIS BANK LTD.**
1.13
7.77% EMBASSY OFFICE PARKS REIT**
1.00
364 DAYS TREASURY BILL 14/03/2024
0.98
Export-Import Bank of India**
0.98
PUNJAB & SIND BANK**
0.98
HDFC BANK LTD.**
0.97
SANSAR TRUST(SANSAR TRUST)**
0.90
6.42% BHARTI TELECOM LTD.(^)
0.82
SUNDARAM HOME FINANCE LTD**
0.80
7.75% TITAN COMPANY LTD.**
0.80
9.15% POONAWALLA HOUSING FINANCE LIMITED**
0.80
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LTD.**
0.80
7.72% LIC HOUSING FINANCE LTD.**
0.80
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA**
0.79
INDUSIND BANK LTD.**
0.79
BANK OF BARODA**
0.79
Rural Electrification Corporation Ltd.**
0.79
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LTD.**
0.79
364 DAYS TREASURY BILL 07/03/2024
0.79
AXIS BANK LTD.**
0.79
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA**
0.78
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA**
0.77
5.7% Bajaj Housing Finance Ltd.**
0.75
Net Current Assets/(Liabilities)
0.63
Tata Capital Housing Finance Ltd.**
0.55
8.6% BHARTI TELECOM LTD.**
0.40
7.88% Kotak Mahindra Prime Ltd.
0.40
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA**
0.40
SBI ALTERNATIVE INVESTMENT FUND
0.24
AXIS BANK LTD.**
0.20
6.87% MUTHOOT FINANCE LTD.
0.20
HDFC BANK LTD.**
0.20
8.43% PNB HOUSING FINANCE LTD.**
0.10
7.6% Poonawalla Fincorp Limited**
0.08
TATA MOTORS FINANCE LTD.**
0.05
TATA MOTORS FINANCE LTD.**
0.02

Sector Holding%
Miscellaneous
50.65

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+
10.28
CARE AA-
0.80
Cash
2.85
CRISIL A1+
32.89
CRISIL AA+
2.62
CRISIL AAA
9.25
FITCH A1+
7.23
FITCH AAA
2.80
ICRA A1+
7.73
ICRA AA
0.10
ICRA AA+
3.20
ICRA AAA
1.98
ICRA AAA(SO)
0.90
SOV
17.11
Unrated
0.24

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 ₹12,471 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(0.02%)yesterday to ₹17.2342.

Among its top 3 holdings the fund has exposure to CANARA 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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