- The investment objective of Kotak Bond is to create a portfolio of debt and money market instruments of different maturities so as to spread the risk across a wide maturity horizon and different kinds of issuers in the debt market.
- The scheme offers a play on interest rates by managing duration actively. Duration is increased if the view is that of falling interest rates and vice versa.
- The scheme also seeks to provide stable returns in the long term by managing credit risk actively.
- The portfolio is well diversified with a mix of good credit quality debentures, bonds and government securities. It is suitable for investors who seek the high accrual offered by long term papers, have a view on interest rates and have a long term investment horizon.
|Tenors||CAGR||Current Value of ₹ 10,000 invested|
|Since Inception||5Y||3Y||1Y||Since Inception||5Y||3Y||1Y|
|Kotak Bond Fund - Direct (G)||7.63%||6.16%||6.63%||1.46%||20,081.61||13,481.86||12,122.83||10,145.87|
|NIFTY Medium to Long Duration Debt Index B-III||8.00%||6.49%||7.89%||2.83%||20,739.14||13,696.15||12,559.56||10,283.10|
|Crisil 10-year Gilt Index||6.05%||4.09%||3.68%||-3.78%||17,455.74||12,216.56||11,145.72||9,621.92|
|NIFTY Medium to Long Duration Debt Index||7.60%||6.29%||6.54%||0.69%||20,031.41||13,564.74||12,091.71||10,068.59|
For performance in SEBI format please refer performance section.
Scheme Inception date is 25/11/1999 for Regular Plan & 01/01/2013 for Direct Plan. Mr. Abhishek Bisen has been managing the fund since 01/04/2008. Different plans have different expense structure. Past performance may or may not be sustained in future. All payouts during the period have been reinvested in the units of the scheme at the then prevailing NAV. Returns >= 1 year: CAGR (Compounded Annualized Growth Rate). N.A stands for data not available. Note: Point to Point (PTP) Returns in INR shows the value of investment made at inception.. Source: ICRA MFI Explorer. With Effect from 1st June 2018, the Benchmark is changed to Nifty Medium to Long Duration Debt Index from Crisil Composite Bond Fund Index. The above performance is benchmarked to Nifty Medium to Long Duration Debt Index. Kotak Mahindra Bond Unit Scheme 99 is renamed as Kotak Bond with effect from 1st June 2018. The performance of the scheme is benchmarked to the Total Return variant (TRI) of the Benchmark. Read More Read Less
|Trailing Returns||Since Inception||10Y||7Y||5Y||3Y||1Y||6M||3M||1M||1W||1 Day||YTD|
|Kotak Bond Fund - Direct (G)||7.63||-||7.54%||6.16%||6.63%||1.46%||-1.34%||-1.58%||-0.29%||0.46%||-0.07%||-1.92%|
|NIFTY Medium to Long Duration Debt Index B-III||8.00||8.16%||7.50%||6.49%||7.89%||2.83%||-0.29%||-1.24%||0.96%||1.19%||-||-1.41%|
|Alpha (Tier 1)||-0.37||-||0.04%||-0.34%||-1.27%||-1.37%||-1.05%||-0.34%||-1.25%||-0.73%||-0.07%||-0.51%|
|Crisil 10-year Gilt Index||6.05||6.27%||5.98%||4.09%||3.68%||-3.78%||-3.28%||-2.25%||0.19%||1.07%||-||-2.47%|
|Alpha (Tier 2)||1.58||-||1.57%||2.07%||2.95%||5.24%||1.94%||0.67%||-0.48%||-0.60%||-0.07%||0.55%|
|NIFTY Medium to Long Duration Debt Index||7.60||7.80%||7.36%||6.29%||6.54%||0.69%||-1.81%||-2.16%||0.10%||0.75%||-||-2.35%|
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As on 24 Jun, 2022
NAV Movement Download
Nav movement shows Nav and Index price of Kotak Bond Fund since inception. The Scrollbar at the bottom allows user to select range in which he wishes to view the plot. For the purpose of NAV date applicability, if the investment date happens to be a non-business day, next business day's NAV is applied. Investment on inception date can happen on a non-business day.
let's calculate your dividend
since inception, you would have earned ₹ - as Dividend and your current value of investment ₹ 2,00,816
Past performance may or may not be sustained in future. Pursuant to payment of dividend, the NAV of the scheme will fall to the extent of payout and statutory levy (if applicable).
The dividend rates could be inclusive of statutory levy, if any. The dividend received by investors will be net of statutory levy (as applicable).
Dividends declared from benchmark's constituents isn't taken into account when comparing with investment in scheme's dividend plans.
Source: *ICRA MFI Explorer ## Risk rate assumed to be % (FBIL Overnight MIBOR rate as on ) **Total Expense Ratio includes applicable B30 fee and GST.
Source: *ICRA MFI Explorer
## Risk rate assumed to be %
(FBIL Overnight MIBOR rate as on )
**Total Expense Ratio includes applicable B30 fee and GST.