| KOTAK NIFTY SDL APR 2027 TOP 12 EQUAL WEIGHT INDEX FUND
An open-ended Target Maturity Index Fund investing in constituents of Nifty SDL Apr 2027 Top 12 Equal Weight Index. A relatively high interest rate risk and relatively low credit risk
An open-ended Target Maturity Index Fund investing in constituents of Nifty SDL Apr 2027 Top 12 Equal Weight Index. A relatively high interest rate risk and relatively low credit risk
| KOTAK NIFTY SDL APR 2027 TOP 12 EQUAL WEIGHT INDEX FUND
An open-ended Target Maturity Index Fund investing in constituents of Nifty SDL Apr 2027 Top 12 Equal Weight Index. A relatively high interest rate risk and relatively low credit risk
An open-ended Target Maturity Index Fund investing in constituents of Nifty SDL Apr 2027 Top 12 Equal Weight Index. A relatively high interest rate risk and relatively low credit risk
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Investment Objective
The investment objective of the scheme is to
track the Nifty SDL Apr 2027 Top 12 Equal
Weight Index by investing in SDLs, maturing on or before Apr 2027, subject to tracking errors.
However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.
However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.
The investment objective of the scheme is to
track the Nifty SDL Apr 2027 Top 12 Equal
Weight Index by investing in SDLs, maturing on or before Apr 2027, subject to tracking errors.
However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.
However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.
| Issuer/Instrument | Industry/ Rating |
% to Net Assets |
|---|---|---|
| Government Dated Securities | ||
| 7.59% Karnataka State Govt-Karnataka | SOV | 9.24 |
| 7.57% Gujarat State Govt-Gujarat | SOV | 5.76 |
| 7.86% Karnataka State Govt-Karnataka | SOV | 5.20 |
| 7.78% West Bengal State Govt-West Bengal | SOV | 4.21 |
| 7.62% Tamil Nadu State Govt-Tamil Nadu | SOV | 3.82 |
| 7.64% Haryana State Govt-Haryana | SOV | 3.22 |
| 7.71% Gujarat State Govt-Gujarat | SOV | 2.99 |
| 7.64% West Bengal State Govt-West Bengal | SOV | 2.94 |
| 7.61% Rajasthan State Govt-Rajasthan | SOV | 2.89 |
| 6.58% Gujarat State Govt-Gujarat | SOV | 2.79 |
| 7.74% Tamil Nadu State Govt-Tamil Nadu | SOV | 2.54 |
| 7.85% Tamil Nadu State Govt-Tamil Nadu | SOV | 2.54 |
| 7.75% Karnataka State Govt-Karnataka | SOV | 2.53 |
| 7.20% Tamil Nadu State Govt-Tamil Nadu | SOV | 2.51 |
| 7.87% Uttar Pradesh State Govt-Uttar Pradesh | SOV | 2.42 |
| 6.72% Kerala State Govt-Kerala | SOV | 2.26 |
| 7.61% Tamil Nadu State Govt-Tamil Nadu | SOV | 2.24 |
| 7.28% Haryana State Govt-Haryana | SOV | 2.03 |
| 8.31% Rajasthan State Govt-Rajasthan | SOV | 2.00 |
| 7.73% Rajasthan State Govt-Rajasthan | SOV | 1.96 |
| 7.10% Bihar State Govt-Bihar | SOV | 1.93 |
| 7.39% Tamil Nadu State Govt-Tamil Nadu | SOV | 1.85 |
| 7.60% Madhya Pradesh State Govt-Madhya Pradesh | SOV | 1.49 |
| 7.42% Andhra Pradesh State Govt-Andhra Pradesh | SOV | 1.39 |
| 7.38% Kerala State Govt-Kerala | SOV | 1.39 |
| 7.16% Tamil Nadu State Govt-Tamil Nadu | SOV | 1.38 |
| 7.22% Maharashtra State Govt-Maharashtra | SOV | 1.38 |
| 7.23% Madhya Pradesh State Govt-Madhya Pradesh | SOV | 1.38 |
| 7.15% Kerala State Govt-Kerala | SOV | 1.34 |
| 6.54% Maharashtra State Govt-Maharashtra | SOV | 1.33 |
| 7.76% Madhya Pradesh State Govt-Madhya Pradesh | SOV | 1.22 |
| 7.89% Haryana State Govt-Haryana | SOV | 1.22 |
| 7.62% Andhra Pradesh State Govt-Andhra Pradesh | SOV | 1.21 |
| 7.59% Haryana State Govt-Haryana | SOV | 1.21 |
| 7.14% Andhra Pradesh State Govt-Andhra Pradesh | SOV | 1.16 |
| 7.62% Uttar Pradesh State Govt-Uttar Pradesh | SOV | 0.93 |
| 7.59% Bihar State Govt-Bihar | SOV | 0.93 |
| 7.63% West Bengal State Govt | SOV | 0.84 |
| 7.64% Uttar Pradesh State Govt-Uttar Pradesh | SOV | 0.78 |
| 7.80% Haryana State Govt-Haryana | SOV | 0.66 |
| 7.80% Kerala State Govt-Kerala | SOV | 0.66 |
| 7.78% Bihar State Govt-Bihar | SOV | 0.64 |
| 7.92% West Bengal State Govt-West Bengal | SOV | 0.59 |
| 7.15% Karnataka State Govt-Karnataka | SOV | 0.56 |
| 7.77% Kerala State Govt-Kerala | SOV | 0.47 |
| 7.39% Maharashtra State Govt-Maharashtra | SOV | 0.46 |
| 6.48% Rajasthan State Govt-Rajasthan | SOV | 0.36 |
| 7.25% Maharashtra State Govt-Maharashtra | SOV | 0.28 |
| 7.4% Madhya Pradesh State Govt-Madhya Pradesh | SOV | 0.28 |
| 7.59% Gujarat State Govt-Gujarat | SOV | 0.28 |
| 7.15% Rajasthan State Govt-Rajasthan | SOV | 0.28 |
| 7.85% Rajasthan State Govt-Rajasthan | SOV | 0.19 |
| 7.85% Bihar State Govt-Bihar | SOV | 0.19 |
| 6.90% Andhra Pradesh State Govt-Andhra Pradesh | SOV | 0.18 |
| 7.16% West Bengal State Govt | SOV | 0.18 |
| 7.12% Bihar State Govt-Bihar | SOV | 0.18 |
| 7.64% Kerala State Govt-Kerala | SOV | 0.13 |
| 7.67% Uttar Pradesh State Govt-Uttar Pradesh | SOV | 0.09 |
| 7.20% Uttar Pradesh State Govt-Uttar Pradesh | SOV | 0.09 |
| Government Dated Securities - Total | 97.20 | |
| Net Current Assets/(Liabilities) | 2.80 | |
| Grand Total | 100.00 | |
NAV
| Regular-Growth | Rs10.16 |
| Regular-Growth-Direct | Rs10.1744 |
| Regular-Plan-IDCW | Rs10.1606 |
| Direct-Plan-IDCW | Rs10.1746 |
Available Plans/Options
Regular & Direct Plan
Options: Payout of IDCW, Reinvestment of
IDCW & Growth (applicable for all plans)
| Fund Manager* | Mr. Abhishek Bisen |
| Benchmark | Nifty SDL Apr 2027 Top 12 Equal Weight Index |
| Allotment date | February 11, 2022 |
| AAUM | Rs5,175.71 crs |
| AUM | Rs5,407.01 crs |
| Folio count | 3,470 |
Ratios
| Portfolio Average Maturity | 4.01 yrs |
| IRS Average Maturity* | - |
| Net Average Maturity | 4.01 yrs |
| Portfolio Modified Duration | 3.33 yrs |
| IRS Modified Duration* | - |
| Net Modified Duration | 3.33 yrs |
| Portfolio Macaulay Duration | 3.45 yrs |
| IRS Macaulay Duration* | - |
| Net Macaulay Duration | 3.45 yrs |
| Annualised YTM* | 7.48% |
*in case of semi annual YTM, it will be annualized.
Minimum Investment Amount
Initial Investment: Rs5000 and in multiple
of Rs1 for purchase and for Rs0.01 for
switches
Additional Investment: Rs1000 & in multiples
of Rs1 for purchase and for Rs0.01 for
switches
Ideal Investments Horizon: 1 year and Above
Load Structure
Entry Load: Nil. (applicable for all plans)
Exit Load: For redemption / switch-out of
units on or before 30 days from the date of
allotment: 0.15% of applicable NAV. For
redemption / switch-out of units after 30
days from the date of allotment – Nil. Any
exit load charged (net off Goods and Services
tax, if any) shall be credited back to the
Scheme. Units issued on reinvestment of
IDCW shall not be subject to entry and exit
load.
Total Expense Ratio**
Regular: 0.30%; Direct: 0.14%
Data as on December 31, 2022
Fund
Benchmark
This product is suitable for investors who are seeking*:
- Income over Target Maturity Periods
- Target Maturity Index Fund tracking Nifty SDL Apr 2027 Top 12 Equal weight Index
* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
**Total Expense Ratio includes applicable B30 fee and GST
* For Fund Manager experience, please refer 'Our Fund Managers'
For scheme performance, please refer 'Scheme Performances'