| KOTAK DEBT HYBRID FUND
An open-ended hybrid scheme investing predominantly in debt instruments
| KOTAK DEBT HYBRID FUND
An open-ended hybrid scheme investing predominantly in debt instruments

  

  
Investment Objective
The investment objective of the scheme is to enhance returns over a portfolio of debt instruments with a moderate exposure in equity and equity related instruments. By investing in debt securities, the scheme will aim at generating regular returns, while enhancement of return is intended through investing in equity and equity related securities. The scheme may also use various derivative and hedging products from time to time, in the manner permitted by SEBI. There is no assurance that the investment objective of the schemes will be realised.

The investment objective of the scheme is to enhance returns over a portfolio of debt instruments with a moderate exposure in equity and equity related instruments. By investing in debt securities, the scheme will aim at generating regular returns, while enhancement of return is intended through investing in equity and equity related securities. The scheme may also use various derivative and hedging products from time to time, in the manner permitted by SEBI. There is no assurance that the investment objective of the schemes will be realised.


Issuer/Instrument Industry/
Rating		 % to Net
Assets

Equity & Equity related
Banks 5.76
HDFC Bank Ltd. 1.65
Bank Of Baroda 0.96
Axis Bank Ltd. 0.75
State Bank Of India 0.68
ICICI Bank Ltd. 0.51
The South Indian Bank Ltd. 0.47
IndusInd Bank Ltd. 0.39
Indian Bank 0.35
Diversified FMCG 2.90
ITC Ltd. 2.38
Hindustan Unilever Ltd. 0.52
Automobiles 2.15
Maruti Suzuki India Limited 1.56
Hero MotoCorp Ltd. 0.59
Petroleum Products 1.88
RELIANCE INDUSTRIES LTD. 1.42
Hindustan Petroleum Corporation Ltd 0.46
Finance 1.57
Power Finance Corporation Ltd. 0.75
Aavas Financiers Ltd. 0.44
Mahindra & Mahindra Financial Services Ltd. 0.21
Shriram Finance Ltd. 0.17
Consumer Durables 1.14
Kansai Nerolac Paints Ltd 0.37
Century Plyboards (India) Ltd. 0.33
Pokarna Ltd. 0.27
Bata India Ltd. 0.17
IT - Software 1.04
LTIMindtree Limited 0.43
Persistent Systems Limited 0.42
Infosys Ltd. 0.19
Power 0.84
National Thermal Power Corporation Limited 0.84
Gas 0.81
GAIL (India) Ltd. 0.81
Personal Products 0.64
Emami Ltd. 0.37
Godrej Consumer Products Ltd. 0.27
Telecom - Services 0.61
Bharti Airtel Ltd 0.58
Bharti Airtel Ltd - Partly Paid Shares 0.03
Food Products 0.59
Prataap Snacks Ltd 0.59
Insurance 0.50
Max Financial Services Ltd. 0.50
Beverages 0.48
United Spirits Ltd. 0.26
United Breweries Ltd. 0.22
Entertainment 0.36
Zee Entertainment Enterprises Ltd 0.36
Auto Components 0.35
Subros Ltd. 0.35
Leisure Services 0.35
Jubilant Foodworks Limited 0.20
Barbeque Nation Hospitality Ltd. 0.15
Healthcare Services 0.32
Fortis Healthcare India Ltd 0.32
Construction 0.31
PNC Infratech Ltd 0.17
KNR Constructions Ltd. 0.14
Industrial Products 0.29
Ksb Ltd 0.29
Realty 0.27
Mahindra Lifespace Developers Ltd 0.27
Cement and Cement Products 0.20
Ultratech Cement Ltd. 0.13
JK Cement Ltd. 0.07
IT - Services 0.20
Firstsource Solutions Ltd. 0.20
Pharmaceuticals and Biotechnology 0.06
Zydus Lifesciences Limited 0.06
Equity & Equity related - Total 23.62
Debt Instruments
Debentures and Bonds
Government Dated Securities
7.42% Central Government(^) SOV 15.28
7.38% Central Government SOV 15.16
7.10% Central Government(^) SOV 8.64
7.41% Central Government SOV 4.21
7.69% Central Government SOV 3.90
7.01% Central Government SOV 1.79
GS CG 22 Aug 2028 - (STRIPS) SOV 1.00
7.95% Central Government SOV 0.61
7.62% Haryana State Govt-Haryana SOV 0.60
GS CG 17 Jun 2027 - (STRIPS) SOV 0.38
8.27% Rajasthan State Govt-Rajasthan SOV 0.30
7.65% Madhya Pradesh State Govt-Madhya Pradesh SOV 0.30
5.74% Central Government SOV 0.29
6.57% Andhra Pradesh State Govt-Andhra Pradesh SOV 0.28
8.42% Tamil Nadu State Govt-Tamil Nadu SOV 0.21
GS CG 22 Aug 2029 - (STRIPS) SOV 0.18
7.84% Maharashtra State Govt-Maharashtra SOV 0.18
7.96% Punjab State Govt-Punjab SOV 0.18
GS CG 22 Aug 2030 - (STRIPS) SOV 0.16
9.15% Central Government SOV 0.12
8.05% Tamil Nadu State Govt-Tamil Nadu SOV 0.12
GS CG 22 Aug 2026 - (STRIPS) SOV 0.08
GS CG 22 Feb 2029 - (STRIPS) SOV 0.07
GS CG 22 Feb 2028 - (STRIPS) SOV 0.07
GS CG 23/12/2025 - (STRIPS) SOV 0.05
GS CG 22 Feb 2027 - (STRIPS) SOV 0.05
Government Dated Securities - Total 54.21
Public Sector Undertakings
National Bank for Agriculture & Rural Development CRISIL AAA 5.85
Small Industries Development Bank Of India ICRA AAA 2.40
Power Finance Corporation Ltd. CRISIL AAA 1.67
State Bank Of India.(Basel III TIER II Bonds) CRISIL AAA 1.52
U P Power Corporation Ltd ( Guaranteed By UP State Government ) CRISIL A+(CE) 1.18
Rural Electrification Corporation Ltd. CRISIL AAA 0.37
Power Finance Corporation Ltd. CRISIL AAA 0.29
Indian Railway Finance Corporation Ltd. CRISIL AAA 0.25
Power Grid Corporation of India Ltd. CRISIL AAA 0.11
Public Sector Undertakings - Total 13.64
Corporate Debt/Financial Institutions
HDFC Ltd. CRISIL AAA 3.01
Bharti Telecom Ltd. CRISIL AA+ 1.51
Embassy Office Parks REIT CRISIL AAA 1.47
Corporate Debt/Financial Institutions - Total 5.99
Triparty Repo 1.03
Net Current Assets/(Liabilities) 1.51
Grand Total 100.00



Systematic Investment Plan (SIP) If you had invested Rs 10,000 every month
Monthly SIP of (Rs) 10000 Since Inception 10 years 7 years 5 years 3 years 1 year
Total amount invested (Rs) 23,10,000 12,00,000 8,40,000 6,00,000 3,60,000 1,20,000
Total Value as on Feb 28, 2023 (Rs) 55,86,776 19,04,786 11,40,935 7,53,590 4,06,506 1,22,553
Scheme Returns (%) 8.44 8.95 8.62 9.07 8.08 4.01
CRISIL Hybrid 85+15 - Conservative Index Returns (%) 8.41 8.27 7.57 7.24 5.39 3.98
Alpha 0.03 0.68 1.05 1.83 2.69 0.03
CRISIL Hybrid 85+15 - Conservative Index (Rs)# 55,67,608 18,38,253 10,99,097 7,19,957 3,90,600 1,22,535
CRISIL 10 Year Gilt Index (Rs)^ 42,51,579 15,91,244 9,85,445 6,64,191 3,70,009 1,22,609
CRISIL 10 Year Gilt Index Returns (%) 5.95 5.51 4.50 4.02 1.80 4.10

Scheme Inception : - December 02, 2003. The returns are calculated by XIRR approach assuming investment of Rs10,000/- on the 1st working day of every month. XIRR helps in calculating return on investments given an initial and final value and a series of cash inflows and outflows and taking the time of investment into consideration. Since inception returns are assumed to be starting from the beginning of the subsequent month from the date of inception. # Benchmark ; ^ Additional Benchmark.
Alpha is difference of scheme return with benchmark return.

NAV
Growth optionRs44.3098
Direct Growth optionRs49.666
Monthly-Reg-Plan-IDCW Rs11.9807
Monthly-Dir-Plan-IDCW Rs12.8531

Available Plans/Options

A) Regular Plan B) Direct Plan
Options: Payout of IDCW, Reinvestment of IDCW & Growth (applicable for all plans)


Fund Manager* Mr. Devender Singhal,
Mr. Abhishek Bisen &
Mr. Vihag Mishra
(Dedicated fund manager for investments in foreign securities)
BenchmarkCRISIL Hybrid 85+15 - Conservative Index
Allotment dateDecember 02, 2003
AAUMRs1,653.86 crs
AUMRs1,650.86 crs
Folio count27,803

IDCW Frequency

Monthly (12th of every Month)


Ratios
Portfolio Average Maturity6.39 yrs
IRS Average Maturity* 0.29 yrs
Net Average Maturity 6.68 yrs
Portfolio Modified Duration2.81 yrs
IRS Modified Duration* 0.24 yrs
Net Modified Duration 3.05 yrs
Portfolio Macaulay Duration2.94 yrs
IRS Macaulay Duration* 0.25 yrs
Net Macaulay Duration 3.19 yrs
Annualised YTM* 7.91%
$Standard Deviation4.73%
*Interest Rate Swap
*in case of semi annual YTM, it will be annualized.
Source: $ICRAMFI Explorer.
Standard Deviation is calculated on Annualised basis using 3 years history of monthly returns.

Minimum Investment Amount

Initial Investment: (i) Reinvestment of IDCW & Growth and Payout of IDCW (Quarterly) - Rs5000 & above (ii) Payout of IDCW (Monthly) - Rs50,000 & above Additional Investment: Rs1000 & in multiples of Rs1
Ideal Investments Horizon - 3 year & above


Load Structure

Entry Load: Nil. (applicable for all plans)
Exit Load: a) For redemption / switch out of upto 8% of the initial investment amount (limit) purchased or switched in within 6 months from the date of allotment: Nil.
b) If units redeemed or switched out are in excess of the limit within 6 months from the date of allotment: 1%
c) If units are redeemed or switched out after 6 months from the date of allotment: NIL


Total Expense Ratio**

Regular: 1.81%; Direct:0.44%


Data as on February 28, 2023


Fund



Benchmark


This product is suitable for investors who are seeking*:
  • Income & capital growth over a long term horizon
  • Investment in a portfolio of debt instruments with a moderate exposure in equity & equity related instruments

* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

The above risk-o—meter is based on the scheme portfolio as on 28th February, 2023. An addendum may be issued or updated on the website for new riskometer

(^) Fully or Party blocked against Interest Rate Swap (IRS) Hedging Position through Interest Rate Swaps as on 28 Feb 2023 is 4.47% of the net assets.
##Risk rate assumed to be 6.70% (FBIL Overnight MIBOR rate as on 28th February 2023).**Total Expense Ratio includes applicable B30 fee and GST.
* For Fund Manager experience, please refer 'Our Fund Managers'
For last three IDCW, please refer 'Dividend History'.
For scheme performance, please refer 'Scheme Performances'