| KOTAK CREDIT RISK FUND
An open ended debt scheme predominantly investing in AA and below rated corporate bonds (Excluding AA+ rated corporate bonds).
A relatively high interest rate risk and relatively high credit risk.
An open ended debt scheme predominantly investing in AA and below rated corporate bonds (Excluding AA+ rated corporate bonds).
A relatively high interest rate risk and relatively high credit risk.
| KOTAK CREDIT RISK FUND
An open ended debt scheme predominantly investing in AA and below rated corporate bonds (Excluding AA+ rated corporate bonds).
A relatively high interest rate risk and relatively high credit risk.
(as on February 28, 2025)
*in case of semi annual YTM, it will be annualized.
Source: $ICRA MFI Explorer.
This product is suitable for investors who are seeking*:
**Total Expense Ratio includes applicable B30 fee and GST.
* For Fund Manager experience, please refer 'For Regular Plan' & 'For Direct Plan'
For last three IDCW, please refer 'Dividend History'.
For scheme performance, please refer 'For Regular Plan' & 'For Direct Plan'
An open ended debt scheme predominantly investing in AA and below rated corporate bonds (Excluding AA+ rated corporate bonds).
A relatively high interest rate risk and relatively high credit risk.
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Investment Objective
The investment objective of the scheme is to generate income by investing in debt /and money market securities
across the yield curve and predominantly in AA rated and below corporate securities. The scheme would also seek to maintain reasonable
liquidity within the fund. There is no assurance that the investment objective of the Schemes will be realised.
The investment objective of the scheme is to generate income by investing in debt /and money market securities
across the yield curve and predominantly in AA rated and below corporate securities. The scheme would also seek to maintain reasonable
liquidity within the fund. There is no assurance that the investment objective of the Schemes will be realised.
| Issuer/Instrument | Rating | % to Net Assets |
|---|---|---|
| Debt Instruments | ||
| Debentures and Bonds | ||
| Government Dated Securities | ||
| 7.18% Central Government | SOV | 9.66 |
| 7.10% Central Government | SOV | 1.78 |
| Government Dated Securities - Total | 11.44 | |
| Public Sector Undertakings | ||
| U P Power Corporation Ltd ( Guaranteed By UP State Government ) | CRISIL A+(CE) | 3.55 |
| NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT | CRISIL AAA | 3.43 |
| THDC India Ltd. (THDCIL) | CARE AA | 1.37 |
| Public Sector Undertakings - Total | 8.35 | |
| Corporate Debt/Financial Institutions | ||
| GODREJ INDUSTRIES LTD | ICRA AA+ | 6.90 |
| TATA PROJECTS LTD. | CRISIL AA | 6.85 |
| BAMBOO HOTEL AND GLOBAL CENTRE (DELHI) PRIVATE LTD | ICRA A+(CE) | 6.84 |
| VEDANTA LTD. | ICRA AA | 6.83 |
| ADITYA BIRLA REAL ESTATE LTD (^) | CRISIL AA | 6.42 |
| AADHAR HOUSING FINANCE LIMITED | ICRA AA | 5.51 |
| INDOSTAR CAPITAL FINANCE LIMITED | CRISIL AA- | 5.50 |
| ADITYA BIRLA RENEWABLES LIMITED | CRISIL AA | 5.50 |
| AU SMALL FINANCE BANK LTD. | CRISIL AA | 4.14 |
| PTC VAJRA TRUST (SERIES A1) 20/02/2029 (MAT 20/02/2027)(VAJRA TRUST) | ICRA AAA(SO) | 4.05 |
| PRESTIGE PROJECTS PVT. LTD | ICRA A | 2.76 |
| TATA PROJECTS LTD. | FITCH AA | 2.60 |
| PTC SANSAR TRUST (SERIES A1) 25/06/2030 ( MAT 31/08/2027)(SANSAR TRUST) | CRISIL AAA(SO) | 1.80 |
| Nirma Ltd. | CRISIL AA | 0.69 |
| PTC DHRUVA TRUST (SERIES A1) 24/03/2030 (MAT 24/10/2029)(DHRUVA TRUST) | ICRA AAA(SO) | 0.61 |
| Corporate Debt/Financial Institutions - Total | 67.00 | |
| Triparty Repo | 1.51 | |
| Alternative Investment Fund | ||
| CORPORATE DEBT MARKET DEVELOPMENT FUND - CLASS A2 | Alternative Investment Fund | 0.53 |
| Alternative Investment Fund - Total | 0.53 | |
| Real Estate & Infrastructure Investment Trusts | ||
| Embassy Office Parks REIT | Realty | 3.84 |
| INDUS INFRA TRUST | Transport Infrastructure | 3.36 |
| BROOKFIELD INDIA REAL ESTATE TRUST | Realty | 2.26 |
| Real Estate & Infrastructure Investment Trusts - Total | 9.46 | |
| Net Current Assets/(Liabilities) | 1.71 | |
| Grand Total | 100.00 | |
| Monthly SIP of (₹) 10000 | Since Inception | 10 years | 7 years | 5 years | 3 years | 1 year |
| Total amount invested (₹) | 17,80,000 | 12,00,000 | 8,40,000 | 6,00,000 | 3,60,000 | 1,20,000 |
| Total Value as on February 28, 2025 (₹) | 30,31,172 | 16,37,769 | 10,30,199 | 6,92,221 | 3,97,529 | 1,23,875 |
| Scheme Returns (%) | 6.83 | 6.06 | 5.75 | 5.67 | 6.56 | 6.11 |
| CRISIL Credit Risk Debt B-II Index Returns (%) | 8.36 | 7.84 | 7.70 | 7.40 | 7.95 | 8.06 |
| Alpha* | -1.54 | -1.77 | -1.96 | -1.74 | -1.38 | -1.95 |
| CRISIL Credit Risk Debt B-II Index (₹)# | 34,35,419 | 17,97,019 | 11,04,551 | 7,23,011 | 4,05,759 | 1,25,099 |
| CRISIL 10 Year Gilt Index (₹)^ | 29,76,811 | 16,58,624 | 10,54,917 | 7,03,862 | 4,08,633 | 1,25,600 |
| CRISIL 10 Year Gilt Index (%) | 6.61 | 6.31 | 6.41 | 6.33 | 8.43 | 8.86 |
Scheme Inception : - May 11, 2010. The returns are calculated by XIRR approach assuming investment of `10,000/- 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. The SIP performance details provided herein are of Regular Plan - Growth Option Different plans have different expense structure. # Benchmark; ^
Additional Benchmark. Alpha is difference of scheme return with benchmark return. *All payouts during the period have been reinvested in the units of the scheme at the then prevailing NAV.
Source: ICRA MFI Explorer.
Net Asset Value (NAV)
| Regular | Direct | |
| Growth | Rs28.4382 | Rs31.8901 |
| Annual IDCW | Rs12.3674 | Rs23.9525 |
Available Plans/Options
A) Regular Plan B) Direct Plan
Options: Payout of IDCW, Reinvestment of
IDCW & Growth (applicable for all plans)
| Fund Manager* | Mr. Deepak Agrawal, Mr. Sunit Garg |
| Benchmark*** | CRISIL Credit Risk Debt B-II Index |
| Allotment date | May 11, 2010 |
| AAUM | Rs730.76 crs |
| AUM | Rs728.07 crs |
| Folio count | 6,602 |
IDCW Frequency
At discretion of trustees
Debt Quant & Ratios
| Average Maturity | 2.97 yrs |
| Modified Duration | 2.36 yrs |
| Macaulay Duration | 2.50 yrs |
| Annualised YTM* | 8.77% |
| $Standard Deviation | 1.46% |
Source: $ICRA MFI Explorer.
Minimum Investment Amount
Initial & Additional Investment
• Rs100 and any amount thereafter
Systematic Investment Plan (SIP)
• Rs 100 and any amount thereafter
Ideal Investments Horizon
• 2-3 years & above
Load Structure
Entry Load: Nil. (applicable for all plans)
Exit Load:a) For redemption / switch out
of upto 6% of the initial investment
amount (limit) purchased or switched in
within 1 year from the date of allotment:
Nil.
b) If units redeemed or switched out are in
excess of the limit within 1 year from the
date of allotment: 1%
c) If units are redeemed or switched out on
or after 1 year from the date of allotment:
NIL
Total Expense Ratio**
| Regular Plan: | 1.71% |
| Direct Plan: | 0.79% |
Data as on 28th February, 2025 unless
otherwise specified.
Folio Count data as on 31st January 2025.
Folio Count data as on 31st January 2025.
Fund
Benchmark: CRISIL Credit Risk Debt B-II Index
This product is suitable for investors who are seeking*:
- Income over a medium term investment horizon
- Investment predominantly in in AA and below rated corporate bonds (Excluding AA+ rated corporate bonds)
* Investors should consult their financial advisors if in doubt about whether the product is suitable for them.
The above risk-o—meter is based on the scheme portfolio as on 31st January, 2025. An addendum may be issued or updated on the website for new riskometer.
**Total Expense Ratio includes applicable B30 fee and GST.
* For Fund Manager experience, please refer 'For Regular Plan' & 'For Direct Plan'
For last three IDCW, please refer 'Dividend History'.
For scheme performance, please refer 'For Regular Plan' & 'For Direct Plan'