| 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. However, there is no assurance that the objective of the scheme will be achieved.

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. However, there is no assurance that the objective of the scheme will be achieved.


Issuer/Instrument Rating % to Net
Assets

Equity & Equity related
Banks 4.48
HDFC Bank Ltd. 1.16
ICICI Bank Ltd. 0.95
State Bank Of India 0.82
Bank Of Baroda 0.66
Axis Bank Ltd. 0.59
INDIAN BANK 0.30
IT - Software 3.14
Infosys Ltd. 1.59
Tech Mahindra Ltd. 0.97
Mphasis Ltd 0.38
HEXAWARE TECHNOLOGIES LTD. 0.20
Automobiles 2.26
Maruti Suzuki India Limited 1.36
Hero MotoCorp Ltd. 0.90
Diversified FMCG 1.25
Hindustan Unilever Ltd. 0.96
ITC Ltd. 0.29
Finance 1.25
Power Finance Corporation Ltd. 0.87
POONAWALLA FINCORP LTD. 0.31
JIO FINANCIAL SERVICES LTD 0.07
Petroleum Products 1.24
HINDUSTAN PETROLEUM CORPORATION LTD 0.67
RELIANCE INDUSTRIES LTD. 0.57
Telecom - Services 1.23
Bharti Airtel Ltd 1.18
Bharti Airtel Ltd - Partly Paid Shares 0.05
Consumer Durables 0.88
Pokarna Ltd. 0.57
Century Plyboards (India) Ltd. 0.31
Power 0.85
NTPC LTD 0.85
Pharmaceuticals and Biotechnology 0.84
Cipla Ltd. 0.42
JB CHEMICALS & PHARMACEUTICALS LTD. 0.42
Gas 0.63
GAIL (India) Ltd. 0.63
Beverages 0.58
Radico Khaitan Ltd. 0.33
UNITED SPIRITS LTD. 0.25
Retailing 0.41
SWIGGY LTD 0.22
BRAINBEES SOLUTIONS LIMITED 0.19
Industrial Manufacturing 0.40
JYOTI CNC AUTOMATION LTD 0.26
DEE DEVELOPMENT ENGINEEERS LTD 0.08
JNK INDIA LIMITED 0.06
Auto Components 0.39
Subros Ltd. 0.39
Capital Markets 0.35
BSE LTD. 0.35
Cement and Cement Products 0.31
Ambuja Cements Ltd. 0.31
Insurance 0.24
LIFE INSURANCE CORPORATION OF INDIA LTD. 0.24
Agricultural, Commercial and Constr 0.23
V.S.T Tillers Tractors Ltd 0.23
Food Products 0.23
Britannia Industries Ltd. 0.23
Healthcare Services 0.17
Fortis Healthcare India Ltd 0.17
Leisure Services 0.16
Jubilant Foodworks Limited 0.16
Personal Products 0.10
Dabur India Ltd. 0.10
Realty 0.08
Mahindra Lifespace Developers Ltd 0.08
Equity & Equity related - Total 21.70
Debt Instruments
Debentures and Bonds
Government Dated Securities
7.30% Central Government(^) SOV 15.74
7.34% Central Government SOV 10.92
7.02% Central Government SOV 6.82
6.79% Central Government SOV 5.40
7.09% Central Government SOV 5.18
7.18% Central Government(^) SOV 3.72
7.32% Central Government(^) SOV 3.65
7.17% Central Government SOV 1.97
7.25% Central Government SOV 1.53
7.45% Maharashtra State Govt-Maharashtra SOV 1.38
GS CG 25/11/2035 - (STRIPS) SOV 0.50
7.95% Central Government SOV 0.34
GS CG 22/10/2032 - (STRIPS) SOV 0.31
GS CG 06/05/2038 - (STRIPS) SOV 0.28
7.65% Madhya Pradesh State Govt-Madhya Pradesh SOV 0.17
GS CG 22/04/2036 - (STRIPS) SOV 0.16
GS 5.63% CG 12/04/2026 - (STRIPS) SOV 0.16
6.57% Andhra Pradesh State Govt-Andhra Pradesh SOV 0.16
7.96% Punjab State Govt-Punjab SOV 0.10
7.84% Maharashtra State Govt-Maharashtra SOV 0.10
GS CG 25/05/2036 - (STRIPS) SOV 0.09
7.96% Maharashtra State Govt-Maharashtra SOV 0.09
GS CG 25/05/2038 - (STRIPS) SOV 0.08
GS CG 25/05/2037 - (STRIPS) SOV 0.08
GS CG 25/05/2040 - (STRIPS) SOV 0.07
8.05% Tamil Nadu State Govt-Tamil Nadu SOV 0.07
GS CG 25/11/2038 - (STRIPS) SOV 0.07
GS CG 25/11/2040 - (STRIPS) SOV 0.06
GS CG 25/05/2041 - (STRIPS) SOV 0.06
8.29% Andhra Pradesh State Govt-Andhra Pradesh SOV 0.06
GS CG 22 Aug 2026 - (STRIPS) SOV 0.05
7.98% Kerala State Govt-Kerala SOV 0.05
7.26% Central Government(^) SOV 0.04
GS CG 23/12/2025 - (STRIPS) SOV 0.03
GS CG 22 Feb 2027 - (STRIPS) SOV 0.03
Government Dated Securities - Total 59.52
Public Sector Undertakings
TELANGANA STATE INDUSTRIAL INFRASTRUCTURE CORPORATION LTD. FITCH AA(CE) 4.43
NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT CRISIL AAA 2.05
REC LTD CRISIL AAA 1.98
Power Finance Corporation Ltd. (^) CRISIL AAA 1.12
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA ICRA AAA 0.67
Power Finance Corporation Ltd. CRISIL AAA 0.39
INDIAN RAILWAY FINANCE CORPORATION LTD. CRISIL AAA 0.25
U P Power Corporation Ltd ( Guaranteed By UP State Government ) CRISIL A+(CE) 0.19
Power Grid Corporation of India Ltd. CRISIL AAA 0.19
Public Sector Undertakings - Total 11.27
Corporate Debt/Financial Institutions
BHARTI TELECOM LTD. CRISIL AA+ 4.22
LIC HOUSING FINANCE LTD. CRISIL AAA 0.17
Larsen and Toubro Ltd. CRISIL AAA 0.17
HDB Financial Services Ltd. CRISIL AAA 0.17
ADITYA BIRLA FINANCE LTD. ICRA AAA 0.17
Mahindra & Mahindra Financial Services Ltd. CRISIL AAA 0.02
Corporate Debt/Financial Institutions - Total 4.92
Triparty Repo 0.71
Alternative Investment Fund
CORPORATE DEBT MARKET DEVELOPMENT FUND - CLASS A2 Alternative Investment Fund 0.28
Alternative Investment Fund - Total 0.28
Real Estate & Infrastructure Investment Trusts
INDUS INFRA TRUST Transport Infrastructure 0.05
Real Estate & Infrastructure Investment Trusts - Total 0.05
Net Current Assets/(Liabilities) 1.55
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 (₹) 25,50,000 12,00,000 8,40,000 6,00,000 3,60,000 1,20,000
Total Value as on Feb 28, 2025 (₹) 72,04,801 19,56,962 11,95,666 7,64,134 4,11,093 1,19,773
Scheme Returns (%) 8.87 9.46 9.93 9.62 8.83 -0.35
CRISIL Hybrid 85+15 - Conservative Index Returns (%) 8.59 8.33 8.22 7.73 8.06 3.60
Alpha* 0.28 1.13 1.71 1.90 0.78 -3.95
CRISIL Hybrid 85+15 - Conservative Index (₹)# 69,55,365 18,44,274 11,24,946 7,28,818 4,06,408 1,22,293
CRISIL 10 Year Gilt Index (₹)^ 53,35,847 16,58,624 10,54,917 7,03,862 4,08,633 1,25,600
CRISIL 10 Year Gilt Index Returns (%) 6.44 6.31 6.41 6.33 8.43 8.86

Scheme Inception : - December 02, 2003. 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. TRI – Total Return Index, In terms of para 6.14 of SEBI Master circular No.SEBI/HO/IMD/IMD-PoD-1/P/CIR/2024/90 dated June 27, 2024, the performance of the scheme is benchmarked to the Total Return variant (TRI) of the Benchmark Index instead of Price Return Variant (PRI). 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)
RegularDirect
Growth Rs55.0907Rs63.3256
Monthly IDCW Rs12.5346Rs13.6566
(as on February 28, 2025)

Available Plans/Options

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


Fund Manager* Mr. Shibani Sircar Kurian &
Mr. Abhishek Bisen
BenchmarkCRISIL Hybrid 85+15- Conservative Index
Allotment dateDecember 02, 2003
AAUMRs3,028.05 crs
AUMRs2,975.06 crs
Folio count53,167

IDCW Frequency

Monthly (12th of every Month)


Debt Quant & Ratios
Average Maturity 17.38 yrs
Modified Duration 7.89 yrs
Macaulay Duration 8.18 yrs
Annualised YTM* 7.29%
$Standard Deviation 4.93%
^^P/E$$ 16.61
^^P/BV$$ 2.78
*in case of semi annual YTM, it will be annualized.
$$Equity Component of the Portfolio.

Source: $ICRA MFI Explorer, ^^Bloomberg

Minimum Investment Amount

Initial & Additional Investment
• Rs100 and any amount thereafter
Systematic Investment Plan (SIP)
• Rs 100 and any amount thereafter

Ideal Investments Horizon

• 3 years & above


Load Structure

Entry Load: Nil. (applicable for all plans)
Exit Load:
• 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.
• If units redeemed or switched out are in excess of the limit within 6 months from the date of allotment: 1%
• If units are redeemed or switched out after 6 months from the date of allotment: NIL


Total Expense Ratio**
Regular Plan: 1.67%
Direct Plan: 0.45%

Data as on 28th February, 2025 unless otherwise specified.

Folio Count data as on 31st January 2025.


Fund



Benchmark: CRISIL Hybrid 85+15- Conservative Index


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 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.



## Risk rate assumed to be 6.40% (FBIL Overnight MIBOR rate as on 28th Feb 2025).**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'