| KOTAK MEDIUM TERM FUND
An open ended medium term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 3 years and 4 years.
A relatively high interest rate risk and relatively high credit risk.
An open ended medium term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 3 years and 4 years.
A relatively high interest rate risk and relatively high credit risk.
| KOTAK MEDIUM TERM FUND
An open ended medium term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 3 years and 4 years.
A relatively high interest rate risk and relatively high credit risk.
An open ended medium term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 3 years and 4 years.
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 regular income and capital appreciation by investing in a
portfolio of medium term debt and money market instruments. There is no assurance or guarantee that the investment objective of the
scheme will be achieved.
The investment objective of the scheme is to generate regular income and capital appreciation by investing in a
portfolio of medium term debt and money market instruments. There is no assurance or guarantee that the investment objective of the
scheme will be achieved.
| Issuer/Instrument | Rating | % to Net Assets |
|---|---|---|
| Debt Instruments | ||
| Debentures and Bonds | ||
| Government Dated Securities | ||
| 7.10% Central Government | SOV | 16.21 |
| 7.18% Central Government | SOV | 9.48 |
| 7.30% Central Government | SOV | 1.38 |
| 7.32% Central Government | SOV | 0.27 |
| 6.53% Tamil Nadu State Govt-Tamil Nadu | SOV | 0.15 |
| 6.67% Central Government | SOV | 0.04 |
| Government Dated Securities - Total | 27.53 | |
| Public Sector Undertakings | ||
| DME DEVELOPMENT LIMITED | CRISIL AAA | 4.17 |
| U P Power Corporation Ltd ( Guaranteed By UP State Government ) | CRISIL A+(CE) | 3.06 |
| NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT | ICRA AAA | 0.19 |
| REC LTD | CRISIL AAA | 0.11 |
| Public Sector Undertakings - Total | 7.53 | |
| Corporate Debt/Financial Institutions | ||
| BAMBOO HOTEL AND GLOBAL CENTRE (DELHI) PRIVATE LTD | ICRA A+(CE) | 4.77 |
| Tata Steel Ltd. | FITCH AA+ | 4.03 |
| INDIA GRID TRUST | CRISIL AAA | 4.00 |
| AADHAR HOUSING FINANCE LIMITED | ICRA AA | 3.47 |
| PIPELINE INFRASTRUCTURE LIMITED | CRISIL AAA | 3.38 |
| INDOSTAR CAPITAL FINANCE LIMITED | CRISIL AA- | 3.20 |
| ADITYA BIRLA RENEWABLES LIMITED | CRISIL AA | 3.20 |
| PTC SANSAR TRUST (AUGUST 24 V) 25/09/2029(SANSAR TRUST) | CRISIL AAA(SO) | 3.19 |
| ADITYA BIRLA REAL ESTATE LTD (^) | CRISIL AA | 2.93 |
| GODREJ PROPERTIES LIMITED | ICRA AA+ | 2.67 |
| EMBASSY OFFICE PARKS REIT | CRISIL AAA | 2.66 |
| JM FINANCIAL CREDIT SOLUTIONS LTD. | ICRA AA | 2.65 |
| PTC SANSAR TRUST (SERIES A1) 25/06/2030 ( MAT 31/08/2027)(SANSAR TRUST) | CRISIL AAA(SO) | 2.49 |
| JM FINANCIAL ASSET RECONSTRUCTION CO. PVT. LTD | CRISIL AA- | 2.28 |
| Nirma Ltd. | CRISIL AA | 1.88 |
| PRESTIGE PROJECTS PVT. LTD | ICRA A | 1.61 |
| MUTHOOT FINANCE LTD. | CRISIL AA+ | 1.35 |
| Bahadur Chand Investments Private Limited | ICRA AA | 1.32 |
| PTC DHRUVA TRUST (SERIES A1) 24/03/2030 (MAT 24/10/2029)(DHRUVA TRUST) | ICRA AAA(SO) | 1.21 |
| CAN FIN HOMES LTD. | FITCH AA+ | 1.07 |
| BHARTI TELECOM LTD. | CRISIL AA+ | 0.80 |
| TATA PROJECTS LTD. | FITCH AA | 0.37 |
| IOT Utkal Energy Services Ltd. | CRISIL AAA | 0.01 |
| Corporate Debt/Financial Institutions - Total | 54.54 | |
| Triparty Repo | 0.28 | |
| 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 | ||
| Embassy Office Parks REIT | Realty | 2.97 |
| BROOKFIELD INDIA REAL ESTATE TRUST | Realty | 2.09 |
| INDUS INFRA TRUST | Transport Infrastructure | 1.37 |
| NEXUS SELECT TRUST REIT | Realty | 0.53 |
| CAPITAL INFRA TRUST INVIT | Construction | 0.53 |
| Real Estate & Infrastructure Investment Trusts - Total | 7.49 | |
| Net Current Assets/(Liabilities) | 2.35 | |
| Grand Total | 100.00 | |
| Monthly SIP of (₹) 10000 | Since Inception | 10 years | 7 years | 5 years | 3 years | 1 year |
| Total amount invested (₹) | 13,10,000 | 12,00,000 | 8,40,000 | 6,00,000 | 3,60,000 | 1,20,000 |
| Total Value as on January 31, 2025 (₹) | 19,14,271 | 16,84,026 | 10,59,876 | 7,09,740 | 4,03,682 | 1,25,282 |
| Scheme Returns (%) | 6.73 | 6.59 | 6.53 | 6.65 | 7.57 | 8.24 |
| CRISIL Medium Duration Debt A-III Index Returns (%) | 7.22 | 7.05 | 6.76 | 6.17 | 7.09 | 7.75 |
| Alpha* | -0.49 | -0.46 | -0.22 | 0.48 | 0.48 | 0.48 |
| CRISIL Medium Duration Debt A-III Index (₹)# | 19,68,898 | 17,25,334 | 10,68,325 | 7,01,267 | 4,00,816 | 1,24,974 |
| CRISIL 10 Year Gilt Index (₹)^ | 18,88,003 | 16,61,583 | 10,57,145 | 7,04,539 | 4,09,453 | 1,26,096 |
| CRISIL 10 Year Gilt Index Returns (%) | 6.49 | 6.33 | 6.46 | 6.35 | 8.52 | 9.52 |
Scheme Inception : - March 21, 2014. 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 | Rs21.8735 | Rs24.2163 |
| IDCW | Rs13.4256 | Rs24.2183 |
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 Medium Duration Debt A-III Index |
| Allotment date | March 21, 2014 |
| AAUM | Rs1,858.60 crs |
| AUM | Rs1,879.26 crs |
| Folio count | 9,008 |
IDCW Frequency
At discretion of trustees
Debt Quant & Ratios
| Average Maturity | 5.11 yrs |
| Modified Duration | 3.45 yrs |
| Macaulay Duration | 3.60 yrs |
| Annualised YTM* | 8.26% |
| $Standard Deviation | 1.16% |
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
• 2.5 years & above
Load Structure
Entry Load: Nil. (applicable for all plans)
Exit Load: Nil.
Total Expense Ratio**
| Regular Plan: | 1.63% |
| Direct Plan: | 0.67% |
Data as on 31st January, 2025 unless otherwise specified.
Folio Count data as on 31st December 2024.
Folio Count data as on 31st December 2024.
Fund
Benchmark: CRISIL Medium Duration Debt A-III Index
This product is suitable for investors who are seeking*:
- Income over a medium term investment horizon
- Investment in debt, government securities & money market instruments with portfolio Macaulay duration between 3 years & 4 years
* 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 December, 2024. 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'