| 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
| 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

  

  
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.
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.
Issuer/Instrument Industry/
Rating
% to Net
Assets

Government Dated Securities
5.74% Central Government SOV 7.98
7.59% Karnataka State Govt-Karnataka SOV 6.21
7.10% Bihar State Govt-Bihar SOV 5.55
7.78% West Bengal State Govt-West Bengal SOV 4.33
7.87% Uttar Pradesh State Govt-Uttar Pradesh SOV 4.32
7.73% Rajasthan State Govt-Rajasthan SOV 3.96
7.64% Haryana State Govt-Haryana SOV 3.68
6.72% Kerala State Govt-Kerala SOV 3.63
8.31% Rajasthan State Govt-Rajasthan SOV 3.47
7.71% Gujarat State Govt-Gujarat SOV 3.21
7.42% Andhra Pradesh State Govt-Andhra Pradesh SOV 2.80
7.64% West Bengal State Govt-West Bengal SOV 2.78
7.16% Tamil Nadu State Govt-Tamil Nadu SOV 2.77
7.59% Gujarat State Govt-Gujarat SOV 2.63
7.15% Maharashtra State Govt-Maharashtra SOV 2.41
7.89% Haryana State Govt-Haryana SOV 1.90
7.62% Andhra Pradesh State Govt-Andhra Pradesh SOV 1.88
7.59% Bihar State Govt-Bihar SOV 1.87
7.61% Tamil Nadu State Govt-Tamil Nadu SOV 1.69
7.74% Tamil Nadu State Govt-Tamil Nadu SOV 1.54
7.85% Tamil Nadu State Govt-Tamil Nadu SOV 1.52
7.14% Andhra Pradesh State Govt-Andhra Pradesh SOV 1.42
7.80% Haryana State Govt-Haryana SOV 1.32
7.63% West Bengal State Govt SOV 1.32
7.76% Madhya Pradesh State Govt-Madhya Pradesh SOV 1.32
7.08% Karnataka State Govt-Karnataka SOV 1.29
7.86% Karnataka State Govt-Karnataka SOV 1.19
7.92% West Bengal State Govt-West Bengal SOV 1.14
7.80% Kerala State Govt-Kerala SOV 1.13
7.15% Karnataka State Govt-Karnataka SOV 1.13
7.15% Kerala State Govt-Kerala SOV 1.06
6.54% Maharashtra State Govt-Maharashtra SOV 1.05
7.77% Kerala State Govt-Kerala SOV 0.94
7.59% Haryana State Govt-Haryana SOV 0.94
6.58% Gujarat State Govt-Gujarat SOV 0.90
7.20% Tamil Nadu State Govt-Tamil Nadu SOV 0.79
6.48% Rajasthan State Govt-Rajasthan SOV 0.72
7.64% Uttar Pradesh State Govt-Uttar Pradesh SOV 0.56
7.14% Gujarat State Govt-Gujarat SOV 0.55
7.15% Rajasthan State Govt-Rajasthan SOV 0.55
7.78% Bihar State Govt-Bihar SOV 0.53
7.58% Maharashtra State Govt-Maharashtra SOV 0.38
7.85% Bihar State Govt-Bihar SOV 0.38
7.61% Rajasthan State Govt-Rajasthan SOV 0.38
7.6% Madhya Pradesh State Govt-Madhya Pradesh SOV 0.38
7.85% Rajasthan State Govt-Rajasthan SOV 0.38
7.62% Uttar Pradesh State Govt-Uttar Pradesh SOV 0.38
6.9% Andhra Pradesh State Govt-Andhra Pradesh SOV 0.37
7.64% Kerala State Govt-Kerala SOV 0.26
7.25% Maharashtra State Govt-Maharashtra SOV 0.19
7.75% Karnataka State Govt-Karnataka SOV 0.19
7.62% Tamil Nadu State Govt-Tamil Nadu SOV 0.19
7.20% Uttar Pradesh State Govt-Uttar Pradesh SOV 0.18
7.12% Bihar State Govt-Bihar SOV 0.18
Government Dated Securities - Total 93.82
Net Current Assets/(Liabilities) 6.18
Grand Total 100.00

NAV
Regular-Growth Rs9.9184
Regular-Growth-Direct Rs9.9258
Regular-Plan-IDCW Rs9.9189
Direct-Plan-IDCW Rs9.9259

Available Plans/Options

Regular & Direct Plan


Fund Manager Mr. Abhishek Bisen*
BenchmarkNifty SDL Apr 2027 Top 12 Equal Weight Index
Allotment dateFebruary 11, 2022
AAUMRs2,095.90 crs
AUMRs2,693.97 crs
Folio count1,005


Ratios
Portfolio Average Maturity 4.25 yrs
IRS Average Maturity* -
Net Average Maturity 4.25 yrs
Portfolio Modified Duration 3.48 yrs
IRS Modified Duration* -
Net Modified Duration 3.48 yrs
Portfolio Macaulay Duration 3.60 yrs
IRS Macaulay Duration* -
Net Macaulay Duration 3.60 yrs
YTM 7.23%
*Interest Rate Swap

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 July 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
Scheme has not completed 6 months since inception
* For Fund Manager experience, please refer 'Our Fund Managers'