| KOTAK NIFTY SDL PLUS AAA PSU BOND JUL 2028 60:40 INDEX FUND
An open-ended Target Maturity Index Fund investing in constituents of Nifty SDL Plus AAA PSU Bond Jul 2028 60:40 Index. A relatively high interest rate risk and relatively low credit risk.
An open-ended Target Maturity Index Fund investing in constituents of Nifty SDL Plus AAA PSU Bond Jul 2028 60:40 Index. A relatively high interest rate risk and relatively low credit risk.
| KOTAK NIFTY SDL PLUS AAA PSU BOND JUL 2028 60:40 INDEX FUND
An open-ended Target Maturity Index Fund investing in constituents of Nifty SDL Plus AAA PSU Bond Jul 2028 60:40 Index. A relatively high interest rate risk and relatively low credit risk.
An open-ended Target Maturity Index Fund investing in constituents of Nifty SDL Plus AAA PSU Bond Jul 2028 60:40 Index. A relatively high interest rate risk and relatively low credit risk.
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Investment Objective
The investment objective of the scheme is to
track the Nifty SDL Plus AAA PSU Bond Jul
2028 60:40 Index by investing in SDLs and
PSU Bonds, maturing on or before Jul 2028,
subject to tracking difference.
However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.
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 Plus AAA PSU Bond Jul
2028 60:40 Index by investing in SDLs and
PSU Bonds, maturing on or before Jul 2028,
subject to tracking difference.
However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.
However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.
| Issuer/Instrument | Industry/ Rating |
% to Net Assets |
|---|---|---|
| Debt Instruments | ||
| Debentures and Bonds | ||
| Government Dated Securities | ||
| 8.15% Tamil Nadu State Govt-Tamil Nadu | SOV | 16.01 |
| 8.56% Maharashtra State Govt-Maharashtra | SOV | 7.18 |
| 8.35% Gujarat State Govt-Gujarat | SOV | 5.81 |
| 8.28% Tamil Nadu State Govt-Tamil Nadu | SOV | 5.47 |
| 8.05% Tamil Nadu State Govt-Tamil Nadu | SOV | 5.29 |
| 7.82% Karnataka State Govt-Karnataka | SOV | 4.56 |
| 6.24% Maharashtra State Govt-Maharashtra | SOV | 3.20 |
| 8.44% Rajasthan State Govt-Rajasthan | SOV | 2.33 |
| 8.39% Uttar Pradesh State Govt-Uttar Pradesh | SOV | 2.10 |
| 8.05% Gujarat State Govt-Gujarat | SOV | 1.88 |
| 8.28% Rajasthan State Govt-Rajasthan | SOV | 1.53 |
| 8.16% Gujarat State Govt-Gujarat | SOV | 1.10 |
| 8.54% Rajasthan State Govt-Rajasthan | SOV | 0.84 |
| 8.57% Rajasthan State Govt-Rajasthan | SOV | 0.76 |
| 7.86% Rajasthan State Govt-Rajasthan | SOV | 0.69 |
| 8.39% Gujarat State Govt-Gujarat | SOV | 0.12 |
| Government Dated Securities - Total | 58.87 | |
| Public Sector Undertakings | ||
| National Bank for Agriculture & Rural Development | CRISIL AAA | 11.02 |
| Rural Electrification Corporation Ltd. | CRISIL AAA | 8.81 |
| Power Finance Corporation Ltd. | CRISIL AAA | 7.45 |
| Rural Electrification Corporation Ltd. | CRISIL AAA | 4.26 |
| Power Finance Corporation Ltd. | CRISIL AAA | 3.14 |
| National Bank for Agriculture & Rural Development | CRISIL AAA | 2.75 |
| Power Grid Corporation of India Ltd. | CRISIL AAA | 1.12 |
| Public Sector Undertakings - Total | 38.55 | |
| Net Current Assets/(Liabilities) | 2.58 | |
| Grand Total | 100.00 | |
NAV
| Regular-Plan-Growth | Rs10.5601 |
| Direct-Plan-Growth | Rs10.5732 |
| Regular-Plan-IDCW | Rs10.5567 |
| Direct-Plan-IDCW | Rs10.5733 |
Available Plans/Options
Regular & Direct Plan
Options: Payout of IDCW, Reinvestment of
IDCW & Growth (applicable for all plans)
| Fund Manager* | Mr. Abhishek Bisen |
| Benchmark | Nifty SDL Plus AAA PSU Bond Jul 2028 60:40 Index |
| Allotment date | October 13, 2022 |
| AAUM | Rs447.29 crs |
| AUM | Rs448.52 crs |
| Folio count | 772 |
Ratios
| Portfolio Average Maturity | 4.71 yrs |
| IRS Average Maturity* | - |
| Net Average Maturity | 4.71 yrs |
| Portfolio Modified Duration | 3.79 yrs |
| IRS Modified Duration* | - |
| Net Modified Duration | 3.79 yrs |
| Portfolio Macaulay Duration | 3.97 yrs |
| IRS Macaulay Duration* | - |
| Net Macaulay Duration | 3.97 yrs |
| Annualised YTM* | 7.37% |
*in case of semi annual YTM, it will be annualized.
Minimum Investment Amount
Initial Investment: Rs5000 and in multiples of
Rs1 for purchases and of Rs0.01 for switches
Additional Purchase: Rs1000 and in multiples
of Rs1 for purchases and of Rs0.01 for switches
Ideal Investments Horizon: 1 year and Above
Load Structure
Entry Load: Nil. (applicable for all plans)
Exit Load: Nil
Total Expense Ratio**
Regular: 0.40%; Direct: 0.20%
Data as on May 31, 2023
Fund
Benchmark
This product is suitable for investors who are seeking*:
- Income over Target Maturity Period
- Target Maturity Index Fund tracking Nifty SDL Plus AAA PSU Bond Jul 2028 60:40 Index
* 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 May, 2023. 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 'Our Fund Managers'