| KOTAK NIFTY SDL JUL 2028 INDEX FUND
An open-ended Target Maturity Index Fund investing in constituents of Nifty SDL Jul 2028 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 Jul 2028 Index. A relatively high interest rate risk and relatively low credit risk.
| KOTAK NIFTY SDL JUL 2028 INDEX FUND
An open-ended Target Maturity Index Fund investing in constituents of Nifty SDL Jul 2028 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 Jul 2028 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 Jul 2028 Index by
investing in SDLs, maturing on or before
July 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 Jul 2028 Index by
investing in SDLs, maturing on or before
July 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 |
|---|---|---|
| Government Dated Securities | ||
| 8.15% Tamil Nadu State Govt-Tamil Nadu | SOV | 86.84 |
| 8.54% Rajasthan State Govt-Rajasthan | SOV | 9.01 |
| 8.56% Maharashtra State Govt-Maharashtra | SOV | 1.88 |
| Government Dated Securities - Total | 97.73 | |
| Net Current Assets/(Liabilities) | 2.27 | |
| Grand Total | 100.00 | |
NAV
| Reg-Plan-IDCW | Rs10.2317 |
| Dir-Plan-IDCW | Rs10.2361 |
| Growth Option | Rs10.2317 |
| Direct Growth Option | Rs10.2361 |
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 Jul 2028 Index |
| Allotment date | March 27, 2023 |
| AAUM | Rs27.19 crs |
| AUM | Rs28.01 crs |
| Folio count | 306 |
Ratios
| Portfolio Average Maturity | 4.84 yrs |
| IRS Average Maturity* | - |
| Net Average Maturity | 4.84 yrs |
| Portfolio Modified Duration | 3.92 yrs |
| IRS Modified Duration* | - |
| Net Modified Duration | 3.92 yrs |
| Portfolio Macaulay Duration | 4.06 yrs |
| IRS Macaulay Duration* | - |
| Net Macaulay Duration | 4.06 yrs |
| Annualised YTM* | 7.40% |
*in case of semi annual YTM, it will be annualized.
Minimum Investment Amount
Initial Investment: Rs5000 and in multiples
of Rs1 for purchases and for Rs0.01 for
switches
Additional Investment: Rs1000 & in multiples
of Rs1 for purchases and for 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: 0.47%; Direct: 0.22%
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 Jul 2028 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. Scheme has not completed 6 months since inception
* For Fund Manager experience, please refer 'Our Fund Managers'
For scheme performance, please refer 'Scheme Performances'