| 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. There is no assurance that the investment objective of the schemes will be realised.

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. There is no assurance that the investment objective of the schemes will be realised.


Issuer/Instrument Industry/
Rating		 % to Net
Assets

Equity & Equity related
ICICI Bank Ltd. Banks 2.60
ITC Ltd. Diversified FMCG 2.27
Maruti Suzuki India Limited Automobiles 1.78
State Bank Of India Banks 1.66
Reliance Industries Ltd. Petroleum Products 1.60
National Thermal Power Corporation Limited Power 0.99
Persistent Systems Limited IT - Software 0.91
Axis Bank Ltd. Banks 0.83
Bank Of Baroda Banks 0.74
Prataap Snacks Ltd Food Products 0.71
Bharti Airtel Ltd Telecom - Services 0.67
HDFC Bank Ltd. Banks 0.65
Mahindra & Mahindra Ltd. Automobiles 0.62
Sapphire Foods India Ltd. Leisure Services 0.51
Kansai Nerolac Paints Ltd Consumer Durables 0.46
Emami Ltd. Personal Products 0.45
Pokarna Ltd. Consumer Durables 0.43
Hero MotoCorp Ltd. Automobiles 0.42
Subros Ltd. Auto Components 0.42
Century Plyboards (India) Ltd. Consumer Durables 0.40
Indian Bank Banks 0.40
Prudent Corporate Advisory Services Ltd. Capital Markets 0.36
Fortis Healthcare India Ltd Healthcare Services 0.34
Ksb Ltd Industrial Products 0.33
Hindustan Unilever Ltd. Diversified FMCG 0.32
United Spirits Ltd. Beverages 0.32
Mahindra Lifespace Developers Ltd Realty 0.30
Jubilant Foodworks Limited Leisure Services 0.29
Zee Entertainment Enterprises Ltd Entertainment 0.29
United Breweries Ltd. Beverages 0.26
The Ramco Cements Ltd Cement & Cement Products 0.25
Barbeque Nation Hospitality Ltd. Leisure Services 0.24
Bata India Ltd. Consumer Durables 0.23
Infosys Ltd. IT - Software 0.20
Firstsource Solutions Ltd. IT - Services 0.19
PNC Infratech Ltd Construction 0.17
Shriram City Union Finance Ltd. Finance 0.17
Eris Lifesciences Ltd. Pharmaceuticals & Biotechnology 0.15
KNR Constructions Ltd. Construction 0.13
Ultratech Cement Ltd. Cement & Cement Products 0.13
Gland Pharma Limited Pharmaceuticals & Biotechnology 0.08
Larsen And Toubro Ltd. Construction 0.08
JK Cement Ltd. Cement & Cement Products 0.07
Tata Motors Ltd. Automobiles 0.07
Mahindra & Mahindra Financial Services Ltd. Finance 0.05
Zydus Lifesciences Limited Pharmaceuticals & Biotechnology 0.05
Bharti Airtel Ltd - Partly Paid Shares Telecom - Services 0.03
Equity & Equity related - Total 24.62
Debt Instruments
Debentures and Bonds
Corporate Debt/Financial Institutions
EMBASSY OFFICE PARKS REIT CRISIL AAA 1.51
Corporate Debt/Financial Institutions - Total 1.51
Public Sector Undertakings
U P Power Corporation Ltd ( Guaranteed By UP State Government ) CRISIL A+(CE) 2.95
Small Industries Development Bank Of India ICRA AAA 2.79
Power Finance Corporation Ltd. CRISIL AAA 1.91
State Bank Of India.(Basel III TIER II Bonds) CRISIL AAA 1.57
Rural Electrification Corporation Ltd. CRISIL AAA 0.38
Power Finance Corporation Ltd. CRISIL AAA 0.30
Indian Railway Finance Corporation Ltd. CRISIL AAA 0.26
Public Sector Undertakings - Total 10.16
Government Dated Securities
7.42% Central Government(^) SOV 15.49
7.1% Central Government SOV 10.44
5.74% Central Government SOV 10.10
7.38% Central Government SOV 5.65
7.01% Central Government(^) SOV 3.62
6.42% Central Government SOV 2.80
7.91% Uttar Pradesh State Govt-Uttar Pradesh SOV 1.72
7.59% Karnataka State Govt-Karnataka SOV 1.57
GS CG 22 Aug 2028 - (STRIPS) SOV 1.00
7.74% Tamil Nadu State Govt-Tamil Nadu SOV 0.95
7.95% Central Government SOV 0.63
GS CG 17 Jun 2027 - (STRIPS) SOV 0.39
7.76% Madhya Pradesh State Govt-Madhya Pradesh SOV 0.32
8.27% Rajasthan State Govt-Rajasthan SOV 0.31
8.42% Tamil Nadu State Govt-Tamil Nadu SOV 0.22
GS CG 22 Aug 2029 - (STRIPS) SOV 0.18
GS CG 22 Feb 2030 - (STRIPS) SOV 0.17
GS CG 22 Aug 2030 - (STRIPS) SOV 0.16
GS CG 22 Aug 2026 - (STRIPS) SOV 0.08
GS CG 22 Feb 2028 - (STRIPS) SOV 0.07
GS CG 22 Feb 2029 - (STRIPS) SOV 0.07
GS CG 22 Feb 2027 - (STRIPS) SOV 0.05
GS CG 23/12/2025 - (STRIPS) SOV 0.05
8.9% Maharashtra State Govt-Maharashtra SOV 0.03
Government Dated Securities - Total 56.07
Triparty Repo 6.73
Net Current Assets/(Liabilities) 0.91
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 (Rs) 22,70,000 12,00,000 8,40,000 6,00,000 3,60,000 1,20,000
Total Value as on Oct 31, 2022 (Rs) 55,45,085 19,62,614 11,74,744 7,73,128 4,20,262 1,24,130
Scheme Returns (%) 8.69 9.51 9.42 10.08 10.32 6.45
CRISIL Hybrid 85+15 - Conservative Index Returns (%) 8.55 8.59 8.02 7.77 6.31 3.54
Alpha 0.14 0.91 1.41 2.31 4.01 2.91
CRISIL Hybrid 85+15 - Conservative Index (Rs)# 54,61,524 18,70,146 11,17,176 7,29,842 3,96,128 1,22,277
CRISIL 10 Year Gilt Index (Rs)^ 41,12,927 15,86,553 9,81,857 6,60,433 3,65,632 1,20,113
CRISIL 10 Year Gilt Index Returns (%) 5.91 5.45 4.39 3.79 1.01 0.17

Scheme Inception : - December 02, 2003. The returns are calculated by XIRR approach assuming investment of Rs10,000/- 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. # Benchmark ; ^ Additional Benchmark.
Alpha is difference of scheme return with benchmark return.

NAV
Growth optionRs44.2939
Direct Growth optionRs49.4257
Monthly-Reg-Plan-IDCW Rs12.3892
Monthly-Dir-Plan-IDCW Rs13.2539

Available Plans/Options

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


Fund Manager* Mr. Devender Singhal,
Mr. Abhishek Bisen &
Mr. Vihag Mishra
(Dedicated fund manager for investments in foreign securities)
BenchmarkCRISIL Hybrid 85+15 - Conservative Index
Allotment dateDecember 02, 2003
AAUMRs1,581.79 crs
AUMRs1,600.76 crs
Folio count26,493

IDCW Frequency

Monthly (12th of every Month)


Ratios
Portfolio Average Maturity6.06 yrs
IRS Average Maturity* 0.16 yrs
Net Average Maturity 6.21 yrs
Portfolio Modified Duration2.59 yrs
IRS Modified Duration* 0.14 yrs
Net Modified Duration 2.73 yrs
Portfolio Macaulay Duration2.69 yrs
IRS Macaulay Duration* 0.15 yrs
Net Macaulay Duration 2.84 yrs
YTM 7.67%
$Standard Deviation4.92%
*Interest Rate Swap
Source: $ICRAMFI Explorer.
Standard Deviation is calculated on Annualised basis using 3 years history of monthly returns.

Minimum Investment Amount

Initial Investment: (i) Reinvestment of IDCW & Growth and Payout of IDCW (Quarterly) - Rs5000 & above (ii) Payout of IDCW (Monthly) - Rs50,000 & above Additional Investment: Rs1000 & in multiples of Rs1
Ideal Investments Horizon - 3 year & above


Load Structure

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


Total Expense Ratio**

Regular: 1.81%; Direct:0.44%


Data as on October 31, 2022


Fund



Benchmark


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 advisers if in doubt about whether the product is suitable for them.

(^) Fully or Party blocked against Interest Rate Swap (IRS) Hedging Position through Interest Rate Swaps as on 31 Oct 2022 is 6.24% of the net assets.
##Risk rate assumed to be 6.25% (FBIL Overnight MIBOR rate as on 31st October 2022).**Total Expense Ratio includes applicable B30 fee and GST.
* For Fund Manager experience, please refer 'Our Fund Managers'
For last three IDCW, please refer 'Dividend History'.
For scheme performance, please refer 'Scheme Performances'