| KOTAK BOND FUND
An open-ended medium term debt scheme investing in instruments such that the macaulay duration of the portfolio is between 4 years and 7 years
| KOTAK BOND FUND
An open-ended medium term debt scheme investing in instruments such that the macaulay duration of the portfolio is between 4 years and 7 years

  

  
Investment Objective
The investment objective of the Scheme is to create a portfolio of debt instruments such as bonds, debentures, Government Securities and money market instruments, including repos in permitted securities of different maturities, so as to spread the risk across different kinds of issuers in the debt markets. There is no assurance that the investment objective of the Scheme will be achieved.

The investment objective of the Scheme is to create a portfolio of debt instruments such as bonds, debentures, Government Securities and money market instruments, including repos in permitted securities of different maturities, so as to spread the risk across different kinds of issuers in the debt markets. There is no assurance 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
4.62% Central Government(^) SOV 14.13
6.38% State Government-Maharashtra SOV 10.33
6.58% State Government-Gujarat SOV 10.18
6.64% Central Government SOV 8.62
7.84% State Government-Tamil Nadu SOV 6.58
4.04% Central Government SOV 6.33
7.92% State Government-West Bengal SOV 5.53
6.72% State Government-Kerala SOV 5.43
6.67% Central Government SOV 3.73
7.85% State Government-Rajasthan SOV 2.02
7.61% State Government-Tamil Nadu SOV 1.82
7.23% State Government-Rajasthan SOV 1.79
7.29% State Government-Kerala SOV 1.44
6.45% State Government-Rajasthan SOV 1.33
7.18% State Government-Uttarakhand SOV 1.25
7.39% State Government-Maharashtra SOV 1.08
GS CG 22 Feb 2029 - (STRIPS) SOV 1.02
GS CG 22 Aug 2029 - (STRIPS) SOV 0.99
7.29% State Government-West Bengal SOV 0.90
7.15% State Government-Rajasthan SOV 0.89
4.59% Central Government SOV 0.87
8.39% State Government-Rajasthan SOV 0.74
GS CG 22 Feb 2027 - (STRIPS) SOV 0.68
GS CG 22 Feb 2028 - (STRIPS) SOV 0.62
GS CG 22 Aug 2027 - (STRIPS) SOV 0.52
GS CG 22/02/2026 - (STRIPS) SOV 0.46
1.44% Central Government SOV 0.43
GS CG 22 Aug 2028 - (STRIPS) SOV 0.38
GS CG 23/12/2025 - (STRIPS) SOV 0.22
8.24% State Government-Tamil Nadu SOV 0.19
6.85% State Government-Kerala SOV 0.18
GS 6.76% CG 22/02/2061 - (STRIPS) SOV 0.11
GS CG 22 Feb 2022 - (STRIPS) SOV 0.06
GS CG 22 Aug 2022 - (STRIPS) SOV 0.06
GS CG 22 Feb 2023 - (STRIPS) SOV 0.06
GS CG 22 Feb 2025 - (STRIPS) SOV 0.05
GS CG 22 Aug 2025 - (STRIPS) SOV 0.05
GS CG 22 Aug 2023 - (STRIPS) SOV 0.05
GS CG 22 Aug 2026 - (STRIPS) SOV 0.04
GS CG 22 Aug 2031 - (STRIPS) SOV 0.03
GS CG 22 Aug 2030 - (STRIPS) SOV 0.03
GS CG 22 Feb 2031 - (STRIPS) SOV 0.03
GS CG 22 Aug 2032 - (STRIPS) SOV 0.03
GS CG 22 Feb 2030 - (STRIPS) SOV 0.03
GS CG 22 Feb 2032 - (STRIPS) SOV 0.03
GS CG 22 Feb 2036 - (STRIPS) SOV 0.02
GS CG 22 Aug 2036 - (STRIPS) SOV 0.02
GS CG 22 Aug 2047 - (STRIPS) SOV 0.01
GS CG 22 Feb 2037 - (STRIPS) SOV 0.01
GS CG 22 Feb 2052 - (STRIPS) SOV 0.01
GS CG 22 Aug 2055 - (STRIPS) SOV 0.01
GS CG 22 Aug 2052 - (STRIPS) SOV 0.01
GS CG 22 Feb 2048 - (STRIPS) SOV 0.01
GS CG 22 Aug 2043 - (STRIPS) SOV 0.01
GS CG 22 Feb 2054 - (STRIPS) SOV 0.01
GS CG 22 Aug 2049 - (STRIPS) SOV 0.01
GS CG 22 Feb 2055 - (STRIPS) SOV 0.01
GS CG 22 Aug 2046 - (STRIPS) SOV 0.01
GS CG 22 Aug 2050 - (STRIPS) SOV 0.01
GS CG 22 Aug 2053 - (STRIPS) SOV 0.01
GS CG 22 Aug 2044 - (STRIPS) SOV 0.01
GS CG 22 Feb 2043 - (STRIPS) SOV 0.01
GS CG 22 Feb 2056 - (STRIPS) SOV 0.01
GS CG 22 Feb 2049 - (STRIPS) SOV 0.01
GS CG 22 Feb 2051 - (STRIPS) SOV 0.01
GS CG 22 Feb 2050 - (STRIPS) SOV 0.01
GS CG 22 Feb 2047 - (STRIPS) SOV 0.01
GS CG 22 Feb 2046 - (STRIPS) SOV 0.01
GS CG 22 Feb 2045 - (STRIPS) SOV 0.01
GS CG 22 Aug 2048 - (STRIPS) SOV 0.01
GS CG 22 Aug 2045 - (STRIPS) SOV 0.01
GS CG 22 Aug 2051 - (STRIPS) SOV 0.01
GS CG 22 Feb 2044 - (STRIPS) SOV 0.01
GS CG 22 Feb 2053 - (STRIPS) SOV 0.01
GS CG 22 Aug 2054 - (STRIPS) SOV 0.01
Government Dated Securities - Total 91.66
Public Sector Undertakings
Power Finance Corporation Ltd. CRISIL AAA 5.03
Rural Electrification Corporation Ltd. CRISIL AAA 1.72
National Highways Authority Of India CRISIL AAA 0.05
Public Sector Undertakings - Total 6.80
Triparty Repo 1.14
Net Current Assets/(Liabilities) 0.40
Grand Total 100.00


Systematic Investment Plan (SIP) If you had invested Rs 10,000 every month
Monthly SIP of (₹) 10000 Since Inception 10 years 7 years 5 years 3 years 1 year
Total amount invested (Rs) 26,40,000 12,00,000 8,40,000 6,00,000 3,60,000 1,20,000
Total Value as on Oct 29, 2021 (₹) 69,55,793 17,64,184 10,83,330 7,18,369 4,01,282 1,22,709
Scheme Returns (%) 8.02 7.49 7.16 7.15 7.20 4.26
Nifty Medium to Long Duration Debt Index Returns (%) NA 8.44 8.22 8.24 8.42 5.33
Alpha NA -0.95 -1.05 -1.09 -1.22 -1.07
Nifty Medium to Long Duration Debt Index (Rs)# NA 18,54,757 11,24,806 7,38,163 4,08,560 1,23,385
CRISIL 10 Year Gilt Index (Rs)^ NA 17,13,139 10,57,223 6,98,815 3,90,036 1,20,701
CRISIL 10 Year Gilt Index Returns (%) NA 6.93 6.48 6.05 5.29 1.10

Scheme Inception : - November 25,1999. 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. # Benchmark ; ^ Additional Benchmark.
Alpha is difference of scheme return with benchmark return.

NAV
Growth OptionRs62.3970
Direct Growth OptionRs67.3708
Quarterly-Reg-Plan-IDCWRs13.1762
Quarterly-Dir-Plan-IDCWRs18.1254
Annual-Reg-Plan-IDCWRs38.2285
Annual-Dir-Plan-IDCWRs22.4231

Fund Manager Mr. Abhishek Bisen*
BenchmarkNIFTY Medium to Long Duration Debt Index
Allotment dateNovember 25, 1999
AAUMRs2,900.29 crs
AUMRs2,903.83 crs
Folio count5,669

Available Plans/Options

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


IDCW Frequency

At discretion of trustees


Ratios
Portfolio Average Maturity 7.65 yrs
IRS Average Maturity* 0.47 yrs
Net Average Maturity 8.12 yrs
Portfolio Modified Duration 4.02 yrs
IRS Modified Duration* 0.40 yrs
Net Modified Duration 4.43 yrs
Portfolio Macaulay Duration 4.16 yrs
IRS Macaulay Duration* 0.42 yrs
Net Macaulay Duration 4.57 yrs
YTM 6.08%
$Standard Deviation3.57%
*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: Rs5000 and in multiple of Rs1 for purchase and for Rs0.01 for switches
Additional Investment: Rs1000 & in multiples of Rs1
Ideal Investments Horizon: 2-3 years


Load Structure

Entry Load: Nil. (applicable for all plans)
Exit Load: Nil.(applicable for all plans)
Note: The aforesaid revised exit load structure will be applicable only on a prospective basis for Units purchased /SIP/STP registered on or after April 20, 2021.


Total Expense Ratio**

Regular: 1.62%; Direct: 0.74%


Data as on October 31, 2021

Fund


Benchmark


This product is suitable for investors who are seeking*:
  • Income over a long investment horizon
  • Investment in debt & money market securities with a portfolio Macaulay duration between 4 years & 7 years.

* 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.
* For Fund Manager experience, please refer 'Our Fund Managers'
For last three IDCW, please refer 'Dividend History'.
For scheme performance, please refer 'Scheme Performances'