| 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. However, there is no assurance that the objective of the scheme will be achieved.

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. However, there is no assurance that the objective of the scheme will be achieved.


Issuer/Instrument Rating % to Net
Assets

Equity & Equity related
Banks 5.60
HDFC Bank Ltd. 1.48
STATE BANK OF INDIA 1.06
ICICI Bank Ltd. 1.01
Bank Of Baroda 0.89
Axis Bank Ltd. 0.68
INDIAN BANK 0.48
Automobiles 2.63
Maruti Suzuki India Limited 1.34
Hero MotoCorp Ltd. 1.29
IT - Software 2.36
Tech Mahindra Ltd. 0.88
Infosys Ltd. 0.87
Mphasis Ltd 0.45
HEXAWARE TECHNOLOGIES LTD. 0.16
Telecom - Services 1.53
Bharti Airtel Ltd 1.47
Bharti Airtel Ltd - Partly Paid Shares 0.06
Petroleum Products 1.48
RELIANCE INDUSTRIES LTD. 0.93
HINDUSTAN PETROLEUM CORPORATION LTD 0.55
Pharmaceuticals and Biotechnology 1.06
Divi s Laboratories Ltd. 0.41
JB CHEMICALS & PHARMACEUTICALS LTD. 0.41
Cipla Ltd. 0.24
Healthcare Services 0.96
MAX HEALTHCARE INSTITUTE LTD. 0.56
Fortis Healthcare India Ltd 0.40
Power 0.88
NTPC LTD 0.88
Finance 0.85
Power Finance Corporation Ltd. 0.44
POONAWALLA FINCORP LTD. 0.41
Beverages 0.75
Radico Khaitan Ltd. 0.48
UNITED SPIRITS LTD. 0.27
Consumer Durables 0.61
Century Plyboards (India) Ltd. 0.31
Pokarna Ltd. 0.20
LG ELECTRONICS INDIA LTD 0.10
Food Products 0.57
Britannia Industries Ltd. 0.57
Retailing 0.50
SWIGGY LTD 0.50
Transport Services 0.45
Inter Globe Aviation Ltd 0.45
Agricultural, Commercial and Construction Vehicles 0.39
V.S.T Tillers Tractors Ltd 0.39
Gas 0.39
GAIL (India) Ltd. 0.39
Industrial Manufacturing 0.37
JYOTI CNC AUTOMATION LTD 0.27
DEE DEVELOPMENT ENGINEEERS LTD 0.10
Cement and Cement Products 0.36
Ambuja Cements Ltd. 0.36
Diversified FMCG 0.30
ITC Ltd. 0.30
Insurance 0.27
LIFE INSURANCE CORPORATION OF INDIA LTD. 0.27
Leisure Services 0.14
Jubilant Foodworks Limited 0.14
Realty 0.13
Mahindra Lifespace Developers Ltd 0.13
Fertilizers and Agrochemicals 0.11
P I Industries Ltd 0.11
Equity & Equity related 22.69
Debt Instruments
Debentures and Bonds
Government Dated Securities
7.34% Central Government SOV 18.19
7.09% Central Government SOV 8.65
7.30% Central Government SOV 6.45
6.90% Central Government SOV 4.56
7.49% Rajasthan State Govt-Rajasthan SOV 2.45
6.90% Bihar State Govt-Bihar SOV 2.19
7.45% Bihar State Govt-Bihar SOV 1.14
7.45% Maharashtra State Govt-Maharashtra SOV 0.81
GS CG 25/11/2035 - (STRIPS) SOV 0.51
GS CG 15/04/2038 - (STRIPS) SOV 0.41
7.52% Bihar State Govt-Bihar SOV 0.33
7.17% Tamil Nadu State Govt-Tamil Nadu SOV 0.32
GS CG 06/05/2038 - (STRIPS) SOV 0.28
GS CG 15/04/2045 - (STRIPS) SOV 0.24
GS CG 25/05/2043 - (STRIPS) SOV 0.19
GS CG 22/04/2036 - (STRIPS) SOV 0.16
7.65% Madhya Pradesh State Govt-Madhya Pradesh SOV 0.16
7.17% Central Government SOV 0.16
6.88% Bihar State Govt-Bihar SOV 0.16
6.57% Andhra Pradesh State Govt-Andhra Pradesh SOV 0.16
7.84% Maharashtra State Govt-Maharashtra SOV 0.10
7.96% Punjab State Govt-Punjab SOV 0.10
GS CG 25/05/2036 - (STRIPS) SOV 0.09
GS CG 25/05/2037 - (STRIPS) SOV 0.08
7.96% Maharashtra State Govt-Maharashtra SOV 0.08
GS CG 25/05/2038 - (STRIPS) SOV 0.08
GS CG 25/11/2038 - (STRIPS) SOV 0.07
8.05% Tamil Nadu State Govt-Tamil Nadu SOV 0.07
GS CG 25/05/2041 - (STRIPS) SOV 0.06
GS CG 25/05/2040 - (STRIPS) SOV 0.06
8.29% Andhra Pradesh State Govt-Andhra Pradesh SOV 0.06
GS CG 25/11/2040 - (STRIPS) SOV 0.06
7.98% Kerala State Govt-Kerala SOV 0.05
7.26% Central Government SOV 0.04
Government Dated Securities - Total 48.52
Public Sector Undertakings
TELANGANA STATE INDUSTRIAL INFRASTRUCTURE CORPORATION LTD. FITCH AA(CE) 3.88
National Housing Bank CARE AAA 2.38
REC LTD CRISIL AAA 1.76
DME DEVELOPMENT LIMITED CRISIL AAA 1.70
NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT ICRA AAA 0.80
Power Finance Corporation Ltd. (^) CRISIL AAA 0.76
NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT CRISIL AAA 0.36
INDIAN RAILWAY FINANCE CORPORATION LTD. CRISIL AAA 0.25
Power Finance Corporation Ltd. CRISIL AAA 0.21
Power Grid Corporation of India Ltd. CRISIL AAA 0.19
U P Power Corporation Ltd ( Guaranteed By UP State Government ) CRISIL A+(CE) 0.01
Public Sector Undertakings - Total 12.30
Corporate Debt/Financial Institutions
JTPM METAL TRADERS PVT LTD CRISIL AA 3.26
PTC SIDDHIVINAYAK SECURITISATION TRUST 28/09/2030(SIDDHIVINAYAK TRUST) CRISIL AAA(SO) 2.43
PTC SHIVSHAKTI SECURITISATION TRUST 28/09/2029(SHIVSHAKTI TRUST) CRISIL AAA(SO) 2.43
BHARTI TELECOM LTD. CRISIL AAA 0.82
LIC HOUSING FINANCE LTD. CRISIL AAA 0.16
HDB FINANCIAL SERVICES LTD. CRISIL AAA 0.16
Corporate Debt/Financial Institutions - Total 9.26
Triparty Repo 6.00
Alternative Investment Fund
CORPORATE DEBT MARKET DEVELOPMENT FUND - CLASS A2 Alternative Investment Fund 0.28
Alternative Investment Fund - Total 0.28
Real Estate & Infrastructure Investment Trusts
INDUS INFRA TRUST Transport Infrastructure 0.05
Real Estate & Infrastructure Investment Trusts - Total 0.05
Net Current Assets/(Liabilities) 0.90
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 (₹) 26,30,000 12,00,000 8,40,000 6,00,000 3,60,000 1,20,000
Total Value as on Oct 31, 2025 (₹) 78,19,058 19,81,919 12,05,972 7,60,411 4,12,841 1,23,815
Scheme Returns (%) 8.97 9.69 10.16 9.41 9.10 5.96
CRISIL Hybrid 85+15 - Conservative Index Returns (%) 8.70 8.59 8.54 8.27 8.88 7.51
Alpha* 0.28 1.10 1.61 1.14 0.22 -1.55
CRISIL Hybrid 85+15 - Conservative Index (₹)# 75,41,376 18,69,969 11,38,495 7,39,031 4,11,498 1,24,796
CRISIL 10 Year Gilt Index (₹)^ 56,72,872 16,63,464 10,54,624 7,13,060 4,06,186 1,23,541
CRISIL 10 Year Gilt Index Returns (%) 6.48 6.36 6.40 6.84 8.00 5.53

Scheme Inception : - December 02, 2003. The returns are calculated by XIRR approach assuming investment of ₹ 10,000/- on the 1st working day of every month. Since Inception returns are assumed to be starting from the inception date of the Scheme and calculated accordingly. 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. The SIP performance details provided herein are of Regular Plan - Growth Option Different plans have different expense structure. # Benchmark; ^ Additional Benchmark. TRI – Total Return Index, In terms of para 6.14 of SEBI Master circular No. SEBI/HO/IMD/IMD-PoD-1/P/CIR/2024/90 dated June 27, 2024, the performance of the scheme is benchmarked to the Total Return variant (TRI) of the Benchmark Index instead of Price Return Variant (PRI). Alpha is difference of scheme return with benchmark return. *All payouts during the period have been reinvested in the units of the scheme at the then prevailing NAV. Source: ICRA MFI Explorer.

Net Asset Value (NAV)
RegularDirect
Growth Rs59.1623Rs68.5483
Monthly IDCW Rs12.8138Rs14.0262
(as on October 31, 2025)

Available Plans/Options

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


Fund Manager* Mr. Shibani Sircar Kurian &
Mr. Abhishek Bisen
BenchmarkCRISIL Hybrid 85+15- Conservative Index
Allotment dateDecember 02, 2003
AAUMRs3,137.40 crs
AUMRs3,124.10 crs
Folio count56,697

IDCW Frequency

Monthly (12th of every Month)


Debt Quant & Ratios
Average Maturity 20.71 yrs
Modified Duration 8.07 yrs
Macaulay Duration 8.37 yrs
Annualised YTM* 7.31%
$Standard Deviation 5.32%
^^P/E$$ 21.29
^^P/BV$$ 3.07
*in case of semi annual YTM, it will be annualized.
$$Equity Component of the Portfolio.

Source: $ICRA MFI Explorer, ^^Bloomberg

Market Capitalisation*
Large Cap15.81%
Mid Cap4.56%
Small Cap2.32%
Debt & Money Market77.31%

*% of Net Asset

Minimum Investment Amount

Initial & Additional Investment
• Rs100 and any amount thereafter
Systematic Investment Plan (SIP)
• Rs 100 and any amount thereafter

Ideal Investments Horizon

• 3 years & above


Load Structure

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


Total Expense Ratio**
Regular Plan: 1.66%
Direct Plan: 0.48%

Data as on 31st October, 2025 unless otherwise specified.

Folio Count data as on 30th September 2025.


Fund



Benchmark: CRISIL Hybrid 85+15- Conservative Index


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

For latest Riskometer, investors may refer to an addendum issued or updated on website at www.kotakmf.com



## Risk rate assumed to be 5.69% (FBIL Overnight MIBOR rate as on 31st Oct 2025).**Total Expense Ratio includes applicable GST.
* For Fund Manager experience, please refer 'For Regular Plan' & 'For Direct Plan'
For last three IDCW, please refer 'Dividend History'.
For scheme performance, please refer 'For Regular Plan' & 'For Direct Plan'