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Kotak

Bond Fund

NAV as on -
CAGR
Compound annual growth rate
since inception
Features
AUM
` 1879.98 Cr.
Risk
Moderate

This open ended fund Scheme is suitable for investors seeking*

  1. Income over long term investment horizon
  2. Investment in debt & money market securities with a portfolio Macaulay duration between 4 years & 7 years

*Investors should consult their financial advisors if in doubt about whether the product is suitable for them

Fund Manager
Mr. Abhishek Bisen
Mr. Abhishek has been associated with the company since October 2006 and his key responsibilities include fund management of debt schemes. Prior to joining Kotak AMC, Me, Abhishek was working with Securities Trading Corporation Of India Ltd where he was looking at Sales & Trading of Fixed Income Products apart from doing Portfolio Advisory. He has been awarded twice as one of the Highly Commended Investors in Indian Rupees Bonds from the Asset magazine Hong Kong. His educational background is B.A (Management) and MBA (Finance).

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Let’s calculate your gain

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If you would have invested `

since inception, it would have become` - i.e. - %CAGR .

About Kotak Bond Fund

  • The investment objective of Kotak Bond Fund is to create a portfolio of debt and money market instruments of different maturities so as to spread the risk across a wide maturity horizon and different kinds of issuers in the debt market.
  • The scheme offers a play on interest rates by managing duration actively. Duration is increased if the view is that of falling interest rates and vice versa.
  • The scheme also seeks to provide stable returns in the long term by managing credit risk actively.
  • The portfolio is well diversified with a mix of good credit quality debentures, bonds and government securities. It is suitable for investors who seek the high accrual offered by long term papers, have a view on interest rates and have a long term investment horizon.

Performanceas on

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  Since
Inception
Last
5 Year
Last
3 Years
Last
1 Years

For performance in SEBI format please refer performance section.

Scheme Inception date is 25/11/1999. Mr. Abhishek Bisen has been managing the fund since 01/04/2008. Different plans have different expense structure. Past performance may or may not be sustained in future. All payouts during the period have been reinvested in the units of the scheme at the then prevailing NAV. Returns >= 1 year: CAGR (Compounded Annualized Growth Rate). N.A stands for data not available. Note: Point to Point (PTP) Returns in INR shows the value of investment made at inception.. Source: ICRA MFI Explorer. With Effect from 1st June 2018, the Benchmark is changed to Nifty Medium to Long Duration Debt Index from Crisil Composite Bond Fund Index. The above performance is benchmarked to Nifty Medium to Long Duration Debt Index. Kotak Mahindra Bond Unit Scheme 99 is renamed as Kotak Bond Fund with effect from 1st June 2018. The performance of the scheme is benchmarked to the Total Return variant (TRI) of the Benchmark.

Sector Allocation

Sector % of net asset

Stocks

Issuer / Instrument Industry / Rating Percentage of net asset
Debt Instruments
Debentures and Bonds
Corporate Debt/Financial Institutions
Rent A Device Trust ( Underlying customer Reliance Retail ) ICRA AAA(SO) 4.59 %
HDFC Ltd. CRISIL AAA 2.01 %
Muthoot Finance Ltd. CRISIL AA 1.76 %
Shriram Transport Finance Co Ltd. CRISIL AA+ 1.15 %
Sikka Ports & Terminals Ltd. ( Mukesh Ambani Group ) CRISIL AAA 0.8 %
Tata Sons Private Ltd. CRISIL AAA 0.72 %
Hindalco Industries Ltd. CRISIL AA 0.02 %
Corporate Debt/Financial Institutions - Total 11.05 %
Public Sector Undertakings
National Bank for Agriculture & Rural Development CRISIL AAA 5.35 %
Power Finance Corporation Ltd. CRISIL AAA 4.17 %
State Bank Of India. CRISIL AA+ 2.69 %
National Highways Authority Of India CRISIL AAA 1.84 %
U P Power Corporation Ltd ( Guaranteed By UP State Government ) FITCH IND AA(CE) 1.13 %
NHPC Ltd. ICRA AAA 0.54 %
Public Sector Undertakings - Total 15.72 %
Government Dated Securities
7.57% Central Government SOV 33 %
7.26% Central Government SOV 22.58 %
7.32% Central Government SOV 0.83 %
1.44% Central Government SOV 0.6 %
7.69% Central Government SOV 0.57 %
8.36% State Government-Haryana SOV 0.07 %
Government Dated Securities - Total 57.65 %
Money Market Instruments
Commercial Paper(CP)/Certificate of Deposits(CD)
Public Sector Undertakings
Bank Of Baroda CRISIL A1+ 1.33 %
Public Sector Undertakings - Total 1.33 %
Reverse Repo 8.71 %
Triparty Repo 4.78 %
Net Current Assets/(Liabilities) 0.76 %
Detail holdings

Market Capitalisation

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Fund Vs Benchmark Returns

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Trailing Returns Since
Inception

Scheme Inception date is 25/11/1999. Mr. Abhishek Bisen has been managing the fund since 01/04/2008. Different plans have different expense structure. Past performance may or may not be sustained in future. All payouts during the period have been reinvested in the units of the scheme at the then prevailing NAV. Returns >= 1 year: CAGR (Compounded Annualized Growth Rate). N.A stands for data not available. Note: Point to Point (PTP) Returns in INR shows the value of investment made at inception.. Source: ICRA MFI Explorer. With Effect from 1st June 2018, the Benchmark is changed to Nifty Medium to Long Duration Debt Index from Crisil Composite Bond Fund Index. The above performance is benchmarked to Nifty Medium to Long Duration Debt Index. Kotak Mahindra Bond Unit Scheme 99 is renamed as Kotak Bond Fund with effect from 1st June 2018. The performance of the scheme is benchmarked to the Total Return variant (TRI) of the Benchmark.

As on -

See all funds managed by Mr. Abhishek Bisen

Click here to know the return of Lumpsuminvestment made since inception

If you had invested` as on would have grown to`- as of i.e. -

Kotak Bond FundVS

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Gold prices are available post 1st April, 2006 & are based on daily closing values on MCX. PPF interest rate is taken from (http://www.publicprovidentfund.com/) The Fixed deposit interest rate is based on RBI rate (https://rbi.org.in/) Scheme Return calculated on the basis of scheme NAV; Returns for PPF, FD, Gold are based on publicly available information.Source: AMFI website, PPF, RBI and MCX The above simulation is for illustration purpose only. While amount invested in traditional investment avenue has the highest safety for Principal invested, there is no assurance or guarantee of future performance of the scheme. Year-end balance has been arrived at by adding interest at the rates notified by the competent authorities from time to time. The comparison of Scheme Return vs PPF/FD/Gold has been given for the purpose of the general information only. Unlike other investment avenue referred above, investments in Mutual Funds are subject to market risks.Hence, the performances are not strictly comparable. Kotak Mahindra Asset Management Company Limited will not accept any liability/ responsibility/loss incurred on any investment decision taken on the basis of this information. Past performance may or may not be sustained in the future. Graph showing the number of times investment has increased/decreased in each asset class over the period.It should no way be construed as a recommendation or future outlook on the above mentioned stocks. Past performance of the scheme does not indicate the future performance of the schemes.

The above graph shows the movement of a specified amount vis-à-vis benchmark and additional benchmark in the specified time period(last business day of the selected month) chosen by the investor.

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In SEBI Format

CAGR since Inception 5 Year 3 Years 1 Years Current Value of`10,000
invested at inception

For lumpsum investments, if the investment period is less than 1 year then same return values are displayed for absolute & XIRR. For periods above 1 year, they are annualized. 1 Year is assumed as 365 days. Returns for investments in dividend plans of schemes are calculated after assuming that the net dividend payouts post statutory taxes & levies, are re-invested back in the scheme. Performance is always compared against the latest benchmark of the scheme irrespective of the date of change of scheme's benchmark, if any. Past performance of the scheme does not indicate the future performance of the schemes. As with any investment in securities, the NAV of the units issued under the schemes can go up or down depending on various factors and forces affecting capital markets. The data of the last working day has been considered for the calculation of performance. Scheme Inception date is 25/11/1999. Mr. Abhishek Bisen has been managing the fund since 01/04/2008. Different plans have different expense structure. Past performance may or may not be sustained in future. All payouts during the period have been reinvested in the units of the scheme at the then prevailing NAV. Returns >= 1 year: CAGR (Compounded Annualised Growth Rate). N.A stands for data not available. Note: Point to Point (PTP) Returns in INR shows the value of investment made at inception.. Source: ICRA MFI Explorer. With Effect from 1st June 2018, the Benchmark is changed to Nifty Medium to Long Duration Debt Index from Crisil Composite Bond Fund Index. The above performance is benchmarked to Nifty Medium to Long Duration Debt Index. Kotak Mahindra Bond Unit Scheme 99 is renamed as Kotak Bond with effect from 1st June 2018. The performance of the scheme is benchmarked to the Total Return variant (TRI) of the Benchmark.

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Let’s calculate your Dividend

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If you would have invested `

since inception, you would have earned` -as Dividend

and your current value of investment` -

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Dividend History

SUBMIT
Download Excel
Record date Cumulative
dividend
nav
(`/ unit )

Dividends declared from benchmark's constituents isn't taken into account when comparing with investment in scheme's dividend plans.

Investment Objective

To create a portfolio of debt and money market instruments of different maturities so as to spread the risk across a wide maturity horizon & different kinds of issuers in the debt market. However, there is no assurance that the objective of the scheme will be realized.

Benchmark : Nifty medium to long duration debt index

Allotment date : November 25, 1999

  • AUM : `1879.98 Cr

  • AAUM : `1879.04 Cr

Key ratiosas on 31 Oct, 2019

Portfolio turnover ratio NA
$Standard Deviation 3.38%
$Beta NA
$Sharpe Ratio ## NA
Modified duration 5.51 yrs
Average maturity 8.56
Yield to maturity 7.25
Tracking Error NA
Expense Ratio (Direct) ** 0.79%
Expense Ratio (Regular) ** 1.83%
Source: $ICRA MFI Explorer## Risk rate assumed to be NA (FBIL Overnight MIBOR rate as on NA)**Total Expense Ratio includes applicable B30 fee and GST.
Source: $ICRA MFI Explorer Standard Deviation is calculated on Annualised basis using 3 years history of the monthly returns.

This open ended fund Scheme is suitable for investors seeking

  1. Income over long term investment horizon
  2. Investment in debt & money market securities with a portfolio Macaulay duration between 4 years & 7 years

    *Investors should consult their financial advisors if in doubt about whether the product is suitable for them

    Available Plans/Options

    A) Regular Plan B) Direct Plan

    Options: Dividend Payout, DividendReinvestment & Growth (applicable for allplans)

    Minimum Investment Amount

    Initial Investment:Rs.5000 and in multiple of Rs.1 for purchase and for Rs.0.01 for switches

    Additional Investment:Rs.1000 & in multiples of Rs.1

    Ideal Investments Horizon:1 Year and Above

    Load Structure

    Entry Load:NIL

    Exit Load:

    • For redemptions/switch outs (including SIP/STP) within 3 months from the date of allotment of units, irrespective of the amount of investment: 0.20%.

    • For redemption/switch outs (including SIP/STP) after 3 months from the date of allotment of units, irrespective of the amount of investment: Nil.

    • **The aforesaid revised exit load structure will be applicable only on a prospective basis for Units purchased/SIP/STP registered on or after February 22, 2018.