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Kotak

Floating Rate Fund

NAV as on -
CAGR
Compound annual growth rate
since inception
Features
AUM
` 4721.4 Cr.
Risk
Moderate

This open ended fund Scheme is suitable for investors seeking*

  1. Income over a short term investment horizon
  2. Investment in debt & money market securities including Government Securities

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

Fund Manager
Mr. Deepak Agarwal
Mr. Deepak's career has started from Kotak AMC when he joined the organization in December 2002 where he was initially in Research, Dealing and then moved into Fund Management from November 2006. Mr. Deepak is a Post Graduate in Commerce, Chartered Account and Company Secretary.

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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 Floating Rate Fund

  • The primary objective of the Scheme is to generate income through investment primarily in floating rate debt instruments, fixed rate debt instruments swapped for floating rate returns and money market instruments. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.

Performance as 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.

Sector Allocation

Sector % of net asset

Stocks

Issuer / Instrument Industry / Rating Percentage of net asset
Debt Instruments
Debentures and Bonds
Government Dated Securities
7.32% Central Government(^) SOV 9.08 %
6.18% Central Government SOV 5.18 %
5.22% Central Government SOV 2.73 %
7.35% Central Government(^) SOV 2.28 %
7.93% State Government(^)-Chattisgarh SOV 2.28 %
7.82% State Government(^)-Assam SOV 2.17 %
8.5% State Government-Punjab SOV 0.7 %
5.8% State Government-Rajasthan SOV 0.53 %
3.36% Central Government SOV 0.08 %
Government Dated Securities - Total 25.03 %
Public Sector Undertakings
Rural Electrification Corporation Ltd.(^) CRISIL AAA 7.57 %
Power Finance Corporation Ltd.(^) CRISIL AAA 4.51 %
State Bank Of India. (Basel III TIER II Bonds) CRISIL AAA 4.45 %
Indian Bank(^) (Basel III TIER II Bonds) FITCH IND AA+ 3.31 %
Canara Bank(^) (Basel III TIER II Bonds) FITCH IND AAA 3.29 %
ONGC Petro Additions Ltd.(^) ICRA AAA(CE) 3.21 %
Indian Oil Corporation Ltd.(^) CRISIL AAA 3.17 %
State Bank Of India. (Basel III TIER I Bonds) CRISIL AA+ 2.47 %
Bank Of Baroda(^) (Basel III TIER II Bonds) FITCH AAA(IND) 1.94 %
Rural Electrification Corporation Ltd. ( ) (^) CRISIL AAA 0.55 %
Export-Import Bank of India(^) CRISIL AAA 0.54 %
National Bank for Agriculture & Rural Development CRISIL AAA 0.43 %
Indian Railway Finance Corporation Ltd. CRISIL AAA 0.35 %
Bank Of Baroda (Basel III TIER I Bonds) CRISIL AA+ 0.17 %
Public Sector Undertakings - Total 35.96 %
Corporate Debt/Financial Institutions
HDFC Ltd.(^) CRISIL AAA 7.69 %
AXIS Bank Ltd. CRISIL AAA 3.16 %
Jamnagar Utilities & Power Private Limited ( Mukesh Ambani Group ) (^) CRISIL AAA 4.6 %
LIC Housing Finance Ltd.(^) CRISIL AAA 4.4 %
ICICI Bank Ltd.(^) (Basel III TIER I Bonds) CRISIL AA+ 3.62 %
Reliance Industries Ltd.(^) CRISIL AAA 2.39 %
LIC Housing Finance Ltd. ( ) (^) CRISIL AAA 2.28 %
LIC Housing Finance Ltd. ( ) CARE AAA 1.7 %
Sikka Ports & Terminals Ltd. ( Mukesh Ambani Group ) (^) CRISIL AAA 0.85 %
HDB Financial Services Ltd. CRISIL AAA 0.02 %
Corporate Debt/Financial Institutions - Total 30.71 %
Money Market Instruments
Commercial Paper(CP)/Certificate of Deposits(CD)
Corporate Debt/Financial Institutions
AXIS Bank Ltd. CRISIL A1+ 3.18 %
Corporate Debt/Financial Institutions 3.18 %
Treasury Bills
91 Days Treasury Bill 11/02/2021 SOV 1.06 %
182 Days Treasury Bill 11/02/2021 SOV 1.06 %
Treasury Bills - Total 2.12 %
Net Current Assets/(Liabilities) 3 %
Detail holdings

Market Capitalisation

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Fund Vs Benchmark Returns as on

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Trailing Returns Since
Inception

As on -

See all funds managed by Mr. Deepak Agarwal

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 Floating Rate 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

Click here to know the return of SIP investment made since inception

If you had invested
` every month from to

Total Amount invested `- Value of Investment `- i.e. - CAGR

Kotak Floating Rate FundVS

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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.

Systematic Investment Plan

Monthly SIP of `100000 Since Inception 7 years 5 years 3 years 1 year
No record found

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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

The primary objective of the Scheme is to generate income through investment primarily in floating rate debt instruments, fixed rate debt instruments swapped for floating rate returns and money market instruments. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.

Benchmark : NIFTY Ultra Short Duration Debt Index

Allotment date : May 14, 2019

  • AUM : `4721.4 Cr

  • AAUM : `4670.11 Cr

Key ratiosas on 31 Jan, 2021

Portfolio turnover ratio NA
$Standard Deviation 3.25%
$Beta NA
$Sharpe Ratio ## NA
Modified duration 2.79 yrs
Average maturity 3.31
Yield to maturity 5.53
Tracking Error NA
Expense Ratio (Direct) ** 0.22%
Expense Ratio (Regular) ** 0.62%
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 a short term investment horizon
  2. Investment in debt & money market securities including Government Securities

    *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: Growth, Dividend Payout and Dividend Reinvestment.

    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 for purchase and for Rs 0.01 for switches

    Ideal Investments Horizon:1-15 Days

    Load Structure

    Entry Load: Nil(Applicable for All Plans)

    Exit Load:

    • Nil(Applicable for All Plans)