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Kotak

Low Duration Fund

NAV as on -
CAGR
Compound annual growth rate
since inception
Features
AUM
` 4796.05 Cr.
Risk
Moderate

This open ended fund Scheme is suitable for investors seeking*

  1. Regular income over short term.
  2. Income by focussing on low duration securities with portfolio Macaulay duration between 6 months and 12 months

*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 Low Duration Fund

  • The primary objective of the Scheme is to generate income through investment primarily in low duration debt & money market securities.
  • There is no assurance or guarantee that the investment objective of the scheme will be achieved.

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 06/03/2008. Mr. Deepak Agrawal has been managing the fund since 01/02/2015. 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 Low Duration Debt Index from Crisil Liquid Fund. The above performance is benchmarked to NIFTY Low Duration Debt Index. 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
Sarvoday Advisory Services Pvt. Ltd. ( Secured by Equity shares of JSW Energy Ltd. and JSW Steel Ltd. ) BRICKWORK BWR A(SO) 6.22 %
Reliable Devices Trust ( Underlying customer Reliance Retail ) ICRA AAA(SO) 5.38 %
Manappuram Finance Ltd. ICRA AA- 5.22 %
LIC Housing Finance Ltd. CRISIL AAA 4.8 %
HPCL Mittal Energy Ltd. ICRA AA+ 3.68 %
ECL Finance Ltd. CRISIL AA 3.67 %
Aasan Corporate Solutions Pvt. Ltd. ( Guaranteed by a Piramal Group of Company and Shree Krishna Trust ) ICRA A+(SO) 3.65 %
Coastal Gujarat Power Ltd. ( Guarenteed by TATA Power Co. Ltd ) CARE AA(SO) 3.47 %
Nabha Power Ltd. ( backed by unconditional and irrevocable guarantee by Larsen & Toubro Ltd ) ICRA AAA(SO) 2.83 %
Rent A Device Trust ( Underlying customer Reliance Retail ) ICRA AAA(SO) 2.81 %
Reliance Jio Infocomm Ltd. CRISIL AAA 2.64 %
Muthoot Finance Ltd. CRISIL AA 2.63 %
HDFC Ltd. CRISIL AAA 2.37 %
Avendus Finance Pvt Ltd. CRISIL A+ 2.09 %
Bharti Telecom Ltd. CRISIL AA+ 1.66 %
Dalmia Cement (Bharat) Ltd ICRA AA 1.15 %
ECL Finance Ltd. CARE AA- 1.03 %
JAMNAGAR UTILITIES & POWER PRIVATE LIMITED ( Mukesh Ambani Group ) CRISIL AAA 0.73 %
Reliance Jio Infocomm Ltd. ( Irrevocably and unconditionally guaranteed by Reliance Industries ) CRISIL AAA(SO) 0.53 %
Aditya Birla Finance Ltd. ICRA AAA 0.32 %
Hinduja Leyland Finance Ltd. CRISIL AA- 0.31 %
Shriram Transport Finance Co Ltd. CRISIL AA+ 0.3 %
Nuvoco Vistas Corporation Ltd. CRISIL AA 0.19 %
Corporate Debt/Financial Institutions - Total 57.68 %
Public Sector Undertakings
U P Power Corporation Ltd ( Guaranteed By UP State Government ) FITCH IND AA(SO) 8.15 %
Andhra Bank CRISIL AA- 2.53 %
Power Finance Corporation Ltd. CRISIL AAA 2.11 %
U P Power Corporation Ltd ( Guaranteed By UP State Government ) CRISIL A+(SO) 1.91 %
PNB Housing Finance Ltd. CARE AA+ 1.6 %
State Bank Of India. CRISIL AA+ 1.46 %
Rural Electrification Corporation Ltd. CRISIL AAA 0.89 %
Bank Of Baroda ICRA AA 0.78 %
Punjab & Sind Bank ICRA A+ 0.51 %
Bank Of Baroda CARE AA 0.42 %
Small Industries Development Bank Of India CARE AAA 0.36 %
Union Bank of India FITCH IND AA 0.31 %
Syndicate Bank CARE A+ 0.01 %
Public Sector Undertakings - Total 21.04 %
Money Market Instruments
Commercial Paper(CP)/Certificate of Deposits(CD)
Corporate Debt/Financial Institutions
Piramal Enterprises Ltd. CRISIL A1+ 6.95 %
HDFC Ltd. CRISIL A1+ 1.97 %
Muthoot Finance Ltd. CRISIL A1+ 1.56 %
Godrej Properties Limited CRISIL A1+ 1.04 %
ICICI Bank Ltd. ICRA A1+ 0.99 %
JM Financial Products Limited ICRA A1+ 0.69 %
L & T Infrastructure Finance Company Ltd. ICRA A1+ 0.51 %
JM Financial Credit Solutions Ltd. ICRA A1+ 0.3 %
Corporate Debt/Financial Institutions - Total 14.01 %
Public Sector Undertakings
Rural Electrification Corporation Ltd. CRISIL A1+ 2.4 %
Power Finance Corporation Ltd. CRISIL A1+ 1.02 %
Public Sector Undertakings - Total 3.42 %
Triparty Repo 0.15 %
Net Current Assets/(Liabilities) 3.7 %
Detail holdings

Market Capitalisation

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Fund Vs Benchmark Returns

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Trailing Returns Since
Inception

Scheme Inception date is 06/03/2008. Mr. Deepak Agrawal has been managing the fund since 01/02/2015. 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 Low Duration Debt Index from Crisil Liquid Fund. The above performance is benchmarked to NIFTY Low Duration Debt Index. The performance of the scheme is benchmarked to the Total Return variant (TRI) of the Benchmark.

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 Low Duration FundVS

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< p class="gaphParagraph"> 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 06/03/2008. Mr. Deepak Agrawal has been managing the fund since 01/02/2015. 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 Low Duration Debt Index from Crisil Liquid Fund. The above performance is benchmarked to NIFTY Low Duration Debt Index. 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

The primary objective of the Scheme is to generate income through investment primarily in low duration debt & money market securities. However, there is no assurance that the objective of the scheme will be realized.

Benchmark : NIFTY Low Duration Debt Index

Allotment date : March 06, 2008

  • AUM : `4796.05 Cr

  • AAUM : `4770.62 Cr

Key ratiosas on 30 Sep, 2019

Portfolio turnover ratio NA
$Standard Deviation 0.98%
$Beta NA
$Sharpe Ratio ## NA
Modified duration 0.83 yrs
Average maturity 0.99
Yield to maturity 8.84
Tracking Error NA
Expense Ratio (Direct) ** 0.32%
Expense Ratio (Regular) ** 1.06%
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. Regular income over short term.
  2. Income by focussing on low duration securities with portfolio Macaulay duration between 6 months and 12 months

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

    Investment Style:

    maturityStyle

    Available Plans/Options

    A) Regular Plan B) Direct Plan

    Options: Dividend Payout, DividendReinvestment & Growth (dividend payoutis available under monthly dividend only)(applicable for all plans)

    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:1-3 Months

    Load Structure

    Entry Load:NIL

    Exit Load:

    • Nil.Any exit load charged (net off Service Tax, if any) shall be credited back to the Scheme