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Kotak

Medium Term Fund

NAV as on -
CAGR
Compound annual growth rate
since inception
Features
AUM
` 1737.39 Cr.
Risk
Moderate

This open ended fund Scheme is suitable for investors seeking*

  1. Income over a medium term investment horizon.
  2. Investment in debt, government securities & money market instruments with a portfolio Macaulay duration between 3 years & 4 years.

*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 Medium Term Fund

  • Kotak Medium Term Fund, an open-ended debt scheme. The investment objective of the scheme is to generate regular income and capital appreciation by investing in a portfolio of medium term debt and money market instruments.
  • The fund has an average maturity floor of around 3 years and a ceiling of around 7 years. As a result, the fund occupies a mid-segment space between the long duration and the short duration bonds.
  • Likewise, the fund's merits also tend to be a balance of the long term and the short term bond funds.
  • The fund operates largely on a Hold-Till-Maturity (HTM) strategy.

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.

Scheme Inception date is 21/03/2014. Mr. Deepak Agrawal has been managing the fund since 22/06/2015. 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 Medium Duration Debt Index from Crisil Composite Bond Fund Index. The above performance is benchmarked to NIFTY Medium 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
Coastal Gujarat Power Ltd. ( Guarenteed by TATA Power Co. Ltd ) CARE AA(CE) 8.34 %
HDFC Ltd. CRISIL AAA 4.95 %
Talwandi Sabo Power Ltd. ( Unconditional and Irrevocable Corporate Guarantee of Vedanta Ltd.) CRISIL AA(CE) 3.12 %
Embassy Office Parks Reit CRISIL AAA 3.01 %
Nuvoco Vistas Corporation Ltd. ( ) CRISIL AA 2.88 %
Kotak Mahindra Prime Ltd. CRISIL AAA 2.58 %
Reliance Industries Ltd. CRISIL AAA 2.5 %
Sikka Ports & Terminals Ltd. ( Mukesh Ambani Group ) CRISIL AAA 1.21 %
Aarish Solar Power Ltd. # CARE AA-(CE) 0.24 %
Aashman Energy Pvt. Ltd. # CARE AA-(CE) 0.24 %
Divyesh Power Pvt. Ltd. # CARE AA-(CE) 0.24 %
Elena Renewable Energy Pvt. Ltd. # CARE AA-(CE) 0.24 %
Pratyash Renewable Pvt. Ltd. # CARE AA-(CE) 0.24 %
SEI Baskara Power Pvt. Ltd. # CARE AA-(CE) 0.24 %
SEI Enerstar Renewable Energy Pvt. Ltd. # CARE AA-(CE) 0.24 %
SEI Mihir Energy Pvt. Ltd. # CARE AA-(CE) 0.24 %
Shreyas Renwable Energy Pvt. Ltd. # CARE AA-(CE) 0.24 %
Zuvan Energy Pvt. Ltd. # CARE AA-(CE) 0.24 %
Tata Sons Private Ltd. CRISIL AAA 0.18 %
The Indian Hotels Company Ltd. CARE AA+ 0.17 %
Muthoot Finance Ltd. CRISIL AA 0.03 %
IOT Utkal Energy Services Ltd. CRISIL AAA 0.01 %
Corporate Debt/Financial Institutions - Total 31.38 %
Public Sector Undertakings
Power Finance Corporation Ltd. CRISIL AAA 9.65 %
Punjab & Sind Bank (Basel III TIER I Bonds) ICRA A- 8.84 %
Rural Electrification Corporation Ltd. CRISIL AAA 6.12 %
U P Power Corporation Ltd ( Guaranteed By UP State Government ) CRISIL A+(CE) 4.98 %
National Bank for Agriculture & Rural Development ICRA AAA 4.7 %
Punjab National Bank (Basel III TIER I Bonds) FITCH IND A 3.84 %
State Bank Of India. (Basel III TIER II Bonds) CRISIL AAA 3.53 %
National Highways Authority Of India CRISIL AAA 2.99 %
Indian Railway Finance Corporation Ltd. CRISIL AAA 2.41 %
ONGC Petro Additions Ltd. ICRA AAA(CE) 1.4 %
Steel Authority of India Ltd. FITCH IND AA- 0.04 %
Public Sector Undertakings - Total 48.5 %
Government Dated Securities
7.2% State Government-Maharashtra SOV 4.46 %
5.77% Central Government SOV 2.83 %
6.97% State Government-Maharashtra SOV 1.75 %
6.44% State Government-Maharashtra SOV 1.14 %
1.44% Central Government SOV 0.97 %
Government Dated Securities - Total 11.15 %
Money Market Instruments
Commercial Paper(CP)/Certificate of Deposits(CD)
Corporate Debt/Financial Institutions
Muthoot Finance Ltd. CRISIL A1+ 0.63 %
Corporate Debt/Financial Institutions - Total 0.63 %
Treasury Bills
182 Days Treasury Bill 29/10/2020 SOV 5.74 %
Treasury Bills - Total 5.74 %
Triparty Repo 0.34 %
Net Current Assets/(Liabilities) 2.26 %
Detail holdings

Market Capitalisation

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Fund Vs Benchmark Returns as on

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Trailing Returns Since
Inception

Scheme Inception date is 21/03/2014. Mr. Deepak Agrawal has been managing the fund since 22/06/2015. 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 Medium Duration Debt Index from Crisil Composite Bond Fund Index. The above performance is benchmarked to NIFTY Medium 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 Medium Term 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 21/03/2014. Mr. Deepak Agrawal has been managing the fund since 22/06/2015. 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 Medium Duration Debt Index from Crisil Composite Bond Fund Index. The above performance is benchmarked to NIFTY Medium Duration Debt Index. The performance of the scheme is benchmarked to the Total Return variant (TRI) of the Benchmark.

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 Medium Term 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
Total amount invested (Rs) 790,000 790,000 600,000 360,000 120,000
Total Value as on 22-Oct-2020 (Rs) 1,016,235.55 1,016,235.55 719,023.87 402,877.03 125,744.22
Scheme Returns (%) 7.59 7.59 7.23 7.55 9.4
NIFTY Medium Duration Debt Index (Rs)# 1,077,166.67 1,077,166.67 761,604.36 424,431.77 127,830.43
NIFTY Medium Duration Debt Index Returns (%) 9.34 9.34 9.55 11.15 12.88
Alpha* - 1.75 - 1.75 - 2.32 - 3.6 - 3.48
Crisil 10-year Gilt Index (Rs)## 1,035,482.87 1,035,482.87 733,692.93 415,909.73 124,460.88
Crisil 10-year Gilt Index Returns (%) 8.15 8.15 8.05 9.74 7.27

Scheme Inception : - Mar 21, 2014. 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

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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 investment objective of the scheme is to generate regular income and capital appreciation by investing in a portfolio of medium term debt and money market instruments. However, there is no assurance that the objective of the scheme will be realized.

Benchmark : NIFTY Medium Duration Debt Index

Allotment date : March 21, 2014

  • AUM : `1737.39 Cr

  • AAUM : `1652.9 Cr

Key ratiosas on 30 Sep, 2020

Portfolio turnover ratio NA
$Standard Deviation 5.62%
$Beta NA
$Sharpe Ratio ## NA
Modified duration 3.67 yrs
Average maturity 4.93
Yield to maturity 7.71
Tracking Error NA
Expense Ratio (Direct) ** 0.74%
Expense Ratio (Regular) ** 1.68%
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 medium term investment horizon.
  2. Investment in debt, government securities & money market instruments with a portfolio Macaulay duration between 3 years & 4 years.

    *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 (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:2.5 Years and Above

    Load Structure

    Entry Load:NIL

    Exit Load:

    • i) For redemption / switch out of upto 3% of the initial investment amount (limit) purchased or switched in within 6 months from the date of allotment: Nil

    • ii) If units redeemed or switched out are in excess of the limit within 6 months from the date of allotment: 1%

    • iii) If units are redeemed or switched out on or after 6 months from the date of allotment: Nil

    • iv) Any exit load charged (Net off Goods and Service Tax if any) shall be credited back to the respective Scheme. Units issued on reinvestment of dividends shall not be subject to entry and exit load.