Kotak Bond Short Term Fund

A High quality Short Duration Fund

An open ended short term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 1 year and 3 years. A relatively high interest rate risk and moderate credit risk.

CAGR

inception 8.08%

CAGR

Since inception

8.08%

Overview

Lumpsum

SIP

If you had invested ₹

as on

would have grown to ₹ 2248

as of

i.e. 8.08 % CAGR

For lumpsum investments, Scheme Inception date is 02/05/2002. Mr. Deepak Agrawal has been managing the fund since 11/07/2007 & Mr. Abhishek Bisen has been managing the fund since 1st Nov 2022 . Different plans have different expense structure. The performance details provided herein are of regular p...

About Kotak Bond Short Term Fund

The investment objective of Kotak Bond Short Term is to provide reasonable returns and high level of liquidity by investing in debt and money market instruments of different maturities so as to spread the risk across different kind of issuers in the debt market.
The scheme is suitable for investors who may generally want to position themselves at the shorter end of the yield curve with a time horizon of 6 months and more.

Sector

% of net asset

AAA, AAA(CE), AAA(IND), AAA(SO), IND AAA, SOV

93.01 %

TREP & Term Deposits & Rev.Repo

4.7 %

Net Current Assets

2.29 %

AAA, AAA(CE), AAA(IND), AAA(SO), IND AAA, SOV

93.01 %

Performance

Fund Vs Benchmark Returns as on

Trailing Returns	Since Inception		10Y	7Y	5Y	3Y	1Y	6M	3M	1M	1W	1 Day
Kotak Bond - Short Term Fund - Direct (G)	8.08	7.88%	7.54%	7.59%	5.81%	7.39%	3.84%	2.77%	0.72%	0.20%	0.05%	1.98%
NIFTY Short Duration Debt Index B-II	7.72	7.59%	7.08%	7.15%	6.07%	7.54%	4.02%	2.63%	0.75%	0.18%	0.03%	1.90%
Crisil 10-year Gilt Index	6.43	5.97%	6.07%	6.98%	3.26%	10.70%	5.41%	4.69%	0.83%	0.36%	0.15%	3.45%
Nifty Short Duration Debt Index	7.65	7.53%	7.00%	7.10%	5.57%	6.98%	3.79%	2.59%	0.74%	0.19%	0.04%	1.82%

Scheme Inception date is 02/05/2002. Mr. Deepak Agrawal has been managing the fund since 11/07/2007 & Mr. Abhishek Bisen has been managing the fund since 1st Nov 2022 . Different plans have different expense structure. The performance details provided herein are of regular plan Past performance may or may not be sustained in future. All payouts during the period have been reinvested in the units oRead More

As on Jun 6, 2023

Historical Returns (as per SEBI format) as on

Tenors	CAGR				Current Value of ₹ 10,000 invested
Tenors	Since Inception	5Y	3Y	1Y	Since Inception	5Y	3Y	1Y
Kotak Bond - Short Term Fund - Direct (G)	8.08%	7.59%	5.81%	7.39%	22,483.39	14,418.13	11,846.74	10,738.62
NIFTY Short Duration Debt Index B-II	7.72%	7.15%	6.07%	7.54%	21,727.02	14,126.19	11,934.39	10,754.31
Nifty Short Duration Debt Index	7.65%	7.10%	5.57%	6.98%	21,570.51	14,088.51	11,765.26	10,698.33
Crisil 10-year Gilt Index	6.43%	6.98%	3.26%	10.70%	19,150.67	14,014.34	11,009.55	11,069.93

As on Jun 6, 2023

Rolling Returns

		10 Year	7 Year	5 Year	3 Year
Average	7.97	8.46	8.32	8.44	8.11
Maximum	8.06	9.66	9.33	10.81	12.10
Minimum	7.85	7.47	6.98	5.66	2.41
% times +ve returns	100	100	100	100	100
% times returns >	100	100	99.47	85.90	67.06

The returns are of Direct Growth Plan. Returns are calculated since inception with daily rolling frequency for the respective periods.

NAV Movement Download

Nav movement shows Nav and Index price of Kotak Bond Short Term Fund since inception. The Scrollbar at the bottom allows user to select range in which he wishes to view the plot. For the purpose of NAV date applicability, if the investment date happens to be a non-business day, next business day's NAV is applied. Investment on inception date can happen on a non-business day.

SWP Calculator

Details

Benchmark

AUM: ₹ 13,277 Cr. As on Apr 30,2023

Allotment date: May 02,2002

AAUM: ₹ 12,734 Cr. As on Apr 30,2023

Fund Managers

Mr. Abhishek Bisen See All Funds Managed

Mr. Deepak Agrawal See All Funds Managed

Key Ratios as on Apr 30,2023

*Standard Deviation

NA%

Modified Duration

2.10 yrs

Average Maturity

3.78 yrs

Yield to Maturity

7.89 %

Expense Ratio (Direct) **

0.36%

Expense Ratio (Regular) **

1.17 %

Source: *ICRA MFI Explorer ## Risk rate assumed to be % (FBIL Overnight MIBOR rate as on NA) **Total Expense Ratio includes applicable B30 fee and GST.

Source: *ICRA MFI Explorer

## Risk rate assumed to be %

(FBIL Overnight MIBOR rate as on NA)

**Total Expense Ratio includes applicable B30 fee and GST.

Investment Style

Available Plans/Options

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

Minimum Investment Amount

Initial Investment: (i) Reinvestment of IDCW & Growth - ₹5000 & above (ii) Payout of IDCW (Monthly IDCW) - ₹50,000 & above

Additional Investment: ₹1000 & in multiples of ₹1

Ideal Investments Horizon: 1 Year and Above

Load Structure

Entry Load: Nil.(Applicable for all plans)

Exit Load: Nil

Fund

Tier 1 Benchmark

Tier 2 Benchmark

Kotak Bond Short Term Fund (An open ended short term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 1 year and 3 years. A relatively high interest rate risk and moderate credit risk.)

This open ended fund Scheme is suitable for investors seeking

Income over a medium term horizon.
Investment in debt & money market securities with portfolio Macaulay duration between 1 year & 3 years

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

PRC Matrix

Potential Risk Class matrix consisting of parameters based on maximum interest rate risk (measured by Macaulay Duration (MD) of the scheme) and maximum credit risk (measured by Credit Risk Value (CRV) of the scheme).

Documents

SID Kotak Bond Short Term Fund.pdf SID Kotak Bond Short Term Fund.pdf Download Download

KIM- Kotak Bond short Term Fund.pdf KIM- Kotak Bond short Term Fund.pdf Download Download