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Kotak Floating Rate Fund
Kotak Floating Rate Fund
Invests in Floating Rate Instruments
An open ended debt scheme predominantly investing in floating rate instruments. A relatively high interest rate risk and moderate credit risk
Since inceptionOverview
would have grown to ₹ 1284
i.e. 6.35 % CAGR
For lumpsum investments, Scheme Inception date is 14/05/2019. Mr. Deepak Agrawal has been managing the fund since 14/05/2019 & Mr. Manu Sharma has been managing the fund since 1st Nov 2022 . Different plans have different expense structure. The performance details provided herein are of regular plan...
Read More- 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
| Trailing Returns | Since Inception | 10Y | 7Y | 5Y | 3Y | 1Y | 6M | 3M | 1M | 1W | 1 Day | YTD | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Kotak Floating Rate Fund - Regular (G) | 6.35 | - | - | - | 5.96% | 6.55% | 3.41% | 2.09% | 0.57% | 0.05% | 0.02% | 1.52% | |
| Nifty Short Duration Debt Index | 6.73 | - | - | - | 5.57% | 6.98% | 3.79% | 2.59% | 0.74% | 0.19% | 0.04% | 1.82% | |
| Crisil 10-year Gilt Index | 6.19 | - | - | - | 3.26% | 10.70% | 5.41% | 4.69% | 0.83% | 0.36% | 0.15% | 3.45% |
Scheme Inception date is 14/05/2019. Mr. Deepak Agrawal has been managing the fund since 14/05/2019 & Mr. Manu Sharma 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 of tRead More
As on Jun 6, 2023
| Tenors | CAGR | Current Value of ₹ 10,000 invested | ||||||
|---|---|---|---|---|---|---|---|---|
| Since Inception | 5Y | 3Y | 1Y | Since Inception | 5Y | 3Y | 1Y | |
| Nifty Short Duration Debt Index | 6.73% | - | 5.57% | 6.98% | 13,029.66 | - | 11,765.26 | 10,698.33 |
| Kotak Floating Rate Fund - Regular (G) | 6.35% | - | 5.96% | 6.55% | 12,844.42 | - | 11,897.30 | 10,654.60 |
| Crisil 10-year Gilt Index | 6.19% | - | 3.26% | 10.70% | 12,763.94 | - | 11,009.55 | 11,069.93 |
Scheme Inception date is 14/05/2019. Mr. Deepak Agrawal has been managing the fund since 14/05/2019 & Mr. Manu Sharma 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 of tRead More
As on Jun 6, 2023
| 10 Year | 7 Year | 5 Year | 3 Year | 1 Year | ||
|---|---|---|---|---|---|---|
| Average | - | - | - | 6.19 | 6.24 | |
| Maximum | - | - | - | 6.72 | 11.58 | |
| Minimum | - | - | - | 5.87 | 2.20 | |
| % times +ve returns | 0.00 | 0.00 | 0.00 | 100 | 100 | |
| % times returns > | 0.00 | 0.00 | 0.00 | - | 36.30 |
The returns are of Regular Growth Plan. Returns are calculated since inception with daily rolling frequency for the respective periods.
NAV Movement 
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Nav movement shows Nav and Index price of Kotak Floating Rate 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.
Details
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.
- Income over a short term investment horizon
- Investment in debt & money market securities having maturity of one business day.
