Kotak Low Duration Fund

Invests in low duration debt

An open ended low duration debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 6 months and 12 months. A relatively high interest rate risk and moderate credit risk.

CAGR

inception 7.22%

CAGR

Since inception

7.22%

Overview

Lumpsum

SIP

If you had invested ₹

as on

would have grown to ₹ 2895

as of

i.e. 7.22 % CAGR

For lumpsum investments, Scheme Inception date is 06/03/2008. Mr. Deepak Agrawal has been managing the fund since 01/02/2015 & 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...

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.

Sector

% of net asset

A1+, A1+(IND), AAA, AAA(IND), AAA(SO), IND A1+, SOV

81.56 %

AA+, AA+(IND), IND AA+, AA, IND AA

12.45 %

TREP & Term Deposits & Rev.Repo

4.5 %

Net Current Assets

1.49 %

A1+, A1+(IND), AAA, AAA(IND), AAA(SO), IND A1+, SOV

81.56 %

Performance

Fund Vs Benchmark Returns as on

Trailing Returns	Since Inception		10Y	7Y	5Y	3Y	1Y	6M	3M	1M	1W	1 Day
Kotak Low Duration Fund - Regular (G)	7.22	7.16%	6.62%	6.24%	4.97%	6.25%	3.42%	2.02%	0.60%	0.14%	0.05%	1.37%
NIFTY Low Duration Debt Index B-I	7.90	7.31%	6.64%	6.45%	5.33%	6.95%	3.97%	2.26%	0.63%	0.09%	-	1.55%
Crisil 1 Yr T-Bill Index	6.18	6.28%	5.84%	5.68%	4.24%	6.23%	3.45%	2.12%	0.63%	0.12%	-	1.43%
NIFTY Low Duration Debt Index	7.79	7.19%	6.49%	6.29%	5.07%	6.74%	3.84%	2.18%	0.65%	0.12%	-	1.51%

Scheme Inception date is 06/03/2008. Mr. Deepak Agrawal has been managing the fund since 01/02/2015 & 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 5, 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
NIFTY Low Duration Debt Index B-I	7.90%	6.45%	5.33%	6.95%	31,882.97	13,671.38	11,684.19	10,695.21
NIFTY Low Duration Debt Index	7.79%	6.29%	5.07%	6.74%	31,381.60	13,569.42	11,600.42	10,674.23
Kotak Low Duration Fund - Regular (G)	7.22%	6.24%	4.97%	6.25%	28,949.39	13,535.00	11,566.97	10,625.46
Crisil 1 Yr T-Bill Index	6.18%	5.68%	4.24%	6.23%	24,960.48	13,181.14	11,326.10	10,623.06

As on Jun 5, 2023

Rolling Returns

		10 Year	7 Year	5 Year	3 Year
Average	7.97	8.07	7.97	7.80	7.37
Maximum	8.59	8.91	9.19	9.55	10.75
Minimum	7.14	6.62	6.08	4.90	2.57
% times +ve returns	100	100	100	100	100
% times returns >	100	87.48	83.78	81.38	61.05

The returns are of Regular 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 Low Duration 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: ₹ 8,228 Cr. As on Apr 30,2023

Allotment date: Mar 06,2008

AAUM: ₹ 7,843 Cr. As on Apr 30,2023

Fund Managers

Mr. Deepak Agrawal See All Funds Managed

Key Ratios as on Apr 30,2023

*Standard Deviation

NA%

Modified Duration

1.02 yrs

Average Maturity

2.40 yrs

Yield to Maturity

8.02 %

Expense Ratio (Direct) **

0.43%

Expense Ratio (Regular) **

1.11 %

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 (payout of IDCW is available under monthly IDCW only)

Minimum Investment Amount

Initial Investment: ₹5000 and in multiple of ₹1 for purchase and for ₹0.01 for switches

Additional Investment: ₹1000 & in multiples of ₹1 for purchase and for ₹0.01 for switches.

Ideal Investments Horizon: 6 Months and Above

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

Fund

Tier 1 Benchmark

Tier 2 Benchmark

Kotak Low Duration Fund (An open ended low duration debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 6 months and 12 months. A relatively high interest rate risk and moderate credit risk.)

This open ended fund Scheme is suitable for investors seeking

Regular income over short term.
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

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

KIM- Kotak Low Duration Fund.pdf KIM- Kotak Low Duration Fund.pdf Download Download

SID Kotak Low Duration Fund.pdf SID Kotak Low Duration Fund.pdf Download Download