Kotak Bond Fund Direct Growth

Debt
Direct
Medium To Long Duration
Kotak Bond Fund Direct Growth

About the Fund

Kotak Bond Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Abhishek Bisen. This fund is suitable to keep your money safe.

Key Parameters

  1. Kotak Bond Fund Direct Growth has ₹1903 Cr worth of assets under management (AUM) as on May 2024 and is more than category average.
  2. The fund has an expense ratio 0.7.

Returns

Kotak Bond Fund Direct Growth has given a CAGR return of 7.82% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.39%, 6.22% and 7.43% respectively.

Holdings

Kotak Bond Fund Direct Growth has allocated its funds majorly in Financial Services, Government, Corporate, Cash Equivalent. Its top holdings are 7.18% Govt Stock 2037, 8.34% Govt Stock 2033, 7.18% Govt Stock 2033, 7.25% Govt Stock 2063, 7.3% Govt Stock 2053

Taxation

As it is a medium to long duration mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
For short term (less than 3 years) capital gains will be taxed at your income slab rate.
For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.
Dividends will always be taxed at slab rate.

Investment objective of Kotak Bond Fund Direct Growth

The investment objective of the Scheme is to create a portfolio of debt instruments such as bonds, debentures, Government Securities and money market instruments, including repos in permitted securities of different maturities, so as to spread the risk across different kinds of issuers in the debt markets. There is no assurance that the investment objective of the Scheme will be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Kotak Bond Fund Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
36 people have invested ₹ 11.4L in Kotak Bond Fund Direct Growth in the last three months

Fund Overview

Expense ratio0.69%
Benchmark
CRISIL Composite Bond Fund TR INR
AUM₹1903 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
147.29%
Risk
Risk meter
pointer
Moderate Risk

Fund Distribution
as on (31-May-24)

  • Equity 0.4%

  • Debt & Cash 99.4%

Sector Allocation

May'24

Apr'24

Mar'24

Financial Services
100%
All changes are between Oct'69 and Dec'69

as on (31-May-24)

  • Equity

  • Debt & Cash

Holdings
Weight%
1M Change
Bharat Highways InvIT Unit
Bharat Highways InvIT Unit
0.36%
0%

Abhishek Bisen
Abhishek Bisen
Fund Manager of Kotak Bond Fund Direct Growth, since 15 April 2008

Mutual Fund Insights

Insights icon
In the last 5 years, SBI Magnum Income Fund Direct Growth has given 7.77% return, outperforming this fund by 0.34% per annum.
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In the last 1 year, this fund has outperformed all funds in its category.
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Over the last 1 month, this fund has experienced a 3.9% growth in AUM moving from 1.83K Cr to 1.90K Cr.
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Over the last 15 months, this fund has increased expense ratio by 9.5% moving from 0.63 to 0.69.
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In the last 3 years, UTI Medium to Long Duration Fund Direct Plan Growth has given 10.2% return, outperforming this fund by 3.98% per annum.

Kotak Bond Fund Direct Growth Highlights

Risk meter
pointer

Moderate Risk

Investors understand that their principal will be at Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 7.82% since inception which is more than its category average return of 5.74%
Fund Allocations

Fund Allocations

This fund has an allocation of 0.36% in Equity, 96.28% in Debt and 3.11% in Cash related instruments
AUM size ₹1903 Cr

AUM size ₹1903 Cr

This fund has AUM of ₹1903 Cr which is more than its category average of ₹ 1025 Cr
Expense Ratio 0.69%

Expense Ratio 0.69%

This fund has an expense ratio of 0.69% which is less than its category average expense ratio of 1.18%

Frequently Asked Questions

The current NAV of Kotak Bond Fund Direct Growth is ₹78.97 as on 20-Jun-2024.
Existing (Absolute + CAGR) as on 20-Jun-2024.
Kotak Bond Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.25%
1.25%
6 Month Returns
4.94%
4.94%
1 Year Returns
8.39%
8.39%
3 Years Returns
19.84%
6.22%
5 Years Returns
43.07%
7.43%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.69% as on May 2024
₹1903 Cr as on May 2024
7.18% Govt Stock 2037(18.58%), 8.34% Govt Stock 2033(17.75%), 7.18% Govt Stock 2033(17.72%), 7.25% Govt Stock 2063(7.58%), 7.3% Govt Stock 2053(6.39%) as on May 2024
Government(84.43%), Corporate(11.82%), Cash Equivalent(3.39%) as on May 2024
Yield to Maturity is 7.44 as on May 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 6.55 as on May 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
99.67
AA
0.33
Abhishek Bisen is the fund manager of Kotak Bond Fund Direct Growth
The Exit load of Kotak Bond Fund Direct Growth is 0%