Kotak Bond Direct Growth
Debt
Direct
Medium To Long Duration
NAV: ₹ 77.23 as on 24-04-2024
Fund Performance
34 people have invested ₹ 1.4L in Kotak Bond Direct Growth in the last three months
Mutual Fund Insights
In the last 5 years, SBI Magnum Income Fund Direct Growth has given 8.15% return, outperforming this fund by 0.43% per annum.
In the last 3 years, UTI Medium to Long Duration Fund Direct Plan Growth has given 9.72% return, outperforming this fund by 3.77% per annum.
In the last 1 year, this fund has outperformed all funds in its category.
Over the last 1 year, this fund has increased expense ratio by 1.6% moving from 0.63 to 0.64.
About the Kotak Bond Direct Growth
Kotak Bond 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
- Kotak Bond Direct Growth has ₹1811 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
- The fund has an expense ratio 0.6.
Kotak Bond Direct Growth Overview
 | 0.64% |
 Benchmark | CRISIL Composite Bond Fund TR INR |
 | ₹1811 Cr |
 | 1 January, 2013 |
 | ₹100/₹100 |
 | 0% |
 | No Lock-in |
 TurnOver | 147.29% |
Kotak Bond Direct Growth Distribution as on (31-Mar-24)
Sector Allocation
Financial Services
100%
Top Holdings of Kotak Bond Direct Growth as on (31-Mar-24)
Equity Holdings1
Debt Holdings23
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Bharat Highways InvIT Unit | 0.38% | 0% |
Kotak Bond Direct Growth: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 1.8K Cr as of Mar'24
- AUM decreased by 24.2 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Kotak Bond Direct Growth Fund Manager
Abhishek Bisen
Fund Manager of Kotak Bond Direct Growth, since 15 April 2008
Top funds managed
Kotak Bond Direct Growth Highlights
Moderate Risk
Investors understand that their principal will be at Moderate Risk
About the fund
This fund has delivered an average annual returns of 7.72% since inception which is more than its category average return of 5.68%
Fund Allocations
This fund has an allocation of 0.39% in Equity, 92.76% in Debt and 6.6% in Cash related instruments
AUM size ₹1811 Cr
This fund has AUM of ₹1811 Cr which is more than its category average of ₹ 1008 Cr
Expense Ratio 0.64%
This fund has an expense ratio of 0.64% which is less than its category average expense ratio of 1.16%
Frequently Asked Questions
The current NAV of Kotak Bond Direct Growth is ₹77.23 as on 24-Apr-2024.
Existing (Absolute + CAGR) as on 24-Apr-2024.
Kotak Bond Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.13% | 0.13% |
6 Month Returns | 5.18% | 5.18% |
1 Year Returns | 7.7% | 7.7% |
3 Years Returns | 18.92% | 5.95% |
5 Years Returns | 45.05% | 7.72% |
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.
0.64% as on March 2024
₹1811 Cr as on March 2024
7.18% Govt Stock 2037(40%), 8.25% Govt Stock 2033(18.68%), 7.25% Govt Stock 2063(6.73%), HDFC Bank Limited(4.13%), 7.3% Govt Stock 2053(4.01%) as on March 2024
Government(80.87%), Corporate(12.13%), Cash Equivalent(6.61%) as on March 2024
Yield to Maturity is 7.53 as on March 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 6.81 as on March 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 96.67 |
AA | 3.33 |
Abhishek Bisen is the fund manager of Kotak Bond Direct Growth
The Exit load of Kotak Bond Direct Growth is 0%