Kotak Bond Short Term Fund - Direct Plan - Growth
Debt
Direct
Short Duration
NAV: ₹ 48.6 as on 30-05-2023
Fund Performance
195 people have invested ₹ 2.3Cr in Kotak Bond Short Term Fund - Direct Plan - Growth in the last three months
Fund Insights
In the last 1 year, ICICI Prudential Short Term Fund Direct Plan Growth Option has given 8.25% return, outperforming Kotak Bond Short Term Fund - Direct Plan - Growth by 1.25%
In the last 3 years, UTI - Short Term Income Fund - Direct Plan - Growth Option has given 7.56% return, outperforming Kotak Bond Short Term Fund - Direct Plan - Growth by 1.79% per annum
In the last 5 years, ICICI Prudential Short Term Fund Direct Plan Growth Option has given 8.09% return, outperforming Kotak Bond Short Term Fund - Direct Plan - Growth by 0.55% per annum
Over the last 1 year, Kotak Bond Short Term Fund - Direct Plan - Growth has increased expense ratio by 5.9% moving from 0.34 to 0.36
Kotak Bond Short Term Fund - Direct Plan - Growth has one of the lowest expense ratio in the category (short duration). Its expense ratio is 0.36% which is lower than the category average expense ratio of 0.68%
About the Fund
Kotak Bond Short Term Plan Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Vihag Mishra, Deepak Agrawal, Abhishek Bisen. This fund is suitable to keep your money safe.
Key parameters
1) Kotak Bond Short Term Fund - Direct Plan - Growth has a NAV of ₹48.5691 as on 30-05-2023.
2) Kotak Bond Short Term Fund - Direct Plan - Growth has ₹12594 Cr worth of assets under management (AUM) as on 31-03-2023 and is more than category average.
3) The fund has an expense ratio 0.36 %.
Kotak Bond Short Term Fund - Direct Plan - Growth Overview
 | 0.36% |
 Benchmark | CRISIL Short Term Bond Fund TR INR |
 | ₹12594 Cr |
 | 1 January, 2013 |
 | ₹5000/₹1000 |
 | 0% |
 | No Lock-in |
 TurnOver | 234.8% |
Fund Distribution as on (30-Apr-23)
Credit rating breakup
AAA
100%
Sector Allocation
Corporate
59.8%
Government
34.6%
Cash Equivalent
4.7%
Securitize
0.9%
Top Holdings of Kotak Bond Short Term Fund - Direct Plan - Growth as on (30-Apr-23)
Debt Holdings103
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 5.74 11/15/2026 12:00:00 Am | 8.43% | -54.1% | |
7.38 6/20/2027 12:00:00 Am | 7.11% | 29.7% | |
7.42 9/22/2033 12:00:00 Am | 6.66% | -3.7% | |
7.69 12/7/2031 12:00:00 Am | 4.51% | 0% | |
Bajaj Finance Limited | 4.11% | 0% |
See all
Kotak Bond Short Term Fund - Direct Plan - Growth: Monthly Changes Updates
All changes are between Feb'23 and Apr'23
Fund Performance
- This fund’s returns stands at 0.27% whereas the fund’s underlying benchmark Short Duration Index returns stands at 0.23% as on Apr'23
- This fund outperformed Short Duration Index by 0.04% in Apr'23
AUM Change
- AUM of the fund stands at 12.5K Cr as of Apr'23
- AUM increased by 66.2 Cr between Apr'23 and Mar'23
Fund Portfolio Changes
Peer Analysis
Kotak Bond Short Term Fund - Direct Plan - Growth Fund Manager
Vihag Mishra
Fund Manager of Kotak Bond Short Term Fund - Direct Plan - Growth, since 30 April 2022
Top funds managed
Deepak Agrawal
Fund Manager of Kotak Bond Short Term Fund - Direct Plan - Growth, since 14 April 2008
Top funds managed
Abhishek Bisen
Fund Manager of Kotak Bond Short Term Fund - Direct Plan - Growth, since 1 November 2022
Top funds managed
Fund Highlights
Low to Moderate Risk
Investors understand that their principal will be at Low to Moderate Risk
About the fund
This fund has delivered an average annual returns of 8.08% since inception which is more than its category average return of 5.69%
AUM size ₹12594 Cr
This fund has AUM of ₹12594 Cr which is more than its category average of ₹ 3444 Cr
Expense Ratio 0.36%
This fund has an expense ratio of 0.36% which is less than its category average expense ratio of 0.67%
Frequently Asked Questions
The current NAV of Kotak Bond Short Term Fund - Direct Plan - Growth is ₹48.57 as on 30-May-2023.
Existing (Absolute + CAGR) as on 30-May-2023.
Kotak Bond Short Term Fund - Direct Plan - Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.75% | 0.75% |
6 Month Returns | 3.75% | 3.75% |
1 Year Returns | 7.02% | 7.02% |
3 Years Returns | 18.35% | 5.78% |
5 Years Returns | 43.81% | 7.54% |
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.
0.36% as on April 2023
₹12594 Cr as on April 2023
5.74 11/15/2026 12:00:00 Am(8.43%), 7.38 6/20/2027 12:00:00 Am(7.11%), 7.42 9/22/2033 12:00:00 Am(6.66%), 7.69 12/7/2031 12:00:00 Am(4.51%), Bajaj Finance Limited(4.11%) as on April 2023
Corporate(58.33%), Government(38.32%), Cash Equivalent(2.5%) as on April 2023
Yield to Maturity is 7.67 as on April 2023. 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 2.2 as on April 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 100 |
Vihag Mishra, Deepak Agrawal, Abhishek Bisen are the fund managers of Kotak Bond Short Term Fund - Direct Plan - Growth
The Exit load of Kotak Bond Short Term Fund - Direct Plan - Growth is 0%