Kotak Bond Short Term Plan Direct Normal Payout of Inc Dis cum Cap Wdrl

Debt
Direct
Short Duration
Kotak Bond Short Term Plan Direct Normal Payout of Inc Dis cum Cap Wdrl

About the Fund

Kotak Bond Short Term Plan Direct Normal Payout of Inc Dis cum Cap Wdrl is a debt fund. This fund was started on 23 April, 2018. The fund is managed by Abhishek Bisen, Deepak Agrawal. This fund is suitable to keep your money safe.

Key Parameters

  1. Kotak Bond Short Term Plan Direct Normal Payout of Inc Dis cum Cap Wdrl has ₹14949 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.4.

Returns

Kotak Bond Short Term Plan Direct Normal Payout of Inc Dis cum Cap Wdrl has given a CAGR return of 6.59% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.45%, 4.09% and 6.04% respectively.

Holdings

Kotak Bond Short Term Plan Direct Normal Payout of Inc Dis cum Cap Wdrl has allocated its funds majorly in Financial Services, Government, Corporate, Cash Equivalent, Securitize. Its top holdings are 7.18% Govt Stock 2033, 8.34% Govt Stock 2033, National Bank For Agriculture And Rural Development, 7.32% Govt Stock 2030, 7.17% Govt Stock 2030

Taxation

As it is a short 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 Short Term Plan Direct Normal Payout of Inc Dis cum Cap Wdrl

The investment objective of the Scheme is to provide reasonable returns and reasonably high levels of liquidity by investing in debt instruments such as bonds, debentures and Government securities; and money market instruments such as treasury bills, commercial papers, certificates of deposit, 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 realised.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Kotak Bond Short Term Plan Direct Normal Payout of Inc Dis cum Cap Wdrl has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
3 people have invested ₹ 29K in Kotak Bond Short Term Plan Direct Normal Payout of Inc Dis cum Cap Wdrl in the last three months

Fund Overview

Expense ratio
Expense ratio
0.38%
Benchmark
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM
AUM
₹14949 Cr
Inception Date
Inception Date
23 April, 2018
Min Lumpsum/SIP
Min Lumpsum/SIP
₹100/₹100
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
168.73%

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 99.8%

AAA
100%

Sector Allocation

May'24

Apr'24

Mar'24

Government
49.1%
Corporate
46.2%
Cash Equivalent
4%
Securitize
0.7%
All changes are between Oct'69 and Dec'69

as on (31-May-24)

  • Debt & Cash

Holdings
Weight%
1M Change
7.18% Govt Stock 2033
7.18% Govt Stock 2033
14.73%
14.4%
8.34% Govt Stock 2033
8.34% Govt Stock 2033
12.72%
0%
National Bank For Agriculture And Rural Development
National Bank For Agriculture And Rural Development
5.16%
0%
7.32% Govt Stock 2030
7.32% Govt Stock 2030
5.12%
-20.9%
7.17% Govt Stock 2030
7.17% Govt Stock 2030
3.53%
0%

Abhishek Bisen
Abhishek Bisen
Fund Manager of Kotak Bond Short Term Plan Direct Normal Payout of Inc Dis cum Cap Wdrl, since 1 November 2022
Deepak Agrawal
Deepak Agrawal
Fund Manager of Kotak Bond Short Term Plan Direct Normal Payout of Inc Dis cum Cap Wdrl, since 14 April 2008

Kotak Bond Short Term Plan Direct Normal Payout of Inc Dis cum Cap Wdrl 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 6.59% since inception which is more than its category average return of 5.64%
AUM size ₹14949 Cr

AUM size ₹14949 Cr

This fund has AUM of ₹14949 Cr which is more than its category average of ₹ 3614 Cr
Expense Ratio 0.38%

Expense Ratio 0.38%

This fund has an expense ratio of 0.38% which is less than its category average expense ratio of 0.68%

Frequently Asked Questions

The current NAV of Kotak Bond Short Term Plan Direct Normal Payout of Inc Dis cum Cap Wdrl is ₹14.8 as on 14-Jun-2024.
Existing (Absolute + CAGR) as on 14-Jun-2024.
Kotak Bond Short Term Plan Direct Normal Payout of Inc Dis cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0.76%
0.76%
6 Month Returns
4.14%
4.14%
1 Year Returns
7.45%
7.45%
3 Years Returns
12.78%
4.09%
5 Years Returns
34.07%
6.04%
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.
0.38% as on May 2024
₹14949 Cr as on May 2024
7.18% Govt Stock 2033(14.73%), 8.34% Govt Stock 2033(12.72%), National Bank For Agriculture And Rural Development(5.16%), 7.32% Govt Stock 2030(5.12%), 7.17% Govt Stock 2030(3.53%) as on May 2024
Government(49.1%), Corporate(46.21%), Cash Equivalent(3.98%) as on May 2024
Yield to Maturity is 7.76 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 2.96 as on May 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Abhishek Bisen, Deepak Agrawal are the fund managers of Kotak Bond Short Term Plan Direct Normal Payout of Inc Dis cum Cap Wdrl
The Exit load of Kotak Bond Short Term Plan Direct Normal Payout of Inc Dis cum Cap Wdrl is 0%