Kotak Corporate Bond-Direct Plan-Growth Option
Debt
Direct
Corporate Bond
NAV: ₹ 3543.8 as on 24-04-2024
Fund Performance
1800 people have invested ₹ 84.3L in Kotak Corporate Bond-Direct Plan-Growth Option in the last three months
Mutual Fund Insights
This fund has one of the lowest expense ratio in the category (corporate bond). Its expense ratio is 0.33% which is lower than the category average expense ratio of 0.49%.
In the last 5 years, HSBC Corporate Bond Fund Direct Plan Growth Plan has given 7.9% return, outperforming this fund by 0.97% per annum.
In the last 1 year, ICICI Prudential Corporate Bond Fund Direct Plan Growth has given 7.84% return, outperforming this fund by 0.47%.
Over the last 6 months, this fund has experienced a 12.9% growth in AUM moving from 10.74K Cr to 12.12K Cr.
Over the last 15 months, this fund has increased expense ratio by 6.5% moving from 0.31 to 0.33.
In the last 3 years, Nippon India Corporate Bond Fund Direct Plan Growth Plan has given 6.23% return, outperforming this fund by 0.46% per annum.
About the Kotak Corporate Bond-Direct Plan-Growth Option
Kotak Corporate Bond-Direct Plan-Growth Option is a debt fund. This fund was started on 14 January, 2013. The fund is managed by Deepak Agrawal. This fund is suitable to keep your money safe.
Key Parameters
- Kotak Corporate Bond-Direct Plan-Growth Option has ₹12125 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.3.
Kotak Corporate Bond-Direct Plan-Growth Option Overview
 | 0.33% |
 Benchmark | CRISIL Short Term Bond Fund TR INR |
 | ₹12125 Cr |
 | 14 January, 2013 |
 | ₹100/₹100 |
 | 0% |
 | No Lock-in |
 TurnOver | 138.88% |
Kotak Corporate Bond-Direct Plan-Growth Option Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Corporate
60.2%
Government
37.4%
Cash Equivalent
2.4%
Top Holdings of Kotak Corporate Bond-Direct Plan-Growth Option as on (31-Mar-24)
Debt Holdings84
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.18% Govt Stock 2037 | 10.78% | -3% | |
8.25% Govt Stock 2033 | 7.09% | 20.5% | |
National Bank For Agriculture And Rural Development | 5.37% | -11.1% | |
LIC Housing Finance Limited | 3.74% | 28.2% | |
Jamnagar Utilities & Power Private Limited | 3.34% | 0% |
See all
Kotak Corporate Bond-Direct Plan-Growth Option: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 11.6K Cr as of Mar'24
- AUM increased by 161.2 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Kotak Corporate Bond-Direct Plan-Growth Option Fund Manager
Deepak Agrawal
Fund Manager of Kotak Corporate Bond-Direct Plan-Growth Option, since 1 February 2015
Top funds managed
Kotak Corporate Bond-Direct Plan-Growth Option 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 7.96% since inception which is more than its category average return of 5.44%
AUM size ₹12125 Cr
This fund has AUM of ₹12125 Cr which is more than its category average of ₹ 6127 Cr
Expense Ratio 0.33%
This fund has an expense ratio of 0.33% which is less than its category average expense ratio of 0.59%
Frequently Asked Questions
The current NAV of Kotak Corporate Bond-Direct Plan-Growth Option is ₹3543.8 as on 24-Apr-2024.
Existing (Absolute + CAGR) as on 24-Apr-2024.
Kotak Corporate Bond-Direct Plan-Growth Option | Absolute Returns | CAGR Returns |
1 Month Returns | 0.53% | 0.53% |
6 Month Returns | 4.07% | 4.07% |
1 Year Returns | 7.37% | 7.37% |
3 Years Returns | 18.34% | 5.77% |
5 Years Returns | 39.75% | 6.92% |
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.
0.33% as on March 2024
₹12125 Cr as on March 2024
7.18% Govt Stock 2037(10.78%), 8.25% Govt Stock 2033(7.09%), National Bank For Agriculture And Rural Development(5.37%), LIC Housing Finance Limited(3.74%), Jamnagar Utilities & Power Private Limited(3.34%) as on March 2024
Corporate(60.18%), Government(37.43%), Cash Equivalent(2.39%) as on March 2024
Yield to Maturity is 7.77 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 3.36 as on March 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 100 |
Deepak Agrawal is the fund manager of Kotak Corporate Bond-Direct Plan-Growth Option
The Exit load of Kotak Corporate Bond-Direct Plan-Growth Option is 0%