Kotak Corporate Bond-Direct Plan-Growth Option
Debt
Direct
Corporate Bond
NAV: ₹ 3399.3 as on 29-09-2023
Fund Performance
2063 people have invested ₹ 97.2L in Kotak Corporate Bond-Direct Plan-Growth Option in the last three months
Fund Insights
In the last 1 year, ICICI Prudential Corporate Bond Fund Direct Plan Growth has given 7.88% return, outperforming this fund by 0.63%.
Over the last 6 months, this fund has experienced a 21.6% growth in AUM moving from 8.84K Cr to 10.76K Cr.
In the last 3 years, Nippon India Corporate Bond Fund Direct Plan Growth Plan has given 6.07% return, outperforming this fund by 0.69% per annum.
Over the last 15 months, this fund has increased expense ratio by 13.8% moving from 0.29 to 0.33.
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 0.48%.
In the last 5 years, HSBC Corporate Bond Fund Direct Plan Growth Plan has given 8.32% return, outperforming this fund by 1.1% per annum.
About the Fund
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 ₹10760 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 |
 | ₹10760 Cr |
 | 14 January, 2013 |
 | ₹100/₹100 |
 | 0% |
 | No Lock-in |
 TurnOver | 138.88% |
Fund Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Corporate
62.6%
Government
29.6%
Cash Equivalent
7.8%
Top Holdings of Kotak Corporate Bond-Direct Plan-Growth Option as on (31-Aug-23)
Debt Holdings90
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 8.51% Govt Stock 2033 | 9.45% | 0% | |
Power Finance Corporation Ltd. | 4.59% | 0% | |
7.17% Govt Stock 2030 | 4.06% | 0% | |
Jamnagar Utilities & Power Private Limited | 3.66% | 0% | |
7.38% Govt Stock 2027 | 3.48% | 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 10.7K Cr as of Aug'23
- AUM increased by 161.9 Cr between Aug'23 and Jul'23
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
Fund 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 7.98% since inception which is more than its category average return of 5.42%
AUM size ₹10760 Cr
This fund has AUM of ₹10760 Cr which is more than its category average of ₹ 5713 Cr
Expense Ratio 0.33%
This fund has an expense ratio of 0.33% which is less than its category average expense ratio of 0.58%
Frequently Asked Questions
The current NAV of Kotak Corporate Bond-Direct Plan-Growth Option is ₹3399.33 as on 29-Sep-2023.
Existing (Absolute + CAGR) as on 29-Sep-2023.
Kotak Corporate Bond-Direct Plan-Growth Option | Absolute Returns | CAGR Returns |
1 Month Returns | 0.45% | 0.45% |
6 Month Returns | 3.87% | 3.87% |
1 Year Returns | 7.25% | 7.25% |
3 Years Returns | 17% | 5.37% |
5 Years Returns | 41.68% | 7.22% |
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 August 2023
₹10760 Cr as on August 2023
8.51% Govt Stock 2033(9.45%), Power Finance Corporation Ltd.(4.59%), 7.17% Govt Stock 2030(4.06%), Jamnagar Utilities & Power Private Limited(3.66%), 7.38% Govt Stock 2027(3.48%) as on August 2023
Corporate(60.73%), Government(35.51%), Cash Equivalent(3.76%) as on August 2023
Yield to Maturity is 7.68 as on August 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 2.17 as on August 2023. 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%