Kotak Corporate Bond-Direct Plan-Growth Option

Kotak Corporate Bond-Direct Plan-Growth Option

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Debt
Direct
Corporate Bond

NAV: ₹ 3399.3 as on 29-09-2023

Fund Performance
zero opening, trading, fund transfer fee
2063 people have invested ₹ 97.2L in Kotak Corporate Bond-Direct Plan-Growth Option in the last three months

Fund Insights

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In the last 1 year, ICICI Prudential Corporate Bond Fund Direct Plan Growth has given 7.88% return, outperforming this fund by 0.63%.
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Over the last 6 months, this fund has experienced a 21.6% growth in AUM moving from 8.84K Cr to 10.76K Cr.
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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.
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Over the last 15 months, this fund has increased expense ratio by 13.8% moving from 0.29 to 0.33.
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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%.
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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

  1. 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.
  2. The fund has an expense ratio 0.3.

Kotak Corporate Bond-Direct Plan-Growth Option Overview

Expense ratio
Expense ratio
0.33%
Benchmark
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM
AUM
₹10760 Cr
Inception Date
Inception Date
14 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹100/₹100
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
138.88%

Fund Distribution as on (31-Dec-69)

  • Debt & Cash 100%

Credit rating breakup

AAA
100%

Sector Allocation

Aug'23

Jul'23

Jun'23

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 & Cash

Debt Holdings90
Holdings
Weight%
1M Change
8.51% Govt Stock 2033
8.51% Govt Stock 2033
9.45%
0%
Power Finance Corporation Ltd.
Power Finance Corporation Ltd.
4.59%
0%
7.17% Govt Stock 2030
7.17% Govt Stock 2030
4.06%
0%
Jamnagar Utilities & Power Private Limited
Jamnagar Utilities & Power Private Limited
3.66%
0%
7.38% Govt Stock 2027
7.38% Govt Stock 2027
3.48%
0%

Kotak Corporate Bond-Direct Plan-Growth Option: Monthly Changes Updates

All changes are between Oct'69 and Dec'69

AUM Change

Parameters
Aug'23
Jul'23
Jun'23
AUM
₹ 10.7K Cr
₹ 10.5K Cr
₹ 10.3K Cr
  • 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

Kotak Corporate Bond-Direct Plan-Growth Option Fund Manager

Deepak Agrawal

Deepak Agrawal

Fund Manager of Kotak Corporate Bond-Direct Plan-Growth Option, since 1 February 2015

Fund Highlights

Risk meter
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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 7.98% since inception which is more than its category average return of 5.42%
AUM size ₹10760 Cr

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%

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%