Kotak Floating Rate Fund Direct Growth
Kotak Floating Rate Fund Direct Growth

Kotak Floating Rate Fund Direct Growth

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Debt
Direct
Floating Rate

NAV: ₹ 1258 as on 02-12-2022

Fund Performance
zero opening, trading, fund transfer fee
18 people have invested ₹ 1.1Cr in mutual fund in the last three months

Fund Performance

Return
1M
3M
6M
1Y
3Y
This Fund
0.7%
1.4%
3.2%
3.7%
6.7%
Benchmark
0.6%
1.3%
2.9%
3.7%
5.4%
About the Fund

Kotak Floating Rate Fund Direct Growth is a debt fund. This fund was started on  14 May, 2019. The fund is managed by Deepak Agrawal, Manu Sharma, Vihag Mishra. This fund is suitable to keep your money safe.

Key parameters

1) Kotak Floating Rate Fund Direct Growth has a NAV of 1257.9989 as on 02-12-2022.

2) Kotak Floating Rate Fund Direct Growth has 5253 Cr worth of assets under management (AUM) as on 31-10-2022 and is less than category average.

3) The fund has an expense ratio 0.22 %.

Fund Overview

Expense ratio
Expense ratio
0.22%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹5253 Cr
Inception Date
Inception Date
14 May, 2019
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
170.28%

Fund Distribution

  • Debt & Cash 100%
Credit rating breakup
AAA
94.3%
AA
5.7%

Sector Allocation

Oct'22

Sep'22

Aug'22

Corporate

59.5%

Government

30.2%

Cash Equivalent

6.3%

Securitize

4%

Top Holdings

  • All
  • Debt & Cash
Total Holdings51
Debt Holdings51
Holdings
Weight%
Holdings Trend
1M Change
icon
7.42% Govt Stock 2033
16.71%
0%
icon
Housing Development Finance Corporation Ltd
9.52%
0%
icon
Power Finance Corporation Ltd.
7.57%
0%
icon
Canara Bank
4.69%
0%
icon
Jamnagar Utilities & Power Private Limited
3.79%
0%

What changed

in last one month
  • Scheme
  • Portfolio
AUM decreased by 25.3 Cr in last 1M
Oct'22 return outperformed benchmark

Change in AUM

Oct'22
₹ 5.1K Cr
Sep'22
₹ 5.1K Cr
Aug'22
₹ 5.7K Cr

Fund Returns vs Benchmark

Oct'22
0.75%
0.58%
Sep'22
0.33%
0.28%
Aug'22
0.76%
0.73%
Fund Return
Benchmark Return

Fund Manager

Deepak Agrawal

Deepak Agrawal

Managing this fund since 14 May 2019

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Kotak Savings Fund Direct Growth
4.9%
4.26%
Kotak Money Market Direct Growth
4.76%
4.32%
Kotak Liquid Fund Growth Direct
4.09%
0.61%
Manu Sharma

Manu Sharma

Managing this fund since 1 November 2022

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Kotak Savings Fund Direct Growth
4.9%
4.26%
Kotak Money Market Direct Growth
4.76%
4.32%
Kotak Corporate Bond-Direct Plan-Growth Option
5.98%
5.27%
Vihag Mishra

Vihag Mishra

Managing this fund since 30 April 2022

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Kotak Savings Fund Direct Growth
4.9%
4.26%
Kotak Money Market Direct Growth
4.76%
4.32%
Kotak Liquid Fund Growth Direct
4.09%
0.61%

AMC details

Address
Kotak Mahindra Asset management Company Limited,2nd Floor, 12-BKC, Plot No C-12,G Block, BKC, Bandra (East),Mumbai - 400 051
Phone
91-22-40930000
Fund House
Kotak Mahindra Asset Management Co Ltd

Fund Highlights

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Low to Moderate Risk

Investors understand that their principal will be at Low to Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 6.67% since inception which is more than its category average return of 4.8%
AUM size ₹5253 Cr

AUM size ₹5253 Cr

This fund has AUM of ₹5253 Cr which is less than its category average of ₹ 5353 Cr
Expense Ratio 0.22%

Expense Ratio 0.22%

This fund has an expense ratio of 0.22% which is less than its category average expense ratio of 0.56%

Frequently Asked Questions

The current NAV of Kotak Floating Rate Fund Direct Growth is 1258.
Existing (Absolute + CAGR)
Kotak Floating Rate Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.75%
0.75%
6 Month Returns
3.2%
3.2%
1 Year Returns
3.68%
3.68%
3 Years Returns
21.39%
6.67%
5 Years Returns
0%
0%
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.
0.22 as on November 2022
5253 Cr as on November 2022
7.73
1.25
AAA
94.25
AA
5.75
Deepak Agrawal,Manu Sharma,Vihag Mishra are the fund managers of Kotak Floating Rate Fund Direct Growth
The Exit load of Kotak Floating Rate Fund Direct Growth is 0%

Mutual Fund execution provided by

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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.