Kotak Floating Rate Fund Direct Monthly Reinvestment of Income Distribution cum Cap Wdrl

Kotak Floating Rate Fund Direct Monthly Reinvestment of Income Distribution cum Cap Wdrl

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Debt
Direct
Floating Rate
NAV: ₹ 1212.42 as on 18-04-2024
Fund Performance

About the Kotak Floating Rate Fund Direct Monthly Reinvestment of Income Distribution cum Cap Wdrl

Kotak Floating Rate Fund Direct Monthly Reinvestment of Income Distribution cum Cap Wdrl is a debt fund. This fund was started on 14 May, 2019. The fund is managed by Deepak Agrawal. This fund is suitable to keep your money safe.

Key Parameters

  1. Kotak Floating Rate Fund Direct Monthly Reinvestment of Income Distribution cum Cap Wdrl has ₹3860 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.2.

Kotak Floating Rate Fund Direct Monthly Reinvestment of Income Distribution cum Cap Wdrl Overview

Expense ratio
Expense ratio
0.22%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹3860 Cr
Inception Date
Inception Date
14 May, 2019
Min Lumpsum/SIP
Min Lumpsum/SIP
₹100/₹100
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
38%

Kotak Floating Rate Fund Direct Monthly Reinvestment of Income Distribution cum Cap Wdrl Distribution as on (31-Dec-69)

  • Debt & Cash 99.7%

Credit rating breakup

AAA
92.9%
AA
7.1%
Sector Allocation

Mar'24

Feb'24

Jan'24

Corporate
63.8%
Government
29%
Securitize
5.3%
Cash Equivalent
2%

Top Holdings of Kotak Floating Rate Fund Direct Monthly Reinvestment of Income Distribution cum Cap Wdrl as on (31-Mar-24)

  • Debt & Cash

Debt Holdings36
Holdings
Weight%
1M Change
8.25% Govt Stock 2033
8.25% Govt Stock 2033
17.67%
3.9%
HDFC Bank Limited
HDFC Bank Limited
10.33%
0%
Power Finance Corporation Limited
Power Finance Corporation Limited
8.91%
0%
LIC Housing Finance Ltd. 0.0784%
LIC Housing Finance Ltd. 0.0784%
5.19%
0%
8.12% Govt Stock 2031
8.12% Govt Stock 2031
4.35%
-2.9%

Kotak Floating Rate Fund Direct Monthly Reinvestment of Income Distribution cum Cap Wdrl: Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Mar'24
Feb'24
Jan'24
AUM
₹ 3.9K Cr
₹ 3.9K Cr
₹ 4.7K Cr
  • AUM of the fund stands at 3.9K Cr as of Mar'24
  • AUM decreased by 45.2 Cr between Mar'24 and Feb'24
Fund Portfolio Changes

Kotak Floating Rate Fund Direct Monthly Reinvestment of Income Distribution cum Cap Wdrl Fund Manager

Deepak Agrawal
Deepak Agrawal
Fund Manager of Kotak Floating Rate Fund Direct Monthly Reinvestment of Income Distribution cum Cap Wdrl, since 14 May 2019

Kotak Floating Rate Fund Direct Monthly Reinvestment of Income Distribution cum Cap Wdrl Highlights

Risk meter
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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 6.57% since inception which is more than its category average return of 5.05%
AUM size ₹3860 Cr

AUM size ₹3860 Cr

This fund has AUM of ₹3860 Cr which is less than its category average of ₹ 4681 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 0.57%

Frequently Asked Questions

The current NAV of Kotak Floating Rate Fund Direct Monthly Reinvestment of Income Distribution cum Cap Wdrl is ₹1212.42 as on 18-Apr-2024.
Existing (Absolute + CAGR) as on 18-Apr-2024.
Kotak Floating Rate Fund Direct Monthly Reinvestment of Income Distribution cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0.77%
0.77%
6 Month Returns
3.86%
3.86%
1 Year Returns
7.84%
7.84%
3 Years Returns
19.82%
6.21%
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 March 2024
₹3860 Cr as on March 2024
8.25% Govt Stock 2033(17.67%), HDFC Bank Limited(10.33%), Power Finance Corporation Limited(8.91%), LIC Housing Finance Ltd. 0.0784%(5.19%), 8.12% Govt Stock 2031(4.35%) as on March 2024
Corporate(63.78%), Government(28.97%), Securitize(5.25%) as on March 2024
Yield to Maturity is 8.15 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 1.33 as on March 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
92.93
AA
7.07
Deepak Agrawal is the fund manager of Kotak Floating Rate Fund Direct Monthly Reinvestment of Income Distribution cum Cap Wdrl
The Exit load of Kotak Floating Rate Fund Direct Monthly Reinvestment of Income Distribution cum Cap Wdrl is 0%