Kotak FMP Series 308 1125 Days Fund Direct Growth

Kotak FMP Series 308 1125 Days Fund Direct Growth

Debt

Direct

Fixed Maturity Short-Term Bond

NAV as on 06-11-2024

₹ 11.36

Inception Returns

8.1%

/yr

About Kotak FMP Series 308 1125 Days Fund Direct Growth

Kotak FMP Series 308 1125 Days Fund Direct Growth is a debt fund. This fund was started on 17 March, 2023. The fund is managed by Deepak Agrawal. This fund is suitable to keep your money safe.

Key Parameters

  1. Kotak FMP Series 308 1125 Days Fund Direct Growth has ₹0 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.

Returns

Kotak FMP Series 308 1125 Days Fund Direct Growth has given a CAGR return of 8.05% since inception. Over the last 1 year the fund has given a CAGR return of 8.75%.

Holdings

Kotak FMP Series 308 1125 Days Fund Direct Growth has allocated its funds majorly in Corporate, Cash Equivalent. Its top holdings are Mindspace Business Parks Reit, Motherson Sumi Systems Limited, Godrej Industries Limited, Bajaj Housing Finance Limited, Rural Electrification Corporation Limited

Taxation

As it is a fixed maturity short-term bond mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
For short term (less than 3 years) capital gains will be taxed at your income slab rate.
For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.
Dividends will always be taxed at slab rate.

Investment objective of Kotak FMP Series 308 1125 Days Fund Direct Growth

The investment objective of the Scheme is to generate income by investing in debt and money market securities, maturing on or before the maturity of the scheme.There is no assurance that the investment objective of the Scheme will be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 0.00. Kotak FMP Series 308 1125 Days Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

Kotak FMP Series 308 1125 Days Fund Direct Growth Overview

Expense ratio0.19%
Benchmark
Nifty Medium Duration Debt TR INR
AUM₹0 Cr
Inception Date17 March, 2023
Min Lumpsum/SIP--/--
Exit Load0%
Lock InNo Lock-in
TurnOver
36.62%
STCGSelling within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Moderately High risk

Trailing Returns

as on (06-Nov-24)

Period
Kotak FMP Series 308 1125 Days Fund Direct Growth
Fixed Maturity Short-Term Bond Index
1M
0.8%
-
3M
2.2%
-
6M
4.7%
-
1Y
8.8%
-

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 100%

AAA
51%

AA
44.4%

A
4.6%

Sector Allocation

Sep'24

Aug'24

Jul'24

Corporate
86.4%
Cash Equivalent
13.6%
All changes are between Oct'69 and Dec'69
Cash allocation has gone up from 13.1% to 13.6%
Cash allocation has gone up from 13.1% to 13.6%
Debt allocation has gone down from 86.9% to 86.4%
Debt allocation has gone down from 86.9% to 86.4%

Top Sector in September was Corporate

Sep'24
Corporate
86%
Aug'24
Corporate
87%
  • Debt & Cash

Holdings
Weight%
1M Change
Mindspace Business Parks Reit
Mindspace Business Parks Reit
8.68%
0%
Godrej Industries Limited
Godrej Industries Limited
8.67%
0%
Motherson Sumi Systems Limited
Motherson Sumi Systems Limited
8.67%
0%
Rural Electrification Corporation Limited
Rural Electrification Corporation Limited
8.66%
0%
Bajaj Housing Finance Limited
Bajaj Housing Finance Limited
8.66%
0%
  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
Kotak FMP Series 308 1125 Days Fund Direct Growth
Kotak FMP Series 308 1125 Days Fund Direct Growth
8.75%
-
-
8.05%
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Deepak Agrawal
Deepak Agrawal
Fund Manager of Kotak FMP Series 308 1125 Days Fund Direct Growth, since 17 March 2023
Fund House
Kotak Mahindra Asset Management Co Ltd
Total Schemes
Total AUM
₹4.68L Cr
as on 30-Sep-2024
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
Website
fundaccops@kotakmutual.com

Kotak FMP Series 308 1125 Days Fund Direct Growth Highlights

Risk meter
pointer

Moderately High risk

Investors understand that their principal will be at Moderately High risk
About the fund

About the fund

This fund has delivered an average annual returns of 8.05% since inception which is more than its category average return of 4.95%
Expense Ratio 0.19%

Expense Ratio 0.19%

This fund has an expense ratio of 0.19% which is more than its category average expense ratio of 0.17%

Frequently Asked Questions for Kotak FMP Series 308 1125 Days Fund Direct Growth

The current NAV of Kotak FMP Series 308 1125 Days Fund Direct Growth is ₹11.36 as on 06-Nov-2024.
Existing (Absolute + CAGR) as on 06-Nov-2024.
Kotak FMP Series 308 1125 Days Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.82%
0.82%
6 Month Returns
4.66%
4.66%
1 Year Returns
8.75%
8.75%
3 Years Returns
0%
0%
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.
0.19% as on October 2024
Mindspace Business Parks Reit(8.68%), Motherson Sumi Systems Limited(8.67%), Godrej Industries Limited(8.67%), Bajaj Housing Finance Limited(8.66%), Rural Electrification Corporation Limited(8.66%) as on October 2024
AAA
50.95
AA
44.43
A
4.61
Deepak Agrawal is the fund manager of Kotak FMP Series 308 1125 Days Fund Direct Growth
The Exit load of Kotak FMP Series 308 1125 Days Fund Direct Growth is 0%