Kotak Gilt-Investment Fund Growth - Direct
Debt
Direct
Government Bond
NAV: ₹ 98.7 as on 06-05-2024
About the Fund
Kotak Gilt-Investment Fund Growth - Direct is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Abhishek Bisen. This fund is suitable to keep your money safe.
Key Parameters
- Kotak Gilt-Investment Fund Growth - Direct has ₹2984 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.5.
Fund Performance
111 people have invested ₹ 79.5L in Kotak Gilt-Investment Fund Growth - Direct in the last three months
Overview
 | 0.47% |
 Benchmark | ICICI Securities Mibex TR INR |
 | ₹2984 Cr |
 | 1 January, 2013 |
 | ₹100/₹100 |
 | 0% |
 | No Lock-in |
 TurnOver | 109.59% |
Kotak Gilt-Investment Fund Growth - Direct Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Government
97.2%
Cash Equivalent
2.8%
Top Holdings of Kotak Gilt-Investment Fund Growth - Direct as on (30-Apr-24)
Debt Holdings29
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.18% Govt Stock 2037 | 38.79% | -21.5% | |
7.3% Govt Stock 2053 | 14.16% | 33.2% | |
7.25% Govt Stock 2063 | 13.43% | 0% | |
8.25% Govt Stock 2033 | 8.55% | -23.5% | |
6.8% Govt Stock 2060 | 6.62% | 0% |
See all
Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 2.9K Cr as of Mar'24
- AUM decreased by 205.1 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Mutual Fund Insights
In the last 1 year, Invesco India Gilt Fund Direct Plan Growth has given 8.05% return, outperforming this fund by 0.57%.
Over the last 6 months, this fund has increased expense ratio by 11.9% moving from 0.42 to 0.47.
Over the last 1 month, this fund has experienced a 4.9% drop in AUM moving from 3.13K Cr to 2.98K Cr.
In the last 3 years, ICICI Prudential Gilt Fund Direct Plan Growth has given 6.54% return, outperforming this fund by 0.53% per annum.
In the last 5 years, SBI Magnum Gilt Fund Direct Growth has given 8.5% return, outperforming this fund by 0.4% per annum.
This fund expense ratio is slightly on the lower side within the category (government bond). Its expense ratio is 0.47% which is lower than the category average expense ratio of 0.78%.
Peer Analysis
Fund Manager
Abhishek Bisen
Fund Manager of Kotak Gilt-Investment Fund Growth - Direct, since 15 April 2008
Top funds managed
Kotak Gilt-Investment Fund Growth - Direct Highlights
Low to Moderate Risk
Investors understand that their principal will be at Low to Moderate Risk
About the fund
This fund has delivered an average annual returns of 8.33% since inception which is more than its category average return of 6.73%
AUM size ₹2984 Cr
This fund has AUM of ₹2984 Cr which is more than its category average of ₹ 1345 Cr
Expense Ratio 0.47%
This fund has an expense ratio of 0.47% which is less than its category average expense ratio of 0.89%
Frequently Asked Questions
The current NAV of Kotak Gilt-Investment Fund Growth - Direct is ₹98.7 as on 06-May-2024.
Existing (Absolute + CAGR) as on 06-May-2024.
Kotak Gilt-Investment Fund Growth - Direct | Absolute Returns | CAGR Returns |
1 Month Returns | 0.54% | 0.54% |
6 Month Returns | 4.7% | 4.7% |
1 Year Returns | 7.48% | 7.48% |
3 Years Returns | 19.15% | 6.01% |
5 Years Returns | 47.58% | 8.09% |
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.
0.47% as on April 2024
₹2984 Cr as on April 2024
7.18% Govt Stock 2037(38.79%), 7.3% Govt Stock 2053(14.16%), 7.25% Govt Stock 2063(13.43%), 8.25% Govt Stock 2033(8.55%), 6.8% Govt Stock 2060(6.62%) as on April 2024
Yield to Maturity is 7.38 as on April 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 8.8 as on April 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 100 |
Abhishek Bisen is the fund manager of Kotak Gilt-Investment Fund Growth - Direct
The Exit load of Kotak Gilt-Investment Fund Growth - Direct is 0%