Kotak Low Duration Fund Direct Growth

Kotak Low Duration Fund Direct Growth

Debt

Direct

Low Duration

NAV as on 05-12-2024

₹ 3479.05

Inception Returns

8%

/yr

About Kotak Low Duration Fund Direct Growth

Kotak Low Duration Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Deepak Agrawal. This fund is suitable to keep your money safe.

Key Parameters

  1. Kotak Low Duration Fund Direct Growth has ₹11346 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.4.

Returns

Kotak Low Duration Fund Direct Growth has given a CAGR return of 7.96% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.24%, 6.70% and 6.65% respectively.

Holdings

Kotak Low Duration Fund Direct Growth has allocated its funds majorly in Corporate, Government, Cash Equivalent, Securitize. Its top holdings are 7.93% Govt Stock 2033, HDFC Bank Limited, Small Industries Development Bank Of India, National Bank For Agriculture And Rural Development, 182 D Tbill Mat - 14/02/2025

Taxation

As it is a low duration 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 Low Duration Fund Direct Growth

The primary objective of the Scheme is to generate income through investment primarily in low duration debt & money market securities. There is no assurance or guarantee that the investment objective of the scheme will be achieved

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Kotak Low Duration Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
274 people have invested ₹ 45.6L in Kotak Low Duration Fund Direct Growth in the last three months

Kotak Low Duration Fund Direct Growth Overview

Expense ratio0.42%
Benchmark
CRISIL Liquid Fund TR INR
AUM₹11346 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
204.01%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Low to Moderate Risk

Trailing Returns

as on (05-Dec-24)

Period
Kotak Low Duration Fund Direct Growth
Low Duration Index
1M
0.6%
0.4%
3M
2.1%
1.7%
6M
4.1%
3.6%
1Y
8.2%
7.3%
3Y
6.7%
6.1%
5Y
6.7%
5.9%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 99.8%

AAA
85%

AA
15%

Sector Allocation

Oct'24

Sep'24

Aug'24

Corporate
56.8%
Cash Equivalent
27.7%
Government
13.7%
Securitize
1.8%
All changes are between Oct'69 and Dec'69
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 11.2K Cr
₹ 9.3K Cr
₹ 9.5K Cr
  • AUM of the fund stands at 11.2K Cr as of Oct'24
  • AUM increased by 1.9K Cr between Oct'24 and Sep'24
Cash allocation has gone up from 15.7% to 27.6%
Cash allocation has gone up from 15.7% to 27.6%
Debt allocation has gone down from 84% to 72.1%
Debt allocation has gone down from 84% to 72.1%

Top 3 Sectors in October were Corporate, Government & Securitize

Oct'24
Corporate
57%
Government
14%
Securitize
2%
Sep'24
Corporate
77%
Government
18%
Securitize
2%
  • Debt & Cash

Holdings
Weight%
1M Change
7.93% Govt Stock 2033
7.93% Govt Stock 2033
6%
0%
HDFC Bank Limited
HDFC Bank Limited
4.22%
0%
Small Industries Development Bank Of India
Small Industries Development Bank Of India
3.74%
0%
National Bank For Agriculture And Rural Development
National Bank For Agriculture And Rural Development
2.69%
0%
182 D Tbill Mat - 14/02/2025
182 D Tbill Mat - 14/02/2025
2.6%
0%
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Deepak Agrawal
Deepak Agrawal
Fund Manager of Kotak Low Duration Fund Direct Growth, since 31 January 2015
Fund House
Kotak Mahindra Asset Management Co Ltd
Total Schemes
Total AUM
₹4.8L Cr
as on 31-Oct-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

Mutual Fund Insights

Insights icon
In the last 1 year, this fund has outperformed all funds in its category.
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Over the last 3 months, this fund has experienced a 20.8% growth in AUM moving from 9.39K Cr to 11.34K Cr.
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In the last 5 years, UTI - Low Duration Fund - Direct Plan - Growth Option has given 7.16% return, outperforming this fund by 0.53% per annum.
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In the last 3 years, Aditya Birla Sun Life Low Duration Direct Plan Growth has given 6.83% return, outperforming this fund by 0.14% per annum.
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This fund has one of the lowest expense ratio in the category (low duration). Its expense ratio is 0.42% which is lower than the category average expense ratio of 0.67%.

Kotak Low Duration Fund Direct Growth Highlights

Risk meter
pointer

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 7.96% since inception which is more than its category average return of 5.05%
AUM size ₹11346 Cr

AUM size ₹11346 Cr

This fund has AUM of ₹11346 Cr which is more than its category average of ₹ 4361 Cr
Expense Ratio 0.42%

Expense Ratio 0.42%

This fund has an expense ratio of 0.42% which is less than its category average expense ratio of 0.65%

Frequently Asked Questions for Kotak Low Duration Fund Direct Growth

The current NAV of Kotak Low Duration Fund Direct Growth is ₹3479.05 as on 05-Dec-2024.
Existing (Absolute + CAGR) as on 05-Dec-2024.
Kotak Low Duration Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.61%
0.61%
6 Month Returns
4.15%
4.15%
1 Year Returns
8.24%
8.24%
3 Years Returns
21.46%
6.7%
5 Years Returns
37.99%
6.65%
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.
0.42% as on November 2024
₹11346 Cr as on November 2024
7.93% Govt Stock 2033(6%), HDFC Bank Limited(4.22%), Small Industries Development Bank Of India(3.74%), National Bank For Agriculture And Rural Development(2.69%), 182 D Tbill Mat - 14/02/2025(2.6%) as on November 2024
Corporate(71.57%), Government(13.6%), Cash Equivalent(13.09%) as on November 2024
Yield to Maturity is 7.68 as on November 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 0.85 as on November 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
84.98
AA
15.02
Deepak Agrawal is the fund manager of Kotak Low Duration Fund Direct Growth
The Exit load of Kotak Low Duration Fund Direct Growth is 0%