Kotak Low Duration Fund- Direct Plan- Growth Option
Debt
Direct
Low Duration
NAV: ₹ 3309.53 as on 16-04-2024
Fund Performance
383 people have invested ₹ 70.9L in Kotak Low Duration Fund- Direct Plan- Growth Option in the last three months
Mutual Fund Insights
In the last 3 years, UTI - Low Duration Fund - Direct Plan - Growth Option has given 7.42% return, outperforming this fund by 1.43% per annum.
Over the last 1 year, this fund has decreased expense ratio by 4.7% moving from 0.43 to 0.41.
In the last 5 years, Aditya Birla Sun Life Low Duration Direct Plan Growth has given 6.87% return, outperforming this fund by 0.11% per annum.
This fund has one of the lowest expense ratio in the category (low duration). Its expense ratio is 0.41% which is lower than the category average expense ratio of 0.67%.
Over the last 1 month, this fund has experienced a 7.3% drop in AUM moving from 8.58K Cr to 7.96K Cr.
In the last 1 year, ICICI Prudential Savings Fund Direct Plan Growth has given 8.07% return, outperforming this fund by 0.32%.
About the Kotak Low Duration Fund- Direct Plan- Growth Option
Kotak Low Duration Fund- Direct Plan- Growth Option 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
- Kotak Low Duration Fund- Direct Plan- Growth Option has ₹7963 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.4.
Kotak Low Duration Fund- Direct Plan- Growth Option Overview
 | 0.41% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹7963 Cr |
 | 1 January, 2013 |
 | ₹100/₹100 |
 | 0% |
 | No Lock-in |
 TurnOver | 180.81% |
Kotak Low Duration Fund- Direct Plan- Growth Option Distribution as on (31-Dec-69)
Credit rating breakup
AAA
83.6%
AA
16.4%
Sector Allocation
Corporate
67.7%
Government
27.2%
Cash Equivalent
3.3%
Securitize
1.8%
Top Holdings of Kotak Low Duration Fund- Direct Plan- Growth Option as on (31-Mar-24)
Debt Holdings83
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 8.25% Govt Stock 2033 | 8.54% | 0% | |
7.69% Govt Stock 2028 | 5.77% | 0% | |
National Bank For Agriculture And Rural Development | 5.32% | 13.3% | |
Rural Electrification Corporation Limited | 3.45% | 37.5% | |
Bharti Telecom Limited | 3.15% | 0% |
See all
Kotak Low Duration Fund- Direct Plan- Growth Option: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 8K Cr as of Mar'24
- AUM decreased by 624.4 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Kotak Low Duration Fund- Direct Plan- Growth Option Fund Manager
Deepak Agrawal
Fund Manager of Kotak Low Duration Fund- Direct Plan- Growth Option, since 31 January 2015
Top funds managed
Kotak Low Duration Fund- Direct Plan- Growth Option Highlights
Moderate Risk
Investors understand that their principal will be at Moderate Risk
About the fund
This fund has delivered an average annual returns of 7.95% since inception which is more than its category average return of 4.98%
AUM size ₹7963 Cr
This fund has AUM of ₹7963 Cr which is more than its category average of ₹ 3528 Cr
Expense Ratio 0.41%
This fund has an expense ratio of 0.41% which is less than its category average expense ratio of 0.65%
Frequently Asked Questions
The current NAV of Kotak Low Duration Fund- Direct Plan- Growth Option is ₹3309.53 as on 16-Apr-2024.
Existing (Absolute + CAGR) as on 16-Apr-2024.
Kotak Low Duration Fund- Direct Plan- Growth Option | Absolute Returns | CAGR Returns |
1 Month Returns | 0.82% | 0.82% |
6 Month Returns | 3.89% | 3.89% |
1 Year Returns | 7.75% | 7.75% |
3 Years Returns | 19.04% | 5.98% |
5 Years Returns | 38.69% | 6.76% |
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.
0.41% as on March 2024
₹7963 Cr as on March 2024
8.25% Govt Stock 2033(8.54%), 7.69% Govt Stock 2028(5.77%), National Bank For Agriculture And Rural Development(5.32%), Rural Electrification Corporation Limited(3.45%), Bharti Telecom Limited(3.15%) as on March 2024
Corporate(67.71%), Government(27.16%), Cash Equivalent(3.3%) as on March 2024
Yield to Maturity is 8.12 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 1.03 as on March 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 83.62 |
AA | 16.38 |
Deepak Agrawal is the fund manager of Kotak Low Duration Fund- Direct Plan- Growth Option
The Exit load of Kotak Low Duration Fund- Direct Plan- Growth Option is 0%