Kotak Medium Term Direct Annual Reinvestment of Income Dis cum Cap wdrl

Kotak Medium Term Direct Annual Reinvestment of Income Dis cum Cap wdrl

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Debt
Direct
Medium Duration
NAV: ₹ 22.83 as on 13-06-2024

About the Fund

Kotak Medium Term Direct Annual Reinvestment of Income Dis cum Cap wdrl is a debt fund. This fund was started on 25 March, 2014. The fund is managed by Deepak Agrawal. This fund is suitable to keep your money safe.

Key Parameters

  1. Kotak Medium Term Direct Annual Reinvestment of Income Dis cum Cap wdrl has ₹1745 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.7.

Returns

Kotak Medium Term Direct Annual Reinvestment of Income Dis cum Cap wdrl has given a CAGR return of 8.38% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.64%, 6.49% and 7.39% respectively.

Holdings

Kotak Medium Term Direct Annual Reinvestment of Income Dis cum Cap wdrl has allocated its funds majorly in Real Estate, Corporate, Government, Cash Equivalent. Its top holdings are 7.18% Govt Stock 2037, 7.18% Govt Stock 2033, HDFC Bank Limited, TATA Steel Limited, India Grid Trust 0.0788%

Taxation

As it is a medium 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 Medium Term Direct Annual Reinvestment of Income Dis cum Cap wdrl

The investment objective of the scheme is to generate regular income and capital appreciation by investing in a portfolio of medium term debt and money market instruments. 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 Medium Term Direct Annual Reinvestment of Income Dis cum Cap wdrl has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
2 people have invested ₹ 2K in Kotak Medium Term Direct Annual Reinvestment of Income Dis cum Cap wdrl in the last three months

Overview

Expense ratio
Expense ratio
0.66%
Benchmark
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM
AUM
₹1745 Cr
Inception Date
Inception Date
25 March, 2014
Min Lumpsum/SIP
Min Lumpsum/SIP
₹100/₹100
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
87.92%

Kotak Medium Term Direct Annual Reinvestment of Income Dis cum Cap wdrl Distribution as on (31-Dec-69)

  • Equity 5.5%

  • Debt & Cash 92.9%

Sector Allocation

Apr'24

Mar'24

Feb'24

Real Estate
100%

Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 1.7K Cr
₹ 1.7K Cr
₹ 1.7K Cr
  • AUM of the fund stands at 1.7K Cr as of Apr'24
  • AUM increased by 14.7 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Top Holdings of Kotak Medium Term Direct Annual Reinvestment of Income Dis cum Cap wdrl as on (31-May-24)

  • Debt & Cash

Debt Holdings64
Holdings
Weight%
1M Change
7.18% Govt Stock 2037
7.18% Govt Stock 2037
10.29%
-12.1%
7.18% Govt Stock 2033
7.18% Govt Stock 2033
6.79%
772.5%
HDFC Bank Limited
HDFC Bank Limited
4.35%
0%
TATA Steel Limited
TATA Steel Limited
4.29%
0%
India Grid Trust 0.0788%
India Grid Trust 0.0788%
3.73%
0%

Fund Manager

Deepak Agrawal
Deepak Agrawal
Fund Manager of Kotak Medium Term Direct Annual Reinvestment of Income Dis cum Cap wdrl, since 25 March 2014

Kotak Medium Term Direct Annual Reinvestment of Income Dis cum Cap wdrl 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 8.38% since inception which is more than its category average return of 4.42%
Fund Allocations

Fund Allocations

This fund has an allocation of 5.53% in Equity, 85.68% in Debt and 7.17% in Cash related instruments
AUM size ₹1745 Cr

AUM size ₹1745 Cr

This fund has AUM of ₹1745 Cr which is more than its category average of ₹ 1528 Cr
Expense Ratio 0.66%

Expense Ratio 0.66%

This fund has an expense ratio of 0.66% which is less than its category average expense ratio of 0.97%

Frequently Asked Questions

The current NAV of Kotak Medium Term Direct Annual Reinvestment of Income Dis cum Cap wdrl is ₹22.83 as on 13-Jun-2024.
Existing (Absolute + CAGR) as on 13-Jun-2024.
Kotak Medium Term Direct Annual Reinvestment of Income Dis cum Cap wdrl
Absolute Returns
CAGR Returns
1 Month Returns
1.08%
1.08%
6 Month Returns
5.09%
5.09%
1 Year Returns
8.64%
8.64%
3 Years Returns
20.78%
6.49%
5 Years Returns
42.84%
7.39%
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0.66% as on May 2024
₹1745 Cr as on May 2024
7.18% Govt Stock 2037(10.29%), 7.18% Govt Stock 2033(6.79%), HDFC Bank Limited(4.35%), TATA Steel Limited(4.29%), India Grid Trust 0.0788%(3.73%) as on May 2024
Corporate(64.01%), Government(23.17%), Cash Equivalent(7.29%) as on May 2024
Yield to Maturity is 8.44 as on May 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 3.67 as on May 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
54.57
AA
37.41
A
8.02
Deepak Agrawal is the fund manager of Kotak Medium Term Direct Annual Reinvestment of Income Dis cum Cap wdrl
The Exit load of Kotak Medium Term Direct Annual Reinvestment of Income Dis cum Cap wdrl is 0%