Kotak Medium Term Direct Growth

Kotak Medium Term Direct Growth

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Debt
Direct
Medium Duration
NAV: ₹ 22.27 as on 27-02-2024
Fund Performance
zero opening, trading, fund transfer fee
46 people have invested ₹ 11.2L in Kotak Medium Term Direct Growth in the last three months

Mutual Fund Insights

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In the last 1 year, this fund has outperformed all funds in its category.
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This fund has one of the lowest expense ratio in the category (medium duration). Its expense ratio is 0.63% which is lower than the category average expense ratio of 0.86%.
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Over the last 1 month, this fund has experienced a 6.4% drop in AUM moving from 1.83K Cr to 1.72K Cr.
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In the last 5 years, Aditya Birla Sun Life Medium Term Plan Direct Plan Growth has given 9.45% return, outperforming this fund by 2.26% per annum.
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In the last 3 years, Aditya Birla Sun Life Medium Term Plan Direct Plan Growth has given 13.31% return, outperforming this fund by 6.55% per annum.
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Over the last 15 months, this fund has increased expense ratio by 10.5% moving from 0.57 to 0.63.

About the Kotak Medium Term Direct Growth

Kotak Medium Term Direct Growth 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 Growth has ₹1721 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.6.

Kotak Medium Term Direct Growth Overview

Expense ratio
Expense ratio
0.63%
Benchmark
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM
AUM
₹1721 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 Growth Distribution as on (31-Dec-69)

  • Equity 6.9%

  • Debt & Cash 92.8%

Sector Allocation

Jan'24

Dec'23

Nov'23

Real Estate
100%

Top Holdings of Kotak Medium Term Direct Growth as on (31-Jan-24)

  • Debt & Cash

Debt Holdings60
Holdings
Weight%
1M Change
7.18% Govt Stock 2033
7.18% Govt Stock 2033
18.92%
-2.9%
HDFC Bank Limited
HDFC Bank Limited
8.26%
0%
L&T Metro Rail (Hyderabad) Limited
L&T Metro Rail (Hyderabad) Limited
5.65%
0%
TATA Steel Limited
TATA Steel Limited
4.34%
0%
Indostar Capital Finance Limited
Indostar Capital Finance Limited
3.46%
0%

Kotak Medium Term Direct Growth: Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Jan'24
Dec'23
Nov'23
AUM
₹ 1.8K Cr
₹ 1.8K Cr
₹ 1.9K Cr
  • AUM of the fund stands at 1.8K Cr as of Jan'24
  • AUM decreased by 19.7 Cr between Jan'24 and Dec'23
Fund Portfolio Changes

Kotak Medium Term Direct Growth Fund Manager

Deepak Agrawal
Deepak Agrawal
Fund Manager of Kotak Medium Term Direct Growth, since 25 March 2014

Kotak Medium Term Direct Growth Highlights

Risk meter
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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 8.36% since inception which is more than its category average return of 4.45%
Fund Allocations

Fund Allocations

This fund has an allocation of 6.93% in Equity, 82.81% in Debt and 9.98% in Cash related instruments
AUM size ₹1721 Cr

AUM size ₹1721 Cr

This fund has AUM of ₹1721 Cr which is more than its category average of ₹ 1554 Cr
Expense Ratio 0.63%

Expense Ratio 0.63%

This fund has an expense ratio of 0.63% which is less than its category average expense ratio of 1.01%

Frequently Asked Questions

The current NAV of Kotak Medium Term Direct Growth is ₹22.27 as on 27-Feb-2024.
Existing (Absolute + CAGR) as on 27-Feb-2024.
Kotak Medium Term Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.25%
1.25%
6 Month Returns
5.02%
5.02%
1 Year Returns
9.3%
9.3%
3 Years Returns
21.7%
6.77%
5 Years Returns
41.53%
7.19%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
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  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.63% as on January 2024
₹1721 Cr as on January 2024
7.18% Govt Stock 2033(18.92%), HDFC Bank Limited(8.26%), L&T Metro Rail (Hyderabad) Limited(5.65%), TATA Steel Limited(4.34%), Indostar Capital Finance Limited(3.46%) as on January 2024
Corporate(59.09%), Government(23.97%), Cash Equivalent(10.01%) as on January 2024
Yield to Maturity is 8.22 as on January 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 3.61 as on January 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
65.13
AA
30.44
A
4.43
Deepak Agrawal is the fund manager of Kotak Medium Term Direct Growth
The Exit load of Kotak Medium Term Direct Growth is 0%