Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund Direct Growth

Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund Direct Growth

Debt

Direct

Index Funds - Fixed Income

NAV as on 07-11-2024

₹ 11.7

Inception Returns

5.9%

/yr

About Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund Direct Growth

Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund Direct Growth is a debt fund. This fund was started on 18 February, 2022. The fund is managed by Abhishek Bisen. This fund is suitable to keep your money safe.

Key Parameters

  1. Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund Direct Growth has ₹8068 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.2.

Returns

Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund Direct Growth has given a CAGR return of 5.94% since inception. Over the last 1 year the fund has given a CAGR return of 8.96%.

Holdings

Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund Direct Growth has allocated its funds majorly in Government, Cash Equivalent. Its top holdings are 07.86 KA Sdl 2027, 07.59 KA Sdl 2027, 07.59 Ka Sdl 2027mar, 07.59 GJ Sdl 2027, 07.62 Up SDL 2027

Taxation

As it is a index funds - fixed income 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 Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund Direct Growth

The investment objective of the scheme is to track the Nifty SDL Apr 2027 Top 12 Equal Weight Index by investing in SDLs, maturing on or before Apr 2027, subject to tracking errors. However, 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 Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
6 people have invested ₹ 7.7K in Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund Direct Growth in the last three months

Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund Direct Growth Overview

Expense ratio0.2%
Benchmark
IISL Nifty SDL Apr 2027 Top 12 EW TR INR
AUM₹8068 Cr
Inception Date18 February, 2022
Min Lumpsum/SIP₹100/₹100
Exit Load
0.1%
Lock InNo Lock-in
TurnOver
9.92%
STCGSelling within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Moderate Risk

Trailing Returns

as on (07-Nov-24)

Period
Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund Direct Growth
Medium to Long Duration Index
1M
0.5%
-
3M
1.9%
-
6M
4.5%
-
1Y
9%
-

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 100%

AAA
100%

Sector Allocation

Sep'24

Aug'24

Jul'24

Government
98.5%
Cash Equivalent
1.5%
All changes are between Oct'69 and Dec'69
Parameters
Sep'24
Aug'24
Jul'24
AUM
₹ 8.1K Cr
₹ 8.1K Cr
₹ 8.1K Cr
  • AUM of the fund stands at 8.1K Cr as of Sep'24
  • AUM decreased by 27.2 Cr between Sep'24 and Aug'24
Cash allocation has gone down from 2.8% to 1.5%
Cash allocation has gone down from 2.8% to 1.5%
Debt allocation has gone up from 97.2% to 98.5%
Debt allocation has gone up from 97.2% to 98.5%

Top Sector in September was Government

Sep'24
Government
98%
Aug'24
Government
97%
  • Debt & Cash

Holdings
Weight%
1M Change
07.86 KA Sdl 2027
07.86 KA Sdl 2027
7.62%
4.3%
07.59 KA Sdl 2027
07.59 KA Sdl 2027
6.61%
0%
07.59 Ka Sdl 2027mar
07.59 Ka Sdl 2027mar
6.06%
0%
07.59 GJ Sdl 2027
07.59 GJ Sdl 2027
4.88%
0%
07.62 Up SDL 2027
07.62 Up SDL 2027
3.91%
0%
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Abhishek Bisen
Abhishek Bisen
Fund Manager of Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund Direct Growth, since 18 February 2022
Fund House
Kotak Mahindra Asset Management Co Ltd
Total Schemes
Total AUM
₹4.68L Cr
as on 30-Sep-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

Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund Direct Growth Highlights

Risk meter
pointer

Moderate Risk

Investors understand that their principal will be at Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 5.94% since inception which is less than its category average return of 6.37%
AUM size ₹8068 Cr

AUM size ₹8068 Cr

This fund has AUM of ₹8068 Cr which is more than its category average of ₹ 1405 Cr
Expense Ratio 0.2%

Expense Ratio 0.2%

This fund has an expense ratio of 0.2% which is less than its category average expense ratio of 0.26%

Frequently Asked Questions for Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund Direct Growth

The current NAV of Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund Direct Growth is ₹11.7 as on 07-Nov-2024.
Existing (Absolute + CAGR) as on 07-Nov-2024.
Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.53%
0.53%
6 Month Returns
4.48%
4.48%
1 Year Returns
8.96%
8.96%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
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.
0.2% as on October 2024
₹8068 Cr as on October 2024
07.86 KA Sdl 2027(7.62%), 07.59 KA Sdl 2027(6.61%), 07.59 Ka Sdl 2027mar(6.06%), 07.59 GJ Sdl 2027(4.88%), 07.62 Up SDL 2027(3.91%) as on October 2024
Yield to Maturity is 7.04 as on October 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 2.12 as on October 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 Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund Direct Growth
The Exit load of Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund Direct Growth is 0.15%