Kotak Savings Fund Direct Growth
Debt
Direct
Ultra Short Duration
NAV: ₹ 41.13 as on 24-04-2024
Fund Performance
411 people have invested ₹ 87.5L in Kotak Savings Fund Direct Growth in the last three months
Mutual Fund Insights
In the last 5 years, ICICI Prudential Ultra Short Term Fund Direct Plan Growth has given 6.61% return, outperforming this fund by 0.57% per annum.
This fund with AUM at ₹14443.01Cr is among the largest funds in the ultra short duration category.
This fund has one of the lowest expense ratio in the category (ultra short duration). Its expense ratio is 0.37% which is lower than the category average expense ratio of 0.56%.
In the last 1 year, Nippon India Ultra Short Duration Fund Direct Growth Option has given 7.79% return, outperforming this fund by 0.29%.
Over the last 6 months, this fund has increased expense ratio by 2.8% moving from 0.36 to 0.37.
Over the last 1 month, this fund has experienced a 10.8% growth in AUM moving from 13.03K Cr to 14.44K Cr.
In the last 3 years, Nippon India Ultra Short Duration Fund Direct Growth Option has given 7.54% return, outperforming this fund by 1.78% per annum.
About the Kotak Savings Fund Direct Growth
Kotak Savings 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
- Kotak Savings Fund Direct Growth has ₹14443 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 Savings Fund Direct Growth Overview
 | 0.37% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹14443 Cr |
 | 1 January, 2013 |
 | ₹100/₹100 |
 | 0% |
 | No Lock-in |
 TurnOver | 320.75% |
Kotak Savings Fund Direct Growth Distribution as on (31-Dec-69)
Credit rating breakup
AAA
90.2%
AA
9.8%
Sector Allocation
Corporate
65.8%
Government
21.8%
Cash Equivalent
12.4%
Top Holdings of Kotak Savings Fund Direct Growth as on (31-Mar-24)
Debt Holdings88
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Punjab National Bank | 3.26% | 0% | |
Union Bank of India | 3.25% | 0% | |
Rural Electrification Corporation Limited | 3.18% | 0% | |
182 DTB 22082024 | 3.04% | 0% | |
National Bank for Agriculture and Rural Development | 2.59% | 0% |
See all
Kotak Savings Fund Direct Growth: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 12.4K Cr as of Mar'24
- AUM decreased by 441.7 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Kotak Savings Fund Direct Growth Fund Manager
Deepak Agrawal
Fund Manager of Kotak Savings Fund Direct Growth, since 15 April 2008
Top funds managed
Kotak Savings Fund Direct Growth Highlights
Low to Moderate Risk
Investors understand that their principal will be at Low to Moderate Risk
About the fund
This fund has delivered an average annual returns of 7.43% since inception which is more than its category average return of 7.19%
AUM size ₹14443 Cr
This fund has AUM of ₹14443 Cr which is more than its category average of ₹ 2935 Cr
Expense Ratio 0.37%
This fund has an expense ratio of 0.37% which is less than its category average expense ratio of 0.64%
Frequently Asked Questions
The current NAV of Kotak Savings Fund Direct Growth is ₹41.13 as on 24-Apr-2024.
Existing (Absolute + CAGR) as on 24-Apr-2024.
Kotak Savings Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.78% | 0.78% |
6 Month Returns | 3.8% | 3.8% |
1 Year Returns | 7.49% | 7.49% |
3 Years Returns | 18.29% | 5.76% |
5 Years Returns | 34.07% | 6.04% |
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.
0.37% as on March 2024
₹14443 Cr as on March 2024
Punjab National Bank(3.26%), Union Bank of India(3.25%), Rural Electrification Corporation Limited(3.18%), 182 DTB 22082024(3.04%), National Bank for Agriculture and Rural Development(2.59%) as on March 2024
Corporate(65.81%), Government(21.82%), Cash Equivalent(12.37%) as on March 2024
Yield to Maturity is 7.8 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 0.51 as on March 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 90.22 |
AA | 9.78 |
Deepak Agrawal is the fund manager of Kotak Savings Fund Direct Growth
The Exit load of Kotak Savings Fund Direct Growth is 0%