August 4, 2022
mayank
Kotak Corporate Bond Fund – Standard Plan Guidance
NAV Growth : Rs 3,151.1859
NAV IDCW Monthly : Rs 1,078.1288
Suitable For Which Investors ?
“Corporate Bond funds invest mainly in high-grade corporate bonds (those with a credit rating of AA+ and above). They are suitable for a short investment horizon of two to three years, or for the fixed-income allocation in your longer-term portfolio. You can expect to earn higher returns than what a bank fixed deposit can fetch.
The risk of incurring a loss in these funds is low, but they do not guarantee returns or safety of capital like a bank deposit.
Remember, their returns may not be substantially higher than inflation. They are meant to deliver steady, but low to moderate returns and are not suitable to build wealth in the long run.”
Fund’s Investment Strategy :
The scheme seeks to generate income by investing in debt /and money market securities across the yield curve and predominantly in AA+ and above rated corporate securities.
Fund Manager :
— Deepak Agrawal
Education : Mr. Agrawal is Post Graduate in Commerce from Mumbai University, Chartered Accountant, Company Secretary and CFA.
Experience : He has been associated with Kotak AMC since 2000.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 1,000 |
| Min. No of Cheques | 6 |
| Min. Withdrawal (Rs) | 1,000 |
| Min. Balance (RS) | 1,000 |
| Lock-in Period | Not Applicable |
| Exit Load | 0 |
Basic Details
| c | Kotak Mahindra Mutual Fund |
| Launch Date: | 01-Jan-13 |
| Return Since Launch: | 8.12% |
| Benchmark: | CRISIL Corporate Bond Fund BII Index |
| Riskometer: | Low to Moderate |
| Type: | Open-ended |
| Assets: | Rs 8,902 Cr |
| (As on 30-Jun-2022) | |
| Expense Ratio: | 0.30% |
| (As on 30-Jun-2022) | |
| Risk Grade: | Below Average |
| Return Grade: | Average |
Kotak Corporate Bond Fund – Standard Plan Guidance Trailing Returns (%)
| YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
| Kotak Corporate Bond Direct-G | 1.64 | -0.04 | 0.23 | 0.77 | 0.49 | 1.52 | 3.43 | 6.37 | 7.08 | 7.56 | — |
| VR Bond | 0.78 | 0 | 0.53 | 1.02 | 0.68 | 1.68 | 2.67 | 3.98 | 5.12 | 6.02 | — |
| Debt: Corporate Bond | 1.19 | -0.04 | 0.27 | 0.86 | 0.43 | 1.29 | 2.86 | 6.36 | 6.71 | 7.47 | — |
| Rank within category | 7 | 9 | 13 | 15 | 10 | 8 | 5 | 12 | 5 | 7 | — |
| Number of funds in category | 22 | 22 | 22 | 22 | 22 | 22 | 21 | 19 | 14 | 12 | 0 |
Kotak Corporate Bond Fund – Standard Plan Guidance Peer Comparison
| Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
| Kotak Corporate Bond Fund – Standard Plan | 4 star | Jan-13 | 3.43 | 6.37 | 7.08 | 0.3 | 8,902 |
| ICICI Prudential Corporate Bond Fund | 4 star | Jan-13 | 3.74 | 6.78 | 7.04 | 0.27 | 15,110 |
| Aditya Birla Sun Life Corporate Bond Fund | 5 star | Jan-13 | 3.34 | 6.96 | 7.25 | 0.3 | 13,321 |
| Axis Corporate Debt Fund | 5 star | Jul-17 | 3.77 | 7.41 | 7.37 | 0.25 | 3,520 |
| Nippon India Corporate Bond Fund | 5 star | Jan-13 | 3.88 | 6.64 | 6.93 | 0.27 | 2,019 |
Portfolio Breakup
| Fund | 1Y High | 1Y Low | Category | |
| Number of Securities | 89 | 102 | 89 | 60 |
| Modified Duration (yrs) | 0.98 | 1.9 | 0.93 | 1.89 |
| Average Maturity (yrs) | 2.56 | 3.32 | 2.41 | 2.71 |
| Yield to Maturity (%) | 6.82 | 6.82 | 5 | 6.84 |
| Avg Credit Rating | AAA | — | — | — |
Kotak Corporate Bond Fund – Standard Plan Guidance by Chanakya :
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