August 6, 2022
mayank
Kotak Liquid Guidance
NAV Growth : Rs 4,366.2622
NAV IDCW Daily : Rs 1,222.8100
Suitable For Which Investors ?
“Liquid funds invest in bonds having maturity of up to three months. They are suitable to park the amount you have set aside to meet any emergency needs or any surplus money that you don’t need for a few weeks up to a year. You can expect to earn better returns than what you would get from a bank account.
The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital. Though rare, there have been few instances when liquid funds have incurred losses.
Remember, these funds are geared to deliver only marginally higher returns than your bank account. They deliver steady, but low returns and are not suitable to build wealth in the long run.”
Fund’s Investment Strategy :
The scheme seeks to provide a high level of liquidity along with reasonable returns through investments in money and other short-term debt instruments.
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) | 500 |
| Min. Addl Investment (Rs) | 500 |
| Min. SIP Investment (Rs) | 1,000 |
| Min. No of Cheques | 6 |
| Min. Withdrawal (Rs) | — |
| Min. Balance (Rs) | — |
| Lock-in Period | Not Applicable |
| Exit Load | Exit load of 0.0070% if redeemed within 1 day |
| 0.0065% if redeemed within 2 days | |
| 0.0060% if redeemed within 3 days | |
| 0.0055% if redeemed within 4 days | |
| 0.0050% if redeemed within 5 days | |
| 0.0045% if redeemed within 6 days. |
Basic Details
| Fund House: | Kotak Mahindra Mutual Fund |
| Launch Date: | 01-Jan-13 |
| Return Since Launch: | 6.76% |
| Benchmark: | NIFTY Liquid Index B-I |
| Riskometer: | Low to Moderate |
| Type: | Open-ended |
| Assets: | Rs 29,483 Cr |
| (As on 31-Jul-2022) | |
| Expense Ratio: | 0.20% |
| (As on 30-Jun-2022) | |
| Risk Grade: | — |
| Return Grade: | Average |
Kotak Liquid 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 Liquid Direct-G | 2.37 | 0.01 | 0.11 | 0.39 | 1.17 | 2.05 | 3.79 | 4.06 | 5.3 | 5.9 | — |
| CCIL T Bill Liquidity Weight | 1.21 | 0.05 | 0.09 | 0.28 | 0.61 | 1.05 | 2.04 | 2.63 | 3.27 | 3.65 | — |
| Debt: Liquid | 2.39 | 0.01 | 0.11 | 0.4 | 1.18 | 2.05 | 3.79 | 4.06 | 5.31 | 5.91 | — |
| Rank within category | 25 | 23 | 16 | 35 | 27 | 25 | 24 | 24 | 23 | 23 | — |
| Number of funds in category | 37 | 37 | 37 | 37 | 37 | 37 | 37 | 36 | 32 | 31 | 1 |
Kotak Liquid Guidance Peer Comparison
| Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
| Kotak Liquid | 3 star | Jan-13 | 3.79 | 4.06 | 5.3 | 0.2 | 29,483 |
| Aditya Birla Sun Life Liquid Fund | 4 star | Jan-13 | 3.84 | 4.17 | 5.43 | 0.21 | 32,891 |
| Baroda BNP Paribas Liquid Fund | 5 star | Jan-13 | 3.88 | 4.15 | 5.41 | 0.19 | 6,654 |
| LIC MF Liquid Fund | 4 star | Jan-13 | 3.8 | 4.17 | 5.39 | 0.11 | 5,293 |
| Mirae Asset Cash Management Fund | 4 star | Jan-13 | 3.83 | 4.14 | 5.38 | 0.17 | 3,472 |
Portfolio Breakup
| Fund | 1Y High | 1Y Low | Category | |
| Number of Securities | 94 | 94 | 55 | 57 |
| Modified Duration (yrs) | 0.12 | 0.14 | 0.08 | 0.09 |
| Average Maturity (yrs) | 0.12 | 0.14 | 0.08 | 0.09 |
| Yield to Maturity (%) | 5.52 | 5.52 | 3.27 | 5.67 |
| Avg Credit Rating | AAA | — | — | — |
Kotak Liquid Guidance by Chanakya :
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