August 6, 2022
mayank
Kotak Low Duration Fund – Standard Plan Guidance
NAV Growth : Rs 2,928.3294
NAV IDCW : Rs 1,244.4059
Suitable For Which Investors ?
“Low Duration debt funds invest in bonds maturing in six months to a year. They aim to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit. The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital. Retail investors can avoid these funds altogether. Here’s why. Debt funds are very finely classified depending upon the maturity of the bonds they invest in. For instance, there’s a different category of funds that invests in bonds of up to three months maturity, from the one that invests in bonds maturing in three to six months, and so on. We believe that such a nuanced classification adds little value to retail investors. They can avoid this complexity and simply invest the money they don’t need for up to a year in a Liquid fund.”
Fund’s Investment Strategy :
The scheme seeks to generate income through investment in low duration debt and money market 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
| Fund House: | Kotak Mahindra Mutual Fund |
| Launch Date: | 01-Jan-13 |
| Return Since Launch: | 8.03% |
| Benchmark: | NIFTY Low Duration Debt Index B-I |
| Riskometer: | Moderate |
| Type: | Open-ended |
| Assets: | Rs 6,624 Cr |
| (As on 31-Jul-2022) | |
| Expense Ratio: | 0.42% |
| (As on 30-Jun-2022) | |
| Risk Grade: | Average |
| Return Grade: | Above Average |
Kotak Low Duration 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 Low Duration Direct-G | 2 | -0.02 | 0.08 | 0.53 | 1.2 | 1.69 | 3.64 | 6.25 | 6.95 | 7.67 | — |
| 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: Low Duration | 2.16 | -0.03 | 0.1 | 0.46 | 1.17 | 1.86 | 4.22 | 5.79 | 5.82 | 6.57 | — |
| Rank within category | 20 | 6 | 21 | 1 | 12 | 19 | 11 | 6 | 2 | 1 | — |
| Number of funds in category | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 21 | 0 |
Kotak Low Duration 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 Low Duration Fund – Standard Plan | 4 star | Jan-13 | 3.64 | 6.25 | 6.95 | 0.42 | 6,624 |
| Aditya Birla Sun Life Low Duration Fund | 5 star | Jan-13 | 4.15 | 6.27 | 6.97 | 0.38 | 11,978 |
| Nippon India Low Duration Fund | 4 star | Jan-13 | 4.1 | 6.29 | 6.51 | 0.38 | 7,657 |
| Axis Treasury Advantage Fund | 4 star | Jan-13 | 3.8 | 5.73 | 6.69 | 0.24 | 5,352 |
| UTI Treasury Advantage Fund | 5 star | Jan-13 | 8.91 | 7.25 | 4.8 | 0.32 | 2,697 |
Portfolio Breakup
| Fund | 1Y High | 1Y Low | Category | |
| Number of Securities | 60 | 99 | 56 | 57 |
| Modified Duration (yrs) | 0.51 | 1.07 | 0.51 | 0.6 |
| Average Maturity (yrs) | 2.25 | 2.41 | 1.95 | 1.06 |
| Yield to Maturity (%) | 6.83 | 6.83 | 4.58 | 6.37 |
| Avg Credit Rating | AAA | — | — | — |
Kotak Low Duration Fund – Standard Plan Guidance by Chanakya :
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