August 4, 2022
mayank
Kotak Bond – Short Term Fund Guidance
NAV Growth : Rs 45.8744
NAV IDCW : Rs 12.9803
Suitable For Which Investors ?
“Short Duration debt funds invest mainly in bonds maturing in a period of one to three years. They are suitable for investment horizons of one 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. There have been instances when short duration funds have incurred losses.
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 provide reasonable returns and reasonably high levels of liquidity by investing in debt instruments such as bonds, debentures and Government securities; and money market instruments such as treasury bills, commercial papers, certificates of deposit, including repos in permitted securities of different maturities, so as to spread the risk across different kinds of issuers in the debt markets.
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: | 8.14% |
| Benchmark: | NIFTY Short Duration Debt Index B-II |
| Riskometer: | Low to Moderate |
| Type: | Open-ended |
| Assets: | Rs 13,114 Cr |
| (As on 30-Jun-2022) | |
| Expense Ratio: | 0.34% |
| (As on 30-Jun-2022) | |
| Risk Grade: | Average |
| Return Grade: | Average |
Kotak Bond – Short Term Fund 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 Bond Short-term Direct-G | 1.39 | -0.06 | 0.25 | 0.89 | 0.53 | 1.37 | 3.27 | 6.57 | 7.05 | 7.77 | — |
| CCIL T Bill Liquidity Weight | 1.16 | 0.01 | 0.11 | 0.24 | 0.48 | 1.03 | 2.01 | 2.61 | 3.27 | 3.64 | — |
| Debt: Short Duration | 2.13 | -0.04 | 0.24 | 0.81 | 0.56 | 2.02 | 4.56 | 6.33 | 6.19 | 7.11 | — |
| Rank within category | 18 | 26 | 10 | 8 | 17 | 19 | 11 | 9 | 5 | 4 | — |
| Number of funds in category | 26 | 29 | 29 | 29 | 29 | 27 | 25 | 24 | 21 | 21 | 0 |
Kotak Bond – Short Term Fund Guidance Peer Comparison
| Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
| Kotak Bond – Short Term Fund | 4 star | Jan-13 | 3.27 | 6.57 | 7.05 | 0.34 | 13,114 |
| ICICI Prudential Short Term Fund | 4 star | Jan-13 | 4.32 | 7.34 | 7.35 | 0.37 | 15,492 |
| HDFC Short Term Debt Fund | 4 star | Jan-13 | 3.36 | 6.94 | 7.21 | 0.29 | 13,834 |
| Nippon India Short Term Fund | 5 star | Jan-13 | 3.58 | 6.93 | 6.94 | 0.35 | 7,284 |
| Axis Short Term Fund | 4 star | Jan-13 | 3.76 | 6.86 | 7.22 | 0.28 | 6,539 |
Portfolio Breakup
| Fund | 1Y High | 1Y Low | Category | |
| Number of Securities | 97 | 146 | 97 | 44 |
| Modified Duration (yrs) | 1.21 | 2.3 | 1.08 | 1.47 |
| Average Maturity (yrs) | 2.92 | 3.91 | 2.78 | 1.93 |
| Yield to Maturity (%) | 6.87 | 6.87 | 5.14 | 6.76 |
| Avg Credit Rating | AAA | — | — | — |
Kotak Bond – Short Term Fund Guidance by Chanakya :
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