June 30, 2025
mayank
Kotak Credit Risk Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 33.1600
NAV IDCW: Rs 24.9063
Suitable For Which Investors?
“Credit risk funds invest mainly in bonds which are rated AA or below by credit rating agencies. The lower rating indicates a higher possibility of these bonds defaulting on repayment of investors’ money. Therefore, these funds are the riskiest among debt fund categories. But they compensate for this additional risk with a higher return potential as these bonds offer better rates of interest than the highest rated bonds.
However, retail investors can avoid these funds altogether. There are far too many kinds of debt funds with a highly nuanced classification based on the type or duration of bonds they can invest in. We believe that so many fund categories add to complexity which is easily avoidable. Retail investors can simply invest in Liquid funds for an investment horizon of up to one year and Short Duration funds for the fixed income allocation (which should be 100 per cent for an investment horizon of up to three years) in their longer-term portfolios.”
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 rated and below corporate securities.
Fund Manager:
1) 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 2002.
2) Sunit Garg
Education: Mr. Garg has done B.Com, CA and PGDBM (Finance).
Experience: Prior to joining Kotak Mutual Fund, he has worked with FirstRand Bank, Barclays Bank Plc, ICICI Bank Limited and Export Import Bank of India.
Investment Details
| Min. Investment (Rs) | 100 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | 1,000 |
| Min. No of Cheques | 1 |
| Min. Balance (Rs) | 1,000 |
| Lock-in Period | NA |
| Exit Load | For units in excess of 6% of the investment, 1% will be charged for redemption within 365 days |
Basic Details of Kotak Credit Risk Fund
| Fund House | Kotak Mahindra Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 8.27% |
| Benchmark | CRISIL Credit Risk Debt B-II Index |
| Riskometer | High |
| Type | Open-ended |
| Assets | Rs 704 Cr |
| (As on 31-May-2025) | |
| Expense | 0.81% |
| (As on 31-May-2025) | |
| Risk Grade | High |
| Return Grade | Below Average |
Trailing Returns (%) of Kotak Credit Risk Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Kotak Credit Risk Dir | 5.59 | -0.02 | 0.54 | 3.19 | 5.48 | 8.95 | 8.14 | 6.97 | 7.31 | 7.93 |
| CCIL T Bill Liquidity Weight | 2.75 | 0.10 | 0.45 | 1.52 | 2.75 | 5.23 | 4.55 | 3.53 | 3.74 | 3.94 |
| Debt: Credit Risk | 7.26 | 0.00 | 0.48 | 3.61 | 7.34 | 12.03 | 9.51 | 10.19 | 6.70 | 7.41 |
| Rank within category | 5 | 10 | 4 | 4 | 6 | 12 | 11 | 13 | 9 | 9 |
| Number of funds in category | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 13 |
Peer Comparison of Kotak Credit Risk Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | |
| Kotak Credit Risk Dir | 1 star | 8.95 | 8.14 | 6.97 | 0.81 | 704 | 8.27 | 1.00 (365) | 12Y 5M |
| Nippon India Credit Risk Dir | 5 star | 10.33 | 9.02 | 9.54 | 0.70 | 1,017 | 7.56 | 1.00 (365) | 12Y 5M |
| HDFC Credit Risk Debt Dir | 3 star | 9.52 | 8.28 | 8.03 | 1.03 | 7,112 | 8.85 | 1.00 (365) | 11Y 3M |
| ICICI Pru Credit Risk Dir | 2 star | 10.30 | 8.82 | 8.34 | 0.76 | 6,135 | 8.97 | 1.00 (365) | 12Y 5M |
| SBI Credit Risk Dir | 3 star | 9.41 | 8.79 | 7.81 | 0.89 | 2,245 | 8.69 | 3.00 (365) | 12Y 5M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 34 | 32 |
| Macaulay Duration (yrs) | 2.33 | 2.24 |
| Average Maturity (yrs) | 2.79 | 2.98 |
| Yield to Maturity (%) | 8.00 | 7.46 |
| Avg Credit Rating | AA | — |
Chanakya’s Mutual Fund Guidance For Kotak Credit Risk Fund
WILL Post Soon
Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
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