November 21, 2023
mayank
Kotak FMP Series 324-109 Days NFO, Fund details, Fund Portfolio, Fund Returns, Peer Comparison, Mutual Fund Guidance @chanakyamfguidance
Table of Contents:
- NFO Open date, Close date
- NFO Investment Strategy
- NFO Basic Details
- NFO Benchmark Index
- Performance Review of Fund Managers
- Should You Invest in this NFO?
- Invest Online
What is the Kotak FMP Series 324-109 Days NFO Open Date, Close Date?
NFO Opens on November 20, 2023
NFO Closes on November 22, 2023
What is Fund Investment Strategy?
The scheme seeks to generate returns through investments in debt and money market instruments with a view to reduce the interest rate risk.
Basic Details of Kotak FMP Series 324-109 Days NFO?
| Fund House | Kotak Mahindra Mutual Fund |
| Issue Open | 20 November 2023 |
| Issue Close | 22 November 2023 |
| Type | Closed-end |
| Category | Debt: Fixed Maturity |
| Min. Investment(Rs) | 5,000 |
| Plans | Growth, IDCW |
| Tenure (Days) | 109 |
| Riskometer | Moderate |
| Benchmark | NIFTY Ultra Short Duration Debt |
What is the Benchmark Index of Kotak FMP Series 324-109 Days NFO?
NIFTY Fixed Income Aggregate Indices consist of 13 indices which measure the performance of various fixed income portfolios covering Government securities, Corporate bonds of different credit rating categories, Commercial papers, Certificate of deposits, T-Bills and Overnight rate.
| Index Characteristics | |
| Methodology | Total Returns |
| Launch Date | February 09, 2018 |
| Base Date | September 03, 2001 |
| Base Value | 1000 |
| Calculation Frequency | Daily – End of day |
| Weight Reset Frequency | Monthly |
Statistics of Kotak FMP Series 324-109 Days NFO
| Index Name | Avg. Macaulay Duration* | Avg. Modified Duration* | Avg. Maturity* | Avg. Yield %* | 3 M | 6 M | 1 Yr. | 3 Yr. | Since Inception |
| NIFTY Liquid Index | 0.09 | 0.09 | 0.10 | 7.20 | 1.74 | 3.53 | 7.08 | 5.00 | 6.83 |
| NIFTY Ultra Short Duration Debt Index | 0.31 | 0.28 | 0.34 | 7.68 | 1.80 | 3.75 | 7.69 | 5.42 | 7.44 |
| NIFTY Low Duration Debt Index | 0.64 | 0.59 | 0.64 | 7.87 | 1.69 | 3.62 | 7.58 | 5.20 | 7.45 |
| NIFTY Money Market Index | 0.36 | 0.33 | 0.36 | 7.55 | 1.73 | 3.60 | 7.37 | 5.06 | 7.09 |
| NIFTY Short Duration Debt Index | 1.68 | 1.57 | 1.80 | 7.87 | 1.44 | 3.17 | 7.14 | 4.98 | 7.62 |
| NIFTY Medium Duration Debt Index | 3.28 | 3.08 | 3.79 | 7.92 | 1.17 | 2.68 | 7.13 | 4.71 | 7.68 |
| NIFTY Medium to Long Duration Debt Index | 5.63 | 5.35 | 7.43 | 7.82 | 0.76 | 2.17 | 7.29 | 4.37 | 7.71 |
| NIFTY Long Duration Debt Index | 7.97 | 7.60 | 13.47 | 7.74 | 0.44 | 1.78 | 7.51 | 4.06 | 7.70 |
| NIFTY Composite Debt Index | 4.85 | 4.61 | 6.87 | 7.85 | 0.90 | 2.38 | 7.28 | 4.54 | 7.70 |
| NIFTY Corporate Bond Index | 2.33 | 2.17 | 2.59 | 8.19 | 1.40 | 3.17 | 7.27 | 5.17 | 8.01 |
| NIFTY Credit Risk Bond Index | 1.96 | 1.82 | 2.17 | 9.47 | 1.92 | 4.14 | 9.20 | 7.76 | 8.84 |
| NIFTY Banking & PSU Debt Index | 2.54 | 2.36 | 3.01 | 7.78 | 1.33 | 2.74 | 6.80 | 4.59 | 7.57 |
| NIFTY All Duration G-Sec Index | 6.65 | 6.41 | 10.56 | 7.54 | 0.54 | 1.78 | 7.56 | 3.92 | 7.09 |
Performance Review of the Fund Managers of Kotak FMP Series 324-109 Days NFO
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 2000.
Past Performance of his Schemes
| Fund | Kotak Money Market Fund | It’s Benchmark | Kotak Liquid | It’s Benchmark |
| 1 Year | 7.32 | 4.35 | 6.90 | 4.35 |
| 3 Year | 5.14 | 2.89 | 4.80 | 2.89 |
| 5 Year | 5.95 | 3.29 | 5.10 | 3.29 |
| 7 Year | 6.26 | 3.49 | 5.62 | 3.49 |
| 10 Year | 6.93 | 4.05 | 6.46 | 4.05 |
2) Manu Sharma
Education: Mr. Sharma has done M.Com and CA.
Experience: He has over 17 years of experience in fields of Fixed Income Fund Management, Operations, Finance Audit and Taxation.
Past Performance of his Schemes
| Fund | Kotak Low Duration Fund – Standard Plan | It’s Benchmark | Kotak Corporate Bond Fund – Standard Plan | It’s Benchmark |
| 1 Year | 6.63 | 4.35 | 6.61 | 6.70 |
| 3 Year | 4.57 | 2.89 | 4.68 | 4.13 |
| 5 Year | 6.12 | 3.29 | 6.77 | 5.82 |
| 7 Year | 6.35 | 3.49 | 6.76 | 5.43 |
| 10 Year | 7.27 | 4.05 | 7.69 | 6.70 |
Which Company Owns Kotak FMP Series 324-109 Days NFO?
Kotak Mahindra Asset Management Company Ltd
Address: The Capital Building, Behind ICICI Bank, G Block BKC, Bandra Kurla Complex Bandra (E) Mumbai – 400051
Website: https://www.kotakmf.com/
Registrar & Transfer Agent:
Computer Age Management Services Ltd.
Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai – 600002
Website: www.camsonline.com
Should I Invest in Kotak FMP Series 324-109 Days NFO
Guidance for Kotak FMP Series 324-109 Days NFO by Paresh Gordhandas, C.A., Research Analyst.
Will Post Soon
>> Post your MF questions @ sahifund.com/ask-me/
>> Stock Research Reports:
https://www.analysislibrary.com/
>> NFO Guidance:
https://sahifund.com/category/nfos/
>> Chanakya’s Mutual Fund Guidance on YouTube
https://www.youtube.com/c/ChanakyaNiPothi
>> Join Chanakya MF’s Telegram Channel @
https://t.me/chanakyaMFGuidance
>> For Higher studies, Interview skills, Competitive Exam books
http://www.gyanpothi.com/search-institutes/
>> Get Good Staff or Job, Click: Staffavailable.com
>> To apply for Government & PSU jobs, click
https://www.staffavailable.com/government-psu-jobs/
>> Go to IPOs Analysis Section, Click
>> Interested in Used Automobiles or vintage cars? Click: BigGaddi.com
>> Interested in Crossword Puzzles? Click: magajmari.com