April 22, 2024
mayank
Kotak FMP Series 330-98 Days 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 Manager
- Should You Invest in this NFO?
- Invest Online
What is the Kotak FMP Series 330-98 Days Open Date, Close Date?
NFO opens on April 25, 2024
NFO will close on April 29, 2024
What is the Investment Strategy?
The Scheme seeks to generate income by investing in debt and money market securities, maturing on or before the maturity of the scheme.
Basic Details
| Fund House | Kotak Mahindra Mutual Fund |
| Issue Open | 25 April 2024 |
| Issue Close | 29 April 2024 |
| Type | Closed-end |
| Category | Debt: Fixed Maturity |
| Min. Investment(Rs) | 5,000 |
| Plans | Growth, IDCW |
| Tenure (Days) | 98 |
| Riskometer | Low |
| Benchmark | NIFTY Ultra Short Duration Debt |
What is the Benchmark Index?
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 (( Returns as on Mar 31, 2024 ))
| 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 | 0.11 | 0.10 | 0.11 | 7.65 | 1.84 | 3.67 | 7.33 | 5.58 | 6.84 |
| NIFTY Ultra Short Duration Debt Index | 0.33 | 0.31 | 0.33 | 8.01 | 1.96 | 3.82 | 7.80 | 5.98 | 7.45 |
| NIFTY Low Duration Debt Index | 0.68 | 0.63 | 0.69 | 7.94 | 1.95 | 3.70 | 7.70 | 5.72 | 7.46 |
| NIFTY Money Market Index | 0.35 | 0.33 | 0.35 | 7.83 | 1.91 | 3.73 | 7.56 | 5.65 | 7.10 |
| NIFTY Short Duration Debt Index | 1.98 | 1.85 | 2.15 | 7.77 | 1.85 | 3.64 | 7.49 | 5.51 | 7.63 |
| NIFTY Medium Duration Debt Index | 3.34 | 3.16 | 3.81 | 7.55 | 1.95 | 3.76 | 7.67 | 5.46 | 7.69 |
| NIFTY Medium to Long Duration Debt Index | 5.56 | 5.28 | 7.24 | 7.50 | 2.51 | 4.19 | 8.24 | 5.62 | 7.77 |
| NIFTY Long Duration Debt Index | 8.71 | 8.31 | 17.59 | 7.42 | 3.78 | 5.52 | 9.61 | 6.02 | 7.82 |
| NIFTY Composite Debt Index | 5.23 | 4.97 | 8.50 | 7.55 | 2.54 | 4.31 | 8.29 | 5.71 | 7.75 |
| NIFTY Corporate Bond Index | 2.61 | 2.42 | 2.88 | 7.98 | 1.92 | 3.62 | 7.71 | 5.66 | 8.01 |
| NIFTY Credit Risk Bond Index | 2.04 | 1.89 | 2.25 | 9.09 | 2.14 | 4.15 | 9.16 | 7.92 | 8.84 |
| NIFTY Banking & PSU Debt Index | 2.57 | 2.39 | 3.03 | 7.74 | 2.03 | 3.68 | 7.29 | 5.30 | 7.58 |
| NIFTY All Duration G-Sec Index | 7.71 | 7.45 | 15.47 | 7.21 | 3.13 | 5.37 | 9.17 | 5.86 | 7.21 |
Performance Review of the Fund Manager of Kotak FMP Series 330-98 Days?
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.
Past Performance of his Schemes
| Fund | Kotak Money Market Fund | It’s Benchmark | Kotak Liquid | It’s Benchmark |
| 1 Year | 7.64 | 4.60 | 7.32 | 4.60 |
| 3 Year | 5.86 | 3.29 | 5.56 | 3.29 |
| 5 Year | 5.97 | 3.28 | 5.22 | 3.28 |
| 7 Year | 6.42 | 3.54 | 5.77 | 3.54 |
| 10 Year | 6.95 | 4.00 | 6.47 | 4.00 |
As on 22-4-2024
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 Corporate Bond Fund – Standard Plan | It’s Benchmark | Kotak Floating Rate Fund | It’s Benchmark |
| 1 Year | 7.31 | 7.04 | 7.79 | 4.60 |
| 3 Year | 5.73 | 5.14 | 6.17 | 3.29 |
| 5 Year | 6.88 | 5.77 | — | — |
| 7 Year | 7.14 | 5.82 | — | — |
| 10 Year | 8.18 | 6.73 | — | — |
As on 22-4-2024
Which Company Owns Kotak FMP Series 330-98 Days?
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
Is it good to invest in Kotak FMP Series 330-98 Days NFO?
Guidance for Kotak FMP Series 330-98 Days by Paresh Gordhandas, C.A., Research Analyst.
Will Post Soon
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