August 6, 2022
mayank
Kotak Medium Term Fund Guidance
NAV Growth : Rs 19.8609
NAV IDCW Quarterly : Rs 11.0026
NAV IDCW : Rs 19.8625
Suitable For Which Investors ?
“Medium Duration debt funds invest mainly in bonds maturing in about three to four years. They aim to earn better returns than bank fixed deposits of a similar duration. The risk of incurring a loss in these funds over the said time frame is low, but they do not guarantee returns or safety of capital.
Retail investors can avoid these funds altogether. We believe that Short Duration funds are a better alternative for the fixed-income allocation in an investor’s portfolio.
We also believe that investors with an investment horizon of more than three years may consider investing some portion of their money in equity funds to earn higher returns. They witness more severe ups and downs than debt funds but the possibility of incurring a loss reduces with an increase in one’s investment horizon.”
Fund’s Investment Strategy :
The scheme seeks to generate regular income and capital appreciation by investing in a portfolio of medium term debt and money market instruments.
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: | 21-Mar-14 |
| Return Since Launch: | 8.53% |
| Benchmark: | NIFTY Medium Duration Debt Index C-III |
| Riskometer: | Moderate |
| Type: | Open-ended |
| Assets: | Rs 1,918 Cr |
| (As on 31-Jul-2022) | |
| Expense Ratio: | 0.46% |
| (As on 30-Jun-2022) | |
| Risk Grade: | Average |
| Return Grade: | Average |
Kotak Medium 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 Medium Term Direct-G | 1.83 | -0.18 | 0.17 | 0.94 | 1.49 | 1.73 | 4.28 | 7.03 | 6.6 | 7.88 | — |
| VR Bond | 0.88 | 0.1 | 0.54 | 0.95 | 1.09 | 1.77 | 2.8 | 4.01 | 5.12 | 6.04 | — |
| Debt: Medium Duration | 2.05 | -0.21 | 0.13 | 1.58 | 2.42 | 2.35 | 4.15 | 5.92 | 5.99 | 7.13 | — |
| Rank within category | 5 | 7 | 4 | 7 | 17 | 6 | 5 | 7 | 6 | 5 | — |
| Number of funds in category | 19 | 20 | 20 | 20 | 20 | 19 | 19 | 15 | 13 | 12 | 0 |
Kotak Medium Term Fund Guidance Peer Comparison
| Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
| Kotak Medium Term Fund | 3 star | Mar-14 | 4.28 | 7.03 | 6.6 | 0.46 | 1,918 |
| SBI Magnum Medium Duration Fund | 4 star | Jan-13 | 3.06 | 7.41 | 7.64 | 0.68 | 9,290 |
| ICICI Prudential Medium Term Bond Fund | 5 star | Jan-13 | 4.4 | 7.95 | 7.29 | 0.75 | 6,332 |
| HDFC Medium Term Debt Fund | 4 star | Jan-13 | 3.31 | 6.99 | 7.13 | 0.58 | 3,635 |
| Axis Strategic Bond Fund | 4 star | Jan-13 | 4.32 | 7.58 | 7.29 | 0.39 | 1,670 |
Portfolio Breakup
| Fund | 1Y High | 1Y Low | Category | |
| Number of Securities | 51 | 68 | 51 | 42 |
| Modified Duration (yrs) | 2.16 | 3.54 | 1.92 | 2.22 |
| Average Maturity (yrs) | 4.96 | 5.75 | 4.24 | 2.99 |
| Yield to Maturity (%) | 7.57 | 7.7 | 5.89 | 7.19 |
| Avg Credit Rating | AAA | — | — | — |
Kotak Medium Term Fund Guidance by Chanakya :
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