December 13, 2022
mayank
Guidance for NFO of Kotak Nifty SDL Jul 2026 Index Fund
by Paresh Gordhandas, C.A., Research Analyst.
Updated Soon
NFO of Kotak Nifty SDL Jul 2026 Index Fund
NFO opens on December 13 ,2022
NFO will close on December 20 ,2022
(Our detailed Guidance is given at the bottom of the Page)
Investment Strategy
The scheme seeks to track the Nifty SDL Jul 2026 Index by investing in SDLs, maturing on or before July 2026, subject to tracking difference.
Basic Details
| Fund House | Kotak Mahindra Mutual Fund |
| Issue Open | 13 December 2022 |
| Issue Close | 20 December 2022 |
| Type | Open-ended |
| Category | Debt: Target Maturity |
| Min. Investment(Rs) | 5,000 |
| Plans | Growth, IDCW |
| Lock-in Period | NA |
| Exit Load | |
| Riskometer | Moderate |
| Benchmark | Nifty SDL Jul 2026 |
About Benchmark Index
Nifty SDL Jul 2026 Index seeks to measure the performance of portfolio of State Development Loans (SDLs) maturing during the six month period ending July 31, 2026.
Methodology
i. Index represents the performance of maturity-targeted
SDL market
ii. Index holds SDLs issued by States/UTs, maturing during
the six month period ending July 31, 2026
iii. The index is reviewed at the end of every calendar half
year
Features
➢ Methodology: Total Return
➢ No. of Constituents: 12
➢ No. of Issuer in the index: 12
➢ Base Value: 1000
➢ Base Date: December 09, 2022
➢ Index Maturity Date: July 31, 2026
Index Level Average Statistics
| Index Name | Yield | Residual Maturity | Macaulay’s Duration |
| Nifty SDL Jul 2026 Index | 7.31% | 3.58 | 3.12 |
Issuer Level Average Statistics
| Sr. no. | Issuer Name | Yield | Residual Maturity | Macaulay’s Duration |
| 1 | UTTAR PRADESH GOVERNMENT | 7.33% | 3.63 | 3.15 |
| 2 | TAMIL NADU GOVERNMENT | 7.32% | 3.63 | 3.15 |
| 3 | MAHARASHTRA GOVERNMENT | 7.31% | 3.63 | 3.15 |
| 4 | GUJARAT GOVERNMENT | 7.32% | 3.63 | 3.15 |
| 5 | WEST BENGAL GOVERNMENT | 7.32% | 3.63 | 3.15 |
| 6 | TELENGANA GOVERNMENT | 7.30% | 3.63 | 3.15 |
| 7 | KERALA GOVERNMENT | 7.32% | 3.63 | 3.15 |
| 8 | RAJASTHAN GOVERNMENT | 7.31% | 3.61 | 3.20 |
| 9 | KARNATAKA GOVERNMENT | 7.30% | 3.60 | 3.22 |
| 10 | ANDHRA PRADESH GOVERNMENT | 7.32% | 3.59 | 3.11 |
| 11 | PUNJAB GOVERNMENT | 7.31% | 3.42 | 3.05 |
| 12 | BIHAR GOVERNMENT | 7.29% | 3.25 | 2.85 |
Fund Manager
1) Abhishek Bisen
Education : Mr. Bisen is a BA and MBA in Finance.
Experience : Prior to joining Kotak AMC, he was working with Securities Trading Corporation Of India Ltd where he was looking at Sales & Trading of Fixed Income Products apart from doing Portfolio Advisory. His earlier assignments also include 2 years of merchant banking experience with a leading merchant banking firm.
Past Performance of his Schemes
| Fund | Kotak Equity Hybrid Fund – Regular Plan | It’s Benchmark | Kotak Equity Savings Fund – Regular Plan | It’s Benchmark |
| 1 Year | 5.69 | 6.51 | 6.78 | 4.58 |
| 3 Year | 17.32 | 15.29 | 9.71 | 9.13 |
| 5 Year | 11.75 | 12.68 | 8.27 | 8.51 |
| 7 Year | 13.24 | 13.55 | 8.89 | 9.04 |
| 10 Year | 12.55 | 12.38 | — | — |
AMC:
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
*Post your MF questions @ sahifund.com/ask-me/
IPO Details & Guidance @ chanakyanipothi.com