Dezerv

Fund Overview

Fund Size

Fund Size

₹3,871 Cr

Expense Ratio

Expense Ratio

0.24%

ISIN

ISIN

INF174KA1EC0

Minimum SIP

Minimum SIP

₹100

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

14 May 2019

About this fund

Kotak Floating Rate Fund Direct Growth is a Floating Rate mutual fund schemes offered by Kotak Mahindra Mutual Fund. This fund has been in existence for 5 years and 6 days, having been launched on 14-May-19.
As of 17-May-24, it has a Net Asset Value (NAV) of ₹1399.77, Assets Under Management (AUM) of 3871.48 Crores, and an expense ratio of 0.24%.
  • Kotak Floating Rate Fund Direct Growth has given a CAGR return of 6.94% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 97.58% in debts, and 2.07% in cash & cash equivalents.
  • You can start investing in Kotak Floating Rate Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+7.73%

+6.58% (Cat Avg.)

3 Years

+6.00%

+5.36% (Cat Avg.)

5 Years

+6.93%

+6.20% (Cat Avg.)

Since Inception

+6.94%

(Cat Avg.)

Portfolio Summaryas of 30th April 2024

Debt3,777.76 Cr97.58%
Others93.73 Cr2.42%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
8.34% Govt Stock 2033Bond - Gov't/Treasury906.39 Cr23.41%
HDFC Bank LimitedBond - Corporate Bond398.95 Cr10.30%
LIC Housing Finance Ltd. 0.0784%Bond - Corporate Bond199.65 Cr5.16%
8.12% Govt Stock 2031Bond - Gov't/Treasury168.51 Cr4.35%
Pipeline Infrastructure Ltd. 0.0796%Bond - Corporate Bond165.36 Cr4.27%
Small Industries Development Bank of India 0.0768%Bond - Corporate Bond149.62 Cr3.86%
Canara BankBond - Corporate Bond148.18 Cr3.83%
Ongc Petro Additions LimitedBond - Corporate Bond147.69 Cr3.81%
8% Govt Stock 2034Bond - Gov't/Treasury125.5 Cr3.24%
Small Industries Development Bank Of IndiaBond - Corporate Bond123.77 Cr3.20%
FIRST BUSINESS RECEIVABLES TRUSTBond - Asset Backed101 Cr2.61%
FIRST BUSINESS RECEIVABLES TRUSTBond - Asset Backed100.8 Cr2.60%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond99.99 Cr2.58%
Hdb Financial Services LimitedBond - Corporate Bond99.93 Cr2.58%
Sundaram Home Finance Limited 0.0815%Bond - Corporate Bond99.91 Cr2.58%
Muthoot Finance Ltd. 0.089%Bond - Corporate Bond99.9 Cr2.58%
Bank Of BarodaBond - Corporate Bond86.27 Cr2.23%
Net Current Assets/(Liabilities)Cash78.28 Cr2.02%
Dlf Home Developers Limited 0.085%Bond - Corporate Bond74.88 Cr1.93%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond74.6 Cr1.93%
State Bank Of IndiaBond - Corporate Bond72.89 Cr1.88%
Rural Electrification Corporation LimitedBond - Corporate Bond59.85 Cr1.55%
LIC Housing Finance LimitedBond - Corporate Bond49.73 Cr1.28%
VAJRA 008 TRUSTBond - Asset Backed47.89 Cr1.24%
Bharti Telecom LimitedBond - Corporate Bond40.08 Cr1.04%
Bajaj Housing Finance LimitedBond - Corporate Bond24.94 Cr0.64%
Rural Electrification Corporation LimitedBond - Corporate Bond24.88 Cr0.64%
Embassy Office Parks ReitBond - Corporate Bond24.83 Cr0.64%
Indian BankBond - Corporate Bond15.07 Cr0.39%
Pipeline Infrastructure Ltd. 0.0796%Bond - Corporate Bond14.96 Cr0.39%
SBI ALTERNATIVE INVESTMENT FUNDMutual Fund - Open End13.55 Cr0.35%
Bahadur Chand Investments Private Limited 0.0925%Bond - Corporate Bond12.36 Cr0.32%
Bahadur Chand Investments Private Limited 0.0925%Bond - Corporate Bond12.29 Cr0.32%
Godrej Industries LimitedBond - Corporate Bond5 Cr0.13%
State Bank Of IndiaBond - Corporate Bond1.99 Cr0.05%
Triparty RepoCash - Repurchase Agreement1.9 Cr0.05%
08.10 Up SDL 2025Bond - Gov't/Treasury0.06 Cr0.00%

Allocation By Credit Quality (Debt)

AAA

AA

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Bond - Corporate Bond2,327.6 Cr60.12%
Bond - Gov't/Treasury1,200.47 Cr31.01%
Bond - Asset Backed249.7 Cr6.45%
Cash78.28 Cr2.02%
Mutual Fund - Open End13.55 Cr0.35%
Cash - Repurchase Agreement1.9 Cr0.05%

Risk & Performance Ratios

Standard Deviation

This fund

1.10%

Cat. avg.

1.21%

Lower the better

Sharpe Ratio

This fund

0.48

Cat. avg.

-0.07

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

0.27

Higher the better

Fund Managers

DA

Deepak Agrawal

Since May 2019

Manu Sharma

Manu Sharma

Since November 2022

PK

Palha Khanna

Since July 2023

Additional Scheme Detailsas of 30th April 2024

ISININF174KA1EC0Expense Ratio0.24%Exit LoadNo ChargesFund Size₹3,871 CrAge14 May 2019Lumpsum Minimum₹100Fund StatusOpen Ended Investment CompanyBenchmarkNifty Short Duration Debt TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Withdrawal (irrespective of holding period)

Realised Gain (capital gains) are taxed at your marginal income tax rate

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Floating Rate Funds

Fund nameExpense RatioExit LoadFund size
1Y
DSP Floater Fund Direct Growth

Moderate Risk

0.2%0.0%₹881.80 Cr8.3%
DSP Floater Fund Regular Growth

Moderate Risk

0.5%0.0%₹881.80 Cr8.0%
Axis Floater Fund Direct Growth

Moderate Risk

0.2%0.0%₹252.36 Cr7.8%
Axis Floater Fund Regular Growth

Moderate Risk

0.6%0.0%₹252.36 Cr7.4%
Franklin India Floating Rate Fund Regular Growth

Low to Moderate Risk

1.0%0.0%₹271.22 Cr7.7%
Nippon India Floating Rate Fund Regular Growth

Moderate Risk

0.6%0.0%₹7946.15 Cr7.2%
ICICI Prudential Floating Interest Fund Regular Growth

Low to Moderate Risk

1.3%0.0%₹9866.99 Cr7.9%
HDFC Floating Rate Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹14482.53 Cr8.1%
Franklin India Floating Rate Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹271.22 Cr8.5%
Aditya Birla Sun Life Floating Rate Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹12773.11 Cr7.8%

About the AMC

Total AUM

₹4,14,792 Cr

Address

2nd Floor, 12-BKC, Plot No C-12, Mumbai, 400 051

Other Funds by Kotak Mahindra Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Kotak FMP Series 327 Direct Growth

Moderately High risk

-0.0%--
Kotak FMP Series 326 - 175 Days Direct Growth

Moderately High risk

----
Kotak FMP Series 325 - 90 Days Direct Growth

Moderate Risk

-0.0%--
Kotak FMP Series 324 - 109 Days Direct Growth

Moderately High risk

-0.0%--
Kotak Healthcare Fund Direct Growth

Very High Risk

0.7%1.0%₹290.95 Cr-
Kotak FMP Series 323 Direct Growth

Low Risk

-0.0%--
Kotak Consumption Fund Direct Growth

Very High Risk

0.7%1.0%₹547.81 Cr-
Kotak Nifty G-Sec July 2033 Index Fund Direct Growth

Moderate Risk

0.1%0.0%₹21.93 Cr-
Kotak Multi Asset Allocation Fund Direct Growth

High Risk

0.3%1.0%₹5755.21 Cr-
Kotak S&P BSE Housing Index Fund Direct Growth

Very High Risk

0.2%0.0%₹10.13 Cr-
Kotak Fixed Maturity Plan 1174 Days Series 268 Direct Growth

Low to Moderate Risk

-0.0%--
Kotak FMP Series 308 - 1125 Days Direct Growth

Low Risk

-0.0%-7.6%
Kotak Yearly Interval Plan Series 1 Direct Growth

Low to Moderate Risk

-0.0%--
Kotak Fixed Maturity Plan 1355 Days Series 286 Direct Growth

Low to Moderate Risk

----
Kotak FMP Series 304 Direct Growth

Moderate Risk

---6.7%
Kotak Fixed Maturity Plan Series 262 Direct Growth

Low to Moderate Risk

-0.0%--
Kotak FMP Series 291 - 1826 Days Direct Growth

Low to Moderate Risk

-0.0%--
Kotak Fixed Maturity Plan Series 264 Direct Growth

Low to Moderate Risk

-0.0%--
Kotak FMP Series 310 - 1131 Days Direct Growth

Moderate Risk

-0.0%-6.8%
Kotak FMP Series 306 Direct Growth

Moderate Risk

-0.0%--
Kotak Quarterly Interval Series 12 Direct Growth

Low to Moderate Risk

-0.0%--
Kotak Fixed Maturity Plan Series 249 Direct Growth

Low to Moderate Risk

-0.0%--
Kotak FMP Series 295 Direct Growth

Moderate Risk

-0.0%--
Kotak Fixed Maturity Plan Series 258 Direct Growth

Low to Moderate Risk

-0.0%--
Kotak FMP Series 298 Direct Growth

Low to Moderate Risk

-0.0%--
Kotak FMP Series 290 - 1180 Days Direct Growth

Low to Moderate Risk

-0.0%--
Kotak Monthly Interval Series 4 Direct Growth

Low to Moderate Risk

-0.0%--
Kotak FMP Series 293 - 1826 Days Direct Growth

Moderate Risk

-0.0%--
Kotak India Growth Fund Series IV Direct Growth

Very High Risk

0.3%0.0%₹132.94 Cr50.2%
Kotak Fixed Maturity Plan Series 260 Direct Growth

Low to Moderate Risk

-0.0%--
Kotak FMP Series 287 - 1188 days Direct Growth

Low to Moderate Risk

-0.0%--
Kotak Fixed Maturity Plan Series 272 Direct Growth

Low to Moderate Risk

----
Kotak Fixed Maturity Plan Series 273 Direct Growth

Low to Moderate Risk

----
Kotak FMP Series 305 Direct Growth

Low to Moderate Risk

-0.0%-6.7%
Kotak FMP Series 300 - 1223 days Direct Growth

Low to Moderate Risk

-0.0%-6.7%
Kotak Quarterly Interval Series 13 Direct Growth

Low to Moderate Risk

-0.0%--
Kotak FMP Series 292 - 1735 Days Direct Growth

Low to Moderate Risk

-0.0%₹421.44 Cr7.0%
Kotak FMP Series 289 -1179 days Direct Growth

Low to Moderate Risk

-0.0%--
Kotak FMP Series 288 -1177 days Direct Growth

Low to Moderate Risk

-0.0%--
Kotak Small Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹14815.19 Cr43.9%
Kotak Flexicap Fund Direct Growth

Very High Risk

0.6%1.0%₹47465.64 Cr36.7%
Kotak Equity Opportunities Fund Direct Growth

Very High Risk

0.5%1.0%₹21495.80 Cr47.5%
Kotak Taxsaver Fund Direct Growth

Very High Risk

0.6%0.0%₹5608.21 Cr42.8%
Kotak Nifty 200 Momentum 30 Index Fund Direct Growth

Very High Risk

0.4%0.0%₹114.01 Cr-
Kotak Nifty 50 Index Fund Direct Growth

Very High Risk

0.2%0.0%₹631.09 Cr24.4%
Kotak Infrastructure and Economic Reform Fund Direct Growth

Very High Risk

0.7%1.0%₹1803.53 Cr62.0%
Kotak Low Duration Fund Direct Growth

Moderate Risk

0.4%0.0%₹9235.14 Cr7.6%
Kotak Bluechip Fund Direct Growth

Very High Risk

0.6%1.0%₹8027.99 Cr32.8%
Kotak Bond Fund Direct Growth

Moderate Risk

0.7%0.0%₹1831.30 Cr7.4%
Kotak Bond Fund Short Term Plan Direct Growth

Moderate Risk

0.4%0.0%₹14803.86 Cr7.2%

Risk Level

Your principal amount will be at Low to Moderate Risk

Low to Moderate Risk
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The NAV of Kotak Floating Rate Fund Direct Growth, as of 17-May-2024, is ₹1399.77.
The fund has generated 7.73% over the last 1 year and 6.00% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 0.00% in equities, 97.58% in bonds, and 2.07% in cash and cash equivalents.
The fund managers responsible for Kotak Floating Rate Fund Direct Growth are:-
  1. Deepak Agrawal
  2. Manu Sharma
  3. Palha Khanna