Kotak Corporate Bond Fund Direct Growth

Fund Overview

Fund Size

₹13,996 Cr

Expense Ratio

0.34%

ISIN

INF178L01BY0

Minimum SIP

₹100

Exit Load

No Charges

Inception Date

14 Jan 2013

About this fund

Kotak Corporate Bond Fund Direct Growth is a Corporate Bond mutual fund schemes offered by Kotak Mahindra Mutual Fund. This fund has been in existence for 12 years, 2 months and 14 days, having been launched on 14-Jan-13.
As of 27-Mar-25, it has a Net Asset Value (NAV) of ₹3841.05, Assets Under Management (AUM) of 13995.56 Crores, and an expense ratio of 0.34%.

Kotak Corporate Bond Fund Direct Growth has given a CAGR return of 8.05% since inception.
The fund's asset allocation comprises around 0.00% in equities, 96.63% in debts, and 3.10% in cash & cash equivalents.
You can start investing in Kotak Corporate Bond 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

+8.87%

+6.91% (Cat Avg.)

3 Years

+7.08%

+6.10% (Cat Avg.)

5 Years

+6.87%

+6.61% (Cat Avg.)

10 Years

+7.69%

+6.40% (Cat Avg.)

Since Inception

+8.05%

— (Cat Avg.)

Portfolio Summaryas of 15th March 2025

Debt	₹13,523.8 Cr	96.63%
Others	₹471.76 Cr	3.37%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
7.18% Govt Stock 2033	Bond - Gov't/Treasury	₹1,776.48 Cr	12.69%
7.1% Govt Stock 2034	Bond - Gov't/Treasury	₹1,066.44 Cr	7.62%
Jamnagar Utilities & Power Private Limited	Bond - Corporate Bond	₹558.05 Cr	3.99%
LIC Housing Finance Limited	Bond - Corporate Bond	₹458.03 Cr	3.27%
Bajaj Finance Limited	Bond - Corporate Bond	₹436.81 Cr	3.12%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹433.84 Cr	3.10%
Net Current Assets/(Liabilities)	Cash - Collateral	₹433.4 Cr	3.10%
7.53% Govt Stock 2034	Bond - Gov't/Treasury	₹429.46 Cr	3.07%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹346.49 Cr	2.48%
Power Finance Corporation Ltd.	Bond - Corporate Bond	₹324.73 Cr	2.32%
Mahindra & Mahindra Financial Services Ltd	Bond - Corporate Bond	₹302.62 Cr	2.16%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹299.94 Cr	2.14%
Power Finance Corp Ltd. 0.076%	Bond - Corporate Bond	₹266.42 Cr	1.90%
Pipeline Infrastructure Private Limited	Bond - Corporate Bond	₹250.53 Cr	1.79%
SANSAR JUNE 2024 TRUST	Bond - Asset Backed	₹218.65 Cr	1.56%
LIC Housing Finance Ltd	Bond - Corporate Bond	₹210.02 Cr	1.50%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹203.73 Cr	1.46%
Jamnagar Utilities And Power Private Limited	Bond - Corporate Bond	₹201.31 Cr	1.44%
Smfg India Home Finance Company Limited	Bond - Corporate Bond	₹200.72 Cr	1.43%
Power Finance Corporation Ltd.	Bond - Corporate Bond	₹200.25 Cr	1.43%
Ncd Small Industries Development Bank Of India	Bond - Corporate Bond	₹200.02 Cr	1.43%
INDIA UNIVERSAL TRUST AL1	Bond - Asset Backed	₹195.1 Cr	1.39%
Sikka Ports & Terminals Limited	Bond - Corporate Bond	₹185.28 Cr	1.32%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹175.66 Cr	1.26%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹175.63 Cr	1.25%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹166.57 Cr	1.19%
HDFC Bank Limited	Bond - Corporate Bond	₹162.47 Cr	1.16%
Aditya Birla Finance Limited 0.0794%	Bond - Corporate Bond	₹149.98 Cr	1.07%
Aditya Birla Finance Limited 0.0797%	Bond - Corporate Bond	₹149.91 Cr	1.07%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹149.76 Cr	1.07%
Hdb Financial Services Ltd.	Bond - Corporate Bond	₹148.85 Cr	1.06%
Rural Electrification Corporation Limited	Bond - Corporate Bond	₹145.25 Cr	1.04%
Rec Limited	Bond - Corporate Bond	₹129.73 Cr	0.93%
Food Corporation Of India	Bond - Corporate Bond	₹128.2 Cr	0.92%
LIC Housing Finance Limited	Bond - Corporate Bond	₹125.14 Cr	0.89%
Rec Limited	Bond - Corporate Bond	₹125.11 Cr	0.89%
7.74% LIC Housing Finance Limited	Bond - Corporate Bond	₹125.02 Cr	0.89%
L&T Metro Rail (Hyderabad) Limited	Bond - Corporate Bond	₹123.22 Cr	0.88%
Mahindra & Mahindra Financial Services Ltd. 0.0825%	Bond - Corporate Bond	₹110.62 Cr	0.79%
Tata Capital Housing Finance Limited	Bond - Corporate Bond	₹100.93 Cr	0.72%
Smfg India Credit Company Limited	Bond - Corporate Bond	₹100.58 Cr	0.72%
Rec Limited	Bond - Corporate Bond	₹100.41 Cr	0.72%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹100.34 Cr	0.72%
Power Finance Corporation Ltd.	Bond - Corporate Bond	₹100.3 Cr	0.72%
Tata Capital Housing Finance Limited	Bond - Corporate Bond	₹100.27 Cr	0.72%
Can Fin Homes Limited	Bond - Corporate Bond	₹100.18 Cr	0.72%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹100.04 Cr	0.71%
Mindspace Business Parks Reit	Bond - Corporate Bond	₹99.82 Cr	0.71%
Power Finance Corporation Limited	Bond - Corporate Bond	₹99.24 Cr	0.71%
HDFC Bank Limited	Bond - Corporate Bond	₹93.65 Cr	0.67%
INDIA UNIVERSAL TRUST AL2	Bond - Asset Backed	₹93 Cr	0.66%
Maharashtra (Government of) 0.0763%	Bond - Sub-sovereign Government Debt	₹91.8 Cr	0.66%
Nuclear Power Corporation Of India Limited	Bond - Corporate Bond	₹75.7 Cr	0.54%
India Infradebt Limited	Bond - Corporate Bond	₹75.01 Cr	0.54%
Food Corporation Of India	Bond - Corporate Bond	₹57.88 Cr	0.41%
SANSAR TRUST NOV 2023 IV	Bond - Asset Backed	₹57.21 Cr	0.41%
Hdb Financial Services Limited	Bond - Corporate Bond	₹50.35 Cr	0.36%
Tata Capital Housing Finance Limited	Bond - Corporate Bond	₹50.28 Cr	0.36%
Nomura Fixed Income Securities Private Limited	Bond - Corporate Bond	₹50.25 Cr	0.36%
India Grid Trust	Bond - Corporate Bond	₹50.13 Cr	0.36%
Tata Capital Housing Finance Limited	Bond - Corporate Bond	₹50.06 Cr	0.36%
LIC Housing Finance Limited	Bond - Corporate Bond	₹50.01 Cr	0.36%
Rec Limited 7.34%	Bond - Corporate Bond	₹49.8 Cr	0.36%
Rec Limited	Bond - Corporate Bond	₹48.67 Cr	0.35%
Mahanagar Telephone Nigam Limited	Bond - Corporate Bond	₹47.8 Cr	0.34%
India Grid TRust	Bond - Corporate Bond	₹44.29 Cr	0.32%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹40.08 Cr	0.29%
LIC Housing Finance Ltd	Bond - Corporate Bond	₹39.85 Cr	0.28%
SBI ALTERNATIVE INVESTMENT FUND	Mutual Fund - Open End	₹38.36 Cr	0.27%
Sikka Ports & Terminals Limited	Bond - Corporate Bond	₹30.03 Cr	0.21%
SANSAR AUG 2024 V TRUST	Bond - Asset Backed	₹29.99 Cr	0.21%
Rural Electrification Corporation Limited	Bond - Corporate Bond	₹25.19 Cr	0.18%
Tata Capital Financial Services Limited	Bond - Corporate Bond	₹25.08 Cr	0.18%
Bajaj Housing Finance Limited	Bond - Corporate Bond	₹25.07 Cr	0.18%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹24.92 Cr	0.18%
National Housing Bank	Bond - Corporate Bond	₹19.75 Cr	0.14%
7.93% Govt Stock 2033	Bond - Gov't/Treasury	₹18.64 Cr	0.13%
Mindspace Business Parks Reit	Bond - Corporate Bond	₹15.02 Cr	0.11%
Dme Development Limited	Bond - Corporate Bond	₹10.66 Cr	0.08%
Dme Development Limited	Bond - Corporate Bond	₹10.59 Cr	0.08%
Dme Development Limited	Bond - Corporate Bond	₹10.56 Cr	0.08%
Dme Development Limited	Bond - Corporate Bond	₹10.55 Cr	0.08%
Dme Development Limited	Bond - Corporate Bond	₹10.54 Cr	0.08%
Dme Development Limited	Bond - Corporate Bond	₹10.5 Cr	0.08%
Dme Development Limited	Bond - Corporate Bond	₹10.46 Cr	0.07%
Dme Development Limited	Bond - Corporate Bond	₹10.4 Cr	0.07%
Dme Development Limited	Bond - Corporate Bond	₹10.35 Cr	0.07%
Dme Development Limited	Bond - Corporate Bond	₹10.3 Cr	0.07%
Tata Capital Financial Services Limited	Bond - Corporate Bond	₹10.02 Cr	0.07%
ICICI Home Finance Company Limited	Bond - Corporate Bond	₹10.02 Cr	0.07%
Power Finance Corporation Limited	Bond - Corporate Bond	₹4.98 Cr	0.04%
Goi 12.04.2026 Gov	Bond - Gov't/Treasury	₹3.21 Cr	0.02%
07.84 Tn SDL 2026	Bond - Gov't/Treasury	₹3.03 Cr	0.02%

Allocation By Credit Quality (Debt)

AAA

UNRATED

Other Allocation

Equity Sector

Debt & Others

Instruments	Amount	Holdings
Bond - Corporate Bond	₹9,540.78 Cr	68.17%
Bond - Gov't/Treasury	₹3,297.27 Cr	23.56%
Bond - Asset Backed	₹593.95 Cr	4.24%
Cash - Collateral	₹433.4 Cr	3.10%
Bond - Sub-sovereign Government Debt	₹91.8 Cr	0.66%
Mutual Fund - Open End	₹38.36 Cr	0.27%

Risk & Performance Ratios

Fund Managers

Deepak Agrawal

Since February 2015

Manu Sharma

Since November 2022

Additional Scheme Detailsas of 15th March 2025

ISIN

INF178L01BY0

Expense Ratio

0.34%

Exit Load

No Charges

Fund Size

₹13,996 Cr

Age

12 years 2 months

Lumpsum Minimum

₹100

Fund Status

Open Ended Investment Company

Benchmark

NIFTY Corporate Bond TR INR

Investment 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

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Corporate Bond Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
TrustMF Corporate Bond Fund Regular Growth Moderate Risk	0.7%	0.0%	₹59.26 Cr	7.4%
TrustMF Corporate Bond Fund Direct Growth Moderate Risk	0.3%	0.0%	₹59.26 Cr	7.9%
Baroda BNP Paribas Corporate Bond Fund Regular Growth Moderate Risk	0.6%	0.0%	₹210.10 Cr	8.3%
Bandhan Corporate Bond Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹13995.73 Cr	8.6%
Bandhan Corporate Bond Fund Regular Growth Low to Moderate Risk	0.7%	0.0%	₹13995.73 Cr	8.3%
HDFC Corporate Bond Fund Regular Growth Low to Moderate Risk	0.6%	0.0%	₹31898.00 Cr	8.6%
Sundaram Corporate Bond Fund Regular Growth Moderate Risk	0.5%	0.0%	₹696.56 Cr	8.3%
Franklin India Corporate Debt Fund Regular Growth Low to Moderate Risk	0.8%	0.0%	₹744.29 Cr	7.9%
Nippon India Corporate Bond Fund Regular Growth Moderate Risk	0.7%	0.0%	₹6044.40 Cr	8.6%
Union Corporate Bond Fund Regular Growth Moderate Risk	0.7%	1.0%	₹328.33 Cr	8.2%

About the AMC

Kotak Mahindra Mutual Fund

+91 22 61152100

https://www.kotakmf.com/

Total AUM

₹5,09,747 Cr

Address

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

Other Funds by Kotak Mahindra Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Kotak FMP Series 327 Direct Growth Moderately High risk	-	0.0%	₹206.03 Cr	-
Kotak FMP Series 326 - 175 Days Direct Growth Moderate 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	0.8%	0.0%	₹379.87 Cr	15.7%
Kotak FMP Series 323 Direct Growth Low Risk	-	0.0%	-	-
Kotak Consumption Fund Direct Growth Very High Risk	0.5%	0.0%	₹1156.99 Cr	18.2%
Kotak Nifty G-Sec July 2033 Index Fund Direct Growth Moderate Risk	0.1%	0.0%	₹19.66 Cr	9.9%
Kotak Multi Asset Allocation Fund Direct Growth High Risk	0.5%	1.0%	₹7261.61 Cr	10.1%
Kotak S&P BSE Housing Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹14.76 Cr	5.8%
Kotak Fixed Maturity Plan 1174 Days Series 268 Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak FMP Series 308 - 1125 Days Direct Growth Moderately High risk	-	0.0%	₹94.00 Cr	8.7%
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	-	-	₹109.38 Cr	10.5%
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%	₹125.59 Cr	7.7%
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 Cr	50.2%
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%	₹33.56 Cr	7.6%
Kotak FMP Series 300 - 1223 days Direct Growth Low to Moderate Risk	-	0.0%	₹241.41 Cr	7.7%
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%	₹451.01 Cr	8.0%
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	0.6%	1.0%	₹14407.09 Cr	10.5%
Kotak Flexicap Fund Direct Growth Very High Risk	0.6%	1.0%	₹45433.37 Cr	10.3%
Kotak Equity Opportunities Fund Direct Growth Very High Risk	0.6%	1.0%	₹22852.62 Cr	10.9%
Kotak Taxsaver Fund Direct Growth Very High Risk	0.7%	0.0%	₹5411.91 Cr	7.0%
Kotak Nifty 200 Momentum 30 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹341.05 Cr	-5.9%
Kotak Nifty 50 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹733.40 Cr	7.4%
Kotak Infrastructure and Economic Reform Fund Direct Growth Very High Risk	0.7%	0.0%	₹1891.24 Cr	4.1%
Kotak Low Duration Fund Direct Growth Moderate Risk	0.4%	0.0%	₹11678.60 Cr	8.2%
Kotak Bluechip Fund Direct Growth Very High Risk	0.6%	1.0%	₹8717.81 Cr	10.4%
Kotak Bond Fund Direct Growth Moderate Risk	0.7%	0.0%	₹2039.54 Cr	9.2%
Kotak Bond Fund Short Term Plan Direct Growth Low to Moderate Risk	0.4%	0.0%	₹16752.99 Cr	8.8%

Risk Level

Your principal amount will be at Moderate Risk

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Still got questions?
We're here to help.

What is the current NAV of Kotak Corporate Bond Fund Direct Growth?

The NAV of Kotak Corporate Bond Fund Direct Growth, as of 27-Mar-2025, is ₹3841.05.

What are the returns of Kotak Corporate Bond Fund Direct Growth?

The fund has generated 8.87% over the last 1 year and 7.08% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of Kotak Corporate Bond Fund Direct Growth?

The fund's allocation of assets is distributed as 0.00% in equities, 96.63% in bonds, and 3.10% in cash and cash equivalents.

Who manages the Kotak Corporate Bond Fund Direct Growth?

The fund managers responsible for Kotak Corporate Bond Fund Direct Growth are:-

Deepak Agrawal
Manu Sharma

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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Fund Overview

Fund Size

₹13,996 Cr

Expense Ratio

0.34%

ISIN

INF178L01BY0

Minimum SIP

₹100

Exit Load

No Charges

Inception Date

14 Jan 2013

Risk Level

Your principal amount will be at Moderate Risk