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Kotak Corporate Bond Fund Direct Growth
DebtCorporate BondModerate Risk
Direct
NAV (21-Nov-24)
₹3729.760.01%1D
Returns (Since Inception)
8.02%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹14,163 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 11 years, 10 months and 8 days, having been launched on 14-Jan-13.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹3729.76, Assets Under Management (AUM) of 14162.63 Crores, and an expense ratio of 0.34%.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹3729.76, Assets Under Management (AUM) of 14162.63 Crores, and an expense ratio of 0.34%.
- Kotak Corporate Bond Fund Direct Growth has given a CAGR return of 8.02% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 96.73% in debts, and 3.04% 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
+8.76%
+7.76% (Cat Avg.)
3 Years
+6.44%
+5.75% (Cat Avg.)
5 Years
+6.72%
+6.14% (Cat Avg.)
10 Years
+7.97%
+6.39% (Cat Avg.)
Since Inception
+8.02%
— (Cat Avg.)
Portfolio Summaryas of 31st October 2024
| Debt | ₹13,699.46 Cr | 96.73% |
| Others | ₹463.16 Cr | 3.27% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| 7.18% Govt Stock 2033 | Bond - Gov't/Treasury | ₹1,867.72 Cr | 13.19% |
| 7.1% Govt Stock 2034 | Bond - Gov't/Treasury | ₹1,002.18 Cr | 7.08% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹706.96 Cr | 4.99% |
| Jamnagar Utilities & Power Private Limited | Bond - Corporate Bond | ₹581.57 Cr | 4.11% |
| 7.53% Govt Stock 2034 | Bond - Gov't/Treasury | ₹480.22 Cr | 3.39% |
| LIC Housing Finance Limited | Bond - Corporate Bond | ₹459.18 Cr | 3.24% |
| Bajaj Finance Limited | Bond - Corporate Bond | ₹437.57 Cr | 3.09% |
| 7.93% Govt Stock 2033 | Bond - Gov't/Treasury | ₹378.9 Cr | 2.68% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹374.47 Cr | 2.64% |
| Net Current Assets/(Liabilities) | Cash | ₹365.43 Cr | 2.58% |
| Mahindra & Mahindra Financial Services Ltd | Bond - Corporate Bond | ₹303.58 Cr | 2.14% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹297.14 Cr | 2.10% |
| Power Finance Corp Ltd. 0.076% | Bond - Corporate Bond | ₹267.59 Cr | 1.89% |
| Pipeline Infrastructure Private Limited | Bond - Corporate Bond | ₹252.2 Cr | 1.78% |
| SANSAR JUNE 2024 TRUST | Bond - Asset Backed | ₹251.05 Cr | 1.77% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹250.4 Cr | 1.77% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹220.05 Cr | 1.55% |
| 7.98% Govt Stock 2031 | Bond - Gov't/Treasury | ₹212.14 Cr | 1.50% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹204.69 Cr | 1.45% |
| Jamnagar Utilities And Power Private Limited | Bond - Corporate Bond | ₹202.09 Cr | 1.43% |
| Smfg India Home Finance Company Limited | Bond - Corporate Bond | ₹201.06 Cr | 1.42% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹200.92 Cr | 1.42% |
| INDIA UNIVERSAL TRUST AL1 | Bond - Asset Backed | ₹199.25 Cr | 1.41% |
| Sikka Ports & Terminals Limited | Bond - Corporate Bond | ₹185.83 Cr | 1.31% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹176.18 Cr | 1.24% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹176.11 Cr | 1.24% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹175.57 Cr | 1.24% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹167.2 Cr | 1.18% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹162.73 Cr | 1.15% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹150.24 Cr | 1.06% |
| Hdb Financial Services Ltd. | Bond - Corporate Bond | ₹148.68 Cr | 1.05% |
| Rec Limited | Bond - Corporate Bond | ₹130.22 Cr | 0.92% |
| Food Corporation Of India | Bond - Corporate Bond | ₹129.02 Cr | 0.91% |
| Mahindra & Mahindra Financial Services Ltd. 0.0825% | Bond - Corporate Bond | ₹126.05 Cr | 0.89% |
| LIC Housing Finance Limited | Bond - Corporate Bond | ₹125.63 Cr | 0.89% |
| L&T Metro Rail (Hyderabad) Limited | Bond - Corporate Bond | ₹122.98 Cr | 0.87% |
| Tata Capital Housing Finance Limited | Bond - Corporate Bond | ₹101.05 Cr | 0.71% |
| Smfg India Credit Company Limited | Bond - Corporate Bond | ₹100.76 Cr | 0.71% |
| LIC Housing Finance Limited | Bond - Corporate Bond | ₹100.66 Cr | 0.71% |
| Can Fin Homes Ltd. 0.0825% | Bond - Corporate Bond | ₹100.6 Cr | 0.71% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹100.55 Cr | 0.71% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹100.48 Cr | 0.71% |
| Tata Capital Housing Finance Limited | Bond - Corporate Bond | ₹100.4 Cr | 0.71% |
| Mindspace Business Parks Reit | Bond - Corporate Bond | ₹100.12 Cr | 0.71% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹95.42 Cr | 0.67% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹94.07 Cr | 0.66% |
| Maharashtra (Government of) 0.0763% | Bond - Sub-sovereign Government Debt | ₹92.07 Cr | 0.65% |
| SANSAR TRUST NOV 2023 IV | Bond - Asset Backed | ₹81.75 Cr | 0.58% |
| Nuclear Power Corporation Of India Limited | Bond - Corporate Bond | ₹76.01 Cr | 0.54% |
| Triparty Repo | Cash - Repurchase Agreement | ₹64.77 Cr | 0.46% |
| Food Corporation Of India | Bond - Corporate Bond | ₹58.21 Cr | 0.41% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹55.28 Cr | 0.39% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹50.54 Cr | 0.36% |
| Tata Capital Limited | Bond - Corporate Bond | ₹50.46 Cr | 0.36% |
| Nomura Fixed Income Securities Private Limited | Bond - Corporate Bond | ₹50.39 Cr | 0.36% |
| Hdb Financial Services Limited | Bond - Corporate Bond | ₹50.37 Cr | 0.36% |
| India Grid Trust | Bond - Corporate Bond | ₹50.31 Cr | 0.36% |
| Tata Capital Housing Finance Limited | Bond - Corporate Bond | ₹50.29 Cr | 0.36% |
| Tata Capital Financial Services Limited | Bond - Corporate Bond | ₹50.27 Cr | 0.35% |
| Mindspace Business Parks Reit | Bond - Corporate Bond | ₹50.24 Cr | 0.35% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹50.18 Cr | 0.35% |
| Tata Capital Housing Finance Limited | Bond - Corporate Bond | ₹50.05 Cr | 0.35% |
| ICICI Bank Limited | Bond - Corporate Bond | ₹49.79 Cr | 0.35% |
| Rec Limited | Bond - Corporate Bond | ₹49.01 Cr | 0.35% |
| Mahanagar Telephone Nigam Limited | Bond - Corporate Bond | ₹47.35 Cr | 0.33% |
| National Bank for Agriculture and Rural Development 0.0768% | Bond - Gov't Agency Debt | ₹45.4 Cr | 0.32% |
| India Grid TRust | Bond - Corporate Bond | ₹44.26 Cr | 0.31% |
| SBI ALTERNATIVE INVESTMENT FUND | Mutual Fund - Open End | ₹32.96 Cr | 0.23% |
| Sikka Ports & Terminals Limited | Bond - Corporate Bond | ₹30.11 Cr | 0.21% |
| SANSAR AUG 2024 V TRUST | Bond - Asset Backed | ₹30.1 Cr | 0.21% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹25.27 Cr | 0.18% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹25.23 Cr | 0.18% |
| Bajaj Housing Finance Limited | Bond - Corporate Bond | ₹25.16 Cr | 0.18% |
| 7.17% Govt Stock 2030 | Bond - Gov't/Treasury | ₹12.69 Cr | 0.09% |
| Dme Development Limited | Bond - Corporate Bond | ₹10.74 Cr | 0.08% |
| Dme Development Limited | Bond - Corporate Bond | ₹10.73 Cr | 0.08% |
| Dme Development Limited | Bond - Corporate Bond | ₹10.68 Cr | 0.08% |
| Dme Development Limited | Bond - Corporate Bond | ₹10.68 Cr | 0.08% |
| Dme Development Limited | Bond - Corporate Bond | ₹10.67 Cr | 0.08% |
| Dme Development Limited | Bond - Corporate Bond | ₹10.61 Cr | 0.07% |
| Dme Development Limited | Bond - Corporate Bond | ₹10.57 Cr | 0.07% |
| Dme Development Limited | Bond - Corporate Bond | ₹10.49 Cr | 0.07% |
| Dme Development Limited | Bond - Corporate Bond | ₹10.44 Cr | 0.07% |
| Dme Development Limited | Bond - Corporate Bond | ₹10.38 Cr | 0.07% |
| Tata Capital Financial Services Limited | Bond - Corporate Bond | ₹10.04 Cr | 0.07% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹4.97 Cr | 0.04% |
| Goi 12.04.2026 Gov | Bond - Gov't/Treasury | ₹3.13 Cr | 0.02% |
| 07.84 Tn SDL 2026 | Bond - Gov't/Treasury | ₹3.04 Cr | 0.02% |
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Corporate Bond | ₹9,039.8 Cr | 63.83% |
| Bond - Gov't/Treasury | ₹3,960.03 Cr | 27.96% |
| Bond - Asset Backed | ₹562.15 Cr | 3.97% |
| Cash | ₹365.43 Cr | 2.58% |
| Bond - Sub-sovereign Government Debt | ₹92.07 Cr | 0.65% |
| Cash - Repurchase Agreement | ₹64.77 Cr | 0.46% |
| Bond - Gov't Agency Debt | ₹45.4 Cr | 0.32% |
| Mutual Fund - Open End | ₹32.96 Cr | 0.23% |
Risk & Performance Ratios
Standard Deviation
This fund
1.05%
Cat. avg.
1.50%
Lower the better
Sharpe Ratio
This fund
0.30
Cat. avg.
-0.26
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.24
Higher the better
Fund Managers
DA
Deepak Agrawal
Since February 2015
Manu Sharma
Since November 2022
Additional Scheme Detailsas of 31st October 2024
ISIN INF178L01BY0 | Expense Ratio 0.34% | Exit Load No Charges | Fund Size ₹14,163 Cr | Age 11 years 10 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% | ₹74.84 Cr | 7.8% |
| TrustMF Corporate Bond Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹74.84 Cr | 8.2% |
| Baroda BNP Paribas Corporate Bond Fund Regular Growth Moderate Risk | 0.6% | 0.0% | ₹202.85 Cr | 8.5% |
| Bandhan Corporate Bond Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹14098.42 Cr | 7.9% |
| Bandhan Corporate Bond Fund Regular Growth Moderate Risk | 0.7% | 0.0% | ₹14098.42 Cr | 7.6% |
| HDFC Corporate Bond Fund Regular Growth Moderate Risk | 0.6% | 0.0% | ₹32510.60 Cr | 8.6% |
| Sundaram Corporate Bond Fund Regular Growth Moderate Risk | 0.6% | 0.0% | ₹740.39 Cr | 8.2% |
| Franklin India Corporate Debt Fund Regular Growth Low to Moderate Risk | 0.8% | 0.0% | ₹764.91 Cr | 7.6% |
| Nippon India Corporate Bond Fund Regular Growth Moderate Risk | 0.7% | 0.0% | ₹6312.17 Cr | 8.6% |
| Union Corporate Bond Fund Regular Growth Moderate Risk | 0.7% | 1.0% | ₹279.48 Cr | 8.2% |
About the AMC
Kotak Mahindra Mutual Fund
Total AUM
₹5,12,585 Cr
Address
2nd Floor, 12-BKC, Plot No C-12, Mumbai, 400 051
Other Funds by Kotak Mahindra Mutual Fund
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 21-Nov-2024, is ₹3729.76.
What are the returns of Kotak Corporate Bond Fund Direct Growth?
The fund has generated 8.76% over the last 1 year and 6.44% 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, 96.73% in bonds, and 3.04% 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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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.