Kotak Credit Risk Fund Direct Growth
DebtCredit RiskModerately High risk
Direct
NAV (21-Nov-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹753 Cr
Expense Ratio
0.79%
ISIN
INF174K01LZ7
Minimum SIP
₹100
Exit Load
1.00%
Inception Date
01 Jan 2013
About this fund
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹31.22, Assets Under Management (AUM) of 753.19 Crores, and an expense ratio of 0.79%.
- Kotak Credit Risk Fund Direct Growth has given a CAGR return of 8.17% since inception.
- The fund's asset allocation comprises around 2.43% in equities, 83.54% in debts, and 10.31% in cash & cash equivalents.
- You can start investing in Kotak Credit Risk 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
+8.38%
+7.85% (Cat Avg.)
3 Years
+5.68%
+9.04% (Cat Avg.)
5 Years
+6.29%
+6.55% (Cat Avg.)
10 Years
+7.88%
+6.10% (Cat Avg.)
Since Inception
+8.17%
— (Cat Avg.)
Portfolio Summaryas of 31st October 2024
| Equity | ₹18.3 Cr | 2.43% |
| Debt | ₹629.22 Cr | 83.54% |
| Others | ₹105.67 Cr | 14.03% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| 7.18% Govt Stock 2033 | Bond - Gov't/Treasury | ₹75.19 Cr | 9.98% |
| Triparty Repo | Cash - Repurchase Agreement | ₹66.57 Cr | 8.84% |
| Godrej Industries Limited | Bond - Corporate Bond | ₹50.39 Cr | 6.69% |
| Tata Projects Ltd. | Bond - Corporate Bond | ₹50.15 Cr | 6.66% |
| Century Textiles And Industries Limited | Bond - Corporate Bond | ₹45.14 Cr | 5.99% |
| Aditya Birla Renewables Limited | Bond - Corporate Bond | ₹40.08 Cr | 5.32% |
| Prestige Projects Private Limited 0.1175% | Bond - Corporate Bond | ₹40.08 Cr | 5.32% |
| Indostar Capital Finance Limited | Bond - Corporate Bond | ₹39.98 Cr | 5.31% |
| VAJRA 008 TRUST | Bond - Asset Backed | ₹36.97 Cr | 4.91% |
| Embassy Office Parks Reit | Bond - Asset Backed | ₹32.76 Cr | 4.35% |
| The Tata Power Company Limited | Bond - Corporate Bond | ₹31.7 Cr | 4.21% |
| Au Small Finance Bank Limited | Bond - Corporate Bond | ₹30.21 Cr | 4.01% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹25.01 Cr | 3.32% |
| Bharat Highways Invit | Mutual Fund - Unspecified | ₹24.32 Cr | 3.23% |
| Aadhar Housing Finance Ltd. 0.0865% | Bond - Corporate Bond | ₹20.19 Cr | 2.68% |
| Nirma Limited | Bond - Corporate Bond | ₹20.16 Cr | 2.68% |
| Brookfield India Real Estate Trust | Equity - REIT | ₹18.3 Cr | 2.43% |
| Macrotech Developers Limited | Bond - Corporate Bond | ₹16.72 Cr | 2.22% |
| SANSAR JUNE 2024 TRUST | Bond - Asset Backed | ₹15.06 Cr | 2.00% |
| Net Current Assets/(Liabilities) | Cash | ₹11.11 Cr | 1.47% |
| 7.1% Govt Stock 2034 | Bond - Gov't/Treasury | ₹10.18 Cr | 1.35% |
| Thdc India Limited | Bond - Corporate Bond | ₹9.96 Cr | 1.32% |
| Tata Projects Limited | Bond - Corporate Bond | ₹4.99 Cr | 0.66% |
| DHRUVA XXII | Bond - Asset Backed | ₹4.84 Cr | 0.64% |
| SBI ALTERNATIVE INVESTMENT FUND | Mutual Fund - Open End | ₹3.68 Cr | 0.49% |
| U.P. Power Corporation Limited | Bond - Corporate Bond | ₹3.64 Cr | 0.48% |
| U.P. Power Corporation Limited | Bond - Corporate Bond | ₹3.61 Cr | 0.48% |
| U.P. Power Corporation Limited | Bond - Corporate Bond | ₹3.58 Cr | 0.48% |
| U.P. Power Corporation Limited | Bond - Corporate Bond | ₹3.53 Cr | 0.47% |
| U.P. Power Corporation Limited | Bond - Corporate Bond | ₹2.1 Cr | 0.28% |
| U.P. Power Corporation Limited | Bond - Corporate Bond | ₹2.1 Cr | 0.28% |
| U.P. Power Corporation Limited | Bond - Corporate Bond | ₹2.07 Cr | 0.28% |
| U.P. Power Corporation Limited | Bond - Corporate Bond | ₹2.05 Cr | 0.27% |
| U.P. Power Corporation Limited | Bond - Corporate Bond | ₹2.02 Cr | 0.27% |
| Century Textiles And Industried Limited | Bond - Corporate Bond | ₹2 Cr | 0.27% |
| U.P. Power Corporation Limited | Bond - Corporate Bond | ₹1.76 Cr | 0.23% |
| U.P. Power Corporation Limited | Bond - Corporate Bond | ₹1 Cr | 0.13% |
Allocation By Credit Quality (Debt)
AAA
AA
A
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Corporate Bond | ₹454.22 Cr | 60.31% |
| Bond - Asset Backed | ₹89.63 Cr | 11.90% |
| Bond - Gov't/Treasury | ₹85.37 Cr | 11.33% |
| Cash - Repurchase Agreement | ₹66.57 Cr | 8.84% |
| Mutual Fund - Unspecified | ₹24.32 Cr | 3.23% |
| Equity - REIT | ₹18.3 Cr | 2.43% |
| Cash | ₹11.11 Cr | 1.47% |
| Mutual Fund - Open End | ₹3.68 Cr | 0.49% |
Risk & Performance Ratios
Standard Deviation
This fund
2.08%
Cat. avg.
6.91%
Lower the better
Sharpe Ratio
This fund
-0.14
Cat. avg.
0.22
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
5.53
Higher the better
Fund Managers
Deepak Agrawal
Since May 2010
Sunit garg
Since November 2022
Additional Scheme Detailsas of 31st October 2024
ISIN INF174K01LZ7 | Expense Ratio 0.79% | Exit Load 1.00% | Fund Size ₹753 Cr | Age 11 years 10 months | Lumpsum Minimum ₹100 | Fund Status Open Ended Investment Company | Benchmark CRISIL Credit Risk Debt 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 Credit Risk Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Bandhan Credit Risk Fund Regular Growth Moderately High risk | 1.7% | 1.0% | ₹305.41 Cr | 7.4% |
| Bandhan Credit Risk Fund Direct Growth Moderately High risk | 0.7% | 1.0% | ₹305.41 Cr | 8.5% |
| Aditya BSL Credit Risk Fund Regular Growth Moderately High risk | 1.5% | 3.0% | ₹935.68 Cr | 11.9% |
| Aditya BSL Credit Risk Fund Direct Growth Moderately High risk | 0.7% | 3.0% | ₹935.68 Cr | 12.9% |
| Baroda BNP Paribas Credit Risk Fund Regular Growth Moderately High risk | 1.6% | 1.0% | ₹165.00 Cr | 8.3% |
| Baroda BNP Paribas Credit Risk Fund Direct Growth Moderately High risk | 0.8% | 1.0% | ₹165.00 Cr | 9.2% |
| UTI Credit Risk Fund Regular Growth Moderately High risk | 1.6% | 1.0% | ₹324.65 Cr | 8.0% |
| Nippon India Credit Risk Fund Regular Growth High Risk | 1.5% | 1.0% | ₹991.65 Cr | 8.2% |
| SBI Credit Risk Fund Regular Growth High Risk | 1.6% | 3.0% | ₹2303.51 Cr | 8.0% |
| DSP Credit Risk Fund Regular Growth Moderately High risk | 1.1% | 1.0% | ₹188.14 Cr | 7.8% |
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 Moderately High risk
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Who manages the Kotak Credit Risk Fund Direct Growth?
- Deepak Agrawal
- Sunit garg
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