Kotak Floating Rate Fund Regular Growth
DebtFloating RateLow to Moderate Risk
Regular
NAV (06-Sep-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹4,126 Cr
Expense Ratio
0.62%
ISIN
INF174KA1DY6
Minimum SIP
₹100
Exit Load
No Charges
Inception Date
14 May 2019
About this fund
As of 06-Sep-24, it has a Net Asset Value (NAV) of ₹1411.11, Assets Under Management (AUM) of 4125.61 Crores, and an expense ratio of 0.62%.
- Kotak Floating Rate Fund Regular Growth has given a CAGR return of 6.69% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 97.55% in debts, and 2.12% in cash & cash equivalents.
- You can start investing in Kotak Floating Rate Fund Regular 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
+7.76%
+7.42% (Cat Avg.)
3 Years
+5.67%
+5.94% (Cat Avg.)
5 Years
+6.65%
+6.23% (Cat Avg.)
Since Inception
+6.69%
— (Cat Avg.)
Portfolio Summaryas of 15th August 2024
| Debt | ₹4,024.48 Cr | 97.55% |
| Others | ₹101.14 Cr | 2.45% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| 8.34% Govt Stock 2033 | Bond - Gov't/Treasury | ₹694.63 Cr | 16.84% |
| 7.98% Govt Stock 2031 | Bond - Gov't/Treasury | ₹475.28 Cr | 11.52% |
| 8% Govt Stock 2034 | Bond - Gov't/Treasury | ₹322.99 Cr | 7.83% |
| 7.32% Govt Stock 2030 | Bond - Gov't/Treasury | ₹307.3 Cr | 7.45% |
| Small Industries Development Bank of India 0.0768% | Bond - Corporate Bond | ₹275.6 Cr | 6.68% |
| Bajaj Finance Limited | Bond - Corporate Bond | ₹250.57 Cr | 6.07% |
| Tata Capital Financial Services Limited | Bond - Corporate Bond | ₹194.59 Cr | 4.72% |
| Pipeline Infrastructure Ltd. 0.0796% | Bond - Corporate Bond | ₹166.43 Cr | 4.03% |
| LIC Housing Finance Ltd. 0.0784% | Bond - Corporate Bond | ₹149.99 Cr | 3.64% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹125.39 Cr | 3.04% |
| Tata Capital Housing Finance Ltd. 0.0805% | Bond - Corporate Bond | ₹100.43 Cr | 2.43% |
| Sundaram Home Finance Limited 0.0815% | Bond - Corporate Bond | ₹100.13 Cr | 2.43% |
| Muthoot Finance Ltd. 0.089% | Bond - Corporate Bond | ₹100.01 Cr | 2.42% |
| Net Current Assets/(Liabilities) | Cash - Collateral | ₹82.61 Cr | 2.00% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹75.46 Cr | 1.83% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹75.3 Cr | 1.83% |
| Small Industries Development Bank of India 0.0775% | Bond - Corporate Bond | ₹75.28 Cr | 1.82% |
| Dlf Home Developers Limited 0.085% | Bond - Corporate Bond | ₹74.92 Cr | 1.82% |
| 5.77% Govt Stock 2030 | Bond - Gov't/Treasury | ₹71.1 Cr | 1.72% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹60.19 Cr | 1.46% |
| National Bank for Agriculture and Rural Development 0.0768% | Bond - Gov't Agency Debt | ₹50.28 Cr | 1.22% |
| LIC Housing Finance Limited | Bond - Corporate Bond | ₹50.11 Cr | 1.21% |
| Godrej Properties Limited | Bond - Corporate Bond | ₹50.1 Cr | 1.21% |
| VAJRA 008 TRUST | Bond - Asset Backed | ₹42.32 Cr | 1.03% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹27.03 Cr | 0.66% |
| Bajaj Housing Finance Limited | Bond - Corporate Bond | ₹25.12 Cr | 0.61% |
| National Bank for Agriculture and Rural Development 0.0762% | Bond - Gov't Agency Debt | ₹25.08 Cr | 0.61% |
| Pipeline Infrastructure Ltd. 0.0796% | Bond - Corporate Bond | ₹15.08 Cr | 0.37% |
| SBI ALTERNATIVE INVESTMENT FUND | Mutual Fund - Open End | ₹13.73 Cr | 0.33% |
| Bahadur Chand Investments Private Limited 0.0925% | Bond - Corporate Bond | ₹12.4 Cr | 0.30% |
| Bahadur Chand Investments Private Limited 0.0925% | Bond - Corporate Bond | ₹12.34 Cr | 0.30% |
| Bank Of Baroda | Bond - Corporate Bond | ₹11.99 Cr | 0.29% |
| Godrej Industries Limited | Bond - Corporate Bond | ₹5 Cr | 0.12% |
| Triparty Repo | Cash - Repurchase Agreement | ₹4.8 Cr | 0.12% |
| State Bank Of India | Bond - Corporate Bond | ₹2 Cr | 0.05% |
| 08.10 Up SDL 2025 | Bond - Gov't/Treasury | ₹0.06 Cr | 0.00% |
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Corporate Bond | ₹2,035.44 Cr | 49.34% |
| Bond - Gov't/Treasury | ₹1,871.36 Cr | 45.36% |
| Cash - Collateral | ₹82.61 Cr | 2.00% |
| Bond - Gov't Agency Debt | ₹75.36 Cr | 1.83% |
| Bond - Asset Backed | ₹42.32 Cr | 1.03% |
| Mutual Fund - Open End | ₹13.73 Cr | 0.33% |
| Cash - Repurchase Agreement | ₹4.8 Cr | 0.12% |
Risk & Performance Ratios
Standard Deviation
This fund
1.04%
Cat. avg.
1.15%
Lower the better
Sharpe Ratio
This fund
-0.23
Cat. avg.
0.01
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
0.24
Higher the better
Fund Managers
Additional Scheme Detailsas of 15th August 2024
ISIN | INF174KA1DY6 | Expense Ratio | 0.62% | Exit Load | No Charges | Fund Size | ₹4,126 Cr | Age | 14 May 2019 | Lumpsum Minimum | ₹100 | Fund Status | Open Ended Investment Company | Benchmark | Nifty Short Duration 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:
- For investments made on or after 1 April 2023: The entire capital gain is added to the investor's income and is taxed based on the applicable income tax slab.
- For investments made before 1 April 2023:
- If sold within 2 years of investment: The capital gains are added to the investor's income and taxed according to the applicable tax slab.
- If sold after 2 years of investment: The capital gains are taxed at a flat rate of 12.5%.
- Holding the units: No tax is applicable as long as you hold the units.
Dividend Taxation:
Dividends are considered part of the investor’s income and are taxed according to their applicable tax slab. Additionally, if an investor’s dividend income exceeds INR 5,000 in a financial year, a 10% Tax Deducted at Source (TDS) is withheld by the fund house before distributing the dividend.
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 Floating Rate Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| DSP Floater Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹890.82 Cr | 9.1% |
| DSP Floater Fund Regular Growth Moderate Risk | 0.5% | 0.0% | ₹890.82 Cr | 8.7% |
| Axis Floater Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹257.78 Cr | 9.8% |
| Axis Floater Fund Regular Growth Moderate Risk | 0.5% | 0.0% | ₹257.78 Cr | 9.4% |
| Franklin India Floating Rate Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹303.41 Cr | 8.1% |
| Nippon India Floating Rate Fund Regular Growth Moderate Risk | 0.6% | 0.0% | ₹7708.05 Cr | 7.7% |
| ICICI Prudential Floating Interest Fund Regular Growth Moderate Risk | 1.2% | 0.0% | ₹8944.98 Cr | 7.8% |
| HDFC Floating Rate Debt Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹15146.70 Cr | 8.3% |
| Franklin India Floating Rate Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹303.41 Cr | 8.9% |
| Aditya Birla Sun Life Floating Rate Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹12661.60 Cr | 7.8% |
About the AMC
Total AUM
₹4,96,460 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 Low to Moderate Risk
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Who manages the Kotak Floating Rate Fund Regular Growth?
- Deepak Agrawal
- Manu Sharma
- Palha Khanna
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
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