Kotak Gilt Investment Fund Direct Growth
DebtGovernment BondLow to Moderate Risk
Direct
NAV (06-Sep-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹3,386 Cr
Expense Ratio
0.47%
ISIN
INF174K01KE4
Minimum SIP
₹100
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
As of 06-Sep-24, it has a Net Asset Value (NAV) of ₹103.21, Assets Under Management (AUM) of 3385.71 Crores, and an expense ratio of 0.47%.
- Kotak Gilt Investment Fund Direct Growth has given a CAGR return of 8.47% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 96.55% in debts, and 3.45% in cash & cash equivalents.
- You can start investing in Kotak Gilt Investment 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
+10.03%
+8.71% (Cat Avg.)
3 Years
+6.62%
+5.54% (Cat Avg.)
5 Years
+7.50%
+5.94% (Cat Avg.)
10 Years
+9.04%
+7.24% (Cat Avg.)
Since Inception
+8.47%
— (Cat Avg.)
Portfolio Summaryas of 15th August 2024
| Debt | ₹3,268.84 Cr | 96.55% |
| Others | ₹116.86 Cr | 3.45% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| 7.3% Govt Stock 2053 | Bond - Gov't/Treasury | ₹957.97 Cr | 28.29% |
| 7.25% Govt Stock 2063 | Bond - Gov't/Treasury | ₹798.12 Cr | 23.57% |
| 7.46% Govt Stock 2073 | Bond - Gov't/Treasury | ₹411.98 Cr | 12.17% |
| 7.34% Govt Stock 2064 | Bond - Gov't/Treasury | ₹396.91 Cr | 11.72% |
| 6.8% Govt Stock 2060 | Bond - Gov't/Treasury | ₹203.12 Cr | 6.00% |
| 7.18% Govt Stock 2037 | Bond - Gov't/Treasury | ₹194.7 Cr | 5.75% |
| 7.18% Govt Stock 2033 | Bond - Gov't/Treasury | ₹98.31 Cr | 2.90% |
| Triparty Repo | Cash - Repurchase Agreement | ₹65.8 Cr | 1.94% |
| 07.03 Goi 2054 | Bond - Gov't/Treasury | ₹63.46 Cr | 1.87% |
| Net Current Assets/(Liabilities) | Cash - Collateral | ₹51.06 Cr | 1.51% |
| 7.02% Govt Stock 2031 | Bond - Gov't/Treasury | ₹26.64 Cr | 0.79% |
| Tamil Nadu (Government of) 0.0738% | Bond - Sub-sovereign Government Debt | ₹23.45 Cr | 0.69% |
| 07.95 FERT BND 2026 | Bond - Gov't Agency Debt | ₹11.9 Cr | 0.35% |
| Karnataka (Government of) 0.0742% | Bond - Sub-sovereign Government Debt | ₹11.74 Cr | 0.35% |
| 07.70 MH Sgs 2031 | Bond - Gov't/Treasury | ₹11.28 Cr | 0.33% |
| 7.32% Govt Stock 2030 | Bond - Gov't/Treasury | ₹10.24 Cr | 0.30% |
| 08.28 Tn Sdl 2028mar | Bond - Gov't/Treasury | ₹7.26 Cr | 0.21% |
| 08.37 Tn SDL 2028 | Bond - Gov't/Treasury | ₹5.2 Cr | 0.15% |
| 07.70 MH Sgs 2030 | Bond - Gov't/Treasury | ₹5.13 Cr | 0.15% |
| 07.18 Tn SDL 2027 | Bond - Gov't/Treasury | ₹5.02 Cr | 0.15% |
| 7.26% Govt Stock 2032 | Bond - Gov't/Treasury | ₹3.07 Cr | 0.09% |
| 07.84 Tn SDL 2026 | Bond - Gov't/Treasury | ₹3.04 Cr | 0.09% |
| 0% GOI- 22082026 STRIPS | Bond - Gov't/Treasury | ₹2.97 Cr | 0.09% |
| GS CG 23/12/2025 - (STRIPS) TB | Bond - Gov't/Treasury | ₹2.74 Cr | 0.08% |
| 07.91 UP Sgs 2037 | Bond - Gov't/Treasury | ₹2.69 Cr | 0.08% |
| 06.57 AP Sdl 2030 | Bond - Gov't/Treasury | ₹2.43 Cr | 0.07% |
| 08.39 Up SDL 2028 | Bond - Gov't/Treasury | ₹2.08 Cr | 0.06% |
| 08.08 MH Sdl 2028 | Bond - Gov't/Treasury | ₹2.07 Cr | 0.06% |
| 07.80 Tn SDL 2032 27 Jul | Bond - Gov't/Treasury | ₹1.55 Cr | 0.05% |
| 06.68 HR Sdl 2039 | Bond - Gov't/Treasury | ₹1.53 Cr | 0.05% |
| 07.68 KA Sgs 2031 | Bond - Gov't/Treasury | ₹1.03 Cr | 0.03% |
| 06.78 KA Sdl 2032 | Bond - Gov't/Treasury | ₹0.95 Cr | 0.03% |
| 08.16 GJ Sdl 2028 | Bond - Gov't/Treasury | ₹0.26 Cr | 0.01% |
| 6.67% Govt Stock 2035 | Bond - Gov't/Treasury | ₹0 Cr | 0.00% |
| 6.67% Govt Stock 2050 | Bond - Gov't/Treasury | ₹0 Cr | 0.00% |
| 8.34% Govt Stock 2033 | Bond - Gov't/Treasury | ₹0 Cr | 0.00% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Gov't/Treasury | ₹3,221.74 Cr | 95.16% |
| Cash - Repurchase Agreement | ₹65.8 Cr | 1.94% |
| Cash - Collateral | ₹51.06 Cr | 1.51% |
| Bond - Sub-sovereign Government Debt | ₹35.19 Cr | 1.04% |
| Bond - Gov't Agency Debt | ₹11.9 Cr | 0.35% |
Risk & Performance Ratios
Standard Deviation
This fund
2.20%
Cat. avg.
2.41%
Lower the better
Sharpe Ratio
This fund
0.33
Cat. avg.
-0.14
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.14
Higher the better
Fund Managers
Abhishek Bisen
Since April 2008
Palha Khanna
Since July 2023
Additional Scheme Detailsas of 15th August 2024
ISIN | INF174K01KE4 | Expense Ratio | 0.47% | Exit Load | No Charges | Fund Size | ₹3,386 Cr | Age | 01 Jan 2013 | Lumpsum Minimum | ₹100 | Fund Status | Open Ended Investment Company | Benchmark | NIFTY All Duration G-Sec 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 Government Bond Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Mirae Asset Nifty 8-13 yr G-Sec ETF Moderate Risk | 0.1% | - | ₹84.13 Cr | 9.1% |
| Nippon India ETF Nifty SDL Apr 2026 Top 20 Equal Weight Low to Moderate Risk | 0.2% | - | ₹7113.08 Cr | 7.9% |
| Nippon India Gilt Securities Fund Regular Growth Moderate Risk | 1.3% | 0.0% | ₹1876.87 Cr | 9.1% |
| Tata Gilt Securities Fund Regular Growth Moderate Risk | 1.6% | 0.0% | ₹740.81 Cr | 7.9% |
| BHARAT Bond ETF April 2033 Moderate Risk | 0.0% | - | ₹5773.78 Cr | 9.1% |
| Franklin India Government Securities Regular Growth Moderate Risk | 1.1% | 0.0% | ₹143.62 Cr | 7.1% |
| HDFC Gilt Fund Regular Growth Moderate Risk | 0.9% | 0.0% | ₹2580.51 Cr | 8.8% |
| UTI Gilt Fund Regular Growth Moderate Risk | 0.9% | 0.0% | ₹647.48 Cr | 8.9% |
| ICICI Prudential Gilt Fund Regular Growth Moderate Risk | 1.1% | 0.0% | ₹6292.48 Cr | 8.1% |
| SBI Magnum Gilt Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹9500.76 Cr | 9.3% |
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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What is the current NAV of Kotak Gilt Investment Fund Direct Growth?
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Who manages the Kotak Gilt Investment Fund Direct Growth?
- Abhishek Bisen
- 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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