| KOTAK BOND FUND
An open ended medium term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 4 years and 7 years.
A relatively high interest rate risk and moderate credit risk.
An open ended medium term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 4 years and 7 years.
A relatively high interest rate risk and moderate credit risk.
| KOTAK BOND FUND
An open ended medium term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 4 years and 7 years.
A relatively high interest rate risk and moderate credit risk.
An open ended medium term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 4 years and 7 years.
A relatively high interest rate risk and moderate credit risk.
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Investment Objective
The investment objective of the Scheme is to create a portfolio of debt instruments such as bonds, debentures,
Government Securities and money market instruments, including repos in permitted securities of different maturities, so as to spread the risk
across different kinds of issuers in the debt markets. There is no assurance that the investment objective of the Scheme will be achieved.
The investment objective of the Scheme is to create a portfolio of debt instruments such as bonds, debentures,
Government Securities and money market instruments, including repos in permitted securities of different maturities, so as to spread the risk
across different kinds of issuers in the debt markets. There is no assurance that the investment objective of the Scheme will be achieved.
| Issuer/Instrument | Rating | % to Net Assets |
|---|---|---|
| Debt Instruments | ||
| Debentures and Bonds | ||
| Government Dated Securities | ||
| 7.18% Central Government(^) | SOV | 34.71 |
| 7.30% Central Government | SOV | 7.40 |
| 7.25% Central Government | SOV | 6.78 |
| 7.02% Central Government | SOV | 6.61 |
| 8.34% Central Government(^) | SOV | 6.19 |
| 7.32% Central Government | SOV | 5.69 |
| 7.37% Central Government | SOV | 4.72 |
| 7.34% Central Government | SOV | 3.13 |
| 7.46% Central Government | SOV | 1.96 |
| 7.09% Central Government | SOV | 1.87 |
| 7.63% Maharashtra State Govt-Maharashtra | SOV | 0.95 |
| 6.80% Central Government | SOV | 0.45 |
| 7.10% Central Government(^) | SOV | 0.39 |
| 8.31% Telangana State Govt-Telangana | SOV | 0.24 |
| 6.58% Gujarat State Govt-Gujarat | SOV | 0.10 |
| 7.78% West Bengal State Govt-West Bengal | SOV | 0.09 |
| GS CG 22 Aug 2026 - (STRIPS) | SOV | 0.07 |
| Government Dated Securities - Total | 81.35 | |
| Public Sector Undertakings | ||
| Power Finance Corporation Ltd. (^) | CRISIL AAA | 2.82 |
| Small Industries Development Bank Of India | CRISIL AAA | 1.16 |
| Rural Electrification Corporation Ltd. | CRISIL AAA | 0.28 |
| Export-Import Bank of India | CRISIL AAA | 0.07 |
| Public Sector Undertakings - Total | 4.33 | |
| Corporate Debt/Financial Institutions | ||
| HDFC Bank Ltd. | CRISIL AAA | 5.83 |
| LIC Housing Finance Ltd. | CRISIL AAA | 0.23 |
| HDB Financial Services Ltd. | CRISIL AAA | 0.10 |
| Corporate Debt/Financial Institutions - Total | 6.16 | |
| Money Market Instruments | ||
| Commercial Paper(CP)/Certificate of Deposits(CD) | ||
| Public Sector Undertakings | ||
| Punjab National Bank | CARE A1+ | 5.54 |
| Public Sector Undertakings - Total | 5.54 | |
| Triparty Repo | 0.76 | |
| Alternative Investment Fund | ||
| CORPORATE DEBT MARKET DEVELOPMENT FUND - CLASS A2 | Alternative Investment Fund | 0.24 |
| Alternative Investment Fund - Total | 0.24 | |
| Real Estate & Infrastructure Investment Trusts | ||
| BHARAT HIGHWAYS INVIT | Construction | 0.32 |
| Real Estate & Infrastructure Investment Trusts - Total | 0.32 | |
| Net Current Assets/(Liabilities) | 1.30 | |
| Grand Total | 100.00 | |
| Monthly SIP of (₹) 10000 | Since Inception | 10 years | 7 years | 5 years | 3 years | 1 year |
| Total amount invested (₹) | 29,80,000 | 12,00,000 | 8,40,000 | 6,00,000 | 3,60,000 | 1,20,000 |
| Total Value as on August 30, 2024 (₹) | 84,34,378 | 16,70,931 | 10,54,326 | 6,97,818 | 3,99,394 | 1,25,914 |
| Scheme Returns (%) | 7.55 | 6.45 | 6.40 | 5.98 | 6.87 | 9.30 |
| CRISIL Medium to Long Duration Debt A-III Index Returns (%) | 7.99 | 7.31 | 7.03 | 6.42 | 7.20 | 9.31 |
| Alpha* | -0.44 | -0.86 | -0.63 | -0.43 | -0.33 | -0.02 |
| CRISIL Medium to Long Duration Debt A-III Index (₹)# | 90,06,344 | 17,48,247 | 10,78,247 | 7,05,472 | 4,01,365 | 1,25,925 |
| Nifty Medium to Long Duration Debt Index Returns (%) | NA | 7.24 | 7.08 | 6.57 | 7.23 | 9.11 |
| Alpha* | NA | -0.79 | -0.68 | -0.59 | -0.36 | 0.19 |
| Nifty Medium to Long Duration Debt Index (₹)# | NA | 17,41,589 | 10,80,309 | 7,08,156 | 4,01,558 | 1,25,797 |
| CRISIL 10 Year Gilt Index (₹)^ | NA | 16,49,326 | 10,43,853 | 6,94,502 | 4,03,520 | 1,26,608 |
| CRISIL 10 Year Gilt Index Returns (%) | NA | 6.20 | 6.12 | 5.79 | 7.56 | 10.40 |
Scheme Inception: - November 25,1999. The returns are calculated by XIRR approach assuming investment of ₹10,000/- on the 1st working day of every month. XIRR helps in calculating return on
investments given an initial and final value and a series of cash inflows and outflows and taking the time of investment into consideration. Since inception returns are assumed to be starting from the
beginning of the subsequent month from the date of inception. The SIP Performance is for Regular Plan – Growth Option Different plans have different expense structure. # Benchmark; ^ Additional
Benchmark. Alpha is difference of scheme return with benchmark return. *All payouts during the period have been reinvested in the units of the scheme at the then prevailing NAV. Source: ICRA MFI
Explorer.
Net Asset Value (NAV)
| Regular | Direct | |
| Growth | Rs72.2761 | Rs80.5121 |
| IDCW | Rs44.2812 | Rs26.7970 |
| Fund Manager*^ | Mr. Abhishek Bisen |
| Benchmark*** | CRISIL Medium to Long Duration Debt A-III Index (Tier 1), Nifty Medium to Long Duration Debt Index (Tier 2) |
| Allotment date | November 25, 1999 |
| AAUM | Rs2,129.21 crs |
| AUM | Rs2,161.30 crs |
| Folio count | 5,067 |
Available Plans/Options
A) Regular Plan B) Direct Plan
Options: Payout of IDCW, Reinvestment of
IDCW & Growth (applicable for all plans)
IDCW Frequency
At discretion of trustees
Debt Quant & Ratios
| Average Maturity | 14.00 yrs |
| Modified Duration | 6.62 yrs |
| Macaulay Duration | 6.86 yrs |
| Annualised YTM* | 7.16% |
| $Standard Deviation | 1.85% |
Source: $ICRA MFI Explorer
Minimum Investment Amount
Initial & Additional Investment
• Rs100 and any amount thereafter
Systematic Investment Plan (SIP)
• Rs 100 and any amount thereafter
Ideal Investments Horizon
• 2-3 years
Load Structure
Entry Load:
Nil. (applicable for all plans)
Exit Load: Nil.(applicable for all plans)
Total Expense Ratio**
| Regular Plan: | 1.64% |
| Direct Plan: | 0.69% |
Data as on 31st August, 2024 unless
otherwise specified.
Folio count data as on 31st July 2024.
^Ms. Palha Khanna (Dedicated fund manager for investments in foreign securities).
Folio count data as on 31st July 2024.
Fund
Benchmark - Tier 1
Benchmark - Tier 2
This product is suitable for investors who are seeking*:
- Income over a long investment horizon
- Investment in debt & money market securities with a portfolio Macaulay duration between 4 years & 7 years.
* Investors should consult their financial advisors if in doubt about whether the product is suitable for them.
The above risk-o—meter is based on the scheme portfolio as on 31st July, 2024. An addendum may be issued or updated on the website for new riskometer.
(^) Fully or Party blocked against Interest Rate Swap (IRS) Hedging Position through Interest Rate Swaps as on 31 Aug 2024 is 2.30% of the net assets.
**Total Expense Ratio includes applicable B30 fee and GST.
***As per para 1.9 of of SEBI Master circular No. SEBI/HO/IMD/IMD-PoD-1/P/CIR/2023/74 dated May 19, 2023 The first tier benchmark is reflective of the category of the scheme and the second tier benchmark is demonstrative of the investment style / strategy of the Fund Manager within the category.
* For Fund Manager experience, please refer 'Our Fund Managers'
For last three IDCW, please refer 'Dividend History'.
For scheme performance, please refer 'Scheme Performances'