| KOTAK NIFTY SDL APR 2027 TOP 12 EQUAL WEIGHT INDEX FUND
An open-ended Target Maturity Index Fund investing in constituents of Nifty SDL Apr 2027 Top 12 Equal Weight Index. A relatively high interest rate risk and relatively low credit risk
An open-ended Target Maturity Index Fund investing in constituents of Nifty SDL Apr 2027 Top 12 Equal Weight Index. A relatively high interest rate risk and relatively low credit risk
| KOTAK NIFTY SDL APR 2027 TOP 12 EQUAL WEIGHT INDEX FUND
An open-ended Target Maturity Index Fund investing in constituents of Nifty SDL Apr 2027 Top 12 Equal Weight Index. A relatively high interest rate risk and relatively low credit risk
An open-ended Target Maturity Index Fund investing in constituents of Nifty SDL Apr 2027 Top 12 Equal Weight Index. A relatively high interest rate risk and relatively low credit risk
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Investment Objective
The investment objective of the scheme is to
track the Nifty SDL Apr 2027 Top 12 Equal
Weight Index by investing in SDLs, maturing on or before Apr 2027, subject to tracking errors.
However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.
However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.
The investment objective of the scheme is to
track the Nifty SDL Apr 2027 Top 12 Equal
Weight Index by investing in SDLs, maturing on or before Apr 2027, subject to tracking errors.
However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.
However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.
| Issuer/Instrument | Rating | % to Net Assets |
|---|---|---|
| Government Dated Securities | ||
| 7.59% Karnataka State Govt-Karnataka | SOV | 12.27 |
| 7.86% Karnataka State Govt-Karnataka | SOV | 7.26 |
| 7.59% Gujarat State Govt-Gujarat | SOV | 4.58 |
| 7.57% Gujarat State Govt-Gujarat | SOV | 4.40 |
| 7.62% Tamil Nadu State Govt-Tamil Nadu | SOV | 3.76 |
| 7.78% West Bengal State Govt-West Bengal | SOV | 3.68 |
| 7.62% Uttar Pradesh State Govt-Uttar Pradesh | SOV | 3.63 |
| 7.75% Karnataka State Govt-Karnataka | SOV | 3.61 |
| 6.58% Gujarat State Govt-Gujarat | SOV | 3.31 |
| 7.64% Haryana State Govt-Haryana | SOV | 3.04 |
| 7.20% Tamil Nadu State Govt-Tamil Nadu | SOV | 2.99 |
| 7.61% Tamil Nadu State Govt-Tamil Nadu | SOV | 2.62 |
| 7.71% Gujarat State Govt-Gujarat | SOV | 2.57 |
| 7.61% Rajasthan State Govt-Rajasthan | SOV | 2.13 |
| 7.64% West Bengal State Govt-West Bengal | SOV | 1.98 |
| 7.19% Gujarat State Govt-Gujarat | SOV | 1.92 |
| 7.74% Tamil Nadu State Govt-Tamil Nadu | SOV | 1.91 |
| 7.85% Tamil Nadu State Govt-Tamil Nadu | SOV | 1.89 |
| 7.76% Madhya Pradesh State Govt-Madhya Pradesh | SOV | 1.89 |
| 7.87% Uttar Pradesh State Govt-Uttar Pradesh | SOV | 1.62 |
| 6.72% Kerala State Govt-Kerala | SOV | 1.53 |
| 8.31% Rajasthan State Govt-Rajasthan | SOV | 1.46 |
| 7.73% Rajasthan State Govt-Rajasthan | SOV | 1.32 |
| 7.60% Madhya Pradesh State Govt-Madhya Pradesh | SOV | 1.31 |
| 7.62% Andhra Pradesh State Govt-Andhra Pradesh | SOV | 1.13 |
| 7.59% Haryana State Govt-Haryana | SOV | 1.13 |
| 7.20% Karnataka State Govt-Karnataka | SOV | 1.08 |
| 7.16% Tamil Nadu State Govt-Tamil Nadu | SOV | 1.06 |
| 7.24% Gujarat State Govt-Gujarat | SOV | 1.06 |
| 7.85% Rajasthan State Govt-Rajasthan | SOV | 1.01 |
| 6.54% Maharashtra State Govt-Maharashtra | SOV | 0.97 |
| 7.64% Uttar Pradesh State Govt-Uttar Pradesh | SOV | 0.96 |
| 7.10% Bihar State Govt-Bihar | SOV | 0.95 |
| 7.89% Haryana State Govt-Haryana | SOV | 0.82 |
| 7.41% Uttar Pradesh State Govt-Uttar Pradesh | SOV | 0.81 |
| 7.14% Andhra Pradesh State Govt-Andhra Pradesh | SOV | 0.78 |
| 7.27% Karnataka State Govt-Karnataka | SOV | 0.75 |
| 7.92% West Bengal State Govt-West Bengal | SOV | 0.71 |
| 7.59% Bihar State Govt-Bihar | SOV | 0.63 |
| 7.28% Haryana State Govt-Haryana | SOV | 0.62 |
| 7.63% West Bengal State Govt-Karnataka | SOV | 0.56 |
| 7.15% Karnataka State Govt-Karnataka | SOV | 0.44 |
| 7.80% Kerala State Govt-Kerala | SOV | 0.44 |
| 7.42% Andhra Pradesh State Govt-Andhra Pradesh | SOV | 0.44 |
| 7.77% Kerala State Govt-Kerala | SOV | 0.44 |
| 7.80% Haryana State Govt-Haryana | SOV | 0.44 |
| 7.78% Bihar State Govt-Bihar | SOV | 0.43 |
| 7.12% Bihar State Govt-Bihar | SOV | 0.37 |
| 7.14% Gujarat State Govt-Gujarat | SOV | 0.33 |
| 6.48% Rajasthan State Govt-Rajasthan | SOV | 0.31 |
| 7.08% Karnataka State Govt-Karnataka | SOV | 0.25 |
| 7.16% West Bengal State Govt-Karnataka | SOV | 0.25 |
| 7.15% Rajasthan State Govt-Rajasthan | SOV | 0.19 |
| 7.10% West Bengal State Govt-West Bengal | SOV | 0.19 |
| 7.85% Bihar State Govt-Bihar | SOV | 0.13 |
| 7.23% Andhra Pradesh State Govt-Andhra Pradesh | SOV | 0.13 |
| 6.90% Andhra Pradesh State Govt-Andhra Pradesh | SOV | 0.12 |
| 7.64% Kerala State Govt-Kerala | SOV | 0.09 |
| 7.59% Rajasthan State Govt-Rajasthan | SOV | 0.09 |
| 7.67% Uttar Pradesh State Govt-Uttar Pradesh | SOV | 0.06 |
| 7.20% Uttar Pradesh State Govt-Uttar Pradesh | SOV | 0.06 |
| 7.25% Maharashtra State Govt-Maharashtra | SOV | 0.06 |
| 7.29% Bihar State Govt-Bihar | SOV | 0.06 |
| 7.29% Kerala State Govt-Kerala | SOV | 0.06 |
| 7.39% Tamil Nadu State Govt-Tamil Nadu | SOV | 0.06 |
| 7.63% Gujarat State Govt-Gujarat | SOV | 0.03 |
| Government Dated Securities - Total | 97.18 | |
| Triparty Repo | 0.61 | |
| Net Current Assets/(Liabilities) | 2.21 | |
| Grand Total | 100.00 | |
Net Asset Value (NAV)
| Regular | Direct | |
| Growth | Rs11.4831 | Rs11.5287 |
| IDCW | Rs11.4834 | Rs11.5285 |
Available Plans/Options
Regular & Direct Plan
Options: Payout of IDCW, Reinvestment of
IDCW & Growth (applicable for all plans)
| Fund Manager* | Mr. Abhishek Bisen |
| Benchmark | Nifty SDL Apr 2027 Top 12 Equal Weight Index |
| Allotment date | February 11, 2022 |
| AAUM | Rs8,096.05 crs |
| AUM | Rs8,093.36 crs |
| Folio count | 5,598 |
Debt Quant
| Average Maturity | 2.41 yrs |
| Modified Duration | 2.12 yrs |
| Macaulay Duration | 2.20 yrs |
| Annualised YTM* | 7.11% |
| Tracking Error | 0.73% |
Minimum Investment Amount
Initial & Additional Investment
• Rs100 and any amount thereafter
Systematic Investment Plan (SIP)
• Rs 100 and any amount thereafter
Ideal Investments Horizon
• 1 year & above
IDCW Frequency
Trustee's Discretion
Load Structure
Entry Load:
Nil. (applicable for all plans)
Exit Load: For redemption / switch-out of
units on or before 30 days from the date of
allotment: 0.15% of applicable NAV. For
redemption / switch-out of units after 30
days from the date of allotment – Nil. Any
exit load charged (net off Goods and
Services tax, if any) shall be credited back
to the Scheme. Units issued on
reinvestment of IDCW shall not be subject
to entry and exit load.
Total Expense Ratio**
| Regular Plan: | 0.35% |
| Direct Plan: | 0.20% |
Data as on 31st August, 2024 unless otherwise specified.
Folio count data as on 31st July 2024.
Folio count data as on 31st July 2024.
Fund
Benchmark
This product is suitable for investors who are seeking*:
- Income over Target Maturity Periods
- Target Maturity Index Fund tracking Nifty SDL Apr 2027 Top 12 Equal weight Index
* 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
**Total Expense Ratio includes applicable B30 fee and GST
* For Fund Manager experience, please refer 'Our Fund Managers'
For scheme performance, please refer 'Scheme Performances'