| KOTAK LIQUID FUND
An open ended liquid scheme
A relatively low interest rate risk and moderate credit risk
| KOTAK LIQUID FUND
An open ended liquid scheme
A relatively low interest rate risk and moderate credit risk

  

  
Investment Objective
The investment objective of the Scheme is to provide reasonable returns and high level of liquidity by investing in debt instruments such as bonds, debentures & Government Securities; and money market instruments such as treasury bills, commercial paper, certificate of deposit, including repos in permitted securities of different maturities, so as to spread the risk across different kinds of issuers in the debt markets. The Scheme may invest in call money/term money market in terms of RBI guidelines in this respect. Subject to the maximum amount permitted from time to time, the Scheme may invest in offshore securities in the manner allowed by SEBI / RBI, provided such investments are in conformity with the investment objective of the Scheme and the prevailing guidelines and Regulations. To reduce the risk of the portfolio, the Scheme may also use various derivative and hedging products from time to time, in the manner permitted by SEBI. There is no assurance that the investment objective of the Schemes will be realised.

The investment objective of the Scheme is to provide reasonable returns and high level of liquidity by investing in debt instruments such as bonds, debentures & Government Securities; and money market instruments such as treasury bills, commercial paper, certificate of deposit, including repos in permitted securities of different maturities, so as to spread the risk across different kinds of issuers in the debt markets. The Scheme may invest in call money/term money market in terms of RBI guidelines in this respect. Subject to the maximum amount permitted from time to time, the Scheme may invest in offshore securities in the manner allowed by SEBI / RBI, provided such investments are in conformity with the investment objective of the Scheme and the prevailing guidelines and Regulations. To reduce the risk of the portfolio, the Scheme may also use various derivative and hedging products from time to time, in the manner permitted by SEBI. There is no assurance that the investment objective of the Schemes will be realised.


Issuer/Instrument Rating % to Net
Assets

Debt Instruments
Debentures and Bonds
Corporate Debt/Financial Institutions
HDFC Bank Ltd. CRISIL AAA 2.07
Bajaj Finance Ltd. CRISIL AAA 0.12
Corporate Debt/Financial Institutions - Total 2.19
Government Dated Securities
6.18% Central Government SOV 6.99
Government Dated Securities - Total 6.99
Money Market Instruments
Commercial Paper(CP)/Certificate of Deposits(CD)
Corporate Debt/Financial Institutions
Reliance Retail Ventures Ltd CRISIL A1+ 5.00
Reliance Industries Ltd. CRISIL A1+ 2.96
HDFC Securities Limited ICRA A1+ 2.89
ICICI Securities Limited CRISIL A1+ 2.49
IDBI Bank Ltd. CRISIL A1+ 2.20
L & T Finance Ltd. CRISIL A1+ 2.12
Bajaj Finance Ltd. CRISIL A1+ 1.48
Larsen and Toubro Ltd. CRISIL A1+ 1.48
RBL Bank Ltd. ICRA A1+ 1.48
HDFC Bank Ltd. CARE A1+ 1.47
Karur Vysya Bank Ltd. CRISIL A1+ 1.47
Can Fin Homes Ltd. ICRA A1+ 1.46
Shriram Finance Limited CRISIL A1+ 0.89
Motilal Oswal Financial Services Limited ICRA A1+ 0.88
Axis Securities Limited CRISIL A1+ 0.74
IDFC First Bank Limited CRISIL A1+ 0.74
Julius Baer Capital (India) Pvt. Ltd CRISIL A1+ 0.74
Aditya Birla Money Ltd CRISIL A1+ 0.73
Motilal Oswal Finvest Ltd. CRISIL A1+ 0.73
TVS Credit Services Limited CRISIL A1+ 0.73
Kisetsu Saison Finance (India) Private Limited CRISIL A1+ 0.59
Sikka Ports & Terminals Ltd. CRISIL A1+ 0.59
Poonawalla Fincorp Limited CRISIL A1+ 0.58
Tata Motors Finance Ltd. ICRA A1+ 0.58
Aditya Birla Finance Ltd. ICRA A1+ 0.45
Aseem Infrastructure Finance Limited CRISIL A1+ 0.45
Bajaj Financial Securities Limited CRISIL A1+ 0.45
HDFC Bank Ltd. CRISIL A1+ 0.44
Piramal Capital & Housing Finance Ltd. CRISIL A1+ 0.37
360 One Wam Limited ICRA A1+ 0.30
Godrej Housing Finance Ltd CRISIL A1+ 0.30
IGH Holdings Private Limited CRISIL A1+ 0.30
Network18 Media & Investments Ltd. FITCH A1+ 0.30
SBICAP Securities Limited CRISIL A1+ 0.30
Tata Capital Ltd. CRISIL A1+ 0.30
Ultratech Cement Ltd. CRISIL A1+ 0.29
360 One Prime Ltd. CRISIL A1+ 0.27
Godrej Industries Ltd CRISIL A1+ 0.22
Piramal Enterprises Ltd. CRISIL A1+ 0.22
Corporate Debt/Financial Institutions - Total 39.98
Public Sector Undertakings
Bank Of Baroda FITCH A1+ 8.65
Small Industries Development Bank Of India FITCH A1+ 5.93
National Bank For Agriculture & Rural Development ICRA A1+ 4.45
Punjab National Bank CRISIL A1+ 4.41
Indian Bank CRISIL A1+ 3.40
Canara Bank CRISIL A1+ 2.96
Export-Import Bank of India CRISIL A1+ 2.21
Punjab & Sind Bank ICRA A1+ 2.19
Indian Overseas Bank CARE A1+ 2.05
National Thermal Power Corporation Ltd. CRISIL A1+ 1.54
National Bank For Agriculture & Rural Development CRISIL A1+ 1.47
Punjab National Bank CARE A1+ 1.47
PNB Housing Finance Ltd. CRISIL A1+ 1.46
UCO Bank CRISIL A1+ 0.89
Jammu And Kashmir Bank Ltd CRISIL A1+ 0.74
State Bank Of India. CRISIL A1+ 0.59
Bobcard Limited ( Formerly Known As Bob Financial Solutions Ltd) CRISIL A1+ 0.30
National Housing Bank CRISIL A1+ 0.15
Public Sector Undertakings - Total 44.86
Reverse Repo 3.92
Treasury Bills
91 DAYS TREASURY BILL 15/11/2024 SOV 4.40
91 DAYS TREASURY BILL 24/10/2024 SOV 3.24
182 DAYS TREASURY BILL 01/11/2024 SOV 1.60
91 DAYS TREASURY BILL 12/09/2024 SOV 0.69
91 DAYS TREASURY BILL 05/09/2024 SOV 0.21
91 DAYS TREASURY BILL 07/11/2024 SOV 0.11
Treasury Bills - Total 10.25
Alternative Investment Fund
CORPORATE DEBT MARKET DEVELOPMENT FUND - CLASS A2 Alternative Investment Fund 0.22
Alternative Investment Fund - Total 0.22
Net Current Assets/(Liabilities) -8.41
Grand Total 100.00



Net Asset Value (NAV)
RegularDirect
Growth Rs4984.2208Rs5026.8552
Daily IDCW Rs1223.0383Rs1223.0421
(as on August 31, 2024)

Available Plans/Options

A) Regular Plan B) Direct Plan
Options: Payout of IDCW, Reinvestment of IDCW & Growth (applicable for all plans)


Fund Manager*^ Mr. Deepak Agrawal
Benchmark***Nifty Liquid Index A-I (Tier 1), Nifty Liquid Index (Tier 2)
Allotment dateNovember 4, 2003
AAUMRs39,561.22 crs
AUMRs33,667.34 crs
Folio count54,542

IDCW Frequency

Daily


Debt Quant & Ratios
Average Maturity 0.12 yrs
Modified Duration 0.12 yrs
Macaulay Duration 0.12 yrs
Annualised YTM*7.19%
$Standard Deviation0.10%

*in case of semi annual YTM, it will be annualized
Source: $ICRA MFI Explorer

Minimum Investment Amount

Initial & Additional Investment
• Rs100 and any amount thereafter

Ideal Investments Horizon

• 7 days to month


Load Structure
Entry Load: Nil. (applicable for all plans)
Exit Load Structure: .

1. Exit load shall applicable be as per the graded basis as specified below:

Investor exit upon subscriptionExit load as a % of redemption proceeds
Day 1 0.0070%
Day 2 0.0065%
Day 3 0.0060%
Day 4 0.0055%
Day 5 0.0050%
Day 6 0.0045%
Day 7 onwards 0.0000%

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: 0.31%
Direct Plan: 0.20%

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).

Fund


Benchmark - Tier 1


Benchmark - Tier 2


This product is suitable for investors who are seeking*:
  • Income over a short term investment horizon
  • Investment in debt & money market securities

* 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'