| KOTAK MONEY MARKET FUND
An open ended debt scheme investing in money market instruments
A relatively low interest rate risk and moderate credit risk
| KOTAK MONEY MARKET FUND
An open ended debt scheme investing in money market instruments
A relatively low interest rate risk and moderate credit risk

  

  
Investment Objective
The investment objective of the Scheme is to generate returns by investing in money market instruments having maturity upto 1 year. There is no assurance that the investment objective of the Scheme will be realised.

The investment objective of the Scheme is to generate returns by investing in money market instruments having maturity upto 1 year. There is no assurance that the investment objective of the Scheme will be realised.


Issuer/Instrument Industry/
Rating		 % to Net
Assets

Government Dated Securities
7.03% Central Government SOV 2.64
5.80% Maharashtra State Govt-Maharashtra SOV 1.14
8.06% Maharashtra State Govt-Maharashtra SOV 0.58
8.05% Karnataka State Govt-Karnataka SOV 0.39
8.05% Gujarat State Govt-Gujarat SOV 0.35
8.07% Gujarat State Govt-Gujarat SOV 0.24
Government Dated Securities - Total 5.34
Money Market Instruments
Commercial Paper(CP)/Certificate of Deposits(CD)
Corporate Debt/Financial Institutions
Axis Bank Ltd. CRISIL A1+ 9.43
HDFC Bank Ltd. CARE A1+ 8.04
Indusind Bank Ltd. CRISIL A1+ 4.18
ICICI Bank Ltd. ICRA A1+ 2.64
Piramal Capital & Housing Finance Ltd. CRISIL A1+ 2.60
Panatone Finvest Ltd. CRISIL A1+ 2.20
Tata Capital Housing Finance Ltd. CRISIL A1+ 1.98
ICICI Securities Limited CRISIL A1+ 1.87
Federal Bank Ltd. CRISIL A1+ 1.77
Sharekhan Limited ICRA A1+ 1.76
Muthoot Finance Ltd. CRISIL A1+ 1.53
DBS Bank India FITCH A1+ 1.31
Motilal Oswal Financial Services Limited ICRA A1+ 1.30
Bharti Telecom Ltd. CRISIL A1+ 1.22
Birla Group Holding Private Limited CRISIL A1+ 1.09
IDFC First Bank Limited CRISIL A1+ 1.09
Barclays Investments & Loan (India) Pvt. Ltd. CRISIL A1+ 1.00
Nuvama Wealth Finance Limited CRISIL A1+ 0.89
Cholamandalam Investment And Finance Company Ltd. CRISIL A1+ 0.66
IGH Holdings Private Limited CRISIL A1+ 0.46
AU Small Finance Bank Ltd. CARE A1+ 0.44
Axis Securities Limited CRISIL A1+ 0.44
Godrej Finance Ltd CRISIL A1+ 0.44
Hinduja Leyland Finance Ltd. CRISIL A1+ 0.44
HDFC Bank Ltd. FITCH A1+ 0.33
Motilal Oswal Finvest Ltd. CRISIL A1+ 0.33
Aditya Birla Finance Ltd. ICRA A1+ 0.22
AU Small Finance Bank Ltd. CRISIL A1+ 0.22
Bahadur Chand Investments Private Limited ICRA A1+ 0.22
Nuvama Wealth Management Limited CRISIL A1+ 0.22
Pilani Investment And Industries Corporation Ltd CRISIL A1+ 0.22
Corporate Debt/Financial Institutions - Total 50.54
Public Sector Undertakings
Small Industries Development Bank Of India CARE A1+ 8.33
National Bank For Agriculture & Rural Development CRISIL A1+ 6.30
Punjab National Bank ICRA A1+ 6.04
Bank Of Baroda FITCH A1+ 4.20
Union Bank Of India FITCH A1+ 3.28
Union Bank Of India ICRA A1+ 2.18
Canara Bank CRISIL A1+ 1.54
National Bank For Agriculture & Rural Development FITCH A1+(IND) 1.10
National Bank For Agriculture & Rural Development FITCH A1+ 0.44
Public Sector Undertakings - Total 33.41
Treasury Bills
182 DAYS TREASURY BILL 05/09/2024 SOV 4.09
364 DAYS TREASURY BILL 06/02/2025 SOV 1.76
182 DAYS TREASURY BILL 29/08/2024 SOV 1.14
364 DAYS TREASURY BILL 26/12/2024(^) SOV 0.93
364 DAYS TREASURY BILL 30/01/2025 SOV 0.44
182 DAYS TREASURY BILL 22/08/2024 SOV 0.23
364 DAYS TREASURY BILL 20/02/2025 SOV 0.22
Treasury Bills - Total 8.81
Triparty Repo 1.81
Alternative Investment Fund
CORPORATE DEBT MARKET DEVELOPMENT FUND - CLASS A2 Alternative Investment Fund 0.19
Alternative Investment Fund - Total 0.19
Net Current Assets/(Liabilities) -0.10
Grand Total 100.00

Systematic Investment Plan (SIP) If you had invested Rs 10,000 every month
Monthly SIP of (₹) 10000 Since Inception 10 years 7 years 5 years 3 years 1 year
Total amount invested (₹) 25,20,000 12,00,000 8,40,000 6,00,000 3,60,000 1,20,000
Total Value as on June 28, 2024 (₹) 56,67,756 16,65,055 10,44,437 6,98,872 3,99,093 1,24,815
Scheme Returns (%) 7.12 6.39 6.14 6.06 6.84 7.64
CRISIL Money Market A-I Index Returns (%) 6.98 6.27 6.04 6.03 6.85 7.53
Alpha* 0.14 0.12 0.10 0.02 -0.01 0.10
CRISIL Money Market A-I Index (₹)# 55,71,725 16,54,722 10,40,577 6,98,447 3,99,123 1,24,751
Nifty Money Market Index Returns (%) 7.17 6.21 5.99 6.02 6.89 7.73
Alpha* -0.05 0.17 0.15 0.04 -0.04 -0.09
Nifty Money Market Index (₹)# 57,02,437 16,50,053 10,38,799 6,98,196 3,99,351 1,24,871
CRISIL 1 Year T-Bill Index (₹)^ 50,61,710 16,29,757 10,30,594 6,91,937 3,96,510 1,24,647
CRISIL 1 Year T-Bill Index Returns (%) 6.18 5.97 5.77 5.66 6.41 7.37

Scheme Inception : - July 14, 2003. 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)
RegularDirect
Growth Rs4163.59Rs4197.06
IDCW Rs1053.94Rs1163.75
(as on June 28, 2024)

Available Plans/Options

A) Regular Plan B) Direct Plan
Options: Payout of IDCW (w.e.f May 15, 2017, Under Monthly IDCW option only), Reinvestment of IDCW & Growth (applicable for all plans


Fund Manager*^ Mr. Deepak Agrawal, Mr. Manu Sharma
Benchmark***CRISIL Money Market A-I Index(Tier 1), Nifty Money Market Index (Tier 2)
Allotment dateJuly 14, 2003
AAUMRs20,766.02 crs
AUMRs16,835.64 crs
Folio count14,849

IDCW Frequency

Monthly (12th of every Month)


Debt Quant & Ratios
Average Maturity 0.58 yrs
Modified Duration0.58 yrs
Macaulay Duration0.58 yrs
Annualised YTM*7.63%
$Standard Deviation0.21%
*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

• 3-6 months


Load Structure

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


Total Expense Ratio**
Regular Plan: 0.35%
Direct Plan: 0.23%

Data as on 30th June, 2024 unless otherwise specified.
^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 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 30th June, 2024. An addendum may be issued or updated on the website for new riskometer


**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/2024/90 dated June 27, 2024 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'