| 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 | Industry/ Rating |
% to Net Assets |
|---|---|---|
| Infrastructure Investment Trusts | ||
| BHARAT HIGHWAYS INVIT | Construction | 0.39 |
| Real Estate Investments Trusts - Total | 0.39 | |
| Debt Instruments | ||
| Debentures and Bonds | ||
| Government Dated Securities | ||
| 7.18% Central Government | SOV | 43.00 |
| 8.34% Central Government(^) | SOV | 18.62 |
| 7.25% Central Government | SOV | 6.86 |
| 7.30% Central Government | SOV | 4.08 |
| 7.45% Maharashtra State Govt-Maharashtra | SOV | 1.67 |
| 7.63% Maharashtra State Govt-Maharashtra | SOV | 1.12 |
| 6.99% Telangana State Govt-Telangana | SOV | 1.09 |
| 6.80% Central Government | SOV | 0.53 |
| 8.12% Central Government(^) | SOV | 0.28 |
| 6.58% Gujarat State Govt-Gujarat | SOV | 0.12 |
| 7.78% West Bengal State Govt-West Bengal | SOV | 0.11 |
| GS CG 22 Aug 2026 - (STRIPS) | SOV | 0.08 |
| Government Dated Securities - Total | 77.56 | |
| Public Sector Undertakings | ||
| Power Finance Corporation Ltd. (^) | CRISIL AAA | 3.35 |
| State Bank of India. (Basel III TIER I Bonds) | CRISIL AA+ | 3.09 |
| Small Industries Development Bank Of India | CRISIL AAA | 1.39 |
| Rural Electrification Corporation Ltd. | CRISIL AAA | 0.33 |
| Public Sector Undertakings - Total | 8.16 | |
| Corporate Debt/Financial Institutions | ||
| HDFC Bank Ltd. | CRISIL AAA | 6.91 |
| HDB Financial Services Ltd. | CRISIL AAA | 0.12 |
| Corporate Debt/Financial Institutions - Total | 7.03 | |
| Triparty Repo | 4.48 | |
| Alternative Investment Fund | ||
| CORPORATE DEBT MARKET DEVELOPMENT FUND - CLASS A2 | AIF Units | 0.25 |
| Alternative Investment Fund - Total | 0.25 | |
| Net Current Assets/(Liabilities) | 2.13 | |
| Grand Total | 100.00 | |
| Monthly SIP of (₹) 10000 | Since Inception | 10 years | 7 years | 5 years | 3 years | 1 year |
| Total amount invested (₹) | 29,30,000 | 12,00,000 | 8,40,000 | 6,00,000 | 3,60,000 | 1,20,000 |
| Total Value as on Mar 31, 2024 (₹) | 80,99,998 | 16,63,629 | 10,43,460 | 6,92,035 | 3,93,728 | 1,25,165 |
| Scheme Returns (%) | 7.53 | 6.37 | 6.12 | 5.67 | 5.94 | 8.22 |
| Nifty Medium to Long Duration Debt Index BIII Returns (%) | NA | 7.72 | 7.65 | 7.71 | 7.27 | 7.84 |
| Alpha* | NA | -1.35 | -1.53 | -2.04 | -1.33 | 0.38 |
| Nifty Medium to Long Duration Debt Index BIII (₹)# | NA | 17,85,221 | 11,01,923 | 7,28,202 | 4,01,566 | 1,24,929 |
| Nifty Medium to Long Duration Debt Index Returns (%) | NA | 7.23 | 6.89 | 6.40 | 6.42 | 8.14 |
| Alpha* | NA | -0.86 | -0.78 | -0.73 | -0.47 | 0.07 |
| Nifty Medium to Long Duration Debt Index (₹)# | NA | 17,39,615 | 10,72,641 | 7,04,823 | 3,96,512 | 1,25,120 |
| CRISIL 10 Year Gilt Index (₹)^ | NA | 16,33,181 | 10,24,875 | 6,83,054 | 3,94,261 | 1,25,315 |
| CRISIL 10 Year Gilt Index Returns (%) | NA | 6.02 | 5.61 | 5.15 | 6.03 | 8.46 |
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 | Rs69.8348 | Rs77.4745 |
| IDCW | Rs42.7855 | Rs25.7860 |
| Fund Manager*^ | Mr. Abhishek Bisen |
| Benchmark*** | Nifty Medium to Long Duration Debt Index B-III (Tier 1) - effective upto March 31, 2024 CRISIL Medium to Long Duration Debt A-III Index (Tier 1) - effective from April 1, 2024 Nifty Medium to Long Duration Debt Index (Tier 2) |
| Allotment date | November 25, 1999 |
| AAUM | Rs1,829.85 crs |
| AUM | Rs1,810.15 crs |
| Folio count | 4,968 |
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 | 16.60 yrs |
| Modified Duration | 6.81 yrs |
| Macaulay Duration | 7.08 yrs |
| Annualised YTM* | 7.53% |
| $Standard Deviation | 0.76% |
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: | 1.76% |
| Direct Plan: | 0.64% |
Data as on 31st March, 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 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 March, 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 Mar 2024 is 13.78% of the net assets.
**Total Expense Ratio includes applicable B30 fee and GST.
***As per SEBI circular no. SEBI/HO/IMD/IMD-11 DF3/P/CIR/2021 /652 dated October 27, 2021; AMFI letter no. 35P/MEM-COR/70/2021-22 dated November 25, 2021 and AMFI letter no. 35P/ MEM-COR/ 131 / 2021-22 dated March 31, 2022 with effect from April 01, 2022 ("Effective date"), the first tier benchmark index of the scheme. Existing benchmark will be Second Tier benchmark for aforementioned scheme.
* For Fund Manager experience, please refer 'Our Fund Managers'
For last three IDCW, please refer 'Dividend History'.
For scheme performance, please refer 'Scheme Performances'