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Kotak Bond - Short Term Regular Fund

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Debt: Short Duration

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1 Lakh

Investment Grown to
₹ 1.10 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.26 Lakh

Suitability:

Short Duration debt funds invest mainly in bonds maturing in a period of one to three years. They are suitable for investment horizons of one to three years, or for the fixed-income allocation in your longer-term portfolio. You can expect to earn higher returns than what a bank fixed deposit can fetch.

The risk of incurring a loss in these funds is low, but they do not guarantee returns or safety of capital like a bank deposit. There have been instances when short duration funds have incurred losses.

Remember, their returns may not be substantially higher than inflation. They are meant to deliver steady, but low to moderate returns and are not suitable to build wealth in the long run.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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Annual Returns
Quarterly Returns
Monthly Returns
Weekly Returns

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(₹)
cal
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 8.71 0.09 0.28 1.27 1.38 5.82 10.13 8.22 8.09 8.44 8.33
CCIL T Bill Liquidity Weight 2.68 0.01 0.05 0.22 0.58 1.34 3.27 3.94 4.14 4.58 4.76
Debt: Short Duration 7.75 0.07 0.21 1.13 1.32 5.04 8.96 6.32 7.01 7.69 8.03
Rank within category 9 5 6 6 11 10 9 6 9 9 12
Number of funds in category 26 26 26 26 26 26 26 23 23 23 20

As on 20-Oct-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Kotak Bond - Short Term Regular Fund  | Invest Online
4 star
 May-02 10.13 8.22 8.09 1.14 14,379
ICICI Prudential Short Term Fund  | Invest Now
4 star
 Oct-01 10.84 8.19 8.45 1.16 18,946
SBI Short Term Debt Fund
4 star
 Jul-07 9.87 8.02 8.11 0.84 16,743
HDFC Short Term Debt Fund  | Invest Online
5 star
 Jun-10 11.19 8.88 8.62 0.76 13,569
IDFC Bond Fund Short Term Plan - Regular Plan
4 star
 Dec-00 10.08 8.35 8.12 0.80 13,334

Best & Worst Performance

Best (Period) Worst (Period)
Week 2.25 (24-Mar-2020 - 31-Mar-2020) -1.83 (10-Jul-2013 - 17-Jul-2013)
Month 4.98 (05-Dec-2008 - 05-Jan-2009) -2.16 (24-Jun-2013 - 24-Jul-2013)
Quarter 6.86 (17-Oct-2008 - 16-Jan-2009) -2.91 (20-May-2013 - 19-Aug-2013)
Year 14.24 (30-Jul-2008 - 30-Jul-2009) 3.39 (03-Feb-2010 - 03-Feb-2011)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 7.69 1.77 1.49 3.04 1.67 4.57
CCIL T Bill Liquidity Weight 3.90 0.32 -3.63 -6.95 -- --
Debt: Short Duration 6.06 3.47 0.79 1.62 0.77 1.88
Rank within category 7 6 6 4 15 6
Number of funds in category 24 24 24 24 24 24

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 30-Sep-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 126 134 120 60
Modified Duration (yrs) 2.46 3.01 1.93 2.19
Average Maturity (yrs) 3.04 3.77 2.42 2.72
Yield to Maturity (%) 5.44 7.18 5.16 5.54
Avg Credit Rating AAA -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 7.59% GOI 2026 GOI Securities SOV 0.00 - 8.56 4.91
up 7.27% GOI 2026 GOI Securities SOV 0.00 - 4.10 3.99
up 6.79% GOI 15/05/2027 GOI Securities SOV 0.00 - 3.71 3.71
equal 8.60% LIC Housing Fin. 14/01/2022 Debenture AAA 2.79 - 4.27 3.53
down 8.90% State Bank of India 2028 Non Convertible Debenture AAA 1.13 - 4.15 3.31
down 8.58% HDFC 18/03/2022 Debenture AAA 1.38 - 4.56 2.67
up Bajaj Finance 2022 Zero Coupon Bonds AAA 1.10 - 2.51 2.51
equal 6.22% HDFC 2021 Debenture AAA 0.00 - 2.78 2.41
equal 7.68% GOI 15/12/2023 GOI Securities SOV 0.00 - 3.04 2.22
equal 7.32% GOI 28/01/2024 GOI Securities SOV 2.09 - 10.01 2.09
equal 8.45% Power Finance Corp. 2022 Non Convertible Debenture AAA 1.50 - 2.23 1.99
up 6.72% Power Finance Corp. 2023 Debenture AAA 0.00 - 1.93 1.93
equal 8.60% National Bank Agr. Rur. Devp 31/01/2022 Debenture AAA 1.88 - 2.80 1.88
equal 6.75% Power Finance Corp. 22/05/2023 Debenture AAA 0.00 - 1.97 1.75
new 5.50% Kotak Mahindra Prime 2023 Debenture AAA 0.00 - 1.73 1.73
equal 8.59% Andhra Pradesh State 23/01/2023 State Development Loan SOV 1.50 - 2.22 1.50
down 7.82% Assam State 13/03/2024 State Development Loan SOV 1.49 - 3.26 1.49
equal 9.47% M&M Financial Services 22/03/2022 Zero Coupon Bonds AAA 1.43 - 2.11 1.43
equal First Business Receivable Trust Securitised Debt AAA 0.20 - 0.30 1.43
new 6.24% State Bank of India 21/09/2030 Non Convertible Debenture AAA 0.00 - 1.39 1.39
new 6.43% HDFC 29/09/2025 Debenture AAA 0.00 - 1.39 1.39
new Reserve Bank of India 182-D 24/12/2020 Treasury Bills SOV 0.00 - 1.38 1.38
equal 7.45% REC 30/11/2022 Non Convertible Debenture AAA 1.08 - 1.55 1.24
equal 7.93% Chhattisgarh State 13/02/2024 State Development Loan SOV 1.21 - 1.80 1.21
equal HDFC 19/05/2022 Non Convertible Debenture AAA 0.00 - 3.49 1.18

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 30-Sep-2020

Fund Manager

— Deepak Agrawal since 01-Aug-2007

Education: Mr. Agrawal is Post Graduate in Commerce from Mumbai University, Chartered Accountant, Company Secretary and CFA.

Experience: He has been associated with Kotak AMC since 2000.

Funds Managed:

Invest Online
0.09%

Change from previous, NAV as on 20-Oct-2020

Growth: ₹ 40.4310

Dividend Monthly: ₹ 10.2113

Dividend Half Yearly: ₹ 14.7217

Investment Strategy

The scheme seeks to provide reasonable returns and reasonably high levels of liquidity by investing in debt instruments such as bonds, debentures and Government securities; and money market instruments such as treasury bills, commercial papers, certificates 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.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 6
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) 1,000
Exit Load 0

Basic Details

Fund House: Kotak Mahindra Mutual Fund
Launch Date: 02-May-2002
Return Since Launch: 7.85%
Benchmark: NIFTY Short Duration TRI
Riskometer: Moderately Low
Type: Open-ended
Assets: ₹ 14,379 Cr (As on 30-Sep-2020)
Expense: 1.14% (As on 30-Sep-2020)
Risk Grade: Below Average
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Monthly12-Oct-20200.1029

 14-Sep-20200.0096
 12-Aug-20200.0045
 13-Jul-20200.2283
 12-Jun-20200.1255
 12-May-20200.0719
 13-Apr-20200.0044
 12-Mar-20200.0079
 12-Feb-20200.0917
 13-Jan-20200.0597
 12-Dec-20190.0146
 13-Nov-20190.0650
 15-Oct-20190.0390
 14-Oct-20190.0390
 12-Sep-20190.0507
 13-Aug-20190.0651
 12-Jul-20190.0917
 12-Jun-20190.0968
 13-May-20190.0127
 12-Apr-20190.0643
 12-Mar-20190.0574
 12-Feb-20190.0396
 14-Jan-20190.0777
 12-Dec-20180.0775
 12-Nov-20180.0484
Dividend Half Yearly21-Sep-20200.0102

 20-Mar-20190.0039
 21-Sep-20180.0042
 20-Mar-20180.0101
 20-Sep-20170.0816
 21-Sep-20150.4471
 30-Dec-20140.1759
 22-Sep-20140.0519

Contact Information

AMC: Kotak Mahindra Asset Management Company Ltd

Address: 27 BKC, C-27, G Block, Bandra Kurla Complex, Bandra (E) Mumbai - 400051

Phone: 022-61152100 / 1800-22-2626

Fax: 022-66384455

Email: [email protected]

Website: http://www.kotakmutual.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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