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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
₹ 1.03 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.23 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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(₹)
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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 3.19 0.02 0.07 0.19 0.93 2.20 3.48 7.95 6.75 7.54 8.02
CCIL T Bill Liquidity Weight 1.84 0.03 0.05 0.20 0.47 1.08 2.01 3.25 3.53 4.01 4.49
Debt: Short Duration 3.91 0.04 0.08 0.29 1.51 2.64 4.19 6.45 5.88 6.90 7.63
Rank within category 11 24 16 26 6 6 10 7 8 8 8
Number of funds in category 26 28 28 28 28 27 26 25 23 23 21

As on 26-Nov-2021

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 3.48 7.95 6.75 1.16% 17,142
ICICI Prudential Short Term Fund  | Invest Now
5 star
 Oct-01 4.23 8.36 6.99 1.13% 20,584
HDFC Short Term Debt Fund  | Invest Online
5 star
 Jun-10 4.16 8.45 7.56 0.75% 19,407
IDFC Bond Fund Short Term Plan - Regular Plan
4 star
 Dec-00 3.43 7.90 6.94 0.77% 12,688
Axis Short Term Fund
4 star
 Jan-10 3.63 8.07 6.97 0.99% 11,790

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) 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 7.88 1.84 2.19 3.59 1.99 5.24
CCIL T Bill Liquidity Weight 3.25 0.40 -1.53 -4.22 -- --
Debt: Short Duration 6.49 3.55 1.42 2.55 0.71 3.06
Rank within category 7 9 5 10 17 5
Number of funds in category 25 25 25 25 25 25

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

As on 31-Oct-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 136 159 136 59
Modified Duration (yrs) 1.81 2.46 1.68 --
Average Maturity (yrs) 3.56 3.91 2.87 --
Yield to Maturity (%) 5.17 5.30 4.77 --
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 2.33 - 12.96 12.59
up GOI 22/09/2033 GOI Securities Floating Rate Bond SOV 0.00 - 6.45 6.45
up GOI 2031 GOI Securities SOV 0.00 - 3.90 3.90
down 6.51% GOI 2024 GOI Securities SOV 0.00 - 3.21 3.07
new Reserve Bank of India 364-D 02/12/2021 Treasury Bills SOV 0.00 - 2.91 2.91
equal 5.40% Bajaj Finance 2023 Debenture AAA 0.00 - 2.81 2.34
new HDFC 30/09/2024 Debenture AAA 0.00 - 2.33 2.33
equal 8.24% Kerala State 13/05/2025 State Development Loan SOV 0.00 - 2.69 1.99
equal 8.45% Power Finance Corporation 2022 Non Convertible Debenture AAA 1.48 - 1.86 1.77
new Reserve Bank of India 91-D 13/01/2022 Treasury Bills SOV 0.00 - 1.74 1.74
new HDFC 85-D 14/01/2022 Commercial Paper A1+ 0.00 - 1.74 1.74
equal Reserve Bank of India 91-D 02/12/2021 Treasury Bills SOV 0.00 - 1.65 1.65
equal 5.65% Bajaj Finance 2024 Debenture AAA 0.00 - 1.86 1.60
equal 5.40% Nabha Power 15/05/2023 Debenture AAA 0.00 - 1.51 1.46
equal 6.75% Sikka Ports and Terminals 22/04/2026 Debenture AAA 0.00 - 1.45 1.33
equal 8.38% Haryana State 27/01/2026 State Development Loan SOV 0.00 - 2.08 1.33
equal 8.90% State Bank of India Additional Tier 2 Bond AAA 1.09 - 1.50 1.30
equal 8.57% Gujarat State 2028 State Development Loan SOV 0.00 - 1.24 1.23
equal 5.50% Kotak Mahindra Prime 2023 Debenture AAA 0.96 - 1.21 1.17
equal 5.72% LIC Housing Fin. 22/02/2024 Debenture AAA 0.00 - 1.21 1.17
equal 5.15% Kotak Mahindra Prime 28/09/2022 Debenture AAA 0.00 - 1.21 1.17
equal 9.47% M&M Financial Services 22/03/2022 Zero Coupon Bonds AAA 0.97 - 1.22 1.16
new 5.23% National Bank Agr. Rur. Devp 31/01/2025 Non Convertible Debenture AAA 0.00 - 1.16 1.16
equal Reserve Bank of India 182-D 02/12/2021 Treasury Bills SOV 0.00 - 1.19 1.16
new 6.40% Jamnagar Utilities and Power 29/09/2026 Non Convertible Debenture AAA 0.00 - 1.01 1.01

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 31-Oct-2021

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
0.02%

Change from previous, NAV as on 26-Nov-2021

Growth: ₹ 42.2166

IDCW: ₹ 10.0421

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
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: Kotak Mahindra Mutual Fund
Launch Date: 02-May-2002
Return Since Launch: 7.63%
Benchmark: NIFTY Short Duration Index
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 17,142 Cr (As on 31-Oct-2021)
Expense: 1.16% (As on 31-Oct-2021)
Risk Grade: Average
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Monthly13-Sep-20210.0767

 12-Aug-20210.0621
 14-Jun-20210.0599
 12-May-20210.0607
 12-Apr-20210.0886
 12-Mar-20210.0077
 12-Feb-20210.0345
 12-Jan-20210.0272
 14-Dec-20200.0552
 12-Nov-20200.0768
 12-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
IDCW Half Yearly22-Mar-20210.2087

 21-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: https://www.kotakmf.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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