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Kotak Bond - Short Term Regular Fund

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Debt: Short Duration

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
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 7.14 -0.05 -0.06 0.52 3.78 5.54 10.26 8.01 8.23 8.63 8.23
CCIL T Bill Liquidity Weight 2.23 0.03 0.05 0.20 0.67 1.81 3.70 4.08 4.26 4.78 4.78
Debt: Short Duration 6.40 -0.03 -0.04 0.48 3.88 4.87 8.46 6.08 7.09 7.83 7.94
Rank within category 12 18 19 9 16 11 11 6 8 9 12
Number of funds in category 27 27 27 27 27 27 27 24 24 23 21

As on 07-Aug-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 10.26 8.01 8.23 1.14 14,193
ICICI Prudential Short Term Fund  | Invest Now
4 star
 Oct-01 10.91 7.93 8.66 1.15 15,234
SBI Short Term Debt Fund
4 star
 Jul-07 10.29 7.92 8.29 0.84 14,777
HDFC Short Term Debt Fund  | Invest Online
5 star
 Jun-10 11.32 8.74 8.69 0.74 12,737
IDFC Bond Fund Short Term Plan - Regular Plan
4 star
 Dec-00 10.43 8.23 8.23 0.80 12,716

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 7.86 1.71 1.55 3.35 1.20 4.07
CCIL T Bill Liquidity Weight 4.03 0.29 -4.08 -7.51 -- --
Debt: Short Duration 6.14 3.46 0.78 1.62 0.40 1.39
Rank within category 6 6 4 3 15 6
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-Jul-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 128 134 120 69
Modified Duration (yrs) 3.01 3.01 1.93 --
Average Maturity (yrs) 3.77 3.77 2.42 --
Yield to Maturity (%) 5.51 7.69 5.51 --

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 7.18
new Reserve Bank of India 91-D 13/08/2020 Treasury Bills SOV 0.00 - 6.51 6.51
equal 8.60% LIC Housing Fin. 14/01/2022 Debenture AAA 2.79 - 4.27 3.59
equal 7.27% GOI 2026 GOI Securities SOV 0.00 - 4.10 3.11
up 8.58% HDFC 18/03/2022 Debenture AAA 1.38 - 5.39 3.09
up 5.79% GOI 2030 GOI Securities SOV 0.00 - 3.05 3.05
up 7.68% GOI 15/12/2023 GOI Securities SOV 0.00 - 3.04 3.04
equal 7.32% GOI 28/01/2024 GOI Securities SOV 0.00 - 10.01 2.90
equal 6.22% HDFC 2021 Debenture AAA 0.00 - 2.78 2.34
equal 7.82% Assam State 13/03/2024 State Development Loan SOV 2.26 - 3.26 2.26
equal 8.60% National Bank Agr. Rur. Devp 31/01/2022 Debenture AAA 1.91 - 2.80 1.91
down 9.75% Jamnagar Utilities and Power 2024 Debenture AAA 1.54 - 2.76 1.82
new Reserve Bank of India 84-D 20/08/2020 Treasury Bills SOV 0.00 - 1.76 1.76
equal 6.79% GOI 15/05/2027 GOI Securities SOV 0.00 - 2.29 1.72
equal 8.59% Andhra Pradesh State 23/01/2023 State Development Loan SOV 1.53 - 2.22 1.53
equal 8.45% Power Finance Corp. 2022 Non Convertible Debenture AAA 1.50 - 2.17 1.50
equal 9.47% M&M Financial Services 22/03/2022 Zero Coupon Bonds AAA 1.45 - 2.11 1.45
equal First Business Receivable Trust Securitised Debt AAA 0.20 - 0.30 1.44
new Reserve Bank of India 91-D 29/10/2020 Treasury Bills SOV 0.00 - 1.40 1.40
down HDFC 19/05/2022 Non Convertible Debenture AAA 0.00 - 3.49 1.38
equal 7.93% Chhattisgarh State 13/02/2024 State Development Loan SOV 1.25 - 1.80 1.25
equal 8.90% State Bank of India 2028 Non Convertible Debenture AAA 1.13 - 1.63 1.13
equal Bajaj Finance 2022 Zero Coupon Bonds AAA 0.00 - 2.30 1.10
down 7.25% HDFC 17/06/2030 Debenture AAA 0.00 - 1.58 1.09
equal 7.45% REC 30/11/2022 Non Convertible Debenture AAA 1.08 - 1.55 1.08

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-Jul-2020

*As on 30-Jun-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
-0.05%

Change from previous, NAV as on 07-Aug-2020

Growth: ₹ 39.8486

Dividend Monthly: ₹ 10.1799

Dividend Half Yearly: ₹ 14.5199

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: 7.86%
Benchmark: NIFTY Short Duration TRI
Riskometer: Moderately Low
Type: Open-ended
Assets: ₹ 14,193 Cr (As on 31-Jul-2020)
Expense: 1.14% (As on 30-Jun-2020)
Risk Grade: Below Average
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Monthly13-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
 12-Oct-20180.0389
 12-Sep-20180.0022
 13-Aug-20180.0489
Dividend Half Yearly20-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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