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4 star

Kotak Savings Fund - Direct Plan download report


1 Lakh

Investment Grown to
₹ 1.04 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.23 Lakh

Suitability:

"Ultra-short Duration debt funds predominantly invest in bonds maturing in three to six months. They aim to earn slightly better returns over liquid funds but with a marginally higher degree of volatility.

They are suitable to park the amount you have set aside to meet any emergency needs or any surplus money that you don't need for the next six months up to 1-1.5 years. Investors who want to avoid the complexity of wading through the very finely classified categories of debt funds can simply give these funds a miss and stick to liquid funds for this investing need. But those, who want slightly better returns and can withstand a little more volatility, can consider ultra-short duration funds.

The risk of incurring a loss in these funds over the said timeframe is low but they do not guarantee returns or safety of capital. Remember, they are geared to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit, but 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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(₹)
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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
Kotak Savings Direct-G 2.68 0.09 0.13 0.46 1.38 2.09 3.98 5.10 6.17 6.75 --
CCIL T Bill Liquidity Weight 1.24 -0.04 0.05 0.21 0.72 0.97 1.98 2.58 3.26 3.62 --
Debt: Ultra Short Duration 2.56 0.09 0.12 0.46 1.33 2.02 4.06 5.07 5.62 6.30 --
Rank within category 6 6 6 11 6 6 11 9 3 3 --
Number of funds in category 26 26 26 26 26 26 26 21 13 13 0

As on 17-Aug-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Kotak Savings Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.98 5.10 6.17 0.36 11,487
Aditya Birla Sun Life Savings Fund - Direct Plan  | Invest Online
4 star
Jan-13 4.09 5.57 6.46 0.34 14,762
HDFC Ultra Short Term Fund - Direct Plan  | Invest Online
4 star
Sep-18 3.88 5.22 -- 0.34 13,459
ICICI Prudential Ultra Short Term Fund - Direct Plan  | Invest Now
5 star
Jan-13 4.33 5.89 6.75 0.39 13,058
Axis Ultra Short Term Fund - Direct Plan
5 star
Sep-18 4.17 5.30 -- 0.30 4,763

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 1.22 24-Mar-2020 - 31-Mar-2020 -0.73 17-Mar-2020 - 24-Mar-2020
Month 1.88 24-Mar-2020 - 23-Apr-2020 -0.53 25-Feb-2020 - 26-Mar-2020
Quarter 3.40 24-Mar-2020 - 24-Jun-2020 0.45 24-Dec-2019 - 24-Mar-2020
Year 10.68 20-Aug-2013 - 20-Aug-2014 3.59 12-May-2021 - 13-May-2022

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Kotak Savings Direct-G 5.02 0.61 2.51 5.84 1.21 2.61
CCIL T Bill Liquidity Weight 2.60 0.34 -2.61 -4.87 -- --
Debt: Ultra Short Duration 4.99 0.90 2.01 5.07 0.97 2.37
Rank within category 9 11 6 7 16 6
Number of funds in category 21 21 21 21 21 21

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

As on 31-Jul-2022

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 78 82 66 40
Modified Duration (yrs) 0.36 0.44 0.35 0.33
Average Maturity (yrs) 0.44 0.62 0.43 0.36
Yield to Maturity (%) 6.17 6.17 3.63 6.01
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
down HDFC Bank 14/10/2022 Certificate of Deposit A1+ 0.00 - 5.66 4.30
up Reserve Bank of India 182-D 15/12/2022 Treasury Bills SOV 0.00 - 4.18 4.18
down Reserve Bank of India 182-D 22/12/2022 Treasury Bills SOV 0.00 - 4.31 3.83
equal Reserve Bank of India 182-D 01/12/2022 Treasury Bills SOV 0.00 - 3.67 3.63
equal Axis Bank 2022 Certificate of Deposit A1+ 0.00 - 4.29 3.41
equal 7.35% Power Finance Corporation 15/10/2022 Debenture AAA 0.00 - 3.38 3.32
down Axis Bank 2022 Certificate of Deposit A1+ 0.00 - 3.49 3.01
equal HDFC 155-D 27/10/2022 Commercial Paper A1+ 0.00 - 3.04 3.00
equal Reserve Bank of India 182-D 08/12/2022 Treasury Bills SOV 0.00 - 2.59 2.56
new Indian Bank 2023 Certificate of Deposit A1+ 0.00 - 2.55 2.55
equal Shriram Transport Finance Company 16/06/2023 Non Convertible Debenture AA+ 0.35 - 2.39 2.18
equal Axis Bank 2022 Certificate of Deposit A1+ 0.00 - 2.17 2.14
equal HDFC Bank 2022 Certificate of Deposit A1+ 0.00 - 2.17 2.14
equal National Bank Agr. Rur. Devp 2023 Commercial Paper A1+ 0.00 - 2.29 2.11
equal Panatone Finvest 364-D 30/01/2023 Commercial Paper A1+ 0.00 - 2.28 2.11
equal Reserve Bank of India 364-D 05/01/2023 Treasury Bills SOV 0.00 - 1.98 1.95
equal 7.15% Muthoot Finance 25/11/2022 Zero Coupon Bonds AA+ 1.44 - 1.92 1.74
equal Canara Bank 2022 Certificate of Deposit A1+ 0.00 - 1.74 1.72
equal National Bank Agr. Rur. Devp 14/02/2023 Commercial Paper A1+ 0.00 - 1.70 1.68
equal National Bank Agr. Rur. Devp 16/02/2023 Certificate of Deposit A1+ 0.00 - 1.83 1.68
equal 7.45% LIC Housing Fin. 2023 Non Convertible Debenture AAA 0.00 - 1.56 1.53
new National Bank Agr. Rur. Devp 17/02/2023 Commercial Paper A1+ 0.00 - 1.47 1.47
equal SIDBI 14/02/2023 Certificate of Deposit A1+ 0.00 - 1.60 1.47
down Reserve Bank of India 182-D 08/09/2022 Treasury Bills SOV 0.00 - 2.79 1.41
equal REC 31/10/2024 Non Convertible Debenture AAA 0.00 - 1.52 1.40

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-2022

Fund Manager

— Deepak Agrawal since 01-Jan-2013

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:


0.09%

Change from previous, NAV as on 17-Aug-2022

Growth: ₹ 36.6009

IDCW Monthly: ₹ 15.9513


Investment Strategy

The scheme seeks to generate returns through investment in debt and money market instruments with a view to reduce the interest rate risk.

Investment Details

Min. Investment (₹) 5,000
Min. Addl Investment (₹) 1,000
Min. SIP Investment (₹) 1,000
Min. No of Cheques 6
Min. Withdrawal (₹) 1,000
Min. Balance (₹) 1,000
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: Kotak Mahindra Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 7.47%
Benchmark: NIFTY Ultra Short Duration Debt Index B-I
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 11,487 Cr (As on 31-Jul-2022)
Expense Ratio: 0.36% (As on 31-Jul-2022)
Risk Grade: Average
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Monthly12-Aug-20220.0668

 12-Jul-20220.0751
 13-Jun-20220.0705
 12-May-20220.0091
 12-Apr-20220.0630
 14-Mar-20220.0371
 14-Feb-20220.0589
 12-Jan-20220.0524
 13-Dec-20210.0508
 12-Nov-20210.0455
 12-Oct-20210.0369
 12-Mar-20180.0068
 14-Sep-20150.0479
 12-Aug-20150.0603
 13-Jul-20150.0525
 12-Jun-20150.0589
 12-May-20150.1081
 12-Mar-20150.0587
 12-Feb-20150.0484
 12-Jan-20150.0492
 12-Dec-20140.1088
 12-Jun-20140.0633
 12-May-20140.0569
 15-Apr-20140.0744
 12-Mar-20140.0520
IDCW Daily11-Jan-20210.0002

 08-Jan-20210.0014
 04-Jan-20210.0040
 01-Jan-20210.0036
 31-Dec-20200.0011
 30-Dec-20200.0015
 29-Dec-20200.0014
 28-Dec-20200.0044
 23-Apr-20200.0016
 22-Apr-20200.0045
 21-Apr-20200.0112
 20-Apr-20200.0101
 17-Apr-20200.0128
 16-Apr-20200.0001
 07-Apr-20200.0074
 03-Apr-20200.0078
 31-Mar-20200.0038
 30-Mar-20200.0085
 27-Mar-20200.0127
 11-Mar-20200.0010
 06-Mar-20200.0013
 05-Mar-20200.0015
 04-Mar-20200.0055
 03-Mar-20200.0007
 02-Mar-20200.0035
IDCW Weekly21-Jul-20200.0090

 14-Jul-20200.0142
 07-Jul-20200.0224
 30-Jun-20200.0167
 23-Jun-20200.0254
 16-Jun-20200.0211
 09-Jun-20200.0069
 02-Jun-20200.0054
 11-Mar-20200.0086
 03-Mar-20200.0069
 25-Feb-20200.0064
 18-Feb-20200.0082
 11-Feb-20200.0135
 04-Feb-20200.0078
 28-Jan-20200.0098
 21-Jan-20200.0069
 14-Jan-20200.0101
 07-Jan-20200.0110
 31-Dec-20190.0066
 24-Dec-20190.0079
 17-Dec-20190.0082
 10-Dec-20190.0031
 03-Dec-20190.0102
 26-Nov-20190.0106
 19-Nov-20190.0118

Contact Information

AMC: Kotak Mahindra Asset Management Company Ltd

Address: The Capital Building, Behind ICICI Bank, G Block BKC, Bandra Kurla Complex Bandra (E) Mumbai - 400051

Phone: 022-61152100 / 1800-22-2626

Fax: 022-66384455

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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