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Kotak Gilt Investment - Direct Plan download report

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Debt: Gilt

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1 Lakh

Investment Grown to
₹ 1.02 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.20 Lakh

Suitability:

"This is a fund that invests mainly in bonds issued by the government of India. These bonds do not carry any risk of default since the repayment of investors' money is backed by the government. But they are prone to sharp ups and downs because of changes in interest rates.

However, retail investors can avoid these funds altogether. There are far too many kinds of debt funds with a highly nuanced classification based on the type or duration of bonds they can invest in. We believe that so many fund categories add to complexity which is easily avoidable. Retail investors can simply invest in Liquid funds for an investment horizon of up to one year and Short Duration funds for the fixed income allocation (which should be 100 per cent for an investment horizon of up to three years) in their longer-term portfolios."

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
Kotak Gilt Inv Direct-G -0.73 0.03 -0.05 -0.26 -0.79 -0.91 2.30 8.09 7.32 8.41 --
CCIL All Sovereign Bond - TRI -2.35 0.17 0.07 -0.34 -2.74 -2.83 -0.32 7.03 6.95 7.77 --
Debt: Gilt -0.90 0.02 -0.06 -0.54 -1.07 -0.90 1.69 7.35 6.71 7.82 --
Rank within category 11 8 11 10 10 12 4 7 8 8 --
Number of funds in category 24 26 26 26 24 24 23 21 21 21 0

As on 18-May-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Kotak Gilt Investment - Direct Plan  | Invest Online
3 star
 Jan-13 2.30 8.09 7.32 0.39% 1,646
SBI Magnum Gilt Fund - Direct Plan  | Invest Online
4 star
 Jan-13 2.45 8.54 7.35 0.46% 3,530
IDFC Government Securities Fund - Investment Plan - Direct Plan  | Invest Online
4 star
 Jan-13 1.04 8.34 7.55 0.61% 1,426
Aditya Birla Sun Life Government Securities Fund - Direct Plan  | Invest Online
4 star
 Jan-13 1.82 7.98 7.28 0.29% 1,108
DSP Government Securities Fund - Direct Plan  | Invest Online
4 star
 Jan-13 2.23 8.66 7.77 0.54% 412

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 6.05 19-Aug-2013 - 26-Aug-2013 -5.14 12-Aug-2013 - 19-Aug-2013
Month 5.86 19-Aug-2013 - 18-Sep-2013 -8.61 19-Jul-2013 - 19-Aug-2013
Quarter 8.54 12-Sep-2014 - 12-Dec-2014 -13.02 20-May-2013 - 19-Aug-2013
Year 21.48 26-Feb-2014 - 27-Feb-2015 -3.89 20-May-2013 - 20-May-2014

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Kotak Gilt Inv Direct-G 8.29 4.06 1.17 1.82 0.77 1.57
CCIL All Sovereign Bond - TRI 7.67 4.73 0.88 1.29 -- --
Debt: Gilt 7.63 3.60 1.13 1.93 0.69 1.26
Rank within category 8 20 11 13 19 9
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 30-Apr-2022

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 36 104 16 13
Modified Duration (yrs) 2.20 4.87 2.20 3.05
Average Maturity (yrs) 8.61 12.38 8.61 4.43
Yield to Maturity (%) 5.95 6.92 5.29 5.90
Avg Credit Rating GOI/Cash -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
up GOI 22/09/2033 GOI Securities Floating Rate Bond SOV 16.42 - 54.34 48.25
up 6.10% GOI 2031 GOI Securities SOV 0.00 - 10.72 10.72
down GOI 2028 GOI Securities SOV 0.00 - 8.07 5.00
down 6.54% GOI 17/01/2032 GOI Securities SOV 0.00 - 5.88 4.66
equal GOI 2031 GOI Securities SOV 0.00 - 5.65 3.64
equal GOI 22/02/2028 GOI Securities SOV 0.00 - 2.38 2.38
equal GOI 22/08/2029 GOI Securities SOV 0.00 - 2.29 2.29
equal GOI 22/02/2029 GOI Securities SOV 0.00 - 2.19 2.19
equal GOI 22/08/2028 GOI Securities SOV 0.00 - 1.51 1.51
equal GOI 22/08/2027 GOI Securities SOV 0.00 - 1.41 1.41
equal 7.80% Jharkhand State 2027 State Development Loan SOV 0.78 - 1.84 0.94
equal 7.04% GOI 17/06/2027 GOI Securities SOV 0.00 - 0.43 0.43
equal GOI 17/12/2027 GOI Securities SOV 0.00 - 0.41 0.41
equal GOI 17/06/2028 GOI Securities SOV 0.00 - 0.39 0.39
equal GOI 17/12/2028 GOI Securities SOV 0.00 - 0.38 0.38
equal GOI 17/06/2029 GOI Securities SOV 0.00 - 0.36 0.36
equal GOI 22/02/2030 GOI Securities SOV 0.00 - 0.29 0.29
equal GOI 22/08/2030 GOI Securities SOV 0.00 - 0.28 0.28
equal 8.43% Tamilnadu State 2028 State Development Loan SOV 0.19 - 0.44 0.23
equal GOI 22/08/2022 GOI Securities SOV 0.00 - 0.20 0.20
equal GOI 22/02/2026 GOI Securities SOV 0.00 - 0.59 0.16
equal 6.57% Andhra Pradesh State 2030 State Development Loan SOV 0.12 - 0.28 0.15
equal GOI 22/08/2026 GOI Securities SOV 0.00 - 0.15 0.15
equal GOI 23/12/2025 GOI Securities SOV 0.12 - 0.27 0.14
equal GOI 22/08/2036 GOI Securities SOV 0.00 - 0.17 0.12

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-Apr-2022

Fund Manager

— Abhishek Bisen since 01-Jan-2013

Education: Mr. Bisen is a BA and MBA in Finance.

Experience: Prior to joining Kotak AMC, he was working with Securities Trading Corporation Of India Ltd where he was looking at Sales & Trading of Fixed Income Products apart from doing Portfolio Advisory. His earlier assignments also include 2 years of merchant banking experience with a leading merchant banking firm.

Funds Managed:

Invest Online
0.06%

Change from previous, NAV as on 19-May-2022

Growth: ₹ 85.1396

IDCW Quarterly: ₹ 19.2282

Investment Strategy

The scheme seeks to generate risk-free returns through investments in sovereign securities. The savings plan (D) will provide regular dividend payouts. A portion of the fund will be invested in inter bank money market in order to meet the liquidity requirement.

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: 8.40%
Benchmark: NIFTY All Duration G-Sec Index
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 1,646 Cr (As on 30-Apr-2022)
Expense: 0.39% (As on 30-Apr-2022)
Risk Grade: Above Average
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Quarterly20-Sep-20160.6229

 20-Jun-20160.1923
 21-Mar-20160.1236
 21-Dec-20150.0294
 21-Sep-20150.2140
 22-Jun-20150.2336
 22-Dec-20140.2473
 22-Sep-20140.6457
 20-Dec-20130.3616
 20-Jun-20130.6464
 20-Mar-20130.2159

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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