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Kotak Debt Hybrid Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.28 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.12 Lakh

Analyst's Choice?

Suitability:

When you invest for three years or above, you can expect gains that beat the inflation rate and are also slightly higher than fixed income options. But be prepared for some ups and downs in your investment value along the way.

Conservative hybrid funds invest roughly a quarter of your money in equity shares and the rest in bonds and commodities. Given their underlying investments, these funds offer a viable alternative to regular income seekers. To derive dependable, inflation-protected income, invest your accumulated savings in these funds gradually over at least a few months, and then maintain a withdrawal rate in the range of 4-6% of the value of your investment every year.

Warning: Do not invest in this, or any other aggressive hybrid fund, if you need to redeem your investment in less than three years.

Taxability of earnings:

The tax treatment of this fund may vary depending upon its asset allocation. It will be taxed in the following manner based on its average asset allocation in the last 12 months.

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 paid by the mutual fund scheme are taxed at the rate of 25% (effectively 29.12%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT).Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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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 2.10 0.26 0.07 1.61 3.16 8.33 15.07 8.56 9.03 10.23 --
VR MIP TRI 0.64 -0.09 -0.06 0.01 1.91 4.95 10.58 8.60 7.30 8.89 --
Hybrid: Conservative Hybrid 1.70 0.27 -0.12 1.18 2.19 6.01 9.58 7.18 7.63 9.46 --
Rank within category 21 20 12 13 9 6 2 9 6 7 --
Number of funds in category 38 38 38 38 37 37 35 35 31 26 0

As on 20-Feb-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 3.08 (25-Feb-2016 - 03-Mar-2016) -2.21 (07-Feb-2017 - 14-Feb-2017)
Month 5.28 (07-May-2014 - 06-Jun-2014) -5.00 (19-Jul-2013 - 19-Aug-2013)
Quarter 9.41 (25-Feb-2016 - 26-May-2016) -8.84 (29-May-2013 - 28-Aug-2013)
Year 24.28 (13-Feb-2014 - 13-Feb-2015) -2.15 (26-Oct-2017 - 26-Oct-2018)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 7.46 4.34 0.41 0.57 0.84 -0.28
VR MIP TRI 8.13 4.10 0.60 0.95 -- --
Hybrid: Conservative Hybrid 6.70 4.22 0.31 0.54 0.75 -0.82
Rank within category 13 22 14 14 27 14
Number of funds in category 36 36 36 36 36 36

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

As on 31-Jan-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 43
Number of Bonds 19
Average Maturity (yrs) 4.36
Top 10 Holdings (%) 62.23
Portfolio P/B Ratio 2.46
Portfolio P/E Ratio 22.03

Value Research Equity Fund Style

Value Research Debt Fund Style

Credit Rating vis-à-vis Category

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Top Debt Holdings

Company Instrument Credit Rating 1Y Range % Assets
new 7.32% GOI 28/01/2024 GOI Securities SOV 0.00 - 14.36 14.36
down 7.57% GOI 17/06/2033 GOI Securities SOV 0.00 - 17.48 13.30
new 7.26% GOI 14/01/2029 GOI Securities SOV 0.00 - 15.64 6.11
equal 10.90% Punjab & Sind Bank 31/12/2099 Bonds A+ 5.58 - 9.37 6.06
equal 8.70% Bank of Baroda 28/11/2020 Non Convertible Debenture AA+ 0.00 - 5.96 5.96
equal 7.98% Nat. Highways Authority 23/12/2049 Bonds/Debentures AAA 0.00 - 4.03 4.03
new 7.65% Axis Bank 30/01/2027 Non Convertible Debenture AAA 0.00 - 3.97 3.97
new 7.43% National Bank Agr. Rur. Devp 31/01/2030 Debenture AAA 0.00 - 3.97 3.97
equal 8.27% Rajasthan State 23/06/2023 State Development Loan SOV 1.89 - 2.07 2.07
equal 8.50% NHPC 14/07/2022 Bonds/Debentures AAA 1.90 - 2.07 2.07
down 8.85% Power Finance Corp. 25/05/2029 Bonds/NCDs AAA 0.00 - 8.18 1.89
equal 8.42% Tamilnadu State 25/07/2023 State Development Loan SOV 1.34 - 1.47 1.47
equal 10.49% Bank of Baroda Bonds AA 0.00 - 0.83 0.83
equal 9.75% REC 2021 Bonds AAA 0.00 - 0.63 0.63
equal HDFC Bank Term Deposits -- 0.31 - 0.34 0.34
equal 9.48% Power Finance Corp. 15/04/2022 Bonds AAA 0.00 - 0.33 0.33
equal 8.85% NHPC 2022 Bonds AAA 0.00 - 0.29 0.29
equal 9.60% Hindalco Inds. 2022 Bonds/NCDs AA 0.27 - 0.29 0.29
equal 9.35% REC 15/06/2022 Bonds AAA 0.00 - 0.25 0.25

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

Sector Allocation vis-à-vis Category

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Top Equity Holdings

Company Sector P/E 3Y High 3Y Low % Assets
down ICICI Bank Financial 37.30 2.62 0.00 2.40
down ITC FMCG 17.01 2.66 1.34 1.49
down HDFC Bank Financial 25.38 1.45 0.00 1.27
equal State Bank of India Financial 24.90 1.58 0.00 1.16
down Axis Bank Financial 43.84 1.20 0.00 1.05
equal SRF Diversified 23.41 0.90 0.00 0.90
equal CESC Energy 7.26 0.92 0.00 0.85
down Indiamart Intermesh Services 57.48 1.04 0.00 0.80
equal Jubilant FoodWorks Services 76.31 0.78 0.00 0.77
equal Infosys Technology 20.75 1.74 0.00 0.75
equal Emami FMCG 36.41 0.81 0.00 0.74
down Godfrey Phillips India FMCG 17.70 0.95 0.35 0.72
down Mahindra & Mahindra Automobile 30.27 1.18 0.00 0.68
new FDC Healthcare 19.50 0.60 0.00 0.60
equal Kotak Mahindra Bank Financial 36.96 0.60 0.00 0.60
down BEML Engineering 87.34 0.72 0.00 0.58
equal BPCL Energy 13.09 0.61 0.00 0.54
equal Tata Motors Automobile -- 1.66 0.00 0.52
equal The Ramco Cements Construction 30.24 0.49 0.20 0.49
equal Prataap Snacks FMCG 42.44 0.56 0.00 0.48
equal Hero Motocorp Automobile 11.76 0.91 0.00 0.47
equal PI Industries Chemicals 45.54 0.46 0.00 0.46
equal Sun TV Network Services 13.51 1.20 0.00 0.43
down Laurus Labs Healthcare 24.99 0.43 0.00 0.43
equal Saregama India Services 14.76 0.56 0.00 0.42

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-Jan-2020

Fund Manager

— Abhishek Bisen since 01-Jan-2013

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

Experience: Prior to joining Kotak AMC, Abhishek 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:

— Devender Singhal since 25-Aug-2015

Education: Mr. Singhal has done B.A. (Maths) from Delhi University and PGDM, Finance from Fore School of Management, Delhi.

Experience: Prior to joining Kotak Mahindra AMC , he has worked with Kotak Securities Ltd.(July 2007 -- January 2009) ,Religare (February 2006 -- June 2007), Karvy (July 2004 -- January 2006), P N Vijay Financial Services Pvt Ltd(2001 -- 2004) and Dundee Mutual Fund( Summer Trainee ) (May 2000 -- June 2000 ).

Funds Managed:


0.26%

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

Growth: ₹ 36.4694

Dividend Quarterly: ₹ 14.4243

Dividend Monthly: ₹ 12.4849


Investment Strategy

The Scheme seeks to enhance returns over a portfolio of debt instruments with a moderate exposure in equity and equity related instruments. By investing in debt securities, the Scheme will aim at generating regular returns, while enhancement of return is intended through investing in equity and equity related securities.

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 For units in excess of 10% of the investment,1% will be charged for redemption within 365 days

Basic Details

Fund House: Kotak Mahindra Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 10.20%
Benchmark: CRISIL Hybrid 85+15 Conservative
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 252 Cr (As on 31-Jan-2020)
Expense: 1.15% (As on 31-Jan-2020)
Risk Grade: Average
Return Grade: Above Average
Turnover: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Monthly12-Feb-20200.0621

 13-Jan-20200.0656
 12-Dec-20190.0597
 13-Nov-20190.0683
 15-Oct-20190.0800
 14-Oct-20190.0800
 12-Sep-20190.0747
 13-Aug-20190.0813
 12-Jul-20190.0760
 12-Jun-20190.0746
 13-May-20190.0787
 12-Apr-20190.0782
 12-Mar-20190.0693
 12-Feb-20190.0729
 14-Jan-20190.0826
 12-Dec-20180.0747
 12-Nov-20180.0770
 12-Oct-20180.0774
 12-Sep-20180.0783
 13-Aug-20180.0831
 12-Jul-20180.0781
 12-Jun-20180.0766
 14-May-20180.0860
 12-Apr-20180.0828
 12-Mar-20180.0761
Dividend Quarterly20-Dec-20190.2032

 20-Sep-20190.2186
 20-Jun-20190.2172
 20-Mar-20190.2130
 20-Dec-20180.2137
 21-Sep-20180.2248
 20-Jun-20180.2271
 20-Mar-20180.2304
 20-Dec-20170.2343
 20-Sep-20170.2376
 20-Jun-20170.2302
 20-Mar-20170.1510
 20-Dec-20160.1796
 20-Sep-20160.1605
 20-Jun-20160.1321
 21-Mar-20160.1205
 21-Dec-20150.1320
 21-Sep-20150.1442
 22-Jun-20150.1261
 20-Mar-20150.1779
 22-Dec-20140.1818
 22-Sep-20140.1969
 20-Jun-20140.1807
 20-Mar-20140.1564
 20-Dec-20130.0907

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: 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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