1 Lakh
Investment Grown to₹ 10000
Monthly SIP Grown toSuitability:
Money Market debt funds invest in bonds with a maturity of up to one year. They aim to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit. 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.
Such funds are usually more suited to institutional investors. Retail investors can avoid these funds altogether. Here's why. Debt funds are very finely classified depending upon the maturity of the bonds they invest in. For instance, there's a different category of funds that invests in bonds of up to three months maturity, from the one that invests in bonds maturing in three to six months, and so on. We believe that such a nuanced classification adds little value to retail investors. They can avoid this complexity and simply invest the money they don't need for up to a year in a Liquid fund.
If you do decide to invest in them, remember that these funds usually deliver low returns which are only marginally higher than your bank account. They are not suitable if your aim is to build wealth in the long run.
Taxability of earnings:
Capital gains
Dividends
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YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
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Fund | 0.12 | 0.01 | 0.04 | 0.22 | 0.82 | 1.88 | 5.41 | 7.02 | 7.07 | 7.54 | 8.09 |
CCIL T Bill Liquidity Weight | 0.09 | 0.03 | 0.04 | 0.15 | 0.50 | 1.08 | 3.01 | 3.80 | 4.01 | 4.43 | 4.70 |
Debt: Money Market | 0.13 | 0.01 | 0.04 | 0.22 | 0.76 | 1.73 | 5.35 | 6.77 | 6.96 | 7.44 | 8.00 |
Rank within category | 14 | 5 | 15 | 12 | 7 | 8 | 12 | 7 | 8 | 8 | 6 |
Number of funds in category | 20 | 20 | 20 | 20 | 19 | 19 | 18 | 12 | 12 | 12 | 12 |
As on 22-Jan-2021
Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
---|---|---|---|---|---|---|---|
Kotak Money Market Fund Regular Plan | Invest Online | Jul-03 | 5.41 | 7.02 | 7.07 | 0.32 | 9,853 | |
HDFC Money Market Fund | Invest Online | Nov-99 | 6.35 | 7.25 | 7.12 | 0.35 | 11,197 | |
Aditya Birla Sun Life Money Manager Fund | Invest Online | Oct-05 | 6.38 | 7.43 | 7.34 | 0.34 | 9,548 | |
ICICI Prudential Money Market Fund | Invest Now | Mar-06 | 6.02 | 7.16 | 7.14 | 0.33 | 8,884 | |
Tata Money Market Fund - Regular Plan | Invest Online | May-03 | 6.19 | 4.65 | 5.61 | 0.44 | 1,524 |
Best (Period) | Worst (Period) | |
---|---|---|
Week | 1.09 (24-Mar-2020 - 31-Mar-2020) | -0.74 (17-Mar-2020 - 24-Mar-2020) |
Month | 1.75 (24-Mar-2020 - 23-Apr-2020) | -0.39 (25-Feb-2020 - 26-Mar-2020) |
Quarter | 2.97 (24-Mar-2020 - 24-Jun-2020) | 0.49 (24-Dec-2019 - 24-Mar-2020) |
Year | 9.95 (29-Sep-2011 - 30-Sep-2012) | 3.86 (02-Jun-2009 - 02-Jun-2010) |
Mean | Std Dev | Sharpe | Sortino | Beta | Alpha | |
---|---|---|---|---|---|---|
Fund | 6.90 | 0.53 | 3.99 | 7.12 | 1.19 | 3.30 |
CCIL T Bill Liquidity Weight | 3.78 | 0.34 | -2.89 | -5.80 | -- | -- |
Debt: Money Market | 6.73 | 1.04 | 2.76 | 5.46 | 1.34 | 3.28 |
Rank within category | 8 | 1 | 2 | 6 | 11 | 7 |
Number of funds in category | 15 | 15 | 15 | 15 | 15 | 15 |
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 31-Dec-2020
Fund | 1Y High | 1Y Low | Category | |
---|---|---|---|---|
Number of Securities | 60 | 64 | 41 | 39 |
Modified Duration (yrs) | 0.39 | 0.52 | 0.35 | 0.31 |
Average Maturity (yrs) | 0.39 | 0.52 | 0.36 | 0.30 |
Yield to Maturity (%) | 3.55 | 5.95 | 3.39 | 3.33 |
Avg Credit Rating | AAA | -- | -- | -- |
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Company | Instrument | Credit Rating | 1Y Range | % Assets | |
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7.80% GOI 2021 | Central Government Loan | SOV | 0.00 - 7.44 | 7.44 |
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National Bank Agr. Rur. Devp 17/06/2021 | Certificate of Deposit | A1+ | 0.00 - 6.05 | 5.00 |
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8.36% Madhya Pradesh State 16/03/2021 | State Development Loan | SOV | 0.00 - 6.35 | 4.10 |
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Reliance Industries 327-D 15/06/2021 | Commercial Paper | A1+ | 0.00 - 4.84 | 4.00 |
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7.94% GOI 24/05/2021 | Central Government Loan | SOV | 0.00 - 3.75 | 3.75 |
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Reserve Bank of India 182-D 04/03/2021 | Treasury Bills | SOV | 0.00 - 5.62 | 3.28 |
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SIDBI 2021 | Commercial Paper | A1+ | 0.00 - 3.96 | 3.03 |
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HDFC 162-D 28/05/2021 | Commercial Paper | A1+ | 0.00 - 3.00 | 3.00 |
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Power Finance Corp. 358-D 30/07/2021 | Commercial Paper | A1+ | 0.00 - 3.61 | 2.98 |
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HDFC 166-D 17/05/2021 | Commercial Paper | A1+ | 0.00 - 2.75 | 2.75 |
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Axis Bank 21/12/2021 | Floating Rate Debenture | AAA | 0.00 - 2.54 | 2.54 |
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Hindustan Zinc 315-D 26/03/2021 | Commercial Paper | A1+ | 0.00 - 3.06 | 2.52 |
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Reliance Retail Ventures 200-D 15/03/2021 | Commercial Paper | A1+ | 0.00 - 3.06 | 2.52 |
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Reliance Industries 263-D 05/03/2021 | Commercial Paper | A1+ | 0.00 - 3.66 | 2.52 |
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Adani Ports and Special Economic Zone 214-D 19/03/2021 | Commercial Paper | A1+ | 0.00 - 2.78 | 2.52 |
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National Bank Agr. Rur. Devp 176-D 01/06/2021 | Commercial Paper | A1+ | 0.00 - 2.50 | 2.50 |
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LIC Housing Fin. 25/10/2021 | Commercial Paper | A1+ | 0.00 - 2.46 | 2.46 |
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Adani Ports and Special Economic Zone 23/03/2021 | Commercial Paper | A1+ | 0.00 - 2.02 | 2.02 |
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Larsen & Toubro 270-D 26/02/2021 | Commercial Paper | A1+ | 0.00 - 2.45 | 2.02 |
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National Bank Agr. Rur. Devp 28/05/2021 | Commercial Paper | A1+ | 0.00 - 2.00 | 2.00 |
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LIC Housing Fin. 277-D 14/06/2021 | Commercial Paper | A1+ | 0.00 - 2.00 | 2.00 |
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Bharti Hexacom 364-D 14/09/2021 | Commercial Paper | A1+ | 0.00 - 2.38 | 1.97 |
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Hero FinCorp 18/11/2021 | Commercial Paper | A1+ | 0.00 - 1.95 | 1.95 |
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Kotak Mahindra Investments 366-D 27/01/2021 | Commercial Paper | A1+ | 1.35 - 1.97 | 1.52 |
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Birla Group Holdings 2021 | Commercial Paper | A1+ | 0.00 - 1.51 | 1.51 |
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Dec-2020
— Deepak Agrawal since 01-Nov-2006
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:
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The Scheme seeks to generate returns by investing in money market instruments having maturity upto 1 year.
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 |
Fund House: | Kotak Mahindra Mutual Fund |
Launch Date: | 14-Jul-2003 |
Return Since Launch: | 7.30% |
Benchmark: | NIFTY Money Market TRI |
Riskometer: | Moderate |
Type: | Open-ended |
Assets: | ₹ 9,853 Cr (As on 31-Dec-2020) |
Expense: | 0.32% (As on 31-Dec-2020) |
Risk Grade: | -- |
Return Grade: | Average |
Plan | Record Date | Dividend (₹ / Unit) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Daily | 22-Jan-2021 | 0.0924 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Weekly | 19-Jan-2021 | 0.1217 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Monthly | 12-Jan-2021 | 2.5638 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Fund News - 01-May-2018
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