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Kotak Money Market Fund Regular Plan download report

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Debt: Money Market

Analysts' Choiceunlock it

1 Lakh

Investment Grown to
₹ 1.04 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.23 Lakh

Suitability:

"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

  • 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 Money Market Fund Reg-G 2.64 0.08 0.11 0.45 1.35 2.10 3.99 4.83 6.01 6.42 7.21
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 4.20
Debt: Money Market 2.31 0.08 0.11 0.43 1.24 1.82 3.55 4.73 5.75 6.28 7.08
Rank within category 2 10 10 7 4 2 2 9 6 8 6
Number of funds in category 20 21 21 20 20 20 19 16 12 12 12

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 Money Market Fund Regular Plan  | Invest Online
4 star
 Jul-03 3.99 4.83 6.01 0.36 14,576
Aditya Birla Sun Life Money Manager Fund  | Invest Online
5 star
 Oct-05 3.94 5.16 6.28 0.33 13,395
HDFC Money Market Fund  | Invest Online
4 star
 Nov-99 3.85 5.09 6.12 0.41 12,325
Nippon India Money Market Fund  | Invest Online
5 star
 Jun-05 4.05 5.00 6.16 0.27 9,971
Tata Money Market Fund - Regular Plan  | Invest Online
5 star
 May-03 3.86 5.07 4.62 0.42 7,643

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) 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 3.60 12-May-2021 - 13-May-2022

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Kotak Money Market Fund Reg-G 4.77 0.51 2.50 5.70 1.19 2.34
CCIL T Bill Liquidity Weight 2.60 0.34 -2.61 -4.87 -- --
Debt: Money Market 4.61 0.70 1.71 4.25 1.33 2.31
Rank within category 9 3 2 4 5 9
Number of funds in category 16 16 16 16 16 16

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 72 74 65 47
Modified Duration (yrs) 0.36 0.48 0.26 0.34
Average Maturity (yrs) 0.36 0.48 0.26 0.35
Yield to Maturity (%) 6.13 6.13 3.72 5.94
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
equal HDFC 155-D 27/10/2022 Commercial Paper A1+ 0.00 - 7.61 7.44
down Reserve Bank of India 182-D 15/09/2022 Treasury Bills SOV 0.00 - 9.36 5.40
up Reserve Bank of India 182-D 15/12/2022 Treasury Bills SOV 0.00 - 4.37 4.37
up Reserve Bank of India 182-D 22/12/2022 Treasury Bills SOV 0.00 - 4.03 4.03
equal National Bank Agr. Rur. Devp 14/02/2023 Commercial Paper A1+ 0.00 - 3.73 3.65
equal Reserve Bank of India 182-D 01/12/2022 Treasury Bills SOV 0.00 - 3.61 3.53
down SIDBI 182-D 31/10/2022 Commercial Paper A1+ 0.00 - 4.15 3.38
equal Axis Bank 2022 Certificate of Deposit A1+ 0.00 - 3.71 2.85
equal Axis Bank 2022 Certificate of Deposit A1+ 0.00 - 2.35 2.30
up HDFC Bank 15/05/2023 Certificate of Deposit A1+ 0.00 - 2.28 2.28
equal HDFC Bank 2022 Certificate of Deposit A1+ 0.00 - 2.24 2.19
new Canara Bank 20/02/2023 Certificate of Deposit A1+ 0.00 - 2.15 2.15
equal Canara Bank 2022 Certificate of Deposit A1+ 0.00 - 2.08 2.04
new Indian Bank 2023 Certificate of Deposit A1+ 0.00 - 2.01 2.01
equal HDFC 305-D 20/01/2023 Commercial Paper A1+ 0.00 - 2.37 2.00
new SIDBI 22/02/2023 Certificate of Deposit A1+ 0.00 - 1.99 1.99
equal National Bank Agr. Rur. Devp 2023 Commercial Paper A1+ 0.00 - 2.07 1.99
down HDFC Bank 14/10/2022 Certificate of Deposit A1+ 0.00 - 2.78 1.70
equal HDFC 154-D 25/11/2022 Commercial Paper A1+ 0.00 - 1.72 1.68
equal Piramal Enterprises 364-D 06/01/2023 Commercial Paper A1+ 0.00 - 2.04 1.66
equal Vedanta 364-D 21/03/2023 Commercial Paper A1+ 0.00 - 1.93 1.64
equal Axis Bank 2022 Certificate of Deposit A1+ 0.00 - 1.68 1.59
equal Reserve Bank of India 364-D 05/01/2023 Treasury Bills SOV 0.00 - 1.57 1.54
equal TMF Holdings 364-D 12/08/2022 Commercial Paper A1+ 1.28 - 1.76 1.37
equal Panatone Finvest 364-D 30/01/2023 Commercial Paper A1+ 0.00 - 1.65 1.33

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-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:

Invest Online
0.08%

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

Growth: ₹ 3,656.9684

IDCW Monthly: ₹ 1,051.4350

Investment Strategy

The Scheme seeks to generate returns by investing in money market instruments having maturity upto 1 year.

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: 14-Jul-2003
Return Since Launch: 7.02%
Benchmark: NIFTY Money Market Index B-I
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 14,576 Cr (As on 31-Jul-2022)
Expense Ratio: 0.36% (As on 31-Jul-2022)
Risk Grade: --
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Monthly12-Aug-20224.3524

 12-Jul-20224.8159
 13-Jun-20224.4335
 12-May-20220.8623
 12-Apr-20224.0384
 14-Mar-20222.9593
 14-Feb-20223.4984
 12-Jan-20223.4242
 13-Dec-20213.3718
 12-Nov-20212.9332
 12-Oct-20212.5230
 13-Sep-20210.4095
 14-Jun-20211.7332
 12-Mar-20212.9764
 12-Feb-20212.4758
 12-Jan-20212.5638
 14-Dec-20201.0249
 13-Jul-20206.6014
 12-Jun-20203.8947
 12-May-20203.5733
 13-Apr-20205.0570
 12-Mar-20202.9858
 12-Feb-20203.5574
 13-Jan-20203.6634
 12-Dec-20193.5370
IDCW Weekly14-Sep-20210.3189

 07-Sep-20210.7691
 31-Aug-20210.7748
 24-Aug-20210.7612
 18-Aug-20211.0193
 10-Aug-20210.6533
 03-Aug-20210.7275
 27-Jul-20210.8458
 20-Jul-20210.8961
 13-Jul-20210.9063
 06-Jul-20210.9316
 29-Jun-20210.6529
 22-Jun-20210.5424
 15-Jun-20210.7178
 08-Jun-20210.7323
 01-Jun-20210.6362
 25-May-20210.7270
 18-May-20210.6652
 11-May-20210.4677
 04-May-20210.1851
 16-Mar-20210.5400
 09-Mar-20210.6082
 02-Mar-20210.6782
 23-Feb-20210.6286
 16-Feb-20210.8755
IDCW Daily12-May-20210.0899

 11-May-20210.0971
 10-May-20210.1648
 07-May-20210.0980
 06-May-20210.0722
 05-May-20210.0944
 04-May-20210.0367
 03-May-20210.2916
 12-Apr-20210.2783
 09-Apr-20210.0430
 07-Apr-20210.0621
 06-Apr-20210.1161
 05-Apr-20210.4811
 15-Mar-20210.1920
 12-Mar-20210.0270
 09-Mar-20210.0750
 08-Mar-20210.2521
 05-Mar-20210.1096
 04-Mar-20210.0800
 03-Mar-20210.0718
 02-Mar-20210.0931
 01-Mar-20210.2485
 26-Feb-20210.0815
 25-Feb-20210.1326
 24-Feb-20210.1335

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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