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Kotak Money Market Fund Regular Plan

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Debt: Money Market

1 Lakh

Investment Grown to
₹ 1.07 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.24 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 is negligible but they do not guarantee returns or safety of capital.

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.

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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(₹)
cal
cal

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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 4.01 0.02 0.05 0.28 1.65 3.29 6.67 7.44 7.44 7.96 8.24
CCIL T Bill Liquidity Weight 2.20 -0.03 0.05 0.13 0.64 1.77 3.58 4.06 4.26 4.76 4.78
Debt: Money Market 3.98 0.03 0.06 0.28 1.68 3.30 6.62 7.07 7.27 7.82 8.09
Rank within category 13 19 16 11 13 13 13 7 8 7 4
Number of funds in category 19 20 20 20 20 19 19 13 13 13 12

As on 10-Aug-2020

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 6.67 7.44 7.44 0.29 8,616
HDFC Money Market Fund  | Invest Online
4 star
 Nov-99 7.47 7.62 7.46 0.35 9,713
Aditya Birla Sun Life Money Manager Fund  | Invest Online
5 star
 Oct-05 7.43 7.81 7.67 0.31 9,611
Nippon India Money Market Fund  | Invest Online
4 star
 Jun-05 6.95 7.61 7.50 0.25 5,036
Franklin India Savings Fund - Retail Plan  | Invest Online Now
5 star
 Feb-02 7.26 7.63 7.78 0.28 1,316

Best & Worst Performance

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)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 7.24 0.42 4.85 14.16 0.86 3.04
CCIL T Bill Liquidity Weight 4.03 0.29 -4.08 -7.51 -- --
Debt: Money Market 6.88 0.79 3.10 8.48 0.70 2.50
Rank within category 7 2 1 2 12 6
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-Jul-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 53 56 41 33
Modified Duration (yrs) -- 0.52 0.37 0.39
Average Maturity (yrs) 0.49 0.52 0.37 0.33
Yield to Maturity (%) -- 6.35 4.03 3.60

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
up 8.36% Madhya Pradesh State 16/03/2021 State Development Loan SOV 0.00 - 5.97 5.97
equal LIC Housing Fin. 363-D 09/02/2021 Commercial Paper A1+ 0.00 - 6.57 5.69
equal National Bank Agr. Rur. Devp 17/06/2021 Certificate of Deposit A1+ 0.00 - 6.04 5.62
equal Larsen & Toubro 270-D 15/12/2020 Commercial Paper A1+ 0.00 - 5.55 5.16
down Export-Import Bank 182-D 01/12/2020 Commercial Paper A1+ 0.00 - 6.18 4.59
new Reliance Industries 327-D 15/06/2021 Commercial Paper A1+ 0.00 - 4.49 4.49
equal SIDBI 2021 Commercial Paper A1+ 0.00 - 3.96 3.41
equal Reliance Industries 263-D 05/03/2021 Commercial Paper A1+ 0.00 - 3.66 3.41
new National Bank Agr. Rur. Devp 235-D 02/03/2021 Commercial Paper A1+ 0.00 - 3.13 3.13
equal Hindustan Zinc 315-D 26/03/2021 Commercial Paper A1+ 0.00 - 3.04 2.83
equal 6.82% Punjab State 14/12/2020 State Development Loan SOV 0.00 - 2.94 2.71
new 7.64% Chhattisgarh State 2021 State Development Loan SOV 0.00 - 2.36 2.36
equal 7.88% Karnataka State 20/11/2020 State Development Loan SOV 0.00 - 2.55 2.35
new Reserve Bank of India 84-D 20/08/2020 Treasury Bills SOV 0.00 - 2.32 2.32
equal Hero FinCorp 364-D 05/11/2020 Commercial Paper A1+ 0.00 - 2.67 2.30
equal HDFC 363-D 13/01/2021 Commercial Paper A1+ 0.00 - 2.45 2.28
new 8.15% Rajasthan State 23/05/2021 State Development Loan SOV 0.00 - 2.11 2.11
down 8.04% Chhattisgarh State 17/10/2020 State Development Loan SOV 0.00 - 2.49 1.78
equal Kotak Mahindra Investments 366-D 27/01/2021 Commercial Paper A1+ 0.00 - 1.97 1.71
equal LIC Housing Fin. 345-D 26/05/2021 Commercial Paper A1+ 0.00 - 1.68 1.68
equal Can Fin Homes 365-D 23/06/2021 Commercial Paper A1+ 0.00 - 1.80 1.67
new 7.56% Andhra Pradesh State 14/02/2021 State Development Loan SOV 0.00 - 1.60 1.60
down 7.80% GOI 2021 Central Government Loan SOV 0.00 - 5.20 1.47
equal Punjab National Bank 2021 Certificate of Deposit A1+ 0.00 - 1.53 1.42
new Bahadur Chand Investments 364-D 09/07/2021 Commercial Paper A1+ 0.00 - 1.35 1.35

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-2020

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
0.02%

Change from previous, NAV as on 10-Aug-2020

Growth: ₹ 3,382.6111

Dividend Weekly: ₹ 1,024.4414

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Dividend Monthly: ₹ 1,018.4945

Dividend Daily: ₹ 1,020.2254

Investment Strategy

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

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 0

Basic Details

Fund House: Kotak Mahindra Mutual Fund
Launch Date: 14-Jul-2003
Return Since Launch: 7.39%
Benchmark: NIFTY Money Market
Riskometer: Moderately Low
Type: Open-ended
Assets: ₹ 8,616 Cr (As on 31-Jul-2020)
Expense: 0.29% (As on 30-Jun-2020)
Risk Grade: --
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily10-Aug-20200.1774

 06-Aug-20200.1420
 05-Aug-20200.1184
 04-Aug-20200.1125
 03-Aug-20200.2762
 31-Jul-20200.1284
 30-Jul-20200.1088
 29-Jul-20200.0925
 28-Jul-20200.1148
 27-Jul-20200.2644
 23-Jul-20200.1118
 22-Jul-20200.0518
 21-Jul-20200.0102
 20-Jul-20200.2851
 17-Jul-20200.1219
 16-Jul-20200.1703
 15-Jul-20200.1209
 14-Jul-20200.0767
 13-Jul-20200.3518
 10-Jul-20200.1784
 09-Jul-20200.1978
 08-Jul-20200.1398
 07-Jul-20200.1817
 06-Jul-20200.4668
 03-Jul-20200.2431
Dividend Weekly04-Aug-20200.7234

 28-Jul-20200.4399
 21-Jul-20200.7779
 14-Jul-20200.7667
 23-Jun-20201.7163
 16-Jun-20201.5021
 09-Jun-20200.5674
 02-Jun-20200.6055
 27-May-20200.8430
 19-May-20200.1223
 05-May-20200.5582
 28-Apr-20200.7773
 21-Apr-20201.2086
 15-Apr-20200.1088
 08-Apr-20202.3349
 31-Mar-20201.8366
 11-Mar-20201.3560
 03-Mar-20200.6325
 25-Feb-20200.6071
 18-Feb-20200.9142
 11-Feb-20201.1092
 04-Feb-20200.7046
 28-Jan-20200.8128
 21-Jan-20200.5957
 14-Jan-20200.9960
Dividend Monthly13-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
 13-Nov-20194.1484
 15-Oct-20194.3070
 14-Oct-20194.3070
 12-Sep-20194.4048
 13-Aug-20194.4276
 12-Jul-20194.2389
 12-Jun-20193.4770
 13-May-20194.1021
 12-Apr-20195.8588
 12-Mar-20194.3298
 12-Feb-20194.6959
 14-Jan-20194.5618
 12-Dec-20185.2831
 12-Nov-20184.6409
 12-Oct-20184.5864
 12-Sep-20183.9520
 13-Aug-20184.6980

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: 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

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