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3 star

Kotak Liquid - Regular Plan


Debt: Liquid

1 Lakh

Investment Grown to
₹ 1.05 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.23 Lakh

Suitability:

Liquid funds invest in bonds having maturity of up to three months. They are suitable to park the amount you have set aside to meet any emergency needs or any surplus money that you don't need for a few weeks up to a year. You can expect to earn better returns than what you would get from a bank account.

The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital. Though rare, there have been few instances when liquid funds have incurred losses.

Remember, these funds are geared to deliver only marginally higher returns than your bank account. They deliver steady, but low returns and are not suitable 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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(₹)
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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 3.34 0.01 0.07 0.26 0.80 1.96 4.69 6.26 6.67 7.32 7.84
CCIL T Bill Liquidity Weight 2.58 0.06 0.12 0.22 0.59 1.51 3.45 3.98 4.16 4.64 4.77
Debt: Liquid 3.22 0.01 0.07 0.26 0.80 1.86 4.54 6.06 6.47 7.16 7.70
Rank within category 21 4 10 20 15 14 22 24 22 18 17
Number of funds in category 40 40 40 40 40 40 40 36 35 34 31

As on 01-Oct-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Kotak Liquid - Regular Plan  | Invest Online
3 star
Nov-03 4.69 6.26 6.67 0.28 31,752
ICICI Prudential Liquid Fund  | Invest Now
4 star
Nov-05 4.86 6.36 6.73 0.32 54,052
Aditya Birla Sun Life Liquid Fund  | Invest Online
5 star
Mar-04 4.87 6.41 6.78 0.31 39,810
Axis Liquid Fund  | Invest Online
4 star
Oct-09 4.87 6.40 6.76 0.22 28,818
UTI Liquid Cash Fund - Regular Plan  | Invest Online
4 star
Dec-03 4.75 6.35 6.73 0.24 27,459

Best & Worst Performance

Best (Period) Worst (Period)
Week 0.54 (24-Mar-2020 - 31-Mar-2020) -0.26 (17-Mar-2020 - 24-Mar-2020)
Month 0.96 (08-Aug-2013 - 09-Sep-2013) 0.07 (23-Feb-2020 - 24-Mar-2020)
Quarter 2.72 (24-Jul-2013 - 23-Oct-2013) 0.79 (25-Jun-2020 - 24-Sep-2020)
Year 9.88 (12-Aug-2011 - 13-Aug-2012) 4.53 (03-Jun-2009 - 03-Jun-2010)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 6.10 0.38 2.71 3.65 0.70 1.85
CCIL T Bill Liquidity Weight 3.90 0.32 -3.63 -6.95 -- --
Debt: Liquid 5.91 0.56 2.34 3.12 0.78 1.75
Rank within category 21 10 19 17 10 25
Number of funds in category 36 36 36 35 36 36

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

As on 30-Sep-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 76 82 55 42
Modified Duration (yrs) 0.10 0.15 0.09 0.08
Average Maturity (yrs) 0.10 0.16 0.09 0.08
Yield to Maturity (%) 3.32 5.60 3.32 3.31
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
new Reserve Bank of India 91-D 08/10/2020 Treasury Bills SOV 0.00 - 7.16 7.16
new Reserve Bank of India 182-D 15/10/2020 Treasury Bills SOV 0.00 - 6.24 6.24
equal National Bank Agr. Rur. Devp 91-D 08/10/2020 Commercial Paper A1+ 0.00 - 4.71 4.71
down Reserve Bank of India 364-D 10/09/2020 Treasury Bills SOV 0.00 - 6.11 4.09
up Reserve Bank of India 91-D 29/10/2020 Treasury Bills SOV 0.00 - 3.45 3.45
new Reserve Bank of India 364-D 22/10/2020 Treasury Bills SOV 0.00 - 3.33 3.33
new Reserve Bank of India 364-D 08/10/2020 Treasury Bills SOV 0.00 - 2.96 2.96
equal 6.98% National Bank Agr. Rur. Devp 30/09/2020 Debenture AAA 0.00 - 2.89 2.89
equal Reliance Jio Infocomm 91-D 04/09/2020 Commercial Paper A1+ 0.00 - 2.83 2.83
equal HDFC 364-D 09/09/2020 Commercial Paper A1+ 0.00 - 2.52 2.52
new Reserve Bank of India 91-D 10/09/2020 Treasury Bills SOV 0.00 - 2.36 2.36
equal LIC Housing Fin. 329-D 11/09/2020 Commercial Paper A1+ 0.00 - 2.12 2.12
new Chennai Petroleum Corp. 54-D 30/09/2020 Commercial Paper A1+ 0.00 - 1.92 1.92
equal 8.20% Power Finance Corp. 14/09/2020 Bonds/NCDs AAA 0.00 - 1.81 1.81
up 8.04% Chhattisgarh State 17/10/2020 State Development Loan SOV 0.00 - 1.60 1.60
new Adani Ports and Special Economic Zone 36-D 17/09/2020 Commercial Paper A1+ 0.00 - 1.57 1.57
equal BPCL 84-D 28/09/2020 Commercial Paper A1+ 0.00 - 1.57 1.57
equal NTPC 88-D 29/09/2020 Commercial Paper A1+ 0.00 - 1.57 1.57
equal Reliance Jio Infocomm 91-D 23/10/2020 Commercial Paper A1+ 0.00 - 1.57 1.57
equal Reserve Bank of India 182-D 24/09/2020 Treasury Bills SOV 0.00 - 1.57 1.57
equal Reliance Jio Infocomm 91-D 19/10/2020 Commercial Paper A1+ 0.00 - 1.57 1.57
equal Reliance Industries 91-D 01/09/2020 Commercial Paper A1+ 0.00 - 1.57 1.57
new Cholamandalam Invest. & Fin. 40-D 28/09/2020 Commercial Paper A1+ 0.00 - 1.57 1.57
new Reliance Industries 91-D 09/11/2020 Commercial Paper A1+ 0.00 - 1.56 1.56
new Reserve Bank of India 182-D 19/11/2020 Treasury Bills SOV 0.00 - 1.56 1.56

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-Aug-2020

Fund Manager

— Deepak Agrawal since 11-Jul-2007

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:


0.01%

Change from previous, NAV as on 01-Oct-2020

Growth: ₹ 4,078.7999

Dividend Weekly: ₹ 1,000.5277

Dividend Daily: ₹ 1,222.8100


Investment Strategy

The scheme seeks to provide a high level of liquidity along with reasonable returns through investments in money and other short-term debt instruments.

Investment Details

Minimum Investment (₹) 500
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 6
Minimum Withdrawal (₹) --
Minimum Balance (₹) --
Exit Load Exit load of 0.0070% if redeemed within 1 day
0.0065% if redeemed within 2 days
0.0060% if redeemed within 3 days
0.0055% if redeemed within 4 days
0.0050% if redeemed within 5 days
0.0045% if redeemed within 6 days.

Basic Details

Fund House: Kotak Mahindra Mutual Fund
Launch Date: 04-Nov-2003
Return Since Launch: 7.25%
Benchmark: NIFTY Liquid Fund TRI
Riskometer: Low
Type: Open-ended
Assets: ₹ 31,752 Cr (As on 31-Aug-2020)
Expense: 0.28% (As on 31-Aug-2020)
Risk Grade: --
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily30-Sep-20200.2120

 29-Sep-20200.1156
 28-Sep-20200.1167
 27-Sep-20200.2381
 25-Sep-20200.1077
 24-Sep-20200.1065
 23-Sep-20200.1005
 22-Sep-20200.1110
 21-Sep-20200.0897
 20-Sep-20200.2126
 18-Sep-20200.0865
 17-Sep-20200.1141
 16-Sep-20200.1113
 15-Sep-20200.1088
 14-Sep-20200.1071
 13-Sep-20200.2203
 11-Sep-20200.0562
 10-Sep-20200.0906
 09-Sep-20200.0591
 08-Sep-20200.0600
 07-Sep-20200.0859
 06-Sep-20200.2010
 04-Sep-20200.0968
 03-Sep-20200.1075
 02-Sep-20200.1068
Dividend Weekly29-Sep-20200.6386

 22-Sep-20200.5914
 15-Sep-20200.4856
 08-Sep-20200.6018
 01-Sep-20200.5625
 25-Aug-20200.6059
 18-Aug-20200.6979
 11-Aug-20200.6388
 04-Aug-20200.5765
 28-Jul-20200.5996
 21-Jul-20200.5782
 14-Jul-20200.6492
 07-Jul-20200.6727
 30-Jun-20200.7303
 23-Jun-20200.8283
 16-Jun-20200.9565
 09-Jun-20200.5258
 02-Jun-20200.3741
 27-May-20201.1175
 19-May-20201.1354
 12-May-20200.9729
 05-May-20200.6163
 28-Apr-20200.9288
 21-Apr-20201.2261
 14-Apr-20200.7930

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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