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2 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 3 months. They are suitable to park the amount that you have set aside to meet any emergency needs or any surplus money that you don't need for the next few months to an 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 are suitable only to invest for a short time frame of up to one year. Do not invest in this, or any other Liquid fund, 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 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 2.59 0.01 0.06 0.34 1.10 2.45 5.33 6.52 6.89 7.52 7.90
CCIL T Bill Liquidity Weight 2.04 0.00 0.04 0.24 0.86 1.94 3.94 4.14 4.32 4.70 4.78
Debt: Liquid 2.45 0.01 0.06 0.30 1.01 2.32 5.15 6.33 6.69 7.37 7.76
Rank within category 23 20 9 4 17 23 23 24 22 22 17
Number of funds in category 41 41 41 41 41 41 41 36 35 34 31

As on 09-Jul-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
2 star
Nov-03 5.33 6.52 6.89 0.25 36,040
ICICI Prudential Liquid Fund  | Invest Now
4 star
Nov-05 5.53 6.61 6.95 0.32 57,566
Aditya Birla Sun Life Liquid Fund  | Invest Online
4 star
Mar-04 5.59 6.67 7.00 0.30 43,090
Nippon India Liquid Fund  | Invest Online
5 star
Dec-03 5.55 6.67 6.99 0.27 31,728
Axis Liquid Fund  | Invest Online
4 star
Oct-09 5.54 6.66 6.99 0.22 27,032

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) 0.91 (24-Dec-2019 - 24-Mar-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 6.37 0.29 3.69 5.26 0.42 1.58
CCIL T Bill Liquidity Weight 4.07 0.28 -4.34 -7.86 -- --
Debt: Liquid 6.19 0.50 3.21 4.32 0.56 1.58
Rank within category 24 13 19 15 10 27
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 30-Jun-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 77 82 55 28
Modified Duration (yrs) 0.12 0.15 0.08 --
Average Maturity (yrs) 0.12 0.16 0.08 --
Yield to Maturity (%) 3.64 6.50 3.64 --

Value Research Fund Style*

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
up Reserve Bank of India 84-D 20/08/2020 Treasury Bills SOV 0.00 - 13.62 13.62
equal Reserve Bank of India 91-D 13/08/2020 Treasury Bills SOV 0.00 - 11.05 9.95
up Reserve Bank of India 91-D 16/07/2020 Treasury Bills SOV 0.00 - 3.23 3.23
equal Power Finance Corp. 90-D 28/07/2020 Commercial Paper A1+ 0.00 - 3.61 2.77
new Reserve Bank of India 182-D 23/07/2020 Treasury Bills SOV 0.00 - 2.77 2.77
equal NTPC 91-D 13/08/2020 Commercial Paper A1+ 0.00 - 3.07 2.76
new Reliance Jio Infocomm 91-D 04/09/2020 Commercial Paper A1+ 0.00 - 2.48 2.48
new HDFC 364-D 09/09/2020 Commercial Paper A1+ 0.00 - 2.21 2.21
equal National Housing Bank 89-D 24/08/2020 Commercial Paper A1+ 0.00 - 2.45 2.21
new LIC Housing Fin. 329-D 11/09/2020 Commercial Paper A1+ 0.00 - 1.86 1.86
new 8.20% Power Finance Corp. 14/09/2020 Bonds/NCDs AAA 0.00 - 1.61 1.61
equal 8.37% REC 14/08/2020 Bonds AAA 0.00 - 1.75 1.56
equal Reliance Jio Infocomm 91-D 10/08/2020 Commercial Paper A1+ 0.00 - 1.53 1.38
equal Bajaj Finance 91-D 17/08/2020 Commercial Paper A1+ 0.00 - 1.53 1.38
new Reliance Industries 91-D 01/09/2020 Commercial Paper A1+ 0.00 - 1.38 1.38
new Cholamandalam Invest. & Fin. 56-D 31/07/2020 Commercial Paper A1+ 0.00 - 1.38 1.38
equal SIDBI 23/07/2020 Certificate of Deposit AAA 0.00 - 1.81 1.38
new Reliance Industries 91-D 31/08/2020 Commercial Paper A1+ 0.00 - 1.38 1.38
equal LIC Housing Fin. 85-D 05/08/2020 Commercial Paper A1+ 0.00 - 1.53 1.38
equal M&M Financial Services 90-D 20/08/2020 Commercial Paper A1+ 0.00 - 1.53 1.38
equal 8.57% REC 20/08/2020 Non Convertible Debenture AAA 0.00 - 1.45 1.30
new 6.78% Reliance Industries 16/09/2020 Non Convertible Debenture AAA 0.00 - 1.27 1.27
equal Tata Steel 90-D 24/08/2020 Commercial Paper A1+ 0.00 - 1.38 1.24
new Indian Oil Corp. 63-D 17/08/2020 Commercial Paper A1+ 0.00 - 1.11 1.11
new HDFC 364-D 26/08/2020 Commercial Paper A1+ 0.00 - 1.04 1.04

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 30-Jun-2020

*As on 31-May-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 09-Jul-2020

Growth: ₹ 4,049.1556

Dividend Weekly: ₹ 1,000.4553

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: 7.31%
Benchmark: NIFTY Liquid Fund TRI
Riskometer: Low
Type: Open-ended
Assets: ₹ 36,040 Cr (As on 30-Jun-2020)
Expense: 0.25% (As on 31-May-2020)
Risk Grade: --
Return Grade: Below Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily09-Jul-20200.1403

 08-Jul-20200.1193
 07-Jul-20200.1019
 06-Jul-20200.0924
 05-Jul-20200.2098
 03-Jul-20200.0770
 02-Jul-20200.1186
 01-Jul-20200.1784
 30-Jun-20200.1460
 29-Jun-20200.1240
 28-Jun-20200.2119
 26-Jun-20200.1006
 25-Jun-20200.1587
 24-Jun-20200.1533
 23-Jun-20200.1439
 22-Jun-20200.1541
 21-Jun-20200.2266
 19-Jun-20200.2099
 18-Jun-20200.1424
 17-Jun-20200.1328
 16-Jun-20200.1466
 15-Jun-20200.2734
 14-Jun-20200.2376
 12-Jun-20200.2257
 11-Jun-20200.1851
Dividend Weekly07-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
 08-Apr-20201.3128
 31-Mar-20201.7766
 17-Mar-20200.5349
 10-Mar-20201.0148
 03-Mar-20200.6361
 25-Feb-20200.6881
 18-Feb-20200.7341
 11-Feb-20200.7164
 04-Feb-20200.6915
 28-Jan-20200.6871
 21-Jan-20200.6745
 14-Jan-20200.6075

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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