VR Logo

3 star

Kotak Medium Term Fund - Regular Plan


1 Lakh

Investment Grown to
₹ 1.08 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.24 Lakh

Suitability:

Medium Duration debt funds invest mainly in bonds maturing in about three to four years. They aim to earn better returns than bank fixed deposits of a similar duration. The risk of incurring a loss in these funds over the said time frame is low, but they do not guarantee returns or safety of capital.

Retail investors can avoid these funds altogether. We believe that Short Duration funds are a better alternative for the fixed-income allocation in an investor’s portfolio.

We also believe that investors with an investment horizon of more than three years may consider investing some portion of their money in equity funds to earn higher returns. They witness more severe ups and downs than debt funds but the possibility of incurring a loss reduces with an increase in one’s investment horizon.

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.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 4.02 0.01 0.20 1.19 2.23 5.34 7.80 7.31 6.84 7.98 --
VR Bond 1.82 0.02 0.25 1.09 1.21 2.73 3.73 7.13 6.06 7.07 --
Debt: Medium Duration 4.09 0.02 0.15 0.86 2.33 4.87 7.37 5.70 6.21 7.24 --
Rank within category 9 21 7 2 4 3 6 7 6 4 --
Number of funds in category 21 25 25 25 24 21 19 14 13 10 7

As on 17-Sep-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Kotak Medium Term Fund - Regular Plan  | Invest Online
3 star
Mar-14 7.80 7.31 6.84 1.59 2,120
SBI Magnum Medium Duration Fund  | Invest Online
5 star
Nov-03 6.81 9.81 8.79 1.21 9,555
ICICI Prudential Medium Term Bond Fund  | Invest Now
4 star
Sep-04 8.24 8.75 7.67 1.41 7,006
HDFC Medium Term Debt Fund  | Invest Online
4 star
Feb-02 7.98 8.67 7.51 1.30 3,853
IDFC Bond Fund Medium Term Plan - Regular Plan
4 star
Jul-03 4.97 8.41 7.18 1.46 3,805

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 3.12 24-Mar-2020 - 31-Mar-2020 -2.68 22-Apr-2020 - 29-Apr-2020
Month 3.24 29-Apr-2020 - 29-May-2020 -4.35 25-Feb-2020 - 26-Mar-2020
Quarter 6.16 29-Apr-2020 - 29-Jul-2020 -3.19 29-Jan-2020 - 29-Apr-2020
Year 12.61 24-Nov-2015 - 24-Nov-2016 2.39 30-Apr-2019 - 29-Apr-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 6.90 3.89 0.74 0.76 0.52 1.47
VR Bond 6.70 2.11 1.26 1.76 -- --
Debt: Medium Duration 5.47 4.84 0.76 1.06 0.46 0.22
Rank within category 7 9 7 8 7 6
Number of funds in category 14 14 14 14 14 14

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

As on 31-Aug-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 54 61 50 39
Modified Duration (yrs) 3.54 3.70 2.21 2.89
Average Maturity (yrs) 5.75 5.75 3.13 3.57
Yield to Maturity (%) 6.60 7.71 6.39 5.71
Avg Credit Rating AAA -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

ajax-loader
Please wait...

Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
down 10.90% Punjab & Sind Bank Additional Tier 1 Bond A- 6.62 - 8.84 6.62
new 8.03% Uttar Pradesh State 2026 State Development Loan SOV 0.00 - 6.62 6.62
up GOI 22/09/2033 GOI Securities Floating Rate Bond SOV 0.00 - 6.47 6.47
equal 9.25% Power Finance Corporation Additional Tier 2 Bond AAA 5.30 - 6.70 5.56
down 6.75% Sikka Ports and Terminals 22/04/2026 Debenture AAA 0.00 - 6.06 4.80
equal HDFC 29/11/2028 Debenture AAA 0.00 - 4.31 4.20
equal 6.60% Muthoot Finance 20/06/2023 Debenture AA+ 0.00 - 4.58 4.16
up 7.59% GOI 2026 GOI Securities SOV 0.00 - 4.05 4.05
new 7.86% Karnataka State 15/03/2027 State Development Loan SOV 0.00 - 3.81 3.81
equal 9.15% Punjab National Bank Additional Tier 1 Bond AA- 0.00 - 3.64 3.33
equal 8.30% REC 25/06/2029 Non Convertible Debenture AAA 3.13 - 3.99 3.31
up 8.37% Nat. Highways Authority 21/01/2029 Debenture AAA 0.00 - 2.56 2.56
new First Business Receivable Trust 2025 Securitised Debt AAA 0.00 - 2.55 2.55
equal 7.74% Power Finance Corporation 29/01/2028 Non Convertible Debenture AAA 0.00 - 2.77 2.46
equal 7.25% NUVOCO Vistas Corp. 25/09/2023 Debenture AA 2.26 - 2.88 2.40
equal 6.40% Embassy Office Parks REIT 15/02/2024 Debenture AAA 0.00 - 2.62 2.38
equal 6.24% State Bank of India Additional Tier 2 Bond AAA 0.00 - 2.88 2.35
equal 7.85% Oberoi Realty 2025 Floating Rate Debenture AA+ 0.00 - 3.79 2.28
equal 9.75% Uttar Pradesh Power Corporation 20/10/2022 Debenture A+ 1.78 - 2.21 1.86
new 10.15% Uttar Pradesh Power Corporation 20/01/2023 Debenture A+ 0.00 - 1.68 1.68
equal 6.97% Maharashtra State 18/02/2028 State Development Loan SOV 1.37 - 1.75 1.45
equal 8.24% Power Grid Corporation 14/02/2029 Debenture AAA 0.00 - 1.31 1.29
new 7.83% Indian Railway Finance Corporation 21/03/2027 Bonds AAA 0.00 - 1.27 1.27
down 6.69% Madhya Pradesh State 17/03/2025 State Development Loan SOV 0.00 - 3.96 1.23
equal 7.60% Food Corporation of India 2030 Non Convertible Debenture AAA 0.00 - 1.33 1.22

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-2021

Fund Manager

— Deepak Agrawal since 28-Feb-2014

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 17-Sep-2021

Growth: ₹ 18.0592

IDCW Yearly: ₹ 11.0845

IDCW Quarterly: ₹ 10.7694


Investment Strategy

The scheme seeks to generate regular income and capital appreciation by investing in a portfolio of medium term debt and money market instruments.

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
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: Kotak Mahindra Mutual Fund
Launch Date: 21-Mar-2014
Return Since Launch: 8.20%
Benchmark: NIFTY Medium Duration
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 2,120 Cr (As on 31-Aug-2021)
Expense: 1.59% (As on 31-Aug-2021)
Risk Grade: Average
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Quarterly21-Jun-20210.2430

 22-Dec-20200.3469
 21-Sep-20200.2771
 22-Jun-20200.2113
 20-Mar-20200.1122
 20-Dec-20190.1803
 20-Sep-20190.1580
 20-Jun-20190.0211
 20-Mar-20190.1234
 20-Dec-20180.1403
 21-Sep-20180.0986
 20-Jun-20180.0081
 20-Mar-20180.0670
 20-Dec-20170.0821
 20-Sep-20170.1198
 20-Jun-20170.2091
 20-Mar-20170.0505
 20-Dec-20160.1487
 20-Sep-20160.2364
 20-Jun-20160.1508
 21-Mar-20160.1245
 21-Dec-20150.1737
 21-Sep-20150.1279
 22-Jun-20150.1397
 20-Mar-20150.1443
IDCW Yearly12-Mar-20210.4043

 12-Mar-20200.6350
 12-Mar-20190.4473
 12-Mar-20180.4674
 15-Mar-20170.6428
 14-Mar-20160.6217
 20-Mar-20150.7128

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: 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

Upcoming Video

Viewpoint

The Case for ESG Investing

DateThursday, 30-Sep-2021
Time04:00 PM - 04:30 PM