VR Logo

3 star

Kotak Medium Term Fund - Direct Plan download report


Debt: Medium Duration

1 Lakh

Investment Grown to
₹ 1.04 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.21 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
Kotak Medium Term Direct-G 0.41 0.00 0.25 -0.63 -0.65 0.69 4.49 6.74 6.78 8.00 --
VR Bond -0.46 -0.01 0.03 -0.32 -0.88 -0.49 1.53 4.84 5.38 6.02 --
Debt: Medium Duration -0.32 -0.02 0.06 -0.92 -1.14 -0.01 3.65 5.21 6.00 6.94 --
Rank within category 3 7 1 6 6 4 4 7 5 3 --
Number of funds in category 19 20 20 20 19 19 18 15 13 12 0

As on 20-May-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Kotak Medium Term Fund - Direct Plan  | Invest Online
3 star
Mar-14 4.49 6.74 6.78 0.46% 2,458
SBI Magnum Medium Duration Fund - Direct Plan  | Invest Online
5 star
Jan-13 2.95 8.14 7.93 0.68% 9,968
ICICI Prudential Medium Term Bond Fund - Direct Plan  | Invest Now
5 star
Jan-13 3.61 8.15 7.52 0.67% 6,816
HDFC Medium Term Debt Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.05 7.47 7.26 0.59% 4,079
Axis Strategic Bond Fund - Direct Plan
4 star
Jan-13 4.01 7.19 7.50 0.39% 1,828

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 3.13 24-Mar-2020 - 31-Mar-2020 -2.66 22-Apr-2020 - 29-Apr-2020
Month 3.33 29-Apr-2020 - 29-May-2020 -4.29 25-Feb-2020 - 26-Mar-2020
Quarter 6.42 29-Apr-2020 - 29-Jul-2020 -2.98 29-Jan-2020 - 29-Apr-2020
Year 14.19 24-Nov-2015 - 24-Nov-2016 3.22 30-Apr-2019 - 29-Apr-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Kotak Medium Term Direct-G 7.12 3.83 0.94 0.97 0.51 2.76
VR Bond 5.18 2.13 0.78 1.13 -- --
Debt: Medium Duration 5.70 4.69 0.93 1.37 0.46 1.41
Rank within category 7 10 8 9 6 7
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 30-Apr-2022

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 56 68 51 38
Modified Duration (yrs) 2.14 3.54 2.14 2.47
Average Maturity (yrs) 4.24 5.75 4.24 3.18
Yield to Maturity (%) 6.36 6.69 5.89 6.30
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
equal GOI 22/09/2033 GOI Securities Floating Rate Bond SOV 0.00 - 7.16 7.16
equal 10.90% Punjab & Sind Bank Additional Tier 1 Bond A- 3.85 - 7.15 4.83
equal 9.25% Power Finance Corporation Additional Tier 2 Bond AAA 3.76 - 6.00 4.62
equal LIC Housing Fin. 25/04/2025 Zero Coupon Bonds AAA 0.00 - 4.09 4.09
equal GOI 2031 GOI Securities SOV 0.00 - 4.06 4.06
equal 6.75% Sikka Ports and Terminals 22/04/2026 Debenture AAA 2.43 - 6.06 4.04
equal 6.25% Embassy Office Parks REIT 18/10/2024 Debenture AAA 0.00 - 4.03 4.03
equal 5.99% LIC Housing Fin. 2025 Debenture AAA 0.00 - 4.02 4.02
equal 6.42% Bharti Telecom 18/10/2024 Debenture AA+ 0.00 - 4.00 4.00
equal 8.20% National Bank Agr. Rur. Devp 2028 Non Convertible Debenture AAA 0.00 - 3.65 3.65
equal Shriram Transport Finance Company 16/06/2023 Non Convertible Debenture AA+ 0.00 - 3.53 3.53
down 9.15% Punjab National Bank Additional Tier 1 Bond AA 0.00 - 2.86 2.86
equal 6.60% Muthoot Finance 20/06/2023 Debenture AA+ 2.03 - 4.46 2.54
equal 8.90% Prestige Projects Private 2026 Debenture A+ 0.00 - 2.20 2.15
equal First Business Receivable Trust 2025 Securitised Debt AAA 0.00 - 2.55 2.14
equal 7.74% Power Finance Corporation 29/01/2028 Non Convertible Debenture AAA 1.70 - 2.70 2.09
equal 6.40% Embassy Office Parks REIT 15/02/2024 Debenture AAA 1.63 - 2.56 2.04
equal 6.65% Tata Projects 18/12/2024 Non Convertible Debenture AA 0.00 - 2.01 2.01
equal 5.90% HDFC 25/02/2025 Debenture AAA 0.00 - 2.01 2.01
equal 6.72% India Grid Trust 14/09/2026 Non Convertible Debenture AAA 0.00 - 2.01 2.01
equal 6.24% State Bank of India Additional Tier 2 Bond AAA 1.61 - 2.53 2.00
equal 10.15% Uttar Pradesh Power Corporation 20/01/2023 Debenture A+ 0.00 - 1.68 1.08
equal 8.14% Gujarat State 20/03/2029 State Development Loan SOV 0.00 - 2.70 1.07
equal 7.25% Punjab National Bank Additional Tier 2 Bond AA+ 0.82 - 1.27 1.02
equal 7.15% Karnataka State 2028 State Development Loan SOV 0.00 - 1.02 1.02

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-Apr-2022

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:


0.00%

Change from previous, NAV as on 20-May-2022

Growth: ₹ 19.5845

IDCW Quarterly: ₹ 11.0026

IDCW: ₹ 19.5861


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

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: 21-Mar-2014
Return Since Launch: 8.58%
Benchmark: NIFTY Medium Duration Debt Index C-III
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 2,458 Cr (As on 30-Apr-2022)
Expense: 0.46% (As on 30-Apr-2022)
Risk Grade: Average
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Quarterly21-Jun-20210.2969

 22-Dec-20200.2336
 21-Sep-20200.3018
 22-Jun-20200.2370
 20-Mar-20200.1270
 20-Dec-20190.1953
 20-Sep-20190.1735
 20-Jun-20190.0136
 20-Mar-20190.1387
 20-Dec-20180.1541
 21-Sep-20180.1104
 20-Jun-20180.0208
 20-Mar-20180.0813
 20-Dec-20170.0956
 20-Sep-20170.1357
 20-Jun-20170.2291
 20-Mar-20170.0662
 20-Dec-20160.1646
 20-Sep-20160.2652
 20-Jun-20160.1766
 21-Mar-20160.1577
 21-Dec-20150.1995
 21-Sep-20150.1541
 22-Jun-20150.1486
 20-Mar-20150.1551

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

Upcoming Video

Investors' Hangout

How to lock your profits?

DateFriday, 27-May-2022
Time12:30 PM - 12:40 PM

attending You have reserved a spot