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Kotak FMP Series 226 - 1470 Days - Regular Plan download report


Debt: FMP

1 Lakh

Investment Grown to
₹ 1.04 Lakh

Suitability:

"Fixed Maturity Plans, as the name suggests, are funds that have a fixed tenure which can vary from three months to five years or even more. Upon the completion of the stated tenure, the fund is wound up and investors' money is returned to them along with accumulated gains. Therefore, they are similar to bank fixed deposits except that they do not offer guaranteed returns even though they aim to better what an FD can fetch.

However, retail investors can avoid these funds altogether. There are far too many kinds of debt funds with a highly nuanced classification based on the type or duration of bonds they can invest in. We believe that so many fund categories add to complexity which is easily avoidable. Retail investors can simply invest in Liquid funds for an investment horizon of up to one year and Short Duration funds for the fixed income allocation (which should be 100 per cent for an investment horizon of up to three years) in their longer-term portfolios."

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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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Kotak FMP Series 226 - 1470 Days Reg-G 1.49 0.01 0.07 0.32 0.89 1.87 3.93 7.35 -- -- --
CCIL T Bill Liquidity Weight 0.59 0.02 0.07 -0.05 0.28 0.84 1.90 2.74 -- -- --
Debt: FMP 1.38 0.02 0.10 -0.20 0.13 1.82 4.62 7.46 -- -- --
Rank within category 34 111 107 2 24 36 36 34 -- -- --
Number of funds in category 131 142 142 142 134 128 112 72 3 3 0

As on 24-May-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Kotak FMP Series 226 - 1470 Days - Regular Plan
Unrated
May-18 3.93 7.35 -- -- 261
HDFC Fixed Maturity Plan - 1487 Days - August 2018 (1) - Regular Plan
Unrated
Sep-18 6.54 9.25 -- -- 822
SBI Fixed Maturity Plan - Series 41 (1498 Days) - Regular Plan
Unrated
Mar-21 1.70 -- -- 0.35% 763
HDFC Fixed Maturity Plans - 3360 Days - March 2014 (1) - Regular Plan
Unrated
Mar-14 2.86 6.94 6.99 -- 732
ICICI Prudential Fixed Maturity Plan - Series 84 1279 Days Plan P
Unrated
Nov-18 3.84 7.29 -- -- 662

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 1.65 24-Mar-2020 - 31-Mar-2020 -1.26 16-Mar-2020 - 23-Mar-2020
Month 3.03 24-Mar-2020 - 23-Apr-2020 -1.27 20-Feb-2020 - 24-Mar-2020
Quarter 5.26 24-Mar-2020 - 24-Jun-2020 0.47 26-Nov-2020 - 25-Feb-2021
Year 13.16 04-Oct-2018 - 04-Oct-2019 3.95 20-May-2021 - 20-May-2022

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Kotak FMP Series 226 - 1470 Days Reg-G 7.34 1.36 2.80 7.65 2.33 5.37
CCIL T Bill Liquidity Weight 2.86 0.36 -1.85 -5.13 -- --
Debt: FMP 7.48 2.14 2.20 7.22 1.44 4.92
Rank within category 58 5 4 82 89 20
Number of funds in category 122 122 122 122 122 122

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 3 15 3 8
Modified Duration (yrs) 0.03 0.78 0.03 0.43
Average Maturity (yrs) 0.04 0.81 0.04 0.35
Yield to Maturity (%) 3.98 4.31 3.90 4.29
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
up 8.35% GOI 2022 GOI Securities SOV 0.00 - 65.89 65.89
equal Axis Finance 25/05/2022 Zero Coupon Bonds AAA 10.54 - 10.60 10.60
equal 7.42% Maharashtra State 2022 State Development Loan SOV 0.00 - 6.74 6.70

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 10-May-2018

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 24-May-2022

Growth: ₹ 13.6396

IDCW: ₹ 13.6396


Investment Strategy

The scheme seeks to generate returns through investments in debt and money market instruments with a view to reduce the interest rate risk.

Investment Details

Tenure (Days) 1470
Maturity date 25-May-2022

Basic Details

Fund House: Kotak Mahindra Mutual Fund
Launch Date: 16-May-2018
Return Since Launch: 8.02%
Benchmark: CRISIL Composite Bond Index
Riskometer: Low to Moderate
Type: Closed-end

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

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