1 LakhInvestment Grown to
"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:
|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||--||--||--|
|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
|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||May-18||3.93||7.35||--||--||261|
|HDFC Fixed Maturity Plan - 1487 Days - August 2018 (1) - Regular Plan||Sep-18||6.54||9.25||--||--||822|
|SBI Fixed Maturity Plan - Series 41 (1498 Days) - Regular Plan||Mar-21||1.70||--||--||0.35%||763|
|HDFC Fixed Maturity Plans - 3360 Days - March 2014 (1) - Regular Plan||Mar-14||2.86||6.94||6.99||--||732|
|ICICI Prudential Fixed Maturity Plan - Series 84 1279 Days Plan P||Nov-18||3.84||7.29||--||--||662|
|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|
|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||--||--|
|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
|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||--||--||--|
|Company||Instrument||Credit Rating||1Y Range||% Assets|
|8.35% GOI 2022||GOI Securities||SOV||0.00 - 65.89||65.89|
|Axis Finance 25/05/2022||Zero Coupon Bonds||AAA||10.54 - 10.60||10.60|
|7.42% Maharashtra State 2022||State Development Loan||SOV||0.00 - 6.74||6.70|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 30-Apr-2022
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.
The scheme seeks to generate returns through investments in debt and money market instruments with a view to reduce the interest rate risk.
|Fund House:||Kotak Mahindra Mutual Fund|
|Return Since Launch:||8.02%|
|Benchmark:||CRISIL Composite Bond Index|
|Riskometer:||Low to Moderate|
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
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
Email: [email protected]