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Unrated

Kotak FMP Series 251 - 1265 Days - Regular Plan


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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(₹)
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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 3.07 -0.01 0.01 0.18 0.80 1.79 3.95 -- -- -- --
CCIL T Bill Liquidity Weight 1.65 0.01 0.03 0.12 0.50 1.04 2.03 -- -- -- --
Debt: FMP 3.71 -0.02 0.02 0.22 0.99 2.17 4.80 -- -- -- --
Rank within category 256 87 157 216 249 269 258 -- -- -- --
Number of funds in category 272 289 289 288 280 274 272 62 3 3 0

As on 27-Oct-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Kotak FMP Series 251 - 1265 Days - Regular Plan
Unrated
Nov-18 3.95 -- -- 0.12% 743
Kotak FMP Series 252 - 1261 Days - Regular Plan
Unrated
Nov-18 4.14 -- -- 0.09% 1,353
HDFC Fixed Maturity Plan - 1487 Days - August 2018 (1) - Regular Plan
Unrated
Sep-18 9.60 9.75 -- 0.27% 793
Kotak FMP Series 239 - 1330 Days - Regular Plan
Unrated
Aug-18 7.96 9.53 -- 0.12% 783
SBI Fixed Maturity Plan - Series 41 (1498 Days) - Regular Plan
Unrated
Mar-21 -- -- -- 0.35% 756

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 1.54 24-Mar-2020 - 31-Mar-2020 -1.19 12-Mar-2020 - 19-Mar-2020
Month 2.61 24-Mar-2020 - 23-Apr-2020 -1.34 25-Feb-2020 - 26-Mar-2020
Quarter 5.24 26-Mar-2020 - 25-Jun-2020 0.41 26-Nov-2020 - 25-Feb-2021
Year 12.28 30-Nov-2018 - 02-Dec-2019 3.99 20-Oct-2020 - 20-Oct-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
CCIL T Bill Liquidity Weight* 3.34 0.40 -1.54 -3.94 -- --
Debt: FMP* 8.22 1.91 2.62 6.15 1.53 5.21
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

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

As on

* As on 30-Sep-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 27 27 25 15
Modified Duration (yrs) 0.40 1.04 0.40 0.50
Average Maturity (yrs) 0.42 1.30 0.42 0.52
Yield to Maturity (%) 3.90 4.48 3.75 4.15
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
equal Bajaj Finance 2022 Zero Coupon Bonds AAA 12.12 - 12.21 12.21
equal 8.73% Madhya Pradesh State 25/01/2022 State Development Loan SOV 10.26 - 11.09 10.26
equal 9.35% HDB Financial Services 25/03/2022 Non Convertible Debenture AAA 8.27 - 8.91 8.27
equal 8.30% Reliance Industries 2022 Debenture AAA 8.23 - 8.84 8.23
equal 8.74% Rajasthan State 2022 State Development Loan SOV 6.34 - 6.85 6.34
equal 8.35% REC 13/03/2022 Debenture AAA 6.18 - 6.64 6.18
equal 8.72% Maharashtra State 2022 State Development Loan SOV 6.14 - 6.64 6.14
equal 8.66% Tamilnadu State 25/01/2022 State Development Loan SOV 4.10 - 4.43 4.10
equal 8.69% LIC Housing Fin. 19/04/2022 Zero Coupon Bonds AAA 3.79 - 4.07 3.79
equal 8.45% REC 22/03/2022 Debenture AAA 3.51 - 3.77 3.51
equal 8.75% Tamilnadu State 22/02/2022 State Development Loan SOV 3.43 - 3.71 3.43
equal 7.80% LIC Housing Fin. 2022 Bonds/NCDs AAA 3.43 - 3.66 3.43
equal 5.09% GOI 13/04/2022 GOI Securities SOV 0.00 - 3.48 3.39
equal 9.13% Gujarat State 2022 State Development Loan SOV 2.08 - 2.25 2.08
equal 5.93% Orissa State 2022 State Development Loan SOV 2.04 - 2.15 2.04
new 8.18% Power Finance Corporation 19/03/2022 Debenture AAA 0.00 - 1.72 1.72
equal 8.61% Uttar Pradesh State 21/03/2022 State Development Loan SOV 1.38 - 1.48 1.38
equal 9.23% Gujarat State 30/03/2022 State Development Loan SOV 1.38 - 1.50 1.38
equal 7.65% Grasim Industries 15/04/2022 Debenture AAA 1.37 - 1.46 1.37
equal 8.71% Haryana State 25/01/2022 State Development Loan SOV 1.37 - 1.48 1.37
equal 8.69% Kerala State 2022 State Development Loan SOV 1.16 - 1.26 1.16
equal 7.95% SIDBI 26/04/2022 Debenture AAA 1.10 - 1.18 1.10
equal 8.27% REC 2022 Debenture AAA 0.69 - 0.74 0.69
equal 9.10% Tamilnadu State 2022 State Development Loan SOV 0.69 - 0.75 0.69
equal 8.99% Bihar State 2022 State Development Loan SOV 0.69 - 0.74 0.69

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-Sep-2021

Fund Manager

— Deepak Agrawal since 15-Nov-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 27-Oct-2021

Growth: ₹ 12.7324


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) 1265
Maturity date 10-May-2022

Basic Details

Fund House: Kotak Mahindra Mutual Fund
Launch Date: 22-Nov-2018
Return Since Launch: 8.59%
Benchmark: CRISIL Composite Bond Index
Riskometer: Low to Moderate
Type: Closed-end

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

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