VR Logo

Unrated

Kotak FMP Series 265 - 1194 Days - Regular Plan


Debt: FMP

1 Lakh

Investment Grown to
₹ 1.05 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.

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 3.05 -0.02 0.01 0.27 1.07 2.41 4.96 -- -- -- --
CCIL T Bill Liquidity Weight 1.54 0.03 0.04 0.20 0.62 1.10 2.20 -- -- -- --
Debt: FMP 3.44 -0.02 0.03 0.34 1.16 2.55 5.52 -- -- -- --
Rank within category 163 263 231 204 188 135 158 -- -- -- --
Number of funds in category 301 317 316 313 306 301 301 55 3 3 0

As on 24-Sep-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Kotak FMP Series 265 - 1194 Days - Regular Plan
Unrated
Mar-19 4.96 -- -- 0.08 238
Kotak FMP Series 252 - 1261 Days - Regular Plan
Unrated
Nov-18 4.85 -- -- 0.09 1,349
HDFC Fixed Maturity Plan - 1487 Days - August 2018 (1) - Regular Plan
Unrated
Sep-18 10.65 9.77 -- 0.27 790
Kotak FMP Series 239 - 1330 Days - Regular Plan
Unrated
Aug-18 8.87 9.72 -- 0.12 780
SBI Fixed Maturity Plan - Series 41 (1498 Days) - Regular Plan
Unrated
Mar-21 -- -- -- 0.35 754

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 2.04 24-Mar-2020 - 31-Mar-2020 -1.59 12-Mar-2020 - 19-Mar-2020
Month 2.99 24-Mar-2020 - 23-Apr-2020 -1.82 25-Feb-2020 - 26-Mar-2020
Quarter 5.90 26-Mar-2020 - 25-Jun-2020 0.02 24-Dec-2019 - 24-Mar-2020
Year 12.08 02-Jul-2019 - 01-Jul-2020 4.95 04-Sep-2020 - 06-Sep-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
CCIL T Bill Liquidity Weight* 3.37 0.39 -1.71 -4.34 -- --
Debt: FMP* 7.80 2.15 2.19 4.17 1.29 4.62
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 31-Aug-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 16 16 14 15
Modified Duration (yrs) 0.57 1.12 0.57 0.50
Average Maturity (yrs) 0.59 1.39 0.59 0.55
Yield to Maturity (%) 3.79 4.57 3.79 4.08
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 Sundaram Finance 25/03/2022 Zero Coupon Bonds AAA 12.12 - 12.19 12.19
equal 8.92% Uttar Pradesh State 20/06/2022 State Development Loan SOV 10.90 - 11.75 10.90
equal 9.35% HDB Financial Services 25/03/2022 Non Convertible Debenture AAA 9.71 - 10.46 9.71
equal 8.30% Reliance Industries 2022 Debenture AAA 9.44 - 10.16 9.44
equal 8.45% REC 22/03/2022 Debenture AAA 8.61 - 9.27 8.61
equal 8.99% Gujarat State 14/03/2022 State Development Loan SOV 6.47 - 7.02 6.47
equal 8.58% HDFC 18/03/2022 Debenture AAA 6.45 - 6.94 6.45
equal 7.95% SIDBI 26/04/2022 Debenture AAA 6.24 - 6.70 6.24
equal 7.90% National Bank Agr. Rur. Devp 18/04/2022 Non Convertible Debenture AAA 5.59 - 5.99 5.59
equal 8.60% National Bank Agr. Rur. Devp 31/01/2022 Debenture AAA 4.28 - 4.63 4.28
equal LIC Housing Fin. 2022 Bonds/NCDs AAA 4.14 - 4.16 4.16
equal 8.59% Bajaj Housing Finance 2022 Bonds/Debentures AAA 3.46 - 3.69 3.46
equal 8.35% GOI 2022 GOI Securities SOV 0.00 - 2.61 2.60
equal 8.15% GOI 2022 Central Government Loan SOV 0.00 - 2.24 2.17
equal 8.26% Uttar Pradesh State 2022 State Development Loan SOV 2.16 - 2.31 2.16
equal 9.35% REC 15/06/2022 Bonds AAA 1.75 - 1.88 1.75

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 11-Mar-2019

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:


-0.02%

Change from previous, NAV as on 24-Sep-2021

Growth: ₹ 12.2972


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) 1194
Maturity date 21-Jun-2022

Basic Details

Fund House: Kotak Mahindra Mutual Fund
Launch Date: 15-Mar-2019
Return Since Launch: 8.51%
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

Upcoming Video

Viewpoint

The Case for ESG Investing

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