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Kotak Corporate Bond Fund - Standard Plan

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Debt: Corporate Bond

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1 Lakh

Investment Grown to
₹ 1.04 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.23 Lakh

Suitability:

"Corporate Bond funds invest mainly in high-grade corporate bonds (those with a credit rating of AA+ and above). They are suitable for a short investment horizon of two to three years, or for the fixed-income allocation in your longer-term portfolio. You can expect to earn higher returns than what a bank fixed deposit can fetch.

The risk of incurring a loss in these funds is low, but they do not guarantee returns or safety of capital like a bank deposit.

Remember, their returns may not be substantially higher than inflation. They are meant to deliver steady, but low to moderate returns and are not suitable to build wealth in the long run."

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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Annual Returns
Quarterly Returns
Monthly Returns
Weekly Returns

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(₹)
cal
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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 3.61 0.01 0.05 0.21 0.97 2.30 3.96 7.96 7.41 8.28 8.29
VR Bond 2.70 0.08 0.12 0.88 1.78 2.08 3.24 6.55 5.53 6.78 7.41
Debt: Corporate Bond 3.28 0.03 0.09 0.33 0.82 1.99 3.59 8.03 6.70 7.68 8.01
Rank within category 7 19 19 20 4 5 7 10 3 3 --
Number of funds in category 20 21 21 21 21 21 20 17 13 12 9

As on 26-Nov-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Kotak Corporate Bond Fund - Standard Plan  | Invest Online
4 star
 Sep-07 3.96 7.96 7.41 0.69% 10,858
HDFC Corporate Bond Fund  | Invest Online
4 star
 Jun-10 4.31 9.02 7.60 0.61% 28,807
Aditya Birla Sun Life Corporate Bond Fund  | Invest Online
5 star
 Mar-97 4.25 8.83 7.63 0.46% 20,980
ICICI Prudential Corporate Bond Fund  | Invest Now
5 star
 Jun-09 4.44 8.44 7.28 0.58% 20,838
Nippon India Corporate Bond Fund  | Invest Online
4 star
 Sep-00 4.78 7.55 7.02 0.62% 4,030

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 2.09 24-Mar-2020 - 31-Mar-2020 -1.87 15-Jul-2013 - 22-Jul-2013
Month 3.21 14-Nov-2014 - 15-Dec-2014 -2.42 24-Jun-2013 - 24-Jul-2013
Quarter 6.38 17-Oct-2014 - 16-Jan-2015 -2.57 20-May-2013 - 19-Aug-2013
Year 14.44 08-Aug-2014 - 10-Aug-2015 1.72 20-May-2013 - 20-May-2014

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 7.84 1.56 2.55 4.36 0.46 2.78
VR Bond 6.46 2.13 1.22 1.72 -- --
Debt: Corporate Bond 7.95 2.52 1.84 3.33 0.63 2.44
Rank within category 11 2 2 5 5 9
Number of funds in category 17 17 17 17 17 17

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

As on 31-Oct-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 94 103 77 89
Modified Duration (yrs) 1.59 2.15 1.50 --
Average Maturity (yrs) 3.11 3.32 2.00 --
Yield to Maturity (%) 5.09 5.31 4.74 --
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 7.59% GOI 2026 GOI Securities SOV 0.00 - 7.55 6.79
up GOI 22/09/2033 GOI Securities Floating Rate Bond SOV 0.00 - 6.71 6.63
up 4.60% National Bank Agr. Rur. Devp 29/07/2024 Debenture AAA 0.00 - 5.59 5.53
down Power Finance Corporation 2024 Floating Rate Debenture AAA 0.00 - 4.60 4.36
up 9.95% Food Corporation of India 2022 Bonds AAA 0.00 - 2.91 2.91
equal 5.65% Bajaj Finance 2024 Debenture AAA 0.00 - 3.12 2.81
new HDFC 30/09/2024 Debenture AAA 0.00 - 2.30 2.30
equal 7.65% Axis Bank 30/01/2027 Non Convertible Debenture AAA 0.00 - 2.63 2.19
equal 7.69% National Bank Agr. Rur. Devp 29/05/2024 Non Convertible Debenture AAA 0.00 - 2.21 2.14
up GOI 2031 GOI Securities SOV 0.00 - 2.11 2.11
equal 7.41% Nabha Power 20/04/2022 Debenture AAA 2.10 - 2.93 2.10
equal 6.75% Sikka Ports and Terminals 22/04/2026 Debenture AAA 0.00 - 1.94 1.87
equal 5.35% LIC Housing Fin. 20/03/2023 Debenture AAA 0.00 - 2.26 1.85
equal 4.85% Bajaj Housing Finance 2022 Debenture AAA 1.84 - 2.52 1.84
equal 7.57% HDB Financial Services 16/02/2023 Non Convertible Debenture AAA 0.00 - 1.89 1.66
equal 5.11% HDB Financial Services 26/07/2022 Zero Coupon Bonds AAA 1.62 - 2.21 1.62
equal 6.24% State Bank of India Additional Tier 2 Bond AAA 1.61 - 5.76 1.61
equal 8.45% Power Finance Corporation 2022 Non Convertible Debenture AAA 1.23 - 2.04 1.52
new 8.30% Reliance Industries 2022 Debenture AAA 0.00 - 1.40 1.40
equal 5.90% Grasim Industries 16/06/2023 Zero Coupon Bonds AAA 1.40 - 1.93 1.40
equal 6.10% Tata Capital Financial Services 29/03/2024 Zero Coupon Bonds AAA 0.00 - 1.61 1.39
equal 5.40% Nabha Power 15/05/2023 Debenture AAA 0.00 - 1.62 1.39
equal 6.50% Power Finance Corporation 17/09/2025 Non Convertible Debenture AAA 0.00 - 2.77 1.18
equal 8.25% Tata Capital Financial Services 20/01/2023 Zero Coupon Bonds AAA 0.00 - 1.18 0.95
equal 7.20% Nabha Power 28/04/2023 Zero Coupon Bonds AAA 0.95 - 1.32 0.95

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-Oct-2021

Fund Manager

— Deepak Agrawal since 31-Jan-2015

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:

Invest Online
0.01%

Change from previous, NAV as on 26-Nov-2021

Growth: ₹ 3,000.5210

IDCW Monthly: ₹ 1,046.5054

Investment Strategy

The scheme seeks to generate income by investing in debt /and money market securities across the yield curve and predominantly in AA+ and above rated corporate securities.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 6
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) 1,000
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: Kotak Mahindra Mutual Fund
Launch Date: 21-Sep-2007
Return Since Launch: 8.05%
Benchmark: CRISIL Corporate Bond Fund
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 10,858 Cr (As on 31-Oct-2021)
Expense: 0.69% (As on 31-Oct-2021)
Risk Grade: Below Average
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Monthly12-Nov-20212.8928

 12-Oct-20212.4182
 13-Sep-20217.4231
 12-Aug-20216.3596
 12-Jul-20211.6051
 14-Jun-20215.9053
 12-May-20215.7322
 12-Apr-202110.1900
 12-Mar-20210.7427
 12-Feb-20213.5910
 12-Jan-20213.3611
 14-Dec-20206.1205
 12-Nov-20205.0429
 12-Oct-20205.7422
 13-Jul-202019.5626
 12-Jun-202013.5209
 12-May-202013.4445
 13-Apr-20201.7050
 12-Mar-20202.9932
 12-Feb-20207.8312
 13-Jan-20205.2715
 12-Dec-20192.6360
 13-Nov-20196.8613
 15-Oct-20194.4466
 14-Oct-20194.4466
IDCW Quarterly20-Jun-201715.9660

 20-Mar-201711.1398
 20-Dec-201617.6919
 20-Sep-201620.6020
 20-Jun-201614.2640
 21-Mar-201611.6905
 21-Dec-201515.4654
 21-Sep-20158.6026
 22-Jun-201512.8212
 20-Mar-201517.7139
 26-Dec-201425.0283
 25-Sep-201415.5521
 25-Jun-201415.5958
 25-Mar-20149.3942
 25-Jun-201323.8950
 25-Mar-201322.2720
 26-Dec-201210.9216
IDCW Daily21-Sep-201621.5315

 20-Sep-201621.5315
 20-Jun-201614.9341
 21-Dec-201516.5743
 21-Sep-201531.7970
 06-Feb-20150.4110
 05-Feb-20150.1362
 04-Feb-20150.1388
 03-Feb-20150.1374
 02-Feb-20150.7783
 29-Jan-20150.1378
 28-Jan-20150.0970
 27-Jan-20150.4730
 23-Jan-20150.2146
 21-Jan-20151.4405
 20-Jan-20150.3935
 16-Jan-20150.5243
 15-Jan-20153.9560
 14-Jan-20150.0298
 13-Jan-20151.9381
 12-Jan-20151.9216
 09-Jan-20150.8905
 08-Jan-20150.1589
 07-Jan-20150.3879
 31-Dec-20140.6206
IDCW Weekly27-Jan-20152.7383

 19-Jan-20156.2486
 12-Jan-20154.0026
 15-Dec-20140.9665
 08-Dec-20140.3169
 01-Dec-20140.9816
 24-Nov-20141.7570
 17-Nov-20140.4985
 10-Nov-20142.0707
 03-Nov-20143.8045
 27-Oct-20143.3278
 20-Oct-20143.4373
 13-Oct-20142.3653
 07-Oct-20141.7491
 22-Sep-20143.3655
 15-Sep-20141.2260
 08-Sep-20142.8853
 01-Sep-20141.5418
 25-Aug-20140.7779
 19-Aug-20142.0605
 28-Jul-20141.6714
 21-Jul-20140.3394
 07-Jul-20141.6453
 09-Jun-20144.8927
 02-Jun-20142.0469

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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