1 Lakh
Investment Grown to₹ 10000
Monthly SIP Grown toSuitability:
Low Duration debt funds invest in bonds maturing in six months to a year. They aim to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit. The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital.
Retail investors can avoid these funds altogether. Here's why. Debt funds are very finely classified depending upon the maturity of the bonds they invest in. For instance, there's a different category of funds that invests in bonds of up to three months maturity, from the one that invests in bonds maturing in three to six months, and so on. We believe that such a nuanced classification adds little value to retail investors. They can avoid this complexity and simply invest the money they don't need for up to a year in a Liquid fund.
Taxability of earnings:
Capital gains
Dividends
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YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
---|---|---|---|---|---|---|---|---|---|---|---|
Fund | 0.01 | -0.03 | -0.02 | 0.13 | 0.90 | 2.52 | 7.40 | 7.72 | 7.84 | 8.24 | 8.48 |
CCIL T Bill Liquidity Weight | 0.09 | 0.03 | 0.04 | 0.15 | 0.50 | 1.08 | 3.01 | 3.80 | 4.01 | 4.43 | 4.70 |
Debt: Low Duration | 0.06 | 0.00 | 0.01 | 0.17 | 0.99 | 2.31 | 5.96 | 5.00 | 5.96 | 6.54 | 7.39 |
Rank within category | 13 | 25 | 23 | 13 | 7 | 5 | 4 | 2 | 2 | -- | -- |
Number of funds in category | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 24 | 22 | 20 |
As on 22-Jan-2021
Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
---|---|---|---|---|---|---|---|
Kotak Low Duration Fund - Standard Plan | Invest Online | Mar-08 | 7.40 | 7.72 | 7.84 | 1.15 | 11,678 | |
ICICI Prudential Savings Fund | Invest Now | Sep-02 | 8.19 | 8.12 | 8.09 | 0.55 | 29,895 | |
Aditya Birla Sun Life Low Duration Fund | Invest Online | May-98 | 7.21 | 7.56 | 7.49 | 1.22 | 19,972 | |
SBI Magnum Low Duration Fund | Invest Online | Jul-07 | 6.36 | 7.39 | 7.41 | 1.01 | 16,320 | |
Axis Treasury Advantage Fund | Oct-09 | 6.93 | 7.68 | 7.54 | 0.61 | 10,144 |
Best (Period) | Worst (Period) | |
---|---|---|
Week | 1.76 (24-Mar-2020 - 31-Mar-2020) | -1.38 (09-Jul-2013 - 16-Jul-2013) |
Month | 2.12 (24-Mar-2020 - 23-Apr-2020) | -3.41 (24-Sep-2008 - 24-Oct-2008) |
Quarter | 4.46 (24-Mar-2020 - 24-Jun-2020) | -2.37 (24-Jul-2008 - 23-Oct-2008) |
Year | 10.73 (13-Jan-2012 - 14-Jan-2013) | 3.50 (05-May-2008 - 05-May-2009) |
Mean | Std Dev | Sharpe | Sortino | Beta | Alpha | |
---|---|---|---|---|---|---|
Fund | 7.60 | 1.30 | 2.19 | 3.26 | 0.25 | 3.08 |
CCIL T Bill Liquidity Weight | 3.78 | 0.34 | -2.89 | -5.80 | -- | -- |
Debt: Low Duration | 5.18 | 4.37 | 1.30 | 2.57 | -0.67 | -0.25 |
Rank within category | 2 | 13 | 11 | 11 | 9 | 10 |
Number of funds in category | 25 | 25 | 25 | 25 | 25 | 25 |
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 31-Dec-2020
Fund | 1Y High | 1Y Low | Category | |
---|---|---|---|---|
Number of Securities | 106 | 108 | 57 | 60 |
Modified Duration (yrs) | 1.00 | 1.13 | 0.74 | 0.76 |
Average Maturity (yrs) | 1.22 | 1.25 | 0.86 | 0.89 |
Yield to Maturity (%) | 4.55 | 9.47 | 4.17 | 4.11 |
Avg Credit Rating | AAA | -- | -- | -- |
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Company | Instrument | Credit Rating | 1Y Range | % Assets | |
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Reliance Industries 84-D 22/03/2021 | Commercial Paper | A1+ | 0.00 - 4.25 | 4.25 |
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National Bank Agr. Rur. Devp 28/05/2021 | Commercial Paper | A1+ | 0.00 - 4.22 | 4.22 |
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Reserve Bank of India 364-D 29/04/2021 | Treasury Bills | SOV | 0.00 - 6.32 | 3.39 |
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7.94% GOI 24/05/2021 | Central Government Loan | SOV | 0.00 - 3.05 | 3.05 |
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Sundaram Finance 28/06/2022 | Zero Coupon Bonds | AAA | 0.00 - 4.14 | 3.04 |
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Indusind Bank 21/01/2021 | Certificate of Deposit | A1+ | 2.30 - 7.67 | 2.78 |
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5.09% GOI 13/04/2022 | GOI Securities | SOV | 0.00 - 4.16 | 2.54 |
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6.77% HDFC 28/06/2021 | Non Convertible Debenture | AAA | 0.00 - 2.77 | 2.39 |
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6.99% HDFC 25/11/2021 | Non Convertible Debenture | AAA | 0.00 - 2.33 | 2.33 |
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8.90% State Bank of India 2028 | Non Convertible Debenture | AAA | 0.00 - 1.90 | 1.90 |
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7.41% Nabha Power 20/04/2022 | Non Convertible Debenture | AAA | 0.00 - 2.52 | 1.82 |
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6.51% GOI 2024 | GOI Securities | SOV | 0.00 - 1.74 | 1.74 |
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5.78% HDFC-Warrant 11/2025 | Debenture | AAA | 0.00 - 1.72 | 1.72 |
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11.80% Tata Steel | Debenture | AA- | 0.00 - 5.27 | 1.69 |
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0.10% Manappuram Finance | Bonds/Debentures | AA | 1.31 - 4.40 | 1.57 |
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2.00% Tata Steel 23/04/2022 | Debenture | AA | 0.00 - 1.85 | 1.51 |
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Embassy Office Parks REIT 2022 | Zero Coupon Bonds | AAA | 0.00 - 3.82 | 1.45 |
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8.75% Muthoot Finance 19/06/2021 | Bonds/NCDs | AA | 0.55 - 2.37 | 1.43 |
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REC 13/12/2022 | Debenture | AAA | 0.00 - 2.47 | 1.35 |
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6.22% HDFC 2021 | Debenture | AAA | 0.00 - 3.34 | 1.35 |
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7.59% LIC Housing Fin. 14/10/2021 | Bonds | AAA | 0.00 - 1.32 | 1.32 |
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Hindustan Zinc 365-D 10/08/2021 | Commercial Paper | A1+ | 0.00 - 1.72 | 1.25 |
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5.11% HDB Financial Services 26/07/2022 | Zero Coupon Bonds | AAA | 0.00 - 1.20 | 1.20 |
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8.90% Bharti Telecom 17/02/2022 | Non Convertible Debenture | AA+ | 0.00 - 1.56 | 1.12 |
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7.41% Nabha Power 20/04/2022 | Debenture | AAA | 0.92 - 2.48 | 1.11 |
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Dec-2020
— 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:
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The scheme seeks to generate income through investment in low duration debt and money market securities.
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 |
Exit Load | 0 |
Fund House: | Kotak Mahindra Mutual Fund |
Launch Date: | 06-Mar-2008 |
Return Since Launch: | 7.74% |
Benchmark: | NIFTY Low Duration Debt TRI |
Riskometer: | Moderate |
Type: | Open-ended |
Assets: | ₹ 11,678 Cr (As on 31-Dec-2020) |
Expense: | 1.15% (As on 31-Dec-2020) |
Risk Grade: | Average |
Return Grade: | High |
Plan | Record Date | Dividend (₹ / Unit) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Monthly | 12-Jan-2021 | 2.8081 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Weekly | 12-Jan-2021 | 0.5838 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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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: http://www.kotakmutual.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