Item: Kotak Corporate Bond- Direct Plan- Monthly Reinvestment of Income Distribution cum Cap Wdrl
Rating: 4
Author: Morningstar

Home › Mutual Funds › Kotak Mutual Fund › Kotak Corporate Bond- Direct Plan- Monthly Reinvestment of Income Distribution cum Cap Wdrl

1075.943 (0.075%)

NAV on July 25, 2024

Category Fixed income:
Corporate Bond

Interest rate sensitivity
Credit quality

Moderate Sensitivity High Quality

Total Assets 12,876 cr

Turnover Ratio 138.88%

Expense Ratio 0.34%

Exit Load -

Returns

1M: 0.03%
1Y: 6.96%
3M: 1.57%
3Y: 5.78%
6M: 3.54%
5Y: 6.32%

Min Investment 100

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ADDITIONAL INFO

Fund Manager Deepak Agrawal (Since over 9 years) Manu Sharma (Since over 1 year) Palha Khanna (Since about 1 year)

ISIN INF178L01BZ7

Fund Family Kotak

Launch Date January 14, 2013

Benchmark NIFTY Corporate Bond TR INR

Avg. Maturity 5.20 years

Yield To Maturity (%) 7.68%

INVESTMENT OBJECTIVE

The investment objective of the scheme is to generate income by investing in debt /and money market securities across the yield curve and predominantly in AA+ and above rated corporate securities. The scheme would also seek to maintain reasonable liquidity within the fund.There is no assurance or guarantee that the investment objective of the scheme will be achieved.

Dividends that would otherwise be paid out to investors are instead used to purchase more units in the fund. Not as tax efficient as Growth.

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Aditya Birla Sun Life Corporate Bond Fund Direct Plan Growth	105.942	7.96%	20,301 cr	0.34%	Below Average
HDFC Corporate Bond Fund -Direct Plan - Growth Option	30.663	7.92%	29,258 cr	0.36%	Average
Axis Corporate Debt Fund Direct Growth	16.590	7.85%	5,427 cr	0.30%	Below Average
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ICICI Prudential Corporate Bond Fund Direct Plan Growth	28.863	7.83%	26,944 cr	0.34%	Low
Kotak Corporate Bond-Direct Plan-Growth Option	3626.364	7.77%	12,876 cr	0.34%	Below Average
UTI Corporate Bond Fund Direct Growth	15.438	7.48%	3,796 cr	0.28%	Below Average