Item: Kotak Corporate Bond- Direct Plan- Monthly Reinvestment of Income Distribution cum Cap Wdrl
Rating: 3
Author: Morningstar

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

1071.951 (-0.025%)

NAV on April 16, 2024

Category Fixed income:
Corporate Bond

Interest rate sensitivity
Credit quality

Limited Sensitivity High Quality

Total Assets 11,584 cr

Turnover Ratio 138.88%

Expense Ratio 0.33%

Exit Load -

Returns

1M: -0.01%
1Y: 6.97%
3M: 1.43%
3Y: 5.60%
6M: 3.48%
5Y: 5.98%

Min Investment 100

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ADDITIONAL INFO

Fund Manager Deepak Agrawal (Since about 9 years) Manu Sharma (Since over 1 year) Palha Khanna (Since 10 months)

ISIN INF178L01BZ7

Fund Family Kotak

Launch Date January 14, 2013

Benchmark NIFTY Corporate Bond TR INR

Avg. Maturity 5.55 years

Yield To Maturity (%) 7.77%

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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Top Rated
Top Performing

Top Corporate Bond Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
ICICI Prudential Corporate Bond Fund Direct Plan Growth	28.190	7.87%	26,230 cr	0.32%	Low
HDFC Corporate Bond Fund -Direct Plan - Growth Option	29.926	7.82%	28,432 cr	0.35%	Average
Nippon India Corporate Bond Fund Direct Plan Growth Plan	56.399	7.59%	2,818 cr	0.34%	Average
Aditya Birla Sun Life Corporate Bond Fund Direct Plan Growth	103.245	7.56%	21,135 cr	0.33%	Average
Kotak Corporate Bond-Direct Plan-Growth Option	3537.840	7.45%	11,584 cr	0.33%	Below Average
UTI Corporate Bond Fund Direct Growth	15.072	7.15%	3,572 cr	0.29%	Below Average
Franklin India Corporate Debt Direct Growth	96.065	7.04%	748 cr	0.29%	Below Average

Best Corporate Bond Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
ICICI Prudential Corporate Bond Fund Direct Plan Growth	28.190	7.87%	26,230 cr	0.32%	Low
HDFC Corporate Bond Fund -Direct Plan - Growth Option	29.926	7.82%	28,432 cr	0.35%	Average
Nippon India Corporate Bond Fund Direct Plan Growth Plan	56.399	7.59%	2,818 cr	0.34%	Average
Aditya Birla Sun Life Corporate Bond Fund Direct Plan Growth	103.245	7.56%	21,135 cr	0.33%	Average
Baroda BNP Paribas Corporate Bond Fund Direct Plan Growth Option	26.155	7.55%	147 cr	0.2%	Above Average
Axis Corporate Debt Fund Direct Growth	16.180	7.49%	5,363 cr	0.3%	Below Average