Latest NAV & returns of KOTAK AMC LTD.

Kotak Floating Rate Fund Direct Monthly Reinvestment of Income Distribution cum Cap Wdrl

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previously known as Kotak Floating Rate Dir Mn DR until

NAV on May 24, 2024
Category Fixed income:
Floating Rate
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 3,807 cr
Turnover Ratio 38.00%
Expense Ratio 0.24%
Exit Load -
Returns
  • 1M: 0.66%
  • 1Y: 7.76%
  • 3M: 2.13%
  • 3Y: 5.98%
  • 6M: 3.98%
  • 5Y: 6.58%
Min Investment 100
ADDITIONAL INFO
Fund Manager Deepak Agrawal (Since about 5 years) Manu Sharma (Since over 1 year) Palha Khanna (Since 11 months)
ISIN INF174KA1EF3
Fund Family Kotak
Launch Date May 14, 2019
Benchmark Nifty Short Duration Debt TR INR
Avg. Maturity 4.65 years
Yield To Maturity (%) 8.06%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 93.08%
AA 6.92%
A 0.00%
BBB 0.00%
BB 0.00%
B 0.00%
Below B 0.00%
Unrated 0.00%
RISK MEASURES (3 yrs)
vs Nifty Short Duration Debt TR INR

Alpha -
Beta -
R-Squared -
Info Ratio -
Tracking Err -
Sortino 0.698
Sharpe 0.478
Std Dev 1.101
Risk Average
INVESTMENT OBJECTIVE

The primary objective of the Scheme is to generate income through investment primarily in floating rate debt instruments, fixed rate debt instruments swapped for floating rate returns and money market instruments. However, 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.

View Factsheet

Top Floating Rate Funds
NAME LATEST
NAV
RETURNS
1y      
FUND
ASSETS
EXPENSE
RATIO
RISK
421.823 8.64% 9,761 cr 0.61% Above Average
46.422 8.13% 14,459 cr 0.26% Below Average
327.171 7.77% 12,773 cr 0.23% Low
Best Arbitrage Fund Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
1191.547 8.15% 252 cr 0.19% -


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