Item: Kotak Floating Rate Fund Direct Monthly Reinvestment of Income Distribution cum Cap Wdrl
Rating: 4
Author: Morningstar

Home › Mutual Funds › Kotak Mutual Fund › Kotak Floating Rate Fund Direct Monthly Reinvestment of Income Distribution cum Cap Wdrl

1345.498 (0.002%)

NAV on May 30, 2025

Category Fixed income:
Floating Rate

Interest rate sensitivity
Credit quality

Limited Sensitivity High Quality

Total Assets 3,337 cr

Turnover Ratio 102.59%

Expense Ratio 0.25%

Exit Load -

Returns

1M: 1.05%
1Y: 10.03%
3M: 3.33%
3Y: 8.20%
6M: 5.21%
5Y: 7.37%

Min Investment 100

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ADDITIONAL INFO

Fund Manager Deepak Agrawal (Since about 6 years) Manu Sharma (Since over 2 years)

ISIN INF174KA1EF3

Fund Family Kotak

Launch Date May 14, 2019

Benchmark Nifty Short Duration Debt TR INR

Avg. Maturity 4.43 years

Yield To Maturity (%) 7.32%

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

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NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
Axis Floater Fund Direct Growth	1329.079	11.55%	186 cr	0.20%	High
Nippon India Floating Rate Fund Direct Plan Growth Plan	47.577	10.04%	7,731 cr	0.35%	Average
HDFC Floating Rate Debt - Direct Plan - Growth Option	50.887	9.53%	15,083 cr	0.26%	Below Average
ICICI Prudential Floating Interest Fund Direct Plan Growth	461.629	9.37%	7,457 cr	0.55%	Above Average