Rating: ★ ★ ★ ☆ ☆

Kotak Medium Term Direct Quarterly Dividend Payout

Debt

  

Medium Duration Fund

NAV

10.742 + 0.0082

as on (05 Jun, 2020)

RETURNS

4.55 %

Fund Type

Open Ended

Investment Plan

Dividend Payout

Expense Ratio

0.87 %

Benchmark

Nifty Medium Duration Debt Index TR INR

Asset Size

1757.2 Cr.

(As of 30 Apr, 2019)

Risk

Moderate

Objective

The investment objective of the scheme is to generate regular income and capital appreciation by investing in a portfolio of medium term debt and money market instruments. There is no assurance or guarantee that the investment objective of the scheme will be achieved

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Fund manager

Deepak Agrawal

(since 25 Mar, 2014)

Exit load

2 %

(If redeemed within 540 days)

Minimum sip

₹ 1000

minimum investment

₹ 5000

Top Holdings

This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.

Company

Assets

U.P. Power Corporation Limited

5.57 %

Karelides Traders Private Limited

5.31 %

Reliance Jio Infocomm Limited

5.08 %

Punjab National Bank

4.44 %

Sector Allocation

About the Scheme Type

Medium Duration Fund

Medium Duration Funds invest in debt and money market instruments wherein the portfolio’s Macaulay Duration should be between three to four years. Given that these funds do not have equity exposure, it reduces the risk factor and is generallysuited for investors whose investment horizon is 1 – 3 years and are looking for just better than nominal returns.

Ratings

This fund is rated 3 stars by Morning Star Ratings.

★ ★ ★ ☆ ☆

Overview of Kotak Mahindra Asset Management Co Ltd

Kotak Mahindra Asset Management Company Limited (KMAMC), a wholly owned subsidiary of Kotak Mahindra bank Limited (KMBL), is the Asset Manager for Kotak Mahindra Mutual Fund (KMMF). Kotak Mutual Fund started operations in December 1998 and has approximately 7.5 Lac investors in various schemes. Kotak Mutual Fund offers schemes catering to investors with varying risk - return profiles and was the first fund house in the country to launch a dedicated gilt scheme investing only in government securities. The company is present in 80 cities and has 84 branches.

Vision of Kotak Mutual Fund – Kotak Mutual Fund envisions to be a responsible player in the Indian mutual fund space, offering best in class products across investor lifecycle. We, at Kotak Mutual Fund, strive hard to deliver consistent performance over the benchmark across all our products, thereby creating customer satisfaction. Our 12 years of existence, offering a broad range of investment products across asset classes with varying risk parameters that cater to needs of various customer segments, have enabled us to garner trust of over 10 lac investors.