Kotak Bond Fund Regular-Growth
(Scheme Rating)
NAV as of Aug 29, 2024
72.270.00%
- Growth - Regular
(Earn upto 0.95% Extra Returns with Direct Plan)
Fund Category:
Debt: Medium to Long Duration
Expense Ratio:
1.64%(1.32% Category
average)Fund Size:
Rs. 2,058.84 Cr(18.39% of Investment in Category)
- Invest in MFADD TO PORTFOLIO
Kotak Bond Fund Regular-Growth
(Scheme Rating)
NAV as of Aug 29, 2024
72.270.00%
Expense Ratio:
1.64%
Fund Size:
Rs. 2,058.84 Cr
Fund Category:
Debt: Medium to Long Duration
1. Current NAV: The Current Net Asset Value of the Kotak Bond Fund - Regular Plan as of Aug 29, 2024 is Rs 72.27 for Growth option of its Regular plan.
2. Returns: Its trailing returns over different time periods are: 8.24% (1yr), 5.26% (3yr), 6.07% (5yr) and 8.31% (since launch). Whereas, Category returns for the same time duration are: 7.9% (1yr), 5.55% (3yr) and 5.8% (5yr).
3. Fund Size: The Kotak Bond Fund - Regular Plan currently holds Assets under Management worth of Rs 2058.84 crore as on Jul 31, 2024.
4. Expense ratio: The expense ratio of the fund is 1.64% for Regular plan as on Aug 21, 2024.
5. Exit Load: The given fund doesn't attract any Exit Load.
6. Minimum Investment: Minimum investment required is Rs 100 and minimum additional investment is Rs 100. Minimum SIP investment is Rs 100.
Kotak Bond Fund Regular-Growth Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 0.76 2.56 4.23 8.22 5.26 6.09 Category Avg 0.79 2.45 4.15 7.87 5.55 5.80 Rank within Category 9 2 3 3 8 6 No. of funds within Category 13 13 13 13 13 13 - Loading...
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Return Comparison
- This Fund
- BenchmarkUTI Medium to Long Duration Reg-G
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- Nifty 50
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- 3M
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- 1Y
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Kotak Bond Fund Regular-Growth Fund Details
Investment Objective - The scheme aims to create a portfolio of debt instruments of different maturities so as to spread the risk across a wide maturity horizon and different kind of issuers in the debt market. The wholesale plan is targeted at big ticket investors and corporate.
Fund House | Kotak Mahindra Mutual Fund |
Launch Date | Nov 25, 1999 |
Benchmark | NIFTY Medium to Long Duration Debt Index B-III |
Return Since Launch | 8.31% |
Riskometer | Moderate |
Type | Open-ended |
Risk Grade | Average |
Return Grade | Average |
Kotak Bond Fund Regular-Growth Investment Details
Minimum Investment (Rs.) | 100.00 |
Minimum Additional Investment (Rs.) | 100.00 |
Minimum SIP Investment (Rs.) | 100.00 |
Minimum Withdrawal (Rs.) | 1,000.00 |
Exit Load | 0% |
Portfolio Allocation
Portfolio Aggregates
Fund | 1Y High | 1Y Low | Category | |
---|---|---|---|---|
Modified Duration(Yrs) | 6.53 | 6.8938 | 3.8963 | 6.2762 |
Average Maturity(Yrs) | 14.02 | 16.1212 | 5.9392 | 10.9453 |
Yield to Maturity(%) | 7.24 | 8.04 | 6.95 | 7.2539 |
Avg Credit Rating | High | - | - | - |
Style Box
Investment / Portfolio Grades
Security Type | Weight(%) | Category Avg(%) |
---|---|---|
Government Backed | 79.54 | 74.75 |
Low Risk | 17.01 | 18.84 |
Moderate Risk | - | - |
High Risk | - | - |
Very High Risk | - | - |
Others | 3.45 | 6.10 |
Type of Holdings
Security Type | Weight(%) | Category Avg(%) |
---|---|---|
GOI | 78.09 | 63.99 |
CD | 5.78 | 2.02 |
T-Bills | - | 0.16 |
CP | - | - |
NCD & Bonds | 11.23 | 12.68 |
PTC | - | - |
Cash & Others | 4.90 | 21.10 |
Debt Holding In Portfolio
Instrument | Type | Sector | Rating | Value(Mn) | Total Holding(%) | Quantity |
---|---|---|---|---|---|---|
7.18% GOI 24/07/2037 | Long-term Debt | Sovereign | SOV | 4,578.81 | 22.24 | 4,50,38,680 |
GOI | Long-term Debt | Sovereign | SOV | 2,884.28 | 14.01 | - |
GOI | Long-term Debt | Sovereign | SOV | 1,633.93 | 7.94 | 1,59,03,570 |
GOI | Long-term Debt | Sovereign | SOV | 1,589.24 | 7.72 | - |
GOI | Long-term Debt | Sovereign | SOV | 1,453.67 | 7.06 | - |
GOI | Long-term Debt | Sovereign | SOV | 1,225.69 | 5.95 | - |
Punjab National Bank | Short-term Debt | Financial | A1+ | 1,190.13 | 5.78 | 12,500 |
GOI | Long-term Debt | Sovereign | SOV | 1,019.01 | 4.95 | - |
7.75% HDFC Bank Ltd 13/06/2033 | Long-term Debt | Financial | AAA | 754.23 | 3.66 | 7,500 |
GOI | Long-term Debt | Sovereign | SOV | 671.08 | 3.26 | - |
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Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y Kotak Bond Fund Regular-Growth 72.27 2,058.84 0.76 8.22 5.26 6.09 UTI Medium to Long Duration Fund Regular Plan-Growth 68.74 301.09 0.81 7.52 10.20 6.32 SBI Magnum Income Fund-Growth 66.26 1,781.39 0.71 7.74 5.62 7.00 ICICI Prudential Debt Management Fund (FOF)- Growth 41.92 127.28 0.70 7.93 5.99 6.73 ICICI Prudential Bond Fund-Growth 37.45 2,959.73 0.81 8.35 5.94 6.73
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Standard Deviation
Standard Deviation
Standard deviation is the deviation of the fund's return around mean.
Low Volatality
2.19VS2.40Fund Vs Category Avg
Beta
Beta
Beta shows the portfolio risk in relation to the market. A beta of less than 1 means that the fund returns are less volatile compared to the broader market. A beta of more than 1 means that the fund returns are more volatile than the broader markets. A beta equal to 1 means that fund's volatility is in line with the broader market.
High Volatality
1.24VS1.09Fund Vs Category Avg
Sharpe Ratio
Sharpe Ratio
Sharpe ratio is a risk adjusted performance measure. A fund with a higher Sharpe ratio is considered better than a fund with a lower Sharpe ratio.
Better risk-adjusted returns
-0.13VS-0.14Fund Vs Category Avg
Treynor's Ratio
Treynor's Ratio
Treynor is a risk adjusted performance measure. A fund with a higher Treynor ratio is considered better than a fund with a lower Treynor ratio.
Poor risk-adjusted returns
-0.24VS0.75Fund Vs Category Avg
Jensen's Alpha
Jensen's Alpha
Alpha shows the ability of the fund manager to outperform the market. A higher Alpha is preferred.
Poor risk-adjusted returns
-0.63VS-0.45Fund Vs Category Avg
Mean Return
Mean Return
Average return generated by the fund during a specified period.
Poor average monthly returns
5.24VS5.38Fund Vs Category Avg
Risk Ratio Chart
- Risk Ratio
- Category Average
Fund Manager
- A.B.Abhishek BisenSince Apr 200847 schemes
Mr. Bisen is a BA and MBA in Finance. Prior to joining Kotak AMC, he was working with Securities Trading Corporation Of India Ltd where he was looking at Sales & Trading of Fixed Income Products apart from doing Portfolio Advisory. His earlier assignments also include 2 years of merchant banking experience with a leading merchant banking firm.
More Kotak Mahindra Mutual Fund
Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
---|---|---|---|---|---|---|---|
Kotak Flexicap Fund Regular-Growth | 45,111.78 | 3.61 | 7.93 | 12.79 | 33.90 | 15.23 | |
Kotak Emerging Equity Fund Regular-Growth | 39,738.35 | 1.28 | 4.70 | 9.56 | 35.36 | 20.84 | |
Kotak Equity Arbitrage Fund Regular-Growth | 39,099.34 | 0.64 | 2.21 | 3.87 | 7.84 | 5.70 | |
Kotak Liquid Regular - Growth | 36,627.65 | 0.59 | 1.81 | 3.54 | 7.13 | 5.26 | |
Kotak Equity Opportunities Fund Regular-Growth | 19,092.30 | 2.89 | 9.15 | 14.11 | 38.67 | 19.79 | |
Kotak Money Market Fund Regular-Growth | 16,489.06 | 0.73 | 1.91 | 3.63 | 7.60 | 5.59 | |
Kotak Balanced Advantage Fund Regular - Growth | 15,718.68 | 1.31 | 4.04 | 7.50 | 18.85 | 10.30 | |
Kotak Bond Short Term Fund Regular-Growth | 14,738.23 | 0.73 | 2.16 | 3.48 | 7.43 | 5.05 | |
Kotak Small Cap Fund Regular-Growth | 14,196.39 | -2.62 | 0.88 | 5.22 | 33.37 | 21.50 | |
Kotak Savings Fund Regular-Growth | 12,814.17 | 0.66 | 1.75 | 3.32 | 7.04 | 5.13 |
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1. Kotak Bond Fund - Regular Plan is Open-ended Medium to Long Duration Debt scheme which belongs to Kotak Mahindra Mutual Fund House.
2. The fund was launched on Nov 25, 1999.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme aims to create a portfolio of debt instruments of different maturities so as to spread the risk across a wide maturity horizon and different kind of issuers in the debt market. The wholesale plan is targeted at big ticket investors and corporate. "
2. It is benchmarked against NIFTY Medium to Long Duration Debt Index B-III.
Asset Allocation & Portfolio Composition
1. The portfolio allocation of debt securities primarily have 2 kinds of risks: interest rate risk & credit risk. While the interest rate movements are driven by the fund's duration, credit quality of debt securities are based on the weighted average credit ratings of a fund. Generally, funds with high credit quality will have the weighted average credit rating of AA- and higher rated securities, funds with medium credit quality will hold securities having credit rating lying between A- to BBB- and funds with low credit quality will hold securities having average credit rating of less than BBB-. Credit rating is a qualitative tool that basically assesses the creditworthiness and financial soundness of a company and takes into consideration several factors including the default rate and solvency of the concerned business entity.
2. The portfolio of the fund has securities with varying levels of maturities. Duration takes into consideration the sensitivity of the average maturity of these securities with respect to the interest rate changes. The Average Maturity of Kotak Bond Fund - Regular Plan is 14.02 years and Duration is 6.5295 years. Generally, securities with high maturity are more sensitive to interest rate changes. So, an investor with a low risk appetite may look to invest in a fund with low maturity and duration vis-a-vis category levels.
3. All these parameters - average maturity, duration, interest rate changes, credit quality, credit rating, liquidity etc. need to be looked at in conjunction with each other to determine the quality of portfolio of a fund.
Tax Implications on Kotak Bond Fund Regular-Growth
Capital Gains Tax Implications:
If the investment is made after Apr 1, 2023:
1. The entire amount of gain will be added to the investor's income (irrespective of the period of investment) and will be taxed as per his/her applicable slab rate.
If the investment is made before Apr 1, 2023:
1. If units are redeemed within 3 years of investment, the whole gain will be added to the investor's income and taxed as per his/her applicable slab rate.
2. For units redeemed after 3 years of investment, gains will be taxed at a rate of 20% post-indexation benefits. Indexation is a process of recalculating the purchase price after accounting for inflation into it. The benefit of indexation lies in lowering one's capital gains which brings down the taxable income and thereby reduces taxes on it.
Dividend Tax Implications:
1. For Dividend Distribution Tax, the dividend income from this fund will get added to an investor’s income and taxed according to his/her respective tax slabs.
2. Also, for dividend income more than Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
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FAQs about Kotak Bond Fund Regular-Growth
- Is it safe to invest in Kotak Bond Fund - Regular Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the Kotak Bond Fund - Regular Plan comes under Moderate risk category.
- What is the category of Kotak Bond Fund - Regular Plan?Kotak Bond Fund - Regular Plan belongs to the Debt : Medium to Long Duration category of funds.
- How Long should I Invest in Kotak Bond Fund - Regular Plan?The suggested investment horizon of investing into Kotak Bond Fund - Regular Plan is >5 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the Kotak Bond Fund - Regular Plan?The Kotak Bond Fund - Regular Plan is managed by Abhishek Bisen (Since Apr 15, 2008).
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