Kotak Nifty AAA Bond Jun 2025 HTM Index Fund Direc...
NAV as of Aug 29, 2024
10.310.02%
(Earn upto 0.15% Extra Returns with Direct Plan)
Fund Category:
Debt: Target Maturity
Expense Ratio:
0.15%(0.18% Category
average)Fund Size:
Rs. 23.61 Cr(0.02% of Investment in Category)
- Invest in MFADD TO PORTFOLIO
Kotak Nifty AAA Bond Jun 2025 HTM Index Fund Direct - ID...
NAV as of Aug 29, 2024
10.310.02%
Expense Ratio:
0.15%
Fund Size:
Rs. 23.61 Cr
Fund Category:
Debt: Target Maturity
1. Current NAV: The Current Net Asset Value of the Kotak Nifty AAA Bond Jun 2025 HTM Index Fund - Direct Plan as of Aug 29, 2024 is Rs 10.31 for IDCW option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: 3.13% (since launch). Whereas, Category returns for the same time duration are: 8.16% (1yr), 5.62% (3yr) and 0.0% (5yr).
3. Fund Size: The Kotak Nifty AAA Bond Jun 2025 HTM Index Fund - Direct Plan currently holds Assets under Management worth of Rs 23.61 crore as on Jul 31, 2024.
4. Expense ratio: The expense ratio of the fund is 0.15% for Direct 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 Nifty AAA Bond Jun 2025 HTM Index Fund Direct - IDCW Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 0.57 1.87 - - - - Category Avg 0.75 2.40 4.22 8.09 5.62 - Rank within Category 89 88 - - - - No. of funds within Category 100 99 97 95 12 - - Loading...
- Loading...
Return Comparison
- This Fund
- BenchmarkAditya Birla SL Nifty SDL Plus PSU Bond Sep 2026 60:40 Index Direct-IDCW
Choose from Benchmarks
- S&P BSE Sensex
- Nifty 50
- 1M
- 3M
- 6M
- 1Y
- 5Y
Kotak Nifty AAA Bond Jun 2025 HTM Index Fund Direct - IDCW Fund Details
Investment Objective - The scheme seeks to generate returns that are commensurate (before fees and expenses) with the performance of Nifty AAA Bond Jun 2025 HTM Index, which seeks to track the performance of AAA rated bond issued by Public Sector Undertakings (PSUs), Housing Finance Companies (HFCs), Non-Banking Financial Companies (NBFCs) and Banks maturing near target date of the index, subject to tracking errors.
Fund House | Kotak Mahindra Mutual Fund |
Launch Date | Mar 28, 2024 |
Benchmark | Nifty AAA Bond Jun 2025 HTM Index |
Return Since Launch | 3.15% |
Riskometer | Low to Moderate |
Type | Open-ended |
Risk Grade | - |
Return Grade | - |
Kotak Nifty AAA Bond Jun 2025 HTM Index Fund Direct - IDCW Investment Details
Minimum Investment (Rs.) | 100.00 |
Minimum Additional Investment (Rs.) | 100.00 |
Minimum SIP Investment (Rs.) | 100.00 |
Minimum Withdrawal (Rs.) | 100.00 |
Exit Load | 0% |
Portfolio Allocation
Portfolio Aggregates
Fund | 1Y High | 1Y Low | Category | |
---|---|---|---|---|
Modified Duration(Yrs) | 0.72 | 7.99 | 0.56 | 3.1761 |
Average Maturity(Yrs) | 0.78 | 12.92 | 0.61 | 4.0428 |
Yield to Maturity(%) | 7.57 | 7.8554 | 6.5821 | 7.1673 |
Avg Credit Rating | Low | - | - | - |
Style Box
Investment / Portfolio Grades
Security Type | Weight(%) | Category Avg(%) |
---|---|---|
Government Backed | - | 80.27 |
Low Risk | 95.97 | 16.40 |
Moderate Risk | - | - |
High Risk | - | - |
Very High Risk | - | - |
Others | 4.03 | 3.33 |
Type of Holdings
Security Type | Weight(%) | Category Avg(%) |
---|---|---|
GOI | - | 35.61 |
CD | - | - |
T-Bills | - | 0.00 |
CP | - | - |
NCD & Bonds | 95.97 | 9.93 |
PTC | - | - |
Cash & Others | 4.03 | 54.45 |
Debt Holding In Portfolio
Instrument | Type | Sector | Rating | Value(Mn) | Total Holding(%) | Quantity |
---|---|---|---|---|---|---|
5.62% Export-Import Bank Of India 20/06/2025 | Long-term Debt | Financial | AAA | 35.43 | 15.01 | 36 |
6.88% REC Ltd 20/03/2025 | Long-term Debt | Financial | AAA | 27.87 | 11.81 | 28 |
7.15% Small Industries Devp Bank of India Ltd 02/06/2025 | Long-term Debt | Financial | AAA | 26.88 | 11.39 | 27 |
6.39% Indian Oil Corporation Ltd 06/03/2025 | Long-term Debt | Energy | AAA | 26.81 | 11.36 | 27 |
HDB Financial Services Ltd | Long-term Debt | Financial | AAA | 26.54 | 11.24 | 27 |
8.75% Power Finance Corporation Ltd 15/06/2025 | Long-term Debt | Financial | AAA | 26.23 | 11.11 | 26 |
7.52% NHPC Ltd 06/06/2025 | Long-term Debt | Energy | AAA | 26.00 | 11.02 | 26 |
6.25% LIC Housing Finance Ltd 20/06/2025 | Long-term Debt | Financial | AAA | 17.78 | 7.53 | 18 |
Mahindra & Mahindra Financial Services Ltd | Long-term Debt | Financial | AAA | 12.99 | 5.50 | 130 |
![Discover Mutual Funds](/https/economictimes.indiatimes.com/photo/msid-100097201,quality-100/discover-mf.jpg)
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 Nifty AAA Bond Jun 2025 HTM Index Fund Direct - IDCW 10.31 Unrated 23.61 0.53 - - - Axis CRISIL IBX 50:50 Gilt Plus SDL September 2027 Index Fund Direct-IDCW 11.29 Unrated 32.95 0.73 8.20 - - Edelweiss NIFTY PSU Bond Plus SDL Apr 2027 50:50 Index Direct - IDCW 11.65 Unrated 3,277.43 0.64 7.90 - - Aditya Birla Sun Life CRISIL IBX Gilt June 2027 Index Fund Direct - IDCW 10.23 Unrated 19.63 0.72 - - - Aditya Birla Sun Life Nifty SDL Sep 2025 Index Fund Direct-IDCW 11.49 Unrated 75.81 0.61 7.52 - -
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Risk Ratio data not available for this fund
Fund Manager
- A.B.Abhishek BisenSince Mar 202433 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 Equity Arbitrage Fund Direct-Growth | 46,307.74 | 0.72 | 2.21 | 4.58 | 8.74 | 6.56 | |
Kotak Emerging Equity Fund Direct-Growth | 45,017.71 | 10.40 | 27.24 | 28.06 | 53.45 | 27.58 | |
Kotak Liquid Direct - Growth | 31,894.31 | 0.62 | 1.87 | 3.76 | 7.35 | 5.77 | |
Kotak Equity Opportunities Fund Direct-Growth | 22,329.12 | 6.76 | 20.03 | 26.60 | 48.80 | 25.47 | |
Kotak Money Market Fund Direct-Growth | 20,244.60 | 0.64 | 1.95 | 3.96 | 7.56 | 6.05 | |
Kotak Balanced Advantage Fund Direct - Growth | 15,830.08 | 3.61 | 7.82 | 10.86 | 21.43 | 12.95 | |
Kotak Small Cap Fund Direct-Growth | 15,282.62 | 8.97 | 24.94 | 21.90 | 46.11 | 25.65 | |
Kotak Bond Short Term Fund Direct-Growth | 14,949.40 | 0.74 | 1.99 | 4.05 | 7.48 | 5.86 | |
Kotak Savings Fund Direct-Growth | 12,840.69 | 0.64 | 1.93 | 3.87 | 7.40 | 5.94 | |
Kotak Corporate Bond Fund Direct-Growth | 12,541.10 | 0.70 | 1.97 | 4.05 | 7.45 | 5.87 |
Mutual Fund Tools
Top AMCs
- SBI Mutual Fund
- ICICI Prudential Mutual Fund
- HDFC Mutual Fund
- Nippon India Mutual Fund
- Kotak Mahindra Mutual Fund
- Aditya Birla Sun Life Mutual Fund
- UTI Mutual Fund
- Axis Mutual Fund
- Mirae Asset Mutual Fund
- Edelweiss Mutual Fund
- DSP Mutual Fund
- Tata Mutual Fund
- Bandhan Mutual Fund
- HSBC Mutual Fund
- Franklin Templeton Mutual Fund
1. Kotak Nifty AAA Bond Jun 2025 HTM Index Fund - Direct Plan is Open-ended Target Maturity Debt scheme which belongs to Kotak Mahindra Mutual Fund House.
2. The fund was launched on Mar 28, 2024.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to generate returns that are commensurate (before fees and expenses) with the performance of Nifty AAA Bond Jun 2025 HTM Index, which seeks to track the performance of AAA rated bond issued by Public Sector Undertakings (PSUs), Housing Finance Companies (HFCs), Non-Banking Financial Companies (NBFCs) and Banks maturing near target date of the index, subject to tracking errors. "
2. It is benchmarked against Nifty AAA Bond Jun 2025 HTM Index.
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 Nifty AAA Bond Jun 2025 HTM Index Fund - Direct Plan is 0.78 years and Duration is 0.7172 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 Nifty AAA Bond Jun 2025 HTM Index Fund Direct - IDCW
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.
This Might Catch Your Interest
FAQs about Kotak Nifty AAA Bond Jun 2025 HTM Index Fund Direct - IDCW
- Is it safe to invest in Kotak Nifty AAA Bond Jun 2025 HTM Index Fund - Direct Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the Kotak Nifty AAA Bond Jun 2025 HTM Index Fund - Direct Plan comes under Low to Moderate risk category.
- What is the category of Kotak Nifty AAA Bond Jun 2025 HTM Index Fund - Direct Plan?Kotak Nifty AAA Bond Jun 2025 HTM Index Fund - Direct Plan belongs to the Debt : Target Maturity category of funds.
- How Long should I Invest in Kotak Nifty AAA Bond Jun 2025 HTM Index Fund - Direct Plan?The suggested investment horizon of investing into Kotak Nifty AAA Bond Jun 2025 HTM Index Fund - Direct Plan is null. 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 Nifty AAA Bond Jun 2025 HTM Index Fund - Direct Plan?The Kotak Nifty AAA Bond Jun 2025 HTM Index Fund - Direct Plan is managed by Abhishek Bisen (Since Mar 15, 2024).
Date Sources: Mutual Funds, ETFs, and NPS data are sourced from Value Research. All times stamps are reflecting IST (Indian Standard Time). By using this site, you agree to the Terms of Service and Privacy Policy.