(Erstwhile Kotak Floater Short Term Fund) Table of Contents To reduce the interest rate risk associated with investments in fixed rate instruments by investing predominantly in floating rate securities, money market instruments and using appropriate derivatives. Kotak Money Market Scheme is a Debt - Money Market fund launched on 14 Jul 03. It is a fund with Low risk and has given a Below is the key information for Kotak Money Market Scheme Returns up to 1 year are on Historical performance (Yearly) on absolute basis Kotak Money Market Scheme - G
Scheme Objective
CAGR
return of 7% since its launch. Ranked 19 in Money Market
category. Return for 2023 was 7.3% , 2022 was 4.9% and 2021 was 3.7% . NAV as on 20 Sep 24 ₹4,232.86 ↑ 0.89 (0.02 %) Net Assets (AUM) as on 31 Aug 2024 ₹28,235 Cr. Launch Date 14 Jul 2003 Category Debt - Money Market Rating ☆☆☆☆ Type Open Ended Fund Risk Low Yield To Maturity 7.53% Effective Maturity 5 Months 5 Days Modified Duration 5 Months 5 Days Alpha Ratio 0.0 Expense Ratio 0.35 % Sharpe Ratio 1.925 Information Ratio 0.0 Benchmark Not Available ISIN INF174K01NA6 AMC Kotak Mahindra Asset Management Co Ltd Min Investment ₹5,000 Min SIP Investment ₹1,000 Exit Load NIL NAV Price Chart
Returns
Annual Compounded Returns
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 20 Sep 24 Duration Returns 1 Month 0.6% 3 Month 1.8% 6 Month 3.8% 1 Year 7.6% 3 Year 6.3% 5 Year 5.8% 10 Year 15 Year Since launch 7% Historical Annual Returns
Year Returns 2023 7.3% 2022 4.9% 2021 3.7% 2020 5.7% 2019 8% 2018 7.7% 2017 6.7% 2016 7.7% 2015 8.4% Growth of 10k Over Years
Date Value 31 Aug 19 ₹10,000 31 Aug 20 ₹10,650 31 Aug 21 ₹11,067 31 Aug 22 ₹11,511 31 Aug 23 ₹12,316 31 Aug 24 ₹13,244 Asset Allocation
Asset Class Value Cash 80.38% Debt 19.42% Other 0.2% Sector Allocation
Sector Value Corporate 58.15% Cash Equivalent 32.21% Government 9.44% Rating Value AAA 100% Top Securities Holdings / Portfolio
Holdings/Securities
Name Global Industry Holding Value Quantity 7.03% Govt Stock 2024
Sovereign Bonds | -2% ₹675 Cr 67,500,000 India (Republic of)
- | -2% ₹590 Cr 58,999,990 91 DTB 31102024
Sovereign Bonds | -2% ₹495 Cr 50,000,000 182 DTB 06022025
Sovereign Bonds | -2% ₹486 Cr 50,000,000 Union Bank of India
Domestic Bonds | -2% ₹482 Cr 50,000 India (Republic of)
- | -1% ₹389 Cr 40,000,000 Indusind Bank Ltd.
Debentures | -1% ₹388 Cr 40,000 ICICI Bank Ltd.
Debentures | -1% ₹388 Cr 40,000 Axis Bank Ltd.
Debentures | -1% ₹388 Cr 40,000 05.80 MH Sdl 2025
Sovereign Bonds | -1% ₹249 Cr 25,000,000
Talk to our investment specialistFund Managers
Name Since Tenure Deepak Agrawal 1 Nov 06 17.85 Yr. Manu Sharma 1 Nov 22 1.84 Yr. Custodians
Company Address Deutsche Bank AG Deutsche Bank AG,Kodak House, 22, D.N. Road, Standard Chartered Bank Standard Chartered Bank,1095 Avenue of the Americas,New York, NY 10036,USA Registrar & Transfer Agent
Computer Age Management Services Ltd Address New No.10, Old No.178,,Kodambakkam High Road,,Opp. Hotel Palmgrove,,Nungambakkam FAX 91-44-28283610 Email enq_L@camsonline.com Administrator Companies
Company Address Kotak Mahindra Mutual Fund 27 BKC, C-27, G Block, Bandra Kurla Complex, Bandra (E),Mumbai - 400 051 Auditors
Company Address S. R. BATLIBOI & Co Express Tower, 6th Floor,Nariman Point,Mumbai M/s. Price Waterhouse India,252, Veer Savarkar Marg,,Next to Mayor's Bungalow, Shivaji Park,,Dadar, All Plan & Options
Fund and Plan NAV 6 Month 1 Year 3 Year 5 Year Kotak Money Market Scheme
Growth ₹4,232.86
↑ 0.89 3.78 % 7.6 % 6.25 % 5.79 % Kotak Money Market Scheme
Daily Dividend, Reinvestment ₹1,040.86
↑ 0.09 1.99 % 3.88 % 4.93 % 4.93 % Kotak Money Market Scheme
Monthly Dividend, Reinvestment ₹1,052.33
↑ 0.22 3.17 % 6.96 % 6.04 % 5.48 % Kotak Money Market Scheme
Weekly Dividend, Reinvestment ₹1,030.93
↑ 0.09 1.99 % 3.88 % 5.03 % 4.96 % Kotak Money Market Scheme
Monthly Dividend, Payout ₹1,052.33
↑ 0.22 3.17 % 6.96 % 6.04 % 5.48 % Data as on 20 Sep 24