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Fincash » Mutual Funds » Kotak Money Market Scheme

Kotak Money Market Scheme - G

NAV  ₹3,267.17 ↓ 0.51   (0.02 %) as on 28 Jan 20

(Erstwhile Kotak Floater Short Term Fund)

Scheme Objective

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 CAGR return of 7.4% since its launch.  Ranked 19 in Money Market category.  Return for 2019 was 8% , 2018 was 7.7% and 2017 was 6.7% .

Below is the key information for Kotak Money Market Scheme

NAV as on 28 Jan 20₹3,267.17 ↓ 0.51   (0.02 %)
Net Assets (AUM) as on 31 Dec 2019 ₹8,899 Cr.
Launch Date14 Jul 2003
CategoryDebt - Money Market
Rating
TypeOpen Ended Fund
RiskLow
Yield To Maturity5.84%
Effective Maturity4 Months 24 Days
Modified Duration4 Months 24 Days
Alpha Ratio0.0
Expense Ratio0.2 %
Sharpe Ratio9.16
Information Ratio0.0
BenchmarkNot Available
ISININF174K01NA6
AMCKotak Mahindra Asset Management Co Ltd
Min Investment ₹5,000
Min SIP Investment ₹1,000
Exit Load NIL

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 28 Jan 20

DurationReturns
1 Month 0.5%
3 Month 1.5%
6 Month 3.5%
1 Year 7.8%
3 Year 7.5%
5 Year 7.7%
10 Year
15 Year
Since launch 7.4%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2018 8%
2017 7.7%
2016 6.7%
2015 7.7%
2014 8.4%
2013 9.1%
2012 9.3%
2011 9.8%
2010 9.1%

Growth of 10k Over Years

DateValue
31 Dec 14₹10,000
31 Dec 15₹10,845
31 Dec 16₹11,678
31 Dec 17₹12,460
31 Dec 18₹13,418
31 Dec 19₹14,494
Kotak Money Market Scheme Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash100%
Kotak Money Market Scheme Asset Allocation

Sector Allocation

SectorValue
Corporate55.72%
Cash Equivalent37.14%
Government7.14%
Kotak Money Market Scheme Debt Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
182 DTB 19032020
Sovereign Bonds | -
9%₹805 Cr81,403,100
↑ 81,403,100
IndusInd Bank Limited
Certificate of Deposit | -
6%₹559 Cr57,500
↓ -5,000
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT
Commercial Paper | -
5%₹463 Cr9,500
182 DTB 12032020
Sovereign Bonds | -
5%₹446 Cr45,000,000
↑ 45,000,000
BANK OF BARODA
Certificate of Deposit | -
4%₹391 Cr40,000
↑ 15,000
Axis Bank Limited
Certificate of Deposit | -
4%₹391 Cr40,000
↑ 40,000
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA
Certificate of Deposit | -
4%₹389 Cr40,000
Small Industries Development Bank Of India
Certificate of Deposit | -
4%₹388 Cr40,000
HDB FINANCIAL SERVICES LIMITED
Commercial Paper | -
4%₹386 Cr8,000
↑ 2,000
Steel Authority Of India Limited
Commercial Paper | -
4%₹373 Cr7,500
↓ -30,000
1 - 10 of 53
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Fund Managers

NameSinceTenure
Deepak Agrawal11 Jul 0712.4 Yr.

Custodians

CompanyAddress
Deutsche Bank AGDeutsche Bank AG,Kodak House, 22, D.N. Road,
Standard Chartered BankStandard Chartered Bank,1095 Avenue of the Americas,New York, NY 10036,USA

Registrar & Transfer Agent

Computer Age Management Svcs
AddressNew No.10, Old No.178,,Kodambakkam High Road,,Opp. Hotel Palmgrove,,Nungambakkam
FAX91-44-28283610
Emailenq_L@camsonline.com

Administrator Companies

CompanyAddress
Kotak Mahindra Mutual Fund27 BKC, C-27, G Block, Bandra Kurla Complex, Bandra (E),Mumbai - 400 051

Auditors

CompanyAddress
S. R. BATLIBOI & CoExpress Tower, 6th Floor,Nariman Point,Mumbai
M/s. Price WaterhouseIndia,252, Veer Savarkar Marg,,Next to Mayor's Bungalow, Shivaji Park,,Dadar,

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
Kotak Money Market Scheme
Growth
₹3,267.17
↑ 0.51
3.52 %7.8 %7.45 %7.67 %
Kotak Money Market Scheme
Daily Dividend, Reinvestment
₹1,011.62
2.02 %4.98 %5.1 %5.31 %
Kotak Money Market Scheme
Monthly Dividend, Reinvestment
₹1,011.46
↑ 0.16
2.55 %4.89 %5.12 %5.35 %
Kotak Money Market Scheme
Weekly Dividend, Reinvestment
₹1,012.12
↓ -0.97
2.21 %5.13 %5.15 %5.33 %
Kotak Money Market Scheme
Monthly Dividend, Payout
₹1,011.46
↑ 0.16
2.55 %4.89 %5.12 %5.35 %
Data as on 28 Jan 20

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.