(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 26 Jul 24 ₹4,188.26 ↑ 0.83 (0.02 %) Net Assets (AUM) as on 30 Jun 2024 ₹21,765 Cr. Launch Date 14 Jul 2003 Category Debt - Money Market Rating ☆☆☆☆ Type Open Ended Fund Risk Low Yield To Maturity 7.63% Effective Maturity 6 Months 29 Days Modified Duration 6 Months 29 Days Alpha Ratio 0.0 Expense Ratio 0.27 % Sharpe Ratio 1.563 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 26 Jul 24 Duration Returns 1 Month 0.6% 3 Month 1.8% 6 Month 3.9% 1 Year 7.5% 3 Year 6.1% 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 30 Jun 19 ₹10,000 30 Jun 20 ₹10,736 30 Jun 21 ₹11,160 30 Jun 22 ₹11,587 30 Jun 23 ₹12,365 30 Jun 24 ₹13,286 Asset Allocation
Asset Class Value Cash 76.43% Debt 23.38% Other 0.19% Sector Allocation
Sector Value Corporate 56.71% Cash Equivalent 30.33% Government 12.78% Rating Value AAA 100% Top Securities Holdings / Portfolio
Holdings/Securities
Name Global Industry Holding Value Quantity India (Republic of)
- | -4% ₹889 Cr 89,999,990 7.03% Govt Stock 2024
Sovereign Bonds | -3% ₹575 Cr 57,500,000 Union Bank of India
Domestic Bonds | -2% ₹476 Cr 50,000 India (Republic of)
- | -2% ₹384 Cr 40,000,000 Indusind Bank Ltd.
Debentures | -2% ₹384 Cr 40,000 ICICI Bank Ltd.
Debentures | -2% ₹383 Cr 40,000 Axis Bank Ltd.
Debentures | -2% ₹383 Cr 40,000 05.80 MH Sdl 2025
Sovereign Bonds | -1% ₹248 Cr 25,000,000 182 DTB 29082024
Sovereign Bonds | -1% ₹247 Cr 25,000,000 Indusind Bank Ltd.
Debentures | -1% ₹238 Cr 25,000
Talk to our investment specialistFund Managers
Name Since Tenure Deepak Agrawal 1 Nov 06 17.68 Yr. Manu Sharma 1 Nov 22 1.67 Yr. Palha Khanna 3 Jul 23 1 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 ₹4,188.26
↑ 0.83 3.92 % 7.52 % 6.08 % 5.82 % 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 ₹1,053.5
↑ 0.21 3.26 % 6.82 % 5.85 % 5.43 % 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 ₹1,053.5
↑ 0.21 3.26 % 6.82 % 5.85 % 5.43 % Data as on 26 Jul 24