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Fincash » Mutual Funds » Kotak Money Market Scheme

Kotak Money Market Scheme - G

NAV  ₹4,103.97 ↑ 1.81  (0.04 %) as on 12 Apr 24

(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% since its launch.  Ranked 19 in Money Market category.  Return for 2023 was 7.3% , 2022 was 4.9% and 2021 was 3.7% .

Below is the key information for Kotak Money Market Scheme

NAV as on 12 Apr 24₹4,103.97 ↑ 1.81  (0.04 %)
Net Assets (AUM) as on 29 Feb 2024 ₹16,489 Cr.
Launch Date14 Jul 2003
CategoryDebt - Money Market
Rating
TypeOpen Ended Fund
RiskLow
Yield To Maturity7.93%
Effective Maturity8 Months 23 Days
Modified Duration8 Months 23 Days
Alpha Ratio0.0
Expense Ratio0.27 %
Sharpe Ratio1.987
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 12 Apr 24

DurationReturns
1 Month 0.8%
3 Month 2.1%
6 Month 3.9%
1 Year 7.6%
3 Year 5.7%
5 Year 5.9%
10 Year
15 Year
Since launch 7%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
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

DateValue
31 Mar 19₹10,000
31 Mar 20₹10,726
31 Mar 21₹11,268
31 Mar 22₹11,702
31 Mar 23₹12,361
31 Mar 24₹13,295
Kotak Money Market Scheme Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash63.07%
Debt36.69%
Other0.24%
Kotak Money Market Scheme Asset Allocation

Sector Allocation

SectorValue
Corporate51.71%
Cash Equivalent28.48%
Government19.57%
RatingValue
AAA100%
Kotak Money Market Scheme Debt Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
Union Bank of India
Domestic Bonds | -
3%₹466 Cr50,000
HDFC Bank Ltd.
Debentures | -
3%₹464 Cr50,000
↑ 50,000
182 DTB 22082024
Sovereign Bonds | -
3%₹437 Cr45,000,000
India (Republic of)
- | -
2%₹376 Cr40,000,000
Indusind Bank Ltd.
Debentures | -
2%₹375 Cr40,000
ICICI Bank Ltd.
Debentures | -
2%₹375 Cr40,000
India (Republic of)
- | -
2%₹290 Cr29,999,990
↑ 29,999,990
05.80 MH Sdl 2025
Sovereign Bonds | -
1%₹247 Cr25,000,000
↑ 25,000,000
182 DTB 29082024
Sovereign Bonds | -
1%₹242 Cr25,000,000
Indusind Bank Ltd.
Debentures | -
1%₹233 Cr25,000
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Fund Managers

NameSinceTenure
Deepak Agrawal1 Nov 0617.43 Yr.
Manu Sharma1 Nov 221.42 Yr.
Palha Khanna3 Jul 230.75 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 Services Ltd
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
₹4,103.97
↑ 1.81
3.88 %7.56 %5.75 %5.88 %
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
₹1,058.83
↑ 0.47
3.94 %7.62 %5.77 %5.21 %
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
₹1,058.83
↑ 0.47
3.94 %7.62 %5.77 %5.21 %
Data as on 12 Apr 24

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