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Fincash » Mutual Funds » Kotak Money Market Scheme

Kotak Money Market Scheme - G

NAV  ₹3,794.64 ↑ 0.33  (0.01 %) as on 24 Mar 23

(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 2022 was 4.9% , 2021 was 3.7% and 2020 was 5.7% .

Below is the key information for Kotak Money Market Scheme

NAV as on 24 Mar 23₹3,794.64 ↑ 0.33  (0.01 %)
Net Assets (AUM) as on 28 Feb 2023 ₹14,248 Cr.
Launch Date14 Jul 2003
CategoryDebt - Money Market
Rating
TypeOpen Ended Fund
RiskLow
Yield To Maturity7.68%
Effective Maturity5 Months 16 Days
Modified Duration5 Months 16 Days
Alpha Ratio0.0
Expense Ratio0.26 %
Sharpe Ratio-0.513
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 24 Mar 23

DurationReturns
1 Month 0.6%
3 Month 1.7%
6 Month 3.3%
1 Year 5.5%
3 Year 5.1%
5 Year 6%
10 Year
15 Year
Since launch 7%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2022 4.9%
2021 3.7%
2020 5.7%
2019 8%
2018 7.7%
2017 6.7%
2016 7.7%
2015 8.4%
2014 9.1%

Growth of 10k Over Years

DateValue
28 Feb 18₹10,000
28 Feb 19₹10,798
29 Feb 20₹11,619
28 Feb 21₹12,221
28 Feb 22₹12,690
28 Feb 23₹13,358
Kotak Money Market Scheme Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash83.69%
Debt16.31%
Kotak Money Market Scheme Asset Allocation

Sector Allocation

SectorValue
Cash Equivalent44.21%
Corporate28.6%
Government27.19%
RatingValue
AAA100%
Kotak Money Market Scheme Debt Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
182 DTB 09032023
Sovereign Bonds | -
5%₹737 Cr74,000,000
↓ -2,000,000
182 DTB 22062023
Sovereign Bonds | -
4%₹635 Cr65,000,000
182 DTB 01062023
Sovereign Bonds | -
3%₹490 Cr50,000,000
182 DTB 15062023
Sovereign Bonds | -
2%₹342 Cr35,000,000
182 DTB 16032023
Sovereign Bonds | -
2%₹338 Cr34,000,000
↓ -11,000,000
Federal Bank
Debentures | -
2%₹232 Cr25,000
↑ 25,000
Indian Bank
Domestic Bonds | -
1%₹186 Cr20,000
↑ 20,000
Union Bank of India
Domestic Bonds | -
1%₹163 Cr17,500
↑ 17,500
364 Dtb 01062023
Sovereign Bonds | -
1%₹103 Cr10,500,000
↑ 10,500,000
7.16 5/20/2023 12:00:00 Am
Sovereign Bonds | -
0%₹50 Cr5,000,000
1 - 10 of 92
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Fund Managers

NameSinceTenure
Deepak Agrawal11 Jul 0715.57 Yr.
Vihag Mishra30 Apr 220.76 Yr.
Manu Sharma1 Nov 220.25 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
₹3,794.64
↑ 0.33
3.31 %5.52 %5.14 %5.98 %
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
↑ 0.09
3.31 %5.52 %5.14 %4.98 %
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
↑ 0.09
3.31 %5.52 %5.14 %4.98 %
Data as on 24 Mar 23

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