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Fincash » Mutual Funds » Kotak Money Market Scheme

Kotak Money Market Scheme - G

NAV  ₹3,242.2 ↓ 1.37   (0.04 %) as on 9 Dec 19

(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 2018 was 7.7% , 2017 was 6.7% and 2016 was 7.7% .

Below is the key information for Kotak Money Market Scheme

NAV as on 9 Dec 19₹3,242.2 ↓ 1.37   (0.04 %)
Net Assets (AUM) as on 31 Oct 2019 ₹9,027 Cr.
Launch Date14 Jul 2003
CategoryDebt - Money Market
Rating
TypeOpen Ended Fund
RiskLow
Yield To Maturity5.68%
Effective Maturity4 Months 24 Days
Modified Duration4 Months 24 Days
Alpha Ratio0.0
Expense Ratio0.2 %
Sharpe Ratio10.377
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 9 Dec 19

DurationReturns
1 Month 0.5%
3 Month 1.7%
6 Month 3.8%
1 Year 8.3%
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 7.7%
2017 6.7%
2016 7.7%
2015 8.4%
2014 9.1%
2013 9.3%
2012 9.8%
2011 9.1%
2010 5.2%

Growth of 10k Over Years

DateValue
30 Nov 14₹10,000
30 Nov 15₹10,852
30 Nov 16₹11,700
30 Nov 17₹12,482
30 Nov 18₹13,409
30 Nov 19₹14,538
Kotak Money Market Scheme Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash100%
Kotak Money Market Scheme Asset Allocation

Sector Allocation

SectorValue
Cash Equivalent46.88%
Corporate42.88%
Government10.24%
Kotak Money Market Scheme Debt Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
Power Finance Corporation Ltd.
Commercial Paper | -
9%₹810 Cr16,500
91 DTB09012020
Sovereign Bonds | -
6%₹520 Cr52,500,000
↑ 52,500,000
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT
Commercial Paper | -
5%₹459 Cr9,500
↑ 5,500
HOUSING DEVELOPMENT FINANCE CORPORATION LIMITED
Commercial Paper | -
4%₹404 Cr8,500
182 DTB 19122019
Sovereign Bonds | -
4%₹397 Cr40,000,000
↑ 40,000,000
8.19% Govt Stock 2020
Sovereign Bonds | -
4%₹397 Cr39,500,000
↑ 39,500,000
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA
Certificate of Deposit | -
4%₹386 Cr40,000
Small Industries Development Bank Of India
Certificate of Deposit | -
4%₹385 Cr40,000
LARSEN AND TOUBRO LIMITED
Commercial Paper | -
4%₹369 Cr7,500
↓ -2,500
HDB FINANCIAL SERVICES LIMITED
Commercial Paper | -
3%₹286 Cr6,000
1 - 10 of 58
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Fund Managers

NameSinceTenure
Deepak Agrawal11 Jul 0712.32 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
₹3,242.2
↑ 1.37
3.81 %8.31 %7.49 %7.75 %
Kotak Money Market Scheme
Daily Dividend, Reinvestment
₹1,011.62
↑ 0.22
2.16 %5.36 %5.11 %5.32 %
Kotak Money Market Scheme
Monthly Dividend, Reinvestment
₹1,013.7
↑ 0.43
2.04 %5.29 %5.16 %5.41 %
Kotak Money Market Scheme
Weekly Dividend, Reinvestment
₹1,012.48
↑ 0.43
2.43 %5.59 %5.21 %5.39 %
Kotak Money Market Scheme
Monthly Dividend, Payout
₹1,013.7
↑ 0.43
2.04 %5.29 %5.16 %5.41 %
Data as on 9 Dec 19

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