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Kotak Floating Rate Fund

Kotak Floating Rate Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

6.16

as on 12 Aug 2022

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,972 today.

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NAV Performance

Kotak Floating Rate Fund performance graph for last 3 years
Performance of Kotak Floating Rate Fund for last 3 Years

Fund Information

  • ₹ 1,219.535

    as on 12 Aug 2022
  • Regular - Growth

  • -

  • ₹ 5,000

  • ₹ 9,012 Cr.

    as on 31 Dec 2021
  • 0.62%

  • 14 May 2019

  • Debt - Floater Fund

  • CRISIL 10 Year Gilt Index

  • Kotak Mahindra Mutual Fund

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Highlights of this fund

Kotak Floating Rate Fund is an Open-ended Debt Fund. The fund belongs to Floater Fund category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 14 May 2019. This fund is offered by one of the top AMC (Assets Management Company) Kotak Mahindra Mutual Fund. You can also view here all other Debt funds offered by Kotak Mahindra Mutual Fund.

Latest NAV of the fund is ₹ 1,219.535 as on 12 Aug 2022.

This fund has 3 years of track record. Since 30 Nov 2021 expense ratio of this fund is 0.62%. Ideally you shoulds compare this fund with the benchmark CRISIL 10 Year Gilt Index.

You can invest in this fund in SIP with the minimum investment of ₹ 1,000. Lumpsum invest is offered with minimum investment of ₹ 5,000.

Fund Objective

The primary objective of the Scheme is to generate income through investment primarily in floating rate debt instruments, fixed rate debt instruments swapped for floating rate returns and money market instruments.

List of Fund Managers of Kotak Floating Rate Fund

  • About Vihag Mishra

    Picture of Vihag  Mishra
  • About Deepak Agrawal

    Picture of Deepak AgrawalMr. Deepak Agrawal's career started from Kotak AMC when he joined the organisation in December 2002. He was initially in Research, Dealing and eventually moved into Fund Management from November 2006.He holds a Post Graduate Degree in Commerce from Mumbai University, and is a qualified chartered account and a company secretary. He has also cleared AIMR CFA Level I.

Riskometer : Risk associated with this fund

Investors understand that their principal will be at Moderately Low Risk

Fund Return Comparison

Fund Name 1 Week 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 0.41% 0.72% 1.29% 1.99% 3.59% 4.57% 6.49% 6.59% 7.73% 3.89% 4.03% 5.00% 6.26% 7.08%
Category Average 0.22% 0.54% 1.06% 1.27% 2.85% 4.09% 5.68% 6.25% 7.20% 2.85% 3.48% 4.53% 5.72% 6.61%
Kotak Floating Rate Fund 0.31%₹ 10,030 0.62%₹ 10,062 1.21%₹ 10,120 0.79%₹ 10,079 2.89%₹ 10,289 2.53%₹ 12,163 4.37%₹ 10,892 3.61%₹ 24,906 6.16%₹ 11,972 5.00%₹ 38,845 - - - -
Nippon India Floating Rate Fund 0.13%₹ 10,013 0.43%₹ 10,042 1.22%₹ 10,122 1.22%₹ 10,121 2.82%₹ 10,282 2.89%₹ 12,186 4.32%₹ 10,882 3.60%₹ 24,905 6.49%₹ 12,083 5.00%₹ 38,845 6.49%₹ 13,696 6.26%₹ 70,275 7.61%₹ 20,838 7.07%₹ 1,72,678
HDFC Floating Rate Debt Fund 0.26%₹ 10,025 0.64%₹ 10,063 1.12%₹ 10,112 1.45%₹ 10,144 3.22%₹ 10,322 3.24%₹ 12,209 4.57%₹ 10,934 3.86%₹ 24,969 6.04%₹ 11,930 4.91%₹ 38,792 6.59%₹ 13,765 6.03%₹ 69,872 7.73%₹ 21,078 7.08%₹ 1,72,767
Aditya Birla Sun Life Floating Rate Fund 0.14%₹ 10,014 0.44%₹ 10,043 1.29%₹ 10,128 1.99%₹ 10,198 3.59%₹ 10,359 3.89%₹ 12,250 4.29%₹ 10,875 4.03%₹ 25,014 5.84%₹ 11,862 4.85%₹ 38,754 6.55%₹ 13,739 5.97%₹ 69,762 - -
ICICI Prudential Floating Interest Fund 0.41%₹ 10,040 0.72%₹ 10,072 0.58%₹ 10,057 0.77%₹ 10,077 1.93%₹ 10,193 1.77%₹ 12,115 4.14%₹ 10,845 2.98%₹ 24,748 5.80%₹ 11,850 4.34%₹ 38,463 6.17%₹ 13,492 5.60%₹ 69,128 7.47%₹ 20,560 6.74%₹ 1,69,733
UTI Floater Fund 0.13%₹ 10,013 0.37%₹ 10,036 1.10%₹ 10,109 1.38%₹ 10,137 2.70%₹ 10,269 2.80%₹ 12,181 3.33%₹ 10,677 3.08%₹ 24,772 4.84%₹ 11,528 3.88%₹ 38,192 - - - -

Portfolio Holdings

Portfolio holdings pattern of Kotak Floating Rate Fund as on 14 Aug 2022 are listed below:

  • Equity Holdings:

    0.00%
  • Debt Holdings:

    93.70%
  • Others Holdings:

    6.30%

Top Debt Instrument Type holdings of Kotak Floating Rate Fund

Instrument TypeHolding PercentageHolding Values in Crore
NCD & Bonds 59.51% ₹ 5,017.36 Cr.
GOI 25.87% ₹ 2,180.45 Cr.
T-Bills 3.53% ₹ 297.86 Cr.
PTC 2.52% ₹ 212.80 Cr.
CD 2.27% ₹ 191.75 Cr.
Others 6.30% -

Top Debt Holdings of Kotak Floating Rate Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - Govt of India 25.87% ₹ 2,180.45 Cr.
Bond - Power Finance Corporation Ltd. 7.75% ₹ 653.03 Cr.
Bond - Housing Development Finance Corporation Ltd. 7.44% ₹ 627.13 Cr.
Bond - LIC Housing Finance Ltd. 6.01% ₹ 506.49 Cr.
Bond - Rural Electrification Corporation Limited 5.68% ₹ 478.85 Cr.
Others 47.25%

Other Holdings

Holding TypeHolding Percentage
TREPS 4.39%
Net Receivables 1.91%