Fund Performance
Lumpsum
SIP
4.71
as on 28 Nov 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,480 today.
NAV Performance
Fund Information
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₹ 38.336
as on 28 Nov 2023 -
Regular - Growth
-
5 / 25
-
₹ 5,000
-
₹ 9,660 Cr.
as on 31 May 2023 -
0.81%
-
13 Aug 2004
-
CRISIL 10 Year Gilt Index
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Kotak Mahindra Mutual Fund
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Highlights of this fund
Kotak Savings Fund is an Open-ended Debt Fund. The fund belongs to Ultra Short Duration 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 13 Aug 2004. 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 ₹ 38.336 as on 28 Nov 2023.
This fund has 19 years of track record. Since 31 Mar 2023 expense ratio of this fund is 0.81%. 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
To generate returns through investments in debt and money market instruments with a view to reduce the interest rate risk.
List of Fund Managers of Kotak Savings Fund
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About Vihag Mishra
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About Manu Sharma
Mr. Sharma has done M.Com and CA. He has over 17 years of experience in fields of Fixed Income Fund Management, Operations, Finance Audit and Taxation.
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About Deepak Agrawal
Mr. 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 Moderate 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 | 0.20% | 0.62% | 4.53% | 6.41% | 7.25% | 5.91% | 6.28% | 6.81% | 7.79% | 7.20% | 6.67% | 6.14% | 5.84% | 6.69% |
| Category Average | 0.15% | 0.51% | 1.58% | 3.10% | 6.06% | 4.99% | 4.72% | 5.55% | 6.70% | 6.66% | 6.09% | 5.48% | 5.27% | 5.89% |
| Kotak Savings Fund | 0.16%₹ 10,016 | 0.53%₹ 10,053 | 1.57%₹ 10,156 | 3.27%₹ 10,327 | 6.83%₹ 10,682 | 6.77%₹ 12,436 | 5.48%₹ 11,128 | 6.21%₹ 25,571 | 4.71%₹ 11,480 | 5.53%₹ 39,156 | 5.67%₹ 13,176 | 5.29%₹ 68,591 | 6.86%₹ 19,414 | 6.11%₹ 1,64,243 |
| HDFC Ultra Short Term Fund | 0.19%₹ 10,018 | 0.57%₹ 10,057 | 1.63%₹ 10,163 | 3.37%₹ 10,336 | 6.93%₹ 10,693 | 6.92%₹ 12,446 | 5.55%₹ 11,143 | 6.32%₹ 25,600 | 4.87%₹ 11,535 | 5.64%₹ 39,225 | 5.87%₹ 13,302 | 5.48%₹ 68,919 | - | - |
| ICICI Prudential Ultra Short Term Fund | 0.19%₹ 10,018 | 0.57%₹ 10,057 | 1.63%₹ 10,162 | 3.36%₹ 10,335 | 6.93%₹ 10,693 | 6.91%₹ 12,445 | 5.60%₹ 11,153 | 6.33%₹ 25,602 | 5.05%₹ 11,595 | 5.72%₹ 39,268 | 6.13%₹ 13,467 | 5.67%₹ 69,244 | 7.79%₹ 21,178 | 6.67%₹ 1,69,105 |
| Aditya Birla Sun Life Savings Fund | 0.19%₹ 10,018 | 0.60%₹ 10,060 | 1.68%₹ 10,167 | 3.50%₹ 10,349 | 7.17%₹ 10,716 | 7.17%₹ 12,462 | 5.80%₹ 11,197 | 6.56%₹ 25,660 | 5.17%₹ 11,633 | 5.91%₹ 39,384 | 6.31%₹ 13,580 | 5.84%₹ 69,547 | 7.40%₹ 20,429 | 6.69%₹ 1,69,282 |
| SBI Magnum Ultra Short Duration Fund | 0.18%₹ 10,017 | 0.60%₹ 10,060 | 1.67%₹ 10,166 | 3.37%₹ 10,337 | 7.00%₹ 10,699 | 6.96%₹ 12,448 | 5.54%₹ 11,141 | 6.34%₹ 25,603 | 4.81%₹ 11,514 | 5.63%₹ 39,218 | 5.76%₹ 13,235 | 5.39%₹ 68,758 | 6.82%₹ 19,353 | 6.18%₹ 1,64,804 |
| Axis Ultra Short Term Fund | 0.18%₹ 10,017 | 0.55%₹ 10,055 | 1.53%₹ 10,153 | 3.14%₹ 10,314 | 6.54%₹ 10,653 | 6.50%₹ 12,418 | 5.18%₹ 11,066 | 5.92%₹ 25,498 | 4.50%₹ 11,412 | 5.26%₹ 38,998 | 5.38%₹ 12,997 | 5.02%₹ 68,127 | - | - |
Portfolio Holdings
Top Debt Instrument Type holdings of Kotak Savings Fund
| Instrument Type | Holding Percentage | Holding Values in Crore |
|---|---|---|
| CD | 41.27% | ₹ 5,384.24 Cr. |
| NCD & Bonds | 20.16% | ₹ 2,629.28 Cr. |
| CP | 16.66% | ₹ 2,175.34 Cr. |
| T-Bills | 16.28% | ₹ 2,125.77 Cr. |
| GOI | 2.98% | ₹ 388.91 Cr. |
| Others | 2.65% | - |
Top Debt Holdings of Kotak Savings Fund
| Name of Debt Instrument | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Bond - T-Bill | 16.28% | ₹ 2,125.77 Cr. |
| Bond - State Bank Of India | 8.77% | ₹ 1,145.02 Cr. |
| Bond - Union Bank Of India | 6.79% | ₹ 885.25 Cr. |
| Bond - HDFC Bank Ltd. | 5.21% | ₹ 679.22 Cr. |
| Bond - Housing Development Finance Corporation Ltd. | 4.92% | ₹ 641.80 Cr. |
| Others | 58.03% |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| TREPS | 1.00% |
| Net Receivables | 0.91% |
| Reverse Repo | 0.74% |