Item: Kotak Corporate Bond- Direct Plan- Monthly Reinvestment of Income Distribution cum Cap Wdrl
Rating: 3
Author: Morningstar

Home › Mutual Funds › Kotak Mutual Fund › Kotak Corporate Bond- Direct Plan- Monthly Reinvestment of Income Distribution cum Cap Wdrl

1077.774 (0.155%)

NAV on May 06, 2024

Category Fixed income:
Corporate Bond

Interest rate sensitivity
Credit quality

Limited Sensitivity High Quality

Total Assets 12,125 cr

Turnover Ratio 138.88%

Expense Ratio 0.33%

Exit Load -

Returns

1M: 0.58%
1Y: 7.28%
3M: 1.84%
3Y: 5.75%
6M: 4.05%
5Y: 6.14%

Min Investment 100

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ADDITIONAL INFO

Fund Manager Deepak Agrawal (Since over 9 years) Manu Sharma (Since over 1 year) Palha Khanna (Since 10 months)

ISIN INF178L01BZ7

Fund Family Kotak

Launch Date January 14, 2013

Benchmark NIFTY Corporate Bond TR INR

Avg. Maturity 5.55 years

Yield To Maturity (%) 7.77%

INVESTMENT OBJECTIVE

The investment objective of the scheme is to generate income by investing in debt /and money market securities across the yield curve and predominantly in AA+ and above rated corporate securities. The scheme would also seek to maintain reasonable liquidity within the fund.There is no assurance or guarantee that the investment objective of the scheme will be achieved.

Dividends that would otherwise be paid out to investors are instead used to purchase more units in the fund. Not as tax efficient as Growth.

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Top Performing

Top Corporate Bond Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
ICICI Prudential Corporate Bond Fund Direct Plan Growth	28.340	7.72%	27,348 cr	0.32%	Low
Aditya Birla Sun Life Corporate Bond Fund Direct Plan Growth	103.794	7.55%	21,411 cr	0.33%	Average
HDFC Corporate Bond Fund -Direct Plan - Growth Option	30.066	7.54%	28,906 cr	0.35%	Average
Kotak Corporate Bond-Direct Plan-Growth Option	3557.058	7.30%	12,125 cr	0.33%	Below Average
UTI Corporate Bond Fund Direct Growth	15.152	7.10%	3,549 cr	0.29%	Below Average
Franklin India Corporate Debt Direct Growth	96.503	6.95%	742 cr	0.29%	Below Average
Sundaram Corporate Bond Fund - Direct Plan - Growth Option	37.596	6.71%	756 cr	0.32%	Low

Best Corporate Bond Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
ICICI Prudential Corporate Bond Fund Direct Plan Growth	28.340	7.72%	27,348 cr	0.32%	Low
Aditya Birla Sun Life Corporate Bond Fund Direct Plan Growth	103.794	7.55%	21,411 cr	0.33%	Average
HDFC Corporate Bond Fund -Direct Plan - Growth Option	30.066	7.54%	28,906 cr	0.35%	Average
Nippon India Corporate Bond Fund Direct Plan Growth Plan	56.698	7.37%	2,893 cr	0.34%	Average
Kotak Corporate Bond-Direct Plan-Growth Option	3557.058	7.30%	12,125 cr	0.33%	Below Average
Axis Corporate Debt Fund Direct Growth	16.258	7.30%	5,368 cr	0.3%	Below Average