- Mutual Funds
- Kotak Mutual Fund
- Kotak Credit Risk Fund (PIDCW-M)
Formerly Kotak Credit Risk Reg Mn DP
Kotak Credit Risk Fund (PIDCW-M)
₹ 10.9409
NAV (Sep 17)
Credit risk funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.
Credit Risk Funds are mandated to invest more than 65% of the portfolio in Corporate Bonds rated AA or below.
These instruments carry a high default risk.
The events of the recent past have shown the impact of poor credit quality on such funds.
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 10.9409
NAV (Sep 17)
Fund Returns
Last 1Y | 6.8% |
Last 3Y | 5.8% |
Last 5Y | 5.3% |
Last 10Y | 6.4% |
Since Inception | 6.4% |
6 Month CAGR | 4.4% |
Scheme Information
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 rated and below corporate securities. The scheme would also seek to maintain reasonable liquidity within the fund.There is no assurance that the investment objective of the Schemes will be realised.
Expense Ratio | 1.7 |
Launched (13y ago) | May 11, 2010 |
AUM in Crores | 982.978 |
ISIN | INF174K01EC1 |
Lock-in | No Lock-in |
Benchmark | NIFTY Credit Risk Bond C-III TR INR |
SIP Minimum | 0 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 2.7 |
Standard Deviation (5yr) | 2.3 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | 0.202 |
Sharpe Ratio (5yr) | -0.093 |
YTM | 8.51 |
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Kotak Credit Risk Fund (PIDCW-M) | 8,32,037 | 99,425 | 5.3% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Debt Holdings
Comparison with Debt Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 44,468 cr | ||
₹ 18,357 cr | ||
₹ 10,408 cr | ||
₹ 14,357 cr | ||
₹ 15,536 cr |
About the AMC
Kotak Mahindra Asset Management Co Ltd
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
3.1% | 6.9% | ||
- | 7.8% | ||
- | 4.1% | ||
3.1% | 6.9% | ||
3.1% | 6.9% |
Kotak Credit Risk Fund (PIDCW-M) Review
Kotak Credit Risk Fund (PIDCW-M) is a Credit Risk Debt fund and has delivered an annualised return of 6.4% over a period of 13 years. The fund was previously known as Kotak Credit Risk Reg Mn DP. The fund is managed by Kotak Mahindra Asset Management Co Ltd. The fund managers are Deepak Agrawal, Palha Khanna, sunit garg, Vihag Mishra.
Nav of Kotak Credit Risk Fund (PIDCW-M) as of 9/17/2021 is ₹10.94 with the total AUM as of 10/4/2023 is ₹982.978. With Scripbox you can compare and check the latest nav for all mutual funds in India. Kotak Credit Risk Fund (PIDCW-M) was launched on May 11, 2010. The category risk of the fund is High Risk.
The minimum SIP amount for Kotak Credit Risk Fund (PIDCW-M) is ₹0 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.
Kotak Credit Risk Fund (PIDCW-M) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to NIFTY Credit Risk Bond C-III TR INR.
Kotak Credit Risk Fund (PIDCW-M) is rated as a 3 fund in Debt and delivered 6.8% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Kotak Credit Risk Fund (PIDCW-M).
Frequently Asked Questions
What is Kotak Credit Risk Fund (PIDCW-M)?
How to invest in Kotak Credit Risk Fund (PIDCW-M)?
You can invest in Kotak Credit Risk Fund (PIDCW-M) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of Kotak Credit Risk Fund (PIDCW-M)?
The minimum sip amount for Kotak Credit Risk Fund (PIDCW-M) is ₹0. You can invest in multiples of ₹5000.
Is Kotak Credit Risk Fund (PIDCW-M) good to invest in?
As per Scripbox experts, Kotak Credit Risk Fund (PIDCW-M) is a Neutral fund. You can investKotak Credit Risk Fund (PIDCW-M) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the Kotak Credit Risk Fund (PIDCW-M)?
The expense ratio of the Kotak Credit Risk Fund (PIDCW-M) is 1.7% for regular plan.