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Scheme Information
Investment Objective
The investment objective of the Scheme is to generate returns through investments in debt and money market instruments with a view to reduce the interest rate risk. The Scheme will invest in debt and money market securities,maturing on or before maturity of the scheme. There is no assurance that the investment objective of the Scheme will be achieved.
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.
Kotak Mahindra Asset Management Co Ltd manages assets worth 220,225 crores and was set up on 5 August 1994. It's current offering of mutual fund schemes includes 34 equity,162 debt and 26 hybrid funds.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
What Scripbox recommendations mean?
Recommended
Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
Top Ranked
Not Recommended
Track Record
We look at consistent and long historical performance for our analysis.
Relative Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Category View
We check if the sub-category of the fund is recommended by us.
Consistency Of Performance
Consistency of performance over various tenures is analysed for a relative performance stack.
Track Record
We look at consistent and long historical performance for our analysis.
Relative Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Impact of Interest Rates
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
Credit Quality Of Fund’s Portfolio
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
Equity Funds
Debt Funds
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Invest via netbanking, UPI or through an SIP (eNACH mandate).
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The Scripbox Promise
Scripbox has helped over 2500 people become millionaires in the last 7 years
You'll never have to worry about what funds to choose. We'll suggest what's best for you.
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We will track our recommendations and suggest changes & fund exists whenever required.
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Annual reviews & rebalances
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About Kotak Fixed Maturity Plan Series 240 (DP-A)
About Kotak Fixed Maturity Plan Series 240 (DP-A)
Kotak Fixed Maturity Plan Series 240 (DP-A) is a fixed maturity plan debt fund and has delivered an annualised return of 8.8% over a period of 3 years ..The fund is managed by Kotak Mahindra Asset Management Co Ltd.The fund manager’s name is Deepak Agrawal.
Kotak Fixed Maturity Plan Series 240 (DP-A) Investment Objective
The investment objective of the Scheme is to generate returns through investments in debt and money market instruments with a view to reduce the interest rate risk. The Scheme will invest in debt and money market securities,maturing on or before maturity of the scheme. There is no assurance that the investment objective of the Scheme will be achieved. However, there is no assurance that the objective of the scheme will be realized.
Kotak Fixed Maturity Plan Series 240 (DP-A) NAV,AUM,Risk
The Kotak Fixed Maturity Plan Series 240 (DP-A) fund was launched on Aug 10, 2018. The NAV (Net Asset Value) of this fixed maturity plan debt as of 2021-03-05 is ₹ 12.4259. The total AUM (Asset Under Management) of the fund as of 2021-03-05 is ₹ 246.457. The category risk of the Kotak Fixed Maturity Plan Series 240 (DP-A) fund is Low to Moderate Risk.
The fund charges 0.0 % as expense ratio.
Kotak Fixed Maturity Plan Series 240 (DP-A) Holdings
The fund’s highest allocation is towards debt and has invested 96.5% in this asset class. The top three holdings of the fund are 8.90% andhra gs 2021,8.90% u.p. gs 2021 and kotak mahindra prime limited
Kotak Fixed Maturity Plan Series 240 (DP-A) SIP
The minimum SIP (Systematic Investment Plan) amount for this 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.
Kotak Fixed Maturity Plan Series 240 (DP-A) Investment volatility and Horizon
This fund 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 CRISIL Composite Bond Fund TR INR.
Kotak Fixed Maturity Plan Series 240 (DP-A) Review
Kotak Fixed Maturity Plan Series 240 (DP-A) has a score of 0 on a scale of 5. The fund scores 0 out of 5 based on historical performance. As compared to the other funds in its category, Kotak Fixed Maturity Plan Series 240 (DP-A) has a score of 0 out of 5.
The credit risk of the fund is 0 out of 5 as compared to other debt funds.
