Click here for top ranked funds in floater mutual funds.
However, Scripbox does not recommend investing in floater mutual funds.
Floater Funds are mandated to invest a minimum of 65% of total assets in Floating Rate Instruments.
This is a relatively small category with a limited number of funds.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher interest rate risk.
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Historical NAV
₹ 1199.1837
NAV (Oct 21)
Fund Returns
Last 1Y
5.5%
Last 3Y
NA
Last 5Y
NA
Last 10Y
NA
Since Inception
7.7%
6 Month CAGR
3.8%
Scheme Information
Investment 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. However,there is no assurance or guarantee 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 281,432 crores and was set up on 5 August 1994. It's current offering of mutual fund schemes includes 37 equity,164 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.
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
Neutral
Not Recommended
Track Record
We look at consistent and long historical performance for our analysis.
Fund Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Sub-asset Class View
We check if the sub-category of the fund is recommended by us.
Fund 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.
Fund 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 Attractiveness
We check the credit quality of the underlying instruments present in the fund. Higher the better.
Equity Funds
Debt Funds
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About Kotak Floating Rate Fund (G)
About Kotak Floating Rate Fund (G)
Kotak Floating Rate Fund (G) is a Floater Debt fund and has delivered an annualised return of 7.7% over a period of 2 years. . The fund is managed by Kotak Mahindra Asset Management Co Ltd. The fund manager’s name is Deepak Agrawal
Kotak Floating Rate Fund (G) Investment 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. However,there is no assurance or guarantee 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 Floating Rate Fund (G) NAV,AUM,Risk
The Kotak Floating Rate Fund (G) fund was launched on May 14, 2019. The NAV (Net Asset Value) of this Floater Debt fund as of 2021-10-21 is ₹1199.18. The total AUM (Asset Under Management) of the fund as of 22/10/2021 is ₹9150.747. The category risk of the Kotak Floating Rate Fund (G) fund is Moderate Risk. The fund charges 0.62 % as expense ratio.
Kotak Floating Rate Fund (G) Holdings
The fund’s highest allocation is towards Debt and has invested 84.7% in this asset class. The top three holdings of the fund are , govt stock , housing development finance corporation limited , national bank for agriculture and rural development , power finance corporation ltd. , triparty repo , net current assets/(liabilities) , 182 dtb 28102021 , 8.79% govt stock 2021 , 7.33% govt stock 2031 , 07.89 gj sdl 2025 , jamnagar utilities & power private limited , goi floating rate bond 2024 , 91 dtb 16122021 , 8.2% gujarat sdl 2025 , canara bank , allahabad bank , ongc petro additions limited , rec limited , lic housing finance limited , housing development finance corporation limited , national bank for agriculture and rural development , housing development finance corporation limited , power finance corporation limited , national bank for agriculture and rural development , axis bank limited , icici bank limited , embassy office parks reit , 8.20% govt stock 2025 , 8.2% rajasthan sdl 2025 , 8.24% kerala sdl 2025 , first business receivables trust , first business receivables trust , lic housing finance limited , kotak mahindra prime limited , tata capital housing finance limited , hdb financial services limited , nabha power limited , housing development finance corporation limited , rural electrification corporation limited , power finance corporation limited , state bank of india , bajaj housing finance limited , bajaj finance limited , kotak mahindra prime limited , bank of baroda , lic housing finance limited , 8.12% assam sdl 2025 , axis bank limited , state bank of india , 8.08% punjab sdl 2025 , rec limited , nabha power limited , lic housing finance limited , national bank for agriculture and rural development , 8.27% haryana sdl 2025 , state bank of india , 8.50% pn sdl spl 2025 , 8.06% chhattisgarh sdl 2025 , bajaj finance limited , 8.10% uttar pradesh sdl 2025 , rec limited , 0% goi - 1feb25 strips , gs cg 22/2/2024 - (strips) strips , goi 22.02.2025 gov , 06.17 ts sdl 2025 , indian railway finance corporation limited , 182 dtb 16122021 , power finance corporation limited
Kotak Floating Rate Fund (G) Sip
The minimum SIP (Systematic Investment Plan) amount for this is ₹1000 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 Floating Rate Fund (G) 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 NIFTY Ultra Short Duration Debt TR INR.
Kotak Floating Rate Fund (G) Review
Kotak Floating Rate Fund (G) has a score of 2 on a scale of 5. The fund has a score of 2 out of 5 based on historical performance. As compared to the other funds in its category, Kotak Floating Rate Fund (G) has a score of 4out of 5
The credit risk of the fund is 4 out of 5 as compared to other debt funds.
