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.
No single fund can achieve what a plan can. Learn why
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 224,386 crores and was set up on 5 August 1994. It's current offering of mutual fund schemes includes 37 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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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 managers are Arjun Khanna, 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 as of 2021-04-16 is ₹ 1153.9417. The total AUM (Asset Under Management) of the fund as of 2021-04-18 is ₹ 4320.185. 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 93.9% in this asset class. The top three holdings of the fund are rec limited,6.18% govt stock 2024 and housing development 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 .
Kotak Floating Rate Fund (G) Review
Kotak Floating Rate Fund (G) has a score of 2 on a scale of 5. The fund scores 1 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 4 out of 5.
The credit risk of the fund is 4 out of 5 as compared to other debt funds.
