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Kotak Mutual Fund

Kotak Floating Rate Fund (Growth)

DebtFloater

1199.1837

NAV (Oct 21)

7.7%
Till Date CAGR
Scripbox Opinion

Neutral

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.

Our analysis of this fundLearn how we rate funds ->

Track Record

2 Years. The Fund has a Short history for analysis. We recommend funds with longer history.

Relative Size

9,151 Cr. Large within the category

Impact of Interest Rate Changes

High Interest Rate Risk. The impact on fund value is high when interest rates change

Credit Quality Of Fund's Portfolio

Low Credit Risk. The fund has a high credit quality compared to other debt funds

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Short Term Money

Short Term Money

Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

  • graph-icon-gray
    Historical growth rate of 6.5% per annum
  • graph-icon-gray
    Recommended Duration 1 - 5 years
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    No Lock-in
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    Expert Investing Only, Car, Down Payment

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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%
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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.

Low

Low to Moderate

Moderate

Moderately High

High

Very High

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Moderate Risk

Expense Ratio
0.62
Launched (2y ago)
May 14, 2019
AUM in Crores
9150.747
ISIN
INF174KA1DY6
Lock-in
No Lock-in
Benchmark
NIFTY Ultra Short Duration Debt TR INR
SIP Minimum
1000
Lumpsum Min.
5000
Fund Managers
user-avatar

Deepak Agrawal

Fund Manager

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Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%₹ 9,65,796 ₹ 2,33,18411.25%
EPF70% ₹ 9,00,761 ₹ 1,68,1498.50%
Property70% ₹ 8,67,662 ₹ 1,35,0507.00%
PPF70% ₹ 8,69,819 ₹ 1,37,2077.10%
Bank FD70% ₹ 8,46,471 ₹ 1,13,8596.00%
Gold70% ₹ 8,46,471 ₹ 1,13,8596.00%
Savings Bank70% ₹ 8,25,950 ₹ 93,3385.00%

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.

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Short Term Money

Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

  • Inflation beating returns
    Inflation beating returns
  • Expert Investing Only, Car, Down Payment
    Expert Investing Only, Car, Down Payment
  • One click investing  tracking
    One click investing tracking
comparison

Comparison with Debt Funds

Fund NameScripbox OpinionFund SizeTrack Record

Kotak Savings Fund (G)

recommended-badge

₹ 13,509 cr

5

recommended-badge

₹ 33,192 cr

5

recommended-badge

₹ 11,590 cr

5

recommended-badge

₹ 33,722 cr

5

recommended-badge

₹ 22,849 cr

5

amc-icon

About the AMC

Kotak Mahindra Asset Management Co Ltd

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.

amc-img

  • tel-amc-about
    022-66384444
  • mail-amc-about
    fundaccops@kotakmutual.com
  • Fund NameScripbox Opinion
    Till Date CAGR
    recommended-badge

    6%

    7.4%

    recommended-badge

    23.3%

    %

    top-ranked-badge

    4.8%

    5.5%

    top-ranked-badge

    5%

    6.1%

    top-ranked-badge

    22.8%

    %

    growth

    Short Term Money

    Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

    • graph-icon-gray
      Historical growth rate of 6.5% per annum
    • graph-icon-gray
      Recommended Duration 1 - 5 years
    • graph-icon-gray
      No Lock-in
    • graph-icon-gray
      Expert Investing Only, Car, Down Payment
    • graph-icon-gray
      One-click investing and tracking
    • graph-icon-gray
      Zero fees for all your investments
    Kotak Savings Fund (Growth)

    Kotak Savings Fund (Growth)

    Debt

    Ultra Short

    ICICI Prudential Savings Fund (Growth)

    ICICI Prudential Savings Fund (Growth)

    Debt

    Low Duration

    Tata Liquid Fund (Growth)

    Tata Liquid Fund (Growth)

    Debt

    Liquid

    How does Scripbox rate funds?

    Proprietary 4-step system to rate mutual 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?
    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.
    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    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

    Sub-asset Class View

    We check if the sub-category of the fund is recommended by us.

    Fund Performance

    Fund Performance

    Consistency of performance over various tenures is analysed for a relative performance stack.

    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    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

    Impact of Interest Rates

    We check the relative interest rate risk of the sub-category of the fund. Lower the better.

    Credit Attractiveness

    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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    TRUST

    1. 4100+Crores
    2. 2500+Cities
    3. 7200+Customers
    We manage to deliver better strategies to people who trust us.

    We thrive on trust. You don’t need to just take our word for it! Get started with your wealth creation without worry.

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    Investing has helped me dream bigger for my life
    Dr. Shraddha BahirwaniSr. Dental Consultant

    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.

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