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Kotak Floating Rate Fund (G)

Scheme Information

2019-11-14

Asset Management Company (AMC) Kotak Mahindra Asset Management Company Limited
Asset Class Type Debt
Inception Date May 14, 2019
Benchmark NIFTY Ultra Short Duration Debt Index
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.
Fund Manager Deepak Agrawal
AUM (In Crores) 5.40
Allocation
Debt: 92.423%
Others: 7.577%
Exit Load Nil
Minimum Investment Amount First Investment: 5000
Expense Ratio 0.43
Average Maturity 51.10 Days
Modified Duration 390.55 Days
Yield to Maturity 6.69%

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