Neutral
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.
Track Record
2 Years. The fund has Insufficient history for analysis. We recommend funds with longer history.
Relative Size
4,321 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
Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.
No single fund can achieve what a plan can. Learn why
Scheme Information
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
Moderate Risk
0.62 %
Expense Ratio
May 14, 2019
Launched (2y ago)
₹ 4,321
AUM in Crores
INF174KA1DY6
ISIN
No Lock-in
Lock-in
Benchmark
₹ 1,000
SIP Minimum
₹ 5,000
Lumpsum Min.
Returns Calculator Comparison
of
for
with step up of
Instrument | Returns | Total Corpus | Gains | Annualised % |
---|---|---|---|---|
Mutual Fund | ₹ 965,796 | ₹ 233,184 | 11.25% | |
EPF | ₹ 900,761 | ₹ 168,149 | 8.50% | |
Property | ₹ 867,662 | ₹ 135,050 | 7.00% | |
PPF | ₹ 869,819 | ₹ 137,207 | 7.10% | |
Bank FD | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Gold | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Savings Bank | ₹ 825,950 | ₹ 93,338 | 5.00% |
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.
Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.
Comparison with Debt Funds
Ultra Short
Recommended
Top Ranked
17 Years
Age
Track Record
Liquid
Recommended
Top Ranked
17 Years
Age
Track Record
Ultra Short
Recommended
Top Ranked
22 Years
Age
Track Record
Low Duration
Recommended
Top Ranked
19 Years
Age
Track Record
Liquid
Recommended
Top Ranked
18 Years
Age
Track Record
About the AMC
Kotak Mahindra Asset Management Co Ltd
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.
Ultra Short
Recommended
Top Ranked
₹ 11,990 Cr
Fund Size
6.6%
3Y returns
Large Cap
Recommended
Top Ranked
₹ 2,206 Cr
Fund Size
11.8%
3Y returns
Ultra Short
Top Ranked
₹ 11,990 Cr
Fund Size
5%
3Y returns
Ultra Short
Top Ranked
₹ 11,990 Cr
Fund Size
5.2%
3Y returns
Large Cap
Top Ranked
₹ 2,206 Cr
Fund Size
11.3%
3Y returns
Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.
Investing through Scripbox is made easy and paperless. All you need to do is follow the below steps and start investing.
Choose a plan to invest to start investing
Create an account with Scripbox through a paperless process, to invest in this fund
Invest via netbanking, UPI or through an SIP (eNACH mandate).
Track, invest more and withdraw your investments through the Scripbox dashboard
You'll never have to worry about what funds to choose. We'll suggest what's best for you.
We will track our recommendations and suggest changes & fund exists whenever required.
Our customer champions are available 7 days a week from 8AM to 8PM.
We review your investments and make course corrections every year to make the best out of your investments
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
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.
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.
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
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.
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) 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.