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  • Kotak Mutual Fund
  • Kotak Floating Rate Fund (Growth)
Kotak Mutual Fund

Kotak Floating Rate Fund (Growth)

DebtFloater

1205.903

NAV (Jun 27)

6.2%
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

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

Relative Size

6,184 Cr. Large within the category

Impact of Interest Rate Changes

Lowest Interest Rate Risk. The impact on fund value is very low 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

Scripbox Recommended Floater Funds

Want the floating rate funds that are right for your short term investment needs?

Learn more

Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

1205.903

NAV (Jun 27)

Fund Returns

Last 1Y

2.5%

Last 3Y

6.1%

Last 5Y

NA

Last 10Y

NA

Since Inception

6.2%

6 Month CAGR

0.1%

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.

Expense Ratio

0.62

Launched (3y ago)

May 14, 2019

AUM in Crores

6183.241

ISIN

INF174KA1DY6

Lock-in

No Lock-in

Benchmark

Nifty Short Duration Debt TR INR

SIP Minimum

1000

Lumpsum Min.

5000

Fund Managers

Vihag Mishra

Fund Manager

Deepak Agrawal

Fund Manager

Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%965,796 233,18411.25%
EPF70% 900,761 168,1498.50%
Property70% 867,662 135,0507.00%
PPF70% 869,819 137,2077.10%
Bank FD70% 846,471 113,8596.00%
Gold70% 846,471 113,8596.00%
Savings Bank70% 825,950 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.

Asset allocation and Holdings

Last updated on 2022-06-27

Top Debt Holdings

5.53 9/22/2033 12:00:00 am

13.3%
13.3%

housing development finance corporation ltd

8.1%
8.1%

power finance corporation ltd.

6.4%
6.4%

jamnagar utilities & power private limited

3.3%
3.3%

net current assets/(liabilities)

2.9%
2.9%
See all holdings

Comparison with Debt Funds

Fund NameScripbox OpinionFund SizeTrack Record
ICICI Prudential Liquid Fund (G)
ICICI Prudential Liquid Fund (G)

₹ 44,308 cr

5

₹ 14,441 cr

5

₹ 18,739 cr

5

₹ 12,059 cr

5

₹ 44,308 cr

5

About the AMC

Kotak Mahindra Asset Management Co Ltd

Kotak Mahindra Asset Management Co Ltd manages assets worth 288,952 crores and was set up on 5 August 1994. It's current offering of mutual fund schemes includes 40 equity,164 debt and 26 hybrid funds.

amc-img

  • 022-66384444
  • fundaccops@kotakmutual.com
  • Fund NameScripbox Opinion
    Till Date CAGR

    13.5%

    6.6%

    13.5%

    6.6%

    13.5%

    6.6%

    4.8%

    7.3%

    -

    19.2%

    Investment Calculator

    Investment Duration5 years

    0

    Total Investment

    0

    Wealth Gained

    0

    Total Corpus Created (₹)

    With CAGR of 11.25 % in 5 years

    Kotak Floating Rate Fund (G) Review

    Kotak Floating Rate Fund (G) is a Floater Debt fund and has delivered an annualised return of 6.2% over a period of 3 years. The fund is managed by Kotak Mahindra Asset Management Co Ltd. The fund managers are Deepak Agrawal, Vihag Mishra.

    Nav of Kotak Floating Rate Fund (G) as of 6/27/2022 is ₹1205.90 with the total AUM as of 6/28/2022 is ₹6183.241. With Scripbox you can compare and check the latest nav for all mutual funds in India. Kotak Floating Rate Fund (G) was launched on May 14, 2019. The category risk of the fund is Low to Moderate Risk.

    The minimum SIP amount for Kotak Floating Rate Fund (G) 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. Check your estimated returns on mutual funds by using sip calculator.

    Kotak Floating Rate Fund (G) 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 Short Duration Debt TR INR.

    Kotak Floating Rate Fund (G) is rated as a 2 fund in Debt and delivered 2.5% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Kotak Floating Rate Fund (G).

    Frequently Asked Questions

    What is Kotak Floating Rate Fund (G)?

    Kotak Floating Rate Fund (G) is a Floater Debt scheme predominantly investing across Debt stocks with an investment objective to generate wealth over the long term.

    How to invest in Kotak Floating Rate Fund (G)?

    You can invest in Kotak Floating Rate Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

    What is the minimum sip amount of Kotak Floating Rate Fund (G)?

    The minimum sip amount for Kotak Floating Rate Fund (G) is ₹1000. You can invest in multiples of ₹5000.

    Is Kotak Floating Rate Fund (G) good to invest in?

    As per Scripbox experts, Kotak Floating Rate Fund (G) is a Neutral fund. You can investKotak Floating Rate Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

    What is the expense ratio of the Kotak Floating Rate Fund (G)?

    The expense ratio of the Kotak Floating Rate Fund (G) is 0.62% for regular plan.