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% |
Scripbox has taken due care and caution in compilation of the data contained in this factsheet. This data has been obtained by Scripbox from sources which it considers reliable. However, please verify the data from the mutual fund (link provided) before taking any Investment action based on this information.
Recommended Funds
Equity: Mirae Asset Large Cap Fund (G) • HDFC Top 100 Fund (G) • Kotak Standard Multicap Fund (G) • Parag Parikh Long Term Equity Fund (G)
Tax Saver Plan:
DSP Tax Saver Fund (G) •
Motilal Oswal Long Term Equity Fund (G)
Emergency Fund:
Axis Liquid Fund (G) •
Tata Liquid Fund (G)