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  • Kotak Savings Fund (Growth)

Formerly Kotak Treasury Advantage Fund Reg Gr

Kotak Mutual Fund

Kotak Savings Fund (Growth)

DebtUltra Short

Recommended

Top Ranked

34.3557

NAV (Oct 26)

6%
3 Year CAGR
Scripbox Opinion

Recommended

Kotak Savings Fund (Growth) is recommended for investment within ultra short mutual funds.

Ultra short funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.

Our analysis of this fundLearn how we rate funds ->

Track Record

17 Years. The fund has an Extended history for analysis and the track record is excellent.

Relative Size

13,510 Cr. Category leader in size

Impact of Interest Rate Changes

Low Interest Rate Risk. The impact on fund value is quite 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

Invest in this fund
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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
  • graph-icon-gray
    No Lock-in
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    Expert Investing Only, Car, Down Payment

No single fund can achieve what a plan can. Learn why

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Historical NAV

34.3557

NAV (Oct 26)

Fund Returns

Last 1Y
3.3%
Last 3Y
6%
Last 5Y
6.3%
Last 10Y
7.7%
Since Inception
7.4%
6 Month CAGR
1.6%
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Scheme Information

Investment Objective

The investment objective of the Scheme is to generate returns through investments in debt and money market instruments with a view to reduce the interest rate risk. 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

risk-indicator-arrow.svg

Low to Moderate Risk

Expense Ratio
0.77
Launched (17y ago)
Aug 13, 2004
AUM in Crores
13509.394
ISIN
INF174K01FD6
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)

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.

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

    6%

    7.4%

    recommended-badge

    24.8%

    %

    top-ranked-badge

    4.8%

    5.5%

    top-ranked-badge

    5%

    6.1%

    top-ranked-badge

    24.3%

    %

    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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    Create an Account

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    03

    Invest online & transfer

    Invest via netbanking, UPI or through an SIP (eNACH mandate).

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    TRUST

    1. 4100+Crores
    2. 2500+Cities
    3. 7200+Customers are millionaires
    We thrive on trust.

    We match your objectives to the right portfolio. World-class wealth management using science, data and technology, leveraged by our experience, and human touch. 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

    Kotak Savings Fund-Growth is a direct ultra short-duration debt mutual fund scheme provided by Kotak Mahindra Mutual Fund. It predominantly invests in debt instruments and aims to achieve returns through a lower interest rate risk. The fund was previously known as Kotak Treasury Advantage Fund Reg Gr. It aims to outperform the benchmark with risk lower than the benchmark. Kotak Mahindra Asset Management Co Limited manages the fund with the fund manager being Mr. Deepak Agarwal.

    Kotak Savings Fund-Growth Investment Objective

    The investment objective of the Scheme is to generate returns through investments in debt and money market instruments with a view to reducing the interest rate risk. 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 fund has an investment of 95.16% in debt instruments of which its investment in government securities is 31.49% and 63.67% in low-risk debt securities and instruments.

    Kotak Savings Fund-Growth Scheme Details

    The scheme was launched on 13th August 2004 and it has been in existence for the past 17 years. It continues to provide growth of investment at par with inflation over the investment duration.

    NAV and Returns– As of 22nd June 2021, the NAV of the fund is Rs 33.97. The risk-o-meter of the fund is low to moderate risk. Kotak Savings Fund is a 17-year-old fund and has delivered a return of 7.50% since its inception.

    Minimum Investment– The fund requires a minimum SIP investment of Rs 1,000 and a minimum lump sum investment of Rs 5,000

    Expense Ratio and Exit Load– The expense ratio for the fund is 0.77% which is close to the expense ratio charged by other AMCs for similar funds. No exit load is charged on the redemption of the units of these funds.

    Fund Manager– The fund is managed by Mr. Deepak Agarwal. Mr. Deepak Agarwal has been managing the fund since 15th April 2008. He has been associated with Kotak Mahindra Asset Management Co Limited since the year 2000. He posses over 16 years of experience in financial markets

    Other Details- No lock-in period for the scheme, you can redeem your investment anytime. As of 22nd June 2021, the AUM of Kotak Savings Fund is Rs 11,760 cr. The fund benchmarks to NIFTY Ultra Short Duration Debt TR INR.

    1 Year Return3.90%
    3 Years Return6.50%
    5 Years Return6.70%
    10 Years Return7.90%
    Returns Updated as of 22nd June 2021

    Kotak Savings Fund-Growth Top Stock Holdings

    The Kotak Savings Fund-Growth has invested its assets majorly in the debt instruments of the following companies:

    CompanyPercentage of Holding (As of 22nd June 2021)
    8.79% Government 202115.30%
    6.17% Government 20217.80%
    Housing Development Finance Corporation Limited4.10%
    Triparty Repo3.70%
    National Bank for Agriculture and Rural Development3.40%
    Lic Housing Finance Limited3.40%
    National Bank for Agriculture and Rural Development3.20%

    Asset Allocation of Kotak Savings Fund-Growth

    The Kotak Savings Fund-Growth has invested in the following debt instruments:

    SectorPercentage of Holding (As on 22nd June 2021)
    Certificate of Deposit20.62%
    Debenture20.16%
    Commercial Paper14.94%
    Non- Convertible Debenture13.09%
    Bonds/ Non- Convertible Debenture9.84%
    State Development Loans9.28%
    Government of India Securities6.25%

    Kotak Savings Fund Review

    Scripbox recommends Kotak Savings Fund-Growth for investment within ultra-short duration mutual funds. Ultra short-duration funds provide returns at par with inflation over the investment duration. These funds are suitable for an investment objective with an investment duration of 1-5 years or longer.

    1. The fund has an extended history of 17 years for analysis. Track record is excellent.
    2. With an AUM or relative size of Rs 11,760 cr, the fund is a category leader in size.
    3. The scheme has performed well consistently over a period of time and the returns earned are similar to other funds in the same category of mutual funds.
    4. Very low impact of interest rate changes on the fund. In a way, the scheme has proven to be dependable under the ultra-short duration funds category
    5. The fund has a high credit quality compared to other debt funds in the same category. This indicates that it has lent to borrowers whose credit quality is good. With better borrowers, it ensures a low default risk. 

    How Scripbox Algorithmically Selects Mutual Funds?

    Scripbox uses time-tested principles, historical data, and valid assumptions about asset classes. We combine them with a rigorous process to finalize which asset classes make the most sense for specific types of objectives, considering the time needed to achieve them.

    Once we select an asset class, our algorithm goes to work to select the best financial products.

    The algorithm scores financial products on multiple parameters, giving relevant weights to each of the listed parameters, such as:

    • Track record of the product – how long has it been around?
    • Assets under management – how big is it – for example, the size of a mutual fund
    • Liquidity – how easy is it to move in or out of the product?
    • Consistency of performance – how much have the returns fluctuated?
    • The risk associated with the product – what risks impact the product?
    • Quality of underlying assets – we assess how risky the underlying assets are – for example, by considering bond ratings in the case of debt funds

    With such a scientific and detailed approach Scripbox ensures:

    • Bias free product selection – commissions don’t sway our decisions
    • Minimal human intervention and thus minimal impact of emotions and behavioral biases
    • Consideration of the maximum number of factors that can impact an investment product
    • Application of logic to investment product selection 

    Our investment product selection science helps us help you, without biases clouding the evaluation.

    Get started with investing today

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