Formerly Kotak Treasury Advantage Fund Reg Gr
18 Years. The fund has an Extended history for analysis and the track record is excellent.
12,510 Cr. Category leader in size
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
Moderate Credit Risk. The fund has a moderate credit quality compared to other debt funds
Want the ultra short term debt funds that are right for your short term investment needs?
NAV (May 20)
6 Month CAGR
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.
Launched (18y ago)
Aug 13, 2004
AUM in Crores
NIFTY Ultra Short Duration Debt TR INR
with step up of
|Instrument||Returns||Total Corpus||Gains||Annualised %|
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.
hdfc bank limited7.9%
8.08% govt stock 20226.1%
182 Days Treasury Bill 15-09-20224.7%
182 Days Treasury Bill 01-09-20223.4%
|Fund Name||Scripbox Opinion||Fund Size||Track Record|
₹ 40,402 cr
₹ 16,108 cr
₹ 18,675 cr
₹ 15,495 cr
₹ 40,402 cr
Kotak Mahindra Asset Management Co Ltd
Kotak Mahindra Asset Management Co Ltd manages assets worth 282,860 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.
|Fund Name||Scripbox Opinion||Till Date CAGR|
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.
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.
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 Return||3.90%|
|3 Years Return||6.50%|
|5 Years Return||6.70%|
|10 Years Return||7.90%|
The Kotak Savings Fund-Growth has invested its assets majorly in the debt instruments of the following companies:
|Company||Percentage of Holding (As of 22nd June 2021)|
|8.79% Government 2021||15.30%|
|6.17% Government 2021||7.80%|
|Housing Development Finance Corporation Limited||4.10%|
|National Bank for Agriculture and Rural Development||3.40%|
|Lic Housing Finance Limited||3.40%|
|National Bank for Agriculture and Rural Development||3.20%|
The Kotak Savings Fund-Growth has invested in the following debt instruments:
|Sector||Percentage of Holding (As on 22nd June 2021)|
|Certificate of Deposit||20.62%|
|Non- Convertible Debenture||13.09%|
|Bonds/ Non- Convertible Debenture||9.84%|
|State Development Loans||9.28%|
|Government of India Securities||6.25%|
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.
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