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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

    34.2753

    NAV (Sep 23)

    6.1%
    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

    13,952 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
    Invest in this fund as part of a scientific Scripbox plan. Explore the plan below.
    Short Term Money

    Short Term Money

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    • 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

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

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    Historical NAV

    34.2753

    NAV (Sep 23)

    Fund Returns

    Last 1Y
    3.5%
    Last 3Y
    6.1%
    Last 5Y
    6.4%
    Last 10Y
    7.7%
    Since Inception
    7.5%
    6 Month CAGR
    1.8%
    info-icon-blue

    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
    13951.400
    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

    calculator

    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.

    build-long-item-wealth-img

    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)

    recommended-badge

    ₹ 13,951 cr

    5

    recommended-badge

    ₹ 33,662 cr

    5

    recommended-badge

    ₹ 11,134 cr

    5

    recommended-badge

    ₹ 31,274 cr

    5

    recommended-badge

    ₹ 24,210 cr

    5

    amc-icon

    About the AMC

    Kotak Mahindra Asset Management Co Ltd

    Kotak Mahindra Asset Management Co Ltd manages assets worth 276,483 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.

    amc-img

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

    6.1%

    7.5%

    recommended-badge

    19.1%

    %

    top-ranked-badge

    4.8%

    5.5%

    top-ranked-badge

    5.2%

    6.1%

    top-ranked-badge

    18.6%

    %

    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

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    3,600+

    AUM

    2,500+

    Cities

    2012

    Established

    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

    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.

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