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Kotak Medium Term Fund, an open-ended debt scheme. The investment objective of the scheme is to generate regular income and capital appreciation by investing in a portfolio of medium term debt and money market instruments. There is no assurance or guarantee that the investment objective of the scheme will be achieved.

 

Scheme Facts

Structure
An Open Ended Debt Scheme
AUM*
₹ 4733.44 Cr.
AAUM*
₹ 4778.91 Cr.
Fund managers
Mr Deepak Agrawal
Conversion Date
21st March 2014
Benchmark
Nifty Medium Duration Index

Load structure

Entry load
Nil
Exit load
For redemption / switch out of upto 15% of the initial investment amount (limit) purchased or switched in within 18 months from the date of allotment : Nil.
If units redeemed or switched out are in excess of the limit within 18 months from the date of allotment : 2%.
If units are redeemed or switched out on or after 18 months from the date of allotment: Nil.

Other details

Min. Initial Inv.
` 5,000/-
Additional Inv.
` 1000 & in multiples of ` 1
Standard Deviation ^
1.8 %
YTM^
9.63 %
Portfolio Modified Duration^
2.18 Yrs
Average maturity^
2.93 Yrs
 

SUITABLE FOR INVESTORS WHO ARE SEEKING*

Income over a medium term investment horizon


Investment in debt, government securities & money market instruments with portfolio Macaulay duration between 3 years & 4 years


*Investors should consult their financial advisors if in doubt about whether the product is suitable for them.
 

Top 10 Companies As on 31/05/2018

6.65%Reliance Jio Infocomm Ltd.(CRISIL AAA)
6.62%Karelides Traders Private Ltd. ( backed by unconditional and irrevocable undertaking by a wholly owned subsidiary of Piramal Enterprises Ltd ) (ICRA AA-(SO))
4.99%U P Power Corporation Ltd ( Guaranteed By UP State Government ) (FITCH IND AA(SO))
3.87%HPCL Mittal Energy Ltd.(ICRA AA)
3.80%Punjab & Sind Bank(ICRA A+)
3.55%U P Power Corporation Ltd ( Guaranteed By UP State Government ) (CRISIL A+(SO))
3.47%Nuvoco Vistas Corporation Ltd. ( 100% subsidiary of Nirma Ltd.) (CRISIL AA)
3.44%PNB Housing Finance Ltd.(CARE AAA)
3.12%Punjab National Bank(FITCH IND A+)
2.92%Muthoot Finance Ltd.(CRISIL AA)
 

RATING PROFILE IN As on 31/05/2018

57.3%AA+, AA+(SO), AA, AA(SO), BWR AA, IND AA, IND AA(SO), AA-, AA-(SO), BWR AA-(SO), IND AA-
21.41%AAA, AAA(SO), BWR A1+ (SO), IND AAA, SOV
16.68%A+, A+(SO), BWR A+, BWR A+(SO), IND A+, A-
1.87%Net Current Assets
1.6%Unrated
1.14%CBLO & Term Deposits & Rev.Repo
 

Sector Allocation As on 31/05/2018

0.54Commercial Paper (CP)/Certificate of Deposits (CD)
0.31Government Dated Securities
1.87Net Current Assets
1.14CBLO & Term Deposits & Rev.Repo
95.59Debentures and Bonds
0.55Unrated

Essential Downloads

Disclaimer

 

Source: ICRA MFI Explorer. 
*All data as on 31st May 2018.