(Erstwhile Kotak Floater Short Term)

Invest in multiple ways Invest online
  • Contact your distributor
or
Send us your details, we'll get in touch

Kotak Money Market Scheme (Erstwhile Kotak Floater Short Term) An open ended debt scheme investing in money market instruments. The investment objective of the Scheme is to generate returns by investing in money market instruments having maturity upto 1 year.

 

Scheme Facts

Structure
An open ended debt scheme investing in money market instruments
AUM*
₹ 8396.19 Cr.
AAUM*
₹ 10584.9 Cr.
Fund managers
Mr Deepak Agrawal
Conversion Date
August 13, 2004
Benchmark
Nifty Money Market Index

Load structure

Entry load
Nil
Exit load
Nil

Other details

Min. Initial Inv.
` 5000 under Growth, Weekly Dividend and Monthly Dividend Payout & Reinvestment Option & 1,00,000 under Daily Dividend Reinvestment Option
Additional Inv.
` 1000 & in multiples of Re. 1
Standard Deviation ^
0.17 %
YTM^
7.2 %
Portfolio Modified Duration^
0.10 Yrs
Average maturity^
0.10 Yrs
 

Top 10 Companies As on 31/05/2018

11.70%LIC Housing Finance Ltd.(CRISIL A1+)
8.65%Muthoot Finance Ltd.(CRISIL A1+)
7.69%Reliance Industries Ltd.(CRISIL A1+)
7.08%National Bank for Agriculture & Rural Development(ICRA A1+)
5.65%Suraksha Asset Reconstruction Pvt. Ltd. ( Secured by Equity shares of Sun Pharmaceuticals Industries Ltd ) (CARE A1+(SO))
5.20%Aditya Birla Finance Ltd.(ICRA A1+)
4.69%Piramal Enterprises Ltd.(CRISIL A1+)
4.67%PNB Housing Finance Ltd.(CRISIL A1+)
4.51%Union Bank of India(ICRA A1+)
4.16%AXIS Bank Ltd.(CRISIL A1+)
 

RATING PROFILE IN As on 31/05/2018

0.09%CBLO & Term Deposits & Rev.Repo
97.72%A1+, A1+(SO), AAA, IND A1+(SO), SOV
1.71%Net Current Assets
0.48%AA-
 

SUITABLE FOR INVESTORS WHO ARE SEEKING*

income over a short term investment horizon


Investment in money market securities


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

Sector Allocation As on 31/05/2018

0.41Treasury Bills
0.09CBLO & Term Deposits & Rev.Repo
97.3Commercial Paper (CP)/Certificate of Deposits (CD)
1.71Net Current Assets
0.49Debentures and Bonds

Essential Downloads

Disclaimer

 

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