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

Kotak Floater Short Term is an open ended debt scheme. The investment objective of the scheme is to reduce the interest rate risk associated with investments in fixed rate instruments by investing predominantly in floating rate securities, money market instruments and using appropriate derivatives.  There is no asurance that or guaratee that the investment objective of the scheme will be achieved.

 

Scheme Facts

Structure
An Open- Ended Debt Scheme
AUM*
₹ 12532.59 Cr.
AAUM*
₹ 12446.91 Cr.
Fund managers
Mr Deepak Agrawal
Conversion Date
August 13, 2004
Benchmark
Crisil Liquid Fund Index

Load structure

Entry load
Nil
Exit load
Nil

Other details

Min. Initial Inv.
` (a) Dividend Reinvestment & Growth - ` 5,000 & above
(b)Dividend Payout (Weekly) - ` 1,00,00,000/- & above
Additional Inv.
` 1,000 & in multiples of ` 1
Standard Deviation ^
0.23 %
YTM^
6.72 %
Portfolio Modified Duration^
0.10 Yrs
Average maturity^
0.10 Yrs

Expense Ratio

KOTAK FLOATER SHORT TERM - 0.15%
KOTAK FLOATER SHORT TERM-DIRECT - 0.1%

Service tax on management Fees & B15 TER not included

 

Top 10 Companies As on 31/01/2017

7.98%Deutsche Bank( )
6.76%Suraksha Realty Ltd ( Secured by Equity shares of Sun Pharmaceuticals Industries Ltd ) (CARE A1+(SO))
6.34%Muthoot Finance Ltd(CRISIL A1+)
6.25%91 Days Treasury Bill 23/03/2017(SOV)
5.95%Bharti Airtel Ltd.(ICRA A1+)
5.57%India Infoline Finance Limited(ICRA A1+)
4.74%91 Days Treasury Bill 30/03/2017(SOV)
4.16%Bajaj Finance Limited(CRISIL A1+)
3.19%Steel Authority of India Ltd.(FITCH IND A1+)
3.16%LIC Housing Finance Ltd.(CRISIL A1+)
 

RATING PROFILE IN As on 31/01/2017

0.14%Net Current Assets
0.12%AA
89.94%A1+, A1+(IND), A1+(SO), AAA, BWR A1+, IND A1+, SOV
9.8%CBLO & Term Deposits & Rev.Repo
 

SUITABLE FOR INVESTORS WHO ARE SEEKING*

income over a short term investment horizon


investment in floating rate securities, debt & money market securities


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

Sector Allocation As on 31/01/2017

66.65Commercial Paper (CP)/Certificate of Deposits (CD)
20.56Treasury Bills
9.8CBLO & Term Deposits & Rev.Repo
2.81Debentures and Bonds
0.14Net Current Assets
0.04Government Dated Securities

Essential Downloads

Disclaimer

 

* for the quarter of  October - December 2016.  Source: ICRA MFI Explorer. 
*All data as on 31st January 2017.