| KOTAK MONEY MARKET FUND
An open ended debt scheme investing in money market instruments
| KOTAK MONEY MARKET FUND
An open ended debt scheme investing in money market instruments

  

  
Investment Objective
The investment objective of the Scheme is to generate returns by investing in money market instruments having maturity upto 1 year. There is no assurance that the investment objective of the Scheme will be realised.
The investment objective of the Scheme is to generate returns by investing in money market instruments having maturity upto 1 year. There is no assurance that the investment objective of the Scheme will be realised.
Issuer/Instrument Industry/
Rating
% to Net
Assets

Debt Instruments
Debentures and Bonds
Corporate Debt/Financial Institutions
Government Dated Securities
7.80% Central Government SOV 5.17
8.36% State Government-Madhya Pradesh SOV 4.13
8.15% State Government-Rajasthan SOV 1.47
7.94% Central Government SOV 0.65
Government Dated Securities - Total 11.42
Money Market Instruments
Commercial Paper(CP)/Certificate of Deposits(CD)
Corporate Debt/Financial Institutions
Reliance Industries Ltd. CRISIL A1+ 7.44
LIC Housing Finance Ltd. CRISIL A1+ 7.09
Adani Ports and Special Economic Zone Limited ICRA A1+ 4.63
HDFC Ltd. CRISIL A1+ 4.08
Hindustan Zinc Ltd. CRISIL A1+ 3.58
Hero FinCorp Ltd. CRISIL A1+ 3.00
Reliance Retail Ventures Ltd CRISIL A1+ 2.57
Bharti Airtel Ltd. CRISIL A1+ 2.29
AXIS Bank Ltd. CRISIL A1+ 2.11
Larsen and Toubro Ltd. CRISIL A1+ 2.03
Can Fin Homes Ltd. ICRA A1+ 2.02
Bharti Hexacom Ltd. CRISIL A1+ 2.01
AU Small Finance Bank Ltd. CRISIL A1+ 1.98
Bajaj Housing Finance Ltd. CRISIL A1+ 1.97
Birla Group Holding Private Limited CRISIL A1+ 1.54
Godrej Properties Limited CRISIL A1+ 1.52
Standard Chartered Investment & Loan India Ltd. CRISIL A1+ 1.52
IndusInd Bank Ltd. CRISIL A1+ 1.29
Bahadur Chand Investments Private Limited ICRA A1+ 1.26
JM Financial Products Limited CRISIL A1+ 1.23
Manappuram Finance Ltd. CRISIL A1+ 1.03
ICICI Securities Limited CRISIL A1+ 1.02
Indus Towers Ltd. CRISIL A1+ 1.02
Tata Capital Financial Services Limited CRISIL A1+ 1.02
Daimler Financial Services India CRISIL A1+ 0.99
Barclays Investments & Loan (India) Ltd. CRISIL A1+ 0.93
Network18 Media & Investments Ltd. CRISIL A1+ 0.51
Deutsche Investments India Pvt. Ltd. CRISIL A1+ 0.26
Corporate Debt/Financial Institutions - Total 61.94
Public Sector Undertakings
National Bank for Agriculture & Rural Development FITCH IND A1+ 5.10
Small Industries Development Bank Of India CARE A1+ 3.09
National Bank for Agriculture & Rural Development ICRA A1+ 2.55
National Thermal Power Corporation Ltd. CRISIL A1+ 1.52
National Bank for Agriculture & Rural Development CRISIL A1+ 1.02
National Bank for Agriculture & Rural Development FITCH A1+(IND) 0.94
Power Finance Corporation Ltd. CRISIL A1+ 0.76
Public Sector Undertakings - Total 14.98
Treasury Bills
182 Days Treasury Bill 06/05/2021 SOV 2.87
182 Days Treasury Bill 27/05/2021 SOV 1.53
364 Days Treasury Bill 07/05/2021 SOV 1.09
182 Days Treasury Bill 18/03/2021 SOV 0.51
Treasury Bills - Total 6.00
Triparty Repo 4.54
Net Current Assets/(Liabilities) 1.12
Grand Total 100.00

Systematic Investment Plan (SIP) If you had invested Rs 10,000 every month
Monthly SIP of (₹) 10000 Since Inception 10 years 7 years 5 years 3 years 1 year
Total amount invested (Rs) 21,20,000 12,00,000 8,40,000 6,00,000 3,60,000 1,20,000
Total Value as on Feb 26, 2021 (Rs) 43,29,522 17,61,754 10,75,550 7,09,468 3,95,322 1,22,736
Scheme Returns (%) 7.55 7.47 6.97 6.66 6.21 4.34
Nifty Money Market Index Returns (%) 7.62 7.23 6.62 6.20 5.67 4.00
Alpha -0.07 0.24 0.35 0.46 0.54 0.34
Nifty Money Market Index (Rs)# 43,58,581 17,39,732 10,62,267 7,01,327 3,92,140 1,22,524
CRISIL 1 Year T-Bill Index (Rs)^ 38,84,755 17,04,233 10,61,529 7,03,884 3,94,728 1,22,521
CRISIL 1 Year T-Bill Index Returns (%) 6.46 6.83 6.60 6.35 6.11 4.00

Scheme Inception : - July 14, 2003. The returns are calculated by XIRR approach assuming investment of ₹10,000/- on the 1st working day of every month. XIRR helps in calculating return on investments given an initial and final value and a series of cash inflows and outflows and taking the time of investment into consideration. Since inception returns are assumed to be starting from the beginning of the subsequent month from the date of inception. # Benchmark ; ^ Additional Benchmark.
Alpha is difference of scheme return with benchmark return.
NAV
Growth OptionRs3453.6335
Direct Growth OptionRs3470.1117
Daily Dividend Rs1021.9578
Direct Daily DividendRs1039.079
Weekly Dividend Rs1024.7347
Direct Weekly Dividend Rs1022.2848
Monthly Dividend Rs1033.7937
Direct Monthly Dividend Rs1015.9242

Available Plans/Options

A) Regular Plan B) Direct Plan
Options: Dividend Payout (w.e.f May 15, 2017, Under Monthly Dividned option only), Dividend Reinvestment & Growth (applicable for all plans)


Fund Manager Mr. Deepak Agrawal*
BenchmarkNifty Money Market Index
Allotment dateJuly 14, 2003
AAUMRs9,618.65 crs
AUMRs8,612.30 crs
Folio count11,944

Dividend Frequency

Daily, Weekly (Every Monday) and Monthly (12th of every Month)


Ratios
Average Maturity0.29 yrs
Modified Duration0.29 yrs
Portfolio Yield3.73%
Macaulay Duration0.29 yrs
$Standard Deviation0.58%
Source: $ICRAMFI Explorer. Standard Deviation is calculated on Annualised basis using 3 years history of monthly returns.

Minimum Investment Amount

Initial Investment:Rs5000 Under growth, weekly dividend and monthly dividend option & Rs1,00,000 under Daily Dividend Reinvestment option,
Additional Investment: Rs1000 & in multiples of Rs1
Ideal Investment Horizon: 3-6 Months


Load Structure

Entry Load: Nil. (applicable for all plans)
Exit Load: Nil. (applicable for all plans)


Total Expense Ratio**

Regular: 0.32%; Direct: 0.22%


Data as on February 28, 2021


This product is suitable for investors who are seeking*:
  • Income over a short term investment horizon
  • Investment in money market securities

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


**Total Expense Ratio includes applicable B30 fee and GST
* For Fund Manager experience, please refer 'Our Fund Managers'
For last three dividends, please refer 'Dividend History'.
For scheme performance, please refer 'Scheme Performances'