(Erstwhile Kotak Income Opportunities Fund)

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Kotak Credit Risk Fund (Erstwhile Kotak Income Opportunities Fund) is an open ended debt scheme.The investment objective of the scheme is to generate income by investing in debt /and money market securities across the yield curve and predominantly in AA rated and below corporate securities. The scheme would also seek to maintain reasonable liquidity within the fund.


 

Scheme Facts

Structure
An open ended debt scheme predominantly investing in AA and below rated corporate bonds (Excluding AA+ rated corporate bonds).
AUM*
₹ 5190.94 Cr.
AAUM*
₹ 5215.08 Cr.
Fund managers
Mr Deepak Agrawal
Conversion Date
May 11, 2010
Benchmark
CRISIL AA Short Term Bond Index.

Load structure

Entry load
Nil
Exit load
For redemption / switch out of upto 10% of the initial investment amount (limit) purchased or switched in within 1 year from the date of allotment : Nil. If units redeemed or switched out are in excess of the limit within 1 year from the date of allotment : 1%. If units are redeemed or switched out on or after 1 year from the date of allotment: Nil.

Other details

Min. Initial Inv.
` 5,000/-
Additional Inv.
` 1,000 & in multiples of ` 1
Standard Deviation ^
1.3 %
YTM^
9.78 %
Portfolio Modified Duration^
1.66 Yrs
Average maturity^
2.17 Yrs

 

NAV UPDATES

  • To get the latest NAV of Kotak Credit Risk Fund send
    SMS KOTAKMF NAV K< Scheme Option Code > to 56767
  • E.g.: KOTAKMF NAV K112

Scheme Option

Scheme Option Code

Direct Plan - Growth

190D

Direct Plan - Monthly Dividend

192D

Direct Plan - Quarterly Dividend

193D

Direct Plan - Weekly Dividend

191D

Direct Plan - Annual Dividend

194D

Regular Plan - Growth

190

Regular Plan - Monthly Dividend

192

Regular Plan - Quarterly Dividend

193

Regular Plan - Weekly Dividend

191

Regular Plan - Annual Dividend

194

 

Top 10 Companies As on 31/08/2018

7.22%U P Power Corporation Ltd ( Guaranteed By UP State Government ) (FITCH IND AA(SO))
6.54%Bank Of Baroda(^)(CARE AA)
6.09%S D Corporation Pvt. Ltd. ( DSRA Guarantee from Shapoorji Pallonji and Company Private Limited) (^)(CARE AA+(SO))
5.22%Suraksha Realty Ltd. ( Secured by Equity shares of Sun Pharmaceuticals Industries Ltd ) (CARE A1+(SO))
4.62%Manappuram Finance Ltd.(^)(ICRA AA-)
4.11%Piramal Enterprises Ltd.(^)(ICRA AA)
3.90%Sarvoday Advisory Services Pvt. Ltd. ( Secured by Equity shares of JSW Energy Ltd. and JSW Steel Ltd. ) (BRICKWORK BWR A(SO))
3.74%SVL Ltd ( Guaranteed by Shriram Transport Finance ) (ICRA AA(SO))
3.66%Edelweiss Commodities Services Ltd. ( Put options on ECL Finance) (ICRA AA)
3.39%Rent A Device Trust ( ) (ICRA AAA(SO))
 

RATING PROFILE IN As on 31/08/2018

0.93%Unrated
0.64%BBB
0.21%CBLO & Term Deposits & Rev.Repo
54.05%AA+, AA+(SO), AA, AA(SO), BWR AA, IND AA, IND AA(SO), AA-, AA-(SO), BWR AA-(SO), IND AA-
29.16%A+, A+(SO), BWR A+, BWR A+(SO), A, BWR A(SO)
12.64%A1+, AAA, IND AAA
2.37%Net Current Assets
 

SUITABLE FOR INVESTORS WHO ARE SEEKING*

Income over a medium term investment horizon


nvestment predominantly in in AA and below rated corporate bonds (Excluding AA+ rated corporate bonds).


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

Sector Allocation As on 31/08/2018

92.24Debentures and Bonds
5.18Commercial Paper (CP)/Certificate of Deposits (CD)
2.37Net Current Assets
0.21CBLO & Term Deposits & Rev.Repo

Essential Downloads

Disclaimer

 

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