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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*
₹ 11004.06 Cr.
AAUM*
₹ 15391.62 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.
` 5000 under Growth, Weekly Dividend and Monthly Dividend Reinvestment Option & 1,00,000 under Daily Dividend Reinvestment Option
Additional Inv.
` 1000 & in multiples of Re. 1
Standard Deviation ^
0.18 %
YTM^
6.71 %
Portfolio Modified Duration^
0.14 Yrs
Average maturity^
0.14 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 31/03/2017

12.19%Bharti Enterprises (Holding) Pvt. Ltd.(CRISIL A1+)
6.74%National Bank for Agriculture & Rural Development(CRISIL A1+)
5.74%Small Industries Development Bank Of India.(CARE A1+)
5.62%Piramal Finance Limited(ICRA A1+)
5.29%Reliance Jio Infocomm Limited(CARE A1+)
5.25%Suraksha Realty Ltd ( Secured by Equity shares of Sun Pharmaceuticals Industries Ltd ) (CARE A1+(SO))
4.50%IDFC Bank Limited(CRISIL A1+)
4.50%Tata Capital Financial Services Limited(ICRA A1+)
4.28%Steel Authority of India Ltd.(CARE A1+)
4.26%Muthoot Finance Ltd(CRISIL A1+)
 

RATING PROFILE IN As on 31/03/2017

95.17%A1+, A1+(SO), AAA, BWR A1+, IND A1+
3.28%Net Current Assets
0.01%AA+
1.54%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 31/03/2017

1.54CBLO & Term Deposits & Rev.Repo
92.73Commercial Paper (CP)/Certificate of Deposits (CD)
3.28Net Current Assets
2.45Debentures and Bonds

Essential Downloads

Disclaimer

 

* for the quarter of  October - December 2016.  Source: ICRA MFI Explorer. 
*All data as on 28th February 2017.