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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*
₹ 12501.77 Cr.
AAUM*
₹ 12648.5 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 Payout & Reinvestment Option & 1,00,000 under Daily Dividend Reinvestment Option
Additional Inv.
` 1000 & in multiples of Re. 1
Standard Deviation ^
0.16 %
YTM^
6.73 %
Portfolio Modified Duration^
0.12 Yrs
Average maturity^
0.12 Yrs
 

Top 10 Companies As on 30/04/2018

11.04%National Bank for Agriculture & Rural Development(ICRA A1+)
9.90%Reliance Jio Infocomm Ltd.(CRISIL A1+)
9.83%National Housing Bank(ICRA A1+)
7.86%Muthoot Finance Ltd.(CRISIL A1+)
6.84%Reliance Industries Ltd.(CRISIL A1+)
5.66%Tata Steel Ltd.(CRISIL A1+)
4.33%Piramal Enterprises Ltd.(CRISIL A1+)
3.95%Suraksha Realty Ltd. ( Secured by Equity shares of Sun Pharmaceuticals Industries Ltd ) (CARE A1+(SO))
3.60%Suraksha Asset Reconstruction Pvt. Ltd. ( Secured by Equity shares of Sun Pharmaceuticals Industries Ltd ) (CARE A1+(SO))
3.03%Union Bank of India(ICRA A1+)
 

RATING PROFILE IN As on 30/04/2018

0.58%AA-, IND AA-
0.32%CBLO & Term Deposits & Rev.Repo
0.23%Net Current Assets
98.87%A1+, A1+(SO), AAA, IND A1+(SO)
 

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 30/04/2018

97.05Commercial Paper (CP)/Certificate of Deposits (CD)
2.4Debentures and Bonds
0.32CBLO & Term Deposits & Rev.Repo
0.23Net Current Assets

Essential Downloads

Disclaimer

 

Source: ICRA MFI Explorer. 
*All data as on 30th Apr 2018.