Overview of Kotak Corporate Bond Fund- Standard Plan

Mutual Fund

Kotak Corporate Bond Fund is an open ended debt fund under corporate bond category. It was launched on September 21, 2007. The investment objective of Kotak Corporate Bond Fund standard plan is to achieve capital and optimized return by primarily investing in corporate debt securities. But there is no guarantee on the return expected.

Kotak Corporate Bond Fund- Standard Plan is managed by Mr. Deepak Agrawal. The minimum investment for this fund is Rs. 5000. The ideal investment period in Kotak Corporate Bond Fund growth scheme is 1 year and above. Kotak Corporate Bond Fund exit load is nil.

Investment Facts of Kotak Corporate Bond Fund- Standard Plan

  • Kotak Corporate Bond Fund portfolio allocation includes 84.61% in bonds and debentures, 11.55% in Certificate of Deposits (CD)/ Commercial Paper (CP), 2.47% in net current assets and 1.37% in Term Deposits & TREP & Rev. Repo.
  • Kotak Corporate Bond Fund growth fund has been successful in overcoming the market fluctuations. The last 3 year and 5 year returns are 7.91% and 9.14% respectively which exceeded the benchmark index.
  • You can go for this mutual fund investment scheme online which is very easy and time saving.
  • Investors with an aim to earn regular income over a short term period with an exposure to high rated corporate bonds can easily invest in Kotak Corporate Bond Fund standard plan.

Top 5 Sectors of Kotak Corporate Bond Fund

S.No.

Holding Name

Net Assets (in %)

1

Miscellaneous

79.03

2

Miscellaneous

9.2

3

Miscellaneous

5.59

4

Miscellaneous

3.82

5

Miscellaneous

2.36

(as on 18/04/2019)

Top 10 Holdings of Kotak Corporate Bond Fund

S.No.

Holding Name

Net Assets (in %)

1

7.42% Power Finance Corporation Ltd.

6.35

2

Rent A Device Trust ( Underlying customer Reliance Retail )

5.59

3

8.81% L & T Finance Ltd.

5.34

4

7.95% PNB Housing Finance Ltd.

4.86

5

6.78% Reliance Industries Ltd.

4.2

6

7.82% SP Jammu Udhampur Highway Ltd. ( Funding against NHAI Annuity )

3.96

7

7.82% SP Jammu Udhampur Highway Ltd. ( Funding against NHAI Annuity )

3.9

8

7.59% Rural Electrification Corporation Ltd.

3.61

9

8.3% Reliance Industries Ltd.

3.58

10

8.71% HDB Financial Services Ltd.

3.57

(as on 18/04/2019)

Kotak Corporate Bond Fund Details

Launch Date- September 21, 2007

Fund Manager- Mr. Deepak Agrawal

Risk- Moderately Low

Benchmark- CRISIL Corporate Bond Fund Index

Return Since Launch- 9.31%

AUM- Rs. 1409.52 crore (as on 31st Mar, 2019)

Kotak Corporate Bond Fund performance table is shown below-

 

1-Year

3-Year

5-Year

10-Year

Fund

8.19

7.91

9.14

8.02

VR Bond

6.66

6.51

7.70

6.73

Category

6.47

6.94

7.89

7.23

Rank within Category

2

2

2

Number of funds in category

17

16

13

As on Apr 18, 2019

 

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