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Factsheet as on December 31, 2024 |
Factsheet as on December 31, 2024
Structure
Open Ended
Fund Category
Corporate Bond/ Banking & PSU
Fund Manager
Deepak Agrawal, Abhishek Bisen
Exit Load
Nil
Fund Size
Rs 5,797 crs
Launch Date
Dec 29, 1998
Investment Objective
To generate income by predominantly investing in debt & money market securities issued by Banks, Public Sector Undertaking (PSUs), Public Financial Institutions (PFI), Municipal Bonds and Reverse repos in such securities, sovereign securities issued by the Central Government and State Governments, and/or any security unconditionally guaranteed by the Govt. of India. There is no assurance that or guarantee that the investment objective of the scheme will be achieved.
Credit quality
Scheme Performance
| 1 Year | 2 Years | 3 Years | 5 Years | |
| Scheme (%) | 7.96 | 7.38 | 6.11 | 6.53 |
| Nifty Short Duration Debt Index | 7.63 | 7.42 | 6.19 | 6.54 |
Top 10 Holdings (Issuer Wise)
| Company Name | % of Assets |
| GOI | 22.08 |
| HDFC Bank Ltd. | 9.76 |
| REC Ltd. | 9.57 |
| Power Finance Corporation Ltd. | 9.27 |
| National Bank For Agriculture & Rural Development (Nabard) | 8.95 |
| Small Industries Development Bank Of India | 7.70 |
| DME Development Ltd. | 5.47 |
| National Housing Bank | 4.85 |
| Power Grid Corporation Of India Ltd. | 4.60 |
| Current Assets | 3.16 |
Year On Year Performance (Scheme V/S Nifty Short Duration Debt Index)
Debt Quants
| Yield to Maturity (%) | 7.43 |
| Modified Duration (yrs) | 3.64 |
| Average Maturity (yrs) | 5.55* |
Instrument Allocation (%)
Allocation (Maturity wise)
Source: MFI Explorer
Please refer to the disclaimer and glossaries
Kotak Mahindra Bank Limited, AMFI Registered Mutual Fund Distributor, ARN 1390
Kotak Mahindra Bank Limited, AMFI Registered Mutual Fund Distributor, ARN 1390