Debt Floating Rate Moderate Risk
The primary objective of the Scheme is to generate income through investment primarily in floating rate debt instruments, fixed rate debt instruments swapped for floating rate returns and money market instruments.However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.
Expert-managed portfolios tailored to your financial goals.
Estimation is based on the past performance
| Floating Rate | 1M | 3M | 6M | 9M | 1Y | 2Y | 3Y | 4Y | 5Y | 10Y | ALL |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund returns | 0.33% | 0.69% | 1.94% | 3.81% | 5.32% | 7.41% | 7.38% | 7.15% | 6.24% | 0% | 6.79% |
| Category returns | 0.42% | 1.01% | 2.18% | 3.98% | 5.03% | 7.21% | 7.28% | 7.09% | 6.24% | 6.87% | N/A |
| Absolute returns | 0.33% | 0.69% | 1.94% | 3.81% | 5.32% | 15.38% | 23.85% | 31.91% | 35.38% | 0% | 59.05% |
| Rank within category | 9 | 11 | 10 | 10 | 5 | 2 | 7 | 7 | 7 | 6 | N/A |
| Total Schemes in Category | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 10 | 5 | N/A |
| Floating Rate | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Yearly returns | N/A | 11.21% | 4.2% | 3.47% | 7.23% | 8.2% | 8.21% | 1.71% |
| Q1 returns | N/A | 2.31% | -0.48% | 0.91% | 1.57% | 1.83% | 2.07% | 0.87% |
| Q2 returns | N/A | 3.6% | 2.03% | -0.64% | 1.95% | 1.93% | 2.81% | 0.83% |
| Q3 Returns | 1.86% | 1.7% | 2% | 1.75% | 1.92% | 2.35% | 1.49% | N/A |
| Q4 Returns | 1.11% | 3.16% | 0.61% | 1.43% | 1.6% | 1.84% | 1.6% | N/A |
Expense ratio: 0.63%
Inclusive of GST
Exit load
Nil
| Alpha | 0.0681479 |
| Beta | 0.2266 |
| Sharpe Ratio | 0.228646 |
| Sortino Ratio | 0.241793 |
| R-Squared | 0.3846 |
| Tracking Error | 0.5944 |
| Downside Risk | 0.7598 |
| Std. Deviation (Annualised) | 0.9109 |
| Floating Rate | 1M | 3M | 6M | 9M | 1Y | 3Y | 5Y | 10Y | ALL | Fund Size (Cr) | Expense Ratio | Sharpe | Risk |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Axis Floater Fund - Regular Plan - Growth | 0.58% | 1.08% | 2.49% | 4.21% | 3.86% | 7.55% | 0% | 0% | 6.6% | 143.43 | 0.50 | 0.13 | Moderately High |
| HDFC Floating Rate Debt Fund - Growth | 0.5% | 1.05% | 2.26% | 4.12% | 5.48% | 7.5% | 6.54% | 7.13% | 7.72% | 16,405.20 | 0.54 | 0.30 | Moderate |
| DSP Floater Fund - Regular Plan - Growth | 0.53% | 0.66% | 1.61% | 3.22% | 4.26% | 7.46% | 6.24% | 0% | 6.37% | 322.75 | 0.45 | 0.20 | Moderate |
| ICICI Prudential Floating Interest Fund - Growth | 0.49% | 1.09% | 2.27% | 4.27% | 5.85% | 7.46% | 6.42% | 6.98% | 7.57% | 7,567.21 | 0.76 | 0.26 | Low to Moderate |
| SBI Floating Rate Debt Fund - Regular plan - Growth | 0.31% | 1.29% | 2.76% | 4.15% | 5.43% | 7.45% | 6.41% | 0% | 6.21% | 674.97 | 0.56 | 0.27 | Moderate |
| Franklin India Floating Rate Fund - Growth | 0.12% | 0.83% | 2.33% | 4.09% | 5.17% | 7.45% | 6.29% | 6.23% | 5.97% | 293.31 | 0.84 | 0.23 | Moderate |
| Kotak Floating Rate Fund - Regular Plan - Growth Current | 0.33% | 0.69% | 1.94% | 3.81% | 5.32% | 7.38% | 6.24% | 0% | 6.79% | 3,128.34 | 0.63 | 0.23 | Moderate |
| Aditya Birla Sun Life Floating Rate Fund - Growth | 0.35% | 1.19% | 2.29% | 4.13% | 5.63% | 7.24% | 6.4% | 7.06% | 7.84% | 13,444.60 | 0.36 | 0.28 | Low to Moderate |
| Nippon India Floater Fund - Growth | 0.49% | 0.76% | 1.68% | 3.62% | 4.68% | 7.16% | 6.16% | 6.97% | 7.41% | 7,522.06 | 0.65 | 0.14 | Moderate |
| Bandhan Floater Fund - Regular Plan - Growth | 0.58% | 1.26% | 2.13% | 3.92% | 4.74% | 7.06% | 5.99% | 0% | 5.89% | 217.42 | 0.62 | 0.11 | Moderate |
| Instrument Allocation | Instrument | Assets % |
|---|---|---|
|
|
Corporate Debt | 75.45% |
| Government Securities | 14.29% | |
| Cash & Cash Equivalents and Net Assets | 3.11% | |
| PTC & Securitized Debt | 5.90% | |
| Certificate of Deposit | 0.75% | |
| Alternative Investment Fund | 0.50% |
| Sector Allocation | Sector | Assets % |
|---|---|---|
| Others | 99.50% | |
| Alternative Investment Fund | 0.50% |
| Name | Sector | Instrument | Assets % |
|---|---|---|---|
| 6.92% Power Finance Corporation Ltd.(^)** | Corporate Debt | 6.31% | |
| 7.19% Karnataka State Govt - 2032 - Karnataka(^) | Government Securities | 6.17% | |
| 7.31% Tamil Nadu State Govt - 2033 - Tamil Nadu(^) | Government Securities | 5.74% | |
| 6.95% REC LTD** | Corporate Debt | 5.52% | |
| 7.96% PIPELINE INFRASTRUCTURE LIMITED(^)** | Corporate Debt | 5.28% | |
| JUBILANT BEVCO LIMITED ( Axis Trustee Services Limitedstep up or down 25 bps for every rating chang) (^)** | Corporate Debt | 3.48% | |
| JTPM METAL TRADERS PVT LTD ( CATALYST TRUSTEESHIP LIMITE) (^)** | Corporate Debt | 3.36% | |
| 8.05% TATA CAPITAL HOUSING FINANCE LTD.(^)** | Corporate Debt | 3.20% | |
| 8.45% MUTHOOT FINANCE LTD.(^)** | Corporate Debt | 3.18% | |
| 7.86% TATA CAPITAL HOUSING FINANCE LTD.(^)** | Corporate Debt | 3.18% | |
| 7.27% NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT(^)** | Corporate Debt | 3.15% | |
| 6.92% DLF Cyber City Developers Ltd(^)** | Corporate Debt | 3.13% | |
| 7.45% BHARTI TELECOM LTD.(^)** | Corporate Debt | 3.13% | |
| 7.25% EMBASSY OFFICE PARKS REIT(^)** | Corporate Debt | 3.12% | |
| Net Current Assets/(Liabilities) | Cash & Cash Equivalents and Net Assets | 3.11% | |
| 7.96% EMBASSY OFFICE PARKS REIT(^)** | Corporate Debt | 2.88% | |
| 9.09% MUTHOOT FINANCE LTD.(^)** | Corporate Debt | 2.43% | |
| 8.12% BAJAJ FINANCE LTD.(^)** | Corporate Debt | 2.40% | |
| 7.25% Karnataka State Govt - 2031 - Karnataka | Government Securities | 2.38% | |
| 7.1% NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT(^)** | Corporate Debt | 2.35% | |
| 7.85% BAJAJ HOUSING FINANCE LTD.(^)** | Corporate Debt | 2.23% | |
| PTC SIDDHIVINAYAK SECURITISATION TRUST 28/09/2030(SIDDHIVINAYAK TRUST)** | PTC & Securitized Debt | 2.18% | |
| PTC SHIVSHAKTI SECURITISATION TRUST 28/09/2029(SHIVSHAKTI TRUST)** | PTC & Securitized Debt | 2.18% | |
| 8.55% HDFC BANK LTD.(^)** | Corporate Debt | 1.62% | |
| 9.31% VEDANTA LTD. ( Axis Trustee Services Ltd.) (^)** | Corporate Debt | 1.60% | |
| 7.53% NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT(^)** | Corporate Debt | 1.59% | |
| 7.42% Power Finance Corporation Ltd.(^)** | Corporate Debt | 1.59% | |
| 7.73% EMBASSY OFFICE PARKS REIT(^)** | Corporate Debt | 1.59% | |
| 7.75% LIC HOUSING FINANCE LTD.(^)** | Corporate Debt | 1.59% | |
| 7.3% TATA CAPITAL HOUSING FINANCE LTD.(^)** | Corporate Debt | 1.58% | |
| 7.27% Power Finance Corporation Ltd.(^)** | Corporate Debt | 1.56% | |
| 7.55% L&T METRO RAIL (HYDERABAD) LTD ( Axis Trusteeship services Ltd . Guaranteed by Larsen & Toubro Limited.) (^)** | Corporate Debt | 1.55% | |
| PTC DHRUVA TRUST (SERIES A1) 24/03/2030 (MAT 24/10/2029)(DHRUVA TRUST)** | PTC & Securitized Debt | 1.36% | |
| 7.51% SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA(^)** | Corporate Debt | 0.79% | |
| 7.59% L & T FINANCE LTD.(^)** | Corporate Debt | 0.79% | |
| HDFC BANK LTD.** | Certificate of Deposit | 0.75% | |
| SBI ALTERNATIVE INVESTMENT FUND | Alternative Investment Fund | Alternative Investment Fund | 0.50% |
| 7.96% PIPELINE INFRASTRUCTURE LIMITED** | Corporate Debt | 0.48% | |
| 9.25% Bahadur Chand Investments Private Limited** | Corporate Debt | 0.40% | |
| 9.25% Bahadur Chand Investments Private Limited** | Corporate Debt | 0.40% | |
| PTC VAJRA TRUST (SERIES A1) 20/02/2029 (MAT 20/02/2027)(VAJRA TRUST)** | PTC & Securitized Debt | 0.17% | |
| 7.1% Central Government - 2034 | Government Securities | 0.00% | |
| Total | 100.00% |
Mr. Deepak Agrawal's career has started from Kotak AMC when he joined the organization in December 2002, where he was initially in Research, Dealing and then moved into Fund Management from November 2006.
Mr. Manu Sharma has over 17 years of experience in the fields of Fixed Income Fund Management, Operations, Finance Audit and Taxation. He joined Kotak AMC from Deskera Systems in September 2019 and was based out of Bangalore/Singapore for one year. Prior to it Mr. Manu was with Kotak AMC since September 2006 to June 2018 and has handled major assignments like the Fund Management, Operations and Finance for the KotakAMC.
AMC
RETURNS
It is an Open ended scheme that primarily invests in Floating Rate.
The primary objective of the Scheme is to generate income through investment primarily in floating rate debt instruments, fixed rate debt instruments swapped for floating rate returns and money market instruments.However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.
The scheme benchmark is the Nifty Short Duration Debt Index
It is classified as Moderate Risk, suitable for investors with a Moderate risk appetite.
Returns Delivered by the funds are as follows:
1-year: 5.32%
3-year: 7.38%
5-year: 6.24%
Top holdings include names such as:
The NAV is around ₹1,590.48 (approx.) for the Kotak Floating Rate Fund - Regular Plan - Growth.
The fund’s AUM is approximately ₹3,128 Cr.
The expense ratio for the Regular Plan is 0.63.
Nil.
Minimum SIP starts at ₹100.
The minimum lump sum investment is ₹100. Often platforms may require higher in practice, but the statutory minimum remains the same.
You can start a SIP through:
Broker/agent platform like Sharescart.
Enter KYC details, choose the Regular Growth option, set SIP amount/frequency, and submit.
Yes. You can modify your SIP amount or frequency anytime online through the Sharescart platform.
You can redeem online via the Sharescart platform — choose the scheme, select the amount/units, and submit. Proceeds are credited to your bank account.
The fund managers: Deepak Agrawal, Manu Sharma
This fund is suitable for investors with a Moderate risk tolerance.
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