Kotak Credit Risk Fund - Monthly Dividend

(Erstwhile Kotak Income Opportunities Fund - Monthly Dividend)
Category: Debt: Credit Risk
Launch Date: 11-05-2010
Asset Class: Fixed Interest
Benchmark: CRISIL Composite AA Short-Term Bond Index
Expense Ratio: 1.7% As on (31-10-2019)
Status: Open Ended Schemes
Minimum Investment: 5000.0
Minimum Topup: 1000.0
Total Assets: 4,814.78 Cr As on (31-10-2019)
Turn over: - | Exit Load: 1.00% - 365 days

10.2935

6.41%

PERFORMANCE

Returns Type:
of  
Start :  
End : 
Period:  
This Scheme
-
vs
S&P BSE India Bond Index
-
Gold
-
PPF
-
Returns Type:
of  
  Period:  

Start :  
Period:  

RETURNS ANALYSIS

Fund Multiplier

Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)

Time Taken To Multiply
2x
4x
5x
10x
FUND
There is no value for 2x
There is no value for 4x
There is no value for 5x
There is no value for 10x
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months

 

Investment Objective

The scheme aims to maximise returns through an active management of a portfolio of debt and money market securities.

Current Asset Allocation (%)

Indicators

Volatility 1.24
Sharp Ratio 2.83
Alpha -3.33
Beta 1.08
Yield to Maturity 9.08
Average Maturity 2.39

PEER COMPARISON

Scheme Name Inception
Date
1 Year
Return(%)
2 Year
Return(%)
3 Year
Return(%)
5 Year
Return(%)
10 Year
Return(%)
Kotak Credit Risk Fund - Monthly Dividend 11-05-2010 5.96 4.94 4.87 5.73 -
ICICI Prudential Credit Risk Fund - Growth 05-12-2010 9.35 7.77 7.5 8.21 -
IDFC Credit Risk Fund-Regular Plan-Growth 27-02-2017 9.02 6.64 - - -
Kotak Credit Risk Fund - Growth 11-05-2010 8.88 7.27 7.04 8.16 -
HDFC Credit Risk Debt Fund - Growth Option 05-03-2014 8.63 6.63 6.67 8.03 -
Mahindra Credit Risk Yojana - Regular Plan - Growth 10-08-2018 7.39 - - - -
SBI CREDIT RISK FUND - REGULAR PLAN - GROWTH 14-07-2004 6.41 6.01 6.37 7.86 8.48
Axis Credit Risk Fund - Regular Plan - Growth 15-07-2014 4.35 4.8 5.38 6.95 -
Franklin India Credit Risk Fund - Growth 07-12-2011 4.18 5.84 6.73 7.63 -
Baroda Credit Risk Fund -Plan B-Growth Option 08-01-2015 3.33 4.86 6.54 - -

Scheme Characteristics

Minimum investment in corporate bonds - 65% of total assets (investment in below highest rated instruments).

Riskometer

riskometer

PORTFOLIO

Market Cap Distribution

Others

100.0%

Scheme Documents

There are no scheme documents available

Tax Benefits of investing in this fund

Long term capital gains (LTCG) tax @20% (plus surcharge, if applicable and cess) with indexation if units held for more than 36 months

Short term capital gains (STCG) tax at the income tax slab rate applicable to the investor, if units are held for less than 36 months

Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @29.12% ( 25% + 12% surcharge + 4% Health & education cess) for Individuals and @ 34.944% ( 30% + 12% surcharge + 4% Health & education cess) for any other person **

In case of an investor being NRI, LTCG tax are chargeable @ 10% (plus surcharge, if applicable and cess) without indexation relating to units redeemed from unlisted schemes.

** The DDT is to be paid by the mutual fund

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