Overview
Kotak Liquid Direct Growth
Kotak Mahindra Mutual Fund
The scheme seeks to provide a high level of liquidity along with reasonable returns through investments in money and other short-term debt instruments.
Investments in Kotak Liquid Direct Growth are subject to market risks. Please read the offer document carefully before investing to understand the potential market risks and rewards.
Latest NAV
₹ 5263.2978
Fund Size (AUM)
₹31250.86 Cr
Risk
Moderate (Risk rating: 3/10)
Minimum Investment
Lumpsum: ₹ 100
SIP: ₹100
Launch Date
01-Jan-2013
Expense Ratio
0.2%
Exit Load
Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days.
Benchmark
NIFTY Liquid Index A-I
Standard Deviation
0.31
History
Performance & Ratios
1-Year SIP Return
7.56%
3-Year SIP Return
7.31%
5-Year SIP Return
6.42%
Mean Return
6.59%
Alpha
1.82
Beta
0.67
Sharpe Ratio
1.37
Sortino Ratio
1.37
Information Ratio
11.86
Returns
| 1Y | 3Y | 5Y | All Time | |
|---|---|---|---|---|
| Fund Returns | 7.37% | 6.86% | 5.49% | 6.06% |
| Category Average | 7.1% | 6.67% | 5.32% | N/A |
| Rank Within Category | 17 | 21 | 20 | N/A |
Holdings (103)
| Company | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | CD | 4.73% |
| Reserve Bank of India | Financial | T-Bills | 3.96% |
| Small Industries Devp. Bank of India Ltd. | Financial | CP | 3.95% |
| GOI | Sovereign | GOI Sec | 3.93% |
| Punjab National Bank | Financial | CD | 3.17% |
| National Bank For Agriculture & Rural Development | Financial | CP | 3.17% |
| Reserve Bank of India | Financial | T-Bills | 3.17% |
| National Bank For Agriculture & Rural Development | Financial | CP | 3.16% |
| Reserve Bank of India | Financial | T-Bills | 3.16% |
| Punjab National Bank | Financial | CD | 3.15% |
Holdings Analysis
Peer Comparison
Peer Comparison
| Fund Name | AUM (₹ Cr) | 1Y Return (%) | 3Y Return (%) | Expense Ratio (%) | Rating |
|---|---|---|---|---|---|
| Aditya Birla Sun Life Liquid Fund Direct Growth | 41051.49 | 7.44 | 6.94 | 0.21 | N/A |
| Mahindra Manulife Liquid Fund Direct Growth | 1025.78 | 7.4 | 6.93 | 0.14 | N/A |
| Union Liquid Fund Direct Growth | 3206.36 | 7.41 | 6.92 | 0.07 | N/A |
| Edelweiss Liquid Direct Growth | 5243.37 | 7.43 | 6.92 | 0.09 | N/A |
| Bajaj Finserv Liquid Fund Direct Growth | 4200.75 | 7.4 | N/A | 0.11 | N/A |
SIP, STP & SWP Details
Systematic Investment Plan (SIP):
SIP Not Available for investment
Systematic Transfer Plan (STP):
Frequency: MONTHLY
Dates: Any day of the month
Min Amount: ₹ 1000
Min Installments: 6
Systematic Withdrawal Plan (SWP):
Frequency: MONTHLY
Dates: Any day of the month
Min Amount: ₹ 1000
Min Installments: 6
AMC Details
Asset Management Company
Kotak Mahindra Mutual Fund
Kotak Mahindra Mutual Fund started their mutual fund on 23/06/1998 and its managing total assets of ₹1,10,832 Cr. Its ranked at 7 as per total assets at end of 30th Sep 2017. Kotak Mahindra Mutual Fund employs robust strategies to manage market risks, but investments remain subject to market risks. Please read the fund’s documentation for detailed risk management policies.
Kotak Group is India's first NBFC. It has about 80 branches that offer mutual fund services. It also has overseas branches in Abu Dhabi, Dubai, London, New York, Texas, California and Singapore.
Kotak Group has a market capitalization of USD 26.98 Bn and around 46,000+ employees working under it. The asset management company offers various funds across different market capitalization for investors with varying risk appetite and ideal investment duration.
The vision of Kotak mutual funds is to be an ethical market player in the Indian mutual fund industry and it strives to offer the best products to its investors. Kotak has a legacy of many years and therefore, its brand value helps its products to stand-out in the market. The AMC has garnered over 10 lakh customers, within the span of 12 years.
Launch Date
1994-08-05T00:00:00.475Z
Total AUM
₹ 473887.31 Cr
Address
The Capital Building, Behind ICICI Bank, G Block BKC, Bandra Kurla ComplexBandra (E) Mumbai 400051
Phone
022-61152100 / 1800-22-2626
Website
Sub Type
Gilt
Sub Type Info
Invest predominantly in Government Securities(minimum 80% of total assets). They are relatively more risky than the other debt funds due to fluctuating interest rates.
Tax Impact
Returns are taxed as per your Income Tax slab.
Stamp Duty
0.005% (from July 1st, 2020)
Fund Manager Details
Compare with Another Fund
Kotak Liquid Direct Growth
Kotak Mahindra Mutual Fund
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Frequently Asked Questions
How is the overall rating calculated?
The overall rating for Kotak Liquid Direct Growth is an aggregate score based on performance metrics (returns over 1, 3, and 5 years), risk-adjusted returns (Sharpe and Sortino ratios), and consistency relative to its category. Ratings are on a scale of 1 to 5, with 5 being the highest.
What are the top stocks of Kotak Liquid Direct Growth?
The top stocks held by Kotak Liquid Direct Growth include HDFC Bank Ltd., Reserve Bank of India, Small Industries Devp. Bank of India Ltd..
Which industries does Kotak Liquid Direct Growth invest in?
Kotak Liquid Direct Growth primarily invests in the following industries: Financial, Sovereign, Energy.
Who is the fund manager of Kotak Liquid Direct Growth?
The fund manager of Kotak Liquid Direct Growth is Deepak Agrawal.
How many years has the fund manager been managing Kotak Liquid Direct Growth?
Deepak Agrawal: Calculating...
What is the minimum investment for Kotak Liquid Direct Growth?
The minimum investment for Kotak Liquid Direct Growth is ₹100 for lumpsum investments and ₹100 for SIPs.
What are the average 1-year returns for Kotak Liquid Direct Growth?
Calculating...
What are the average 3-year returns for Kotak Liquid Direct Growth?
Calculating...
What is the expense ratio of Kotak Liquid Direct Growth, and how does it compare to its category?
The expense ratio of Kotak Liquid Direct Growth is 0.2%. The average expense ratio for similar funds in the Debt is Calculating....