Can I invest in SIP and Lumpsum in Kotak Floating Rate Fund - Direct (G) Direct Growth?

Yes, you can invest both lumpsum and SIP in Kotak Floating Rate Fund - Direct (G). Minimum lumpsum investment Kotak Floating Rate Fund - Direct (G) is ₹100 and minimum SIP amount is ₹100 . Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.

What is the NAV of Kotak Floating Rate Fund - Direct (G) Direct Growth?

The latest NAV (Net Asset Value) of Kotak Floating Rate Fund - Direct (G) is Kotak Floating Rate Fund - Direct (G) is ₹1477.03 as on 2025-01-03.

Which are the biggest stock holdings of Kotak Floating Rate Fund - Direct (G)?

The 5 biggest stock holdings of Kotak Floating Rate Fund - Direct (G) are: S I D B I (4.67%), Bajaj Finance (4.55%), Pipeline Infra (4.45%), Mankind Pharma (4.01%), Tata Cap.Hsg. (2.69%)

What are the top sectors Kotak Floating Rate Fund - Direct (G) invests in?

A majority of Kotak Floating Rate Fund - Direct (G) 's AUM worth ₹3,764.6 (Cr) is invested in these 3 top sectors: There is no data for Top 3 sector holdings in the portfolio!

Mutual Funds
Kotak Floating Rate Fund - Direct (G)

Kotak Floating Rate Fund - Direct (G)

Floater Fund

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NAV
1477.03(0.02%)
Fund Size (CR)
₹3,772.37
Expense Ratio
0.25
Scheme Type
Active Fund
Value Research

Min. investment
₹100
Minimum Additional Investment
₹100
Minimum SIP Investment
₹100
Minimum Withdrawal
₹1,000
Exit Load
1% of applicable Net Asset Value - If the amount sought to be redeemed or switch out is invested for a period of up to 3 months from the date of allotment Nil - If the amount, sought to be redeemed or switch out is invested for a period of more than 3 months from the date of allotment
0%
Return Since Launch
7.15%

Absolute Return: 1.83%

Annualized Return: 0%

Basic Details

Scheme Manager

Deepak Agrawal

Bench Mark

NIFTY Short Duration Debt Index A-II

Type

OPEN

Lumpsum Returns

Period Invested For	₹10,000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	27 December 2024	10013.02	0.13%	-	0.15%	65/101
1 Month	3 December 2024	10044.82	0.45%	-	0.41%	46/101
3 Month	3 October 2024	10193.92	1.94%	-	1.64%	7/101
6 Month	3 July 2024	10436.23	4.36%	-	4.10%	20/101
1 Year	3 January 2024	10857.63	8.58%	8.58%	8.37%	27/101
3 Year	3 January 2022	12154.42	21.54%	6.72%	6.74%	46/101
5 Year	3 January 2020	14192.91	41.93%	7.25%	6.69%	7/54
Since Inception	14 May 2019	14770.31	47.70%	7.15%	6.81%	36/101

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For	₹10,000 Invested on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	1 February 2024	1,20,000	124693.89	3.91%	3.91%
3 Year	3 January 2022	3,70,000	415298.71	12.24%	3.92%
5 Year	3 February 2020	6,00,000	713163.33	18.86%	3.52%
10 Year	-	-	-	-	-

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

Investment type
Scheme based

SIP
Lumpsum

Monthly Investment (₹)

Expected Returns Rate (%)

Time Period (in Years)

Start your SIP now

Invested Amount
₹25,000
Estimated Returns
₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

0.30%

Standard Deviation

0.03%

Beta

-0.36%

Sharpe Ratio

3.12%

Treynor's Ratio

-0.56%

Jension's Alpha

Asset Allocation

Sector Allocation

There is no Sector Allocation data

Top 10 stock holding in portfolio

Stock Invested in	% of Total Holdings	Quantity	Value (Cr)	Asset Type	Segment
S I D B I	4.67%	17500	175.67	Corporate Debts	Debt Others
Bajaj Finance	4.55%	17000	171.31	Corporate Debts	Debt Others
Pipeline Infra	4.45%	16500	167.55	Corporate Debts	Debt Others
Mankind Pharma	4.01%	15000	150.91	Corporate Debts	Debt Others
Tata Cap.Hsg.	2.69%	10000	101.37	Corporate Debts	Debt Others
Tata Cap.Hsg.	2.68%	10000	100.72	Corporate Debts	Debt Others
Muthoot Finance	2.67%	10000	100.66	Corporate Debts	Debt Others
Tata Capital	2.53%	9500	95.08	Corporate Debts	Debt Others
Embassy Off.REIT	2.41%	9000	90.80	Corporate Debts	Debt Others
Muthoot Finance	2.03%	7500	76.36	Corporate Debts	Debt Others

Peer Comparison

Scheme Name	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Kotak Floating Rate Fund - Direct (G)	3772.37	0.45%	1.94%	4.36%	8.58%	6.72%
ICICI Pru Floating Interest Fund-Direct (IDCW-W)	8330.08	0.47%	2.40%	6.52%	11.88%	9.18%
AXIS Floater Fund - Direct (G)	233.23	0.15%	0.86%	4.38%	9.70%	7.35%
AXIS Floater Fund - Direct (IDCW-A)	233.23	0.15%	0.86%	4.37%	9.65%	7.31%
AXIS Floater Fund - Direct (IDCW-Q)	233.23	0.15%	0.85%	4.36%	9.64%	7.21%
AXIS Floater Fund - Direct (IDCW-M)	233.23	0.15%	0.85%	4.37%	9.64%	7.31%

News

Kotak Mahindra Mutual Fund announces change in Exit Load Structure

Kotak Mahindra Mutual Fund has announced change in exit load structure under following scheme stands revised with effect from 30 December 2024

Change in Exit Load:

Name of the Scheme	Existing Exit Load Structure	Revised Exit Load Structure
Kotak MNC Fund	' For redemption / switch out of upto 10% of the initial investment amount (limit) purchased or switched in within 1 year from the date of allotment: Nil. ' If units redeemed or switched out are in excess of the limit within 1 year from the date of allotment: 1% ' If units are redeemed or switched out on or after 1 year from the date of allotment: NIL	' For redemption / switch out within 90 days from the date of allotment: 0.5% ' If units are redeemed or switched out on or after 90 days from the date of allotment -Nil
Kotak ESG Exclusionary Strategy Fund	10% of the units allotted shall be redeemed without any Exit Load on or before completion of 1 Year from the date of allotment of units. Any redemption in excess of such limit within 1 year from the date of allotment shall be subject to the following Exit Load: ' If redeemed or switched out on or before completion of 1 year from the date of allotment of units ' 1.00% ' If redeemed or switched out after completion of 1 Year from the date of allotment of units ' NIL ' Redemption of units would be done on First in First out Basis (FIFO).	' For redemption / switch out within 90 days from the date of allotment: 0.5% ' If units are redeemed or switched out on or after 90 days from the date of allotment -Nil ' Redemption of units would be done on First in First out Basis (FIFO).
Kotak Manufacture in India Fund	' For redemption / switch out of upto 10% of the initial investment amount (limit) purchased or switched in within 1 year from the date of allotment: Nil. ' If units redeemed or switched out are in excess of the limit within 1 year from the date of allotment: 1% ' If units are redeemed or switched out on or after 1 year from the date of allotment: NIL.	' For redemption / switch out within 90 in days from the date of allotment: 0.5% ' If units are redeemed or switched out on or after 90 days from the date of allotment -Nil
Kotak Business Cycle Fund	' For redemption / switch out of upto 10% of the initial investment amount (limit) purchased or switched in within 1 year from the date of allotment: Nil. ' If units redeemed or switched out are in excess of the limit within 1 year from the date of allotment: 1% ' If units are redeemed or switched out on or after 1 year from the date of allotment: NIL	' For redemption / switch out within 90 days from the date of allotment: 0.5% ' If units are redeemed or switched out on or after 90 days from the date of allotment -Nil
Kotak Special Opportunities Fund	' For redemption / switch out of upto 10% of the initial investment amount (limit) purchased or switched in within 1 year from the date of allotment: Nil. ' If units redeemed or switched out are in excess of the limit within 1 year from the date of allotment: 1% ' If units are redeemed or switched out on or after 1 year from the date of allotment: NIL	' For redemption / switch out within 90 days from the date of allotment: 0.5% ' If units are redeemed or switched out on or after 90 days from the date of allotment -Nil
Kotak Pioneer Fund	' For redemption / switch out of upto 10% of the initial investment amount (limit) purchased or switched in within 1 year from the date of allotment: Nil. ' If units redeemed or switched out are in excess of the limit within 1 year from the date of allotment: 1% ' If units are redeemed or switched out on or after 1 year from the date of allotment: NIL'	' For redemption / switch out within 90 days from the date of allotment: 0.5% ' If units are redeemed or switched out on or after 90 days from the date of allotment -Nil
Kotak Infrastructure & Economic Reform Fund	' For redemption / switch out within 90 days from the date ' of allotment:1% ' If units are redeemed or switched out on or after 90 days ' from the date of allotment- Nil.	' For redemption / switch out within 90 days from the date of allotment: 0.5% ' If units are redeemed or switched out on or after 90 days from the date of allotment -Nil
Kotak Consumption Fund	' For redemption / switch out within 30 days from the date of allotment: 1% ' If units are redeemed or switched out on or after 30 days from the date of allotment: NIL	' For redemption / switch out within 90 days from the date of allotment: 0.5% ' If units are redeemed or switched out on or after 90 days from the date of allotment -Nil
Kotak Technology Fund	' For redemption / switch out within 30 days from the date of allotment: 1% ' If units are redeemed or switched out on or after 30 days from the date of allotment: NIL	' For redemption / switch out within 30 days from the date of allotment: 0.5% ' If units are redeemed or switched out on or after 30 days from the date of allotment: NIL
Kotak Healthcare Fund	' For redemption / within 30 days from the date of allotment: 1% ' If units are redeemed or switched out on or after 30 days from the date of allotment: NIL	' For redemption / switch out within 30 days from the date of allotment: 0.5% ' If units are redeemed or switched out on or after 30 days from the date of allotment: NIL
Kotak Banking & Financial Services Fund	' For redemption / switch out of upto 10% of the initial investment amount (limit) purchased or switched in within 1 year from the date of allotment: Nil. ' If units redeemed or switched out are in excess of the limit within 1 year from the date of allotment: 1%. ' If units are redeemed or switched out on or after 1 year from the date of allotment: NIL	' For redemption / switch out within 30 days from the date of allotment: 0.5% ' If units are redeemed or switched out on or after 30 days from the date of allotment: NIL

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Kotak Mahindra MF announces change in Tier ' 2 Benchmark index under its scheme

Kotak Mahindra Mutual Fund has announced change in the Tier ' 2 Benchmark shall be discontinued with effect from December 30, 2024.

Change in name of Benchmark of Kotak Money Market Fund

Scheme Name	Existing Benchmark (Tier 2)	Revised Benchmark (Tier 2)
Kotak Money Market Fund	Nifty Money Market Index	NIL
Kotak Bond Short Term Fund	Nifty Short Duration Debt Index	NIL
Kotak Savings Fund	Nifty Ultra Short Duration Debt Index	NIL
Kotak Medium Term Fund	Nifty Medium Duration Debt Index	NIL
Kotak Low Duration Fund	Nifty Low Duration Debt Index	NIL
Kotak Bond Fund	Nifty Medium to Long Duration Debt Index	NIL
Kotak Credit Risk Fund	Nifty Credit Risk Bond Index	NIL
Kotak Dynamic Bond Fund	Nifty Composite Debt Index	NIL
Kotak Liquid Fund	Nifty Liquid Index	NIL

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Kotak Mutual Fund announces change in Exit Load Structure

Kotak Mutual Fund has announced change in exit load structure under following scheme stands revised with effect from 23 December 2024

Change in Exit Load:

Name of the Scheme	Existing Exit Load Structure	Revised Exit Load Structure
Kotak Transportation & Logistics Fund	' For redemption / switch out within 30 days from the date of allotment: 1% ' If units are redeemed or switched out on or after 30 days from the date of allotment: NIL Any exit load charged (net off Goods and Services tax, if any) shall be credited back to the Scheme. Units issued on reinvestment of IDCW shall not be subject to entry and exit load. No exit load will be chargeable in case of switches made between different plans/options of the scheme. The AMC reserves the right to change / modify the Load structure the Scheme, subject to maximum limits as prescribed under the SEBI (MF) Regulations and circulars issued thereunder from time to time.	' For redemption / switch out within 90 days from the date of allotment: 0.5% ' If units are redeemed or switched out on or after 90 days from the date of allotment -Nil Any exit load charged (net off Goods and Services tax, if any) shall be credited back to the Scheme. Units issued on reinvestment of IDCW shall not be subject to entry and exit load. No exit load will be chargeable in case of switches made between different plans/options of the scheme. The AMC reserves the right to change / modify the Load structure the Scheme, subject to maximum limits as prescribed under the SEBI (MF) Regulations and circulars issued thereunder from time to time.

Name of the Scheme

Existing Exit Load Structure

Revised Exit Load Structure

Kotak Transportation & Logistics Fund

' For redemption / switch out within 30 days from the date of allotment: 1%

' If units are redeemed or switched out on or after 30 days from the date of allotment: NIL

Any exit load charged (net off Goods and Services tax, if any) shall be credited back to the Scheme.

Units issued on reinvestment of IDCW shall not be subject to entry and exit load.

No exit load will be chargeable in case of switches made between different plans/options of the scheme.

The AMC reserves the right to change / modify the Load structure the Scheme, subject to maximum limits as prescribed under the SEBI (MF) Regulations and circulars issued thereunder from time to time.

' For redemption / switch out within 90 days from the date of allotment: 0.5%

' If units are redeemed or switched out on or after 90 days from the date of allotment -Nil

Any exit load charged (net off Goods and Services tax, if any) shall be credited back to the Scheme.

Units issued on reinvestment of IDCW shall not be subject to entry and exit load.

No exit load will be chargeable in case of switches made between different plans/options of the scheme.

The AMC reserves the right to change / modify the Load structure the Scheme, subject to maximum limits as prescribed under the SEBI (MF) Regulations and circulars issued thereunder from time to time.

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Fund House Details & Investment Objective

Date of Incorporation

9 May 2019

Total AUM (Cr)

₹3764.60

Kotak Floating Rate Fund - Direct (G) is an Floater Fund-oriented fund from the renowned AMC, Kotak Mahindra Mutual Fund. Launched in 9 May 2019, this fund is managed by Deepak Agrawal. With assets under management (AUM) worth ₹3,764.6 (Cr), as of 3 January 2025, Kotak Floating Rate Fund - Direct (G) is categorized as a Floater Fund within its segment. The fund has generated a return of 7.15% since its launch.
The current NAV of Kotak Floating Rate Fund - Direct (G) is ₹1,477.03, as on 3 January 2025. The fund's benchmark index is NIFTY Short Duration Debt Index A-II. You can invest in Kotak Floating Rate Fund - Direct (G) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹100 while the minimum lumpsum investment is ₹100.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
Nil The fund has generated 6.72% and 7.25% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 97.70% in Debt and 2.30% in cash and cash equivalents.

FAQs

How to Invest in Kotak Floating Rate Fund - Direct (G) Direct Growth?

Kotak Floating Rate Fund - Direct (G) is a popular fund in the Floater Fund segment. The fund has generated a return of 7.15% since inception. Looking to invest in Kotak Floating Rate Fund - Direct (G) How about earning 1% extra return? All this is possible with m.Stock! Investing in Kotak Floating Rate Fund - Direct (G) is super easy and convenient with m.Stock. Here’s how you can begin:

Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
In the search bar, enter the fund name, in this case, Kotak Floating Rate Fund - Direct (G)
On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in Kotak Floating Rate Fund - Direct (G) today and reap the benefits of this Floater Fund fund!

How much returns has Kotak Floating Rate Fund - Direct (G) Direct Growth generated?

In the short term, i.e., 1 year, Kotak Floating Rate Fund - Direct (G) has generated annualised return of 8.58%. In the long-term, the fund has generated 6.72% and 7.25% in 3 and 5 years respectively. Since its inception, the fund has generated 7.15% returns.

What is the expense ratio of Kotak Floating Rate Fund - Direct (G) Direct Growth?

The expense ratio of Kotak Floating Rate Fund - Direct (G) Direct Growth is 0.25%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

What is the AUM of Kotak Floating Rate Fund - Direct (G) Fund Direct Growth?

The Assets Under Management (AUM) of Kotak Floating Rate Fund - Direct (G) is ₹3,764.6 (Cr) as of 2025-01-03 AUM shows the fund’s popularity and is often indicative of fund strength.

How to redeem or withdraw money from Kotak Floating Rate Fund - Direct (G) Direct Growth?

Redeeming or selling units of Kotak Floating Rate Fund - Direct (G) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.

To redeem from Kotak Floating Rate Fund - Direct (G):

Login to your m.Stock account
In portfolio, your mutual fund investments will be visible under ‘MF’
Select the fund you wish to redeem from (in this case Kotak Floating Rate Fund - Direct (G)).
Click on ‘Redeem’ button
You have 2 options – redeem by units and redeem by value (you can only redeem free units)
Select units to be redeemed and click on submit.
Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).