| KOTAK LIQUID FUND
An open ended liquid scheme
A relatively low interest rate risk and moderate credit risk
| KOTAK LIQUID FUND
An open ended liquid scheme
A relatively low interest rate risk and moderate credit risk

  

  
Investment Objective
The investment objective of the Scheme is to provide reasonable returns and high level of liquidity by investing in debt instruments such as bonds, debentures & Government Securities; and money market instruments such as treasury bills, commercial paper, certificate of deposit, including repos in permitted securities of different maturities, so as to spread the risk across different kinds of issuers in the debt markets. The Scheme may invest in call money/term money market in terms of RBI guidelines in this respect. Subject to the maximum amount permitted from time to time, the Scheme may invest in offshore securities in the manner allowed by SEBI / RBI, provided such investments are in conformity with the investment objective of the Scheme and the prevailing guidelines and Regulations. To reduce the risk of the portfolio, the Scheme may also use various derivative and hedging products from time to time, in the manner permitted by SEBI. There is no assurance that the investment objective of the Schemes will be realised.

The investment objective of the Scheme is to provide reasonable returns and high level of liquidity by investing in debt instruments such as bonds, debentures & Government Securities; and money market instruments such as treasury bills, commercial paper, certificate of deposit, including repos in permitted securities of different maturities, so as to spread the risk across different kinds of issuers in the debt markets. The Scheme may invest in call money/term money market in terms of RBI guidelines in this respect. Subject to the maximum amount permitted from time to time, the Scheme may invest in offshore securities in the manner allowed by SEBI / RBI, provided such investments are in conformity with the investment objective of the Scheme and the prevailing guidelines and Regulations. To reduce the risk of the portfolio, the Scheme may also use various derivative and hedging products from time to time, in the manner permitted by SEBI. There is no assurance that the investment objective of the Schemes will be realised.


Issuer/Instrument Industry/
Rating		 % to Net
Assets

Debt Instruments
Debentures and Bonds
Corporate Debt/Financial Institutions
HDFC Ltd. ( ) CRISIL AAA 0.33
Corporate Debt/Financial Institutions - Total 0.33
Public Sector Undertakings
National Highways Authority Of India CRISIL AAA 0.03
Public Sector Undertakings - Total 0.03
Government Dated Securities
8.20% Central Government SOV 10.08
Government Dated Securities - Total 10.08
Money Market Instruments
Commercial Paper(CP)/ Certificate of Deposits(CD)
Corporate Debt/Financial Institutions
HDFC Ltd. CRISIL A1+ 9.12
Reliance Industries Ltd. CRISIL A1+ 5.81
Tata Capital Financial Services Limited CRISIL A1+ 4.00
Adani Ports and Special ICRA A1+ 3.33
Tata Power Company Ltd. CRISIL A1+ 2.50
Reliance Retail Ventures Ltd CRISIL A1+ 2.49
HDFC Securities Limited CRISIL A1+ 1.16
Muthoot Finance Ltd. CRISIL A1+ 1.08
Birla Group Holding Private Limited CRISIL A1+ 1.00
Reliance Jio Infocomm Ltd. CRISIL A1+ 1.00
Dalmia Cement (Bharat) Ltd CRISIL A1+ 0.99
Can Fin Homes Ltd. ICRA A1+ 0.66
ICICI Securities Limited CRISIL A1+ 0.66
Motilal Oswal Financial Services Limited CRISIL A1+ 0.66
CESC Ltd. CRISIL A1+ 0.50
HDFC Bank Ltd. CARE A1+ 0.50
Julius Baer Capital (India) Pvt. Ltd CRISIL A1+ 0.50
Sharekhan Limited CRISIL A1+ 0.50
Hero FinCorp Ltd. CRISIL A1+ 0.33
Pilani Investment and Industries Corporation Ltd CRISIL A1+ 0.33
Tata Motors Finance Ltd. ICRA A1+ 0.33
Tata Power Renewable Energy Ltd. CRISIL A1+ 0.33
Godrej Industries Ltd CRISIL A1+ 0.25
Sundaram Home Finance Ltd CRISIL A1+ 0.23
Axis Securities Limited ICRA A1+ 0.17
Bajaj Finance Ltd. CRISIL A1+ 0.17
Bharti Hexacom Ltd. CRISIL A1+ 0.17
Godrej Housing Finance Ltd CRISIL A1+ 0.17
Sharekhan BNP Paribas Financial Services Pvt. Ltd. ICRA A1+ 0.17
Bajaj Financial Securities Limited CRISIL A1+ 0.08
Corporate Debt/Financial Institutions - Total 39.19
Public Sector Undertakings
National Bank for Agriculture & Rural Development ICRA A1+ 4.96
National Housing Bank CRISIL A1+ 3.32
Small Industries Development Bank Of India CARE A1+ 3.32
National Thermal Power Corporation Ltd. CRISIL A1+ 3.31
Indian Oil Corporation Ltd. ICRA A1+ 2.50
Steel Authority of India Ltd. CARE A1+ 2.24
Bharat Oman Refineries Limited CRISIL A1+ 0.99
Hindustan Petroleum Corporation Ltd. CRISIL A1+ 0.66
Bharat Heavy Electricals Ltd. CARE A1+ 0.50
Public Sector Undertakings - Total 21.80
Treasury Bills
91 Days Treasury Bill 03/03/2022 SOV 6.65
91 Days Treasury Bill 17/03/2022 SOV 4.00
91 Days Treasury Bill 31/03/2022 SOV 2.87
91 Days Treasury Bill 24/03/2022 SOV 0.43
91 Days Treasury Bill 02/02/2022 SOV 0.33
91 Days Treasury Bill 24/02/2022 SOV 0.33
364 Days Treasury Bill 03/03/2022 SOV 0.17
Treasury Bills - Total 14.78
Triparty Repo 11.71
Net Current Assets/(Liabilities) 2.08
Grand Total 100.00



NAV
Growth OptionRs4,254.2247
Direct Growth OptionRs4,277.3371
Weekly-Reg-Plan-IDCW Rs1,000.2472
Weekly-Dir-Plan-IDCW Rs1,005.2114
Daily-Reg-Plan-IDCW Rs1,222.8100
Daily-Dir-Plan-IDCW Rs1,222.8100

Available Plans/Options

A) Regular Plan B) Direct Plan
Options: Payout of IDCW, Reinvestment of IDCW & Growth (applicable for all plans)


Fund Manager Mr. Deepak Agrawal*
BenchmarkNifty Liquid Index
Allotment dateNovember 4, 2003
AAUMRs34,773.97 crs
AUMRs24,506.02 crs
Folio count53,467

IDCW Frequency

Daily


Ratios
Portfolio Average Maturity0.10 yrs
IRS Average Maturity*-
Net Average Maturity0.10 yrs
Portfolio Modified Duration0.10 yrs
IRS Modified Duration*-
Net Modified Duration0.10 yrs
Portfolio Macaulay Duration0.10 yrs
IRS Macaulay Duration*-
Net Macaulay Duration0.10 yrs
YTM3.74%
$Standard Deviation0.08%

*Interest Rate Swap
Source: $ICRAMFI Explorer. Standard Deviation is calculated on Annualised basis using 3 years history of monthly returns.

Minimum Investment Amount

Initial Investment:Rs500 and in multiple of Rs1 for purchase and for Rs0.01 for switches
Additional Investment: Rs500 & in multiples of Rs1 or purchases and of Rs0.01 for switches
Ideal Investment Horizon: 7 days to month


Load Structure
Entry Load: Nil. (applicable for all plans)
Exit Load Structure.

1. Exit load shall applicable be as per the graded basis as specified below:

Investor exit upon subscriptionExit load as a % of redemption proceeds
Day 1 0.0070%
Day 2 0.0065%
Day 3 0.0060%
Day 4 0.0055%
Day 5 0.0050%
Day 6 0.0045%
Day 7 onwards 0.0000%

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.
2. The revised exit load shall be effective for all fresh investments
3. The revised load structure will be applicable for Insta Redemption facility as per the applicable circular.
4. Applicability of revised exit load on redemption /switch-out of units would be done on First in First out Basis ('FIFO').


Total Expense Ratio**

Regular: 0.32%; Direct: 0.20%


Data as on January 31, 2022

Fund


Benchmark


This product is suitable for investors who are seeking*:
  • Income over a short term investment horizon
  • Investment in debt & money market securities

* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.



**Total Expense Ratio includes applicable B30 fee and GST.
* For Fund Manager experience, please refer 'Our Fund Managers'
For scheme performance, please refer 'Scheme Performances'