| KOTAK DEBT HYBRID FUND
An open ended hybrid scheme investing predominantly in debt instruments
An open ended hybrid scheme investing predominantly in debt instruments
| KOTAK DEBT HYBRID FUND
An open ended hybrid scheme investing predominantly in debt instruments
An open ended hybrid scheme investing predominantly in debt instruments
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Investment Objective
The investment objective of the Scheme is to enhance returns over a
portfolio of debt instruments with a moderate exposure in equity and equity related instruments. By
investing in debt securities, the Scheme will aim at generating regular returns, while enhancement
of return is intended through investing in equity and equity related securities. The Scheme may also
use various derivative and hedging products from time to time, in the manner permitted by SEBI.
However, there is no assurance that the objective of the scheme will be achieved.
The investment objective of the Scheme is to enhance returns over a
portfolio of debt instruments with a moderate exposure in equity and equity related instruments. By
investing in debt securities, the Scheme will aim at generating regular returns, while enhancement
of return is intended through investing in equity and equity related securities. The Scheme may also
use various derivative and hedging products from time to time, in the manner permitted by SEBI.
However, there is no assurance that the objective of the scheme will be achieved.
| Issuer/Instrument | Rating | % to Net Assets |
|
|---|---|---|---|
| Equity & Equity related | |||
| Banks | 3.72 | ||
| ICICI Bank Ltd. | 0.96 | ||
| State Bank Of India | 0.90 | ||
| Bank Of Baroda | 0.70 | ||
| Axis Bank Ltd. | 0.56 | ||
| INDIAN BANK | 0.32 | ||
| HDFC Bank Ltd. | 0.28 | ||
| IT - Software | 3.27 | ||
| Infosys Ltd. | 1.73 | ||
| Tech Mahindra Ltd. | 1.06 | ||
| Mphasis Ltd | 0.48 | ||
| Automobiles | 2.40 | ||
| Maruti Suzuki India Limited | 1.37 | ||
| Hero MotoCorp Ltd. | 1.03 | ||
| Finance | 1.40 | ||
| Power Finance Corporation Ltd. | 0.99 | ||
| POONAWALLA FINCORP LTD. | 0.33 | ||
| JIO FINANCIAL SERVICES LTD | 0.08 | ||
| Petroleum Products | 1.38 | ||
| HINDUSTAN PETROLEUM CORPORATION LTD | 0.79 | ||
| RELIANCE INDUSTRIES LTD. | 0.59 | ||
| Diversified FMCG | 1.37 | ||
| Hindustan Unilever Ltd. | 1.05 | ||
| ITC Ltd. | 0.32 | ||
| Power | 1.30 | ||
| NTPC LTD | 0.86 | ||
| NTPC GREEN ENERGY LIMITED | 0.44 | ||
| Telecom - Services | 1.24 | ||
| Bharti Airtel Ltd | 1.19 | ||
| Bharti Airtel Ltd - Partly Paid Shares | 0.05 | ||
| Consumer Durables | 0.98 | ||
| Pokarna Ltd. | 0.65 | ||
| Century Plyboards (India) Ltd. | 0.33 | ||
| Pharmaceuticals and Biotechnology | 0.87 | ||
| JB CHEMICALS & PHARMACEUTICALS LTD. | 0.44 | ||
| Cipla Ltd. | 0.43 | ||
| Gas | 0.70 | ||
| GAIL (India) Ltd. | 0.70 | ||
| Industrial Manufacturing | 0.64 | ||
| JYOTI CNC AUTOMATION LTD | 0.35 | ||
| JNK INDIA LIMITED | 0.18 | ||
| DEE DEVELOPMENT ENGINEEERS LTD | 0.11 | ||
| Beverages | 0.61 | ||
| Radico Khaitan Ltd. | 0.34 | ||
| UNITED SPIRITS LTD. | 0.27 | ||
| Retailing | 0.51 | ||
| SWIGGY LTD | 0.27 | ||
| BRAINBEES SOLUTIONS LIMITED | 0.24 | ||
| Auto Components | 0.43 | ||
| Subros Ltd. | 0.43 | ||
| Capital Markets | 0.39 | ||
| BSE LTD. | 0.39 | ||
| Cement and Cement Products | 0.34 | ||
| Ambuja Cements Ltd. | 0.34 | ||
| Agricultural, Commercial and Constr | 0.31 | ||
| V.S.T Tillers Tractors Ltd | 0.31 | ||
| Insurance | 0.26 | ||
| LIFE INSURANCE CORPORATION OF INDIA LTD. | 0.26 | ||
| Food Products | 0.25 | ||
| Britannia Industries Ltd. | 0.25 | ||
| Leisure Services | 0.18 | ||
| Jubilant Foodworks Limited | 0.17 | ||
| ITC HOTELS LIMITED | 0.01 | ||
| Healthcare Services | 0.17 | ||
| Fortis Healthcare India Ltd | 0.17 | ||
| Personal Products | 0.10 | ||
| Dabur India Ltd. | 0.10 | ||
| Realty | 0.10 | ||
| Mahindra Lifespace Developers Ltd | 0.10 | ||
| Electrical Equipment | 0.06 | ||
| PREMIER ENERGIES LIMITED | 0.06 | ||
| Equity & Equity related - Total | 22.98 | ||
| Debt Instruments | |||
| Debentures and Bonds | |||
| Government Dated Securities | |||
| 7.30% Central Government | SOV | 14.18 | |
| 7.34% Central Government | SOV | 9.08 | |
| 7.32% Central Government | SOV | 7.77 | |
| 7.02% Central Government | SOV | 6.66 | |
| 7.18% Central Government | SOV | 5.32 | |
| 7.09% Central Government | SOV | 4.13 | |
| 7.25% Central Government | SOV | 2.35 | |
| 7.17% Central Government | SOV | 1.92 | |
| 6.79% Central Government | SOV | 1.65 | |
| 7.45% Maharashtra State Govt-Maharashtra | SOV | 1.34 | |
| 7.93% Central Government | SOV | 0.67 | |
| GS CG 25/11/2035 - (STRIPS) | SOV | 0.49 | |
| 7.95% Central Government | SOV | 0.33 | |
| GS CG 22/10/2032 - (STRIPS) | SOV | 0.30 | |
| GS CG 06/05/2038 - (STRIPS) | SOV | 0.28 | |
| 7.65% Madhya Pradesh State Govt-Madhya Pradesh | SOV | 0.17 | |
| GS CG 22/04/2036 - (STRIPS) | SOV | 0.16 | |
| 6.57% Andhra Pradesh State Govt-Andhra Pradesh | SOV | 0.16 | |
| GS 5.63% CG 12/04/2026 - (STRIPS) | SOV | 0.15 | |
| 7.96% Punjab State Govt-Punjab | SOV | 0.10 | |
| 7.84% Maharashtra State Govt-Maharashtra | SOV | 0.10 | |
| GS CG 25/05/2036 - (STRIPS) | SOV | 0.09 | |
| GS CG 25/05/2037 - (STRIPS) | SOV | 0.08 | |
| 7.96% Maharashtra State Govt-Maharashtra | SOV | 0.08 | |
| GS CG 25/05/2040 - (STRIPS) | SOV | 0.07 | |
| GS CG 25/05/2038 - (STRIPS) | SOV | 0.07 | |
| 8.05% Tamil Nadu State Govt-Tamil Nadu | SOV | 0.07 | |
| GS CG 25/11/2038 - (STRIPS) | SOV | 0.07 | |
| GS CG 25/11/2040 - (STRIPS) | SOV | 0.06 | |
| GS CG 25/05/2041 - (STRIPS) | SOV | 0.06 | |
| 8.29% Andhra Pradesh State Govt-Andhra Pradesh | SOV | 0.06 | |
| GS CG 22 Aug 2026 - (STRIPS) | SOV | 0.05 | |
| 7.98% Kerala State Govt-Kerala | SOV | 0.05 | |
| 7.26% Central Government(^) | SOV | 0.04 | |
| GS CG 23/12/2025 - (STRIPS) | SOV | 0.03 | |
| GS CG 22 Feb 2027 - (STRIPS) | SOV | 0.03 | |
| Government Dated Securities - Total | 58.22 | ||
| Public Sector Undertakings | |||
| TELANGANA STATE INDUSTRIAL INFRASTRUCTURE CORPORATION LTD. | FITCH AA(CE) | 2.68 | |
| NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT | CRISIL AAA | 2.00 | |
| REC LTD | CRISIL AAA | 1.93 | |
| Power Finance Corporation Ltd. | CRISIL AAA | 1.10 | |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA | ICRA AAA | 0.65 | |
| Power Finance Corporation Ltd. | CRISIL AAA | 0.38 | |
| INDIAN RAILWAY FINANCE CORPORATION LTD. | CRISIL AAA | 0.25 | |
| Power Grid Corporation of India Ltd. | CRISIL AAA | 0.19 | |
| U P Power Corporation Ltd ( Guaranteed By UP State Government ) | CRISIL A+(CE) | 0.18 | |
| Public Sector Undertakings - Total | 9.36 | ||
| Corporate Debt/Financial Institutions | |||
| BHARTI TELECOM LTD. | CRISIL AA+ | 4.12 | |
| ADITYA BIRLA FINANCE LTD. | ICRA AAA | 0.17 | |
| LIC HOUSING FINANCE LTD. | CRISIL AAA | 0.16 | |
| Larsen and Toubro Ltd. | CRISIL AAA | 0.16 | |
| HDB Financial Services Ltd. | CRISIL AAA | 0.16 | |
| Mahindra & Mahindra Financial Services Ltd. | CRISIL AAA | 0.02 | |
| Corporate Debt/Financial Institutions - Total | 4.79 | ||
| Triparty Repo | 3.20 | ||
| Alternative Investment Fund | |||
| CORPORATE DEBT MARKET DEVELOPMENT FUND - CLASS A2 | Alternative Investment Fund | 0.27 | |
| Alternative Investment Fund - Total | 0.27 | ||
| Real Estate & Infrastructure Investment Trusts | |||
| INDUS INFRA TRUST | Transport Infrastructure | 0.05 | |
| Real Estate & Infrastructure Investment Trusts - Total | 0.05 | ||
| Net Current Assets/(Liabilities) | 1.13 | ||
| Grand Total | 100.00 | ||
| | |||
| Monthly SIP of (Rs) 10000 | Since Inception | 10 years | 7 years | 5 years | 3 years | 1 year |
| Total amount invested (₹) | 25,40,000 | 12,00,000 | 8,40,000 | 6,00,000 | 3,60,000 | 1,20,000 |
| Total Value as on January 31, 2025 (₹) | 73,78,372 | 20,21,050 | 12,35,163 | 7,90,582 | 4,24,695 | 1,23,671 |
| Scheme Returns (%) | 9.12 | 10.05 | 10.82 | 10.97 | 11.01 | 5.70 |
| CRISIL Hybrid 85+15 - Conservative Index Returns (%) | 8.71 | 8.62 | 8.65 | 8.35 | 9.06 | 6.67 |
| Alpha* | 0.41 | 1.43 | 2.17 | 2.62 | 1.95 | -0.97 |
| CRISIL Hybrid 85+15 - Conservative Index (₹)# | 70,09,028 | 18,73,843 | 11,43,095 | 7,40,631 | 4,12,698 | 1,24,287 |
| CRISIL 10 Year Gilt Index (₹)^ | 53,06,966 | 16,61,583 | 10,57,145 | 7,04,539 | 4,09,453 | 1,26,096 |
| CRISIL 10 Year Gilt Index Returns (%) | 6.45 | 6.33 | 6.46 | 6.35 | 8.52 | 9.52 |
Scheme Inception : - December 02, 2003. The returns are calculated by XIRR approach assuming investment of 10,000/- on the ₹ 1st working day of every month. XIRR helps in calculating return on investments given an initial and final value and a series of cash inflows and outflows and taking the time of investment into consideration. Since inception returns are assumed to be starting from the beginning of the subsequent month from the date of inception. The SIP performance details provided herein are of Regular Plan - Growth Option Different plans have different expense structure. # Benchmark; ^ Additional Benchmark. TRI – Total Return Index, In terms of para 6.14 of SEBI Master circular No.SEBI/HO/IMD/IMD-PoD-1/P/CIR/2024/90 dated June 27, 2024, the performance of the scheme is benchmarked to the Total Return variant (TRI) of the Benchmark Index instead of Price Return Variant (PRI). Alpha is difference of scheme return with benchmark return. *All payouts during the period have been reinvested in the units of the scheme at the then prevailing NAV. Source: ICRA MFI Explorer.
Net Asset Value (NAV)
| Regular | Direct | |
| Growth | Rs56.4945 | Rs64.8790 |
| Monthly IDCW | Rs12.9336 | Rs14.0840 |
Available Plans/Options
A) Regular Plan B) Direct Plan
Options: Payout of IDCW, Reinvestment of
IDCW & Growth (applicable for all plans)
| Fund Manager* | Mr. Shibani Sircar Kurian & Mr. Abhishek Bisen |
| Benchmark | CRISIL Hybrid 85+15- Conservative Index |
| Allotment date | December 02, 2003 |
| AAUM | Rs3,051.36 crs |
| AUM | Rs3,051.69 crs |
| Folio count | 52,641 |
IDCW Frequency
Monthly (12th of every Month)
Debt Quant & Ratios
| Average Maturity | 16.38 yrs |
| Modified Duration | 7.57 yrs |
| Macaulay Duration | 7.85 yrs |
| Annualised YTM* | 7.19% |
| $Standard Deviation | 3.73% |
| ^^P/E$$ | 18.92 |
| ^^P/BV$$ | 3.05 |
$$Equity Component of the Portfolio.
Minimum Investment Amount
Initial & Additional Investment
• Rs100 and any amount thereafter
Systematic Investment Plan (SIP)
• Rs 100 and any amount thereafter
Ideal Investments Horizon
• 3 years & above
Load Structure
Entry Load: Nil. (applicable for all plans)
Exit Load:
• For redemption / switch out of upto 8% of
the initial investment amount (limit)
purchased or switched in within 6 months
from the date of allotment: Nil.
• If units redeemed or switched out are in
excess of the limit within 6 months from the
date of allotment: 1%
• If units are redeemed or switched out after
6 months from the date of allotment: NIL
Total Expense Ratio**
| Regular Plan: | 1.66% |
| Direct Plan: | 0.45% |
Data as on 31st January, 2025 unless
otherwise specified.
Folio Count data as on 31st December 2024.
Folio Count data as on 31st December 2024.
Fund
Benchmark: CRISIL Hybrid 85+15- Conservative Index
This product is suitable for investors who are seeking*:
- Income & capital growth over a long term horizon
- Investment in a portfolio of debt instruments with a moderate exposure in equity & equity related instruments
* Investors should consult their financial advisors if in doubt about whether the product is suitable for them.
The above risk-o—meter is based on the scheme portfolio as on 31st December, 2024. An addendum may be issued or updated on the website for new riskometer.
## Risk rate assumed to be 6.65% (FBIL Overnight MIBOR rate as on 31st Jan 2024).**Total Expense Ratio includes applicable B30 fee and GST.
* For Fund Manager experience, please refer 'For Regular Plan' & 'For Direct Plan'
For last three IDCW, please refer 'Dividend History'.
For scheme performance, please refer 'For Regular Plan' & 'For Direct Plan'