Kotak Credit Risk Fund

CAGR

inception 8.19%

CAGR

Since inception

8.19%

Overview

Lumpsum

SIP

If you had invested ₹

and stayed invested till

it would have become ₹ 2591 i.e. CAGR of 8.19%

About Kotak Credit Risk Fund

The investment objective of Kotak Credit Risk is to generate income by investing in debt and money market securities across the yield curve and credit spectrum.
The scheme would also seek to maintain reasonable liquidity within the fund. The scheme invests in securities offering high accrual by taking on a marginally higher credit risk.
The fund manager may also seek to capitalize on opportunity of potential credit rating upgrades from time to time.
The scheme is suitable for investors with a time horizon of 3 years and above.

Sector

% of net asset

AA+, AA, AA-

50.63 %

AAA, AAA(SO), SOV

22.95 %

A+(CE), A

13.05 %

Mutual Fund Units

9.72 %

Net Current Assets

2.61 %

Finance

0.52 %

TREP & Term Deposits & Rev.Repo

0.52 %

Performance

Historical Returns (as per SEBI format) as on

Tenors	CAGR					Current Value of ₹ 10,000 invested
Tenors	Since Inception	5Y	3Y	1Y	6 M	Since Inception	5Y	3Y	1Y	6 M
Kotak Credit Risk Fund - Direct (G)	8.19%	6.28%	6.09%	7.88%	3.28%	25,910.75	13,560.01	11,941.85	10,788.30	10,327.78
Crisil 10-year Gilt Index	6.42%	5.20%	6.43%	6.88%	2.38%	21,241.25	12,887.76	12,055.32	10,687.83	10,238.29
CRISIL Credit Risk Debt B-II Index	8.61%	7.56%	7.31%	8.06%	3.97%	27,165.83	14,395.46	12,357.64	10,806.29	10,397.48

As on Feb 4, 2025

Rolling Returns

		10 Year	7 Year	5 Year	3 Year
Average	8.12	8.08	8.07	8.09	8.27
Maximum	8.44	9.87	10.36	12.14	13.59
Minimum	7.81	6.62	6.24	4.64	1.03
% times +ve returns	100	100	100	100	100
% times returns >	100	73.11	60.59	68.39	74.58

The returns are of Direct Growth Plan. Returns are calculated since inception with daily rolling frequency for the respective periods.

NAV Movement Download

From

Nav movement shows Nav and Index price of Kotak Credit Risk Fund since inception. The Scrollbar at the bottom allows user to select range in which he wishes to view the plot. For the purpose of NAV date applicability, if the investment date happens to be a non-business day, next business day's NAV is applied. Investment on inception date can happen on a non-business day.

SWP Calculator

Scheme Name : Kotak Credit Risk Fund - Direct Plan Growth

NAV Date	NAV	Units	Cash Flow	Scheme Value

Historical Returns (as per SEBI format) as on 31 January 2025

Tenors	CAGR					Current Value of ₹ 10,000 invested
Tenors	Since Inception	5Y	3Y	1Y	6 M	Since Inception	5Y	3Y	1Y	6 M
Kotak Credit Risk Fund - Direct (G)	8.19%	6.28%	6.09%	7.88%	3.28%	25,910.75	13,560.01	11,941.85	10,788.30	10,327.78
Crisil 10-year Gilt Index	6.42%	5.20%	6.43%	6.88%	2.38%	21,241.25	12,887.76	12,055.32	10,687.83	10,238.29
CRISIL Credit Risk Debt B-II Index	8.61%	7.56%	7.31%	8.06%	3.97%	27,165.83	14,395.46	12,357.64	10,806.29	10,397.48

Scheme Inception date is 11/05/2010. Mr. Deepak Agrawal has been managing the fund since 12/04/2010 & Mr. Sunit Garg has been managing the fund since 01/11/2022. Different plans have different expense structure. The performance details provided herein are of direct plan. "Past performance may or may not be sustained in future. All payouts during the period have been reinvested in the units of the scheme at the then prevailing NAV. Returns >= 1 year: CAGR (Compounded Annualised Growth Rate). N.A stands for data not available. Note: Point to Point (PTP) Returns in INR shows the value of 10,000/- investment made at inception. Source: ICRA MFI Explorer. # Name of Scheme Benchmark. ## Name of Additional Benchmark". Alpha is difference of scheme return with benchmark return.

Fund

Tier 1 Benchmark

Tier 2 Benchmark

Kotak Credit Risk Fund (An open ended debt scheme predominantly investing in AA and below rated corporate bonds (Excluding AA+ rated corporate bonds). A relatively high interest rate risk and relatively high credit risk.)

This open ended fund Scheme is suitable for investors seeking

Income over a medium term investment horizon
Investment predominantly in in AA and below rated corporate bonds (Excluding AA+ rated corporate bonds)

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

The above riskometer is based on the scheme portfolio as on 31 January 2025 . An addendum may be issued or updated on the website for new riskometer.

PRC Matrix

Potential Risk Class matrix consisting of parameters based on maximum interest rate risk (measured by Macaulay Duration (MD) of the scheme) and maximum credit risk (measured by Credit Risk Value (CRV) of the scheme).

Start Date of the Investment is considered as 1st of Every Month. Exit Load, Stamp Duty & STT are ignored for ease of calculation. Data Source: We have considered NAV Direct Plan Growth Option for the above scheme, Past Performance may or may not be sustained in the future. In view of the individual nature of tax consequences, each unit holder is advised to consult their tax advisors. All figures and other data given in this document are as of 31 January 2025. The same may or may not be relevant at a future date. The AMC takes no responsibility for updating any data/information in this material from time to time. The information shall not be altered in any way, transmitted to, copied, or distributed, in part or in whole, to any other person or to the media or reproduced in any form, without the prior written consent of Kotak Mahindra Asset Management Company Limited. Kotak Mahindra Asset Management Company Limited (including its affiliates), the Mutual Fund, The Trust and any of its officers, directors, personnel, and employees shall not be liable for any loss, damage of any nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as well as any loss of profit, in any way arising from the use of this material in any manner. Further, the information contained herein should not be construed as a forecast or promise. The recipient alone shall be fully responsible/liable for any decision taken based on this material.

Mutual fund investments are subject to market risks, read all scheme related documents carefully.

Details

Benchmark CRISIL Credit Risk Debt B-II Index

AUM: ₹ 734 Cr. As on 31-Jan-2025

Allotment date: January 01, 2013

AAUM: ₹ 735 Cr. As on 31-Jan-2025

Fund Managers

Mr. Deepak Agrawal See All Funds Managed

Mr. Sunit Garg See All Funds Managed

Key Ratios as on 31-Jan-2025

Expense Ratio (Direct) **

0.79

Expense Ratio (Regular) **

1.71

Source: *ICRA MFI Explorer ## Risk rate assumed to be % (FBIL Overnight MIBOR rate as on NA) **Total Expense Ratio includes applicable B30 fee and GST.

Source: *ICRA MFI Explorer

## Risk rate assumed to be %

(FBIL Overnight MIBOR rate as on NA)

**Total Expense Ratio includes applicable B30 fee and GST.

Available Plans/Options

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

Minimum Investment Amount

Initial Investment: Rs100 and any amount thereafter

Additional Investment: Rs 100 and any amount thereafter

Ideal Investments Horizon: 3 years & above

Load Structure

Entry Load: Nil

Exit Load: a) For redemption / switch out of upto 6% of the initial investment amount (limit) purchased or switched in within 1 year from the date of allotment: Nil. b) If units redeemed or switched out are in excess of the limit within 1 year from the date of allotment: 1% c) If units are redeemed or switched out on or after 1 year from the date of allotment: NIL