Kotak Money market Fund - (Monthly Payout of Income Distribution cum capital withdrawal option)
(Erstwhile Kotak Floater Short Term-Regular Plan-Monthly Dividend Option)
Fund House: Kotak Mahindra Mutual Fund| Category: Debt: Money Market |
| Launch Date: 14-07-2003 |
| Asset Class: Fixed Income |
| Benchmark: CRISIL Money Market A-I Index |
| TER: 0.35% As on (31-10-2024) |
| Status: Open Ended Schemes |
| Minimum Investment: 100.0 |
| Minimum Topup: 100.0 |
| Total Assets: 29,487.57 Cr As on 31-10-2024(Source:AMFI) |
| Turn over: - | Exit Load: Nil |
1051.9362
0.19 (0.0182%)
3.2%
Benchmark: 5.4%
PERFORMANCE
Returns Type:
of :
Start :
End :
Period:
This Scheme
-
vs
BSE Liquid Rate Index
-
Gold
-
PPF
-
Returns Type:
of :
Period:
Start :
Period:
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Time Taken To Multiply
2x
4x
5x
10x
FUND
0 Years 0 Months
0 Years 0 Months
0 Years 0 Months
0 Years 0 Months
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months
Investment Objective
The scheme aims to reduce interest rate risk associated with investments in fixed rate instruments by investing predominantly in floating rate securities, money-market instruments and appropriate derivatives
Current Asset Allocation (%)
Indicators
| Standard Deviation | 0.54 |
| Sharpe Ratio | 0.71 |
| Alpha | 2.78 |
| Beta | 1.19 |
| Yield to Maturity | 7.4 |
| Average Maturity | 0.4 |
PEER COMPARISON
| Scheme Name | Inception Date |
1 Year Return(%) |
2 Year Return(%) |
3 Year Return(%) |
5 Year Return(%) |
10 Year Return(%) |
|---|---|---|---|---|---|---|
| Kotak Money market Fund - (Monthly Payout of Income Distribution cum capital withdrawal option) | 14-07-2003 | 7.63 | 7.45 | 6.44 | 5.66 | 5.62 |
| Aditya Birla Sun Life Money Manager Fund - Growth | 10-10-2005 | 7.73 | 7.59 | 6.54 | 6.06 | 6.94 |
| Aditya Birla Sun Life Money Manager Fund - Retail Growth | 05-06-2003 | 7.73 | 7.59 | 6.54 | 6.06 | 6.95 |
| Axis Money Market Fund - Regular Plan - Growth Option | 05-08-2019 | 7.72 | 7.53 | 6.48 | 5.93 | - |
| Nippon India Money Market Fund-Growth Plan-Growth Option | 01-06-2005 | 7.71 | 7.55 | 6.56 | 5.93 | 6.85 |
| UTI MMF - Regular Plan - Growth Option | 01-07-2009 | 7.69 | 7.57 | 6.55 | 5.93 | 6.84 |
| ICICI Prudential Money Market Fund Option - Growth | 01-03-2006 | 7.69 | 7.53 | 6.46 | 5.9 | 6.8 |
| Tata Money Market Fund-Regular Plan - Growth Option | 20-05-2003 | 7.68 | 7.54 | 6.49 | 5.98 | 6.06 |
| Kotak Money Market Fund - (Growth) | 14-07-2003 | 7.68 | 7.5 | 6.49 | 5.8 | 6.79 |
| HDFC Money Market Fund - Growth Option | 05-11-1999 | 7.63 | 7.47 | 6.42 | 5.95 | 6.78 |
Scheme Characteristics
Investment in Money Market instruments having maturity upto 1 year.
Riskometer
PORTFOLIO
Market Cap Distribution
Others
101.64%
