Kotak Money Market Fund - Growth - Direct Plan

Item: Kotak Money Market Fund - Growth - Direct Plan
Rating: 4
Author: PersonalFN

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₹4387.322 0.04 %Nav, as on 05-02-2025
Previous Nav
₹ 4385.7564
Net Change on 05-02-2025
₹1.57
PersonalFN Rating
Category
Debt - Money Market Fund
Assets (Cr.)
₹ 26,221.11
Expense Ratio
0.24%
(As on Jan 31, 2025)

Fund Overview Growth | Direct Plan

Fund House
Kotak Mahindra Mutual Fund
Launch Date
31-Dec-2012
Benchmark
Crisil 1 Yr T-Bill Index
Minimum Investment (₹)
100
Minimum Addl Investment (₹)
100
Exit Load (%)
Nil
Minimum SIP Investment (₹)
Minimum STP Investment (₹)
500
Minimum SWP Investment (₹)
1,000
52 Week Low Nav (₹)
4068.79
52 Week Low Nav Date
05-Feb-2024
52 Week High Nav (₹)
4385.76
52 Week High Nav Date
04-Feb-2025

Fund Objective

The investment objective of the Scheme is to generate returns by investing in money market instruments having maturity upto 1 year.

Fund Performance

Scheme Name	1-Month Return (%)	3-Month Return (%)	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Since Inception
Kotak Money Market Fund - (Growth) - Direct	7.10	7.10	7.79	6.86	5.96	7.24
Crisil 1 Yr T-Bill Index	N/A	N/A	N/A	N/A	N/A	N/A
CRISIL Money Market Index	N/A	N/A	N/A	N/A	N/A	N/A

Returns upto 1 year is Annualised, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name	Launch Date	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Expense Ratio (%)	Assets (Cr.)
Kotak Money Market Fund - (Growth) - Direct	Dec 31, 2012	7.79	6.86	5.96	0.24	26,221.11
UTI MMF - Direct Plan - Growth Option	Dec 31, 2012	7.77	6.89	6.08	0.15	17,809.80
Bandhan Money Manager Fund - Direct Plan-Growth	Jan 01, 2013	7.77	6.78	5.91	0.10	10,624.49

Fund Holdings as on 31-January-2025

Company % Assets
HDFC BANK LTD.
5.38
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA**
3.58
AXIS BANK LTD.**
2.67
Triparty Repo
2.61
PUNJAB NATIONAL BANK**
2.49
UNION BANK OF INDIA
2.32
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA**
1.95
182 DAYS TREASURY BILL 15/05/2025
1.87
NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT**
1.85
UNION BANK OF INDIA**
1.79
UNION BANK OF INDIA**
1.79
364 DAYS TREASURY BILL 29/01/2026
1.79
INDIAN BANK**
1.78
BHARTI TELECOM LTD.**
1.45
364 DAYS TREASURY BILL 04/12/2025
1.45
Panatone Finvest Ltd.**
1.42
5.22% Central Government - 2025
1.33
PUNJAB NATIONAL BANK**
1.32
UNION BANK OF INDIA**
1.24
NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT**
1.24
INDUSIND BANK LTD.**
1.24
FEDERAL BANK LTD.**
1.10
BHARTI TELECOM LTD.
1.08
ICICI BANK LTD.**
1.08
AXIS BANK LTD.**
1.08
MANKIND PHARMA LTD**
1.05
5.8% Maharashtra State Govt - 2025 - Maharashtra
0.95
INDUSIND BANK LTD.**
0.95
IDFC FIRST BANK LIMITED**
0.95
RBL BANK LTD.**
0.95
FEDERAL BANK LTD.**
0.93
INDUSIND BANK LTD.**
0.93
AXIS BANK LTD.
0.93
CANARA BANK**
0.91
AXIS BANK LTD.**
0.91
AXIS BANK LTD.**
0.91
HDFC BANK LTD.**
0.91
AXIS BANK LTD.**
0.91
FEDERAL BANK LTD.**
0.91
INDUSIND BANK LTD.**
0.90
PUNJAB NATIONAL BANK**
0.90
STANDARD CHARTERED CAPITAL LTD.**
0.89
PUNJAB & SIND BANK**
0.89
182 DAYS TREASURY BILL 01/05/2025
0.84
MUTHOOT FINANCE LTD.**
0.80
8.29% Maharashtra State Govt - 2025 - Maharashtra
0.80
8.23% Gujarat State Govt - 2025 - Gujarat
0.77
TATA MOTORS FINANCE LTD.**
0.76
NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT**
0.76
PIRAMAL CAPITAL & HOUSING FINANCE LTD.**
0.76
CREDILA FINANCIAL SERVICES PVT LTD**
0.76
PIRAMAL CAPITAL & HOUSING FINANCE LTD.**
0.75
182 DAYS TREASURY BILL 08/05/2025
0.75
BANK OF BARODA**
0.75
Muthoot Fincorp Ltd.**
0.74
8.24% Tamil Nadu State Govt - 2025 - Tamil Nadu
0.73
364 DAYS TREASURY BILL 06/11/2025
0.73
PUNJAB NATIONAL BANK**
0.71
AU SMALL FINANCE BANK LTD.**
0.71
BIRLA GROUP HOLDING PRIVATE LIMITED**
0.71
PIRAMAL CAPITAL & HOUSING FINANCE LTD.**
0.70
NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT**
0.62
MOTILAL OSWAL FINANCIAL SERVICES LIMITED
0.57
FEDERAL BANK LTD.**
0.57
AXIS SECURITIES LIMITED**
0.57
INDUSIND BANK LTD.**
0.57
HDFC BANK LTD.**
0.57
IIFL FINANCE LIMITED**
0.57
AXIS BANK LTD.**
0.55
HERO FINCORP LTD.**
0.54
MUTHOOT FINANCE LTD.**
0.54
HDFC BANK LTD.
0.54
MUTHOOT FINANCE LTD.**
0.53
8.06% Maharashtra State Govt - 2025 - Maharashtra
0.48
182 DAYS TREASURY BILL 06/03/2025
0.47
8.59% Karnataka State Govt - 2025 - Karnataka
0.41
BIRLA GROUP HOLDING PRIVATE LIMITED**
0.38
TATA CAPITAL HOUSING FINANCE LTD.**
0.38
INDUSIND BANK LTD.
0.38
BARCLAYS INVESTMENTS & LOAN (INDIA) PVT. LTD.**
0.38
360 ONE WAM LIMITED**
0.38
UNION BANK OF INDIA**
0.38
PUNJAB NATIONAL BANK
0.38
ICICI SECURITIES LIMITED**
0.38
GODREJ FINANCE LTD**
0.38
AU SMALL FINANCE BANK LTD.**
0.38
NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT**
0.38
BIRLA GROUP HOLDING PRIVATE LIMITED**
0.38
MOTILAL OSWAL FINANCIAL SERVICES LIMITED**
0.38
MANKIND PHARMA LTD**
0.38
SHAREKHAN LIMITED**
0.37
STANDARD CHARTERED CAPITAL LTD.**
0.37
SHAREKHAN LIMITED**
0.37
INDUSIND BANK LTD.**
0.37
ADITYA BIRLA FINANCE LTD.**
0.36
SHAREKHAN LIMITED**
0.36
SHAREKHAN LIMITED**
0.36
STANDARD CHARTERED CAPITAL LTD.**
0.36
CANARA BANK**
0.36
TATA PROJECTS LTD.**
0.36
HERO FINCORP LTD.**
0.36
INDIAN BANK**
0.36
JULIUS BAER CAPITAL (INDIA) PVT. LTD**
0.35
364 DAYS TREASURY BILL 21/11/2025
0.34
8.05% Karnataka State Govt - 2025 - Karnataka
0.32
8.05% Gujarat State Govt - 2025 - Gujarat
0.29
MOTILAL OSWAL FINVEST LTD.**
0.29
ICICI SECURITIES LIMITED**
0.28
ICICI SECURITIES LIMITED**
0.28
8.15% Gujarat State Govt - 2025 - Gujarat
0.28
MUTHOOT FINANCE LTD.**
0.28
SBI ALTERNATIVE INVESTMENT FUND
0.27
MUTHOOT FINANCE LTD.**
0.26
8.21% Haryana State Govt - 2025 - Haryana
0.26
7.96% Gujarat State Govt - 2025 - Gujarat
0.21
8.07% Gujarat State Govt - 2025 - Gujarat
0.19
NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT**
0.19
AXIS BANK LTD.**
0.19
INDUSIND BANK LTD.**
0.19
ICICI SECURITIES LIMITED**
0.19
ADITYA BIRLA FINANCE LTD.**
0.19
MOTILAL OSWAL FINANCIAL SERVICES LIMITED**
0.19
8.27% Madhya Pradesh State Govt - 2025 - Madhya Pradesh
0.19
NUVAMA WEALTH AND INVESTMENT LTD**
0.18
Bahadur Chand Investments Private Limited**
0.18
6.9% Tamil Nadu State Govt - 2025 - Tamil Nadu
0.13
182 DAYS TREASURY BILL 27/02/2025
0.13
HDFC BANK LTD.**
0.09
8.16% Maharashtra State Govt - 2025 - Maharashtra
0.06
8.29% Tamil Nadu State Govt - 2025 - Tamil Nadu
0.02
PUNJAB NATIONAL BANK**
0.02
Net Current Assets/(Liabilities)
-0.89

Sector Holding%
Miscellaneous
57.68

Fund Manager

Deepak Agrawal

Education:Post Graduate in Commerce from Mumbai University, a qualified chartered account and a company secretary. Also cleared AIMR CFA Level
Experience:14 Years
Basic Details:Mr. Deepak Agrawal's career has started from Kotak AMC when he joined the organization in December 2002, where he was initially in Research, Dealing and then moved into Fund Management from November 2006.
Funds Managed:
Kotak Bond Short Term Fund
Kotak Floating Rate Fund
Kotak Money Market Fund
Kotak Overnight Fund
Kotak Banking and PSU Debt Fund
Kotak Bond Short Term Fund
Kotak Corporate Bond Fund
Kotak Credit Risk Fund
Kotak Dynamic Bond Fund
Kotak Floating Rate Fund
Kotak Liquid Fund
Kotak Low Duration Fund
Kotak Medium Term Fund
Kotak Money Market Fund
Kotak Overnight Fund
Kotak Savings Fund

Manu Sharma

Education:Chartered Accountant & M.Com
Experience:16 years
Basic Details:Mr. Manu Sharma has over 17 years of experience in the fields of Fixed Income Fund Management, Operations, Finance Audit and Taxation. He joinedKotak AMC from Deskera Systems in September 2019 and was based out of Bangalore/Singapore for one year. Prior to it Mr. Manu was with Kotak AMCsince September 2006 to June 2018 and has handled major assignments like the Fund Management, Operations and Finance for the KotakAMC.
Funds Managed:
Kotak Floating Rate Fund
Kotak Money Market Fund
Kotak Corporate Bond Fund
Kotak Floating Rate Fund
Kotak Low Duration Fund
Kotak Money Market Fund
Kotak Savings Fund

Holding Type Holding %
CARE A1+
14.92
Cash
1.72
CRISIL A1+
51.33
FITCH A1+
7.74
ICRA A1+
8.27
SOV
15.79
Unrated
0.27

About Kotak Money Market Fund

Scheme Analysis

Kotak Money Market Fund is a Debt - Money Market Fund fund and belongs to Kotak Mahindra Mutual Fund. It was launched on 31-Dec-2012 and currently has an AUM of ₹26,221.11 crore. Kotak Money Market Fund is benchmarked against Crisil 1 Yr T-Bill Index as primary index and CRISIL Money Market Index as secondary index.

The NAV of Kotak Money Market Fund ended up ₹1.57(0.04%)yesterday to ₹4387.322.

Among its top 3 holdings the fund has exposure to HDFC BANK LTD., and

The Kotak Money Market Fund is managed by Deepak Agrawal and Manu Sharma.

Fund House Contact

Address:

27 BKC, C-27, G Block, Bandra Kurla Complex, Bandra (E), Mumbai - 400 051

Phone Number: +91 (22) 66384400

Email Address: mutual@kotak.com

Fax Number: +91 (22) 66384455

Website: https://www.kotakmf.com/

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