Kotak Money Market Fund - IDCW - Direct Plan

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

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₹1198.3638 0.01 %Nav, as on 23-01-2025
Previous Nav
₹ 1198.1856
Net Change on 23-01-2025
₹0.18
PersonalFN Rating
Category
Debt - Money Market Fund
Assets (Cr.)
₹ 26,727.60
Expense Ratio
0.23%
(As on Dec 31, 2024)

Fund Overview IDCW | 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 (₹)
2105.13
52 Week Low Nav Date
23-Jan-2024
52 Week High Nav (₹)
2267.54
52 Week High Nav Date
22-Jan-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 - (Monthly Payout of Income Distribution cum capital withdrawal option) - Direct	6.99	7.02	7.70	6.77	5.88	5.75
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 - (Monthly Payout of Income Distribution cum capital withdrawal option) - Direct	Dec 31, 2012	7.70	6.77	5.88	0.23	26,727.60
SBI Savings Fund - Direct Plan - Income Distribution cum Capital Withdrawal Option (IDCW)	Jan 02, 2013	7.71	6.74	5.99	0.25	25,721.65
SBI Savings Fund - Direct Plan Daily Income Distribution cum Capital Withdrawal Option (IDCW)	Jan 07, 2013	7.71	6.74	5.97	0.25	25,721.65
SBI Savings Fund - Direct Plan Weekly Income Distribution cum Capital Withdrawal Option (IDCW)	Jan 08, 2013	6.25	6.24	5.89	0.25	25,721.65
ICICI Prudential Money Market Fund Option - Direct Plan - Daily IDCW	Dec 31, 2012	7.73	6.83	6.03	0.21	25,286.22
ICICI Prudential Money Market Fund Option - Direct Plan - IDCW Others	Jan 20, 2014	7.73	6.77	6.06	0.21	25,286.22

Fund Holdings as on 31-December-2024

Company % Assets
HDFC BANK LTD.**
5.24
INDIAN BANK**
4.08
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA**
3.49
BANK OF BARODA**
2.69
PUNJAB NATIONAL BANK
2.04
HDFC BANK LTD.**
2.03
182 DAYS TREASURY BILL 01/05/2025
1.92
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA**
1.90
182 DAYS TREASURY BILL 06/03/2025
1.85
NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT**
1.84
PUNJAB NATIONAL BANK**
1.84
182 DAYS TREASURY BILL 15/05/2025
1.83
NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT**
1.81
Union Bank of India**
1.75
Union Bank of India**
1.75
BANK OF BARODA
1.48
BHARTI TELECOM LTD.**
1.41
364 DAYS TREASURY BILL 04/12/2025
1.41
5.22% Central Government - 2025
1.30
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA**
1.30
PUNJAB NATIONAL BANK**
1.29
DBS BANK INDIA**
1.11
FEDERAL BANK LTD.**
1.07
ICICI BANK LTD.**
1.05
BHARTI TELECOM LTD.**
1.05
AXIS BANK LTD.**
1.05
MANKIND PHARMA LTD**
1.02
5.8% Maharashtra State Govt - 2025 - Maharashtra
0.93
ICICI SECURITIES LIMITED**
0.93
INDUSIND BANK LTD.**
0.93
IDFC FIRST BANK LIMITED**
0.92
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA**
0.92
RBL BANK LTD.**
0.92
Union Bank of India**
0.92
FEDERAL BANK LTD.**
0.91
AXIS BANK LTD.**
0.91
INDUSIND BANK LTD.**
0.91
CANARA BANK
0.89
AXIS BANK LTD.**
0.89
AXIS BANK LTD.
0.88
AXIS BANK LTD.
0.88
HDFC BANK LTD.**
0.88
FEDERAL BANK LTD.**
0.88
INDUSIND BANK LTD.**
0.87
PUNJAB NATIONAL BANK**
0.87
STANDARD CHARTERED CAPITAL LTD.**
0.87
8.29% Maharashtra State Govt - 2025 - Maharashtra
0.78
MUTHOOT FINANCE LTD.**
0.78
8.23% Gujarat State Govt - 2025 - Gujarat
0.75
AXIS BANK LTD.**
0.74
PUNJAB & SIND BANK**
0.74
PIRAMAL CAPITAL & HOUSING FINANCE LTD.**
0.74
TATA MOTORS FINANCE LTD.**
0.74
NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT**
0.74
BANK OF INDIA**
0.74
PIRAMAL CAPITAL & HOUSING FINANCE LTD.**
0.74
HDFC CREDILA FINANCIAL SERVICES PVT LTD**
0.74
PIRAMAL CAPITAL & HOUSING FINANCE LTD.**
0.74
182 DAYS TREASURY BILL 08/05/2025
0.73
BANK OF BARODA**
0.73
Muthoot Fincorp Ltd.**
0.72
8.24% Tamil Nadu State Govt - 2025 - Tamil Nadu
0.72
364 DAYS TREASURY BILL 06/11/2025
0.71
FEDERAL BANK LTD.**
0.56
MOTILAL OSWAL FINANCIAL SERVICES LIMITED**
0.56
HDFC BANK LTD.**
0.56
FEDERAL BANK LTD.**
0.56
AXIS BANK LTD.
0.56
Union Bank of India**
0.56
AXIS SECURITIES LIMITED**
0.55
INDUSIND BANK LTD.**
0.55
IIFL FINANCE LIMITED**
0.55
AXIS BANK LTD.**
0.54
Hero FinCorp Ltd.**
0.52
MUTHOOT FINANCE LTD.**
0.52
HDFC BANK LTD.**
0.52
8.06% Maharashtra State Govt - 2025 - Maharashtra
0.47
HDFC BANK LTD.
0.46
8.59% Karnataka State Govt - 2025 - Karnataka
0.40
NUVAMA WEALTH FINANCE LIMITED**
0.37
HINDUJA LEYLAND FINANCE LTD.**
0.37
AXIS SECURITIES LIMITED**
0.37
TATA CAPITAL HOUSING FINANCE LTD.**
0.37
BIRLA GROUP HOLDING PRIVATE LIMITED**
0.37
182 DAYS TREASURY BILL 27/02/2025
0.37
TATA CAPITAL HOUSING FINANCE LTD.**
0.37
INDUSIND BANK LTD.**
0.37
BARCLAYS INVESTMENTS & LOAN (INDIA) PVT. LTD.**
0.37
PUNJAB NATIONAL BANK**
0.37
360 ONE WAM LIMITED**
0.37
ADITYA BIRLA FINANCE LTD.**
0.37
ICICI SECURITIES LIMITED**
0.37
GODREJ FINANCE LTD**
0.37
AU SMALL FINANCE BANK LTD.**
0.37
BIRLA GROUP HOLDING PRIVATE LIMITED**
0.37
MOTILAL OSWAL FINANCIAL SERVICES LIMITED**
0.37
MANKIND PHARMA LTD**
0.37
SHAREKHAN LIMITED**
0.36
STANDARD CHARTERED CAPITAL LTD.**
0.36
SHAREKHAN LIMITED**
0.36
INDUSIND BANK LTD.**
0.36
ADITYA BIRLA FINANCE LTD.**
0.35
SHAREKHAN LIMITED**
0.35
SHAREKHAN LIMITED**
0.35
STANDARD CHARTERED CAPITAL LTD.**
0.35
Hero FinCorp 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
0.28
MOTILAL OSWAL FINVEST LTD.**
0.28
ICICI SECURITIES LIMITED**
0.28
HDFC BANK LTD.**
0.28
ICICI SECURITIES LIMITED**
0.28
CANARA BANK**
0.28
8.15% Gujarat State Govt - 2025 - Gujarat
0.27
MUTHOOT FINANCE LTD.**
0.27
8.21% Haryana State Govt - 2025 - Haryana
0.25
SBI ALTERNATIVE INVESTMENT FUND
0.22
8.07% Gujarat State Govt - 2025 - Gujarat
0.19
7.96% Gujarat State Govt - 2025 - Gujarat
0.19
Bahadur Chand Investments Private Limited**
0.19
NUVAMA WEALTH MANAGEMENT LIMITED**
0.19
PILANI INVESTMENT AND INDUSTRIES CORPORATION LTD**
0.19
Bahadur Chand Investments Private Limited**
0.19
Export-Import Bank of India**
0.19
BARCLAYS INVESTMENTS & LOAN (INDIA) PVT. LTD.**
0.19
ICICI SECURITIES LIMITED**
0.19
NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT**
0.19
364 DAYS TREASURY BILL 20/02/2025
0.19
INDUSIND BANK LTD.**
0.19
AU SMALL FINANCE BANK LTD.**
0.18
CANARA BANK**
0.18
ICICI SECURITIES LIMITED**
0.18
ADITYA BIRLA FINANCE LTD.**
0.18
MOTILAL OSWAL FINANCIAL SERVICES LIMITED**
0.18
8.27% Madhya Pradesh State Govt - 2025 - Madhya Pradesh
0.18
NUVAMA WEALTH AND INVESTMENT LTD**
0.18
6.9% Tamil Nadu State Govt - 2025 - Tamil Nadu
0.13
ICICI SECURITIES LIMITED**
0.09
Panatone Finvest Ltd.**
0.09
PUNJAB NATIONAL BANK
0.09
8.16% Maharashtra State Govt - 2025 - Maharashtra
0.06
8.29% Tamil Nadu State Govt - 2025 - Tamil Nadu
0.02
Net Current Assets/(Liabilities)
-5.99

Sector Holding%
Miscellaneous
64.64

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

Most Recent Dividend

Dividend Details

Record Date Dividend (%)
13/11/2024
66.86
13/08/2024
70.50
14/05/2024
62.38
13/03/2024
81.31
13/02/2024
66.09
13/12/2023
60.95
15/11/2023
67.64
17/08/2022
44.39
13/07/2022
48.95
15/03/2022
29.89
15/02/2022
14.26
13/01/2022
33.79
14/12/2021
33.97
15/11/2021
29.63
13/10/2021
25.58
15/12/2020
31.39
13/11/2020
37.46
13/10/2020
40.21
15/09/2020
34.19
13/08/2020
28.34
14/07/2020
66.56
15/06/2020
65.49
13/05/2020
75.24
15/04/2020
52.10
13/03/2020
43.39
13/02/2020
50.13
14/01/2020
51.83
13/12/2019
49.82
14/11/2019
58.35
15/10/2019
60.33
13/09/2019
61.55
14/08/2019
82.00
15/07/2019
69.02
13/06/2019
76.75
14/05/2019
57.67
15/04/2019
82.22
13/03/2019
60.83
13/02/2019
65.96
15/01/2019
64.15
13/12/2018
74.18
13/11/2018
65.24
15/10/2018
64.47
14/09/2018
55.80
14/08/2018
66.01
13/07/2018
63.12
13/06/2018
56.91
15/05/2018
58.46
13/04/2018
68.24
13/03/2018
53.09
13/02/2018
56.50
14/01/2018
55.30
13/12/2017
50.77
14/11/2017
56.43
13/10/2017
53.66
15/08/2017
59.46
13/07/2017
54.96
13/06/2017
56.35
14/05/2017
53.28
13/04/2017
54.74
15/03/2017
53.13
14/02/2017
58.18
13/01/2017
54.58
14/12/2016
51.04
16/11/2016
62.40
14/10/2016
60.12
13/09/2016
59.70
15/08/2016
61.34
13/07/2016
61.07
14/06/2016
68.56
13/05/2016
66.51
13/04/2016
74.92
15/03/2016
67.62
14/02/2016
64.17
13/01/2016
61.62
15/12/2015
64.10
15/11/2015
67.36
13/10/2015
60.60
15/09/2015
70.45
13/08/2015
65.78
14/07/2015
70.28
14/06/2015
71.90
13/05/2015
68.13
14/04/2015
82.61
13/03/2015
65.74
13/02/2015
72.05
13/01/2015
67.47
14/12/2014
65.54
13/11/2014
71.74
14/10/2014
74.81
14/09/2014
73.27
13/08/2014
68.21
15/07/2014
76.34
13/06/2014
75.42
13/05/2014
67.32
16/04/2014
91.15
13/03/2014
68.22
13/02/2014
73.15
14/01/2014
79.12
13/12/2013
75.10
13/11/2013
77.94
15/10/2013
93.07
13/09/2013
93.54
14/08/2013
2.96
14/05/2013
51.92
13/03/2013
67.66
13/02/2013
69.14
15/01/2013
0.33

Holding Type Holding %
CARE A1+
18.54
Cash
-5.99
CRISIL A1+
47.49
FITCH A1+
13.94
ICRA A1+
9.17
Sov
16.59
Unrated
0.22

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 ₹26,727.60 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 ₹0.18(0.01%)yesterday to ₹1198.3638.

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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