Group Fund
Kotak Group Bond Fund
(ULGF-004-15/04/04-BNDFND-107)
MONTHLY UPDATE JANUARY 2024
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AS ON 31st December 2023
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Returns will be in line with those of fixed interest instruments, and may provide little protection against unexpected inflation increases. Will preserve capital and minimize downside risk, with investment in debt and government instruments.
Date of Inception
15th April 2004
AUM (in Lakhs)
2,84,928.15
NAV
49.6953
Fund Manager
Debt : Manoj Bharadwaj
Benchmark Details
Equity - 0% (NA)
Debt - 100% (Crisil Composite Bond))
Debt - 100% (Crisil Composite Bond))
Modified Duration
Debt & Money Market Instruments : 6.23
Asset Allocation
| Approved (%) | Actual (%) | |
| Gsec | 00 - 75 | 61 |
| Debt | 25 - 100 | 35 |
| MMI / Others | 00 - 40 | 4 |
Performance Meter
| Kotak Group Bond Fund (%) | Benchmark (%) | |
| 1 month | 1.1 | 1.0 |
| 3 months | 1.6 | 1.6 |
| 6 months | 2.7 | 3.0 |
| 1 year | 6.5 | 7.3 |
| 2 years | 4.3 | 4.9 |
| 3 years | 3.7 | 4.4 |
| 4 years | 5.9 | 6.3 |
| 5 years | 7.1 | 7.2 |
| 6 years | 7.1 | 7.0 |
| 7 years | 6.7 | 6.6 |
| 10 years | 8.4 | 8.2 |
| Inception | 8.5 | 6.7 |
| Holdings | % to Fund |
| G-Sec | 60.65 |
| 7.18% GOI - 24.07.2037 | 15.61 |
| 7.18% GOI - 14.08.2033 | 12.11 |
| 7.25% GOI - 12.06.2063 | 7.46 |
| 7.30% GOI - 19.06.2053 | 6.24 |
| 7.36% GOI - 12.09.2052 | 3.04 |
| GOI FRB - 22.09.2033 | 1.66 |
| 7.26% GOI - 06.02.2033 | 1.44 |
| 7.17% GOI - 17.04.2030 | 1.29 |
| 7.41% AP SDL 26.04.2030 | 1.19 |
| 7.06% GOI - 10.04.2028 | 1.02 |
| Others | 9.57 |
| Corporate Debt | 34.56 |
| 7.80% HDFC BANK - 03.05.2033 | 2.16 |
| 8.55% HDFC BANK - 27.03.2029 | 1.52 |
| 7.97% HDFC BANK - 17.02.2033 | 1.41 |
| 8.54% REC - 15.11.2028 | 1.40 |
| 8.03% Sundaram Home Finance Ltd -22.11.2024 | 1.37 |
| 7.60% PFC - 25.08.2033 | 1.31 |
| 6.25% Cholamandalam Invest and Fin co ltd - 21.02.2024 | 1.29 |
| 6.45% REC - 07.01.2031 | 1.29 |
| 7.38% Cholamandalam Invest and Fin co Ltd - 31.07.2024 | 1.26 |
| 8.60% Bharti Telecom Limited Series XIV - 12.12.2025 | 1.24 |
| Others | 20.31 |
| MMI | 3.41 |
| NCA | 1.38 |
**NIC 2008 - Industrial sector as defined under National Industrial Classification 2008.
