How to Invest in Kotak Floating Rate Fund Direct Growth?

You can easily invest in Kotak Floating Rate Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for Kotak Floating Rate Fund Direct Growth from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in Kotak Floating Rate Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Kotak Floating Rate Fund Direct Growth provide?

The Kotak Floating Rate Fund Direct Growth has been there from 14 May 2019 and the average annual returns provided by this fund is 7.41% since its inception.

How much expense ratio is charged by Kotak Floating Rate Fund Direct Growth?

The term Expense Ratio used for Kotak Floating Rate Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of Kotak Floating Rate Fund Direct Growth is 0.22% as of 04 Dec 2023...

What is the AUM of Kotak Floating Rate Fund Direct Growth?

The AUM, short for Assets Under Management of Kotak Floating Rate Fund Direct Growth is ₹5,489.79Cr as of 04 Dec 2023.

How to Redeem Kotak Floating Rate Fund Direct Growth?

If you want to sell your Kotak Floating Rate Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Kotak Floating Rate Fund Direct Growth?

You can select either SIP or Lumpsum investment of Kotak Floating Rate Fund Direct Growth based on your investment objective and risk tolerance.

What is the NAV of Kotak Floating Rate Fund Direct Growth?

The NAV of Kotak Floating Rate Fund Direct Growth is ₹1,350.97 as of 01 Dec 2023.

What is the PE and PB ratio of Kotak Floating Rate Fund Direct Growth?

The PE ratio ratio of Kotak Floating Rate Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Kotak Floating Rate Fund Direct Growth - NAV, Mutual Fund Performance & Portfolio

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Kotak Floating Rate Fund Direct Growth
Debt
Floater
Low to Moderate Risk
5.28%
3Y annualised
-0.01% 1D
1M
6M
1Y
3Y
All
 NAV: 01 Dec 2023₹1,350.97
Min. SIP amount₹100
Rating2
Fund size₹5,489.79Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Debt Floater
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA7.4%5.3%6.8%
Category averageNA7.1%5.0%NA
Rank with in categoryNA76NA
Understand terms
Holdings (46)NameSectorInstrumentAssets
GOI
SovereignGOI FRB17.2%
HDFC Bank Ltd.
FinancialNCD9.1%
Power Finance Corporation Ltd.
FinancialFRD6.3%
Canara Bank
FinancialCD5.3%
Jamnagar Utilities and Power Pvt. Ltd.
Capital GoodsDebenture3.9%
National Bank For Agriculture & Rural Development
FinancialDebenture3.5%
REC Ltd.
FinancialNCD2.9%
REC Ltd.
FinancialBonds/NCD2.7%
Small Industries Devp. Bank of India Ltd.
FinancialDebenture2.7%
ONGC Petro Additions Ltd.
EnergyNCD2.7%
See All
DisclaimerThis content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Nextbillion Technology Pvt. Ltd. (Groww), do not guarantee the accuracy of such information, or assure its completeness, or warrant that such information will not be changed.
All comparisons are done with the category average metrics for this category.
Pros and cons
Category: Debt Floater
Pros
Cons
Exit load is zero
Low rating: 2
Lower expense ratio: 0.22%
Average credit rating of the fund's holdings: AAA
This fund has holdings of the highest quality
Consistently higher annualised returns than category average for the past 1Y and 3Y
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
27 Nov 2023 - Present
0.22%
26 Nov 2023 - 27 Nov 2023
0.22%
25 Nov 2023 - 26 Nov 2023
0.22%
24 Nov 2023 - 25 Nov 2023
0.22%
23 Nov 2023 - 24 Nov 2023
0.22%
22 Nov 2023 - 23 Nov 2023
0.22%
21 Nov 2023 - 22 Nov 2023
0.22%
20 Nov 2023 - 21 Nov 2023
0.22%
19 Nov 2023 - 20 Nov 2023
0.22%
18 Nov 2023 - 19 Nov 2023
0.22%
17 Nov 2023 - 18 Nov 2023
0.22%
16 Nov 2023 - 17 Nov 2023
0.22%
15 Nov 2023 - 16 Nov 2023
0.22%
14 Nov 2023 - 15 Nov 2023
0.22%
13 Nov 2023 - 14 Nov 2023
0.22%
12 Nov 2023 - 13 Nov 2023
0.22%
11 Nov 2023 - 12 Nov 2023
0.22%
10 Nov 2023 - 11 Nov 2023
0.22%
09 Nov 2023 - 10 Nov 2023
0.22%
08 Nov 2023 - 09 Nov 2023
0.22%
07 Nov 2023 - 08 Nov 2023
0.22%
06 Nov 2023 - 07 Nov 2023
0.22%
05 Nov 2023 - 06 Nov 2023
0.22%
04 Nov 2023 - 05 Nov 2023
0.22%
03 Nov 2023 - 04 Nov 2023
0.22%
02 Nov 2023 - 03 Nov 2023
0.22%
01 Nov 2023 - 02 Nov 2023
0.22%
31 Oct 2023 - 01 Nov 2023
0.22%
30 Oct 2023 - 31 Oct 2023
0.22%
29 Oct 2023 - 30 Oct 2023
0.22%
28 Oct 2023 - 29 Oct 2023
0.22%
27 Oct 2023 - 28 Oct 2023
0.22%
26 Oct 2023 - 27 Oct 2023
0.22%
25 Oct 2023 - 26 Oct 2023
0.22%
24 Oct 2023 - 25 Oct 2023
0.22%
23 Oct 2023 - 24 Oct 2023
0.22%
22 Oct 2023 - 23 Oct 2023
0.22%
21 Oct 2023 - 22 Oct 2023
0.22%
20 Oct 2023 - 21 Oct 2023
0.22%
19 Oct 2023 - 20 Oct 2023
0.22%
18 Oct 2023 - 19 Oct 2023
0.22%
17 Oct 2023 - 18 Oct 2023
0.22%
16 Oct 2023 - 17 Oct 2023
0.22%
15 Oct 2023 - 16 Oct 2023
0.22%
14 Oct 2023 - 15 Oct 2023
0.22%
13 Oct 2023 - 14 Oct 2023
0.22%
12 Oct 2023 - 13 Oct 2023
0.22%
11 Oct 2023 - 12 Oct 2023
0.22%
10 Oct 2023 - 11 Oct 2023
0.22%
09 Oct 2023 - 10 Oct 2023
0.22%
08 Oct 2023 - 09 Oct 2023
0.22%
07 Oct 2023 - 08 Oct 2023
0.22%
06 Oct 2023 - 07 Oct 2023
0.22%
05 Oct 2023 - 06 Oct 2023
0.22%
04 Oct 2023 - 05 Oct 2023
0.22%
03 Oct 2023 - 04 Oct 2023
0.22%
02 Oct 2023 - 03 Oct 2023
0.22%
01 Oct 2023 - 02 Oct 2023
0.22%
30 Sep 2023 - 01 Oct 2023
0.22%
29 Sep 2023 - 30 Sep 2023
0.22%
28 Sep 2023 - 29 Sep 2023
0.22%
27 Sep 2023 - 28 Sep 2023
0.22%
26 Sep 2023 - 27 Sep 2023
0.22%
25 Sep 2023 - 26 Sep 2023
0.22%
24 Sep 2023 - 25 Sep 2023
0.22%
23 Sep 2023 - 24 Sep 2023
0.22%
22 Sep 2023 - 23 Sep 2023
0.22%
21 Sep 2023 - 22 Sep 2023
0.22%
20 Sep 2023 - 21 Sep 2023
0.22%
19 Sep 2023 - 20 Sep 2023
0.22%
18 Sep 2023 - 19 Sep 2023
0.22%
17 Sep 2023 - 18 Sep 2023
0.22%
16 Sep 2023 - 17 Sep 2023
0.22%
15 Sep 2023 - 16 Sep 2023
0.22%
14 Sep 2023 - 15 Sep 2023
0.22%
13 Sep 2023 - 14 Sep 2023
0.22%
12 Sep 2023 - 13 Sep 2023
0.22%
11 Sep 2023 - 12 Sep 2023
0.22%
10 Sep 2023 - 11 Sep 2023
0.22%
09 Sep 2023 - 10 Sep 2023
0.22%
08 Sep 2023 - 09 Sep 2023
0.22%
07 Sep 2023 - 08 Sep 2023
0.22%
06 Sep 2023 - 07 Sep 2023
0.22%
05 Sep 2023 - 06 Sep 2023
0.22%
04 Sep 2023 - 05 Sep 2023
0.22%
03 Sep 2023 - 04 Sep 2023
0.22%
02 Sep 2023 - 03 Sep 2023
0.22%
01 Sep 2023 - 02 Sep 2023
0.22%
31 Aug 2023 - 01 Sep 2023
0.22%
31 Jul 2023 - 31 Aug 2023
0.22%
30 Jun 2023 - 31 Jul 2023
0.22%
31 May 2023 - 30 Jun 2023
0.22%
30 Apr 2023 - 31 May 2023
0.23%
31 Mar 2023 - 30 Apr 2023
0.23%
28 Feb 2023 - 31 Mar 2023
0.22%
31 Jan 2023 - 28 Feb 2023
0.22%
31 Dec 2022 - 31 Jan 2023
0.22%
31 Dec 2022 - 31 Dec 2022
0.22%
31 Dec 2022 - 31 Dec 2022
0.22%
30 Nov 2022 - 31 Dec 2022
0.22%
30 Nov 2022 - 30 Nov 2022
0.22%
30 Nov 2022 - 30 Nov 2022
0.22%
31 Oct 2022 - 30 Nov 2022
0.22%
31 Oct 2022 - 31 Oct 2022
0.22%
31 Oct 2022 - 31 Oct 2022
0.22%
31 Oct 2022 - 31 Oct 2022
0.22%
30 Sep 2022 - 31 Oct 2022
0.22%
30 Sep 2022 - 30 Sep 2022
0.22%
30 Sep 2022 - 30 Sep 2022
0.22%
31 Aug 2022 - 30 Sep 2022
0.22%
31 Aug 2022 - 31 Aug 2022
0.22%
31 Jul 2022 - 31 Aug 2022
0.22%
31 Jul 2022 - 31 Jul 2022
0.22%
30 Jun 2022 - 31 Jul 2022
0.22%
30 Jun 2022 - 30 Jun 2022
0.22%
31 May 2022 - 30 Jun 2022
0.22%
31 May 2022 - 31 May 2022
0.22%
30 Apr 2022 - 31 May 2022
0.22%
30 Apr 2022 - 30 Apr 2022
0.22%
31 Mar 2022 - 30 Apr 2022
0.22%
31 Mar 2022 - 31 Mar 2022
0.22%
28 Feb 2022 - 31 Mar 2022
0.22%
28 Feb 2022 - 28 Feb 2022
0.22%
31 Jan 2022 - 28 Feb 2022
0.22%
31 Dec 2021 - 31 Jan 2022
0.22%
30 Nov 2021 - 31 Dec 2021
0.22%
31 Oct 2021 - 30 Nov 2021
0.22%
30 Sep 2021 - 31 Oct 2021
0.22%
31 Aug 2021 - 30 Sep 2021
0.22%
31 Jul 2021 - 31 Aug 2021
0.22%
30 Jun 2021 - 31 Jul 2021
0.22%
31 May 2021 - 30 Jun 2021
0.22%
30 Apr 2021 - 31 May 2021
0.22%
31 Mar 2021 - 30 Apr 2021
0.22%
28 Feb 2021 - 31 Mar 2021
0.22%
31 Jan 2021 - 28 Feb 2021
0.22%
31 Dec 2020 - 31 Jan 2021
0.23%
30 Nov 2020 - 31 Dec 2020
0.23%
31 Oct 2020 - 30 Nov 2020
0.23%
30 Sep 2020 - 31 Oct 2020
0.23%
31 Aug 2020 - 30 Sep 2020
0.23%
31 Jul 2020 - 31 Aug 2020
0.23%
30 Jun 2020 - 31 Jul 2020
0.23%
31 May 2020 - 30 Jun 2020
0.23%
30 Apr 2020 - 31 May 2020
0.23%
31 Mar 2020 - 30 Apr 2020
0.23%
29 Feb 2020 - 31 Mar 2020
0.23%
31 Jan 2020 - 29 Feb 2020
0.23%
31 Dec 2019 - 31 Jan 2020
0.23%
30 Nov 2019 - 31 Dec 2019
0.23%
31 Oct 2019 - 30 Nov 2019
0.23%
30 Sep 2019 - 31 Oct 2019
0.23%
31 Aug 2019 - 30 Sep 2019
0.23%
31 Jul 2019 - 31 Aug 2019
0.23%
30 Jun 2019 - 31 Jul 2019
0.23%
31 May 2019 - 30 Jun 2019
0.23%
Expense ratio, exit load and taxExpense ratio: 0.22%Inclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed as per your Income Tax slab.
Understand terms
Check past data
Minimum investment amountsMin. for 1st investment₹100
Min. for 2nd investment onwards₹100
Min. for SIP₹100
Fund managementDeepak Agrawal
May 2019 - Present
View details
Education
Mr. Agrawal is Post Graduate in Commerce from Mumbai University, Chartered Accountant, Company Secretary and CFA.
Experience
He has been associated with Kotak AMC since 2000.
Also manages these schemes
Kotak Bond Short Term Fund Direct Growth
Kotak Credit Risk Fund Direct Growth
Kotak Money Market Fund Direct Growth
Kotak Savings Fund Direct Growth
Kotak Dynamic Bond Fund Direct Growth
Kotak Liquid Direct Growth
Kotak Banking and PSU Debt Fund Direct Growth
Kotak Medium Term Fund Direct Growth
Kotak Corporate Bond Fund Direct Growth
Kotak Low Duration Fund Direct Growth
Kotak FMP Series 211 Direct Growth
Kotak FMP Series 212 Direct Growth
Kotak FMP Series 220 1150 Days Direct Growth
Kotak FMP Series 225 1128 Days Direct Growth
Kotak FMP Series 226 1470 Days Direct Growth
Kotak FMP Series 230 1140 Days Direct Growth
Kotak FMP Series 239 1330 Days Direct Growth
Kotak FMP Series 242 1152 Days Direct Growth
Kotak FMP Series 253 1260 Days Direct Growth
Kotak FMP Series 254 1250 Days Direct Growth
Kotak Overnight Fund Direct Growth
Kotak FMP Series 265 1194 Days Direct Growth
Kotak FMP Series 267 1182 Days Direct Growth
Kotak Floating Rate Fund Direct Growth
Kotak FMP Series 291 1826 Days Direct Growth
Kotak FMP Series 292 1735 Days Direct Growth
Manu Sharma
Nov 2022 - Present
View details
Education
Mr. Sharma has done M.Com and CA.
Experience
He has over 17 years of experience in fields of Fixed Income Fund Management, Operations, Finance Audit and Taxation.
Also manages these schemes
Kotak Money Market Fund Direct Growth
Kotak Savings Fund Direct Growth
Kotak Corporate Bond Fund Direct Growth
Kotak Low Duration Fund Direct Growth
Kotak Floating Rate Fund Direct Growth
Kotak FMP Series 292 1735 Days Direct Growth
Palha Khanna
Jul 2023 - Present
View details
Also manages these schemes
Kotak Bond Fund Direct Growth
Kotak Bond Short Term Fund Direct Growth
Kotak Credit Risk Fund Direct Growth
Kotak Money Market Fund Direct Growth
Kotak Savings Fund Direct Growth
Kotak Dynamic Bond Fund Direct Growth
Kotak Gilt Investment PF & Trust Direct Growth
Kotak Liquid Direct Growth
Kotak Debt Hybrid Fund Direct Growth
Kotak Banking and PSU Debt Fund Direct Growth
Kotak Medium Term Fund Direct Growth
Kotak Corporate Bond Fund Direct Growth
Kotak Low Duration Fund Direct Growth
Kotak Overnight Fund Direct Growth
Kotak Floating Rate Fund Direct Growth
Fund house & investment objective
Kotak Mahindra Mutual Fund
Rank (total assets)#5 in India
Total AUM₹2,85,392.44Cr
Date of Incorporation05 Aug 1994
 Kotak Floating Rate Fund Direct Growth is a Debt Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was made available to investors on 05 Aug 1994. Deepak Agrawal is the Current Fund Manager of Kotak Floating Rate Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹2,85,392 Cr and the Latest NAV as of 01 Dec 2023 is ₹1,350.97.
The Kotak Floating Rate Fund Direct Growth is rated Low to Moderate risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹100.
;
Investment ObjectiveThe scheme seeks to generate income through investment primarily in floating rate debt instruments, fixed rate debt instruments swapped for floating rate returns and money market instruments.
;
Fund benchmarkNIFTY Short Duration Index
Scheme Information Document(SID)
Fund house contact details
Address
27 BKC, C-27, G Block,Bandra Kurla Complex,Bandra (E) Mumbai 400051
Phone
022-61152100 / 1800-22-2626
Launch Date
05 Aug 1994
E-mail
[email protected]
Website
Kotak Mahindra Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]
Website
www.camsonline.com
Compare funds
Kotak Floating Rate Fund Direct Growth
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Add mutual fund to compare

	6M	1Y	3Y	All
Fund returns	NA	7.4%	5.3%	6.8%
Category average	NA	7.1%	5.0%	NA
Rank with in category	NA	7	6	NA

Name	Sector	Instrument	Assets
GOI	Sovereign	GOI FRB	17.2%
HDFC Bank Ltd.	Financial	NCD	9.1%
Power Finance Corporation Ltd.	Financial	FRD	6.3%
Canara Bank	Financial	CD	5.3%
Jamnagar Utilities and Power Pvt. Ltd.	Capital Goods	Debenture	3.9%
National Bank For Agriculture & Rural Development	Financial	Debenture	3.5%
REC Ltd.	Financial	NCD	2.9%
REC Ltd.	Financial	Bonds/NCD	2.7%
Small Industries Devp. Bank of India Ltd.	Financial	Debenture	2.7%
ONGC Petro Additions Ltd.	Energy	NCD	2.7%

Rank (total assets)	#5 in India
Total AUM	₹2,85,392.44Cr

Date of Incorporation	05 Aug 1994

Fund benchmark	NIFTY Short Duration Index

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Min. for 1st investment	₹100
Min. for 2nd investment onwards	₹100

Rating	2
Fund size	₹5,489.79Cr

Kotak Floating Rate Fund Direct Growth

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (46)

Disclaimer

Pros and cons

Pros

Cons

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 0.22%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Deepak AgrawalMay 2019 - PresentView details

Manu SharmaNov 2022 - PresentView details

Palha KhannaJul 2023 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Deepak Agrawal
May 2019 - Present
View details

Manu Sharma
Nov 2022 - Present
View details

Palha Khanna
Jul 2023 - Present
View details