1. finance
2. bank

57
EXPERT SPEAK
Mr. Nilesh Shah
April 30, 2015
Dear Friends,
Equities market suddenly finds itself in the throes of a bear sentiment. The two benchmark indices, SENSEX and Nifty have declined by -7.55%
and -7.49% since the Feb month. A coming together of multiple issues may have caused this change in trend.
Firstly, there is an element of wariness, especially amongst FII segment with respect to the Minimum Alternative Tax (MAT) levy. While the actual
tax notices do not run more than a few hundred crores, the uncertainty about the jurisdiction, the incidence and the retrospective scrutiny, has
created risk perception. Until further clarification and resolution on this issue, the MAT levy may continue to dampen the investor sentiment for
some more time.
In the similar time frame, the nearly 45% price rally in the international crude oil prices since Jan-15 has also caused concerns in the market. The
brent crude has jumped from US$ 45 per barrel (p/b) to around US$ 65 p/b. On account of this comeback in the crude oil prices, marginal
anxieties with respect to current account deficit and fiscal deficit have again cropped up. The government for now seems intent on managing
the fiscal and current account burden prudently. The marked-linked recent hike in the petrol and diesel prices is indicative of that intent. The
government is allowing the demand-supply equation to balance itself, rather than weigh down the fiscal balancesheet.
Another major issue for the market would be the government’s inclination to push through critical reforms pending before parliament –
especially the Land Acquisition bill (LAB), the Goods and Services Tax bill (constitutional amendment) and the Real Estate Regulatory bill.
On a similar note, there has been considerable success in taming CPI inflation which has come down from double digit levels to current levels of
5.17%. However, the untimely rains in Feb-March may adversely impact the agri supplies and push up inflation. More importantly, the likelihood
of a below normal monsoon is a cause of concern, and needs preparation. Over the long term, it is vital that the majority of population, which is
agriculture dependent for its livelihood; finds employment in industrial or services sector. For this, the widespread infiltration of the
infrastructure; and the integration of the markets- becomes very critical (and thus the need for LAB & GST) to ensure sustainable and inclusive
growth.
Corrections in the markets are part and parcel of the journey. Current market correction provides a great opportunity to enter. Any economic
parameter be it gdp growth, inflation, fiscal deficit, current account deficit, currency volatility, foreign exchange reserves, sovereign rating,
interest rates for government and corporates, savings rate, investment rate have shown significant improvement over last twelve month.
Qualitative parameters like transparency in decision making, availability of decision makers and regulators, auctioning of natural resources,
governments push for infrastructure development etc also shows significant improvement over last twelve months.
Let me narrate few incidences which will help you appreciate that things have started moving on ground.
-
I had a meeting with a Road contractor. He had bid for the NHAI project on E-Tender basis and got the LOA (letter of acceptance) in
three hours on e-mail. In previous era, it used to take six months. Government is planning to spend four times more than last year for
building of Roads. It would be fair to say that Road sector is likely to see ‘ache din’ in times ahead.
-
At another occasion, I had a meeting with an Iron ore miner. As you are aware many iron ore mines have closed due to court orders.
India had to import iron ore in last few years to run its steel plants. Iron ore mining is likely to begin in Odisha in near future, boosting
domestic production by more than 20%. Many coal mines will also become operational post auctions, to sustain mining boom.
-
Likewise, I had meeting with a railway contractor. He mentioned that railway orders have started flowing - with transparency in
tendering. As the rules of games are changing, there is a little bit of turmoil, since old business models are giving way for new and
better business models.
-
IN another instance, I had a meeting with a power equipment supplier who mentioned that there is a hope for future as PSUs have
started issuing orders.
There are many people who are complaining for things which have not been accomplished; or that the pace of change is not up to their
expectations. However an oil tanker can’t run at the pace of a speed boat. We need to manage pulls and pressure of a boisterous democracy. Our
infrastructure is below global standards. Our Governance needs to improve. Despite many more challenges in the past, SENSEX has delivered
14.64 % return since 1991. I am sure future will be equally rewarding for patient Investors.
Best Wishes and Regards,
Nilesh Shah
Managing Director
1
EQUITY VIEW
INDIA: Global events and FPI tax uncertainty impact market sentiment
Apr'15 proved to be a volatile month for Indian equities with the large cap CNX Nifty Index down 3.6% and the CNX Mid cap Index down 2.4% in INR terms.
Concerns over applicability on Minimum Alternate Tax (MAT) on foreign institutional investors retrospectively, fear of Grexit, rise in oil prices, a softer rural India, a
weak start to Mar'15 quarter earnings season and a weaker INR weighed on market sentiment. Net FII investment in Indian equities in Apr'15 stood at USD1.7Bn
and while trends in debt were weak with outflows at USD1Mn. CYTD, FII net investment in debt and equity stood at USD 6.9Bn and USD7.8Bn respectively.
Over the last 12 months, India's macro-economic variables have meaningfully improved faster than we expected due to a sharp correction in global oil prices.
However, corporate earnings are yet to recover making the market vulnerable to any negative news flow in the interim. In our view, increased spending by the
government in FY16 and transmission of recent policy rate cuts to lending rates will lead the earnings recovery towards end FY16 with a more pronounced effect
likely in FY17. The recent correction therefore provides a more reasonable entry point for medium-term investors in a market with multi-year growth potential. The
main-line large cap index NIFTY is currently trading at 14.2x FY17E EPS with earnings growth projected at 15.9% for FY16E and at 17.1% in FY17E.
Minimum Alternative Tax weighs on FPI sentiment; clarification needed
Minimum alternate Tax (MAT) is a tax on book profits and was intended to tax companies that were not paying tax due to tax deductions/incentives. The
applicability of MAT to foreign companies has been a subject matter of debate/litigation. The Finance Bill 2015 has proposed amendments to MAT provisions
exempting long-term and short-term capital gains of foreign portfolio investors (FPIs) from MAT w.e.f April 1, 2015, if transactions were routed through the stock
exchanges. Accordingly, Income Tax department sent notices for FIIs to pay MAT for the past assessment years. Notably, foreign investors in India are exempt from
long-term capital gains tax and pay 15% tax on short-term listed equity gains and 5% on interest income from government and other bonds.
The government has since clarified that investors who are protected by their double tax avoidance treaties would be exempt from paying MAT. As per the latest
reports, the Finance Minister has also exempted income from securities transactions, royalties and technical services from MAT if the normal tax rate on such
income is lower than 18.5%. Hence, interest income on bonds which are subject to tax at 5% currently will not be liable to pay MAT on a prospective basis. The
Finance Minister also exempted MAT on units of business trusts in REITs (real estate investment trusts) and SPVs (special purpose vehicles).
However, there was no clarification given on the imposition of the tax retrospectively. Investors are awaiting a Supreme Court decision pending in the case of
Castleton Investment on the applicability of MAT to foreign income for past years.
Monsoons: Skymet and IMD forecasts differ; still early days
Demand and growth outlook in rural India has been muted in recent times due to (a) a weak crop season in FY15 (b) falling global and domestic agri-prices (c)
lower than expected subsidy/procurement support from the government and (d) slower deployment of national rural employment guarantee scheme outlays. In
this context, a weak monsoon forecast does create further concerns.
As per the first forecast for the 2015 monsoon season (June to September) released by the IMD (Indian Meteorological Department), rainfall for the country as a
whole is most likely to be below normal. It estimates total rainfall at 93% of the Long Period Average (LPA) with a model error of ± 5%. In contrast, Skymet, a
private weather forecaster, has predicted a normal monsoon for India at 102% (+/-4%) of the long-term average of 887 mm for the June-September season. It has
also predicted an early and strong onset of monsoons around 27th May as against 10th June (the usual date for onset). Importantly, Skymet has forecast
particularly good rains in the key agri-rich northern states of Punjab, Haryana and Uttar Pradesh.
It is still too early to draw conclusions over the impact of the monsoons on real GDP growth in FY15 (agriculture has a weightage of 18% in the new GDP series).
While food inflation has remained benign as per the last few readings, India has seen unseasonal rainfall in the last couple of months which could have a bearing
on crop output and inflation (March CPI inflation stood at 5.17%).
With the US Federal Reserve likely to keep policy rates on hold in the near future (given the weak US growth and employment trends), at this juncture we maintain
our view that RBI would further cut policy rates by another 50bps in CY15 and CPI led inflation would average 5-5.5% in FY16. RBI themselves in the last monetary
policy review has indicated that CPI inflation would likely fall to 4% by August 2015 before rising once again towards the end of FY16.
GST and Land Acquisition Bills face stiff opposition
The two key legislative changes capable of meaningfully transforming India, the GST (Goods and Services Tax) bill and the Land Acquisition bill, are still pending
before the Indian Parliament and have been facing opposition. The GST Constitutional Amendment bill needs to be passed with a 2/3rd majority of the Parliament
and then ratified by half of the states.
The Land Acquisition Ordinance has been re-promulgated but the bill faces stiff opposition making passage of the bill in the Rajya Sabha challenging. The ruling
NDA currently holds 59 seats ( out of 243 seats) in the Rajya Sabha. To break the Rajya Sabha impasse, the government has the option to hold a joint session of
Parliament. However, for a bill to be presented in the joint session, it first needs to pass one house (Lok Sabha) and then fail in the next (Rajya Sabha) or 6 months
should have elapsed with the bill in the other House (note 6 months does not mean six calendar months but days that the other House is in session). Also, thus far,
in Indian history, only 3 joint sessions of both the houses of Parliament have been called.
INR/USD dependent on global events; BoP to remain surplus
INR has depreciated marginally by ~0.5% CYTD against the USD. While the INR/USD has been far stronger vis-a-vis some of the other emerging market currencies
this calendar year, the recent weakness of the INR/USD in April (2% depreciation) was on the back of (a) increase in gold imports and (b) recent rise in oil prices. We
believe that given over-valuation of the INR on Real Effective Exchange Rate (REER) basis, RBI is possibly allowing the INR to depreciate marginally in order to
protect the export competitiveness of the country. We expect the INR/USD to average 64 in FY16 as compared to an average of 61.20 in FY15.
EPFO permitted to invest in Indian equities
In a change that that could see over INR75Bn (USD1.2Bn) of retirement savings flowing into the Indian capital markets for the first time, the Indian Labour
Ministry has notified the new investment pattern for the Employee Provident Fund Organization (EPFO). The new pattern allows the retirement fund body to invest
5% of its incremental income in Exchange Traded Funds (ETFs) from the current financial year. This is still at the lower end of 5-15% band suggested by the
government.
2
DEBT VIEW
Items
Apr-15
Mar-15
Change
Reverse Repo
6.50%
6.50%
0
Repo
7.50%
7.50%
0
CRR
4%
4%
0
SLR
21.50%
21.50%
0
Mibor Overnight
7.52%
8.35%
-83 bps
Call(O/N)
7.70%
7.80%
-10bps
CBLO
7.85%
9.26%
-141 bps
1 yr T Bill
7.90%
7.71%
19 bps
10 G Sec
7.86%
7.73%
13 bps
5 Year AAA
8.43%
8.30%
13 bps
USD/INR
63.57
62.59
98 paise
Source: RBI; ICRAonline.
Key Events During the Month:
•
•
Headline CPI (Consumer Price Index, New Series) for March 2015 recorded at 5.17% which was lower than market expectation.
Rupee fell during the month against the US Dollar, declining in value from `62.50 to above `63.50 levels. This was on account of rise crude oil prices and
high trade deficit for the month of March-15.
•
According to the IMD(Indian Meteorological Dept.), the probability of monsoon rains to be deficient (less than 90% of long period average) or below
normal (90-96% of LPA) is 33% and 35% respectively.
•
Post RBI policy, Banks have cut their base rates by 10-15 bps(basis points)
•
US Federal Reserve meeting reaffirms the possibility of first rate hike only in the later half of the year
•
Domestic and Global bond yield have risen by close to 15-20 bps during the month of April-2015
Rupee Outlook:
Rupee has weakened against dollar from 62.59 to 63.57 down by around 1.5%. It was mainly due to dollar outflow from equity market and demand from
importers. We may expect rupee to further depreciate as it may try to stabilize India's export competitiveness in the global market. After a data that showed
weakness in exports growth, RBI may be comfortable in allowing the rupee to decline, but gradually in the near term.
Brent Oil
Brent crude has surged 20% in April on speculation that US shale boom is over and falling rig count may limit supply. Civil war in Yemen has kept the oil market on
edge. We may expect Oil prices to go marginally up from here as the global economy is picking up. Moreover, Saudi Arabia has raised its official selling prices for its
Arab light grade crude to United States and Northwest Europe. These points to strong demand these regions, which is also supporting the global oil prices. Rising
oil prices may have some impact in India's inflation which is already getting impacted due to unseasonal rains.
Outlook
Over the medium to long term period, the market would keenly track US Fed actions to determine the course of monetary policy action in that market. We believe
that the US Fed is likely to show deference to general slowdown in the global economy and may approach any rate hike action in slow deliberation.
We expect the average CPI inflation to be at around 5%. This is well within the RBI comfort zone, thereby creating room for additional 50 bps repo rate cut over the
nd
course of FY16. The April inflation print is expected to be below 5%. We perceive a high probability of a 25 bps repo rate cut on 2 June, 2015.
3
GOLD VIEW
For the month, the spot gold closed at $1204.30 per ounce, up $25.05 per ounce or 2.12%. Gold prices are going through a series of push and pull, with the
metal’s 30-day volatility near the highest in seven weeks. During the month, Gold prices kicked off on a positive note, the rally was prompted by a dovish FOMC
statement that knocked the dollar lower and stimulated buying in yellow metal. The Gold prices went on to rally 7.1% off the March low to $1,224.40/oz in early
April, as the dollar index retreated to around 96.50 from 100 over the same period. During the end of the month, gold headed for the biggest two-day slump since
Oct-14 after US government reported application for U.S. jobless benefits declined to the lowest in 15 years.
The month also witnessed surge in gold imports in India to 100 tonnes as the market restocked ahead of the Akshaya Tritiya festival, even as the high import
premiums are holding up.
Going forward all eyes will be on the dollar, the dollar index (DXY) has had a great run since last July when the index was around the 80 level, climbing some 25% to
the 100 level recently. Currently the most bullish aspect of the Gold prices is that, other safe-haven assets are already expensive, particularly the dollar and the
treasuries. Also the equities markets world over are near record highs. This is at a time when global growth is weak and there is huge amount of government debt
around. It does seem investors will need some solid safe havens again before too long.
(Data Source: lbma.org.uk)
4
EQUITY SCHEMES
INVESTMENT STYLE
Style
Value
Blend Growth
Size
KOTAK 50
Large
Mid
An Open - Ended Equity Scheme
Small
(As on April 30, 2015)
Investment Objective
To generate capital appreciation from a
portfolio of predominantly equity and
equity related securities. The portfolio will
generally comprise of equity and equity
related instruments of around 50
companies which may go up to 59
companies but will not exceed 59 at any
point in time.
Inception Date
December 29,1998
Fund Manager
Mr. Harish Krishnan
Benchmark
CNX Nifty
AAUM (` In Crores)
AAUM as on March 31, 2015: `732.92
Available Plans/Options
A) Regular Plan
B) Direct Plan / Options: Dividend Payout,
Dividend Reinvestment & Growth
(applicable for all plans)
Dividend Frequency
Trustee’s Discretion
Ratios
Portfolio Turnover: 72.51%
$
Beta: 1.06
$
PORTFOLIO
Issuer/Instrument
Industry/Rating
Issuer/Instrument
% to Net
Assets
Equity & Equity related (Listed/Awaiting listing on Stock
Exchange)
ICICI Bank Ltd.
Banks
HDFC Bank Ltd.
Banks
Infosys Ltd.
Software
Larsen And Toubro Ltd.
Construction Project
Axis Bank Ltd
Banks
Tata Consultancy Services Ltd.
Software
Maruti Suzuki India Limited
Auto
Tata Motors Ltd.
Auto
Reliance Industries Ltd.
Petroleum Products
State Bank Of India
Banks
HDFC Ltd.
Finance
Ultratech Cement Ltd.
Cement
ITC Ltd.
Consumer Non Durables
IndusInd Bank Ltd.
Banks
Shree Cement Ltd.
Cement
Lupin Ltd.
Pharmaceuticals
Britannia Industries Ltd.
Consumer Non Durables
Cadila Healthcare Ltd.
Pharmaceuticals
Yes Bank Ltd
Banks
The Ramco Cements Ltd
Cement
MRF Limited
Auto Ancillaries
HCL Technologies Ltd.
Software
Kajaria Ceramics Ltd.
Construction
Sanofi India Ltd.
Pharmaceuticals
Tech Mahindra Ltd.
Software
Bharat Petroleum
Corporation Ltd.
Petroleum Products
Asian Paints Ltd.
Consumer Non Durables
IDFC Limited
Finance
Colgate Palmolive (India ) Ltd.
Consumer Non Durables
Bank Of Baroda
Banks
Hero MotoCorp Ltd.
Auto
Container Corporation of
India Ltd.
Transportation
Industry/Rating
% to Net
Assets
Motherson Sumi Systems Ltd.
Auto Ancillaries
Bharat Forge Ltd.
Industrial Products
Titan Company Ltd.
Consumer Durables
Bharti Airtel Ltd.
Telecom - Services
Jubilant Foodworks Limited
Consumer Non Durables
Siemens Ltd.
Industrial Capital Goods
Tata Chemicals Ltd.
Chemicals
Alstom India Limited
Industrial Capital Goods
Bharat Electronics Ltd
Industrial Capital Goods
Arvind Ltd
Textile Products
Tata Motors Ltd - DVR
Auto
Cummins India Ltd.
Industrial Products
Tata Communications Ltd
Telecom - Services
Blue Dart Express Ltd.
Transportation
Cipla Ltd.
Pharmaceuticals
IL&FS Transportation
Networks Limited
Transportation
Listed/Awaiting Listing on Stock Exchange - Total
Futures
Sun Pharmaceuticals Industries
Ltd.-MAY2015
Futures (Market value represents
Notional Value) - Total
Debt Instruments
Debentures and Bonds
Corporate Debt/Financial Institutions
Blue Dart Express Ltd
ICRA AA
Corporate Debt/Financial Institutions - Total
TERM DEPOSITS
Kotak Mahindra Bank Ltd.
Standard Chartered Bank Ltd
Term Deposits - Total
Collateral Borrowing & Lending obligation
Net Current Assets/(Liabilities) -0.85%
Grand Total
7.57%
7.54%
6.37%
4.88%
4.43%
4.39%
4.20%
4.13%
3.69%
3.63%
2.87%
2.74%
2.44%
1.97%
1.96%
1.89%
1.75%
1.70%
1.56%
1.45%
1.38%
1.33%
1.30%
1.25%
1.24%
1.23%
1.20%
1.20%
1.18%
1.08%
1.07%
1.05%
1.05%
1.04%
1.01%
0.98%
0.97%
0.97%
0.94%
0.92%
0.88%
0.84%
0.78%
0.70%
0.67%
0.49%
0.43%
0.38%
98.72%
0.57%
0.57%
0.01%
0.01%
0.57%
0.23%
0.80%
0.75%
100%
##
Sharpe :0.78
$
Standard Deviation : 15.57%
Source: $ICRA MFI Explorer.
Beta, Standard Deviation & Sharpe Ratio are
calculated on Annualised basis using 3 years
history of monthly returns.
## Risk-free rate assumed to be 7.90% (3
months T-bill yield as on April 30, 2015)
Notes: Term Deposit as provided above is towards margin for derivatives transactions
Other than Hedging Positions through Futures as on 30th April,2015
Underlying
Long/Short
Sun Pharmaceuticals Industries Ltd. MAY
2015 FUTURE
Total %age of existing assets non hedged through futures
Long
0.57%
Futures Price
When purchased
949.3601
Current Price of
the Contract
Margin Maintained
in Lakhs
947.4
78.6786
For the month ended 30th April,2015 other than hedging transactions through futures which have been squared off/expired are as follows;
Total Number of contracts where futures were bought 40, Total number of contracts where futures were sold 40, Gross Notional value of contracts where futures were
bought `182.5 lacs , Gross Notional value of contracts where futures were sold `187.28 lacs and Net profit/(loss) value on all these contracts combined `4.78 lacs
SYSTEMATIC INVESTMENT PLAN (SIP)
Minimum Investment Amount
Initial Investment: `5000 and in multiple
of `1 for purchase and for `0.01 for
switches
Systematic Investment Plan (SIP) If you had invested `5,000 every month
1 year
3 years
5 years
10 years
Additional Investment: `1000 & in
multiples of `1
Total Amount Invested
60,000
1,80,000
3,00,000
6,00,000
9,80,000
Total Value as on 31st Mar 2015 (`)
69,901
2,67,125
4,76,135
13,16,715
50,50,638
Ideal Investments Horizon: 3 years &
above
Scheme Returns (%)
32.06
27.44
18.55
15.02
20.07
CNX Nifty (`)#
64,956
2,43,074
4,31,230
11,49,981
32,46,665
Load Structure
CNX Nifty Returns (%)
15.71
20.55
14.50
12.49
15.14
Entry Load: Nil. (applicable for all plans)
S&P BSE SENSEX (`)^
64,097
2,40,700
4,26,759
11,35,426
33,33,014
Exit Load:
S&P BSE SENSEX Returns (%)
12.94
19.84
14.08
12.26
15.43
I) For redemptions / switch outs (including
SIP/STP) within 18 months from the date of
allotment of units, irrespective of the
amount of investment:1%
ii) For redemptions / switch outs (including
SIP/STP) after 18 months from the date of
allotment of units, irrespective of the
amount of investment: NIL
Since Inception
Scheme Inception : - December 29, 1998. The returns are calculated by XIRR approach assuming investment of `5,000/- on the 1st working day
of every month. XIRR helps in calculating return on investments given an initial and final value and a series of cash inflows and outflows and
taking the time of investment into consideration. Since inception returns are assumed to be starting from the beginning of the subsequent
month from the date of inception. # Benchmark ; ^ Additional Benchmark
Kotak 50 NAV as on March 31, 2015: `45.261 (Dividend Option), `46.006 (Direct Dividend Option), `173.553 (Growth Option),
`176.101 (Direct Growth Option)
SECTOR ALLOCATION (%)
iii) Any exit load charged (net off Service Tax,
if any) shall be credited back to the
respective Scheme. (applicable for all plans)
2.77
13.11
4.07
4.88
4.92
5.27
6.15
7.54
Bonus units and units issued on
reinvestment of dividends shall not be
subject to exit load (applicable for all plans)
Banks
Cement
Finance
Auto
27.78
13.33
10.18
Consumer Non Durables
Petroleum Products Construct
ion Project
Industrial Capital Goods
Others
Software
Pharmaceuticals
PRODUCT LABEL
This product is suitable for investors who are seeking*:
•
Long term capital growth
•
Investment in portfolio of predominantly equity & equity
related securities
•
High risk (Brown)
* Investors should consult their financial advisors if in doubt about
whether the product is suitable for them.
Note: Risk maybe represented as: Investors understand that their
principal will be at
Low risk
(Blue)
Medium risk
(Yellow)
High risk
(Brown)
5
EQUITY SCHEMES
INVESTMENT STYLE
Style
Value
Blend Growth
KOTAK CLASSIC EQUITY
Size
Large
Mid
An Open - Ended Equity Growth Scheme
Small
(As on April 30, 2015)
Investment Objective
To generate capital appreciation from a
diversified portfolio of equity and equity
related securities.
Inception Date
July 27, 2005
Fund Manager
Mr. Emmanuel Elango
Benchmark
CNX 100
AAUM (` In Crores)
AAUM as on March 31, 2015: `130.02
Available Plans/Options
A) Regular Plan
B) Direct Plan / Options: Dividend Payout,
Dividend Reinvestment & Growth
(applicable for all plans)
Dividend Frequency
Trustee’s Discretion
Ratios
Portfolio Turnover:99.81%
$
Beta: 0.87
$
Sharpe :0.84
$
Standard Deviation : 13.03%
##
$
Source: ICRA MFI Explorer.
Beta, Standard Deviation & Sharpe Ratio are
calculated on Annualised basis using 3
years history of monthly returns.
## Risk-free rate assumed to be 7.90% (3
months T-bill yield as on April 30, 2015)
Minimum Investment Amount
PORTFOLIO
Issuer/Instrument
Industry/Rating
% to Net
Assets
Equity & Equity related
Listed/Awaiting listing on Stock Exchange
HDFC Bank Ltd.
Banks
Infosys Ltd.
Software
HDFC Ltd.
Finance
Larsen And Toubro Ltd.
Construction Project
ICICI Bank Ltd.
Banks
Maruti Suzuki India Limited
Auto
Tata Consultancy Services Ltd. Software
Britannia Industries Ltd.
Consumer Non Durables
National Thermal Power
Corporation Limited
Power
Power Grid Corporation Of India
Ltd
Power
Axis Bank Ltd
Banks
IDFC Limited
Finance
Hindustan Unilever Ltd.
Consumer Non Durables
Reliance Industries Ltd.
Petroleum Products
ITC Ltd.
Consumer Non Durables
Sun Pharmaceuticals Industries
Ltd.
Pharmaceuticals
Cairn India Limited
Oil
Yes Bank Ltd
Banks
The Ramco Cements Ltd
Cement
Mahindra & Mahindra Ltd.
Auto
Bharat Heavy Electricals Ltd.
Industrial Capital Goods
Ultratech Cement Ltd.
Cement
Cadila Healthcare Ltd.
Pharmaceuticals
Hero MotoCorp Ltd.
Auto
MBL Infrastructures Ltd.
Construction
Lupin Ltd.
Pharmaceuticals
NMDC Ltd.
Minerals/Mining
Ahluwalia Contracts (India) Ltd. Cement
City Union Bank Ltd.
Banks
Tata Motors Ltd - DVR
Auto
Tata Motors Ltd.
Auto
Initial Investment: `5000 and in multiple
of `1 for purchase and for `0.01 for
switches
7.87%
6.48%
5.89%
5.19%
4.40%
4.22%
3.28%
3.18%
3.05%
2.89%
2.68%
2.63%
2.55%
2.52%
2.35%
2.26%
2.01%
1.96%
1.87%
1.77%
1.64%
1.60%
1.53%
1.52%
1.32%
1.19%
1.17%
1.16%
1.15%
1.15%
1.15%
Issuer/Instrument
Industry/Rating
% to Net
Assets
UPL Ltd
Pesticides
1.14%
Idea Cellular Ltd.
Telecom - Services
1.09%
Tata Steel Limited.
Ferrous Metals
1.07%
IndusInd Bank Ltd.
Banks
1.06%
Bharti Airtel Ltd.
Telecom - Services
1.05%
Tech Mahindra Ltd.
Software
1.01%
Hindustan Zinc Ltd.
Non - Ferrous Metals
1.00%
Hindalco Industries Ltd
Non - Ferrous Metals
0.99%
Indraprastha Gas Ltd.
Gas
0.98%
HCL Technologies Ltd.
Software
0.94%
UFO Moviez Limited
Media and Entertainment 0.94%
Multi Commodity Exchange of
India Limited
Finance
0.73%
State Bank Of India
Banks
0.69%
Oil & Natural Gas Corporation
Ltd.
Oil
0.34%
Cipla Ltd.
Pharmaceuticals
0.27%
Power Finance Corporation Ltd. Finance
0.22%
Rural Electrification Corporation
Ltd
Finance
0.21%
The Indian Hotels Company
Ltd - CCD
Hotels
0.11%
Listed/Awaiting Listing on Stock Exchange - Total
97.47%
Debt Instruments
Debentures and Bonds
Public Sector Undertakings
National Thermal Power Corporation
Ltd.
CRISIL AAA
0.26%
Public Sector Undertakings - Total
0.26%
TERM DEPOSITS
Standard Chartered Bank Ltd
0.11%
Term Deposits - Total
0.11%
Collateral Borrowing & Lending obligation
1.71%
Net Current Assets/(Liabilities)
0.45%
Grand Total
100%
SYSTEMATIC INVESTMENT PLAN (SIP)
Additional Investment: `1000 & in
multiples of `1
Systematic Investment Plan (SIP) If you had invested `5,000 every month
Ideal Investments Horizon: 3 years &
above
1 year
3 years
5 years
Total Amount Invested
60,000
1,80,000
3,00,000
Since Inception
5,85,000
Load Structure
Total Value as on 31st Mar 2015 (`)
67,548
2,59,210
4,70,007
12,07,425
Entry Load: Nil. (applicable for all plans)
Scheme Returns (%)
24.21
25.22
18.01
14.26
Exit Load: Nil. (applicable for all plans),
(w.e.f December 01, 2014)
CNX 100 (`)#
65,626
2,47,631
4,39,262
11,17,467
CNX 500 Returns (%)
17.89
21.89
15.25
12.77
CNX Nifty (`)^
64,956
2,43,074
4,31,230
10,86,074
CNX Nifty Returns (%)
15.71
20.55
14.50
12.22
Scheme Inception : - July 27,2005. The returns are calculated by XIRR approach assuming investment of `5,000/- on the 1st working day of
every month. XIRR helps in calculating return on investments given an initial and final value and a series of cash inflows and outflows and taking
the time of investment into consideration. Since inception returns are assumed to be starting from the beginning of the subsequent month
from the date of inception. # Benchmark ; ^ Additional Benchmark
Kotak Classic Equity NAV as on March 31, 2015: `19.992 (Dividend Option), `20.496 (Direct Dividend Option), `36.084 (Growth Option),
`36.709 (Direct Growth Option)
SECTOR ALLOCATION (%)
17.38
2.52
4.63
5.19
5.25
19.81
11.71
9.81
5.94
8.08
9.68
Finance
Banks Software Auto
Power
Consumer Non Durables
Pharmaceuticals Construction Project
Cement
Petroleum Products Others
PRODUCT LABEL
This product is suitable for investors who are seeking*:
•
Long term capital growth
•
Investment in portfolio of predominantly equity & equity
related securities
•
High risk (Brown)
* Investors should consult their financial advisors if in doubt about
whether the product is suitable for them.
Note: Risk maybe represented as: Investors understand that their
principal will be at
Low risk
(Blue)
Medium risk
(Yellow)
High risk
(Brown)
6
EQUITY SCHEMES
INVESTMENT STYLE
Style
Value
Blend Growth
KOTAK OPPORTUNITIES
Large
Mid
An Open - Ended Equity Growth Scheme
Small
(As on April 30, 2015)
Investment Objective
To generate capital appreciation from a
diversified portfolio of equity and equity
related securities.
Inception Date
September 9, 2004
Fund Manager
Mr. Harsha Upadhyaya
Benchmark
CNX 500
AAUM (` In Crores)
AAUM as on March 31, 2015: `665.12
Available Plans/Options
A) Regular Plan:
B) Direct Plan / Options: Dividend Payout,
Dividend Reinvestment & Growth
(applicable for all plans)
Dividend Frequency
Trustee’s Discretion
Ratios
Portfolio Turnover: 31.21%
$
Beta: 0.96
$
Sharpe :0.94
$
Standard Deviation : 14.86%
##
Source: $ICRA MFI Explorer.
Beta, Standard Deviation & Sharpe Ratio are
calculated on Annualised basis using 3
years history of monthly returns.
## Risk-free rate assumed to be 7.90% (3
months T-bill yield as on April 30, 2015)
Minimum Investment Amount
Initial Investment: `5000 and in multiple
of `1 for purchase and for `0.01 for
switches
PORTFOLIO
Issuer/Instrument
Industry/Rating
Load Structure
Entry Load: Nil. (applicable for all plans)
Exit Load:
I) For redemptions / switch outs (including
SIP/STP) within 1 year from the date of
allotment of units, irrespective of the
amount of investment: 1%
ii) For redemptions / switch outs (including
SIP/STP) after 1 year from the date of
allotment of units, irrespective of the
amount of investment: NIL
iii) Any exit load charged (net off Service Tax,
if any) shall be credited back to the
respective Scheme. (applicable for all plans)
% to Net
Assets
Equity & Equity related
Listed/Awaiting listing on Stock Exchange
ICICI Bank Ltd.
Banks
Infosys Ltd.
Software
Axis Bank Ltd
Banks
HDFC Bank Ltd.
Banks
State Bank Of India
Banks
Britannia Industries Ltd.
Consumer Non Durables
Maruti Suzuki India Limited
Auto
Bajaj Finance Limited
Finance
Motherson Sumi Systems Ltd.
Auto Ancillaries
Larsen And Toubro Ltd.
Construction Project
Tech Mahindra Ltd.
Software
Shree Cement Ltd.
Cement
Tata Motors Ltd.
Auto
Federal Bank Ltd.
Banks
Ultratech Cement Ltd.
Cement
Bharat Petroleum Corporation
Ltd.
Petroleum Products
Lupin Ltd.
Pharmaceuticals
IndusInd Bank Ltd.
Banks
Hindustan Petroleum
Corporation Ltd
Petroleum Products
MRF Limited
Auto Ancillaries
UPL Ltd
Pesticides
MBL Infrastructures Ltd.
Construction
Sun Pharmaceuticals Industries
Ltd.
Pharmaceuticals
HCL Technologies Ltd.
Software
ITC Ltd.
Consumer Non Durables
Multi Commodity Exchange of
India Limited
Finance
Bosch Limited
Auto Ancillaries
Indraprastha Gas Ltd.
Gas
Tata Consultancy Services Ltd. Software
Bank Of Baroda
Banks
6.01%
4.90%
4.48%
4.37%
4.26%
4.16%
3.23%
3.19%
3.18%
2.83%
2.67%
2.62%
2.54%
2.34%
2.32%
2.29%
2.24%
2.15%
1.87%
1.74%
1.71%
1.64%
1.63%
1.58%
1.53%
1.48%
1.42%
1.36%
1.36%
1.33%
Issuer/Instrument
Industry/Rating
% to Net
Assets
Container Corporation of
India Ltd.
Transportation
1.29%
Hindustan Unilever Ltd.
Consumer Non Durables 1.21%
Petronet LNG Ltd.
Gas
1.17%
Arvind Ltd
Textile Products
1.13%
JK Cement Ltd.
Cement
1.12%
Cummins India Ltd.
Industrial Products
1.09%
Whirlpool of India Ltd.
Consumer Durables
1.03%
AIA Engineering Limited
Industrial Capital Goods 1.00%
Ashok Leyland Ltd.
Auto
0.99%
Bharat Forge Ltd.
Industrial Products
0.99%
National Buildings Construction
Corporation Limited
Construction
0.99%
Apollo Tyres Ltd.
Auto Ancillaries
0.96%
CESC Ltd.
Power
0.95%
Prestige Estates Projects Limited Construction
0.95%
The Ramco Cements Ltd
Cement
0.88%
D-Link (India) Ltd
Hardware
0.87%
UFO Moviez Limited
Media and Entertainment 0.71%
SKF India Ltd
Industrial Products
0.67%
Yes Bank Ltd
Banks
0.66%
Kec International Ltd.
Power
0.47%
Swaraj Engines Ltd
Industrial Products
0.38%
Tourism Finance Corporation
of India Ltd.
Finance
0.30%
6% Redm Preference Sh Zee
Entertainment Enterprises Ltd
Media and Entertainment 0.15%
Listed/Awaiting Listing on Stock Exchange - Total
98.39%
TERM DEPOSITS
Kotak Mahindra Bank Ltd.
0.55%
Standard Chartered Bank Ltd
0.12%
Term Deposits - Total
0.67%
Collateral Borrowing & Lending obligation
0.67%
Net Current Assets/(Liabilities)
0.27%
Grand Total
100%
Notes:
Term Deposit as provided above is towards margin for derivatives transactions
SYSTEMATIC INVESTMENT PLAN (SIP)
Additional Investment: `1000 & in
multiples of `1
Ideal Investments Horizon: 3 years &
above
Size
Systematic Investment Plan (SIP) If you had invested `5,000 every month
1 year
3 years
5 years
10 years
Total Amount Invested
60,000
1,80,000
3,00,000
6,00,000
Since Inception
6,35,000
Total Value as on 31st Mar 2015 (`)
71,528
2,81,251
5,03,705
14,39,596
16,92,771
Scheme Returns (%)
37.68
31.33
20.87
16.69
17.54
CNX 500 (`)#
66,458
2,53,468
4,44,884
11,54,440
13,04,741
CNX 500 Returns (%)
20.67
23.60
15.78
12.57
13.00
CNX Nifty (`)^
64,955
2,43,309
4,31,690
11,48,839
13,04,807
CNX Nifty Returns (%)
15.75
20.64
14.55
12.48
13.00
Scheme Inception : - September 09, 2004. The returns are calculated by XIRR approach assuming investment of `5,000/- on the 1st working
day of every month. XIRR helps in calculating return on investments given an initial and final value and a series of cash inflows and outflows and
taking the time of investment into consideration. Since inception returns are assumed to be starting from the beginning of the subsequent
month from the date of inception. # Benchmark ; ^ Additional Benchmark
Kotak Opportunities NAV as on March 31, 2015: `24.566 (Dividend Option), `24.914 (Direct Dividend Option), `82.675
(Growth Option), `83.799 (Direct Growth Option)
Bonus units and units issued on
reinvestment of dividends shall not be
subject to exit load (applicable for all plans)
SECTOR ALLOCATION (%)
3.58
3.87
4.16
4.97
19.41
25.60
10.51
6.76
6.90
6.94
7.30
Banks Software Auto Ancillaries
Cement
Consumer Non Durables Auto
Finance Petroleum Products Pharmaceuticals
Construction Others
PRODUCT LABEL
This product is suitable for investors who are seeking*:
•
Long term capital growth
•
Investment in portfolio of predominantly equity & equity
related securities
•
High risk (Brown)
* Investors should consult their financial advisors if in doubt about
whether the product is suitable for them.
Note: Risk maybe represented as: Investors understand that their
principal will be at
Low risk
(Blue)
Medium risk
(Yellow)
High risk
(Brown)
7
EQUITY SCHEMES
INVESTMENT STYLE
Style
Value
Blend Growth
Size
KOTAK SELECT FOCUS FUND
Large
Mid
An Open - Ended Equity Scheme
Small
(As on April 30, 2015)
Investment Objective
The investment objective of the scheme is
to generate long-term capital appreciation
from a portfolio of equity and equity related
securities, generally focused on a few
selected sectors.
Inception Date
September 11, 2009
Fund Manager
Mr. Harsha Upadhyaya
Benchmark
CNX 200
AAUM (` In Crores)
AAUM as on March 31, 2015: `2055.96
Available Plans/Options
A) Regular Plan
B) Direct Plan / Options: Dividend Payout,
Dividend Reinvestment & Growth
(applicable for all plans)
Dividend Frequency
Trustee’s Discretion
Ratios
Portfolio Turnover: 42.66%
$
Beta: 1.01
$
Sharpe :1.05
$
PORTFOLIO
Issuer/Instrument
Industry/Rating
% to Net
Assets
Equity & Equity related
Listed/Awaiting listing on Stock Exchange
Infosys Ltd.
Software
HDFC Bank Ltd.
Banks
Axis Bank Ltd
Banks
ICICI Bank Ltd.
Banks
Larsen And Toubro Ltd.
Construction Project
State Bank Of India
Banks
Tata Motors Ltd.
Auto
Maruti Suzuki India Limited
Auto
Ultratech Cement Ltd.
Cement
Hindustan Unilever Ltd.
Consumer Non Durables
Britannia Industries Ltd.
Consumer Non Durables
Shree Cement Ltd.
Cement
Bharat Electronics Ltd
Industrial Capital Goods
Tech Mahindra Ltd.
Software
HCL Technologies Ltd.
Software
Max India Ltd.
Finance
Bosch Limited
Auto Ancillaries
Container Corporation of India
Ltd.
Transportation
Sun Pharmaceuticals Industries
Ltd.
Pharmaceuticals
Bajaj Finance Limited
Finance
ITC Ltd.
Consumer Non Durables
Indraprastha Gas Ltd.
Gas
Bank Of Baroda
Banks
MRF Limited
Auto Ancillaries
Hero MotoCorp Ltd.
Auto
Yes Bank Ltd
Banks
Jk Lakshmi Cement Ltd.
Cement
Bharat Petroleum Corporation
Ltd.
Petroleum Products
Cadila Healthcare Ltd.
Pharmaceuticals
Petronet LNG Ltd.
Gas
Hindustan Petroleum
Corporation Ltd
Petroleum Products
5.01%
5.00%
4.17%
4.07%
4.04%
3.99%
3.78%
3.25%
3.07%
2.72%
2.63%
2.63%
2.57%
2.48%
2.36%
2.36%
2.14%
2.08%
2.05%
2.01%
1.92%
1.71%
1.68%
1.60%
1.52%
1.50%
1.43%
1.41%
1.35%
1.34%
1.30%
Issuer/Instrument
Industry/Rating
% to Net
Assets
Federal Bank Ltd.
Banks
Ashok Leyland Ltd.
Auto
Arvind Ltd
Textile Products
IndusInd Bank Ltd.
Banks
Motherson Sumi Systems Ltd.
Auto Ancillaries
IFB Industries Ltd.
Consumer Durables
Bajaj Finserv Ltd.
Finance
Lupin Ltd.
Pharmaceuticals
AIA Engineering Limited
Industrial Capital Goods
Godrej Consumer Products Ltd.
Consumer Non Durables
Astral Polytechnik Ltd
Industrial Products
Apollo Tyres Ltd.
Auto Ancillaries
The Ramco Cements Ltd
Cement
CESC Ltd.
Power
Siemens Ltd.
Industrial Capital Goods
Whirlpool of India Ltd.
Consumer Durables
INOX WIND LIMITED
Power
Bayer Cropscience Ltd.
Pesticides
Kirloskar Brothers Investments
Ltd
Finance
Kec International Ltd.
Power
6% Redm Preference Sh Zee
Entertainment Enterprises Ltd
Media and Entertainment
Listed/Awaiting Listing on Stock Exchange - Total
Futures
Petronet LNG Ltd.-MAY2015
Futures (Market value represents
Notional Value) - Total
TERM DEPOSITS
Kotak Mahindra Bank Ltd.
Standard Chartered Bank Ltd
Term Deposits - Total
Collateral Borrowing & Lending obligation
Net Current Assets/(Liabilities)
Grand Total
1.28%
1.24%
1.16%
1.14%
1.10%
1.07%
1.00%
0.84%
0.79%
0.73%
0.66%
0.65%
0.61%
0.54%
0.46%
0.46%
0.42%
0.40%
0.34%
0.29%
0.04%
94.39%
0.11%
0.11%
0.40%
0.16%
0.56%
6.18%
-1.24%
100%
##
Standard Deviation : 15.51%
$
Notes: Term Deposit as provided above is towards margin for derivatives transactions
Other than Hedging Positions through Futures as on 30th April,2015
Source: ICRA MFI Explorer.
Underlying
Beta, Standard Deviation & Sharpe Ratio are
calculated on Annualised basis using 3
years history of monthly returns.
Petronet LNG Ltd. MAY
2015 FUTURE
Total %age of existing assets non hedged through futures
## Risk-free rate assumed to be 7.90% (3
months T-bill yield as on April 30, 2015)
Minimum Investment Amount
Long/Short
Entry Load: Nil. (applicable for all plans)
Exit Load:
I) For redemptions / switch outs (including
SIP/STP) within 1 year from the date of
allotment of units, irrespective of the
amount of investment:1%
ii) For redemptions / switch outs (including
SIP/STP) after 1 year from the date of
allotment of units, irrespective of the
amount of investment: NIL
iii) Any exit load charged (net off Service Tax,
if any) shall be credited back to the
respective Scheme. (applicable for all plans)
Bonus units and units issued on
reinvestment of dividends shall not be
subject to exit load (applicable for all plans)
167.8805
Margin Maintained
in Lakhs
169.45
43.7265
SYSTEMATIC INVESTMENT PLAN (SIP)
Systematic Investment Plan (SIP) If you had invested `5,000 every month
Additional Investment: `1000 & in
multiples of `1
Load Structure
LONG
0.11%
Current Price of
the Contract
For the month ended 30th April,2015 other than hedging transactions through futures which have been squared off/expired are as
follows;
Total Number of contracts where futures were bought 635, Total number of contracts where futures were sold 635, Gross Notional value of
contracts where futures were bought `2074.02 lacs , Gross Notional value of contracts where futures were sold `2094.32 lacs and Net
profit/(loss) value on all these contracts combined `20.30 lacs
Initial Investment: `5000 and in multiple
of `1 for purchase and for `0.01 for
switches
Ideal Investments Horizon: 3 years &
above
Futures Price
When purchased
1 year
3 years
5 years
Since Inception
Total Amount Invested
60,000
1,80,000
3,00,000
3,35,000
Total Value as on 31st Mar 2015 (`)
71,164
2,90,962
5,32,095
5,87,503
Scheme Returns (%)
36.44
33.91
23.14
20.12
CNX 200 (`)#
66,143
2,50,424
4,40,716
4,99,870
CNX 200 Returns (%)
19.63
22.72
15.39
14.27
CNX Nifty (`)^
64,955
2,43,309
4,31,690
4,91,665
CNX Nifty Returns (%)
15.75
20.64
14.55
13.67
Scheme Inception : - September 11, 2009. The returns are calculated by XIRR approach assuming investment of `5,000/- on the 1st working
day of every month. XIRR helps in calculating return on investments given an initial and final value and a series of cash inflows and outflows and
taking the time of investment into consideration. Since inception returns are assumed to be starting from the beginning of the subsequent
month from the date of inception. # Benchmark ; ^ Additional Benchmark
Kotak Select Focus Fund NAV as on March 31, 2015: `19.432 (Dividend Option), `19.782 (Direct Dividend Option), `22.809 (Growth
Option), `23.207 (Direct Growth Option)
SECTOR ALLOCATION (%)
15.57
4.04
4.24
5.49
5.71
6.74
7.74
22.83
9.85
9.79
8.00
Banks Software Auto Consumer Non Durables
Cement CBLO & Term Deposits & Rev.Repo
Finance
Auto Ancillaries Pharmaceuticals
Construction Project Others
PRODUCT LABEL
This product is suitable for investors who are seeking*:
•
Long term capital growth
•
Investment in portfolio of predominantly equity & equity
related securities generally focussed on a few selected sectors.
•
High risk (Brown)
* Investors should consult their financial advisors if in doubt about
whether the product is suitable for them.
Note: Risk maybe represented as: Investors understand that their
principal will be at
Low risk
(Blue)
Medium risk
(Yellow)
High risk
(Brown)
8
EQUITY SCHEMES
INVESTMENT STYLE
Style
Value
Blend Growth
KOTAK TAX SAVER
Size
Large
Mid
An Open - Ended Equity Linked Savings Scheme
Small
(As on April 30, 2015)
Investment Objective
To generate long-term capital appreciation
from a diversified portfolio of equity and
equity related securities and enable investors
to avail the income tax rebate, as permitted
from time to time.
Inception Date
November 23, 2005
Fund Manager
Mr. Deepak Gupta
Benchmark
CNX 500
AAUM (` In Crores)
AAUM as on March 31, 2015: `507.02
Available Plans/Options
A) Regular Plan
B) Direct Plan / Options: Dividend Payout,
D i v i d e n d R e i n v e s t m e n t & G ro w t h
(applicable for all plans)
Dividend Frequency
Trustee’s Discretion
Ratios
Portfolio Turnover: 48.89%
$
Beta: 1.10
$
Sharpe :0.73
$
Standard Deviation : 16.95%
##
$
Source: ICRA MFI Explorer.
Beta, Standard Deviation & Sharpe Ratio are
calculated on Annualised basis using 3 years
history of monthly returns.
## Risk-free rate assumed to be 7.90% (3
months T-bill yield as on April 30, 2015)
Minimum Investment Amount
PORTFOLIO
Issuer/Instrument
Industry/Rating
% to Net
Assets
Equity & Equity related
Listed/Awaiting listing on Stock Exchange
ICICI Bank Ltd.
Banks
Infosys Ltd.
Software
HDFC Bank Ltd.
Banks
Whirlpool of India Ltd.
Consumer Durables
Axis Bank Ltd
Banks
State Bank Of India
Banks
Larsen And Toubro Ltd.
Construction Project
Maruti Suzuki India Limited
Auto
Tech Mahindra Ltd.
Software
Shree Cement Ltd.
Cement
IndusInd Bank Ltd.
Banks
Tata Motors Ltd.
Auto
SKF India Ltd
Industrial Products
Bajaj Finance Limited
Finance
Britannia Industries Ltd.
Consumer Non Durables
Bharat Petroleum Corporation
Ltd.
Petroleum Products
Ultratech Cement Ltd.
Cement
ITC Ltd.
Consumer Non Durables
Lupin Ltd.
Pharmaceuticals
Federal Bank Ltd.
Banks
Reliance Industries Ltd.
Petroleum Products
Hindustan Unilever Ltd.
Consumer Non Durables
Solar Industries India Limited
Chemicals
Hindustan Petroleum
Corporation Ltd
Petroleum Products
MBL Infrastructures Ltd.
Construction
MRF Limited
Auto Ancillaries
Century Plyboards (India) Ltd.
Consumer Durables
UPL Ltd
Pesticides
HCL Technologies Ltd.
Software
Cadila Healthcare Ltd.
Pharmaceuticals
Container Corporation of
India Ltd.
Transportation
Bank Of Baroda
Banks
Bharat Forge Ltd.
Industrial Products
Multi Commodity Exchange
of India Limited
Finance
Initial Investment: `500 and in multiple of
`500
6.08%
4.76%
4.64%
4.50%
3.76%
3.71%
3.66%
3.04%
2.69%
2.50%
2.35%
2.19%
2.08%
2.06%
2.02%
1.95%
1.91%
1.87%
1.81%
1.80%
1.76%
1.73%
1.55%
1.53%
1.51%
1.50%
1.46%
1.45%
1.44%
1.39%
1.34%
1.29%
1.28%
1.28%
Issuer/Instrument
Industry/Rating
% to Net
Assets
Techno Electric & Engineering
Co Ltd.
Construction Project
1.19%
Max India Ltd.
Finance
1.18%
AIA Engineering Limited
Industrial Capital Goods 1.17%
Bosch Limited
Auto Ancillaries
1.15%
Sun Pharmaceuticals Industries
Ltd.
Pharmaceuticals
1.15%
Arvind Ltd
Textile Products
1.04%
Navneet Education Ltd.
Media and Entertainment 1.03%
Yes Bank Ltd
Banks
1.03%
Ashok Leyland Ltd.
Auto
0.99%
Blue Dart Express Ltd.
Transportation
0.99%
Cummins India Ltd.
Industrial Products
0.97%
Hawkins Cooker Ltd
Household Appliances
0.90%
Texmaco Rail & Engineering Ltd. Industrial Capital Goods 0.83%
Apollo Tyres Ltd.
Auto Ancillaries
0.80%
The Ramco Cements Ltd
Cement
0.72%
The Indian Hotels Company Ltd. Hotels
0.63%
Kewal Kiran Clothing Limited. Textile Products
0.62%
CMC Ltd.
Software
0.57%
Thermax Ltd.
Industrial Capital Goods 0.50%
Tourism Finance Corporation
of India Ltd.
Finance
0.50%
KSB Pump Ltd
Industrial Products
0.45%
The Indian Hotels Company
Ltd - CCD
Hotels
0.14%
6% Redm Preference Sh Zee
Entertainment Enterprises Ltd
Media and Entertainment 0.13%
Listed/Awaiting Listing on Stock Exchange - Total
98.57%
Debt Instruments
Debentures and Bonds
Corporate Debt/Financial Institutions
Blue Dart Express Ltd
ICRA AA
0.03%
Corporate Debt/Financial Institutions - Total
0.03%
TERM DEPOSITS
Standard Chartered Bank Ltd
0.10%
Term Deposits - Total
0.10%
Collateral Borrowing & Lending obligation
1.32%
Net Current Assets/(Liabilities)
-0.02%
Grand Total
100%
SYSTEMATIC INVESTMENT PLAN (SIP)
Additional Investment: ` 500 & in
multiples of `500
Systematic Investment Plan (SIP) If you had invested `5,000 every month
Ideal Investments Horizon: 3 years &
above
1 year
3 years
5 years
Total Amount Invested
60,000
1,80,000
3,00,000
5,65,000
Load Structure
Total Value as on 31st Mar 2015 (`)
73,748
2,81,451
4,93,644
11,22,116
Entry Load: Nil. (applicable for all plans)
Scheme Returns (%)
45.22
31.35
20.03
14.03
Exit Load: Exit Load is not applicable for
Kotak Tax Saver Scheme. (applicable for all
plans)
CNX 500 (`)#
66,473
2,53,313
4,44,548
10,28,868
Bonus units and units issued on reinvestment
of dividends shall not be subject to exit load
(applicable for all plans)
Since Inception
CNX 500 Returns (%)
20.67
23.53
15.74
12.29
CNX Nifty (`)^
64,956
2,43,074
4,31,230
10,14,210
CNX Nifty Returns (%)
15.72
20.55
14.50
12.00
Scheme Inception : - November 23, 2005. The returns are calculated by XIRR approach assuming investment of `5,000/- on the 1st working day
of every month. XIRR helps in calculating return on investments given an initial and final value and a series of cash inflows and outflows and
taking the time of investment into consideration. Since inception returns are assumed to be starting from the beginning of the subsequent
month from the date of inception. # Benchmark ; ^ Additional Benchmark
Kotak Tax Saver NAV as on March 31, 2015: `18.592 (Dividend Option), `19.408 (Direct Dividend Option), `31.398 (Growth Option),
`32.177 (Direct Growth Option)
SECTOR ALLOCATION (%)
23.06
4.78
4.85
5.02
5.13
24.66
5.24 5.62 5.96
9.46
6.22
Banks Software Auto Consumer Durables
Consumer Non Durables Petroleum Products
Construction Project
Cement Finance
Industrial Products
Others
PRODUCT LABEL
This product is suitable for investors who are seeking*:
•
long term capital growth with a 3 year lock in
•
Investment in portfolio of predominantly equity & equity
related securities.
•
High risk (Brown)
* Investors should consult their financial advisors if in doubt about
whether the product is suitable for them.
Note: Risk maybe represented as: Investors understand that their
principal will be at
Low risk
(Blue)
Medium risk
(Yellow)
High risk
(Brown)
9
EQUITY SCHEMES
INVESTMENT STYLE
Style
Value
Blend Growth
KOTAK MID-CAP
Size
Large
Mid
An Open - Ended Equity Growth Scheme
Small
(As on April 30, 2015)
Investment Objective
To generate capital appreciation from a
diversified portfolio of equity and equity
related securities.
Inception Date
February 24, 2005
Fund Manager
Mr. Pankaj Tibrewal
Benchmark
CNX Midcap
AAUM (` In Crores)
AAUM as on March 31, 2015: `358.87
Available Plans/Options
A) Regular Plan
B) Direct Plan / Options: Dividend Payout,
Dividend Reinvestment & Growth
(applicable for all plans)
Dividend Frequency
Trustee’s Discretion
Ratios
Portfolio Turnover: 82.76%
$
Beta: 0.99
$
Sharpe :0.91
$
Standard Deviation : 19.37%
##
Source: $ICRA MFI Explorer.
Beta, Standard Deviation & Sharpe Ratio are
calculated on Annualised basis using 3
years history of monthly returns.
## Risk-free rate assumed to be 7.90% (3
months T-bill yield as on April 30, 2015)
Minimum Investment Amount
PORTFOLIO
Issuer/Instrument
Industry/Rating
% to Net
Assets
Equity & Equity related
Listed/Awaiting listing on Stock Exchange
Techno Electric & Engineering
Co Ltd.
Construction Project
Federal Bank Ltd.
Banks
Solar Industries India Limited
Chemicals
Kewal Kiran Clothing Limited. Textile Products
Yes Bank Ltd
Banks
Cadila Healthcare Ltd.
Pharmaceuticals
Shriram Transport Finance
Co Ltd.
Finance
Supreme Industries Limited
Industrial Products
ICICI Bank Ltd.
Banks
Finolex Cables Ltd.
Industrial Products
Whirlpool of India Ltd.
Consumer Durables
MRF Limited
Auto Ancillaries
JK Cement Ltd.
Cement
DB Corp Limited
Media and Entertainment
IndusInd Bank Ltd.
Banks
Atul Ltd.
Chemicals
Britannia Industries Ltd.
Consumer Non Durables
The Ramco Cements Ltd
Cement
Motherson Sumi Systems Ltd.
Auto Ancillaries
Bajaj Finance Limited
Finance
Divi s Laboratories Limited
Pharmaceuticals
Shree Cement Ltd.
Cement
Tech Mahindra Ltd.
Software
MBL Infrastructures Ltd.
Construction
Bharat Forge Ltd.
Industrial Products
Jubilant Foodworks Limited
Consumer Non Durables
Torrent Pharmaceuticals Ltd.
Pharmaceuticals
NIIT Technologies Ltd
Software
Tube Investments of India Ltd. Consumer Durables
Arvind Ltd
Textile Products
Initial Investment: `5000 and in multiple
of `1 for purchase and for `0.01 for
switches
3.94%
3.01%
2.86%
2.57%
2.53%
2.50%
2.47%
2.46%
2.45%
2.38%
2.35%
2.32%
2.16%
2.14%
2.14%
2.11%
2.09%
2.05%
2.04%
2.00%
1.80%
1.76%
1.74%
1.69%
1.67%
1.66%
1.64%
1.60%
1.59%
1.50%
Issuer/Instrument
Industry/Rating
% to Net
Assets
Persistent Systems Limited
Software
1.47%
Havells India Ltd.
Consumer Durables
1.44%
Adani Port and Special Economic
Zone Limited
Transportation
1.43%
HSIL Ltd.
Consumer Durables
1.40%
Bharat Petroleum Corporation
Ltd.
Petroleum Products
1.37%
Kansai Nerolac Paints Ltd
Consumer Non Durables 1.37%
UPL Ltd
Pesticides
1.30%
Va Tech Wabag Limited
Engineering Services
1.30%
WPIL Ltd
Industrial Products
1.30%
INOX WIND LIMITED
Power
1.29%
Navneet Education Ltd.
Media and Entertainment 1.28%
Hawkins Cooker Ltd
Household Appliances
1.27%
Titan Company Ltd.
Consumer Durables
1.27%
Dish TV India Ltd.
Media and Entertainment 1.23%
LIC Housing Finance Ltd.
Finance
1.21%
Voltas Ltd.
Construction Project
1.17%
Fag Bearings India Ltd.
Industrial Products
1.16%
Zuari Agro Chemicals Ltd
Fertilisers
1.15%
Strides Arcolab Ltd.
Pharmaceuticals
1.13%
Union Bank Of India
Banks
1.11%
Bank Of Baroda
Banks
1.10%
SKF India Ltd
Industrial Products
1.05%
Jk Lakshmi Cement Ltd.
Cement
0.97%
Oriental Bank of Commerce
Banks
0.96%
Axis Bank Ltd
Banks
0.79%
Bajaj Finserv Ltd.
Finance
0.76%
CESC Ltd.
Power
0.73%
SRF Ltd.
Textile Products
0.72%
TTK Prestige Limited
Consumer Durables
0.68%
Listed/Awaiting Listing on Stock Exchange - Total
98.63%
Collateral Borrowing & Lending obligation
1.34%
Net Current Assets/(Liabilities)
0.03%
Grand Total
100%
SYSTEMATIC INVESTMENT PLAN (SIP)
Additional Investment: `1000 & in
multiples of `1
Systematic Investment Plan (SIP) If you had invested `5,000 every month
Ideal Investments Horizon: 3 years &
above
1 year
3 years
5 years
10 years
Load Structure
Total Amount Invested
60,000
1,80,000
3,00,000
6,00,000
6,10,000
Entry Load: Nil. (applicable for all plans)
Total Value as on 31st Mar 2015 (`)
74,060
3,08,858
5,59,342
14,93,669
15,18,804
Exit Load:
I) For redemptions / switch outs (including
SIP/STP) within 1 year from the date of
allotment of units, irrespective of the
amount of investment:1%
ii) For redemptions / switch outs (including
SIP/STP) after 1 year from the date of
allotment of units, irrespective of the
amount of investment: NIL
iii) Any exit load charged (net off Service Tax,
if any) shall be credited back to the
Scheme.(applicable for all plans)
Since Inception
Scheme Returns (%)
46.30
38.47
25.21
17.37
17.07
CNX Midcap (`)#
70,220
2,76,493
4,74,824
12,95,898
13,17,696
CNX Midcap Returns (%)
33.15
30.01
18.43
14.73
14.48
CNX Nifty (`)^
64,956
2,43,074
4,31,230
11,49,981
11,70,349
CNX Nifty Returns (%)
15.72
20.55
14.50
12.49
12.30
Scheme Inception : - February 24,2005. The returns are calculated by XIRR approach assuming investment of `5,000/- on the 1st working day
of every month. XIRR helps in calculating return on investments given an initial and final value and a series of cash inflows and outflows and
taking the time of investment into consideration. Since inception returns are assumed to be starting from the beginning of the subsequent
month from the date of inception. # Benchmark ; ^ Additional Benchmark
Kotak Mid-cap NAV as on March 31, 2015: `29.471 (Dividend Option), `30.055 (Direct Dividend Option), `51.159 (Growth Option),
`52.105 (Direct Growth Option)
Bonus units and units issued on
reinvestment of dividends shall not be
subject to exit load (applicable for all plans)
SECTOR ALLOCATION (%)
26.70
4.81
4.97
5.11
5.12
14.09
10.02
8.73
7.07
6.44
6.94
Banks
Industrial Products
Consumer Durables
Finance
Pharmaceuticals Cement
Construction Project
Consumer Non Durables
Chemicals Software
Others
PRODUCT LABEL
This product is suitable for investors who are seeking*:
•
Long term capital growth
•
Investment in equity & equity related securities predominantly
in mid cap stocks.
•
High risk (Brown)
* Investors should consult their financial advisors if in doubt about
whether the product is suitable for them.
Note: Risk maybe represented as: Investors understand that their
principal will be at
Low risk
(Blue)
Medium risk
(Yellow)
High risk
(Brown)
Midcap and Small cap stocks as a % age of Net Assets: 83.16%
10
EQUITY SCHEMES
INVESTMENT STYLE
Style
Value
Blend Growth
KOTAK EMERGING EQUITY
Large
Mid
An Open - Ended Equity Growth Scheme
Small
(As on April 30, 2015)
Investment Objective
The investment objective of the scheme is
to generate long-term capital appreciation
from a portfolio of equity and equity related
securities, by investing predominantly in
mid and small cap companies.
Inception Date
March 30, 2007
Fund Manager
Mr. Pankaj Tibrewal
Benchmark
S&P BSE MID CAP
AAUM (` In Crores)
AAUM as on March 31, 2015: `509.81
Available Plans/Options
A) Regular Plan
B) Direct Plan / Options: Dividend Payout,
Dividend Reinvestment & Growth
(applicable for all plans)
Dividend Frequency
Trustee’s Discretion
Ratios
Portfolio Turnover: 25.59%
$
Beta: 0.99
$
Sharpe :1.08
$
Standard Deviation : 18.95%
##
Source: $ICRA MFI Explorer.
Beta, Standard Deviation & Sharpe Ratio are
calculated on Annualised basis using 3
years history of monthly returns.
## Risk-free rate assumed to be 7.90% (3
months T-bill yield as on April 30, 2015)
Size
PORTFOLIO
Issuer/Instrument
Industry/Rating
% to Net
Assets
Equity & Equity related
Listed/Awaiting listing on Stock Exchange
Whirlpool of India Ltd.
Consumer Durables
Shriram City Union Finance Ltd. Finance
The Ramco Cements Ltd
Cement
MBL Infrastructures Ltd.
Construction
Torrent Pharmaceuticals Ltd.
Pharmaceuticals
V-Guard Industries Ltd.
Industrial Capital Goods
Hawkins Cooker Ltd
Household Appliances
Persistent Systems Limited
Software
Federal Bank Ltd.
Banks
Yes Bank Ltd
Banks
Solar Industries India Limited
Chemicals
Amara Raja Batteries Ltd.
Auto Ancillaries
Navneet Education Ltd.
Media and Entertainment
DB Corp Limited
Media and Entertainment
Supreme Industries Limited
Industrial Products
Shree Cement Ltd.
Cement
Ramkrishna Forgings Ltd.
Industrial Products
Kewal Kiran Clothing Limited. Textile Products
IFB Industries Ltd.
Consumer Durables
D-Link (India) Ltd
Hardware
Jk Lakshmi Cement Ltd.
Cement
IndusInd Bank Ltd.
Banks
Marksans Pharma Ltd
Pharmaceuticals
WPIL Ltd
Industrial Products
Greaves Cotton Ltd.
Industrial Products
Strides Arcolab Ltd.
Pharmaceuticals
Bharat Electronics Ltd
Industrial Capital Goods
Divi s Laboratories Limited
Pharmaceuticals
Oberoi Realty Ltd
Construction
Zuari Agro Chemicals Ltd
Fertilisers
Britannia Industries Ltd.
Consumer Non Durables
Tech Mahindra Ltd.
Software
Alembic Pharmaceuticals Ltd.
Pharmaceuticals
Blue Dart Express Ltd.
Transportation
Bajaj Finance Limited
Finance
ICICI Bank Ltd.
Banks
5.02%
2.88%
2.86%
2.65%
2.60%
2.52%
2.46%
2.43%
2.34%
2.28%
2.23%
2.10%
2.02%
1.95%
1.93%
1.83%
1.78%
1.75%
1.72%
1.71%
1.68%
1.65%
1.64%
1.64%
1.62%
1.61%
1.60%
1.60%
1.56%
1.52%
1.51%
1.46%
1.44%
1.44%
1.42%
1.41%
Issuer/Instrument
Industry/Rating
% to Net
Assets
Max India Ltd.
Finance
1.36%
SKF India Ltd
Industrial Products
1.30%
Biocon Ltd.
Pharmaceuticals
1.26%
Rural Electrification Corporation
Ltd
Finance
1.26%
Godrej Consumer Products Ltd. Consumer Non Durables 1.21%
Motherson Sumi Systems Ltd.
Auto Ancillaries
1.21%
Va Tech Wabag Limited
Engineering Services
1.20%
Bank Of Baroda
Banks
1.15%
Maharashtra Seamless Ltd.
Ferrous Metals
1.14%
Kirloskar Brothers Ltd.
Industrial Products
1.13%
Coromandel International Ltd. Fertilisers
1.10%
Finolex Industries Ltd.
Industrial Products
1.08%
Eveready Industries India Ltd.
Consumer Non Durables 1.06%
Dish TV India Ltd.
Media and Entertainment 1.02%
Grindwell Norton Ltd.
Industrial Products
1.01%
WABCO India Ltd.
Auto Ancillaries
0.98%
Multi Commodity Exchange of
India Limited
Finance
0.90%
Carborundum Universal Ltd.
Industrial Products
0.86%
Titan Company Ltd.
Consumer Durables
0.71%
GMM Pfaudler Ltd.
Engineering
0.69%
Bata India Ltd.
Consumer Durables
0.67%
Shasun Pharmaceuticals Ltd.
Pharmaceuticals
0.65%
UFO Moviez Limited
Media and Entertainment 0.62%
Fag Bearings India Ltd.
Industrial Products
0.54%
The South Indian Bank Ltd.
Banks
0.47%
KPIT Technologies LImited
Software
0.42%
Century Plyboards (India) Ltd.
Consumer Durables
0.35%
Bharat Bijlee Ltd
Industrial Capital Goods 0.08%
Listed/Awaiting Listing on Stock Exchange - Total
97.29%
Debt Instruments
Debentures and Bonds
Corporate Debt/Financial Institutions
Blue Dart Express Ltd
ICRA AA
0.01%
Corporate Debt/Financial Institutions - Total
0.01%
Collateral Borrowing & Lending obligation
4.82%
Net Current Assets/(Liabilities)
-2.12%
Grand Total
100%
Minimum Investment Amount
Initial Investment: `5000 and in multiple
of `1 for purchase and for `0.01 for
switches
Additional Investment: `1000 & in
multiples of `1
Ideal Investments Horizon: 3 years &
above
SYSTEMATIC INVESTMENT PLAN (SIP)
Systematic Investment Plan (SIP) If you had invested `5,000 every month
1 year
3 years
5 years
Total Amount Invested
60,000
1,80,000
3,00,000
Since Inception
4,85,000
Total Value as on 31st Mar 2015 (`)
78,201
3,37,280
6,10,649
11,33,078
Load Structure
Scheme Returns (%)
60.85
45.43
28.90
20.37
Entry Load: Nil. (applicable for all plans)
S&P BSE Midcab (`)#
68,753
2,71,597
4,58,367
8,22,883
Exit Load:
I) For redemptions / switch outs (including
SIP/STP) within 2 years from the date of
allotment of units, irrespective of the
amount of investment: 1%
ii) For redemptions / switch outs (including
SIP/STP) after 2 years from the date of
allotment of units, irrespective of the
amount of investment: NIL
iii) Any exit load charged (net off Service Tax,
if any) shall be credited back to the
respective Scheme. (applicable for all plans)
Bonus units and units issued on
reinvestment of dividends shall not be
subject to exit load (applicable for all plans)
S&P BSE Midcab Returns (%)
28.21
28.67
16.99
12.75
CNX Nifty (`)^
64,956
2,43,074
4,31,230
7,95,454
CNX Nifty Returns (%)
15.71
20.55
14.50
11.94
Scheme Inception : - March 30, 2007. The returns are calculated by XIRR approach assuming investment of `5,000/- on the 1st working day of
every month. XIRR helps in calculating return on investments given an initial and final value and a series of cash inflows and outflows and taking
the time of investment into consideration. Since inception returns are assumed to be starting from the beginning of the subsequent month
from the date of inception. # Benchmark ; ^ Additional Benchmark
Kotak Emerging Equity NAV as on March 31, 2015: `22.120 (Dividend Option), `22.497 (Direct Dividend Option), `25.754 (Growth
Option), `26.180 (Direct Growth Option)
SECTOR ALLOCATION (%)
12.89
25.32
4.29
4.31
10.80
9.30
4.82
5.61
8.47
6.37
7.82
Industrial Products Pharmaceuticals
Banks
Cement
Consumer Durables Finance
CBLO & Term Deposits & Rev.Repo
Media and Entertainment
Software Auto Ancillaries Others
PRODUCT LABEL
This product is suitable for investors who are seeking*:
•
Long term capital growth
•
Investment in equity & equity related securities predominantly
in mid & small cap companies
•
High risk (Brown)
* Investors should consult their financial advisors if in doubt about
whether the product is suitable for them.
Note: Risk maybe represented as: Investors understand that their
principal will be at
Low risk
(Blue)
Medium risk
(Yellow)
High risk
(Brown)
Midcap and Small cap stocks as a % age of Net Assets: 78.41%
11
EQUITY SCHEMES
INVESTMENT STYLE
Style
KOTAK INFRASTRUCTURE & ECONOMIC
REFORM FUND
Value
Blend Growth
Size
Large
(formerly known as “PineBridge Infrastructure & Economic Reform Fund”)
An Open - Ended Equity Scheme
Mid
Small
(As on April 30, 2015)
Investment Objective
The investment objective of the Scheme is
to generate long-term capital appreciation
from a diversified portfolio of
predominantly (at least 65%) equity and
equity-related securities of companies
involved in economic development of India
as a result of potential investments in
infrastructure and unfolding economic
reforms. There is no assurance that the
investment objective of the Scheme will be
achieved.
PORTFOLIO
Issuer/Instrument
Industry/Rating
Issuer/Instrument
Industry/Rating
Equity & Equity related
Indraprastha Gas Ltd.
Gas
6.55%
Listed/Awaiting listing on Stock Exchange
Thermax Ltd.
Industrial Capital Goods
6.17%
Larsen And Toubro Ltd.
Construction Project
5.72%
Cummins India Ltd.
Industrial Products
% to Net
Assets
11.04%
Kirloskar Brothers Investments
Ltd
Finance
10.26%
February 25, 2008
Shree Cement Ltd.
Cement
10.14%
Fund Manager
Bharti Airtel Ltd.
Telecom - Services
9.64%
Mr. Harish Krishnan
KSB Pump Ltd
Industrial Products
8.17%
SKF India Ltd
Industrial Products
6.68%
Inception Date
Benchmark
S&P BSE – 100
AAUM (` In Crores)
AAUM as on March 31, 2015: `100.49
Container Corporation of India
Ltd.
Ultratech Cement Ltd.
Cement
4.77%
AIA Engineering Limited
Industrial Capital Goods
3.87%
Supreme Industries Limited
Industrial Products
3.47%
Coromandel International Ltd.
Fertilisers
3.40%
MBL Infrastructures Ltd.
Construction
1.66%
Listed/Awaiting Listing on Stock Exchange - Total
Collateral Borrowing & Lending obligation
Net Current Assets/(Liabilities)
Transportation
6.55%
% to Net
Assets
98.09%
2.28%
-0.37%
Grand Total
100%
Available Plans/Options
A) Regular Plan
B) Direct Plan / Options: Dividend Payout,
Dividend Reinvestment & Growth
(applicable for all plans)
Dividend Frequency
Trustee’s Discretion
Ratios
Portfolio Turnover: 52.95%
$
Beta: 1.40
$
Sharpe :0.68
$
Standard Deviation : 21.09%
##
SYSTEMATIC INVESTMENT PLAN (SIP)
$
Source: ICRAMFI Explorer.
Beta, Standard Deviation &Sharpe Ratio are
calculated onAnnualised basis using 3 years
history of monthly returns.
Systematic Investment Plan (SIP) If you had invested `5,000 every month
1 year
3 years
5 years
Since Inception
Total Amount Invested
60,000
1,80,000
3,00,000
4,30,000
Total Value as on 31st Mar 2015 (`)
73,411
3,04,881
5,13,219
8,26,436
Minimum Investment Amount
Scheme Returns (%)
44.04
37.46
21.63
17.89
Initial Investment: `5000 and in multiple
of `1 for purchase and for `0.01 for
switches
S&P BSE 100 (`)#
65,228
2,45,587
4,33,620
7,10,586
## Risk-free rate assumed to be 7.90% (3
months T-bill yield as on April 30, 2015)
Additional Investment: `1000 & in
multiples of `1
Ideal Investments Horizon: 3 years &
above
Load Structure
Entry Load: Nil. (applicable for all plans)
Exit Load:
I) For redemptions / switch outs (including
SIP/STP) within 1 year from the date of
allotment of units, irrespective of the
amount of investment – 1%;
ii) For redemptions / switch outs (including
SIP/STP) after 1 year from the date of
allotment of units, irrespective of the
amount of investment – NIL;
iii) Any exit load charged (net off Service Tax,
if any) shall be credited back to the Scheme;
iv) Bonus units and units issued on
reinvestment of dividends shall not be
subject to entry and exit load. (applicable
for all plans)
S&P BSE 100 Returns (%)
16.60
21.29
14.73
13.76
CNX Nifty (`)^
64,956
2,43,074
4,31,230
7,04,749
CNX Nifty Returns (%)
15.71
20.55
14.50
13.54
Scheme Inception : - February 25, 2008. The returns are calculated by XIRR approach assuming investment of `5,000/- on the 1st working day
of every month. XIRR helps in calculating return on investments given an initial and final value and a series of cash inflows and outflows and
taking the time of investment into consideration. Since inception returns are assumed to be starting from the beginning of the subsequent
month from the date of inception. # Benchmark ; ^ Additional Benchmark
Kotak Infrastructure & Economic Reform Fund NAV as on March 31, 2015: `15.687 (Dividend Option), `15.952 (Direct Dividend Option),
`15.687 (Growth Option), `15.953 (Direct Growth Option)
SECTOR ALLOCATION (%)
2.28
1.29
3.40
5.72
6.55
6.55
29.36
9.64
10.04
14.91
10.26
Industrial Capital Goods
Cement
Finance
Industrial Products
Construction Project
Transportation
Telecom - Services
Gas
CBLO & Term Deposits & Rev.Repo Others
Fertilisers
PRODUCT LABEL
This product is suitable for investors who are seeking*:
•
Long term capital growth
•
Long term capital appreciation by investing in equity and
equity related instruments of companies contributing to
infrastructure and economic development of India
•
High risk (Brown)
* Investors should consult their financial advisors if in doubt about
whether the product is suitable for them.
Note: Risk maybe represented as: Investors understand that their
principal will be at
Low risk
(Blue)
Medium risk
(Yellow)
High risk
(Brown)
12
EQUITY SCHEMES
INVESTMENT STYLE
Style
Value
Maturity
Blend Growth Size
Short Medium Long Volatility
KOTAK BALANCE
Large
Low
An Open - Ended Balanced Scheme
Mid
Medium
(As on April 30, 2015)
Small
High
Investment Objective
To achieve growth by investing in equity &
equity related instruments, balanced with
income generation by investing in debt
&money market instruments.
Inception Date
November 25, 1999
Fund Managers
Mr. Emmanuel Elango and Mr. Abhishek
Bisen
Benchmark
Crisil Balanced Fund
AAUM (` In Crores)
AAUM as on March 31, 2015: `503.1
Available Plans/Options
A) Regular Plan
B) Direct Plan / Options: Dividend Payout,
Dividend Reinvestment & Growth
(applicable for all plans)
Dividend Frequency
Half Yearly (25th of Mar/Sep)
Ratios
Portfolio Turnover: 132.36%
$
Beta: 0.98
$
Sharpe :0.73
##
&
Standard Deviation : 9.95%
$
Source: ICRA MFI Explorer.
Beta, Standard Deviation & Sharpe Ratio are
calculated on Annualised basis using 3
years history of monthly returns.
## Risk-free rate assumed to be 7.90% (3
months T-bill yield as on April 30, 2015)
Minimum Investment Amount
Initial Investment: `5000 and in multiple
of `1 for purchase and for `0.01 for
switches
Additional Investment: `1000 & in
multiples of `1
Ideal Investments Horizon: 3 years &
above
Load Structure
Entry Load: Nil. (applicable for all plans)
Exit Load:
I) For redemptions / switch outs (including
SIP/STP) within 1 year from the date of
allotment of units, irrespective of the
amount of investment:1%
PORTFOLIO
Issuer/Instrument
Industry/Rating
% to Net
Assets
Equity & Equity related
Listed/Awaiting listing on Stock Exchange
HDFC Bank Ltd.
Banks
HDFC Ltd.
Finance
Infosys Ltd.
Software
ICICI Bank Ltd.
Banks
Larsen And Toubro Ltd.
Construction Project
Maruti Suzuki India Limited
Auto
Tata Consultancy Services Ltd. Software
Axis Bank Ltd
Banks
IDFC Limited
Finance
ITC Ltd.
Consumer Non Durables
The Ramco Cements Ltd
Cement
Reliance Industries Ltd.
Petroleum Products
Hindustan Unilever Ltd.
Consumer Non Durables
Britannia Industries Ltd.
Consumer Non Durables
Sun Pharmaceuticals Industries
Ltd.
Pharmaceuticals
Power Grid Corporation Of India
Ltd
Power
National Thermal Power
Corporation Limited
Power
Tech Mahindra Ltd.
Software
Lupin Ltd.
Pharmaceuticals
Ahluwalia Contracts (India) Ltd. Cement
Ultratech Cement Ltd.
Cement
Cairn India Limited
Oil
HCL Technologies Ltd.
Software
MBL Infrastructures Ltd.
Construction
Idea Cellular Ltd.
Telecom - Services
Tata Motors Ltd.
Auto
Bharti Airtel Ltd.
Telecom - Services
UPL Ltd
Pesticides
Colgate Palmolive (India ) Ltd. Consumer Non Durables
City Union Bank Ltd.
Banks
Hero MotoCorp Ltd.
Auto
Federal Bank Ltd.
Banks
Amara Raja Batteries Ltd.
Auto Ancillaries
Bharat Heavy Electricals Ltd.
Industrial Capital Goods
Mahindra & Mahindra Ltd.
Auto
JK Cement Ltd.
Cement
Tata Steel Limited.
Ferrous Metals
Cadila Healthcare Ltd.
Pharmaceuticals
Tata Motors Ltd - DVR
Auto
Hindalco Industries Ltd
Non - Ferrous Metals
Oil & Natural Gas Corporation
Ltd.
Oil
Voltas Ltd.
Construction Project
Yes Bank Ltd
Banks
Indraprastha Gas Ltd.
Gas
4.66%
4.57%
4.06%
3.59%
3.44%
2.61%
1.99%
1.97%
1.95%
1.74%
1.59%
1.57%
1.51%
1.48%
1.48%
1.47%
1.40%
1.35%
1.32%
1.28%
1.28%
1.25%
1.23%
1.17%
0.89%
0.87%
0.83%
0.81%
0.75%
0.74%
0.71%
0.68%
0.67%
0.65%
0.65%
0.62%
0.53%
0.50%
0.50%
0.47%
0.47%
0.47%
0.43%
0.39%
Issuer/Instrument
Industry/Rating
Cipla Ltd.
Pharmaceuticals
NMDC Ltd.
Minerals/Mining
Wipro Ltd.
Software
Hindustan Zinc Ltd.
Non - Ferrous Metals
State Bank Of India
Banks
Rural Electrification
Corporation Ltd
Finance
Power Finance Corporation Ltd. Finance
MOIL Limited
Minerals/Mining
The Indian Hotels Company
Ltd - CCD
Hotels
Listed/Awaiting Listing on Stock Exchange - Total
Debt Instruments
Debentures and Bonds
Corporate Debt/Financial Institutions
IOT Utkal Energy Services Ltd.
CRISIL AAA
Shivprasad Realty Pvt Ltd
ICRA AAA
Haldhar Developers Private
Limited
ICRA LAA-(SO)
LIC Housing Finance Ltd.
CRISIL AAA
Shriram Transport Finance
Co Ltd.
FITCH AA+(IND)
Tata Sons Ltd.
CRISIL AAA
Corporate Debt/Financial Institutions - Total
Public Sector Undertakings
Nabha Power Ltd.
ICRA AAA
National Thermal Power
Corporation Ltd.
CRISIL AAA
Rural Electrification Corporation
Ltd.
CRISIL AAA
Public Sector Undertakings - Total
Government Dated Securities
8.15% Central Government
SOV
9.2% Central Government
SOV
1.44% Central Government
SOV
Government Dated Securities - Total
Money Market Instruments
Commercial Paper(CP)/Certificate of Deposits(CD)
Corporate Debt/Financial Institutions
AXIS Bank Ltd.
CRISIL A1+
Corporate Debt/Financial Institutions - Total
TERM DEPOSITS
Kotak Mahindra Bank Ltd.
Standard Chartered Bank Ltd
Term Deposits - Total
Collateral Borrowing & Lending obligation
Net Current Assets/(Liabilities)
Grand Total
% to Net
Assets
0.34%
0.34%
0.33%
0.31%
0.31%
0.14%
0.13%
0.12%
0.04%
64.65%
5.71%
4.35%
1.80%
0.19%
0.09%
0.07%
12.21%
0.36%
0.26%
0.15%
0.77%
9.14%
7.42%
3.02%
19.58%
8.80%
8.80%
0.72%
0.08%
0.80%
1.79%
-8.60%
100%
ii) For redemptions / switch outs (including
SIP/STP) after 1 year from the date of
allotment of units, irrespective of the Kotak Balance NAV as on March 31, 2015: `15.657 (Dividend Option), `15.981 (Direct Dividend Option), `18.707 (Growth Option),
amount of investment: NIL
`19.029 (Direct Growth Option)
iii) Any exit load charged (net off Service Tax, Notes: Term Deposit as provided above is towards margin for derivatives transactions
if any) shall be credited back to the
respective Scheme. (applicable for all plans)
Bonus units and units issued on
reinvestment of dividends shall not be
subject to exit load (applicable for all plans)
SECTOR ALLOCATION (%)
3.91
4.77
5.34
5.48
6.79
11.01
19.58
12.98
8.80
12.38
8.96
Debentures and Bonds
Government Dated Securities
Banks Software Commercial Paper (CP)/ Certificate of Deposits (CD)
Auto
Cement
Finance
Consumer Non Durables
Construction Project
Others
PRODUCT LABEL
This product is suitable for investors who are seeking*:
•
Long term capital growth
•
Investment in equity & equity related securities balanced with
income generation by investing in debt & money market
instruments
•
High risk (Brown)
* Investors should consult their financial advisors if in doubt about
whether the product is suitable for them.
Note: Risk maybe represented as: Investors understand that their
principal will be at
Low risk
(Blue)
Medium risk
(Yellow)
High risk
(Brown)
13
EQUITY SCHEMES
INVESTMENT STYLE
Style
Value
Maturity
Blend Growth Size
Short Medium Long Volatility
KOTAK EQUITY ARBITRAGE
Large
Low
An Open - Ended Equity Growth Scheme
Mid
Medium
(As on April 30, 2015)
Small
High
Investment Objective
The investment objective of the scheme is
to generate capital appreciation and
income by predominantly investing in
arbitrage opportunities in the cash and
derivatives segment of the equity market,
and by investing the balance in debt and
money market instruments.
Inception Date
September 29, 2005
Fund Manager
Mr. Deepak Gupta
Benchmark
Crisil Liquid Fund
AAUM (` In Crores)
AAUM as on March 31, 2015: `2631.09
Available Plans/Options
A) Regular Plan
B) Direct Plan / Options: Dividend Payout,
Dividend Reinvestment & Growth
(applicable for all plans)
Dividend Frequency
Monthly (Monday preceding the last
Thursday of the month), Bimonthly
(Monday preceding the last Thursday of the
following months - January, March, May,
July, September, November)
Ratio
Portfolio Turnover: 356.37%
$
Beta: 1.02
$
Sharpe## :1.49
$
Standard Deviation : 0.53%
$
Source: ICRA MFI Explorer.
Beta, Standard Deviation & Sharpe Ratio are
calculated on Annualised basis using 3
years history of monthly returns.
## Risk-free rate assumed to be 7.90% (3
months T-bill yield as on April 30, 2015)
Minimum Investment Amount
Initial Investment: `5000 and in multiple
of `1 for purchase and for `0.01 for
switches
Additional Investment: `1000 & in
multiples of `1
Ideal Investments Horizon: 3 months &
above
Load Structure
Entry Load: Nil. (applicable for all plans)
Exit Load:
I) For redemptions/switch outs (including
STP/SWP) within 90 days from the date of
allotment of units, irrespective of the
amount of investment: 0.50%
II) For redemptions/switch outs (including
STP/SWP) within 90 days from the date of
allotment of units, irrespective of the
amount of investment: Nil
Note - 1) Any exit load charged (net off
Service Tax, if any ) shall be credited back to
the Scheme.
2) Bonus units and units issued on
reinvestment of dividends shall not be
subject to exit load (applicable for all plans),
(w.e.f. April 8, 2013)
PORTFOLIO
Issuer/Instrument
Industry/Rating
Equity & Equity related (Listed/Awaiting listing on Stock Exchange)
Reliance Industries Ltd.
Petroleum Products
IDFC Limited
Finance
HDFC Bank Ltd.
Banks
Sun Pharmaceuticals Industries Ltd.
Pharmaceuticals
HDFC Ltd.
Finance
Infosys Ltd.
Software
Aurobindo Pharma Ltd.
Pharmaceuticals
Power Grid Corporation Of India Ltd
Power
Axis Bank Ltd
Banks
IndusInd Bank Ltd.
Banks
Larsen And Toubro Ltd.
Construction Project
ICICI Bank Ltd.
Banks
Yes Bank Ltd
Banks
Lupin Ltd.
Pharmaceuticals
Strides Arcolab Ltd.
Pharmaceuticals
Tech Mahindra Ltd.
Software
JSW Steel Ltd.
Ferrous Metals
Ultratech Cement Ltd.
Cement
Rural Electrification Corporation Ltd
Finance
Century Textiles & Industries Ltd.
Cement
Hero MotoCorp Ltd.
Auto
Eicher Motors Ltd
Auto
Maruti Suzuki India Limited
Auto
Cipla Ltd.
Pharmaceuticals
Hindustan Petroleum Corporation Ltd
Petroleum Products
Tata Steel Limited.
Ferrous Metals
Tata Global Beverages Limited
Consumer Non Durables
LIC Housing Finance Ltd.
Finance
Glenmark Pharmaceuticals Ltd
Pharmaceuticals
Grasim Industries Ltd.
Cement
Oil & Natural Gas Corporation Ltd.
Oil
ITC Ltd.
Consumer Non Durables
Tata Chemicals Ltd.
Chemicals
Jindal Steel & Power Ltd.
Ferrous Metals
Coal India Ltd.
Minerals/Mining
Dabur India Ltd
Consumer Non Durables
Union Bank Of India
Banks
Apollo Tyres Ltd.
Auto Ancillaries
Amtek Auto Ltd.
Auto Ancillaries
Dish TV India Ltd.
Media and Entertainment
Sesa Sterlite Ltd.
Minerals/Mining
Bosch Limited
Auto Ancillaries
Cairn India Limited
Oil
Tata Consultancy Services Ltd.
Software
Wipro Ltd.
Software
Divi s Laboratories Limited
Pharmaceuticals
Just Dial Limited
Software
Motherson Sumi Systems Ltd.
Auto Ancillaries
Reliance Capital Ltd.
Finance
Dr Reddys Laboratories Ltd
Pharmaceuticals
Biocon Ltd.
Pharmaceuticals
Syndicate Bank
Banks
Indiabulls Housing Finance Ltd.
Finance
Tata Communications Ltd
Telecom - Services
Arvind Ltd
Textile Products
Asian Paints Ltd.
Consumer Non Durables
IRB Infrastructure Developers Ltd
Construction
L&T Finance Holdings Ltd
Finance
Hindustan Unilever Ltd.
Consumer Non Durables
Jain Irrigation Systems Ltd.
Industrial Products
Colgate Palmolive (India ) Ltd.
Consumer Non Durables
IFCI Ltd.
Finance
% to Net Assets
Indian Oil Corporation Ltd
Petroleum Products
Titan Company Ltd.
Consumer Durables
CESC Ltd.
Power
Hindalco Industries Ltd
Non - Ferrous Metals
HCL Technologies Ltd.
Software
Jaiprakash Associates Ltd
Construction
Adani Enterprises Ltd
Trading
Karnataka Bank Ltd
Banks
SKS Microfinance Limited
Finance
Zee Entertainment Enterprises Ltd
Media and Entertainment
Bank of India
Banks
Bajaj Auto Ltd.
Auto
MRF Limited
Auto Ancillaries
Unitech Ltd
Construction
Adani Port and Special Economic Zone
Limited
Transportation
Bharat Petroleum Corporation Ltd.
Petroleum Products
Aditya Birla Nuvo Limited
Services
Ambuja Cements Ltd
Cement
DLF Limited
Construction
Engineers India Ltd.
Construction Project
Exide Industries Ltd
Auto Ancillaries
Industrial Development Bank of India Ltd.
Banks
Reliance Power Ltd
Power
Wockhardt Ltd.
Pharmaceuticals
Idea Cellular Ltd.
Telecom - Services
Oriental Bank of Commerce
Banks
Shriram Transport Finance Co Ltd.
Finance
Andhra Bank
Banks
Hexaware Technologies Ltd.
Software
Adani Power Ltd
Power
GMR Infrastructure Ltd.
Construction Project
NHPC Limited
Power
Mahindra & Mahindra Ltd.
Auto
Siemens Ltd.
Industrial Capital Goods
Apollo Hospitals Enterprises Ltd.
Healthcare Services
Bharti Airtel Ltd.
Telecom - Services
Indiabulls Real Estate Ltd
Construction
Indraprastha Gas Ltd.
Gas
Jaiprakash Power Ventures Ltd.
Power
National Thermal Power Corporation
Limited
Power
Reliance Infrastructure Ltd
Power
State Bank Of India
Banks
ACC Ltd.
Cement
Federal Bank Ltd.
Banks
JSW Energy Ltd.
Power
Mcleod Russel India Ltd
Consumer Non Durables
Power Finance Corporation Ltd.
Finance
PTC India Ltd.
Power
Sun TV Limited.
Media and Entertainment
Tata Motors Ltd - DVR
Auto
United Breweries Ltd.
Consumer Non Durables
Bata India Ltd.
Consumer Durables
Crompton Greaves Ltd.
Industrial Capital Goods
Housing Development and Infrastructure
Limited
Construction
Jubilant Foodworks Limited
Consumer Non Durables
Tata Power Co. Ltd.
Power
Voltas Ltd.
Construction Project
Listed/Awaiting Listing on Stock Exchange - Total
Mutual Fund Units
Kotak Quarterly Interval Plan Series 6
Mutual Fund Units - Total
3.99%
3.48%
3.23%
3.12%
2.96%
2.65%
2.23%
2.12%
1.97%
1.39%
1.38%
1.36%
1.36%
1.30%
1.19%
1.12%
1.10%
1.09%
1.00%
0.99%
0.90%
0.77%
0.72%
0.65%
0.65%
0.63%
0.58%
0.55%
0.53%
0.49%
0.49%
0.44%
0.42%
0.41%
0.40%
0.40%
0.39%
0.38%
0.34%
0.34%
0.34%
0.32%
0.32%
0.32%
0.32%
0.31%
0.31%
0.29%
0.29%
0.25%
0.24%
0.24%
0.23%
0.23%
0.22%
0.22%
0.22%
0.21%
0.20%
0.20%
0.19%
0.19%
Hedging Positions through Futures as on 30th April, 2015
PORTFOLIO
Underlying
Long/Short
IDFC Limited MAY 2015 FUTURE
HDFC Bank Ltd. MAY 2015 FUTURE
Sun Pharmaceuticals Industries Ltd. MAY 2015 FUTURE
HDFC Ltd. MAY 2015 FUTURE
Reliance Industries Ltd. MAY 2015 FUTURE
Infosys Ltd. MAY 2015 FUTURE
Aurobindo Pharma Ltd. MAY 2015 FUTURE
Power Grid Corporation Of India Ltd. MAY 2015 FUTURE
Axis Bank Ltd. MAY 2015 FUTURE
IndusInd Bank Ltd. MAY 2015 FUTURE
Larsen And Toubro Ltd. MAY 2015 FUTURE
ICICI Bank Ltd. MAY 2015 FUTURE
Yes Bank Ltd. JUNE 2015 FUTURE
Lupin Ltd. MAY 2015 FUTURE
Reliance Industries Ltd. JUNE 2015 FUTURE
Strides Arcolab Ltd. MAY 2015 FUTURE
Tech Mahindra Ltd. MAY 2015 FUTURE
JSW Steel Ltd. MAY 2015 FUTURE
Ultratech Cement Ltd. MAY 2015 FUTURE
Rural Electrification Corporation Ltd. MAY 2015 FUTURE
Century Textiles & Industries Ltd. MAY 2015 FUTURE
Hero MotoCorp Ltd. MAY 2015 FUTURE
Eicher Motors Ltd. MAY 2015 FUTURE
Maruti Suzuki India Limited. MAY 2015 FUTURE
Hindustan Petroleum Corporation Ltd. MAY 2015 FUTURE
Cipla Ltd. MAY 2015 FUTURE
Tata Steel Limited. MAY 2015 FUTURE
Tata Global Beverages Limited. MAY 2015 FUTURE
LIC Housing Finance Ltd. MAY 2015 FUTURE
Glenmark Pharmaceuticals Ltd. MAY 2015 FUTURE
Grasim Industries Ltd. MAY 2015 FUTURE
Oil & Natural Gas Corporation Ltd. MAY 2015 FUTURE
ITC Ltd. MAY 2015 FUTURE
Tata Chemicals Ltd. MAY 2015 FUTURE
Jindal Steel & Power Ltd. MAY 2015 FUTURE
Dabur India Ltd. MAY 2015 FUTURE
Coal India Ltd. MAY 2015 FUTURE
Union Bank Of India. MAY 2015 FUTURE
Apollo Tyres Ltd. MAY 2015 FUTURE
Dish TV India Ltd. MAY 2015 FUTURE
Sesa Sterlite Ltd. MAY 2015 FUTURE
Amtek Auto Ltd. MAY 2015 FUTURE
Wipro Ltd. MAY 2015 FUTURE
Cairn India Limited. MAY 2015 FUTURE
Bosch Limited. MAY 2015 FUTURE
Tata Consultancy Services Ltd. MAY 2015 FUTURE
Just Dial Limited. MAY 2015 FUTURE
Divi s Laboratories Limited. MAY 2015 FUTURE
Reliance Capital Ltd. MAY 2015 FUTURE
Motherson Sumi Systems Ltd. MAY 2015 FUTURE
Dr Reddys Laboratories Ltd. MAY 2015 FUTURE
Syndicate Bank. MAY 2015 FUTURE
Biocon Ltd. MAY 2015 FUTURE
Tata Communications Ltd. MAY 2015 FUTURE
IRB Infrastructure Developers Ltd. MAY 2015 FUTURE
Indiabulls Housing Finance Ltd. MAY 2015 FUTURE
Arvind Ltd. MAY 2015 FUTURE
Asian Paints Ltd. MAY 2015 FUTURE
L&T Finance Holdings Ltd. MAY 2015 FUTURE
Jain Irrigation Systems Ltd. MAY 2015 FUTURE
Hindustan Unilever Ltd. MAY 2015 FUTURE
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
0.19%
0.19%
0.18%
0.18%
0.17%
0.17%
0.16%
0.16%
0.15%
0.14%
0.13%
0.12%
0.12%
0.12%
0.11%
0.11%
0.10%
0.10%
0.10%
0.09%
0.09%
0.09%
0.09%
0.09%
0.08%
0.08%
0.08%
0.07%
0.07%
0.06%
0.06%
0.06%
0.05%
0.05%
0.04%
0.04%
0.04%
0.04%
0.04%
0.04%
0.04%
0.04%
0.02%
0.02%
0.02%
0.02%
0.02%
0.02%
0.02%
0.02%
0.02%
0.01%
0.01%
0.01%
0.01%
0.01%
0.01%
59.54%
0.76%
0.76%
Futures Price Current Price of Margin Maintained
When purchased the Contract
in Lakhs
167.3965924
1004.619474
947.5932015
1214.143469
866.728928
1977.541706
1281.889959
146.033503
548.8280779
831.4632774
1669.714108
325.018466
827.4129069
1753.090752
863.9906163
1026.759178
614.787646
952.7392743
2725.725223
316.6873581
692.8380364
2362.667349
15317.76502
3756.227775
620.507906
640.6053531
373.6218026
144.1833146
430.8917707
859.3013357
3624.626918
311.6074276
337.0655078
431.0871341
145.5068212
258.0145155
375.9901455
145.367143
174.0757838
74.6228
211.1536885
157.5104172
539.2302429
212.7838616
22507.53155
2482.753603
1080.678258
1772.134398
410.1514108
492.2866753
3408.88095
101.0379971
450.2994206
443.3483337
229.5295477
578.4917758
255.6081423
780.6813943
64.19545874
58.8358
877.9840604
169.55
998.75
947.4
1179.5
860.35
1958.75
1296.7
143.45
572.5
830.75
1645.5
333.95
846.4
1787.05
867.25
1038.5
626.35
939.35
2688.55
314.45
741.15
2349.2
15340.95
3756.95
630.6
641.15
363.4
143.25
433.8
896.65
3619.25
306.7
325.05
430.9
140.75
254.05
365.45
144.95
174.9
76.05
211.3
160.25
542.85
215.3
22714.75
2484.3
1079.7
1738.4
407.4
506.8
3337.15
100.2
456.8
439.5
234.7
588.5
256.5
768.8
63.65
57.6
857.05
1,842.27
1,712.85
2,079.50
1,564.89
2,092.27
1,401.23
1,598.77
1,120.57
1,060.04
745.41
731.42
741.99
773.39
688.14
2,092.27
957.96
591.60
580.28
576.17
529.20
892.18
478.18
407.09
380.50
360.41
343.07
332.46
307.23
291.41
311.14
259.19
259.12
235.26
220.83
296.71
209.84
209.68
205.46
206.64
179.16
183.63
197.97
171.16
175.77
206.04
167.26
247.06
164.55
153.29
167.96
130.28
128.99
126.58
124.99
117.73
117.79
119.47
116.47
114.31
112.68
103.03
14
EQUITY SCHEMES
KOTAK EQUITY ARBITRAGE
An Open - Ended Equity Growth Scheme
(As on April 30, 2015)
(Contd)
PORTFOLIO
Underlying
Long/Short
Colgate Palmolive (India ) Ltd. MAY 2015 FUTURE
IFCI Ltd. MAY 2015 FUTURE
Titan Company Ltd. MAY 2015 FUTURE
Indian Oil Corporation Ltd. MAY 2015 FUTURE
Hindalco Industries Ltd. MAY 2015 FUTURE
CESC Ltd. MAY 2015 FUTURE
HCL Technologies Ltd. MAY 2015 FUTURE
Jaiprakash Associates Ltd. MAY 2015 FUTURE
Karnataka Bank Ltd. MAY 2015 FUTURE
Adani Enterprises Ltd. MAY 2015 FUTURE
SKS Microfinance Limited. MAY 2015 FUTURE
Zee Entertainment Enterprises Ltd. MAY 2015 FUTURE
Bank of India. MAY 2015 FUTURE
MRF Limited. MAY 2015 FUTURE
Unitech Ltd. MAY 2015 FUTURE
Bajaj Auto Ltd. MAY 2015 FUTURE
Adani Port and Special Economic Zone Limited. MAY 2015 FUTURE
Bharat Petroleum Corporation Ltd. MAY 2015 FUTURE
DLF Limited. MAY 2015 FUTURE
Ambuja Cements Ltd. MAY 2015 FUTURE
Aditya Birla Nuvo limited. MAY 2015 FUTURE
Exide Industries Ltd. MAY 2015 FUTURE
Industrial Development Bank of India Ltd. MAY 2015 FUTURE
Wockhardt Ltd. MAY 2015 FUTURE
Engineers India Ltd. MAY 2015 FUTURE
Reliance Power Ltd. MAY 2015 FUTURE
Idea Cellular Ltd. MAY 2015 FUTURE
Shriram Transport Finance Co Ltd. MAY 2015 FUTURE
Oriental Bank of Commerce. MAY 2015 FUTURE
Hexaware Technologies Ltd. MAY 2015 FUTURE
Andhra Bank. MAY 2015 FUTURE
GMR Infrastructure Ltd. MAY 2015 FUTURE
NHPC limited. MAY 2015 FUTURE
Adani Power Ltd. MAY 2015 FUTURE
Siemens Ltd. MAY 2015 FUTURE
Mahindra & Mahindra Ltd. MAY 2015 FUTURE
Indiabulls Real Estate Ltd. MAY 2015 FUTURE
Bharti Airtel Ltd. MAY 2015 FUTURE
Apollo Hospitals Enterprises Ltd. MAY 2015 FUTURE
Indraprastha Gas Ltd. MAY 2015 FUTURE
Jaiprakash Power Ventures Ltd. MAY 2015 FUTURE
National Thermal Power Corporation limited. MAY 2015 FUTURE
Reliance Infrastructure Ltd. MAY 2015 FUTURE
State Bank Of India. MAY 2015 FUTURE
Tata Motors Ltd. DVR MAY 2015 FUTURE
Power Finance Corporation Ltd. MAY 2015 FUTURE
JSW Energy Ltd. MAY 2015 FUTURE
PTC India Ltd. MAY 2015 FUTURE
Mcleod Russel India Ltd. MAY 2015 FUTURE
United Breweries Ltd. MAY 2015 FUTURE
Federal Bank Ltd. MAY 2015 FUTURE
ACC Ltd. MAY 2015 FUTURE
Sun TV limited. MAY 2015 FUTURE
Bata India Ltd. MAY 2015 FUTURE
Crompton Greaves Ltd. MAY 2015 FUTURE
Tata Power Co. Ltd. MAY 2015 FUTURE
Jubilant Foodworks limited. MAY 2015 FUTURE
Housing Development and Infrastructure limited. MAY 2015 FUTURE
Voltas Ltd. MAY 2015 FUTURE
Mahindra & Mahindra Financial Services Ltd. MAY 2015 FUTURE
UCO Bank. MAY 2015 FUTURE
UPL Ltd. MAY 2015 FUTURE
Hindustan Zinc Ltd. MAY 2015 FUTURE
India Cements Ltd. MAY 2015 FUTURE
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
Futures Price Current Price of Margin Maintained
When purchased the Contract
in Lakhs
2014.719623
32.84104936
387.0983902
352.9323514
132.6721552
547.8939452
878.0395912
20.90107826
126.3616288
665.5886566
458.5952038
324.6268161
216.4358
37349.6333
15.31721254
2001.603127
311.4079407
776.1763118
140.3563632
232.3616731
1583.590038
177.4706348
74.3861
1289.109765
186.4316728
58.10150551
177.281
1006.499975
208.0896627
313.16125
77.29508333
16.59190581
20.08180303
42.7436
1319.920356
1163.122363
58.6841
396.8397068
1211.367663
417.2378288
9.15045
151.7476465
417.9344759
281.0942601
321.8846002
262.65659
108.6719
71.716
248.5499966
939.7107143
124.31665
1471.8588
352.55
1027.600021
167.7428571
77.9333
1436.85415
114.2142
287.0999429
270.85
67.9833
428.3
170.05
98.7
2003.75
33.9
385.85
363.55
129.75
551.6
886.85
20.8
127.2
680.15
473.55
314.6
218.15
37101.4
15.55
1963.8
320.5
771.05
137.35
234.45
1580.85
172.6
75.2
1299.15
185.05
57.15
176.6
977.15
205.65
281.3
77.05
14.95
19.95
43.3
1369.2
1154.7
59.55
383.6
1147.85
415.5
8.7
151.4
418.2
271
313.25
267.7
115.3
72.15
244.65
941.2
132.3
1445.95
348.4
1027.9
170.05
76.45
1494.75
119.1
282
270.05
63.65
494.85
169.35
91.85
Total %age of existing assets hedged through futures
Issuer/Instrument
Industry/Rating
102.45
101.61
98.83
98.33
94.23
93.51
90.03
117.30
87.07
84.45
90.55
73.29
71.03
65.15
89.86
60.92
56.60
60.42
71.42
53.16
53.07
52.20
53.25
96.11
45.63
47.08
56.26
43.94
45.29
46.96
34.74
42.05
31.66
30.69
31.54
26.21
35.32
22.25
27.74
21.43
24.53
20.38
20.01
18.55
12.90
12.58
12.60
11.42
11.10
15.61
9.95
9.59
9.27
7.62
7.46
7.22
7.00
10.29
3.48
2.45
1.20
0.98
0.53
0.41
-60.01%
% to Net Assets
Money Market Instruments
Commercial Paper(CP)/Certificate of Deposits(CD)
Public Sector Undertakings
IDBI Bank Ltd.
CRISIL A1+
Bank Of Baroda
CRISIL A1+
UCO Bank
CRISIL A1+
Punjab & Sind Bank
CRISIL A1+
Canara Bank
CRISIL A1+
Dena Bank
CRISIL A1+
9.79%
9.74%
4.46%
2.95%
1.48%
1.03%
Issuer/Instrument
Industry/Rating
Central Bank Of India
CRISIL A1+
Public Sector Undertakings - Total
TERM DEPOSITS
Kotak Mahindra Bank Ltd.
Ratnakar Bank Ltd
Term Deposits - Total
Collateral Borrowing & Lending obligation
Net Current Assets/(Liabilities)
Grand Total
% to Net Assets
0.15%
29.60%
11.51%
1.07%
12.58%
2.54%
-5.02%
100.00%
Notes:
Term Deposit as provided above is towards margin for derivatives transactions
For the month ended 30th April,2015 hedging transactions through futures which have been squared off/expired are as follows;
Total Number of contracts where futures were bought 83065, Total number of contracts where futures were sold 12914, Gross Notional value
of contracts where futures were bought `253777.57 lacs , Gross Notional value of contracts where futures were sold `38938.5 lacs and Net
profit/(loss) value on all these contracts combined `3435.9 lacs
Kotak Equity Arbitrage NAV as on March 31, 2015: `10.7781 (Dividend Option), `10.9205 (Direct Dividend Option), `20.6242 (Growth
Option), `20.8585 (Direct Growth Option), `20.0544 (Bimonthly Option), `20.2477 (Direct Bimonthly Option)
SECTOR ALLOCATION (%)
2.58
2.69 2.68
7.83
4.94
4.96
9.16
9.91
PRODUCT LABEL
29.60
15.12
10.53
Commercial Paper (CP)/Certificate of Deposits (CD)
CBLO & Term Deposits & Rev.Repo
Banks
Pharmaceuticals
Power
Cement
Finance Software
Petroleum Products
Others
Auto
This product is suitable for investors who are seeking*:
•
Income from arbitrage opportunities in the equity market
•
Investment in arbitrage opportunities in the cash & derivatives
segment of the equity market.
•
Low risk (Blue)
* Investment in arbitrage opportunities in the cash & derivatives
segment of the equity market.
Note: Risk maybe represented as: Investors understand that their
principal will be at
Low risk
(Blue)
Medium risk
(Yellow)
High risk
(Brown)
15
EQUITY SCHEMES
INVESTMENT STYLE
Style
Value
Maturity
Blend Growth Size
Short Medium Long Volatility
KOTAK EQUITY SAVINGS FUND
Large
Low
An Open Ended Equity Fund
Mid
Medium
(As on April 30, 2015)
Small
High
Investment Objective
The investment objective of the scheme is
to generate capital appreciation and
income by predominantly investing in
arbitrage opportunities in the cash and
derivatives segment of the equity market,
and enhance returns with a moderate
exposure in equity & equity related
instruments. There is no assurance or
guarantee that the investment objective of
the scheme will be achieved.
Inception Date
October 13, 2014
Fund Managers
Mr. Deepak Gupta & Mr. Abhishek Bisen
Benchmark
75% of Crisil Liquid Fund & 25% in CNX
Nifty
AAUM (` In Crores)
AAUM as on March 31, 2015: `412.83
Available Plans/Options
A) Regular Plan
B) Direct Plan / Options: Dividend Payout,
Dividend Reinvestment & Growth
(applicable for all plans)
Dividend Frequency
Monthly (12th of every month) Quarterly
(20th of March, June, September and
December of every year)
Ratios
Portfolio Turnover: 150.48%
$
Beta: 0.86
$
Sharpe## :0.01
$
Standard Deviation : 3.49%
Source: &ICRAMFI Explorer.
Beta, Standard Deviation & Sharpe Ratio are
calculated on Annualised basis using 3
years history of monthly returns.
## Risk-free rate assumed to be 7.90% (3
months T-bill yield as on April 30, 2015)
Minimum Investment Amount
Initial Investment: `5000 and in multiple
of `1 for purchase and for `0.01 for
switches
Additional Investment: `1000 & in
multiples of `1 for purchase and for `0.01
for switches
Ideal Investments Horizon: 3 years &
above
Load Structure
Entry Load: Nil.
Exit Load:
I) For exit within 1 year from date of
allotment of units: 1%;
ii) For exit after 1year from the date of
allotment of units: Nil. Any exit load
charged (net off Service Tax, if any) shall be
credited back to the Scheme.
Bonus units and units issued on
reinvestment of dividends shall not be
subject to entry and exit load.
PORTFOLIO
Issuer/Instrument
Industry/Rating
% to Net Assets
Equity & Equity related (Listed/Awaiting listing on Stock Exchange)
HDFC Bank Ltd.
Banks
IDFC Limited
Finance
Infosys Ltd.
Software
Maruti Suzuki India Limited
Auto
Power Grid Corporation Of India Ltd
Power
IndusInd Bank Ltd.
Banks
Axis Bank Ltd
Banks
Yes Bank Ltd
Banks
Tech Mahindra Ltd.
Software
Aurobindo Pharma Ltd.
Pharmaceuticals
HDFC Ltd.
Finance
Reliance Industries Ltd.
Petroleum Products
Sun Pharmaceuticals Industries Ltd.
Pharmaceuticals
ICICI Bank Ltd.
Banks
HCL Technologies Ltd.
Software
Oil & Natural Gas Corporation Ltd.
Oil
Grasim Industries Ltd.
Cement
National Thermal Power
Corporation Limited
Power
Lupin Ltd.
Pharmaceuticals
Hindustan Unilever Ltd.
Consumer Non Durables
Tata Steel Limited.
Ferrous Metals
Larsen And Toubro Ltd.
Construction Project
IRB Infrastructure Developers Ltd
Construction
Tata Motors Ltd.
Auto
Strides Arcolab Ltd.
Pharmaceuticals
ITC Ltd.
Consumer Non Durables
Cipla Ltd.
Pharmaceuticals
Eicher Motors Ltd
Auto
Jaiprakash Associates Ltd
Construction
Cairn India Limited
Oil
Britannia Industries Ltd.
Consumer Non Durables
Asian Paints Ltd.
Consumer Non Durables
JSW Energy Ltd.
Power
Adani Port and Special Economic Zone
Limited
Transportation
Bharat Forge Ltd.
Industrial Products
Motherson Sumi Systems Ltd.
Auto Ancillaries
Bharat Electronics Ltd
Industrial Capital Goods
State Bank Of India
Banks
National Buildings Construction
Corporation Limited
Construction
GMR Infrastructure Ltd.
Construction Project
Tata Global Beverages Limited
Consumer Non Durables
Ashok Leyland Ltd.
Auto
7.07%
5.56%
3.50%
3.06%
2.81%
2.63%
2.62%
2.38%
2.21%
2.06%
2.00%
1.94%
1.87%
1.57%
1.55%
1.53%
1.47%
1.39%
1.25%
1.21%
1.11%
0.97%
0.95%
0.95%
0.87%
0.73%
0.67%
0.65%
0.61%
0.58%
0.54%
0.52%
0.49%
0.47%
0.46%
0.46%
0.44%
0.44%
0.42%
0.41%
0.39%
0.34%
Bank of India
Banks
UPL Ltd
Pesticides
Bosch Limited
Auto Ancillaries
Shriram Transport Finance Co Ltd.
Finance
Zee Entertainment Enterprises Ltd
Media and Entertainment
Hindustan Petroleum Corporation Ltd
Petroleum Products
Bata India Ltd.
Consumer Durables
VRL Logistics Ltd.
Transportation
LIC Housing Finance Ltd.
Finance
Dr Reddys Laboratories Ltd
Pharmaceuticals
Hero MotoCorp Ltd.
Auto
Wockhardt Ltd.
Pharmaceuticals
Jaiprakash Power Ventures Ltd.
Power
Apollo Hospitals Enterprises Ltd.
Healthcare Services
JSW Steel Ltd.
Ferrous Metals
Tata Consultancy Services Ltd.
Software
Bharat Petroleum Corporation Ltd.
Petroleum Products
Titan Company Ltd.
Consumer Durables
Adani Power Ltd
Power
Siemens Ltd.
Industrial Capital Goods
Coal India Ltd.
Minerals/Mining
TVS Motors Company Ltd
Auto
Union Bank Of India
Banks
L&T Finance Holdings Ltd
Finance
Rural Electrification Corporation Ltd
Finance
Adani Enterprises Ltd
Trading
INOX WIND LIMITED
Power
Engineers India Ltd.
Construction Project
UFO Moviez Limited
Media and Entertainment
Century Textiles & Industries Ltd.
Cement
Karnataka Bank Ltd
Banks
Wipro Ltd.
Software
Ambuja Cements Ltd
Cement
Dabur India Ltd
Consumer Non Durables
Jain Irrigation Systems Ltd.
Industrial Products
Tata Communications Ltd
Telecom - Services
Havells India Ltd.
Consumer Durables
Punjab National Bank
Banks
Amtek Auto Ltd.
Auto Ancillaries
Cummins India Ltd.
Industrial Products
Indiabulls Real Estate Ltd
Construction
Industrial Development Bank of India Ltd. Banks
Exide Industries Ltd
Auto Ancillaries
Glenmark Pharmaceuticals Ltd
Pharmaceuticals
Tata Motors Ltd - DVR
Auto
Ultratech Cement Ltd.
Cement
Listed/Awaiting Listing on Stock Exchange - Total
Hedging Positions through Futures as on 30th April, 2015
PORTFOLIO
Underlying
Long/Short
HDFC Bank Ltd. MAY 2015 FUTURE
IDFC Limited MAY 2015 FUTURE
Power Grid Corporation Of India Ltd MAY 2015 FUTURE
Yes Bank Ltd JUNE 2015 FUTURE
Aurobindo Pharma Ltd. MAY 2015 FUTURE
Infosys Ltd. MAY 2015 FUTURE
Maruti Suzuki India Limited MAY 2015 FUTURE
Grasim Industries Ltd. MAY 2015 FUTURE
National Thermal Power Corporation Limited
MAY 2015 FUTURE
IndusInd Bank Ltd. MAY 2015 FUTURE
Tech Mahindra Ltd. MAY 2015 FUTURE
Tata Steel Limited. MAY 2015 FUTURE
Axis Bank Ltd MAY 2015 FUTURE
Oil & Natural Gas Corporation Ltd. MAY 2015 FUTURE
HDFC Ltd. MAY 2015 FUTURE
Sun Pharmaceuticals Industries Ltd. MAY 2015 FUTURE
Strides Arcolab Ltd. MAY 2015 FUTURE
Reliance Industries Ltd. MAY 2015 FUTURE
Reliance Industries Ltd. JUNE 2015 FUTURE
Cairn India Limited MAY 2015 FUTURE
IRB Infrastructure Developers Ltd MAY 2015 FUTURE
Jaiprakash Associates Ltd MAY 2015 FUTURE
ITC Ltd. MAY 2015 FUTURE
HCL Technologies Ltd. MAY 2015 FUTURE
Adani Port and Special Economic Zone Limited
MAY 2015 FUTURE
ICICI Bank Ltd. MAY 2015 FUTURE
Cipla Ltd. MAY 2015 FUTURE
JSW Energy Ltd. MAY 2015 FUTURE
GMR Infrastructure Ltd. MAY 2015 FUTURE
Tata Global Beverages Limited MAY 2015 FUTURE
Bank of India MAY 2015 FUTURE
Lupin Ltd. MAY 2015 FUTURE
Hindustan Petroleum Corporation Ltd MAY 2015 FUTURE
Bata India Ltd. MAY 2015 FUTURE
Hero MotoCorp Ltd. MAY 2015 FUTURE
Wockhardt Ltd. MAY 2015 FUTURE
Jaiprakash Power Ventures Ltd. MAY 2015 FUTURE
Eicher Motors Ltd MAY 2015 FUTURE
Hindustan Unilever Ltd. MAY 2015 FUTURE
JSW Steel Ltd. MAY 2015 FUTURE
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
0.33%
0.33%
0.30%
0.29%
0.29%
0.28%
0.25%
0.25%
0.24%
0.23%
0.23%
0.23%
0.20%
0.18%
0.18%
0.17%
0.16%
0.16%
0.15%
0.15%
0.14%
0.12%
0.12%
0.11%
0.11%
0.10%
0.09%
0.08%
0.08%
0.07%
0.07%
0.07%
0.06%
0.06%
0.05%
0.05%
0.04%
0.04%
0.03%
0.02%
0.02%
0.02%
0.01%
0.01%
0.01%
0.01%
69.34%
Futures Price Current Price of Margin Maintained
When purchased the Contract
in Lakhs
1004.950679
998.75
472.47
166.9251316
169.55
426.24
144.8701402
143.45
215.06
830.2592
846.4
173.21
1281.354501
1296.7
203.19
1970.420232
1958.75
141.42
3778.157375
3756.95
134.16
3623.417898
3619.25
112.29
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
152.2936696
832.3370469
615.1897182
373.8776333
549.7486758
310.865955
1217.365087
939.3660818
1023.435932
880.095844
867.5882
211.397
229.1147519
20.5313
338.7075946
879.2618429
151.4
830.75
626.35
363.4
572.5
306.7
1179.5
947.4
1038.5
860.35
867.25
215.3
234.7
20.8
325.05
886.85
106.18
96.80
88.71
85.25
86.29
79.42
70.10
83.91
101.36
107.92
107.92
52.21
49.51
61.20
46.75
43.63
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
SHORT
307.6027347
326.1481
636.1636076
114.2818
14.9784
143.8332576
215.8613
1751.10691
621.83125
1028.533
2364.366624
1291.894118
8.7189
15381.48
877.2714286
953.177027
320.5
333.95
641.15
115.3
14.95
143.25
218.15
1787.05
630.6
1027.9
2349.2
1299.15
8.7
15340.95
857.05
939.35
36.06
36.29
33.06
34.66
39.61
29.56
25.61
20.24
20.65
18.86
17.88
35.52
18.15
14.97
14.05
13.56
16
EQUITY SCHEMES
KOTAK EQUITY SAVINGS FUND
An Open Ended Equity Fund
(As on April 30, 2015)
(Contd)
PORTFOLIO
Underlying
Long/Short
Futures Price Current Price of Margin Maintained
When purchased the Contract
in Lakhs
Apollo Hospitals Enterprises Ltd. MAY 2015 FUTURE
SHORT
1159.775
1147.85
17.34
Titan Company Ltd. MAY 2015 FUTURE
SHORT
386.5825
385.85
12.05
Adani Power Ltd MAY 2015 FUTURE
SHORT
42.78636364
43.3
12.28
Coal India Ltd. MAY 2015 FUTURE
SHORT
376.7842053
365.45
10.86
Union Bank Of India MAY 2015 FUTURE
SHORT
144.4963415
144.95
9.30
L&T Finance Holdings Ltd MAY 2015 FUTURE
SHORT
64.34999545
63.65
8.79
Rural Electrification Corporation Ltd MAY 2015 FUTURE
SHORT
316.5176
314.45
8.36
Adani Enterprises Ltd MAY 2015 FUTURE
SHORT
659.2733067
680.15
7.97
Engineers India Ltd. MAY 2015 FUTURE
SHORT
188.86247
185.05
5.78
Century Textiles & Industries Ltd. MAY 2015 FUTURE
SHORT
681.6444444
741.15
8.87
Karnataka Bank Ltd MAY 2015 FUTURE
SHORT
125.3615462
127.2
5.17
LIC Housing Finance Ltd. MAY 2015 FUTURE
SHORT
432.35
433.8
4.74
Larsen And Toubro Ltd. MAY 2015 FUTURE
SHORT
1665.292857
1645.5
4.50
Dabur India Ltd MAY 2015 FUTURE
SHORT
257.7636273
254.05
4.37
Tata Communications Ltd MAY 2015 FUTURE
SHORT
445.46665
439.5
4.14
Zee Entertainment Enterprises Ltd MAY 2015 FUTURE
SHORT
314.6625
314.6
3.94
Wipro Ltd. MAY 2015 FUTURE
SHORT
536.4333111
542.85
3.82
Jain Irrigation Systems Ltd. MAY 2015 FUTURE
SHORT
57.475
57.6
3.76
Shriram Transport Finance Co Ltd. MAY 2015 FUTURE
SHORT
1007.238871
977.15
3.50
Ambuja Cements Ltd MAY 2015 FUTURE
SHORT
232.7
234.45
2.57
Amtek Auto Ltd. MAY 2015 FUTURE
SHORT
157.43
160.25
2.80
State Bank Of India MAY 2015 FUTURE
SHORT
280.0625
271
2.12
Indiabulls Real Estate Ltd MAY 2015 FUTURE
SHORT
59.1
59.55
2.35
Industrial Development Bank of India Ltd. MAY 2015 FUTURE SHORT
74.7667
75.2
1.58
Ultratech Cement Ltd. MAY 2015 FUTURE
SHORT
2736.975
2688.55
1.05
Tata Motors Ltd - DVR MAY 2015 FUTURE
SHORT
325.8
313.25
0.99
Glenmark Pharmaceuticals Ltd MAY 2015 FUTURE
SHORT
850
896.65
0.78
Bharat Petroleum Corporation Ltd. MAY 2015 FUTURE
SHORT
753.85
771.05
0.65
Exide Industries Ltd MAY 2015 FUTURE
SHORT
175.75
172.6
0.57
Total %age of existing assets hedged through futures
-45.05%
Issuer/Instrument
Industry/Rating
% to Net Assets Issuer/Instrument
Industry/Rating % to Net Assets
Kotak Mahindra Bank Ltd.
8.42%
Debt Instruments
Ratnakar Bank Ltd
2.88%
Debentures and Bonds
Standard Chartered Bank Ltd
0.02%
Corporate Debt/Financial Institutions
Term Deposits - Total
11.32%
Futures (Market value represents Notional Value) - Total
Tata Capital Housing Finance Ltd;
CRISIL AA+
Corporate Debt/Financial Institutions - Total
-45.13%
3.36%
Collateral Borrowing & Lending obligation
18.00%
3.36%
Net Current Assets/(Liabilities)
43.11%
Grand Total
100%
TERM DEPOSITS
Notes:
Term Deposit as provided above is towards margin for derivatives transactions
For the month ended 30th April,2015 hedging transactions through futures which have been squared off/expired are as follows;
Total Number of contracts where futures were bought 9301, Total number of contracts where futures were sold 1067, Gross Notional value of
contracts where futures were bought `26,494.97 lacs , Gross Notional value of contracts where futures were sold `2453.48 lacs and Net
profit/(loss) value on all these contracts combined `533.79 lacs
For the month ended 30th April,2015 other than hedging transactions through futures which have been squared off/expired are as follows;
Total Number of contracts where futures were bought 47, Total number of contracts where futures were sold 47, Gross Notional value of
contracts where futures were bought `157.18 lacs , Gross Notional value of contracts where futures were sold `161.25 lacs and Net
profit/(loss) value on all these contracts combined `4.07 lacs
For the month ended 30th April,2015 other than hedging transactions through options which have already been exercised/expired are as
follows;
Total number of contracts entered into were 6064, Gross Notional Value of contracts is `12278lacs and Net Profit/(Loss) on all contracts is
`21.57 lacs.
Kotak Equity Savings Fund NAV as on March 31, 2015: `10.6369 (Growth Option), `10.5000 (Monthly Dividend Option), `10.4864
( Quarterly Dividend Option), `10.6667 (Direct Growth Option), `10.5249 (Direct Monthly Dividend Option), `10.5162 (Direct Quarterly
Dividend Option)
SECTOR ALLOCATION (%)
3.36 2.38 10.71
3.45
5.13
5.36
7.19
7.50
8.31
29.32
17.29
CBLO & Term Deposits & Rev.Repo Banks Finance
Software Pharmaceuticals Auto Power
Consumer Non Durables
Debentures and Bonds
Petroleum Products REST
PRODUCT LABEL
This product is suitable for investors who are seeking*:
•
Income from arbitrage opportunities in the equity market &
long term capital growth
•
Investment predominantly in arbitrage opportunities in the
cash & derivatives segment of the equity market and equity &
equity related securities
•
Medium risk (Yellow)
* Investors should consult their financial advisors if in doubt about
whether the product is suitable for them.
Note: Risk maybe represented as: Investors understand that their
principal will be at
Low risk
(Blue)
Medium risk
(Yellow)
High risk
(Brown)
17
DEBT SCHEMES
INVESTMENT STYLE
Maturity
Short Medium Long Volatiliy
KOTAK LIQUID
Low
An Open - Ended Debt Scheme
Medium
High
(As on April 30, 2015)
Investment Objective
To provide reasonable returns and high level
of liquidity by investing in debt and money
market instruments of different maturities
so as to spread risk across different kinds of
issuers in the debt markets
Inception Date
Regular Plan - October 5, 2000;
Institutional Plan - March 14, 2003;
Plan A - November 4, 2003
Fund Managers
Mr. Deepak Agrawal &
Mr. Abhishek Bisen
Benchmark
CRISIL Liquid Fund
AAUM (` In Crores)
AAUM as on March 31, 2015: `6830.38
Available Plans/Options
Plans: a) Regular & b) Institutional
(discontinued for further subscriptions
w.e.f. October 1, 2012) c) Plan A (Previously
known as Institutional Premium Plan) d)
Direct Plan / Options: Dividend Payout,
Dividend Reinvestment, Growth & Bonus
(applicable for all plans)
Dividend Frequency
Daily, Weekly (Every Monday) (applicable
for all plans)
PORTFOLIO
Issuer/Instrument
Industry/Rating
Debt Instruments
Debentures and Bonds
Corporate Debt / Financial Institutions
HDB Financial Services Ltd.
CRISIL AAA
Tata Capital Financial
Services Limited
ICRA AA+
Corporate Debt/Financial Institutions - Total
Public Sector Undertakings
Power Finance Corporation Ltd. CRISIL AAA
Public Sector Undertakings - Total
Money Market Instruments
Commercial Paper(CP)/Certificate of Deposits(CD)
Corporate Debt/Financial Institutions
HDFC Ltd.
ICRA A1+
Edelweiss Financial Services
Limited
CRISIL A1+
Edelweiss Commodities
Services Ltd.
CRISIL A1+
Sesa Sterlite Ltd.
CRISIL A1+
India Infoline Finance Limited ICRA A1+
IndusInd Bank Ltd.
CRISIL A1+
Au Financiers (India) Limited
FITCH A1+(IND)
Reliance Capital Ltd.
CRISIL A1+
AXIS Bank Ltd.
CRISIL A1+
Adani Port and Special
Economic Zone Limited
ICRA A1+
% to Net
Assets
1.15%
0.90%
2.05%
2.69%
2.69%
15.10%
9.55%
5.55%
5.50%
4.33%
3.34%
3.32%
2.77%
2.23%
2.20%
Issuer/Instrument
Industry/Rating
Bharat Alluminum Co. Ltd.
CRISIL A1+
Vardhman Textiles Ltd.
CRISIL A1+
L & T Finance Limited
CRISIL A1+
Corporate Debt/Financial Institutions - Total
Public Sector Undertakings
Vijaya Bank
CRISIL A1+
Export-Import Bank of India.
CRISIL A1+
Oriental Bank of Commerce
CRISIL A1+
Corporation Bank
CRISIL A1+
Export-Import Bank of India.
ICRA A1+
UCO Bank
CRISIL A1+
Andhra Bank
CRISIL A1+
State Bank of Bikaner & Jaipur CRISIL A1+
Syndicate Bank
CRISIL A1+
Rural Electrification
Corporation Ltd.
CARE A1+
Bank Of Baroda
CRISIL A1+
IDBI Bank Ltd.
CRISIL A1+
Public Sector Undertakings - Total
TERM DEPOSITS
Indian Overseas Bank
Ratnakar Bank Ltd
Karur Vysya Bank Ltd.
Term Deposits - Total
Net Current Assets/(Liabilities)
Grand Total
% to Net
Assets
1.67%
1.11%
0.11%
56.78%
13.88%
6.63%
6.62%
4.98%
4.43%
3.02%
2.32%
2.21%
2.21%
1.66%
1.55%
1.23%
50.74%
6.72%
3.36%
0.56%
10.64%
-22.90%
100.00%
Ratios
$
Standard Deviation: 0.12%,
Modified Duration: 0.16 yrs,
YTM: 8.29%
Average Maturity of the portfolio based on total maturity of fixed rate and immediate reset date of floating rate instruments :
0.16 years
Kotak Liquid Plan A Fund NAV as on March 31, 2015: `2836.6389 (Growth Option), `2839.7670 (Direct Growth Option),
`1000.8102 (Dividend), `1004.9989 (Direct Dividend), `1222.8100 (Daily Dividend), `1222.8100 (Direct Daily Dividend)
$
Source: ICRAMFI Explorer. Standard
Deviation is calculated on Annualised basis
using 3 years history of monthly returns.
Minimum Investment Amount
Initial Investment:
Plan A - `5000
and in multiple of `1 for purchase and for
`0.01 for switches
Additional Investment: `1000 & in
multiples of `1
Ideal Investment Horizon: 1 - 15 days
Load Structure
Entry Load: Nil. (applicable for all plans)
Exit Load: Nil. (applicable for all plans)
Bonus units and units issued on
reinvestment of dividends shall not be
subject to exit load (applicable for all plans)
SECTOR ALLOCATION (%)
4.74
10.64
RATING PROFILE
0.90
-22.90
10.6413.93
-22.90
13.93
107.52
111.36
85.95
Commercial Paper (CP)/Certificate of Deposits (CD)
CBLO & Term Deposits & Rev.Repo
Net Current Assets
Debentures and Bonds
A1+, AAA, A1+(IND), A1+ CBLO & Term Deposits & Rev.Repo
AA+
Net Current Assets
PRODUCT LABEL
This product is suitable for investors who are seeking*:
•
Income over a short term investment horizon
•
Investment in debt & money market securities
•
Low risk
(Blue)
* Investors should consult their financial advisors if in doubt about whether the product is suitable for them.
Note: Risk maybe represented as: Investors understand that their principal will be at
Low risk
(Blue) Medium risk
(Yellow) High risk
(Brown)
18
DEBT SCHEMES
INVESTMENT STYLE
Maturity
Short Medium Long Volatiliy
KOTAK FLOATER SHORT TERM
Low
Medium
An Open - Ended Debt Scheme
High
(As on April 30, 2015)
Investment Objective
To reduce the interest rate risk associated
with investments in fixed rate instruments
by investing predominantly in floating rate
securities, money market instruments and
using appropriate derivatives.
PORTFOLIO
Issuer/Instrument
Industry/Rating
Debt Instruments
Debentures and Bonds
Mr. Deepak Agrawal &
Corporate Debt / Financial Institutions
Kal Airways Pvt Ltd.
CARE A1+(SO)
Sundaram Finance Ltd.
ICRA AA+
IOT Utkal Energy Services Ltd.
CRISIL AAA(SO)
Corporate Debt/Financial Institutions - Total
Mr. Abhishek Bisen
Money Market Instruments
Benchmark
Commercial Paper(CP)/Certificate of Deposits(CD)
CRISIL Liquid Fund
Corporate Debt/Financial Institutions
HDFC Ltd.
ICRA A1+
Edelweiss Financial Services
Limited
CRISIL A1+
Karur Vysya Bank Ltd.
CRISIL A1+
Hinduja Leyland Finance Ltd.
CARE A1+
Tata Motors Finance Solutions
Private Limited
CRISIL A1+
Shapoorji Pallonji and Company
Private Limited
ICRA A1+
Cholamandalam Investment
and Finance Company Ltd
ICRA A1+
Deepak Fertilizers & Petrochemicals
Corp Ltd
CARE A1+
JM Financial Asset Reconstruction
Co. Pvt. Ltd
ICRA A1+
Sadbhav Engineering Ltd.
CARE A1+
Religare Finvest Ltd.
CRISIL A1+
Piramal Enterprises Limited
ICRA A1+
Inception Date
July 14, 2003
Fund Managers
AAUM (` In Crores)
AAUM as on March 31, 2015: `3574.06
Available Plans/Options
A) Regular Plan
B ) D i re c t P l a n / O p t i o n s : D i v i d e n d
Reinvestment & Growth (applicable for all
plans
Dividend Frequency
Daily Weekly (Every Monday), Monthly
(12th of every Month)
Ratios
$
Standard Deviation: 0.16%,
Modified Duration: 0.11yrs,
YTM: 8.54%
Source: $ ICRAMFI Explorer. Standard
Deviation is calculated on Annualised basis
using 3 years history of monthly returns.
Minimum Investment Amount
`5000 Under
Initial Investment:
growth, weekly dividend and monthly
dividend option & `1,00,000 under Daily
Dividend Reinvestment option,
% to Net
Assets
4.43%
2.21%
0.07%
6.71%
10.84%
5.52%
4.39%
4.37%
3.27%
2.86%
2.31%
2.20%
2.20%
2.19%
2.18%
1.65%
Issuer/Instrument
Industry/Rating
% to Net
Assets
Religare Finvest Ltd.
FITCH A1+(IND)
AXIS Bank Ltd.
CRISIL A1+
IndusInd Bank Ltd.
CRISIL A1+
Aditya Birla Money Ltd
CRISIL A1+
India Infoline Finance Limited ICRA A1+
Corporate Debt/Financial Institutions - Total
1.64%
1.32%
1.10%
0.55%
0.11%
48.70%
Public Sector Undertakings
Andhra Bank
CRISIL A1+
Bank Of Baroda
CRISIL A1+
Canara Bank
CRISIL A1+
IDBI Bank Ltd.
CRISIL A1+
Export-Import Bank of India.
CRISIL A1+
Oriental Bank of Commerce
CRISIL A1+
Dena Bank
CRISIL A1+
Vijaya Bank
CRISIL A1+
Indian Bank
CRISIL A1+
Central Bank Of India
CRISIL A1+
UCO Bank
CRISIL A1+
Public Sector Undertakings - Total
4.81%
4.38%
4.38%
4.38%
4.36%
4.35%
3.28%
2.74%
2.18%
1.65%
0.88%
37.39%
TERM DEPOSITS
The South Indian Bank Ltd.
Indian Overseas Bank
HDFC Bank Ltd.
Term Deposits - Total
4.42%
2.21%
1.10%
7.73%
Collateral Borrowing & Lending obligation
Net Current Assets/(Liabilities)
0.07%
-0.60%
Grand Total
100.00%
Average Maturity of the portfolio based on total maturity of fixed rate and immediate reset date of floating rate instruments :
0.11 years
Kotak Floater Short Term Fund NAV as on March 31, 2015: `2292.7735 (Growth Option), `2295.3333 (Direct Growth Option),
`1013.0691 (Weekly Dividend), `1014.7326 (Direct Weekly Dividend), `1006.6820 (Monthly Dividend), `1012.0416 (Direct Monthly
Dividend), `1011.6200 (Daily Dividend), `1011.6200 (Direct Daily Dividend)
Additional Investment: `1000 & in
multiples of `1
Ideal Investment Horizon: 1-15 days
Load Structure
Entry Load: Nil. (applicable for all plans)
SECTOR ALLOCATION (%)
Exit Load:
6.71
Nil (applicable for all plans) Bonus units and
units issued on reinvestment of dividends
shall not be subject to exit load (applicable
for all plans)
7.80
RATING PROFILE (%)
- 0.60
7.80
2.21
86.09
-0.60
90.59
Commercial Paper (CP)/Certificate of Deposits (CD)
CBLO & Term Deposits & Rev.Repo
Net Current Assets
Debentures and Bonds
A1+, A1+(SO), A1+, AAA(SO), A1+(IND), A1+
CBLO & Term Deposits & Rev.Repo
AA+
Net Current Assets
PRODUCT LABEL
This product is suitable for investors who are seeking*:
•
Income over a short term investment horizon
•
Investment in floating rate securities, debt & money market securities
•
Low risk
(Blue)
* Investors should consult their financial advisors if in doubt about whether the product is suitable for them.
Note: Risk maybe represented as: Investors understand that their principal will be at
Low risk
(Blue) Medium risk
(Yellow) High risk
(Brown)
19
DEBT SCHEMES
INVESTMENT STYLE
Maturity
Short Medium Long Volatiliy
KOTAK TREASURY ADVANTAGE FUND
Low
Medium
(Formerly Known as Kotak Floater Long Term Scheme)
An Open – Ended Debt Scheme
High
(As on April 30, 2015)
Investment Objective
The investment objective of the Scheme is
to generate returns through investments in
debt and money market instruments with a
view to reduce the interest rate risk.
However, there is no assurance or
guarantee that the investment objective of
the scheme will be achieved
Inception Date
August 13, 2004
Fund Managers
Mr. Deepak Agrawal &
Mr. Abhishek Bisen
Benchmark
CRISIL Liquid Fund
AAUM (` In Crores)
AAUM as on March 31, 2015: `2972.27
Available Plans/Options
A) Regular Plan
B) Direct Plan/Options: Dividend Payout,
Dividend Reinvestment & Growth
(applicable for all plans)
Dividend Frequency
Daily Monthly (12th of every Month),
Weekly (Every Monday)
Ratios
$
Standard Deviation: 0.38%,
Modified Duration: 0.44 yrs,
YTM: 8.71%
Source: $ ICRAMFI Explorer. Standard
Deviation is calculated on Annualised basis
using 3 years history of monthly returns.
Minimum Investment Amount
(i) Dividend ReInitial Investment:
investment & Growth- `5000 & above (ii)
Dividend Payout (Weekly) - `1,00,00,000 &
above
Additional Investment: `1000 & in
multiples of `1
Ideal Investment Horizon: 1-3 months
Load Structure
Entry Load: Nil. (applicable for all plans)
Exit Load:
PORTFOLIO
Issuer/Instrument
Industry/Rating
Debt Instruments
Debentures and Bonds
Corporate Debt/Financial Institutions
HPCL Mittal Energy Ltd.
ICRA AALarsen & Toubro Shipbuilding Ltd.CRISIL AAA
HDB Financial Services Ltd.
CRISIL AAA
Kotak Mahindra Prime Ltd.
CRISIL AAA
Indiabulls Housing Finance Ltd CARE AAA
Lands End Properties
Private Limited
CARE AA+(SO)
Tata Capital Financial
Services Limited
CRISIL AA+
Talwandi Sabo Power Limited
CRISIL AA+(SO)
GE Capital Services India.
CRISIL AAA
Shriram Transport Finance
Co Ltd.
FITCH AA+(IND)
Hero FinCorp Ltd.
CRISIL AA+
Shriram City Union Finance Ltd. CRISIL AALIC Housing Finance Ltd.
CRISIL AAA
IDFC Limited
ICRA AAA
Tata Sons Ltd.
CRISIL AAA
Tata Power Company Ltd.
CRISIL AATata Capital Housing Finance
Ltd;
CRISIL AA+
Cholamandalam Investment
and Finance Company Ltd
ICRA AA
Corporate Debt/Financial Institutions - Total
Public Sector Undertakings
Nabha Power Ltd.
CRISIL AAA
Public Sector Undertakings - Total
Money Market Instruments
Commercial Paper(CP)/Certificate of Deposits(CD)
Corporate Debt/Financial Institutions
Sesa Sterlite Ltd.
CRISIL A1+
Tata Motors Finance Solutions
Private Limited
CRISIL A1+
% to Net
Assets
5.81%
3.20%
2.62%
2.33%
2.32%
1.38%
1.23%
1.16%
0.70%
0.35%
0.23%
0.23%
0.21%
0.12%
0.12%
0.06%
0.03%
0.01%
22.11%
2.09%
2.09%
9.55%
7.77%
Issuer/Instrument
Industry/Rating
HDFC Ltd.
ICRA A1+
Shapoorji Pallonji and Company
Private Limited
ICRA A1+
Reliance Capital Ltd.
CRISIL A1+
Tata Power Company Ltd.
ICRA A1+
ING Vysya Bank Ltd
CRISIL A1+
ICICI Home Finance Company
Limited
ICRA A1+
HDFC Ltd.
CRISIL AAA
AXIS Bank Ltd.
CRISIL A1+
S D Corporation Private Limited ICRA A1+
Sundaram Finance Ltd.
CRISIL A1+
Bajaj Electricals Ltd
ICRA A1+
Edelweiss Financial Services Ltd CRISIL A1+
Corporate Debt/Financial Institutions - Total
Public Sector Undertakings
UCO Bank
CRISIL A1+
Andhra Bank
CRISIL A1+
IDBI Bank Ltd.
CRISIL A1+
Punjab & Sind Bank
CRISIL A1+
Vijaya Bank
CRISIL A1+
Bank of India
CRISIL A1+
Canara Bank
CRISIL A1+
Public Sector Undertakings - Total
Treasury Bills
364 Days Treasury Bill
05/04/2016
SOV
Treasury Bills - Total
TERM DEPOSITS
HDFC Bank Ltd.
Kotak Mahindra Bank Ltd.
Term Deposits - Total
Collateral Borrowing & Lending obligation
Net Current Assets/(Liabilities)
Grand Total
% to Net
Assets
7.76%
6.24%
3.92%
3.32%
2.22%
2.21%
2.20%
1.15%
1.15%
1.13%
0.57%
0.23%
49.42%
8.59%
4.79%
4.59%
2.26%
2.16%
1.01%
0.33%
23.73%
0.71%
0.71%
2.43%
0.14%
2.57%
1.28%
-1.91%
100.00%
Notes
For the month ended 30th April,2015 hedging transactions through futures which have been squared off/expired are as follows;
Total Number of contracts where futures were bought 10000, Gross Notional value of contracts where futures were bought `20.816.10 lacs and
Net profit/(loss) value on all these contracts combined `101.70 lacs
Average Maturity of the portfolio based on total maturity of fixed rate and immediate reset date of floating rate instruments :
0.45 years.
K o t a k Tr e a s u r y A d v a n t a g e F u n d N AV a s o n M a r c h 3 1 , 2 0 1 5 : ` 1 0 . 0 7 9 8 ( D a i l y D i v i d e n d O p t i o n ) ,
`10.0798 (Daily Dividend - Direct), `22.2702 (Growth Option), `10.1370 (Monthly Dividend Option), `10.1449 (Weekly Dividend Option),
`10.5508 (Monthly Dividend - Direct), `10.1743 (Weekly Dividend - Direct), `22.3843 (Growth - Direct Option)
Nil.(applicable for all plans) Bonus units and
units issued on reinvestment of dividends
shall not be subject to exit load (applicable
for all plans)
RATING PROFILE
3.85
0.71
-1.91
3.85
-1.91
10.49
24.20
73.15
87.57
Commercial Paper (CP)/Certificate of Deposits (CD)
Treasury Bills
Debentures and Bonds
Net Current Assets
CBLO & Term Deposits & Rev.Repo
Net Current Assets
AAA, A1+, AAA, A1+, AAA, SOV
AA+(SO), AA+, AA+(SO), AA+(IND), AA, AACBLO & Term Deposits & Rev.Repo
PRODUCT LABEL
This product is suitable for investors who are seeking*:
•
Income over a medium term investment horizon
•
Investment in debt & money market securities
•
Low risk
(Blue)
* Investors should consult their financial advisors if in doubt about whether the product is suitable for them.
Note: Risk maybe represented as: Investors understand that their principal will be at
Low risk
(Blue) Medium risk
(Yellow) High risk
(Brown)
20
DEBT SCHEMES
INVESTMENT STYLE
Maturity
Short Medium Long Volatiliy
KOTAK BANKING AND PSU DEBT FUND
Low
Medium
Earlier known as Kotak Mahindra Gilt Savings Scheme - 98 - Savings Plan.
An Open - Ended Debt Scheme
High
(As on April 30, 2015)
Investment Objective
To generate income by predominantly
investing in debt & money market securities
issued by Banks & PSUs and Reverse repos in
such securities, sovereign securities issued
by the Central Government and State
Governments, and / or any security
unconditionally guaranteed by the Govt. of
India.
Inception Date
PORTFOLIO
Issuer/Instrument
Issuer/Instrument
Industry/Rating
Money Market Instruments
IDBI Bank Ltd.
CRISIL A1+
10.71%
Commercial Paper(CP)/Certificate of Deposits(CD)
Andhra Bank
CRISIL A1+
10.54%
Corporate Debt/Financial Institutions
Canara Bank
CRISIL A1+
9.22%
20.20%
Dena Bank
CRISIL A1+
8.34%
CRISIL A1+
0.98%
ICICI Bank Ltd.
Industry/Rating
ICRA A1+
% to Net
Assets
December 29,1998
AXIS Bank Ltd.
CRISIL A1+
13.50%
Punjab & Sind Bank
Fund Managers
ING Vysya Bank Ltd
CRISIL A1+
13.50%
Public Sector Undertakings - Total
Mr. Abhishek Bisen &
Mr. Deepak Agrawal
Corporate Debt/Financial Institutions - Total
47.20%
Net Current Assets/(Liabilities)
Benchmark
Public Sector Undertakings
Crisil Liquid Fund
Central Bank Of India
50.95%
1.85%
Grand Total
CRISIL A1+
% to Net
Assets
100.00%
11.16%
AAUM (` In Crores)
AAUM as on March 31, 2015: `410.91
Average Maturity of the portfolio based on total maturity of fixed rate and immediate reset date of floating rate instruments :
0.49 years.
Available Plans/Options
Kotak Banking And PSU Debt Fund NAV as on March 31, 2015: `31.1110 (Growth Option), `31.2124 (Direct Growth Option),
`10.6964 (Monthly Dividend), `10.9031 (Direct Monthly Dividend), `10.0335 (Daily Dividend Reinvestment), `10.0587 (Direct Daily Dividend
Reinvestment), `15.4858 (Annual Dividend), `16.3620 (Direct Annual)
A) Regular Plan
B) Direct Plan/Options: Dividend Payout,
Dividend Reinvestment & Growth
(applicable for all plans)
Dividend Frequency
Daily, Monthly (12th of every Month)
& Annual
Ratios
$
Standard Deviation: 0.36%,
Modified Duration: 0.49 yrs,
YTM: 8.17%
Source: $ ICRAMFI Explorer. Standard
Deviation is calculated on Annualised basis
using 3 years history of monthly returns.
Minimum Investment Amount
Initial Investment: Dividend Payout,
Dividend Re-investment & Growth `5000 &
above.
Additional Investment: `1000 & in
multiples of `1.
Ideal Investment Horizon: 1-3 months
Load Structure
Entry Load: Nil. (applicable for all plans)
1.85
1.85
Exit Load:
Nil (applicable for all plans) Bonus units and
units issued on reinvestment of dividends
shall not be subject to exit load (applicable
for all plans)
98.15
98.15
Net Current Assets
PRODUCT LABEL
This product is suitable for investors who are seeking*:
•
Income over a short to medium term investment horizon
•
Investment in debt & money market securities of PSUs, Banks & government securities
•
Low risk
(Blue)
* Investors should consult their financial advisors if in doubt about whether the product is suitable for them.
Note: Risk maybe represented as: Investors understand that their principal will be at
Low risk
(Blue)
Medium risk
(Yellow)
High risk
(Brown)
21
DEBT SCHEMES
INVESTMENT STYLE
Maturity
Short Medium Long Volatiliy
KOTAK LOW DURATION FUND
Low
(Formerly known as PineBridge India Short Term Fund)
An Open - Ended Debt Scheme
Medium
High
(As on April 30, 2015)
Investment Objective
The primary objective of the Scheme is to
generate income through investment
primarily in low duration debt & money
market securities. There is no assurance or
guarantee that the investment objective of
the scheme will be achieved.
PORTFOLIO
Issuer/Instrument
Industry/Rating
% to Net
Assets
Issuer/Instrument
Industry/Rating
Debt Instruments
Corporate Debt/Financial Institutions
Debentures and Bonds
AXIS Bank Ltd.
Inception Date
Corporate Debt/Financial Institutions
Corporate Debt/Financial Institutions - Total
March 6, 2008
Hero Realty Ltd
ICRA A+
16.35%
Public Sector Undertakings
Hero FinCorp Ltd.
CRISIL AA+
16.25%
Punjab National Bank
Mr. Abhishek Bisen
Dalmia Bharat Ltd
ICRA AA-
10.87%
Public Sector Undertakings - Total
Benchmark
Corporate Debt/Financial Institutions - Total
43.47%
Collateral Borrowing & Lending obligation
Fund Managers
Mr. Deepak Agrawal &
CRISIL A1+
% to Net
Assets
8.49%
CRISIL A1+
8.49%
5.35%
5.35%
39.92%
CRISIL Liquid Fund
Money Market Instruments
Net Current Assets/(Liabilities)
AAUM as on March 31, 2015: `70.49
Commercial Paper(CP)/Certificate of Deposits(CD)
Grand Total
Available Plans/Options
Average Maturity of the portfolio based on total maturity of fixed rate and immediate reset date of floating rate instruments :
0.45 years
AAUM (` In Crores)
A) Regular B) Direct Plan / Options: Dividend
Payout, Dividend Reinvestment, Growth &
Bonus (dividend payout is available under
monthly dividend only) (applicable for all
plans)
Dividend Frequency
2.77%
100.00%
Kotak Low Duration Fund NAV as on March 31, 2015: `1717.5802 (Retail Plan-Growth Option), `1022.6839 (RetailPlan-Weekly
Dividend),`1019.7863 (Retail Plan-Monthly Dividend), `1671.9544 (Standard Plan-Growth Option), `1015.5088 (Standard Plan-Weekly
Dividend), `1016.5884 (Standard Plan-Monthly Dividend), `1688.1113 (Direct Plan- Growth Option), `1034.7437 (Direct Plan- Weekly
Dividend), `1036.8255 (Direct Plan- Monthly Dividend). `1227.2664 (Direct Plan- Bonus)
Weekly and Monthly
Ratios
$
Standard Deviation: 0.73%,
Modified Duration: 0.41 yrs,
YTM: 8.67%
Source: $ ICRAMFI Explorer. Standard
Deviation is calculated on Annualised basis
using 3 years history of monthly returns.
Minimum Investment Amount
Initial Investment:
Plan A - `5000
and in multiple of `1 for purchase and for
`0.01 for switches
Additional Investment: `1000 & in
multiples of `1 for purchase and for `0.01
for switches.
Ideal Investment Horizon: 1-3 months
Load Structure
Entry Load: Nil.
Exit Load: Nil.
Note: Any exit load charged (net off Service
Tax, if any) shall be credited back to the
Scheme;
Bonus units and units issued on
reinvestment of dividends shall not be
subject to entry and exit load.
SECTOR ALLOCATION (%)
RATING PROFILE
2.77
2.77
13.84
13.84
43.47
39.92
16.35
39.92
27.12
PRODUCT LABEL
This product is suitable for investors who are seeking*:
•
Regular income over short term
•
Income by focusing on low duration securities
•
Low risk
(Blue)
* Investors should consult their financial advisors if in doubt about whether the product is suitable for them.
Note: Risk maybe represented as: Investors understand that their principal will be at
Low risk
(Blue) Medium risk
(Yellow) High risk
(Brown)
22
DEBT SCHEMES
INVESTMENT STYLE
Maturity
Short Medium Long Volatiliy
KOTAK BOND SHORT TERM
Low
Medium
An Open - Ended Debt Scheme
High
(As on April 30, 2015)
Investment Objective
The investment objective of the Scheme is
to provide reasonable returns and high level
of liquidity by investing in debt instruments
s u c h a s b o n d s , d e b e n t u re s a n d
Government securities; and money market
instruments such as treasury
bills,commercial papers, certificates of
deposit, including repos in permitted
securities of different maturities, so as to
spread the risk across different kinds of
issuers in the debt markets. The Scheme
may invest in the call money/termmoney
market in terms of RBI guidelines in this
respect. To reduce the risk of the portfolio,
the Scheme may also use various derivative
and hedging products from time to time, in
the manner permitted by SEBI.Subject to
the maximum amount permitted from time
to time, the Scheme may invest in offshore
securities in the manner allowed by
SEBI/RBI, provided such investments are in
conformity with the investment objective of
the Scheme and the prevailing guidelines
and Regulations.There is no assurance that
the investment objective of the Scheme will
be realised.
PORTFOLIO
Issuer/Instrument
Industry/
Rating
% to Net
Assets
Issuer/Instrument
Industry/
Rating
Debt Instruments
Nabha Power Ltd.
ICRA AAA
7.19%
Debentures and Bonds
Rural Electrification Corporation Ltd.
CRISIL AAA
0.79%
Export-Import Bank of India.
CRISIL AAA
0.10%
Corporate Debt/Financial Institutions
Mandava Holdings Private Limited
National Bank for Agriculture
ICRA AAA
8.65%
and Rural Development
CRISIL AAA
0.05%
Corporation Ltd.
CARE AAA
7.20%
Rural Electrification Corporation Ltd.
CARE AAA
0.01%
Dalmia Bharat Ltd
ICRA AA-
6.07%
Public Sector Undertakings - Total
Kotak Mahindra Prime Ltd.
CRISIL AAA
5.91%
Government Dated Securities
Dewan Housing Finance
20.68%
Talwandi Sabo Power Limited
CRISIL AA+(SO)
3.46%
8.15%
Central Government
SOV
HDB Financial Services Ltd.
CARE AAA
3.26%
1.44%
Central Government
SOV
Reliance Jio Infocomm Limited
CRISIL AAA
2.86%
Government Dated Securities - Total
IOT Utkal Energy Services Ltd.
CRISIL AAA(SO)
2.50%
Money Market Instruments
HDFC Ltd.
CRISIL AAA
2.40%
Commercial Paper(CP)/Certificate of Deposits(CD)
May 2, 2002
Mahindra & Mahindra Financial
Fund Managers
Services Ltd.
ICRA AAA
1.43%
HDFC Ltd.
Mr. Abhishek Bisen &
Shriram City Union Finance Ltd.
CRISIL AA-
0.37%
Corporate Debt/Financial Institutions - Total
ECL Finance Limited
CARE AA
0.29%
Public Sector Undertakings
Benchmark
Crisil Short - Term Bond Fund
AAUM (` In Crores)
AAUM as on March 31, 2015: `1632.6
Available Plans/Options
A) Regular Plan
B) Direct Plan/Options: Dividend Payout,
Dividend Reinvestment & Growth
(applicable for all plans)
Dividend Frequency
Monthly (12th of every Month), Half Yearly
(20th of Mar/Sept)
Ratios
$
Standard Deviation: 0.88%,
Modified Duration: 1.16 yrs,
YTM: 8.42%
$
Source: ICRAMFI Explorer. Standard
Deviation is calculated on Annualised basis
using 3 years history of monthly returns.
6.45%
1.45%
7.90%
Inception Date
Mr. Deepak Agrawal
% to Net
Assets
Corporate Debt/Financial Institutions
ICRA A1+
3.75%
3.75%
Larsen & Toubro Shipbuilding Ltd.
ICRA AAA
0.29%
Andhra Bank
CRISIL A1+
9.90%
Tata Motors Finance Ltd
CRISIL AA
0.29%
Dena Bank
CRISIL A1+
5.11%
Shriram Transport Finance Co Ltd.
CRISIL AA
0.19%
Punjab & Sind Bank
CRISIL A1+
1.61%
IDFC Limited
ICRA AAA
0.06%
Oriental Bank of Commerce
CRISIL A1+
1.42%
CRISIL A1+
Tata Capital Housing Finance Ltd;
CRISIL AA+
0.04%
Bank of Maharashtra
HDB Financial Services Ltd.
CRISIL AAA
0.01%
Public Sector Undertakings - Total
Corporate Debt/Financial Institutions - Total
45.28%
Public Sector Undertakings
Collateral Borrowing & Lending obligation
Net Current Assets/(Liabilities)
Power Finance Corporation Ltd.
CRISIL AAA
12.54%
0.54%
18.58%
0.37%
3.44%
Grand Total
100.00%
Notes
Hedging Positions through swaps as on 30 April 2015 in Underlying 1.44% INFLATION INDEX GS 05/06/2023 of Notional Value `
25,00,00,000.00,
Receive Fixed (Swap maturity 1828 days) & Pay Floating (Daily Reset)
Average Maturity of the portfolio based on total maturity of fixed rate and immediate reset date of floating rate instruments :
2.10 years.
Kotak Bond Short Term Fund NAV as on March 31, 2015: `26.1071 (Growth Option), `26.4017 (Direct Growth Option),
`10.1609 (Dividend), `10.2600 (Direct Dividend), `11.1164 (Half Yearly Dividend), `10.4631 (Direct Half Yearly Dividend)
Minimum Investment Amount
Initial Investment: (i) Dividend Reinvestment & Growth - `5000 & above (ii)
Dividend Payout (Monthly Dividend) `50,000 & above
Additional Investment: `1000 & in
multiples of `1
Ideal Investments Horizon: 6 months &
above
7.90
3.44
3.44 0.37
0.37
10.71
22.33
65.96
85.48
Load Structure
Entry Load: Nil. (applicable for all plans)
Exit Load: (w.e.f. December 11, 2014) I)
For redemptions/ switch outs (including
SIP/STP) within 30 days from the date of
allotment of units, irrespective of the
amount of investment: 0.25% ii) For
redemptions / switch outs (including
SIP/STP) after 30 days from the date of
allotment of units, irrespective of the
amount of investment: NIL iii) Any exit load
charged (net off Service Tax, if any) shall be
credited back to the Scheme. (applicable for
all plans) Bonus units and units issued on
reinvestment of dividends shall not be
subject to exit load (applicable for all plans)
CBLO & Term Deposits & Rev.Repo
AA+, AA+(SO), AA, AACBLO & Term Deposits & Rev.Repo
PRODUCT LABEL
This product is suitable for investors who are seeking*:
•
Income over a medium term horizon
•
Investment in debt & money market securities
•
Low risk (Blue)
* Investors should consult their financial advisors if in doubt about whether the product is suitable for them.
Note: Risk maybe represented as: Investors understand that their principal will be at
Low risk
(Blue)
Medium risk
(Yellow)
High risk
(Brown)
23
DEBT SCHEMES
INVESTMENT STYLE
Maturity
Short Medium Long Volatiliy
KOTAK FLEXI DEBT
Low
Medium
An Open - Ended Debt Scheme
High
(As on April 30, 2015)
Investment Objective
To maximize returns through an active
management of a portfolio of debt and
money market securities.
PORTFOLIO
Issuer/Instrument
Industry/Rating
% to Net
Assets
Issuer/Instrument
Industry/Rating
Debt Instruments
1.44%
SOV
16.42%
Debentures and Bonds
9.2%
SOV
13.28%
Corporate Debt/Financial Institutions
8.83%
SOV
6.33%
Inception Date
Regular Plan- December 6, 2004 Plan A May 26, 2008
Central Government
Central Government
Central Government
% to Net
Assets
Fund Managers
Mr. Deepak Agrawal &
Mr. Abhishek Bisen
Benchmark
CRISIL Composite Bond
AAUM (` In Crores)
Reliance Jio Infocomm Limited
CRISIL AAA
7.47%
Government Dated Securities - Total
Talwandi Sabo Power Limited
CRISIL AA+
1.51%
Collateral Borrowing & Lending obligation
8.98%
Net Current Assets/(Liabilities)
Corporate Debt/Financial Institutions - Total
36.03%
53.64%
Grand Total
Government Dated Securities
1.35%
100.00%
AAUM as on March 31, 2015: `375.37
Available Plans/Options
A) Regular (discontinued for further
subscriptions w.e.f. October 1, 2012) b)
Plan A (Previously known as Institutional
Plan) c) Direct Plan / Options: Dividend
Payout, Dividend Reinvestment, Growth &
Bonus (applicable for all plans)
Dividend Frequency
Daily Dividend Reinvestment, Weekly
Dividend Reinvestment (Every Monday),
Quarterly Dividend Payout and
Reinvestment (20th of March, June,
September and December of every year)
(applicable for all plans)
Ratios
$
Standard Deviation: 1.67%,
Modified Duration: 1.77 yrs,
YTM: 8.80%
Source: $ ICRAMFI Explorer. Standard
Deviation is calculated on Annualised basis
using 3 years history of monthly returns.
Notes
For the month ended 30th April,2015 hedging transactions through futures which have been squared off/expired are as follows;
Total Number of contracts where futures were bought 2500, Gross Notional value of contracts where futures were bought `5228.98 lacs and
Net profit/(loss) value on all these contracts combined `(12.88) lacs
Hedging Positions through swaps as on 30 April 2015 in Underlying 1.44% INFLATION INDEX GS 05/06/2023 of Notional Value `
50,00,00,000.00,
Receive Fixed (Swap maturity 1828 days) & Pay Floating (Daily Reset)
Minimum Investment Amount
Average Maturity of the portfolio based on total maturity of fixed rate and immediate reset date of floating rate instruments :
2.94 years
Initial Investment:
Plan A - `5000
and in multiple of `1 for purchase and for
`0.01 for switches
Kotak Flexi Debt Plan A Fund NAV as on March 31, 2015: `17.4204 (Growth Option), `17.6556 (Direct Growth Option),
`10.3767 (Weekly Dividend), `11.8054 (Direct Weekly Dividend), `10.0475 (Daily Dividend), `10.0475 (Direct Daily Dividend), `11.3596
(Quarterly Dividend), `10.5242 (Direct Quarterly Dividend)
Additional Investment: `1000 & in
multiples of `1
Ideal Investment Horizon: 6 months &
above
SECTOR ALLOCATION (%)
1.35
Load Structure
Exit Load:
1.51
1.35
8.98
Entry Load: Nil. (applicable for all plans)
I) For redemptions/ switch outs (including
SIP/STP) within 180 days from the date of
allotment of units, irrespective of the
amount of investment: 1.00%, ii) For
redemptions/ switch outs (including
SIP/STP) after 180 days from the date of
allotment of units, irrespective of the
amount of investment: NIL, iii) Any exit load
charged (net off Service Tax, if any) shall be
credited back to the Scheme. (applicable for
all plans) Bonus units and units issued on
reinvestment of dividends shall not be
subject to exit load (applicable for all plans)
RATING PROFILE
53.64
36.03
44.9
43.50
53.64
44.90
CBLO & Term Deposits & Rev.Repo
Net Current Assets
Government Dated Securities
Debentures and Bonds
Net Current Assets
AA+
AAA, SOV
CBLO & Term Deposits & Rev.Repo
PRODUCT LABEL
This product is suitable for investors who are seeking*:
•
Income over a medium term investment horizon
•
Investment in debt & money market securities
•
Low risk
(Blue)
* Investors should consult their financial advisors if in doubt about whether the product is suitable for them.
Note: Risk maybe represented as: Investors understand that their principal will be at
Low risk
(Blue) Medium risk
(Yellow) High risk
(Brown)
24
DEBT SCHEMES
INVESTMENT STYLE
Maturity
Short Medium Long Volatiliy
KOTAK INCOME OPPORTUNITIES FUND
Low
Medium
An Open - Ended Debt Scheme
High
(As on April 30, 2015)
Investment Objective
The investment objective of the scheme is
to generate income by investing in debt
/and money market securities across the
yield curve and credit spectrum. The
scheme would also seek to maintain
reasonable liquidity within the fund. There
is no assurance that or guarantee that the
investment objective of the scheme will be
achieved.
Inception Date
May 11, 2010
Fund Managers
PORTFOLIO
Issuer/Instrument
Industry/
Rating
% to Net
Assets
Issuer/Instrument
Industry/
Rating
Debt Instruments
Shriram Transport Finance Co Ltd.
FITCH AA+(IND)
Debentures and Bonds
Corporate Debt/Financial Institutions - Total
CRISIL AA
Adani Power Ltd
BRICKWORK
0.01%
67.20%
Public Sector Undertakings
Corporate Debt/Financial Institutions
DLF Emporio Ltd
% to Net
Assets
8.97%
North Easetern Electric Power
Corpn Ltd.
ICRA AA-
7.68%
BWR AA-
8.83%
Indian Overseas Bank
CARE A+
3.38%
Dalmia Bharat Ltd
ICRA AA-
7.57%
Tamil Nadu Generation & Distribution
Larsen & Toubro Shipbuilding Ltd.
ICRA AAA
2.29%
6.19%
Corporation L
ICRA A-(SO)
Janalakshami Financial Services Pvt Ltd. ICRA A-
5.33%
State Bank Of India.
CRISIL AAA
Gerah Enterprises Private Limited
ICRA A+
4.44%
Public Sector Undertakings - Total
Benchmark
Haldhar Developers Private Limited
ICRA LAA-(SO)
3.73%
Money Market Instruments
Crisil Short Term Bond Fund
Dewan Housing Finance
AAUM (` In Crores)
Corporation Ltd.
CARE AAA
3.55%
Corporate Debt/Financial Institutions
AAUM as on March 31, 2015: `989.47
SBK Properties Pvt Ltd.
ICRA A+
3.25%
HDFC Ltd.
Available Plans/Options
Indostar Capital Finance Private Limited CARE AA-
3.11%
Adani Port and Special Economic
A) Regular Plan
Manappuram Finance Ltd
CRISIL A+
2.23%
Zone Limited
B) Direct Plan/Options: Dividend Payout,
Dividend Reinvestment & Growth
(applicable for all plans)
Hero Realty Ltd
ICRA A+
1.96%
Corporate Debt/Financial Institutions - Total
Shivprasad Realty Pvt Ltd
ICRA AAA
1.79%
Public Sector Undertakings
HPCL Mittal Pipelines Ltd.
ICRA AA-
1.70%
Bank of Maharashtra
CRISIL A1+
6.18%
Dividend Frequency
Peninsula Land Limited
ICRA A
1.64%
Punjab & Sind Bank
CRISIL A1+
3.71%
Weekly (Every Monday), Monthly (12th of
every Month), Quarterly (20th of March /
June / September / December), Annual
(12th of March).
Mandava Holdings Private Limited
ICRA AAA
1.33%
Dena Bank
CRISIL A1+
Talwandi Sabo Power Limited
CRISIL AA+(SO)
1.33%
Public Sector Undertakings - Total
Shriram City Union Finance Ltd.
CRISIL AA-
0.13%
Net Current Assets/(Liabilities)
Ratios
HDB Financial Services Ltd.
CARE AAA
0.11%
Grand Total
Mr. Deepak Agrawal &
Mr. Abhishek Bisen
$
Standard Deviation: 0.83%,
Modified Duration: 1.88 yrs,
YTM: 10.10%
$
Source: ICRAMFI Explorer. Standard
Deviation is calculated on Annualised basis
using 3 years history of monthly returns.s
using 3 years history of monthly returns.
0.02%
13.37%
Commercial Paper(CP)/Certificate of Deposits(CD)
ICRA A1+
2.06%
ICRA A1+
0.18%
2.24%
0.87%
10.76%
6.43%
100.00%
Average Maturity of the portfolio based on total maturity of fixed rate and immediate reset date of floating rate instruments :
2.46 years.
Kotak Income Opportunities Fund NAV as on March 31, 2015: `14.9494 (Growth Option), `15.1288 (Direct Growth Option),
`10.0225 (Weekly Dividend), `10.2290 (Monthly Dividend), `10.3620 (Direct Monthly Dividend), `10.3608 (Quarterly Dividend), `10.1763
(Direct Quarterly Dividend), `10.2018 (Annual Dividend), `11.3630 (Direct Annual).
Minimum Investment Amount
Initial Investment: `5000 and in multiple
of `1 for purchase and for `0.01 for
switches
Additional Investment: `1000 & in
multiples of `1
Ideal Investments Horizon: 1 year &
above
SECTOR ALLOCATION (%)
6.43
6.43
Load Structure
Entry Load: Nil. (applicable for all plans)
Exit Load: I) For redemptions/ switch outs
(including SIP/ STP) within 1 year from the
date of allotment of units,irrespective of the
amount of investment: 2%.
II) For redemptions/ switch outs (including
SIP/ STP) after 1 year from the date of
allotment of units, irrespective of the
amount of investment: Nil.
Note – 1) Any exit load charged (net off
Service Tax, if any) shall be credited back to
the Scheme.
2) Bonus units and units issued on
reinvestment of dividends shall not be
subject to exit load (applicable for all plans)
13.00
14.84
24.52
80.57
80.71
43.06
25.99
Debentures and Bonds
Commercial Paper (CP)/Certificate of Deposits (CD)
Net Current Assets
Net Current Assets
PRODUCT LABEL
This product is suitable for investors who are seeking*:
•
Income over a medium term horizon
•
Investment in debt & money market securities
•
Low risk
(Blue)
* Investors should consult their financial advisors if in doubt about whether the product is suitable for them.
Note: Risk maybe represented as: Investors understand that their principal will be at
Low risk
(Blue)
Medium risk
(Yellow)
High risk
(Brown)
25
DEBT SCHEMES
INVESTMENT STYLE
Maturity
Short Medium Long Volatiliy
KOTAK CORPORATE BOND FUND
Low
Medium
(Formerly known as PineBridge India Total Return Bond Fund)
An Open - Ended Debt Scheme
High
(As on April 30, 2015)
Investment Objective
The primary objective of the Scheme is to
generate income through investment
primarily in low duration debt & money
market securities. There is no assurance or
guarantee that the investment objective of
the scheme will be achieved.
Inception Date
September 21, 2007
Fund Managers
Mr. Deepak Gupta &
Mr. Abhishek Bisen
Benchmark
PORTFOLIO
Issuer/Instrument
Industry/Rating
% to Net
Assets
Issuer/Instrument
Industry/Rating
Debt Instruments
Rural Electrification
Debentures and Bonds
Corporation Ltd.
CRISIL AAA
Corporate Debt / Financial Institutions
Airports Authority of India
CRISIL AAA
Ultratech Cement Ltd.
CRISIL AAA
7.20%
Public Sector Undertakings - Total
Larsen & Toubro Shipbuilding Ltd.CRISIL AAA
7.07%
Money Market Instruments
Tata Capital Financial Services
Limited
Corporate Debt/Financial Institutions - Total
3.94%
18.21%
Public Sector Undertakings
UCO Bank
CRISIL A1+
Public Sector Undertakings - Total
National Bank for Agriculture
Collateral Borrowing & Lending obligation
AAUM as on March 31, 2015: `8.97
and Rural Development
CRISIL AAA
7.88%
Net Current Assets/(Liabilities)
Export-Import Bank of India.
CRISIL AAA
5.89%
Grand Total
Power Finance Corporation Ltd. CRISIL AAA
4.73%
Plans: a) Regular & b) Direct Plan
3.97%
Commercial Paper(CP)/Certificate of Deposits(CD)
CRISIL AA+
AAUM (` In Crores)
Available Plans/Options
3.99%
26.46%
Public Sector Undertakings
CRISIL Composite Bond Fund
% to Net
Assets
3.92%
3.92%
51.09%
0.32%
100.00%
Options: Dividend Payout, Dividend
Reinvestment and Growth (applicable for all
plans)
Average Maturity of the portfolio based on total maturity of fixed rate and immediate reset date of floating rate instruments :
0.55 years
Dividend Frequency
Kotak Corporate Bond Fund NAV as on March 31, 2015: `1812.7553 (Standard Plan-Growth Option), `1054.2152 (Standard Plan-Weekly
Dividend),`1027.6544 (Standard Plan-Monthly Dividend), `1034.5912 (Standard Plan-Quarterly Dividend), `1052.0635 (Standard Plan-Daily
Dividend), `1784.7177 (Retail Plan-Growth Option), `1053.6841 (Retail Plan- Weekly Dividend), `1033.7433 (Retail Plan- Monthly Dividend),
`1052.5752 (Retail Plan-Daily Dividend), `1834.4747 (Direct Plan- Growth Option), `1034.0753 (Direct Plan- Monthly Dividend), `1826.8071
(Institutional Plan-Growth Option)
Monthly and Quarterly
Ratios
$
Standard Deviation: 2.27%,
Modified Duration: 0.47 yrs,
YTM: 8.25%
$
Source: ICRAMFI Explorer.
Standard Deviation is calculated on
Annualised basis using 3 years history of
monthly returns.
Minimum Investment Amount
Initial Investment: `5000 and in multiple
of `1 for purchase and for `0.01 for
switches
Additional Investment: `1000 & in
multiples of `1for purchase and for `0.01
for switches.
Ideal Investment Horizon: 1 Year &
Above
Load Structure
Entry Load: Nil. (applicable for all plans)
Exit Load: 1) For redemptions / switch outs
(including SIP/STP) within 1 year from the
date of allotment of units, irrespective of
the amount of investment – 2.00%; 2) For
redemptions / switch outs (including
SIP/STP) after 1 year from the date of
allotment of units, irrespective of the
amount of investment – Nil
3.92 0.32
44.67
3.94 0.32
51.09
44.65
51.09
PRODUCT LABEL
This product is suitable for investors who are seeking*:
•
Regular income over short term
•
Income by investing in fixed income securities of varying maturities & credit
•
Low risk
(Blue)
* Investors should consult their financial advisors if in doubt about whether the product is suitable for them.
Note: Risk maybe represented as: Investors understand that their principal will be at
Low risk
(Blue) Medium risk
(Yellow) High risk
(Brown)
26
DEBT SCHEMES
INVESTMENT STYLE
Maturity
Short Medium Long Volatiliy
KOTAK MEDIUM TERM FUND
Low
Medium
An Open - Ended Debt Scheme
High
(As on April 30, 2015)
Investment Objective
The investment objective of the scheme is
to generate regular income and capital
appreciation by investing in a portfolio of
medium term debt and money market
instruments. There is no assurance or
guarantee that the investment objective of
the scheme will be achieved.
Inception Date
March 28, 2014
Fund Managers
Mr. Deepak Agrawal &
Mr. Abhishek Bisen
Benchmark
CRISIL Composite Bond Fund
AAUM (` In Crores)
AAUM as on March 31, 2015: `617.32
Available Plans/Options
A) Regular Plan
B) Direct Plan/Options: Dividend Payout,
Dividend Reinvestment & Growth
(applicable for all plans)
Dividend Frequency
Quarterly (20th of March / June /
September / December), Annually (12th of
March)
PORTFOLIO
Issuer/Instrument
Industry/Rating
Debt Instruments
Debentures and Bonds
Corporate Debt/Financial Institutions
SBK Properties Pvt Ltd.
ICRA A+
Haldhar Developers Private
Limited
ICRA LAA-(SO)
Adani Power Ltd
BRICKWORK BWR AAReliance Jio Infocomm Limited CRISIL AAA
Dalmia Bharat Ltd
ICRA AAGerah Enterprises Private Limited ICRA A+
Janalakshami Financial
Services Pvt Ltd.
ICRA APeninsula Land Limited
ICRA A
Dewan Housing Finance
Corporation Ltd.
CARE AAA
Tata Power Company Ltd.
CRISIL AAShriram City Union Finance Ltd. CRISIL AAManappuram Finance Ltd
CRISIL A+
Shivprasad Realty Pvt Ltd
ICRA AAA
Hero Realty Ltd
ICRA A+
Lands End Properties Private
Limited
CARE AA+(SO)
HPCL Mittal Energy Ltd.
ICRA AATalwandi Sabo Power Limited
CRISIL AA+(SO)
IOT Utkal Energy Services Ltd.
CRISIL AAA(SO)
Mandava Holdings Private
Limited
ICRA AAA
% to Net
Assets
10.33%
6.79%
6.25%
5.71%
5.67%
5.03%
5.03%
4.75%
4.40%
4.25%
3.40%
3.16%
2.79%
2.53%
2.33%
2.15%
1.89%
1.33%
1.26%
Issuer/Instrument
Industry/Rating
% to Net
Assets
Larsen & Toubro Shipbuilding
Ltd.
CRISIL AAA
1.25%
HDB Financial Services Ltd.
CRISIL AAA
0.83%
India Infoline Finance Limited CARE AA
0.39%
LIC Housing Finance Ltd.
CRISIL AAA
0.37%
ECL Finance Limited
CARE AA
0.21%
Tata Motors Ltd.
CARE AA
0.13%
IOT Utkal Energy Services Ltd.
CRISIL AAA
0.03%
Corporate Debt/Financial Institutions - Total
82.26%
Public Sector Undertakings
Power Finance Corporation Ltd. CRISIL AAA
3.40%
Bank of India
BRICKWORK BWR AAA 3.38%
Rural Electrification Corporation
Ltd.
CRISIL AAA
0.04%
Public Sector Undertakings - Total
6.82%
Government Dated Securities
1.44% Central Government SOV
3.17%
Government Dated Securities - Total
3.17%
Money Market Instruments
Commercial Paper(CP)/Certificate of Deposits(CD)
Corporate Debt/Financial Institutions
AXIS Bank Ltd.
CRISIL A1+
4.93%
Corporate Debt/Financial Institutions - Total
4.93%
Collateral Borrowing & Lending obligation
0.59%
Net Current Assets/(Liabilities)
2.23%
Grand Total
100%
Ratios
$
Standard Deviation: 1.18%,
Modified Duration: 1.95 yrs,
YTM: 10.18%
Notes
Hedging Positions through swaps as on 30 April 2015 in Underlying 1.44% INFLATION INDEX GS 05/06/2023 of Notional Value
`25,00,00,000.00,
Receive Fixed (Swap maturity 1828 days) & Pay Floating (Daily Reset)
$
Source: ICRAMFI Explorer. Standard
Deviation is calculated on Annualised basis
using 3 years history of monthly returns.
Minimum Investment Amount
Initial Purchase: `5,000/- and in multiples
of 1 for purchases and for `0.01 for
switches.
Additional Purchase: ` 1000 & in
multiples of `1.for purchases and for `0.01
for switches.
Average Maturity of the portfolio based on total maturity of fixed rate and immediate reset date of floating rate instruments :
2.56 years
Kotak Medium Term Fund NAV as on March 31, 2015: `11.2319 (Growth Option), `11.2883 (Direct Growth Option),
`10.2397 (Quarterly Dividend), `10.2417 (Direct Quarterly Dividend), `10.2460 (Annual Dividend), `11.2882 (Direct Annual).
Ideal Investment Horizon: 2.5 years &
above
RATING PROFILE
Load Structure
Entry Load: Nil. (applicable for all plans)
Exit Load:
4.93
3.17
2.23
2.23
0.59
ii) For exit after 18 months from the date of
allotment of units: Nil (applicable for all
plans)
Any exit load charged (net off Service Tax, if
any) shall be credited back to the Scheme.
Bonus units and units issued
on reinvestment of dividends shall not be
subject to entry and exit load.
33.46
30.83
i) For exit on or within 18 months from date
of allotment of units: 2%,
Note:
0.59
89.08
32.89
Debentures and Bonds
Net Current Assets
Commercial Paper (CP)/Certificate of Deposits (CD)
Government Dated Securities
CBLO & Term Deposits & Rev.Repo
A+, A, AAA+(SO), AA, BWR AA-, AA-, LAA-(SO)
BWR AAA, AAA, A1+, AAA, AAA(SO), AAA, SOV
CBLO & Term Deposits & Rev.Repo
Net Current Assets
PRODUCT LABEL
This product is suitable for investors who are seeking*:
•
Income over a medium term investment horizon
•
Investment in debt, government securities & money market instruments with a portfolio weighted average maturity between 3-7 years
•
Low risk
(Blue)
* Investors should consult their financial advisors if in doubt about whether the product is suitable for them.
Note: Risk maybe represented as: Investors understand that their principal will be at
Low risk
(Blue) Medium risk
(Yellow) High risk
(Brown)
27
DEBT SCHEMES
INVESTMENT STYLE
Maturity
Short Medium Long Volatiliy
KOTAK BOND
Low
Medium
An Open - Ended Debt Scheme
High
(As on April 30, 2015)
Investment Objective
To create a portfolio of debt and money
market instruments of different maturities
so as to spread the risk across a wide
maturity horizon & different kinds of issuers
in the debt market.
Inception Date
PORTFOLIO
Issuer/Instrument
Industry/
Rating
% to Net
Assets
Issuer/Instrument
Industry/
Rating
Debt Instruments
Public Sector Undertakings - Total
Debentures and Bonds
Government Dated Securities
% to Net
Assets
4.25%
9.2%
Central Government
SOV
24.20%
HPCL Mittal Pipelines Ltd.
ICRA AA-
3.78%
8.3%
Central Government
SOV
16.51%
HPCL Mittal Energy Ltd.
ICRA AA-
2.94%
9.23%
Central Government
SOV
15.16%
Mr. Abhishek Bisen &
Reliance Jio Infocomm Limited
CRISIL AAA
1.93%
8.32%
Central Government
SOV
8.85%
Mr. Deepak Agrawal
8.83%
Central Government
SOV
7.96%
Benchmark
Reliance Utilities And Power Private
Limited
CRISIL AAA
1.37%
8.15%
Central Government
SOV
5.36%
Crisil Composite Bond Fund
India InfraDebt Ltd
CRISIL AAA
0.46%
1.44%
Central Government
SOV
3.78%
IOT Utkal Energy Services Ltd.
CRISIL AAA(SO)
0.30%
8.17%
Central Government
SOV
1.38%
Tata Motors Finance Ltd
CRISIL AA
0.13%
8.12%
Central Government
SOV
0.04%
Reliance Ports And Terminals Limited
CRISIL AAA
0.05%
8.75%
State Government
SOV
0.03%
State Government
SOV
November 25, 1999
Fund Managers
AAUM (` In Crores)
AAUM as on March 31, 2015: `4945.71
Available Plans/Options
A) Deposit (discontinued for further
subscriptions w.e.f. October 1, 2012)
B) Plan A (Previously known as Regular Plan)
C) Direct Plan / Options: Dividend Payout,
Dividend Reinvestment, Growth & Bonus
applicable for all plans)
Corporate Debt/Financial Institutions
LIC Housing Finance Ltd.
CRISIL AAA
0.03%
8.77%
HDFC Ltd.
CRISIL AAA
0.02%
Government Dated Securities - Total
Ultratech Cement Ltd.
CRISIL AAA
0.02%
Money Market Instruments
Corporate Debt/Financial Institutions - Total
Public Sector Undertakings
Ratios
$
Standard Deviation: 3.79%
Commercial Paper(CP)/Certificate of Deposits(CD)
Public Sector Undertakings
Bank of India
BRICKWORK
BWR AAA
2.63%
Tamil Nadu Generation & Distribution
Corporation L
ICRA A-(SO)
IDBI Bank Ltd.
Dividend Frequency
Quarterly (20th of Mar/Jun/Sep/Dec), Half
Yearly (20th of Mar/Sept), Annual (12th of
Mar) (applicable for all plans)
11.03%
0.02%
83.29%
Dena Bank
CRISIL A1+
0.66%
Public Sector Undertakings - Total
0.66%
1.18%
Collateral Borrowing & Lending obligation
0.23%
CRISIL AA-
0.32%
Net Current Assets/(Liabilities)
0.54%
PNB Housing Finance Ltd.
CRISIL AA+
0.10%
Grand Total
100%
Steel Authority of India Ltd.
CARE AAA
0.02%
Modified Duration: 8.04 yrs
YTM: 7.94%
$
Source: ICRAMFI Explorer. Standard
Deviation is calculated on Annualised basis
using 3 years history of monthly returns.
Minimum Investment Amount
Average Maturity of the portfolio based on total maturity of fixed rate and immediate reset date of floating rate instruments :
16.75 years.
Kotak Bond Plan A Fund NAV as on March 31, 2015: `39.9233 (Growth Option), `40.5209 (Direct Growth Option),
`10.9272 (Quarterly Dividend), `11.7888 (Direct Quarterly Dividend), `24.4634 (Annual Dividend), `21.1734 (Direct Annual Dividend),
`26.6128 (Plan A-Bonus Plan), `22.7736 (Plan A-Bonus Plan - Direct), `40.5208 (Bond Plan A-Direct HF dividend)
Initial Investment: Plan A `5000 and in
multiple of `1 for purchase and for `0.01
for switches
Additional Investment: `1000 & in
multiples of `1
Ideal Investments Horizon: 1 year &
above
Load Structure
Entry Load: Nil. (applicable for all plans)
Exit Load: Nil. Bonus units and units issued
on reinvestment of dividends shall not be
subject to exit load (applicable for all plans)
SECTOR ALLOCATION (%)
0.66 0.54
0.23
7.27
1.18 0.54
0.23
15.28
83.29
90.78
PRODUCT LABEL
This product is suitable for investors who are seeking*:
•
Income over long term investment horizon
•
Investment in debt & money market securities
•
Low risk
(Blue)
* Investors should consult their financial advisors if in doubt about whether the product is suitable for them.
Note: Risk maybe represented as: Investors understand that their principal will be at
Low risk
(Blue)
Medium risk
(Yellow)
High risk
(Brown)
28
DEBT SCHEMES
INVESTMENT STYLE
Maturity
Short Medium Long Volatiliy
KOTAK GILT INVESTMENT
Low
Medium
An Open - Ended Dedicated Gilt Unit Scheme
High
(As on April 30, 2015)
Investment Objective
To generate risk-free returns through
investments in sovereign securities issued
by the Central and /or State Government(s)
and/ or reverse repos in such securities.
PORTFOLIO
Issuer/Instrument
Industry/
Rating
% to Net
Assets
Government Dated Securities
Issuer/Instrument
Industry/
Rating
% to Net
Assets
1.44%
Central Government
SOV
2.03%
Central Government
SOV
0.21%
Inception Date
Regular Plan - December 29, 1998;
9.2%
Central Government
SOV
28.06%
8.33%
PF & Trust Plan - November 11, 2003
8.3%
Central Government
SOV
26.39%
Government Dated Securities - Total
97.82%
Fund Managers
Mr. Abhishek Bisen &
8.15%
Central Government
SOV
25.85%
Collateral Borrowing & Lending obligation
0.09%
Mr. Deepak Agrawal
9.23%
Central Government
SOV
11.71%
Net Current Assets/(Liabilities)
2.09%
8.32%
Central Government
SOV
3.57%
Grand Total
100%
Benchmark
ISEC Composite
AAUM (` In Crores)
AAUM as on March 31, 2015: `665.39
Available Plans/Options
Plans- A) Regular Non Direct Plan,
B) PF & Trust Non Direct Plan,
Average Maturity of the portfolio based on total maturity of fixed rate and immediate reset date of floating rate instruments :
18.22 years.
Kotak Gilt Investment Fund NAV as on March 31, 2015: `47.8232 (Regular-Growth), `48.6805 (Regular-Growth-Direct),
`12.2096 (Regular-Dividend), `12.7821 (Regular-Dividend-Direct), `48.8704 (PF & Trust-Growth), `49.7070 (PF & Trust-Growth Direct),
`11.6609 (PF & Trust-Dividend)
C) Regular Direct Plan, D) PF & Trust Direct
Plan/
Options: Dividend Payout, Dividend
Reinvestment & Growth (applicable for all
plans)
Dividend Frequency
Quarterly (20th of Mar/Jun/Sep/Dec)
Ratios
$
Standard Deviation: A) Regular Plan:
4.16%, B) PF & Trust Plan: 4.18%,
Modified Duration: 8.62 yrs,
YTM: 7.63%
$
Source: ICRAMFI Explorer. Standard
Deviation is calculated on Annualised basis
using 3 years history of monthly returns.
Minimum Investment Amount
Initial Investment: `5000 and in multiple
of `1 for purchase and for `0.01 for
switches
Additional Investment: `1000 & in
multiples of `1
Ideal Investments Horizon: 1 year &
above
Load Structure
SECTOR
SECTOR ALLOCATION
ALLOCATION(%)
(%)
2.09
0.09
2.09
Entry Load: (a) Regular Plan - Entry: Nil. (b)
PF & Trust Plan - Entry: Nil. (applicable for all
plans)
Exit Load: (a) Regular Plan - Exit: Nil. (b)
PF&Trust Plan - Exit: Nil. (applicable for all
plans) Bonus units and units issued on
reinvestment of dividends shall not be
subject to exit load (applicable for all plans)
97.82
95.89
Government Dated Securities
0.09
97.82
Net Current Assets
CBLO & Term Deposits & Rev.Repo
PRODUCT LABEL
This product is suitable for investors who are seeking*:
•
Income over a long investment horizon
•
Investments in sovereign securities issued by the Central and/or State Government(s) and / or reverse repos in such securities.
•
Low risk
(Blue)
* Investors should consult their financial advisors if in doubt about whether the product is suitable for them.
Note: Risk maybe represented as: Investors understand that their principal will be at
Low risk
(Blue)
Medium risk
(Yellow)
High risk
(Brown)
23
29
DEBT SCHEMES
INVESTMENT STYLE
Style
KOTAK MONTHLY INCOME
PLAN
Value
Maturity
Blend Growth Size
An Open Ended Income Scheme. Monthly Income is not assured
& is subject to availability of distributable surplus
(As on April 30, 2015)
Investment Objective
Issuer/Instrument
Inception Date
Equity & Equity related (Listed/Awaiting listing on Stock Exchange)
Fund Managers
Mr. Pankaj Tibrewal &
Mr. Abhishek Bisen
Benchmark
CRISIL MIP Blended
AAUM (` In Crores)
AAUM as on March 31, 2015: `118.64
Available Plans/Options
A) Regular Plan
B) Direct Plan/Options: Dividend Payout,
Dividend Reinvestment & Growth
(applicable for all plans)
Dividend Frequency
Monthly (12th of every Month) Quarterly
(20th of Mar/Jun/Sep/Dec)
Ratios
$
Standard Deviation: 4.19%,
Modified Duration: 5.07 yrs,
YTM: 8.42%
$
Source: ICRAMFI Explorer. Standard
Deviation is calculated on Annualised basis
using 3 years history of monthly returns.
Minimum Investment Amount
Initial Investment: (i) Dividend Reinvestment & Growth and Dividend Payout
(Quarterly) - `5000 & above (ii) Dividend
Payout (Monthly) - `50,000 & above
Additional Investment: ` 1000 & in
multiples of `1
Ideal Investments Horizon - 1 year & above
Load Structure
Entry Load: Nil. (applicable for all plans)
Exit Load: (w.e.f January 01, 2015) 1) For
redemptions / switch outs (including
SIP/STP) within 3 years from the date of
allotment of units, irrespective of the
amount of investment:1% 2) For
redemptions / switch outs (including
SIP/STP) after 3 years from the date of
allotment of units, irrespective of the
amount of investment: NIL
Any exit load charged (net off Service Tax, if
any) shall be credited back to the Scheme.
(applicable for all plans) Bonus
units and units issued on reinvestment of
dividends shall not be subject to exit load
(applicable for all plans)
Large
Low
Mid
Medium
Small
High
PORTFOLIO
To enhance returns over a portfolio of Debt
Instruments with a moderate exposure in
Equity and Equity related Instruments.
December 02, 2003
Short Medium Long Volatility
Industry/
Rating
% to Net
Assets
ICICI Bank Ltd.
Banks
HDFC Bank Ltd.
Banks
Infosys Ltd.
Software
Larsen And Toubro Ltd.
Construction Project
State Bank Of India
Banks
Maruti Suzuki India Limited
Auto
Techno Electric & Engineering Co Ltd. Construction Project
Ultratech Cement Ltd.
Cement
Axis Bank Ltd
Banks
ITC Ltd.
Consumer Non
Durables
IndusInd Bank Ltd.
Banks
Shriram Transport Finance Co Ltd.
Finance
Tata Motors Ltd.
Auto
Whirlpool of India Ltd.
Consumer Durables
Tata Consultancy Services Ltd.
Software
Wipro Ltd.
Software
JK Cement Ltd.
Cement
Shree Cement Ltd.
Cement
Finolex Cables Ltd.
Industrial Products
Reliance Industries Ltd.
Petroleum Products
Bharti Airtel Ltd.
Telecom - Services
Lupin Ltd.
Pharmaceuticals
Yes Bank Ltd
Banks
Colgate Palmolive (India ) Ltd.
Consumer Non
Durables
HSIL Ltd.
Consumer Durables
Supreme Industries Limited
Industrial Products
Atul Ltd.
Chemicals
Hindustan Petroleum Corporation
Ltd
Petroleum Products
Hero MotoCorp Ltd.
Auto
Federal Bank Ltd.
Banks
HCL Technologies Ltd.
Software
Bank Of Baroda
Banks
Jubilant Foodworks Limited
Consumer Non
Durables
Asian Paints Ltd.
Consumer Non
Durables
1.01%
0.95%
0.93%
0.82%
0.80%
0.79%
0.76%
0.75%
0.72%
0.71%
0.58%
0.54%
0.54%
0.54%
0.51%
0.49%
0.47%
0.46%
0.45%
0.45%
0.42%
0.42%
0.40%
0.39%
0.38%
0.38%
0.37%
0.37%
0.36%
0.32%
0.31%
0.29%
0.28%
0.27%
Issuer/Instrument
Industry/
Rating
Sun Pharmaceuticals Industries Ltd. Pharmaceuticals
SRF Ltd.
Textile Products
Oil & Natural Gas Corporation Ltd. Oil
Tech Mahindra Ltd.
Software
VRL Logistics Ltd.
Transportation
Punjab National Bank
Banks
Strides Arcolab Ltd.
Pharmaceuticals
Info Edge (India) Ltd.
Software
D-Link (India) Ltd
Hardware
Listed/Awaiting Listing on Stock Exchange - Total
Debt Instruments
Debentures and Bonds
Corporate Debt/Financial Institutions
IOT Utkal Energy Services Ltd.
CRISIL AAA
Inox Air Products Ltd.
CRISIL AA
ECL Finance Limited
CARE AA
Corporate Debt/Financial Institutions - Total
Public Sector Undertakings
Indian Overseas Bank
CARE A+
Power Grid Corporation of India Ltd. CRISIL AAA
Public Sector Undertakings - Total
Government Dated Securities
8.83% Central Government
SOV
9.23% Central Government
SOV
8.15% Central Government
SOV
9.2% Central Government
SOV
Government Dated Securities - Total
Money Market Instruments
Commercial Paper(CP)/Certificate of Deposits(CD)
Corporate Debt/Financial Institutions
AXIS Bank Ltd.
CRISIL A1+
Corporate Debt/Financial Institutions - Total
TERM DEPOSITS
Standard Chartered Bank Ltd
Term Deposits - Total
Collateral Borrowing & Lending obligation
Net Current Assets/(Liabilities)
Grand Total
% to Net
Assets
0.26%
0.23%
0.21%
0.20%
0.20%
0.16%
0.12%
0.10%
0.05%
19.76%
8.39%
0.80%
0.40%
9.59%
7.09%
0.02%
7.11%
29.15%
13.52%
8.05%
7%
57.72%
6.98%
6.98%
0.02%
0.02%
3.15%
-4.33%
100%
Average Maturity of the portfolio based on total maturity of fixed rate and immediate reset date of floating rate instruments :
9.86 years.
Kotak Monthly Income Plan Fund NAV as on March 31, 2015: `23.3262 (Growth Option), `23.6866 (Direct Growth Option),
`12.4545 (Monthly Dividend), `12.5782 (Direct Monthly Dividend), `13.0835 (Quarterly Dividend), `13.3283 (Direct Quarterly Dividend)
SECTOR ALLOCATION (%)
6.98
3.17
16.70
RATING PROFILE
-4.33
3.17
7.09
1.20
-4.33
19.76
57.72
73.11
19.76
A1+, AAA, SOV
Commercial Paper (CP)/Certificate of Deposits (CD)
AA
PRODUCT LABEL
This product is suitable for investors who are seeking*:
•
Income & capital growth over a long term horizon
•
Investment in a portfolio of debt instruments with a moderate exposure in equity & equity related Instruments.
•
Medium risk (Yellow)
* Investors should consult their financial advisors if in doubt about whether the product is suitable for them.
Note: Risk maybe represented as: Investors understand that their principal will be at
Low risk
(Blue) Medium risk
(Yellow)
High risk
(Brown)
30
DEBT SCHEMES
INVESTMENT STYLE
Style
KOTAK MULTI ASSET
ALLOCATION FUND
Value
Maturity
Blend Growth Size
An Open - Ended Debt Scheme
(As on April 30, 2015)
Investment Objective
The investment objective of the scheme is
to generate income by investing
predominantly in debt and money market
securities, to generate growth by taking
moderate exposure to equity and equity
re l a t e d i n s t r u m e n t s a n d p ro v i d e
diversification by investing in Gold ETFs.
Inception Date
January 21, 2011
Fund Managers
Mr. Deepak Gupta
(w.e.f September 10, 2013)
and Mr. Abhishek Bisen
Benchmark
75% CRISIL Short Term Bond Fund,
15% CNX Nifty and 10% Price of Gold.
AAUM (` In Crores)
AAUM as on March 31, 2015: `45.41
Available Plans/Options
A) Regular Plan
B) Direct Plan / Options: Dividend Payout,
Dividend Reinvestment & Growth
(applicable for all plans))
Dividend Frequency
Monthly (12th of Every Month), Quarterly
(20th of Mar/Jun/Sep/Dec), Annual (12th of
March)
Ratios
$
Standard Deviation: 3.35%,
Modified Duration: 3.04 yrs,
YTM: 8.18%
Source: $ ICRAMFI Explorer. Standard
Deviation is calculated on Annualised basis
using 3 years history of monthly returns.
Minimum Investment Amount
Initial Investment: ` 10000 and in
multiple of `1 for purchase and for `0.01
for switches
Additional Investment: `1000 & in
multiples of `1
Ideal Investments Horizon: 1 year &
above
Load Structure
Short Medium Long Volatility
Large
Low
Mid
Medium
Small
High
PORTFOLIO
Issuer/Instrument
Industry/
Rating
% to Net
Assets
Equity & Equity related (Listed/Awaiting listing on Stock
Exchange)
Infosys Ltd.
Software
1.23%
Axis Bank Ltd
Banks
1.16%
IndusInd Bank Ltd.
Banks
1.04%
Maruti Suzuki India Limited
Auto
1.01%
ICICI Bank Ltd.
Banks
0.86%
HDFC Ltd.
Finance
0.83%
Hindustan Unilever Ltd.
Consumer Non Durables
0.75%
HCL Technologies Ltd.
Software
0.74%
Larsen And Toubro Ltd.
Construction Project
0.73%
Lupin Ltd.
Pharmaceuticals
0.72%
Sun Pharmaceuticals Industries
Ltd.
Pharmaceuticals
0.70%
Tata Motors Ltd.
Auto
0.70%
HDFC Bank Ltd.
Banks
0.69%
Tech Mahindra Ltd.
Software
0.66%
Reliance Industries Ltd.
Petroleum Products
0.40%
Asian Paints Ltd.
Consumer Non Durables
0.39%
Britannia Industries Ltd.
Consumer Non Durables
0.39%
Oil & Natural Gas Corporation
Ltd.
Oil
0.37%
Bharat Forge Ltd.
Industrial Products
0.34%
Eicher Motors Ltd
Auto
0.34%
Bharat Electronics Ltd
Industrial Capital Goods
0.33%
Motherson Sumi Systems Ltd. Auto Ancillaries
0.33%
State Bank Of India
Banks
0.33%
National Buildings Construction
Corporation Limited
Construction
0.32%
Ashok Leyland Ltd.
Auto
0.26%
VRL Logistics Ltd.
Transportation
0.26%
UPL Ltd
Pesticides
0.25%
Bosch Limited
Auto Ancillaries
0.23%
IRB Infrastructure
Developers Ltd
Construction
0.22%
Cipla Ltd.
Pharmaceuticals
0.21%
Yes Bank Ltd
Banks
0.20%
Dr Reddys Laboratories Ltd
Pharmaceuticals
0.19%
Zee Entertainment Enterprises
Ltd
Media and Entertainment
0.17%
Shriram Transport Finance Co
Ltd.
Finance
0.16%
Bharat Petroleum Corporation
Ltd.
Petroleum Products
0.15%
LIC Housing Finance Ltd.
Finance
0.12%
TVS Motors Company Ltd
Auto
0.12%
Siemens Ltd.
Industrial Capital Goods
0.11%
Aurobindo Pharma Ltd.
Pharmaceuticals
0.10%
INOX WIND LIMITED
Power
0.10%
ITC Ltd.
Consumer Non Durables
0.10%
Issuer/Instrument
Industry/
Rating
JSW Energy Ltd.
Power
Punjab National Bank
Banks
Havells India Ltd.
Consumer Durables
Tata Consultancy Services Ltd. Software
Ambuja Cements Ltd
Cement
Cairn India Limited
Oil
Canara Bank
Banks
Cummins India Ltd.
Industrial Products
Hindustan Petroleum
Corporation Ltd
Petroleum Products
Tata Steel Limited.
Ferrous Metals
Wipro Ltd.
Software
IDFC Limited
Finance
Ultratech Cement Ltd.
Cement
Listed/Awaiting Listing on Stock Exchange - Total
Mutual Fund Units
Kotak Mutual Fund - Kotak
Gold ETF
Mutual Fund Units
Mutual Fund Units - Total
Futures
CNX NIFTY-MAY2015
Futures (Market value represents
Notional Value) - Total
Debt Instruments
Debentures and Bonds
Corporate Debt/Financial Institutions
Hindalco Industries Ltd.
CRISIL AA+
Fullerton India Credit Co. Ltd. ICRA AA+
Corporate Debt/Financial Institutions - Total
Public Sector Undertakings
Power Finance Corporation Ltd. CRISIL AAA
Public Sector Undertakings - Total
Government Dated Securities
8.83% Central Government
SOV
8.15% Central Government
SOV
9.2% Central Government
SOV
Government Dated Securities - Total
Money Market Instruments
Commercial Paper(CP)/Certificate of Deposits(CD)
Corporate Debt/Financial Institutions
AXIS Bank Ltd.
CRISIL A1+
Corporate Debt/Financial Institutions - Total
TERM DEPOSITS
Kotak Mahindra Bank Ltd.
Standard Chartered Bank Ltd
Term Deposits - Total
Collateral Borrowing & Lending obligation
Net Current Assets/(Liabilities)
Grand Total
% to Net
Assets
0.09%
0.04%
0.03%
0.03%
0.02%
0.02%
0.02%
0.02%
0.02%
0.02%
0.02%
0.01%
0.01%
18.66%
6.36%
6.36%
-0.56%
-0.56%
1.86%
0.46%
2.32%
13.90%
13.90%
24.00%
11.60%
5.04%
40.64%
8.94%
8.94%
2.27%
0.02%
2.29%
15.33%
-7.88%
100%
Average Maturity of the portfolio based on total maturity of fixed rate and immediate reset date of floating rate instruments :
4.67 years.
Kotak Multi Asset Allocation Fund NAV as on March 31, 2015: `14.3105 (Growth Option), `14.4622 (Direct Growth Option),
`12.1201 (Monthly Dividend), `12.1987 (Direct Monthly Dividend), `11.9647 (Quarterly Dividend), `12.0369 (Direct Quarterly Dividend),
SECTOR
ALLOCATION
(%)
RATING PROFILE
Dividend),
`11.2651 (Annual
`11.9142 (Direct Annual)
Entry Load: Nil. (applicable for all plans)
Exit Load: i) For exit within 1 year from the
date of allotment of units: 1%. ii) For exit
after 1 year from the date of allotment
of units: Nil. iii) Any exit load charged (net
off Service Tax, if any) shall be credited back
to the Scheme.
(applicable for all plans) Bonus units and
units issued on reinvestment of dividends
shall not be subject to exit load
(applicable for all plans)
6.36
-0.56 -7.88
6.36
8.94
40.64
17.62
16.22
17.62
2.32 -0.56
-7.88
63.48
18.66
18.66
Commercial Paper (CP)/Certificate of Deposits (CD)
Mutual Fund Units
Derivatives
Net Current Assets
A1+, AAA, SOV
AA+
Derivatives
PRODUCT LABEL
This product is suitable for investors who are seeking*:
•
Income & capital growth over a long term horizon
•
Investment in a portfolio of debt instruments with a moderate exposure in equity & equity related instruments and provides
diversification by investing in Gold ETFs
•
Medium risk (Yellow)
* Investors should consult their financial advisors if in doubt about whether the product is suitable for them.
Note: Risk maybe represented as: Investors understand that their principal will be at
Low risk
(Blue)
Medium risk
(Yellow)
High risk
(Brown)
31
FUND OF FUNDS
INVESTMENT STYLE
Style
Value
Maturity
Blend Growth Size
Short Medium Long Volatility
KOTAK ASSET ALLOCATOR FUND
Large
Low
An Open – Ended Fund of Funds Scheme
(Earlier known as Kotak Equity FOF Scheme)
Mid
Medium
Small
High
(As on April 30, 2015)
Investment Objective
The investment objective of the scheme is
to generate long-term capital appreciation
from a portfolio created by investing in
specified open-ended equity, and debt
schemes of Kotak Mahindra Mutual Fund.
However, there is no assurance that the
investment objective of the Scheme will be
realized.
PORTFOLIO
Issuer/Instrument
Industry/Rating
% to Net
Assets
Issuer/Instrument
Industry/Rating
Equity & Equity related (Listed/Awaiting listing on Stock
Exchange)
Kotak Select Focus Fund
Direct Growth
Equity Scheme
Mutual Fund Units
Mutual Fund Units - Total
Kotak Liquid Plan A
Debt Scheme
50.98%
Net Current Assets/(Liabilities)
Inception Date
Kotak Mahindra Bond Plan
Debt Scheme
19.27%
Grand Total
August 9, 2004
Kotak Floater Long Term
Direct Growth
Debt Scheme
17.86%
Fund Manager
% to Net
Assets
11.12%
99.23%
0.77%
100.00%
Mr. Deepak Gupta
Benchmark
Crisil Balanced Fund
AAUM (` In Crores)
AAUM as on March 31, 2015: `27.00
Available Plans/Options
A) Regular Plan
B) Regular Plan / Options: Dividend Payout,
Dividend Reinvestment & Growth
(applicable for all plans)
Dividend Frequency
Trustee’s Discretion
Minimum Investment Amount
Initial Investment: `5000 and in multiple
of `1 for purchase and for `0.01 for
switches
Additional Investment: `1000 & in
multiples of `1
Ideal Investments Horizon: 3 years &
above
Load Structure
Entry Load: Nil. (applicable for all plans)
Exit Load:
I) 1% if exit before 1 year from date of
allotment.
II) Nil if exit after 1 year from the date of
allotment.
Ÿ
Exit Load shall be applicable incase
of switch from Regular Plan (where
broker code is mentioned) to Direct
Plan
Ÿ
Exit Load shall not be applicable:
Ÿ
Incase of switch from Regular Plan
(where no broker code is
mentioned) to Direct Plan
Ÿ
In case of switch from Direct Plan to
Regular Plan.
III) Any exit load charged (net off Service Tax,
if any) shall be credited back to the Scheme
(applicable for all plans). Bonus units and
units issued on reinvestment of dividends
shall not be subject to entry and exit load.
(applicable for all plans)
Kotak Asset Allocator Fund NAV as on March 31, 2015: `57.269 (Dividend Option), `57.871 (Direct Dividend Option), `58.833
(Growth Option), `58.925 (Direct Growth Option)
SECTOR ALLOCATION (%)
PRODUCT LABEL
0.77
This product is suitable for investors who are seeking*:
•
Long term capital growth
•
Investment in open-ended diversified equity schemes and debt
schemes of Kotak Mahindra Mutual Fund
•
High risk (Brown)
* Investors should consult their financial advisors if in doubt about
whether the product is suitable for them.
Note: Risk maybe represented as: Investors understand that their
principal will be at
Low risk
(Blue)
Medium risk
(Yellow)
High risk
(Brown)
11.12
88.11
Others
32
FUND OF FUNDS
INVESTMENT STYLE
Style
Value
Blend Growth
KOTAK US EQUITY FUND
Large
(formerly known as “PineBridge India – US Equity Fund)
An Open Ended Fund of Funds Scheme Investing Overseas
Mid
Small
(As on April 30, 2015)
Investment Objective
The primary investment objective of the
scheme is to provide long term capital
appreciation by investing in units of a fund
that invests predominantly in equity and
equity related securities of companies
having assets, products or operations in the
United States. However, there is no
assurance that the investment objective of
the Scheme will be realized.
Inception Date
Size
PORTFOLIO
Issuer/Instrument
Industry/Rating
% to Net
Assets
Issuer/Instrument
Industry/Rating
Mutual Fund Units
Mutual Fund Units - Total
PINEBRIDGE US LARGE CAP
Net Current Assets/(Liabilities)
RESEARCH ENHANCE
Overseas Mutual Fund
94.20%
Grand Total
% to Net
Assets
94.20%
5.80%
100.00%
December 20, 2013
Fund Manager
Mr. Deepak Gupta
Benchmark
Standard & Poor's 500 Total Return Net
Index in USD is the benchmark of the
underlying scheme. The same converted
into INR using RBI reference rate will be the
benchmark for the scheme.
AAUM (` In Crores)
AAUM as on March 31, 2015: `5.22
Available Plans/Options
A) Regular Plan
B) Direct Plan / Options: Dividend Payout,
Dividend Reinvestment & Growth
(applicable for all plans)
Dividend Frequency
Trustee’s Discretion
Minimum Investment Amount
Initial Investment: `5000 and in multiple
of `1 for purchase and for `0.01 for
switches
Additional Investment: `1000 & in
multiples of `1
Ideal Investments Horizon: 3 years &
above
Load Structure
Kotak US Equity Fund NAV as on March 31, 2015: `11.341 (Dividend Option), `11.451 (Direct Dividend Option), `11.341 (Growth
Option), `11.450 (Direct Growth Option)
Entry Load: Nil. (applicable for all plans)
Exit Load:
I) For redemptions / switch outs (including
SIP/STP) within 1 year from the date of
allotment of units, irrespective of the
amount of investment – 1%;
SECTOR ALLOCATION (%)
5.80
ii) For redemptions / switch outs (including
SIP/STP) after 1 year from the date of
allotment of units, irrespective of the
amount of investment – NIL;
94.20
iii) Any exit load charged (net off Service Tax,
if any) shall be credited back to the Scheme;
iv) Bonus units and units issued on
reinvestment of dividends shall not be
subject to entry and exit load.
Others
PRODUCT LABEL
This product is suitable for investors who are seeking*:
•
Long term capital growth
•
Long term capital appreciation by investing in Units of
PineBridge US Large Cap Research Enhanced Fund which in
turn invests in equity and equity related securities of companies
having assets, products or operations in the United States.
•
High risk (Brown)
* Investors should consult their financial advisors if in doubt about
whether the product is suitable for them.
Note: Risk maybe represented as: Investors understand that their
principal will be at
Low risk
(Blue)
Medium risk
(Yellow)
High risk
(Brown)
33
FUND OF FUNDS
INVESTMENT STYLE
Style
Value
Blend Growth
KOTAK GLOBAL EMERGING MARKET FUND
Large
Mid
An Open - Ended Equity Scheme
Small
(As on April 30, 2015)
Investment Objective
The investment objective of the scheme is
to generate long-term capital appreciation
by investing in an overseas mutual fund
scheme that invest in a diversified portfolio
of securities as prescribed by SEBI from time
to time in global emerging markets.
Inception Date
September 26, 2007
Size
PORTFOLIO
Issuer/Instrument
Industry/Rating
% to Net
Assets
Equity & Equity related (Listed/Awaiting listing on Stock
Exchange)
Issuer/Instrument
Industry/Rating
Mutual Fund Units - Total
Collateral Borrowing & Lending obligation
% to Net
Assets
95.74%
7.48%
Mutual Fund Units
Net Current Assets/(Liabilities)
Fund Managers
MGF ASIAN SMALL EQUITY
FUND CLASS I
Overseas Mutual Fund
77.73%
Mr. Deepak Gupta (Dedicated fund
manager for Fund Managers overseas
investment) & Mr.Abhishek Bisen
ishares MSCI Emerging
Markets ETF**
Overseas Mutual Fund
18.01%
Grand Total
-3.22%
100.00%
Benchmark
MSCI Emerging Market
AAUM (` In Crores)
AAUM as on March 31, 2015: `38.91
Available Plans/Options
A) Regular Plan
B) Direct Plan / Options: Dividend Payout,
Dividend Reinvestment & Growth
(applicable for all plans)
Dividend Frequency
Trustee’s Discretion
Minimum Investment Amount
Initial Investment: `5000 and in multiple
of `1 for purchase and for `0.01 for
switches
Additional Investment: `1000 & in
multiples of `1
Ideal Investments Horizon: 3 years &
above
Load Structure
Entry Load: Nil. (applicable for all plans)
Exit Load:
I) For exit within 1 year from the date of
allotment of units: 1%.
ii) For exit after 1 year from the date of
allotment of units: Nil
iii) Any exit load charged (net off Service Tax,
if any) shall be credited back to the Scheme.
(applicable for all plans) Bonus units and
units issued on reinvestment of dividends
shall not be subject to exit load (applicable
for all plans)
Kotak Global Emerging Market Fund NAV as on March 31, 2015: `14.328 (Dividend Option), `14.532 (Direct Dividend Option), `14.328
(Growth Option), `14.485 (Direct Growth Option)
SECTOR ALLOCATION (%)
7.48 -3.22
95.74
Mutual Fund
CBLO & Term Deposits & Rev.Repo
Others
PRODUCT LABEL
This product is suitable for investors who are seeking*:
•
Long term capital growth
•
Investment in overseas mutual fund schemes that invest in a
diversified portfolio of securities in global emerging markets
•
High risk (Brown)
* Investors should consult their financial advisors if in doubt about
whether the product is suitable for them.
Note: Risk maybe represented as: Investors understand that their
principal will be at
Low risk
(Blue)
Medium risk
(Yellow)
High risk
(Brown)
34
FUND OF FUNDS
INVESTMENT STYLE
Style
Value
Blend Growth
KOTAK WORLD GOLD FUND
Large
(formerly known as “PineBridge World Gold Fund”)
An Open – Ended Fund of Funds Scheme
Mid
Small
(As on April 30, 2015)
Investment Objective
The primary investment objective of the
Scheme is to provide long term capital
appreciation by investing predominantly in
units of Falcon Gold Equity Fund. The
Scheme may, at the discretion of the
Investment Manager, also invest in the units
of other similar overseas mutual fund
schemes. The Scheme may also invest a
certain portion of its corpus in debt and
money market securities and/or units of
debt/liquid schemes of Mutual Funds, in
order to meet liquidity requirements from
time to time. However, there is no
assurance that the investment objective of
the Scheme will be realized.
Size
PORTFOLIO
Issuer/Instrument
Industry/Rating
% to Net
Assets
Mutual Fund Units
Issuer/Instrument
Industry/Rating
Collateral Borrowing & Lending obligation
FALCON GOLD EQUITY ASIA
Overseas Mutual Fund
Mutual Fund Units - Total
96.33%
Net Current Assets/(Liabilities)
96.33%
Grand Total
% to Net
Assets
6.45%
-2.78%
100.00%
Inception Date
June 6, 2008
Fund Manager
Mr. Deepak Gupta
Benchmark
Financial Times Gold Mines Total Price
Index, in USD is the benchmark of Falcon
Gold Equity Fund. The above translated to
INR using the RBI Reference Rate will be the
benchmark of Kotak World Gold Fund.
AAUM (` In Crores)
AAUM as on March 31, 2015: `35.74
Available Plans/Options
A) Regular Plan
B) Direct Plan / Options: Dividend Payout,
Dividend Reinvestment & Growth
(applicable for all plans)
Dividend Frequency
Trustee’s Discretion
Minimum Investment Amount
Initial Investment: `5000 and in multiple
of `1 for purchase and for `0.01 for
switches
Additional Investment: `1000 & in
multiples of `1 for purchase and for `0.01
for switches
Ideal Investments Horizon: 3 years &
above
Kotak World Gold Fund NAV as on March 31, 2015: `6.180 (Dividend Option), `6.240 (Direct Dividend Option), `7.455 (Growth
Option), `7.555 (Direct Growth Option)
SECTOR ALLOCATION (%)
-2.78
Load Structure
Entry Load: Nil. (applicable for all plans)
6.45
Exit Load:
I) For redemptions / switch outs (including
SIP/STP) within 1 year from the date of
allotment of units, irrespective of the
amount of investment – 1%;
ii) For redemptions / switch outs (including
SIP/STP) after 1 year from the date of
allotment of units, irrespective of the
amount of investment – NIL;
96.33
93.83
Overseas Mutual Fund
Others
PRODUCT LABEL
This product is suitable for investors who are seeking*:
•
Long term capital growth
•
Long term capital appreciation by investing in units of Falcon
Gold Equity Fund which in turn invests in international
securities of gold production, processing and marketing
companies
•
High risk (Brown)
* Investors should consult their financial advisors if in doubt about
whether the product is suitable for them.
Note: Risk maybe represented as: Investors understand that their
principal will be at
Low risk
(Blue)
Medium risk
(Yellow)
High risk
(Brown)
iii) Any exit load charged (net off ServiceTax,
if any) shall be credited back to the Scheme;
iv) Bonus units and units issued on
reinvestment of dividends shall not be
subject to entry and exit load.
6
35
ETF SCHEMES
KOTAK GOLD ETF
An Open Ended Gold Exchange Traded Fund
(As on April 30, 2015)
Investment Objective
The investment objective of Kotak Gold ETF
is to generate returns that are in line with
the returns on investment in physical gold,
subject to tracking error.
PORTFOLIO
Issuer / Instrument
Industry/
Rating
% to Net
Assets
Gold
Issuer / Instrument
Net Current Assets/(Liabilities)
Industry/
Rating
% to Net
Assets
-0.09%
Inception Date
July 27, 2007
Gold Fineness99.5
Gold
100.09%
Grand Total
100.00%
Fund Manager
Mr. Abhishek Bisen
Listed/Awaiting Listing on
Stock Exchange - Total
100.09%
Benchmark
Physical Gold
AAUM (`In Crores)
AAUM as on March 31, 2015: `554.76
Available Plans/Options
A) Regular Plan
B) Direct Plan
Minimum Investment Amount
NAV
Through Exchange:10 Units,
Through AMC: 10000 Units,
Kotak Gold ETF NAV as on March 31, 2015: ` 2434.3536
Ideal Investment Horizon: 3 years and
above
Load Structure
Entry Load: Nil. (applicable for all plans)
Exit Load: Nil (applicable for all plans)
Sector Allocation (%)
-0.09
100.09
Gold
Others
PRODUCT LABEL
This product is suitable for investors who are seeking*:
•
Returns in line with physical gold over medium to long term, subject to tracking error
•
Investment in physical gold
•
High risk
(Brown)
* Investors should consult their financial advisors if in doubt about whether the product is suitable for them.
Note: Risk maybe represented as: Investors understand that their principal will be at
Low risk
(Blue)
Medium risk
(Yellow)
High risk
(Brown)
36
ETF SCHEMES
KOTAK NIFTY ETF
An Open Ended Exchange Traded Fund
[Eligible scheme under Rajiv Gandhi Equity Savings Scheme (RGESS)]
(As on April 30, 2015)
Investment Objective
The investment objective of the scheme is
to provide returns before expenses that
closely correspond to the total returns of
the CNX Nifty subject to tracking errors.
Inception Date
February 8, 2010
Fund Manager
Mr. Deepak Gupta
Benchmark
CNX Nifty
AAUM (`In Crores)
AAUM as on March 31, 2015: `77.09
Available Plans/Options
A) Regular Plan
B) Direct Plan
Ratios
Portfolio Turnover: 189.58%
Minimum Investment Amount
Through Exchange:1 Unit,
Through AMC: 5000 Units,
Ideal Investment Horizon: 3 years and
above
Load Structure
Entry Load: Nil. (applicable for all plans)
Exit Load: Nil (applicable for all plans)
PORTFOLIO
Issuer / Instrument
Industry/
Rating
% to Net
Assets
Equity & Equity related
Listed/Awaiting listing on Stock Exchange
Infosys Ltd.
Software
HDFC Bank Ltd.
Banks
ICICI Bank Ltd.
Banks
HDFC Ltd.
Finance
ITC Ltd.
Consumer Non Durables
Reliance Industries Ltd.
Petroleum Products
Larsen And Toubro Ltd.
Construction Project
Tata Consultancy Services Ltd. Software
Axis Bank Ltd
Banks
Tata Motors Ltd.
Auto
State Bank Of India
Banks
Sun Pharmaceuticals
Industries Ltd.
Pharmaceuticals
Kotak Mahindra Bank Ltd.
Banks
Hindustan Unilever Ltd.
Consumer Non Durables
Oil & Natural Gas
Corporation Ltd.
Oil
Bharti Airtel Ltd.
Telecom - Services
Mahindra & Mahindra Ltd.
Auto
Maruti Suzuki India Limited
Auto
HCL Technologies Ltd.
Software
Coal India Ltd.
Minerals/Mining
Lupin Ltd.
Pharmaceuticals
Dr Reddys Laboratories Ltd
Pharmaceuticals
Tech Mahindra Ltd.
Software
IndusInd Bank Ltd.
Banks
Wipro Ltd.
Software
Asian Paints Ltd.
Consumer Non Durables
6.77%
6.71%
6.70%
6.43%
6.30%
4.96%
4.66%
4.40%
3.37%
3.36%
2.91%
2.87%
2.38%
2.10%
1.90%
1.84%
1.84%
1.72%
1.67%
1.63%
1.48%
1.47%
1.32%
1.24%
1.23%
1.20%
Issuer / Instrument
Cipla Ltd.
Power Grid Corporation
Of India Ltd
National Thermal Power
Corporation Limited
Hero MotoCorp Ltd.
Ultratech Cement Ltd.
Yes Bank Ltd
Bajaj Auto Ltd.
Tata Steel Limited.
Sesa Sterlite Ltd.
Grasim Industries Ltd.
IDFC Limited
Bharat Heavy Electricals Ltd.
Bharat Petroleum
Corporation Ltd.
Idea Cellular Ltd.
Ambuja Cements Ltd
Zee Entertainment
Enterprises Ltd
GAIL (India) Ltd.
Hindalco Industries Ltd
Bank Of Baroda
Tata Power Co. Ltd.
ACC Ltd.
Cairn India Limited
Punjab National Bank
NMDC Ltd.
Industry/
Rating
Pharmaceuticals
1.13%
Power
1.09%
Power
Auto
Cement
Banks
Auto
Ferrous Metals
Minerals/Mining
Cement
Finance
Industrial Capital Goods
1.08%
0.97%
0.96%
0.95%
0.91%
0.84%
0.81%
0.80%
0.78%
0.75%
Petroleum Products
Telecom - Services
Cement
0.69%
0.68%
0.62%
Media and Entertainment
Gas
Non - Ferrous Metals
Banks
Power
Cement
Oil
Banks
Minerals/Mining
0.60%
0.58%
0.58%
0.55%
0.48%
0.47%
0.42%
0.42%
0.35%
Listed/Awaiting Listing on Stock Exchange - Total
Net Current Assets/(Liabilities)
Grand Total
% to Net
Assets
99.97%
0.03%
100.00%
NAV
Kotak Nifty ETF NAV as on March 31, 2015 : ` 851.4834.
Sector Allocation (%)
2.85
2.79
10.87
4.66
5.65
25.23
6.95
15.39
7.21
8.80
9.60
Banks
Software Consumer Non Durables
Auto Finance Pharmaceuticals
Petroleum Products
Construction Project Cement
Minerals/Mining Others
PRODUCT LABEL
This product is suitable for investors who are seeking*:
•
Long term capital growth
•
Investment in stocks comprising the underlying index and endeavours to track the benchmark index
•
High risk
(Brown)
* Investors should consult their financial advisors if in doubt about whether the product is suitable for them.
Note: Risk maybe represented as: Investors understand that their principal will be at
Low risk
(Blue)
Medium risk
(Yellow)
High risk
(Brown)
37
ETF SCHEMES
KOTAK SENSEX ETF
An Open Ended Exchange Traded Fund
[Eligible scheme under Rajiv Gandhi Equity Savings Scheme (RGESS)]
(As on April 30, 2015)
Investment Objective
The investment objective of the scheme is
to provide returns before expenses that
closely correspond to the total returns of
the BSE SENSEX subject to tracking errors.
Inception Date
June 6, 2008
PORTFOLIO
Issuer / Instrument
Industry/
Rating
% to Net
Assets
Equity & Equity related
Listed/Awaiting listing on Stock Exchange
Issuer / Instrument
Industry/
Rating
% to Net
Assets
Maruti Suzuki India Limited
Auto
2.13%
Coal India Ltd.
Minerals/Mining
1.97%
Dr Reddys Laboratories Ltd
Pharmaceuticals
1.82%
Wipro Ltd.
Software
1.55%
HDFC Bank Ltd.
Banks
8.32%
Mr. Deepak Gupta
ICICI Bank Ltd.
Banks
8.27%
Benchmark
Infosys Ltd.
Software
8.07%
HDFC Ltd.
Finance
7.92%
Cipla Ltd.
Pharmaceuticals
1.39%
ITC Ltd.
Consumer Non Durables
7.77%
National Thermal Power
Corporation Limited
Power
1.33%
Reliance Industries Ltd.
Petroleum Products
6.13%
Hero MotoCorp Ltd.
Auto
1.20%
B) Direct Plan
Larsen And Toubro Ltd.
Construction Project
5.75%
Ratios
Bajaj Auto Ltd.
Auto
1.12%
Tata Consultancy Services Ltd.
Software
5.41%
Tata Steel Limited.
Ferrous Metals
1.04%
Axis Bank Ltd
Banks
4.11%
Tata Motors Ltd.
Auto
4.11%
Sesa Sterlite Ltd.
Minerals/Mining
0.99%
State Bank Of India
Banks
3.56%
Bharat Heavy Electricals Ltd.
Industrial Capital Goods
0.92%
Sun Pharmaceuticals
Industries Ltd.
GAIL (India) Ltd.
Gas
0.73%
Load Structure
Pharmaceuticals
3.50%
Hindalco Industries Ltd
Non - Ferrous Metals
0.71%
Entry Load: Nil. (applicable for all plans)
Hindustan Unilever Ltd.
Consumer Non Durables
2.61%
Tata Power Co. Ltd.
Power
0.59%
Fund Manager
S&P BSE SENSEX
AAUM (`In Crores)
AAUM as on March 31, 2015: ` 8.10
Available Plans/Options
A) Regular Plan
Portfolio Turnover: 21.99%
Minimum Investment Amount
Through Exchange:1 Unit,
Through AMC: 10000 Units,
Ideal Investment Horizon: 3 years and
above
Exit Load: Nil (applicable for all plans)
Oil & Natural Gas
Corporation Ltd.
Oil
2.36%
Bharti Airtel Ltd.
Telecom - Services
2.30%
Mahindra & Mahindra Ltd.
Auto
2.27%
Listed/Awaiting Listing on Stock Exchange - Total
Net Current Assets/(Liabilities)
Grand Total
99.95%
0.05%
100.00%
NAV
Kotak Sensex ETF NAV as on March 31, 2015 : ` 281.0855
Sector Allocation (%)
2.962.36
7.67
24.26
5.75
6.13
6.71
15.03
7.92
10.38
10.83
Auto
Banks
Software
Finance
Pharmaceuticals
Construction Project
Consumer Non Durables
Petroleum Products
Minerals/Mining
Oil
Others
PRODUCT LABEL
This product is suitable for investors who are seeking*:
•
Long term capital growth
•
Investment in stocks comprising the underlying index and endeavours to track the benchmark index
•
High risk
(Brown)
* Investors should consult their financial advisors if in doubt about whether the product is suitable for them.
Note: Risk maybe represented as: Investors understand that their principal will be at
Low risk
(Blue)
Medium risk
(Yellow)
High risk
(Brown)
38
ETF SCHEMES
KOTAK BANKING ETF
An Open Ended Exchange Traded Fund
(As on April 30, 2015)
Investment Objective
The investment objective of the scheme is
to provide returns before expenses that
closely correspond to the total returns of
stocks as represented by the CNX Bank
Index subject to tracking errors. There can
be no assurance or guarantee that the
investment objective of the plan will be
achieved.
PORTFOLIO
Issuer / Instrument
Industry/
Rating
% to Net
Assets
Equity & Equity related
Listed/Awaiting listing on Stock Exchange
Fund Manager
Industry/
Rating
% to Net
Assets
Bank Of Baroda
Banks
2.13%
Punjab National Bank
Banks
1.60%
Federal Bank Ltd.
Banks
1.51%
Canara Bank
Banks
0.73%
Bank of India
Banks
0.64%
HDFC Bank Ltd.
Banks
25.81%
ICICI Bank Ltd.
Banks
25.79%
Axis Bank Ltd
Banks
12.97%
State Bank Of India
Banks
11.20%
Kotak Mahindra Bank Ltd.
Banks
9.15%
Listed/Awaiting Listing on Stock Exchange - Total
IndusInd Bank Ltd.
Banks
4.79%
Net Current Assets/(Liabilities)
0.01%
Yes Bank Ltd
Banks
3.67%
Grand Total
100%
Inception Date
December 11, 2014
Issuer / Instrument
Mr. Deepak Gupta
Benchmark
CNX Bank
AAUM (`In Crores)
AAUM as on March 31, 2015: `274.59
99.99%
Available Plans/Options
Option - Dividend Payout
Ratios
Portfolio Turnover: 7.98%
Minimum Investment Amount
Through Exchange:1 Unit,
Through AMC: 15000 Units,
Ideal Investment Horizon: 3 years and
above
Load Structure
NAV
Entry Load: Nil. (applicable for all plans)
Exit Load: Nil (applicable for all plans)
Kotak Banking ETF NAV as on March 31, 2015: `181.9991
Sector Allocation (%)
0.01
99.99
Banks
Others
PRODUCT LABEL
This product is suitable for investors who are seeking*:
•
Long term capital growth
•
Investment in stocks comprising the underlying index and endeavours to track the benchmark index
•
High risk
(Brown)
* Investors should consult their financial advisors if in doubt about whether the product is suitable for them.
Note: Risk maybe represented as: Investors understand that their principal will be at
Low risk
(Blue)
Medium risk
(Yellow)
High risk
(Brown)
39
ETF SCHEMES
KOTAK PSU BANK ETF
An Open Ended Exchange Traded Fund
(As on April 30, 2015)
Investment Objective
The investment objective of the scheme is
to provide returns that closely correspond
to the total returns of CNX PSU Bank Index,
subject to tracking errors.
Inception Date
PORTFOLIO
Issuer / Instrument
Industry/
Rating
% to Net
Assets
Equity & Equity related
Listed/Awaiting listing on Stock Exchange
November 8, 2007
Fund Manager
Industry/
Rating
% to Net
Assets
Oriental Bank of Commerce
Banks
1.81%
Allahabad Bank.
Banks
1.68%
Syndicate Bank
Banks
1.47%
State Bank Of India
Banks
60.46%
Bank Of Baroda
Banks
11.51%
Punjab National Bank
Banks
8.62%
Andhra Bank
Banks
1.30%
Canara Bank
Banks
3.92%
Indian Overseas Bank
Banks
1.04%
Bank of India
Banks
3.48%
Listed/Awaiting Listing on Stock Exchange - Total
Union Bank Of India
Banks
2.62%
Industrial Development Bank
of India Ltd.
Banks
2.04%
Mr. Deepak Gupta
Benchmark
Issuer / Instrument
CNX PSU Bank
AAUM (`In Crores)
AAUM as on March 31, 2015: `21.74
Available Plans/Options
A) Regular Plan
B) Direct Plan
99.95%
Ratios
Portfolio Turnover: 133.69%
Net Current Assets/(Liabilities)
0.05%
Minimum Investment Amount
Through Exchange:1 Unit,
Grand Total
100.00%
Through AMC: 10000 Units,
Ideal Investment Horizon: 3 years and
above
Load Structure
Entry Load: Nil. (applicable for all plans)
Exit Load: Nil (applicable for all plans)
NAV
Kotak PSU Bank ETF NAV as on March 31, 2015: ` 342.9472
Sector Allocation (%)
0.05
99.95
Banks
Others
PRODUCT LABEL
This product is suitable for investors who are seeking*:
•
Long term capital growth
•
Investment in stocks comprising the underlying index and endeavours to track the benchmark index
•
High risk
(Brown)
* Investors should consult their financial advisors if in doubt about whether the product is suitable for them.
Note: Risk maybe represented as: Investors understand that their principal will be at
Low risk
(Blue)
Medium risk
(Yellow)
High risk
(Brown)
40
Scheme Performances as on March 31, 2015
Kotak 50 - Dividend
Scheme
Returns (%) ^
CNX
Nifty # (%)
S&P BSE
Sensex ##
Since inception till Mar 31, 2015
21.42
15.02
14.60
31/03/2014 to 31/03/2015
42.21
26.65
24.89
31/03/2013 to 31/03/2014
14.38
17.98
18.85
31/03/2012 to 31/03/2013
9.68
7.31
8.23
Current Value of Standard Investment of ` 10000 in the
Scheme (`)
Benchmark #(`)
Additional
Benchmark # # (`)
234,787
97,301
91,776
Not applicable
N.A stands for data not available. Note: Point to Point (PTP) Returns in INR show the value of `10,000/- investment made at inception. Source: ICRA MFI Explorer
# Name of Scheme Benchmark. ## Name of Additional Benchmark. ^ Past performance may or may not be sustained in the future. All payouts during the period have been reinvested in the
units of the scheme at the then prevailingNAV. Returns <= 1 year: Absolute; Returns > 1 year: CAGR (Compounded Annualised Growth Rate).
Kotak Classic Equity - Growth
Scheme
Returns (%) ^
CNX 500
#(%)
CNX Nifty
##(%)
Current Value of Standard Investment of ` 10000 in the
Scheme (`)
Since inception till Mar 31, 2015
14.17
13.55
14.34
31/03/2014 to 31/03/2015
34.56
33.56
26.65
31/03/2013 to 31/03/2014
17.01
17.72
17.98
31/03/2012 to 31/03/2013
11.11
5.13
7.31
36,084
Benchmark #(`)
Additional
Benchmark # # (`)
34,234
36,613
Not applicable
N.A stands for data not available. Note: Point to Point (PTP) Returns in INR show the value of `10,000/- investment made at inception. Source: ICRA MFI Explorer
# Name of Scheme Benchmark. ## Name of Additional Benchmark. ^ Past performance may or may not be sustained in the future. All payouts during the period have been reinvested in the
units of the scheme at the then prevailingNAV. Returns <= 1 year: Absolute; Returns > 1 year: CAGR (Compounded Annualised Growth Rate).
Kotak Opportunities Fund - Growth
Scheme
Returns (%) ^
CNX 500
#(%)
CNX Nifty
##(%)
Since inception till Mar 31, 2015
22.14
16.44
16.79
31/03/2014 to 31/03/2015
49.35
33.56
26.65
31/03/2013 to 31/03/2014
20.00
17.72
17.98
31/03/2012 to 31/03/2013
5.84
5.13
7.31
Current Value of Standard Investment of ` 10000 in the
Scheme (`)
Benchmark #(`)
Additional
Benchmark # # (`)
82,675
49,903
51,492
Not applicable
N.A stands for data not available. Note: Point to Point (PTP) Returns in INR show the value of `10,000/- investment made at inception. Source: ICRA MFI Explorer
# Name of Scheme Benchmark. ## Name of Additional Benchmark. ^ Past performance may or may not be sustained in the future. All payouts during the period have been reinvested in the
units of the scheme at the then prevailingNAV. Returns <= 1 year: Absolute; Returns > 1 year: CAGR (Compounded Annualised Growth Rate).
Kotak Select Focus Fund - Growth
Scheme
Returns (%) ^
CNX 200
#(%)
CNX Nifty
##(%)
Since inception till Mar 31, 2015
16.01
10.75
10.69
31/03/2014 to 31/03/2015
51.45
31.47
26.65
31/03/2013 to 31/03/2014
23.63
17.57
17.98
31/03/2012 to 31/03/2013
8.73
6.02
7.31
Current Value of Standard Investment of ` 10000 in the
Scheme (`)
Benchmark #(`)
Additional
Benchmark # # (`)
22,809
17,629
17,581
Not applicable
N.A stands for data not available. Note: Point to Point (PTP) Returns in INR show the value of `10,000/- investment made at inception. Source: ICRA MFI Explorer
# Name of Scheme Benchmark. ## Name of Additional Benchmark. ^ Past performance may or may not be sustained in the future. All payouts during the period have been reinvested in the
units of the scheme at the then prevailingNAV. Returns <= 1 year: Absolute; Returns > 1 year: CAGR (Compounded Annualised Growth Rate).
41
Kotak Tax Saver - Growth
Scheme
Returns (%) ^
CNX 500
#(%)
CNX Nifty
## (%)
Since inception till Mar 31, 2015
13.01
12.83
13.44
31/03/2014 to 31/03/2015
57.02
33.56
26.65
31/03/2013 to 31/03/2014
9.61
17.72
17.98
31/03/2012 to 31/03/2013
5.36
5.13
7.31
Current Value of Standard Investment of ` 10000 in the
Scheme (`)
Benchmark #(`)
Additional
Benchmark # # (`)
31,398
30,938
32,550
Not applicable
N.A stands for data not available. Note: Point to Point (PTP) Returns in INR show the value of `10,000/- investment made at inception. Source: ICRA MFI Explorer
# Name of Scheme Benchmark. ## Name of Additional Benchmark. ^ Past performance may or may not be sustained in the future. All payouts during the period have been reinvested in the
units of the scheme at the then prevailingNAV. Returns <= 1 year: Absolute; Returns > 1 year: CAGR (Compounded Annualised Growth Rate).
Kotak Midcap Fund - Growth
Scheme
Returns (%) ^
CNX Midcap
#(%)
CNX Nifty
##(%)
Current Value of Standard Investment of ` 10000 in the
Scheme (`)
Since inception till Mar 31, 2015
17.54
15.74
15.08
31/03/2014 to 31/03/2015
65.62
50.96
26.65
31/03/2013 to 31/03/2014
18.74
16.36
17.98
31/03/2012 to 31/03/2013
5.26
-4.02
7.31
51,159
Benchmark #(`)
43,781
Additional
Benchmark # # (`)
41,313
Not applicable
N.A stands for data not available. Note: Point to Point (PTP) Returns in INR show the value of `10,000/- investment made at inception. Source: ICRA MFI Explorer
# Name of Scheme Benchmark. ## Name of Additional Benchmark. ^ Past performance may or may not be sustained in the future. All payouts during the period have been reinvested in the
units of the scheme at the then prevailingNAV. Returns <= 1 year: Absolute; Returns > 1 year: CAGR (Compounded Annualised Growth Rate).
Kotak Emerging Equity Scheme - Growth
Scheme
Returns (%) ^
S&P BSE
Midcap #(%)
CNX Nifty
##(%)
Current Value of Standard Investment of ` 10000 in the
Scheme (`)
Since inception till Mar 31, 2015
12.54
8.82
10.48
31/03/2014 to 31/03/2015
83.34
49.55
26.65
31/03/2013 to 31/03/2014
17.10
15.32
17.98
31/03/2012 to 31/03/2013
5.20
-3.22
7.31
25,754
Benchmark #(`)
19,673
Additional
Benchmark # # (`)
22,219
Not applicable
N.A stands for data not available. Note: Point to Point (PTP) Returns in INR show the value of `10,000/- investment made at inception. Source: ICRA MFI Explorer
# Name of Scheme Benchmark. ## Name of Additional Benchmark. ^ Past performance may or may not be sustained in the future. All payouts during the period have been reinvested in the
units of the scheme at the then prevailingNAV. Returns <= 1 year: Absolute; Returns > 1 year: CAGR (Compounded Annualised Growth Rate).
Kotak Infrastructure & Economic Reform Fund - Growth
Scheme
Returns (%) ^
S&P BSE 100
#(%)
CNX Nifty
##(%)
Since inception till Mar 31, 2015
6.55
6.68
6.96
31/03/2014 to 31/03/2015
62.75
28.32
26.65
31/03/2013 to 31/03/2014
21.38
18.11
17.98
31/03/2012 to 31/03/2013
-9.26
6.84
7.31
Current Value of Standard Investment of ` 10000 in the
Scheme (`)
Benchmark #(`)
Additional
Benchmark # # (`)
15,682
15,822
16,117
Not applicable
N.A stands for data not available. Note: Point to Point (PTP) Returns in INR show the value of `10,000/- investment made at inception. Source: ICRA MFI Explorer.
# Name of Scheme Benchmark. ## Name of Additional Benchmark. ^Past performance may or may not be sustained in future. All payouts during the period have been reinvested in the units
of the scheme at the then prevailingNAV. Returns <= 1 year: Absolute; Returns > 1 year: CAGR (Compounded Annualised Growth Rate).
41
42
Kotak Balance
Scheme
Returns (%) ^
CRISIL
Balanced Fund
# (%)
CNX Nifty
##(%)
Since inception till Mar 31, 2015
15.93
NA
12.41
31/03/2014 to 31/03/2015
26.69
22.45
26.65
31/03/2013 to 31/03/2014
13.14
13.38
17.98
31/03/2012 to 31/03/2013
9.92
8.19
7.31
Current Value of Standard Investment of ` 10000 in the
Scheme (`)
Benchmark #(`)
Additional
Benchmark # # (`)
96,826
N.A
60,278
Not applicable
N.A stands for data not available. Note: Point to Point (PTP) Returns in INR show the value of `10,000/- investment made at inception. Source: ICRA MFI Explorer
# Name of Scheme Benchmark. ## Name of Additional Benchmark. ^ Past performance may or may not be sustained in the future. All payouts during the period have been reinvested in the
units of the scheme at the then prevailingNAV. Returns <= 1 year: Absolute; Returns > 1 year: CAGR (Compounded Annualised Growth Rate).
Kotak Equity Arbitrage Fund - Growth
Scheme
Returns (%) ^
Crisil Liquid Fund
#(%)
CNX Nifty
##(%)
Since inception till Mar 31, 2015
7.91
7.36
13.21
31/03/2014 to 31/03/2015
8.85
8.85
26.65
31/03/2013 to 31/03/2014
9.32
9.46
17.98
31/03/2012 to 31/03/2013
9.47
8.22
7.31
Current Value of Standard Investment of ` 10000 in the
Scheme (`)
Benchmark #(`)
Additional
Benchmark # # (`)
20,624
19,650
32,518
Not applicable
N.A stands for data not available. Note: Point to Point (PTP) Returns in INR show the value of `10,000/- investment made at inception. Source: ICRA MFI Explorer.
# Name of Scheme Benchmark. ## Name of Additional Benchmark. ^Past performance may or may not be sustained in future. All payouts during the period have been reinvested in the units
of the scheme at the then prevailingNAV. Returns <= 1 year: Absolute; Returns > 1 year: CAGR (Compounded Annualised Growth Rate).
Kotak Liquid - Plan A - Growth
Scheme
Returns (%) ^
Crisil Liquid Fund
#(%)
CRISIL 1 Year T-Bill
##(%)
Current Value of Standard Investment of ` 10000 in the
Scheme (`)
Since inception till Mar 31, 2015
7.46
6.84
5.70
31/03/2014 to 31/03/2015
8.99
8.85
8.55
31/03/2013 to 31/03/2014
9.37
9.46
5.77
31/03/2012 to 31/03/2013
9.35
8.22
8.37
22,732
Benchmark #(`)
21,284
Additional
Benchmark # # (`)
18,817
Not applicable
N.A stands for data not available. Note: Point to Point (PTP) Returns in INR show the value of `10,000/- investment made at inception. Source: ICRA MFI Explorer. For Additional Benchmark
(Debt Schemes): classification of schemes in short term & long termis based on the average maturity of the scheme. # Name of Scheme Benchmark. ## Name of Additional Benchmark. ^ Past
performance may or may not be sustained in the future. All payouts during the period have been reinvested in the units of the scheme at the then prevailingNAV. Returns <= 1 year: Absolute;
Returns > 1 year: CAGR (Compounded Annualised Growth Rate). Note-With effect from October 1, 2012 the scheme features has been changed. For more details please refer page 23.
Kotak Floater - ST - Growth
Scheme
Returns (%) ^
Crisil Liquid Fund
#(%)
CRISIL 1 Year T-Bill
##(%)
Current Value of Standard Investment of ` 10000 in the
Scheme (`)
Since inception till Mar 31, 2015
7.34
6.77
5.69
31/03/2014 to 31/03/2015
9.05
8.85
8.55
31/03/2013 to 31/03/2014
9.47
9.46
5.77
31/03/2012 to 31/03/2013
9.37
8.22
8.37
22,928
Benchmark #(`)
Additional
Benchmark # # (`)
21,556
19,120
Not applicable
N.A stands for data not available. Note: Point to Point (PTP) Returns in INR show the value of `10,000/- investment made at inception. Source: ICRA MFI Explorer. For Additional Benchmark
(Debt Schemes): classification of schemes in short term & long term is based on the average maturity of the scheme. # Name of Scheme Benchmark. ## Name of Additional Benchmark.
^Past performance may or may not be sustained in future. All payouts during the period have been reinvested in the units of the scheme at the then prevailing NAV. Returns <= 1 year:
Absolute; Returns > 1 year: CAGR (Compounded Annualised Growth Rate).
43
Kotak Treasury Advantage Fund - Growth
Scheme
Returns (%) ^
Crisil Liquid Fund
#(%)
CRISIL 1 Year TBill
##(%)
Current Value of Standard Investment of ` 10000 in the
Scheme (`)
Since inception till Mar 31, 2015
7.82
7.06
5.82
31/03/2014 to 31/03/2015
9.29
8.85
8.55
31/03/2013 to 31/03/2014
9.17
9.46
5.77
31/03/2012 to 31/03/2013
9.57
8.22
8.37
Benchmark #(`)
Additional
Benchmark # # (`)
20,651
18,246
22,270
Not applicable
N.A stands for data not available. Note: Point to Point (PTP) Returns in INR show the value of `10,000/- investment made at inception. Source: ICRA MFI Explorer. For Additional Benchmark
(Debt Schemes): classification of schemes in short term & long term is based on the average maturity of the scheme. # Name of Scheme Benchmark. ## Name of Additional Benchmark.
^Past performance may or may not be sustained in future. All payouts during the period have been reinvested in the units of the scheme at the then prevailingNAV. Returns <= 1 year:
Absolute; Returns > 1 year: CAGR (Compounded Annualised Growth Rate).
Kotak Banking and PSU Debt Fund - Growth
Scheme
Returns (%) ^
Crisil Liquid Fund
#(%)
CRISIL 1 Year TBill
##(%)
Current Value of Standard Investment of ` 10000 in the
Scheme (`)
Since inception till Mar 31, 2015
7.23
N.A
6.57
31/03/2014 to 31/03/2015
9.20
8.85
8.55
31/03/2013 to 31/03/2014
10.28
9.46
5.77
31/03/2012 to 31/03/2013
10.28
9.46
5.77
31,111
Benchmark #(`)
N.A
Additional
Benchmark # # (`)
28,141
Not applicable
Note: Point to Point (PTP) Returns in INR show the value of `10,000/- investment made at inception. Source: ICRA MFI Explorer. For Additional Benchmark (Debt Schemes): classification of
schemes in short term & long term is based on the average maturity of the scheme. # Name of Scheme Benchmark. ## Name of Additional Benchmark. ^ Past performance may or may not
be sustained in the future. All payouts during the period have been reinvested in the units of the scheme at the then prevailing NAV. Returns <= 1 year: Absolute; Returns > 1 year: CAGR
(Compounded Annualised Growth Rate).
Kotak Low Duration Fund - Growth
Scheme
Returns (%) ^
CRISIL Liquid
Fund #(%)
CRISIL 1 Year T-Bill
##(%)
Current Value of Standard Investment of ` 10000 in the
Scheme (`)
Since inception till Mar 31, 2015
7.95
7.68
6.24
31/03/2014 to 31/03/2015
9.83
8.85
8.55
31/03/2013 to 31/03/2014
7.01
9.46
5.77
31/03/2012 to 31/03/2013
9.63
8.22
8.37
17,172
Benchmark #(`)
16,868
Additional
Benchmark # # (`)
15,344
Not applicable
N.A stands for data not available. Note: Point to Point (PTP) Returns in INR show the value of `10,000/- investment made at inception. Source: ICRAMFI Explorer. # Name of Scheme
Benchmark. ## Name of Additional Benchmark. ^Past performance may or may not be sustained in future. All payouts during the period have been reinvested in the units of the scheme at
the then prevailingNAV. Returns <= 1 year: Absolute; Returns > 1 year:CAGR(Compounded Annualised Growth Rate).
Kotak Bond Short Term Plan - Growth
Scheme
Returns (%) ^
Crisil Short Term Bond
Fund #(%)
CRISIL 1Year T-Bill
##(%)
Current Value of Standard Investment of ` 10000 in the
Scheme (`)
Since inception till Mar 31, 2015
7.71
7.05
5.75
31/03/2014 to 31/03/2015
9.91
10.13
8.55
31/03/2013 to 31/03/2014
7.40
8.79
5.77
31/03/2012 to 31/03/2013
10.07
9.10
8.37
26,107
Benchmark #(`)
Additional
Benchmark # # (`)
24,102
20,587
Not applicable
N.A stands for data not available. Note: Point to Point (PTP) Returns in INR show the value of `10,000/- investment made at inception. Source: ICRA MFI Explorer. For Additional Benchmark
(Debt Schemes): classification of schemes in short term& long termis based on the average maturity of the scheme. # Name of Scheme Benchmark. ## Name of Additional Benchmark. ^Past
performance may or may not be sustained in future. All payouts during the period have been reinvested in the units of the scheme at the then prevailing NAV. Returns <= 1 year: Absolute;
Returns > 1 year: CAGR (Compounded Annualised Growth Rate).
44
Kotak Flexi Debt Fund - Plan A - Growth
Scheme
Returns (%) ^
Crisil Composite Bond
Fund #(%)
CRISIL 1 Year T-Bill
##(%)
Current Value of Standard Investment of ` 10000 in the
Scheme (`)
Since inception till Mar 31, 2015
7.69
6.84
6.23
31/03/2014 to 31/03/2015
9.78
14.35
8.55
31/03/2013 to 31/03/2014
8.95
4.34
5.77
31/03/2012 to 31/03/2013
9.01
9.27
8.37
16,608
Benchmark #(`)
Additional
Benchmark # # (`)
15,736
15,131
Not applicable
N.A stands for data not available. Note: Point to Point (PTP) Returns in INR show the value of `10,000/- investment made at inception. Source: ICRA MFI Explorer. For Additional Benchmark
(Debt Schemes): classification of schemes in short term & long term is based on the average maturity of the scheme. # Name of Scheme Benchmark. ## Name of Additional Benchmark. ^
Past performance may or may not be sustained in the future. All payouts during the period have been reinvested in the units of the scheme at the then prevailingNAV. Returns <= 1 year:
Absolute; Returns > 1 year: CAGR (Compounded Annualised Growth Rate).
Kotak Income Opportunities Fund - Growth
Scheme
Returns (%) ^
Crisil Short Term Bond
Fund #(%)
CRISIL 1 Year TBill
##(%)
Current Value of Standard Investment of ` 10000 in the
Scheme (`)
Since inception till Mar 31, 2015
8.57
8.30
6.64
31/03/2014 to 31/03/2015
10.75
10.13
8.55
31/03/2013 to 31/03/2014
7.79
8.79
5.77
31/03/2012 to 31/03/2013
9.90
9.10
8.37
14,949
Benchmark #(`)
Additional
Benchmark # # (`)
14,770
13,692
Not applicable
N.A stands for data not available. Note: Point to Point (PTP) Returns in INR show the value of `10,000/- investment made at inception. Source: ICRA MFI Explorer. For Additional Benchmark
(Debt Schemes): classification of schemes in short term & long term is based on the average maturity of the scheme. # Name of Scheme Benchmark. ## Name of Additional Benchmark.
^Past performance may or may not be sustained in future. All payouts during the period have been reinvested in the units of the scheme at the then prevailingNAV. Returns <= 1 year:
Absolute; Returns > 1 year: CAGR (Compounded Annualised Growth Rate).
Kotak Corporate Bond Fund - Growth
Scheme
Returns (%) ^
Crisil Composite Bond
Fund #(%)
CRISIL 1 Year Gilt
##(%)
Current Value of Standard Investment of ` 10000 in the
Scheme (`)
Since inception till Mar 31, 2015
8.00
7.58
6.20
31/03/2014 to 31/03/2015
13.59
14.35
8.55
31/03/2013 to 31/03/2014
4.88
4.34
5.77
31/03/2012 to 31/03/2013
9.49
9.27
8.37
17,836
Benchmark #(`)
17,318
Additional
Benchmark # # (`)
15,717
Not applicable
N.A stands for data not available. Note: Point to Point (PTP) Returns in INR show the value of `10,000/- investment made at inception. Source: ICRA MFI Explorer. # Name of Scheme
Benchmark. ## Name of Additional Benchmark. ^Past performance may or may not be sustained in future. All payouts during the period have been reinvested in the units of the scheme at
the then prevailing NAV. Returns <= 1 year: Absolute; Returns > 1 year: CAGR (Compounded Annualised Growth Rate).
Kotak Medium Term Fund - Growth
Scheme
Returns (%) ^
CRISIL Composite
Bond Fund #(%)
CRISIL 10 Year Gilt
##(%)
Since inception till Mar 31, 2015
11.97
14.45
14.38
31/03/2014 to 31/03/2015
11.71
14.35
14.45
31/03/2013 to 31/03/2014
N.A
4.34
-1.00
31/03/2012 to 31/03/2013
N.A
9.27
11.30
Current Value of Standard Investment of ` 10000 in the
Scheme (`)
Benchmark #(`)
Additional
Benchmark # # (`)
11208
11458
11450
Not applicable
N.A stands for data not available. Note: Point to Point (PTP) Returns in INR show the value of `10,000/- investment made at inception. Source: ICRA MFI Explorer. For Additional Benchmark
(Debt Schemes): classification of schemes in short term & long term is based on the average maturity of the scheme. # Name of Scheme Benchmark. ## Name of Additional Benchmark. ^
Past performance may or may not be sustained in the future. All payouts during the period have been reinvested in the units of the scheme at the then prevailing NAV. Returns <= 1 year:
Absolute; Returns > 1 year: CAGR (Compounded Annualised Growth Rate).
45
Kotak Bond - Plan A - Growth
Scheme
Returns (%) ^
Crisil Composite Bond
Fund #(%)
CRISIL 10 Year Gilt
##(%)
Since inception till Mar 31, 2015
9.43
N.A
N.A
31/03/2014 to 31/03/2015
15.87
14.35
14.45
31/03/2013 to 31/03/2014
1.71
4.34
-1.00
31/03/2012 to 31/03/2013
11.76
9.27
11.30
Current Value of Standard Investment of ` 10000 in the
Scheme (`)
Benchmark #(`)
Additional
Benchmark # # (`)
39,924
N.A
N.A
Not applicable
N.A stands for data not available. Note: Point to Point (PTP) Returns in INR show the value of `10,000/- investment made at inception. Source: ICRA MFI Explorer. For Additional Benchmark
(Debt Schemes): classification of schemes in short term & long term is based on the average maturity of the scheme. # Name of Scheme Benchmark. ## Name of Additional Benchmark. ^
Past performance may or may not be sustained in the future. All payouts during the period have been reinvested in the units of the scheme at the then prevailing NAV. Returns <= 1 year:
Absolute; Returns > 1 year: CAGR (Compounded Annualised Growth Rate).
Kotak Gilt - Investment Regular Plan - Growth
Scheme
Returns (%) ^
ISEC Composite
#(%)
CRISIL 10 Year Gilt
##(%)
Current Value of Standard Investment of ` 10000 in the
Scheme (`)
Since inception till Mar 31, 2015
10.10
N.A
N.A
31/03/2014 to 31/03/2015
18.27
9.80
14.45
31/03/2013 to 31/03/2014
-0.41
6.58
-1.00
31/03/2012 to 31/03/2013
13.20
9.67
11.30
Benchmark #(`)
47,823
N.A
Additional
Benchmark # # (`)
N.A
Not applicable
Kotak Gilt Investment PF & Trust Plan - Growth
Scheme
Returns (%) ^
ISEC Composite
#(%)
CRISIL 10 Year Gilt
##(%)
Current Value of Standard Investment of ` 10000 in the
Scheme (`)
Since inception till Mar 31, 2015
7.43
5.25
4.99
31/03/2014 to 31/03/2015
18.29
9.80
14.45
31/03/2013 to 31/03/2014
-0.36
6.58
-1.00
31/03/2012 to 31/03/2013
13.23
9.67
11.30
22,630
Benchmark #(`)
Additional
Benchmark # # (`)
17,912
17,408
Not applicable
N.A stands for data not available. Note: Point to Point (PTP) Returns in INR show the value of `10,000/- investment made at inception. Source: ICRA MFI Explorer.
For Additional Benchmark (Debt Schemes): classification of schemes in short term & long term is based on the average maturity of the scheme. # Name of Scheme Benchmark. ## Name of
Additional Benchmark. ^ Past performance may or may not be sustained in the future. All payouts during the period have been reinvested in the units of the scheme at the then prevailing
NAV. Returns <= 1 year: Absolute; Returns > 1 year: CAGR (Compounded Annualised Growth Rate).
Kotak Monthly Income Plan - Growth
Scheme
Returns (%) ^
Crisil MIP Blended
#(%)
CRISIL 10 Year Gilt
##(%)
Since inception till Mar 31, 2015
7.76
8.04
5.08
31/03/2014 to 31/03/2015
18.93
16.25
14.45
31/03/2013 to 31/03/2014
7.76
6.47
-1.00
31/03/2012 to 31/03/2013
9.61
9.09
11.30
Current Value of Standard Investment of ` 10000 in the
Scheme (`)
Benchmark #(`)
Additional
Benchmark # # (`)
23,326
24,012
17,530
Not applicable
N.A stands for data not available. Note: Point to Point (PTP) Returns in INR show the value of `10,000/- investment made at inception. Source: ICRA MFI Explorer. For Additional Benchmark
(Debt Schemes): classification of schemes in short term& long term is based on the average maturity of the scheme. # Name of Scheme Benchmark. ## Name of Additional Benchmark. ^
Past performance may or may not be sustained in the future. All payouts during the period have been reinvested in the units of the scheme at the then prevailing NAV. Returns <= 1 year:
Absolute; Returns > 1 year: CAGR (Compounded Annualised Growth Rate).
46
Kotak Multi Asset Allocation Fund - Growth
Scheme
Returns (%) ^
75% Crisil Short term
Bond Fund ,15%
CNX Nifty & 10%
Prices of Gold #(%)
CRISIL 10 Year Gilt
##(%)
Current Value of Standard Investment of ` 10000 in the
Scheme (`)
Since inception till Mar 31, 2015
8.93
9.30
6.97
31/03/2014 to 31/03/2015
13.50
11.10
14.45
31/03/2013 to 31/03/2014
4.37
8.92
-1.00
31/03/2012 to 31/03/2013
9.41
8.55
11.30
14,310
Benchmark #(`)
14,520
Additional
Benchmark # # (`)
13,262
Not applicable
N.A stands for data not available. Note: Point to Point (PTP) Returns in INR show the value of `10,000/- investment made at inception. Source: ICRA MFI Explorer.
#Name of Scheme Benchmark. ## Name of Additional Benchmark. ^Past performance may or may not be sustained in future. All payouts during the period have been reinvested in the units
of the scheme at the then prevailingNAV. Returns <= 1 year: Absolute; Returns > 1 year: CAGR (Compounded Annualised Growth Rate).
Kotak US Equity Fund - Growth
Scheme
Returns (%) ^
Standard & Poor’s 500
Total Return Net
#(%)
CNX Nifty
##(%)
Current Value of Standard Investment of ` 10000 in the
Scheme (`)
Since inception till Mar 31, 2015
10.36
13.15
26.74
31/03/2014 to 31/03/2015
13.83
17.28
26.65
31/03/2013 to 31/03/2014
N.A
33.95
17.98
31/03/2012 to 31/03/2013
N.A
21.88
7.31
11,341
Benchmark #(`)
Additional
Benchmark # # (`)
11,709
13,533
Not applicable
N.A stands for data not available. Note: Point to Point (PTP) Returns in INR show the value of `10,000/- investment made at inception. Source: ICRA MFI Explorer.
#Name of Scheme Benchmark. ## Name of Additional Benchmark. ^Past performance may or may not be sustained in future. All payouts during the period have been reinvested in the units
of the scheme at the then prevailingNAV. Returns <= 1 year: Absolute; Returns > 1 year: CAGR (Compounded Annualised Growth Rate).
Kotak World Gold Fund - Growth
Scheme
Returns (%) ^
Financial Times
Gold Mines Total-Price
#(%)
CNX Nifty
##(%)
Current Value of Standard Investment of ` 10000 in the
Scheme (`)
Since inception till Mar 31, 2015
-4.06
-5.55
9.64
31/03/2014 to 31/03/2015
-21.85
-19.44
26.65
31/03/2013 to 31/03/2014
-17.01
-29.81
17.98
31/03/2012 to 31/03/2013
-17.61
-18.92
7.31
7,542
Benchmark #(`)
Additional
Benchmark # # (`)
6,781
18,705
Not applicable
N.A stands for data not available. Note: Point to Point (PTP) Returns in INR show the value of `10,000/- investment made at inception. Source: ICRA MFI Explorer.
# Name of Scheme Benchmark. ## Name of Additional Benchmark. ^Past performance may or may not be sustained in future. All payouts during the period have been reinvested in the units
of the scheme at the then prevailing NAV. Returns <= 1 year: Absolute; Returns > 1 year: CAGR (Compounded Annualised Growth Rate).
Kotak Gold ETF
Scheme
Returns (%) ^
Physical Gold Price
#(%)
CRISIL 10 Year Gilt
##(%)
Current Value of Standard Investment of ` 10000 in the
Scheme (`)
Since inception till Mar 31, 2015
14.14
15.35
6.56
31/03/2014 to 31/03/2015
-6.58
-6.17
14.45
31/03/2013 to 31/03/2014
-8.02
-6.28
-1.00
31/03/2012 to 31/03/2013
3.76
4.80
11.30
27,619
Benchmark #(`)
Additional
Benchmark # # (`)
29,952
16,293
Not applicable
N.A stands for data not available. Note: Point to Point (PTP) Returns in INR show the value of `10,000/- investment made at inception. Source: ICRA MFI Explorer. # Name of Scheme
Benchmark. ## Name of Additional Benchmark. ^ Past performance may or may not be sustained in the future. All payouts during the period have been reinvested in the units of the scheme
at the then prevailingNAV. Returns <= 1 year: Absolute; Returns > 1 year: CAGR (Compounded Annualised Growth Rate).
47
Kotak Nifty ETF
Scheme
Returns (%) ^
CNX Nifty
#(%)
S&P BSE Sensex
##(%)
Current Value of Standard Investment of ` 10000 in the
Scheme (`)
Since inception till Mar 31, 2015
11.64
11.56
11.21
31/03/2014 to 31/03/2015
28.04
26.65
24.89
31/03/2013 to 31/03/2014
19.29
17.98
18.85
31/03/2012 to 31/03/2013
8.50
7.31
8.23
17,650
Benchmark #(`)
17,579
Additional
Benchmark # # (`)
17,297
Not applicable
N.A stands for data not available. Note: Point to Point (PTP) Returns in INR show the value of `10,000/- investment made at inception. Source: ICRA MFI Explorer.
# Name of Scheme Benchmark. ## Name of Additional Benchmark. ^ Past performance may or may not be sustained in the future. All payouts during the period have been reinvested in the
units of the scheme at the then prevailingNAV. Returns <= 1 year: Absolute; Returns > 1 year: CAGR (Compounded Annualised Growth Rate).
Kotak SENSEX ETF
Scheme
Returns (%) ^
S&P BSE
Sensex #(%)
CNX Nifty
##(%)
Current Value of Standard Investment of ` 10000 in the
Scheme (`)
Since inception till Mar 31, 2015
10.01
8.96
9.31
31/03/2014 to 31/03/2015
26.23
24.89
26.65
31/03/2013 to 31/03/2014
20.32
18.85
17.98
31/03/2012 to 31/03/2013
9.49
8.23
7.31
19,171
Benchmark #(`)
17,954
Additional
Benchmark # # (`)
18,348
Not applicable
N.A stands for data not available. Note: Point to Point (PTP) Returns in INR show the value of `10,000/- investment made at inception. Source: ICRA MFI Explorer.
# Name of Scheme Benchmark. ## Name of Additional Benchmark. ^ Past performance may or may not be sustained in the future. All payouts during the period have been reinvested in the
units of the scheme at the then prevailingNAV. Returns <= 1 year: Absolute; Returns > 1 year: CAGR (Compounded Annualised Growth Rate).
Kotak PSU Bank ETF
Scheme
Returns (%) ^
CNX PSU Bank
#(%)
CNX Nifty
##(%)
Current Value of Standard Investment of ` 10000 in the
Scheme (`)
Since inception till Mar 31, 2015
3.64
2.28
5.54
31/03/2014 to 31/03/2015
24.39
24.53
26.65
31/03/2013 to 31/03/2014
-6.54
-10.15
17.98
31/03/2012 to 31/03/2013
-8.52
-9.96
7.31
13,027
Benchmark #(`)
11,819
Additional
Benchmark # # (`)
14,900
Not applicable
N.A stands for data not available. Note: Point to Point (PTP) Returns in INR show the value of `10,000/- investment made at inception. Source: ICRA MFI Explorer # Name of Scheme
Benchmark. ## Name of Additional Benchmark. ^ Past performance may or may not be sustained in the future. All payouts during the period have been reinvested in the units of the scheme
at the then prevailingNAV. Returns <= 1 year: Absolute; Returns > 1 year: CAGR (Compounded Annualised Growth Rate).
48
FMP's and Gold Fund Performance as on March 31, 2015
Kotak FMP - Series 131 (1061 Days) - Reg - Growth
Scheme
Returns (%) ^
Crisil Short Term
Bond Fund #(%)
CRISIL 1 Year
T-Bill ##(%)
Since inception till Mar 31, 2015
12.14
10.22
8.52
31/03/2014 to 31/03/2015
11.77
10.13
8.55
31/03/2013 to 31/03/2014
N.A
8.79
5.77
31/03/2012 to 31/03/2013
N.A
9.10
8.37
Current Value of Standard Investment of ` 10000 in the
Scheme (`)
Benchmark #(`)
Additional
Benchmark ## (`)
11,564
11,314
11,092
Not applicable
Kotak FMP - Series 140 (1095 Days) - Reg - Growth
Scheme
Returns (%) ^
Crisil Short Term
Bond Fund #(%)
CRISIL 1 Year
T-Bill ##(%)
Since inception till Mar 31, 2015
11.09
14.76
8.70
31/03/2014 to 31/03/2015
10.85
10.13
8.55
31/03/2013 to 31/03/2014
N.A
8.79
5.77
31/03/2012 to 31/03/2013
N.A
9.10
8.37
Current Value of Standard Investment of ` 10000 in the
Scheme (`)
Benchmark #(`)
Additional
Benchmark ## (`)
11,222
11,629
10,958
Not applicable
Kotak FMP - Series 150 (1109 Days) - Reg - Growth
Scheme
Returns (%) ^
Crisil Short Term
Bond Fund #(%)
CRISIL 1 Year
T-Bill ##(%)
Since inception till Mar 31, 2015
10.95
14.39
8.63
31/03/2014 to 31/03/2015
10.78
10.13
8.55
31/03/2013 to 31/03/2014
N.A
8.79
5.77
31/03/2012 to 31/03/2013
N.A
9.10
8.37
Current Value of Standard Investment of ` 10000 in the
Scheme (`)
Benchmark #(`)
Additional
Benchmark ## (`)
11,117
11,468
10,880
Not applicable
Kotak FMP - Series 141 (454 Days) - Reg - Growth
Scheme
Returns (%) ^
Crisil Short Term
Bond Fund #(%)
CRISIL 1 Year
T-Bill ##(%)
Since inception till Mar 31, 2015
9.34
10.48
8.71
31/03/2014 to 31/03/2015
8.94
10.13
8.55
31/03/2013 to 31/03/2014
N.A
8.79
5.77
31/03/2012 to 31/03/2013
N.A
9.10
8.37
Current Value of Standard Investment of ` 10000 in the
Scheme (`)
Benchmark #(`)
Additional
Benchmark ## (`)
11,039
11,167
10,968
Not applicable
49
OTHER PERFORMANCE
Kotak FMP - Series 149 (386 Days) - Reg - Growth
Scheme
Returns (%) ^
Crisil Short Term
Bond Fund #(%)
CRISIL 1 Year
T-Bill ##(%)
Since inception till Mar 31, 2015
8.99
10.25
8.63
31/03/2014 to 31/03/2015
8.93
10.13
8.55
31/03/2013 to 31/03/2014
N.A
8.79
5.77
31/03/2012 to 31/03/2013
N.A
9.10
8.37
Current Value of Standard Investment of ` 10000 in the
Scheme (`)
Benchmark #(`)
Additional
Benchmark ## (`)
10,912
11,039
10,876
Not applicable
Kotak FMP - Series 85 (3 Years) - Reg - Growth
Scheme
Returns (%) ^
Crisil Short Term
Bond Fund #(%)
CRISIL 1 Year
T-Bill ##(%)
Since inception till Mar 31, 2015
9.16
9.34
7.51
31/03/2014 to 31/03/2015
8.01
10.13
8.55
31/03/2013 to 31/03/2014
8.76
8.79
5.77
31/03/2012 to 31/03/2013
N.A
9.10
8.37
Current Value of Standard Investment of ` 10000 in the
Scheme (`)
Benchmark #(`)
Additional
Benchmark ## (`)
12,979
13,044
12,403
Not applicable
Kotak Gold Fund
Scheme
Returns (%) ^
Since inception till Mar 31, 2015
Physical Gold
Price #(%)
CRISIL 10 Year
Gilt ##(%)
3.81
6.86
6.61
31/03/2014 to 31/03/2015
-10.38
-6.17
14.45
31/03/2013 to 31/03/2014
-4.45
-6.28
-1.00
31/03/2012 to 31/03/2013
3.30
4.80
11.30
Current Value of Standard Investment of ` 10000 in the
Scheme (`)
Benchmark #(`)
Additional
Benchmark ## (`)
11,622
13,056
12,936
Not applicable
N.A stands for data not available. Past Performance may or may not be sustained in future. Note: Point to Point (PTP) Returns in INR show the value of `10,000/- investment
made at inception. Source: ICRA MFI Explorer. For Additional Benchmark (Debt Schemes): classification of schemes in short term & long term is based on the average maturity of the
scheme. # Name of Scheme Benchmark ## Name of Additional Benchmark ^ Past performance may or may not be sustained in the future All payouts during the period have been
reinvested in the units the scheme at the then prevailingNAV. Returns <= 1 year:Absolute; Returns > 1 year:CAGR(CompoundedAnnualised Growth Rate).
50
ABOUT OUR FUND MANAGERS
Name: Mr. Harsha Upadhyaya
Scheme (experience in managing these funds since)
Kotak Opportunities (Aug 1, ‘12), Kotak Select Focus Fund (Aug 1, ‘12)
Business Experience
Mr. Harsha Upadhyaya has 18 years of rich experience spread over Equity Research & Fund Management. His prior stints have been
with companies such as Prabhudas Lilladher Pvt. Ltd, SG Asia Securities, Reliance Group, UTI Asset Management Co. Ltd and DSP
Blackrock
Name: Mr. Harish Krishnan
Scheme (experience in managing these funds since)
Kotak 50 (Nov. 15, ’13), Kotak Infrastructure & Economic Reform Fund (Jan31,'15)
Business Experience
Mr. Harish Krishnan has 9 years of experience spread over Equity Research and Fund Management. Prior to joining Kotak Mutual Fund,
he was based out of Singapore and Dubai, managing Kotak's offshore funds. He has also worked at Infosys Technologies Ltd in his
earlier stint.
Name: Mr. Pankaj Tibrewal
Scheme (experience in managing these funds since)
Kotak Midcap (Jan. 21,‘10) , Kotak Emerging Equity (May 27,'10), Kotak Monthly Income Plan (Dec. 20,‘10)
Business Experience
Mr. Pankaj Tibrewal has more than 6 years experience in fund management area. Prior to joining Kotak AMC, he was in the fund
management team of Principal PNB Asset Management Private Ltd.
Name: Mr. Emmanuel Elango
Scheme (experience in managing these funds since)
Kotak Classic Equity (Sep. 1, ‘08), Kotak Balance (Jul. 11, ‘11)
Business Experience
Mr. Emmanuel Elango’s association with the AMC has been since July 2008. Mr. Elango started his career as a Designer Engineer with
Bosch. After his management studies, Mr. Elango has also worked with JP Morgan and Franklin Templeton AMC in India. His total
experience is 10 years.
Name: Mr. Deepak Gupta
Scheme (experience in managing these funds since)
Kotak Equity Arbitrage (Sept.1,‘08), Kotak Asset Allocator Fund (Earlier Know as Kotak Equity FOF) (Sept.1,‘08), Kotak Global
Emerging Market Fund (Apr.4,‘11), (Dedicated fund manager for over seas investment), Kotak Tax Saver (Sept.10,’13), Kotak Multi
Asset Allocation Fund (Sept.10,’13), Kotak Equity Savings Fund (Oct. 13, '14), Kotak World Gold Fund (Jan.31,’15), Kotak US Equity
Fund (Jan.31,’15), Kotak Low Duration Fund (Jan. 31, ’15), Kotak Corporate Bond Fund (Jan. 31, ’15), Kotak PUS Bank ETF (Nov. 8,
’07), Kotak SENSEX ETF (Jun. 6, ’08), Kotak NIFTY ETF (Feb. 8, ’10), Kotak Banking ETF (Dec. 11, ’14)
Business Experience
Mr. Deepak Gupta has 8 years of experience in the mutual fund industry and 5 years of experience in fund management related areas.
Performance of top 3 and bottom 3 schemes of the Fund Manager
Fund Manager
Top 3
Bottom 3
Mr. Deepak Gupta
Kotak Taxsaver
Kotak Nifty ETF
Kotak Asset Allocator Fund
Kotak Equity Arbitrage Fund
Kotak Global Emerging Market Fund
Kotak World Gold Fund
Refer Page No.
9
37
32
14
34
35
51
Name: Mr. Abhishek Bisen
Scheme (experience in managing these funds since)
Kotak Balance (Apr. 15, 2008), Kotak Monthly Income Plan (Apr. 15, 2008), Kotak Bond Short Term (Apr 15, 2008), Kotak Bond (Plan
A) (Apr. 15, 2008), Kotak Banking and PSU Debt Fund (Apr 15, 2008), Kotak Gilt Investment (Regular & PF-Trust) (Apr. 15, 2008), Kotak
Flexi Debt (Apr. 15, 2008), Kotak Treasury Advantage Fund (Formerly Known as Kotak Floater Long Term Scheme) (Apr. 15, 2008)
Kotak Floater Short Term (Apr. 15, 2008), Kotak Liquid (Regular, Institutional & Plan A) (Apr. 15, 2008), Kotak Income Opportunities
Fund (May 11, '10), Kotak Global Emerging Market Fund (Apr. 15, ‘08), Kotak Multi Asset Allocation Fund (Jan. 21, ’11), Kotak
Medium Term Fund (Mar. 21, ’14), Kotak Equity Savings Fund (Oct. 13, '14), Kotak Low Duration Fund (Jan. 31, ’15), Kotak Corporate
Bond Fund (Jan. 31, ’15), Kotak Gold ETF (Jul. 27, ’07)
Business Experience
Mr. Abhishek Bisen has been associated with the company since October 2006 and his key responsibilities include fund management
of debt schemes. Prior to joining Kotak AMC, Abhishek was working with Securities Trading Corporation Of India Ltd where he was
looking at Sales & Trading of Fixed Income Products apart from doing Portfolio Advisory. His earlier assignments also include 2 years of
merchant banking experience with a leading merchant banking firm.
Performance of top 3 and bottom 3 schemes of the Fund Manager
Fund Manager
Top 3
Bottom 3
Mr. Abhishek Bisen
Kotak Balance
Kotak Gilt Investment PF & Trust Plan
Kotak Monthly Income Plan
Kotak Global Emerging Market Fund
Kotak Gold ETF
Kotak Gold Fund
Refer Page No.
13
29
30
34
36
47
Name: Mr. Deepak Agrawal
Scheme (experience in managing these funds since)
(Kotak Bond Short Term (Apr. 14, ’08), Kotak Flexi Debt (Jul. 11, ‘07), Kotak Floater Short Term (Jul. 11, ‘07), Kotak Liquid (Jul. 11, ‘07),
Kotak Bond (Plan A ) (Apr. 14, ’08), Kotak Kotak Banking and PSU Debt Fund (Apr. 14, ’08), Kotak Gilt - Investment & PF-Trust Plan (Apr.
14, ’08), Kotak Treasury Advantage Fund (Formerly Known as Kotak Floater Long Term Scheme) (Jul. 11, ’07), Kotak Income
Opportunities Fund (May 11, '10), Kotak Medium TermFund (Mar. 21, ’14)
Business Experience
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
Performance of top 3 and bottom 3 schemes of the Fund Manager
Fund Manager
Top 3
Bottom 3
Mr. Deepak Agrawal
Kotak Gilt Investment PF & Trust Plan
Kotak Gilt - Investment Regular Plan
Kotak Bond Scheme - Plan A
Kotak Banking and PSU Debt Fund
Kotak Floater - Short Term Plan
Kotak Liquid Scheme - PlanA
Refer Page No.
29
29
28
21
19
18
Name: Mr. Mayank Prakash
Scheme (experience in managing these funds since)
All Fixed Maturity Plans (FMPs), All Quarterly Interval Plans (QIPs)
Business Experience
Mr. Mayank Prakash has been associated with the company since September 2005. He has 4 years of experience in fund management
related areas.
Performance of top 3 and bottom 3 schemes of the Fund Manager
Fund Manager
Top 3
Bottom 3
Mr. Mayank Prakash
Kotak FMP - Series 131 (1061 Days)
Kotak FMP - Series 140 (1095 Days)
Kotak FMP - Series 150 (1109 Days)
Kotak FMP - Series 141 (454 Days)
Kotak FMP - Series 149 (386 Days)
Kotak FMP - Series 85 (3 Years)
Refer Page No.
49
49
49
49
50
50
52
Details of exposure across all Debt Funds of Kotak Mahindra Mutual Fund as on 30th April 2015
Issuer Name
%age of Exposure
to Debt AUM $
Adani Port and Special Economic Zone Limited
Adani Power Ltd
Aditya Birla Finance Ltd.
Aditya Birla Money Ltd
Airports Authority of India
Andhra Bank
Au Financiers (India) Limited
AXIS Bank Ltd.
Bajaj Electricals Ltd
Bajaj Finance Limited
Bank Of Baroda
Bank of India
Bank of Maharashtra
Bharat Alluminum Co. Ltd.
Canara Bank
Central Bank Of India
Central Government
Cholamandalam Investment and Finance Company Ltd
Corporation Bank
Dalmia Bharat Ltd
Deepak Fertilizers & Petrochemicals Corp Ltd
Dena Bank
Dewan Housing Finance Corporation Ltd.
DLF Emporio Ltd
ECL Finance Limited
Edelweiss Commodities Services Ltd.
Edelweiss Financial Services Limited
Edelweiss Housing Finanance Limited
Emami Enclave Markets Pvt Ltd.
Export-Import Bank of India.
Fullerton India Credit Co. Ltd.
GE Capital Services India.
Gerah Enterprises Private Limited
GSPC Distribution Networks Ltd.
Haldhar Developers Private Limited
HDB Financial Services Ltd.
HDFC Bank Ltd.
HDFC Ltd.
Hero FinCorp Ltd.
Hero Realty Ltd
Hindalco Industries Ltd.
Hinduja Leyland Finance Ltd.
HPCL Mittal Energy Ltd.
HPCL Mittal Pipelines Ltd.
ICICI Bank Ltd.
ICICI Home Finance Company Limited
IDBI Bank Ltd.
IDFC Limited
India Infoline Finance Limited
India Infoline Housing Finance Ltd.
India InfraDebt Ltd
Indiabulls Housing Finance Limited
Indian Bank
Indian Overseas Bank
Indian Railway Finance Corporation Ltd.
Indostar Capital Finance Private Limited
IndusInd Bank Ltd.
Infrastructure Leasing & Financial Services Limite
ING Vysya Bank Ltd
Inox Air Products Ltd.
IOT Utkal Energy Services Ltd.
Janalakshami Financial Services Pvt Ltd.
JM Financial Asset Reconstruction Co. Pvt. Ltd
JM Financial Products Limited
Jyothy Laboratories Limited
Kal Airways Pvt Ltd.
Karur Vysya Bank Ltd.
Kotak Mahindra Bank Ltd.
Kotak Mahindra Prime Ltd.
0.35%
0.48%
0.02%
0.08%
0.08%
2.36%
0.47%
1.47%
0.08%
0.83%
0.85%
0.67%
0.73%
0.40%
0.78%
0.54%
17.99%
0.38%
0.73%
0.79%
0.32%
1.00%
0.64%
0.32%
0.08%
0.87%
2.50%
0.34%
0.12%
2.29%
0.00%
0.12%
0.64%
0.04%
0.32%
1.11%
0.50%
6.25%
0.08%
0.56%
0.00%
0.63%
1.39%
0.69%
0.25%
0.47%
1.62%
0.37%
0.88%
0.08%
0.08%
0.37%
0.49%
1.43%
0.02%
0.17%
0.64%
0.03%
0.46%
0.02%
0.44%
0.32%
0.32%
0.19%
0.18%
0.64%
0.77%
0.03%
0.77%
%age of Exposure
to Debt AUM $
Issuer Name
L & T Finance Limited
Lands End Properties Private Limited
Larsen & Toubro Shipbuilding Ltd.
LIC Housing Finance Ltd.
Mahindra & Mahindra Financial Services Ltd.
Manappuram Finance Ltd
Mandava Holdings Private Limited
Nabha Power Ltd.
National Bank for Agriculture and Rural Developmen
National Housing Bank
National Thermal Power Corporation Ltd.
NHPC Limited
North Easetern Electric Power Corpn Ltd.
Oriental Bank of Commerce
Peninsula Land Limited
Piramal Enterprises Limited
PNB Housing Finance Ltd.
Power Finance Corporation Ltd.
Power Grid Corporation of India Ltd.
Punjab & Sind Bank
Punjab National Bank
Ratnakar Bank Ltd
Raymond Ltd.
Reliance Capital Ltd.
Reliance Jio Infocomm Limited
Reliance Media Works Limited
Reliance Ports And Terminals Limited
Reliance Utilities And Power Private Limited
Religare Finvest Ltd.
Rural Electrification Corporation Ltd.
S D Corporation Private Limited
Sadbhav Engineering Ltd.
Sahyadri Agencies Ltd
SBK Properties Pvt Ltd.
Sesa Sterlite Ltd.
Shapoorji Pallonji and Company Private Limited
Shivprasad Realty Pvt Ltd
Shriram City Union Finance Ltd.
Shriram Transport Finance Co Ltd.
Sneha Abasan Pvt Ltd
Sneha Enclave Pvt Ltd
Standard Chartered Bank Ltd
State Bank of Bikaner & Jaipur
State Bank of Hyderabad
State Bank Of India.
State Government
Steel Authority of India Ltd.
Sundaram BNP Paribas Home Finance Ltd
Sundaram Finance Ltd.
Syndicate Bank
Talwandi Sabo Power Limited
Tamil Nadu Generation & Distribution Corporation L
Tata Capital Financial Services Limited
Tata Capital Housing Finance Ltd;
Tata Motors Finance Ltd
TATA MOTORS FINANCE SOLUTIONS PRIVATE LIMITED
Tata Motors Ltd.
Tata Power Company Ltd.
Tata Sons Ltd.
The South Indian Bank Ltd.
UCO Bank
Ultratech Cement Ltd.
Vardhman Textiles Ltd.
Vijaya Bank
Vizag General Cargo Berth Private Limited
Vodafone India Limited
YES Bank Ltd.
CCIL
Industry / Sector
BANKS
CASH (CBLO / REVERSE REPO)
CORPORATES
FINANCIAL SERVICES
GOI / TBILLS
NBFC
Real Estate
0.02%
0.34%
0.72%
0.76%
0.58%
0.20%
0.56%
1.10%
0.46%
0.35%
0.00%
0.02%
0.28%
1.88%
0.18%
0.24%
0.02%
2.86%
0.39%
0.55%
0.06%
0.48%
0.29%
0.94%
0.71%
0.04%
0.01%
0.23%
0.55%
1.41%
0.16%
0.32%
0.20%
0.38%
2.10%
1.27%
0.17%
0.24%
0.10%
0.10%
0.06%
0.00%
0.32%
0.16%
0.05%
1.76%
0.14%
0.13%
0.56%
0.32%
0.47%
0.28%
0.77%
0.78%
0.15%
1.54%
0.05%
0.58%
0.13%
0.64%
1.77%
0.16%
0.16%
2.68%
0.03%
0.01%
0.02%
3.13%
%age of Exposure
to Debt AUM $
24.23%
3.13%
17.10%
18.17%
19.75%
14.81%
2.82%
$ - includes Hybrid schemes - debt scheme schemes having equity exposure
53
DIVIDEND HISTORY
Equity Schemes
Kotak Equity Arbitrage Fund
Record Date
Mar-23-15
Feb-23-15
Jan-27-15
Dec-22-14
Nov-24-14
Oct-27-14
Sep-22-14
Aug-25-14
Jul-28-14
Jun-23-14
May-26-14
Apr-21-14
Mar-24-14
Feb-24-14
Jan-27-14
Dec-23-13
Nov-25-13
Oct-28-13
Sep-23-13
Aug-26-13
Jul-22-13
Jun-24-13
May-27-13
Apr-22-13
Mar-25-13
Feb-25-13
Jan-28-13
Cum Dividend NAV
10.7982
10.8192
10.8072
10.7859
10.7763
10.8089
10.7681
10.7805
10.7879
10.7678
10.7809
10.7453
10.7300
10.7458
10.7749
10.7455
10.7341
10.7801
10.7342
10.7433
10.7226
10.7642
10.7651
10.7746
10.7573
10.7581
10.7688
`/Unit
0.0577
0.0754
0.0783
0.0592
0.0576
0.0863
0.0477
0.0616
0.0769
0.0738
0.0921
0.0712
0.0671
0.0704
0.1022
0.0851
0.0737
0.1073
0.0736
0.0818
0.0599
0.0737
0.0820
0.0738
0.0656
0.0697
0.0817
Kotak 50 - Dividend
Record Date
Cum Dividend NAV
`/Unit
Kotak Opportunities
Record Date
Cum Dividend NAV
Aug-25-14
Sept-28-05
Nov-11-11
May-28-10
Sept-8-09
Mar-14-08
Jan-25-08
Sept-28-07
Sept-27-06
Mar-21-06
Feb-25-05
`/Unit
21.411
16.816
13.682
14.625
14.733
16.975
27.090
24.293
17.745
21.783
12.852
1.00
1.00
0.50
1.00
1.50
2.00
6.00
3.00
1.50
4.50
0.75
Kotak Midcap
Record Date
Cum Dividend NAV
Feb-27-15
Feb-28-14
Feb-28-11
Feb-19-10
Apr-28-06
Aug-24-05
`/Unit
30.866
17.731
15.638
16.064
19.438
13.027
1.00
1.00
1.50
1.50
4.00
0.50
Kotak Tax Saver
Record Date
Cum Dividend NAV
Dec-30-14
Nov-28-14
Feb-08-08
Feb-20-07
Dec-12-14
42.959
1.00
Feb-07-14
30.575
1.00
Kotak Emerging Equity
Feb-04-13
32.190
1.00
Record Date
Feb-29-12
28.687
1.00
Jan-27-11
31.317
2.00
Apr-28-15
May-02-14
May-02-13
Apr-29-11
`/Unit
17.542
18.180
15.189
11.640
Cum Dividend NAV
0.10
0.50
3.50
3.00
`/Unit
21.499
13.073
11.491
10.573
2.10
0.50
0.50
0.75
Jan-22-10
31.036
3.00
Mar-30-09
20.021
1.00
Feb-28-08
39.091
3.00
Jan-11-08
51.399
6.00
Kotak Asset Allocator Fund (Earlier Know as
Kotak Equity FOF)
July-20-07
38.870
3.00
Record Date
Dec-27-06
38.556
5.50
Dec-27-05
27.711
1.00
Jun-03-05
20.345
1.00
May-02-14
May-02-13
Apr-29-11
Nov-05-04
18.060
1.50
Jan-31-04
21.093
5.00
Oct-20-03
18.983
2.00
Dec-28-01
11.036
1.00
Oct-09-00
17.556
2.00
Jul-25-14
Jan-23-14
Jul-31-12
13.073
11.491
10.573
`/Unit
0.50
0.50
0.75
Kotak Select Focus
Record Date
Sept-26-14
Oct-15-10
Cum Dividend NAV
17.791
12.850
`/Unit
1.00
1.25
Kotak Equity Saving Fund - Monthly Dividend Option
Kotak Classic Equity
Record Date
Cum Dividend NAV
Cum Dividend NAV
18.227
19.202
15.413
`/Unit
Record Date
1.00
4.30
1.00
Apr-13-15
Mar-12-15
Feb-27-15
Jan-12-15
Cum Dividend NAV
10.613
10.540
10.482
10.335
`/Unit
0.050
0.040
0.019
0.075
54
ETF SCHEMES
Hybrid Schemes
Kotak Balance
Record Date
Mar-25-15
Sep-25-14
Mar-25-14
Sep-30-13
Mar-25-13
Sep-27-12
Mar-26-12
Sept-27-11
Mar-28-11
Sept-29-10
Mar-25-10
Sept-25-09
Mar-25-08
Sept-25-07
Sept-27-06
Mar-27-06
Dec-12-05
May-16-05
Kotak PSU Bank ETF
Cum Dividend NAV
18.641
17.145
19.732
18.252
22.823
22.962
21.733
20.634
22.476
24.617
23.753
23.555
25.629
28.078
22.870
26.645
22.232
18.129
`/Unit
3.00
0.50
4.85
0.50
4.70
0.50
0.50
0.50
0.50
0.75
2.00
1.00
4.00
2.00
1.00
3.50
1.00
0.75
Record Date
Nov-21-14
Feb-21-13
Cum Dividend NAV
428.2343
358.8668
`/Unit
19.00
0.20
Kotak SENSEX ETF
Record Date
Nov-21-14
June-18-13
Cum Dividend NAV
290.4602
201.3164
`/Unit
6.00
7.00
Kotak Nifty ETF
Record Date
Nov-21-14
Jan-21-14
May-06-13
Cum Dividend NAV
858.2720
643.6753
613.1266
`/Unit
9.50
11.00
11.00
Kotak Monthly Income Plan - Monthly Dividend
Record Date
Cum Dividend NAV
Apr-13-15
12.5341
Mar-12-15
12.5409
Feb-12-15
12.5529
Jan-12-15
12.4534
`/Unit
Individual/ HUF: 0.0670
Others: 0.0620
Individual/ HUF: 0.0590
Others: 0.0547
Individual/ HUF: 0.0609
Others: 0.0565
Individual/ HUF: 0.0607
Others: 0.0563
Kotak Monthly Income Plan - Quarterly Dividend
Record Date
Cum Dividend NAV
Mar-20-15
13.2926
Dec-22-14
13.1472
Sep-22-14
12.8167
June-20-14
12.4865
`/Unit
Individual/ HUF: 0.1644
Others: 0.1524
Individual/ HUF: 0.1681
Others: 0.1558
Individual/ HUF: 0.1823
Others: 0.1746
Individual/ HUF: 0.1673
Others: 0.1602
55
NOTES
56
RISK FACTORS
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
Disclaimer on market outlooks:
The outlook provided is only a subjective understanding of an uncertain market phenomena, which may or may not
occur, and may also not have any effect on the performance of the scheme, clement or otherwise. This outlook
should not be construed as a reason for investment into the scheme based on prospect of future performance, which
may not accrue as anticipated by the statement.
SERVICES & FACILITIES
Network of Transaction Acceptance Points: Submit transaction requests at your convenience across our 27 Investor Service Centres and 171 Transaction
Points of CAMS. (To locate these, visit the “Contact Us” section on our website, http://assetmanagement.kotak.com)
Electronic Credit of Dividends and Redemption Proceeds: Now get your dividend payouts and redemption proceeds paid directly into your bank account
with any bank, provided the same is connected under Core Banking System of RBI. Ensure your complete core banking account details are updated at our end.
Systematic Investments, Withdrawals and Transfers: Our Systematic Investment Facility provides you with the option of investing a fixed amount over a
period of time, in a disciplined manner. Through this process, you benefit from Rupee Cost Averaging (buying more Units at lower NAV), and avoid the
uncertainties involved with trying to time the market. Through our Systematic Withdrawal Facility, withdraw fixed amounts, or the entire appreciation on your
investment, in any scheme periodically and benefit by averaging out on market fluctuations. To systematically transfer investments from one Kotak scheme to
another, try our Systematic Transfer Facility. This tool also helps you manage your investment portfolio among Kotak Mutual Schemes, in line with your asset
allocation plan.
Dividend Transfer Plan: Avail of the facility to transfer your dividend proceeds from one scheme to another. This facility is available for physical units held by an
investor under the Dividend Options (other than Daily Reinvestment Sub-option) of all open ended Schemes of Kotak Mahindra Mutual Fund.
Internet Transaction: Invest Online. Hassle-free transaction processing at your fingertips. You can now purchase, switch, redeem and invest in NFO,
electronically through our Internet Transaction Facility. You can also view/ download your account statement at any time. This facility has been extended to new
investors of Kotak Mutual Fund as well. You need not be an existing investor of Kotak Mutual Fund to transact online. New investor just need to log onto to our
Internet Transaction Portal & start investing. For more details please log on to: assetmanagement.kotak.com
Mobile Transaction: Have the convenience of transacting, on the go! Use the Kotak Mutual Fund Mobile App for transacting. You can simply download this
app from your App Store (Google Play, Windows 8 or Ios) and use the Internet transaction PIN to start transacting.
E-mail Communication: Opt in for value-added information through e-mail, Daily NAV and Dividend Updates, Monthly Updates and more. You can also receive
your account statement and your transaction confirmation details by updation of your email address at our end. To update your email address, you just need to
give a call on 1800 222 626 (toll-free) from your registered contact number, and your email address will be recorded after due verification.
Website Utilities: Plan and track your investments better. Use our “Risk Profiler” to assess your risk appetite, “Life goal planner” to know the future value of
your financial goals and the funds that you need to invest per month to fulfill these goals, and our “SIP-O-Meter” to know how much returns SIP can generate
for you. Just log on to our website (assetmanagement.kotak.com) and access all these facilities.
For details contact us at:
KOTAK MAHINDRA ASSET MANAGEMENT COMPANY LIMITED
6th Floor, Kotak Infiniti, Building No. 21, Infinity Park, Off Western Express Highway, Gen. A. K. Vaidya Marg, Malad (East),
Mumbai – 400 097. Tel.: 91-22-6638 4400 Fax: 91-22-6638 4455 E-mail: [email protected] Website: assetmanagement.kotak.com
Corporate Office of Asset Management Company: 3rd floor, Sheil Estate Building, Dani Corporate Park, 159-A, C S T Road, Kalina, Santacruz (E),
Mumbai – 400 098.
Contact Details
Agra: 0562-4009647
Ahmedabad: 079-26779888/ 26766077
Ajmer: 0145-2628881
Aligarh: 0571-6453223
Allahabad: 0532-6456177
Ambala: 0171-6451570/71
Amritsar: 0183-6575777/ 6576777
Anand: 02692-650281
Aurangabad: 0240-6611189
Bangalore: 080-66128050/ 51
Bareilly: 0581-6452934
Bhavnagar: 0278-2569511
Bhilai: 0788-2225385
Bhopal: 0755-6461018
Bhubaneshwar: 0674-6510250/9583340099
Bhuj: 02832-653976
Calicut: 495-6576552
Chandigarh: 0172-4671885/ 5049476
Chennai: 044-28221333/ 45038171
Cochin: 0484-6533110/ 4064646
Coimbatore: 422-6572165
Cuttack: 0671-6510166/ 9776000093
Dehradun: 135-2742900/ 6453000
Dhanbad: 0326-6450798/09709157970
Durgapur: 0343-6456038/ 2544609
Goa: 0832-6650490
Gorakpur: 0551-2204127
Gurgaon: 0124-6464077
Guwahati: 0361-2734784
Hubli: 0836-6450140
Hyderabad: 040-66178140/ 41/ 42
Indore: 0731-6453390
Jaipur:141-6503339/ 2373879
Jalandhar: 0181-2233481
Jalgaon: 0257-2237131/ 32
Jammu: 0191-2470779
Jamnagar: 0288-6540129
Jamshedpur: 0657-2317041/6543474/
9570000685
Jodhpur: 0291-2630625
Kanpur: 0512-6454641/ 2541017
Kolhapur: 0231-6610390/ 91
Kolkata: 033-22822411/ 12/ 13/ 14
Kottayam: 0481-6452922
Lucknow: 522-4021168/ 4021169
Ludhiana: 0161-4646602/ 4646604
Mangalore: 0824-6452006
Meerut: 0121-4007753
Mumbai: 022-66384400
Mumbai: (Thane): 022-65970185/ 186
Muradabad: 0591-6456667
Mysore: 0821-6541192
Nagpur: 0712-2425052/8577
Nashik: 253-6574255
New Delhi: 011-66306900/ 02
Panipat: 0180-2632062
Patiala: 0175-6451766
Patna: 0612-6451120
Pondicherry: 9962029229
Pune: 020-25666778/ 25666779
Raipur: 0771-4270917
Rajkot: 0281-6620735
Ranchi: 0651-6454629/ 2332274/
9709001533
Rourkela: 0661-6450114/ 9776640098
Salem: 0427-6450115
Shimla: 0177-6451211/ 2807911
Silliguri: 0353-2522012
Surat: 0261-6450004/ 6536677
Trichur: 0487-2430115
Trichy: 0431-6460668
Trivandrum: 0471-4470134
Udaipur: 0294-6451094
Vadodara: 0265-6533957/ 6560167
Vapi: 260-6534863/ 260-6453920
Varanasi: 0542-6456985
Vijayawada: 0866-6459930
Vishakapatnam: 0891-6452145
57
58
To know more about mutual funds, Visit: assetmanagement.kotak.com
Toll Free Number : 1800 222 626 | For daily NAVs: Call 022-66384400