Factsheet - Citibank

Transcription

April 30, 2016
se investment ke
returns ko miley
hain full marks.
EXPERT SPEAK
Mr. Nilesh Shah
April 30, 2016
Dear Friends,
Investing in equities is a positive sum game. In simple terms, it means that over a long period of time, a steady investor has a far higher possibility
of positive payoffs than negative. In fact, if history is any indicator, then with a 15 year time horizon, the possibility of negative returns is almost
zero. In other words, a 15 year investor in Sensex would have never lost his capital and may have also made (averagely) a return of around
14.5%.
Risk Return Tradeoff of Sensex
Particulars
5 yr returns
Positive Returns nos of days
5106
Negative Returns nos of days
516
Total Opportunities
5622
Average Return
16.0
Return-Risk Tradeoff
989.53%
Source: ICRA. Returns Annualised
10 yr returns
3872
27
3899
16.2
14340.74%
15 year returns
2719
0
2719
14.5
N.A
Yet still, on a bad market day (or month), the complainants of equity market far overwhelm the main discourse. That is because the reason
behind the issue is more behavioural and psychological. Humans tend to grieve more for a loss than to rejoice over a similar amount of gain. In
other words, fear tends to be a stronger emotion than greed for a similar figure. Though this behaviour came in handy surviving in the wild
Savannah and Serengeti millions of years ago, it is not appropriate for the Wall and Dalal street of today.
For that reason, successful investing is increasing being seen as a Zen practice. A fund manager has to increasingly look inward to ascertain the
emotion driving the logic. A whole new stream of investing discipline has opened up, called as behavioural finance. This discipline seeks to
combine psychology with finance.
If one were to adhere to the teaching of successful fund managers such as Warren Buffet, Charles Munger, Seth Klarman, one would conclude
that investing is increasingly like a Zen practice.
In his recent letter to his investors, Klarman went ahead and furnished the mental discipline required for investing success. As per him, a fund
manager is expected to bring in hardwork, endless discipline, steely resolve and high patience to the job. Success still remains unguaranteed but
odds can be improved if the investor has the right philosophy, right mind-set, right process, right team, right investors, and right culture at the
table. To state paradoxically, a fund manager is to have an arrogance of action and the humility of a student.
Having been a fund manager myself, I can say this with some degree of confidence that these prescriptions are more than true. At fund
manager level, almost everybody has a high level of IQ. But what differentiates a winner from the average is EQ (Emotional quotient) & SQ
(spiritual quotient). But we underappreciate this investment function.
For a thought experiment, remove the fund manager and AMC business from the society and imagine the investing scene. In such a scenario
everybody is expected to be his/her own direct fund manager. Imagine the scale of stress, confusion, costly mistakes and missed opportunities.
This would lead to very few wealth stories and a large impoverishment.
The point is that an AMC and a fund manager serve a critical social and economic function. A fund manager, for a few basis points, assumes a
hard professional responsibility, a regulatory and auditory oversight, and fiduciary risk of his investors. In turn, this fund manager provides
wealth creating potential and relative social opportunity to the investor. Not a hard bargain I say.
Regards,
Nilesh Shah
Managing Director
1
EQUITY VIEW
INDIA: Macro remains strong; global cues drive markets
I Indian equity markets continued their up-move in the month of April 2016 even while a part of the gains were eroded as the Bank of Japan kept its monetary stimulus package
unchanged. As we discussed in the report last month, the rally in oil prices and the related weakening in the US Dollar, have been the key reasons for the transition from a global risk
off to risk on trade since mid-February. The large cap Nifty 50 rose 1.43% while the Nifty Midcap 100 Index rose 3.47% (INR terms). FIIs (Foreign Institutional Investors) were net
buyers in Indian equity markets to the tune of USD1.3Bn. One trend to watch out for will be the quantum of flows from the Domestic Institutional investors (DIIs) who have been
supporting the market for most of the last calendar year. In the month of April, the DIIs were net sellers to the tune of USD86mn.
We are constructive on the domestic macro economic and earnings recovery cycle over FY17-18E. The market is keenly watching the Q4FY16 earnings season which is underway and
has been largely encouraging so far with numbers slightly above estimates on an aggregate basis. Retail private sector banks have reported strong numbers with loan growth
significantly above industry average. Companies linked to the rural economy have also shown initial signs of pick up in activity. Corporate banks continue to see asset quality stress and
this would be a key factor to watch out for in FY17. Technology companies have however been grappling with slowdown in growth (in a seasonally weak fourth quarter) along with
pressures on margins (despite INR weakness), which we believe is reflective of changing business dynamics in the sector.
Overall, we remain positive on equity markets on the back of improvement in macro economic growth (with the initial forecast of a normal monsoon), lower interest rates and
improvement in corporate earnings trajectory. However, the run up in stock prices in the last couple of months imply that valuations for the market are now in fair zone and earnings
growth trajectory has to improve from here on. The Nifty is now trading at 17.4xFY17E EPS and 14.4xFY18E EPS (free float basis).
Passage of key legislation could provide a positive trigger
On the domestic front, the Union Parliament is in session (April 20-May 8th) and the focus is on the passage of key legislation. The Parliament passed the MMDR (Mines and Minerals
Development and Regulation) Act which paves the way for transfer of captive mines in the country without the need for auction. The Joint Parliamentary Committee on Insolvency and
Bankruptcy Code has submitted its report, which would lead to the clearance of the Bankruptcy bill by the Parliament. The bill adds to measures initiated by the government to deal
with the problem of NPAs (Non Performing Assets) of banks. The Sarfaesi (Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest) Act and Debt
Recovery Tribunal (DRT) Act have also been amended to make recovery process more efficient.
RBI changes liquidity stance; to remain accommodative in FY17; expect a further 25bps cut in policy rates
While RBI cut key policy rates at the Monetary Policy meeting (held on April 5th) by 25bps largely in line with expectations, the key highlight was the change in stance on liquidity. We
believe that the revised liquidity framework paves way for easier liquidity conditions and smoother monetary policy transmission over the medium term. Further, the reduction in cash
balances of the central government with the RBI would also help in easing liquidity. We expect another 25 bps cut in policy rates, likely in H2CY16. This would however be dependent
on the monsoon and the inflation trajectory.
RBI announced a few key changes in its liquidity management framework. These include:
Moving liquidity deficit towards neutral: RBI seeks to lower the average liquidity deficit in the system closer to neutral. This is a significant shift in RBI s stance and we believe that
as this is achieved over time, it will help in reducing the banks cost of funding at the margin and help in better transmission in the form of lower lending rates.
Narrowing the policy rate corridor: The policy rate corridor (repo-reverse repo spread) reduced to 50 bps from 100 bps with repo rate at 6.5%. With the MSF (Marginal Standing
Facility) rate at 7% and reverse repo at 6%, this spread is reduced to 100 bps from 200 bps earlier. These steps should ensure that the weighted average call rate is more aligned to the
repo rate.
Short-term liquidity and durable liquidity management: RBI clarified that it intends to meet requirements of durable liquidity (through reserve money creation) first and then
fine-tune short-term liquidity (through term repos/reverse repo). This brings back the focus on the use of OMOs (Open Market Operations) along with FX intervention strategies. This is
in contrast to the strategy adopted by the central bank so far.
Daily CRR maintenance: Reduction of the minimum daily CRR maintenance to 90% from 95% of the requirement. This will help banks in managing daily liquidity needs better and
avoid resorting to market borrowings at the margin.
Global monetary policy at the forefront; BoJ surprises by keeping asset purchase target unchanged
The month of April 2016 saw almost all the large central banks meeting. While the actions by the US Federal Reserve and the ECB (European Central Bank) were largely along anticipated
lines, the BoJ (Bank of Japan) surprised by keeping its asset purchase programme unchanged.
The US Federal Reserve voted to keep the policy rates unchanged while maintaining the accommodative stance, thereby supporting further improvement in labour market conditions and
a return to 2% inflation. It also mentioned that economic conditions would likely evolve in a manner, which would warrant gradual increases in the policy rate. The FOMC would also
closely monitor indicators and global economic and financial developments. The recent soft economic data from the US has renewed the expectations of a continued dovish stance by the
US Fed and the probability of a US Fed rate hikes in CY2016 has reduced considerably. At this point we are building in 2 rate hikes in the second half of the year.
The ECB left its benchmark rates unchanged at 0%, deposit rates at (-)0.4% and asset purchases of EUR80Bn on a monthly basis at its meeting, in line with market expectations. ECB
President stated that interest rates are expected to be at present levels or lower for extended period of time even beyond QE (Quantitative Easing) horizon. QE will run until at least Mar
2017 and until sustained inflation adjustment is seen.
While expectations were that that the Bank of Japan would provide more monetary stimulus, they decided against it. The Bank of Japan (BoJ) kept its asset purchase target unchanged at
JPY80Trn a year and continued with the (-)0.1% rate charged on some commercial bank deposits. The only change in the policy was provision of aid to areas devastated by the recent
quakes. The thought process was that it is better to assess the impact of negative rates on the economy. While this was initially a dampener for markets, it does not rule out any further
expansionary monetary policy if the situation so demands.
Normal monsoon expectations bode well for equity markets
The Indian Meteorological Department (IMD) forecasts that s the June-September monsoon would be at 106% of LPA (Long Period Average), which qualifies as above normal
southwest monsoons. The IMD noted that El Niño conditions will likely weaken towards the first half of the monsoons. SkyMet, an independent agency, has forecast monsoon at 105%
of LPA with 35% probability of above normal rainfall, 30% of normal rainfall, 20% of excess rainfall, 10% of below normal rainfall, and 5% of drought.
While it is premature to conclude on effects of normal monsoons on growth and prices, but after two consecutive weak monsoons, a normal monsoon will provide much respite to the
rural sector. This together with the steps being taken by the government to boost the rural economy augurs well for rural consumption, which has been stagnating. Overall we do expect
that consumption would be a key driver of GDP growth recovery (from an aggregate expenditure side) in FY17/18E. The fillip to urban consumption as an outcome of the 7th Pay
Commission would aid the economic recovery. At this point, we are building in real GDP growth at 7.3%/7.6% in FY16E/FY17E. A normal monsoon could boost agricultural growth (visà-vis our projections) and boost overall GDP in FY17E.
Key Variables
Short - Medium - Remarks
term
term
Economy
Improving growth, falling inflation
Corporate Earnings
Improving operating leverage, falling interest costs
and improvement in working capital can accelerate
earnings, but a bit back-ended (FY17)
FII Flow
India stands out among global asset classes, with
faster EPS growth & improving macro-economic
variables, however it is over-owned by FII and any
near-term risk-off environment impacts Indian flows
DII Flow
Focus on improving financial savings of households
Supply of paper
Higher disinvestment target and repair of leveraged
balance sheet to create supply in markets
Interest Rates
Fall in interest rates to help revive demand and
reduce stress for companies with significant debt
Policy/Reform
Initiative
GST is key reform for government to focus on; if it
gets passed, can provide a significant fillip
2
DEBT VIEW
Items
Reverse Repo
Repo
CRR
SLR
Mibor Overnight
Call(O/N)
CBLO
1 yr T Bill
10 G Sec
5 Year AAA
USD/INR
Source: RBI; ICRAonline.
Apr-16
6.00%
6.50%
4%
21.25%
6.57%
6.55%
5.37%
6.88%
7.44%
8.08%
66.52
Mar-16
5.75%
6.75%
4%
21.50%
9.00%
9.36%
7.38%
7.06%
7.46%
8.31%
66.33
Change
25bps
-25bps
Nil
-25 bps
-243 bps
-281 bps
-201 bps
-18 bps
-2 bps
-23 bps
19 paise
Key Events:
RBI cut its key interest rate the repo rate-- to a five-year low of 6.5%, a move that should eventually lead to lower borrowing cost. RBI has stated its
intention to bring the liquidity deficit in the system to neutral - implying an infusion of around Rs 70,000-100,000 crs over a period of time
CPI inflation softened to a six-month low of 4.8% in March 2016 from 5.3% in February 2016, driven by lower food and fuel price inflation. India's annual
wholesale inflation rose a tad to (-) 0.85% for March from (-)0.91% in the month before, while still remaining in the negative zone for the 17th straight
month.
India's exports declined for the 16th month running in March to US$22.72 billion, down 5.47% on YoY basis, whereas imports have also declined to
US$27.78 billion down 21.56% Y-o-Y. The trade deficit for March was at record low of US$ 5.07 billion v/s US$ 11.39 billion reported during the
corresponding month of 2015.
IIP (Index of industrial production) data bounced back into positive zone in February reversing 3 month of contraction, reporting 2% growth, compared to 1.5% in January. Electricity, gems and jewellery and minerals aided the overall industrial performance growth.
Oil prices climbs and closed at $48.3/barrel from ~$39.6 up by almost 22% on MoM on weaker dollar and optimism that a global oil glut will ease.
The European Central Bank left all its interest rates unchanged at its rate call. It had started to expand the monthly purchases under its asset-purchase
program to 80 billion ($90.8 billion)
The Federal Reserve left interest rates unchanged, noting that it will continue to "closely monitor" inflation indicators and global economic and financial
developments.
Bank of Japan chose to keep policy on hold with no additional stimulus defying market expectations for action.
Debt Outlook
Long Term Curve :
We have Monetary policy review scheduled at 5th of April 2016
 We believe that the expectation of a good monsoon, benign inflation outlook and conducive global environment may create room for additional rate cut of
25-50 bps
 Having said that, the RBI s stated intention to reduce liquidity deficit to zero implies an OMO of arund Rs 1 lakh crore into the system. This creates downward
bias of around 25 bps on the long term yield curve.
 For above stated reasons, we believe that the 10 year gilt may trend downward and hover in the range of 7-7.15% within next few months
Investors may use this opportunity to invest in duration funds with a 18 month horizon
Short-Term Curve (3m -24 m):
 The near term yield curve (less than 2 yr maturities) has steepened
 When RBI infuses significant liquidity or cuts the rate - the yield curve may flatten with a softening bias.
Key variables & their impact on interest rates:
Key Variables
Short - term
Medium - term
Inflation
Rupee
Credit Demand
Government Borrowing
RBI Policy
Global Event Risk
Corporate bond Spread
Debt FII flow
Liquidity
3
Denotes fall in interest rates
3
GOLD VIEW
For the month, spot gold closed at $1274.50 per ounce, up $ 40.90 per ounce or 3.32%. During the month gold prices have managed to hold up well, supported
by continuing strong investor and fund buying.
Gold prices started the month with an unclear trend as US Federal Chief Yellen s speech cooled down the bullion market while the US Non-Farm Payroll (NFP)
dragged it back down. The Chair of the FOMC voiced her concern over the global economic growth that could eventually adversely impact the progress of the U.S.
economy. This news was enough to pull up gold prices until the NFP report was released. It showed a bit higher than expected gain in jobs which slightly revived a
possible rate hike in June-2016.
During the month European Central Bank (ECB) policy meeting concluded with no change to policy, even though the Euro has slightly devaluated against the USD.
The USD has also gained some strength against the Japanese yen. The stronger USD may have contributed to the modest fall of gold prices.
Going forward Gold prices could face selloffs if the FOMC were to surprise and release a more hawkish than expected statement. But if the upcoming U.S.
economic reports mainly US GDP and Personal consumption expenditures (PCE) disappoint and the FOMC were to maintain a dovish or even a balanced
statement, the market is likely to react in favor, which will drive back up gold prices.
4
EQUITY SCHEMES
INVESTMENT STYLE
Style
Value
Size
Blend Growth
KOTAK 50
Large
Mid
An Open - Ended Equity Scheme
Small
(As on April 30, 2016)
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. However, there is no
assurance that the objective of the scheme
will be realized.
PORTFOLIO
Issuer/Instrument
Industry/Rating
% to Net
Assets
Trustee s Discretion
Equity & Equity related (Listed/Awaiting listing on Stock
Exchange)
HDFC Bank Ltd.
Banks
9.04
Infosys Ltd.
Software
8.81
ICICI Bank Ltd.
Banks
4.74
IndusInd Bank Ltd.
Banks
4.50
Reliance Industries Ltd.
Petroleum Products
4.46
Axis Bank Ltd
Banks
3.79
ITC Ltd.
Consumer Non Durables
3.69
Larsen And Toubro Ltd.
Construction Project
3.66
Sun Pharmaceuticals
Industries Ltd.
Pharmaceuticals
3.45
Maruti Suzuki India Limited
Auto
3.27
Tata Consultancy Services Ltd. Software
2.50
Mahindra & Mahindra Ltd.
Auto
2.22
HDFC Ltd.
Finance
2.15
Ultratech Cement Ltd.
Cement
2.13
Tata Motors Ltd - DVR
Auto
2.09
Bharat Petroleum
Corporation Ltd.
Petroleum Products
1.96
HCL Technologies Ltd.
Software
1.95
Hero MotoCorp Ltd.
Auto
1.82
Britannia Industries Ltd.
1.55
Lupin Ltd.
Pharmaceuticals
1.55
Shree Cement Ltd.
Cement
1.54
Power Grid Corporation
Of India Ltd
Power
1.42
The Ramco Cements Ltd
Cement
1.38
Grasim Industries Ltd.
Cement
1.32
State Bank Of India
Banks
1.19
Kajaria Ceramics Ltd.
Construction
1.16
Persistent Systems Limited
Software
1.16
Asian Paints Ltd.
1.13
Jubilant Foodworks Limited
1.12
MRF Limited
Auto Ancillaries
1.09
Cadila Healthcare Ltd.
Pharmaceuticals
1.06
Equitas Holdings Ltd
Finance
1.06
Indraprastha Gas Ltd.
Gas
1.03
Siemens Ltd.
Industrial Capital Goods
1.01
Tech Mahindra Ltd.
Software
0.98
Colgate Palmolive (India ) Ltd. Consumer Non Durables
0.96
Ratios
Notes: Term Deposit as provided above is towards margin for derivatives transactions
Allotment Date
December 29,1998
Fund Manager
Mr. Harish Krishnan*
Benchmark
Nifty 50
AAUM (` In Crores)
AAUM as on Apr 30, 2016: `1214.29
AUM (` In Crores)
AUM as on Apr 30, 2016: `1234.39
Available Plans/Options
A) Regular Plan
B) Direct Plan / Options: Dividend Payout,
Dividend Reinvestment & Growth
(applicable for all plans)
Dividend Frequency
Issuer/Instrument
Industry/Rating
% to Net
Assets
Nestle India Ltd.
0.96
Sanofi India Ltd.
Pharmaceuticals
0.92
Alstom India Limited
0.85
Bharat Electronics Ltd
0.81
Supreme Industries Limited
Industrial Products
0.76
Dabur India Ltd
0.75
Adani Port and Special
Economic Zone Limited
Transportation
0.58
HDFC Ltd. Warrants
Finance
0.39
DR.Lal Pathlabs Ltd
Healthcare Services
0.34
Bank Of Baroda
Banks
0.26
Fag Bearings India Ltd.
Industrial Products
0.16
Listed/Awaiting Listing on Stock Exchange - Total
94.72
Futures
Tata Motors Ltd.-MAY2016
0.25
Maruti Suzuki India Limited-MAY2016
-0.25
Futures (Market value represents Notional Value) - Total 0.00
Reverse Repo
4.49
TERM DEPOSITS
Kotak Mahindra Bank Ltd.
1.22
Term Deposits - Total
1.22
Net Current Assets/(Liabilities)
-0.43
Grand Total
100
Portfolio Turnover: 45.66%
$
Beta: 1.06
SYSTEMATIC INVESTMENT PLAN (SIP)
$
Sharpe## : 0.51
$
Standard Deviation : 16.57%
Systematic Investment Plan (SIP) If you had invested `10,000 every month
Source: $ICRA MFI Explorer.
## Risk Free rate assumed to be 6.57% (FBIL
Overnight Mibor rate as on 29th April 2016)
1 year
3 years
5 years
7 years
10 years
Total amount invested (Rs)
120,000
360,000
600,000
840,000
1,200,000
2,080,000
Total Value as on Mar 31, 2016 (Rs)
117,234
432,255
831,048
1,274,163
2,129,545
12,152,745
Scheme Returns (%)
Minimum Investment Amount
Nifty 50 (Rs)#
Initial Investment: `5000 and in multiple
of `1 for purchase and for `0.01 for
switches
Nifty 50 Returns (%)
Additional Investment: `1000 & in
multiples of `1
Ideal Investments Horizon: 3 years &
above
Load Structure
Entry Load: Nil. (applicable for all plans)
S&P BSE SENSEX (Rs)^
S&P BSE SENSEX Returns (%)
Since Inception
-4.25
12.26
12.99
11.70
11.05
18.41
115,374
389,546
734,998
1,110,053
1,825,804
6,932,884
-7.07
5.19
8.05
7.84
8.14
12.60
114,624
383,196
383,196
1,093,213
1,787,924
7,009,228
-8.21
4.10
4.10
7.41
7.74
12.70
Scheme Inception : - December 29, 1998. The returns are calculated by XIRR approach assuming investment of `10,000/- 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 April 29, 2016: `33.191 (Dividend Option), `34.436(Direct Dividend Option), `168.443 (Growth Option),
`173.385 (Direct Growth Option)
Exit Load:
5
Riskometer
6.98
9.40
10.16
Banks Software Auto Consumer Non Durables Cement
Pharmaceuticals Construction Project
Petroleum Products
Finance
CBLO & Term Deposits & Rev.Repo
Others
* For Fund Manager experience, please refer page 54-55.
For last three dividends, please refer page no 56-58. For scheme performance, please refer page no 44-53
M
3.60
23.52
3.66
10.06
10.11
12.09
12.44
5.71
25.23
25.31
25.34
24.55
4.834.51
3.59
4.61
6.374.93
4.31
4.55
4.98
5.30
5.69
5.64
5.545.59
16.01
17.14
15.26
7.046.81
16.78
6.42 6.65 6.809.18
8.67
11.11
11.39
8.24 8.63
10.82
9.7
15.40
LOW
t el y
era
odLow
Moderate
Mo
d
Higerat
h e
High
Regular:2.20%
Direct: 1.00%
**Total Expense Ratio excludes applicable
B15 fee and service tax.
PRODUCT LABEL
8.78
ly
ii) For redemption/switch outs (including
SIP/STP) after 1 year from the date of
allotment of units, irrespective of the
amount of investment: Nil.
Note
Any exit load charged (net off
Service Tax, if any) shall be credited back to
the respective scheme. Units issued on
reinvestment of dividends shall not be
subject to entry and exit load.
Total Expense Ratio**
SECTOR ALLOCATION (%)
Low
i) For redemptions / switch outs (including
SIP/STP) within 1 year from the date of
amount of investment: 1%.
HIGH
Investors understand that their principal will be at moderately high risk
This product is suitable for investors who are seeking*:
Long term capital growth
Investment in portfolio of predominantly equity & equity related securities
* Investors should consult their financial advisors if in doubt about whether the
product is suitable for them.
EQUITY SCHEMES
INVESTMENT STYLE
Style
Value
Size
Blend Growth
KOTAK CLASSIC EQUITY
Large
Mid
An Open - Ended Equity Growth Scheme
Small
diversified portfolio of equity and equity
related securities. However, there is no
will be realized.
Allotment Date
July 27, 2005
Fund Manager
Mr. Harish Krishnan*
Benchmark
Nifty 100
AAUM (` In Crores)
AAUM as on Apr 30, 2016: ` 99.01
AUM (` In Crores)
AUM as on Apr 30, 2016: ` 99.61
A) Regular Plan
Dividend Frequency
Ratios
$
Beta: 0.87
$
Sharpe## : 0.42
$
PORTFOLIO
Issuer/Instrument
Industry/Rating
% to Net
Assets
Exchange)
Infosys Ltd.
Software
7.11
HDFC Bank Ltd.
Banks
5.67
Petroleum Products
4.53
Cement
3.49
Zee Entertainment
Enterprises Ltd
Media and Entertainment
3.40
Bharat Petroleum
Corporation Ltd.
Petroleum Products
3.07
Hero MotoCorp Ltd.
Auto
2.77
Asian Paints Ltd.
2.73
Hindustan Unilever Ltd.
2.71
2.18
Tata Motors Ltd.
Auto
2.11
HDFC Ltd.
Finance
1.92
Bajaj Auto Ltd.
Auto
1.70
Lupin Ltd.
Pharmaceuticals
1.58
ITC Ltd.
1.44
Bajaj Finance Limited
Finance
1.43
Auto
1.37
Cement
1.35
Dr Reddys Laboratories Ltd
Pharmaceuticals
1.34
DR.Lal Pathlabs Ltd
Healthcare Services
1.30
Power Grid Corporation Of
India Ltd
Power
1.29
Eicher Motors Ltd
Auto
1.28
1.20
Axis Bank Ltd
Banks
1.03
Bharti Infratel Ltd.
Telecom - Equipment &
Accessories
0.89
Software
0.89
HDFC Ltd. Warrants
Finance
0.88
Bajaj Finserv Ltd.
Finance
0.84
Alkem Laboratories Ltd
Pharmaceuticals
0.80
GAIL (India) Ltd.
Gas
0.80
Wipro Ltd.
Software
0.77
Finance
0.73
Petronet LNG Ltd.
Gas
0.70
Marico Ltd.
0.65
Issuer/Instrument
Industry/Rating
% to Net
Assets
Divi s Laboratories Limited
Pharmaceuticals
0.62
JSW Steel Ltd.
Ferrous Metals
0.58
Sun Pharmaceuticals
Industries Ltd.
Pharmaceuticals
0.58
0.50
National Thermal Power
Corporation Limited
Power
0.50
Ashok Leyland Ltd.
Auto
0.49
IndusInd Bank Ltd.
Banks
0.48
Tata Steel Limited.
Ferrous Metals
0.47
Auto
0.46
Bosch Limited
Auto Ancillaries
0.41
Cummins India Ltd.
Industrial Products
0.28
Titan Company Ltd.
Consumer Durables
0.25
Oracle Financial Services
Software Ltd
Software
0.24
TVS Motors Company Ltd
Auto
0.24
Just Dial Limited
Software
0.18
Pharmaceuticals
0.11
Dish TV India Ltd.
0.10
Aurobindo Pharma Ltd.
Pharmaceuticals
0.09
IDFC Bank Limited
Banks
0.09
Bharti Airtel Ltd.
Telecom - Services
0.07
72.69
Futures
CNX NIFTY-MAY2016
6.78
ITC Ltd.-MAY2016
3.46
IndusInd Bank Ltd.-MAY2016
2.60
Maruti Suzuki India Limited-MAY2016
2.45
Yes Bank Ltd-MAY2016
2.25
ICICI Bank Ltd.-MAY2016
1.34
Bajaj Auto Ltd.-MAY2016
1.26
Bharat Heavy Electricals Ltd.-MAY2016
1.06
Larsen And Toubro Ltd.-MAY2016
0.87
Futures (Market value represents Notional Value) -Total 22.07
Reverse Repo
11.93
TERM DEPOSITS
6.12
6.12
-12.81
Grand Total
100
switches
1 year
3 years
5 years
7 years
10 years
Since Inception
multiples of `1
120,000
360,000
600,000
840,000
1,200,000
1,290,000
above
114,260
402,633
785,643
1,206,498
2,034,785
2,301,588
Scheme Returns (%)
-8.76
7.41
10.73
10.17
10.19
10.34
115,278
396,383
752,958
1,140,909
1,893,325
2,167,525
Load Structure
Nifty 100 (Rs)#
Exit Load: Nil. (applicable for all plans),
(w.e.f December 01, 2014)
Regular: 2.70%
Direct: 1.30%
Nifty 50 (Rs)^
-7.22
6.36
9.02
8.61
8.83
9.29
115,374
389,546
734,998
1,110,053
1,825,804
2,092,912
-7.07
5.19
8.05
7.84
8.14
8.68
Scheme Inception : - July 27,2005. The returns are calculated by XIRR approach assuming investment of `10,000/- 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 April 29, 2016: `17.971 (Dividend Option), `18.788 (Direct Dividend Option), `33.335 (Growth Option),
5.80
Moderate
Mo
d
Higerat
h e
18.05
8.73
10.42
t el y
era
odLow
High
7.17
23.92
12.89
7.2 8.81
8.14
12.3
8.71 10.51 12.04
13.4
15.27
15.00
Low
M
12.31
6.01
6.81
7.60
Riskometer
4.84 -1.27
5.12
12.23
22.07
11.19
24.24
18.35
ly
7.27
4.21
4.85
5.31
4.39
5.65
5.36
6.13
PRODUCT LABEL
11.37
Auto
Finance Cement
Banks Software
Pharmaceuticals Derivatives
Petroleum Products Others CBLO&Term Deposits&Rev.Repo
LOW
HIGH
6
EQUITY SCHEMES
INVESTMENT STYLE
Style
Value
Size
Blend Growth
KOTAK OPPORTUNITIES
Large
Mid
Small
will be realized.
Allotment Date
September 9, 2004
Fund Manager
Mr. Harsha Upadhyaya*
Benchmark
Nifty 500
AAUM (` In Crores)
AAUM as on Apr 30, 2016: `707.08
AUM (` In Crores)
AUM as on Apr 30, 2016: `713.31
A) Regular Plan:
Dividend Frequency
Ratios
$
Beta: 0.96
$
Sharpe## :0.72
$
PORTFOLIO
Issuer/Instrument
Industry/Rating
% to Net
Assets
Exchange)
Infosys Ltd.
Software
6.61
HDFC Bank Ltd.
Banks
5.27
Finance
3.73
Shree Cement Ltd.
Cement
3.16
Hero MotoCorp Ltd.
Auto
3.13
ICICI Bank Ltd.
Banks
2.82
Axis Bank Ltd
Banks
2.81
Auto
2.66
2.64
Bharat Petroleum
Corporation Ltd.
Petroleum Products
2.61
Hindustan Petroleum
Corporation Ltd
Petroleum Products
2.51
Cement
2.44
IndusInd Bank Ltd.
Banks
2.43
UPL Ltd
Pesticides
2.27
State Bank Of India
Banks
2.12
2.11
Torrent Pharmaceuticals Ltd.
Pharmaceuticals
2.11
Sun Pharmaceuticals
Industries Ltd.
Pharmaceuticals
2.10
Petroleum Products
2.07
Tech Mahindra Ltd.
Software
1.85
Tata Motors Ltd.
Auto
1.81
Gas
1.69
Software
1.58
Cement
1.58
Petronet LNG Ltd.
Gas
1.57
Dalmia Bharat Ltd
Cement
1.49
Lupin Ltd.
Pharmaceuticals
1.48
MRF Limited
Auto Ancillaries
1.42
ITC Ltd.
1.37
Ashok Leyland Ltd.
Auto
1.35
Max Financial Services Ltd.
Finance
1.30
Software
1.25
Va Tech Wabag Limited
Engineering Services
1.21
Healthcare Global
Enterprises Ltd
Healthcare Services
1.18
Auto
1.12
Bank Of Baroda
Banks
1.11
Issuer/Instrument
Industry/Rating
% to Net
Assets
Multi Commodity Exchange of
India Limited
Finance
Arvind Ltd
Textile Products
Industrial Products
AIA Engineering Limited
DR.Lal Pathlabs Ltd
Healthcare Services
Cummins India Ltd.
Industrial Products
Whirlpool of India Ltd.
Consumer Durables
Container Corporation of
India Ltd.
Transportation
JK Cement Ltd.
Cement
CESC Ltd.
Power
National Buildings Construction
Corporation Limited
Construction
Techno Electric &
Engineering Co Ltd.
MBL Infrastructures Ltd.
Construction
Federal Bank Ltd.
Banks
Finance
Prestige Estates Projects Limited Construction
D-Link (India) Ltd
Hardware
Bharat Forge Ltd.
Industrial Products
HDFC Ltd. Warrants
Finance
SKF India Ltd
Industrial Products
Swaraj Engines Ltd
Industrial Products
Max India Limited
Healthcare Services
6 Redm Preference Sh Zee
Entertainment Enterprises Ltd
Max Ventures and
Industries Limited
Industrial Products
Reverse Repo
TERM DEPOSITS
Grand Total
1.11
1.09
1.06
1.04
1.03
0.99
0.97
0.95
0.91
0.83
0.82
0.73
0.72
0.64
0.59
0.59
0.58
0.56
0.55
0.53
0.46
0.28
0.15
0.01
97.15
2.67
0.49
0.49
-0.31
100
switches
multiples of `1
above
Load Structure
1 year
3 years
5 years
7 years
10 years
Since Inception
120,000
360,000
600,000
840,000
1,200,000
1,390,000
115,928
441,534
864,459
1,334,306
2,281,954
3,311,905
-6.24
13.73
14.59
12.99
12.35
14.15
115,322
406,207
768,407
1,152,523
1,884,147
2,527,986
Scheme Returns (%)
Nifty 500 (Rs)#
Exit Load:
Nifty 50 (Rs)^
I) For redemptions / switch outs (including
amount of investment: 1%
8.73
9.87
1,825,771
2,493,652
-7.07
5.19
8.05
7.84
8.14
9.65
Scheme Inception : - September 09, 2004. The returns are calculated by XIRR approach assuming investment of `10,000/- on the 1st working
Kotak Opportunities NAV as on April 29, 2016: `22.132 (Dividend Option), `22.821 (Direct Dividend Option), `79.712
(Growth Option), `82.04 (Direct Growth Option)
17.20
21.24
Riskometer
11.29
3.37
3.48
3.61
10.07
5.69
7.19
9.58
7.28
Banks Software Others Petroleum Products
Auto Pharmaceuticals Finance Consumer Non Durables
Industrial Products Construction Project
Cement
7
PRODUCT LABEL
LOW
t el y
era
odLow
Moderate
Mo
d
Higerat
h e
High
Regular: 2.37%
Direct: 1.22%
8.89
1,110,020
ly
iv) Units issued on reinvestment of
dividends shall not be subject to exit load
9.84
734,998
M
iii) Any exit load charged (net off Service
Tax, if any) shall be credited back to the
respective Scheme. (applicable for all plans)
8.01
389,546
Low
ii) For redemptions / switch outs (including
amount of investment: NIL
-7.15
115,374
HIGH
EQUITY SCHEMES
INVESTMENT STYLE
Style
Value
Blend Growth
KOTAK SELECT FOCUS FUND
Large
Mid
Small
Allotment Date
September 11, 2009
Fund Manager
Benchmark
Nifty 200
AAUM (` In Crores)
AAUM as on Apr 30, 2016: `4315.05
AUM (` In Crores)
AUM as on Apr 30, 2016: `4424.71
A) Regular Plan
Dividend Frequency
Ratios
$
Beta: 1.00
$
Sharpe## : 0.85
$
Overnight Mibor rate as on 29th April
2016).
PORTFOLIO
Issuer/Instrument
Industry/Rating
Exchange)
HDFC Bank Ltd.
Banks
6.11
Infosys Ltd.
Software
5.19
Petroleum Products
4.89
Cement
4.11
Cement
3.66
Hero MotoCorp Ltd.
Auto
3.44
IndusInd Bank Ltd.
Banks
3.44
Shree Cement Ltd.
Cement
3.30
2.72
Axis Bank Ltd
Banks
2.71
Auto
2.68
2.34
2.26
Finance
2.24
ICICI Bank Ltd.
Banks
2.21
Gas
2.01
Hindustan Petroleum
Corporation Ltd
Petroleum Products
2.00
Petronet LNG Ltd.
Gas
1.97
Tata Motors Ltd.
Auto
1.93
Bharat Petroleum
Corporation Ltd.
Petroleum Products
1.88
Software
1.87
Finance
1.87
Sun Pharmaceuticals
Industries Ltd.
Pharmaceuticals
1.85
State Bank Of India
Banks
1.77
Lupin Ltd.
Pharmaceuticals
1.73
Ashok Leyland Ltd.
Auto
1.70
Arvind Ltd
Textile Products
1.49
Godrej Consumer Products Ltd. Consumer Non Durables
1.49
MRF Limited
Auto Ancillaries
1.36
India Ltd.
Transportation
1.31
1.24
ITC Ltd.
1.18
1 year
3 years
5 years
120,000
360,000
600,000
790,000
117,392
459,352
923,364
1,303,394
Scheme Returns (%)
Nifty 50 (Rs)^
Regular: 2.02%
Direct: 1.00%
0.83
0.79
0.62
0.60
0.54
0.47
0.36
0.34
0.34
0.24
0.24
0.03
0.02
93.46
3.99
0.56
0.56
0.10
1.89
100
16.50
400,381
Since Inception
17.28
15.00
757,196
1,033,869
-7.32
7.03
9.25
8.06
115,374
389,546
734,998
1,011,547
-7.07
5.19
8.05
7.41
Scheme Inception : - September 11, 2009. The returns are calculated by XIRR approach assuming investment of `10,000/- on the 1st working
Kotak Select Focus Fund NAV as on April 29, 2016: ` 18.241 (Dividend Option), `18.806 (Direct Dividend Option), `22.555 (Growth
Option), `23.214 (Direct Growth Option)
3.98
4.48
4.59
4.95
4.99
4.65
6.68
6.17
17.09
14.98
PRODUCT LABEL
Riskometer
18.05
12.08
20.27
t el y
era
odLow
Moderate
Mo
d
Higerat
h e
10.82
9.43
7.38
7.7
8.32
9.75
6.69
8.18
High
1.16
1.12
1.06
1.01
1.01
0.92
0.91
0.90
ly
-4.01
115,214
M
amount of investment:1%
Finance
Tech Mahindra Ltd.
Software
Bajaj Finserv Ltd.
Finance
Pharmaceuticals
Jk Lakshmi Cement Ltd.
Cement
Solar Industries India Limited
Chemicals
Federal Bank Ltd.
Banks
Bank Of Baroda
Banks
Techno Electric & Engineering
Co Ltd.
Kec International Ltd.
Power
Max India Limited
Healthcare Services
Navkar Corporation Limited
Transportation
Consumer Durables
HDFC Ltd. Warrants
Finance
CESC Ltd.
Power
IFB Industries Ltd.
Consumer Durables
Bayer Cropscience Ltd.
Pesticides
Kirloskar Oil Engines Ltd.
Industrial Products
Max Ventures and Industries
Limited
Industrial Products
6% Redm Preference Sh Zee
Entertainment Enterprises Ltd Media and Entertainment
Reverse Repo
TERM DEPOSITS
Collateral Borrowing & Lending obligation
Grand Total
above
% to Net
Assets
Nifty 200 (Rs)#
Exit Load:
Industry/Rating
multiples of `1
Load Structure
Issuer/Instrument
switches
% to Net
Assets
Low
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. However, there is no
will be realized.
Size
8.77
Banks Software Petroleum Products Gas
Auto Pharmaceuticals Finance Consumer Non Durables
Cement
Others
LOW
HIGH
generally focussed on a few selected sectors.
8
EQUITY SCHEMES
INVESTMENT STYLE
Style
Size
Blend Growth
Value
KOTAK TAX SAVER
Large
An Open - Ended Equity Linked Savings Scheme
Mid
Small
Allotment Date
November 23, 2005
Fund Manager
Benchmark
Nifty 500
AAUM (` In Crores)
AAUM as on Apr 30, 2016: `462.46
AUM (` In Crores)
AUM as on Apr 30, 2016: `464.83
A) Regular Plan
B) Direct Plan / Options: Dividend Payout &
Growth (applicable for all plans). .....
Dividend Frequency
Ratios
$
Beta: 1.06
$
Sharpe## : 0.56
$
Overnight Mibor rate as on 29th April 2016).
PORTFOLIO
Issuer/Instrument
Industry/Rating
Exchange)
HDFC Bank Ltd.
Banks
6.30
Infosys Ltd.
Software
6.24
Petroleum Products
4.38
Shree Cement Ltd.
Cement
3.28
Finance
3.23
Consumer Durables
3.21
IndusInd Bank Ltd.
Banks
3.16
Axis Bank Ltd
Banks
3.00
ICICI Bank Ltd.
Banks
2.93
2.77
Cement
2.72
Bharat Petroleum
Corporation Ltd.
Petroleum Products
2.63
Auto
2.45
State Bank Of India
Banks
2.22
Tech Mahindra Ltd.
Software
2.22
Hero MotoCorp Ltd.
Auto
2.18
Hindustan Petroleum
Corporation Ltd
Petroleum Products
2.15
ITC Ltd.
1.99
SKF India Ltd
Industrial Products
1.96
1.89
Tata Motors Ltd.
Auto
1.85
Sun Pharmaceuticals
Industries Ltd.
Pharmaceuticals
1.75
Lupin Ltd.
Pharmaceuticals
1.73
Techno Electric &
Engineering Co Ltd.
1.68
Chemicals
1.64
Ashok Leyland Ltd.
Auto
1.61
MRF Limited
Auto Ancillaries
1.45
Cement
1.45
Pharmaceuticals
1.41
UPL Ltd
Pesticides
1.39
Federal Bank Ltd.
Banks
1.32
Software
1.29
Bank Of Baroda
Banks
1.27
1.16
1.14
1.07
1.06
1.05
1.03
0.97
0.91
0.87
0.86
0.79
0.78
0.73
0.57
0.54
0.46
0.34
0.15
0.02
97.63
0.03
0.03
2.84
-0.50
100
3 years
5 years
7 years
10 years
Since Inception
360,000
600,000
840,000
1,200,000
1,250,000
114,527
442,516
835,412
1,271,431
2,041,971
2,176,759
-8.35
13.88
13.21
11.64
10.26
10.25
115,322
406,207
768,407
1,152,644
1,884,267
2,015,710
Nifty 500 (Rs)#
Exit Load: Exit Load is not applicable for
Kotak Tax Saver Scheme. (applicable for all
plans)
Nifty 50 (Rs)^
-7.15
8.01
9.84
8.89
8.73
8.86
115,374
389,546
734,998
1,110,053
1,825,804
1,962,247
-7.07
5.19
8.05
7.84
8.14
8.37
Scheme Inception : - November 23, 2005. The returns are calculated by XIRR approach assuming investment of `10,000/- on the 1st working
Kotak Tax Saver NAV as on April 29, 2016: `15.953 (Dividend Option), `17.768 (Direct Dividend Option), ` 29.313 (Growth Option),
20.51
PRODUCT LABEL
Riskometer
20.20
21.56
22.51
9.75
4.464.65
4.94
4.89 5.32
t el y
era
odLow
Moderate
Mo
d
Higerat
h e
ly
M
3.57
9.75
5.43
7.3
6.05
6.1
6.14
8.64
9.16
LOW
8.09
Banks Software
Pharmaceuticals
Consumer Non Durables Petroleum Products
Cement Finance
Industrial Products
Others
* For Fund Manager experience, please refer page 54-55
Auto
High
5.68
5.30
9
1.19
1.19
1 year
Arvind Ltd
Textile Products
Dalmia Bharat Ltd
Cement
India Ltd.
Transportation
India Limited
Finance
Finance
Cummins India Ltd.
Industrial Products
Blue Dart Express Ltd.
Transportation
Navneet Education Ltd.
Thermax Ltd.
Hawkins Cooker Ltd
Household Appliances
Bharat Forge Ltd.
Industrial Products
MBL Infrastructures Ltd.
Construction
SRF Ltd.
Textile Products
Texmaco Rail & Engineering Ltd. Industrial Capital Goods
KSB Pump Ltd
Industrial Products
Kewal Kiran Clothing Limited. Textile Products
Max India Limited
Healthcare Services
6 Redm Preference Sh Zee
Entertainment Enterprises Ltd
Limited
Industrial Products
Debt Instruments
Debentures and Bonds
Corporate Debt/Financial Institutions
Blue Dart Express Ltd
ICRA AA
Corporate Debt/Financial Institutions - Total
Reverse Repo
Grand Total
120,000
Scheme Returns (%)
% to Net
Assets
Load Structure
Regular: 2.47%
Direct: 1.27%
Industry/Rating
multiples of `500
Units issued on reinvestment of dividends
shall not be subject to exit load (applicable
for all plans)
Issuer/Instrument
Initial Investment: `500 and in multiple of
`500
above
% to Net
Assets
Low
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. However, there is no
will be realized.
HIGH
long term capital growth with a 3 year lock in
Investment in portfolio of predominantly equity & equity related securities.
EQUITY SCHEMES
INVESTMENT STYLE
Style
Value
Size
Blend Growth
KOTAK MID-CAP
Large
Mid
Small
will be realized.
Allotment Date
February 24, 2005
Fund Manager
Mr. Pankaj Tibrewal*
Benchmark
Nifty Midcap 100
AAUM (` In Crores)
AAUM as on Apr 30, 2016: `355.88
AUM (` In Crores)
AUM as on Apr 30, 2016: `360.88
A) Regular Plan
Dividend Frequency
Ratios
$
Beta: 1.04
$
Sharpe## : 0.91
$
2016).
PORTFOLIO
Issuer/Instrument
Industry/Rating
% to Net
Assets
Exchange)
Consumer Durables
3.43
Cement
3.17
Software
3.10
Finolex Cables Ltd.
Industrial Products
2.97
Techno Electric &
Engineering Co Ltd.
2.84
Chemicals
2.76
Hawkins Cooker Ltd
2.69
Industrial Products
2.60
DB Corp Limited
2.52
Mahindra & Mahindra
Financial Services Ltd.
Finance
2.49
IndusInd Bank Ltd.
Banks
2.47
ICICI Bank Ltd.
Banks
2.20
Federal Bank Ltd.
Banks
2.15
2.15
Strides Arcolab Ltd.
Pharmaceuticals
2.11
Hindustan Petroleum
Corporation Ltd
Petroleum Products
2.08
SRF Ltd.
Textile Products
2.06
1.97
Pharmaceuticals
1.93
Pharmaceuticals
1.82
JK Cement Ltd.
Cement
1.79
1.78
Motherson Sumi Systems Ltd.
Auto Ancillaries
1.77
HSIL Ltd.
Consumer Durables
1.69
MRF Limited
Auto Ancillaries
1.61
PVR Ltd.
1.57
Atul Ltd.
Chemicals
1.56
Transportation
1.50
Arvind Ltd
Textile Products
1.45
Axis Bank Ltd
Banks
1.45
Issuer/Instrument
Industry/Rating
% to Net
Assets
NIIT Technologies Ltd
Software
Pennar Engineered Building
Systems Limited
Ferrous Metals
Finance
Cement
Bharat Forge Ltd.
Industrial Products
Voltas Ltd.
Havells India Ltd.
Consumer Durables
UPL Ltd
Pesticides
Pharmaceuticals
Kansai Nerolac Paints Ltd
WPIL Ltd
Industrial Products
Industrial Products
Zuari Agro Chemicals Ltd
Fertilisers
Sundaram Finance Ltd.
Finance
Bharat Petroleum
Corporation Ltd.
Petroleum Products
Pharmaceuticals
Power Mech Projects Ltd
Power
Shriram Transport
Finance Co Ltd.
Finance
Bank Of Baroda
Banks
SKF India Ltd
Industrial Products
Tech Mahindra Ltd.
Software
Balrampur Chini Mills Ltd
Union Bank Of India
Banks
Grand Total
1.45
1.40
1.39
1.37
1.37
1.36
1.34
1.33
1.33
1.23
1.19
1.17
1.16
1.15
1.15
1.11
1.09
0.98
0.92
0.90
0.89
0.88
0.88
0.86
0.21
93.79
1.22
4.99
100
switches
multiples of `1
above
1 year
3 years
5 years
7 years
10 years
Since Inception
120,000
360,000
600,000
840,000
1,200,000
1,340,000
Load Structure
120,541
511,467
1,012,638
1,624,092
2,672,052
3,259,516
Scheme Returns (%)
0.84
24.21
21.07
18.51
15.29
15.05
117,439
459,935
866,488
1,315,004
2,222,148
2,741,137
Scheme.(applicable for all plans)
Nifty Midcap 100 Returns (%)
Nifty 50 (Rs)^
14.69
12.59
11.85
12.21
734,998
1,110,053
1,825,804
2,284,173
-7.07
5.19
8.05
7.84
8.14
9.17
10.12
32.39
12.81
27.71
5.79
6.37
7.38
8.07
6.87 6.45
6.33
5.23
5.26
Riskometer
9.64
7.61
5.87
5.43
5.48
Banks
Others
Pharmaceuticals
Cement
Finance
Textile Products
Consumer Durables
Media & Entertainment
Software Industrial Products
Midcap and Small cap stocks as a % age of Net Assets: 76.43%
For last three dividends, please refer page no 56-58. For scheme performance, please refer page no 44-53.
LOW
t el y
era
odLow
Moderate
Mo
d
Higerat
h e
High
5.07
5.28
PRODUCT LABEL
9.37
ly
16.59
389,546
Scheme Inception : - February 24,2005. The returns are calculated by XIRR approach assuming investment of `10,000/- 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
Kotak Mid-cap NAV as on April 29, 2016: `29.594 (Dividend Option), `30.726 (Direct Dividend Option), `53.389 (Growth Option),
Regular: 2.52%
Direct: 1.27%
-3.94
115,374
M
Nifty Midcap 100 (Rs)#
Low
Exit Load:
HIGH
Investment in equity & equity related securities predominantly in mid cap
stocks.
10
EQUITY SCHEMES
INVESTMENT STYLE
Style
Value
Blend Growth
KOTAK EMERGING EQUITY
Large
Mid
Small
from a portfolio of equity and equity related
securities, by investing predominantly in
mid and small cap companies. However,
there is no assurance that the objective of
the scheme will be realized.
Allotment Date
March 30, 2007
Fund Manager
Mr. Pankaj Tibrewal*
Benchmark
S&P BSE MID SMALL CAP
AAUM (` In Crores)
AAUM as on Apr 30, 2016: `845.74
AUM (` In Crores)
AUM as on Apr 30, 2016: `835.49
A) Regular Plan
Dividend Frequency
Ratios
$
Beta: 1.00
$
Sharpe## :1.08
$
2016).
PORTFOLIO
Issuer/Instrument
Industry/Rating
0.02
97.63
0.01
0.01
5.65
0.30
0.30
-3.59
100
3 years
5 years
7 years
Since Inception
600,000
840,000
1,090,000
116,955
525,415
1,058,886
1,669,231
2,354,874
-4.67
26.19
22.92
19.28
115,635
450,173
846,064
1,264,267
Nifty 50 (Rs)^
S&P BSE MidSmallCap (Rs)#
16.33
1,800,753
-6.68
15.08
13.72
11.48
10.72
115,374
389,546
734,998
1,110,053
1,584,292
-7.07
5.19
8.05
7.84
8.02
Scheme Inception : - March 30, 2007. The returns are calculated by XIRR approach assuming investment of `10,000/- 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 April 29, 2016: `20.48 (Dividend Option), `21.211 (Direct Dividend Option), `26.407(Growth
PRODUCT LABEL
27.06
15.95
Riskometer
t el y
era
odLow
Moderate
Mo
d
Higerat
h e
ly
M
9.71
4.33
Low
6.56
4.78
4.98
5.38
9.34
5.96
5.95
Industrial Products Pharmaceuticals
Banks
Consumer Durables Finance
Cement
Others
Chemicals Textile Products
Midcap and Small cap stocks as a % age of Net Assets: 91.75%
LOW
High
11
0.59
0.58
0.55
0.53
0.32
360,000
S&P BSE MidSmallCap Returns (%)
1.23
1.20
1.20
1.19
1.18
1.11
1.08
1.06
1.04
1.01
1.01
0.99
0.99
0.78
0.75
0.75
0.70
0.65
1 year
Regular: 2.30%
Direct: 1.10%
Axis Bank Ltd
Banks
Finance
WPIL Ltd
Industrial Products
Pharmaceuticals
Greaves Cotton Ltd.
Industrial Products
Power Mech Projects Ltd
Power
Oberoi Realty Ltd
Construction
Zuari Agro Chemicals Ltd
Fertilisers
KPIT Technologies LImited
Software
Coromandel International Ltd. Fertilisers
Finance
Maharashtra Seamless Ltd.
Ferrous Metals
Finance
GMM Pfaudler Ltd.
Engineering
IDFC Bank Limited
Banks
IFB Industries Ltd.
Consumer Durables
Kirloskar Brothers Ltd.
Industrial Products
Kec International Ltd.
Power
India Limited
Finance
Bank Of Baroda
Banks
Engineers India Ltd.
Blue Dart Express Ltd.
Transportation
Max India Limited
Healthcare Services
Limited
Industrial Products
Debt Instruments
Blue Dart Express Ltd
ICRA AA
Reverse Repo
TERM DEPOSITS
Grand Total
120,000
Load Structure
Note
subject to entry and exit load.
% to Net
Assets
Scheme Returns (%)
Industry/Rating
above
Issuer/Instrument
switches
Exit Load:
% to Net
Assets
Exchange)
Consumer Durables
4.03
Cement
3.53
Chemicals
3.11
V-Guard Industries Ltd.
3.10
Software
2.99
Finolex Cables Ltd.
Industrial Products
2.96
Industrial Products
2.71
Hawkins Cooker Ltd
2.69
Mahindra & Mahindra Financial
Services Ltd.
Finance
2.66
IndusInd Bank Ltd.
Banks
2.57
SRF Ltd.
Textile Products
2.54
Pharmaceuticals
2.25
DB Corp Limited
2.23
ICICI Bank Ltd.
Banks
2.11
Federal Bank Ltd.
Banks
2.10
PVR Ltd.
1.96
1.93
Auto Ancillaries
1.91
Atul Ltd.
Chemicals
1.87
Cement
1.85
1.79
Shriram City Union Finance Ltd. Finance
1.79
1.77
Pharmaceuticals
1.61
1.57
Ramkrishna Forgings Ltd.
Industrial Products
1.57
Gas
1.55
Pharmaceuticals
1.51
SKF India Ltd
Industrial Products
1.50
PNC INFRATECH LIMITED
1.49
Finolex Industries Ltd.
Industrial Products
1.47
Finance
1.47
1.46
Systems Limited
Ferrous Metals
1.46
D-Link (India) Ltd
Hardware
1.37
Industrial Products
1.36
Carborundum Universal Ltd.
Industrial Products
1.28
multiples of `1
Size
HIGH
Investment in equity & equity related securities predominantly in mid &
small cap companies
11
EQUITY SCHEMES
INVESTMENT STYLE
Style
KOTAK INFRASTRUCTURE
& ECONOMIC REFORM FUND
Value
Blend Growth
Large
(formerly known as PineBridge Infrastructure & Economic Reform Fund )
Mid
Small
The investment objective of the Scheme is
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. However, there is no assurance
that the objective of the scheme will be
realized.
Allotment Date
February 25, 2008
Fund Manager
Mr. Harish Krishnan
Benchmark
S&P BSE 100
AAUM (` In Crores)
AAUM as on Apr 30, 2016: `137.96
Size
PORTFOLIO
Issuer/Instrument
Industry/Rating
% to Net
Assets
Exchange)
Shree Cement Ltd.
Cement
7.80
Cement
7.16
6.09
Gas
6.08
SKF India Ltd
Industrial Products
6.08
Bharti Airtel Ltd.
Telecom - Services
5.72
Thermax Ltd.
5.12
Kirloskar Oil Engines Ltd.
Industrial Products
4.96
KSB Pump Ltd
Industrial Products
4.71
Industrial Products
4.33
Cummins India Ltd.
Industrial Products
3.48
India Ltd.
Transportation
3.09
Power Grid Corporation
Of India Ltd
Power
3.07
3.04
Issuer/Instrument
Industry/Rating
% to Net
Assets
Industrial Products
Gateway Distriparks Ltd.
Transportation
Services Ltd.
Finance
Siemens Ltd.
Transportation
Chemicals
MRF Limited
Auto Ancillaries
Construction
Gujarat Gas Company Ltd
Gas
CESC Ltd.
Power
Reverse Repo
Grand Total
3.00
2.91
2.74
2.44
2.36
2.33
2.29
2.09
1.39
1.15
1.06
94.49
5.62
-0.11
100
AUM (` In Crores)
AUM as on Apr 30, 2016: `139.99
A) Regular Plan
Dividend Frequency
Ratios
$
Beta: 1.18
$
Sharpe## : 0.73
$
Source: $ICRAMFI Explorer.
2016).
1 year
3 years
5 years
7 years
120,000
360,000
600,000
840,000
980,000
118,020
482,240
895,173
1,334,163
1,674,655
switches
Scheme Returns (%)
Load Structure
Exit Load:
amount of investment 1%;
amount of investment NIL;
Regular: 2.63%
Direct: 1.23%
16.01
12.99
12.78
739,955
1,113,922
1,408,112
-7.54
5.58
8.32
7.94
8.68
115,374
389,546
734,998
1,110,053
1,399,466
-7.07
5.19
8.05
7.84
8.54
Scheme Inception : - February 25, 2008. The returns are calculated by XIRR approach assuming investment of `10,000/- 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
Kotak Infrastructure & Economic Reform Fund NAV as on April 29, 2016: `14.728 (Dividend Option), `15.753 (Direct Dividend Option),
`15.229 (Growth Option), `15.763 (Direct Growth Option)
2.74
4.22
5.62 4.04
4.36
4.3
6.26
5.72 4.81
5.64
7.03
6.34
6.9
6.09
7.78 6.94
7.09
7.53
8.377.49
6.60
5.93
5.62
7.78
Riskometer
26.56
29.12
32.53
29.24
14.3
10.61
14.51
14.69
12.22
9.36
7.47
PRODUCT LABEL
14.96
8.36
11.66
Cement
Power
Industrial Products
Transportation
Telecom - Services
Gas
Others
Finance
LOW
t el y
era
odLow
Moderate
Mo
d
Higerat
h e
High
dividends shall not be subject to entry and
exit load. (applicable for all plans)
100 Returns (%)
Nifty 50 (Rs)^
19.95
391,824
ly
iii) Any exit load charged (net off Service Tax,
if any) shall be credited back to the Scheme;
S&P BSE
-3.05
115,064
M
above
100 (Rs)#
Low
multiples of `1
S&P BSE
Since Inception
HIGH
Investors understand that their principal will be at high risk
Long term capital appreciation by investing in equity and equity related
instruments of companies contributing to infrastructure and economic
development of India
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
Small
High
To achieve growth by investing in equity &
equity related instruments, balanced with
income generation by investing in debt
&money market instruments. However,
Allotment Date
November 25, 1999
Fund Managers
Mr. Pankaj Tibrewal and Mr. Abhishek
Bisen*
Benchmark
Crisil Balanced Fund
AAUM (` In Crores)
AAUM as on Apr 30, 2016: `256.84
AUM (` In Crores)
AUM as on Apr 30, 2016: `254.96
A) Regular Plan
Dividend Frequency
Half Yearly (25th of Mar/Sep)
Ratios
$
Beta: 1.05
$
Sharpe## : 0.42
$
2016).
PORTFOLIO
Issuer/Instrument
Industry/Rating
% to Net
Assets
Exchange)
Infosys Ltd.
Software
4.39
HDFC Bank Ltd.
Banks
4.27
ICICI Bank Ltd.
Banks
4.11
2.62
Auto
2.47
IndusInd Bank Ltd.
Banks
2.19
Petroleum Products
2.15
Axis Bank Ltd
Banks
2.00
Consumer Durables
2.00
ITC Ltd.
1.89
Cement
1.86
Chemicals
1.81
Tata Motors Ltd.
Auto
1.79
SRF Ltd.
Textile Products
1.76
Auto
1.61
JK Cement Ltd.
Cement
1.50
HDFC Ltd.
Finance
1.40
Cement
1.40
1.39
1.39
Finolex Cables Ltd.
Industrial Products
1.37
Industrial Products
1.30
Software
1.25
Hindustan Petroleum
Corporation Ltd
Petroleum Products
1.22
Mahindra & Mahindra
Financial Services Ltd.
Finance
1.12
State Bank Of India
Banks
1.10
1.05
Ramkrishna Forgings Ltd.
Industrial Products
1.04
Transportation
1.03
Auto Ancillaries
0.99
UPL Ltd
Pesticides
0.99
Pharmaceuticals
0.94
0.91
DB Corp Limited
0.88
Oil & Natural Gas
Corporation Ltd.
Oil
0.87
Navkar Corporation Limited
Transportation
0.78
Havells India Ltd.
Consumer Durables
0.72
Issuer/Instrument
Industry/Rating
% to Net
Assets
Finance
0.69
Finance
0.68
0.65
Minerals/Mining
0.62
0.60
Banks
0.59
Industrial Products
0.59
HDFC Ltd. Warrants
Voltas Ltd.
Coal India Ltd.
Colgate Palmolive (India ) Ltd.
Bank Of Baroda
Bharat Forge Ltd.
Systems Limited
Ferrous Metals
Lupin Ltd.
Pharmaceuticals
Balrampur Chini Mills Ltd
Federal Bank Ltd.
Banks
Arvind Ltd
Textile Products
Tech Mahindra Ltd.
Software
IDFC Bank Limited
Banks
Pharmaceuticals
The Indian Hotels Company Ltd. Hotels
Debt Instruments
LIC Housing Finance Ltd.
CRISIL AAA
Tata Sons Ltd.
CRISIL AAA
Public Sector Undertakings
Bank of India
ICRA AAPublic Sector Undertakings - Total
Government Dated Securities
7.59% Central Government SOV
7.5% Central Government
SOV
8.53% State Government
SOV
SOV
Government Dated Securities - Total
Grand Total
0.55
0.50
0.49
0.46
0.44
0.43
0.42
0.20
0.05
69.52
0.20
0.08
0.28
0.35
0.35
5.87
4.42
3.99
3.13
2.80
0.04
20.25
9.60
100
switches
multiples of `1
1 year
3 years
5 years
7 years
10 years
Since Inception
above
120,000
360,000
600,000
840,000
1,200,000
1,970,000
115,656
392,628
741,821
1,138,152
1,882,343
7,037,078
Load Structure
Scheme Returns (%)
-6.65
5.72
8.42
8.54
8.72
14.06
Crisil Balanced Fund Index (Rs)#
119,050
400,780
747,944
1,132,882
1,871,004
NA
Exit Load:
Crisil Balanced Fund Index Returns (%)
-1.47
7.10
8.75
8.41
8.60
NA
Nifty 50 (Rs)^
115,374
389,546
734,998
1,110,053
1,825,804
6,137,665
-7.07
5.19
8.05
7.84
8.14
12.64
13
26.75
9.31
18.38
11.16
4.77
4.8
5.134.72
3.375
5.335.714.965.18
6.27 6.61 6.02
9.66
3.89
3.89
6.73
7.08
4.30
4.32
20.7
30.6723.73
t el y
era
odLow
Moderate
Mo
d
Higerat
h e
14.6
15.429.43
9.08
10.22
5.87
15.88
15.14
7.46
Cement
4.76
Banks Software Finance
Auto
Petroleum Products
Industrial Products
Others Consumer Non Durables
LOW
High
Regular: 2.55%
Direct: 1.35%
Riskometer
20.25
ly
PRODUCT LABEL
M
Scheme Inception : - November 25,1999. The returns are calculated by XIRR approach assuming investment of `10,000/- on the 1st working
Kotak Balance NAV as on April 29, 2016: `14.636 (Dividend Option), `15.314 (Direct Dividend Option), `18.541 (Growth Option) `19.199
(Direct Growth Option)
Low
HIGH
Investment in equity & equity related securities balanced with income generation
by investing in debt & money market instruments
EQUITY SCHEMES
INVESTMENT STYLE
Maturity
Style
Value
Blend Growth Size
KOTAK EQUITY ARBITRAGE
Large
Low
Mid
Medium
Small
High
PORTFOLIO
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. However, there is no
will be realized.
Issuer/Instrument
Industry/Rating
% to Net Assets
% to Net Assets
Derivatives
Equity & Equity related (Listed/Awaiting listing on Stock Exchange)
Hedged
HDFC Bank Ltd.
Banks
3.41
-3.44
Petroleum Products
2.98
-3.00
Allotment Date
2.93
-2.95
September 29, 2005
Indiabulls Housing Finance Ltd.
Finance
2.92
-2.93
Fund Manager
Auto
2.60
-2.62
Mr. Deepak Gupta*
Adani Port and Special Economic Zone Limited
Transportation
2.33
-2.35
Benchmark
Infosys Ltd.
Software
2.06
-2.07
Crisil Liquid Fund
Pharmaceuticals
1.93
-1.94
AAUM (` In Crores)
Tata Motors Ltd.
Auto
1.90
-1.91
AAUM as on Apr 30, 2016: `4012.81
HDFC Ltd.
Finance
1.87
-1.89
AUM (` In Crores)
Cipla Ltd.
Pharmaceuticals
1.80
-1.81
AUM as on Apr 30, 2016: `4067.05
Coal India Ltd.
Minerals/Mining
1.47
-1.48
Vedanta Ltd.
Minerals/Mining
1.43
-1.44
A) Regular Plan
Shriram Transport Finance Co Ltd.
Finance
1.38
-1.39
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
$
Beta: 0.72
$
Sharpe## : 2.09
$
2016).
Initial Investment: `5000 and in multiple of
`1 for purchase and for `0.01 for switches
multiples of `1
Ideal Investments Horizon: 3 months &
above
Load Structure
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) Units issued on reinvestment of dividends
shall not be subject to exit load (applicable
for all plans), (w.e.f. April 8, 2013)
Regular: 1.10%
Direct: 0.60%
Ashok Leyland Ltd.
Auto
1.24
-1.25
Hindustan Petroleum Corporation Ltd
Petroleum Products
1.07
-1.08
United Spirits Ltd.
1.05
-1.06
Power Finance Corporation Ltd.
Finance
1.03
-1.04
Tech Mahindra Ltd.
Software
1.00
-1.00
Reliance Capital Ltd.
Finance
0.95
-0.96
SKS Microfinance Limited
Finance
0.92
-0.93
Cement
0.87
-0.88
Finance
0.86
-0.87
Adani Power Ltd
Power
0.84
-0.85
Reliance Power Ltd
Power
0.83
-0.84
L&T Finance Holdings Ltd
Finance
0.82
-0.83
IDFC Limited
Finance
0.75
-0.75
MRF Limited
Auto Ancillaries
0.75
-0.75
Tata Elxsi Ltd.
Software
0.74
-0.75
Castrol (India ) Ltd.
Petroleum Products
0.67
-0.67
Telecom - Equipment & Accessories
0.65
-0.65
Rural Electrification Corporation Ltd
Finance
0.61
-0.62
Tata Global Beverages Limited
0.61
-0.61
Asian Paints Ltd.
0.59
-0.60
Aditya Birla Nuvo Limited
Services
0.58
-0.59
NCC Limited
0.57
-0.58
Pidilite Industries Ltd.
Chemicals
0.55
-0.55
Reliance Communications Ltd.
Telecom - Services
0.54
-0.54
Tata Communications Ltd
Telecom - Services
0.52
-0.52
TV18 Broadcast Ltd
0.51
-0.52
Dewan Housing Finance Corporation Ltd.
Finance
0.47
-0.47
Housing Development and Infrastructure Limited
Construction
0.47
-0.47
India Cements Ltd.
Cement
0.45
-0.45
Hindalco Industries Ltd
Non - Ferrous Metals
0.44
-0.44
Sun Pharmaceuticals Industries Ltd.
Pharmaceuticals
0.43
-0.43
Century Textiles & Industries Ltd.
Cement
0.41
-0.41
GMR Infrastructure Ltd.
0.41
-0.41
IRB Infrastructure Developers Ltd
Construction
0.40
-0.40
Cairn India Limited
Oil
0.39
-0.39
Indian Oil Corporation Ltd
Petroleum Products
0.39
-0.39
Oracle Financial Services Software Ltd
Software
0.38
-0.39
Dish TV India Ltd.
0.37
-0.37
* For Fund Manager experience, please refer page 54-55. For last three dividends, please refer page no 56-58. For scheme performance, please refer page no 44-53
14
EQUITY SCHEMES
PORTFOLIO
Issuer/Instrument
15
Industry/Rating
% to Net Assets
% to Net Assets
Derivatives
-0.37
United Breweries Ltd.
0.37
Karnataka Bank Ltd
Banks
0.35
-0.35
0.35
-0.36
Wipro Ltd.
Software
0.35
-0.35
Software
0.34
-0.34
Amara Raja Batteries Ltd.
Auto Ancillaries
0.31
-0.31
Finance
0.30
-0.30
Bharat Earth Movers Ltd.
0.30
-0.30
Axis Bank Ltd
Banks
0.29
-0.29
Siemens Ltd.
0.29
-0.29
Sun TV Limited.
0.28
-0.28
ACC Ltd.
Cement
0.26
-0.26
Ambuja Cements Ltd
Cement
0.25
-0.25
Pharmaceuticals
0.25
-0.25
Jain Irrigation Systems Ltd.
Industrial Products
0.24
-0.24
Tata Chemicals Ltd.
Chemicals
0.24
-0.24
Auto
0.23
-0.23
NMDC Ltd.
Minerals/Mining
0.23
-0.23
Oil & Natural Gas Corporation Ltd.
Oil
0.23
-0.23
Punjab National Bank
Banks
0.23
-0.24
DLF Limited
Construction
0.22
-0.22
IFCI Ltd.
Finance
0.22
-0.22
Jindal Steel & Power Ltd.
Ferrous Metals
0.22
-0.22
NHPC Limited
Power
0.21
-0.21
The South Indian Bank Ltd.
Banks
0.21
-0.21
UPL Ltd
Pesticides
0.21
-0.22
ITC Ltd.
0.20
-0.20
Tata Consultancy Services Ltd.
Software
0.20
-0.20
Glenmark Pharmaceuticals Ltd
Pharmaceuticals
0.19
-0.19
Biocon Ltd.
Pharmaceuticals
0.17
-0.17
Power Grid Corporation Of India Ltd
Power
0.17
-0.17
Gas
0.16
-0.16
Pharmaceuticals
0.16
-0.16
Wockhardt Ltd.
Pharmaceuticals
0.15
-0.15
Jet Airways (India) Ltd.
Transportation
0.14
-0.14
Reliance Infrastructure Ltd
Power
0.14
-0.14
Federal Bank Ltd.
Banks
0.13
-0.13
Indiabulls Real Estate Ltd
Construction
0.13
-0.14
Auto
0.13
-0.13
Eicher Motors Ltd
Auto
0.12
-0.12
JSW Steel Ltd.
Ferrous Metals
0.12
-0.12
Cement
0.12
-0.12
Lupin Ltd.
Pharmaceuticals
0.11
-0.11
National Thermal Power Corporation Limited
Power
0.11
-0.11
Adani Enterprises Ltd
Trading
0.10
-0.10
Hero MotoCorp Ltd.
Auto
0.08
-0.08
Auto
0.08
-0.09
0.07
-0.07
Zee Entertainment Enterprises Ltd
0.07
-0.07
Andhra Bank
Banks
0.06
-0.06
Container Corporation of India Ltd.
Transportation
0.06
-0.06
Cummins India Ltd.
Industrial Products
0.06
-0.06
Granules India Ltd.
Pharmaceuticals
0.06
-0.06
Oil India Limited
Oil
0.06
-0.06
Oriental Bank of Commerce
Banks
0.06
-0.06
EQUITY SCHEMES
PORTFOLIO
Issuer/Instrument
Industry/Rating
SRF Ltd.
Apollo Hospitals Enterprises Ltd.
Crompton Greaves Ltd.
Godrej Consumer Products Ltd.
Bosch Limited
Dabur India Ltd
ICICI Bank Ltd.
Indo Count Industries Ltd.
Petronet LNG Ltd.
Apollo Tyres Ltd.
Bharat Petroleum Corporation Ltd.
Jaiprakash Associates Ltd
KPIT Technologies LImited
JSW Energy Ltd.
Kaveri Seed Company Ltd.
Tata Power Co. Ltd.
Hedged - Total
Mutual Fund Units
Kotak Liquid Plan A
Kotak Floater Short Term Direct Growth
Mutual Fund Units - Total
Money Market Instruments
Commercial Paper(CP)/Certificate of Deposits(CD)
Edelweiss Housing Finanance Limited
Tata Motors Finance Ltd
JM Financial Products Limited
Reverse Repo
TERM DEPOSITS
IndusInd Bank Ltd.
Ratnakar Bank Ltd
Grand Total
% to Net Assets
Textile Products
Healthcare Services
Auto Ancillaries
Banks
Textiles - Cotton
Gas
Auto Ancillaries
Petroleum Products
Construction
Banks
Software
Pharmaceuticals
Pharmaceuticals
Pharmaceuticals
Power
Power
% to Net Assets
Derivatives
-0.06
-0.05
-0.05
-0.05
-0.04
-0.04
-0.04
-0.04
-0.04
-0.05
-0.03
-0.03
-0.03
-0.03
-0.03
-0.03
-0.01
-0.01
-0.01
-0.01
-0.01
-0.01
-67.67
-67.67
0.06
0.05
0.05
0.05
0.04
0.04
0.04
0.04
0.04
0.04
0.03
0.03
0.03
0.03
0.03
0.03
0.01
0.01
0.01
0.01
0.01
0.01
67.22
67.22
4.81
1.86
6.67
CRISIL A1+
ICRA A1+
ICRA A1+
2.42
1.82
1.81
6.05
0.59
12.19
2.37
1.50
16.06
0.07
3.34
100
Notes:
Term Deposit as provided above is towards margin for derivatives transactions
Kotak Equity Arbitrage NAV as on April 29, 2016: `10.7262 (Dividend Option), `10.867 (Direct Dividend Option), `22.1122 (Growth
Option), `22.4827 (Direct Growth Option), `20.0378 (Bimonthly Option), `20.2368 (Direct Bimonthly Option)
Riskometer
M
Moderate
Mo
d
Higerat
h e
High
Commercial Paper (CP)/Certificate of Deposits (CD)
Finance
Petroleum Products
Banks
Pharmaceuticals
Unrated
Software
Others
Auto
LOW
t el y
era
odLow
ly
13.10
18.33
19.07
16.98
16.87
19.45
30.36
2.94
3.15
3.00
4.5 4.17
4.81
16.52
15.28
10.45
4.55 6.26
5.34
6.80
8.686.67
9.03
5.10 3.00
11.41
5.78
6.91
6.97
3.20
7.07 6.38
7.73
5.42 8.41
5.14
6.51
6.05
5.30
5.96
Low
24.77
PRODUCT LABEL
16.72
HIGH
Investors understand that their principal will be at moderately low risk
Income from arbitrage opportunities in the equity market
Investment in arbitrage opportunities in the cash & derivatives segment of
the equity market.
16
INVESTMENT STYLE
EQUITY SCHEMES
Maturity
Style
Value
Blend Growth Size
KOTAK EQUITY SAVINGS FUND
Large
Low
An Open Ended Equity Fund
Mid
Medium
Small
High
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. However,
Allotment Date
October 13, 2014
Fund Managers
Mr. Deepak Gupta & Mr. Abhishek Bisen*
Benchmark
75% of Crisil Liquid Fund & 25% in Nifty 50
AAUM (` In Crores)
AAUM as on Apr 30, 2016: `795.27
AUM (` In Crores)
AUM as on Apr 30, 2016: ` 802.66
A) Regular Plan
Dividend Frequency
Monthly (12th of every month) Quarterly
(20th of March, June, September and
December of every year)
Ratios
switches
multiples of `1 for purchase and for `0.01
for switches
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.
iii) Units issued on reinvestment of
exit load.
Regular: 1.60%
Direct: 1.00%
17
PORTFOLIO
Issuer/Instrument
Industry/Rating
% to Net Assets
Equity & Equity related (Listed/Awaiting listing on Stock Exchange)
Non-Hedge
Infosys Ltd.
Software
HDFC Bank Ltd.
Banks
Auto
Petroleum Products
HDFC Ltd. Warrants
Finance
ITC Ltd.
Petroleum Products
Lupin Ltd.
Pharmaceuticals
Cement
Bajaj Auto Ltd.
Auto
IndusInd Bank Ltd.
Banks
Asian Paints Ltd.
Hero MotoCorp Ltd.
Auto
Finance
Yes Bank Ltd
Banks
Finance
Transportation
Software
Pharmaceuticals
Power
Axis Bank Ltd
Banks
Tata Motors Ltd.
Auto
ICICI Bank Ltd.
Banks
Eicher Motors Ltd
Auto
Auto
Pharmaceuticals
Bajaj Finserv Ltd.
Finance
Geometric Software Solutions Co Ltd
Software
S H Kelkar and Company Ltd
Cement
Bosch Limited
Auto Ancillaries
GAIL (India) Ltd.
Gas
Marico Ltd.
Petronet LNG Ltd.
Gas
Wipro Ltd.
Software
Pharmaceuticals
Ashok Leyland Ltd.
Auto
JSW Steel Ltd.
Ferrous Metals
Dish TV India Ltd.
HDFC Ltd.
Finance
Bank Of Baroda
Banks
Power
Tata Steel Limited.
Ferrous Metals
Pharmaceuticals
Pharmaceuticals
Sun Pharma Advance Research Co.Ltd
Pharmaceuticals
Pharmaceuticals
Software
Cummins India Ltd.
Industrial Products
Emami Ltd.
Titan Company Ltd.
Consumer Durables
Auto
Bharti Airtel Ltd.
Telecom - Services
CNX NIFTY - 8000.000 - Call Option - December 2016
Just Dial Limited
Software
UPL Ltd
Pesticides
Coal India Ltd.
Minerals/Mining
Petroleum Products
Chennai Super Kings Cricket Ltd.
Tech Mahindra Ltd.
Software
Shree Cement Ltd.
Cement
Non-Hedged- Total
Hedged
GMR Infrastructure Ltd.
Finance
Tata Motors Ltd.
Auto
Auto
India Cements Ltd.
Cement
Ashok Leyland Ltd.
Auto
Vedanta Ltd.
Minerals/Mining
Telecom - Services
Karnataka Bank Ltd
Banks
HDFC Bank Ltd.
Banks
Jain Irrigation Systems Ltd.
Industrial Products
Dish TV India Ltd.
ITC Ltd.
Infosys Ltd.
Software
Housing Development and Infrastructure Limited
Construction
HDFC Ltd.
Finance
NCC Limited
Hindustan Petroleum Corporation Ltd
Petroleum Products
Century Textiles & Industries Ltd.
Cement
Castrol (India ) Ltd.
Petroleum Products
IRB Infrastructure Developers Ltd
Construction
Wockhardt Ltd.
Pharmaceuticals
L&T Finance Holdings Ltd
Finance
Pharmaceuticals
MRF Limited
Auto Ancillaries
SKS Microfinance Limited
Finance
Petroleum Products
Tech Mahindra Ltd.
Software
Reliance Power Ltd
Power
* For Fund Manager experience, please refer page 54-55. For last three dividends, please refer page no 56-58. For scheme performance, please refer page no 44-53
% to Net Assets
- Derivatives
1.88
1.51
1.01
1.01
0.90
0.84
0.83
0.80
0.78
0.74
0.73
0.72
0.72
0.67
0.66
0.61
0.49
0.48
0.45
0.44
0.42
0.40
0.39
0.38
0.38
0.34
0.33
0.33
0.31
0.30
0.30
0.29
0.28
0.27
0.26
0.21
0.20
0.18
0.18
0.18
0.15
0.14
0.14
0.13
0.13
0.12
0.12
0.12
0.11
0.10
0.08
0.07
0.07
0.06
0.06
0.06
0.06
0.05
0.05
0.05
0.04
0.03
0.03
0.02
0.02
0.02
0.01
24.24
0.00
3.39
2.99
2.66
2.28
2.17
2.09
1.91
1.86
1.82
1.56
1.49
1.27
1.15
1.14
0.93
0.85
0.83
0.79
0.77
0.75
0.67
0.67
0.64
0.63
0.63
0.60
0.51
0.48
0.47
-3.43
-3.01
-2.66
-2.28
-2.19
-2.09
-1.93
-1.87
-1.83
-1.56
-1.50
-1.27
-1.15
-1.14
-0.94
-0.85
-0.83
-0.79
-0.78
-0.75
-0.68
-0.68
-0.65
-0.63
-0.64
-0.61
-0.51
-0.48
-0.48
EQUITY SCHEMES
KOTAK EQUITY SAVINGS FUND
An Open Ended Equity Fund
PORTFOLIO
Issuer/Instrument
Industry/Rating
% to Net Assets
Indiabulls Housing Finance Ltd.
Reliance Communications Ltd.
IFCI Ltd.
Adani Power Ltd
Cipla Ltd.
Glenmark Pharmaceuticals Ltd
Rural Electrification Corporation Ltd
DLF Limited
Amara Raja Batteries Ltd.
Wipro Ltd.
Indiabulls Real Estate Ltd
Jet Airways (India) Ltd.
UPL Ltd
Aditya Birla Nuvo Limited
Tata Chemicals Ltd.
United Spirits Ltd.
Sun TV Limited.
Ambuja Cements Ltd
Coal India Ltd.
Adani Enterprises Ltd
Federal Bank Ltd.
Tata Elxsi Ltd.
TV18 Broadcast Ltd
IDFC Limited
Tata Global Beverages Limited
Asian Paints Ltd.
Cairn India Limited
Oracle Financial Services Software Ltd
Reliance Infrastructure Ltd
SRF Ltd.
ACC Ltd.
NMDC Ltd.
Pidilite Industries Ltd.
Lupin Ltd.
Oil & Natural Gas Corporation Ltd.
Axis Bank Ltd
Bharat Earth Movers Ltd.
CESC Ltd.
Jaiprakash Associates Ltd
Hedged - Total
Reverse Repo
TERM DEPOSITS
Ratnakar Bank Ltd
Grand Total
Finance
Telecom - Services
Finance
Power
Pharmaceuticals
Pharmaceuticals
Finance
Petroleum Products
Construction
Finance
Banks
Auto Ancillaries
Finance
Software
Software
Construction
Petroleum Products
Transportation
Finance
Pesticides
Services
Chemicals
Cement
Minerals/Mining
Finance
Trading
Banks
Pharmaceuticals
Software
Finance
Oil
Power
Software
Power
Textile Products
Cement
Minerals/Mining
Chemicals
Pharmaceuticals
Oil
Power
Banks
Software
Power
Cement
Pharmaceuticals
Construction
Banks
Auto
Pharmaceuticals
0.46
0.44
0.41
0.38
0.35
0.35
0.34
0.32
0.31
0.31
0.31
0.29
0.29
0.26
0.23
0.21
0.20
0.20
0.18
0.18
0.16
0.15
0.15
0.15
0.14
0.13
0.13
0.13
0.12
0.12
0.12
0.11
0.11
0.10
0.10
0.08
0.08
0.08
0.08
0.07
0.07
0.07
0.06
0.05
0.05
0.05
0.05
0.04
0.04
0.04
0.03
0.03
0.02
0.02
0.02
0.02
0.01
0.01
0.01
0.01
0.01
47.04
71.28
SOV
SOV
1.73
1.27
3.00
5.66
% to Net Assets
- Derivatives
-0.46
-0.45
-0.41
-0.38
-0.36
-0.35
-0.34
-0.32
-0.31
-0.31
-0.31
-0.29
-0.29
-0.26
-0.23
-0.21
-0.20
-0.20
-0.18
-0.18
-0.16
-0.15
-0.15
-0.15
-0.14
-0.13
-0.13
-0.13
-0.12
-0.12
-0.12
-0.11
-0.11
-0.10
-0.10
-0.08
-0.08
-0.08
-0.08
-0.07
-0.07
-0.07
-0.06
-0.05
-0.05
-0.05
-0.05
-0.04
-0.04
-0.04
-0.03
-0.03
-0.02
-0.02
-0.02
-0.02
-0.01
-0.01
-0.01
-0.01
-0.01
-47.27
-47.72
9.82
1.74
11.56
0.12
8.38
100
Kotak Equity Savings Fund NAV as on April 29, 2016: `11.0597 (Growth Option), `10.3635 (Monthly Dividend Option), `10.3527 (Quarterly
Dividend Option), `11.1702 (Direct Growth Option), `10.4364 (Direct Monthly Dividend Option), `10.402 (Direct Quarterly Dividend Option)
PRODUCT LABEL
Riskometer
17.34
27.53
22.18
t el y
era
odLow
Moderate
Mo
d
Higerat
h e
ly
M
30.03
10.68
3.72 5.1
8.92
7.09
4.41
4.58
4.71
5.26
High
3.6
4.19
Low
11.19
4.17
9.72
7.41
CBLO & Term Deposits & Rev.Repo Banks Finance
Software Pharmaceuticals
Cement
Others
Petroleum Products
LOW
HIGH
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
18
EQUITY SCHEMES
INVESTMENT STYLE
Style
KOTAK INDIA GROWTH FUND
SERIES I
Value
Blend Growth
Large
Mid
3 years Close- Ended Equity Scheme
Small
to generate capital appreciation from a
diversified portfolio of equity & equity
related instruments across market
capitalisation and sectors. There is no
assurance or guarantee that the investment
objective of the scheme will be achieved.
However, there is no assurance that the
objective of the scheme will be realized.
Allotment Date
May 06, 2015
Fund Manager
Mr. Harish Krishnan
Benchmark
Nifty 200
AAUM (` In Crores)
AAUM as on Apr 30, 2016: `361.70
AUM (` In Crores)
AUM as on Apr 30, 2016: `364.30
Size
PORTFOLIO
Issuer/Instrument
Industry/Rating
% to Net
Assets
Exchange)
Infosys Ltd.
Software
10.28
HDFC Bank Ltd.
Banks
9.32
ICICI Bank Ltd.
Banks
7.09
IndusInd Bank Ltd.
Banks
6.12
Sun Pharmaceuticals
Industries Ltd.
Pharmaceuticals
5.57
Petroleum Products
5.13
Axis Bank Ltd
Banks
5.03
Auto
5.00
4.99
Cement
4.17
Auto
4.09
4.01
Hero MotoCorp Ltd.
Auto
3.98
Shree Cement Ltd.
Cement
3.24
Software
3.16
Issuer/Instrument
Industry/Rating
% to Net
Assets
Software Ltd
Software
India Ltd
Power
Construction
Finance
Reverse Repo
Grand Total
3.07
2.95
2.72
2.72
2.60
95.24
2.71
2.05
100
A) Regular Plan
B) Direct Plan / Options: Dividend Payout
& Growth (applicable for all plans)
Dividend Frequency
Ratios
Portfolio Turnover: 21.27 %
The scheme is a close ended scheme. The
units of the scheme can be traded on the
stock exchange.
Load Structure
Exit Load: Nil. (applicable for all plans)
Regular: 2.52%
Direct: 2.02%
Kotak India Growth Fund Series I NAV as on April 29, 2016: `10.3113 (Dividend Option), `10.3666 (Direct Dividend Option), `10.3113
2.72
Riskometer
27.56
2.95
4.99
LOW
13.07
Construction
19
Mo
d
Higerat
h e
14.69
16.51
7.41
Moderate
High
16.68
14.3
15.93
16.83
17.4
10.61
14.74
13.65
14.7
13.16
9.36
Low
M
26.35
27.37
29.12
32.53
26.28
25.63
t el y
era
odLow
ly
4.814.3
5.32
5.64
5.45
5.13 5.76
4.95
7.03
5.46
5.97
6.9
5.82
5.07
5.57
5.83
6.46
7.09
6.94
5.55
7.1
6.44
6.74
7.49
6.48
7.53
7.5
6.73
Cement
Banks
Petroleum Products
PRODUCT LABEL
7.36
Consumer Non Durable
Auto
Software
Pharmaceuticals
Construction
Others
HIGH
Investment in equity and equity related securities across market
capitalisation and sectors
DEBT SCHEMES
INVESTMENT STYLE
Maturity
Short Medium Long Volatiliy
KOTAK LIQUID
Low
An Open - Ended Debt Scheme
Medium
High
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. However, there
is no assurance that the objective of the
scheme will be realized.
PORTFOLIO
Issuer/Instrument
Industry/Rating
% to Net
Assets
Issuer/Instrument
Industry/Rating
% to Net
Assets
Adani Port and Special Economic
Zone Limited
ICRA A1+
1.20
Allotment Date
CARE A1+
1.20
Regular Plan - October 5, 2000;
Indiabulls Housing Finance Limited CARE AAA
ICRA A1+
0.66
0.60
Institutional Plan - March 14, 2003;
Plan A - November 4, 2003
Fund Managers
Mr. Deepak Agrawal*
ONGC Manglore
Dewan Housing Finance
Corporation Ltd.
CARE AAA
1.57
Petrochemicals Ltd.
ICRA A1+
3.98
CESC Ltd.
CARE A1+
CRISIL AAA
Public Sector Undertakings - Total
0.55
0.55
Export-Import Bank of India.
0.06
54.23
CRISIL A1+
10.28
Rural Development
CRISIL A1+
7.17
Punjab & Sind Bank
CRISIL A1+
National Bank for Agriculture and
Benchmark
CRISIL Liquid Fund
AAUM (` In Crores)
AAUM as on Apr 30, 2016: ` 9857.23
Idea Cellular Ltd.
AUM (` In Crores)
2.41
CARE A1+
8.88
Rural Electrification Corporation Ltd. FITCH IND A1+
Bharti enterprises (Holding) Pvt. Ltd. CRISIL A1+
6.14
Indian Railway Finance
5.99
5.97
Reliance Retail Limited
CARE A1+
5.99
Corporation Ltd.
CRISIL A1+
3.52
Tata Steel Limited
FITCH IND A1+
5.96
IDBI Bank Ltd.
CRISIL A1+
3.24
HDFC Ltd.
ICRA A1+
4.19
CRISIL A1+
2.52
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,
Edelweiss Commodities Services Ltd. CRISIL A1+
3.59
PNB Housing Finance Ltd.
CRISIL A1+
1.20
Piramal Enterprises Limited
ICRA A1+
3.28
Andhra Bank
CRISIL A1+
0.60
AXIS Bank Ltd.
CRISIL A1+
2.97
Steel Authority of India Ltd.
CARE A1+
0.07
CRISIL A1+
AUM as on Apr 30, 2016: ` 8290.32
CRISIL A1+
2.97
Aditya Birla Finance Ltd.
ICRA A1+
2.40
Reverse Repo
0.29
0.33
100
Dividend Frequency
CRISIL A1+
2.34
Daily, Weekly (Every Monday) (applicable
for all plans)
ECL Finance Limited
CRISIL A1+
1.80
Grand Total
Ratios
$
Standard Deviation: 0.20%,
Modified Duration: 0.10 yrs,
0.06
40.62
Services Ltd.
Average Maturity of the portfolio based on total maturity of fixed rate and immediate reset date of floating rate instruments :
0.10 years
Kotak Liquid Plan A Fund NAV as on April 29, 2016: `3088.494 (Growth Option), `3093.4922 (Direct Growth Option),
`1000.8456 (Weekly Dividend), `1005.9729 (Direct Weekly Dividend), `1222.81 (Daily Dividend), `1222.81 (Direct Daily Dividend)
Portfolio Yield: 7.59%
Source: $ ICRAMFI Explorer. Standard
Deviation is calculated on Annualised basis
using 3 years history of monthly returns.
Initial Investment:
Plan A - `5000
and in multiple of `1 for purchase and for
`0.01 for switches
multiples of `1
4.53
Ideal Investment Horizon: 1 - 15 days
8.39
0.33
0.33
19.74
Regular: 0.11%
Direct: 0.07%
0.29
6.85
15.57
15.55
Load Structure
Exit Load: Nil. (applicable for all plans)
Note - Units issued on reinvestment of
RATING PROFILE
0.29
64.44
90.22
90.38
75.74
94.85
Net Current Assets
A1+, AAA, IND A1+
Net Current Assets
99.38
PRODUCT LABEL
Low
Moderate
Mo
d
Higerat
h e
High
LOW
t el y
era
odLow
ly
M
Riskometer
Income over a short term investment horizon
Investment in debt & money market securities
* Investors should consult their financial advisors if in doubt
about whether the product is suitable for them.
HIGH
Investors understand that their principal will be at low risk
For scheme performance, please refer page no 44-53
20
DEBT SCHEMES
INVESTMENT STYLE
Maturity
KOTAK FLOATER SHORT TERM
Low
Medium
High
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. However,
Allotment Date
July 14, 2003
Fund Managers
Mr. Deepak Agrawal*
PORTFOLIO
Issuer/Instrument
Industry/Rating
% to Net
Assets
Debt Instruments
HPCL Mittal Energy Ltd.
ICRA AAHDFC Ltd.
CRISIL AAA
Corporation Ltd.
CARE AAA
2.96
1.44
0.88
5.28
Benchmark
CRISIL Liquid Fund
AAUM (` In Crores)
AAUM as on Apr 30, 2016: ` 6681.48
AUM (` In Crores)
AUM as on Apr 30, 2016: ` 7976.43
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) and
Monthly (12th of every Month)
Ratios
$
Modified Duration:0.12 yrs,
Initial Investment:
`5000 Under
growth, weekly dividend and monthly
dividend option & `1,00,000 under Daily
Dividend Reinvestment option,
multiples of `1
Bharti enterprises (Holding)
Pvt. Ltd.
CRISIL A1+
India Infoline Finance Limited ICRA A1+
Reliance Jio Infocomm Limited CARE A1+
HDFC Bank Ltd.
ICRA A1+
Suraksha Reality Ltd ( Secured by
Equity shares of Sun
Pharmaceuticals Industries Ltd ) CARE A1+(SO)
Tata Steel Limited
FITCH IND A1+
Gruh Finance Ltd
ICRA A1+
ICRA A1+
HDFC Ltd.
ICRA A1+
Manappuram Finance Ltd
ICRA A1+
Pharmaceuticals Industries Ltd ) CARE A1+
Sadbhav Engineering Ltd.
CARE A1+
Au Financiers (India) Limited
FITCH IND A1+
ICRA A1+
9.88
8.02
7.44
6.79
6.20
6.20
4.96
3.73
3.18
2.48
Issuer/Instrument
Industry/Rating
Tata Power Company Ltd.
ICRA A1+
RHC Finance Private Limited
FITCH IND A1+
ICRA A1+
HDFC Ltd.
CRISIL A1+
CRISIL A1+
National Bank for Agriculture
and Rural Development
CRISIL A1+
Indian Railway Finance
Corporation Ltd.
CRISIL A1+
Power Finance Corporation Ltd. CRISIL A1+
FITCH IND A1+
CRISIL A1+
CARE A1+
Punjab & Sind Bank
CRISIL A1+
% to Net
Assets
1.23
0.62
0.06
0.06
0.06
67.87
6.22
5.28
4.80
3.44
2.67
0.74
0.19
23.34
Reverse Repo
2.11
TERM DEPOSITS
YES Bank Ltd.
1.25
1.25
0.04
0.11
Grand Total
100
2.48
1.85
1.38
1.25
0.12 years
Kotak Floater Short Term Fund NAV as on April 29, 2016: `2498.4807 (Growth Option), `2502.5555 (Direct Growth Option),
`1012.8064 (Weekly Dividend), `1022.4776 (Direct Weekly Dividend), `1005.0656 (Monthly Dividend), `1010.4089 (Direct Monthly
Dividend), `1011.62 (Daily Dividend), `1011.62 (Direct Daily Dividend)
RATING PROFILE (%)
Ideal Investment Horizon: 1-15 days
5.28
Load Structure
3.40
4.56
3.40 2.96
0.11
0.11
Exit Load: Nil (applicable for all plans)
92.95
95.5897.08
91.21
Regular: 0.29%
Direct: 0.23%
93.53
Net Current Assets
A1+, A1+(SO), AAA, IND A1+
AANet Current Assets
PRODUCT LABEL
Low
Moderate
Mo
d
Higerat
h e
High
LOW
t el y
era
odLow
ly
M
Riskometer
HIGH
Investors understand that their principal will be at low risk
21
For scheme performance, please refer page no 44-53. For last three dividends, please refer page no 56-58
Investment in floating rate securities, debt & money
market securities
DEBT SCHEMES
INVESTMENT STYLE
Maturity
KOTAK TREASURY ADVANTAGE FUND
Low
Medium
(Formerly Known as Kotak Floater Long Term Scheme)
An Open Ended Debt Scheme
High
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.
Allotment Date
August 13, 2004
Fund Manager
Mr. Deepak Agrawal*
Benchmark
CRISIL Liquid Fund
AAUM (` In Crores)
AAUM as on Apr 30, 2016: ` 4818.63
AUM (` In Crores)
AUM as on Apr 30, 2016: ` 4748.90
A) Regular Plan
B) Direct Plan/Options: Dividend Payout,
Dividend Frequency
Daily, Monthly (12th of every Month) and
Weekly (Every Monday)
Ratios
$
Portfolio Yield:7.92%
Initial Investment:
(i) Dividend Reinvestment & Growth- `5000 & above (ii)
Dividend Payout (Weekly) - `1,00,00,000 &
above
PORTFOLIO
Issuer/Instrument
Industry/Rating
% to Net
Assets
Debt Instruments
HDFC Ltd .^
CRISIL AAA
Kotak Mahindra Prime Ltd.
CRISIL AAA
Services Ltd.
FITCH IND AAA
Shriram Transport Finance Co Ltd. CRISIL AA+
Karelides Traders Private Ltd.
( backed by unconditional and
irrevocable undertaking by a wholly
owned subsidiary of Piramal
Enterprises Ltd )
ICRA AAShriram Transport Finance Co Ltd. FITCH IND AA+
Reliance Jio Infocomm Limited^
CRISIL AAA
Nabha Power Ltd. ( backed by
unconditional and irrevocable
guarantee by Larsen & Toubro Ltd ) ICRA AAA
Mandava Holdings Private Limited
irrevocable undertaking
by Axis Capital )
ICRA AAA
SP Jammu Udhampur Highway Ltd.
irrevocable guarantee of Shapoorji
Pallonji & Co Pvt Ltd )
ICRA AAA
Nabha Power Ltd.
ICRA AAA(SO)
Tata Capital Financial Services
Limited
CRISIL AA+
Tata Capital Housing Finance Ltd; CRISIL AA+
CRISIL AA
L & T Finance Limited
ICRA AA+
State Bank Of India.
CRISIL AAA
CARE AA+
Small Industries Development
Bank Of India.
CARE AAA
Rural Development
CRISIL AAA
4.82
4.65
4.20
3.31
3.05
2.75
2.12
1.49
0.53
Issuer/Instrument
Industry/Rating
HDFC Bank Ltd.
ICRA A1+
AXIS Bank Ltd.
CRISIL A1+
ICRA A1+
HDFC Ltd.
ICRA A1+
FITCH IND A1+
IL & FS Financial Services Ltd.
ICRA A1+
ICICI Bank Ltd.
ICRA A1+
Canara Bank
CRISIL A1+
Rural Development
CRISIL A1+
Corporation Bank
CRISIL A1+
IDBI Bank Ltd.
CRISIL A1+
CRISIL A1+
CRISIL A1+
Rural Electrification
Corporation Ltd.
CARE A1+
CARE A1+
Grand Total
% to Net
Assets
10.23
8.44
4.09
4.05
1.89
0.52
0.50
29.72
9.33
8.44
6.66
6.27
3.97
1.89
0.50
0.19
37.25
0.32
0.12
100
0.42
0.32
0.21
0.15
0.15
0.04
28.21
2.35
1.05
0.95
0.03
4.38
Note:^ Partly blocked against Interest Rate Swap(IRS)
0.57 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 A p r i l 2 9 , 2 0 1 6 : ` 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), `24.2912 (Growth Option), `10.127 (Monthly Dividend Option), `10.1465 (Weekly Dividend Option),
`11.0848 (Monthly Dividend - Direct), `110.1626 (Weekly Dividend - Direct), `24.5084 (Growth - Direct Option)
multiples of `1
Ideal Investment Horizon: 1-3 months
RATING PROFILE
Load Structure
0.32 0.12
10.71
32.59
Exit Load: Nil.(applicable for all plans)
0.12
0.32
15.69
19.2
76.57
83.68
Regular: 0.73%
Direct: 0.38%
66.97
CBLO & Term Deposits & Rev. Repo
Net Current Assets
88.85
AA+, IND AA+, AA, AAA1+, AAA, AAA(SO), IND A1+, IND AAA
Net Current Assets
PRODUCT LABEL
Low
Moderate
Mo
d
Higerat
h e
High
LOW
t el y
era
odLow
ly
M
Riskometer
HIGH
22
DEBT SCHEMES
INVESTMENT STYLE
Maturity
KOTAK BANKING AND PSU DEBT FUND
Low
Medium
Earlier known as Kotak Mahindra Gilt Savings Scheme - 98 - Savings Plan.
High
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. However, there is no assurance that
the objective of the scheme will be realized.
Allotment Date
December 29,1998
Fund Manager
Mr. Deepak Agrawal*
Benchmark
Crisil Liquid Fund
AAUM (` In Crores)
AAUM as on Apr 30, 2016: ` 396.32
AUM (` In Crores)
AUM as on Apr 30, 2016: ` 361.48
PORTFOLIO
Issuer/Instrument
Industry/Rating
% to Net
Assets
Debt Instruments
CRISIL AAA
CRISIL AAA
Rural Electrification Corporation Ltd. CRISIL AAA
Vijaya Bank
CARE AA+
CRISIL AAA
SOV
AXIS Bank Ltd.
CRISIL A1+
HDFC Bank Ltd.
ICRA A1+
ICICI Bank Ltd.
ICRA A1+
18.29
12.51
8.43
4.16
4.13
47.52
Issuer/Instrument
Industry/Rating
Rural Development
CRISIL A1+
Grand Total
% to Net
Assets
34.78
13.35
13.35
-5.73
100
10.08
10.08
13.34
10.76
10.68
Average Maturity of the portfolio based on total maturity of fixed rate and immediate reset date of floating rate instruments
0.90 years.
Kotak Banking And PSU Debt Fund NAV as on April 29, 2016: `33.9194 (Growth Option), `34.1333 (Direct Growth Option),
`10.6631 (Monthly Dividend), `10.8702 (Direct Monthly Dividend), `10.0329 (Daily Dividend Reinvestment), `10.0813 (Direct Daily Dividend
Reinvestment), `15.6449 (Annual Dividend), `16.5494 (Direct Annual)
A) Regular Plan
Dividend Frequency
Daily, Monthly (12th of every Month)
& Annual
Ratios
$
Initial Investment: Dividend Payout,
Dividend Re-investment & Growth `5000 &
above.
multiples of `1.
10.08
Load Structure
-5.73
4.16
5.28
26.02
26.95
Regular:0.54%
Direct: 0.13%
-5.73
48.13
96.83
97.18
99.55
47.52
Net Current Assets
101.57
AAA, A1+, SOV
Net Current Assets
AA+
PRODUCT LABEL
Low
Moderate
Mo
d
Higerat
h e
High
LOW
t el y
era
odLow
ly
M
Riskometer
HIGH
23
Income over a short to medium term investment horizon
Investment in debt & money market securities of PSUs,
Banks & government securities
DEBT SCHEMES
INVESTMENT STYLE
Maturity
KOTAK LOW DURATION FUND
Low
(Formerly known as PineBridge India Short Term Fund)
Medium
High
The primary objective of the Scheme is to
generate income through investment
primarily in low duration debt & money
market securities. However, there is no
will be realized.
Allotment Date
March 6, 2008
Fund Manager
Mr. Deepak Agrawal *
Benchmark
CRISIL Liquid Fund
AAUM (` In Crores)
AAUM as on Apr 30, 2016: ` 1886.39
AUM (` In Crores)
AUM as on Apr 30, 2016: `1905.50
A) Regular B) Direct Plan / Options: Dividend
Payout, Dividend Reinvestment & Growth
(dividend payout is available under monthly
dividend only) (applicable for all plans)
Dividend Frequency
Weekly (every Monday), Monthly (12th of
every month)and Normal (as decided by
Trustees)
Ratios
$
PORTFOLIO
Issuer/Instrument
Industry/Rating
% to Net
Assets
Debt Instruments
Innovador Realtors Pvt Ltd ( backed by
undertaking by Piramal )
ICRA A1+(SO)
11.98
FITCH IND AA+
7.89
Enterprises Ltd )
ICRA AA5.24
Muthoot Fincorp Ltd.
CRISIL A
5.24
Pune Solapur Expressways Pvt. Ltd.
( toll road project of Tata Realty &
Infrastructure Ltd, 100 subsidiary
of Tata Sons )
ICRA A
4.61
Emami Realty Ltd ( Secured by Equity
shares of Emami Ltd )
BRICKWORK
BWR AA-(SO)
2.87
Shivprasad Realty Pvt Ltd ( backed by
undertaking by Axis Capital )
ICRA AAA
2.85
Janalakshami Financial Services Ltd.
ICRA A
2.64
Sterlite Industries (India) Ltd
CRISIL AA2.55
ICRA AA
2.11
Hero Realty Ltd ( Guaranteed by a
Hero Group company )
ICRA A+
1.85
Sahyadri Agencies Ltd ( Secured by
Equity shares of Jyothy
Laboratories Ltd )
BRICKWORK BWR A(SO)
1.85
ICRA AA1.72
Tata Capital Financial Services Limited CRISIL AA+
1.32
CRISIL AA+
1.06
Grand View Estate Pvt Ltd ( backed by
guarantee of Shapoorji
Issuer/Instrument
Industry/Rating
% to Net
Assets
ICRA AA
Indostar Capital Finance Private Limited CARE AAMuthoot Finance Ltd
ICRA AAHPCL Mittal Energy Ltd.
ICRA AAMuthoot Finance Ltd
CRISIL AATata Motors Finance Ltd
CRISIL AA
Aspire Home Finance Corporation Ltd ICRA AAHDB Financial Services Ltd.
CARE AAA
HDFC Ltd.
ICRA A1+
HDFC Bank Ltd.
ICRA A1+
FITCH IND A1+
Aditya Birla Money Ltd
CRISIL A1+
AXIS Bank Ltd.
CRISIL A1+
ICRA A1+
ICRA A1+
IDBI Bank Ltd.
CRISIL A1+
CRISIL A1+
Bank Of India.
CARE A1+
Corporation Bank
CRISIL A1+
Bank of Maharashtra
CRISIL A1+
Rural Development
CRISIL A1+
CRISIL A1+
Canara Bank
CRISIL A1+
Reverse Repo
Grand Total
0.79
0.75
0.52
0.50
0.26
0.26
0.16
0.07
59.09
3.74
3.57
2.62
1.31
1.29
1.29
0.32
14.14
6.26
5.19
3.86
2.56
1.56
1.25
1.04
1.02
22.74
1.81
0.08
2.14
100
Initial Investment:
Plan A - `5000
`0.01 for switches
for switches.
0.58 years
Kotak Low Duration Fund NAV as on April 29, 2016: `1884.9016 (Retail Plan-Growth Option), `1021.3136 (Retail plan Weekly
Dividend),`1022.7995 (Retail Plan-Monthly Dividend), `1834.1828 (Standard Plan-Growth Option), `1015.0366 (Standard Plan-Weekly
Dividend), `1021.3657 (Standard Plan-Monthly Dividend), `1865.7612 (Direct Plan- Growth Option), `1143.8338 (Direct Plan- Weekly
Dividend), `1036.7279 (Direct Plan- Monthly Dividend)
Load Structure
Exit Load: Nil.
Any exit load charged (net off Service Tax, if
any) shall be credited back to the Scheme;
RATING PROFILE
Entry Load: Nil.
2.14
36.88
1.89
2.14
16.19
10.85
1.89
-
14.01
21.29
23.02
15.62
53.01
32.53
exit load.
73.66
71.72
77.03
59.09
28.00
51.78
A1+, A1+(SO), AAA, IND A1+
A+, A, BWR A(SO)
AA+, IND AA+, AA, AA-, BWR AA-(SO)
Regular: 1.13%
Direct: 0.37%
PRODUCT LABEL
Low
Moderate
Mo
d
Higerat
h e
High
LOW
t el y
era
odLow
ly
M
Riskometer
Regular income over short term
Income by focusing on low duration securities
HIGH
Investors understand that their principal will be at moderate risk
24
DEBT SCHEMES
INVESTMENT STYLE
Maturity
KOTAK BOND SHORT TERM
Low
Medium
High
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. However, there is no
will be realized.
Allotment Date
May 2, 2002
Fund Manager
Mr. Deepak Agrawal*
Benchmark
Crisil Short - Term Bond Fund
AAUM (` In Crores)
AAUM as on Apr 30, 2016: ` 2657.25
AUM (` In Crores)
AUM as on Apr 30, 2016: ` 2877.50
A) Regular Plan
Dividend Frequency
Monthly (12th of every Month), Half Yearly
(20th of Mar/Sept) and normal (as decided
by Trustees)
Ratios
$
PORTFOLIO
Issuer/Instrument
Industry/
Rating
% to Net
Assets
Debt Instruments
Reliance Jio Infocomm Limited
CRISIL AAA
guarantee by Larsen & Toubro Ltd )
ICRA AAA
Corporation Ltd.
CARE AAA
Camden Industries Ltd. ( backed by
undertaking of Axis Capital )
CARE AAA(SO)
Fullerton India Credit Co. Ltd.
CARE AAA
irrevocable undertaking by
Axis Capital )
ICRA AAA
HDB Financial Services Ltd.
CRISIL AAA
ONGC Manglore Petrochemicals Ltd. FITCH IND AAA
CRISIL AAA
HDFC Ltd.
CRISIL AAA
IOT Utkal Energy Services Ltd.
CRISIL AAA(SO)
ICRA AAA
FITCH IND AAA
IDFC Bank Limited
ICRA AAA
Services Ltd.
FITCH IND AAA
CRISIL AAA
Rural Development
CRISIL AAA
Rural Electrification Corporation Ltd.
CRISIL AAA
8.24
6.49
5.22
4.88
4.36
4.36
4.10
3.40
2.79
2.65
0.84
0.76
0.03
0.03
0.03
48.18
4.41
1.84
1.33
Issuer/Instrument
Industry/
Rating
CRISIL AAA
CRISIL AAA
FITCH IND AA
SOV
SOV
SOV
SOV
SOV
SOV
SOV
AXIS Bank Ltd.
CRISIL A1+
Bank of Maharashtra
CRISIL A1+
CRISIL A1+
CRISIL A1+
Punjab & Sind Bank
CRISIL A1+
IDBI Bank Ltd.
CRISIL A1+
Rural Development
CRISIL A1+
Andhra Bank
CARE A1+
Reverse Repo
Treasury Bills
91 Days Treasury Bill 07/07/2016
SOV
Treasury Bills - Total
Grand Total
% to Net
Assets
1.23
0.42
0.35
9.58
7.06
3.99
3.35
1.77
1.41
1.23
0.33
19.14
5.70
5.70
2.40
2.25
1.72
1.03
0.82
0.66
0.11
8.99
5.46
5.15
5.15
0.03
-2.23
100
2.54 years.
Kotak Bond Short Term Fund NAV as on April 29, 2016: `28.4305 (Growth Option), `29.0253 (Direct Growth Option),
`10.1251 (Dividend), `10.235 (Direct Dividend), `10.443 (Direct Half Yearly Dividend)
Initial Investment: (i) Dividend Reinvestment & Growth - `5000 & above (ii)
Dividend Payout (Monthly Dividend) `50,000 & above
multiples of `1
Ideal Investments Horizon: 6 months &
above
14.69
5.49
13.08
5.15
-2.23
5.49
17.32
82.61 71.67
83.54
90.59
71.53
96.09
82.2
82.73
Load Structure
Low
M
Riskometer
LOW
t el y
era
odLow
Moderate
Mo
d
Higerat
h e
High
25
A1+, AAA, AAA(SO), IND AAA, SOV
Net Current Assets
96.39
IND AA
PRODUCT LABEL
Total Expense Ratio
Regular: 1.35%; Direct: 0.26%
57.76
19.14
Treasury Bills
ly
Exit Load: 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
amount of investment: NIL iii) Any exit load
credited back to the Scheme. (applicable for
all plans)
0.35 -2.23
13.12
13.50
14.38
15.27
7.1
Income over a medium term horizon
HIGH
23
DEBT SCHEMES
INVESTMENT STYLE
Maturity
KOTAK FLEXI DEBT
Low
Medium
High
To maximize returns through an active
management of a portfolio of debt and
money market securities. However, there is
no assurance that the objective of the
Allotment Date
Regular Plan- December 6, 2004 Plan A May 26, 2008
Fund Manager
Mr. Deepak Agrawal*
Benchmark
CRISIL Composite Bond
AAUM (` In Crores)
AAUM as on Apr 30, 2016: ` 356.48
AUM (` In Crores)
AUM as on Apr 30, 2016: ` 387.18
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)
PORTFOLIO
Issuer/Instrument
Industry/Rating
% to Net
Assets
Issuer/Instrument
Industry/Rating
Corporation Ltd.
CRISIL AAA
Debt Instruments
CRISIL AAA
irrevocable undertaking by
Axis Capital )
ICRA AAA
CRISIL AAA
Camden Industries Ltd. ( backed
by unconditional and irrevocable
CARE AAA(SO)
irrevocable guarantee of
Shapoorji Pallonji & Co Pvt Ltd ) ICRA AAA
7.92
2.60
1.51
1.30
1.30
% to Net
Assets
0.11
2.91
SOV
SOV
SOV
SOV
SOV
17.48
6.52
6.11
5.58
0.39
36.08
Reverse Repo
11.71
34.27
Grand Total
100
0.40
15.03
CRISIL AAA
CRISIL AAA
2.40
0.40
2.97 years
Kotak Flexi Debt Plan A Fund NAV as on April 29, 2016: `19.0562 (Growth Option), `19.4622 (Direct Growth Option),
`10.5577 (Weekly Dividend), `13.0133 (Direct Weekly Dividend), `10.0475 (Daily Dividend), `10.0475 (Direct Daily Dividend), `11.4828
(Quarterly Dividend), `10.784 (Direct Quarterly Dividend)
Ratios
$
Initial Investment:
Plan A - `5000
`0.01 for switches
multiples of `1
Ideal Investment Horizon: 6 months &
above
RATING PROFILE
1.30
11.71
11.71
36.08
17.94
7.00
7.91
23.82
Load Structure
44.11
(including SIP/STP) within 30 days from the
the amount of investment: 1.00%, ii) For
redemptions/ switch outs (including
SIP/STP) after 30 days from the date of
amount of investment: NIL, iii) Any exit load
credited back to the Scheme. (applicable for
all plans)
34.27
34.27
PRODUCT LABEL
Low
Moderate
Mo
d
Higerat
h e
High
LOW
t el y
era
odLow
ly
M
Riskometer
52.72
AAA, AAA(SO), SOV
AA+
Net Current Assets
Net Current Assets
Regular: 1.14%
Direct: 0.41%
47.12
66.54
Income over a medium term investment horizon
HIGH
26
DEBT SCHEMES
INVESTMENT STYLE
Maturity
KOTAK INCOME OPPORTUNITIES FUND
Low
Medium
High
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. However, there is
no assurance that the objective of the
Allotment Date
May 11, 2010
Fund Managers
Mr. Deepak Agrawal*
Benchmark
Crisil Short Term Bond Fund
AAUM (` In Crores)
AAUM as on Apr 30, 2016: ` 1441.04
AUM (` In Crores)
AUM as on Apr 30, 2016: ` 1502.92
A) Regular Plan
Dividend Frequency
Weekly (Every Monday), Monthly (12th of
every Month), Quarterly (20th of Mar, Jun,
Sep and Dec of every Year), Annual (12th of
March).
Ratios
PORTFOLIO
Issuer/Instrument
Industry/
Rating
% to Net
Assets
Debt Instruments
DLF Emporio Ltd
CRISIL AA
Janalakshami Financial Services Ltd. ICRA A
CRISIL AAAu Financiers (India) Limited
FITCH IND A+
Prestige Estates Projects Limited
ICRA A+
Enterprises Ltd )
ICRA AAReliance Jio Infocomm Limited
CRISIL AAA
HPCL Mittal Energy Ltd. ( )
ICRA AAAdani Power Ltd ( Secured by
Equity shares of Adani Ports and
SEZ Ltd )
BRICKWORK BWR AASBK Properties Pvt Ltd.
( Guaranteed by a Kalyani Group
company )
ICRA AAEquitas Micro Finance Ltd.
CARE A
Dalmia Bharat Ltd
ICRA AASP Jammu Udhampur Highway Ltd.
ICRA AAA
Grand View Estate Pvt Ltd
ICRA AA
Shriram Transport Finance Co Ltd. FITCH IND AA+
Haldhar Developers Private Limited
6.87
6.81
6.79
6.70
6.43
5.01
4.98
4.90
4.78
2.99
2.77
2.68
2.21
1.70
1.67
1.67
Issuer/Instrument
Industry/
Rating
% to Net
Assets
irrevocable undertaking by Piramal ) ICRA LAA-(SO)
1.55
HPCL Mittal Pipelines Ltd.
ICRA AA1.35
Peninsula Land Limited
ICRA A
1.26
Hero Realty Ltd ( Guaranteed by a
Hero Group company )
ICRA A+
0.33
CRISIL AAA
0.20
0.11
HDFC Ltd.
CRISIL AAA
0.08
CRISIL AAA
0.06
73.90
Indian Overseas Bank
CARE CARE BBB
2.22
Bank of India
BRICKWORK BWR AA- 0.66
Tamil Nadu Generation &
Distribution Corporation L ( backed
by unconditional and irrevocable
guarantee of Tamilnadu State
Government )
ICRA A-(SO)
0.59
3.47
HDFC Ltd.
ICRA A1+
8.78
HDFC Bank Ltd.
ICRA A1+
2.26
Pharmaceuticals Industries Ltd )
CARE A1+
0.13
11.17
FITCH IND A1+
3.99
Corporation Bank
CRISIL A1+
0.63
CRISIL A1+
0.33
4.95
Reverse Repo
3.51
0.13
2.87
Grand Total
100
$
Modified Duration: 1.59yrs,
1.95 years.
Kotak Income Opportunities Fund NAV as on April 29, 2016: `16.4295 (Growth Option), `16.921 (Direct Growth Option),
`10.0068 (Weekly Dividend), `10.1742 (Direct Weekly Dividend), `10.1914 (Monthly Dividend), `10.3271 (Direct Monthly Dividend), `10.73
(Quarterly Dividend), `10.3452 (Annual Dividend), `12.7094 (Direct Annual).
switches
multiples of `1
Ideal Investments Horizon: 1 year &
above
Load Structure
16.12
3.64 2.87
3.64
23.38
(including SIP/ STP) within 1 year from the
date of allotment of units,irrespective of the
II) For redemptions/ switch outs (including
SIP/ STP) after 1 year from the date of
any) shall be credited back to the Scheme.
51.18
77.37
Net Curr ent Assets
29.49
AA+, IND AA+, AA, AA-, BWR AA-, LAA-(SO)
A+, IND A+, A, A-(SO)
CARE BBB
Net Current Assets
A1+, AAA, IND A1+
PRODUCT LABEL
Riskometer
Low
Moderate
Mo
d
Higerat
h e
High
LOW
t el y
era
odLow
ly
M
Regular: 1.62%
Direct:0.56%
HIGH
27
38.40
30.63
Note
Units issued on reinvestment of
2.87 2.22
14.06
DEBT SCHEMES
INVESTMENT STYLE
Maturity
KOTAK CORPORATE BOND FUND
Low
Medium
(Formerly known as PineBridge India Total Return Bond Fund)
High
The primary objective of the Scheme is to
generate income through investment
primarily in low duration debt & money
market securities. However, there is no
will be realized.
PORTFOLIO
Issuer/Instrument
Industry/Rating
% to Net
Assets
Issuer/Instrument
Industry/Rating
% to Net
Assets
Debt Instruments
CRISIL AA+
1.99
CRISIL AAA
1.79
Inox Air Products Ltd.
CRISIL AA
0.99
Allotment Date
ONGC Manglore Petrochemicals Ltd. FITCH IND AAA
8.87
September 21, 2007
FITCH IND AAA
8.86
Services Ltd.
Fund Manager
HDFC Ltd.
CRISIL AAA
8.38
ICRA AAA
0.98
67.93
Mr. Deepak Agrawal*
Powergrid Vizag Transminssion Ltd.
Benchmark
CRISIL AAA
6.99
CRISIL Composite Bond Fund
irrevocable guarantee by
5.94
AAUM (` In Crores)
Powergrid Corp )
AAUM as on Apr 30, 2016: ` 97.94
AUM (` In Crores)
AUM as on Apr 30, 2016: ` 102.13
CRISIL AAA(SO)
6.96
Bank Of India.
CARE AAA
4.91
CRISIL AAA
1.74
Airports Authority of India
CRISIL AAA
0.99
0.94
ICRA AAA
6.91
Reliance Ports And Terminals Limited CRISIL AAA
6.80
Rural Development
CRISIL AAA
Plans: a) Regular & b) Direct Plan
5.56
FITCH IND AA
Options: Dividend Payout, Dividend
Reinvestment and Growth (applicable for all
plans)
Dividend Frequency
Monthly (12th of every Month), Quarterly
(20th of Mar, Jun, Sep and Dec of every
Year)
Ratios
$
CRISIL AAA(SO)
0.78
22.29
Reverse Repo
5.72
4.92
4.06
4.92
Grand Total
100
CRISIL AAA
2.84 years
Kotak Corporate Bond Fund NAV as on April 29, 2016: `1971.5182 (Standard Plan-Growth Option), `1146.4987 (Standard Plan-Weekly
Dividend),`1039.0841 (Standard Plan-Monthly Dividend), `1054.796 (Standard Plan-Quarterly Dividend), `1052.1863 (Standard Plan-Daily
Dividend), `1939.8412 (Retail Plan-Growth Option), `1051.4586 (Retail Plan- Weekly Dividend), `1039.2038 (Retail Plan- Monthly Dividend),
`1051.7306 (Retail Plan-Daily Dividend), `2001.6441 (Direct Plan- Growth Option), `1085.8923 (Direct Plan- Monthly Dividend), `1992.0201
(Institutional Plan-Growth Option)
Source: $ICRAMFI Explorer.
Standard Deviation is calculated on
Annualised basis using 3 years history of
monthly returns.
switches
multiples of `1for purchase and for `0.01
for switches.
Ideal Investment Horizon: 1 Year &
Above
14.68
18.15
Exit Load: 1) For redemptions / switch outs
(including SIP/STP) within 3 months from
the date of allotment of units, irrespective
of the amount of investment 2.00%; 2)
For redemptions / switch outs (including
SIP/STP) after 3 months from the date of
amount of investment Nil
5.72 4.06 3.76
7.06
8.08
14.68
18.15
11.71
4.06
5.72
Load Structure
47.37
51.12
73.15
33.23
28.83
79.9580.6
86.46
AAA, AAA(SO), IND AAA
AA+, AA, IND AA
Net Current Assets
90.22
Regular: 0.50%
Direct: 0.30%
PRODUCT LABEL
Low
Moderate
Mo
d
Higerat
h e
High
LOW
t el y
era
odLow
ly
M
Riskometer
Regular income over short term
Income by investing in fixed income securities of varying
maturities & credit
HIGH
28
DEBT SCHEMES
INVESTMENT STYLE
Maturity
KOTAK MEDIUM TERM FUND
Low
Medium
High
to generate regular income and capital
appreciation by investing in a portfolio of
medium term debt and money market
instruments. However, there is no
will be realized.
Allotment Date
March 21, 2014
Fund Manager
Mr. Deepak Agrawal*
Benchmark
CRISIL Composite Bond Fund
AAUM (` In Crores)
AAUM as on Apr 30, 2016: ` 1321.49
AUM (` In Crores)
AUM as on Apr 30, 2016: ` 1380.74
A) Regular Plan
Dividend Frequency
Quarterly (20th of Mar, Jun, Sep and Dec
of every Year), Annually (12th of March)
Ratios
$
PORTFOLIO
Issuer/Instrument
Industry/Rating
% to Net
Assets
Debt Instruments
CRISIL AAA
ICRA AAPrestige Estates Projects Limited ICRA A+
Muthoot Finance Ltd
ICRA AAECL Finance Limited
CARE AA
Ashirvad Microfinance Private
Limited ( 85% subsidiary of
Manappuram Finance Ltd )
CARE ASBK Properties Pvt Ltd.
( Guaranteed by a Kalyani
Group company )
ICRA AAJanalakshami Financial
Services Ltd.
ICRA A
ICRA A
Intime Properties Ltd.
FITCH IND AAA
Equitas Micro Finance Ltd.
CARE A
CRISIL AADalmia Bharat Ltd
ICRA AAAu Financiers (India) Limited
FITCH IND A+
Adani Power Ltd ( Secured by
Equity shares of Adani Ports
and SEZ Ltd )
BRICKWORK BWR AAGrand View Estate Pvt Ltd
irrevocable guarantee of
Shapoorji Pallonji & Co Pvt Ltd ) ICRA AA
Shriram Transport Finance Co Ltd. FITCH IND AA+
CRISIL AAHaldhar Developers Private
Limited ( backed by unconditional
and irrevocable undertaking by
Piramal )
ICRA LAA-(SO)
HPCL Mittal Energy Ltd. ( )
ICRA AAPowergrid Vizag Transminssion Ltd.
irrevocable guarantee by
Powergrid Corp )
CRISIL AAA(SO)
India Infoline Finance Limited
CARE AA
11.05
8.21
5.46
4.85
4.53
3.62
3.44
2.95
2.80
2.79
2.56
2.46
2.41
1.86
1.63
1.60
1.45
1.41
1.30
0.98
Issuer/Instrument
Industry/Rating
Reliance Ports And Terminals
Limited
CRISIL AAA
HDFC Ltd.
CRISIL AAA
ICRA AAA
CRISIL AAA(SO)
CRISIL AAA
Power Finance Corporation Ltd. CRISIL AAA
Bank of India
BRICKWORK BWR AARural Electrification
Corporation Ltd.
CRISIL AAA
SOV
HDFC Bank Ltd.
ICRA A1+
Pharmaceuticals Industries Ltd ) CARE A1+
CRISIL A1+
CRISIL A1+
FITCH IND A1+
Corporation Bank
CRISIL A1+
Reverse Repo
Grand Total
% to Net
Assets
0.93
0.73
0.68
0.64
0.02
72.27
1.99
1.62
0.39
4.00
1.03
1.03
3.87
0.65
0.36
4.88
6.84
5.43
1.02
13.29
1.50
0.14
2.89
100
0.96
0.95
2.79 years
Kotak Medium Term Fund NAV as on April 29, 2016: `12.365 (Growth Option), `12.6184 (Direct Growth Option),
`10.4532(Quarterly Dividend), `10.4858 (Direct Quarterly Dividend), `10.4052 (Annual Dividend), `12.6488 (Direct Annual).
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.
Ideal Investment Horizon: 2.5 years &
above
RATING PROFILE
Load Structure
18.17
2.89
1.64
1.03
92.87
76.27
Net Current Assets
36.84
A1+, AAA, AAA(SO), IND A1+, IND AAA, SOV
A+, IND A+, A, AIND AA+, AA, AA-, BWR AA-, LAA-(SO)
Net Current Assets
PRODUCT LABEL
Regular: 1.69%
Direct: 0.55%
Riskometer
M
Low
Moderate
Mo
d
Higerat
h e
High
LOW
t el y
era
odLow
ly
HIGH
29
35.79
36.52
35.45
34.51
ii) For exit after 18 months from the date of
allotment of units: Nil (applicable for all
plans)
exit load.
1.64
39.38
24
23.24
Exit Load: i) For exit on or within 18
months from date of allotment of units:
2%,
any) shall be credited back to the Scheme.
2.89
19.25
Investment in debt, government securities & money
market instruments with a portfolio weighted average
maturity between 3-7 years
DEBT SCHEMES
INVESTMENT STYLE
Maturity
KOTAK BOND
Low
Medium
High
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. However, there is no
will be realized.
Allotment Date
November 25, 1999
Fund Manager
Mr. Abhishek Bisen*
Benchmark
Crisil Composite Bond Fund
AAUM (` In Crores)
AAUM as on Apr 30, 2016: ` 4294.17
AUM (` In Crores)
AUM as on Apr 30, 2016: ` 4164.57
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 Frequency
Quarterly (20th of Mar/Jun/Sep/Dec), Half
Yearly (20th of Mar/Sept), Annual (12th of
Mar) (applicable for all plans)
Ratios
$
Standard Deviation: 4.39%
Modified Duration: 8.19 yrs
Initial Investment: Plan A `5000 and in
multiple of `1 for purchase and for `0.01
for switches
multiples of `1
above
PORTFOLIO
Issuer/Instrument
Industry/
Rating
% to Net
Assets
Debt Instruments
ICRA AA1.54
India InfraDebt Ltd
CRISIL AAA
1.21
CRISIL AA+
0.72
HDFC Ltd.
CRISIL AAA
0.44
CARE AA
0.12
CRISIL AAA
0.12
Tata Sons Ltd.
CRISIL AAA
0.07
CRISIL AAA
0.02
4.24
Canara Bank
CRISIL AAA
7.83
Bank of India
BRICKWORK BWR AA- 1.50
0.02
Power Grid Corporation of India Ltd. CRISIL AAA
0.01
9.36
SOV
34.92
SOV
13.23
SOV
7.82
SOV
6.47
SOV
3.56
8.5%
State Government
SOV
2.81
SOV
2.60
SOV
2.58
SOV
1.76
SOV
1.34
SOV
1.34
SOV
1.24
SOV
0.98
SOV
0.84
SOV
0.12
SOV
0.04
7.8%
Central Government
SOV
0.01
81.66
Issuer/Instrument
Industry/
Rating
% to Net
Assets
ICRA A1+
HDFC Ltd.
ICRA A1+
Bank Of India.
CRISIL A1+
IDBI Bank Ltd.
CRISIL A1+
FITCH IND A1+
Reverse Repo
Grand Total
0.12
0.05
0.17
0.60
0.59
0.12
1.31
0.24
3.02
100
16.17 years.
Kotak Bond Plan A Fund NAV as on April 29, 2016: `42.645 (Growth Option), `43.6622 (Direct Growth Option),
`11.1989 (Quarterly Dividend), `11.8163 (Direct Quarterly Dividend), `26.1274 (Annual Dividend), `22.0095 (Direct Annual Dividend),
`28.4269 (Plan A-Bonus Plan)
13.6
7
3.02
0.24
8.08
35
6.46
5.5
3.88
1.48 0.24
3.02
-6.
Load Structure
4.92
8.10
Exit Load: Nil.
77.93
90.05
94.28
91.67
Regular: 1.77%
Direct: 0.97%
102
81.66
Net Current Assets
92.86
AA+, AA, AA-, BWR AAA1+, AAA, IND A1+, SOV
Net Current Assets
PRODUCT LABEL
Low
Moderate
Mo
d
Higerat
h e
High
LOW
t el y
era
odLow
ly
M
Riskometer
Income over long term investment horizon
HIGH
30
DEBT SCHEMES
INVESTMENT STYLE
Maturity
KOTAK GILT INVESTMENT
Low
Medium
An Open - Ended Dedicated Gilt Unit Scheme
High
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
Issuer/Instrument
Industry/
Rating
8.24%
Central Government
SOV
7.59%
Central Government
SOV
35.09
8.43%
State Government
SOV
Allotment Date
7.73%
Central Government
SOV
32.50
% to Net
Assets
0.58
0.11
96.74
Regular Plan - December 29, 1998;
8.17%
Central Government
SOV
6.73
Treasury Bills
PF & Trust Plan - November 11, 2003
7.72%
Central Government
SOV
5.55
364 Days Treasury Bill 04/08/2016
Fund Manager
8.55%
State Government
SOV
5.14
Treasury Bills - Total
8.22%
State Government
SOV
4.50
1.01
8.72%
State Government
SOV
4.22
1.36
8.62%
State Government
SOV
2.32
Grand Total
100
Mr. Abhishek Bisen*
Benchmark
ISEC Composite
AAUM (` In Crores)
AAUM as on Apr 30, 2016: ` 876.16
AUM (` In Crores)
AUM as on Apr 30, 2016: ` 890.02
SOV
0.89
0.89
16.52 years.
Kotak Gilt Investment Fund NAV as on April 29, 2016: `51.3068 (Regular-Growth), `53.0046 (Regular-Growth-Direct),
`12.6403 (Regular-Dividend), `13.0321 (Regular-Dividend-Direct), `52.4909 (PF & Trust-Growth), `54.2745 (PF & Trust-Growth Direct),
`11.9874 (PF & Trust-Dividend)
Plans- A) Regular Non Direct Plan,
B) PF & Trust Non Direct Plan,
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:
4.61%, B) PF & Trust Plan: 4.60%,
switches
multiples of `1
above
1.36 1.01
Load Structure
0.89
1.36
6.27
12.84
Entry Load: (a) Regular Plan - Entry: Nil. (b)
PF & Trust Plan - Entry: Nil. (applicable for all
plans)
1.01
6.27
12.84
80.89
80.89
92.57
Exit Load: (a) Regular Plan - Exit: Nil. (b)
PF&Trust Plan - Exit: Nil. (applicable for all
plans)
96.74
Treasury Bills
97.63
SOV
Net Current Assets
Regular: 1.40%
Direct: 0.40%
PRODUCT LABEL
Low
Moderate
Mo
d
Higerat
h e
High
LOW
t el y
era
odLow
ly
M
Riskometer
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.
HIGH
31
23
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
To enhance returns over a portfolio of Debt
Instruments with a moderate exposure in
Equity and Equity related Instruments.
Allotment Date
December 02, 2003
Fund Managers
Mr. Devender Singhal &
Mr. Abhishek Bisen*
Benchmark
CRISIL MIP Blended
AAUM (` In Crores)
AAUM as on Apr 30, 2016: `123.27
AUM (` In Crores)
AUM as on Apr 30, 2016: ` 124.07
A) Regular Plan
Dividend Frequency
Monthly (12th of every Month) Quarterly
(20th of Mar/Jun/Sep/Dec)
Ratios
$
Standard Deviation: 5.87%
Modified Duration:4.80yrs
Initial Investment: (i) Dividend Reinvestment & Growth and Dividend Payout
(Quarterly) - `5000 & above (ii) Dividend
Payout (Monthly) - `50,000 & above
multiples of `1
Large
Low
Mid
Medium
Small
High
PORTFOLIO
Issuer/Instrument
Industry/
Rating
% to Net
Assets
Exchange)
ITC Ltd.
Consumer Non Durables 1.63
Tata Motors Ltd.
Auto
1.48
Infosys Ltd.
Software
0.95
ICICI Bank Ltd.
Banks
0.90
HDFC Bank Ltd.
Banks
0.82
0.81
Consumer Non Durables 0.69
Hindustan Petroleum
Corporation Ltd
Petroleum Products
0.68
Consumer Durables
0.66
Telecom - Services
0.63
Dish TV India Ltd.
Media and Entertainment 0.61
Cement
0.58
Auto Ancillaries
0.57
Finance
0.56
IFB Industries Ltd.
Consumer Durables
0.46
Auto
0.46
Hawkins Cooker Ltd
0.44
State Bank Of India
Banks
0.42
Dalmia Bharat Ltd
Cement
0.39
0.39
IndusInd Bank Ltd.
Banks
0.38
Shoppers Stop Ltd.
Retailing
0.38
Marksans Pharma Ltd
Pharmaceuticals
0.37
Tata Steel Limited.
Ferrous Metals
0.37
Axis Bank Ltd
Banks
0.34
Yes Bank Ltd
Banks
0.34
0.33
Ferrous Metals
0.31
Sun TV Limited.
Tech Mahindra Ltd.
Software
0.27
Century Textiles & Industries Ltd. Cement
0.26
Techno Electric &
Engineering Co Ltd.
0.25
Finolex Cables Ltd.
Industrial Products
0.23
Bharat Petroleum
Corporation Ltd.
Petroleum Products
0.21
Hero MotoCorp Ltd.
Auto
0.20
Issuer/Instrument
Industry/
Rating
% to Net
Assets
HSIL Ltd.
Consumer Durables
Systems Limited
Ferrous Metals
Federal Bank Ltd.
Banks
HDFC Ltd. Warrants
Finance
Debt Instruments
Corporation Ltd.
CRISIL AAA
SOV
SOV
SOV
Reverse Repo
TERM DEPOSITS
Grand Total
0.19
0.14
0.13
0.08
19.21
0.08
0.08
40.21
15.25
8.19
63.65
6.35
0.48
0.48
10.23
100
Average Maturity of the portfolio based on total maturity of fixed rate and immediate reset date of floating rate instruments
:7.65 years.
Kotak Monthly Income Plan Fund NAV as on April 29, 2016: `24.7448 (Growth Option), `25.4271 (Direct Growth Option),
`12.246 (Monthly Dividend), `12.4472 (Direct Monthly Dividend), `13.2139 (Quarterly Dividend), `13.5488 (Direct Quarterly Dividend)
Ideal Investments Horizon - 1 year & above
Load Structure
Exit Load:
6.83
RATING PROFILE
0.08
6.83
10.23
10.23
9.55
9.55
17.93
17.93
50.95
50.87
19.86
19.86
19.21
19.21
63.65
Note
subject to entry and exit load
63.73
AAA, SOV
PRODUCT LABEL
Regular: 1.91%
Direct: 1.41%
Low
Moderate
Mo
d
Higerat
h e
High
LOW
t el y
era
odLow
ly
M
Riskometer
Income & capital growth over a long term horizon
Investment in a portfolio of debt instruments with a
moderate exposure in equity & equity related
Instruments.
HIGH
32
DEBT SCHEMES
INVESTMENT STYLE
Maturity
Style
KOTAK MULTI ASSET
ALLOCATION FUND
Value
Blend Growth Size
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.
Allotment Date
January 21, 2011
Fund Managers
Mr. Deepak Gupta &
Mr. Abhishek Bisen*
Benchmark
75% CRISIL Short Term Bond Fund,
15% Nifty 50 and 10% Price of Gold.
AAUM (` In Crores)
AAUM as on Apr 30, 2016: ` 28.14
AUM (` In Crores)
AUM as on Apr 30, 2016: ` 27.68
A) Regular Plan
(applicable for all plans))
Dividend Frequency
Monthly (12th of Every Month), Quarterly
(20th of Mar/Jun/Sep/Dec), Annual (12th of
March)
Ratios
$
Modified Duration:2.75 yrs,
Initial Investment: `10000 and in
multiple of `1 for purchase and for `0.01
for switches
multiples of `1
Large
Low
Mid
Medium
Small
High
PORTFOLIO
Issuer/Instrument
Industry/
Rating
% to Net
Assets
Exchange)
HDFC Bank Ltd.
Banks
1.26
Infosys Ltd.
Software
1.21
Petroleum Products
0.65
IndusInd Bank Ltd.
Banks
0.62
Lupin Ltd.
Pharmaceuticals
0.59
Bharat Petroleum Corporation Ltd. Petroleum Products
0.58
Zee Entertainment Enterprises Ltd Media and Entertainment 0.58
ITC Ltd.
0.56
Auto
0.56
0.52
Cement
0.49
Bajaj Auto Ltd.
Auto
0.47
Asian Paints Ltd.
0.46
Hero MotoCorp Ltd.
Auto
0.39
Finance
0.36
Software
0.36
Pharmaceuticals
0.33
Finance
0.33
Tata Motors Ltd.
Auto
0.33
0.30
ICICI Bank Ltd.
Banks
0.26
Yes Bank Ltd
Banks
0.26
Axis Bank Ltd
Banks
0.25
Eicher Motors Ltd
Auto
0.25
0.25
Cement
0.23
Bajaj Finserv Ltd.
Finance
0.22
Software
0.21
India Ltd
Power
0.21
Bosch Limited
Auto Ancillaries
0.20
Accessories
0.18
Auto
0.18
Ashok Leyland Ltd.
Auto
0.13
Wipro Ltd.
Software
0.13
GAIL (India) Ltd.
Gas
0.12
Petronet LNG Ltd.
Gas
0.12
Dish TV India Ltd.
Marico Ltd.
0.11
HDFC Ltd.
Finance
0.10
JSW Steel Ltd.
Ferrous Metals
0.10
Pharmaceuticals
0.09
Corporation Limited
Power
0.09
Sun Pharmaceuticals
Issuer/Instrument
Industry/
Rating
% to Net
Assets
Industries Ltd.
Pharmaceuticals
0.08
Tata Steel Limited.
Ferrous Metals
0.08
Sun Pharma Advance Research
Co.Ltd
Pharmaceuticals
0.07
Pharmaceuticals
0.06
Bharti Airtel Ltd.
Telecom - Services
0.06
Pharmaceuticals
0.06
Bank Of Baroda
Banks
0.05
Cummins India Ltd.
Industrial Products
0.05
Emami Ltd.
0.05
Titan Company Ltd.
Consumer Durables
0.04
Just Dial Limited
Software
0.03
Auto
0.03
UPL Ltd
Pesticides
0.03
Coal India Ltd.
Minerals/Mining
0.02
Petroleum Products
0.02
Cipla Ltd.
Pharmaceuticals
0.01
Hindustan Petroleum
Corporation Ltd
Petroleum Products
0.01
IDFC Bank Limited
Banks
0.01
Software Ltd
Software
0.01
Tech Mahindra Ltd.
Software
0.01
15.53
Mutual Fund Units
Kotak Mutual Fund - Kotak
Gold ETF
Mutual Fund Units
8.55
8.55
Futures
CNX NIFTY-MAY2016
-0.43
Futures (Market value represents Notional Value) - Total -0.43
Debt Instruments
Hindalco Industries Ltd.
CRISIL AA2.89
2.89
SOV
36.71
SOV
18.30
55.01
TERM DEPOSITS
3.61
3.61
3.97
10.87
Grand Total
100
Average Maturity of the portfolio based on total maturity of fixed rate and immediate reset date of floating rate instruments:
3.63 years.
Kotak Multi Asset Allocation Fund NAV as on April 29, 2016: `14.8536 (Growth Option), `15.2744 (Direct Growth Option),
`12.4512 (Monthly Dividend), `12.5108 (Direct Monthly Dividend), `11.8153 (Quarterly Dividend), `12.0411 (Direct Quarterly Dividend),
`11.5116 (Annual Dividend), `12.2191 (Direct Annual)
above
Load Structure
7.58 2.89
7.58 2.89 -0.43
-0.43
8.55
10.87
10.87
8.55
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.
55.01
15.53
Mutual Fund Units
AA-
Derivatives
SOV
PRODUCT LABEL
Regular: 2.45%
Direct: 2.05%
Riskometer
Low
Moderate
Mo
d
Higerat
h e
High
LOW
t el y
era
odLow
ly
M
HIGH
33
55.01
15.53
Derivatives
Net Current Assets
Mutual Fund Units
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
Details of exposure across all Debt Funds of Kotak Mahindra Mutual Fund as on 30 April 2016
Issuer Name
%age of Exposure
to Debt AUM $
AXIS Bank Ltd.
Aasan Developers and Constructions Private Limited
( Guaranteed by a Piramal Group Company )
Adani Power Ltd ( Secured by Equity shares of Adani Ports and SEZ Ltd )
Aditya Birla Finance Ltd.
Aditya Birla Money Ltd
Airports Authority of India
Andhra Bank
Ashirvad Microfinance Private Limited ( 85% subsidiary of
Manappuram Finance Ltd )
Aspire Home Finance Corporation Ltd
Bajaj Capital Ventures Pvt. Ltd. ( Secured by Equity shares of
Bajaj Corp. Ltd )
Bank of India
Bank of Maharashtra
Bhanu Vyapaar Private Limited ( Secured by Equity shares of Emami Ltd )
Bharti enterprises (Holding) Pvt. Ltd.
CBLO/REVERSE REPO
CESC Ltd.
Camden Industries Ltd. ( backed by unconditional and irrevocable
Canara Bank
Central Government
Cholamandalam Investment and Finance Company Ltd
Continental Drug Company P Ltd ( Secured by Equity shares of Zee
Entertainment Enterprises Ltd )
Corporation Bank
DLF Emporio Ltd
Dalmia Bharat Ltd
ECL Finance Limited
Edelweiss Commodities Services Ltd.
Edelweiss Financial Services Limited
Edelweiss Housing Finanance Limited
Edisons Untility Works Pvt.Ltd. ( Secured by Equity shares of
Zee Entertainment Enterprises Ltd )
Emami Enclave Markets Pvt Ltd. ( Secured by Equity shares of Emami Ltd )
Emami Realty Ltd ( Secured by Equity shares of Emami Ltd )
Equitas Micro Finance Ltd.
Fullerton India Credit Co. Ltd.
Grand View Estate Pvt Ltd ( backed by unconditional and
irrevocable guarantee of Shapoorji Pallonji & Co Pvt Ltd )
Gruh Finance Ltd
HDFC Bank Ltd.
HDFC Ltd.
HPCL Mittal Pipelines Ltd.
Haldhar Developers Private Limited ( backed by unconditional
and irrevocable undertaking by Piramal )
Hero Realty Ltd ( Guaranteed by a Hero Group company )
High Point Properties Pvt LTD ( backed by unconditional and
Hindalco Industries Ltd.
Hinduja Leyland Finance Ltd.
ICICI Bank Ltd.
ICICI Home Finance Company Limited
IDBI Bank Ltd.
IDFC Bank Limited
IL & FS Financial Services Ltd.
Idea Cellular Ltd.
India Infoline Housing Finance Ltd.
India InfraDebt Ltd
Indiabulls Housing Finance Limited
Indian Oil Corporation Ltd.
Indian Railway Finance Corporation Ltd.
Indostar Capital Finance Private Limited
Infrastructure Leasing & Financial Services Limite
Innovador Realtors Pvt Ltd ( backed by unconditional and irrevocable
undertaking by Piramal )
Inox Air Products Ltd.
Intime Properties Ltd.
2.01
0.16
0.24
0.31
0.46
0.06
0.06
0.25
0.11
0.16
0.74
0.17
0.90
0.22
0.22
0.10
2.95
1.95
0.01
0.50
1.79
9.41
0.01
0.23
0.88
0.23
0.23
0.80
0.53
0.68
0.18
0.12
0.23
0.10
0.25
0.17
3.77
0.28
0.42
0.23
0.90
0.78
2.78
3.99
1.28
0.05
0.13
0.23
0.05
0.00
0.09
0.14
0.24
1.75
0.20
0.06
0.21
1.67
1.73
0.12
0.11
0.45
0.04
0.08
1.89
0.17
0.02
0.52
0.01
0.09
Issuer Name
%age of Exposure
to Debt AUM $
0.06
Janalakshami Financial Services Ltd.
0.46
Jyothy Laboratories Limited
0.07
Karelides Traders Private Ltd. ( backed by unconditional and irrevocable
undertaking by a wholly owned subsidiary of Piramal Enterprises Ltd )
0.84
0.00
0.92
L & T Finance Limited
0.34
0.84
MA MAULTI TRADE PVT LTD ( Secured by Equity shares of
Bajaj Corp. Ltd )
0.17
Mahindra & Mahindra Financial Services Ltd.
1.94
Manappuram Finance Ltd
0.60
Mandava Holdings Private Limited ( backed by unconditional
and irrevocable undertaking by Axis Capital )
0.40
Muthoot Finance Ltd
0.22
Muthoot Fincorp Ltd.
0.23
Nabha Power Ltd. ( backed by unconditional and irrevocable
guarantee by Larsen & Toubro Ltd )
1.49
National Bank for Agriculture and Rural Developmen
4.23
National Housing Bank
0.30
ONGC Manglore Petrochemicals Ltd.
0.41
0.01
PNB Housing Finance Ltd.
0.24
0.13
2.15
4.38
Power Grid Corporation of India Ltd.
0.36
Powergrid Vizag Transminssion Ltd. ( backed by unconditional
and irrevocable guarantee by Powergrid Corp )
0.05
Prestige Estates Projects Limited
0.46
Pune Solapur Expressways Pvt. Ltd. ( toll road project of Tata Realty
& Infrastructure Ltd, 100% subsidiary of Tata Sons )
0.20
Punjab & Sind Bank
1.24
0.03
0.23
Raymond Ltd.
0.10
0.01
2.97
Reliance Ports And Terminals Limited
0.05
Reliance Retail Limited
1.12
Rural Electrification Corporation Ltd.
2.90
SBK Properties Pvt Ltd. ( Guaranteed by a Kalyani Group company )
0.20
SP Jammu Udhampur Highway Ltd. ( backed by unconditional and
0.24
Sadbhav Engineering Ltd.
0.34
Sahyadri Agencies Ltd ( Secured by Equity shares of Jyothy
Laboratories Ltd )
0.23
Shapoorji Pallonji Energy Gujarat Private Limited ( backed by
unconditional and irrevocable guarantee of Shapoorji Pallonji
& Co Pvt Ltd )
0.14
Shivprasad Realty Pvt Ltd ( backed by unconditional and irrevocable
undertaking by Axis Capital )
0.12
1.41
Small Industries Development Bank Of India.
0.57
Sneha Abasan Pvt Ltd ( Secured by Equity shares of Emami Ltd )
0.08
Sneha Enclave Pvt Ltd ( Secured by Equity shares of Emami Ltd )
0.05
0.50
State Government
4.78
1.85
0.39
Sundaram BNP Paribas Home Finance Ltd
0.10
0.06
Suraksha Reality Ltd ( Secured by Equity shares of Sun
Pharmaceuticals Industries Ltd )
1.60
Tamil Nadu Generation & Distribution Corporation L ( backed by
unconditional and irrevocable guarantee of Tamilnadu
State Government )
0.02
Tata Capital Financial Services Limited
0.50
Tata Capital Housing Finance Ltd;
0.80
0.21
0.30
Tata Sons Ltd.
0.10
Tata Steel Limited
2.24
0.78
Vijaya Bank
0.09
Vizag General Cargo Berth Private Limited ( backed
by unconditional and irrevocable guarantee of Vedanta Ltd )
0.02
YES Bank Ltd.
0.23
TOTAL
100.00
Industry / Sector
BANK
CASH(CBLO/REVERSE REPO)
CORPORATES
FINANCIAL SERVICES
GOI/TBILLS
NBFC
REAL ESTATE
TOTAL
%age of Exposure
to Debt AUM $
12.43
1.95
29.77
26.88
14.19
14.09
0.69
100.00
$ - Includes Hybrid schemes - debt scheme schemes having equity exposure
34
INVESTMENT STYLE
FUND OF FUNDS
Style
Value
Maturity
Blend Growth Size
KOTAK ASSET ALLOCATOR FUND
An Open Ended Fund of Funds Scheme
(Earlier known as Kotak Equity FOF Scheme)
from a portfolio created by investing in
specified open-ended equity, and debt
schemes of Kotak Mahindra Mutual Fund.
investment objective of the Scheme will be
realized.
Large
Low
Mid
Medium
Small
High
PORTFOLIO
Issuer/Instrument
Industry/Rating
% to Net
Assets
Issuer/Instrument
Industry/Rating
Kotak Floater Long Term Direct
Exchange)
Growth
Mutual Fund Units
Kotak Select Focus Fund Direct
Allotment Date
Growth
August 9, 2004
Fund Manager
Equity Scheme
59.03
Kotak Mahindra Bond Plan
Debt Scheme
20.40
Kotak Liquid Plan A
Debt Scheme
10.19
% to Net
Assets
Debt Scheme
7.74
97.36
1.84
0.80
Grand Total
100
Mr. Deepak Gupta*
Benchmark
Crisil Balanced Fund
AAUM (` In Crores)
AAUM as on Apr 30, 2016: ` 27.03
AUM (` In Crores)
AUM as on Apr 30, 2016: `27.17
A) Regular Plan
B) Regular Plan / Options: Dividend Payout,
Dividend Frequency
switches
multiples of `1
above
Load Structure
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.
Exit Load shall be applicable incase
of switch from Regular Plan (where
broker code is mentioned) to Direct
Plan

Exit Load shall not be applicable:

Incase of switch from Regular Plan
(where no broker code is
mentioned) to Direct Plan

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).
exit load. (applicable for all plans)
PRODUCT LABEL
38.33
19.89
20.13
1.84
7.57 -
Riskometer
0.80
30.91
41.02
t el y
era
odLow
Moderate
Mo
d
Higerat
h e
ly
Kotak Asset Allocator Fund NAV as on April 29, 2016: `60.389 (Dividend Option), `61.297 (Direct Dividend Option), `62.039
M

60.66
87.20
Equity Scheme
Debt Scheme
35
79.95
39.11
Others
LOW
59.03
High
Direct:1.35%
Low
Regular: 1.50%
HIGH
Investment in open-ended diversified equity schemes and debt schemes of
Kotak Mahindra Mutual Fund
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
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.
Allotment Date
Size
PORTFOLIO
Issuer/Instrument
Industry/Rating
% to Net
Assets
Exchange)
Issuer/Instrument
Industry/Rating
% to Net
Assets
97.76
2.24
Grand Total
100
Mutual Fund Units
Pinebridge US Large Cap
December 20, 2013
Fund Manager
Research Enhance Fund
Overseas Mutual Fund
97.76
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 Apr 30, 2016: `4.90
AUM (` In Crores)
AUM as on Apr 30, 2016: `4.90
A) Regular Plan
Dividend Frequency
switches
multiples of `1
above
Kotak US Equity Fund NAV as on April 29, 2016: `11.791 (Dividend Option), `12.002 (Direct Dividend Option), `11.79 (Growth
Load Structure
Riskometer
2.24
M
Low
LOW
97.76
Others
Moderate
Mo
d
Higerat
h e
High
t el y
era
odLow
ly
Exit Load: I) For redemptions / switch outs
(including SIP/STP) within 1 year from the
the amount of investment 1%;
exit load.
PRODUCT LABEL
HIGH
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.
Regular: 1.40%
Direct: 0.65%
For scheme performance, please refer page no 44-53.
36
FUND OF FUNDS
INVESTMENT STYLE
Style
Value
Blend Growth
KOTAK GLOBAL EMERGING MARKET FUND
Large
Mid
Small
PORTFOLIO
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.
Mutual Fund Units
Allotment Date
MGF Asian Small Equity Fund
September 26, 2007
Fund Managers
Mr. Deepak Gupta (Dedicated fund
manager for Fund Managers overseas
investment) & Mr.Abhishek Bisen*
Size
Issuer/Instrument
Industry/Rating
% to Net
Assets
Exchange)
Issuer/Instrument
Industry/Rating
Markets ETF
Class I
% to Net
Assets
20.37
94.95
4.80
0.25
Grand Total
100
74.58
ishares MSCI Emerging
Benchmark
MSCI Emerging Market
AAUM (` In Crores)
AAUM as on Apr 30, 2016: `29.61
AUM (` In Crores)
AUM as on Apr 30, 2016: `29.15
A) Regular Plan
Dividend Frequency
switches
multiples of `1
above
Load Structure
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
if any) shall be credited back to the Scheme.
Regular: 1.89%
Kotak Global Emerging Market Fund NAV as on April 29, 2016: `12.554 (Dividend Option), `12.833 (Direct Dividend Option), `12.554
Direct: 1.39%
PRODUCT LABEL
4.80
Riskometer
0.25
Low
LOW
94.95
37
Others
Moderate
Mo
d
Higerat
h e
High
98.72
95.36
93.72
t el y
era
odLow
ly
M
4.56
6.13
HIGH
Investment in overseas mutual fund schemes that invest in a diversified
portfolio of securities in global emerging markets
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
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
Exchange)
Issuer/Instrument
Industry/Rating
% to Net
Assets
98.40
3.62
Mutual Fund Units
Falcon Gold Equity ASIA
-2.02
98.40
Grand Total
100
Allotment 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 Apr 30, 2016: `44.29
AUM (` In Crores)
AUM as on Apr 30, 2016: `48.28
A) Regular Plan
Dividend Frequency
switches
Kotak World Gold Fund NAV as on April 29, 2016: `8.359 (Dividend Option), `8.566 (Direct Dividend Option), `10.084(Growth
for switches
3.62
PRODUCT LABEL
Riskometer
-2.02
4.53-
t el y
era
odLow
Moderate
Mo
d
Higerat
h e
ly
M
above
Exit Load:
amount of investment 1%;
102.1599.03
97.71
100.05
98.43
98.40
Others
LOW
High
Low
Load Structure
HIGH
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
iii) Any exit load charged (net off ServiceTax,
exit load.
Regular: 1.89%
Direct: 1.29%
38
ETF SCHEMES
KOTAK GOLD ETF
An Open Ended Gold Exchange Traded Fund
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
Industry/
Rating
% to Net
Assets
-0.06
Allotment Date
July 27, 2007
Gold Fineness99.5
Gold
100.06
Grand Total
100.00
Fund Manager
Mr. Abhishek Bisen*
100.06
Benchmark
Physical Gold
AAUM (Ìn Crores)
NAV
AAUM as on Apr 30, 2016: ` 492.96
AUM (Ìn Crores)
AUM as on Apr 30, 2016: ` 501.03
Kotak Gold ETF NAV as on April 29, 2016: `276.9393
Tracking Error: 0.06
A) Regular Plan
B) Direct Plan
Through Exchange:10 Units,
Through AMC: 10000 Units,
Ideal Investment Horizon: 3 years and
above
Load Structure
Regular: 1.00%
Direct: NA
Sector Allocation (%)
PRODUCT LABEL
Riskometer
Low
Moderate
Mo
d
Higerat
h e
High
LOW
t el y
era
odLow
ly
M
-0.06
HIGH
100.06
Gold
39
For scheme performance, please refer page no 44-53
Others
Returns in line with physical gold over medium to long term, subject to
tracking error
Investment in physical gold
ETF SCHEMES
KOTAK NIFTY ETF
An Open Ended Exchange Traded Fund
[Eligible scheme under Rajiv Gandhi Equity Savings Scheme (RGESS)]
to provide returns before expenses that
closely correspond to the total returns of
the CNX Nifty subject to tracking errors.
Allotment Date
February 2, 2010
Fund Manager
Mr. Deepak Gupta*
Benchmark
Nifty 50
AAUM (Ìn Crores)
AAUM as on Apr 30, 2016: ` 307.93
AUM (Ìn Crores)
AUM as on Apr 30, 2016: `309.76
A) Regular Plan
B) Direct Plan
Ratios
Tracking Error: 0.09%
Through Exchange:1 Unit,
above
Load Structure
Regular:0.10%
Direct: NA
PORTFOLIO
Issuer / Instrument
Industry/
Rating
% to Net
Assets
Exchange)
Infosys Ltd.
Software
8.42
HDFC Bank Ltd.
Banks
7.78
ITC Ltd.
6.38
HDFC Ltd.
Finance
5.99
Petroleum Products
5.66
ICICI Bank Ltd.
Banks
4.80
4.71
3.59
Sun Pharmaceuticals
Industries Ltd.
Pharmaceuticals
3.06
Tata Motors Ltd.
Auto
2.76
Axis Bank Ltd
Banks
2.75
Banks
2.57
2.16
Auto
2.13
State Bank Of India
Banks
2.05
IndusInd Bank Ltd.
Banks
1.78
Auto
1.76
Bharti Airtel Ltd.
Telecom - Services
1.72
Software
1.48
Asian Paints Ltd.
1.36
Pharmaceuticals
1.36
Oil & Natural Gas
Corporation Ltd.
Oil
1.36
Lupin Ltd.
Pharmaceuticals
1.34
Coal India Ltd.
Minerals/Mining
1.27
Hero MotoCorp Ltd.
Auto
1.27
Wipro Ltd.
Software
1.24
Bajaj Auto Ltd.
Auto
1.21
Corporation Limited
Power
1.20
Issuer / Instrument
India Ltd
Yes Bank Ltd
Tech Mahindra Ltd.
Cipla Ltd.
Bharat Petroleum
Corporation Ltd.
Eicher Motors Ltd
Tata Steel Limited.
Zee Entertainment
Enterprises Ltd
Industry/
Rating
% to Net
Assets
Cement
1.12
Power
Banks
Software
Pharmaceuticals
Cement
1.10
1.08
1.05
0.95
0.92
Petroleum Products
Auto
Ferrous Metals
0.89
0.85
0.82
0.79
Transportation
Pharmaceuticals
Accessories
Bosch Limited
Auto Ancillaries
Ambuja Cements Ltd
Cement
GAIL (India) Ltd.
Gas
Bank Of Baroda
Banks
Auto
ACC Ltd.
Cement
Idea Cellular Ltd.
Telecom - Services
Tata Power Co. Ltd.
Power
Bharat Heavy Electricals Ltd.
Grand Total
0.76
0.71
0.69
0.62
0.60
0.59
0.52
0.52
0.47
0.46
0.45
0.43
0.40
99.95
0.05
100
NAV
Kotak Nifty ETF NAV as on April 29, 2016 : ` 797.5273
2.75
3.11
4.65
3.59
9.96
10.12
PRODUCT LABEL
Riskometer
23.33
24.27
M
Moderate
Mo
d
Higerat
h e
ly
5.81
t el y
era
odLow
7.42
16.90
9.90
10.50
Banks
Software
Auto
Finance
Pharmaceuticals
Cement
Petroleum Products
Others
Power
LOW
High
16.42
16.71
6.55
Low
5.99
6.63
HIGH
Investment in stocks comprising the underlying index and endeavours to
track the benchmark index
40
ETF SCHEMES
KOTAK SENSEX ETF
[Eligible scheme under Rajiv Gandhi Equity Savings Scheme (RGESS)]
the BSE SENSEX subject to tracking errors.
PORTFOLIO
Issuer / Instrument
Industry/
Rating
% to Net
Assets
Allotment Date
Exchange)
June 6, 2008
Infosys Ltd.
Software
Fund Manager
HDFC Bank Ltd.
Banks
9.64
ITC Ltd.
7.89
HDFC Ltd.
Finance
7.42
AAUM (Ìn Crores)
Petroleum Products
7.01
AAUM as on Apr 30, 2016: ` 10.52
ICICI Bank Ltd.
Banks
5.94
AUM (Ìn Crores)
Software
5.60
AUM as on Apr 30, 2016: ` 10.48
4.44
Sun Pharmaceuticals
Industries Ltd.
Pharmaceuticals
3.79
Axis Bank Ltd
Banks
3.44
Tata Motors Ltd.
Auto
3.37
2.67
Auto
2.64
State Bank Of India
Banks
2.60
Bharti Airtel Ltd.
Telecom - Services
2.20
above
Auto
2.18
Load Structure
Pharmaceuticals
1.71
Asian Paints Ltd.
1.69
Oil & Natural Gas
Mr. Deepak Gupta*
Benchmark
S&P BSE SENSEX
A) Regular Plan
B) Direct Plan
Ratios
10.45
Issuer / Instrument
Industry/
Rating
% to Net
Assets
Corporation Ltd.
Oil
1.69
Lupin Ltd.
Pharmaceuticals
1.66
Coal India Ltd.
Minerals/Mining
1.57
Wipro Ltd.
Software
1.54
Hero MotoCorp Ltd.
Auto
1.53
Bajaj Auto Ltd.
Auto
1.46
Corporation Limited
Power
1.24
Cipla Ltd.
Pharmaceuticals
1.17
Tata Steel Limited.
Ferrous Metals
1.01
Transportation
0.94
GAIL (India) Ltd.
Gas
0.73
Bharat Heavy Electricals Ltd.
0.49
99.71
0.29
Grand Total
100
Regular: 0.25%
NAV
Direct: NA
Kotak Sensex ETF NAV as on April 29, 2016 : ` 260.6882
PRODUCT LABEL
Riskometer
M
22.46
22.6821.62
22.67
Low
16.58
17.4
16.44
10.4
10.29
10.12
t el y
era
odLow
Moderate
Mo
d
Higerat
h e
High
8.33
6.27
1.69 5.79
5.65
5.4
ly
2.20
4.9
5.2
4.44
6.645.68
6.15
6.11
7.01
8.41
8.28
8.1
7.42
9.83
9.87
10.06
10.74
10.5
10.55
LOW
17.59
HIGH
11.18
12.25
Auto
Banks
Software
Pharmaceuticals
Petroleum Products
Oil
Telecom - Services
Others
41
Finance
ETF SCHEMES
KOTAK BANKING ETF
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.
Allotment Date
PORTFOLIO
Issuer / Instrument
Industry/
Rating
% to Net
Assets
Exchange)
HDFC Bank Ltd.
Banks
32.40
ICICI Bank Ltd.
Banks
20.01
Axis Bank Ltd
Banks
11.43
Banks
10.69
State Bank Of India
Banks
8.52
IndusInd Bank Ltd.
Banks
7.43
Yes Bank Ltd
Banks
4.49
Bank Of Baroda
Banks
2.17
December 04, 2014
Fund Manager
Mr. Deepak Gupta*
AAUM (Ìn Crores)
AAUM as on Apr 30, 2016: ` 836.62
AUM (Ìn Crores)
AUM as on Apr 30, 2016: ` 912.32
Industry/
Rating
% to Net
Assets
Federal Bank Ltd.
Banks
1.15
Banks
0.94
Canara Bank
Banks
0.42
Bank of India
Banks
0.33
Benchmark
Nifty Bank
Issuer / Instrument
99.98
0.02
Grand Total
100
Option - Dividend Payout
Ratios
above
Load Structure
NAV
Kotak Banking ETF NAV as on April 29, 2016: `169.2405
Regular:0.20%
Direct: NA
PRODUCT LABEL
Riskometer
Low
Moderate
Mo
d
Higerat
h e
High
LOW
t el y
era
odLow
ly
M
0.02
HIGH
99.98
Banks
Others
42
ETF SCHEMES
KOTAK PSU BANK ETF
to provide returns that closely correspond
to the total returns of CNX PSU Bank Index,
subject to tracking errors.
Allotment Date
PORTFOLIO
Issuer / Instrument
Industry/
Rating
% to Net
Assets
Exchange)
November 8, 2007
Fund Manager
Mr. Deepak Gupta*
State Bank Of India
Banks
60.30
Bank Of Baroda
Banks
15.33
Banks
6.67
Union Bank Of India
Banks
3.33
Canara Bank
Banks
2.99
Benchmark
Nifty PSU Bank
AAUM (Ìn Crores)
AAUM as on Apr 30, 2016: ` 15.87
AUM (Ìn Crores)
A) Regular Plan
Industry/
Rating
% to Net
Assets
Syndicate Bank
Banks
1.47
Allahabad Bank.
Banks
1.33
Andhra Bank
Banks
1.33
Banks
1.15
Banks
1.05
AUM as on Apr 30, 2016: `15.11
Issuer / Instrument
99.98
0.02
Grand Total
100
Industrial Development
Bank of India Ltd.
Banks
2.71
Bank of India
Banks
2.32
B) Direct Plan
Ratios
NAV
Kotak PSU Bank ETF NAV as on April 29, 2016: ` 248.7123
above
Load Structure
Exit Load: Nil (applicable for all plans)Total
Regular:0.49%
Direct: NA
PRODUCT LABEL
Riskometer
Low
LOW
Moderate
Mo
d
Higerat
h e
High
100.00
99.96
t el y
era
odLow
ly
M
0.02
HIGH
99.98
Banks
43
Others
Scheme Performances as on April 30, 2016
Kotak 50 - Dividend
Scheme
Returns ^
Nifty 50
#
S&P BSE
Sensex ##
Dec 29, 1998 (Since Inception)
19.73%
13.47%
13.05%
Mar 31, 2015 To Mar 31, 2016
-4.55%
-8.86%
-9.36%
Mar 31, 2014 To Mar 31, 2015
42.21%
26.65%
24.89%
Mar 31, 2013 To Mar 31, 2014
14.38%
17.98%
18.85%
Current Value of Standard Investment of ` 10000 in the
Scheme (`)
Benchmark #(`)
Additional
Benchmark # # (`)
224,093
88,677
83,189
NA
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 ^
Nifty 500
#
Nifty 50
##
Scheme (`)
Jul 27, 2005 (Since Inception)
11.73%
12.13%
11.94%
Mar 31, 2015 To Mar 31, 2016
-9.35%
-8.07%
-8.86%
Mar 31, 2014 To Mar 31, 2015
34.56%
29.14%
26.65%
Mar 31, 2013 To Mar 31, 2014
17.01%
18.25%
17.98%
32,709
Benchmark #(`)
Additional
Benchmark # # (`)
33,997
33,368
NA
Kotak Opportunities Fund - Growth
Scheme
Returns^
Nifty 500
#
Nifty 50
##
Sep 09, 2004 (Since Inception)
19.44%
14.14%
14.30%
Mar 31, 2015 To Mar 31, 2016
-5.61%
-7.54%
-8.86%
Mar 31, 2014 To Mar 31, 2015
49.35%
33.56%
26.65%
Mar 31, 2013 To Mar 31, 2014
20.00%
17.72%
17.98%
Scheme (`)
Benchmark #(`)
Additional
Benchmark # # (`)
78,041
46,141
46,928
NA
Kotak Select Focus Fund - Growth
Scheme
Returns ^
Nifty 200
#
Nifty 50
##
12.91%
7.63%
7.46%
Mar 31, 2015 To Mar 31, 2016
-2.84%
-8.11%
-8.86%
Mar 31, 2014 To Mar 31, 2015
51.45%
31.47%
26.65%
Mar 31, 2013 To Mar 31, 2014
23.63%
17.57%
17.98%
Scheme (`)
Benchmark #(`)
Additional
Benchmark # # (`)
22,162
16,199
16,023
NA
44
Kotak Tax Saver - Growth
Scheme
Returns^
Nifty 500
#
Nifty 50
##
Nov 23, 2005 (Since Inception)
10.78%
10.68%
11.07%
Mar 31, 2015 To Mar 31, 2016
-8.01%
-7.54%
-8.86%
Mar 31, 2014 To Mar 31, 2015
57.02%
33.56%
26.65%
Mar 31, 2013 To Mar 31, 2014
9.61%
17.72%
17.98%
Scheme (`)
Benchmark #(`)
Additional
Benchmark # # (`)
28,882
28,606
29,665
NA
Kotak Midcap Fund - Growth
Scheme
Returns ^
Nifty Midcap 100
#
Nifty 50
##
Scheme (`)
Feb 24, 2005 (Since Inception)
15.88%
14.02%
12.68%
Mar 31, 2015 To Mar 31, 2016
1.77%
-1.91%
-8.86%
Mar 31, 2014 To Mar 31, 2015
65.62%
50.96%
26.65%
Mar 31, 2013 To Mar 31, 2014
18.74%
16.36%
17.98%
51,353
Benchmark #(`)
42,944
Additional
Benchmark # # (`)
37,651
NA
Kotak Emerging Equity Scheme - Growth
Scheme
Returns^
S&P BSE
Midcap #
Nifty 50
##
Scheme (`)
Mar 30, 2007 (Since Inception)
10.79%
9.33%
8.14%
Mar 31, 2015 To Mar 31, 2016
-2.27%
-3.34%
-8.86%
Mar 31, 2014 To Mar 31, 2015
83.34%
51.11%
26.65%
Mar 31, 2013 To Mar 31, 2014
17.10%
14.86%
17.98%
25,170
Benchmark #(`)
22,335
Additional
Benchmark # # (`)
20,249
NA
Kotak Infrastructure & Economic Reform Fund - Growth
Scheme
Returns^
S&P BSE 100
#
Nifty 50
##
4.94%
4.61%
5.03%
Mar 31, 2015 To Mar 31, 2016
-5.77%
-8.96%
-8.86%
Mar 31, 2014 To Mar 31, 2015
62.75%
28.32%
26.65%
Mar 31, 2013 To Mar 31, 2014
21.38%
18.11%
17.98%
Scheme (`)
Benchmark #(`)
Additional
Benchmark # # (`)
14,782
14,409
14,880
NA
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).
45
41
Kotak Balance
CRISIL
Balanced Fund
#
Scheme
Returns ^
Nifty 50
##
14.31%
NA
10.98%
Mar 31, 2015 To Mar 31, 2016
-7.91%
-2.90%
-8.86%
Mar 31, 2014 To Mar 31, 2015
26.76%
22.53%
26.65%
Mar 31, 2013 To Mar 31, 2014
13.14%
13.40%
17.98%
Scheme (`)
Benchmark #(`)
Additional
Benchmark # # (`)
89,211
NA
54,935
NA
Kotak Equity Arbitrage Fund - Growth
Scheme
Returns ^
Crisil Liquid Fund
#
Nifty 50
##
7.81%
7.44%
10.89%
Mar 31, 2015 To Mar 31, 2016
6.83%
8.06%
-8.86%
Mar 31, 2014 To Mar 31, 2015
8.85%
8.98%
26.65%
Mar 31, 2013 To Mar 31, 2014
9.32%
9.54%
17.98%
Scheme (`)
Benchmark #(`)
Additional
Benchmark # # (`)
22,032
21,255
29,635
NA
Kotak Liquid - Plan A - Growth
Scheme
Returns^
Crisil Liquid Fund
#
CRISIL 1 Year T-Bill
##
Scheme (`)
7.52%
6.95%
5.87%
Mar 31, 2015 To Mar 31, 2016
8.20%
8.06%
7.69%
Mar 31, 2014 To Mar 31, 2015
8.99%
8.98%
8.74%
Mar 31, 2013 To Mar 31, 2014
9.45%
9.54%
5.84%
24,596
Benchmark #(`)
23,023
Additional
Benchmark # # (`)
20,302
NA
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
#
##
Scheme (`)
7.41%
6.88%
5.86%
Mar 31, 2015 To Mar 31, 2016
8.27%
8.06%
7.69%
Mar 31, 2014 To Mar 31, 2015
9.05%
8.98%
8.74%
Mar 31, 2013 To Mar 31, 2014
9.47%
9.54%
5.84%
24,824
Benchmark #(`)
Additional
Benchmark # # (`)
23,316
20,628
NA
(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).
46
Kotak Treasury Advantage Fund - Growth
Scheme
Returns ^
Crisil Liquid Fund
#
CRISIL 1 Year TBill
##
Scheme (`)
Aug 13, 2004 (Since Inception)
7.87%
7.15%
5.99%
Mar 31, 2015 To Mar 31, 2016
8.43%
8.06%
7.69%
Mar 31, 2014 To Mar 31, 2015
9.29%
8.98%
8.74%
Mar 31, 2013 To Mar 31, 2014
9.17%
9.54%
5.84%
Benchmark #(`)
Additional
Benchmark # # (`)
22,337
19,686
24,148
NA
^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:
Kotak Banking and PSU Debt Fund - Growth
Scheme
Returns^
Crisil Liquid Fund
#
CRISIL 1 Year TBill
##
Scheme (`)
7.29%
NA
6.64%
Mar 31, 2015 To Mar 31, 2016
8.35%
8.06%
7.69%
Mar 31, 2014 To Mar 31, 2015
9.20%
8.98%
8.74%
Mar 31, 2013 To Mar 31, 2014
10.28%
9.54%
5.84%
33,709
Benchmark #(`)
NA
Additional
Benchmark # # (`)
30,361
NA
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 #
##
Scheme (`)
7.71%
7.73%
6.44%
Mar 31, 2015 To Mar 31, 2016
8.95%
8.06%
7.69%
Mar 31, 2014 To Mar 31, 2015
9.86%
8.98%
8.74%
Mar 31, 2013 To Mar 31, 2014
7.05%
9.54%
5.84%
18,216
Benchmark #(`)
18,245
Additional
Benchmark # # (`)
16,558
NA
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
##
Scheme (`)
May 02, 2002 (Since Inception)
7.72%
7.16%
5.90%
Mar 31, 2015 To Mar 31, 2016
7.93%
8.47%
7.69%
Mar 31, 2014 To Mar 31, 2015
9.91%
10.32%
8.74%
Mar 31, 2013 To Mar 31, 2014
7.40%
8.86%
5.84%
28,177
Benchmark #(`)
Additional
Benchmark # # (`)
26,184
22,212
NA
(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).
47
Kotak Flexi Debt Fund - Plan A - Growth
Scheme
Returns^
Crisil Composite Bond
Fund #
##
Scheme (`)
8.43%
7.77%
6.44%
Mar 31, 2015 To Mar 31, 2016
8.34%
8.24%
7.69%
Mar 31, 2014 To Mar 31, 2015
10.20%
14.59%
8.74%
Mar 31, 2013 To Mar 31, 2014
9.11%
4.39%
5.84%
18,874
Benchmark #(`)
Additional
Benchmark # # (`)
17,990
16,325
NA
(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:
Kotak Income Opportunities Fund - Growth
Scheme
Returns^
Crisil Short Term Bond
Fund #
CRISIL 1 Year TBill
##
Scheme (`)
8.66%
8.35%
6.84%
Mar 31, 2015 To Mar 31, 2016
9.12%
8.47%
7.69%
Mar 31, 2014 To Mar 31, 2015
10.75%
10.32%
8.74%
Mar 31, 2013 To Mar 31, 2014
7.79%
8.86%
5.84%
16,312
Benchmark #(`)
Additional
Benchmark # # (`)
16,046
14,772
NA
^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:
Kotak Corporate Bond Fund - Growth
Scheme
Returns ^
Fund #
CRISIL 1 Year Gilt
##
Scheme (`)
8.20%
7.67%
6.39%
Mar 31, 2015 To Mar 31, 2016
8.04%
8.24%
7.69%
Mar 31, 2014 To Mar 31, 2015
13.22%
14.59%
8.74%
Mar 31, 2013 To Mar 31, 2014
4.54%
4.39%
5.84%
19,585
Benchmark #(`)
18,790
Additional
Benchmark # # (`)
16,966
NA
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
##
10.47%
11.34%
11.19%
Mar 31, 2015 To Mar 31, 2016
9.28%
8.24%
7.97%
Mar 31, 2014 To Mar 31, 2015
11.71%
14.59%
14.57%
Scheme (`)
Benchmark #(`)
Additional
Benchmark # # (`)
12,218
12,412
12,377
NA
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:
48
Kotak Bond - Plan A - Growth
Scheme
Returns^
Fund #
CRISIL 10 Year Gilt
##
9.18%
NA
NA
Mar 31, 2015 To Mar 31, 2016
5.32%
8.24%
7.97%
Mar 31, 2014 To Mar 31, 2015
15.87%
14.59%
14.57%
Mar 31, 2013 To Mar 31, 2014
1.71%
4.39%
-0.96%
Scheme (`)
Benchmark #(`)
Additional
Benchmark # # (`)
42,047
NA
NA
NA
Kotak Gilt - Investment Regular Plan - Growth
Scheme
Returns^
ISEC Composite
#
CRISIL 10 Year Gilt
##
Scheme (`)
9.84%
NA
NA
Mar 31, 2015 To Mar 31, 2016
5.67%
8.22%
7.97%
Mar 31, 2014 To Mar 31, 2015
18.27%
15.60%
14.57%
Mar 31, 2013 To Mar 31, 2014
-0.41%
3.96%
-0.96%
Benchmark #(`)
50,532
NA
Additional
Benchmark # # (`)
NA
NA
Kotak Gilt Investment PF & Trust Plan - Growth
Scheme
Returns^
ISEC Composite
#
CRISIL 10 Year Gilt
##
Scheme (`)
7.28%
7.25%
5.23%
Mar 31, 2015 To Mar 31, 2016
5.79%
8.22%
7.97%
Mar 31, 2014 To Mar 31, 2015
18.29%
15.60%
14.57%
Mar 31, 2013 To Mar 31, 2014
-0.36%
3.96%
-0.96%
23,901
Benchmark #(`)
Additional
Benchmark # # (`)
23,812
18,820
NA
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
##
7.47%
7.85%
5.32%
Mar 31, 2015 To Mar 31, 2016
4.23%
5.67%
7.97%
Mar 31, 2014 To Mar 31, 2015
18.93%
16.45%
14.57%
Mar 31, 2013 To Mar 31, 2014
7.76%
6.52%
-0.96%
Scheme (`)
Benchmark #(`)
Additional
Benchmark # # (`)
24,313
25,412
18,953
NA
(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. ^
49
Kotak Multi Asset Allocation Fund - Growth
Scheme
Returns ^
75% Crisil Short term
Bond Fund ,15%
Nifty 50 & 10%
Prices of Gold #
CRISIL 10 Year Gilt
##
Scheme (`)
Jan 21, 2011 (Since Inception)
7.70%
8.72%
7.18%
Mar 31, 2015 To Mar 31, 2016
2.72%
6.32%
7.97%
Mar 31, 2014 To Mar 31, 2015
13.50%
11.10%
14.57%
Mar 31, 2013 To Mar 31, 2014
4.37%
8.92
-0.96%
14,700
Benchmark #(`)
15,442
Additional
Benchmark # # (`)
14,338
NA
#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
Kotak US Equity Fund - Growth
Scheme
Returns ^
Standard & Poor s 500
Total Return Net
#
Nifty 50
##
Scheme (`)
7.45%
11.01%
9.64%
Mar 31, 2015 To Mar 31, 2016
3.87%
8.05%
-8.86%
Mar 31, 2014 To Mar 31, 2015
13.83%
17.28%
26.65%
11,780
Benchmark #(`)
Additional
Benchmark # # (`)
12,688
12,334
NA
#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
Kotak World Gold Fund - Growth
Scheme
Returns ^
Financial Times
Gold Mines Total-Price
#
Nifty 50
##
Scheme (`)
Jun 06, 2008 (Since Inception)
-2.22%
-3.48%
6.79%
Mar 31, 2015 To Mar 31, 2016
12.52%
28.08%
-8.86%
Mar 31, 2014 To Mar 31, 2015
-22.71%
-19.44%
26.65%
Mar 31, 2013 To Mar 31, 2014
-17.01%
-29.81%
17.98%
8,388
Benchmark #(`)
Additional
Benchmark # # (`)
7,583
16,722
NA
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
##
Scheme (`)
13.52%
14.88%
6.74%
Mar 31, 2015 To Mar 31, 2016
10.20%
11.47%
7.97%
Mar 31, 2014 To Mar 31, 2015
-6.58%
-6.19%
14.57%
Mar 31, 2013 To Mar 31, 2014
-8.02%
-6.28%
-0.96%
30,070
Benchmark #(`)
Additional
Benchmark # # (`)
33,372
17,614
NA
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).
50
Kotak Nifty ETF
Scheme
Returns ^
Nifty 50
#
S&P BSE Sensex
##
Scheme (`)
9.32%
8.23%
7.84%
Mar 31, 2015 To Mar 31, 2016
-7.66%
-8.86%
-9.36%
Mar 31, 2014 To Mar 31, 2015
28.04%
26.65%
24.89%
Mar 31, 2013 To Mar 31, 2014
19.29%
17.98%
18.85%
17,292
Benchmark #(`)
16,256
Additional
Benchmark # # (`)
15,903
NA
units of the scheme at the then prevailing NAV. Returns <= 1 year: Absolute; Returns > 1 year: CAGR (Compounded Annualised Growth Rate).
Kotak SENSEX ETF
Scheme
Returns^
S&P BSE
Sensex #
Nifty 50 ##
Scheme (`)
Jun 06, 2008 (Since Inception)
7.50%
6.42%
6.79%
Mar 31, 2015 To Mar 31, 2016
-8.19%
-9.36%
-8.86%
Mar 31, 2014 To Mar 31, 2015
26.23%
24.89%
26.65%
Mar 31, 2013 To Mar 31, 2014
20.32%
18.85%
17.98%
17,600
Benchmark #(`)
16,274
Additional
Benchmark # # (`)
16,722
NA
units of the scheme at the then prevailing NAV. Returns <= 1 year: Absolute; Returns > 1 year: CAGR (Compounded Annualised Growth Rate).
Kotak PSU Bank ETF
Scheme
Returns^
Nifty PSU Bank
#
Nifty 50
##
Scheme (`)
0.05%
-1.93%
3.71%
Mar 31, 2015 To Mar 31, 2016
-27.31%
-28.19%
-8.86%
Mar 31, 2014 To Mar 31, 2015
24.39%
24.53%
26.65%
Mar 31, 2013 To Mar 31, 2014
-6.54%
-10.15%
17.98%
10,039
Benchmark #(`)
8,487
Additional
Benchmark # # (`)
13,579
NA
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
at the then prevailing NAV. Returns <= 1 year: Absolute; Returns > 1 year: CAGR (Compounded Annualised Growth Rate).
Kotak Global Emerging Equity Market Fund
Scheme
Returns^
MSCI Emerging
Market Index #
Nifty 50
##
Scheme (`)
2.77%
1.97%
5.41%
Mar 31, 2015 To Mar 31, 2016
-11.95%
-8.85%
-8.86%
Mar 31, 2014 To Mar 31, 2015
3.89%
1.94%
26.65%
Mar 31, 2013 To Mar 31, 2014
12.79%
5.88%
17.98%
12,616
Benchmark #(`)
11,805
Additional
Benchmark # # (`)
15,663
NA
51
Kotak Asset Allocator Fund - Growth
Scheme
Returns ^
CRISIL Balanced
Fund #
S&P BSE
SENSEX ##
Scheme (`)
16.82%
11.85%
14.50%
Mar 31, 2015 To Mar 31, 2016
3.99%
-2.90%
-9.36%
Mar 31, 2014 To Mar 31, 2015
33.91%
22.53%
24.89%
Mar 31, 2013 To Mar 31, 2014
20.98%
13.40%
18.85%
61,182
Benchmark #(`)
36,848
Additional
Benchmark # # (`)
48,425
NA
Kotak Banking ETF
Scheme
Returns ^
Nifty Bank #
Nifty 50##
-9.26%
-9.77%
-5.70%
Mar 31, 2015 To Mar 31, 2016
-10.61%
-11.34%
-8.86%
Scheme (`)
Benchmark #(`)
Additional
Benchmark ## (`)
8807
8743
9261
NA
Kotak Equity Savings Fund - Growth
Scheme
Returns ^
75% Crisil Liquid Fund
Index & 25% Nifty 50 #
Nifty 50 ##
Oct 13, 2014 (Since Inception)
6.49%
3.17%
-1.27%
Mar 31, 2015 To Mar 31, 2016
3.09%
-1.24%
-8.86%
Scheme (`)
Benchmark #(`)
Additional
Benchmark ## (`)
10,966
10,469
9,815
NA
FMP's and Gold Fund Performance as on April 30, 2016
Kotak FMP Series 131 - (1061D) - Reg - Growth
Scheme
Returns ^
Crisil Short Term
Bond Fund #
CRISIL 1 Year
T-Bill ##
10.81%
9.50%
8.23%
Mar 31, 2015 To Mar 31, 2016
9.18%
8.47%
7.69%
Mar 31, 2014 To Mar 31, 2015
11.85%
10.32%
8.74%
Scheme (`)
Benchmark #(`)
Additional
Benchmark ## (`)
12,626
12,290
11,967
OTHER PERFORMANCE
NA
52
Scheme
Returns (%) ^
Crisil Short Term
Bond Fund #
CRISIL 1 Year
T-Bill ##
Jan 08, 2014 (Since Inception)
8.99%
9.50%
8.21%
Mar 31, 2015 To Mar 31, 2016
8.13%
8.47%
7.69%
Mar 31, 2014 To Mar 31, 2015
9.60%
10.32%
8.74%
Scheme (`)
Benchmark #(`)
Additional
Benchmark ## (`)
12,113
12,241
11,921
NA
Scheme
Returns (%) ^
Crisil Short Term
Bond Fund #
CRISIL 1 Year
T-Bill ##
9.18%
9.73%
8.26%
Mar 31, 2015 To Mar 31, 2016
7.67%
8.47%
7.69%
Mar 31, 2014 To Mar 31, 2015
9.70%
10.32%
8.74%
Scheme (`)
Benchmark #(`)
Additional
Benchmark ## (`)
12,621
12,790
12,340
NA
Scheme
Returns (%) ^
Crisil Short Term
Bond Fund #
CRISIL 1 Year
T-Bill ##
8.40%
9.53%
8.26%
Mar 31, 2015 To Mar 31, 2016
7.67%
8.47%
7.69%
Mar 31, 2014 To Mar 31, 2015
9.17%
10.32%
8.74%
Scheme (`)
Benchmark #(`)
Additional
Benchmark ## (`)
12,030
12,318
11,993
NA
Kotak Gold Fund
Scheme
Returns ^
Physical Gold
Price #
CRISIL 10 Year
Gilt ##
4.45%
6.87%
6.91%
Mar 31, 2015 To Mar 31, 2016
7.09%
11.47%
7.97%
Mar 31, 2014 To Mar 31, 2015
-10.38%
-6.19%
14.57%
Mar 31, 2013 To Mar 31, 2014
-4.45%
-6.28%
-0.96%
Scheme (`)
Benchmark #(`)
Additional
Benchmark ## (`)
12,446
13,962
13,985
NA
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).
53
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), Kotak Tax Saver (Aug. 25,'15)
Business Experience
Mr. Harsha has nearly two decades of rich experience spread over Equity Research and Fund Management. His prior stints have been
with companies such as DSP BlackRock, UTI Asset Management, Reliance Group and SG Asia Securities. Mr. Harsha is a Bachelor of
Engineering (Mechanical) from National Institute of Technology, Suratkal, a Post Graduate in Management (Finance) from Indian
Institute of Management, Lucknow and Chartered Financial Analyst from the CFA Institute.
Name: Mr. Harish Krishnan
Kotak 50 (Nov. 15, 13), Kotak Infrastructure & Economic Reform Fund (Jan31,'15), Kotak Classic Equity (Aug. 25,'15), Kotak India
Growth Fund Series I (May 06, 15)
Business Experience
Mr. Harish has a decade 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. Mr. Harish has also worked at Infosys Technologies Ltd in his
earlier stint. He is a Bachelor of Technology (Electronics & Communications) from Government Engineering College, Trichur, a post
Graduate in Management from Indian Institute of Management, Kozhikode and a Chartered Financial Analyst from the CFA Institute.
Name: Mr. Pankaj Tibrewal
Kotak Midcap (Jan. 21, 10) , Kotak Emerging Equity (May 27,'10), Kotak Balance (Aug. 25,'15)
Business Experience
Mr. Pankaj is a graduate in Commerce from St. Xavier's College, Kolkata and holds a Master's degree in Finance from Manchester
University. He has been associated with the mutual fund industry since 2003 where he has managed several debt and equity schemes.
He has been a part of the organization since January 2010. Mr. Pankaj's earlier stint was with Principal Mutual Fund.
Name: Mr. Deepak Gupta
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 Balance (Aug. 25,'15), 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 PSU 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 has almost 10 years of experience in the mutual fund industry. He had joined the Equity Fund Management team as a
research analyst. He is now an Equity Fund Manager. Mr. Deepak is a Graduate in Commerce from Mumbai University. He is a qualified
Chartered Accountant, a Cost Accountant and has cleared the AIMR CFA Level 3.
Performance of top 3 and bottom 3 schemes of the Fund Manager
Fund Manager
Top 3
Bottom 3
Mr. Deepak Gupta
Kotak Equity Arbitrage Fund - Growth
Kotak Asset Allocator Fund - Growth
Kotak US Equity Fund - Growth
Kotak Banking ETF
Kotak Global Emerging Market Fund - Growth
Kotak PSU Bank ETF
Refer Page No.
14
35
36
42
37
43
54
Name: Mr. Abhishek Bisen
Kotak Balance (Apr. 15, 2008), Kotak Monthly Income Plan (Apr. 15, 08), Kotak Bond (Plan A) (Apr 15, 2008), Kotak Gilt Investment
(Regular & PF-Trust) (Apr. 15, 08), Kotak Global Emerging Market Fund (Apr. 15, 08), Kotak Multi Asset Allocation Fund (Jan. 21, 11),
Kotak Equity Savings Fund (Oct. 13, '14), Kotak Gold ETF (Jul. 27, 07), Kotak Gold Fund (Mar. 25, '11)
Business Experience
Mr. Abhishek has been associated with the company since October 2006 and his key responsibilities include fund management of debt
schemes. Prior to joining Kotak AMC, Me, 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. He has been awarded twice as one of the
Highly Commended Investors in Indian Rupees Bonds from the Asset magazine Hong Kong. His educational background is B.A
(Management) and MBA (Finance).
Fund Manager
Top 3
Bottom 3
Mr. Abhishek Bisen
Kotak Gold Fund - Growth
Kotak Gilt - Investment - PF and Trust - Growth
Kotak Gilt - Investment - Regular - Growth
Kotak Multi Asset Allocation Fund - Growth
Kotak Balance - Dividend
Kotak Global Emerging Market Fund - Growth
Refer Page No.
53
31
31
33
13
37
Name: Mr. Deepak Agrawal
(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 Kotak Banking and PSU Debt Fund (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 Term Fund (Mar. 21, 14), Kotak Low Duration
Fund (Jan. 31, 15), Kotak Corporate Bond Fund (Jan. 31, 15), All Fix Maturity Plans in existence (Aug. 13,'15), All Quarterly Interval
Plans (QIPs) (Aug. 13,'15)
Business Experience
Mr. Deepak'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. Mr. Deepak is a Post Graduate in Commerce,
Chartered Account and Company Secretary.
Fund Manager
Top 3
Bottom 3
Mr. Deepak Agrawal
Kotak Medium Term Fund - Regular Plan - Growth
Kotak FMP Series 131 - (1061D) - Regular Plan - Growth
Kotak Income Opportunities Fund - Growth
Refer Page No.
29
52
27
53
53
53
Name: Mr. Devender Singhal
Kotak Monthly Income Plan (Aug. 25, 15)
Business Experience
Mr. Devender has been associated with the Kotak Group since July 2007. He is responsible for the research coverage of FMCG,
Automobiles and Media sectors at Kotak AMC since Feb 2009. Devender has an overall working experience of 14 years in equity
research and fund management. Prior to joining Kotak AMC, Devender worked with the PMS divisions of Kotak, Religare, Karvy and P
N Vijay Financial Services.
55
DIVIDEND HISTORY
Equity Schemes
Kotak Equity Arbitrage Fund
Record Date
Kotak Equity Saving Fund - Monthly Dividend Option
Cum Dividend NAV
Apr-25-16
Mar-28-16
Feb-22-16
10.7893
10.7960
10.7695
`/Unit
0.0622
0.0689
0.0424
Kotak Equity Arbitrage Fund - Bimonthly Dividend
Record Date
Cum Dividend NAV
Mar-28-16
Jan-25-16
Nov-23-15
20.1492
19.9418
20.1359
Kotak 50 - Dividend
Record Date
0.2254
0.2207
0.0810
Cum Dividend NAV
Jun-29-15
Dec-12-14
Feb-07-14
44.732
42.959
30.575
Kotak Classic Equity
Record Date
`/Unit
11.00
1.00
1.00
Cum Dividend NAV
Nov-20-15
Jul-25-14
Jan-23-14
`/Unit
18.450
18.227
19.202
`/Unit
0.50
1.00
4.30
Kotak Opportunities
Record Date
Cum Dividend NAV
Aug-28-15
Aug-25-14
Nov-11-11
`/Unit
24.388
21.411
13.862
1.60
1.00
0.50
Kotak Midcap
Record Date
Cum Dividend NAV
Feb-23-16
Feb-27-15
Feb-28-14
26.770
30.866
17.731
Kotak Tax Saver
Record Date
1.00
1.00
1.00
Cum Dividend NAV
Mar-22-16
Jan-21-16
Dec-30-14
`/Unit
`/Unit
16.266
16.113
17.542
0.650
0.70
0.10
Kotak Emerging Equity
Record Date
Cum Dividend NAV
Apr-28-15
May-02-14
May-02-13
`/Unit
21.499
13.073
11.491
2.10
0.50
0.50
Cum Dividend NAV
Aug-30-10
37.774
`/Unit
Individual/ HUF: 0.878
Others: 0.819
Kotak Select Focus
Record Date
Oct-12-15
Sept-26-14
Oct-15-10
Cum Dividend NAV
17.739
17.791
12.850
Apr-12-16
Mar-14-16
Feb-12-16
`/Unit
1.00
1.00
1.25
Cum Dividend NAV
10.3242
10.2735
10.067
`/Unit
0.020
0.040
0.040
Kotak Equity Saving Fund - Quarterly Dividend
Record Date
Cum Dividend NAV
`/Unit
Mar-21-16
Dec-21-15
Sep-21-15
10.3526
10.4600
10.5585
0.1200
0.1500
0.1443
Kotak Infrastructure and Economic Reform
Record Date
Cum Dividend NAV
`/Unit
Jun-23-15
Hybrid Schemes
Kotak Balance
Record Date
Apr-25-16
Mar-29-16
Feb-25-16
15.260
0.50
Cum Dividend NAV
14.774
14.241
13.075
`/Unit
0.07
0.07
0.07
Kotak Monthly Income Plan - Monthly Dividend
Record Date
Cum Dividend NAV
`/Unit
Apr-12-16
12.2418
Mar-14-16
11.9368
Feb-12-16
11.6813
Others: 0.0441
Others: 0.0428
Others: 0.0409
Kotak Monthly Income Plan - Quarterly Dividend
Record Date
Cum Dividend NAV
`/Unit
Dec-21-15
13.0660
Sep-14-15
13.1556
Jun-22-15
13.0535
Others: 0.1100
Others: 0.1138
Others: 0.1041
ETF SCHEMES
Kotak PSU Bank ETF
Record Date
Cum Dividend NAV
Nov-21-14
Feb-21-13
Kotak SENSEX ETF
Record Date
Nov-21-14
June-18-13
Kotak Nifty ETF
Record Date
Kotak Asset Allocator Fund (Earlier Know as
Kotak Equity FOF)
Record Date
Record Date
Nov-21-14
Jan-21-14
May-06-13
428.2343
358.8668
19.00
0.20
Cum Dividend NAV
290.4602
201.3164
858.2720
643.6753
613.1266
Sep-21-15
10.9939
Sep-21-15
10.9939
`/Unit
9.50
11.00
11.00
DEBT SCHEMES
Kotak Bond Plan A-Quarterly Dividend
Record Date
Cum Dividend NAV
11.137
`/Unit
6.00
7.00
Cum Dividend NAV
Mar-21-16
`/Unit
`/Unit
Others: 0.0742
Others: 0.1318
Others: 0.1318
56
54
Debt Schemes
Debt Schemes
Kotak Bond Plan A-Annual Dividend
Record Date
Cum Dividend NAV
Mar-20-14
21.2977
Mar-20-13
22.5941
`/Unit
Others: 0.2067
Others: 1.2006
Kotak Bond Short Term - Monthly Dividend
Record Date
Cum Dividend NAV
`/Unit
Apr-12-16
10.2583
Mar-14-16
10.1682
Feb-12-16
10.1286
Others: 0.1031
Others: 0.0428
Others: 0.0163
Kotak Bond Short Term-Half Yearly Dividend
Record Date
Cum Dividend NAV
`/Unit
Sep-21-15
11.519
Dec-30-14
11.1187
Sep-22-14
10.8686
Others: 0.4142
Others: 0.1631
Others: 0.0497
Kotak Income Opportunities Fund-Annual Dividend
Record Date
Cum Dividend NAV
`/Unit
Mar-14-16
11.0308
Mar-20-15
11.2454
Mar-20-14
10.8769
Others: 0.5709
Others: 0.7337
Others: 0.5492
Kotak Income Opportunities Fund-Monthly Dividend
Record Date
Cum Dividend NAV
`/Unit
Apr-12-16
10.3146
Mar-14-16
10.2341
Feb-12-16
10.2134
Others: 0.0969
Others: 0.0430
Others: 0.0292
Kotak Income Opportunities Fund-Quarterly Dividend
Record Date
Cum Dividend NAV
`/Unit
Mar-21-16
10.7923
Dec-21-15
10.6233
Sep-21-15
10.5524
Others: 0.1195
Others: 0.0451
Others: 0.1254
Kotak Floater Short Term-Monthly Dividend
Record Date
Cum Dividend NAV
`/Unit
Apr-12-16
1008.7548
Mar-14-16
1008.0212
Feb-12-16
1007.6878
Others: 4.9617
Others: 4.4708
Others: 4.2477
Kotak Treasury Advantage Fund-Monthly Dividend
Record Date
Cum Dividend NAV
`/Unit
57
Apr-12-16
10.1752
Mar-14-16
10.1508
Feb-12-16
10.1304
Others: 0.0517
Others: 0.0465
Others: 0.0329
Kotak Flexi Debt Plan A-Quarterly Dividend
Record Date
Cum Dividend NAV
`/Unit
Sep-21-15
11.1133
Jun-22-15
11.4334
Mar-20-14
11.2467
Others: 0.1700
Others: 0.4155
Others: 0.6097
Kotak Corporate Bond Fund-Standard Monthly Dividend
Record Date
Cum Dividend NAV
`/Unit
Apr-12-16
1052.1906
Mar-14-16
1043.9089
Feb-12-16
1041.1608
Others: 9.6441
Others: 4.1023
Others: 2.2633
Kotak Corporate Bond Fund-Retail Monthly Dividend
Record Date
Cum Dividend NAV
`/Unit
Dec-21-15
1051.6449
Sep-21-15
1059.8596
Apr-13-15
1037.1589
Others: 14.7945
Others: 20.2915
Others: 5.101
Kotak Corporate Bond Fund-Standard Quarterly Dividend
Record Date
Cum Dividend NAV
Mar-21-15
1060.944
Dec-21-15
1060.3578
Sep-21-15
1049.4689
`/Unit
Others: 10.8311
Others: 14.3284
Others: 7.9701
Kotak Gilt Investment Regular Plan-Dividend
Record Date
Cum Dividend NAV
`/Unit
Dec-21-15
12.0806
Sep-21-15
12.2955
Jun-22-15
12.1191
Others: 0.0054
Others: 0.1578
Others: 0.0970
Kotak Gilt Investment Provident Fund and Trust Plan-Dividend
Record Date
Cum Dividend NAV
Mar-21-16
11.9228
Dec-21-15
11.5420
Sep-21-15
11.7482
`/Unit
Others: 0.0875
Others: 0.0074
Others: 0.1541
Kotak Banking and PSU Debt Fund-Monthly Dividend
Record Date
Cum Dividend NAV
`/Unit
Apr-12-16
10.7441
Mar-14-16
10.7130
Feb-12-16
10.6790
Others: 0.0730
Others: 0.0521
Others: 0.0294
Kotak Banking and PSU Debt Fund-Annual Dividend
Record Date
Cum Dividend NAV
`/Unit
Mar-14-16
16.6687
Mar-20-15
16.7914
Mar-20-14
16.895
Others: 0.8190
Others: 0.9261
Others: 1.1262
Debt Schemes
Debt Schemes
Kotak Low Duration Fund-Retail Monthly Dividend
Record Date
Cum Dividend NAV
`/Unit
Kotak Multi Asset Allocation Fund-Monthly Dividend
Record Date
Cum Dividend NAV
`/Unit
Dec-21-15
1033.8774
Sep-21-15
1049.8616
Apr-13-15
1023.4399
Others: 14.8964
Others: 25.5924
Others: 7.9120
1027.7278
Mar-14-16
1024.3790
Feb-12-16
1022.8946
Others: 6.6500
Others: 4.4091
Others: 3.4158
11.4291
Mar-20-15
12.0308
Mar-20-14
10.9407
Apr-13-15
12.2623
Mar-12-15
12.1696
Others: 0.0267
Others: 0.0567
Others: 0.0442
Mar-21-16
11.7975
Dec-21-15
11.6683
Sep-21-15
11.9297
Others: 0.0976
Others: 0.0997
Others: 0.1090
Kotak Medium Term Fund-Quarterly Dividend
Record Date
Cum Dividend NAV
`/Unit
Kotak Multi Asset Allocation Fund-Annual Dividend
Record Date
Cum Dividend NAV
`/Unit
Mar-13-16
11.8504
Kotak Multi Asset Allocation Fund-Quarterly Dividend
Record Date
Cum Dividend NAV
`/Unit
Kotak Low Duration Fund-Standard Monthly Dividend
Record Date
Cum Dividend NAV
`/Unit
Apr-12-16
Jun-12-15
Others: 0.1182
Others: 0.5564
Others: 0.2801
Mar-21-16
10.5166
Dec-21-15
10.5179
Sep-21-15
10.4331
Others: 0.1153
Others: 0.1609
Others: 0.1185
Kotak Medium Term Fund-Annual Dividend
Record Date
Cum Dividend NAV
`/Unit
Mar-14-16
11.0913
Mar-20-15
11.1843
Others: 0.5760
Others: 0.6610
Asset Allocation Graph
This asset allocation guide helps you to determine the suggested equity exposure at different valuations levels based on the
Sensex.
30000
Stretched 18x-20x
27000
Fair Value Plus 16-18x
24000
Fair 12x-16x
21000
18000
Attractive 10x-12x
15000
Apr-16
Feb-16
Mar-16
Jan-16
Oct-15
Dec-15
Sep-15
Jul-15
Aug-15
Jun-15
Apr-15
May-15
Feb-15
Mar-15
Jan-15
Dec-14
Nov-14
Oct-14
Jul-14
Sep-14
Jun-14
Apr-14
May-14
Feb-14
Mar-14
Jan-14
Dec-13
Nov-13
Oct-13
Sep-13
Jul-13
Aug-13
Jun-13
Apr-13
May-13
12000
Valuation levels of the Sensex based on rolling 12month fwd EPS estimate of 1580
Suggested equity allocation (Assuming 50% equity allocation as neutral)
58
56
RISK FACTORS
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
*The rating indicates highest degree of safety regarding timely receipt of payments from the investments that the Scheme has made. The ratings should,
however, not be construed as an indication of expected returns, prospective performance of the Mutual Fund Scheme, NAV or of volatility in its returns.
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.
How to read Fact Sheet
Fund Manager
An employee of the asset management company such as mutual fund or life insurer, who manages investments of the scheme. He is usually part of larger team of fund
managers and research analysts.
Application amount for fresh subscription
This is the minimum investment amount for a new investor in a mutual fund scheme
Minimum Additional Amount
This is the minimum investment amount for an existing investor in a mutual fund scheme
Yield to Maturity
The yield to maturity or the YTM is the rate of return anticipated on a bond if held until maturity. YTM is expressed as an annual rate. The YTM factors in the bond s current
market price, par value, couple interest rate and time to maturity
SIP
SIP or systematic investment plan works on the principle of making periodic investments of a fixed sum. It works similar to a recurring bank deposit. For instance, an investor
may opt for an SIP that invests Rs 500 every 15th of the month in an equity fund for a period of three years.
NAV
The NAV or net asset value is the total asset value per unit of the mutual fund after deducting all related and permissible expenses. The NAV is calculated at the end of every
business day. It is the value at which investors enter or exit the mutual fund
Benchmark
A group of securities , usually a market index, whose performance is used as a standard or benchmark to measure investment performance of mutual funds, among other
investments. Some typical benchmark include the Nifty, Sensex, BSE 200, BSE 500, 10-year Gsec
Entry Load
A mutual fund may have a sales charge or load at the time of entry and/or exit to compensate the distributor /agent. Entry load is charged at the time an investor purchases
the units of a mutual fund. The entry load is added to the prevailing NAV at the time of investment. For instance, if the NAV is Rs 100 and the entry load is 1%, the investor will
enter the fund at Rs 101.
Note: SEBI, vide circular dated June 30, 2009 has abolished entry load and mandated that the upfront commission to distributors will be paid by the investor directly to the
distributor, based on his assessment of various factors including the service rendered by the distributor.
Exit load
Exit load is charged at the time an investor redeems the units of a mutual fund. The exit load is deducted from the prevailing NAV at the time of redemption. For instance, if
the NAV is RS 100and an exit load is 1%, the redemption price would be Rs. 99 per unit
Modified Duration
Modified duration is the price sensitivity and the percentage change in price for a unit change in yield.
Standard deviation
Standard deviation is statistical measure of the range of an investment s performance. When a mutual fund has a high standard deviation, it means its range of performance
is wide, implying greater volatility.
Sharp Ratio
The Sharpe Ratio, named after its founder the Noble laureate William Sharpe, is measure of risk-adjusted returns. It is calculated using standard deviation and excess return to
determine reward per unit of risk.
Beta
Beta is a measure of an investment s volatility vis-à-vis the market. Beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1
implies that the security s price will be more volatile than the market.
AUM
AUM or assets under management refers to the recent / updated cumulative market value of investments managed by Mutual fund or any investment firm.
Holdings
The holdings or the portfolio is a mutual fund s latest or updated reported statement of investments/securities. These are usually displayed in terms of percentage to net
assets or the rupee value or both. The objective is to give investors an idea of where their money is being invested by the fund manager.
Nature of Scheme
The investment objective and underlying investments determine the nature of the mutual fund scheme. For instance, a mutual fund that aims at generating capital
appreciation by investing in stock markets is an equity fund or growth fund. Likewise, a mutual fund that aims at capital preservation by investing in debt markets is a debt
fund or income fund. Each of these categories may have sub-categories.
Rating Profile
Mutual funds invest in securities after evaluating their credit worthiness as disclosed by the ratings. A depiction of the mutual fund in various investments based on their
rating becomes the rating profile of the fund. Typically, this is a feature of debt funds.
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: 022-66056825
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: 020-20251526/27/29
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
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.: 91-22-66056825 Fax: 91-22-6638 4455 E-mail: mutual@kotak.com Website: assetmanagement.kotak.com. Corporate Office of
Asset Management Company: 2nd Floor, 12-BKC, Plot No C-12, G Block, BKC, Bandra (East),Mumbai - 400 051

Factsheet - Citibank

Transcription

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