February 28, 2021 - Kotak Asset Management

Past performance of the Sponsor/AMC/Fund does not indicate the schemes future performance. Risk Factors on page 74.

February 28, 2021

It's for theFirst Timer

It's for theMarket Timer

It's for the Long-Term Investor

• Wealth creation over a long period of time.• Investment in equity, equity related securities &

debt, money market instruments while managing risk through active allocation.

This product is suitable for investors who are seeking*:

about whether the product is suitable for them.* Investors should consult their financial advisors if in doubt

Low High

Low

to

Moder

ate

ModerateModeratelyHigh

High

Very H

ighLo

w

Investors understand that their principalwill be at moderately high risk

INDEX

Contents Page no.

Debt Market Snapshot 3

Market Overview 1

How to read Fact Sheet 4

Equity Market Snapshot 2

Equity Funds

Kotak Emerging Equity Fund Mid Cap Fund 6

Kotak Bluechip Fund Large Cap Fund 9

Kotak Focused Equity Fund Focused Fund 10

Kotak India EQ Contra Fund Contra Fund 12

Kotak ESG Opportunities Fund 14

Kotak India Growth Fund Series 4 15

Kotak Infrastructure & Economic Reform Fund Sectoral/Thematic 17

Kotak Small Cap Fund Small Cap Fund 8

Kotak Flexicap Fund (Erstwhile Known As Kotak Standard Multicap Fund) Flexicap Fund 5

Kotak Equity Arbitrage Fund Arbitrage Fund 19

Kotak Pioneer Fund Thematic 13


Kotak Equity Hybrid Fund Aggressive Hybrid Fund 21


Fund Name/Scheme Name New SEBI scheme category

Kotak Balanced Advantage Fund Balanced Advantage 20

Kotak Equity Savings Fund Equity Savings 23

Kotak Equity Opportunities Fund Large & Mid Cap Fund 7

Hybrid Funds

Kotak Debt Hybrid Fund Conservative Hybrid Fund 24

Debt FundsKotak Overnight Fund Overnight Fund 26

Kotak Tax Saver Fund ELSS 11

Kotak Medium Term Fund Medium Duration Fund 41

Kotak Asset Allocator Fund FOF (Domestic) 50

Kotak Low Duration Fund Low Duration Fund 31

Kotak Gilt Fund Gilt Fund 46

Kotak Banking & PSU Debt Fund Banking & PSU Fund 35

Kotak Bond Fund Medium to Long Duration Fund 44

Fund of Funds Scheme

Kotak Bond Short Term Fund Short Duration Fund 37

Kotak Gold Fund FOF (Domestic) 49

Kotak NASDAQ 100 FOF FOF (Overseas) 53

Kotak Corporate Bond Fund Corporate Bond Fund 34

Kotak Sensex ETF ETF 56

Kotak PSU Bank ETF ETF 58

Kotak NV20 ETF ETF 59

About Our Fund Managers 68

Kotak International REIT FOF FOF (Overseas) 52

Kotak Banking ETF ETF 57

Dividend History 71

Kotak Dynamic Bond Fund Dynamic Bond 43

Risk Factors 74

Kotak Liquid Fund Liquid Fund 27

Scheme Performance 60

Kotak Floating Rate Fund Floater Fund 33

Kotak Gold ETF ETF 54

Kotak Credit Risk Fund Credit Risk Fund 39

ETF Funds

Kotak Savings Fund Ultra Short Duration Fund 29

Exposure 47

Kotak Global Emerging Market Fund FOF (Overseas) 51

Kotak Money Market Fund Money Market Fund 28

Kotak Nifty ETF ETF 55

October 31, 2020Expert Speak

Investor will make money in this market with lots of discipline and a bit of luck. Portfolios having virtuous companies like Pandav's will outperform portfolios with vicious companies like Kaurav's.

Managing Director

Stock market will be driven by long term growth trajectory. Global Capital in an era of abundant liquidity and ultra low interest rates will chase return.(US Junk bonds are trading at life time low yields). For many investors Growth or Innovation will be proxy for return.

Monetary policy is accommodative but credit transmission needs to improve further. Policy rates are at life time low levels but cost of borrowing needs to be lowered in below AA rated borrowers. Fiscal stimulus has supported growth at bottom of pyramid but sectors like Travel, Tourism, Hotel, Retailing, Aviation, Infrastructure etc require more support. Path of fiscal prudence is important but needs to be achieved by raising non tax resources like Proceeds from Strategic Divestment and Monetisation of Assets, unlocking capital stuck in Gold lying in Tijori etc. Ease of doing business has improved but Rule of Law needs to be improved. Despite good intentions commercial disputes are getting addressed like never ending trial of 1992 security scam rather than quick, everyone wins solution of Satyam. Our laws are being made for lowest common denominator as crooks escape without adequate punishment. This increases cost of compliance for the rest. Investment can't pick up sustainably unless Rule of Law is experienced by Investors. Big has become bigger in this challenging times but eventually small and medium firms needs to become competitive and prosper.

In closing, we believe that our partners can deliver value to investors in the current market through three pronged strategy. One: they can communicate the past market experience to develop long term investment perspective. Secondly, we will have to help the investors ignore the WhatsApp and social media rumors in favour of facts and opportunities. Thirdly, we need to convince the investors of the need to maintain and increase SIP / STP at lower market levels. This way, the investor doesn't exit at relatively low returns and allows the market the time to generate a better investing experience in times ahead.

Dear Friends,

In the epic battle of Mahabharat , virtuous Pandav's survived and prospered, vicious kaurav's lost everything. Leverage, Cost structure, Governance, access to capital and adaptiveness determines Virtuosity of a firm. Firms with less leverage, good governance, ability to raise capital, cutting costs with the precision of a surgeon's knife, innovating to adapt in current situation will not only survive but also prosper. Our economic recovery will be function of Top Down factors like fiscal and monetary stimulus as well as bottom up entrepreneurial efforts.

Stock market has responded enthusiastically to such developments with large cap indices trading a little below its pre covid highs. Flows and improving fundamentals have pulled market to current levels. Undoubtedly we are not out of woods. Factors like ongoing Second wave in US and Europe, US election results etc will impact our markets albeit on a temporary basis.

Active cases are coming down despite Normalisation of economic activities. Vaccine breakthrough seem to be on the horizon. Lower Oil, Gold and Chinese good Import has made India current account surplus. FX reserves are about to exceed FX Debt. Global Firms are opening their purses for direct as well as portfolio investment. Agriculture reforms will materially benefit large Rural population. Labor reforms and PLI schemes are step in right direction for becoming a manufacturing hub though lot more needs to be done on ground. Sept 20 quarterly results are by and large ahead of street expectations. Margins have expanded across sectors due to deep cost cuts. In sectors like Auto, consumer durables volumes are ahead of expectations. Many attribute it to pent up demand. Demand Pent up or otherwise has recovered due to steps taken in the past. However it needs to be sustained in future by further measures.

At the cost of going wrong, few trends are worth capturing from money making point of view

- sustainable long term growth is visible in sectors where india is becoming part of global supply chain. Sectors like Contract Manufacturing, Chemicals are at a take off stage like IT sector at the beginning of the century Albeit with high valuations

- Firms on the wrong side of ESG investment will get derated. Their profits will get low valuation irrespective of growth.

- Challenger / Disruptor will get high valuations despite capital burn. Firms doing disintermediation will get rewarded disproportionately.

- Sector where PSUs dominate like Banking, insurance will provide long term growth opportunities to private firms.

Wishing you all a very happy Diwali and a Prosperous Year ahead.

There is money making opportunity for a disciplined stock picker. On one side defensive sectors like FMCG, Pharma, Tech etc are trading at high valuations. On other hand PSUs and PSBs are trading at life time low valuations. On one hand Big is becoming bigger but on the other hand market is valuing David far more than Goliath. Future is becoming uncertain due to massive disruption but is most exciting for the disruptor. Within a sector there is a wide range of return as winners get rewarded disproportionately. There is plenty of information and news but It is difficult to determine facts.

Regards,

Nilesh Shah

1

Stretched

Bubble

Cheap Over Invest80% - 90%

Attractive Neutral +65% - 75%

Fair Neutral50%

Fair ValuePlus

Neutral -35% - 45%

Under Invest15%- 25%

Exit5% - 10%

Market Equity Allocaion

Market Valuation Indicators

allocation as neutral)

Suggested equity allocation

(Assuming 50% equity

Strategy for Investments in the Current Scenario

Key Events for the Month of February 2021:

Market Overview

12-month forward Sensex P/E (x)

l India's deficit soared from 4.6% of GDP in FY20 to 9.5% in FY21 due to the welfare measures taken to counter the pandemic. An expansionary budget & more transparent accounting led to the FY22 target of 6.8%.

l Nifty (+6.6%) had a good start in February as the growth-oriented union budget pushed the index to record all-time high but a sudden reversal in declining Covid cases trend in India and a global sell-off triggered by rise in US treasury yields pulled the bench to close ~6% lower from highs.

l January CPI print fell to 4.06% (4.59% in December) but core inflation remained sticky at 5.65% as health, clothing, footwear, and recreation showed signs of pressure. Transport CPI posed another risk due to high fuel prices.

l Real GDP Growth turned positive at +0.4% in 3Q, missing street estimates slightly. But moderation in momentum was surprising, especially in context of the strong corporate earnings and increase in government spending.

l FII buying accelerated post the budget with net inflows of ~$3bn seen in February (vs net inflows of ~$2bn in Jan). DIIs continued to remain net sellers to the tune of ~$2.3bn.

l MPC kept policy rates unchanged while maintaining its accommodative stance with a promise of ample surplus liquidity.

Source: Axis Capital Internal Estimates

STP/Short Term

STP/Long Term

Source: Motilal Oswal

NIFTY P/E (x) - 1 Year Forward

At 2.9x, the Nifty 12-month forward P/B is above its historical average of 2.7x

Market Cap-to-GDP Ratio – Above Long Term Average

Source: Motilal Oswal

OW Equities=Ratio Below Historical Lows Neutral Equities=Ratio at Historical Average

3.0

4.5

3.8

3.0

2.3

1.5

Average: 2.7x

Dec

-10

Dec

-11

Dec

-12

Dec

-13

Dec

-14

Dec

-15

Dec

-16

Dec

-17

Dec

-18

Dec

-19

Dec

-20 20.7

8

13

18

23

28

Average: 17.9x

Feb

-06

Feb

-07

Feb

-08

Feb

-09

Feb

-10

Feb

-11

Feb

-12

Feb

-13

Feb

-14

Feb

-15

Feb

-16

Feb

-17

Feb

-18

Feb

-19

Feb

-20

Feb

-21

52

82 83

103

55

9588

64

81 79 83 79

56

104Average of 75% for the period

FY05

FY06

FY07

FY08

FY09

FY10

FY11

FY12

FY13

FY14

FY15

FY16

FY17

FY18

FY19

FY20

FY21

E

7166 69

Fair 13x - 17x

Attractive 10x - 13x

Cheap 8x - 10x

Feb-

18

Mar

-18

Apr

-18

May

-18

Jun-

18

Jul-1

8

Aug

-18

Sep-

18

Oct

-18

Nov

-18

Dec

-18

Jan-

19

Feb-

19

Apr

-19

May

-19

Jun-

19

Jul-1

9

Aug

-19

Sep-

19

Oct

-19

Nov

-19

Dec

-19

Jan-

20

Feb-

20

Mar

-20

Apr

-20

Jun-

20

Jul-2

0

Aug

-20

Sep-

20

Oct

-20

Nov

-20

Dec

-20

Jan-

21

50000

45000

40000

35000

30000

25000

20000

15000

Stretched 20x - 24x

Fair Value Plus 17x - 20x

15000

20000

25000

30000

35000

40000

45000

50000

55000

Fair 13x - 17x

Attractive 10x - 13x

Cheap 8x - 10x

Stretched 20x - 24x

Fair Value Plus 17x - 20x

Feb-

18

Apr

-18

May

-18

Jun-

18

Jul-1

8

Aug

-18

Sep-

18

Oct

-18

Nov

-18

Dec

-18

Jan-

19

Feb-

19

Mar

-19

Apr

-19

May

-19

Jul-1

9

Aug

-19

Sep-

19

Oct

-19

Nov

-19

Dec

-19

Jan-

20

Feb-

20

Mar

-20

Apr

-20

May

-20

Jun-

20

Jul-2

0

Aug

-20

Sep-

20

Oct

-20

Dec

-20

Jan-

21

Feb-

21

2

While Covid-19 impacts economy, there is likely to be sequential improvement as Indian economy unlocks

While Covid-19 impacts corporate India, there is likely to be sequential improvement as Indian economy unlocks

India stands out among global asset classes with prospects of strong long term growth given favorable demographics

Long runaway of growth in financialization of savings

Higher disinvestment target and repair of leveraged balance sheet to create supply in markets

Expect improved reform momentum

Economy

Corporate Earnings

Policy/Reform Initiative

Supply of paper

FII Flow

DII Flow

Key Variables Short - term Medium - term Remarks

Signifies growth

Key Variables & their Impact On Equities

Equity Market Snapshot

Government's Reform Momentum To Bolster Potential Growth

Source: Elara Securities

Note: Based on MSCI ACWI countries. Source: Jefferies, Factset, IMF

Global GDP Growth Set To Recover Sharply

43

Reverse repo 3.35% 3.35% NIL 4.90% -155 bps

SLR 18.00% 18.00% Nil 18.50% -50 bps

Items Feb-21 Jan-21 1 Month Change Feb-20 1 yr Change

Repo 4.00% 4.00% NIL 5.15% -115 bps

CRR 3.00% 3.00% Nil 4.00% -100 bps

CBLO 3.40% 1.00% 240 bps 3.50% -10 bps

1 yr TBILL 3.63% 3.63% NIL 5.13% -150bps

10 Gsec 6.23% 5.91% 32 bps 6.37% -14 bps

USD/INR `73.04 `72.95 -`0.09 `72.19 -`0.85

Mibor Overnight 3.47% 3.00% 47 bps 5.09% -162 bps

5 Year AAA 6.10% 5.65% 45 bps 6.65% -55 bps

Call ON 3.24% 3.00% 24 bps 4.50% -126 bps

Source: RBI; Bloomberg.

Key Variables & their Impact On Interest Rates

Denotes fall in interest rates

Medium – term(6months – 2 years)Key Variables

Inflation

Rupee

Credit Demand

Government Borrowing

RBI Policy

Global Event Risk

Corporate bond Spread

Debt FII flow

Liquidity

Short - term(3-6 months)

Debt Market Snapshot

Liquidity is Here To Stay

Remarks

The News of a Vaccine has triggered a risk-on event and lead to a sharp rally in risk asset and bonds were sold off. However, yields will look for growth which may not come in a hurry. On the other hand the risk of a geopolitical event is always open.

INR has been quite strong since last 3m curtsey strong FDI and FPI flows in equity. Lat 1 yr also its marginally depreciated. We have FX reserves closes to 600 bn and given CAD and TD under control INR is expected to remain well bid. We believe in the absence of any geo political event, INR is expected to be stable and shall appreciate as economic growth stabilizes. RBI is keeping INR competitive on REER basis.

Union budget has shocked the market by giving 80 extra borrowing for the current year in dated securities. Next year also borrowing is on heavier side. However we believe the govt /RBI may have some credible plan to conduct the borrowing smoothly. As the budget is non inflationary and otherwise also inflation is under control there is no reason for govt to give so high real rates hence we believe the RBI will pull some demand leveres such as index inclusion or OMO. Will have to wait for MPC.

Headline CPI is expected to be in the range of 4-5% for the year. Despite expansion of the fiscal deficit the quality of spending appears to be non inflationary. Inflation is unlikely to be area of problem in the year.

Rbi has shown commitment in the past and there is no reason for taking the rates higher hence we believe RBI is expected to come up with some credible plan. If they leave it to the market then we are headed for a tough time.

While some green shoots seen but on an over all basis the economy is still struggling. Short term spreads have seen decent compression, unlikely to compress further meaningfully. Long terms bonds still offer attractive spreads but likely just a carry trade. We have seen some traction coming in near term with revival of flows from the FPI in debt. However its seems real flows will only be seen with index inclusion.

Gradually economy is opening up and Credit growth is expected to pickup as unlocking activity resumes and gains momentum post vaccination in phases. However situation is fragile and this may accentuate the situation further. However, easy rates may help some demand pickup. Till then, credit growth will not impact rates negatively.

Despite very high liquidity more than 1 yr yield is moving higher as the fear is RBI will remove accommodation sooner than later. However we believe large part of the move is done 2-10 yr curve.

Fear of Liquidity Withdrawal Spooked The Mid-To-Long End (~2-7years) of The Curve

Source: Bloomberg

Source: Bloomberg

6.90%

5.90%

0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

12.0%

Nov-13 Apr-14 Sep-14 Feb-15 Jul-15 Dec-15 May-16 Oct-16 Mar-17 Aug-17 Jan-18 Jun-18 Nov-18 Apr-19 Sep-19 Feb-20 Jul-20

CPI Core CPI

RBI forecasts “headline inflation may remain elevated in Q2:2020-21, it would moderate in H2:2020-21”• Overnight rates will remain anchored at Reverse Repo rates, longer than what market is pricing in. • RBI aims to normalize CRR in the near-term. The CRR normalisation opens up space for a variety ofmarket operations to inject additional liquidity which may induce curve flattening

• Yields have moved up across the curve especially mid to long end of the yield curve• Yield Curve is now pricing in more negatives – liquidity tightening, rate hikes etc

-9000

-8000

-7000

-6000

-5000

-4000

-3000

-2000

-1000

0

1000

5

5.5

6

6.5

7

7.5

Jun-19

Jul-19

Aug-19

Sep-19

Oct-19

Nov-19

Dec-19

Jan-20

Feb-20

Mar-20

Apr-20

May-20

Jun-20

Jul-20

Aug-20

Sep-20

Oct-20

Nov-20

Dec-20

Jan-21

Feb-21

India 10-Year Bond Yield (LHS)

India Banking System Liquidity (RHS)

INRBn

Market may have misread RBI Signal

3

4

5

6

7

8

3M 6M 1Y 2Y 3Y 4Y 5Y 6Y 7Y 8Y 10Y 11Y 12Y 13Y 14Y 15Y 23Y 30Y 40Y

India Sovereign Curve (%)

01-Mar-21 31-Dec-20 30-Jun-20

Opportunity of value creation exists in the longer end of the curve

The current yield curve is too steep enhancing the case to chase the carry in fixed income as opposed to capital gains Bond Carry Strategy: A strategy that is adopted when your yield curve is steep. One invests at that part of the curve which is cheap in valuation i.e.higher yield that is pricing in more negatives than what may actually happen.

How to read Fact Sheet

Fund ManagerAn 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 subscriptionThis is the minimum investment amount for a new investor in a mutual fund scheme

Minimum Additional AmountThis is the minimum investment amount for an existing investor in a mutual fund scheme

Entry Load

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.

Holdings

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.

Nature of Scheme

Rating Profile

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

SIP

Beta

Benchmark

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.

Yield to Maturity

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

AUM

Modified duration is the price sensitivity and the percentage change in price for a unit change in yield.

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

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

Standard deviation

Exit load

Sharp RatioThe 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.

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.

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.

AUM or assets under management refers to the recent / updated cumulative market value of investments managed by Mutual fund or any investment firm.

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.

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

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.

Average MaturityA bond's maturity date indicates the specific future date on which an investor gets his principal back i.e. the borrowed amount is repaid in full. Average Maturity is the weighted average of all the current maturities of the debt securities held in the fund.

Standard deviation is a statistical tool that measures the deviation or dispersion of the data from the mean or average. When seen in mutual funds, it tells you how much the return from your mutual fund portfolio is straying from the expected return, based on the fund's historical performance.

Macaulay Duration is a measure of how long it takes for the price of a bond to be repaid by its internal cash flows. Macaulay Duration is used only for an instrument with fixed cash flows. Modified Duration as the name suggests, is a modified version of the Macaulay model that accounts for changing interest rates.

Macaulay Duration

Standard Deviation

4

Additional Investment: `1000 & in multiples of ̀ 1

a) For redemption / switch out of upto 10% of the initial investment amount (limit) purchased or switched in within 1 year from the date of allotment: Nil.

Trustee’s Discretion

Source: $ICRA MFI Explorer.

Load Structure

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 assurance that the objective of the scheme will be realized.

Regular: 1.62%; Direct: 0.61%

Initial Investment: `5000 and in multiple of `1 for purchase and of ̀ 0.01 for switches

Available Plans/Options

Ideal Investments Horizon: 5 years & above

A) B) Direct Plan Regular Plan

Exit Load:

Options: Dividend Payout, Dividend Reinvestment & Growth (applicable for all plans)

Dividend Frequency

Investment Objective

Minimum Investment Amount

Ratios

Entry Load: Nil. (applicable for all plans)

b) If units redeemed or switched out are in excess of the limit within 1 year from the date of allotment: 1%c) If units are redeemed or switched out on or after 1 year from the date of allotment: NIL

Total Expense Ratio**

23.96%

0.95

0.43

21.81%

Portfolio Turnover$Beta $Sharpe## $Standard Deviation

ICICI Bank Ltd. 7.79

Axis Bank Ltd. 3.99

AU Small Finance Bank Ltd. 2.35

Equity & Equity relatedBanks 25.15

HDFC Bank Ltd. 6.18

State Bank Of India 2.94

Kotak Mahindra Bank Ltd. 1.29RBL Bank Ltd 0.61Software 10.87Infosys Ltd. 5.92Tata ConsultancyServices Ltd. 4.95

Hindustan Unilever Ltd. 3.03

Max Financial Services Ltd. 0.78

Ultratech Cement Ltd. 5.36

Larsen And Toubro Ltd. 3.76

Reliance Industries Ltd. 6.35

Industrial Products 3.41

Petronet LNG Ltd. 2.29

SRF Ltd. 2.84

The Ramco Cements Ltd 2.35

Finance 5.03

Jubilant Foodworks Limited 1.56

ICICI Lombard General

Petroleum Products 7.39

Bharat Petroleum

Insurance Company Ltd 1.78SBI Cards & Payment

Britannia Industries Ltd. 0.73

HDFC Life Insurance

Corporation Ltd. 1.04

Industrial Capital Goods 3.53Bharat Electronics Ltd. 1.99

Kec International Ltd. 1.02

Thermax Ltd. 1.24

Consumer Non Durables 7.26

Shree Cement Ltd. 2.30

Services Pvt. Ltd. 1.39

Indraprastha Gas Ltd. 1.92

BEML Ltd. 0.30

Godrej Consumer Products Ltd. 1.01United Breweries Ltd. 0.93

AIA Engineering Limited. 0.57

Cement 10.01

Company Ltd. 1.08

Construction Project 4.78

Gas 4.21

* Investors should consult their financial advisors if in doubt about whether the product is suitable for them.

• Investment Portfolio of predominantly equity & equity related securities generally focused on a few selected sectors across market capitalisation.

• Long term capital growthThis product is suitable for investors who are seeking*:

Flexicap fund - An open-ended dynamic equity scheme investing acrosslarge cap, mid cap, small cap stocks

KOTAK FLEXICAP FUND(ERSTWHILE KNOWN AS KOTAK STANDARD MULTICAP FUND)

Issuer/Instrument Industry/Rating % to Net Assets


PORTFOLIO

SECTOR ALLOCATION (%)

TRI – Total Return Index, In terms of SEBI circular dated January 4, 2018, the performance of the scheme is benchmarked to the Total Return variant (TRI) of the Benchmark Index instead of Price Return Variant (PRI).

For last three dividends, please refer page no 71-73. For scheme performance, please refer page no 60-67.

Scheme Inception : - September 11, 2009. 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.

Alpha is difference of scheme return with benchmark return.

*For Fund Manager experience, please refer page 68-70. ## Risk rate assumed to be 3.47% (FBIL Overnight MIBOR rate as on 26th February 2021).**Total Expense Ratio includes applicable B30 fee and GST.

Kotak Flexicap Fund (Erstwhile Known As Kotak Standard Multicap Fund) NAV as on February 28, 2021: `26.885 (Dividend Option), `29.444 (Direct Dividend Option), `44.524 (Growth Option), `48.214 (Direct Growth Option)

# Benchmark ; ̂ Additional Benchmark

5

Investment style

Value Blend Growth Size

Large

Medium

Small

Fund Manager: Mr. Harsha

AAUM: `35,229.55 crs

AUM: `34,515.40 crs

Upadhyaya*

Allotment date: September 11, 2009

Folio count: 14,38,956

Benchmark: Nifty 200 TRI

Product Label

Data as on February 28, 2021

Systematic Investment Plan (SIP) If you had invested `10,000 every month

SYSTEMATIC INVESTMENT PLAN (SIP)

Container Corporation

Auto 2.52

Auto Ancillaries 2.45

Transportation 2.95

Pharmaceuticals 3.11Cadila Healthcare Ltd 1.58Lupin Ltd. 1.03Cipla Ltd. 0.50

Inter Globe Aviation Ltd 1.69

of India Ltd. 1.26

Hero MotoCorp Ltd. 1.40Mahindra & Mahindra Ltd. 1.12

Balkrishna Industries Ltd. 1.32

Ferrous Metals 2.14Jindal Steel & Power Ltd. 2.14Telecom - Services 1.13

Whirlpool of India Ltd. 0.20Textile Products 0.87Page Industries Ltd 0.87Chemicals 0.40Solar Industries India Limited 0.40Pesticides 0.39Bayer Cropscience Ltd. 0.39Fertilisers 0.20

Consumer Durables 0.98

Coromandel International Ltd. 0.20

MRF Limited 1.13

Bata India Ltd. 0.78

Bharti Airtel Ltd 1.13

Grand Total 100.00

Triparty Repo 1.24Net Current Assets/

Debt Instruments

Mutual Fund Units

Corporate Debt/

Whirlpool of India Ltd. 0.20

Debentures and Bonds

Equity & Equity

Mutual Fund Units - Total 0.15

Britannia Industries Ltd. ( ) CRISIL AAA 0.01Corporate Debt/Financial


Direct Plan Growth 0.15

Institutions - Total 0.01

(Liabilities) -0.18

Related - Total 98.78

Financial Institutions

Liquid Scheme

Nifty 50 (TRI) Returns (%)

Monthly SIP of ) 10000(`

Total amount invested ( )`

Total Value as on Feb 26, 2021 ( )`

Scheme Returns (%)


Alpha

Nifty 200 (TRI) ( )#`

Nifty 50 (TRI) ( )^`

Since Inception 10 years 7 years 5 years 3 years 1 year

13,80,000 12,00,000 8,40,000 6,00,000 3,60,000 1,20,000

34,53,492 27,29,977 13,80,165 8,56,388 4,68,086 1,56,611

2.18 2.04 0.45 -0.88 -1.39 -6.34

12.68 13.41 13.64 15.70 19.47 66.33

12.88 13.68 13.51 15.14 19.31 68.74

15.05 15.71 13.97 14.26 17.92 62.40

30,11,611 24,47,722 13,58,050 8,75,181 4,77,275 1,60,074

29,74,930 24,12,890 13,63,994 8,87,303 4,78,297 1,58,761

Term Deposit as provided above is towards margin for derivatives transactionsEquity Derivative Exposuer is 0.08%

Low High

Low

to

Moder

ate


High

Very H

ighLo

w

Investors understand that their principal will be at very high risk

27.243(P/E)

5.844P/BV0.83Div Yld

KOTAK STANDARD MULTICAP FUND

35.64

30.19

13.43

11.61

13.09

10.87

2.57

10.02

12.53

8.25

1.02

6.93

5.95

4.97

2.70

4.79

4.45

3.11

1.47

2.95

Benchmark

Scheme

Financial Services Energy Information Technology Cement & Cement Products Consumer Goods

Industrial Manufacturing Automobile Construction Pharma Services

7


A) Regular Plan B) Direct Plan




Initial Investment: `5000 and in multiple of `1 for purchase and for ̀ 0.01 for switchesAdditional Investment: `1000 & in multiples of ̀ 1

Dividend Frequency



c) If units are redeemed or switched out on or after 1 year from the date of allotment: NIL

The investment objective of the scheme is to generate long-term capital appreciation from a portfolio of equity and equity related securities, by investing predominantly in mid companies. The scheme may also invest in debt and money market instruments, as per the asset allocation table. There is no assurance that the investment objective of the scheme will be achieved.


Ratios



b) If units redeemed or switched out are in excess of the limit within 1 year from the date of allotment: 1%

Load Structure

Exit Load:

Total Expense Ratio**Regular: 1.81%; Direct: 0.55%

19.96%

0.88

0.44

25.98%


SRF Ltd. 1.81

Supreme Industries Limited 6.04

Equity & Equity related Industrial Products 15.14

Schaeffler India Ltd 3.30SKF India Ltd 2.19

Cummins India Ltd. 1.66Finolex Cables Ltd. 0.14Consumer Durables 9.13Sheela Foam Ltd 3.06Voltas Ltd. 1.88Bata India Ltd. 1.39V-Guard Industries Ltd. 1.04Blue Star Ltd. 0.91Amber Enterprises India Ltd. 0.85

Industrial Capital Goods 5.33

Holdings Ltd. 0.09

Mahindra & Mahindra

Shriram City Union

Amara Raja Batteries Ltd. 1.17

Banks 7.92


Kajaria Ceramics Ltd. 2.74

Financial Services Ltd. 1.81

Cement 7.24


Finance Ltd. 0.96

Exide Industries Ltd 1.36

Thermax Ltd. 3.27

Finance 6.57

Cholamandalam Financial

MRF Limited 0.89




City Union Bank Ltd. 0.74

RBL Bank Ltd 0.69



Oberoi Realty Ltd 2.20

Motherson Sumi Systems Ltd. 0.93

PNC Infratech Ltd 0.53

Federal Bank Ltd. 1.08

Bharat Electronics Ltd. 1.80BEML Ltd. 0.26

Axis Bank Ltd. 0.73

The Ramco Cements Ltd 3.88JK Cement Ltd. 2.35

Sundaram Finance Ltd. 1.90

Construction 5.47

Ferrous Metals 5.22

Jindal Steel & Power Ltd. 1.84

Tubes Ltd. 1.82

Cadila Healthcare Ltd 1.81

Ratnamani Metals &

APL Apollo Tubes Ltd. 1.56Pharmaceuticals 4.94

Alkem Laboratories Ltd. 0.78Torrent Pharmaceuticals Ltd. 1.23

Laurus Labs Ltd 0.66Eris Lifesciences Ltd. 0.46Chemicals 4.46

Solar Industries India Limited 2.08Consumer Non Durables 3.67

Atul Ltd. 2.38

Emami Ltd. 1.44Tata Consumer Products Ltd 1.33

Enterprises Ltd. 1.98

Power 0.61

Media and Entertainment 0.12

Persistent Systems Limited 2.51


P I Industries Ltd 2.82

Gujarat Gas Ltd. 0.79

Hindustan Petroleum

Grand Total 100.00

Household Appliances 0.92

Textile Products 3.64Page Industries Ltd 2.05

Healthcare Services 2.04

Gland Pharma Limited 0.06Gas 1.40

Gujarat State Petronet Ltd. 0.61

Lux Industries Limited 1.28

Kalpataru Power

Corporation Ltd 0.26

Transmission Ltd. 0.61

Navneet Education Ltd. 0.12

Pesticides 2.82

Equity & Equity


Net Current Assets/

Fertilisers 3.60

Hawkins Cooker Ltd 0.92


Triparty Repo 1.58

Godrej Agrovet Ltd. 0.90

Kewal Kiran Clothing Limited. 0.31

(Liabilities) -0.16

Software 2.51

Apollo Hospitals

Note: Large Cap, Midcap, Small cap and Debt and Money Market stocks as a % age of Net Assets: 13.12%, 65.61%, 19.85% & 1.42.

This product is suitable for investors who are seeking*:• Long term capital growth


• Investment in equity & equity related securities predominantly in mid cap companies.

Mid cap fund - An open-ended equity scheme predominantly investing in mid cap stocks

KOTAK EMERGING EQUITY FUND



PORTFOLIO




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 BenchmarkTRI – Total Return Index, In terms of SEBI circular dated January 4, 2018, the performance of the scheme is benchmarked to the Total Return variant (TRI) of the Benchmark Index instead of Price Return Variant (PRI).Alpha is difference of scheme return with benchmark return.Kotak Emerging Equity Fund NAV as on February 28, 2021: `30.879 (Dividend Option), `36.846 (Direct Dividend Option), `56.223 (Growth Option), `61.842 (Direct Growth Option)*For Fund Manager experience, please refer page 68-70. ## Risk rate assumed to be 3.47% (FBIL Overnight MIBOR rate as on 26th February 2021).**Total Expense Ratio includes applicable B30 fee and GST.For last three dividends, please refer page no 71-73. For scheme performance, please refer page no 60-67.

6

Investment style


Large

Medium

Small

Product Label

AUM: `10,431.20 crs

Fund Manager: Mr. Pankaj Tibrewal*

AAUM: `10,167.45 crs


Benchmark: Nifty Midcap 100 TRI

Allotment date: March 30, 2007


42,26,246 24,12,890 13,63,994 8,87,303 4,78,297 1,58,761

3.16 4.63 3.75 3.68 4.10 -3.32

12.29 13.41 13.64 15.70 19.47 66.33


47,95,200 25,99,125 13,67,070 8,59,342 4,97,885 1,75,354

61,76,383 33,34,607 15,62,085 9,40,171 5,26,485 1,73,627

13.88 14.80 13.70 14.40 22.37 97.53

16,80,000 12,00,000 8,40,000 6,00,000 3,60,000 1,20,000

17.05 19.43 17.45 18.07 26.47 94.22Scheme Returns (%)

Alpha

Monthly SIP of ( ) 10000`



Nifty Midcap 100 (TRI) Returns (%)

Nifty Midcap 100 (TRI) ( )#`



Low High

Low

to

Moder

ate


High

Very H

ighLo

w


24.924(P/E)


Industrial Manufacturing Financial Services Consumer Goods Cement & Cement Products

Fertilisers & Pesticides Automobile Construction Metals Pharma Chemicals

6.66

20.51

26.02

14.51

14.04

12.82

2.37

7.25

2.58

6.43

9.72

5.58

2.88

5.47

2.97

5.23

5.71

5.02

3.13

4.47

Benchmark

Scheme

7


• Investment in portfolio of predominantly equity & equity related securities of large & midcap companies.




Equity & Equity relatedBanks 17.25ICICI Bank Ltd. 6.12HDFC Bank Ltd. 4.00

Axis Bank Ltd. 2.18

Dalmia Bharat Limited 0.40


SRF Ltd. 3.26

Cummins India Ltd. 1.52


Software 9.24Infosys Ltd. 5.33Tata Consultancy Services Ltd. 3.91


Schaeffler India Ltd 1.00


Cement 8.64Ultratech Cement Ltd. 2.48JK Cement Ltd. 2.10

Gas 5.77Gujarat State Petronet Ltd. 2.42Petronet LNG Ltd. 1.73

Bharat Forge Ltd. 1.31

Indraprastha Gas Ltd. 1.62Industrial Capital Goods 5.69


Thermax Ltd. 2.14



Pharmaceuticals 4.48

Cipla Ltd. 2.13Construction Project 4.11


Holdings Ltd. 0.73Cholamandalam Financial

ABB India Ltd. 1.18


HDFC Life InsuranceInsurance Company Ltd 1.31

Company Ltd. 1.04

BEML Ltd. 0.57

Bharat Electronics Ltd. 1.80

Dr Reddys Laboratories Ltd. 2.35

Finance 5.25


United Breweries Ltd. 0.22

Blue Star Ltd. 1.29

Gland Pharma Limited 1.03

Chemicals 1.72



Linde India Ltd. 1.72

Kalpataru Power



Textile Products 1.63

Auto 1.25

Hindustan Unilever Ltd. 1.46Jubilant Foodworks Limited 1.45

Reliance Industries Ltd. 3.83Consumer Non Durables 3.65


Godrej Agrovet Ltd. 0.52

Ferrous Metals 3.37

Company Limited 1.04Techno Electric & Engineering

Fertilisers 2.83

DR.Lal Pathlabs Ltd. 2.00


Bata India Ltd. 1.18Telecom - Services 2.26

Page Industries Ltd 1.63


Hero MotoCorp Ltd. 1.25Power 0.66

Transmission Ltd. 0.66Consumer Non Durables 0.22United Breweries Ltd. 0.22Equity & EquityRelated - Total 98.47

Plan Growth 0.20

Mutual Fund Units Liquid Scheme Direct

Triparty Repo 1.69

(Liabilities) -0.36


Net Current Assets/

Grand Total 100.00


The investment objective of the scheme is to generate capital appreciation from a diversified portfolio of equity and equity related securities. The scheme will invest predominantly in a mix of large and mid cap stocks from various sectors, which look promising, based on the growth pattern in the economy. There is no assurance that the investment objective of the scheme will be achieved.




Ratios


$Source: ICRA MFI Explorer.

Available Plans/OptionsA) B) Direct Plan Regular Plan


Load Structure



Dividend Frequency



Initial Investment: `5000 and in multiple of `1 for purchase and for ̀ 0.01 for switches


Exit Load:


39.15%

0.94

0.46

21.70%

Portfolio Turnover$Beta $Sharpe ## $Standard Deviation

Large & mid cap fund - An open-ended equity scheme investing in both large cap and mid cap stocks

KOTAK EQUITY OPPORTUNITIES FUND



PORTFOLIO




Alpha is difference of scheme return with benchmark return.Kotak Equity Opportunities Fund NAV as on February 28, 2021: ̀ 27.858 (Dividend Option), ̀ 30.742 (Direct Dividend Option), ̀ 159.678 (Growth Option), ̀ 174.215 (Direct Growth Option)

For last three dividends, please refer page no 71-73. For scheme performance, please refer page no 60-67.*For Fund Manager experience, please refer page 68-70. ## Risk rate assumed to be 3.47% (FBIL Overnight MIBOR rate as on 26th February 2021).**Total Expense Ratio includes applicable B30 fee and GST.

Scheme Inception : - September 09, 2004. 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 TRI - Total Return Index, In terms of SEBI circular dated January 4, 2018, the performance of the scheme is benchmarked to the Total Return variant (TRI) of the Benchmark Index instead of Price Return Variant (PRI).

7

Investment style


Large

Medium

Small

AAUM: `5,103.62 crs

AUM: `5,176.82 crs


Upadhyaya*




Product Label


Nifty 200 (TRI) ( )#`



Scheme Returns (%)





Alpha 1.97 1.58 0.92 0.26 1.36 -3.73

12.81 13.68 13.51 15.14 19.31 68.74

12.79 13.41 13.64 15.70 19.47 66.33

14.78 15.26 14.43 15.40 20.67 65.02


19,80,000 12,00,000 8,40,000 6,00,000 3,60,000 1,20,000

76,35,338 26,64,264 14,03,160 8,80,871 4,86,395 1,58,045

62,92,270 24,12,890 13,63,994 8,87,303 4,78,297 1,58,761

63,08,482 24,47,722 13,58,050 8,75,181 4,77,275 1,60,074

Low High

Low

to

Moder

ate


High

Very H

ighLo

w


27.456(P/E)


Benchmark35.64

22.56

1.02

15.67

13.43

10.28

13.09

9.26

2.57

8.66

12.53

6.14

4.45

5.52

2.70

4.11

2.71

3.38

0.69

2.84

Scheme

Financial Services Industrial Manufacturing Energy Information Technology Cement & Cement Products

Consumer Goods Pharma Construction Metals Fertilisers & Pesticides

7


Additional Investment: `1000 & in multiples of ̀ 1Ideal Investments Horizon: 5 years & above



Entry Load: Nil. (applicable for all plans)Exit Load:





Load Structure


There is no assurance that the investment objective of the Scheme will be achieved

Investment ObjectiveThe investment objective of the scheme is to generate capital appreciation from a diversified portfolio of equity and equity related securities by investing predominantly in small cap companies.

Available Plans/OptionsA) Regular Plan B) Direct Plan


Dividend FrequencyTrustee’s Discretion

Ratios

20.72%

0.82

0.46

29.17%


Dixon Technologies India Ltd. 3.55

V-Guard Industries Ltd. 1.19

Carborundum Universal Ltd. 3.85

Blue Star Ltd. 2.51

Alkyl Amines Chemicals Ltd. 1.88Solar Industries India Limited 1.92


APL Apollo Tubes Ltd. 2.62


Equity & Equity related Consumer Durables 20.04

Sheela Foam Ltd 4.05Century Plyboards (India) Ltd. 4.51

Amber Enterprises India Ltd. 2.25Orient Electric Ltd. 1.49

VIP Industries Ltd. 0.49

Supreme Industries Limited 3.79Nilkamal Ltd 2.47

Finolex Cables Ltd. 0.55WPIL Ltd 0.65

Chemicals 7.58

Schaeffler India Ltd 1.63Apollo Pipes Ltd. 0.98

Galaxy Surfactants Ltd. 2.50

Atul Ltd. 1.28Ferrous Metals 5.86Ratnamani Metals & Tubes Ltd. 3.24

Construction 5.54

Somany Ceramics Ltd. 1.14

Persistent Systems Limited 3.02Cyient Ltd. 1.49Happiest Minds

Mahindra Lifespace

JMC Projects (India) Ltd. 1.05

Technologies Limited 0.84Cement 4.85

Developers Ltd 1.31

Software 5.35

Great Eastern Shipping

JK Cement Ltd. 3.16

RBL Bank Ltd 0.32

Lux Industries Limited 2.37

Company Ltd 0.82


Kewal Kiran Clothing Limited. 0.52



Transportation 3.47Blue Dart Express Ltd. 2.65

Banks 3.73The Ramco Cements Ltd 1.69

Pesticides 2.29

Shriram City Union

Prataap Snacks Ltd 1.49


Sandhar Technologies Ltd. 0.75

Techno Electric & Engineering


Finance 2.43


Torrent Pharmaceuticals Ltd. 0.31


Auto Ancillaries 2.10Varroc Engineering Ltd. 0.90


Services India Ltd 0.20



Hawkins Cooker Ltd 2.78


Finance Ltd. 0.48

Company Ltd 0.23

Mahindra & MahindraAavas Financiers Ltd. 0.92

UTI Asset Management

Heritage Foods Ltd 0.80

Dhanuka Agritech Ltd. 0.90

Laurus Labs Ltd 1.06Cadila Healthcare Ltd 0.76

Company Limited 2.15

BEML Ltd. 0.59Auto 1.95V.S.T Tillers Tractors Ltd 1.95

Thermax Ltd. 1.49

Retailing 1.49Shoppers Stop Ltd. 0.75V-Mart Retail Ltd. 0.74Fertilisers 0.94Coromandel International Ltd. 0.94Oil 0.63Hindustan Oil ExplorationCompany Ltd. 0.63Commercial Services 0.20Security and Intelligence

Commercial Services 0.20Security and IntelligenceServices India Ltd 0.20Equity & EquityRelated - Total 96.69Triparty Repo 3.56Net Current Assets/(Liabilities) -0.25Grand Total 100.00


• Investment in equity & equity related securities predominantly in small cap Stocks.

• Long term capital growth



Small cap fund - An open-ended equity scheme predominantly investing in small cap stocks

KOTAK SMALL CAP FUND



PORTFOLIO



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 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

Alpha is difference of scheme return with benchmark return.Kotak Small Cap Fund as on February 28, 2021: ̀ 50.245 (Dividend Option), ̀ 56.097 (Direct Dividend Option), ̀ 115.17 (Growth Option), ̀ 127.715 (Direct Growth Option)*For Fund Manager experience, please refer page 68-70. ## Risk rate assumed to be 3.47% (FBIL Overnight MIBOR rate as on 26th February 2021).**Total Expense Ratio includes applicable B30 fee and GST.For last three dividends, please refer page no 71-73. For scheme performance, please refer page no 60-67.

8

Investment style


Large

Medium

Small

Allotment date: February 24, 2005

AUM: `3,059.07 crs

100 TRI Benchmark: NIFTY Smallcap


AAUM: `2,885.02 crs Fund Manager: Mr. Pankaj Tibrewal*

Product Label





Scheme Returns (%)

Nifty Smallcap 100 (TRI) Returns (%)



Alpha

Nifty Smallcap 100 (TRI) ( )#`



47,94,025 21,90,608 12,13,472 8,02,393 4,93,594 1,87,746

58,09,863 24,12,890 13,63,994 8,87,303 4,78,297 1,58,761

19,30,000 12,00,000 8,40,000 6,00,000 3,60,000 1,20,000

10.48 11.59 10.36 11.61 21.74 121.78

81,87,177 32,66,871 16,17,790 10,01,229 5,76,604 1,90,906

12.56 13.41 13.64 15.70 19.47 66.33

16.20 19.05 18.43 20.67 33.31 128.08

5.72 7.46 8.08 9.05 11.58 6.30


Low High

Low

to

Moder

ate


High

Very H

ighLo

w


21.755(P/E)


13.91

23.90

5.65

16.05

8.90

7.71

6.37

7.60

3.25

6.47

15.79

6.18

1.17

5.88

15.36

5.37

2.89

4.86

1.02

4.06

Benchmark

Scheme

Consumer Goods Industrial Manufacturing Construction Chemicals Services Financial Services

Metals Information Technology Cement & Cement Products Automobile


Product Label



• Investment in portfolio of predominantly equity & equity related securities of large cap companies


To generate capital appreciation from a portfolio of predominantly equity and equity related securities falling under the category of large cap companies. There is no assurance that the investment objective of the scheme will be achieved.


Ratios



Dividend Frequency







Additional Investment: ̀ 1000 & in multiples of ̀ 1Ideal Investments Horizon: 5 years & above

Load Structure

a) For redemption / switch out of upto 10% of the initial investment amount (limit) purchased or switched in within 1 year from the date of allotment: Nil. b) If units redeemed or switched out are in excess of the limit within 1 year from the date of allotment: 1%

Regular: 2.13%; Direct: 0.92%Total Expense Ratio**

Exit Load:



32.35%

0.96

0.47

21.51%

Alpha is difference of scheme return with benchmark return


Kotak Bluechip Fund NAV as on February 28, 2021: ̀ 39.894 (Dividend Option), ̀ 44.582 (Direct Dividend Option), ̀ 309.051 (Growth Option), ̀ 337.097 (Direct Growth Option)

As TRI data is not available since inception of the scheme, benchmark SIP Performance is calculated by taking S&P BSE Sensex PRI values from 29th Dec 1998 to 31st May 2007 and TRI Values since 31st May 2007.TRI – Total Return Index, In terms of SEBI circular dated January 4, 2018, the performance of the scheme is benchmarked to the Total Return variant (TRI) of the Benchmark Index instead of Price Return Variant (PRI).


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

Large cap fund - An open-ended equity scheme predominantly investing in large cap stocks

KOTAK BLUECHIP FUND



PORTFOLIO




9

Fund Manager: Mr. Harish Krishnan*

AAUM: `2,225.36 crs

Benchmark: NIFTY 50 TRI

Allotment date: December 29, 1998


AUM: `2,206.52 crs

Investment style


Large

Medium

Small



Company Ltd. 1.52

Tata Consultancy

HDFC Life Insurance

Kotak Mahindra Bank Ltd. 2.66


Insurance Company Ltd 1.36

Banks 22.50HDFC Bank Ltd. 8.21

Infosys Ltd. 7.53

Services Ltd. 5.12

Finance 10.78HDFC Ltd. 2.99

Equity & Equity related


SBI Cards & Payment

Software 14.68

Axis Bank Ltd. 2.96


Bajaj Finance Ltd. 1.79


Max Financial Services Ltd. 1.18Petroleum Products 9.10

Corporation Ltd. 0.92Reliance Industries Ltd -Partly Paid Shares 0.52Consumer Non Durables 8.03Hindustan Unilever Ltd. 3.87Godrej Consumer


United Breweries Ltd. 1.05Tata Consumer Products Ltd 0.88ITC Ltd. 0.83

Products Ltd. 1.40

Ultratech Cement Ltd. 1.66Cement 4.08

Shree Cement Ltd. 1.32The Ramco Cements Ltd 1.10Gas 3.39Gujarat State Petronet Ltd. 1.02Indraprastha Gas Ltd. 0.89Petronet LNG Ltd. 0.81Gujarat Gas Ltd. 0.67

Bharat Petroleum

Auto 3.21

Developers Ltd 0.54

Transportation 1.26

Solar Industries India Limited 0.89


Bajaj Electricals Ltd. 0.18


of India Ltd. 1.26




Grand Total 100.00


Indian Railway Catering And


Titan Company Ltd. 1.28Bata India Ltd. 0.81



Tourism Corporation Ltd. 1.36

Telecom - Services 2.27



Maruti Suzuki India Limited 1.09


Chemicals 0.89

Retailing 0.86

Eicher Motors Ltd. 1.13

Mahindra & Mahindra Ltd. 0.99

DR.Lal Pathlabs Ltd. 1.04



Construction 1.28



Services 1.36

Mahindra Lifespace



Fertilisers 0.87

Avenue Supermarts Ltd. 0.86Equity & EquityRelated - Total 98.04Triparty Repo 1.79Net Current Assets/(Liabilities) 0.17


14.97 13.54 13.19 14.79 20.06 65.28

13.93 13.41 13.64 15.70 19.47 66.33

14.19 13.87 14.24 16.62 20.00 64.29


91,10,194 24,72,879 13,93,707 9,07,359 4,81,833 1,57,647

99,09,049 24,29,408 13,42,358 8,67,738 4,82,271 1,58,190

21,70,000 12,00,000 8,40,000 6,00,000 3,60,000 1,20,000

1.03 0.13 -0.45 -0.91 0.59 -1.05

88,57,197 24,12,890 13,63,994 8,87,303 4,78,297 1,58,761


Scheme Returns (%)


Alpha



Nifty 50 (TRI) ( )#`

S&P BSE SENSEX (TRI) ( )^`

S&P BSE SENSEX (TRI) Returns (%)

Low High

Low

to

Moder

ate


High

Very H

ighLo

w


28.454(P/E)


39.50

33.37

15.73

14.72

14.51

12.52

10.01

11.20

5.63

4.48

2.44

4.09

2.78

4.04

3.21

2.92

0.79

2.63

2.13

2.28

Benchmark

Scheme

Financial Services Information Technology Energy Consumer Goods Automobile

Cement & Cement Products Construction Pharma Services Telecom

7

An open ended equity scheme investing in maximum 30 stocksin large-cap, mid-cap and small-cap category





Partly Paid Shares 0.26

Cement 7.27

Infosys Ltd. 7.44


ICICI Bank Ltd. 8.81HDFC Bank Ltd. 7.28

SBI Cards & Payment




Software 10.64


Banks 24.11


Finance 9.33


Tata Consultancy Services Ltd. 3.20

Aavas Financiers Ltd. 2.32



Reliance Industries Ltd -

Auto 6.35Mahindra & Mahindra Ltd. 3.57

Industrial Products 6.27Supreme Industries Limited 3.73SRF Ltd. 2.54


Godrej ConsumerProducts Ltd. 1.44

Consumer Durables 4.44Voltas Ltd. 1.79


Sheela Foam Ltd 1.47Orient Electric Ltd. 1.18

Telecom - Services 3.74Bharti Airtel Ltd 3.74


Pharmaceuticals 2.52Alkem Laboratories Ltd. 2.52


Gas 2.40

Equity & Equity

Triparty Repo 1.16


Pesticides 1.66

Net Current Assets/


(Liabilities) -0.20







Grand Total 100.00


Construction 2.30



10





Load Structure







Investment ObjectiveThe investment objective of the scheme is to generate long-term capital appreciation/income by investing in equity & equity re lated instruments across market capitalization of up to 30 companies. However, there is no assurance that the objective of the scheme will be realized.



Trustee’s DiscretionDividend Frequency


market capitalisation in maximum 30 stocks* Investors should consult their financial advisors if in doubt about whether the product is suitable for them.

• Investment in equity & equity related securities across

Product Label

44.82%Portfolio Turnover

Fund Manager: Ms. Shibani Kurian & Mr. Harish Krishnan*


Allotment date: July 16, 2019

Folio count: 71,710

AAUM: ` crs 1,874.50

AUM: ` crs1,839.87

PORTFOLIO


Investment style


Large

Medium

Small


KOTAK FOCUSED EQUITY FUND



2,00,000 1,20,000

2,60,742 1,58,761

Since Inception 1 year

2,62,560 1,59,612

35.89 68.74

2,63,253 1,60,074

34.50 66.33

35.51 67.89

-0.38 -0.85Alpha





Scheme Returns (%)

Nifty 200 TRI (%)

Nifty 200 TRI ( )#`


Scheme Inception : - July 16,2019. 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 TRI - Total Return Index, In terms of SEBI circular dated January 4, 2018, the performance of the scheme is benchmarked to the Total Return variant (TRI) of the Benchmark Index instead of Price Return Variant (PRI). The debt component of the index is TRI since inception.

Kotak Focused Equity Fund NAV as on February 28, 2021: ̀ 13.416 (Growth Option), ̀ 13.805 (Direct Growth Option), ̀ 13.416 (Dividend Option), ̀ 13.806 (Direct Dividend Option)


*For Fund Manager experience, please refer page 68-70. **Total Expense Ratio includes applicable B30 fee and GST. For scheme performance, please refer page no 60-67.

Low High

Low

to

Moder

ate


High

Very H

ighLo

w


27.235(P/E)

5.983P/BV

0.55Div Yld

24.11 10.64 9.33 7.27 7.19 6.35 6.27 6.18

4.44

3.74 14.48

Banks Software Finance Cement Petroleum Products Auto Industrial Products

Consumer Non Durables Consumer Durables Telecom - Services REST

7



The investment objective of the scheme is 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 assurance that the objective of the scheme will be realized.



Ratios


Initial Investment: `500 and in multiple of `500

Options: Dividend Payout & Growth (applicable for all plans)

Additional Investment: `500 & in multiples of ̀ 500Ideal Investments Horizon: 5 years & above

Load StructureEntry Load: Nil. (applicable for all plans)Exit Load: Exit Load is not applicable for Kotak Tax Saver Fund. (applicable for all plans)



36.00%

0.93

0.48

21.84%

Portfolio Turnover$Beta $Sharpe##

$Standard Deviation



• Investment in portfolio of predominantly equity & equity related securities.

• long term capital growth with a 3 year lock in

An open-ended equity linked saving scheme with a statutory lock in of 3 years and tax benefits

KOTAK TAX SAVER FUND



PORTFOLIO





Alpha is difference of scheme return with benchmark return.TRI – Total Return Index, In terms of SEBI circular dated January 4, 2018, the performance of the scheme is benchmarked to the Total Return variant (TRI) of the Benchmark Index instead of Price Return Variant (PRI).

Kotak Tax Saver Fund NAV as on February 28, 2021: ̀ 21.628 (Dividend Option), ̀ 26.822 (Direct Dividend Option), ̀ 57.79 (Growth Option) ̀ 64.031 (Direct Growth Option)


Scheme Inception : - November 23, 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 ànd 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

11

Investment style


Large

Medium

Small

AAUM: `1,673.83 crs


Upadhyaya*



AUM: `1,679.04 crs

Allotment date: November 23, 2005

Product Label


51,77,617 24,72,906 13,65,740 8,77,640 4,81,312 1,61,867

12.51 14.50 14.06 15.11 20.27 66.60

50,74,950 24,12,890 13,63,994 8,87,303 4,78,297 1,58,761


12.21 13.41 13.64 15.70 19.47 66.33

0.07 0.63 0.38 -0.14 0.35 -5.46

12.44 13.87 13.67 15.25 19.92 72.06

18,40,000 12,00,000 8,40,000 6,00,000 3,60,000 1,20,000

52,08,479 25,57,585 13,84,584 8,74,589 4,83,657 1,58,907




Alpha


Scheme Returns (%)

Nifty 500 (TRI) ( )#`



Banks 21.25Equity & Equity related

ICICI Bank Ltd. 8.37State Bank Of India 3.60

AU Small Finance Bank Ltd. 2.68Software 10.94

Industrial Products 9.39SRF Ltd. 3.24Cummins India Ltd. 1.64

Axis Bank Ltd. 3.13

Polycab India Ltd. 1.39

Tata Consultancy Services Ltd. 3.88Tech Mahindra Ltd. 1.09


HDFC Bank Ltd. 3.47


Infosys Ltd. 5.97

SKF India Ltd 1.20

Cement 7.17



HDFC Life InsuranceCompany Ltd. 1.67


Sheela Foam Ltd 1.27

Finance 3.72


Cipla Ltd. 2.34




Dalmia Bharat Limited 1.11



Blue Star Ltd. 1.33






Whirlpool of India Ltd. 0.86Bata India Ltd. 0.64Construction Project 3.97

Shree Cement Ltd. 1.89Ultratech Cement Ltd. 2.73



Hero MotoCorp Ltd. 0.96


Ferrous Metals 2.70


Auto 2.09


Gas 3.47

Thermax Ltd. 2.23ABB India Ltd. 1.30

Chemicals 3.12Linde India Ltd. 2.09


Transportation 2.12Blue Dart Express Ltd. 1.12Container Corporationof India Ltd. 1.00

Bajaj Auto Ltd. 1.13

Fertilisers 1.84

Consumer Non Durables 1.59Hindustan Unilever Ltd. 1.59

Balkrishna Industries Ltd. 1.21Textile Products 1.05Page Industries Ltd 1.05Power 0.92


Kalpataru PowerTransmission Ltd. 0.92

Hawkins Cooker Ltd 0.64Construction 0.51JMC Projects (India) Ltd. 0.51Equity & Equity


Preference Shares



6% Redm Preference Sh ZeeEntertainment Enterprises Ltd. Media and Entertainment 0.01

Triparty Repo 1.55

(Liabilities) -0.12Net Current Assets/

Grand Total 100.00

Preference Share - Total 0.01

Low High

Low

to

Moder

ate


High

Very H

ighLo

w


28.798(P/E)


33.68

25.01

2.49

12.93

12.49

10.96

12.36

8.13

2.56

7.19

4.78

6.53

12.57

5.69

3.07

4.49

5.84

3.30

1.30

3.12

Benchmark

Scheme

Financial Services Industrial Manufacturing Information Technology Energy Cement & Cement Products

Pharma Consumer Goods Construction Automobile Chemicals

• Investment in portfolio of predominantly equity & equity related securities



SBI Cards & Payment



Jubilant Foodworks Limited 0.89



Bajaj Auto Ltd. 0.77






ITC Ltd. 0.81

Services Pvt. Ltd. 1.03Aavas Financiers Ltd. 1.03

Auto 5.27

Godrej Consumer Products Ltd. 0.62

Equity & Equity relatedBanks 26.74ICICI Bank Ltd. 8.17HDFC Bank Ltd. 6.57State Bank Of India 4.25Axis Bank Ltd. 3.49AU Small Finance Bank Ltd. 2.14Federal Bank Ltd. 1.21IndusInd Bank Ltd. 0.67

The Ramco Cements Ltd 0.57Finance 6.40




Mahindra & Mahindra FinancialServices Ltd. 1.22

Infosys Ltd. 6.64Software 11.73

HCL Technologies Ltd. 0.99



Petroleum Products 8.18Reliance Industries Ltd. 6.47

Corporation Ltd 0.77Hindustan Petroleum

Bharat Petroleum

Mphasis Ltd 0.72


Cement 6.55Partly Paid Shares 0.36

Tata Consultancy Services Ltd. 2.70


Construction 2.64


Torrent Pharmaceuticals Ltd. 0.87Dr Reddys Laboratories Ltd. 0.65

Industries Ltd. 1.04

SRF Ltd. 1.43


Alkem Laboratories Ltd. 0.41



Dixon Technologies India Ltd. 1.08Titan Company Ltd. 0.95Gas 3.13Gujarat Gas Ltd. 2.15Gujarat State Petronet Ltd. 0.98Construction Project 2.98Larsen And Toubro Ltd. 2.98

Sun Pharmaceuticals

Voltas Ltd. 1.45

Telecom - Services 2.76Bharti Airtel Ltd 2.76



National Thermal PowerCorporation Limited 1.13

Transportation 0.79Inter Globe Aviation Ltd 0.79




Corporate Debt/

Bharat Electronics Ltd. 1.23


Triparty Repo 1.61

Debentures and Bonds Debt Instruments

Britannia Industries Ltd. ( ) CRISIL AAA 0.01


Ferrous Metals 1.41

Power 1.13


Motherson Sumi Systems Ltd. 0.03Equity & Equity

Corporate Debt/Financial


Fertilisers 0.89Coromandel International Ltd. 0.89

Grand Total 100.00

Net Current Assets/(Liabilities) -0.40

An open-ended equity scheme following contrarian investment strategy

KOTAK INDIA EQ CONTRA FUND



PORTFOLIO




12

AAUM: `941.90 crs AUM: `934.00 crs

Fund Manager: Ms. Shibani Kurian*

Benchmark: NIFTY 100 TRIAllotment date: July 27, 2005Folio count: 50,703

Investment style


Large

Medium

Small


Kotak India EQ Contra Fund NAV as on February 28, 2021: ̀ 23.853 (Dividend Option), ̀ 27.37 (Direct Dividend Option), ̀ 69.2 (Growth Option), ̀ 76.914 (Direct Growth Option)

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 BenchmarkTRI – Total Return Index, In terms of SEBI circular dated January 4, 2018, the performance of the scheme is benchmarked to the Total Return variant (TRI) of the Benchmark Index instead of Price Return Variant (PRI).Alpha is difference of scheme return with benchmark return.


Monthly SIP of 10000(`)

Scheme Returns (%)

Nifty 100 (TRI) ( )#`





Alpha


0.41 1.04 1.12 1.41 1.95 9.96

57,53,810 25,81,589 14,12,974 9,07,013 4,87,708 1,63,570


18,80,000 12,00,000 8,40,000 6,00,000 3,60,000 1,20,000

55,43,589 24,41,380 13,57,611 8,76,201 4,74,636 1,58,175

53,71,562 24,12,890 13,63,994 8,87,303 4,78,297 1,58,761

12.33 13.41 13.64 15.70 19.47 66.33

13.09 14.67 14.63 16.60 20.87 75.22

12.68 13.63 13.51 15.19 18.91 65.26

is not yet recognised by the market. At times, the broad market takes time to appreciate the long-term potential of some fundamentally sound companies.

Investment ObjectiveThe investment objective of the scheme is to generate capital appreciation from a diversified portfolio of equity and equity related instruments. The Scheme will invest in stocks of companies, which are fundamentally sound but are undervalued. Undervalued stocks are stocks of those companies whose true long term potential

Stocks of such companies are traded at prices below their intrinsic value and are regarded as undervalued stocks.We believe that, over a period of time, the price of a stock reflects the intrinsic value of the underlying company. Thus, the moving up of the price of the undervalued stock towards its intrinsic value will help us generate capital appreciation for investors.

A) B) Direct Plan Regular Plan Options: Dividend Payout, Dividend Reinvestment & Growth (applicable for all plans)



Ratios

Exit Load:












Load Structure


32.31%1.010.51

22.58%

Product LabelData as on February 28, 2021

Low High

Low

to

Moder

ate


High

Very H

ighLo

w


24.695(P/E)4.515P/BV0.70Div Yld

36.99

33.16

14.26

12.44

14.49

11.74

12.32

8.08

2.59

6.55

2.67

5.63

0.23

5.34

5.41

5.30

4.28

3.97

2.19

2.77

Benchmark

Scheme

Financial Services Energy Information Technology Consumer Goods Cement & Cement Products

Construction Industrial Manufacturing Automobile Pharma Telecom

For viewing detailed portfolio of CI Signature Global Technology Corporate Class on desktop please visit: Kotak MF website>> Forms & Essentials>>Portfolios>> CI Signature Global Technology Corporate Class. Also you can scan the QR code for CI Signature Global Technology Corporate Class portfolio.


Load Structure

Dividend Frequency






Ratios


Exit Load:







Investment ObjectiveThe investment objective of the scheme is to generate capital appreciation from a diversified portfolio of equity, equity related instruments and units of global mutual funds which invests into such companies that utilize new forms of production, technology, distribution or processes which are likely to challenge existing markets or value networks, or displace established market leaders, or bring in novel products and/or business models.However, there can be no assurance that the investment objective of the Scheme will be realized.Available Plans/Options




SBI Cards & PaymentBajaj Finance Ltd. 3.59


Equity & Equity relatedFinance 10.35

HDFC Life InsuranceCompany Ltd. 1.99



HDFC Bank Ltd. 7.59

Cadila Healthcare Ltd 2.28Sun Pharmaceuticals

Banks 7.59

Industries Ltd. 2.03Divi s Laboratories Ltd. 1.34


Mahindra & Mahindra Ltd. 2.75Maruti Suzuki India Limited 2.54

Bharat Forge Ltd. 2.50AIA Engineering Limited. 1.55Schaeffler India Ltd 1.18Software 5.16Persistent Systems Limited 3.30


Auto 5.29


ABB India Ltd. 1.39


Consumer Durables 3.84Affle (India) Ltd. 0.59

Titan Company Ltd. 3.84Auto Ancillaries 3.65

Industrial Capital Goods 3.26Thermax Ltd. 1.87

Indiamart intermesh ltd. 1.27

Igarashi Motors India Ltd. 0.73

Thematic - An open ended equity scheme investing in pioneering innovations theme.



PORTFOLIO

13

Investment style


Large

Medium

Small

Fund Manager: Mr. Harish Krishnan & Mr. Arjun Khanna*

Pioneering Innovations + 15% MSCI ACWI Information Technology

AAUM: `861.20 crs

Index TRI.Allotment date: October 31, 2019

Benchmark: 85% IISL Kotak India AUM: `879.05 crs

Folio count: 35,152

Product Label


Software 0.59

Construction 1.17

Ferrous Metals 1.98

Services 2.60


Retailing 1.33


Transportation 2.22

Mahindra Lifespace

of India Ltd. 2.22


Tata Consumer Products Ltd 2.36

3M India Ltd. 1.30Commercial Services 1.30

Developers Ltd 1.17Textile Products 1.12


Trent Ltd 1.33







Ratnamani Metals & Tubes Ltd. 1.19

Chemicals 1.57

Gas 1.42

Pesticides 0.94

Affle (India) Ltd. 0.59

Mutual Fund Units Signature Global TechnologyCorporate Class Fund - 994 Overseas Mutual Fund 19.20

Net Current Assets/(Liabilities) -0.26Grand Total 100.00


Equity & Equity

Triparty Repo 3.71

KOTAK PIONEER FUND


• Long term capital growth• Investment in equity and equity related securities of

companies operating with pioneering innovations theme without any market capitalisation and sector bias.







64.72 97.20

2,28,687 1,61,911

17.29 25.06

2,49,868 1,75,179

1,70,000 1,20,000

47.43 72.14

2,20,291 1,58,761

40.68 66.33




Alpha


Nifty 200 TRI (%)

Scheme Returns (%)

Nifty 200 TRI ( )#`


Scheme Inception : - October 31, 2019. 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 TRI - Total Return Index, In terms of SEBI circular dated January 4, 2018, the performance of the scheme is benchmarked to the Total Return variant (TRI) of the Benchmark Index instead of Price Return Variant (PRI). The debt component of the index is TRI since inception.Alpha is difference of scheme return with benchmark return.Kotak Pioneer Fund NAV as on February 28, 2021: ̀ 15.147 (Dividend Option), ̀ 15.51 (Direct Dividend Option), ̀ 15.147 (Growth Option), ̀ 15.511 (Direct Growth Option)*For Fund Manager experience, please refer page 68-70. **Total Expense Ratio includes applicable B30 fee and GST. For scheme performance, please refer page no 60-67.

Low High

Low

to

Moder

ate


High

Very H

ighLo

w


19.20 10.35 9.32 7.59 5.65 5.295.23

5.163.84

3.71 24.66

Overseas Mutual Fund Finance Petroleum Products Banks Pharmaceuticals Auto

Industrial Products Software Consumer Durables TREP & Term Deposits & Rev.Repo REST


Investment ObjectiveThe scheme shall seek to generate capital appreciation by investing in a diversified portfolio of companies that follow Environmental, Social and Governance parameters.



Load Structure

a) For redemption / switch outs (including SIP/STP) within 1 year from the date of allotment of units:1%




b) For redemptions / switch outs (including SIP/STP) after 1 year from the date of allotment of units: NIL


However, there can be no assurance that the investment objective of the Scheme will be realized.

Dividend Frequency

Exit Load:



Ratios



Cement 8.43

Software 12.77

Cipla Ltd. 3.08



HDFC Bank Ltd. 3.25State Bank Of India 2.54

Company Ltd. 2.62Muthoot Finance Ltd 2.54

SBI Cards & PaymentServices Pvt. Ltd. 1.22

Infosys Ltd. 4.90Tech Mahindra Ltd. 2.69

Services Ltd. 5.18


Colgate Palmolive (India ) Ltd. 1.29


Finance 13.72

HDFC Life Insurance


Tata Consultancy



Banks 14.41

HDFC Ltd. 5.95

Axis Bank Ltd. 2.12

JK Cement Ltd. 1.58




Indigo Paints Limited 1.56

Balrampur Chini Mills Ltd. 1.27

HeidelbergCement India Ltd. 1.59


Godrej ConsumerProducts Ltd. 1.01Pharmaceuticals 7.30


Abbott India Ltd. 0.94

Bajaj Auto Ltd. 2.47Eicher Motors Ltd. 2.03Telecom - Services 4.35Bharti Airtel Ltd 4.35

Auto 4.50

This product is suitable for investors who are seeking*:• Long term capital growth• Investment in Portfolio of predominantly equity &

equity related securities of companies following environmental, social and governance (ESG) criteria.


An open-ended Equity Scheme following Environment, Social and Governance (ESG) theme



PORTFOLIO

Kotak ESG Opportunities Fund NAV as on February 28, 2021: `10.274 (Dividend Option), `10.315 (Direct Dividend Option), `10.274 (Growth Option), `10.315 (Direct Growth Option)*For Fund Manager experience, please refer page 68-70. **Total Expense Ratio includes applicable B30 fee and GST.

14

Folio count: 51,341

AAUM: `1,553.91 crs


AUM: `1,535.18 crs

Benchmark: Nifty 100 ESG Index TRI


Upadhyaya*

Product Label



Polycab India Ltd. 1.52Bharat Forge Ltd. 1.19Construction Project 2.82Larsen And Toubro Ltd. 2.82Ferrous Metals 2.21


Ratnamani Metals &Jindal Steel & Power Ltd. 1.75

Tubes Ltd. 0.46Fertilisers 2.14Coromandel International Ltd. 2.14Consumer Durables 1.52Bata India Ltd. 0.94VIP Industries Ltd. 0.58Healthcare Services 1.50DR.Lal Pathlabs Ltd. 1.50

Mutual Fund Units


Non - Ferrous Metals 1.33

Chemicals 1.27

Pesticides 1.06

Transportation 1.06

Futures

Grand Total 100.00

Linde India Ltd. 1.27


Hindalco Industries Ltd 1.33

Dhanuka Agritech Ltd. 1.06

Retailing 0.32Indraprastha Gas Ltd. 0.32

Hero MotoCorp Ltd.-MAR2021 2.09




V-Mart Retail Ltd. 0.32Equity & Equity

Net Current Assets/(Liabilities) -0.09

Triparty Repo 4.10

Liquid Scheme

MRF Limited 1.38

Gas 0.32

Low High

Low

to

Moder

ate


High

Very H

ighLo

w



KOTAK ESG OPPORTUNITIES FUND

Load Structure





The scheme shall seek to generate capital appreciation by investing in a diversified portfolio of companies that follow Environmental, Social and Governance parameters.

Ratios

Dividend Frequency






b) For redemptions / switch outs (including SIP/STP) after 1 year from the date of allotment of units: NIL


a) For redemption / switch outs (including SIP/STP) within 1 year from the date of allotment of units:1%





Banks Finance Software Cement Consumer Non Durables Pharmaceuticals

Auto Telecom - Services Industrial Products TREP & Term Deposits & Rev.Repo REST

14.41 13.72 12.77 8.43 8.25 7.30 4.50

4.35

4.34

4.10

17.83

Regular:1.28%; Direct: 0.34%

Exit Load: Nil. (applicable for all plans)

Load StructureEntry Load: Nil. (applicable for all plans)




Ratios

The scheme is a close ended scheme. The units of the scheme can be traded on the stock exchange.


Investment ObjectiveThe investment objective of the scheme is 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.


A)Regular Plan B) Direct Plan

Options: Dividend Payout & Growth ......(applicable for all plans)

Dividend Frequency


(India) Ltd. 1.71

Century Plyboards




Emami Ltd. 2.06



Option 7.34


Axis Bank Ltd. 1.76

Maruti Suzuki

Bharat Petroleum

Non Durables 8.37

Software 8.32

Firstsource Solutions Ltd. 1.35



Hindustan Petroleum


ITC Ltd. 3.50


Banks 14.35

Consumer


United Spirits Ltd. 0.75

Persistent

Systems Limited 3.09

Infosys Ltd. 2.72

Tech Mahindra Ltd. 1.16

Auto 4.97


India Limited 1.68




Grand Total 100.00

National Thermal Power

Put Option - December 2023 7.34

SRF Ltd. 0.76

Subros Ltd. 1.64



JK Cement Ltd. 1.54

Mahindra & Mahindra

Equity & Equity

Construction 0.86

Options

CNX NIFTY - 14500.000 -

Finance 0.71

Solara Active Pharma

Net Current Assets/

(Liabilities) -2.92


Tata Steel Ltd. 2.21



Cement 1.54

Corporation Limited 3.01

Greenply Industries Ltd. 1.47

Sciences Ltd. 1.00


Ferrous Metals 2.21

Power 3.01



Options - Total 7.34

Triparty Repo 22.58


• Investment in equity and equity related securities without any market capitalisation and sector bias.



Multicap fund - A 36 months close ended equity scheme investing across large cap,midcap and small cap stocks

KOTAK INDIA GROWTH FUND SERIES 4



PORTFOLIO


*For Fund Manager experience, please refer page 68-70. **Total Expense Ratio includes applicable B30 fee and GST. For scheme performance, please refer page no 60-67.Kotak India Growth Fund Series 4 NAV as on February 28, 2021: ̀ 15.099 (Dividend Option), ̀ 15.518 (Direct Dividend Option), ̀ 15.099 (Growth Option), ̀ 15.625 (Direct Growth Option)

Investment style


Large

Medium

Small

Folio count: 1,745


Fund Manager: Mr. Devender Singhal*

AAUM: `526.57 crs

AUM: `71.32 crs


Product Label


15


Low High

Low

to

Moder

ate


High

Very H

ighLo

w


19.63

13.43

17.50

35.64

15.07

12.53

11.55

13.09

8.33 7.34

5.95

6.61

2.03

4.31

2.70

3.29

2.71

2.21

Benchmark

Scheme

Cash & Cash Equivalent Energy Financial Services Consumer Goods

Information Technology Others Automobile Telecom Construction Metals

To generate capital appreciation from a diversified portfolio of equity & equity related instruments across market .........capitalisation and sectors.


Dividend Frequency






Ratios



Load Structure

The scheme is a close ended scheme. The units of the scheme can be traded on the stock exchange.





SRF Ltd. 2.54


HDFC Life Insurance


Tata Motors Ltd. 1.81

Affle (India) Ltd. 2.43

Amara Raja Batteries Ltd. 1.32



Software 8.66

Indiamart intermesh ltd. 1.28Industrial Products 7.87


HDFC Bank Ltd. 7.24

Finance 11.98

CRISIL Ltd. 1.00


SBI Cards & Payment

Company Ltd. 1.31


Bharat Forge Ltd. 2.28Schaeffler India Ltd 1.79

Services Pvt. Ltd. 3.99Bajaj Finance Ltd. 3.68





Banks 7.24

Industries Ltd. 2.33


Sun Pharmaceuticals

Lupin Ltd. 0.95Auto 5.19Maruti Suzuki India Limited 3.38

Auto Ancillaries 4.90Motherson Sumi Systems Ltd. 3.58

Ferrous Metals 4.82Ratnamani Metals & Tubes Ltd. 3.02

Consumer Durables 4.73Titan Company Ltd. 4.73

Services 4.27Indian Railway Catering AndTourism Corporation Ltd. 4.27Construction 3.25Mahindra LifespaceDevelopers Ltd 2.16Rail Vikas Nigam Limited. 1.09Gas 3.07Gujarat Gas Ltd. 2.12Petronet LNG Ltd. 0.95Transportation 2.78Container Corporation

Fertilisers 1.58



Triparty Repo 2.26


ABB India Ltd. 1.63

Indigo Paints Limited 0.04

Pesticides 2.23


Mutual Fund Units

Industrial Capital Goods 1.633M India Ltd. 1.70


Net Current Assets/

Oil 1.09

Commercial Services 1.70

Equity & Equity

of India Ltd. 1.87

Company Ltd. 1.09

(Liabilities) 1.12




Hindustan Oil Exploration

Liquid Scheme



Chemicals 2.21

Grand Total 100.00

Multicap fund - A 1099 days close ended equity scheme investing across large cap,midcap and small cap stocks




PORTFOLIO


Kotak India Growth Fund Series 5 NAV as on February 28, 2021: ̀ 14.37 (Dividend Option), ̀ 14.469 (Direct Dividend Option), ̀ 14.37 (Growth Option), ̀ 14.469 (Direct Growth Option)*For Fund Manager experience, please refer page 68-70. **Total Expense Ratio includes applicable B30 fee and GST. For scheme performance, please refer page no 60-67.

Investment style


Large

Medium

Small




Product Label


AAUM: `529.77 crs

AUM: `535.93 crs


Allotment date: May 15, 2018

Folio count: 4,603


16

Low High

Low

to

Moder

ate


High

Very H

ighLo

w


21.50

19.22

11.88

13.09

20.12

10.09

4.54

9.49

3.31

8.75

2.65

8.65

11.82

5.28 5.26 4.82

18.33

4.77

Benchmark

Scheme

Financial Services Energy Automobile Industrial Manufacturing Services

Information Technology Pharma Cash & Cash Equivalent Metals Consumer Goods

Investment ObjectiveThe investment objective of the scheme is to generate long-term capital appreciation from a diversified portfolio of .........predominantly 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. However, there is no assurance that the objective of the scheme will be realized.Available Plans/Options

Options: Dividend Payout, Dividend ..........Reinvestment & Growth (applicable for all plans)


Dividend FrequencyTrustee’s DiscretionRatios




Exit Load:





Ideal Investments Horizon: 5 years & aboveLoad Structure


Additional Investment: `1000 & in ........multiples of ̀ 1


19.84%

1.04

0.16

27.41%







SKF India Ltd 1.57


WPIL Ltd 1.10



Rail Vikas Nigam Limited. 2.66


Developers Ltd 2.04

Construction 14.09

Cement 12.02



Mahindra Lifespace




H G Infra Engineering Ltd. 3.48


Gas 6.18

ABB India Ltd. 1.54




Indraprastha Gas Ltd. 2.40

Sadbhav Engineering Ltd. 0.53

Thermax Ltd. 4.98

BEML Ltd. 0.82

Chemicals 5.38

Ratnamani Metals &

Oil 2.08


Equity & Equity


Hindustan Oil Exploration



Transportation 3.66




of India Ltd. 3.66



Transmission Ltd. 1.57

Ferrous Metals 3.74

Tubes Ltd. 2.76

Power 4.03

Triparty Repo 5.43

Services 3.22

Kalpataru Power




Company Ltd. 2.08

Sadbhav Engineering Ltd. 0.53


Net Current Assets/

(Liabilities) -0.46

Grand Total 100.00



• Long term capital appreciation by investing in equity and equity related instruments of companies contributing to infrastructure and economic development of India

An open ended equity scheme following infrastructure & Economic Reform theme

KOTAK INFRASTRUCTURE &ECONOMIC REFORM FUND



PORTFOLIO




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 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 BenchmarkTRI – Total Return Index, In terms of SEBI circular dated January 4, 2018, the performance of the scheme is benchmarked to the Total Return variant (TRI) of the Benchmark Index instead of Price Return Variant (PRI).Alpha is difference of scheme return with benchmark return.Kotak Infrastructure & Economic Reform Fund NAV as on February 28, 2021: ̀ 19.732 (Dividend Option), ̀ 27.081 (Direct Dividend Option), ̀ 24.672 (Growth Option), ̀ 27.392 (Direct Growth Option)*For Fund Manager experience, please refer page 68-70. ## Risk rate assumed to be 3.47% (FBIL Overnight MIBOR rate as on 26th February 2021).**Total Expense Ratio includes applicable B30 fee and GST.For last three dividends, please refer page no 71-73. For scheme performance, please refer page no 60-67.

17

Investment style


Large

Medium

Small

Benchmark: India Infrastructure

Index by IISL)

AAUM: `304.41 crs


Folio count: 17,617

AUM: `327.51 crs


Index (Customised

Product Label


India Infrastructure Index (Customised Index by IISL) (TRI) ( )#`


Scheme Returns (%)

Monthly SIP of ) 10000(`


Alpha

India Infrastructure Index (Customised Index by IISL)(TRI) Returns (%)



15,70,000 12,00,000 8,40,000 6,00,000 3,60,000 1,20,000

38,18,670 24,12,890 13,63,994 8,87,303 4,78,297 1,58,761


11.82 12.51 10.83 11.23 18.45 92.53

6.22 5.84 3.83 2.45 2.78 12.16

22,94,832 16,89,730 10,76,892 7,47,991 4,53,472 1,66,329

12.74 13.41 13.64 15.70 19.47 66.33

5.60 6.67 7.00 8.78 15.67 80.38

35,72,159 22,99,460 12,34,225 7,94,884 4,71,594 1,72,747

Low High

Low

to

Moder

ate


High

Very H

ighLo

w


22.71%

0.95

0.26

21.66%


27.52(P/E)

6.31P/BV0.87Div Yld

21.490(P/E)


10.93

24.47

6.57

21.87

22.19

17.31

14.21

12.19

8.45

6.985.45

13.97

4.31

4.30

3.793.63

12.39

Benchmark

Scheme

Construction Industrial Manufacturing Energy Cement & Cement Products Services

Chemicals Telecom Metals Cash & Cash Equivalent Financial Services


Investment ObjectiveThe investment objective of the scheme is to generate capital appreciation from a diversified portfolio of equity & equity re lated instruments across market capitalisation and sectors. It also endeavors to manage risks through equity derivatives.





Ratios

Minimum Investment AmountThe scheme is a close ended scheme. The units of the scheme can be traded on the stock exchange.



Entry Load: Nil. (applicable for all plans)Load Structure



Axis Bank Ltd. 3.67


Banks 31.97HDFC Bank Ltd. 9.64



Infosys Ltd. 8.49




Software 14.78


HDFC Life Insurance


Finance 6.67



Services Ltd. 5.06



Aavas Financiers Ltd. 1.80

Bharat Petroleum

SBI Cards & Payment


SRF Ltd. 2.89

Consumer

Tata Consultancy



Company Ltd. 1.13

Non Durables 6.06Hindustan Unilever Ltd. 3.37

Britannia Industries Ltd. 1.61

(Liabilities) 0.39


Coromandel

Put Option - June 2021 0.06

Grand Total 100.00

Auto 3.99

Products Ltd. 1.08

Maruti Suzuki



Pharmaceuticals 2.66Torrent Pharmaceuticals Ltd. 1.67Dr Reddys Laboratories Ltd. 0.99

Fertilisers 2.09

Cement 5.76

Gas 1.97



Option

CNX NIFTY - 11400.000 -

CNX NIFTY - 11200.000 -



Triparty Repo 0.72

International Ltd. 2.09


Godrej Consumer



Equity & Equity

Put Option - June 2021 0.25

India Limited 2.61

Net Current Assets/

Multicap Fund - A 36 months close ended equity scheme investing across large cap,midcap and small cap stocks.




PORTFOLIO


*For Fund Manager experience, please refer page 68-70. **Total Expense Ratio includes applicable B30 fee and GST. For scheme performance, please refer page no 60-67.Kotak India Growth Fund Series 7 NAV as on February 28, 2021: ̀ 12.803 (Dividend Option), ̀ 13.152 (Direct Dividend Option), ̀ 12.803 (Growth Option), ̀ 13.152 (Direct Growth Option)

Investment style


Large

Medium

Small

• Long term capital growth.This product is suitable for investors who are seeking*:


*Investors should consult their financial advisors if in doubt about whether the product is suitable for them.

Product Label

Allotment date: August 31, 2018

Folio count: 561

AAUM: `42.17 crs

AUM: `41.39 crs

Fund Manager: Ms. Shibani Kurian*



18



Low High

Low

to

Moder

ate


High

Very H

ighLo

w


39.50

38.65

15.73

14.78

14.51

11.71 6.33 6.06

2.44

5.76

2.78

4.153.99

3.21

2.66

2.13

2.41

Benchmark

Scheme

Financial Services Information Technology Energy Industrial Manufacturing Consumer Goods

Cement & Cement Products Construction Automobile Pharma Telecom

10.01

5.63

www.kotakmf.com/funds/equity-funds/Kotak-Equity-Arbitrage-Fund/Reg-G

Also you can scan the QR code for detailed portfolio.

For detailed portfolio log on to

Maturity

Short Medium Long Volatility

Low

Medium

High

7

An open-ended scheme investing in arbitrage opportunities

KOTAK EQUITY ARBITRAGE FUND

Benchmark: Nifty 50 Arbitrage Index

AAUM: `15,930.06 crs

AUM: `16,361.81 crs


Folio count: 40,849

Fund Manager: Mr. Hiten Shah*

• Income from arbitrage opportunities in the equity marketThis product is suitable for investors who are seeking*:

• Investment in arbitrage opportunities in the cash & derivatives segment of the equity market.


Product Label

*For Fund Manager experience, please refer page 68-70, Mr. Hiten Shah has been managing the fund since 03/10/2019. ## Risk rate assumed to be 3.47% (FBIL Overnight MIBOR rate as on 26th February 2021).**Total Expense Ratio includes applicable B30 fee and GST.For last three dividends, please refer page no 71-73. For scheme performance, please refer page no 60-67.


Issuer/Instrument Industry/Rating % to Net Assets % to Net Assets Derivatives

Vedanta Ltd. Non - Ferrous Metals 1.98 -1.99

Bharti Airtel Ltd Telecom - Services 3.32 -3.34

Others 44.67 -44.90


HDFC Ltd. Finance 2.17 -2.18

Grasim Industries Ltd. Cement 1.93 -1.94

Tata Motors Ltd. Auto 1.67 -1.68

Equity & Equity Related - Total 66.56 -66.90

TERM DEPOSITS 0.36

Adani Port and Special Economic Zone Ltd. Transportation 2.99 -3.01

Net Current Assets/(Liabilities) 1.70

Tata Consultancy Services Ltd. Software 1.71 -1.72

Sun Pharmaceuticals Industries Ltd. Pharmaceuticals 1.59 -1.60

ICICI Bank Ltd. Banks 3.00 -3.01

Triparty Repo 7.88

Tata Steel Ltd. Ferrous Metals 1.53 -1.53

Mutual Fund Units 23.50

Grand Total 100.00





Dividend FrequencyFortnightly (Every alternate Monday from the 1st record date), 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)

Ratios

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.




Load Structure

b) For redemptions/switch outs (including SIP/STP) after 30 days from the date of allotment of units: Nil



Exit Load: a) For redemptions/switch outs (including SIP/STP) within 30 days from the date of allotment of units: 0.25%


Ideal Investments Horizon: 3 months & above

457.78%

0.65

2.21

0.81%

Portfolio Turnover

$Beta

$Sharpe##

$Standard Deviation

Top 10 Holdings

Kotak Equity Arbitrage Fund NAV as on February 28, 2021: `10.6936 (Monthly Dividend Option), `11.1737 (Direct Monthly Dividend Option), `28.9366 (Growth Option), `30.1445 (Direct Growth Option), `19.997 (Bimonthly Dividend), `20.2002 (Direct Bimonthly Dividend), `22.9875 (Fortnightly Dividend), `23.4692 (Direct Fortnightly Dividend)



19

Low High

Low

to

Moder

ate


High

Very H

ighLo

w

Investors understand that their principal will be at low risk

23.50 8.39 8.24 6.83 5.67 5.19

4.29

3.87

3.86

3.34 26.82

Unrated Finance TREP & Term Deposits & Rev.Repo Banks Consumer Non Durables Auto

Pharmaceuticals Telecom - Services Ferrous Metals Transportation REST

www.kotakmf.com/funds/hybrid-funds/Kotak-Balanced-Advantage-Fund/Reg-%20G



7

An open ended dynamic asset allocation fund

KOTAK BALANCEDADVANTAGE FUND

• Investment in equity, equity related securities & debt, money market instruments while managing risk through active allocation.


This product is suitable for investors who are seeking*:• Wealth creation over a long period of time.

Product Label

Mr. Hiten Shah

AAUM: `6,684.85 crs

AUM: `7,000.65 crs

Composite Debt

50:50 Index

Benchmark: NIFTY 50 Hybrid



Fund Manager: Mr. Harish Krishnan

Mr. Abhishek Bisen*

Investment style


Large

Medium

Small

Maturity


Low

Medium

High




Ratios

Load Structure

The investment objective of the scheme is to generate capital appreciation by investing in a dynamically balanced portfolio of equity & equity related securities and debt & money market securities.

Dividend Frequency





Trustee's Discretion







Exit Load:



HDFC Bank Ltd. Banks 2.78

Equity & Equity related Adani Port and Special Economic Zone Ltd. Transportation 3.57 -3.59CNX NIFTY-MAR2021 -3.24ICICI Bank Ltd. Banks 3.07 Reliance Industries Ltd. Petroleum Products 2.85

Bharti Airtel Ltd Telecom - Services 2.73 -2.73

Infosys Ltd. Software 2.39 Tata Consultancy Services Ltd. Software 1.79 Tata Steel Ltd. Ferrous Metals 1.54 -1.55Others 44.64 -19.97Equity & Equity Related - Total 65.36 -33.63

Debt Instruments

CNX BANK INDEX-MAR2021 -2.55

Debentures and Bonds 6.25 Government Dated Securities 8.44 Triparty Repo 7.41 Net Current Assets/(Liabilities) 0.12


Grand Total 100.00

Top 10 Holdings

Kotak Balanced Advantage Fund – Asset Allocation

Source: Internal Analysis. As on 26th Feb 2021. Automatic: A fund that gives you freedom from managing equity and debtallocation manually during the market ups and down, giving you a balanced growth.Mutual fund investment are subject to market risk, read all scheme related documents carefully


20



(^) Fully or Party blocked against Interest Rate Swap (IRS) Hedging Position through Interest Rate Swaps as on 31 Jan 2021 is 2.40% of the net assets.Alpha is difference of scheme return with benchmark return.

*All payouts during the period have been reinvested in the units of the scheme at the then prevailing NAV. Returns >= 1 year: CAGR (Compounded Annualised Growth Rate). N.A stands for data not available. Note: Point to Point (PTP) Returns in INR shows the value of ̀ 10,000/- investment made at inception. Source: ICRA MFI Explorer. # Name of Scheme Benchmark. ## Name of Additional Benchmark.

Scheme Inception : - August 03,2018. 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 TRI - Total Return Index, In terms of SEBI circular dated January 4, 2018, the performance of the scheme is benchmarked to the Total Return variant (TRI) of the Benchmark Index instead of Price Return Variant (PRI). The debt component of the index is TRI since inception.

*For Fund Manager experience, please refer page 68-70, Mr. Hiten Shah has been managing the fund since 03/10/2019. **Total Expense Ratio includes applicable B30 fee and GST. For last three dividends, please refer page no 71-73. For scheme performance, please refer page no 60-67.

Kotak Balanced Advantage Fund NAV as on , 2021: ̀ 13.052 (Dividend Option), ̀ 13.434 (Direct Dividend Option), ̀ 13.052 (Growth Option) ̀ 13.434 (Direct Growth Option)February 28


Since Inception 1 year 3,10,000 1,20,000

3,78,239 1,40,096 15.72 33.14

-0.74 0.30

4,06,941 1,58,761 3,81,662 1,39,921

21.85 66.33

16.47 32.84





Scheme Returns (%)NIFTY 50 Hybrid Composite Debt 50:50 Index Returns (%) AlphaNIFTY 50 Hybrid Composite Debt 50:50 Index ( )# `



Low High

Low

to

Moder

ate


High

Very H

ighLo

w

Investors understand that their principal will be at moderately high risk

12.18 11.70 8.44 7.41 6.39 6.25

5.39

4.74

4.55

4.33 28.62

Unrated Banks Government Dated Securities TREP & Term Deposits & Rev.Repo SoftwareDebentures and Bonds Finance Ferrous Metals Petroleum Products Transportation REST

13981.75

13634.6

14529.15

24.529.9

79.0

39.93

38.77

32.03

32.17

20.0

30.0

40.0

50.0

60.0

70.0

80.0

90.0

7000.008000.009000.00

10000.0011000.0012000.0013000.0014000.0015000.0016000.00

Nifty 50 Index Value (LHS)

K-BAF Net Equity (RHS)

Nifty 50 KBAF Net Equity

Aug-18

Oct-18

Nov-18

Jan-19

Feb-19

Mar-19

May-19

Jun-19

Jul-19

Sep-19

Oct-19

Nov-19

Jan-20

Feb-20

Mar-20

May-20

Jun-20

Jul-20

Sep-20

Oct-20

Nov-20

Jan-21

Feb-21

Portfolio Details % of Net AssetsNet Equity 32.07Arbitrage 27.74

Debt and Cash 40.19Total 100

7

An open-ended hybrid scheme investing predominantly in equityand equity related instruments

KOTAK EQUITY HYBRID FUND

Equity Derivative Exposuer is 2.66%Term Deposit as provided above is towards margin for derivatives transactions


Axis Bank Ltd. 1.75

Infosys Ltd. 4.92

Services Ltd. 2.87


Cipla Ltd. 1.26

Banks 15.42Equity & Equity related

HDFC Bank Ltd. 4.60State Bank Of India 2.11

Kotak Mahindra Bank Ltd. 1.22AU Small Finance Bank Ltd. 0.76Software 9.32

Tata Consultancy


Dr Reddys Laboratories Ltd. 1.78Cadila Healthcare Ltd 1.39

Sun PharmaceuticalsIndustries Ltd. 0.93Torrent Pharmaceuticals Ltd. 0.88Lupin Ltd. 0.56Cement 5.60JK Cement Ltd. 2.54The Ramco Cements Ltd 2.10Shree Cement Ltd. 0.96

Century Plyboards

Sheela Foam Ltd 1.84Dixon Technologies

(India) Ltd. 2.58




Emami Ltd. 1.06

Bharat Petroleum

Developers Ltd 1.31

V.S.T Tillers Tractors Ltd 1.03



Transportation 0.89

Chemicals 3.08

Gas 1.34

Construction 4.08





Company Ltd. 0.67



ITC Ltd. 1.20


Auto 3.07


Thermax Ltd. 2.88

Consumer




Non Durables 3.32


Mahindra Lifespace

India Ltd. 0.69

Galaxy Surfactants Ltd. 1.18


Finance 3.90HDFC Ltd. 2.21

HDFC Life Insurance

Maruti Suzuki India Limited 0.75Industrial Capital Goods 2.88


Company Limited 1.71Larsen And Toubro Ltd. 1.05


Pesticides 0.83

International Ltd. 0.72Power 0.66

Blue Dart Express Ltd. 0.89

P I Industries Ltd 0.83Fertilisers 0.72Coromandel


Textile Products 0.50Page Industries Ltd 0.50

Related - Total 79.21Mutual Fund Units

Real Estate Trust Construction 0.33Brookfield India



Real Estate Trust Construction 0.07Mutual Fund

Brookfield India

Equity & Equity

Ferrous Metals 0.30

Public Sector

4.7% Central Government SOV 0.37

Put Option - March 2021 0.08



Reliable Devices Trust


& Rural Development ( ) ICRA AAA 0.74

GS CG 23/12/2039 - (STRIPS) SOV 0.02

GS CG 23/6/2040 - (STRIPS) SOV 0.02


( Underlying customer

Triparty Repo 3.37

National Bank for Agriculture

Corporation Ltd. ( ) CRISIL AAA 0.73

Government Dated Securities Undertakings - Total 6.67


GS CG 23/6/2032 - (STRIPS) SOV 0.03

Futures Units - Total 0.40

Debt Instruments

Public Sector Undertakings


Reliance Retail ) ICRA AAA(SO) 0.12

Option


Punjab National Bank CRISIL AA+ 1.10

LIC Housing Finance Ltd. CRISIL AAA 0.04

Tata Projects Ltd. FITCH IND AA 0.15

Canara Bank ( ) CRISIL AA 1.83National Cooperative

Indian Bank ( ) CRISIL AA 0.81

Corporate Debt/

CNX NIFTY-MAR2021 -2.74

CNX NIFTY - 14500.000 -

Power Finance

Development Corporation ( ) CRISIL AA 1.46


GS CG 23/12/2030 - (STRIPS) SOV 0.04

GS CG 23/6/2030 - (STRIPS) SOV 0.04GS CG 23/12/2032 - (STRIPS) SOV 0.03

GS CG 23/12/2038 - (STRIPS) SOV 0.02

GS CG 23/12/2031 - (STRIPS) SOV 0.04

GS CG 23/12/2025 - (STRIPS) SOV 0.06


Government DatedSecurities - Total 8.79

Net Current Assets/

Grand Total 100.00(Liabilities) 1.17



21


Exit Load:





Half Yearly (25th of Mar/Sep)

Load Structure






Dividend Frequency

Investment objective of the scheme is to achieve growth by investing in equity and equity related instruments, balanced with income generation by investing in debt and money market instruments. However, there is no assurance that the objective of the scheme will be realized.

Ratios








• Investment in equity & equity related securities balanced with income generation by investing in debt & money.


Product Label

0.47

19.25%

$Sharpe##

$Standard Deviation

22.20%

1.28

Portfolio Turnover

$Beta

Fund Manager: Mr. Pankaj Tibrewal & Mr. Abhishek Bisen*

AAUM: `1,350.26 crs


Composite Debt

AUM: `1,350.90 crs

Folio count: 33,329

65:35 Index


PORTFOLIO

Investment style


Large

Medium

Small


Maturity


Low

Medium

High

Low High

Low

to

Moder

ate


High

Very H

ighLo

w


AAUM: `1,273.43 crs

Folio count: 33,577


65:35 Index $

Composite Debt

Fund Manager: Mr. Pankaj Tibrewal & Mr. Abhishek Bisen*

AUM: `1,282.84 crs


7

An open-ended hybrid scheme investing predominantly in equity and equity related instruments

KOTAK EQUITY HYBRID FUND

22


Scheme Inception : - November 03, 2014. 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 TRI - Total Return Index, In terms of SEBI circular dated January 4, 2018, the performance of the scheme is benchmarked to the Total Return variant (TRI) of the Benchmark Index instead of Price Return Variant (PRI).

(^) Fully or Party blocked against Interest Rate Swap (IRS) Hedging Position through Interest Rate Swaps as on 31 Jan 2021 is 1.98% of the net assets.Kotak Equity Hybrid Fund NAV as on February 28, 2021: ̀ 19.576 (Dividend Option), ̀ 22.585 (Direct Dividend Option), ̀ 33.31 (Growth Option) ̀ 36.844 (Direct Growth Option)






NIFTY 50 Hybrid Composite Debt 65:35 Index Returns (%)





Scheme Returns (%)

NIFTY 50 Hybrid Composite Debt 65:35 Index ( )#`

Alpha


7,60,000 6,00,000 3,60,000 1,20,000

12.67 13.86 16.79 42.35

14.00 15.70 19.47 66.33

11,39,702 8,48,052 4,60,674 1,45,399

Since Inception 5 years 3 year 1 year

12.91 14.33 20.54 65.06

11,48,406 8,58,024 4,85,484 1,58,066

0.24 0.48 3.75 22.71

11,89,180 8,87,303 4,78,297 1,58,761

Scheme Inception : - November 03, 2014. 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 TRI - Total Return Index, In terms of SEBI circular dated January 4, 2018, the performance of the scheme is benchmarked to the Total Return variant (TRI) of the Benchmark Index instead of Price Return Variant (PRI).Alpha is difference of scheme return with benchmark return.Kotak Equity Hybrid Fund NAV as on December 31, 2020: ̀ 18.1310 (Dividend Option), ̀ 20.8740 (Direct Dividend Option), ̀ 30.8510 (Growth Option) ̀ 34.0520 (Direct Growth Option)

For last three dividends, please refer page no 68-70. For scheme performance, please refer page no 57-64. $ With Effect from 1st November 2019, the Benchmark is changed to Nifty 50 Hybrid Composite Debt 65:35 Index from Nifty 50 Hybrid Composite Debt 70:30 Index.

*For Fund Manager experience, please refer page 65-67. ## Risk rate assumed to be 3.51% (FBIL Overnight MIBOR rate as on 31st December 2020).**Total Expense Ratio includes applicable B30 fee and GST.

15.42 9.32 8.79 6.98 6.80 5.60

5.11

4.48

4.41

4.22 28.87

Banks Software Government Dated Securities Debentures and Bonds Pharmaceuticals Cement

Consumer Durables Construction Petroleum Products Industrial Products REST

www.kotakmf.com/funds/hybrid-funds/Kotak-Equity-Savings-Fund/Reg-%20G



7

An open-ended scheme investing in equity, arbitrage and debt

KOTAK EQUITY SAVINGS FUND

Investment style


Large

Medium

Small

Maturity


Low

Medium

High

Fund Manager: Mr. Harish Krishnan

Mr. Abhishek Bisen*

AUM: `1,382.36 crs

Allotment date: October 13, 2014

Mr. Hiten Shah

AAUM: `1,379.06 crs

Benchmark: 75% NIFTY 50 ARBITRAGE + 25% Nifty 50 TRI

Folio count: 14,636

Product Label

This product is suitable for investors who are seeking*:• Income from arbitrage opportunities in the equity

market & long term capital growth• Investment predominantly in arbitrage opportunities in

the cash & derivatives segment of the equity market and equity & equity related securities




TERM DEPOSITS 1.07

Grand Total 100.00

Steel Authority of India Ltd. Ferrous Metals 2.77 -2.79

Vedanta Ltd. Non - Ferrous Metals 2.98 -2.99

CNX BANK INDEX-MAR2021 -2.95

Others 37.54 -17.34


Grasim Industries Ltd. Cement 8.31 -8.36



Equity & Equity Related - Total 73.19 -45.50

Triparty Repo 3.73

CNX NIFTY-MAR2021 -3.01

Debentures and Bonds 2.24

Reliance Industries Ltd. Petroleum Products 4.09

Infosys Ltd. Software 3.04

ICICI Bank Ltd. Banks 3.27

Debt Instruments

Adani Enterprises Ltd. Trading 8.03 -8.06


Top 10 Holdings



Dividend Frequency


The investment objective of the scheme is to generate capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and derivatives segment of the equity market, and enhance returns with a moderate exposure in equity & equity related instruments. There is no assurance or guarantee that the investment objective of the scheme will be achieved.

Options: Dividend Payout, Dividend ........Reinvestment & Growth (applicable for all plans)

Monthly (12th of every month) Quarterly (20th of March, June, September and December of every year)

Ratios


Minimum Investment AmountInitial Investment: `5000 and in multiple of `1 for purchase and for ̀ 0.01 for switchesAdditional Investment: `1000 & in .......multiples of `1 for purchase and for `0.01 for switchesIdeal Investments Horizon: 3 years & above

Load StructureEntry Load: Nil.Exit Load:a) For redemption / switch out of upto 8% of the initial investment amount (limit) purchased or switched in within 1 year from the date of allotment: Nil.b) If units redeemed or switched out are in excess of the limit within 1 year from the date of allotment: 1%c) If units are redeemed or switched out on or after 1 year from the date of allotment: NIL



0.53

8.49%

$Sharpe##

$Standard Deviation

1.50$Beta


*For Fund Manager experience, please refer page 68-70, Mr. Hiten Shah has been managing the fund since 03/10/2019. ## Risk rate assumed to be 3.47% (FBIL Overnight MIBOR rate as on 26th February 2021).**Total Expense Ratio includes applicable B30 fee and GST.For last three dividends, please refer page no 71-73. For scheme performance, please refer page no 60-67.


Kotak Equity Savings Fund NAV as on February 28, 2021: ̀ 16.699 (Growth Option), ̀ 12.3164 (Monthly Dividend Option), ̀ 12.2661 (Quarterly Dividend Option), `17.5152 (Direct Growth Option), ̀ 12.6832 (Direct Monthly Dividend Option), ̀ 12.356 (Direct Quarterly Dividend Option)


Scheme Inception : - October 13, 2014. 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




23

75% NIFTY 50 ARBITRAGE + 25% Nifty 50 ( )#`

CRISIL 10 Year Gilt Index (`)^

CRISIL 10 Year Gilt Index (%)


Scheme Returns (%)

75% NIFTY 50 ARBITRAGE + 25% Nifty 50 Returns (%)


Alpha

Monthly SIP of ( ) 10000` Since Inception 5 years 3 year 1 year

7,70,000 6,00,000 3,60,000 1,20,000

7.34 7.57 8.26 16.27

9,76,982 7,25,756 4,07,474 1,30,086

9,69,627 7,12,871 4,03,790 1,20,674

7.11 6.85 7.64 1.06

10,18,447 7,51,478 4,19,116 1,33,231

8.62 8.97 10.19 21.50

1.28 1.40 1.93 5.23

Low High

Low

to

Moder

ate


High

Very H

ighLo

w


17.54 12.11 8.98 8.03 6.56 6.07 5.644.80

4.114.00

22.16

Unrated Banks Cement Trading Finance Software Petroleum Products

TREP & Term Deposits & Rev.Repo Ferrous Metals Consumer Non Durables REST

Mr. Abhishek Bisen*

AAUM: `390.23 crs

Fund Manager: Mr. Devender Singhal &

Benchmark: CRISIL Hybrid 85+15 -

Conservative Index

Folio count: 7,413


AUM: `403.29 crs

Monthly (12th of every Month) Quarterly (20th of Mar/Jun/Sep/Dec)Ratios

$Source: ICRAMFI Explorer.

Investment ObjectiveThe investment objective of the scheme is to enhance returns over a portfolio of debt instruments with a moderate exposure in equity and equity related instruments. By investing in debt securities, the scheme will aim at generating regular returns, while enhancement of return is intended through investing in equity and equity related securities. The scheme may also use various derivative and hedging products from time to time, in the manner permitted by SEBI. There is no assurance that the investment objective of the schemes will be realised.Available Plans/OptionsA) Regular Plan B) Direct PlanOptions: Dividend Payout, Dividend ............Reinvestment & Growth (applicable for all plans)Dividend Frequency

Init ial Investment: ( i ) Dividend Re-investment & Growth and Dividend Payout (Quarterly) - `5000 & above (ii) Dividend Payout (Monthly) - `50,000 & above Additional Investment: ̀ 1000 & in multiples of ̀ 1

Load Structure

Exit Load: a) For redemption / switch out of upto 8% of the initial investment amount (limit) purchased or switched in within 1 year from the date of allotment: Nil.

Standard Deviation is calculated on Annualised basis using 3 years history of monthly returns. Minimum Investment Amount





Ideal Investments Horizon - 3 year & above

This product is suitable for investors who are seeking*:• Income & capital growth over a long term horizon• Investment in a portfolio of debt instruments with a

moderate exposure in equity & equity related instruments




Emami Ltd. 0.85

Godrej Consumer

Firstsource Solutions Ltd. 0.47


Non Durables 3.82ITC Ltd. 1.43



Mahindra Lifespace

Prataap Snacks Ltd 0.24

Consumer



Bharat Petroleum


Corporation Ltd. 0.69Hindustan Petroleum


Developers Ltd 0.38

Banks 3.38

KNR Constructions Ltd. 0.26


Axis Bank Ltd. 0.64Construction 0.89

Software 2.84Persistent Systems Limited 0.82Indiamart intermesh ltd. 0.67

Infosys Ltd. 0.34

Auto 1.58

Products Ltd. 0.27




Maruti Suzuki


RPSG Ventures Ltd. 0.15

India Limited 0.50




Ksb Ltd 0.54

Greenply Industries Ltd. 0.38


Sciences Ltd. 0.55

JK Cement Ltd. 0.27



Varroc Engineering Ltd. 0.42


Power 1.16

(India) Ltd. 0.57


Cement 0.77

Railtel Corporation

Century Plyboards


TELECOM 0.30

India Ltd. 0.20

SRF Ltd. 0.40

Tata Power Co. Ltd. 0.46



Subros Ltd. 0.45



Of India Ltd 0.30


Dixon Technologies


Solara Active Pharma





Public Sector


Corporation Ltd. CRISIL AAA 1.32

(Basel III TIER I Bonds) CRISIL AA 4.68


GS CG 23/12/2030 - (STRIPS) SOV 0.13

GS CG 23/12/2025 - (STRIPS) SOV 0.19

8.42% State

National Cooperative

Power Finance



GS CG 23/6/2030 - (STRIPS) SOV 0.14

Government-Tamil Nadu SOV 0.93

GS CG 23/6/2038 - (STRIPS) SOV 0.07


GS CG 23/12/2032 - (STRIPS) SOV 0.11

Canara Bank ( )(Basel III TIER I Bonds) CRISIL AA 6.13Power Finance

Securities - Total 52.74Government Dated

GS CG 23/12/2039 - (STRIPS) SOV 0.07

Undertakings


Development Corporation ( ) CRISIL AA 4.89

Government-Rajasthan SOV 1.328.27% State

Indian Bank ( )

GS CG 23/12/2038 - (STRIPS) SOV 0.07



GS CG 23/6/2039 - (STRIPS) SOV 0.07

GS CG 23/6/2040 - (STRIPS) SOV 0.06

& Rural Development ( ) ICRA AAA 2.47Punjab National Bank CRISIL AA+ 2.46


Corporation Ltd. CRISIL AAA 1.69National Thermal Power

Indian Railway Finance

Rural Electrification

Undertakings - Total 31.78Corporate Debt/Financial Institutions

NHPC Ltd. ICRA AAA 0.18

Hindalco Industries Ltd. CRISIL AA 0.18

Punjab National Bank FITCH AA(IND) 0.23

Corporate Debt/FinancialInstitutions - Total 0.18Triparty Repo 10.27Net Current Assets/(Liabilities) -21.40

Public Sector

Grand Total 100.00

Debt Instruments

Mahindra & MahindraFinancial Services Ltd. 0.20Equity & Equity

Finance 0.20

Related - Total 23.98Mutual Fund Units Brookfield IndiaReal Estate Trust Construction 2.45Mutual FundUnits - Total 2.45

Debentures and Bonds GovernmentDated Securities 6.22% Central Government SOV 23.50

An open-ended hybrid scheme investing predominantly indebt instruments

KOTAK DEBT HYBRID FUND

24



PORTFOLIO

Product Label


Investment style


Large

Medium

Small

Maturity


Low

Medium

High

Term Deposit as provided above is towards margin for derivatives transactions

Macaulay Duration

Modified Duration

Portfolio Yield

4.92 yrs

4.72 yrs

6.29%

$Standard Deviation 9.59%

Average Maturity 7.60 yrs

Low High

Low

to

Moder

ate


High

Very H

ighLo

w

Investors understand that their principal will be at high risk

An open-ended hybrid scheme investing predominantly in debt instruments

KOTAK DEBT HYBRID FUND

25

Scheme Inception : - December 02, 2003. 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.Alpha is difference of scheme return with benchmark return.Kotak Debt Hybrid Fund NAV as on February 28, 2021: ̀ 38.2895 (Growth Option), ̀ 41.7628 (Direct Growth Option), ̀ 12.6108 (Monthly Dividend), ̀ 13.2942 (Direct Monthly Dividend), ̀ 14.5368 (Quarterly Dividend), ̀ 15.479 (Direct Quarterly Dividend)*For Fund Manager experience, please refer page 68-70. ## Risk rate assumed to be 3.47% (FBIL Overnight MIBOR rate as on 26th February 2021).**Total Expense Ratio includes applicable B30 fee and GST. For last three dividends, please refer page no 71-73. For scheme performance, please refer page no 60-67.






Scheme Returns (%)

CRISIL Hybrid 85+15 - Conservative Index ( )#`

CRISIL 10 Year Gilt Index ( )^`

CRISIL Hybrid 85+15 - Conservative Index Returns (%)

Alpha

CRISIL 10 Year Gilt Index Returns (%)

20,70,000 12,00,000 8,40,000 6,00,000 3,60,000 1,20,000

6.79 7.35 7.32 6.86 7.65 1.25

38,54,777 17,50,795 10,89,101 7,12,887 4,03,848 1,20,790

8.63 9.73 9.55 9.84 12.47 21.67


9.03 9.74 9.68 9.74 11.03 11.83

47,93,286 19,85,430 11,84,361 7,65,965 4,24,255 1,27,374

46,08,647 19,84,781 11,79,241 7,67,844 4,33,210 1,33,323

-0.40 -0.01 -0.12 0.10 1.45 9.84

Term Deposit as provided above is towards margin for derivatives transactions

RATING PROFILE (%)


52.74 31.96 23.98 10.27 2.45-21.4

Government Dated Securities Debentures and Bonds Equities TREP & Term Deposits & Rev.Repo

Unrated

66.13 23.98 18.57 10.27 2.45-21.4

AAA, SOV Equities AA+, AA, AA(IND) TREP & Term Deposits & Rev.Repo Unrated Net Current Assets

Net Current Assets


This product is suitable for investors who are seeking*:• Income over a short term investment horizon• Investment in debt & money market securities having

maturity of one business day.


Daily, Weekly (Every Monday) (applicable for all plans)

A)Regular Plan B)Direct Plan

Additional Investment: `1000 & in multiples of `1 for purchase and for 0.01 for switches


Initial Investment: ̀ 5000 and in multiple of `1 for purchase and for ̀ 0.01 for switches

Ideal Investment Horizon: 1 days


Load Structure

The primary objective of the Scheme is to generate income through investment in debt & money market instruments having maturity of one business day (including CBLO (Tri-Party Repo), Reverse Repo and equivalent). However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.

Dividend Frequency

Entry Load: Nil. (applicable for all plans)Exit Load: Nil. (applicable for all plans)


Ratios

Regular: 0.20%; Direct:0.10%

0.00 yrs

KOTAK OVERNIGHT FUND

An open ended debt scheme investing in overnight securities

Product Label

Fund Manager: Mr. Deepak Agrawal*

AAUM: `7,439.04 crs

AUM: `6,426.54 crs

Benchmark: NIFTY 1D Rate index

Allotment date: January 15, 2019

Folio count: 4,570

PORTFOLIO

ALLOCATION (%)

RATING PROFILE (%)

Kotak Overnight Fund NAV as on 1: `1093.3316 (Growth Option), `1094.9867 (Direct Growth Option), `1004.7568 (Regular Daily Dividend), `1003.6055 (Direct Daily Dividend), `1067.259 (February 28, 202 Weekly Dividend)*For Fund Manager experience, please refer page 68-70. **Total Expense Ratio includes applicable B30 fee and GST. For scheme performance, please refer page no 60-67.


MaturityShort Medium Long Volatility

Low

Medium

High

Triparty Repo 99.49 Grand Total 100.00



Portfolio Yield 3.18%

Modified Duration

0.00 yrsAverage Maturity

Macaulay Duration 0.00 yrs


0.5199.49

TREP & Term Deposits & Rev.Repo Net Current Assets

Low High

Low

to

Moder

ate


High

Very H

ighLo

w


26

0.5199.49


Additional Investment: `500 and in multiples of `1 for purchases and of ̀ 0.01 for switches

Initial Investment: ̀ 500 and in multiple of ̀ 1 for purchases and of ̀ 0.01 for switches


$Source: ICRAMFI Explorer. Standard Deviation is calculated on Annualised basis using 3 years history of monthly returns.



Options: Dividend Payout,

The investment objective of the Scheme is to provide reasonable returns and high level of liquidity by investing in debt instruments such as bonds, debentures & Government Securities; and money market instruments such as treasury bills, commercial paper, certificate 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 call money/term money market in terms of RBI guidelines in this respect. 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. 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. There is no assurance that the investment objective of the Schemes will be realised.

Dividend Reinvestment & Growth

Daily, Weekly (Every Monday) (applicable for all plans)


(applicable for all plans)

Dividend Frequency

Ratios


Ideal Investment Horizon: 7 days to month


Commercial Paper(CP)/

Reliance Industries Ltd. CRISIL A1+ 9.19

Products Limited CRISIL A1+ 1.54

Certificate of Deposits(CD)

Muthoot Finance Ltd. CRISIL A1+ 1.80

Services Limited CRISIL A1+ 0.36

Adani Ports and Special

Securities - Total 2.49


Debt Instruments

Corporate Debt/


Tata Capital Financial

Sikka Ports & Terminals Ltd. CRISIL A1+ 1.26

Economic Zone Limited ICRA A1+ 1.99


Motilal Oswal Financial

Corporate Debt/

Government

Government Dated




Indus Towers Ltd. CRISIL A1+ 1.08

Birla Group Holding

Dated Securities

IDFC First Bank Limited CRISIL A1+ 1.80

HDFC Ltd. CRISIL A1+ 3.87

Management Ltd. CRISIL A1+ 0.72

Private Limited CRISIL A1+ 0.54

AXIS Finance Ltd. CRISIL A1+ 1.08

Bajaj Finance Ltd. CRISIL A1+ 1.63JM Financial

Bandhan Bank Limited ICRA A1+ 1.08

Money Market Instruments

Services Limited ICRA AAA 0.10



IIFL Wealth

JM Financial Capital Ltd. CRISIL A1+ 0.63

Dalmia Cement (Bharat) Ltd CRISIL A1+ 0.36

Sharekhan BNP ParibasFinancial Services Pvt. Ltd. ICRA A1+ 0.36Tata Power Company Ltd. CRISIL A1+ 0.29Cholamandalam Investmentand Finance Company Ltd. CRISIL A1+ 0.18

(India) Pvt. Ltd CRISIL A1+ 0.18Corporate Debt/FinancialInstitutions - Total 33.56Public Sector Undertakings

Julius Baer Capital

National Thermal PowerCorporation Ltd. CRISIL A1+ 8.87Indian Railway FinanceCorporation Ltd. CRISIL A1+ 2.44Mangalore Refinery andPetrochemicals Ltd. ICRA A1+ 2.35

Corporation Ltd. CRISIL A1+ 2.17National Bank for Agriculture& Rural Development ICRA A1+ 1.62

Chennai Petroleum

National Fertilizers Ltd. ICRA A1+ 1.09

Undertakings - Total 20.71

Triparty Repo 18.63

Treasury Bills 91 Days Treasury

PNB Gilts Ltd. CRISIL A1+ 0.72

182 Days Treasury

Public Sector

Bill 18/03/2021 SOV 0.45

364 Days Treasury

(Liabilities) 0.17

91 Days TreasuryBill 08/04/2021 SOV 4.67

Lignite Corporation Ltd.) CARE A1+ 1.09

182 Days Treasury

182 Days Treasury

Bill 29/04/2021 SOV 0.36

Treasury Bills - Total 24.34

& Rural Development CRISIL A1+ 0.36

364 Days Treasury

Bill 18/03/2021 SOV 4.07

Grand Total 100.00

Bill 15/04/2021 SOV 3.25

Bill 01/04/2021 SOV 9.58

NLC India Ltd. (Neyveli


364 Days Treasury

Bill 11/03/2021 SOV 0.91

Bill 04/03/2021 SOV 0.72

91 Days Treasury

Bill 18/03/2021 SOV 0.33

Net Current Assets/

KOTAK LIQUID FUNDMaturityShort Medium Long Volatility

Low

Medium

High



PORTFOLIO

ALLOCATION (%)

RATING PROFILE (%)

*For Fund Manager experience, please refer page 68-70. **Total Expense Ratio includes applicable B30 fee and GST. For scheme performance, please refer page no 60-67.

Kotak Liquid Fund NAV as on February 28, 2021: `4129.1449 (Growth Option), `4146.918 (Direct Growth Option), `1000.6376 (Weekly Dividend), `1005.6172 (Direct Weekly Dividend), ̀ 1222.81 (Daily Dividend), ̀ 1222.81 (Direct Daily Dividend)

An open-ended liquid scheme


27


Exit Load Structure1. Exit load shall applicable be as per the graded basis asspecified below:

Any exit load charged (net off Goods and Services tax, if any) shall be credited back to the Scheme. Units issued on reinvestment of dividends shall not be subject to entry and exit load.2. The revised exit load shall be effective for all fresh investments

4. Applicability of revised exit load on redemption /switch-out of units would be done on First in First out Basis (’FIFO’).

3. The revised load structure will be applicable for Insta Redemption facility as per the applicable circular.

Investor exit uponsubscription

Exit load as a % ofredemption proceeds

Day 7 onwards 0.0000%


Benchmark: Nifty Liquid Index

November 4, 2003Allotment date:

55,191Folio count:

AAUM: `28,971.46 crs

AUM: `23,668.04 crs

Average Maturity

Modified Duration

Portfolio Yield

0.07 yrs

0.07 yrs

3.28%

• Investment in debt & money market securities• Income over a short term investment horizon



Macaulay Duration 0.07 yrs$Standard Deviation 0.32%

Product Label

Exit Load Structurewith effect from October 20, 2019.

Day 1 0.0070%Day 2 0.0065%Day 3 0.0060%Day 4 0.0055%Day 5 0.0050%Day 6 0.0045%

Low High

Low

to

Moder

ate


High

Very H

ighLo

w

Investors understand that their principal will be at low to moderate risk

54.27 24.34 18.63 2.490.17

0.10

Commercial Paper (CP)/Certificate of Deposits (CD) Treasury Bills TREP & Term Deposits & Rev.Repo

Government Dated Securities Net Current Assets Debentures and Bonds

81.2 18.63 0.17

A1+, AAA, SOV TREP & Term Deposits & Rev.Repo Net Current Assets

Options: Dividend Payout (w.e.f May 15, 2017, Under Monthly Dividned option only), Dividend Reinvestment & Growth (applicable for all plans

Daily, Weekly (Every Monday) and Monthly (12th of every Month)



Load Structure


Additional Investment: ̀ 1000 & in multiples of ̀ 1

Exit Load: Nil (applicable for all plans)

Dividend Frequency

Minimum Investment AmountInitial Investment: `5000 Under growth, weekly dividend and monthly dividend option & `1,00,000 under Daily Dividend Reinvestment option,



Ideal Investment Horizon: 3-6 Months

Ratios

Investment ObjectiveThe investment objective of the Scheme is to generate returns by investing in money market instruments having maturity upto 1 year. There is no assurance that the investment objective of the Scheme will be realised.


• Income over a short term investment horizon• Investment in money market securities



Average Maturity

Modified Duration

Portfolio Yield

0.29 yrs

0.29 yrs

3.73%

LIC Housing Finance Ltd. CRISIL A1+ 7.09


8.15% State


Corporate Debt/Financial Institutions



Adani Ports and SpecialEconomic Zone Limited ICRA A1+ 4.63HDFC Ltd. CRISIL A1+ 4.08Hindustan Zinc Ltd. CRISIL A1+ 3.58Hero FinCorp Ltd. CRISIL A1+ 3.00



Reliance Retail Ventures Ltd CRISIL A1+ 2.57

8.36% State

Government Dated Securities

Corporate Debt/

Government-Madhya Pradesh SOV 4.13

Financial Institutions Reliance Industries Ltd. CRISIL A1+ 7.44

Government Dated7.94% Central Government SOV 0.65

Debt Instruments

Government-Rajasthan SOV 1.47

ICICI Securities Limited CRISIL A1+ 1.02

Bharti Airtel Ltd. CRISIL A1+ 2.29

Private Limited CRISIL A1+ 1.54

Manappuram Finance Ltd. CRISIL A1+ 1.03

Bahadur Chand Investments

Bharti Hexacom Ltd. CRISIL A1+ 2.01

Birla Group HoldingBajaj Housing Finance Ltd. CRISIL A1+ 1.97

IndusInd Bank Ltd. CRISIL A1+ 1.29

Can Fin Homes Ltd. ICRA A1+ 2.02

AU Small Finance Bank Ltd. CRISIL A1+ 1.98

AXIS Bank Ltd. CRISIL A1+ 2.11

Investment & Loan India Ltd. CRISIL A1+ 1.52

Godrej Properties Limited CRISIL A1+ 1.52

JM Financial Products Limited CRISIL A1+ 1.23

Larsen and Toubro Ltd. CRISIL A1+ 2.03

Standard Chartered

Private Limited ICRA A1+ 1.26

Deutsche Investments



Network18 Media &


& Rural Development FITCH IND A1+ 5.10

India Pvt. Ltd. CRISIL A1+ 0.26

Small Industries Development


Daimler Financial

Investments Ltd. CRISIL A1+ 0.51



Bank Of India CARE A1+ 3.09

Loan (India) Ltd. CRISIL A1+ 0.93



Services India CRISIL A1+ 0.99Barclays Investments &


Bill 18/03/2021 SOV 0.51

Treasury Bills

(Liabilities) 1.12

Bill 27/05/2021 SOV 1.53

National Bank for Agriculture &

Power Finance Corporation Ltd. CRISIL A1+ 0.76Rural Development FITCH A1+(IND) 0.94

Treasury Bills - Total 6.00Triparty Repo 4.54

Grand Total 100.00

Corporation Ltd. CRISIL A1+ 1.52




Public Sector

182 Days Treasury


Net Current Assets/

& Rural Development ICRA A1+ 2.55National Thermal Power

364 Days Treasury

28


Folio count: 11,944

Index

Benchmark: Nifty Money Market

AAUM: `9,618.65 crs

AUM: `8,612.30 crs


KOTAK MONEY MARKET FUNDMaturityShort Medium Long Volatility

Low

Medium

HighAn open-ended debt scheme investing in money market instruments

Product Label



PORTFOLIO

Scheme Inception : - July 14, 2003. 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.

Alpha is difference of scheme return with benchmark return.Kotak Money Market Fund NAV as on February 28, 2021: ̀ 3453.6335 (Growth Option), ̀ 3470.1117 (Direct Growth Option), ̀ 1024.7347 (Weekly Dividend), ̀ 1022.2848 (Direct Weekly Dividend), ̀ 1033.7937 (Monthly Dividend), ̀ 1015.9242 (Direct Monthly Dividend), ̀ 1021.9578 (Daily Dividend), ̀ 1039.079 (Direct Daily Dividend)

# Benchmark ; ̂ Additional Benchmark.

*For Fund Manager experience, please refer page 68-70. **Total Expense Ratio includes applicable B30 fee and GST. For scheme performance, please refer page no 60-67. For last three dividends, please refer page no 71-73.






Nifty Money Market Index ( )#`

CRISIL 1 Year T-Bill Index Returns (%)


CRISIL 1 Year T-Bill Index ( )^`

Nifty Money Market Index Returns (%)

Scheme Returns (%)



Alpha

38,84,755 17,04,233 10,61,529 7,03,884 3,94,728 1,22,521

6.46 6.83 6.60 6.35 6.11 4.00


-0.07 0.24 0.35 0.46 0.54 0.34

43,29,522 17,61,754 10,75,550 7,09,468 3,95,322 1,22,736

7.55 7.47 6.97 6.66 6.21 4.34

7.62 7.23 6.62 6.20 5.67 4.00

43,58,581 17,39,732 10,62,267 7,01,327 3,92,140 1,22,524

21,20,000 12,00,000 8,40,000 6,00,000 3,60,000 1,20,000

ALLOCATION (%)

RATING PROFILE (%)

Low High

Low

to

Moder

ate


High

Very H

ighLo

w

Investors understand that their principal will be at moderate risk

74.81 11.42 6.00 4.54 2.111.12

Commercial Paper (CP)/Certificate of Deposits (CD) Government Dated Securities Treasury Bills

TREP & Term Deposits & Rev.Repo Debentures and Bonds

94.34 4.54 1.12

A1+, A1+(IND), AAA, IND A1+, SOV TREP & Term Deposits & Rev.Repo Net Current Assets



Investment ObjectiveThe investment objective of the Scheme is to generate returns through investments in debt and money market instruments with a view to reduce the interest rate risk. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.

Dividend Frequency


Daily, Monthly (12th of every Month) and Weekly (Every Monday)

Ratios


Minimum Investment AmountInit ial Investment: ( i ) Dividend Re-investment & Growth- `5000 & above (ii) Dividend Payout (Weekly) - ̀ 1,00,00,000 & aboveAdditional Investment: ̀ 1000 & in multiples of ̀ 1Ideal Investment Horizon: 3-6 months

Load StructureEntry Load: Nil. (applicable for all plans)Exit Load: Nil (applicable for all plans)



• Income over a short term investment horizonThis product is suitable for investors who are seeking*:

• Investment in debt & money market securities with portfolio Macaulay duration between 3 months & 6 months


Government Dated


Government(^) SOV 1.94

Government

Debt Instruments

Dated Securities

5.09% Central



(Underlying customer

Undertakings

Services Limited CRISIL AAA 0.53

Sikka Ports & Terminals Ltd.


Power Finance


Services Ltd.(^) CRISIL AAA 0.86

Bharti Telecom Ltd.(^) CRISIL AA+ 5.81

Food Corporation of India CRISIL AAA(CE) 0.03

Muthoot Finance Ltd.(^) ICRA AA 0.96

LIC Housing Finance Ltd.(^) CRISIL AAA 0.86

Rent A Device Trust


Public Sector

HDFC Ltd.(^) CRISIL AAA 6.42


Bank Of India(^) CARE AAA 0.42


Bajaj Finance Ltd.(^) CRISIL AAA 2.75


Public Sector


Corporate Debt/

Aditya Birla Finance Ltd. ICRA AAA 1.00

Nabha Power Ltd. ( backed

Reliance Industries Ltd. CRISIL AAA 0.90

irrevocable guarantee by

HDB Financial

Bajaj Housing

Finance Ltd. ( ) (^) CRISIL AAA 0.83

LIC Housing Finance Ltd. ( ) CRISIL AAA 0.21

ICICI Home Finance


by unconditional and




(Underlying customer

Larsen & Toubro Ltd ) ICRA AAA(CE) 0.89

Company Limited CRISIL AAA 0.21

( Mukesh Ambani Group ) CRISIL AAA 0.19

Bharti Airtel Ltd. CRISIL AA 0.02

Manappuram Finance Ltd. CRISIL AA 0.17

Muthoot Finance Ltd.(^) CRISIL AA+ 1.69




Treasury Bills

182 Days Treasury

Bill 06/05/2021 SOV 2.91

Bill 01/04/2021 SOV 2.40

Bill 03/06/2021 SOV 13.19

364 Days Treasury

Bill 13/05/2021 SOV 1.66

182 Days Treasury

Bill 27/05/2021 SOV 1.66

364 Days Treasury

182 Days Treasury


Bill 07/05/2021 SOV 1.60


91 Days Treasury

364 Days Treasury

Bill 29/04/2021 SOV 0.73


Net Current Assets/

Services India CRISIL A1+ 0.80

Corporation Ltd. CRISIL A1+ 1.03


Public Sector

and Finance Company Ltd. CRISIL A1+ 2.89

Deutsche Investments

Development ICRA A1+ 3.31

(Liabilities) 1.31

National Bank for


Corporate Debt/


Hindustan Zinc Ltd. CRISIL A1+ 3.74


Agriculture & Rural

Daimler Financial




Cholamandalam Investment

Power Finance



India Pvt. Ltd. CRISIL A1+ 0.21

Undertakings

Public Sector



Triparty Repo 4.37

Reliance Industries Ltd. CRISIL A1+ 3.52

& Rural Development FITCH IND A1+ 3.30


Grand Total 100.00

Average Maturity

Modified Duration

Portfolio Yield

0.35 yrs

0.33 yrs

3.78%

29

KOTAK SAVINGS FUNDMaturityShort Medium Long Volatility

Low

Medium

HighAn open-ended ultra-short term debt scheme investing in instruments such that themacaulay duration of the portfolio is between 3 months and 6 months

AAUM: `12,094.64 crs

Benchmark: NIFTY Ultra Short


Folio count: 42,310

AUM: `11,990.52 crs


Duration Debt Index

Product Label



PORTFOLIO




Low High

Low

to

Moder

ate


High

Very H

ighLo

w


30

KOTAK SAVINGS FUND

An open-ended ultra-short term debt scheme investing in instruments such that the macaulay duration of the portfolio is between 3 months and 6 months



Kotak Savings Fund NAV as on February 28, 2021: ̀ 10.0815 (Daily Dividend Option), ̀ 10.587 (Daily Dividend - Direct), ̀ 33.6128 (Growth Option), ̀ 10.7253 (Monthly Dividend Option), ̀ 10.5126 (Weekly Dividend Option), `15.6161 (Monthly Dividend - Direct), ̀ 10.5967 (Weekly Dividend - Direct), ̀ 34.5488 (Growth - Direct Option)

(^) Fully or Party blocked against Interest Rate Swap (IRS) Hedging Position through Interest Rate Swaps as on 28 Feb 2021 is 11.05% of the net assets.

Scheme Inception : - August 13, 2004. 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.






Nifty Ultra Short Duration Debt Index Returns (%)


Scheme Returns (%)

Alpha


Nifty Ultra Short Duration Debt Index ( )#`

35,27,052 17,04,178 10,61,529 7,03,884 3,94,728 1,22,521

-0.30 -0.12 -0.08 -0.07 0.12 1.36

7.72 7.48 6.96 6.59 6.16 4.26

19,90,000 12,00,000 8,40,000 6,00,000 3,60,000 1,20,000

40,45,691 17,74,288 10,78,244 7,09,397 3,94,283 1,21,833

6.53 6.83 6.60 6.35 6.11 4.00

39,33,762 17,62,787 10,75,019 7,08,092 3,95,000 1,22,686

8.02 7.60 7.04 6.66 6.03 2.90


ALLOCATION (%)

RATING PROFILE (%)

33.25 31.3 24.15 5.624.37

1.31

Debentures and Bonds Commercial Paper (CP)/Certificate of Deposits (CD) Treasury Bills

Government Dated Securities TREP & Term Deposits & Rev.Repo Net Current Assets

85.5 8.82 4.37 1.31

A1+, AAA, AAA(CE), AAA(SO), IND A1+, SOV AA+, AA, IND AA, IND AA(CE)


Ideal Investment Horizon: 6-9 months

Exit Load: Nil.


Load StructureEntry Load: Nil.

Additional Investment: ̀ 1000 & in multiples of `1 for purchase and for `0.01 for switches.

Any exit load charged (net off Service Tax, if any) shall be credited back to the Scheme;

Dividend Frequency

Ratios


A) Regular B) Direct Plan

The primary objective of the Scheme is to generate income through investment primarily in low duration debt & money market securities. There is no assurance or guarantee that the investment objective of the scheme will be achieved.


Minimum Investment AmountInitial Investment: `5000 and in multiple of `1 for purchase and for ̀ 0.01 for switches


Weekly (every Monday), Monthly (12th of every month)

Options: Dividend Payout, Dividend ..........Reinvestment & Growth (dividend payout is available under monthly dividend only) (applicable for all plans)

Average Maturity

Modified Duration

Portfolio Yield

1.23 yrs

0.75 yrs

4.58%

• Income by focussing on low duration securities with portfolio Macaulay duration between 6 months and 12 months



• Regular Income over short term

Corporate Debt/

Punjab & Sind Bank(Basel III TIER I Bonds) ICRA A- 0.47Canara Bank ( )(Basel III TIER I Bonds) FITCH AA(IND) 0.41

Canara Bank

(Basel III TIER I Bonds) CRISIL AA+ 0.37

(Basel III TIER I Bonds) CARE AA- 0.13

Corporation Ltd.(^) CRISIL AAA 0.93

U P Power Corporation Ltd




Government Dated

Union Bank of India CRISIL AA+ 0.55Bank Of Baroda ( )


Food Corporation of India CRISIL AAA(CE) 0.19


Canara Bank ( )


(Basel III TIER II Bonds) CRISIL AAA 1.86

(Basel III TIER I Bonds) CARE AA 0.14Union Bank of India

State Government) CRISIL A+(CE) 0.07

Bank Of India CARE AAA 0.05Public Sector

State Bank Of India.

(Guaranteed By UP

(Basel III TIER II Bonds) CRISIL AA+ 0.72



Rural Development ( ) ICRA AAA 1.45

Punjab National Bank


State Bank Of India.


Power Finance

guarantee by Larsen &

HDFC Ltd. CRISIL AAA 6.07Financial Institutions

Embassy Office Parks Reit CRISIL AAA 1.68

Toubro Ltd ) (^) ICRA AAA(CE) 3.21

Company Ltd.(^) CRISIL AAA 1.49

Manappuram Finance Ltd.(^) CRISIL AA 1.33Kotak Mahindra Prime Ltd. CRISIL AAA 1.26

Sundaram Finance Ltd. CRISIL AAA 2.58

L & T Infrastructure Finance

Tata Steel Ltd. CARE AA- 2.19

unconditional and irrevocableNabha Power Ltd. ( backed by

Muthoot Finance Ltd. ICRA AA 1.43

8.00% State

7.93% State


Government(^)-Haryana SOV 2.81

3.36% Central Government SOV 1.474.70% Central Government SOV 1.52


Government(^)-Chattisgarh SOV 0.77


8.39% State

GS CG15/062022 - (STRIPS) SOV 0.14GS CG 15/12/2021 - (STRIPS) SOV 0.14


8.21% State


5.62% State

Debt Instruments

GS CG 15/06/2021 - (STRIPS) SOV 0.14

Government-Orissa SOV 0.13

LIC Housing Finance Ltd. ( ) CRISIL AAA 1.11Sikka Ports & Terminals Ltd.

LIC Housing Finance Ltd.(^) CRISIL AAA 0.93EMBASSY OFFICE PARKS REIT ( ) CRISIL AAA 0.90Reliance Industries Ltd.(^) CRISIL AAA 0.75


Oberoi Realty Limited ( ) CARE AA+ 0.75Indostar CapitalFinance Limited ( ) CARE AA- 0.73

Bharti Telecom Ltd.(^) CRISIL AA+ 0.95

HDB Financial Services Ltd. CRISIL AAA 1.01Tata Steel Ltd. CARE AA 0.97



Power Finance Corporation Ltd. CRISIL A1+ 0.36

Trust Series - 07) CRISIL AAA(SO) 0.26

182 Days Treasury Bill 06/05/2021 SOV 7.32

Hindustan Zinc Ltd. ( ) CRISIL AAA 0.72Tata Projects Ltd.(^) FITCH IND AA 0.70First Business Receivables Trust

Power Co. Ltd ) (^) CARE AA(CE) 0.53

MOBIL TRUST SERIES-07



Godrej Properties Limited ICRA AA 0.33

India Grid Trust ( ) CRISIL AAA 0.52



Mindspace Business Parks REIT ( ) CRISIL AAA 0.72


Coastal Gujarat Power Ltd.(Originator Reliance Industries Ltd) CRISIL AAA(SO) 0.60

Private Limited ICRA AA 0.73

PTC 20-11-2021 (C)(Mobil

Aditya Birla Finance Ltd. ICRA AAA 0.11MOBIL TRUST SERIES-08 PTC

Bahadur Chand Investments



Phoenix ARC Pvt Ltd ( ) CRISIL AA 0.36

20-11-2021-(C)(Mobil Trust



( Guarenteed by TATA


National Bank for Agriculture &Rural Development CRISIL A1+ 3.60


Bajaj Finance Ltd. CRISIL AAA 0.53

Series - 08) CRISIL AAA(SO) 0.08

Treasury Bills

Rural Development ICRA A1+ 2.15

Public Sector Undertakings - Total 6.11

Reliance Industries Ltd. CRISIL A1+ 3.44IIFL Facilities Services Limited CRISIL A1+ 1.45

Reliance Retail Ventures Ltd CRISIL A1+ 0.73Muthoot Finance Ltd. CRISIL A1+ 0.73

JM Financial Products Limited CRISIL A1+ 0.51Manappuram Finance Ltd. CRISIL A1+ 0.18Corporate Debt/Financial

Triparty Repo 9.94Net Current Assets/(Liabilities) 1.65Grand Total 100.00

Hindustan Zinc Ltd. CRISIL A1+ 1.07


Corporate Debt/


Bajaj Housing Finance Ltd. CRISIL A1+ 0.70


Daimler Financial Services India CRISIL A1+ 0.73

31


Low

Medium

High

KOTAK LOW DURATION FUND

Product Label


AAUM: `12,497.85 crs

AUM: `13,760.93 crs

Benchmark: NIFTY Low Duration Debt Index



An open ended low duration debt scheme investing in instruments such thatthe Macaulay duration of the portfolio is between 6 months and 12 months



PORTFOLIO




Low High

Low

to

Moder

ate


High

Very H

ighLo

w


ALLOCATION (%)

RATING PROFILE (%)

KOTAK LOW DURATION FUND

An open ended low duration debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 6 months and 12 months

Scheme Inception : - March 06, 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 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.Alpha is difference of scheme return with benchmark return.(^) Fully or Party blocked against Interest Rate Swap (IRS) Hedging Position through Interest Rate Swaps as on 28 Feb 2021 is 13.44% of the net assets.Kotak Low Duration Fund NAV as on ̀ 2618.3273 (Regular Plan-Growth Option), ̀ 1014.5122 (Regular Plan-Weekly Dividend), ̀ 1023.9188 (Regular Plan-Monthly Dividend), ̀ 2761.6265 (Direct Plan- February 28, 2021:Growth Option), ̀ 1199.0912 (Direct Plan- Weekly Dividend), ̀ 1190.8344 (Direct Plan- Monthly Dividend)*For Fund Manager experience, please refer page 68-70. **Total Expense Ratio includes applicable B30 fee and GST. For scheme performance, please refer page no 60-67. For last three dividends, please refer page no 71-73.




Scheme Returns (%)

Alpha


Nifty Low Duration Debt Index ( )#`




Nifty Low Duration Debt Index Returns (%)

26,74,301 17,84,717 10,87,201 7,15,373 3,98,515 1,23,203

0.08 0.28 0.43 0.40 0.51 0.42

24,56,150 17,04,178 10,61,529 7,03,884 3,94,728 1,22,521

26,90,328 18,10,770 11,03,997 7,22,547 4,01,511 1,23,463

6.71 6.83 6.60 6.35 6.11 4.00

15,60,000 12,00,000 8,40,000 6,00,000 3,60,000 1,20,000

7.93 7.71 7.27 6.99 6.75 5.09


8.01 7.99 7.70 7.39 7.26 5.51

32

47.37 16.54 14.98 9.94 9.52 1.65

Debentures and Bonds Commercial Paper (CP)/Certificate of Deposits (CD) Treasury Bills

TREP & Term Deposits & Rev.Repo Government Dated Securities Net Current Assets

73.31 14.56 9.94 1.65 0.54

A1+, AAA, AAA(CE), AAA(SO), SOV AA+, AA, AA(CE), AA(IND), IND AA, AA-

TREP & Term Deposits & Rev.Repo Net Current Assets A+(CE), A-

$Source: KMIS & ICRAMFI Explorer. Standard Deviation is calculated on Annualised basis using 3 years history of monthly returns.

Monthly Dividend Option-12th of every month


Dividend Frequency

Entry Load: Nil (Applicable for All Plans)

Ideal Investment Horizon: 2 year & above

A) Regular B) Direct Plan


Weekly Dividend Option-Every Monday

The primary objective of the Scheme is to generate income through investment primarily in floating rate debt instruments, fixed rate debt instruments swapped for floating rate returns and money market instruments. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved


Options: Growth, Dividend Payout and Dividend Reinvestment.


Ratios

Initial Purchase: ̀ 5000 and in multiple of ̀ 1 for purchase and for ̀ 0.01 for switchesAdditional Purchase: `1000 & in multiples of `1 for purchase and for `0.01 for switches.

Load Structure

Exit Load: Nil (Applicable for All Plans)


Modified Duration

Portfolio Yield

2.82 yrs

6.07%

This product is suitable for investors who are seeking*:• Income over a short term investment horizon• Investment in debt & money market securities having

maturity of one business day* Investors should consult their financial advisors if in doubt about whether the product is suitable for them.



Government Dated


Bank Of Baroda(^)

7.82% State



& Rural Development ( ) (^) ICRA AAA 3.46National Bank for Agriculture

Indian Oil Corporation Ltd.(^) CRISIL AAA 3.40

Indian Bank(^)

(Basel III TIER II Bonds) FITCH AAA(IND) 2.08

7.93% State

(Basel III TIER II Bonds) FITCH IND AAA 3.53



Government(^)-Assam SOV 2.338.50% State


Power Finance


5.80% State


Canara Bank(^)


ONGC Petro Additions Ltd.(^) ICRA AAA(CE) 3.44


State Bank Of India.(^)

Government-Punjab SOV 0.75


(Basel III TIER II Bonds) FITCH IND AA+ 3.52


Dated Securities 6.18% Central Government SOV 5.59

Debt Instruments Debentures and Bonds Government Export-Import Bank of India(^) CRISIL AAA 0.58





Power Private Limited

ICICI Bank Ltd.

Corporation Ltd. ( ) (^) CRISIL AAA 0.59

National Bank for Agriculture &Rural Development(^) CRISIL AAA 0.46Indian Railway Finance

Bank Of Baroda

Public Sector

Corporate Debt/Financial Institutions HDFC Ltd.(^) CRISIL AAA 8.26AXIS Bank Ltd.(^) CRISIL AAA 3.41Jamnagar Utilities &

( Mukesh Ambani Group ) (^) CRISIL AAA 4.95

(Basel III TIER I Bonds) CRISIL AA+ 3.92LIC Housing Finance Ltd.(^) CRISIL AAA 2.98Reliance Industries Ltd.(^) CRISIL AAA 2.57LIC Housing Finance Ltd. ( ) (^) CRISIL AAA 2.46LIC Housing Finance Ltd. ( ) (^) CARE AAA 1.84HDB Financial Services Ltd. CRISIL AAA 0.02Corporate Debt/Financial

Money Market Instruments Institutions - Total 30.41

Commercial Paper(CP)/Certificate of Deposits(CD) Corporate Debt/

Grand Total 100.00

Corporate Debt/FinancialAXIS Bank Ltd. CRISIL A1+ 2.89

(Liabilities) 3.19Net Current Assets/



33


Low

Medium

High

KOTAK FLOATING RATE FUND

Product Label


AAUM: `4,505.34 crs


Folio count: 3,822

Benchmark: NIFTY Ultra Short Duration Debt Index

AUM: `4,320.18 crs

An open ended debt scheme predominantly investing in floating rate instruments.



PORTFOLIO

ALLOCATION (%)

RATING PROFILE (%)

Scheme Inception : - May 14, 2019. 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. Alpha is difference of scheme return with benchmark return.

Kotak Floating Rate Fund NAV as on `1142.8637 (Growth Option), `1061.8907 (Weekly Dividend), `1067.6364 (Dividend Option), February 28, 2021: `1149.6356 (Direct Growth Option), ̀ 1053.758 (Direct dividend)*For Fund Manager experience, please refer page 68-70. **Total Expense Ratio includes applicable B30 fee and GST. For scheme performance, please refer page no 60-67. For last three dividends, please refer page no 71-73.








Scheme Returns (%)


Nifty Ultra Short Duration Debt Index Returns (%)

Alpha

Nifty Ultra Short Duration Debt Index ( )#`



4.84 2.90

2,20,000 1,20,000

2,30,376 1,20,790

4.96 1.25

2.48 2.93

2,35,350 1,23,666


2,30,117 1,21,833

7.32 5.83



Low High

Low

to

Moder

ate


High

Very H

ighLo

w


75.95 20.86 3.19

Debentures and Bonds Government Dated Securities Net Current Assets

85.89 10.92 3.19

AAA, AAA(CE), AAA(IND), IND AAA, SOV AA+, IND AA+ Net Current Assets

0.77

N/A: Field not applicable to the scheme owing to its investment theme. Risk Factor: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Continuous offer of units of all schemes available at NAV based prices.

DEBT + CASH

LARGECAP

SMALLCAP

MIDCAPDetails provided are as on Feb 28th, 2021. Ratio Source: ICRA MFI Explorer. Risk free rate assumed to be 3.47% . Alpha = Difference between Scheme returns & Benchmark Index TRI of the scheme. In terms of SEBI circular dated January 4, 2018, the performance of the scheme is benchmarked to the Total Return variant (TRI) of the Benchmark Index instead of Price Return Variant (PRI). * The given market cap data is on the basis of new AMFI guidelines wherein Stocks are categorised as per given AMFI list "For Tax Saver Fund : Minimum Initial Investment: 500. Additional Investment: 500 & inmultiples of 500. For all other Equity Schemes : Minimum Initial Investment: 5000. Additional Investment: 1000 & inmultiples of 1" ^Total Expense Ratio is of Regular Plan

Equity Funds Ready Reckoner

Key FeaturesInvestment Theme

a. Identifies ""flow related"" companies - These benefit from spending from government, private and household (in terms of properties). They are not asset owners.b. Focus on high quality companies exhibiting superior ROE, positive cash flow, low leverage in an otherwise challenging environment

Fund Manager

Mr. Abhishek

Bisen,Mr. HarishKrishnan

&Mr.Hiten

Shah

Scheme Name

AUM

(Rs. Crs)as on 28th Feb 2021

BenchmarkMcap (%) /

Asset Allocation(%)

Underweight Beta

Nifty 200 TRI

Overweight Standard Deviation

(%)

Sharpe

10,431.20

54.9437.75

6.031.28

0.161.04 27.41 2.43

Kotak Small Cap Fund

4.6428.5463.79

3.02

Mr. Harish Krishnan

India Infrastructure

Index (Customised

Index by IISL)

327.51

29.8836.1930.30 3.63

1. Industrial Manufacturing2. Construction3. Chemicals

1. Financial Services2. Telecom3. Energy

Product Positioning

Kotak Equity Opportunities Fund

Large and Midcap

Identifies investment opportunities across market capitalisation and sectors Mr. Harsha Upadhyaya

Nifty 200 TRI 5,176.82Spotting the hidden gems

Kotak Flexicap Fund(Erstwhile Known As Kotak Standard Multicap Fund)

Flexicap

a. Invests in a few sectors as the various sectors of the economy tend to perform differently at different points of timeb. Flexibility to move across market caps depending on their attractiveness during the economic phase

Mr. Harsha Upadhyaya Nifty 200 TRI 34,515.40

Focus on few selected sectors

Kotak Tax SaverFund

ELSSa. Portfolio is diversified across sectors and market capitalization segments b. Offers dual benefits of growth and tax savings

Mr. Harsha Upadhyaya Nifty 500 TRI 1,679.04

Tax advantage with potential equity growth

KotakInfrastructure & Economic Reform Fund

Thematic: Infrastructure

True to label

Balanced Advantage

Conservative portfolio with a blend of:a. A fund that gives you freedom from managing equity and debt allocation manually during market ups and downs, giving you a balanced growth.b. Emphasis on back tested P/E* based model d. Better volatility managemente. Better tax efficiency by leveraging arbitrage opportunitiesf. Immunity from market timing to ensure disciplined investing

Takes care of Asset Allocation

3,059.07Small Cap

a. Identifies the hidden growth potential of small cap sized companiesb. Portfolio exhibits higher volatility than large caps and Midcaps however tends to have a higher return potential in the long runc. Buy and hold strategy

Mr. Pankaj Tibrewal

Nifty Smallcap 100

TRI

Spot them young, watch them grow

a. Stands for winning investment ideas across the mid & small cap range offering decent growth trajectory over the medium to long term horizonb. Buy and hold strategyc. Riskier than a large cap fund but offers faster growth rate since it has a smaller based. 0%-35% allocation to large cap or small cap opportunities as tactical plays

Mr. Pankaj Tibrewal

Nifty Midcap 100

TRI

13.1566.7318.85

1.27

57.9130.5310.25

1.31

75.1422.35

1.321.19

5 yearsAlpha (%)

0.460.82 29.17 6.221. Consumer Goods2. Industrial Manufacturing3. Construction

1. Pharma2. Information Technology3. Financial Services

2.10

2.59

EquitySavings

Conservative portfolio with a blend of:a. Income generation - through arbitrage opportunities & debt investment.b. Growth potential - through moderate participation in equity marketsc. Tax efficiency - through equity orientation

75% of Nifty 50 Arbitrage

Index + 25% of Nifty 50

1,382.36 N/A

N/A

N/A

N/A

0.531.50 8.49 1.18 2.23

879.05

1,839.87

Nifty 50 Hybrid

Composite Debt 50:50

Index

7,000.65 N/AN/A N/A N/A 1.87

Kotak Equity Hybrid Fund

Kotak Equity Arbitrage Fund

Aggresive Hybrid

EquityArbitrage

a. Equity portion: Multi cap strategy to identify outstanding companies having well managed and durable businesses with predictable earnings powerb. Debt portion: Actively managed with medium to long term maturityc. Lower volatility than a pure equity or debt fund

a. Discovers arbitrage opportunities by simultaneously entering transactions of long position in cash and exactly off-setting short position in futuresb. Equity position is completely hedged

Mr. Pankaj Tibrewal

& Mr. Abhishek

Bisen

Mr.Hiten ShahNifty 50

Arbitrage Index

1,350.90

16,361.81 N/A N/A N/A

0.47

2.21

1.28

0.65

19.25

0.81

0.39

0.93

Best of both worlds: equity

& debt

MIP with equity tax efficiency

Arbitrageopportunities

Nifty 50 Hybrid

Composite Debt

65:35 Index

2.22

1.00

Total Expense Ratio

(TER %)^

Kotak BluechipFund

79.4518.15

0.721.68

a. Favours industry leaders in cost, innovation, brand, competence, etc. with a proven execution track record across cyclesb. High conviction and long term calls taken

Large cap Mr. Harish Krishnan

Nifty 50 TRI 2,206.52Invest with

industry leaders

1. Industrial Manufacturing2. Services3. Cement & Cement Products

1. Financial Services2. Metals3. Energy

0.470.96 21.51 -1.54 2.13

71.5225.71

1.631.14

Kotak India EQ Contra Fund

Contra/Value Fund

a. Focus on sustainable large cap stories which can withstand market shocksb. These are companies with pricing power for their competitive advantage or entry barriers

Ms. Shibani Kurian

Nifty 100 TRI 934.00Long term

wealth creators

1. Industrial Manufacturing 2. Cement & Cement Products3. Construction

1. Consumer Goods2. Financial Services3. Information Technology

0.511.01 22.58 1.10 2.37

1. Industrial Manufacturing2. Cement & Cement Products3. Fertilisers & Pesticides

1. Financial Services2. Consumer Goods3. Information Technology

0.460.94 21.70 0.72 1.94

1. Cement & Cement Products2. Industrial Manufacturing3. Construction

1. Financial Services2. Consumer Goods3. Information Technology

0.430.95 21.81 0.20 1.62

1. Industrial Manufacturing2. Cement & Cement Products3. Chemicals

1. Financial Services2. Consumer Goods3. Energy

0.480.93 21.84 0.10 2.25

Kotak Pioneer Fund

Kotak Focused Equity Fund

It's Future Ready

Performance Through Core

Conviction

Sectoral - Thematic

Focused

N/AN/A N/A 2.27N/A

Kotak Emerging Equity Fund

Mid Cap Emerging leaders 0.440.88 25.98 3.721. Industrial Manufacturing2. Cement & Cement Products3. Fertilisers & Pesticides

1. Financial Services2. Energy3. Automobile

1.81

Kotak Equity Savings Fund

Kotak Balanced Advantage Fund

Mr. Harish Krishnan

Mr. Harish Krishnan

& Ms. Shibani

Kurian

85% IISL Kotak India Pioneering

Innovations +15% MSCI ACWI Information

Technology Index TRI

N/AN/A N/A 2.11N/A

55.2924.7715.63

4.31

a. Concentrated Portfolio:25-30 high growth and good quality businesses with sustainable and scalable earnings potential over the long termb. Leveraging On Research CapabilitiesStock picking through the BMV model- ‘Business, Management and Valuation’ c. Suitable For Long Term InvestorsThose looking to benefit from the structural growth opportunity in Indian equitiesd. Bottom Up Approach To Stock Picking : With a top down thematic overlay.

Conservative portfolio with a blend of:a. 80-100% in pioneering innovations theme Upto 20% in other than pioneering innovations theme Focus on growth oriented / High impact companiesb. Upto 35% may be invested in overseas funds/etfs/securities investingin similar theme access to global techs c. The fund is from the Kotak Mahindra Mutual Fund stable and has structured investmentprocesses

Net Equity

Arbitrage

Debt & Cash 40.19

32.07

27.74

Net Equity

Arbitrage

Debt & Cash

27.85

32.77

39.38

1. Industrial Manufacturing2. Cement & Cement Products3. Construction

1. Industrial Manufacturing2. Services3. Information Technology

1. Industrial Manufacturing2. Construction3. Pharma

1. Energy2. Metals3. Information Technology

1. Automobile2. Consumer Goods3. Pharma

1. Financial Services2. Energy3. Information Technology

62.3931.83 5.78

70.4423.77

4.950.84

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

Kotak Bluechip

Kotak Standard Multicap

Kotak Tax Saver

Kotak Emerging Equity Scheme

Equity Scheme




• Long term capital growth • Investment in portfolio of predominantly equity & equity related securities of large cap companies

• Long term capital growth• Investment in portfolio of predominantly equity & equity related securities generally focused on a few selected sectors

• Long term capital growth with a 3 year lock in• Investment in portfolio of predominantly equity & equity related securities

• Long term capital growth• Investment in equity & equity related securities predominantly in mid & small cap companies.

• Long term capital growth• Investment in equity & equity related securities balanced with income generation by investing in debt & money market instruments

• 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

• Income from arbitrage opportunities in the equity market

• Investment in arbitrage opportunities in the cash & derivatives segment of the equity market.

Name of the Scheme

Kotak Bluechip Fund




Kotak Flexi Cap Fund (Erstwhile Known As Kotak Standard Multicap Fund)

Kotak Tax Saver Fund


Equity Scheme


Kotak Focused Equity Fund


• Long term capital growth• Investment in equity & equity related securities predominantly in small cap stocks

• Long term capital growth • Investment in portfolio of predominantly equity & equity related securities of large & midcap companies

• Long term capital growth • Investment in portfolio of predominantly equity & equity related securities

• Long term capital growth• Investment in portfolio of predominantly equity & equity related securities generally focused on a few selected sectors across market capitalisation

• Long term capital growth with a 3 year lock in• Investment in portfolio of predominantly equity & equity related securities

• Long term capital growth• Investment in equity & equity related securities predominantly in midcap companies.

• Long term capital growth• Investment in equity & equity related securities across market capitalisation in maximum 30 stocks

• Long term capital growth• Investment in equity & equity related securities balanced with income generation by investing in debt & money instruments

• 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

• Wealth creation over a long period of time• Investment in equity, equity related securities & debt, money market instruments while managing risk through active allocation

• Income from arbitrage opportunities in the equity market

• Investment in arbitrage opportunities in the cash &

derivatives segment of the equity market.

• Long term capital growth• Long term capital appreciation by investing in equity and equity related instruments of companies contributing to infrastructure and economic development of India

• Long term capital growth• Investment in equity and equity related Securities of companies operating with Pioneering innovations theme Without any market Capitalisation and Sector bias

Kotak Infrastructure & Economic Reform Fund

Kotak Pioneer Fund

This product is suitable for investors who are seeking*

An open ended scheme investing in arbitrage opportunities

Large Cap Fund- An open ended equity schemepredominantly investing in large cap stocks

Small Cap Fund- An open ended equity schemepredominantly investing in small cap stocks

Large & Mid Cap Fund- An open ended equity scheme investing in both large cap and mid cap stocks

An open ended equity scheme following contrarian investment strategy

An Open-Ended Equity Linked Saving Scheme with a statutory lock in of 3 years and tax benefits

Mid Cap Fund - An open ended equity schemepredominantly investing in mid cap stocks

Multi Cap Fund - An open ended equity schemeinvesting across large cap, mid cap, small cap stocks

An open ended hybrid scheme investingpredominantly in equity and equity related instruments

An open ended scheme investing in equity, arbitrage and debt

An open ended dynamic asset allocation fund

An open ended equity scheme investing in maximum 30 stocks in large-cap, mid-cap and small-cap category

An open ended equity schemeinvesting in pioneering innovations theme.

An open ended equity scheme following Infrastructure & Economic Reform theme

Debt Scheme

Risk-o-meterType of Scheme


Kotak Balanced Advantage Fund





Kotak Banking andPSU Debt Fund

• 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.

Kotak Savings Fund

Kotak Dynamic Bond

Kotak Bond Short Term

• Income over a short term investment horizon• Investment in debt & money market securities with portfolio Macaulay duration between 3 months and 6 months

• Income over a medium term investment horizon• Investment in debt & money market securities with portfolio Macaulay duration between 1 year and 3 years

• Income over a medium term investment horizon• Investment in debt & money market securities across duration

Kotak Savings Fund• Income over a short term investment horizon• Investment in debt & money market securities with portfolio Macaulay duration between 3 months and 6 months

An open ended ultra-short term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 3 months and 6 months

Kotak Overnight Fund • Income over a short term investment horizon• Investment in debt & money market securities having maturity of one business day.

An open ended debt scheme investing in overnight securities




• Income over a short term investment horizon• Investment in debt & money market securities

An open ended liquid schemeKotak Liquid Fund

Kotak Bond Fund

Kotak Low Duration Fund • Regular Income over short term• Income by focusing on low duration securities with portfolio Macaulay duration between 6 months and 12 months

• Income over a long investment horizon• Investment in debt & money market securities with a portfolio Macaulay duration between 4 years and 7 years

• Income over a long investment horizon• Investment in sovereign securities issued by the Central and/or State Government(s) and / or reverse repos in such securities.

Kotak Gilt Fund

Kotak Bond Short Term

• Income over a medium term investment horizon• Investment in debt & money market securities with portfolio Macaulay duration between 1 year and 3 years

An open ended short term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 1 year and 3 years

Kotak Corporate Bond Fund • Regular Income over short term• Income by investing in fixed income securities of varying maturities and predominantly investing in AA+ and above rated corporate bonds

An open ended debt scheme predominantly investing in AA+ and above rated corporate bonds

An open ended low duration debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 6 months and 12 months

An open ended medium term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 4 years and 7 years

An open ended debt scheme investing in government securities across maturity

• Income over a short term investment horizon.• Investment in floating & fixed rate debt instruments swapped for floating rate returns and money market instruments.

An open ended debt scheme predominantly investing in floating rate instruments

Kotak Floating Rate

Kotak Banking and PSU Debt Fund• Income over a short to medium term investment horizon• Investment in debt & money market securities of PSUs, Banks, Public Financial Institutions, Government Securities & Municipal Bonds

An open ended debt scheme predominantly investing in Debt instruments of banks, Public Sector Undertakings, Public Financial Institutions and Municipal Bonds.

Kotak Dynamic Bond Fund• Income over a medium term investment horizon• Investment in debt & money market securities across duration

An open ended dynamic debt scheme investing across duration

Kotak Medium Term Fund

Kotak Credit Risk Fund

• Income over a medium term investment horizon• Investment in debt, government securities & money market instruments with portfolio Macaulay duration between 3 years and 4 years

• Income over a medium term investment horizon• Investment predominantly in AA and below rated corporate bonds (Excluding AA+ rated corporate bonds)

An open ended medium term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 3 years and 4 years

An open ended debt scheme predominantly investing in AA and below rated corporate bonds(Excluding AA+ rated corporate bonds)


Investors understand that their principal will be at High risk

• Income over a short term investment horizon• Investment in money market securities

• Income over a short term investment horizon • Investment in money market securities

Kotak Money Market Fund An open ended debt scheme investing in money market instruments

Deta

ils p

rovi

ded a

re a

s on F

eb 2

8th

, 2021.

Note

: *

*AA

A a

lso in

cludes

A1+

,A1+

(SO

), A

AA

(SO

), IN

D A

AA

, N

et cu

rrent A

ssets

, C

BLO

, Te

rm D

eposi

t and R

ev

repo. F

or

Kota

k G

ilt F

und: C

ash

and C

ash

E

quiv

ale

nt is

incl

uded u

nder

Gilt

. F

or

Liq

uid

sch

em

es

( K

ota

k Liq

uid

Sch

em

e a

nd K

ota

k M

oney

Mark

et )

and L

iquid

plu

s sc

hem

es

(Kota

k S

avi

ngs

and K

ota

k Low

Dura

tion)

T-b

ill is

incl

uded in

AA

A.

* T

he r

evi

sed e

xit lo

ad s

hall

be e

ffect

ive for

all

fresh

inve

stm

ents

(i.e

. units

allo

tted o

n p

urc

hase

s or

switc

h-ins

(incl

udin

g thro

ugh s

yste

matic

inve

stm

ents

under

exi

stin

g e

nro

lments

/regis

tratio

ns)

on o

r after

Oct

ober

20, 2019.

^ To

tal E

xpense

Ratio

is o

f R

egula

r P

lan

** R

evi

sed lo

ad s

truct

ure

is e

ffect

ive fro

m M

ay

13, 2020

Sch

em

e N

am

eC

urr

en

t S

che

me

P

osi

tion

ing

23

,66

8.0

47

da

ys t

o M

on

thK

ota

k Liq

uid

Fund

10

0%

AA

A

Liq

uid

8

,61

2.3

03

Mo

nth

s -

6 M

on

ths

Ko

tak

Mo

ne

y M

ark

et

Fu

nd

Mo

ne

y M

ark

et

91

.17

% A

AA

,5

.82

% A

A+

3.0

1%

Be

low

AA

+

1

1,9

90

.52

3 M

on

ths

- 6

Mo

nth

s K

ota

k S

avi

ngs

Fund

Ultr

a S

ho

rt D

ura

tion

84

.91

% A

AA

3.8

6%

AA

+11

.23

% B

elo

w A

A+

13

,76

0.9

36

Mo

nth

s -

9 M

on

ths

Ko

tak

Lo

w D

ura

tion

F

un

dL

ow

Du

ratio

n

8,2

49

.46

1-1

.5 y

ea

rs

Ko

tak

Co

rpo

rate

Bo

nd

Fu

nd

89

.08

% A

AA

10

.92

%A

A+

84

.94

% A

AA

15

.06

% G

ilt

57

.72

% A

AA

42

.28

% G

ilt

Co

rpo

rate

Bo

nd

10

,84

1.1

12

-3 y

ea

rs

Ko

tak

Ba

nki

ng

&

PS

U D

eb

t F

un

d

69

.37

% A

AA

18

.40

% G

ilt6

.48

% A

A+

5.7

5 B

elo

w A

A+

Ba

nki

ng

an

d P

SU

18

,32

8.5

21

-3 y

ea

rs

K

ota

k B

on

d S

ho

rt

Term

Fu

nd

Sh

ort

Du

ratio

n

1

,83

0.3

93

Ye

ars

an

d a

bo

veK

ota

k C

red

it R

isk

Fu

nd

27

.89

% A

AA

8.6

7%

Gilt

0.2

9%

AA

+6

3.1

6%

Be

low

AA

+

Cre

dit

Ris

k

2,1

88

.33

2 Y

ea

rs a

nd

ab

ove

Ko

tak

Me

diu

m

Term

Fu

nd

51

.59

% A

AA

12

.03

% G

ilt6

.89

% A

A+

29

.49

% B

elo

w A

A+

Me

diu

m T

erm

(A

ccru

al S

tra

teg

y)

2,6

80

.69

2-3

ye

ars

Ko

tak

Dyn

am

ic B

on

d

Fu

nd

48

.56

% A

AA

43

.88

% G

ilt3

.60

% A

A+

3.9

6%

Be

low

AA

+D

yna

mic

6,4

26

.54

1 d

ay

Ko

tak

Ove

rnig

ht

Fu

nd

10

0%

Gilt

Ove

rnig

ht

Cu

rre

nt

Po

rtfo

lio

Qu

alit

y**

Ide

al I

nve

stm

en

t H

orizo

n

AU

M (

Rs

crore

s) a

s on

28th

Feb

2021

4,3

20

.18

2 Y

ea

rs a

nd

ab

ove

Kota

k F

loatin

g R

ate

F

und

Flo

atin

g R

ate

1

,32

9.1

02

-3 y

ea

rs

Ko

tak

Bo

nd

Fu

nd

4

1.4

1%

AA

A5

4.7

2%

Gilt

3.8

7%

AA

+

Me

diu

m t

o L

on

g

Du

ratio

n

0.3

0

0.3

2

0.7

7

1.1

5

0.6

5

0.7

6

1.1

6

1.7

5

1.8

0

1.2

1

0.2

0

0.6

2

1.9

1

1.4

7

9

64

.09

2-3

ye

ars

K

ota

k G

ilt F

un

d 1

00

% G

iltG

ilt

Maca

ula

yD

ura

tion

(ye

ars

)

3.2

80

.07

Ma

turity

< 9

1 d

ays

0.0

70.0

7

Nil

3.7

30

.29

Ma

turity

< 1

ye

ar

0.2

90

.29

3.7

80

.35

Ma

cau

lay

du

ratio

n3

-6 m

on

ths

Nil

0.3

30

.34

Nil

4.5

81

.23

Ma

cau

lay

du

ratio

n6

-12

mo

nth

s0

.75

0.7

9

5.3

12.0

01.5

08

0-1

00

% c

orp

ora

te b

on

de

xpo

sure

in A

A+

&

ab

ove

ass

ets

Nil

1.6

1

5.5

43

.46

Pre

do

min

an

tly H

igh

qu

alit

yB

an

kin

g &

PS

U a

sse

tsN

il2

.08

2.2

3

5.3

02

.97

Ma

cau

lay

du

ratio

n 1

-3 y

ea

rsN

il1

.78

1.8

7

6.9

91

.78

Min

imu

m 6

5%

in b

elo

wA

A+

inst

rum

en

tsW

ithd

raw

al u

p t

o 6

% o

f in

vest

me

nt

am

t w

ithin

1 y

r: N

il, >

ab

ove

lim

it o

f w

ithd

raw

al w

ithin

1 y

ea

r :

1%

, A

fte

r 1

ye

ar

: N

il.**

1.2

81

.38

6.9

93.7

8

Ma

cau

lay

du

ratio

n 3

-4 y

ea

rs(1

-4 y

ea

rs w

he

n d

efe

nsi

ve)

With

dra

wa

l up

to

3

% o

f in

vest

me

nt

am

t w

ithin

6 m

on

ths:

Nil,

> a

bo

ve

limit

of

with

dra

wa

l with

in 6

mo

nth

s :

1%

, Aft

er

6 m

on

ths

: N

il.**

2.6

32

.81

6.1

27

.06

Dyn

am

ic s

tra

teg

y -

inve

stm

en

t a

cro

ss d

ura

tion

Nil

4.2

24

.44

3.1

80.0

0O

ne

Da

y M

atu

rity

N

il0

.00

0.0

0

YT

M %

Ave

rag

e

Ma

turity

(y

ea

rs)

Ke

y D

iffe

ren

tiato

rM

od

ifie

dD

ura

tion

(ye

ars

)

6.0

7N

il3

.37

Ave

rag

e M

atu

rity

– W

ithin

3

-4 y

ea

rs2

.82

2.9

8

5.6

57

.74

Ma

cau

lay

du

ratio

n 4

-7 y

ea

rs(1

-7 y

ea

rs w

he

n d

efe

nsi

ve)

*With

in 3

mo

nth

s: 0

.20

%

A

fte

r 3

mo

nth

s: N

IL

4.2

84

.44

5.6

77

.93

Gilt

Fu

nd

with

Dyn

am

icst

rate

gy,

no

ca

p o

n d

ura

tion

Nil

5.0

45

.20

Inve

stor

Exi

t U

pon

subsc

riptio

n*

Exit L

oa

d a

s a

% o

f re

de

mp

tio

n P

roce

ed

D

ay

1

Day

4

Day

2D

ay

3

Day

5D

ay

6D

ay

7 o

nw

ard

s

0.0

070%

0.0

060%

0.0

055%

0.0

050%

0.0

065%

0.0

045%

0.0

000%

Debt F

unds

Ready

Reck

oner

Exi

t L

oa

d

Tota

l E

xpe

nse

Ra

tio

(TE

R %

)^

10

0%

AA

A

Liquidity Position OfKotak Mahindra Mutual Fund Debt Funds

As said earlier, our incremental allocation has gone into higher quality assets

Scheme CategoryScheme Name

Non-Credit Strategies

Kotak Liquid Fund

Kotak Money Market Fund

Kotak Corporate Bond Fund

Kotak Bond Short Term Fund

Kotak Savings Fund

Kotak Bond Fund

Kotak Banking and PSU Debt Fund

Kotak Dynamic Bond Fund

Kotak Low Duration Fund



Money Market Fund

Corporate Bond Fund

Short Duration Fund

Ultra Short Duration Fund

Medium to Long Duration Fund

Banking and PSU Fund

Dynamic Bond Fund

Low Duration Fund

Medium Duration Fund

Credit Risk Fund

Liquid Fund

Credit Strategies

Mutual fund investments are subject to market risks, read all scheme related documents carefully.

As on 26 Feb 2021. It is the prerogative of the fund manager to ascertain whether any security provides investment benefit to the fund and is in keeping with the larger investment goal, strategy and the investment & operational mandate of the fund. As such the fund manager may or may not choose to invest in a particular credit paper. The portfolio construction is the purview of the Fund Manager and allocation may change from time to time. Internal Source. Please refer to the disclaimer slides for scheme details

Scheme CategoryScheme Name

Non-Credit Strategies

% of AUM in AAA (Long Term) or A1+ (Short Term),Sovereign Debt, Cash & NCA

Kotak Liquid Fund 100.00

Kotak Money Market Fund

Kotak Corporate Bond Fund

Kotak Bond Short Term Fund

Kotak Savings Fund

Kotak Bond Fund

Kotak Banking and PSU Debt Fund

Kotak Dynamic Bond Fund

Kotak Low Duration Fund



Money Market Fund

Corporate Bond Fund

Short Duration Fund

Ultra Short Duration Fund

Medium to Long Duration Fund

Banking and PSU Fund

Dynamic Bond Fund

Low Duration Fund

Medium Duration Fund

Credit Risk Fund

Liquid Fund

91.23

89.93

86.61

85.43

81.14

58.24

32.95

100.00

100.00

100.00

Credit Strategies

Mutual fund investments are subject to market risks, read all scheme related documents carefully.

As of 31s Aug 2020. It is the prerogative of the fund manager to ascertain whether any security provides investment benefit to the fund and is in keeping with the larger investment goal, strategy and the investment & operational mandate of the fund. As such the fund manager may or may not choose to invest in a particular credit paper. The portfolio construction is the purview of the Fund Manager and allocation may change from time to time. Internal Source. Please refer to the disclaimer slides for scheme details

% of AUM in AAA (Long Term)or A1+ (Short Term), Sovereign

Debt, Cash & NCA (Dec-20)

% of AUM in AAA (Long Term)or A1+ (Short Term), Sovereign

Debt, Cash & NCA (Apr-20)

96

92

91

88

85

63

36

100.00

100.00

100.00

100.00

86

85

87

79

52

50

27

100.00

100.00

100.00

100.00

*NCA is not part of the AUM while calculating rating allocation as % of AUM The above rating allocation includes NCA (Net Current Assets)

Monthly (12th of every Month)

The investment objective of the scheme is to generate income by investing in debt /and money market securities across the yield curve and predominantly in AA+ and above rated corporate securities. The scheme would also seek to maintain reasonable liquidity within the fund. There is no assurance or guarantee that the investment objective of the scheme will be achieved.

Ratios



Options: Dividend Payout, Dividend .........Reinvestment & Growth (applicable for all plans)

Dividend Frequency


Additional Investment: ̀ 1000 & in multiples of `1for purchase and for `0.01 for switches.





Load Structure

Ideal Investment Horizon: 1-1.5 year

Entry Load: Nil. (applicable for all plans)Exit Load: Nil. (applicable for all plans)


Average Maturity

Modified Duration

Portfolio Yield

2.00 yrs

1.50 yrs

5.31%

• Income by investing in fixed income securities of varying maturities and predominantly investing in AA+ and above rated corporate bonds.

This product is suitable for investors who are seeking*:• Regular Income over short term


Debentures and Bonds Debt Instruments


7.59% State

6.97% StateGovernment(^)-Karnataka SOV 1.218.65% StateGovernment(^)-Kerala SOV 0.64

7.52% State

Government(^)-Gujarat SOV 1.27

6.48% StateGovernment-Karnataka SOV 0.52

Government(^)-Tamil Nadu SOV 1.89




Bank Of India ICRA AAA 0.19

8.45% State


& Rural Development ( ) ICRA AAA 4.54




& Rural Development CRISIL AAA 0.57

Corporate Debt/

Mangalore Refinery andPetrochemicals Ltd. ( ) FITCH AAA(IND) 0.90

Corporation Ltd.(^) CRISIL AAA 2.89Rural Electrification

Power Finance




Government Dated




Government-Punjab SOV 0.15



HDFC Ltd.(^) CRISIL AAA 9.37



Power Finance

Public Sector

irrevocable guarantee by Larsen

Nabha Power Ltd.


HDB Financial Services Ltd. CRISIL AAA 5.57

(backed by unconditional and

& Toubro Ltd ) ICRA AAA(CE) 5.46Sikka Ports & Terminals Ltd.


Triparty Repo 2.96Institutions - Total 1.16

(Liabilities) 2.51


Mahindra & Mahindra

Bhopal Dhule TransmissionCompany Ltd. ( Operational

Corporate Debt/FinancialInstitutions - Total 43.82

Tata Sons Private Ltd. CRISIL AAA 0.16


Kotak Mahindra Bank Ltd. CRISIL AAA 0.19


(Basel III TIER II Bonds) ICRA AAA 0.62

Grand Total 100.00

Financial Services Ltd. FITCH IND AAA 0.12



LIC Housing Finance Ltd. CARE AAA 0.31

power transmission project ) CRISIL AAA 0.05



ICICI Bank Ltd.(^)

Sundaram Finance Ltd. ICRA AAA 0.61Reliance Industries Ltd. CRISIL AAA 0.31

Treasury Bills 182 Days Treasury Bill 03/06/2021 SOV 4.18182 Days Treasury Bill 06/05/2021 SOV 3.38

Rural Development ICRA A1+ 1.19

Undertakings - Total 1.19Public Sector

Corporate Debt/



HDFC Ltd. ( ) CRISIL AAA 0.06

Bajaj Housing Finance Ltd. CRISIL A1+ 1.16

Net Current Assets/

Grasim Industries Ltd.(^) CRISIL AAA 2.40

Bajaj Finance Ltd. CRISIL AAA 1.57

Limited ( Mukesh Ambani Group ) CRISIL AAA 1.40Kotak Mahindra Prime Ltd.(^) CRISIL AAA 1.21

Mindspace BusinessParks REIT ( ) (^) CRISIL AAA 1.20First Business Receivables Trust(Originator Reliance Industries Ltd) CRISIL AAA(SO) 0.70


Bajaj Housing Finance Ltd. ( ) (^) CRISIL AAA 2.40LIC Housing Finance Ltd. CRISIL AAA 1.91

Jamnagar Utilities & Power Private

AXIS Bank Ltd.(^) CRISIL AAA 1.20

34


Low

Medium

HighAn open-ended debt scheme predominantly investing in AA+ and above rated corporate bonds

KOTAK CORPORATE BOND FUND

Product Label

Benchmark: CRISIL Corporate


Folio count: 38,265

Bond Composite

AAUM: 8,351.11 crs`

AUM: `8,249.46 crs


Index

PORTFOLIOIssuer/Instrument Industry/Rating % to Net Assets


ALLOCATION (%)

RATING PROFILE (%)




Scheme Inception : - September 21, 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 Corporate Bond Fund NAV as on February 28, 2021: ̀ 2879.7295 (Regular Plan-Growth Option), ̀ 1046.6512 (Regular Plan-Monthly Dividend), ̀ 2962.1456 (Direct Plan- Growth Option), ̀ 1084.6508 Direct Plan- Monthly Dividend)






Scheme Returns (%)

CRISIL Corporate Bond Composite Index Returns (%)

Alpha


CRISIL Corporate Bond Composite Index ( )#`





29,18,002 18,49,038 11,26,948 7,33,932 4,06,150 1,23,434

-0.80 -0.59 -0.42 -0.45 -1.12 -0.04


16,20,000 12,00,000 8,40,000 6,00,000 3,60,000 1,20,000

8.30 8.39 8.28 8.02 8.04 5.46

9.09 8.98 8.70 8.48 9.16 5.50

30,94,526 19,07,550 11,43,931 7,42,277 4,12,887 1,23,459

26,48,903 17,50,734 10,89,040 7,12,826 4,03,787 1,20,790

6.98 7.35 7.32 6.85 7.64 1.25

Low High

Low

to

Moder

ate


High

Very H

ighLo

w


77.11 8.96

6.11

2.96

2.51

2.35

Debentures and Bonds Treasury Bills Government Dated Securities


94.53 2.96 2.51

A1+, AAA, AAA(CE), AAA(IND), AAA(SO), IND AAA, SOV TREP & Term Deposits & Rev.Repo Net Current Assets

Load Structure


To generate income by predominantly investing in debt & money market securities issued by Banks, Public Sector Undertaking (PSUs), Public Financial Institutions (PFI), Municipal Bonds and Reverse repos in such securities, sovereign securities issued by the Central Government & State Governments, and / or any security unconditionally .........guaranteed by the Govt. of India. There is no assurance that or guarantee that the investment objective of the scheme will be achieved.



Monthly (12th of every Month)




Ideal Investment Horizon: 2-3 years

Initial Investment: Dividend Payout, Dividend Re-investment & Growth ̀ 5000 & above.

Dividend Frequency


Ratios

Additional Investment: ̀ 1000 & in multiples of ̀ 1.



Average Maturity

Modified Duration

Portfolio Yield

3.46 yrs

2.08 yrs

5.54%


• Investment in debt & money market securities of PSUs, Banks, Publ ic F inancial Inst i tut ions, government securities, and Municipal Bonds.


• Income over a short to medium term investment horizon.



Debt Instruments

GovernmentDated Securities


6.90% Central Government SOV 0.478.88% State


Government(^)-Kerala SOV 1.346.22% State

Government-Haryana SOV 0.308.39% State

7.82% StateGovernment(^)-Assam SOV 0.24




Government-Kerala SOV 0.10

& Rural Development(^) ICRA AAA 2.54

5.80% State

& Rural Development(^) CRISIL AAA 2.28


Bank Of Baroda




Canara Bank ( ) (^)

Undertakings

8.65% State

Government-Gujarat SOV 0.09

Government Dated

Indian Bank(^)

7.42% State


(Basel III TIER I Bonds) FITCH IND AA 2.36



& Rural Development ( ) (^) ICRA AAA 1.59

Government-Maharashtra SOV 0.05

Government-Bihar SOV 0.07


Public Sector

5.28% State

8.74% State


Government-Uttar Pradesh SOV 0.12




7.20% State

8.71% State

6.46% State


Power Finance



Union Bank of India



(Basel III TIER II Bonds) FITCH IND AA+ 1.65

Food Corporation of India(^) CRISIL AAA(CE) 1.53

Authority Of India(^) CRISIL AAA 1.43Power Finance

National Highways

(Basel III TIER I Bonds) CRISIL AA 1.37Union Bank of India(Basel III TIER I Bonds) CARE AA- 1.31Punjab National Bank(Basel III TIER II Bonds) CRISIL AA+ 1.14Power Grid Corporationof India Ltd.(^) CRISIL AAA 1.05

Bank Of Baroda ( )(Basel III TIER I Bonds) CRISIL AA+ 0.95

(Basel III TIER II Bonds) FITCH IND AAA 0.94Rural ElectrificationCorporation Ltd. ( ) (^) CRISIL AAA 0.90National Highways AuthorityOf India ( ) (^) CRISIL AAA 0.58State Bank Of India.(Basel III TIER I Bonds) CRISIL AA+ 0.56

Canara Bank(^)

ICICI Bank Ltd.

182 Days Treasury

Hindustan Petroleum

Petrochemicals Ltd. ( ) FITCH AAA(IND) 0.46

364 Days Treasury

(Basel III TIER I Bonds) ICRA AA+ 0.43

Bank Of Baroda

Government ) FITCH IND AA(CE) 0.07

Indian Bank ( )

(Basel III TIER I Bonds) CARE AA 0.23



(Basel III TIER II Bonds) FITCH AAA(IND) 0.12

Bank Of Baroda

Bank Of Baroda

Corporate Debt/

ICICI Bank Ltd.



Export-Import Bank of India(^) CRISIL AAA 0.46


( Guaranteed By UP State

Small Industries DevelopmentBank Of India ICRA AAA 0.30

Public Sector

ICICI Bank Ltd.(Basel III TIER I Bonds) CARE AA+ 0.95



Corporate Debt/FinancialInstitutions - Total 4.07Money Market Instruments

Mangalore Refinery and




Punjab National Bank ( )

U P Power Corporation Ltd

Treasury Bills

Bill 03/06/2021 SOV 3.1891 Days TreasuryBill 01/04/2021 SOV 1.67

Bill 29/04/2021 SOV 0.09Treasury Bills - Total 4.94

& Rural Development ICRA A1+ 1.82National Bank for Agriculture


Export-Import Bank of India CRISIL AAA 0.46Bank Of Baroda CRISIL A1+ 0.46

Undertakings - Total 8.24Corporate Debt/



Export-Import Bank of India CRISIL A1+ 5.04Public Sector Undertakings

Institutions - Total 3.41Triparty Repo 7.78Net Current Assets/(Liabilities) 2.02


Grand Total 100.00

Public Sector


35


Low

Medium

High

KOTAK BANKING AND PSU DEBT FUND

Product Label

AUM: `10,841.11 crs

Benchmark: CRISIL Banking and PSU Debt Index


Allotment date: December 29,1998

AAUM: `11,056.20 crs

Folio count: 23,783

An open-ended debt scheme predominantly investing in debt instruments of banks,public sector undertakings, public financial institutions and municipal bonds



PORTFOLIO




Low High

Low

to

Moder

ate


High

Very H

ighLo

w


KOTAK BANKING AND PSU DEBT FUND

An open-ended debt scheme predominantly investing in debt instruments of banks, public sector undertakings, public financial institutions and municipal bonds

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. Alpha is difference of scheme return with benchmark return.

Kotak Banking And PSU Debt Fund NAV as on February 28, 2021: ̀ 50.0567 (Growth Option), ̀ 51.2404 (Direct Growth Option), ̀ 10.3992 (Monthly Dividend), ̀ 10.3639 (Direct Monthly Dividend) (^) Fully or Party blocked against Interest Rate Swap (IRS) Hedging Position through Interest Rate Swaps as on 28 Feb 2021 is 29.13% of the net assets.




Scheme Returns (%)


CRISIL Banking and PSU Debt Index Returns (%)



CRISIL Banking and PSU Debt Index ( )#`

Alpha




26,70,000 12,00,000 8,40,000 6,00,000 3,60,000 1,20,000

66,22,580 18,63,446 11,31,602 7,40,532 4,10,505 1,23,411

7.46 8.54 8.40 8.38 8.77 5.42

NA 8.73 8.40 8.17 8.34 4.61

NA -0.19 0.00 0.21 0.43 0.81

NA 18,82,068 11,31,588 7,36,692 4,07,918 1,22,906

NA 17,50,734 10,89,040 7,12,826 4,03,787 1,20,790

NA 7.35 7.32 6.85 7.64 1.25

ALLOCATION (%)

RATING PROFILE (%)

36

61.54 13.45 10.27 7.78 4.94 2.02

Debentures and Bonds Government Dated Securities Commercial Paper (CP)/Certificate of Deposits (CD)

TREP & Term Deposits & Rev.Repo Treasury Bills Net Current Assets

77.99 12.21 7.78 2.02

A1+, AAA, AAA(CE), AAA(IND), IND AAA, SOV AA+, IND AA+, AA, IND AA, IND AA(CE), AA-


Exit Load: Nil.



Ideal Investment Horizon: 1 years & above


Entry Load: Nil. (applicable for all plans)Load Structure

The investment objective of the Scheme is to provide reasonable returns and .............reasonably high levels of liquidity by investing in debt instruments such as bonds, debentures and 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. There is no assurance that the investment objective of the Scheme will be realised.

Monthly (12th of every Month), Half Yearly (20th of Mar/Sept) and normal (as decided by Trustees)


Minimum Investment AmountInit ial Investment: ( i ) Dividend Re-investment & Growth - `5000 & above (ii) Dividend Payout (Monthly Dividend) - `50,000 & above




Dividend Frequency

Ratios



This product is suitable for investors who are seeking*:• Income over a medium term investment horizon• Investment in debt & money market securities with

portfolio Macaulay duration between 1 year & 3 years


Government(^)-Andhra Pradesh SOV 1.16

Debt Instruments



Government(^)-Rajasthan SOV 0.55

Government(^)-Haryana SOV 1.45

8.21% StateGovernment(^)-Haryana SOV 1.64


7.20% StateGovernment-Maharashtra SOV 0.89

7.19% State

7.59% Central Government(^) SOV 3.20

7.77% StateGovernment-Orissa SOV 0.57

7.93% State


Dated Securities 5.09% Central Government SOV 6.37


8.38% State

Government


7.82% StateGovernment(^)-Assam SOV 1.168.59% State

7.18% StateGovernment(^)-Tamil Nadu SOV 1.12

Government(^)-Gujarat SOV 0.568.00% State

7.14% StateGovernment-Gujarat SOV 0.536.44% State

6.22% StateGovernment-Kerala SOV 0.406.84% State

8.45% State

6.90% Central Government SOV 0.31Government-Punjab SOV 0.32

Government-Haryana SOV 0.29


7.61% StateGovernment-Tamil Nadu SOV 0.29

Government(^)-Gujarat SOV 0.49

8.39% StateGovernment-Rajasthan SOV 0.40

8.72% StateGovernment-Bihar SOV 0.28

8.18% State


7.20% State



8.45% State

8.69% State

8.66% State

7.68% State

8.50% State

8.58% State

Government-Assam SOV 0.26

8.45% State

6.97% State

Government-Karnataka SOV 0.28

5.75% State




7.59% State

6.53% State


Government-Madhya Pradesh SOV 0.11

6.98% State

5.28% State


8.26% State


Government-Jammu & Kashmir SOV 0.17

6.62% State

7.16% State

Government-Jammu & Kashmir SOV 0.18






7.69% State


8.61% State

8.27% State

9.36% StateGovernment-West Bengal SOV 0.06


Government-Kerala SOV 0.04

Government-Tamil Nadu SOV 0.038.21% State

Securities - Total 40.07Public Sector

State Bank Of India.(^)(Basel III TIER II Bonds) CRISIL AAA 5.35

3.36% Central Government SOV 0.015.22% Central Government SOV 0.02Government-Rajasthan SOV 0.02

Undertakings

Government Dated

Corporation Ltd. CRISIL AAA 4.45National Bank for Agriculture

Power Finance

& Rural Development ( ) ICRA AAA 3.46Rural Electrification

Rural Development CRISIL AAA 1.36National Bank for Agriculture &

Power FinanceCorporation Ltd. ( ) CRISIL AAA 0.81


ONGC Petro Additions Ltd. ICRA AAA(CE) 0.15


Kotak Mahindra Prime Ltd.(^) CRISIL AAA 1.09

Grasim Industries Ltd.(^) CRISIL AAA 0.89

First Business Receivables

Jamnagar Utilities &

Aditya Birla Finance Ltd. ICRA AAA 1.47

Finance Ltd. CRISIL AAA 0.56

Industries Ltd) CRISIL AAA(SO) 1.15

Services Limited CRISIL AAA 0.86

HDB Financial Services Ltd. ( ) (^) CRISIL AAA 0.54


of India Ltd. CRISIL AAA 0.06





Financial Services Ltd. FITCH IND AAA 1.72

HDFC Ltd. ( ) CRISIL AAA 1.09

Canara Bank(Basel III TIER II Bonds) FITCH IND AAA 0.55


Bank Of India ICRA AAA 0.02



Public Sector

Indian Oil Corporation Ltd. ICRA AAA 0.55(Basel III TIER II Bonds) FITCH IND AAA 0.58

Power Grid Corporation


Corporation Ltd. FITCH IND AAA 0.24

HDFC Ltd. CRISIL AAA 6.03Bajaj Finance Ltd. CRISIL AAA 2.86Mahindra & Mahindra

Bank Of Baroda

Sikka Ports & Terminals Ltd.

Trust (Originator Reliance

Corporate Debt/


Fullerton India Credit Co. Ltd. CRISIL AAA 1.10

LIC Housing Finance Ltd. CARE AAA 1.04

Hindustan Zinc Ltd. ( ) CRISIL AAA 0.82HDB Financial Services Ltd. CARE AAA 0.70


Tata Capital Housing

Bhopal Dhule TransmissionCompany Ltd. ( Operationalpower transmission project ) CRISIL AAA 0.55

( Underlying customerReliance Retail ) ICRA AAA(SO) 0.51Sundaram Finance Ltd. ( ) CRISIL AAA 0.43LIC Housing Finance Ltd. CRISIL AAA 0.42Tata Capital FinancialServices Limited ICRA AAA 0.40Nabha Power Ltd. (backed by

guarantee by Larsen


Jamnagar Utilities &Power Private Limited

& Toubro Ltd) ICRA AAA(CE) 0.30

unconditional and irrevocable

( Mukesh Ambani Group) CRISIL AAA 0.14ICICI Bank Ltd.(^)(Basel III TIER II Bonds) ICRA AAA 0.14







Bill 24/06/2021 SOV 1.59

Public Sector

Bajaj Housing Finance Ltd. CRISIL AAA 0.01


Net Current Assets/




182 Days Treasury

& Rural Development ICRA A1+ 1.07

Corporate Debt/


(Liabilities) 1.90


HDB Financial Services Ltd. CRISIL AAA 0.01





Triparty Repo 1.64

Treasury Bills

Grand Total 100.00


Average Maturity

Modified Duration

Portfolio Yield

2.97 yrs

1.78 yrs

5.30%


Low

Medium

HighAn open-ended short term debt scheme investing in instruments such that themacaulay duration of the portfolio is between 1 year and 3 years

KOTAK BOND SHORT TERM FUND

Product Label

AUM: `18,328.52 crs


AAUM: `19,366.06 crs

Benchmark: NIFTY Short Duration Debt Index


Folio count: 34,204



PORTFOLIO


37



Low High

Low

to

Moder

ate


High

Very H

ighLo

w


# Benchmark ; ̂ Additional Benchmark.Alpha is difference of scheme return with benchmark return.(^) Fully or Party blocked against Interest Rate Swap (IRS) Hedging Position through Interest Rate Swaps as on 28 Feb 2021 is 20.23% of the net assets.Kotak Bond Short Term Fund NAV as on February 28, 2021: `40.6195 (Growth Option), `43.1975 (Direct Growth Option), `10.0657 (Monthly Dividend), `13.536 (Direct Monthly Dividend), `14.7904 (Half Yearly Dividend), ̀ 15.2926 (Direct Half Yearly Dividend), ̀ 12.83 (Direct Normal Dividend)*For Fund Manager experience, please refer page 68-70. **Total Expense Ratio includes applicable B30 fee and GST. For scheme performance, please refer page no 60-67. For last three dividends, please refer page no 71-73.

Scheme Inception : - May 02,2002. 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.

ALLOCATION (%)

RATING PROFILE (%)



An open-ended short term debt scheme investing in instruments such that the macaulay duration of the portfolio is between 1 year and 3 years

KOTAK BOND SHORT TERM FUND


Nifty Short Duration Index Returns (%)

Nifty Short Duration Index ( )#`




Scheme Returns (%)

Alpha


51,76,921 18,41,567 11,17,369 7,32,686 4,07,637 1,23,789

6.68 7.35 7.32 6.85 7.64 1.25


8.14 8.31 8.04 7.95 8.29 6.03

50,66,508 18,10,422 11,06,378 7,27,237 4,05,967 1,23,137

7.94 7.99 7.76 7.65 8.01 4.98

22,60,000 12,00,000 8,40,000 6,00,000 3,60,000 1,20,000

-0.20 -0.32 -0.28 -0.30 -0.28 -1.05

44,26,367 17,50,734 10,89,040 7,12,826 4,03,787 1,20,790

38

48.55 40.075.63

2.211.90

1.64

Debentures and Bonds Government Dated Securities Commercial Paper (CP)/Certificate of Deposits (CD)

Treasury Bills Net Current Assets TREP & Term Deposits & Rev.Repo

96.46 1.90 1.64

A1+, AAA, AAA(CE), AAA(SO), IND AAA, SOV Net Current Assets TREP & Term Deposits & Rev.Repo

Dividend Frequency


Investment ObjectiveThe investment objective of the scheme is to generate income by investing in debt /and money market securities across the yield curve and predominantly in AA rated and below corporate securities. The scheme would also seek to maintain reasonable liquidity within the fund. There is no assurance that the investment objective of the Schemes will be realised.

A) Regular Plan B) Direct PlanOptions: Dividend Payout, Dividend Reinvestment & Growth (applicable for all plans)

Weekly (Every Monday), Monthly (12th of every Month), Quarterly (20th of Mar, Jun, Sep and Dec of every Year), Annual (12th of March).Ratios

$Source: ICRAMFI Explorer. Standard Deviation is calculated on Annualised basis using 3 years history of monthly returns. Minimum Investment Amount

Initial Investment: `5000 and in multiple of `1 for purchase and for ̀ 0.01 for switchesAdditional Investment: ̀ 1000 & in multiples of ̀ 1Ideal Investments Horizon: 3 year & aboveLoad StructureEntry Load: Nil. (applicable for all plans)Exit Load: a) For redemption / switch out of upto 6% of the initial investment amount (limit) purchased or switched in within 1 year from the date of allotment: Nil.





Average Maturity

Modified Duration

Portfolio Yield

1.78 yrs

1.28 yrs

6.99%

• Investment predominantly in AA and below rated corporate bonds (Excluding AA+ rated corporate bonds)

This product is suitable for investors who are seeking*:• Income over a medium term investment horizon


39

KOTAK CREDIT RISK FUND

An open-ended debt scheme predominantly investing in aa and below ratedcorporate bonds (excluding AA+ rated corporate bonds)

Product Label

AUM: `1,830.39 crs

Bond Index


Folio count: 16,068


Benchmark: Nifty Credit Risk

AAUM: `1,832.93 crs


6.57% State Government-Gujarat SOV 1.59

Government Dated Securities - Total 8.13

Union Bank of India (Basel III TIER I Bonds) CARE AA- 8.59

National Highways Authority Of India(^) CRISIL AAA 0.56

Mutual Fund Units

Debt Instruments

Brookfield India Real Estate Trust Construction 0.84




7.20% State Government-Karnataka SOV 2.80

6.12% State Government-Karnataka SOV 2.65

6.97% State Government-Maharashtra SOV 1.09


Punjab & Sind Bank (Basel III TIER I Bonds) ICRA A- 7.03

Power Finance Corporation Ltd.(^) CRISIL AAA 4.86

U P Power Corporation Ltd ( Guaranteed By UP State Government ) CRISIL A+(CE) 4.66

National Bank for Agriculture & Rural Development(^) ICRA AAA 1.35

Punjab National Bank (Basel III TIER II Bonds) CRISIL AA+ 0.29

National Bank for Agriculture & Rural Development CRISIL AAA 0.16


Small Industries Development Bank Of India CARE AAA 0.25

Tata Steel Ltd. CARE AA 9.19

Coastal Gujarat Power Ltd. ( Guarenteed by TATA Power Co. Ltd ) (^) CARE AA(CE) 5.99

L & T Infrastructure Finance Company Ltd.(^) CRISIL AAA 4.53

Bahadur Chand Investments Private Limited ICRA AA 4.10

Godrej Properties Limited(^) ICRA AA 2.74

Muthoot Finance Ltd.(^) ICRA AA 2.16

Jamnagar Utilities & Power Private Limited ( Mukesh Ambani Group ) (^) CRISIL AAA 0.58


SEI Enerstar Renewable Energy Pvt. Ltd. # CARE AA(CE) 0.43


Dalmia Cement (Bharat) Ltd ( ) ICRA AA 0.72


Talwandi Sabo Power Ltd. ( Unconditional and Irrevocable

Corporate Guarantee of Vedanta Ltd.) CRISIL AA-(CE) 10.58

Nuvoco Vistas Corporation Ltd. ( ) (^) CRISIL AA 2.70

Fullerton India Credit Co. Ltd. CRISIL AAA 0.19

Divyesh Power Pvt. Ltd. # CARE AA(CE) 0.18

Shreyas Renwable Energy Pvt. Ltd. # CARE AA(CE) 0.18

Treasury Bills


Corporate Debt/Financial Institutions - Total 48.87

SEI Baskara Power Pvt. Ltd. # CARE AA(CE) 0.18

Triparty Repo 6.34

Elena Renewable Energy Pvt. Ltd. # CARE AA(CE) 0.18

HDFC Ltd. CRISIL AAA 0.06

Aarish Solar Power Ltd. # CARE AA(CE) 0.18


Pratyash Renewable Pvt. Ltd. # CARE AA(CE) 0.18


Aashman Energy Pvt. Ltd. # CARE AA(CE) 0.18

Shriram City Union Finance Ltd. CARE AA 0.07

JM Financial Credit Solutions Ltd. ICRA AA 0.01

Zuvan Energy Pvt. Ltd. # CARE AA(CE) 0.18


PORTFOLIO


Low

Medium

High


Low High

Low

to

Moder

ate


High

Very H

ighLo

w

Investors understand that their principal will be at high risk


AAUM: `1,845.90 crs

AUM: `1,845.32 crs

Benchmark: Nifty Credit Risk


Folio count: 16,377

Bond Index $

40


KOTAK CREDIT RISK FUND

An open-ended debt scheme predominantly investing in AA and below rated corporate bonds (excluding AA+ rated corporate bonds)

Scheme Inception : - May 11, 2010. 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.

(^) Fully or Party blocked against Interest Rate Swap (IRS) Hedging Position through Interest Rate Swaps as on 28 Feb 2021 is 21.86% of the net assets.Alpha is difference of scheme return with benchmark return.# Benchmark ; ̂ Additional Benchmark.

Kotak Credit Risk Fund NAV as on February 28, 2021: `23.1651 (Growth Option), `24.9935 (Direct Growth Option), `10.0226 (Weekly Dividend), `10.4254 (Direct Weekly Dividend), `10.4979 (Monthly Dividend), `10.5516 (Direct Monthly Dividend), ̀ 11.1858 (Quarterly Dividend), ̀ 10.256 (Direct Quarterly Dividend), ̀ 10.7187 (Annual Dividend), ̀ 18.7725 (Direct Annual Dividend).*For Fund Manager experience, please refer page 68-70. **Total Expense Ratio includes applicable B30 fee and GST. For scheme performance, please refer page no 60-67. For last three dividends, please refer page no 71-73.

Net Current Assets/(Liabilities)^^ 7.53


Grand Total 100.00


ALLOCATION (%)

RATING PROFILE (%)






NIFTY Credit Risk Bond Index ( )#`


NIFTY Credit Risk Bond Index Returns (%)

Alpha

Scheme Returns (%)



13,00,000 12,00,000 8,40,000 6,00,000 3,60,000 1,20,000

20,28,574 18,00,621 10,91,713 7,13,739 3,99,085 1,23,853

7.94 7.88 7.39 6.90 6.85 6.13

9.29 9.28 8.99 8.91 9.56 9.47

-1.35 -1.40 -1.61 -2.00 -2.71 -3.34

21,92,248 19,38,138 11,55,931 7,50,292 4,15,311 1,25,920

19,45,848 17,50,734 10,89,040 7,12,826 4,03,787 1,20,790

7.22 7.35 7.32 6.85 7.64 1.25

# (Solar power generating SPV of Greenko Group with offtaker as NTPC & secured by corporate guarantee of Greenko Energies Pvt. Ltd.)

ISIN Name of the Security

INE528G0839409.00% Yes Bank Ltd. (Basel III Tier I)

Perpetual Call-18/10/2022 (L)

^Încludes Securities Below Investment grade or DefaultValue Recognised in

NAV(Rs. In Lacs)% to

Net AssetsTotal Security Value

(Rs. In Lacs)

0.00 0.00 9040.89

Total 7,458.99 4.08 18,985.07-

INE452O07047 8.70% Future Lifestyle Fashions Ltd. 7,458.99 4.08 9944.18

76.628.13

7.536.34

0.840.54

Debentures and Bonds Government Dated Securities Net Current Assets

TREP & Term Deposits & Rev.Repo Unrated Treasury Bills

51.8 21.8

11.69

7.53

6.34

0.84

AA+, AA, AA(CE), IND AA, AA-, AA-(CE) AAA, SOV A+(CE), A- Net Current Assets

TREP & Term Deposits & Rev.Repo Unrated


Load Structure

b) If units redeemed or switched out are in excess of the limit within 6 months from the date of allotment: 1%

Additional Purchase: `1000 & in multiples of `1.for purchases and for `0.01 for switches.Ideal Investment Horizon: 2.5 years & above


The investment objective of the scheme is to generate regular income and capital appreciation by investing in a portfolio of medium term debt and money market instruments. There is no assurance or ...guarantee that the investment objective of the scheme will be achieved.


Exit Load: a) For redemption / switch out of upto 3% of the initial investment amount (limit) purchased or switched in within 6 months from the date of allotment: Nil.



Quarterly (20th of Mar, Jun, Sep and Dec of every Year), Annually (12th of March)

Ratios

Dividend Frequency

Minimum Investment AmountInitial Purchase: ̀ 5,000/- and in multiples of 1 for purchases and for ̀ 0.01 for switches.


c) If units are redeemed or switched out on or after 6 months from the date of allotment: NIL


Average Maturity

Modified Duration

Portfolio Yield

3.78 yrs

2.63 yrs

6.99%


This product is suitable for investors who are seeking*:• Income over a medium term investment horizon• Investment in debt, government securities & money

market instruments with portfolio Macaulay duration between 3 years & 4 years

41


Low

Medium

HighAn open-ended medium term debt scheme investing in instrumentssuch that the macaulay duration of the portfolio is between 3 years and 4 years

KOTAK MEDIUM TERM FUND

Product Label

AAUM: crs`2,180.02


AUM: `2,188.33 crs

Benchmark: NIFTY Medium Duration Debt Index


Folio count: 12,653



PORTFOLIO

The Indian Hotels Company Ltd. CARE AA 0.14

Rural Electrification Corporation Ltd. CRISIL AAA 4.80


Punjab & Sind Bank (Basel III TIER I Bonds) ICRA A- 7.00

Punjab National Bank (Basel III TIER I Bonds) CARE AA- 3.20

Nuvoco Vistas Corporation Ltd. ( ) CRISIL AA 2.26

Zuvan Energy Pvt. Ltd. # CARE AA(CE) 0.20

Steel Authority of India Ltd. FITCH IND AA- 0.03

U P Power Corporation Ltd ( Guaranteed By UP State Government ) CRISIL A+(CE) 3.35

Oberoi Realty Limited ( ) (^) CARE AA+ 3.40

Embassy Office Parks Reit ( ) CRISIL AAA 2.26

Pratyash Renewable Pvt. Ltd. # CARE AA(CE) 0.20Elena Renewable Energy Pvt. Ltd. # CARE AA(CE) 0.20

Bank Of Baroda ( ) (Basel III TIER I Bonds) CRISIL AA+ 2.35

Punjab National Bank (Basel III TIER II Bonds) CRISIL AA+ 1.13

National Bank for Agriculture & Rural Development ICRA AAA 0.16


State Bank Of India. (Basel III TIER II Bonds) CRISIL AAA 2.77

Coastal Gujarat Power Ltd. ( Guarenteed by TATA Power Co. Ltd ) (^) CARE AA(CE) 6.77

National Highways Authority Of India ( ) CRISIL AAA 0.67

Corporate Guarantee of Vedanta Ltd.) CRISIL AA-(CE) 2.54

Canara Bank ( ) (Basel III TIER I Bonds) CRISIL AA 2.26


Shreyas Renwable Energy Pvt. Ltd. # CARE AA(CE) 0.20

Power Finance Corporation Ltd. ( ) CRISIL AAA 1.13

SEI Enerstar Renewable Energy Pvt. Ltd. # CARE AA(CE) 0.20


ONGC Petro Additions Ltd. ICRA AAA(CE) 1.10

Divyesh Power Pvt. Ltd. # CARE AA(CE) 0.20

Sikka Ports & Terminals Ltd. ( Mukesh Ambani Group ) CRISIL AAA 0.97

Talwandi Sabo Power Ltd. ( Unconditional and Irrevocable

Indian Railway Finance Corporation Ltd. CRISIL AAA 1.86


National Highways Authority Of India(^) CRISIL AAA 2.33

SEI Baskara Power Pvt. Ltd. # CARE AA(CE) 0.20

Kotak Mahindra Prime Ltd. CRISIL AAA 2.05

Aashman Energy Pvt. Ltd. # CARE AA(CE) 0.20Aarish Solar Power Ltd. # CARE AA(CE) 0.20


IOT Utkal Energy Services Ltd. CRISIL AAA 0.01

Triparty Repo 11.61Net Current Assets/(Liabilities)^^ 98.98


SEI Mihir Energy Pvt. Ltd. # CARE AA(CE) 0.13

Treasury Bills

Net Current Assets/(Liabilities)^^ 2.95Grand Total 100.00

Muthoot Finance Ltd. ICRA AA 0.03

Corporate Debt/Financial Institutions - Total 30.56



6.97% State Government-Maharashtra SOV 1.37

Mutual Fund Units

Brookfield India Real Estate Trust Construction 1.02Debt Instruments Debentures and Bonds Government Dated Securities 7.20% State Government-Maharashtra SOV 4.676.33% State Government(^)-Tamil Nadu SOV 2.17

6.44% State Government-Gujarat SOV 0.891.44% Central Government SOV 0.80

Government Dated Securities - Total 11.58

6.22% State Government-Kerala SOV 1.11


6.53% State Government-Tamil Nadu SOV 0.57

Power Finance Corporation Ltd.(^) CRISIL AAA 7.69

# (Solar power generating SPV of Greenko Group with offtaker as NTPC & secured by corporate guarantee of Greenko Energies Pvt. Ltd.)


Low High

Low

to

Moder

ate


High

Very H

ighLo

w


42

An open-ended medium term debt scheme investing in instruments such that the macaulay duration of the portfolio is between 3 years and 4 years

KOTAK MEDIUM TERM FUND

Scheme Inception : - March 21, 2014. 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 Medium Term Fund NAV as on February 28, 2021: ̀ 17.1971 (Growth Option), ̀ 18.3072 (Direct Growth Option), ̀ 10.4918 (Quarterly Dividend), ̀ 10.7119 (Direct Quarterly Dividend), ̀ 10.9592 (Annual Dividend), `18.3069 (Direct Annual Dividend).

(^) Fully or Party blocked against Interest Rate Swap (IRS) Hedging Position through Interest Rate Swaps as on 28 Feb 2021 is 22.94% of the net assets.Alpha is difference of scheme return with benchmark return.


ALLOCATION (%)

RATING PROFILE (%)

ISIN Name of the Security Value Recognised inNAV(Rs. In Lacs)

% toNet Assets

Total Security Value(Rs. In Lacs)

INE528G0839409.00% Yes Bank Ltd. (Basel III Tier I)

Perpetual Call-18/10/2022 (L) 0.00 0.00 4427.34

^Încludes Securities Below Investment grade or Default



Nifty Medium Duration Index Returns (%)

Scheme Returns (%)

Nifty Medium Duration Index ( )#`


Alpha





8.60 8.55 9.38 5.75

8,40,000 6,00,000 3,60,000 1,20,000

7.11 6.51 6.54 5.71

-1.49 -2.04 -2.83 -0.05

11,39,747 7,43,613 4,14,174 1,23,616

10,88,846 7,12,826 4,03,787 1,20,790

7.32 6.85 7.64 1.25

Since Inception 5 years 3 years 1 year

10,80,905 7,06,759 3,97,278 1,23,587

Total - 0.00 0.00 4427.34

72.3911.61

11.582.95

1.02

Debentures and Bonds TREP & Term Deposits & Rev.Repo Government Dated SecuritiesNet Current Assets Unrated Treasury Bills

0.45

48.03 26.04 11.61 10.35 2.95 1.02

AAA, AAA(CE), SOV AA+, AA, AA(CE), AA-, AA-(CE), IND AA- TREP & Term Deposits & Rev.Repo

A+(CE), A- Net Current Assets Unrated

43

Mutual Fund Units Mutual Fund Units - Total 0.57


Estate Trust Construction 0.57Debt Instruments

6.22% Central Government SOV 10.60Government Dated Securities

6.52% State

Brookfield India Real


Government-Karnataka SOV 5.924.70% Central Government SOV 3.227.20% StateGovernment-Maharashtra SOV 2.866.44% State


Government-Kerala SOV 1.816.33% State


6.22% State

6.62% StateGovernment-Uttar Pradesh SOV 1.097.25% State

6.89% StateGovernment-Bihar SOV 0.926.53% State




1.44% Central Government SOV 0.666.46% StateGovernment-Gujarat SOV 0.367.16% Central Government SOV 0.15

6.12% State

Food Corporation of India ( ) ICRA AAA(CE) 4.48

Government DatedSecurities - Total 36.35

Corporation Ltd. CRISIL AAA 5.74Power FinancePublic Sector Undertakings





( Guarenteed by TATA

(Basel III TIER I Bonds) FITCH IND AA 0.69


Power Finance

Bill 07/05/2021 SOV 1.96



Authority Of India ( ) (^) CRISIL AAA 4.00Rural ElectrificationCorporation Ltd.(^) CRISIL AAA 3.76


Union Bank of India

Power Co. Ltd ) CARE AA(CE) 3.27

Sikka Ports & Terminals Ltd.( Mukesh Ambani Group ) CRISIL AAA 0.99

National Highways

Bank Of Baroda


Authority Of India(^) CRISIL AAA 0.58

Coastal Gujarat Power Ltd.

Public Sector

Jamnagar Utilities &




Corporate Debt/

& Rural Development ( ) (^) ICRA AAA 3.55

National Highways



Institutions - Total 7.68Treasury Bills 182 Days TreasuryBill 06/05/2021 SOV 5.20364 Days Treasury

Treasury Bills - Total 7.53Triparty Repo 12.14

Net Current Assets/(Liabilities) 2.78Net Current Assets/(Liabilities) 0.57Grand Total 100.00





• Income over a medium term investment horizon• Investment in debt & money market securities across

durations.


Ratios


The investment objective of the Scheme is to maximise returns through an active management of a portfolio of debt and money market securities. There is no assurance or guarantee that the investment objective of the scheme will be achieved.

A)Regular Plan B)Direct Plan

Exit Load: Nil

Monthly Dividend Payout & Reinvestment (12th of every Month) (w.e.f June 1, 2017), Q u a r t e r l y D i v i d e n d P a y o u t a n d Reinvestment (20th of March, June, September and December of every year) (applicable for all plans)

Dividend Frequency

Minimum Investment AmountInitial Investment: ̀ 5000 and in multiple of `1 for purchase and for ̀ 0.01 for switchesAdditional Investment: `1000 & in multiples of ̀ 1Ideal Investment Horizon: 2-3 years

Load Structure



(applicable for all plans)


Options: Dividend Payout, Dividend ..........Reinvestment & Growth


Average Maturity

Modified Duration

Portfolio Yield

7.06 yrs

4.22 yrs

6.12%

KOTAK DYNAMIC BOND FUNDMaturityShort Medium Long Volatility

Low

Medium

HighAn open-ended dynamic debt scheme investing across duration

Product Label

Benchmark: Nifty Composite Debt

Folio count: 31,283



AAUM: `2,719.71 crs

AUM: `2,680.69 crs

Index



PORTFOLIO

ALLOCATION (%)

RATING PROFILE (%)

# Benchmark ; ̂ Additional Benchmark.Alpha is difference of scheme return with benchmark return.


Scheme Inception : - May 26, 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 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.

(^) Fully or Party blocked against Interest Rate Swap (IRS) Hedging Position through Interest Rate Swaps as on 28 Feb 2021 is 22.38% of the net assets.Kotak Dynamic Bond Fund NAV as on February 28, 2021: ̀ 28.6696 (Growth Option), ̀ 30.1605 (Direct Growth Option), ̀ 10.9332 (Quarterly Dividend), ̀ 10.7521 (Direct Quarterly Dividend), ̀ 21.332 (Regular Monthly Dividend), ̀ 21.9682 (Direct Monthly Dividend)







Scheme Returns (%)


Alpha

Nifty Composite Debt Index ( )#`


Nifty Composite Debt Index Returns (%)

7.00 7.35 7.32 6.85 7.64 1.25

15,40,000 12,00,000 8,40,000 6,00,000 3,60,000 1,20,000

27,89,442 19,00,576 11,44,784 7,42,240 4,10,030 1,22,438

8.47 8.62 8.51 8.38 9.21 4.40

27,22,268 18,71,403 11,36,192 7,40,435 4,13,142 1,22,770

0.35 0.29 0.21 0.10 -0.52 -0.53


8.82 8.91 8.72 8.47 8.69 3.87

24,58,438 17,50,734 10,89,040 7,12,826 4,03,787 1,20,790



Low High

Low

to

Moder

ate


High

Very H

ighLo

w


40.63 36.35 12.14 7.53 2.78 0.57

Debentures and Bonds Government Dated Securities TREP & Term Deposits & Rev.Repo

Treasury Bills Net Current Assets Unrated

76.95 12.14 7.56 2.78 0.57

AAA, AAA(CE), SOV TREP & Term Deposits & Rev.Repo AA+, AA(CE), IND AA

Net Current Assets Unrated

The investment objective of the Scheme is to create a portfolio of debt instruments such as bonds, debentures, Government Securities and money market instruments, including repos in permitted securities of different maturities, so as to spread the risk across different kinds of issuers in the debt markets. There is no assurance that the investment objective of the Scheme will be achieved.


Dividend FrequencyQuarterly (20th of Mar/Jun/Sep/Dec), Half Yearly (20th of Mar/Sept), Annual (12th of Mar) (applicable for all plans)

A) Regular Plan B) Direct PlanAvailable Plans/Options


Ratios

Additional Investment: ̀ 1000 & in multiples of ̀ 1Ideal Investments Horizon: 2-3 yearsLoad Structure

b) For redemptions/switch outs (includingSIP/STP) after 3 months from the date of



allotment of units: Nil


Note: The aforesaid revised exit load structure will be applicable only on a prospective basis for Units purchased /SIP/STP registered on or after February 22, 2018.


Exit Load: a) For redemptions/switch outs (including SIP/STP) within 3 months from the date of allotment of units: 0.20%


Average Maturity

Modified Duration

Macaulay Duration

7.74 yrs4.28 yrs

4.44 yrs

• Income over a long investment horizon


• Investment in debt & money market securities with a portfolio Macaulay duration between 4 years & 7 years.



(STRIPS) SOV 0.31

(STRIPS) SOV 0.29

(STRIPS) SOV 0.28

(STRIPS) SOV 0.47

6.60% State

(STRIPS) SOV 0.32

GS CG 15/12/2032 -


8.16% State

GS CG 15/06/2038 -

(STRIPS) SOV 0.32

(STRIPS) SOV 0.33

GS CG15/12/2038 -

GS CG 15/12/2031-

GS CG 15/06/2039 -

GS CG 23/12/2030 -

GS CG 23/12/2031 -


8.24% State

GS CG 15/12/2039 -

6.40% State

Government-Andhra Pradesh SOV 4.71








GS CG 23/12/2025 -

(STRIPS) SOV 0.46

6.57% State


(STRIPS) SOV 0.51

GS CG 23/6/2030 -

(STRIPS) SOV 0.29

GS CG 23/6/2032 -

(STRIPS) SOV 0.28


Government

Debt Instruments

Dated Securities


Ptc 20-11-2021 (C)

Triparty Repo 29.34


Net Current Assets/

National Highways

Authority Of India CRISIL AAA 0.11

Union Bank of India ( )

Mobil Trust Series-07

Public Sector



Grand Total 100.00

(Mobil Trust Series - 07) CRISIL AAA(SO) 0.27


(Liabilities) -7.07

Corporate Debt/

GS CG 23/12/2038 -

Undertakings

GS CG 15/12/2040 -

(STRIPS) SOV 0.27

GS CG 23/12/2032 -

(STRIPS) SOV 0.27

GS CG 23/6/2038 -

(STRIPS) SOV 0.18

GS CG 23/6/2039 -

(STRIPS) SOV 0.17

(STRIPS) SOV 0.17

GS CG 23/6/2040 -

(STRIPS) SOV 0.16

GS CG 23/12/2039 -

(STRIPS) SOV 0.16

Government Dated


Public Sector

Power Finance


Canara Bank


National Bank for

Agriculture & Rural

Development ( ) ICRA AAA 4.50

44


Low

Medium

HighAn open-ended medium term debt scheme investing in instruments such that themacaulay duration of the portfolio is between 4 years and 7 years

KOTAK BOND FUND

Product Label

Folio count: 6,065

Fund Manager: Mr. Abhishek Bisen*

Benchmark: NIFTY Medium to

AAUM: crs`1,510.17

Long Duration Debt Index

AUM: `1,329.10 crs





Portfolio Yield 5.65%


Low High

Low

to

Moder

ate


High

Very H

ighLo

w


ALLOCATION (%)

RATING PROFILE (%)

54.72 29.34 23.01-7.07

Government Dated Securities TREP & Term Deposits & Rev.Repo Debentures and Bonds Net Current Assets

73.86 29.34 3.87-7.07

AAA, AAA(SO), IND AAA, SOV TREP & Term Deposits & Rev.Repo AA+ Net Current Assets

An open-ended medium term debt scheme investing in instruments such that the macaulay duration of the portfolio is between 4 years and 7 years

KOTAK BOND FUND

45

Kotak Bond Fund NAV as on February 28, 2021: `59.9164 (Growth Option), `64.2507 (Direct Growth Option), `12.7083 (Quarterly Dividend), `17.3892 (Direct Quarterly Dividend), `36.7087 (Annual Dividend), `23.1423 (Direct Annual Dividend)*For Fund Manager experience, please refer page 68-70. **Total Expense Ratio includes applicable B30 fee and GST. For scheme performance, please refer page no 60-67. For last three dividends, please refer page no 71-73.

Scheme Inception : - November 25,1999. 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. Alpha is difference of scheme return with benchmark return.



Nifty Medium to Long Duration Debt Index Returns (%)



Scheme Returns (%)

Nifty Medium to Long Duration Debt Index ( )#`




Alpha


25,60,000 12,00,000 8,40,000 6,00,000 3,60,000 1,20,000

65,98,963 17,86,909 10,96,729 7,21,698 4,07,910 1,22,025

8.11 7.74 7.52 7.35 8.34 3.21

NA 8.48 8.40 8.22 9.12 3.73

NA -0.74 -0.88 -0.87 -0.79 -0.52

NA 18,57,561 11,31,729 7,37,507 4,12,647 1,22,350

NA 17,50,734 10,89,040 7,12,826 4,03,787 1,20,790

NA 7.35 7.32 6.85 7.64 1.25


C) Regular Direct Plan,


Dividend Frequency

D) PF & Trust Direct Plan.

Ratios


Entry Load: (a) Regular Plan - Entry: Nil. (b) PF & Trust Plan - Entry: Nil. (applicable for all plans)

The objective of the Plan is to generate risk-free returns through investments in sovereign securities issued by the Central Government ...and/or State Government(s) and/or any security unconditionally guaranteed by the Government of India, and/or reverse repos in such securities as and when permitted by RBI. A portion of the fund may be invested in Reverse repo, CBLO and/or other similar instruments as may be notified to meet the day-to-day liquidity requirements of the Plan. To ensure total safety of Unit holders' funds, the Plan does not invest in any other securities such as shares, debentures or bonds issued by any other entity. The Fund will seek to underwrite issuance of Government Securities if and to the extent permitted by SEBI/RBI and subject to the prevailing rules and regulations specified in this respect and may also participate in their auction from time to time. Subject to the maximum amount permitted from time to time, the Plan may invest in securities abroad, in the manner allowed by SEBI/RBI in conformity with the guidelines, rules and regulations in this respect. There is no assurance that the investment objective of the Plan will be achieved. It is however ...........emphasized, that investments under the Plan are made in Government Securities, where there is no risk of default of payment in principal or interest amount.

Quarterly (20th of Mar/Jun/Sep/Dec)


Available Plans/OptionsA) Regular Non Direct Plan,

Additional Investment: ̀ 1000 & in multiples of ̀ 1Ideal Investments Horizon: 2-3 years


Options: Dividend Payout, Dividend .........Reinvestment & Growth (applicable for all plans)

B) PF & Trust Non Direct Plan,

Load Structure

Exit Load: (a) Regular Plan - Exit: Nil. (b) PF&Trust Plan-Exit: Nil. (applicable for all plans)



• Investment in sovereign securities issued by the Central and/or State Government(s) and/or reverse repos in such securities

This product is suitable for investors who are seeking*:• Income over a long investment horizon

GS CG 15/06/2038 - (STRIPS) SOV 0.19



GS CG 23/12/2025 - (STRIPS) SOV 0.24



GS CG 15/12/2031 - (STRIPS) SOV 0.30


GS CG 23/6/2030 - (STRIPS) SOV 0.17

6.57% State

Government

Dated Securities




6.60% State



GS CG 15/12/2032 - (STRIPS) SOV 0.28

GS CG15/12/2038 - (STRIPS) SOV 0.18

GS CG 15/06/2039 - (STRIPS) SOV 0.17

GS CG 15/12/2039 - (STRIPS) SOV 0.17

GS CG 23/12/2030 - (STRIPS) SOV 0.17

6.68% State

GS CG 23/12/2032 - (STRIPS) SOV 0.14


Government-Haryana SOV 0.16

GS CG 23/6/2039 - (STRIPS) SOV 0.09

GS CG 23/6/2038 - (STRIPS) SOV 0.09

GS CG 23/6/2040 - (STRIPS) SOV 0.08

GS CG 23/12/2039 - (STRIPS) SOV 0.08

Government Dated

GS CG 23/12/2031 - (STRIPS) SOV 0.15

GS CG 23/12/2038 - (STRIPS) SOV 0.09

GS CG 23/6/2032 - (STRIPS) SOV 0.14

GS CG 15/12/2040 - (STRIPS) SOV 0.16


Treasury Bills

364 Days Treasury

Bill 20/05/2021 SOV 20.60


Triparty Repo 3.15

Net Current Assets/

(Liabilities) 0.89

6.78% State

Grand Total 100.00


Low

Medium

HighAn open-ended debt scheme investing in government securities across maturity

KOTAK GILT FUND


AUM: `964.09 crs

Folio count: 5,659

G-Sec IndexBenchmark: Nifty All Duration

December 29, 1998;

AAUM: crs`965.80

Allotment date: Regular Plan -

PF & Trust Plan - November 11, 2003

Product Label



ALLOCATION (%)

RATING PROFILE (%)

Kotak Gilt Fund NAV as on February 28, 2021: `74.9866 (Regular-Growth), `81.355 (Regular-Growth-Direct), `14.6525 (Quarterly-Dividend), `18.3735 (Quarterly-Dividend Direct), ̀ 76.7159 (PF & Trust-Growth), ̀ 83.3199 (PF & Trust-Growth Direct), ̀ 11.7373 (PF & Trust-Quarterly Dividend )*For Fund Manager experience, please refer page 68-70. **Total Expense Ratio includes applicable B30 fee and GST. For scheme performance, please refer page no 60-67. For last three dividends, please refer page no 71-73.


46

$Standard DeviationA)Regular PlanB) PF & Trust Plan

4.95%4.95%

Modified Duration

Portfolio Yield

5.04 yrs

5.67%



Low High

Low

to

Moder

ate


High

Very H

ighLo

w


75.36 20.6 3.15 0.89

Government Dated Securities Treasury Bills TREP & Term Deposits & Rev.Repo Net Current Assets

95.963.15

0.89

SOV TREP & Term Deposits & Rev.Repo Net Current Assets

AXIS Bank Ltd. 1.16

Aashman Energy Pvt. Ltd.


AXIS Finance Ltd. 0.34Aarish Solar Power Ltd.( Solar power generating SPV of Greenko Group with offtaker as NTPC & secured by corporate guarantee ofGreenko Energies Pvt. Ltd. ) 0.01

( Solar power generating SPV of Greenko Group with offtaker as NTPC & secured by corporate guarantee of

Bajaj Housing Finance Ltd. 0.81

Greenko Energies Pvt. Ltd. ) 0.01

Bandhan Bank Limited 0.23


Bank Of Baroda 0.68

Bharti Airtel Ltd. 0.57Bharti Hexacom Ltd. 0.15Bharti Telecom Ltd. 0.63Bhopal Dhule Transmission Company Ltd. ( Operational power transmission project ) 0.14

Adani Ports and Special Economic Zone Limited 0.76

Barclays Investments & Loan (India) Ltd. 0.07

Aditya Birla Finance Ltd. 0.42

Birla Corporation Ltd. 0.03Birla Group Holding Private Limited 0.23Brookfield India Real Estate Trust- Units 0.06

Bahadur Chand Investments Private Limited 0.23

Can Fin Homes Ltd. 0.15

India Grid Trust - NCDs 0.05

Indian Oil Corporation Ltd. 0.19

Canara Bank 0.69

Embassy Office Parks REIT - NCDs/ZCBs 0.49

Coastal Gujarat Power Ltd. ( Guarenteed by TATA Power Co. Ltd ) 0.32


HPCL Mittal Energy Ltd. 0.07

ICICI Securities Limited 0.07

Food Corporation of India (Guaranteed by Govt. of India) 0.24

Daimler Financial Services India 0.22

Deutsche Investments India Pvt. Ltd. 0.04

Grasim Industries Ltd. 0.30

Hindalco Industries Ltd. 0.00Hindustan Petroleum Corporation Ltd. 0.04

ICICI Home Finance Company Limited 0.02

IIFL Facilities Services Limited 0.15IIFL Home Finance Ltd. 0.09IIFL Wealth Management Ltd. 0.15

Cholamandalam Investment and Finance Company Ltd. 0.30


Elena Renewable Energy Pvt. Ltd.


Chennai Petroleum Corporation Ltd. 0.45Central Government 19.80

Dalmia Cement (Bharat) Ltd 0.09

First Business Receivables Trust ( Originator Reliance Industries Ltd ) 0.27


Fullerton India Credit Co. Ltd. 0.17

Hero FinCorp Ltd. 0.22

Divyesh Power Pvt. Ltd.


HDB Financial Services Ltd. 1.10

Export-Import Bank of India 0.51

Godrej Properties Limited 0.18

IDFC First Bank Limited 0.38

Hindustan Zinc Ltd. 0.91

HDFC Ltd. 4.90

IOT Utkal Energy Services Ltd. 0.00

Indian Bank 0.31

Indian Railway Finance Corporation Ltd. 1.28

Indus Towers Ltd. 0.38

JM Financial Capital Ltd. 0.13

Indostar Capital Finance Limited 0.11

JM Financial Credit Solutions Ltd. 0.02JM Financial Products Limited 0.51Jamnagar Utilities & Power Private Limited ( Mukesh Ambani Group ) 0.49

IndusInd Bank Ltd. 0.09

Julius Baer Capital (India) Pvt. Ltd 0.04Kotak Mahindra Bank Ltd. 0.01Kotak Mahindra Prime Ltd. 0.56L & T Finance Ltd. 0.01L & T Housing Finance Ltd. 0.08

Mobil Trust Series - 08 ( Originator Shriram City Union Finance Ltd ) 0.01

Mangalore Refinery and Petrochemicals Ltd. 0.58

Muthoot Finance Ltd. 0.90

Larsen and Toubro Ltd. 0.15

Motilal Oswal Financial Services Limited 0.08

Mindspace Business Parks REIT - NCDs 0.15

Mahindra & Mahindra Financial Services Ltd. 0.25

L & T Infrastructure Finance Company Ltd. 0.22LIC Housing Finance Ltd. 2.35

Manappuram Finance Ltd. 0.25

Mobil Trust Series - 07 ( Originator Shriram City Union Finance Ltd ) 0.03

47

Details of exposure across all Debt Funds of Kotak Mahindra Mutual Fund as on February 28, 2021

Issuer Name %age of Exposure to Debt AUM $

Issuer Name

Industry / Sector %age of Exposure to Debt AUM $

NBFC 9.52

BANK 7.38

Total 100.00

CASH (TREP/REVERSE REPO) 13.02CORPORATES 18.06

GOI/TBILLS 27.84FINANCIAL SERVICES 24.18

48

%age of Exposure to Debt AUM $

Rent A Device Trust ( Underlying customer Reliance Retail ) 0.20

SEI Baskara Power Pvt. Ltd.

NLC India Ltd. (Formerly known as Neyveli Lignite Corporation Ltd.) 0.23

National Highways Authority Of India 0.35National Thermal Power Corporation Ltd. 1.97

PNB Housing Finance Ltd. 0.04

Power Finance Corporation Ltd. 3.25

National Fertilizers Ltd. 0.23

Power Grid Corporation of India Ltd. 0.12

Phoenix ARC Pvt Ltd 0.04

Reliable Devices Trust ( Underlying customer Reliance Retail ) 0.23

Network18 Media & Investments Ltd. 0.04

National Bank for Agriculture & Rural Development 5.10

Oberoi Realty Limited 0.13

Nabha Power Ltd. ( Guaranteed by Larsen & Toubro Ltd ) 0.84

Nuvoco Vistas Corporation Ltd. 0.14ONGC Petro Additions Ltd. 0.15

National Cooperative Development Corporation 0.07

PNB Gilts Ltd. 0.15

Punjab National Bank 0.36

( Solar power generating SPV of Greenko Group with offtaker as NTPC & secured by corporate guarantee ofPratyash Renewable Pvt. Ltd.



NHPC Ltd. 0.00

Punjab & Sind Bank 0.26

Reliance Retail Ventures Ltd 0.26

Rural Electrification Corporation Ltd. 3.31


Sharekhan BNP Paribas Financial Services Pvt. Ltd. 0.08

SEI Enerstar Renewable Energy Pvt. Ltd.

Shreyas Renwable Energy Pvt. Ltd.

Shriram City Union Finance Ltd. 0.06


Sikka Ports & Terminals Ltd. ( Mukesh Ambani Group ) 0.90

Standard Chartered Investment & Loan India Ltd. 0.11

Steel Authority of India Ltd. 0.00

( Solar power generating SPV of Greenko Group with offtaker as NTPC & secured by corporate guarantee ofGreenko Energies Pvt. Ltd. ) 0.01SEI Mihir Energy Pvt. Ltd.


Greenko Energies Pvt. Ltd. ) 0.00SP Jammu Udhampur Highway Ltd. ( Operational road project with annuity from NHAI ) 0.05



Small Industries Development Bank Of India 0.42

State Bank Of India. 2.19State Government 8.04

Sundaram Finance Ltd. 0.64TREP/REVERSE REPO 13.02Talwandi Sabo Power Ltd. (Guaranteed by Vedanta Ltd.) 0.27Tata Capital Financial Services Limited 1.13Tata Capital Housing Finance Ltd. 0.12

YES Bank Ltd. 0.00

Tata Power Company Ltd. 0.06

U P Power Corporation Ltd ( Guaranteed By UP State Government ) 0.14

Tata Sons Private Ltd. 0.19

( Solar power generating SPV of Greenko Group with offtaker as NTPC & secured by corporate guarantee ofGreenko Energies Pvt. Ltd. ) 0.01

The Indian Hotels Company Ltd. 0.04


Vedanta Ltd. 0.01

Tata Projects Ltd. 0.18

Zuvan Energy Pvt. Ltd.

Tata Steel Ltd. 0.45

Union Bank of India 0.51

Total 100.00

Key Credit Brief provides the Key Highlights for select counterparties in our portfolio.

For viewing this on the desktop please visit: Kotak MF website>> Market & Funds >> Fund Updates >> Key Credit Brief. Also you can scan the QR code for Key Credit Brief.

Please for the updated Key Credit Brief.click here

https://www.kotakmf.com/creditbrief/

Investment ObjectiveThe investment objective of the scheme is to generate returns by investing inunits of Kotak Gold Exchange Traded Fund


Options: Dividend Payout,Dividend Reinvestment & Growth (applicable for all plans)




Regular:0.55%; Direct: 0.15%

within 1 year from date of allotment.




Exit Load: a) 1% if redeemed/switch-out

b) Nil if redeemed/switch-out after 1 year from the date of allotment.

Load Structure


Kotak Gold ETF Mutual Fund 98.20

Kotak Mutual Fund -

Mutual Fund Units

Mutual Fund Units - Total 98.20Grand Total 100.00

Net Current Assets/

Triparty Repo 1.86

(Liabilities) -0.06

This product is suitable for investors who are seeking*:• Returns in line with physical gold over medium to long

term, subject to tracking error• Investment in physical gold* Investors should consult their financial advisors if in doubt about whether the product is suitable for them.

An open ended fund of fund scheme investing in units ofKotak Gold Exchange Traded Fund

KOTAK GOLD FUND



PORTFOLIO


AAUM: `809.96 crs

Folio count: 65,925

AUM: `807.52 crs


Benchmark: Price of Gold


*For Fund Manager experience, please refer page 68-70. **Total Expense Ratio includes applicable B30 fee and GST. For scheme performance, please refer page no 60-67.Kotak Gold Fund NAV as on February 28, 2021: ̀ 19.068 (Dividend Option), ̀ 19.7747 (Direct Dividend Option), ̀ 19.068 (Growth Option), ̀ 19.7749 (Direct Growth Option)

Product Label


49

RATING PROFILE (%)

Low High

Low

to

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High

Very H

ighLo

w


98.2 1.86-0.06

Mutual Fund TREP & Term Deposits & Rev.Repo Net Current Assets

98.2 1.86-0.06

Unrated TREP & Term Deposits & Rev.Repo Net Current Assets

To generate long-term capital appreciation from a portfolio created by investing in specified open-ended equity, and debt schemes of Kotak Mahindra Mutual Fund. However, there is no assurance that the investment objective of the Scheme will be realized.

Load Structure

Exit Load: a) 1% if exit before 1 year from date of allotment.


Options: Dividend Payout,Dividend Reinvestment &


Growth (applicable for all plans)



Minimum Investment AmountInitial Investment: `5000 and in multiple of `1 for purchase and for ̀ 0.01 for switchesAdditional Investment: ̀ 1000 & in multiples of ̀ 1Ideal Investment Horizon: 5 years & above


Exit Load shall be applicable incase of switch from Regular Plan (where broker code is mentioned) to Direct Plan

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.

b) Nil if exit after 1 year from the date of allotment.

Exit Load shall not be applicable:

Total Expense Ratio**Regular:0.70%; Direct: 0.30%

Liquid Scheme DirectMutual Fund Units

Plan Growth 25.60Kotak Equity Arbitrage Fund



Kotak Small Cap FundDirect Growth 9.18Kotak Equity OpportunitiesFund Direct Growth 7.83

Kotak Emerging Equity FundDirect Growth 13.80


Grand Total 100.00

Triparty Repo 4.03

(Liabilities) 0.46

Net Current Assets/

Direct Growth 6.19

Kotak Mahindra Overnight

Fund Direct Plan Growth 7.45

Kotak Low Duration Fund 7.14

Kotak Infrastructure &

Economic Reform Fund


• Investment in open-ended diversified equity schemes and debt schemes of Kotak Mahindra Mutual Fund


An open-ended fund of fund scheme investing in specifiedopen-ended equity, and debt schemes of Kotak Mahindra Mutual Fund

KOTAK ASSET ALLOCATORFUND

Investment style For Equity:


Large

Medium

Small

Maturity For Debt:


Low

Medium

High



PORTFOLIO


AAUM: `146.40 crs Mr. Arjun Khanna*

Composite Debt 50:50 Index

Benchmark: NIFTY 50 Hybrid AUM: `161.33 crs

Folio count: 9,224Allotment date: August 9, 2004


*For Fund Manager experience, please refer page 68-70. **Total Expense Ratio includes applicable B30 fee and GST. For scheme performance, please refer page no 60-67. For last three dividends, please refer page no 71-73.Kotak Asset Allocator Fund NAV as on February 28, 2021: ̀ 110.251 (Dividend Option), ̀ 115.771 (Direct Dividend Option), ̀ 113.264 (Growth Option), ̀ 117.893 (Direct Growth Option)

Product Label


50

Low High

Low

to

Moder

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High

Very H

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95.514.03

0.46

Unrated TREP & Term Deposits & Rev.Repo Net Current Assets


Dividend Reinvestment &

Trustee’s DiscretionDividend Frequency

b) For exit after 1 year from the date of Allotment of units: Nil


Investment ObjectiveThe investment objective of the scheme is to provide long-term capital appreciation by investing in an overseas mutual fund scheme that invests in a diversified portfolio of securities as prescribed by SEBI from time to time in global emerging markets. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.


Options: Dividend Payout,

Growth (applicable for all plans)





Exit Load: a) For exit within 1 year from the date of allotment of units: 1%.


Signature EmergingMarkets Fund - 974 Overseas Mutual Fund 95.61

Mutual Fund Units Equity & Equity related


Triparty Repo 5.64

Net Current Assets/

(Liabilities) -1.25

Grand Total 100.00



• Investment in overseas mutual fund schemes that invest in a diversified portfolio of securities in global emerging markets


An open-ended fund of fund scheme investing in overseas mutual fundschemes investing in global emerging markets

KOTAK GLOBAL EMERGING MARKET FUNDInvestment style


Large

Medium

Small



PORTFOLIO


Kotak Global Emerging Market Fund NAV as on February 28, 2021: ̀ 23.424 (Dividend Option), ̀ 24.955 (Direct Dividend Option), ̀ 23.423 (Growth Option), ̀ 24.85 (Direct Growth Option)*For Fund Manager experience, please refer page 68-70. **Total Expense Ratio includes applicable B30 fee and GST. For scheme performance, please refer page no 60-67.

AUM: `128.61 crs

AAUM: `133.19 crs


Folio count: 20,836

Benchmark: MSCI Emerging Market index

Fund Manager: Mr. Arjun Khanna*

Product Label


51

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Low

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High

Very H

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95.61 5.64-1.25

Overseas Mutual Fund TREP & Term Deposits & Rev.Repo Net Current Assets




b) For exit after 1 year from the date of Allotment of units: Nil



The investment objective of the scheme is to provide long-term capital appreciation and income by investing in units of SMAM ASIA REIT Sub Trust fund and/or other similar overseas REIT funds. However, there can be no assurance that the investment objective of the Scheme will be realized.




Exit Load: a) For exit within 1 year from the date of allotment of units: 1%.


Dividend Frequency

Available Plans/OptionsA) B) Direct Plan Regular Plan


SMAM ASIA REIT Sub Trust Overseas Mutual Fund 95.60


Mutual Fund Units

Mutual Fund

Units - Total 95.60


• Long term capital appreciation and income by investing in units of SMAM ASIA REIT Sub Trust Fund and/or other similar overseas REIT funds.



An open-ended fund of fund scheme investing in units of SMAM ASIA REIT Sub Trust Fundand/or other similar overseas REIT funds.



PORTFOLIO

*For Fund Manager experience, please refer page 68-70. **Total Expense Ratio includes applicable B30 fee and GST.Kotak International REIT FOF NAV as on February 28, 2021: ̀ 9.5884 (Dividend Option), ̀ 9.6044 (Direct Dividend Option), ̀ 9.5884 (Growth Option), ̀ 9.6044 (Direct Growth Option)

52

Japan REIT Total Return

Folio count: 10,546

Fund Manager: Mr. Arjun Khanna*

AAUM: `151.41 crs

AUM: `152.23 crs

Benchmark: S&P Asia Pacific ex

Index.


Product Label


Triparty Repo 4.47

Grand Total 100.00

Net Current Assets/

(Liabilities) -0.07

Low High

Low

to

Moder

ate


High

Very H

ighLo

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KOTAK INTERNATIONAL REIT FOF

95.6 4.47-0.07











Exit Load: Nil

The investment objective of the scheme is to provide long-term capital appreciation by investing in units of overseas ETF’s and/ or Index Fund based on NASDAQ 100 Index. However, there can be no assurance that the investment objective of the Scheme will be realized.

Options: Growth

Load Structure

UCITS ETF USD Overseas Mutual Fund 96.00


Mutual Fund Units Ishares Nasdaq 100



• Return that corresponds generally to the performance of the NASDAQ-100 Index, subject to tracking error.


An open ended fund of fund investing in units of overseas ETF's and/or Index Fund based on NASDAQ 100 Index



PORTFOLIO

Kotak NASDAQ 100 FOF NAV as on February 28, 2021: ̀ 9.5704 (Growth Option), ̀ 9.5732 (Direct Growth Option)**Total Expense Ratio includes applicable B30 fee and GST.

53

AUM: `233.09 crs

AAUM: `226.74 crs

Mr. Abhishek Bisen

Folio count: 24,610

Fund Manager: Mr. Arjun Khanna &

Benchmark: NASDAQ 100 TRI


Product Label


Grand Total 100.00

Triparty Repo 4.68

(Liabilities) -0.68

Net Current Assets/

Low High

Low

to

Moder

ate


High

Very H

ighLo

w



KOTAK NASDAQ 100 FOF

96.00 4.68-0.68


Kotak Gold ETF NAV as on February 28, 2021: `400.7728*For Fund Manager experience, please refer page 68-70. **Total Expense Ratio includes applicable B30 fee and GST. For scheme performance, please refer page no 60-67.



Through AMC: 10000 Units,

Load Structure

Investment ObjectiveThe investment objective of the scheme is to generate returns that are in line with the returns on investment in physical gold, subject to tracking errors.

Available PlanRegular Plan

Through Exchange:10 Units,

Ideal Investment Horizon: 5 years and....... above


Total Expense Ratio**Regular: 0.55%

7


Equity & Equity relatedGOVERNMENT 97.93Gold 1 Kg Fineness 0.995 97.93Equity & Equity

Net Current Assets/

Grand Total 100.00(Liabilities) 2.07

This product is suitable for investors who are seeking*:• Returns in line with physical gold over medium to long

term, subject to tracking error• Investment in physical gold* Investors should consult their financial advisors if in doubt about whether the product is suitable for them.

KOTAK GOLD ETF

An open-ended scheme replicating/ tracking physical gold prices



PORTFOLIO


Tracking Error: 0.09%

Fund Manager: Mr. Abhishek Bisen &

AUM: `1,535.45 crs

AAUM: `1,552.42 crs

Folio count: 45,640


Benchmark: Price of Gold

Mr. Satish Dondapati*

Product Label


54

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Low

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High

Very H

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97.93 2.07

GOVERNMENT Net Current Assets


Regular Plan


Ratios



Entry Load: Nil. (applicable for all plans)Exit Load: Nil (applicable for all plans)

Regular: 0.12%

Through Exchange:1 Unit,

Available Plan

The investment objective of the scheme is to provide returns before expenses that closely correspond to the total returns of the Nifty 50 subject to tracking errors. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.

Ideal Investment Horizon: 5 years and above

Load Structure

7

Portfolio Turnover:

Tracking Error:

56.74%

0.09%

Equity & Equity related Reliance Industries Ltd. Petroleum Products 10.75



HDFC Ltd. Finance 7.28


Tata Consultancy

Hindustan Unilever Ltd. Consumer Non Durables 3.03

ITC Ltd. Consumer Non Durables 2.84

State Bank Of India Banks 2.39

Ultratech Cement Ltd. Cement 1.13

Tech Mahindra Ltd. Software 0.91

Bank Ltd. Banks 4.16

Bharti Airtel Ltd Telecom - Services 2.13

Larsen And Toubro Ltd. Construction Project 2.78

Sun Pharmaceuticals

Maruti Suzuki

Wipro Ltd. Software 0.97

Company Ltd. Finance 0.88

Mahindra & Mahindra Ltd. Auto 1.23

Kotak Mahindra

Industries Ltd. Pharmaceuticals 1.02

Nestle India Ltd. Consumer Non Durables 0.92

Tata Motors Ltd. Auto 0.92

Axis Bank Ltd. Banks 2.87

Titan Company Ltd. Consumer Durables 0.94

HDFC Life Insurance

IndusInd Bank Ltd. Banks 0.96

Bajaj Finserv Ltd. Finance 0.93

Services Ltd. Software 4.85

Bajaj Finance Ltd. Finance 2.23

Asian Paints Ltd. Consumer Non Durables 1.64

HCL Technologies Ltd. Software 1.57

India Limited Auto 1.45

Hindalco Industries Ltd Non - Ferrous Metals 0.79

Divi s Laboratories Ltd. Pharmaceuticals 0.68

Laboratories Ltd. Pharmaceuticals 0.86

Corporation Limited Power 0.83


Of India Ltd. Power 0.88

Dr Reddys

Tata Steel Ltd. Ferrous Metals 0.86

Adani Port and Special

Economic Zone Ltd. Transportation 0.79

Bajaj Auto Ltd. Auto 0.79


Grasim Industries Ltd. Cement 0.74

Hero MotoCorp Ltd. Auto 0.67

Oil & Natural Gas

Corporation Ltd. Oil 0.65

Corporation Ltd. Petroleum Products 0.58

SBI Life Insurance

Company Ltd Finance 0.54

Shree Cement Ltd. Cement 0.56

GAIL (India) Ltd. Gas 0.42

UPL Ltd Pesticides 0.49

Britannia Industries Ltd. Consumer Non Durables 0.63

Eicher Motors Ltd. Auto 0.56

Indian Oil Corporation Ltd Petroleum Products 0.40

Bharat Petroleum

Equity & Equity

Net Current Assets/

JSW Steel Ltd. Ferrous Metals 0.61


(Liabilities) 0.12

Coal India Ltd. Minerals/Mining 0.51

Cipla Ltd. Pharmaceuticals 0.64

Grand Total 100.00


• Investment in stocks comprising the underlying index and endeavours to track the benchmark index


KOTAK NIFTY ETF

An open-ended scheme replicating/ tracking nifty 50 index



PORTFOLIO





AAUM: `1,056.83 crs

AUM: `1,038.71 crs

Folio count: 11,768


Product Label

*For Fund Manager experience, please refer page 68-70. **Total Expense Ratio includes applicable B30 fee and GST. For scheme performance, please refer page no 60-67. For last three dividends, please refer page no 71-73.Kotak Nifty ETF NAV as on February 28, 2021: ̀ 151.7707


55

Low High

Low

to

Moder

ate


High

Very H

ighLo

w


27.60

15.70

11.86

11.73

9.06

5.62

3.20

2.78

2.43

2.13

7.89

Banks Software Finance Petroleum Products Consumer Non Durables Auto

Pharmaceuticals Construction Project Cement Telecom -Services REST

7



Regular: 0.28%

Ratios



Regular Plan

The investment objective of the scheme is to provide returns before expenses that closely correspond to the total returns of the BSE SENSEX subject to tracking errors. However, there is no assurance or ..........guarantee that the investment objective of the scheme will be achieved.



Available Plan


Load Structure


Portfolio Turnover:

Tracking Error:

18.48%

0.10%


ITC Ltd. Consumer Non Durables 3.32

Asian Paints Ltd. Consumer Non Durables 1.91

Larsen And Toubro Ltd. Construction Project 3.24

Hindustan Unilever Ltd. Consumer Non Durables 3.54



Reliance Industries Ltd. Petroleum Products 12.54

Tata Consultancy

Services Ltd. Software 5.66

Bharti Airtel Ltd Telecom - Services 2.49

Bank Ltd. Banks 4.33


HDFC Ltd. Finance 8.50

HCL Technologies Ltd. Software 1.84

Maruti Suzuki

India Limited Auto 1.70

Bajaj Finance Ltd. Finance 2.58



Kotak Mahindra

Mahindra & Mahindra Ltd. Auto 1.43

(Liabilities) 0.15


Ultratech Cement Ltd. Cement 1.31

Net Current Assets/


Bajaj Auto Ltd. Auto 0.92

Of India Ltd. Power 1.02

Laboratories Ltd. Pharmaceuticals 1.00


Dr Reddys


Oil & Natural Gas

Nestle India Ltd. Consumer Non Durables 1.07

Industries Ltd. Pharmaceuticals 1.20

Bajaj Finserv Ltd. Finance 1.09

Grand Total 100.00

Sun Pharmaceuticals

Titan Company Ltd. Consumer Durables 1.09

Tech Mahindra Ltd. Software 1.06


Equity & Equity

Corporation Limited Power 0.97



• Long term capital growth• Investment in stocks comprising the underlying index

and endeavours to track the benchmark index

KOTAK SENSEX ETF

An open-ended scheme replicating/ tracking S&P BSE sensex index



PORTFOLIO



AAUM: `17.51 crs

AUM: `16.97 crs

Benchmark: S&P BSE SENSEX TRI


Allotment date: June 6, 2008

Folio count: 1,193

Product Label

Kotak Sensex ETF NAV as on February 28, 2021: ̀ 510.9356*For Fund Manager experience, please refer page 68-70. **Total Expense Ratio includes applicable B30 fee and GST. For scheme performance, please refer page no 60-67. For last three dividends, please refer page no 71-73.


56

Low High

Low

to

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High

Very H

ighLo

w


31.08 17.1 12.54 12.17 9.84

4.05

3.24

2.49

2.2

1.99

3.3

Banks Software Petroleum Products Finance Consumer Non Durables Auto

Construction Project Telecom -Services Pharmaceuticals Power REST

The investment objective of the scheme is to provide returns before expenses that closely correspond to the total returns of stocks as represented by the Nifty Bank Index subject to tracking errors. There is no assurance or guarantee that the investment objective of the scheme will be achieved.

Option - Dividend PayoutRegular Plan



Available Plan/Options

Minimum Investment AmountThrough Exchange:1 Unit,

Load Structure


Ratios


Total Expense Ratio**Regular: 0.18%

Ideal Investment Horizon: 5 years and .......above

7








Federal Bank Ltd. Banks 1.48

Kotak Mahindra Bank Ltd. Banks 12.36


Bandhan Bank Ltd. Banks 2.07


Punjab National Bank Banks 0.87

RBL Bank Ltd Banks 0.94

Bank Of Baroda Banks 0.91


Equity & Equity

(Liabilities) 0.02

IDFC First Bank Limited Banks 1.18

Net Current Assets/

Grand Total 100.00

Portfolio Turnover:

Tracking Error:

93.44%

0.34%

KOTAK BANKING ETF

An open-ended scheme replicating/ tracking nifty bank index



PORTFOLIO


Product Label

Kotak Banking ETF NAV as on February 28, 2021: ̀ 350.8626*For Fund Manager experience, please refer page 68-70. **Total Expense Ratio includes applicable B30 fee and GST. For scheme performance, please refer page no 60-67.


57

AAUM: `7,871.96 crs


Folio count: 17,738


AUM: `7,625.36 crs

Benchmark: Nifty Bank Index TRI


Low High

Low

to

Moder

ate


High

Very H

ighLo

w


99.98

Banks Net Current Assets

0.02




Regular: 0.49%





Investment ObjectiveThe investment objective of the scheme is to provide returns that closely correspond to the total returns of Nifty PSU Bank Index, subject to tracking errors. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.

Regular Plan

Ratios

Available Plan

7

Portfolio Turnover:

Tracking Error:

81.74%

0.28%




Indian Bank Banks 3.51

Bank Of Baroda Banks 15.34

Bank of India Banks 5.65

Union Bank Of India Banks 5.44

Canara Bank Banks 14.23

Punjab National Bank Banks 14.72

Indian Overseas Bank Banks 2.24

Central Bank Of India Banks 2.15




Equity & Equity

Grand Total 100.00

The Jammu and

Bank of Maharashtra Banks 2.10

(Liabilities) 0.04

Kashmir Bank Ltd. Banks 1.26

UCO Bank Banks 1.57

Net Current Assets/

KOTAK PSU BANK ETF

An open-ended scheme replicating/ tracking nifty PSU bank index

Folio count: 3,791



AAUM: `142.93 crs

AUM: `162.43 crs


Benchmark: Nifty PSU Bank TRI



PORTFOLIO


Product Label

Kotak PSU Bank ETF NAV as on February 28, 2021: ̀ 234.4699*For Fund Manager experience, please refer page 68-70. **Total Expense Ratio includes applicable B30 fee and GST. For scheme performance, please refer page no 60-67. For last three dividends, please refer page no 71-73.


58

99.96 0.04

Banks Net Current Assets

Low High

Low

to

Moder

ate


High

Very H

ighLo

w



The investment objective of the scheme is to provide returns before expenses that closely correspond to the total returns of stocks as represented by the Nifty 50 Value 20 Index, subject to tracking errors.

Load Structure



Ratios




Regular: 0.14%

Regular Plan



Available Plan

7

Portfolio Turnover:

Tracking Error:

85.62%

1.00%

KOTAK NV20 ETF

An open-ended scheme replicating/ tracking nifty 50 Value 20 index



Benchmark: Nifty Value 20

AUM: `17.98 crs

Folio count: 2,666

AAUM: `16.97 crs

Index TRI




PORTFOLIO


Product Label

Kotak NV20 ETF Dividend NAV as on February 28, 2021: ̀ 75.4959*For Fund Manager experience, please refer page 68-70. **Total Expense Ratio includes applicable B30 fee and GST. For scheme performance, please refer page no 60-67.


59

• Long term capital growth• Investment in stocks comprising the underlying index

and endeavours to track the benchmark index* Investors should consult their financial advisors if in doubt about whether the product is suitable for them.


Low High

Low

to

Moder

ate


High

Very H

ighLo

w


National Thermal PowerCorporation Limited Power 2.88

Tata ConsultancyInfosys Ltd. Software 14.51

Services Ltd. Software 14.23Hindustan Unilever Ltd. Consumer Non Durables 10.52ITC Ltd. Consumer Non Durables 9.84Larsen And Toubro Ltd. Construction Project 9.63HCL Technologies Ltd. Software 5.46Wipro Ltd. Software 3.37


IndusInd Bank Ltd. Banks 3.34Tech Mahindra Ltd. Software 3.14Power Grid CorporationOf India Ltd. Power 3.04

Grasim Industries Ltd. Cement 2.58

Oil & Natural Gas

Hindalco Industries Ltd Non - Ferrous Metals 2.75Bajaj Auto Ltd. Auto 2.73

Hero MotoCorp Ltd. Auto 2.32

Coal India Ltd. Minerals/Mining 1.76UPL Ltd Pesticides 1.71GAIL (India) Ltd. Gas 1.45

Equity & Equity

(Liabilities) 0.39Grand Total 100.00

JSW Steel Ltd. Ferrous Metals 2.11



Net Current Assets/

40.71 20.36 9.63

5.92

5.05

3.34

2.75

2.58

2.24

2.11

5.31

Software Consumer Non Durables Power Auto Banks

Non - Ferrous Metals Cement Oil Ferrous Metals REST

Construction Project

4560

Scheme Performances as on February 26, 2021

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: CAGR (Compounded Annualised Growth Rate). N.A stands for data not available. Note: Point to Point (PTP) Returns in INR shows the value of 10,000/- investment made at inception. Source: ICRA MFI Explorer. # Name of Scheme Benchmark. ## Name of Additional Benchmark. TRI - Total Return Index, In terms of SEBI circular dated January 4, 2018, the performance of the scheme is benchmarked to the Total Return variant (TRI) of the Benchmark Index instead of Price Return Variant (PRI). Alpha is difference of scheme return with benchmark return.

Scheme Inception date is 09/09/2004. Mr. Harsha Upadhyaya has been managing the fund since 04/08/2012. Different plans have different expense structure. The performance details provided herein are of regular plan

Kotak Equity Opportunities Fund - Growth

Since Inception 18.31% 15.37% 2.94% 15.55% 1,59,694 1,05,534 1,08,232

Last 1 Year 27.71% 32.24% -4.53% 31.37% 12,762 13,214 13,127

Last 5 Years 17.91% 17.19% 0.72% 17.29% 22,776 22,089 22,189

Last 3 Years 11.58% 11.35% 0.23% 12.88% 13,887 13,803 14,378

Kotak Equity OpportunitiesFund - Growth Nifty 200 TRI# Nifty 50 TRI## Kotak Equity Opportunities

Fund - GrowthNifty 200 TRI# Nifty 50 TRI##ALPHA

Different plans have different expense structure. The performance details provided herein are of regular plan Scheme Inception date is 11/09/2009. Mr. Harsha Upadhyaya has been managing the fund since 04/08/2012.


Kotak Flexicap Fund - Growth (Erstwhile Known As Kotak Standard Multicap Fund)Kotak Flexicap Fund - Growth(Erstwhile Known As Kotak

Standard Multicap Fund)Nifty 200 TRI# Nifty 50 TRI##

Kotak Flexicap Fund - Growth(Erstwhile Known As Kotak

Standard Multicap Fund)Nifty 200 TRI# Nifty 50 TRI##

Last 1 Year 24.97% 32.24% -7.27% 31.37% 12,489 13,214 13,127

Since Inception 13.91% 11.56% 2.35% 11.40% 44,527 35,062 34,492

Last 5 Years 17.38% 17.19% 0.20% 17.29% 22,274 22,089 22,189

Last 3 Years 10.82% 11.35% -0.54% 12.88% 13,604 13,803 14,378

ALPHA

Scheme Inception date is 30/03/2007. Mr. Pankaj Tibrewal has been managing the fund since 27/05/2010.

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: CAGR (Compounded Annualised Growth Rate). N.A stands for data not available. Note: Point to Point (PTP) Returns in INR shows the value of 10,000/- investment made at inception. Source: ICRA MFI Explorer. # Name of Scheme Benchmark. ## Name of Additional Benchmark.

Different plans have different expense structure. The performance details provided herein are of regular plan

TRI - Total Return Index, In terms of SEBI circular dated January 4, 2018, the performance of the scheme is benchmarked to the Total Return variant (TRI) of the Benchmark Index instead of Price Return Variant (PRI). Alpha is difference of scheme return with benchmark return.

Kotak Emerging EquityFund - Growth

Nifty Midcap100 TRI#

Nifty 50 TRI## Kotak Emerging EquityFund - Growth

Nifty 50 TRI##Nifty Midcap 100 TRI#

Last 5 Years 19.97% 16.24% 3.72% 17.29% 24,836 21,217 22,189

Last 1 Year 36.76% 39.98% -3.22% 31.37% 13,664 13,985 13,127

Since Inception 13.20% 13.32% -0.12% 11.38% 56,228 57,054 44,823

Last 3 Years 12.07% 6.79% 5.28% 12.88% 14,070 12,177 14,378

Kotak Emerging Equity Fund - Growth

ALPHA

Kotak Bluechip Fund- Growth

Nifty 50 TRI# S&P BSE SENSEX TRI## Kotak Bluechip Fund- Growth

Nifty 50 TRI# S&P BSE SENSEX TRI##

Kotak Bluechip Fund - Growth

Last 1 Year 30.07% 31.37% -1.30% 30.00% 12,998 13,127 12,990

Last 5 Years 15.75% 17.29% -1.54% 17.89% 20,767 22,189 22,764

Since Inception 19.67% 17.22% 2.46% 17.38% 2,56,865 1,76,573 1,81,028

Last 3 Years 11.81% 12.88% -1.07% 14.22% 13,975 14,378 14,894

Since Inception date of Kotak Bluechip Fund- Dividend plan is 29/12/1998. Alpha is difference of scheme return with benchmark return.


TRI - Total Return Index, In terms of SEBI circular dated January 4, 2018, the performance of the scheme is benchmarked to the Total Return variant (TRI) of the Benchmark Index instead of Price Return Variant (PRI).


As TRI data is not available since inception of the scheme, benchmark performance is calculated using composite CAGR of S&P BSE Sensex PRI values from 29th Dec 1998 to 31st May 2007 and TRI Values since 31st May 2007.

Since inception date of Kotak Bluechip Fund - Reg Growth is 04/02/2003. Mr. Harish Krishnan has been managing the fund since 01/01/2014

ALPHA

Kotak Small Cap Fund - Growth

Kotak Small Cap Fund -Growth

Nifty SmallCap 100 TRI# Nifty 50 TRI## Kotak Small Cap Fund -

GrowthNifty Small

Cap 100 TRI# Nifty 50 TRI##

Last 5 Years 20.40% 14.19% 6.22% 17.29% 25,291 19,406 22,189

Last 1 Year 52.24% 43.58% 8.66% 31.37% 15,207 14,344 13,127

Last 3 Years 13.09% -0.17% 13.26% 12.88% 14,460 9,950 14,378

Since Inception 16.48% 12.74% 3.75% 14.40% 1,15,182 68,229 86,309

Scheme Inception date is 24/02/2005. Mr. Pankaj Tibrewal has been managing the fund since 21/01/2010.



ALPHA

Kotak Flexicap Fund- Growth

61

Kotak Infrastructure and Economic Reform Fund - Growth

Kotak Infrastructure andEconomic Reform Fund - Growth

India Infrastructure Index(Customised Index by IISL)# Nifty 50 TRI## Kotak Infrastructure and

Economic Reform Fund - GrowthNifty 50 TRI##

India Infrastructure Index(Customised Index by IISL)#

Last 3 Years 4.05% 2.43% 1.62% 12.88% 11,265 10,746 14,378

Last 1 Year 29.40% 30.64% -1.24% 31.37% 12,931 13,054 13,127

Last 5 Years 13.32% 10.89% 2.43% 17.29% 18,676 16,760 22,189

Since Inception 7.19% 1.33% 5.86% 9.51% 24,675 11,876 32,619


Scheme Inception date is 25/02/2008. Mr. Harish Krishnan has been managing the fund since 01/02/2015. Different plans have different expense structure. The performance details provided herein are of regular plan

ALPHA

Kotak India Growth Fund - Series 4 - Growth

Kotak India Growth Fund- Series 4 - Growth

Nifty 200 TRI# Nifty 50 TRI## Nifty 50 TRI##

Last 1 Year 66.67% 32.24% 34.43% 31.37% 16,644 13,214 13,127

Since Inception 14.62% 11.73% 2.89% 13.28% 15,099 13,979 14,570

Last 3 Years 14.71% 11.35% 3.35% 12.88% 15,087 13,803 14,378

Different plans have different expense structure. The performance details provided herein are of regular plan Scheme Inception date is 20/02/2018. Mr. Devender Singhal has been managing the fund since 09/05/2019.

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: CAGR (Compounded Annualised Growth Rate). N.A stands for data not available. Note: Point to Point (PTP) Returns in INR shows the value of 10,000/- investment made at inception. Source: ICRA MFI Explorer. # Name of Scheme Benchmark. ## Name of Additional Benchmark. Alpha is difference of scheme return with benchmark return.


Nifty 200 TRI#ALPHA




Last 1 Year 46.61% 32.24% 14.37% 31.37% 14,646 13,214 13,127

Since Inception 13.89% 11.46% 2.43% 12.65% 14,372 13,534 13,939

Different plans have different expense structure. The performance details provided herein are of regular plan Scheme Inception date is 15/05/2018. Mr. Harish Krishnan has been managing the fund since 15/05/2018.



Nifty 200 TRI#ALPHA

Kotak Tax Saver Fund - GrowthKotak Tax SaverFund - Growth

Nifty 500 TRI# Nifty 50 TRI## Nifty 500 TRI# Nifty 50 TRI##

Last 1 Year 26.85% 33.47% -6.62% 31.37% 12,677 13,337 13,127

Since Inception 12.17% 13.03% -0.85% 13.28% 57,797 64,882 67,113

Last 3 Years 12.19% 10.86% 1.33% 12.88% 14,116 13,621 14,378

Last 5 Years 17.41% 17.31% 0.10% 17.29% 22,304 22,207 22,189


Scheme Inception date is 23/11/2005. Mr. Harsha Upadhyaya has been managing the fund since 25/08/2015. Different plans have different expense structure. The performance details provided herein are of regular plan

ALPHA

Scheme Inception date is 27/07/2005. Ms. Shibani Kurian has been managing the fund since 09/05/2019.


Different plans have different expense structure. The performance details provided herein are of regular plan 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: CAGR (Compounded Annualised Growth Rate). N.A stands for data not available. Note: Point to Point (PTP) Returns in INR shows the value of 10,000/- investment made at inception. Source: ICRA MFI Explorer. # Name of Scheme Benchmark. ## Name of Additional Benchmark.

Kotak India EQ Contra Fund - Growth

Nifty 100 TRI# Nifty 50 TRI## Kotak India EQ ContraFund - Growth

Nifty 100 TRI# Nifty 50 TRI##Kotak India EQ ContraFund - Growth

ALPHA

Since Inception 13.21% 14.08% -0.88% 13.88% 69,209 78,041 75,924

Last 1 Year 31.23% 31.20% 0.03% 31.37% 13,113 13,110 13,127

Last 3 Years 12.93% 11.91% 1.02% 12.88% 14,396 14,010 14,378

Last 5 Years 18.30% 17.19% 1.10% 17.29% 23,155 22,098 22,189

Kotak Tax SaverFund - Growth




Since Inception 10.42% 10.37% 0.05% 9.34% 12,804 12,788 12,494

Last 1 Year 20.18% 31.37% -11.18% 32.24% 12,012 13,127 13,214

Scheme Inception date is 31/08/2018. Ms. Shibani Kurian has been managing the fund since 09/05/2019.





Nifty 50 TRI#ALPHA

Kotak Balanced Advantage Fund - Growth

Last 1 Year 18.49% 21.42% -2.92% 31.37% 11,844 12,135 13,127

Since Inception 10.92% 11.67% -0.75% 11.30% 13,052 13,281 13,166

Kotak BalancedAdvantage Fund - Growth

Nifty 50 TRI## Nifty 50 TRI##ALPHANIFTY 50 Hybrid

Composite Debt 50:50 Index#Kotak Balanced

Advantage Fund - GrowthNIFTY 50 Hybrid

Composite Debt 50:50 Index#

62

Kotak Equity Arbitrage Fund - Growth

Since Inception 7.13% NA NA 6.28% 28,938 NA 25,582

Last 3 Years 5.39% 4.54% 0.85% 6.65% 11,703 11,423 12,127

Last 5 Years 5.77% 4.84% 0.93% 6.56% 13,236 12,662 13,739

Last 1 Year 3.54% 1.86% 1.67% 5.47% 10,353 10,186 10,546

Kotak Equity ArbitrageFund - Growth

Nifty 50 ArbitrageIndex#

CRISIL 1 YearTbill ##


Kotak Equity ArbitrageFund - Growth

Nifty 50 ArbitrageIndex#

Scheme Inception date is 29/09/2005. Mr. Hiten Shah has been managing the fund since 03/10/2019.




ALPHA

Kotak Liquid Fund - GrowthKotak Liquid Fund

- GrowthNIFTY Liquid Index# CRISIL 1 Year TBill## Kotak Liquid Fund

- GrowthNIFTY Liquid Index# CRISIL 1

Year TBill##

Last 1 Year 3.77% 3.88% -0.11% 5.46% 10,378 10,389 10,548

Since Inception 7.15% 7.17% -0.03% 6.06% 33,090 33,231 27,722

Last 3 Years 5.77% 5.82% -0.05% 6.64% 11,834 11,852 12,129

Last 5 Years 6.27% 6.24% 0.03% 6.56% 13,559 13,539 13,742

The performance of the scheme is benchmarked to the Total Return variant (TRI) of the Benchmark. Alpha is difference of scheme return with benchmark return.


Scheme Inception date is 04/11/2003. Mr. Deepak Agrawal has been managing the fund since 01/05/2007.

Performance for KOTAK Liquid fund as on 28th February 2021

ALPHA

Kotak Equity Savings Fund - Growth

Kotak Equity SavingsFund - Growth

75% NIFTY 50 ARBITRAGE+ 25% Nifty 50 TRI#

CRISIL 10 YearGilt ##


Kotak Equity SavingsFund - Growth

75% NIFTY 50 ARBITRAGE+ 25% Nifty 50 TRI#

Since Inception 8.37% 7.19% 1.18% 8.03% 16,701 15,574 16,369

Last 3 Years 7.90% 7.04% 0.86% 8.94% 12,560 12,262 12,927

Last 5 Years 9.34% 8.16% 1.18% 7.34% 15,625 14,801 14,246

Last 1 Year 13.14% 9.63% 3.51% 4.93% 11,310 10,960 10,492

Scheme Inception date is 13/10/2014. Mr. Harish Krishnan has been managing the fund since 09/05/2019. Mr. Abhishek Bisen has been managing the fund since 17/09/2014. Mr. Hiten Shah has been managing the fund since 03/10/2019. Different plans have different expense structure. The performance details provided herein are of regular plan 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: CAGR (Compounded Annualised Growth Rate). N.A stands for data not available. Note: Point to Point (PTP) Returns in INR shows the value of 10,000/- investment made at inception. Source: ICRA MFI Explorer. # Name of Scheme Benchmark. ## Name of Additional Benchmark. TRI - Total Return Index, In terms of SEBI circular dated January 4, 2018, the performance of the scheme is benchmarked to the Total Return variant (TRI) of the Benchmark Index instead of Price Return Variant (PRI). Alpha is difference of scheme return with benchmark return.

ALPHA

Kotak Equity Hybrid Fund - Growth

Kotak Equity HybridFund - Growth

NIFTY 50 Hybrid CompositeDebt 65:35 Index# Nifty 50 TRI##

Kotak Equity HybridFund - Growth Nifty 50 TRI##

Last 1 Year 29.09% 24.87% 4.22% 31.37% 12,900 12,479 13,127

Last 3 Years 11.16% 12.46% -1.30% 12.88% 13,731 14,218 14,378

Last 5 Years 15.19% 14.80% 0.39% 17.29% 20,274 19,932 22,189

Since Inception 10.53% 10.34% 0.19% 10.52% 18,819 18,614 18,813

NIFTY 50 Hybrid CompositeDebt 65:35 Index#



Scheme Inception date is 25/11/1999 and Kotak Equity Hybrid Fund - Regular plan scheme inception date is 3rd November 2014. Mr. Abhishek Bisen has been managing the fund since 15/04/2008. Mr. Pankaj Tibrewal has been managing the fund since 25/08/2015.

TRI - Total Return Index, In terms of SEBI circular dated January 4, 2018, the performance of the scheme is benchmarked to the Total Return variant (TRI) of the Benchmark Index instead of Price Return Variant (PRI). The debt component of the index is TRI since inception. For equity component of the index, as TRI data is not available since inception of the scheme, benchmark performance is calculatedusing composite CAGR of S&P BSE 200 PRI values series is used till 31st July 2006 and TRI values is used since 1st Aug 2006. Alpha is difference of scheme return with benchmark return.

ALPHA

Kotak Focused Equity Fund - Growth

Since Inception 19.91% 16.55% 3.35% 15.84% 13,417 12,815 12,687

Last 1 Year 27.51% 32.24% -4.73% 31.37% 12,743 13,214 13,127

Kotak FocusedEquity Fund - Growth

Nifty 50 TRI## Nifty 50 TRI##

Scheme Inception date is 16/07/2019. Mr. Harish Krishnan & Ms. Shibani Kurian has been managing the fund since 16/07/2019. Different plans have different expense structure. The performance details provided herein are of regular plan 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: CAGR (Compounded Annualised Growth Rate). N.A stands for data not available. Note: Point to Point (PTP) Returns in INR shows the value of 10,000/- investment made at inception. Source: ICRA MFI Explorer. # Name of Scheme Benchmark. ## Name of Additional Benchmark. TRI - Total Return Index, In terms of SEBI circular dated January 4, 2018, the performance of the scheme is benchmarked to the Total Return variant (TRI) of the Benchmark Index instead of Price Return Variant (PRI). Alpha is difference of scheme return with benchmark return.

ALPHANifty 200 TRI#Kotak Focused

Equity Fund - Growth Nifty 200 TRI#


Different plans have different expense structure. The performance details provided herein are of regular plan Scheme Inception date is 03/08/2018. Mr. Harish Krishnan and Mr. Abhishek Bisen have been managing the fund since 03/08/2018. Mr. Hiten Shah has been managing the fund since 03/10/2019.

63

Kotak Banking and PSU Debt Fund - Growth

Kotak Banking and PSU DebtFund - Growth

CRISIL Banking andPSU Debt Index#


CRISIL Banking andPSU Debt Index#


Kotak Banking and PSU DebtFund - Growth

Since Inception 7.53% NA NA NA 50,043 NA NA

Last 1 Year 7.44% 6.32% 1.12% 4.93% 10,742 10,630 10,492

Last 3 Years 8.94% 8.68% 0.26% 8.94% 12,926 12,834 12,927

Last 5 Years 8.46% 8.54% -0.08% 7.34% 15,006 15,064 14,246





ALPHA

Scheme Inception date is 06/03/2008. Mr. Deepak Agrawal has been managing the fund since 01/02/2015. Different plans have different expense structure. The performance details provided herein are of regular plan 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: CAGR (Compounded Annualised Growth Rate). N.A stands for data not available. Note: Point to Point (PTP) Returns in INR shows the value of 10,000/- investment made at inception. Source: ICRA MFI Explorer. # Name of Scheme Benchmark. ## Name of Additional Benchmark. The performance of the scheme is benchmarked to the Total Return variant (TRI) of the Benchmark. Alpha is difference of scheme return with benchmark return.

Kotak Low Duration Fund - Growth

Kotak Low Duration Fund -Growth

NIFTY Low DurationDebt Index#

CRISIL 1 YearTBill##

NIFTY Low DurationDebt Index#


Kotak Low Duration Fund -Growth

Since Inception 7.69% 8.27% -0.58% 6.48% 26,178 28,053 22,605

Last 3 Years 7.60% 7.23% 0.37% 6.65% 12,455 12,326 12,127

Last 1 Year 6.69% 5.94% 0.75% 5.47% 10,667 10,592 10,546

Last 5 Years 7.74% 7.35% 0.39% 6.56% 14,514 14,256 13,739

ALPHA

Scheme Inception date is 02/05/2002. Mr. Deepak Agrawal has been managing the fund since 11/07/2007. Different plans have different expense structure. The performance details provided herein are of regular plan



Kotak Bond Short Term Fund - GrowthKotak Bond Short Term Fund -

GrowthNIFTY Short Duration

Debt Index#CRISIL 10 Year

Gilt ##CRISIL 10 Year

Gilt ##Kotak Bond Short Term Fund -

GrowthNIFTY Short Duration

Debt Index#

Last 3 Years 8.15% 8.28% -0.13% 8.94% 12,648 12,692 12,927

Since Inception 7.72% 7.93% -0.21% 6.70% 40,606 42,094 33,907

Last 5 Years 7.85% 8.08% -0.24% 7.34% 14,585 14,746 14,246

Last 1 Year 7.20% 7.97% -0.77% 4.93% 10,718 10,794 10,492

ALPHA

Kotak Savings Fund - Growth

Kotak Savings Fund -Growth

NIFTY Ultra ShortDuration Debt Index#


NIFTY Ultra ShortDuration Debt Index#


Kotak Savings Fund -Growth

Last 1 Year 5.24% 5.14% 0.10% 5.47% 10,523 10,512 10,546

Last 3 Years 6.84% 6.96% -0.12% 6.65% 12,192 12,233 12,127

Since Inception 7.60% 7.97% -0.37% 6.16% 33,607 35,579 26,876

Last 5 Years 7.05% 7.16% -0.11% 6.56% 14,055 14,128 13,739


ALPHA





Kotak Money Market Fund - Growth

Kotak Money MarketFund - Growth

NIFTY MoneyMarket Index#


NIFTY MoneyMarket Index#


Kotak Money MarketFund - Growth

Last 1 Year 5.20% 4.71% 0.49% 5.47% 10,518 10,469 10,546

Last 3 Years 6.92% 6.38% 0.54% 6.65% 12,221 12,038 12,127

Since Inception 7.28% 7.42% -0.14% 6.05% 34,530 35,349 28,163

Last 5 Years 6.99% 6.72% 0.27% 6.56% 14,018 13,843 13,739

ALPHA

Kotak Dynamic Bond Fund - Growth

Kotak Dynamic BondFund - Growth

NIFTY CompositeDebt Index#



Kotak Dynamic BondFund - Growth

NIFTY CompositeDebt Index#

Since Inception 8.60% 8.46% 0.14% 6.91% 28,659 28,180 23,464

Last 5 Years 9.12% 8.68% 0.44% 7.34% 15,470 15,161 14,246

Last 3 Years 9.21% 9.34% -0.13% 8.94% 13,022 13,068 12,927

Last 1 Year 6.85% 7.90% -1.05% 4.93% 10,683 10,788 10,492

ALPHA




64

Kotak Corporate Bond Fund - Growth


Kotak Corporate BondFund - Growth

CRISIL CorporateBond Composite Index#


Last 1 Year 7.41% 7.93% -0.52% 4.93% 10,739 10,791 10,492

Last 3 Years 8.38% 8.94% -0.57% 8.94% 12,726 12,927 12,927

Last 5 Years 8.30% 8.85% -0.55% 7.34% 14,898 15,277 14,246

Since Inception 8.18% 9.39% -1.20% 6.86% 28,790 33,407 24,397


Kotak Corporate BondFund - Growth

CRISIL CorporateBond Composite Index#

ALPHA

Different plans have different expense structure. The performance details provided herein are of regular plan Scheme Inception date is 21/03/2014. Mr. Deepak Agrawal has been managing the fund since 22/06/2015.

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: CAGR (Compounded Annualised Growth Rate). N.A stands for data not available. Note: Point to Point (PTP) Returns in INR shows the value of 10,000/- investment made at inception. Source: ICRA MFI Explorer. # Name of Scheme Benchmark. ## Name of Additional Benchmark. The performance of the scheme is benchmarked to the Total Return variant (TRI) of the Benchmark. Alpha is difference of scheme return with benchmark return.

Kotak Medium Term Fund - GrowthKotak Medium Term Fund

- GrowthNIFTY Medium Duration


Gilt##Kotak Medium Term Fund

- GrowthNIFTY Medium Duration


Gilt##

Since Inception 8.12% 9.00% -0.88% 8.26% 17,192 18,192 17,350

Last 1 Year 4.56% 8.73% -4.17% 4.93% 10,455 10,871 10,492

Last 3 Years 6.50% 9.02% -2.52% 8.94% 12,078 12,954 12,927

Last 5 Years 7.30% 8.63% -1.33% 7.34% 14,218 15,121 14,246

ALPHA



Different plans have different expense structure. The performance details provided herein are of regular plan Scheme Inception date is 25/11/1999. Mr. Abhishek Bisen has been managing the fund since 01/04/2008.

Kotak Bond Fund - Growth

Kotak Bond Fund- Growth

NIFTY Medium to LongDuration Debt Index#

CRISIL 10 YearGilt##

Kotak Bond Fund- Growth

NIFTY Medium to LongDuration Debt Index#



Last 1 Year 6.72% 7.65% -0.93% 4.93% 10,670 10,763 10,492

Last 5 Years 8.00% 8.59% -0.58% 7.34% 14,692 15,093 14,246

Last 3 Years 8.79% 9.12% -0.33% 8.94% 12,872 12,990 12,927

ALPHA


Kotak Credit Risk Fund - Growth

Kotak Credit Risk Fund -Growth

Nifty Credit RiskBond Index#



Kotak Credit Risk Fund -Growth

Nifty Credit RiskBond Index#

Last 5 Years 7.55% 9.00% -1.45% 7.34% 14,384 15,380 14,246

Last 1 Year 4.55% 9.87% -5.32% 4.93% 10,453 10,984 10,492

Last 3 Years 7.02% 9.00% -1.98% 8.94% 12,253 12,946 12,927

Since Inception 8.08% 9.30% -1.21% 6.84% 23,159 26,128 20,432

ALPHA

Kotak Floating Rate Fund - Growth

Kotak Floating RateFund - Growth

NIFTY Ultra ShortDuration Debt Index



Last 1 Year 8.08% 5.14% 2.95% 4.93% 10,806 10,512 10,492

Since Inception 7.72% 6.10% 1.62% 9.07% 11,425 11,119 11,684





Kotak Floating RateFund - Growth

NIFTY Ultra ShortDuration Debt Index

ALPHA

65

Kotak Debt Hybrid Fund - Growth

Different plans have different expense structure. The performance details provided herein are of regular plan 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: CAGR (Compounded Annualised Growth Rate). N.A stands for data not available. Note: Point to Point (PTP) Returns in INR shows the value of 10,000/- investment made at inception. Source: ICRA MFI Explorer. # Name of Scheme Benchmark. ## Name of Additional Benchmark. The performance of the scheme is benchmarked to the Total Return variant (TRI) of the Benchmark. Alpha is difference of scheme return with benchmark return.

The debt component of the index is TRI since inception. For equity component of the index, as TRI data is not available since inception of the scheme, benchmark performance is calculated using composite CAGR of S&P BSE 200 PRI values series is used till 31st July 2006 and TRI values is used since 1st Aug 2006. Alpha is difference of scheme return with benchmark return.


Scheme Inception date is 02/12/2003. Mr. Abhishek Bisen has been managing the fund since 01/04/2008. Mr. Devender Singhal has been managing the fund since 25/08/2015.

Kotak Debt HybridFund - Growth

CRISIL Hybrid 85 +15 - Conservative Index#


Since Inception 8.09% 8.55% -0.45% 5.82% 38,280 41,141 26,537

Last 3 Years 9.23% 10.10% -0.86% 8.94% 13,030 13,341 12,927

Last 5 Years 10.46% 10.30% 0.17% 7.34% 16,443 16,319 14,246

Last 1 Year 15.02% 11.66% 3.36% 4.93% 11,497 11,162 10,492


CRISIL Hybrid 85 +15 - Conservative Index#

Kotak Debt HybridFund - GrowthALPHA

Scheme Inception date is 09/08/2004. Mr. Devender Singhal & Mr. Arjun Khanna has been managing the fund since 09/05/2019.


The debt component of the index is TRI since inception. For equity component of the index, as TRI data is not available since inception of the scheme, benchmark performance is calculated using composite CAGR of S&P BSE 200 PRI values series is used till 31st July 2006 and TRI values is used since 1st Aug 2006. Alpha is difference of scheme return with benchmark return.



Kotak Asset Allocator Fund - GrowthKotak Asset Allocator

Fund - GrowthNIFTY 50 Hybrid Composite

Debt 50:50 Index#Nifty 50 TRI ## Kotak Asset Allocator

Fund - GrowthNIFTY 50 Hybrid Composite

Debt 50:50 Index#Nifty 50 TRI ##

Last 5 Years 14.64% 13.55% 1.09% 17.29% 19,793 18,868 22,189

Last 3 Years 14.62% 11.99% 2.62% 12.88% 15,051 14,043 14,378

Since Inception 15.78% 12.21% 3.57% 15.53% 1,13,266 67,426 1,09,202

Last 1 Year 29.28% 21.42% 7.86% 31.37% 12,919 12,135 13,127

ALPHA

Kotak Overnight Fund - Growth

Kotak OvernightFund - Growth

NIFTY 1D RateIndex #



Since Inception 4.29% 4.43% -0.13% 6.39% 10,933 10,963 11,405

Last 1 Year 2.96% 3.12% -0.16% 5.46% 10,297 10,313 10,548

Performance for KOTAK Overnight fund as on 28th February 2021

Scheme Inception date is 15/01/2019. Mr. Deepak Agrawal has been managing the fund since 15/01/2019. Different plans have different expense structure. The performance details provided herein are of regular plan 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: CAGR (Compounded Annualised Growth Rate). N.A stands for data not available. Note: Point to Point (PTP) Returns in INR shows the value of 10,000/- investment made at inception. Source: ICRA MFI Explorer. # Name of Scheme Benchmark. ## Name of Additional Benchmark. Alpha is difference of scheme return with benchmark return.

Kotak OvernightFund - Growth

NIFTY 1D RateIndex #ALPHA

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: CAGR (Compounded Annualised Growth Rate). N.A stands for data not available. Note: Point to Point (PTP) Returns in INR shows the value of 10,000/- investment made at inception. Source: ICRA MFI Explorer. # Name of Scheme Benchmark. ## Name of Additional Benchmark. The performance of the scheme is benchmarked to the Total Return variant (TRI) of the Benchmark. Alpha is difference of scheme return with benchmark return.

Scheme Inception date is 11/11/2003. Mr. Abhishek Bisen has been managing the fund since 15/04/2008. Different plans have different expense structure. The performance details provided herein are of regular plan

Kotak Gilt Fund - PF and Trust - Growth

Kotak Gilt Fund - PF andTrust - Growth



Kotak Gilt Fund - PF andTrust - Growth

Last 1 Year 7.68% 6.41% 1.28% 4.93% 10,766 10,639 10,492

Last 5 Years 8.92% 8.48% 0.44% 7.34% 15,325 15,020 14,246

Since Inception 7.59% 6.10% 1.49% 5.76% 35,451 27,850 26,352

Last 3 Years 9.80% 10.01% -0.21% 8.94% 13,234 13,311 12,927

NIFTY All DurationG-Sec Index#

NIFTY All DurationG-Sec Index#ALPHA

Kotak Pioneer Fund - Growth

Kotak Pioneer FundGrowth

Nifty 50 TRI ## Nifty 50 TRI ##

Last 1 Year 55.50% 42.30% 13.20% 31.37% 15,531 14,216 13,127

Since Inception 36.78% 24.67% 12.11% 17.52% 15,149 13,397 12,386



Scheme Inception date is 31/10/2019. Mr. Harish Krishnan & Mr. Arjun Khanna has been managing the fund since 31/10/2019.


Kotak Pioneer FundGrowth

ALPHA85% IISL Kotak India PioneeringInnovations + 15% MSCI ACWI

Information Technology Index TRI #

85% IISL Kotak India PioneeringInnovations + 15% MSCI ACWI

Information Technology Index TRI #

Scheme Inception date is 29/12/1998. Mr. Abhishek Bisen has been managing the fund since 15/04/2008. Different plans have different expense structure. The performance details provided herein are of regular plan 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: CAGR (Compounded Annualised Growth Rate). N.A stands for data not available. Note: Point to Point (PTP) Returns in INR shows the value of 10,000/- investment made at inception. Source: ICRA MFI Explorer. # Name of Scheme Benchmark. ## Name of Additional Benchmark. The performance of the scheme is benchmarked to the Total Return variant (TRI) of the Benchmark. Alpha is difference of scheme return with benchmark return.

Kotak Gilt Fund - GrowthKotak Gilt Fund

- GrowthNIFTY All Duration

G-Sec Index#CRISIL 10 Year

Gilt##CRISIL 10 Year

Gilt##Kotak Gilt Fund

- GrowthNIFTY All Duration

G-Sec Index#

Last 1 Year 7.68% 6.41% 1.28% 4.93% 10,766 10,639 10,492

Last 5 Years 8.92% 8.48% 0.44% 7.34% 15,325 15,020 14,246


Last 3 Years 9.80% 10.01% -0.21% 8.94% 13,234 13,311 12,927

ALPHA

66

Kotak Gold Fund - GrowthKotak Gold

Fund - Growth Price of Gold# CRISIL 10 Year Gilt## Price of Gold# CRISIL 10 Year Gilt##

Last 5 Years 8.87% 8.60% 0.27% 7.34% 15,293 15,103 14,246

Last 1 Year 7.41% 7.65% -0.24% 4.93% 10,739 10,763 10,492

Last 3 Years 14.45% 14.67% -0.22% 8.94% 14,984 15,071 12,927

Since Inception 6.71% 8.15% -1.43% 7.00% 19,068 21,773 19,582

Kotak GoldFund - GrowthALPHA

Kotak Nifty ETF

Kotak Nifty ETF Nifty 50 TRI# S&P BSE SENSEX TRI## Kotak Nifty ETF Nifty 50 TRI# S&P BSE SENSEX TRI##

Since Inception 10.44% 11.81% -1.37% 12.12% 30,043 34,423 35,482

Last 3 Years 12.61% 12.88% -0.27% 14.22% 14,276 14,378 14,894

Last 5 Years 16.47% 17.29% -0.82% 17.89% 21,428 22,189 22,764

Last 1 Year 30.78% 31.37% -0.59% 30.00% 13,068 13,127 12,990

ALPHA

Scheme Inception date is 06/06/2008. Mr. Devender Singhal & Mr. Satish Dondapati has been managing the fund since 09/05/2019.



Kotak Sensex ETF

Kotak Sensex ETF S&P BSE SENSEX TRI# Nifty 50 TRI## Kotak Sensex ETF S&P BSE SENSEX TRI# Nifty 50 TRI##

Since Inception 9.82% 10.97% -1.16% 10.72% 32,947 37,653 36,589

Last 3 Years 13.90% 14.22% -0.32% 12.88% 14,770 14,894 14,378

Last 5 Years 16.96% 17.89% -0.93% 17.29% 21,876 22,764 22,189

Last 1 Year 29.55% 30.00% -0.44% 31.37% 12,946 12,990 13,127

ALPHA

Kotak Gold ETF

Kotak Gold ETF Price of Gold# CRISIL 10 Year Gilt## Price of Gold# CRISIL 10 Year Gilt##

Last 3 Years 13.80% 14.67% -0.86% 8.94% 14,734 15,071 12,927

Since Inception 11.78% 12.90% -1.12% 6.86% 45,471 52,042 24,663

Last 1 Year 7.10% 7.65% -0.55% 4.93% 10,708 10,763 10,492

Last 5 Years 7.64% 8.60% -0.96% 7.34% 14,450 15,103 14,246

Kotak Gold ETFALPHA

Kotak Global Emerging Market Fund - Growth

Kotak Global EmergingMarket Fund - Growth

MSCI Emerging Marketindex#

Nifty 50 TRI## Nifty 50 TRI##Kotak Global EmergingMarket Fund - Growth

MSCI Emerging Marketindex#

Last 1 Year 43.38% 39.33% 4.05% 31.37% 14,324 13,920 13,127

Last 5 Years 14.08% 17.53% -3.46% 17.29% 19,311 22,420 22,189

Last 3 Years 10.71% 11.32% -0.61% 12.88% 13,565 13,789 14,378

Since Inception 6.54% 8.59% -2.04% 9.64% 23,424 30,231 34,431

ALPHA


Different plans have different expense structure. The performance details provided herein are of regular plan Scheme Inception date is 26/09/2007. Mr. Arjun Khanna has been managing the fund since 09/05/2019.

Different plans have different expense structure. The performance details provided herein are of regular plan 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: CAGR (Compounded Annualised Growth Rate). N.A stands for data not available. Note: Point to Point (PTP) Returns in INR shows the value of 10,000/- investment made at inception. Source: ICRA MFI Explorer. # Name of Scheme Benchmark. ## Name of Additional Benchmark. Alpha is difference of scheme return with benchmark return.

Scheme Inception date is 25/03/2011. Mr. Abhishek Bisen has been managing the fund since 04/03/2011.


Scheme Inception date is 27/07/2007. Mr. Abhishek Bisen has been managing the fund since 15/04/2008 & Mr. Satish Dondapati has been managing the fund since 09/05/2019.


Scheme Inception date is 02/02/2010. Mr. Devender Singhal & Mr. Satish Dondapati has been managing the fund since 09/05/2019.




67

Kotak PSU Bank ETF

Kotak PSU Bank ETF Nifty PSU Bank TRI# Nifty 50 TRI## Nifty 50 TRI##Kotak PSU Bank ETF Nifty PSU Bank TRI#

Last 3 Years -8.76% -8.07% -0.68% 12.88% 7,598 7,770 14,378

Since Inception -1.63% -0.14% -1.49% 8.56% 8,039 9,821 29,835

Last 1 Year 22.03% 23.03% -1.00% 31.37% 12,196 12,296 13,127

Last 5 Years 2.48% 3.59% -1.11% 17.29% 11,302 11,929 22,189

ALPHA

Kotak Banking ETF

Kotak Banking ETF Nifty Bank Index TRI# Nifty 50 TRI## Kotak Banking ETF Nifty Bank Index TRI# Nifty 50 TRI##

Last 3 Years 11.08% 11.83% -0.75% 12.88% 13,702 13,981 14,378

Last 5 Years 20.08% 20.68% -0.59% 17.29% 24,958 25,581 22,189

Since Inception 10.87% 11.32% -0.45% 10.66% 18,995 19,481 18,772

Last 1 Year 17.49% 19.48% -1.99% 31.37% 11,744 11,942 13,127

ALPHA

Kotak NV20 ETF

Kotak NV20 ETF Nifty 50 Value20 TRI #

Nifty 50 TRI## Nifty 50 TRI##Kotak NV20 ETF Nifty 50 Value20 TRI #

Since Inception 16.43% 16.20% 0.23% 13.58% 22,205 21,974 19,500

Last 1 Year 39.37% 43.55% -4.18% 31.37% 13,924 14,341 13,127

Last 3 Years 15.26% 16.60% -1.34% 12.88% 15,308 15,847 14,378

Last 5 Years 19.02% 20.02% -1.00% 17.29% 23,877 24,893 22,189

ALPHA



Scheme Inception date is 01/12/2015. Mr. Devender Singhal & Mr. Satish Dondapati has been managing the fund since 09/05/2019. Different plans have different expense structure. The performance details provided herein are of regular plan

Scheme Inception date is 10/12/2014. Mr. Devender Singhal & Mr. Satish Dondapati has been managing the fund since 09/05/2019. Different plans have different expense structure. The performance details provided herein are of regular plan 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: CAGR (Compounded Annualised Growth Rate). N.A stands for data not available. Note: Point to Point (PTP) Returns in INR shows the value of 10,000/- investment made at inception. Source: ICRA MFI Explorer. # Name of Scheme Benchmark. ## Name of Additional Benchmark. TRI - Total Return Index, In terms of SEBI circular dated January 4, 2018, the performance of the scheme is benchmarked to the Total Return variant (TRI) of the Benchmark Index instead of Price Return Variant (PRI). Alpha is difference of scheme return with benchmark return.

Scheme Inception date is 08/11/2007. Mr. Devender Singhal & Mr. Satish Dondapati has been managing the fund since 09/05/2019. Different plans have different expense structure. The performance details provided herein are of regular plan



Kotak Balanced Advantage Fund - Growth, *Name of the Benchmark - NIFTY 50 Hybrid Composite Debt 50:50 Index . Scheme Inception date is 03/08/2018. Mr. Abhishek Bisen & Mr. Harish Krishnan has been managing the fund since 03/08/2018. Mr. Hiten Shah has been managing the fund since 03/10/2019.

Kotak Focused Equity Fund - Growth, *Name of the Benchmark - Nifty 200 TRI, Scheme Inception date is 16/07/2019. Mr. Harish Krishnan & Ms. Shibani Kurian has been managing the fund since 16/07/2019.

Kotak India Growth Fund Series 5- Growth, *Name of the Benchmark - Nifty 200 TRI, Scheme Inception date is 15/05/2018. Mr. Harish Krishnan has been managing the fund since 15/05/2018.

Kotak Equity Savings Fund - Growth, *Name of the Benchmark - 75% NIFTY 50 Arbitrage + 25% Nifty 50 TRI, Scheme Inception date is 13/10/2014. Mr. Harish Krishnan has been managing the fund since 09/05/2019. Mr. Abhishek Bisen has been managing the fund since 17/09/2014. Mr. Hiten Shah has been managing the fund since 03/10/2019.

Kotak Bluechip Fund - Growth, *Name of the Benchmark - Nifty 50 TRI, Scheme Inception date is 04/02/2003. Mr. Harish Krishnan has been managing the fund since 15/11/2013.

Kotak Pioneer Fund - Growth, *Name of the Benchmark - 85% IISL Kotak India Pioneering Innovations + 15% MSCI ACWI Information Technology Index TRI, Scheme Inception date is 31/10/2019. Mr. Harish Krishnan & Mr. Arjun Khanna has been managing the fund since 31/10/2019.

Scheme Names

Kotak Small Cap Fund - Growth

Kotak Equity Hybrid Fund - Growth

Kotak Emerging Equity Fund - Growth

1 YEAR 3 YEAR 5 YEAR Since Inception

SchemeReturns(%)^

BenchmarkReturns (%)^*

SchemeReturns(%)^


SchemeReturns(%)^


SchemeReturns(%)^


ABOUT OUR FUND MANAGERS

Kotak Equity Opportunities Fund (Sep 9, ‘04), Kotak Flexicap Fund (Erstwhile Known As Kotak Standard Multicap Fund) (Sep 11, ‘09), Kotak Tax Saver Fund (Nov. 23,'05), Kotak ESG Opportunities Fund (Dec. 11,'20).

Mr. Harsha Upadhyaya manages 4 funds of Kotak Mahindra Mutual Fund. Different plans shall have a different expense structure. The performance details provided herein are of regular plan.

Business ExperienceMr. 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. Harsha Upadhyaya

Mr. Harish Krishnan manages 7 funds of Kotak Mahindra Mutual Fund. Different plans shall have a different expense structure. The performance details provided herein are of regular plan.Kotak Bluechip Fund (Feb 04, ’03), Kotak Infrastructure & Economic Reform Fund (Feb 25, '08), Kotak India Growth Fund Series 5 (May15,’18), Kotak Balanced Advantage Fund (Aug. 03,’18), Kotak Equity Savings Fund (Oct. 13' 14), Kotak Focused Equity fund (Jul 16, '19), Kotak Pioneer Fund (Oct 31, '19).

Mr. Harish has a decade of experience spread over Equity Research and Fund Management. Prior to joining Kotak Mahindra 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.

Business Experience

Name: Mr. Harish Krishnan

Name: Mr. Pankaj TibrewalMr. Pankaj Tibrewal manages 3 funds of Kotak Mahindra Mutual Fund. Different plans shall have a different expense structure. The performance details provided herein are of regular plan.

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.

Business ExperienceKotak Small Cap Fund (Feb. 24,‘05), Kotak Emerging Equity Fund (Mar 30,'07), Kotak Equity Hybrid Fund (Nov. 25,'99)

Scheme Names

Kotak Equity Opportunities Fund - Growth

Kotak Flexicap Fund - Growth (ErstwhileKnown As Kotak Standard Multicap Fund)

Kotak Tax Saver Fund - Growth


SchemeReturns(%)^


SchemeReturns(%)^


SchemeReturns(%)^


SchemeReturns(%)^


Kotak Equity Opportunities Fund - Growth, *Name of the Benchmark - Nifty 200 TRI, Scheme Inception date is 09/09/2004. Mr. Harsha Upadhyaya has been managing the fund since 04/08/2012.Kotak Tax Saver Fund - Growth, *Name of the Benchmark - Nifty 500 TRI, Scheme Inception date is 23/11/2005. Mr. Harsha Upadhyaya has been managing the fund since 25/08/2015.Kotak Flexicap Fund - Growth (Erstwhile Known As Kotak Standard Multicap Fund), *Name of the Benchmark - Nifty 200 TRI, Scheme Inception date is 11/09/2009. Mr. Harsha Upadhyaya has been managing the fund since 04/08/2012.

Kotak Smallcap Fund - Growth, *Name of the Benchmark - NIFTY Smallcap 100 TRI, Scheme Inception date is 24/02/2005. Mr. Pankaj Tibrewal has been managing the fund since 21/01/2010.

Kotak Equity Hybrid Fund - Growth, *Name of the Benchmark - NIFTY 50 Hybrid Composite Debt 65:35 Index, Scheme Inception date is 25/11/1999 and Kotak Equity Hybrid Fund - Regular plan scheme inception date is 3rd November 2014. Mr. Pankaj Tibrewal has been managing the fund since 25/08/2015. Mr. Abhishek Bisen has been managing the fund since 15/04/2008.

Kotak Emerging Equity Fund - Growth, *Name of the Benchmark - Nifty Midcap 100 TRI, Scheme Inception date is 30/03/2007. Mr. Pankaj Tibrewal has been managing the fund since 27/05/2010.

Scheme Names

Kotak Bluechip Fund - Growth



SchemeReturns(%)^


SchemeReturns(%)^


SchemeReturns(%)^


SchemeReturns(%)^


29.09 24.87 11.16 12.46 15.19 14.80 10.53 10.34

52.24 43.58 13.09 -0.17 20.40 14.19 16.48 12.74

36.76 39.98 12.07 6.79 19.97 16.24 13.20 13.32

68

Kotak India Growth Fund - Series 5 - Growth 46.61 32.24 NA NA NA NA 13.89 11.46

27.51 32.24 NA NA NA NA 19.91 16.55

18.49 21.42 NA NA NA NA 10.92 11.67

13.14 9.63 7.90 7.04 9.34 8.16 8.37 7.19

30.07 31.37 11.81 12.88 15.75 17.29 19.67 17.22

55.50 42.30 NA NA NA NA 36.78 24.67

27.71 32.24 11.58 11.35 17.91 17.19 18.31 15.37

24.97 32.24 10.82 11.35 17.38 17.19 13.91 11.56

26.85 33.47 12.19 10.86 17.41 17.31 12.17 13.03

Kotak Pioneer Fund - Growth

Scheme Names

Kotak Gold ETF

Kotak Gold Fund - Growth

Kotak Bond Fund - Growth


SchemeReturns(%)^


SchemeReturns(%)^


SchemeReturns(%)^


SchemeReturns(%)^


Top 3

Bottom 3

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, 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).

Name: Mr. Abhishek Bisen

Business Experience

Mr. Abhishek Bisen manages 8 funds of Kotak Mahindra Mutual Fund. Different plans shall have a different expense structure. The performance details provided herein are of regular plan.Kotak Equity Hybrid Fund (Nov. 05, 2014), Kotak Debt Hybrid Fund (Dec. 02, ‘03), Kotak Bond Fund (Regular Plan) (Apr. 15, ’08), Kotak Gilt Fund (Regular & PF-Trust) (Dec. 29, ’98), Kotak Equity Savings Fund (Oct. 13, '14), Kotak Gold ETF (Jul. 27, ’07), Kotak Gold Fund (Mar. 25, '11), Kotak Balanced Advantage Fund (Aug. 03' 18)

6.72 7.65 8.79 9.12 8.00 8.59 8.78 NA

7.10 7.65 13.80 14.67 7.64 8.60 11.78 12.90

29.09 24.87 11.16 12.46 15.19 14.80 10.53 10.34

18.49 21.42 NA NA NA NA 10.92 11.67

15.02 11.66 9.23 10.10 10.46 10.30 8.09 8.55

7.41 7.65 14.45 14.67 8.87 8.60 6.71 8.15

Kotak Equity Hybrid - Growth





Kotak ESG Opportunities Fund - Growth Kotak ESG Opportunities Fund has not yet completed 1 year from Inception, the performance of the scheme is not disclosed.

Business Experience

Name: Mr. Deepak AgrawalMr. Deepak Agrawal manages 12 funds & All FMPs of Kotak Mahindra Mutual Fund. Different plans shall have a different expense structure. The performance details provided herein are of regular plan.(Kotak Bond Short Term Fund (May. 02, ’02), Kotak Dynamic Bond Fund (May. 26, ‘08), Kotak Money Market Fund (Nov. 25, ‘07), Kotak Liquid Fund (Nov. 04, ‘03), Kotak Banking and PSU Debt Fund (Dec. 29, ’98), Kotak Savings Fund (Jul. 11, ’07), Kotak Credit Risk Fund (May 11, '10), Kotak Medium Term Fund (Mar. 21, ’14), Kotak Low Duration Fund (Jan. 31, ’15), Kotak Corporate Bond Fund (Sep. 21, ’07), Kotak Overnight Fund (Jan. 15, 19) All Fixed Maturity Plans in existence (Aug. 13,'15), Kotak Floating Fund (May. 14, 2019).

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.

Scheme Names

Kotak Corporate Bond Fund - Growth

Kotak Floating Rate Fund - Growth


SchemeReturns(%)^


SchemeReturns(%)^


SchemeReturns(%)^


SchemeReturns(%)^


Kotak Overnight Fund - Growth

Kotak Liquid Fund - Growth

Kotak Credit Risk Fund - Growth

Top 3

Bottom 3

Kotak Banking and PSU Debt Fund - Growth

Kotak Banking and PSU Debt Fund - Growth, *Name of the Benchmark - CRISIL Banking and PSU Debt Index, Scheme Inception date is 29/12/1998. Mr. Deepak Agrawal has been managing the fund since 01/08/2008. Kotak Corporate Bond Fund - Growth, *Name of the Benchmark - CRISIL Corporate Bond Composite Index, Scheme Inception date is 21/09/2007. Mr. Deepak Agrawal has been managing the fund since 01/02/2015.

Kotak Liquid Fund - Growth, *Name of the Benchmark - NIFTY Liquid Index, Scheme Inception date is 04/11/2003. Mr. Deepak Agrawal has been managing the fund since 01/05/2007. Kotak Overnight Fund - Growth, *Name of the Benchmark - NIFTY 1D Rate Index, Scheme Inception date is 15/01/2019. Mr. Deepak Agrawal has been managing the fund since 15/01/2019.

Kotak Floating Rate Fund - Growth, *Name of the Benchmark - NIFTY Ultra Short Duration Debt Index, Scheme Inception date is 14/05/2019. Mr. Deepak Agrawal has been managing the fund since 14/05/2019.

Kotak Credit Risk Fund - Growth, *Name of the Benchmark - Nifty Credit Risk Bond Index, Scheme Inception date is 11/05/2010. Mr. Deepak Agrawal has been managing the fund since 12/04/2010.

55

Kotak India Growth Fund - Series 4 - Growth, *Name of the Benchmark - Nifty 200 TRI, Scheme Inception date is 14/02/2018. Mr. Devender Singhal has been managing the fund since 24/01/2019.

Kotak Nifty ETF - *Name of the Benchmark - Nifty 50 TRI, Scheme Inception date is 02/02/2010. Mr. Devender Singhal & Mr. Satish Dondapati has been managing the fund since 09/05/2019.

Kotak PSU Bank ETF - *Name of the Benchmark Nifty PSU Bank TRI, Scheme Inception date is 08/11/2007. Mr. Devender Singhal & Mr. Satish Dondapati has been managing the fund since 09/05/2019.

Kotak NV20 ETF - *Name of the Benchmark Nifty 50 Value 20 TRI, Scheme Inception date is 01/12/2015. Mr. Devender Singhal & Mr. Satish Dondapati has been managing the fund since 09/05/2019.

Kotak Banking ETF - *Name of the Benchmark - Nifty Bank TRI, Scheme Inception date is 10/12/2014. Mr. Devender Singhal & Mr. Satish Dondapati has been managing the fund since 09/05/2019.

Kotak Debt Hybrid Fund - Growth, *Name of the Benchmark - CRISIL Hybrid 85+15 - Conservative Index, Scheme Inception date is 02/12/2003. Mr. Abhishek Bisen has been managing the fund since 01/04/2008. Mr. Devender Singhal has been managing the fund since 25/08/2015.

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.

Business Experience

Kotak Debt Hybrid Fund - Growth (Dec. 02, ’03), Kotak India Growth Fund Series-4 (Feb. 20, '18), Kotak NV20 ETF (Dec. 01, '15), Kotak Banking ETF (Dec. 10, '14), Kotak Sensex ETF (Jun. 06, '08), Kotak Asset Allocator Fund (Aug,. 09, '04), Kotak PSU Bank ETF (Nov. 08, 07), Kotak Nifty ETF (Feb. 02, '10)

Name: Mr. Devender SinghalMr. Devender Singhal manages 8 funds of Kotak Mahindra Mutual Fund. Different plans shall have a different expense structure. The performance details provided herein are of regular plan.

7.41 7.93 8.38 8.94 8.30 8.85 8.18 9.39

2.96 3.12 NA NA NA NA 4.29 4.43

8.08 5.14 NA NA NA NA 7.72 6.10

4.55 9.87 7.02 9.00 7.55 9.00 8.08 9.30

7.44 6.32 8.94 8.68 8.46 8.54 7.53 NA

3.77 3.88 5.77 5.82 6.27 6.24 7.15 7.17

Scheme Names

Kotak NV20 ETF



SchemeReturns(%)^


SchemeReturns(%)^


SchemeReturns(%)^


SchemeReturns(%)^


Kotak India Growth Fund -Series 4 - Growth

Kotak PSU Bank ETF

Top 3

Bottom 3

Kotak Nifty ETF 39.37 43.55 15.26 16.60 19.02 20.02 16.43 16.20

22.03 23.03 -8.76 -8.07 2.48 3.59 -1.63 -0.14 17.49 19.48 11.08 11.83 20.08 20.68 10.87 11.32

66.67 32.24 14.71 11.35 NA NA 14.62 11.73

15.02 11.66 9.23 10.10 10.46 10.30 8.09 8.55

30.78 31.37 12.61 12.88 16.47 17.29 10.44 11.81

69

Kotak Debt Hybrid Fund - Growth, *Name of the Benchmark - CRISIL Hybrid 85+15 - Conservative Index, Scheme Inception date is 02/12/2003. Mr. Abhishek Bisen has been managing the fund since 01/04/2008. Mr. Devender Singhal has been managing the fund since 25/08/2015.

Kotak Gold ETF, *Name of the Benchmark - Price of Gold, Scheme Inception date is 27/07/2007. Mr. Abhishek Bisen has been managing the fund since 15/04/2008. & Mr. Satish Dondapati has been managing the fund since 09/05/2019.

Kotak Equity Hybrid Fund - Growth, *Name of the Benchmark - NIFTY 50 Hybrid Composite Debt 65:35 Index, Scheme Inception date is 25/11/1999 and Kotak Equity Hybrid Fund - Regular plan scheme inception date is 3rd November 2014. Mr. Pankaj Tibrewal has been managing the fund since 25/08/2015. Mr. Abhishek Bisen has been managing the fund since 15/04/2008.

Kotak Balanced Advantage Fund - Growth, *Name of the Benchmark - NIFTY 50 Hybrid Composite Debt 50:50 Index . Scheme Inception date is 03/08/2018. Mr. Abhishek Bisen & Mr. Harish Krishnan has been managing the fund since 03/08/2018. Mr. Hiten Shah has been managing the fund since 03/10/2019.

Kotak Gold Fund - Growth, *Name of the Benchmark - Price of Gold, Scheme Inception date is 25/03/2011. Mr. Abhishek Bisen has been managing the fund since 04/03/2011.

Kotak Bond Fund - Growth, *Name of the Benchmark - NIFTY Medium to Long Duration Debt Index, Scheme Inception date is 25/11/1999. Mr. Abhishek Bisen has been managing the fund since 01/04/2008.

55

Kotak Focused Equity Fund - Growth, *Name of the Benchmark - Nifty 200 TRI, Scheme Inception date is 16/07/2019. Mr. Harish Krishnan & Ms. Shibani Kurian has been managing the fund since 16/07/2019. Kotak India Growth Fund - Series 7 - Growth, *Name of the Benchmark - Nifty 50 TRI, Scheme Inception date is 31/08/2018. Ms. Shibani Kurian has been managing the fund since 09/05/2019.

Kotak India EQ Contra Fund - Growth, *Name of the Benchmark - Nifty 100 TRI, Scheme Inception date is 27/07/2005. Ms. Shibani Kurian has been managing the fund since 09/05/2019.

Ms. Shibani Sircar Kurian has a total experience of 19 years in the Indian equity markets of which almost more than 11 years have been with Kotak Mahindra Asset Management Company Limited. Her primary responsibilities include equity fund management and heading the equity research team.Prior to joining Kotak Mahindra Asset Management Company Limited, she worked for almost 6 years with UTI Asset Management Company Limited. and for 1 and half years with Dawnay Day AV Financial Services.

Name: Ms. Shibani KurianMs. Shibhani Kurian manages 3 funds of Kotak Mahindra Mutual Fund. Different plans shall have a different expense structure. The performance details provided herein are of regular plan.Kotak India EQ Contra Fund - Growth (July. 27, '05), Kotak India Growth Fund Series 7 (Aug. 31, 18), Kotak Focused Equity fund (Jul 16, '19).Business Experience

She holds a PGDM (with a specialization in Finance) from T.A. Pai Management Institute, Manipal and a BSc (Hons) in Economics from St. Xavier’s College, Kolkata.

Scheme Names

Kotak India EQ Contra Fund - Growth


SchemeReturns(%)^


SchemeReturns(%)^


SchemeReturns(%)^


SchemeReturns(%)^


Kotak India Growth Fund Series 7 - Growth

31.23 31.20 12.93 11.91 18.30 17.19 13.21 14.08

20.18 31.37 NA NA NA NA 10.42 10.37

27.51 32.24 NA NA NA NA 19.91 16.55

Kotak Banking ETF


70

Name: Mr. Arjun Khanna

Business ExperienceMr. Arjun Khanna has over 10 years of experience in banking and financial companies. Prior to joining Kotak Asset Management Company Limited, he worked in equity research in Principal PNB AMC. He has also worked at Citigroup NA in his earlier stint. He is a Bachelor of Engineering (Electronics) from Mumbai University and a post Graduate in Masters of Management Studies (Finance) from Jamnalal Bajaj Institute of Management Studies. He is a holder of the right to use the Chartered Financial Analyst® designation and is a Financial Risk Manager - Certified by the Global Association of Risk Professionals.

Mr. Arjun Khanna manages 3 funds of Kotak Mahindra Mutual Fund. Different plans shall have a different expense structure. The performance details provided herein are of regular plan.Kotak Global Emerging Market Fund - Growth (Sep. 26, '07), Kotak Pioneer Fund (Oct 31, '19), Kotak International REIT FOF - Growth (Dec. 29, ‘20).

Scheme Names

Kotak Global Emerging Market Fund - Growth

Kotak International REIT FOF - Growth


SchemeReturns(%)^


SchemeReturns(%)^


SchemeReturns(%)^


SchemeReturns(%)^


43.38 39.33 10.71 11.32 14.08 17.53 6.54 8.59

55.50 42.30 NA NA NA NA 36.78 24.67Kotak Pioneer Fund - Growth

Kotak Global Emerging Market Fund - Growth, *Name of the Benchmark - MSCI Emerging Market index, Scheme Inception date is 26/09/2007. Mr. Arjun Khanna has been managing the fund since 09/05/2019.

Kotak Pioneer Fund - Growth, *Name of the Benchmark - 85% IISL Kotak India Pioneering Innovations + 15% MSCI ACWI Information Technology Index TRI, Scheme Inception date is 31/10/2019. Mr. Harish Krishnan & Mr. Arjun Khanna has been managing the fund since 31/10/2019.

Business Experience

Kotak NV20 ETF (Dec. 1, '15), Kotak Banking ETF (Dec. 10, '14), Kotak Sensex ETF (Jun. 06, '08), Kotak Nifty ETF (Feb. 02, '10), Kotak PSU Bank ETF (Nov. 08, '07), Kotak Gold ETF (Jul. 27, '07).

Mr. Satish Dondapati manages 6 funds of Kotak Mahindra Mutual Fund. Different plans shall have a different expense structure. The performance details provided herein are of regular plan.

Name: Mr. Satish Dondapati

Mr. Satish Dondapati has been associated with the company since March 2008. He has over 15 years of experience in MF Product Development and Sales. Prior to joining Kotak Asset Management Company Limited, he was the part of MF Product Team of Centurion Bank Of Punjab.

Scheme Names

Kotak NV20 ETF

Kotak Gold ETF


SchemeReturns(%)^


SchemeReturns(%)^


SchemeReturns(%)^


SchemeReturns(%)^


Kotak PSU Bank ETF

Kotak Nifty ETF

Kotak Sensex ETF

Kotak Banking ETF

Kotak PSU Bank ETF, *Name of the Benchmark - Nifty PSU Bank TRI, Scheme Inception date is 08/11/2007. Mr. Devender Singhal & Mr. Satish Dondapati has been managing the fund since 09/05/2019.

Kotak Nifty ETF, *Name of the Benchmark - Nifty 50 TRI, Scheme Inception date is 02/02/2010. Mr. Devender Singhal & Mr. Satish Dondapati has been managing the fund since 09/05/2019.

Kotak Gold ETF, *Name of the Benchmark - Price of Gold, Scheme Inception date is 27/07/2007. Mr. Abhishek Bisen has been managing the fund since 15/04/2008. & Mr. Satish Dondapati has been managing the fund since 09/05/2019.

Kotak NV20 ETF - *Name of the Benchmark Nifty 50 Value 20 TRI, Scheme Inception date is 01/12/2015. Mr. Devender Singhal & Mr. Satish Dondapati has been managing the fund since 09/05/2019.

Kotak Sensex ETF, *Name of the Benchmark - S&P BSE SENSEX TRI, Scheme Inception date is 06/06/2008. Mr. Devender Singhal & Mr. Satish Dondapati has been managing the fund since 09/05/2019.

Kotak Banking ETF, *Name of the Benchmark - Nifty Bank TRI, Scheme Inception date is 10/12/2014. Mr. Devender Singhal & Mr. Satish Dondapati has been managing the fund since 09/05/2019.

22.03 23.03 -8.76 -8.07 2.48 3.59 -1.63 -0.14

17.49 19.48 11.08 11.83 20.08 20.68 10.87 11.32

30.78 31.37 12.61 12.88 16.47 17.29 10.44 11.81

29.55 30.00 13.90 14.22 16.96 17.89 9.82 10.97

7.10 7.65 13.80 14.67 7.64 8.60 11.78 12.90

39.37 43.55 15.26 16.60 19.02 20.02 16.43 16.20

Name: Mr. Hiten Shah

Kotak Balanced Advantage Fund (Aug. 03, ’18), Kotak Equity Savings Fund (Oct. 13, ‘2014), Kotak Equity Arbitrage Fund (Sep. 29, ‘05)Business ExperienceMr. Hiten Shah, is a MMS in Finance with over 11 years of work experience. Prior to joining Kotak Mahindra Mutual Fund, he was associated with Edelweiss Asset Management for more than 8 years as a Co-Fund manager and Chief dealer in equities segment. Mr Hiten Shah was also associated with Edelweiss securities Ltd. as low risk arbitrage trader for more than 3 years.

Mr. Hiten Shah manages 3 fund of Kotak Mahindra Mutual Fund Different plans shall have a different expense structure. The performance details provided herein are of regular plan.

Scheme Names



SchemeReturns(%)^


SchemeReturns(%)^


SchemeReturns(%)^


SchemeReturns(%)^


Kotak Equity Arbitrage Fund - Growth


Kotak Balanced Advantage Fund - Growth, *Name of the Benchmark - NIFTY 50 Hybrid Composite Debt 50:50 Index . Scheme Inception date is 03/08/2018. Mr. Abhishek Bisen & Mr. Harish Krishnan has been managing the fund since 03/08/2018. Mr. Hiten Shah has been managing the fund since 03/10/2019. Kotak Equity Savings Fund - Growth, *Name of the Benchmark - 75% Nifty 50 Arbitrage + 25% Nifty 50 TRI, Scheme Inception date is 13/10/2014. Mr. Harish Krishnan has been managing the fund since 09/05/2019. Mr. Abhishek Bisen has been managing the fund since 17/09/2014. Mr. Hiten Shah has been managing the fund since 03/10/2019. Kotak Equity Arbitrage Fund - Growth, *Name of the Benchmark - Nifty 50 Arbitrage Index, Scheme Inception date is 29/09/2005. Mr. Hiten Shah has been managing the fund since 03/10/2019.

18.49 21.42 NA NA NA NA 10.92 11.67

3.54 1.86 5.39 4.54 5.77 4.84 7.13 NA

13.14 9.63 7.90 7.04 9.34 8.16 8.37 7.19

Kotak Asset Allocator Fund - Growth

32.99 26.27 NA NA NA NA 31.39 23.40

29.02 21.86 10.27 11.48 11.55 15.48 6.22 8.30

24.89 16.50 12.88 11.32 12.23 11.84 15.64 12.25 Kotak International REIT FOF has not yet completed 1 year from Inception,the performance of the scheme is not disclosed.

DIVIDEND HISTORY

Equity Schemes

Record Date Cum Dividend NAV `/Unit

Sep-21-20 10.7294 0.0312

Dec-28-20 10.7037 0.0317

Oct-26-20 10.7356 0.0355

Feb-22-21 10.7222 0.0251Jan-25-21 10.7102 0.0256

Nov-23-20 10.7245 0.0438

Kotak Equity Arbitrage Fund - Monthly Dividend Option

71

Jan-25-21 23.0222 0.0271

Feb-22-21 23.0599 0.0648

Dec-28-20 23.0206 0.0255Dec-14-20 23.0109 0.0158

Feb-08-21 23.011 0.0159

Jan-11-21 23.0504 0.0553

Kotak Equity Arbitrage Fund - Fortnightly Dividend Option


Kotak Equity Arbitrage Fund - Bimonthly Dividend

Jan-25-21 20.0406 0.1071

Sep-21-20 20.0553 0.0964Jul-27-20 20.0187 0.0707

Mar-23-20 20.1478 0.2157May-26-20 20.1008 0.152

Nov-23-20 20.0743 0.1481


Dec-27-18 32.943 0.8677Dec-23-19 37.059 2.5606

Mar-23-18 35.3566 3.604

Jun-28-17 39.0457 1.5

Dec-23-20 38.489 1.523

Dec-28-17 39.2181 1.52

Kotak Bluechip Fund - Dividend



Jul-20-20 18.519 1.086

Mar-23-18 23.714 4.778Jul-28-17 23.4326 0.7

Jul-25-19 20.628 1.8797

Jul-15-16 19.6923 0.5Nov-20-15 18.54 0.5


Nov-26-19 24.65 0.4498

May-26-20 19.263 0.387Feb-26-20 25.006 0.4533

Feb-23-21 28.46 0.575Nov-23-20 25.459 0.488Aug-24-20 23.396 0.457




Feb-28-18 45.3733 1.265

Feb-24-21 52.435 2.586Feb-27-20 38.797 2.8244Feb-20-19 33.152 0.8942

Feb-27-17 36.4033 1.45Feb-23-16 26.77 1


Kotak Asset Allocator Fund

Aug-30-10 37.774 Individual/ HUF: 0.8784 Others: 0.8186



Mar-23-18 26.1532 2.674

May-27-16 21.1956 1.3

May-20-20 17.646 0.536

May-26-17 26.01 1.59

Apr-28-15 21.499 2.1

May-24-19 23.623 1.6123



Kotak Flexicap Fund (Erstwhile Known As Kotak Standard Multicap Fund)

Oct-12-15 19.739 1.00

Sep-27-17 23.5921 1.5

Sep-24-19 24.035 1.2024

Sep-30-16 21.3488 1.25

Sep-24-18 23.504 1.3281

Sep-24-20 20.984 0.883


Kotak Equity Saving Fund - Monthly Dividend Option

Sep-14-20 11.4749 0.0405

Jul-13-20 11.2263 0.043

Nov-12-20 11.8299 0.0381Oct-12-20 11.6235 0.0395

Dec-14-20 12.0606 0.0404

Aug-12-20 11.4015 0.0423


Kotak Equity Saving Fund - Quarterly Dividend

Sep-21-20 11.3791 0.1253Jun-22-20 11.1034 0.221Dec-20-19 11.3744 0.0329Sep-20-19 11.0934 0.1354

Mar-20-19 11.2372 0.1553Jun-20-19 11.2538 0.1576


Kotak Infrastructure and Economic Reform Fund

Feb-21-19 16.252 0.4356

Jun-23-15 15.2601 0.5

Feb-28-18 20.5821 0.625

Feb-23-17 17.5644 0.5


Hybrid Schemes

Dec-23-20 17.878 0.089

Dec-26-19 15.994 0.139

Jun-25-19 15.572 0.1398

Sep-25-20 15.192 0.077Jun-12-20 13.671 0.068

Sep-25-19 15.339 0.1301


Kotak Tax Saver Fund

Dec-23-20 20.119 0.399

Jun-12-20 15.531 0.155Sep-28-20 17.455 0.349

Dec-24-19 19.111 0.3346Sep-26-19 18.653 0.3108

Mar-26-20 13.818 0.2878


Kotak Bond Short Term Fund - Half Yearly Dividend

Sep-21-18 12.0475 Individual/ HUF: 0.0042 Others: 0.0039

Mar-20-19 12.6446 Individual/ HUF: 0.0039 Others: 0.0036



72

Kotak PSU Bank ETF

Mar-10-17 334.3964 0.2Feb-21-13 358.8668 19.00

ETF Schemes


Kotak Nifty ETF

Mar-10-17 904.9522 10.00May-06-16 785.7880 11.00May-06-13 613.1266 11.00



Others: 0.0917

Others: 0.0636

Feb-12-21 12.8491 Individual/ HUF: 0.0917

Others: 0.0845Dec-14-20 12.5729 Individual/ HUF: 0.0636

Jan-12-21 12.7989 Individual/ HUF: 0.0845

Kotak Debt Hybrid Fund - Monthly Dividend

Kotak Debt Hybrid Fund - Quarterly Dividend

Others: 0.1881

Jun-22-20 13.1788 Individual/ HUF: 0.1749 Others: 0.1797

Dec-22-20 14.3163 Individual/ HUF: 0.1881

Sep-21-20 13.6529 Individual/ HUF: 0.1797

Others: 0.1749


Kotak Bond Fund Regular Plan - Annual Dividend

Others: 1.2006

Mar-20-14 21.2977 Individual/ HUF: 0.2158 Others: 0.2067Mar-20-13 22.5941 Individual/ HUF: 1.4008


Kotak Bond Short Term Fund - Monthly Dividend

Feb-12-21 10.1079 Individual/ HUF: 0.0345

Others: 0.0272

Others: 0.0345



Others: 0.0552


Kotak Bond Fund Regular Plan - Quarterly Dividend Option

Dec-22-20 13.01 Individual/ HUF: 0.0557 Others: 0.0557Sep-21-20 12.6259 Individual/ HUF: 0.041

Others: 0.3592



Debt Schemes

Kotak SENSEX ETF

Mar-11-17 297.6072 7.50Mar-10-17 297.6072 7.50Jun-18-13 201.3164 7.00


Kotak Credit Risk Fund - Annual Dividend

Mar-12-20 11.0635 Individual/ HUF: 0.7027

Others: 0.4203Mar-12-19 10.8959 Individual/ HUF: 0.4539 Others: 0.6507

Others: 0.4243Mar-12-18 10.8586 Individual/ HUF: 0.458


Kotak Credit Risk Fund - Monthly Dividend


Aug-12-20 10.3792 Individual/ HUF: 0.0462


Others: 0.0462

Oct-12-20 10.4296 Individual/ HUF: 0.0664 Others: 0.0664

Others: 0.0842

Kotak Dynamic Bond Fund - Quarterly Dividend


Others: 0.1959Jun-22-20 11.6394 Individual/ HUF: 0.5261 Others: 0.5261



Kotak Savings Fund - Monthly Dividend


Feb-12-21 10.7071 Individual/ HUF: 0.0004 Others: 0.0004Jun-12-20 10.4812 Individual/ HUF: 0.0694

May-12-20 10.4747 Individual/ HUF: 0.079 Others: 0.079

Others: 0.0694

Kotak Dynamic Bond Fund - Monthly Dividend


Jan-12-21 21.8813 Individual/ HUF: 0.1109 Others: 0.1109Dec-14-20 21.9135 Individual/ HUF: 0.1431

Others: 0.1431Nov-12-20 21.9765 Individual/ HUF: 0.2061 Others: 0.2061

Kotak Credit Risk Fund - Quarterly Dividend

Others: 0.0413


Others: 0.1109

Others: 0.2223Jun-22-20 10.9416 Individual/ HUF: 0.1109



Kotak Medium Term Fund - Annual Dividend


Others: 0.433

Others: 0.588Mar-12-19 11.1171 Individual/ HUF: 0.4473 Others: 0.4142Mar-12-18 11.0849 Individual/ HUF: 0.4674


73

Kotak Gilt Fund PF and Trust Plan - Quarterly Dividend

Others: 0.3767

Others: 0.0341Sep-21-20 11.9716 Individual/ HUF: 0.0341

Jun-22-20 12.6149 Individual/ HUF: 0.6777


Others: 0.6777


Kotak Gilt Fund Regular Plan - Quarterly Dividend


Jun-22-20 15.4225 Individual/ HUF: 0.8284 Others: 0.0417Sep-21-20 14.6362 Individual/ HUF: 0.0417 Others: 0.1522

Others: 0.8284


Kotak Money Market Fund - Monthly Dividend


Others: 1.0249

Feb-12-21 1034.4517 Individual/ HUF: 2.4758 Others: 2.4758Jan-12-21 1034.54 Individual/ HUF: 2.5638 Others: 2.5638Dec-14-20 1033.0008 Individual/ HUF: 1.0249

Kotak Banking and PSU Debt Fund - Monthly Dividend

Feb-12-21 10.4128 Individual/ HUF: 0.0022 Others: 0.0022Jan-12-21 10.5332 Individual/ HUF: 0.0487

Dec-14-20 10.5472 Individual/ HUF: 0.0627 Others: 0.0627

Others: 0.0487


Debt Schemes

Kotak Banking and PSU Debt Fund - Annual Dividend

Others: 0.9421

Mar-20-15 16.7914 Individual/ HUF: 0.9986 Others: 0.819



Others: 0.9261


Kotak Corporate Bond Fund - Regular Plan Monthly Dividend

Record Date Cum Dividend NAV `/UnitFeb-12-21 1049.9822 Individual/ HUF: 3.591 Others: 3.591

Others: 3.3611Dec-14-20 1063.1631 Individual/ HUF: 6.1205 Others: 6.1205



Kotak Corporate Bond Fund - Regular Quarterly Dividend



Jun-20-17 1070.4266 Individual/ HUF: 15.966 Others: 14.7922

Others: 10.3208

Others: 16.3912

Kotak Low Duration Fund - Regular Plan Monthly Dividend


Jan-12-21 1026.091 Individual/ HUF: 2.8081 Others: 2.8081Dec-14-20 1027.3206 Individual/ HUF: 4.038

Nov-12-20 1029.2144 Individual/ HUF: 5.9318 Others: 5.9318

Others: 4.038

Kotak Medium Term Fund - Quarterly Dividend


Others: 0.2113Jun-22-20 10.7686 Individual/ HUF: 0.2113

Dec-22-20 10.9108 Individual/ HUF: 0.3469 Others: 0.3469

Others: 0.2771Sep-21-20 10.8378 Individual/ HUF: 0.2771

To know more kindly logon to- https://assetmanagement.kotak.com/dividend-history

There is no assurance or guarantee to Unit holders as to rate/quantum of dividend distribution nor that the dividends will be paid regularly. After payment of the dividend, the per Unit NAV falls to the extent of the payout and statutory levy, if any.Dividend frequency is as per Trustee's discretion.

Kotak Floating Rate Fund


Others: 8.9912

Feb-12-21 1074.7549 Individual/ HUF: 4.6059 Others: 4.6059



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.

RISK FACTORS

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: 91-22-6708 2213 E-mail: [email protected] www.kotakamc.com.Corporate Office Website:

of Asset Management Company: 2nd Floor, 12-BKC, Plot No C-12, G Block, BKC, Bandra (East),Mumbai - 400 051

Contact Details

Ambala: 0171-4003033

Ahmedabad: 079-26779888/ 26766077

Ajmer: 0145-2628881

Aligarh: 0571-6453223

Allahabad: 0532-2260072

Agra: 0562-4009647 / 9721333365

Bhavnagar: 0278-2519544 / 3003130 / 9909973263

Aurangabad: 0240-6611189 / 90

Anand: 02692-650281

Bareilly: 0581-2510521

Bhilai: 0788-2225385

Bhopal: 0755-6461018

Bangalore: 080-61874600 / 01 / 02 / 03

Bhubaneshwar: 8114392770

Bhuj: 02832-221572

Borivali: 8879236208 / 8879236194

Calicut: 495-2701031

Chennai: 044-28221333 / 7823911500

Cochin: 0484-4851170/ 9745005122

Amritsar: 0183-5018777

Coimbatore: 422-6572165

Cuttack: 91-8114392771/ 9776000093

Dehradun: 135-2742900/ 6453000

Dhanbad: 9334235493

Goa: 0832-6650490

Chandigarh: 0172-4671885/ 5049476

Gwalior: 0751-2347815

Gorakpur: 0551-2204127

Durgapur: 0343-6456038/ 2544609

Belgaum- 0831-4089172

Hyderabad: 040-23314052 / 53 / 29

Kota: 9983324038

Meerut: 0121-2658105

Jamshedpur: 0657-2317041/6543474/ 9570000685

Kolkata: 033- 46021037 / 46037141 /4603740

Kolhapur: 9823705031

Mumbai: 022-66056825

Lucknow: 522-4021168/ 4021169

Mysore: 0821-6541192

Jabalpur: 9713508228

Nagpur: 0712-2425052/8577

Jodhpur: 0291-2630625

New Delhi: 011-41100860/65

Panipat: 0180-2632062

Muradabad: 0591-6456667

Indore: 0731-6453390

Kanpur: 0512-6454641/ 2541017

Ludhiana: 0161-4646602/ 4646604

Jalgaon: 0257-2237131/ 32

Jammu: 0191-2470779

Jaipur: 0141-2373879

Kottayam: 0481-2577077

Mangalore: 0824-6452006

Mumbai: (Thane): 022- 25348353 / 54

Jalandhar: 0181-2233481/ 9988883566

Jamnagar: 0288-2555589

Nashik: 253-6574255

Gurgaon: 0124-4165424/26

Guwahati: 0361-2734784

Hubli: 0836-6450140

Patna: 0612-6451120

Patiala: 0175-5015268

Ranchi: 0651-6454629/ 2332274/

Rohtak- 0180-4022062

Silliguri: 0353-2522012

Trichur: 0471-4470134 / 9745002032 / 9072402033

Trivandrum: 0471-4470134/ 9745002032

9709001533

Pondicherry: 9962029229

Pune: 020- 29528111

Raipur: 0771-4270917

Rajkot: 0281-6620735

Rourkela: 0661-6450114/ 9776640098

Saharanpur - 0132-2724757

Salem: 0427- 4960766 / 9843060099

Shimla: 0177-6451211/ 2807911

Surat: 0261-4896767/ 4896768

Trichy: 91 - 0431-4972437

Vadodara: 0265-2334012 / 2354012 / 9909906370

Vapi: 0260-2400587

Varanasi: 0542-2220727

Udaipur: 0294-6451094 / 09918525666

Vijayawada: 0866-2484895 / 7799978587 /9966400068

Vishakapatnam: 0891-2552145 / 9885714419

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February 28, 2021 - Kotak Asset Management