Kotak Debt Hybrid Direct Growth

About Kotak Debt Hybrid Fund

Kotak Debt Hybrid Fund is an open-ended hybrid fund that attempts to enhance the returns over a portfolio of debt instruments along with a moderate exposure to equity and equity-related instruments. The portfolio is a mix of high credit debt market securities across issuers and money market instruments that are at the shorter end of the yield curve. This reduces the interest rate risk for the fund and optimises the carry yield.

Pros and Cons of Kotak Debt Hybrid Fund

The one-year, three-year, and five-year returns of Kotak Debt Hybrid Fund are higher than that of the category-average returns as observed from the historical pattern. The risk-adjusted return of the fund is lower than that of the category. Since this is a hybrid fund with a dynamic portfolio, a portion of it is held for a longer term, while the remaining portion is actively churned out.

Fund Information and Statistics

i) Inception/Launch Date

Kotak Debt Hybrid Fund was rolled out on 2 December 2003.

ii) Risk Level

A moderate risk profile is associated with Kotak Debt Hybrid Fund. This is because the fund invests in debt instruments along with a moderate exposure in equity and equity-related instruments.

iii) Redemption

Though a lock-in period is not applicable to the principal invested in the fund, an exit load may be charged if you redeem fund units within a year from the date of allotment. That means you can redeem the fund units at any time, at the cost of exit load if applicable.

iv) Fund Manager

Mr Devender Singhal and Mr Abhishek Bisen are the current Fund Managers for the fund.

v) Entry/Exit Load

Entry load is not charged upon the purchase of mutual fund units. However, an exit load of 1% is chargeable when you redeem/switch out units in excess of 8% of the initial investment amount within one year from the date of allotment. After completing one year, no exit load is applicable.

About Kotak Mahindra Mutual Fund

Kotak Mahindra Assets Management Company Limited (KMAMC) began its operations in December 1998. While the sponsor for the AMC is Kotak Mahindra Bank Limited, the trustee company is Kotak Mahindra Trustee Co. Limited. The AMC offers about 94 different folios to its customers as on 30 June 2020.