|
•
Investment Objective |
To
reduce the interest rate risk assosciated with
investments in fixed rate instruments by investing
predominantly in floating rate securities , money
market instruments and using appropriate derivatives. |
| •
Investment Pattern |
•
Benchmark Index |
| Investments |
Indicative Allocation |
Risk Profile |
*Floating rate debt securities and / or money market instruments, other debt securities with outstanding maturity of upto 91 days. |
65% to 100% |
Low |
*Fixed rate debt securities. |
0% to 35% |
Medium |
*Debt securities / instruments are deemed to include securitised debts and investment in securitised debts shall not exceed 50% of the net assets of the Scheme.
- The floating rate debt securities in the above table include floating rate debt securities and fixed rate debt securities with interest rate swap.
- Money market instruments will include repos / reverse repos or other instruments permitted by RBI.
- Some of the investments may be in the call money market or in investments alternative to call money market. (As may evolve or be provided by RBI).
- The asset allocation shown above is indicative and may vary according to circumstances at the sole discretion of the Fund Manager on defensive consideration. The composition may change due to purchases and redemption of units or during adjustment of the average maturity of investments.
- When the allocation of floating rate debt securities &/or money market securities, other debt securities with outstanding maturity of up to 91 days in the portfolio falls below 65% or the allocation of fixed rate debt securities goes above 35% a review and rebalancing will be conducted.
|
CRISIL
Liquid Fund Index. |
| •
Investment Horizon |
•
Estimated Recurring Expenses |
•
Actual Expense Ratio |
| 1 - 3 months. |
2.50%. |
Click Here To View |
| •
Investment Options |
•
Dividend Frenquency |
| Growth
& Dividend Re-investment.. |
Daily, Weekly - Monday & Monthly - 12th of month. |
| •
Minimum Investment |
•
Cheques / DD to be drawn in favour of |
| Rs. 5000/- & Rs. 1,00,000/- under Daily Dividend Reinvestment option |
Kotak
Floater Short Term |
| •
Minimum Redemption Size |
•
Payout Schedule |
Rs.
1000/- or 100 units
Note : If the holding is less than Rs. 1000 or 100 units, the entire balance will be redeemed as and when redemption request is received from the investor.
|
Transaction
day + 1 working day. |
| •
Cut off for Transactions |
a)
where the application is received upto 12.00 noon
on a day and funds are available for utilization
on the same day - the closing NAV of the day immediately
preceding the day of receipt of application.
b) where the application is received after
12.00 noon on a day and funds are available for
utilization on the same day - the closing NAV of
the day immediately preceding the next business
day.
c) irrespective of the time of
receipt of application, where the funds are not
available for utilization on the day of the application
- the closing NAV of the day immediately preceding
the day on which the funds are available for utilization. |
| •
Entry Load |
•
Exit Load |
Nil |
Nil
|
