Kotak Gilt Investment Fund Provident Fund and Trust Growth

• Alpha -1.16%
• Beta 1.18
• Sharpe Ratio0.05
• Std Deviation 2.61%
• Tracking Error 2.03%

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.

The Kotak Gilt Investment Fund Provident Fund and Trust Growth has an AUM of 2649.58 crores & has delivered CAGR of 6.97% in the last 5 years. The fund has an exit load of 0.00% and an expense ratio of 1.47%. The minimum investment in Kotak Gilt Investment Fund Provident Fund and Trust Growth is Rs 100 and the minimum SIP is Rs 100.

As per morningstar the risk & return rating of the fund are Low & Moderate respectively.

The top holdings of the fund include 8.25% Govt Stock 2033, 7.18% Govt Stock 2037, 7.26% Govt Stock 2033 & 7.17% Govt Stock 2030.

Some of the similar funds are ICICI Prudential Gilt Fund Growth, Kotak Gilt Investment Fund Growth, Kotak Gilt Investment Fund Provident Fund and Trust Growth, HDFC Gilt Fund Growth, IDFC CRISIL Gilt 2028 Index Fund Regular Growth. Kotak Gilt Investment Fund Provident Fund and Trust Growth has a sharpe ratio of 0.05 & a standard deviation of 2.61%.