Kotak Low Duration Fund - Direct Plan - Growth

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

No of Debt Holding 118 (Category Avg - 77.09) | Modified Duration 0.91 Years (Category Avg - 0.89)| Yield to Maturity 6.88% (Category Avg - 6.70%)

Portfolio Summary (as on 31st Oct,2025)

Security Type	% Weight	Category Average
GOI	9.31%	6.83%
CD	8.76%	19.26%
T-Bills	1.71%	3.86%
CP	0.75%	3.43%
NCD & Bonds	68.94%	59.25%
PTC	8.05%	2.31%

Category - Low Duration Fund

Security Type	% Weight	Category Average
Government Backed	11.02%	10.68%
Low Risk	86.50%	84.25%
Moderate Risk	0.00%	0.00%
High Risk	0.00%	0.00%
Very High Risk	0.00%	0.00%
Others	0.00%	0.00%

Category - Low Duration Fund

Debt holding in Portfolio (as on 31st Oct,2025)

Instrument	Type	Sector	Rating	Rating Agency	Value (Mn)	% of Total Holding	Quantity
Bond - National Bank for Agriculture & Rural Development	NCD & Bonds	Financial institution	INDAAA	FITCH	6825.37	4.75%	68.00 k
Bond - Small Industries Development Bank Of India	NCD & Bonds	Financial institution	AAA	CRISIL	6789.89	4.73%	67.50 k
Bond - IDFC First Bank Ltd.	CD	Private sector bank	P1+	CRISIL	4831.10	3.37%	50.00 k
Bond - National Bank for Agriculture & Rural Development	NCD & Bonds	Financial institution	LAAA	ICRA	4817.05	3.36%	47.50 k
Bond - Govt of India	GOI	Other			4467.69	3.11%	4.31 Cr
Bond - Jtpm Metal Traders Pvt Ltd.	NCD & Bonds	Trading - metals	AA	CRISIL	4076.41	2.84%	40.00 k
Bond - Bajaj Housing Finance Ltd.	NCD & Bonds	Housing finance company	AAA	CRISIL	4057.11	2.83%	40.00 k
Bond - Rural Electrification Corporation Limited	NCD & Bonds	Financial institution	AAA	CRISIL	4013.12	2.80%	40.00 k
Bond - Jamnagar Utilities & Power Pvt. Ltd.	NCD & Bonds	Power generation	AAA	CRISIL	3818.38	2.66%	3.83 k
Bond - HDFC Bank Ltd.	CD	Private sector bank	PR1+	CARE	2883.77	2.01%	30.00 k
Bond - Bajaj Housing Finance Ltd.	NCD & Bonds	Housing finance company	AAA	CRISIL	2602.05	1.81%	26.00 k
Bond - Govt of India	GOI	Other			2559.95	1.78%	2.50 Cr
Bond - Rural Electrification Corporation Limited	NCD & Bonds	Financial institution	LAAA	ICRA	2499.88	1.74%	25.00 k
Bond - T-Bill	T-Bills	Other			2449.12	1.71%	2.50 Cr
Bond - Govt of India	GOI	Other			2271.43	1.58%	2.25 Cr
Bond - Radhakrishna Securitisation Trust	PTC	Ptc	AAA	CRISIL	2121.31	1.48%	210.00
Bond - Bharti Telecom Ltd.	NCD & Bonds	Telecom - equipment & accessories	AAA	CRISIL	2035.70	1.42%	20.00 k
Bond - Bajaj Finance Ltd.	NCD & Bonds	Non banking financial company (nbfc)	AAA	CRISIL	2027.37	1.41%	20.00 k
Bond - Tata Capital Ltd.	NCD & Bonds	Non banking financial company (nbfc)	AAA	CRISIL	2023.70	1.41%	2.00 k
Bond - Aditya Birla Housing Finance Ltd.	NCD & Bonds	Housing finance company	LAAA	ICRA	2022.40	1.41%	20.00 k
Bond - Small Industries Development Bank Of India	NCD & Bonds	Financial institution	AAA	CRISIL	2014.72	1.40%	20.00 k
Bond - Bharti Telecom Ltd.	NCD & Bonds	Telecom - equipment & accessories	AAA	CRISIL	2004.95	1.40%	20.00 k
Bond - Sikka Ports & Terminals Ltd.	NCD & Bonds	Port & port services	AAA	CRISIL	1969.32	1.37%	1.97 k
Bond - Axis Bank Ltd.	CD	Private sector bank	P1+	CRISIL	1931.97	1.35%	20.00 k
Bond - PNB Housing Finance Ltd.	NCD & Bonds	Housing finance company	CARE AA+	CARE	1773.94	1.24%	17.50 k
Bond - Liquid Gold	PTC	Ptc	AAA	CRISIL	1780.72	1.24%	271.00
Bond - Rural Electrification Corporation Limited	NCD & Bonds	Financial institution	AAA	CRISIL	1766.03	1.23%	17.50 k
Bond - India Universal Trust	PTC	Ptc	INDAAA	FITCH	1691.26	1.18%	199.00
Bond - Govt of India	GOI	Other			1517.17	1.06%	1.50 Cr
Bond - Small Industries Development Bank Of India	NCD & Bonds	Financial institution	LAAA	ICRA	1504.70	1.05%	1.50 k
Bond - Interise Trust	NCD & Bonds	Road assets–toll, annuity, hybrid-annuity	LAAA	ICRA	1406.62	0.98%	15.00 k
Bond - Sansar Trust	PTC	Ptc	AAA	CRISIL	1371.99	0.96%	223.63
Bond - National Bank for Agriculture & Rural Development	NCD & Bonds	Financial institution	AAA	CRISIL	1360.01	0.95%	13.50 k
Bond - Godrej Seeds and Genetics Ltd.	NCD & Bonds	Other agricultural products	AA	CRISIL	1260.85	0.88%	12.50 k
Bond - Godrej Seeds and Genetics Ltd.	NCD & Bonds	Other agricultural products	AA	CRISIL	1257.08	0.88%	12.50 k
Bond - L&T Metro Rail (Hyderabad) Ltd.	NCD & Bonds	Civil construction	AAA	CRISIL	1248.35	0.87%	1.25 k
Bond - Liquid Gold	PTC	Ptc	AAA	CRISIL	1242.08	0.87%	130.00
Bond - Sikka Ports & Terminals Ltd.	NCD & Bonds	Port & port services	AAA	CRISIL	1162.87	0.81%	1.15 k
Bond - Mindspace Business Parks REIT	NCD & Bonds	Real estate investment trusts (reits)	AAA	CRISIL	1107.30	0.77%	11.00 k
Bond - Jubilant Bevco Ltd.	NCD & Bonds	Restaurants	AA	CRISIL	1061.86	0.74%	1.00 k
Bond - Bharti Telecom Ltd.	NCD & Bonds	Telecom - equipment & accessories	AAA	CRISIL	1024.82	0.71%	10.00 k
Bond - Bajaj Finance Ltd.	NCD & Bonds	Non banking financial company (nbfc)	AAA	CRISIL	1018.56	0.71%	10.00 k
Bond - Kotak Mahindra Prime Ltd.	NCD & Bonds	Non banking financial company (nbfc)	AAA	CRISIL	1016.56	0.71%	1.00 k
Bond - Aditya Birla Renewables Ltd.	NCD & Bonds	Power generation	AA	CRISIL	1015.56	0.71%	10.00 k
Bond - Can Fin Homes Ltd.	NCD & Bonds	Housing finance company	LAAA	ICRA	1015.55	0.71%	10.00 k
Bond - Rural Electrification Corporation Limited	NCD & Bonds	Financial institution	AAA	CRISIL	1013.46	0.71%	10.00 k
Bond - Govt of India	GOI	Other			1014.84	0.71%	1.00 Cr
Bond - Govt of India	GOI	Other			999.99	0.70%	1.00 Cr
Bond - Embassy Office Parks Reit	NCD & Bonds	Real estate investment trusts (reits)	AAA	CRISIL	1011.18	0.70%	10.00 k
Bond - Vedanta Ltd.	NCD & Bonds	Diversified metals	LAA	ICRA	1009.03	0.70%	10.00 k
Bond - Nexus Select Trust	NCD & Bonds	Real estate investment trusts (reits)	AAA	CRISIL	1008.65	0.70%	10.00 k
Bond - Piramal Finance Ltd.	NCD & Bonds	Non banking financial company (nbfc)	CARE AA	CARE	1007.40	0.70%	10.00 k
Bond - Hinduja Leyland Finance Ltd.	NCD & Bonds	Non banking financial company (nbfc)	AA+	CRISIL	1006.62	0.70%	10.00 k
Bond - Vedanta Ltd.	NCD & Bonds	Diversified metals	LAA	ICRA	1004.81	0.70%	10.00 k
Bond - Power Finance Corporation Ltd.	NCD & Bonds	Financial institution	AAA	CRISIL	1003.89	0.70%	10.00 k
Bond - Embassy Office Parks Reit	NCD & Bonds	Real estate investment trusts (reits)	AAA	CRISIL	1001.85	0.70%	1.00 k
Bond - DLF Cyber City Developers Ltd.	NCD & Bonds	Residential, commercial projects	AAA	CRISIL	998.83	0.70%	10.00 k
Bond - HDFC Bank Ltd.	CD	Private sector bank	PR1+	CARE	974.59	0.68%	10.00 k
Bond - Union Bank Of India	CD	Public sector bank	F1+	FITCH	961.12	0.67%	10.00 k
Bond - Small Industries Development Bank Of India	CD	Financial institution	PR1+	CARE	939.68	0.65%	10.00 k
Bond - Mankind Pharma Ltd.	NCD & Bonds	Pharmaceuticals	AA+	CRISIL	862.31	0.60%	8.50 k
Bond - India Universal Trust	PTC	Ptc	INDAAA	FITCH	827.79	0.58%	182.00
Bond - Aadhar Housing Finance Ltd.	NCD & Bonds	Housing finance company	LAA	ICRA	761.92	0.53%	7.50 k
Bond - Power Finance Corporation Ltd.	NCD & Bonds	Financial institution	AAA	CRISIL	752.63	0.52%	750.00
Bond - Dhruva Trust	PTC	Ptc	LAAA	ICRA	691.34	0.48%	4.75 k
Bond - Can Fin Homes Ltd.	NCD & Bonds	Housing finance company	AA+	FITCH	605.26	0.42%	6.00 k
Bond - Godrej Seeds and Genetics Ltd.	NCD & Bonds	Other agricultural products	AA	CRISIL	562.93	0.39%	5.63 k
Bond - Godrej Seeds and Genetics Ltd.	NCD & Bonds	Other agricultural products	AA	CRISIL	562.70	0.39%	5.63 k
Bond - Godrej Seeds and Genetics Ltd.	NCD & Bonds	Other agricultural products	AA	CRISIL	562.41	0.39%	5.63 k
Bond - Godrej Seeds and Genetics Ltd.	NCD & Bonds	Other agricultural products	AA	CRISIL	562.20	0.39%	5.63 k
Bond - India Universal Trust	PTC	Ptc	INDAAA	FITCH	566.19	0.39%	72.00
Bond - Sansar Trust	PTC	Ptc	AAA	CRISIL	512.60	0.36%	110.00
Bond - Rural Electrification Corporation Limited	NCD & Bonds	Financial institution	LAAA	ICRA	503.02	0.35%	5.00 k
Bond - IndiGrid Infrastructure Trust	NCD & Bonds	Power - transmission	AAA	CRISIL	502.07	0.35%	500.00
Bond - Embassy Office Parks Reit	NCD & Bonds	Real estate investment trusts (reits)	AAA	CRISIL	501.80	0.35%	5.00 k
Bond - Bharti Telecom Ltd.	NCD & Bonds	Telecom - equipment & accessories	AAA	CRISIL	500.70	0.35%	500.00
Bond - IndiGrid Infrastructure Trust	NCD & Bonds	Power - transmission	AAA	CRISIL	499.55	0.35%	500.00
Bond - Bajaj Housing Finance Ltd.	NCD & Bonds	Housing finance company	AAA	CRISIL	509.06	0.35%	5.00 k
Bond - Embassy Office Parks Reit	NCD & Bonds	Real estate investment trusts (reits)	AAA	CRISIL	508.69	0.35%	5.00 k
Bond - LIC Housing Finance Ltd.	NCD & Bonds	Housing finance company	AAA	CRISIL	508.60	0.35%	5.00 k
Bond - Rural Electrification Corporation Limited	NCD & Bonds	Financial institution	LAAA	ICRA	508.11	0.35%	5.00 k
Bond - Muthoot Finance Pvt. Ltd.	NCD & Bonds	Non banking financial company (nbfc)	AA+	CRISIL	507.17	0.35%	5.00 k
Bond - Rural Electrification Corporation Limited	NCD & Bonds	Financial institution	AAA	CRISIL	505.13	0.35%	5.00 k
Bond - National Bank for Agriculture & Rural Development	NCD & Bonds	Financial institution	AAA	CRISIL	503.05	0.35%	5.00 k
Bond - Embassy Office Parks Reit	CP	Real estate investment trusts (reits)	P1+	CRISIL	491.30	0.34%	1.00 k
Bond - Small Industries Development Bank Of India	CP	Financial institution	P1+	CRISIL	489.99	0.34%	1.00 k
Bond - Tata Capital Housing Finance Ltd.	NCD & Bonds	Housing finance company	AAA	CRISIL	454.13	0.32%	4.50 k
Bond - Govt of India	GOI	Other			458.66	0.32%	45.00 L
Bond - First Business Receivables Trust	PTC	Ptc	AAA	CRISIL	451.44	0.31%	45.00
Bond - JM Financial Credit Solutions Ltd.	NCD & Bonds	Non banking financial company (nbfc)	LAA	ICRA	421.18	0.29%	4.20 k
Bond - Embassy Office Parks Reit	NCD & Bonds	Real estate investment trusts (reits)	AAA	CRISIL	399.81	0.28%	4.00 k
Bond - Aadhar Housing Finance Ltd.	NCD & Bonds	Housing finance company	LAA	ICRA	355.84	0.25%	3.50 k
Bond - Sundaram Home Finance Ltd.	NCD & Bonds	Housing finance company	LAAA	ICRA	302.77	0.21%	3.00 k
Bond - Mindspace Business Parks REIT	NCD & Bonds	Real estate investment trusts (reits)	AAA	CRISIL	253.39	0.18%	2.50 k
Bond - National Bank for Agriculture & Rural Development	NCD & Bonds	Financial institution	INDAAA	FITCH	251.44	0.18%	2.50 k
Bond - Rural Electrification Corporation Limited	NCD & Bonds	Financial institution	AAA	CRISIL	250.61	0.17%	250.00
Bond - Embassy Office Parks Reit	NCD & Bonds	Real estate investment trusts (reits)	AAA	CRISIL	241.11	0.17%	240.00
Bond - Nomura Capital (India) Pvt. Ltd.	NCD & Bonds	Non banking financial company (nbfc)	INDAAA	FITCH	202.61	0.14%	2.00 k
Bond - Bajaj Finance Ltd.	NCD & Bonds	Non banking financial company (nbfc)	AAA	CRISIL	188.63	0.13%	150.00
Bond - Sansar Trust	PTC	Ptc	AAA	CRISIL	179.68	0.13%	80.00 Cr
Bond - Mankind Pharma Ltd.	NCD & Bonds	Pharmaceuticals	AA+	CRISIL	151.14	0.11%	1.50 k
Bond - Nirma Ltd.	NCD & Bonds	Household products	AA	FITCH	101.18	0.07%	1.00 k
Bond - Godrej Properties Ltd.	NCD & Bonds	Residential, commercial projects	LAA+	ICRA	100.55	0.07%	1.00 k
Bond - Sansar Trust	PTC	Ptc	LAAA	ICRA	99.47	0.07%	2.62 k
Bond - Nuvoco Vistas Corporation Ltd.	CP	Cement & cement products	P1+	CRISIL	99.72	0.07%	200.00
Bond - Embassy Office Parks Reit	NCD & Bonds	Real estate investment trusts (reits)	AAA	CRISIL	75.03	0.05%	750.00
Bond - Bajaj Housing Finance Ltd.	NCD & Bonds	Housing finance company	AAA	CRISIL	50.66	0.04%	500.00
Bond - Sundaram Finance Limited	NCD & Bonds	Non banking financial company (nbfc)	LAAA	ICRA	50.44	0.04%	500.00
Bond - Govt of India	GOI	Other			50.82	0.04%	5.00 L
Bond - Power Finance Corporation Ltd.	NCD & Bonds	Financial institution	AAA	CRISIL	50.12	0.03%	50.00
Bond - Bajaj Finance Ltd.	NCD & Bonds	Non banking financial company (nbfc)	AAA	CRISIL	50.02	0.03%	50.00
Bond - National Bank for Agriculture & Rural Development	CD	Financial institution	P1+	CRISIL	49.20	0.03%	500.00
Bond - Mindspace Business Parks REIT	NCD & Bonds	Real estate investment trusts (reits)	AAA	CRISIL	20.11	0.01%	200.00
Bond - Samvardhana Motherson International Ltd.	NCD & Bonds	Auto components & equipments	INDAAA	FITCH	20.05	0.01%	200.00
Bond - Godrej Industries Ltd	NCD & Bonds	Animal feed	LAA+	ICRA	20.04	0.01%	200.00
Bond - Tata Capital Financial Services Ltd.	NCD & Bonds	Non banking financial company (nbfc)	LAAA	ICRA	10.09	0.01%	100.00
Bond - Aditya Birla Finance Ltd.	NCD & Bonds	Non banking financial company (nbfc)	LAAA	ICRA	10.08	0.01%	10.00 k
Bond - Govt of India	GOI	Other			20.28	0.01%	2.00 L