This document provides positioning and strategy summaries for various mutual fund schemes offered by Kotak Mutual Fund in March 2007. It describes the investment objectives, strategies, and positioning of 17 equity schemes, 9 debt schemes, and 1 liquid scheme. Performance metrics and positioning on a risk-return spectrum are also included for several schemes.
1. Kotak Mutual Fund Products March 2007 Think Investments. Think Kotak.
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3. Page Scheme Matrix (click on the hyperlinks for details) Kotak Income Plus Kotak MNC Kotak 30 Kotak Opportunities Kotak Equity FOF Kotak Gilt Savings Kotak Gilt Investment Kotak Tech Kotak Floater ST Kotak Floater LT Kotak Liquid Kotak Bond ST Kotak Bond Risk Return Stack Up Kotak Mutual At A Glance Kotak Balance Kotak Global Equity Funds Debt Funds Kotak Bond Regular Kotak Mid-Cap Kotak Flexi Debt Kotak Contra Kotak Cash Plus Kotak Tax Saver Kotak Lifestyle
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5. Page Kotak 30 An Open-ended Equity Growth Scheme Returns = 1 yr: Absolute; Returns > 1 yr: CAGR. Past performance may or may not be sustained in the future. Returns assume reinvestment of the tax free dividends. Allotment Date: 29-12-98. MENU
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7. Page Kotak Opportunities An Open-ended Equity Growth Scheme Returns < 1 yr: Absolute. Past performance may or may not be sustained in the future. Allotment Date: 09-09-04. Returns assume reinvestment of the tax free dividends. MENU
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9. Page Returns < 1 yr: Absolute. Past performance may or may not be sustained in the future. Allotment Date: 24-02-05. Kotak Mid-Cap An Open Ended Equity Growth Scheme MENU
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13. Page Kotak Global India An Open- ended Equity Growth Scheme MENU Returns = 1 yr: Absolute; Returns > 1 yr: CAGR. Past performance may or may not be sustained in the future. Allotment Date: 30-01-04
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15. Page Returns < 1 yr: Absolute. Past performance may or may not be sustained in the future. Allotment Date: 27-07-05. Returns assume reinvestment of the tax free dividends. MENU Kotak Contra An Open- ended Equity Growth Scheme
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17. Page Kotak MNC An Open-ended Equity Growth Scheme Returns = 1 yr: Absolute; Returns > 1 yr: CAGR. Past performance may or may not be sustained in the future. Allotment Date: 04-04-00. Returns assume reinvestment of the tax free dividends. MENU
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19. Page Kotak Technology An Open-ended Equity Growth Scheme Returns = 1 yr: Absolute; Returns > 1 yr: CAGR. Past performance may or may not be sustained in the future. Allotment Date: 04-04-00. MENU
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21. Page Kotak Balance An Open-ended Balanced Scheme Returns = 1 yr: Absolute; Returns > 1 yr: CAGR. Past performance may or may not be sustained in the future. In periods where benchmark values were not available, the benchmark returns are not shown. Allotment Date: 25-11-99. MENU
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24. Page Kotak Equity FOF An Open-ended Equity Fund of Fund Scheme MENU Returns = 1 yr: Absolute; Returns > 1 yr: CAGR. Past performance may or may not be sustained in the future. Allotment Date: 09-08-04
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26. Page Returns < 1 yr: Absolute. Past performance may or may not be sustained in the future. Allotment Date: 02-12-03. Kotak Income Plus An Open Ended Income Scheme MENU
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29. Page Returns = 1 yr: Absolute; Returns > 1 yr: CAGR. Past performance may or may not be sustained in the future. In periods where benchmark values were not available, the benchmark returns are not shown. Allotment Date: 25-11-99. Kotak Bond Regular(Growth) An Open Ended Debt Scheme MENU
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32. Page Kotak Bond Short Term An Open Ended Debt Scheme Returns = 1 yr: Absolute; Returns > 1 yr: CAGR. Past performance may or may not be sustained in the future. Allotment Date: 02-05-02. MENU
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35. Page Kotak Floater Long Term Scheme An Open Ended Debt Scheme Returns = 1 yr: Absolute; Returns > 1 yr: CAGR. Past performance may not be sustained in the future. In periods where benchmark values were not available, the benchmark returns are not shown. Allotment Date: 13-08-04. MENU
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37. Page Kotak Floater Short Term Scheme An Open Ended Debt Scheme Returns < 1 yr: Absolute. Past performance may not be sustained in the future. Allotment Date: 14-07-03. MENU
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39. Page Kotak Cash Plus Scheme An Open Ended Debt Scheme MENU Returns < 1 yr: Absolute. Past performance may or may not be sustained in the future. Allotment Date: 29-09-05.
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41. Page Returns < 1 yr: Absolute. Past performance may or may not be sustained in the future. Allotment Date: 06-12-04. Kotak Flexi Debt An Open Ended Debt Scheme MENU
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44. Page Kotak Gilt Investment A plan under an Open-ended Dedicated Gilt Scheme Returns = 1 yr: Absolute; Returns > 1 yr: CAGR. Past performance may or may not be sustained in the future. In periods where benchmark values were not available, the benchmark returns are not shown. Allotment Date 29-12-98. MENU
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46. Page Kotak Gilt Savings A plan under an Open-ended Dedicated Gilt Scheme Returns = 1 yr: Absolute; Returns > 1 yr: CAGR. Past performance may or may not be sustained in the future. In periods where benchmark values were not available, the benchmark returns are not shown. Allotment Date: 29-12-98. MENU
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48. Page Kotak Liquid Scheme An Open Ended Debt Scheme Returns = 1 yr: Absolute; Returns > 1 yr: CAGR. Past performance may not be sustained in the future. In periods where benchmark values were not available, the benchmark returns are not shown. Allotment Date: 05-10-00. MENU
49. Page Awards Won by Kotak Mutual Fund as a Fund House NDTV Business Leadership Award 2006 (in the Mutual Fund Category) Lipper Fund Awards India 2006 (Best Bond Fund Group Over Three years) Outlook Money Best Wealth creator Debt 2003 MENU For details on ranking methodology, please refer to the disclaimer
50. Page Risk Return Stack Up Risk Potential Return Kotak Liquid Kotak Floater ST Kotak Gilt Savings Kotak Bond Deposit & regular Kotak 30 and Kotak Contra Kotak MNC Kotak Tech Kotak Global India & Kotak Midcap Kotak Income Plus Kotak Balance Kotak Bond STP Kotak Gilt Investment The above chart is meant only to show relative positioning and should not be construed as absolute risk return relationships among different products. Kotak Equity FOF Kotak Floater LT Kotak Opportunities MENU Kotak Flexi Debt Kotak Cash Plus Kotak Lifestyle
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57. Page Ranking Methodology CRISIL: [A] Crisil Best Fund Awards 2003 is based on the ranking methodology of Crisil Fund Services. The Award recognizes consistency of mutual fund performance and is based on CRISIL~ CPRs (Composite Performance Rankings) across four-quarter ends (Sept-02, Dec-02, March-03 & June-03). These quarterly rankings took into account the performance and the portfolios of 19 Open End Income Schemes. [B] The criteria used in computing the CRISIL Composite CPR are Superior Return Ratio based on NAVs over the 2-year period for respective quarter ends, Concentration, Asset Quality, Liquidity and the Asset Size of the scheme. The methodology does not take into account the entry and exit loads levied by the scheme. [C] Individual CPR parameter scores were averaged for the fourth quarter and further multiplied by the parameter weight as per the CPR methodology to arrive at the final scores. The CPR rankings are published by Business Standard.
58. Page NDTV Business Leadership Awards 2006: The Award aims to felicitate excellence as acknowledged by their respective peer groups. Methodology: MF companies were short listed on the basis of criteria's like; types/ number of products and services offered, rate of return, minimum required investment amount, NAVs. The short listed entities further underwent self and peer evaluation. Weightage was assigned to factors like return on investments, various types of funds and good dividend track record etc. To arrive at the leader, 5 nominees based on the self and peer evaluations were presented to a panel of jury's who ranked each of them.
59. Page Ranking Methodology Lipper: All funds registered for sale in India as 31 st December 2005 having at least 36 months of performance history as of that date. The calculation period extends over 36, 60, and 120 months with the highest consistent return (effective return) value within each eligible classification determines the fund classification winner over 3, 5 or 10 years. The lowest average decile rank of the three years consistent return measure of the eligible funds per asset class and group will determine the asset class group award winner over the three year period. In case of identical results the lower average percentile rank will determine the winner.
60. Page Ranking Methodology CNBC India: # Ranked by 'Moody's Investor Services' for 'The CNBC-BNP Paribas Mutual Fund of the year awards 2002, 2003 and 2004. # Chosen among 21 funds in 2002, 25 funds in 2003 and 22 funds in 2004 in the Debt/Income fund category. # Ranked on performance dated December 31, 2001 (1 year performance), December 31 (3 year performance), 2002 and December 31, 2003 (3 year performance). # Selection criteria - Only Open-ended Schemes, with at least one, three or five year track record, screened by minimum asset size and using SEBI classifications. # Load has not been considered for the rankings. # The Scheme Rankings were calculated by measuring the consistency of the fund's risk adjusted performance relative to its classification or investment objective. # Only open-ended Schemes, from eligible fund houses, with 1 year & 3 years track record with Fund Assets being greater than or equal to 1% of category total net assets have been considered for this award.The awards were published by CNBC-BNP Paribas.
61. Page Research Methodology of ICRA: Kotak Bond Deposit has been ranked ICRA MFR 1 by ICRA Online in the category Debt Long Term (name of the category) for its 3 (1 or 3 years) year performance till December 31, 2004. The rank indicates performance within the top 10% of the stated category, which had a total of 22 (no. of schemes in the category) similar funds, including this scheme. The rank is an outcome of an objective and comparative analysis against various performance parameters, including: risk adjusted return; fund size, Sector Concentration, and average maturity. The ranking methodology did not take into account the entry and exit loads imposed by the Fund. The rank is neither a certificate of statutory compliance nor any guarantee on the future performance of Kotak Mahindra Mutual Fund.
62. Page Outlook Money Award “Best Wealth Created (Debt) for 2003”: Methodology: All fund houses with AUM of at least Rs. 500 cr. As of June 30, 2003 were considered with minimum track record of 3 years for Income Schemes, 2 years for Gilt Schemes and 2 year for Liquid Schemes. Key parameter examined was risk adjusted return (bonus point for outperforming category, average risk adjusted` returns and for top 5 schemes in the respective categories). Weights were also assigned to factors like nature of schemes and investor services (online subscription and redemption, SIP and SWP, trigger facility, no loading switching, communication etc. To arrive at the final result, 14 asset management companies were considered for awards. Period of the award: 1st Jan - 31st Dec 2003. Only open-ended schemes were considered. No loads were considered. The award was based on the Outlook Money methodology and was also published by Outlook Money.