ReviewPlan n/a · Option n/a
Kotak Treasury Advantage
Kotak Mahindra Mutual FundDebt Scheme - Ultra Short Duration Fund17.9 years
- NAV
- 10.0798
- 17 Sept 2021
- 1Y
- 0.0%
- Trailing CAGR
- AUM
- ₹106.78 Cr
- 30 Jun 2021
- Volatility
- Low
- 0.4% annualized
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y0.0%
- 3Y0.0%
- 5Y0.0%
- 10Y0.0%
- SI+0.0%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+0.0%
- 3Y+0.0%
- 5Y+0.0%
- 10Y+0.0%
- Since inception
- +0.0%
- Calendar-day CAGR
- Excess 1Y
- -5.8%
- Category median, same plan and option
- 3Y win rate
- +14%
- Windows beating the median
- 3Y percentile
- 0
- Vs comparable share classes
- Worst rolling 3Y
- -0.3%
- 2390 daily-ending windows
- Median rolling 3Y
- 0.0%
- Calendar-day CAGR
- Positive rolling 5Y
- +3%
- 1908 daily-ending windows
- SIP 3Y XIRR
- +0.0%
- Simulated monthly SIP
Drawdown
Peak to trough from a running NAV high. Move across the path to read a date.
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 4 days
- 20 recovered episodes
- Longest recovery
- 40 days
- Trough to prior peak
- Current spell
- 1668 days
- Days below latest peak
- Time below peak
- +37%
- NAV observations
22 Feb 2017 – open
Trough 24 Mar 2020 · not recovered
-0.9%
15 Jul 2013 – 2 Sept 2013
Trough 24 Jul 2013 · recovered in 40 days
-0.8%
7 Feb 2017 – 13 Feb 2017
Trough 8 Feb 2017 · recovered in 5 days
-0.1%
6 Dec 2016 – 13 Dec 2016
Trough 7 Dec 2016 · recovered in 6 days
-0.1%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
0
Vs category
14
Consistency
12
Risk-adjusted
0
Drawdown
98
Mean
25
What changed
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
17 Sept 2021
Decision
Quantitative read of the live evidence. An explanation can only restate what is already here.
As of 17 Sept 2021
Review
Engine status
Review
Closer look
Why this status
- Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
- Recent return trails the category median by 3 percentage points or more, with a weak rolling win rate.
- Three-year return sits below the 25th percentile of comparable share classes.
- Risk-adjusted return (Sharpe) is negative over the available daily history.
Supporting reads
- Peak-to-trough drawdown has stayed shallower than 15%.
Worth investigating
Same-category peers with enough history to inspect beside this fund.
Tata Ultra Short Term Fund
Tata Mutual Fund
- 1Y
- +7.0%
- 3Y
- +7.5%
- Vol
- 0.5%
- Max DD
- -0.7%
- Sharpe
- 2.67
- 3Y win
- +66%
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility
Franklin India Ultra Short Bond Fund (no. of segregated portfolio-1)
Franklin Templeton Mutual Fund
- 1Y
- +13.7%
- 3Y
- +8.7%
- Vol
- 1.6%
- Max DD
- -4.4%
- Sharpe
- 2.19
- 3Y win
- +100%
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
HDFC Ultra Short Term Fund
HDFC Mutual Fund
- 1Y
- +6.5%
- 3Y
- +7.2%
- Vol
- 0.6%
- Max DD
- -1.0%
- Sharpe
- 2.46
- 3Y win
- +39%
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
ICICI Prudential Ultra Short term Fund
ICICI Prudential Mutual Fund
- 1Y
- +6.8%
- 3Y
- +7.4%
- Vol
- 1.7%
- Max DD
- -7.5%
- Sharpe
- 1.56
- 3Y win
- +100%
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
JM Ultra Short Duration Fund
JM Financial Mutual Fund
- 1Y
- +5.8%
- 3Y
- +0.8%
- Vol
- 3.0%
- Max DD
- -6.0%
- Sharpe
- -1.63
- 3Y win
- +19%
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown