Morningstar: Mutual Fund Guide

Kotak Medium Term Fund Investment Strategy “Manager Deepak Agrawal has a flair for managing credit strategies, which has been exhibited in last 17 years with Kotak AMC. He is well supported by a nine-member investment team, including head of fixed income Lakshmi Iyer. The fund house has a fairly tight structure in place to evaluate the credit matrix and take a transaction-based approach while deciding on investments. The fund maintains duration of 3.0-4.0 years and invests primarily in good quality high-yielding assets. The manager seeks to identify duration bets through macroeconomic factors by incorporating views of internal and external economists. Credit analysis is divided into banking, NBFC, and manufacturing debt, then further demarcated into three buckets based on business strength, management, and corporate governance standards. Surveillance has shot up after the recent...