|Min SIP Amount||₹1000|
|NAV||₹18.48 (23 Oct 2020)|
|Fund Started||11 Nov 2014|
|Fund Size||₹1,197 Cr|
|HDFC Bank Ltd.||Financial||Equity||4.9%|
|ICICI Bank Ltd.||Financial||Equity||4.7%|
|Reliance Industries Ltd.||Energy||Equity||4.6%|
|JK Cement Ltd||Construction||Equity||3.0%|
|Tata Consultancy Services Ltd.||Technology||Equity||2.9%|
|Dr. Reddy's Laboratories Ltd.||Healthcare||Equity||2.5%|
|Supreme Industries Ltd.||Chemicals||Equity||2.2%|
Kotak Equity Hybrid Fund Direct Dividend is a Hybrid Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was made available to investors on 11 Nov 2014. Pankaj Tibrewal, Abhishek Bisen is the Current Fund Manager of Kotak Equity Hybrid Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹1,197 Cr and the Latest NAV as of 23 Oct 2020 is ₹18.48.
The Kotak Equity Hybrid Fund Direct Dividend is rated Moderately High risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 200000. For units in excess of 8% of the investment,1% will be charged for redemption within 365 days
The Scheme seeks to achieve growth by investing in equity and equity related instruments, balanced with income generation by investing in debt and money market instruments.
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.