|Min SIP Amount||₹1000|
|NAV||₹21.76 (12 May 2021)|
|Fund Started||03 Jul 2013|
|Fund Size||₹1,864 Cr|
|Power Finance Corpn. Ltd.||Financial||FRD||5.9%|
Kotak Bond Fund Direct IDCW Yearly is a Debt Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was made available to investors on 03 Jul 2013. Abhishek Bisen is the Current Fund Manager of Kotak Bond Fund Direct IDCW Yearly fund.The fund currently has an Asset Under Management(AUM) of ₹1,864 Cr and the Latest NAV as of 12 May 2021 is ₹21.76.
The Kotak Bond Fund Direct IDCW Yearly is rated Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.
The scheme aims to create a portfolio of debt instruments of different maturities so as to spread the risk across a wide maturity horizon and different kind of issuers in the debt market. The wholesale plan is targeted at big ticket investors and corporate.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.