Kotak Bond Fund Direct Dividend Yearly is a Debt Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was introduced to investors on 03 Jul 2013. Abhishek Bisen is the Current Fund Manager of Kotak Bond Fund Direct Dividend Yearly.The fund currently has an Asset Under Management(AUM) of ₹1,891 Cr and the Latest NAV as of 30 Mar 2020 is ₹21.46.
The Kotak Bond Fund Direct Dividend Yearly is rated Moderate risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. Exit load of 0.20% if redeemed within 3 months.
The objective of the Scheme is to create a portfolio of debt instruments such as bonds, debentures, Government Securities, money market instruments including repos in permitted securities of different maturities so as to spread the risk across a wide maturity horizon and different kinds of issuers in debt markets.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment
Exit load of 0.20% if redeemed within 3 months