|Min SIP Amount||₹1000|
|NAV||₹63.30 (13 Jul 2020)|
|Fund Started||01 Jan 2013|
|Fund Size||₹1,453 Cr|
|Power Finance Corpn. Ltd.||Financial||NCD||4.6%|
|Bahadur Chand Investments Pvt. Ltd.||Financial||ZCB||2.3%|
|Muthoot Finance Ltd.||Financial||Bonds/Deb||2.2%|
|Punjab National Bank||Financial||Bonds/Deb||2.0%|
Kotak Bond Fund Direct Growth is a Debt Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Abhishek Bisen is the Current Fund Manager of Kotak Bond Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹1,453 Cr and the Latest NAV as of 13 Jul 2020 is ₹63.30.
The Kotak Bond Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to 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.