|Min SIP Amount||₹1000|
|NAV||₹17.36 (23 Oct 2020)|
|Fund Started||01 Jan 2013|
|Fund Size||₹1,585 Cr|
|State Bank of India||Financial||NCD||4.7%|
|Punjab National Bank||Financial||Debenture||3.5%|
|Bank Of Baroda||Financial||Debenture||2.5%|
|Bank Of Baroda||Financial||Debenture||1.3%|
Kotak Bond Fund Direct Dividend Quarterly 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 Dividend Quarterly fund.The fund currently has an Asset Under Management(AUM) of ₹1,585 Cr and the Latest NAV as of 23 Oct 2020 is ₹17.36.
The Kotak Bond Fund Direct Dividend Quarterly 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 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.