|Min SIP Amount||Not Supported|
|NAV||₹12.89 (15 Jan 2021)|
|Fund Started||27 Sep 2015|
|Fund Size||₹19,644 Cr|
|Housing Development Finance Corpn. Ltd.||Financial||CP||2.5%|
|Bajaj Finance Ltd.||Financial||ZCB||1.9%|
Kotak Bond Short Term Fund Direct Dividend is a Debt Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was made available to investors on 27 Sep 2015. Deepak Agrawal is the Current Fund Manager of Kotak Bond Short Term Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹19,644 Cr and the Latest NAV as of 15 Jan 2021 is ₹12.89.
The Kotak Bond Short Term Fund Direct Dividend is rated Moderate risk.
The scheme seeks to provide reasonable returns and reasonably high levels of liquidity by investing in debt instruments such as bonds, debentures and Government securities; and money market instruments such as treasury bills, commercial papers, certificates of deposit, including repos in permitted securities of different maturities, so as to spread the risk across different kinds of issuers in the 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.