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Kotak Bond Short Term Fund Direct IDCW+0.07%

7.27%
1 Year Return
Debt
Short Duration
5.0star
6M
1Y
3Y
5Y
All

Fund Details

Kotak Bond Short Term Fund Direct IDCW

RiskLow to Moderate
Min SIP AmountNot Supported
Expense Ratio0.34%
NAV₹13.12 (14 Jun 2021)
Fund Started27 Sep 2015
Fund Size17,363 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
7.3%
9.4%
8.6%
11.2%
Category Average
7.0%
6.2%
6.5%
-
Rank Within Category
11
6
4
-
*All returns are annualized.
SIP
Minimum SIP amount0
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 7.3% returns per annum

Comparison

Data not available
Pros
1. Lower expense ratio - 0.34%
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
4. 5Y Returns are higher than the category average returns
5. Exit load is zero
Cons
1. Asset under management(AUM) is more than 20000 Crs. Returns tend to go low once AUM exceeds a certain amount

Top Holdings

NameSectorInstrument% Assets
GOISovereignGOI Sec10.1%
State Bank of IndiaFinancial4.4%
GOISovereignGOI FRB3.4%
Bajaj Finance Ltd.FinancialDebenture2.8%
Housing Development Finance Corpn. Ltd.FinancialNCD2.7%
GOISovereignGOI Sec2.6%
National Bank For Agriculture & Rural DevelopmentFinancialDebenture2.5%
REC Ltd.FinancialDebenture2.2%
Bajaj Finance Ltd.FinancialZCB2.2%
Power Finance Corpn. Ltd.FinancialNCD1.8%
See All

Fund Managers

Deepak Agrawal
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Kotak Bond Short Term Fund Direct IDCW Details

Kotak Bond Short Term Fund Direct IDCW 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 IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹17,363 Cr and the Latest NAV as of 14 Jun 2021 is ₹13.12.

The Kotak Bond Short Term Fund Direct IDCW is rated Low to Moderate risk.

Investment Objective

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.

Tax Implications

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)

Not Supported
Min for First Investment
Not Supported
Min for Second Investment
Nil
Exit Load

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About Kotak Mahindra Mutual Fund

Address
27 BKC, C-27, G Block, Bandra Kurla Complex, Bandra (E) Mumbai 400051
Phone
022 - 66384444
Launch Date
23 Jun 1998
Website
NA
Kotak Mahindra Mutual Fund
Asset Management Company
Custodian
Stock Holding Corp. of India Ltd.
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
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