Fund Details
Kotak Bond Short Term Fund Direct IDCW
| Risk | Low to Moderate |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.34% |
| NAV | ₹13.12 (14 Jun 2021) |
|---|---|
| Fund Started | 27 Sep 2015 |
| Fund Size | ₹17,363 Cr |
Returns
Comparison
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
1. Asset under management(AUM) is more than 20000 Crs. Returns tend to go low once AUM exceeds a certain amount
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 10.1% |
| State Bank of India | Financial | 4.4% | |
| GOI | Sovereign | GOI FRB | 3.4% |
| Bajaj Finance Ltd. | Financial | Debenture | 2.8% |
| Housing Development Finance Corpn. Ltd. | Financial | NCD | 2.7% |
| GOI | Sovereign | GOI Sec | 2.6% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 2.5% |
| REC Ltd. | Financial | Debenture | 2.2% |
| Bajaj Finance Ltd. | Financial | ZCB | 2.2% |
| Power Finance Corpn. Ltd. | Financial | NCD | 1.8% |
Fund Managers
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.
