Fund Details
Kotak Bond Short Term Fund Direct Growth
| Risk | Low to Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.34% |
| NAV | ₹44.31 (22 Jul 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹17,392 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 | 12.4% |
| GOI | Sovereign | GOI FRB | 4.4% |
| Housing Development Finance Corpn. Ltd. | Financial | NCD | 4.4% |
| Kerala State | Others | SDL | 2.6% |
| GOI | Sovereign | GOI Sec | 2.5% |
| Bajaj Finance Ltd. | Financial | Debenture | 2.3% |
| REC Ltd. | Financial | Debenture | 2.2% |
| Haryana State | Others | SDL | 2.0% |
| Bajaj Finance Ltd. | Financial | Debenture | 1.9% |
| Power Finance Corporation Ltd. | Financial | NCD | 1.8% |
Fund Managers
Kotak Bond Short Term Fund Direct Growth Details
Kotak Bond Short Term 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. Deepak Agrawal is the Current Fund Manager of Kotak Bond Short Term Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹17,392 Cr and the Latest NAV as of 22 Jul 2021 is ₹44.31.
The Kotak Bond Short Term Fund Direct Growth is rated Low to Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.
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.
