Kotak Bond Short Term Plan Direct Growth is a Debt Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Deepak Agrawal is the Current Fund Manager of Kotak Bond Short Term Plan Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹9,788 Cr and the Latest NAV as of 14 Oct 2019 is ₹38.50.
The Kotak Bond Short Term Plan Direct Growth is rated Moderately Low risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. Nil.
Investment Objective
The objective of the Plan is to provide reasonable returns and high level of liquidity by investing in debt instruments and money market instruments 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)
₹5000
Min for First Investment
₹1000
Min for Second Investment