|Min SIP Amount||₹1000|
|NAV||₹15.33 (26 Nov 2020)|
|Fund Started||24 Oct 2013|
|Fund Size||₹17,050 Cr|
|Housing Development Finance Corpn. Ltd.||Financial||Debenture||2.5%|
|Housing Development Finance Corpn. Ltd.||Financial||Debenture||2.3%|
Kotak Bond Short Term Fund Direct Dividend Half Yearly is a Debt Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was made available to investors on 24 Oct 2013. Deepak Agrawal is the Current Fund Manager of Kotak Bond Short Term Fund Direct Dividend Half Yearly fund.The fund currently has an Asset Under Management(AUM) of ₹17,050 Cr and the Latest NAV as of 26 Nov 2020 is ₹15.33.
The Kotak Bond Short Term Fund Direct Dividend Half Yearly is rated Moderately Low risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.
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.