|Min SIP Amount||₹1000|
|NAV||₹2971.81 (22 Jan 2021)|
|Fund Started||11 Jan 2013|
|Fund Size||₹8,181 Cr|
|Housing Development Finance Corpn. Ltd.||Financial||Debenture||4.7%|
|Reserve Bank of India||Financial||T-Bills||4.2%|
|State Bank of India||Financial||NCD||4.1%|
|Nabha Power Ltd.||Engineering||Debenture||2.9%|
|Power Finance Corpn. Ltd.||Financial||NCD||2.8%|
|Indian Railway Finance Corpn. Ltd.||Financial||Debenture||2.5%|
|Bajaj Housing Finance Ltd.||Financial||Debenture||2.5%|
|State Bank of India||Financial||NCD||2.4%|
Kotak Corporate Bond Fund Direct Growth is a Debt Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was made available to investors on 11 Jan 2013. Deepak Agrawal is the Current Fund Manager of Kotak Corporate Bond Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹8,181 Cr and the Latest NAV as of 22 Jan 2021 is ₹2971.81.
The Kotak Corporate Bond Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.
The scheme seeks to generate income by investing in debt /and money market securities across the yield curve and predominantly in AA+ and above rated corporate securities.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.