Home>Mutual Funds>Kotak Mahindra Mutual Fund>Kotak Corporate Bond Fund Direct Growth
shareSHARE

Kotak Corporate Bond Fund Direct Growth-0.09%

9.16%
1 Year Return
Debt
Corporate Bond
5.0star
6M
1Y
3Y
5Y
All

Fund Details

Kotak Corporate Bond Fund Direct Growth

RiskModerate
Min SIP Amount₹1000
Expense Ratio0.32%
NAV₹2971.81 (22 Jan 2021)
Fund Started11 Jan 2013
Fund Size8,181 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
9.2%
9.0%
8.7%
8.7%
Category Average
9.1%
7.8%
7.8%
-
Rank Within Category
15
7
7
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount1,000
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 9.2% returns per annum

Comparison

Data not available
Pros
1. Lower expense ratio - 0.32%
2. Exit load is zero
3. 3Y Returns are higher than the category average returns
4. 5Y Returns are higher than the category average returns
Cons
Found nothing so far.

Top Holdings

NameSectorInstrument% Assets
REC Ltd.FinancialNCD4.8%
Housing Development Finance Corpn. Ltd.FinancialDebenture4.7%
Reserve Bank of IndiaFinancialT-Bills4.2%
State Bank of IndiaFinancialNCD4.1%
Nabha Power Ltd.EngineeringDebenture2.9%
Power Finance Corpn. Ltd.FinancialNCD2.8%
GOISovereignGOI Sec2.6%
Indian Railway Finance Corpn. Ltd.FinancialDebenture2.5%
Bajaj Housing Finance Ltd.FinancialDebenture2.5%
State Bank of IndiaFinancialNCD2.4%
See All

Fund Managers

Deepak Agrawal
keyboard_arrow_down

Kotak Corporate Bond Fund Direct Growth Details

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.

Investment Objective

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.

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
Nil
Exit Load

Compare Funds

Kotak Corporate Bond Fund Direct Growth
VS
search

About Kotak Mahindra Mutual Fund

Address
27 BKC, C-27, G Block, Bandra Kurla Complex, Bandra (E) Mumbai 400051
Phone
022 - 66384444
Launch Date
23 Jun 1998
Kotak Mahindra Mutual Fund
Asset Management Company
Custodian
Citibank NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Similar Funds