|Risk||Low to Moderate|
|Min SIP Amount||₹1000|
|NAV||₹3026.99 (23 Jun 2021)|
|Fund Started||11 Jan 2013|
|Fund Size||₹9,646 Cr|
|National Bank For Agriculture & Rural Development||Financial||Debenture||3.1%|
|Reserve Bank of India||Financial||T-Bills||2.8%|
|Nabha Power Ltd.||Engineering||Debenture||2.4%|
|LIC Housing Finance Ltd.||Financial||Debenture||2.1%|
|Bajaj Housing Finance Ltd.||Financial||Debenture||2.1%|
|State Bank of India||Financial||2.0%|
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 ₹9,646 Cr and the Latest NAV as of 23 Jun 2021 is ₹3026.99.
The Kotak Corporate Bond Fund Direct Growth is rated Low to 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.