|Min SIP Amount||₹1000|
|NAV||₹2939.91 (23 Oct 2020)|
|Fund Started||11 Jan 2013|
|Fund Size||₹5,171 Cr|
|Nabha Power Ltd.||Engineering||Debenture||4.5%|
|State Bank of India||Financial||NCD||3.7%|
|Grasim Industries Ltd.||Construction||ZCB||2.9%|
|Sikka Ports and Terminals Ltd.||Energy||ZCB||2.9%|
|Bajaj Finance Ltd.||Financial||ZCB||2.5%|
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 ₹5,171 Cr and the Latest NAV as of 23 Oct 2020 is ₹2939.91.
The Kotak Corporate Bond Fund Direct Growth is rated Moderately Low 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.