|Risk||Low to Moderate|
|Min SIP Amount||Not Supported|
|NAV||₹1089.17 (07 May 2021)|
|Fund Started||11 Jan 2013|
|Fund Size||₹9,310 Cr|
|Housing Development Finance Corpn. Ltd.||Financial||Debenture||4.3%|
|Grasim Industries Ltd.||Construction||ZCB||1.7%|
|Bajaj Finance Ltd.||Financial||ZCB||1.5%|
|Housing Development Finance Corpn. Ltd.||Financial||Debenture||1.4%|
|Housing Development Finance Corpn. Ltd.||Financial||Debenture||1.1%|
|Grasim Industries Ltd.||Construction||NCD||0.5%|
Kotak Corporate Bond Fund Direct IDCW Monthly 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 IDCW Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹9,310 Cr and the Latest NAV as of 07 May 2021 is ₹1089.17.
The Kotak Corporate Bond Fund Direct IDCW Monthly is rated Low to Moderate risk. Minimum SIP Investment is set to 1000.
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.