|Min SIP Amount||Not Supported|
|NAV||₹1101.29 (26 Nov 2020)|
|Fund Started||11 Jan 2013|
|Fund Size||₹7,286 Cr|
|State Bank of India||Financial||NCD||6.3%|
|Housing Development Finance Corpn. Ltd.||Financial||Debenture||5.7%|
|Reserve Bank of India||Financial||T-Bills||4.8%|
|Power Finance Corpn. Ltd.||Financial||NCD||4.6%|
|Nabha Power Ltd.||Engineering||Debenture||3.2%|
|State Bank of India||Financial||NCD||2.6%|
|HDB Financial Services Ltd.||Financial||ZCB||2.4%|
Kotak Corporate Bond Fund Direct Dividend 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 Dividend Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹7,286 Cr and the Latest NAV as of 26 Nov 2020 is ₹1101.29.
The Kotak Corporate Bond Fund Direct Dividend Monthly is rated Moderately Low 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.