Fund Details
Kotak Corporate Bond Fund Standard Dividend Monthly
| Risk | Moderately Low |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.62% |
| NAV | ₹1062.05 (26 Nov 2020) |
|---|---|
| Fund Started | 21 Sep 2007 |
| Fund Size | ₹7,286 Cr |
Returns
as per Historical Returns
Comparison
1. Age is more than 10 years
2. Risk-adjusted returns are higher compared to the category
3. 1Y Returns are higher than the benchmark
4. 3Y Returns are higher than the benchmark
5. 5Y Returns are higher than the benchmark
6. Exit load is zero
7. Age is more than 10 years
8. Risk-adjusted returns are higher compared to the category
9. 3Y Returns are higher than the category average returns
10. 5Y Returns are higher than the category average returns
11. 10Y Returns are higher than the category average returns
1. Risk is higher compared to the benchmark
2. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| State Bank of India | Financial | NCD | 6.3% |
| Housing Development Finance Corpn. Ltd. | Financial | Debenture | 5.7% |
| GOI | Sovereign | GOI Sec | 4.9% |
| Reserve Bank of India | Financial | T-Bills | 4.8% |
| Power Finance Corpn. Ltd. | Financial | NCD | 4.6% |
| REC Ltd. | Financial | NCD | 4.1% |
| Nabha Power Ltd. | Engineering | Debenture | 3.2% |
| State Bank of India | Financial | NCD | 2.6% |
| HDB Financial Services Ltd. | Financial | ZCB | 2.4% |
| GOI | Sovereign | GOI Sec | 2.2% |
Fund Managers
Kotak Corporate Bond Fund Standard Dividend Monthly Details
Kotak Corporate Bond Fund Standard Dividend Monthly is a Debt Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was made available to investors on 21 Sep 2007. Deepak Agrawal is the Current Fund Manager of Kotak Corporate Bond Fund Standard 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 ₹1062.05.
The Kotak Corporate Bond Fund Standard Dividend Monthly is rated Moderately Low risk. Minimum SIP Investment is set to 1000.
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.
