Kotak Emerging Equity Fund Direct Dividend is a Equity Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Pankaj Tibrewal is the Current Fund Manager of Kotak Emerging Equity Fund Direct Dividend.The fund currently has an Asset Under Management(AUM) of ₹5,888 Cr and the Latest NAV as of 22 Jan 2020 is ₹28.43.
The Kotak Emerging Equity Fund Direct Dividend is rated Moderately High risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 200000. Exit load of 1% if redeemed within 1 year.
The investment objective of the scheme is to generate long-term capital appreciation from a portfolio of equity and equity related securities, by investing predominantly in mid and small cap companies.
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment
Exit load of 1% if redeemed within 1 year