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Home>Mutual Funds>Kotak Mahindra Mutual Fund>Kotak Money Market Fund Direct IDCW Daily

Kotak Money Market Fund Direct IDCW Daily

Debt
Money Market
Moderate Risk
6.34%
3Y annualised
+0.03% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 17 Sep 2021₹1,061.95
Min. SIP amountNA
Rating2
Fund size₹11,435.75Cr

Returns and rankings

Category: Debt Money Market
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns4.0%6.3%6.6%7.5%
Category average3.7%6.3%6.5%NA
Rank with in category11109NA
Understand terms

Holdings (64)

NameSectorInstrumentAssets
GOISovereignCGL6.7%
Reserve Bank of India
FinancialT-Bills5.7%
Export-Import Bank Of India
FinancialCD5.2%
Reserve Bank of India
FinancialT-Bills4.4%
Reserve Bank of India
FinancialT-Bills4.3%
National Bank For Agriculture & Rural DevelopmentFinancialCP3.9%
Axis Bank Ltd.FinancialCD2.6%
Axis Bank Ltd.FinancialCD2.6%
Reliance Industries Ltd.EnergyCP2.4%
LIC Housing Finance Ltd.FinancialCP2.2%
See All

Expense ratio, exit load and tax

Expense ratio: 0.26%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investmentNA
Min. for 2nd investment onwardsNA
Min. for SIPNA

Fund management

Deepak Agrawal
Jan 2013 - Present
View details

Education
Mr. Agrawal is Post Graduate in Commerce from Mumbai University, Chartered Accountant, Company Secretary and CFA.
Experience
He has been associated with Kotak AMC since 2000.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
27 BKC, C-27, G Block,Bandra Kurla Complex,Bandra (E) Mumbai 400051
Phone
022-61152100 / 1800-22-2626
Launch Date
05 Aug 1994
Website
NA
Amc Image
Kotak Mahindra Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

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FAQs

How to Invest in Kotak Money Market Fund Direct IDCW Daily?

You can easily invest in Kotak Money Market Fund Direct IDCW Daily in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:

  • Log on to your Groww account
  • Search for Kotak Money Market Fund Direct IDCW Daily from the search box
  • In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
  • Once you are done with that, you can start investing in Kotak Money Market Fund Direct IDCW Daily as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Kotak Money Market Fund Direct IDCW Daily provide?

The Kotak Money Market Fund Direct IDCW Daily has been there from 31 Dec 2012 and the average annual returns provided by this fund is 3.96% since its inception.

How much expense ratio is charged by Kotak Money Market Fund Direct IDCW Daily?

The term Expense Ratio used for Kotak Money Market Fund Direct IDCW Daily or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund.

The Expense Ratio of Kotak Money Market Fund Direct IDCW Daily is 0.26% as of 28 May 2022...

What is the AUM of Kotak Money Market Fund Direct IDCW Daily?

The AUM, short for Assets Under Management of Kotak Money Market Fund Direct IDCW Daily is ₹11,435.75Cr as of 28 May 2022.

How to Redeem Kotak Money Market Fund Direct IDCW Daily?

If you want to sell your Kotak Money Market Fund Direct IDCW Daily holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Kotak Money Market Fund Direct IDCW Daily?

You can select either SIP or Lumpsum investment of Kotak Money Market Fund Direct IDCW Daily based on your investment objective and risk tolerance.

What is the NAV of Kotak Money Market Fund Direct IDCW Daily?

The NAV of Kotak Money Market Fund Direct IDCW Daily is ₹1,061.95 as of 17 Sep 2021.

What is the PE and PB ratio of Kotak Money Market Fund Direct IDCW Daily?

The PE ratio ratio of Kotak Money Market Fund Direct IDCW Daily is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

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