|Min SIP Amount||₹1000|
|NAV||₹1030.51 (26 Nov 2020)|
|Fund Started||31 Dec 2012|
|Fund Size||₹10,114 Cr|
|Reserve Bank of India||Financial||T-Bills||6.8%|
|LIC Housing Finance Ltd.||Financial||CP||4.9%|
|National Bank For Agriculture & Rural Development||Financial||CD||4.8%|
|Madhya Pradesh State||Others||SDL||4.0%|
|Reliance Industries Ltd.||Energy||CP||3.9%|
|Reserve Bank of India||Financial||T-Bills||3.2%|
|Small Industries Devp. Bank of India Ltd.||Financial||CP||2.9%|
|Power Finance Corpn. Ltd.||Financial||CP||2.9%|
Kotak Money Market Fund Direct Dividend Daily is a Debt Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was made available to investors on 31 Dec 2012. Deepak Agrawal is the Current Fund Manager of Kotak Money Market Fund Direct Dividend Daily fund.The fund currently has an Asset Under Management(AUM) of ₹10,114 Cr and the Latest NAV as of 26 Nov 2020 is ₹1030.51.
The Kotak Money Market Fund Direct Dividend Daily is rated Moderately Low risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.
The Scheme seeks to generate returns by investing in money market instruments having maturity upto 1 year.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.