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Kotak Money Market Fund Direct IDCW Daily+0.01%

4.74%
1 Year Return
Debt
Money Market
2.0star
6M
1Y
3Y
5Y
All

Fund Details

Kotak Money Market Fund Direct IDCW Daily

RiskModerate
Min SIP Amount₹1000
Expense Ratio0.22%
NAV₹1047.22 (07 May 2021)
Fund Started31 Dec 2012
Fund Size9,803 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
4.7%
6.8%
6.9%
-
Category Average
4.9%
6.5%
6.7%
-
Rank Within Category
13
10
10
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount1,000
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 4.7% returns per annum

Comparison

Data not available
Pros
1. Age is more than 3 years
2. 3Y Returns are higher than the category average returns
3. Exit load is zero
Cons
Found nothing so far.

Top Holdings

NameSectorInstrument% Assets
GOISovereignCGL15.7%
National Bank For Agriculture & Rural DevelopmentFinancialCD5.3%
Reliance Industries Ltd.EnergyCP4.2%
GOISovereignCGL4.0%
Housing Development Finance Corpn. Ltd.FinancialCP3.2%
National Bank For Agriculture & Rural DevelopmentFinancialCP2.6%
LIC Housing Finance Ltd.FinancialCP2.6%
GOISovereignGOI Sec2.6%
LIC Housing Finance Ltd.FinancialCP2.6%
LIC Housing Finance Ltd.FinancialCP2.4%
See All

Fund Managers

Deepak Agrawal
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Kotak Money Market Fund Direct IDCW Daily Details

Kotak Money Market Fund Direct IDCW 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 IDCW Daily fund.The fund currently has an Asset Under Management(AUM) of ₹9,803 Cr and the Latest NAV as of 07 May 2021 is ₹1047.22.

The Kotak Money Market Fund Direct IDCW Daily is rated Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.

Investment Objective

The Scheme seeks to generate returns by investing in money market instruments having maturity upto 1 year.

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.

Scheme Information Document(SID)

₹5000
Min for First Investment
₹1000
Min for Second Investment
Nil
Exit Load

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About Kotak Mahindra Mutual Fund

Address
27 BKC, C-27, G Block, Bandra Kurla Complex, Bandra (E) Mumbai 400051
Phone
022 - 66384444
Launch Date
23 Jun 1998
Website
NA
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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