|Min SIP Amount||₹1000|
|NAV||₹3387.20 (10 Jul 2020)|
|Fund Started||31 Dec 2012|
|Fund Size||₹7,970 Cr|
|LIC Housing Finance Ltd.||Financial||CP||6.1%|
|Indusind Bank Ltd.||Financial||CD||5.6%|
|Housing Development Finance Corpn. Ltd.||Financial||CP||4.7%|
|HDB Financial Services Ltd.||Financial||CP||4.4%|
|Axis Bank Ltd.||Financial||CD||4.3%|
|Small Industries Devp. Bank of India Ltd.||Financial||CD||4.0%|
|Small Industries Devp. Bank of India Ltd.||Financial||CP||3.7%|
|Housing Development Finance Corpn. Ltd.||Financial||CP||3.5%|
Kotak Money Market Fund Direct Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹7,970 Cr and the Latest NAV as of 10 Jul 2020 is ₹3387.20.
The Kotak Money Market Fund Direct Growth is rated Moderately Low risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.
The investment objective of the Scheme is to generate returnsn by investing in money market instruments having maturity upto 1 year.There is no assurance that the investment objective of the Scheme will be realised.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.