|Min SIP Amount||₹1000|
|NAV||₹3456.05 (20 Jan 2021)|
|Fund Started||31 Dec 2012|
|Fund Size||₹9,853 Cr|
|Reserve Bank of India||Financial||T-Bills||5.6%|
|Reserve Bank of India||Financial||T-Bills||4.9%|
|National Bank For Agriculture & Rural Development||Financial||CD||4.5%|
|Madhya Pradesh State||Others||SDL||3.7%|
|Reliance Industries Ltd.||Energy||CP||3.6%|
|LIC Housing Finance Ltd.||Financial||CP||3.1%|
|Small Industries Devp. Bank of India Ltd.||Financial||CP||2.7%|
|Power Finance Corpn. Ltd.||Financial||CP||2.7%|
|National Bank For Agriculture & Rural Development||Financial||CP||2.5%|
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 ₹9,853 Cr and the Latest NAV as of 20 Jan 2021 is ₹3456.05.
The Kotak Money Market Fund Direct Growth is rated Moderate 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.