Home>Mutual Funds>Kotak Mahindra Mutual Fund>Kotak Money Market Fund Direct Growth
shareSHARE

Kotak Money Market Fund Direct Growth+0.01%

5.53%
1 Year Return
Debt
Money Market
3.0star
6M
1Y
3Y
5Y
All

Fund Details

Kotak Money Market Fund Direct Growth

RiskModerate
Min SIP Amount₹1000
Expense Ratio0.22%
NAV₹3456.05 (20 Jan 2021)
Fund Started31 Dec 2012
Fund Size9,853 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
5.5%
7.1%
7.1%
7.0%
Category Average
5.4%
6.8%
7.0%
-
Rank Within Category
14
9
9
-
*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 5.5% returns per annum

Comparison

Data not available
Pros
1. Risk-adjusted returns are higher compared to the category
2. Lower expense ratio - 0.22%
3. 3Y Returns are higher than the category average returns
4. Exit load is zero
Cons
Found nothing so far.

Top Holdings

NameSectorInstrument% Assets
Reserve Bank of IndiaFinancialT-Bills5.6%
Reserve Bank of IndiaFinancialT-Bills4.9%
National Bank For Agriculture & Rural DevelopmentFinancialCD4.5%
GOISovereignCGL4.2%
Madhya Pradesh StateOthersSDL3.7%
Reliance Industries Ltd.EnergyCP3.6%
LIC Housing Finance Ltd.FinancialCP3.1%
Small Industries Devp. Bank of India Ltd.FinancialCP2.7%
Power Finance Corpn. Ltd.FinancialCP2.7%
National Bank For Agriculture & Rural DevelopmentFinancialCP2.5%
See All

Fund Managers

Deepak Agrawal
keyboard_arrow_down

Kotak Money Market Fund Direct Growth Details

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.

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

Compare Funds

Kotak Money Market Fund Direct Growth
VS
search

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
Kotak Mahindra Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Similar Funds