Fund Details
Kotak Money Market Fund Regular Daily Dividend
| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.32% |
| NAV | ₹1021.52 (26 Nov 2020) |
|---|---|
| Fund Started | 22 Oct 2007 |
| Fund Size | ₹10,114 Cr |
Returns
as per Historical Returns
Comparison
1. Age is more than 10 years
2. Risk-adjusted returns are higher compared to the category
3. Risk is lower compared to the benchmark
4. Lower expense ratio
5. 3Y Returns are higher than the benchmark
6. Exit load is zero
7. Age is more than 10 years
8. Risk-adjusted returns are higher compared to the category
9. Lower expense ratio - 0.29%
10. 3Y Returns are higher than the category average returns
Found nothing so far.
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| 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% |
| GOI | Sovereign | CGL | 4.6% |
| Madhya Pradesh State | Others | SDL | 4.0% |
| Reliance Industries Ltd. | Energy | CP | 3.9% |
| Reserve Bank of India | Financial | T-Bills | 3.2% |
| GOI | Sovereign | CGL | 3.1% |
| Small Industries Devp. Bank of India Ltd. | Financial | CP | 2.9% |
| Power Finance Corpn. Ltd. | Financial | CP | 2.9% |
Fund Managers
Kotak Money Market Fund Regular Daily Dividend Details
Kotak Money Market Fund Regular Daily Dividend is a Debt Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was made available to investors on 22 Oct 2007. Deepak Agrawal is the Current Fund Manager of Kotak Money Market Fund Regular Daily Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹10,114 Cr and the Latest NAV as of 26 Nov 2020 is ₹1021.52.
The Kotak Money Market Fund Regular Daily Dividend is rated Moderately Low 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.
