Fund Details
Kotak Money Market Fund Regular Daily IDCW
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.32% |
| NAV | ₹1027.05 (07 May 2021) |
|---|---|
| Fund Started | 22 Oct 2007 |
| Fund Size | ₹9,803 Cr |
Returns
Comparison
1. Age is more than 3 years
2. 3Y Returns are higher than the category average returns
3. Exit load is zero
1. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | CGL | 15.7% |
| National Bank For Agriculture & Rural Development | Financial | CD | 5.3% |
| Reliance Industries Ltd. | Energy | CP | 4.2% |
| GOI | Sovereign | CGL | 4.0% |
| Housing Development Finance Corpn. Ltd. | Financial | CP | 3.2% |
| National Bank For Agriculture & Rural Development | Financial | CP | 2.6% |
| LIC Housing Finance Ltd. | Financial | CP | 2.6% |
| GOI | Sovereign | GOI Sec | 2.6% |
| LIC Housing Finance Ltd. | Financial | CP | 2.6% |
| LIC Housing Finance Ltd. | Financial | CP | 2.4% |
Fund Managers
Kotak Money Market Fund Regular Daily IDCW Details
Kotak Money Market Fund Regular Daily IDCW 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 IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹9,803 Cr and the Latest NAV as of 07 May 2021 is ₹1027.05.
The Kotak Money Market Fund Regular Daily IDCW 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.
