|Min SIP Amount||₹1000|
|NAV||₹1020.23 (10 Jul 2020)|
|Fund Started||22 Oct 2007|
|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 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 ₹7,970 Cr and the Latest NAV as of 10 Jul 2020 is ₹1020.23.
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.
To reduce the interest rate risk associated with investments in fixed rate instruments by investing predominantly in floating rate securities, money market instruments and using appropriate derivatives.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.