Kotak Money Market Fund Regular Dividend Monthly is a Debt Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was introduced to investors on 14 Jul 2003. Deepak Agrawal is the Current Fund Manager of Kotak Money Market Fund Regular Dividend Monthly.The fund currently has an Asset Under Management(AUM) of ₹9,027 Cr and the Latest NAV as of 06 Dec 2019 is ₹1013.27.
The Kotak Money Market Fund Regular Dividend Monthly is rated Low risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. Nil.
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.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment