|Min SIP Amount||₹1000|
|NAV||₹81.40 (29 Oct 2020)|
|Fund Started||01 Jan 2013|
|Fund Size||₹840 Cr|
Kotak Gilt Investment Direct Growth is a Debt Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Abhishek Bisen is the Current Fund Manager of Kotak Gilt Investment Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹840 Cr and the Latest NAV as of 29 Oct 2020 is ₹81.40.
The Kotak Gilt Investment Direct Growth is rated Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.
The scheme seeks to generate risk-free returns through investments in sovereign securities. The savings plan (D) will provide regular dividend payouts. A portion of the fund will be invested in inter bank money market in order to meet the liquidity requirement.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.