Fund Details
Kotak Gilt Investment Regular Growth
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 1.47% |
| NAV | ₹75.69 (16 Apr 2021) |
|---|---|
| Fund Started | 29 Dec 1998 |
| Fund Size | ₹889 Cr |
Returns
Comparison
1. Age is more than 10 years
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
4. 5Y Returns are higher than the category average returns
5. Exit load is zero
1. Higher expense ratio - 1.51%
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 23.7% |
| GOI | Sovereign | GOI Sec | 23.7% |
| GOI | Sovereign | GOI FRB | 13.9% |
| Reserve Bank of India | Financial | T-Bills | 11.2% |
| Andhra Pradesh State | Others | SDL | 5.9% |
| Kerala State | Others | SDL | 3.7% |
| GOI | Sovereign | GOI Sec | 2.9% |
| Gujarat State | Others | SDL | 2.3% |
| Jharkhand State | Others | SDL | 1.8% |
| Karnataka State | Others | SDL | 1.7% |
Fund Managers
Kotak Gilt Investment Regular Growth Details
Kotak Gilt Investment Regular Growth is a Debt Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was made available to investors on 29 Dec 1998. Abhishek Bisen is the Current Fund Manager of Kotak Gilt Investment Regular Growth fund.The fund currently has an Asset Under Management(AUM) of ₹889 Cr and the Latest NAV as of 16 Apr 2021 is ₹75.69.
The Kotak Gilt Investment Regular Growth is rated Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.
Investment Objective
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.
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.
