|Min SIP Amount||₹1000|
|NAV||₹18.59 (27 Nov 2020)|
|Fund Started||24 Mar 2014|
|Fund Size||₹1,861 Cr|
|Talwandi Sabo Power Ltd.||Engineering||Debenture||10.2%|
|Punjab & Sind Bank||Financial||Bonds||6.9%|
|Coastal Gujarat Power Ltd.||Engineering||Debenture||5.9%|
|Steel Authority Of India Ltd.||Metals||CP||5.3%|
|Union Bank of India||Financial||Bonds||4.8%|
|L&T Infrastructure Finance Co. Ltd.||Financial||NCD||4.5%|
|Bahadur Chand Investments Pvt. Ltd.||Financial||ZCB||4.0%|
|Future Lifestyle Fashion Ltd.||Services||Bonds/Deb||4.0%|
|Power Finance Corpn. Ltd.||Financial||NCD||3.7%|
|Union Bank of India||Financial||Bonds/Deb||3.5%|
Kotak Credit Risk Fund Direct Dividend Yearly is a Debt Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was made available to investors on 24 Mar 2014. Deepak Agrawal is the Current Fund Manager of Kotak Credit Risk Fund Direct Dividend Yearly fund.The fund currently has an Asset Under Management(AUM) of ₹1,861 Cr and the Latest NAV as of 27 Nov 2020 is ₹18.59.
The Kotak Credit Risk Fund Direct Dividend Yearly is rated Moderately Low risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000. For units in excess of 6% of the investment,1% will be charged for redemption within 365 days
The scheme seeks to generate income by investing in debt /and money market securities across the yield curve and predominantly in AA rated and below corporate securities.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.