Fund Details
Kotak Credit Risk Fund Direct Growth
| Risk | High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.74% |
| NAV | ₹25.84 (23 Jul 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹1,785 Cr |
Returns
Comparison
1. 3Y Returns are higher than the category average returns
2. 5Y Returns are higher than the category average returns
1. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Talwandi Sabo Power Ltd. | Engineering | Debenture | 10.9% |
| Tata Steel Ltd. | Metals | Debenture | 9.6% |
| Punjab & Sind Bank | Financial | Additional Tier 1 Bo | 6.5% |
| Coastal Gujarat Power Ltd. | Engineering | Debenture | 6.3% |
| Bajaj Housing Finance Ltd. | Financial | Debenture | 5.6% |
| Bahadur Chand Investments Pvt. Ltd. | Financial | ZCB | 4.2% |
| Power Finance Corporation Ltd. | Financial | Additional Tier 2 Bo | 3.8% |
| Union Bank of India | Financial | Additional Tier 1 Bo | 3.7% |
| GOI | Sovereign | GOI FRB | 3.3% |
| Housing Development Finance Corpn. Ltd. | Financial | Debenture | 2.9% |
Fund Managers
Kotak Credit Risk Fund Direct Growth Details
Kotak Credit Risk Fund 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. Deepak Agrawal is the Current Fund Manager of Kotak Credit Risk Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹1,785 Cr and the Latest NAV as of 23 Jul 2021 is ₹25.84.
The Kotak Credit Risk Fund Direct Growth is rated High 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
Investment Objective
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.
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.
