Kotak Credit Risk Fund Direct Dividend Monthly is a Debt Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was introduced to investors on 10 Jan 2013. Deepak Agrawal is the Current Fund Manager of Kotak Credit Risk Fund Direct Dividend Monthly.The fund currently has an Asset Under Management(AUM) of ₹5,043 Cr and the Latest NAV as of 21 Jan 2020 is ₹10.54.
The Kotak Credit Risk Fund Direct Dividend Monthly is rated Moderately Low risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 200000. For units more than 10% of the allotted, an exit load of 1% will be charged if redeemed within 1 year.
The investment objective of the scheme is to generate income by investing in debt / and money market securities across the yield curve and credit spectrum. The scheme would also seek to maintain reasonable liquidity within the fund.
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
For units more than 10% of the allotted, an exit load of 1% will be charged if redeemed within 1 year