|Min SIP Amount||₹1000|
|NAV||₹10.44 (07 May 2021)|
|Fund Started||11 Dec 2013|
|Fund Size||₹1,797 Cr|
|Tata Steel Ltd.||Metals||Debenture||9.4%|
|Power Finance Corpn. Ltd.||Financial||Bonds/NCD||1.2%|
Kotak Credit Risk Fund Direct IDCW Weekly is a Debt Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was made available to investors on 11 Dec 2013. Deepak Agrawal is the Current Fund Manager of Kotak Credit Risk Fund Direct IDCW Weekly fund.The fund currently has an Asset Under Management(AUM) of ₹1,797 Cr and the Latest NAV as of 07 May 2021 is ₹10.44.
The Kotak Credit Risk Fund Direct IDCW Weekly is rated High risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 200000. 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.