|Min SIP Amount||₹1000|
|NAV||₹10.45 (03 Jul 2020)|
|Fund Started||11 Dec 2013|
|Fund Size||₹2,052 Cr|
|Talwandi Sabo Power Ltd.||Engineering||Debenture||9.1%|
|Union Bank of India||Financial||Bonds||6.8%|
|Punjab & Sind Bank||Financial||Bonds||6.7%|
|Power Finance Corpn. Ltd.||Financial||Bonds/NCD||6.0%|
|Power Finance Corpn. Ltd.||Financial||NCD||5.5%|
|Madhya Pradesh State||Others||SDL||5.0%|
|Coastal Gujarat Power Ltd.||Engineering||Debenture||4.8%|
|Future Lifestyle Fashion Ltd.||Services||Bonds/Deb||4.8%|
|Uttar Pradesh Power Corporation Ltd||Engineering||Debenture||4.5%|
|L&T Infrastructure Finance Co. Ltd.||Financial||NCD||4.0%|
Kotak Credit Risk Fund Direct Dividend 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 Dividend Weekly fund.The fund currently has an Asset Under Management(AUM) of ₹2,052 Cr and the Latest NAV as of 03 Jul 2020 is ₹10.45.
The Kotak Credit Risk Fund Direct Dividend Weekly is rated Moderately Low 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 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.