Kotak Infrastructure and Economic Reform Fund Direct Dividend is a Equity Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Harish Krishnan is the Current Fund Manager of Kotak Infrastructure and Economic Reform Fund Direct Dividend.The fund currently has an Asset Under Management(AUM) of ₹356 Cr and the Latest NAV as of 14 Nov 2019 is ₹21.23.
The Kotak Infrastructure and Economic Reform Fund Direct Dividend is rated High risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 1 year.
The investment objective of the Scheme is to generate long-term capital appreciation from a diversified portfolio of predominantly (at least 65%) equity and equity-related securities of companies involved in economic development of India as a result of potential investments in infrastructure and unfolding economic reforms.
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment
Exit load of 1% if redeemed within 1 year