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Kotak Liquid Direct IDCW Daily+0.01%

3.30%
1 Year Return
Debt
Liquid
3.0star
6M
1Y
3Y
5Y
All

Fund Details

Kotak Liquid Direct IDCW Daily

RiskLow to Moderate
Min SIP AmountNot Supported
Expense Ratio0.20%
NAV₹1222.81 (14 Jun 2021)
Fund Started31 Dec 2012
Fund Size30,283 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
3.3%
5.4%
6.0%
-
Category Average
3.3%
5.4%
6.0%
-
Rank Within Category
17
26
25
-
*All returns are annualized.
ONE TIME
Minimum SIP amount1,000
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 3.3% returns per annum

Comparison

Data not available
Pros
1. Age is more than 3 years
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
Cons
1. Asset under management(AUM) is more than 20000 Crs. Returns tend to go low once AUM exceeds a certain amount

Top Holdings

NameSectorInstrument% Assets
Reserve Bank of IndiaFinancialT-Bills5.9%
GOISovereignGOI Sec5.9%
GOISovereignCGL4.6%
National Housing BankFinancialCP4.5%
Axis Bank Ltd.FinancialCD4.5%
Reliance Industries Ltd.EnergyCP4.2%
Housing Development Finance Corpn. Ltd.FinancialCP3.0%
Hindustan Petroleum Corpn. Ltd.EnergyCP2.7%
Indian Oil Corpn. Ltd.EnergyCP2.4%
National Thermal Power Corp. Ltd.EnergyCP2.2%
See All

Fund Managers

Deepak Agrawal
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Kotak Liquid Direct IDCW Daily Details

Kotak Liquid Direct IDCW Daily is a Debt Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was made available to investors on 31 Dec 2012. Deepak Agrawal is the Current Fund Manager of Kotak Liquid Direct IDCW Daily fund.The fund currently has an Asset Under Management(AUM) of ₹30,283 Cr and the Latest NAV as of 14 Jun 2021 is ₹1222.81.

The Kotak Liquid Direct IDCW Daily is rated Low to Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 500. Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days.

Investment Objective

The scheme seeks to provide a high level of liquidity along with reasonable returns through investments in money and other short-term debt instruments.

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.

Scheme Information Document(SID)

₹500
Min for First Investment
₹500
Min for Second Investment
Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days.
Exit Load

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About Kotak Mahindra Mutual Fund

Address
27 BKC, C-27, G Block, Bandra Kurla Complex, Bandra (E) Mumbai 400051
Phone
022 - 66384444
Launch Date
23 Jun 1998
Website
NA
Kotak Mahindra Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
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