Kotak Liquid Direct Dividend Daily+0.02%

2Groww
7.29%
1 Year Return
Debt
Liquid
2.0 star
6M
1Y
3Y
5Y
All

Fund Details

Kotak Liquid Direct Dividend Daily

RiskLow
Min SIP AmountNot Supported
Expense Ratio0.20%
NAV1222.8 (20 Aug 2019)
Fund Started31 Dec 2012
Fund Size29,444 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Kotak Liquid Direct Dividend Daily
7.3%
7.1%
7.6%
8.0%
Category Average
6.9%
6.8%
7.3%
-
Rank within category
28
26
23
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    30
    with 7.3% annual returns

    Comparison

    Data not available
    Pros
    Found nothing so far.
    Cons
    Found nothing so far.

    Top Holdings

    NameSectorInstrument% Assets
    Reserve Bank of IndiaFinancialT-Bills6.8%
    Reserve Bank of IndiaFinancialT-Bills6.7%
    Reliance Jio Infocomm Ltd.CommunicationCP3.6%
    Bajaj Finance Ltd.FinancialCP3.5%
    National Bank For Agriculture & Rural DevelopmentFinancialCP3.4%
    Small Industries Devp. Bank of India Ltd.FinancialCP3.4%
    Axis Bank Ltd.FinancialCD3.4%
    Reliance Retail Ltd.ServicesCP3.3%
    Syndicate BankFinancialCD2.9%
    Reliance Jio Infocomm Ltd.CommunicationCP2.7%
    See All

    Fund Managers

    addDeepak Agrawal
    Education
    Mr. Agrawal is Post Graduate in Commerce from Mumbai University, Chartered Accountant, Company Secretary and CFA.
    Experience
    He has been associated with Kotak AMC since 2000.
    Funds Managed

    Other Details

    Kotak Liquid Direct Dividend Daily is a Debt Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was introduced to investors on 31 Dec 2012. Deepak Agrawal is the Current Fund Manager of Kotak Liquid Direct Dividend Daily.The fund currently has an Asset Under Management(AUM) of ₹29,444 Cr and the Latest NAV as of 20 Aug 2019 is ₹1222.8.

    The Kotak Liquid Direct Dividend Daily is rated Low risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. Nil.

    Investment Objective

    Aims to provide reasonable returns and high level of liquidity by investing in debt instruments such as bonds, debentures, Government Securities, money market instruments such as treasury bills, commercial paper, certificate of deposit, including repos in permitted securities of different maturities so as to spread the risk across different kinds of issuers in the debt markets.

    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)

    ₹5000
    Min for First Investment
    ₹1000
    Min for Second Investment
    Nil
    Exit Load

    Compare Funds

    Kotak Liquid Direct Dividend Daily
    VS
    search

    About Kotak Mahindra Mutual Fund

    Address
    27 BKC, C-27, G Block, Bandra Kurla Complex, Bandra (E) Mumbai 400051
    Phone
    022 - 66384444
    Launch Date
    22 Jun 1998
    Kotak Mahindra Mutual Fund
    Asset Management Company
    Custodian
    Deutsche Bank
    Registrar & Transfer Agent
    Cams
    Address
    7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
    Invest Now
    Enter investment amount
    + ₹1,000
    + ₹5,000
    + ₹10,000
    ONE TIME
    MONTHLY SIP
    Similar Funds
    Data not available
    Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.
    Past performance is not indicative of future returns. Please consider your specific investment requirements, risk tolerance, investment goal, time frame, risk and reward balance and the cost associated with the investment before choosing a fund, or designing a portfolio that suits your needs.
    MOST POPULAR ON GROWW
    MUTUAL FUNDS COMPANIES: ICICI PRUDENTIAL  | HDFC  | RELIANCE  | ADITYA BIRLA SUN LIFE  | SBI  | UTI  | FRANKLIN TEMPLETON  | KOTAK MAHINDRA  | IDFC  | DSP BLACKROCK  | AXIS  | TATA  | L&T  | SUNDARAM  | DHFL PRAMERICA  | INVESCO  | LIC  | JM FINANCIAL  | BARODA PIONEER  | CANARA ROBECO  | HSBC  | IDBI  | INDIABULLS  | MOTILAL OSWAL  | BNP PARIBAS  | MIRAE ASSET  | PRINCIPAL  | BOI AXA  | UNION KBC  | TAURUS  | EDELWEISS  | ESSEL  | MAHINDRA  | QUANTUM  | PPFAS  | IIFL  | ESCORTS  |