|Risk||Low to Moderate|
|Min SIP Amount||Not Supported|
|NAV||₹1222.81 (14 Jun 2021)|
|Fund Started||31 Dec 2012|
|Fund Size||₹30,283 Cr|
|Reserve Bank of India||Financial||T-Bills||5.9%|
|National Housing Bank||Financial||CP||4.5%|
|Axis Bank Ltd.||Financial||CD||4.5%|
|Reliance Industries Ltd.||Energy||CP||4.2%|
|Housing Development Finance Corpn. Ltd.||Financial||CP||3.0%|
|Hindustan Petroleum Corpn. Ltd.||Energy||CP||2.7%|
|Indian Oil Corpn. Ltd.||Energy||CP||2.4%|
|National Thermal Power Corp. Ltd.||Energy||CP||2.2%|
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.
The scheme seeks to provide a high level of liquidity along with reasonable returns through investments in money and other short-term debt instruments.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.