|Min SIP Amount||Not Supported|
|NAV||₹1222.81 (12 Aug 2020)|
|Fund Started||31 Dec 2012|
|Fund Size||₹32,610 Cr|
|Reserve Bank of India||Financial||T-Bills||12.6%|
|Reserve Bank of India||Financial||T-Bills||6.1%|
|National Bank For Agriculture & Rural Development||Financial||CP||4.6%|
|National Thermal Power Corp. Ltd.||Energy||CP||3.1%|
|Reserve Bank of India||Financial||T-Bills||3.0%|
|National Bank For Agriculture & Rural Development||Financial||Debenture||2.8%|
|Reliance Jio Infocomm Ltd.||Communication||CP||2.8%|
|National Housing Bank||Financial||CP||2.5%|
|Housing Development Finance Corpn. Ltd.||Financial||CP||2.4%|
|LIC Housing Finance Ltd.||Financial||CP||2.1%|
Kotak Liquid Direct Dividend 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 Dividend Daily fund.The fund currently has an Asset Under Management(AUM) of ₹32,610 Cr and the Latest NAV as of 12 Aug 2020 is ₹1222.81.
The Kotak Liquid Direct Dividend Daily is rated Low 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.
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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.