| Risk | Low |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.20% |
| NAV | ₹4064.70 (10 Jul 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹36,040 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 11.1% |
| GOI | Sovereign | CGL | 6.4% |
| Reserve Bank of India | Financial | T-Bills | 6.1% |
| Reserve Bank of India | Financial | T-Bills | 5.1% |
| Reserve Bank of India | Financial | T-Bills | 3.4% |
| National Bank For Agriculture & Rural Development | Financial | CP | 3.1% |
| Canara Bank | Financial | CD | 3.1% |
| Power Finance Corpn. Ltd. | Financial | CP | 3.1% |
| National Thermal Power Corp. Ltd. | Energy | CP | 3.1% |
| Reliance Industries Ltd. | Energy | CP | 2.8% |
Kotak Liquid Direct Growth is a Debt Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Deepak Agrawal is the Current Fund Manager of Kotak Liquid Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹36,040 Cr and the Latest NAV as of 10 Jul 2020 is ₹4064.70.
The Kotak Liquid Direct Growth 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.
The investment objective of the Scheme is to provide reasonable returns and high level of liquidity by investing in debt instruments such as bonds, debentures and Government Securities; and 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. The Scheme may invest in call money/term money market in terms of RBI guidelines in this respect. Subject to the maximum amount permitted from time to time, the Scheme may invest in offshore securities in the manner allowed by SEBI/RBI, provided such investments are in conformity with the investment objective of the Scheme and the prevailing guidelines and Regulations.To reduce the risk of the portfolio, the Scheme may also use various derivative and hedging products from time to time, in the manner permitted by SEBI. There is no assurance that the investment objective of the Schemes will be realised.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.