Fund Details
Kotak Liquid Direct Growth
| Risk | Low to Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.20% |
| NAV | ₹4190.16 (23 Jun 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹30,283 Cr |
Returns
Comparison
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
1. Asset under management(AUM) is more than 20000 Crs. Returns tend to go low once AUM exceeds a certain amount
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 8.8% |
| Reserve Bank of India | Financial | T-Bills | 7.8% |
| Reserve Bank of India | Financial | T-Bills | 6.6% |
| Axis Bank Ltd. | Financial | CD | 4.9% |
| Housing Development Finance Corpn. Ltd. | Financial | CP | 3.3% |
| National Bank For Agriculture & Rural Development | Financial | CP | 3.3% |
| Hindustan Petroleum Corpn. Ltd. | Energy | CP | 3.0% |
| Tata Steel Ltd. | Metals | CP | 3.0% |
| National Thermal Power Corp. Ltd. | Energy | CP | 2.5% |
| National Thermal Power Corp. Ltd. | Energy | CP | 2.5% |
Fund Managers
Kotak Liquid Direct Growth Details
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 ₹30,283 Cr and the Latest NAV as of 23 Jun 2021 is ₹4190.16.
The Kotak Liquid Direct Growth 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.
