| Risk | Low |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.20% |
| NAV | ₹4105.14 (29 Oct 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹27,682 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 9.0% |
| GOI | Sovereign | CGL | 8.5% |
| National Bank For Agriculture & Rural Development | Financial | CP | 5.0% |
| Reserve Bank of India | Financial | T-Bills | 4.3% |
| Reserve Bank of India | Financial | T-Bills | 4.0% |
| Export-Import Bank Of India | Financial | CP | 2.9% |
| Chhattisgarh State | Others | SDL | 1.8% |
| Housing Development Finance Corpn. Ltd. | Financial | CP | 1.8% |
| Reliance Industries Ltd. | Energy | CP | 1.8% |
| Reserve Bank of India | Financial | T-Bills | 1.8% |
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 ₹27,682 Cr and the Latest NAV as of 29 Oct 2020 is ₹4105.14.
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 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.