|Min SIP Amount||Not Supported|
|NAV||₹1000.46 (26 Nov 2020)|
|Fund Started||04 Nov 2003|
|Fund Size||₹28,419 Cr|
|Reserve Bank of India||Financial||T-Bills||8.8%|
|Reserve Bank of India||Financial||T-Bills||3.9%|
|Reserve Bank of India||Financial||T-Bills||3.4%|
|Export-Import Bank Of India||Financial||CP||2.8%|
|Housing Development Finance Corpn. Ltd.||Financial||CP||2.8%|
|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 Regular Weekly Dividend is a Debt Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was made available to investors on 04 Nov 2003. Deepak Agrawal is the Current Fund Manager of Kotak Liquid Regular Weekly Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹28,419 Cr and the Latest NAV as of 26 Nov 2020 is ₹1000.46.
The Kotak Liquid Regular Weekly Dividend 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.