Kotak Low Duration Fund Direct Dividend Weekly is a Debt Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was introduced to investors on 04 Jan 2013. Deepak Agrawal is the Current Fund Manager of Kotak Low Duration Fund Direct Dividend Weekly.The fund currently has an Asset Under Management(AUM) of ₹4,796 Cr and the Latest NAV as of 16 Oct 2019 is ₹1200.06.
The Kotak Low Duration Fund Direct Dividend Weekly is rated Moderate risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. Nil.
Investment Objective
The primary investment objective of the Scheme is to seek to generate income from a portfolio constituted of short to medium term debt and money market securities. There is no assurance that the objective of the Scheme will be realised and the Scheme does not assure or guarantee any returns.
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.
Scheme Information Document(SID)
₹5000
Min for First Investment
₹1000
Min for Second Investment