|Min SIP Amount||Not Supported|
|NAV||₹18.69 (07 May 2021)|
|Fund Started||21 Mar 2014|
|Fund Size||₹1,910 Cr|
Kotak Medium Term Fund Direct IDCW Yearly is a Debt Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was made available to investors on 21 Mar 2014. Deepak Agrawal is the Current Fund Manager of Kotak Medium Term Fund Direct IDCW Yearly fund.The fund currently has an Asset Under Management(AUM) of ₹1,910 Cr and the Latest NAV as of 07 May 2021 is ₹18.69.
The Kotak Medium Term Fund Direct IDCW Yearly is rated Moderately High risk. Minimum SIP Investment is set to 1000. For units in excess of 3% of the investment,1% will be charged for redemption within 6 months.
The scheme seeks to generate regular income and capital appreciation by investing in a portfolio of medium term debt and money market instruments.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.