Kotak Medium Term Fund Direct Growth is a Debt Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was introduced to investors on 21 Mar 2014. Deepak Agrawal is the Current Fund Manager of Kotak Medium Term Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹3,358 Cr and the Latest NAV as of 11 Dec 2019 is ₹16.74.
The Kotak Medium Term Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. For units more than 15% of the allotted, an exit load of 2% will be charged if redeemed within 18 months..
Investment Objective
The investment objective of the scheme is to generate regular income and capital appreciation by investing in a portfolio of medium term debt and money market instruments. There is no assurance or guarantee that the investment objective of the scheme will be achieved
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
For units more than 15% of the allotted, an exit load of 2% will be charged if redeemed within 18 months.
Exit Load