Kotak Multi Asset Allocation Direct Growth is a Hybrid Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Abhishek Bisen, Deepak Gupta is the Current Fund Manager of Kotak Multi Asset Allocation Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹15 Cr and the Latest NAV as of 30 Dec 2016 is ₹16.41.
The Kotak Multi Asset Allocation Direct Growth is rated Moderate risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 1 year..
Investment Objective
The investment objective of the scheme is to generate income by investing predominantly in debt and money market securities, to generate growth by taking moderate exposure to equity and equity related instruments and provide diversification by investing in Gold ETFs.
Tax Implications
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
Scheme Information Document(SID)
₹5000
Min for First Investment
₹1000
Min for Second Investment
Exit load of 1% if redeemed within 1 year.
Exit Load