Kotak Multi Asset Allocation Regular Growth is a Hybrid Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was made available to investors on 21 Jan 2011. Abhishek Bisen, Deepak Gupta is the Current Fund Manager of Kotak Multi Asset Allocation Regular Growth fund.The fund currently has an Asset Under Management(AUM) of ₹15 Cr and the Latest NAV as of 11 Oct 2017 is ₹17.07.
The Kotak Multi Asset Allocation Regular Growth is rated Moderate risk. Minimum SIP Investment is set to 1000. Exit load of 1% if redeemed within 1 year.
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.
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)
Min for First Investment
Min for Second Investment
Exit load of 1% if redeemed within 1 year.