|Min SIP Amount||₹500|
|NAV||₹28.29 (25 Jan 2021)|
|Fund Started||01 Jan 2013|
|Fund Size||₹33,462 Cr|
|Reliance Industries Ltd.||Energy||Equity||7.5%|
|ICICI Bank Ltd.||Financial||Equity||6.9%|
|HDFC Bank Ltd.||Financial||Equity||6.0%|
|Tata Consultancy Services Ltd.||Technology||Equity||5.7%|
|Ultratech Cement Ltd.||Construction||Equity||4.8%|
|Hindustan Unilever Ltd.||FMCG||Equity||3.7%|
|Axis Bank Ltd.||Financial||Equity||3.5%|
|Larsen & Toubro Ltd.||Construction||Equity||3.5%|
Kotak Standard Multicap Fund Direct Dividend is a Equity Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Harsha Upadhyaya is the Current Fund Manager of Kotak Standard Multicap Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹33,462 Cr and the Latest NAV as of 25 Jan 2021 is ₹28.29.
The Kotak Standard Multicap Fund Direct Dividend is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 200000. For units in excess of 10% of the investment,1% will be charged for redemption within 365 days
The scheme seeks to generate longterm capital appreciation from a portfolio of equity and equity related securities, generally focused on a few selected sectors.
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.