Kotak Standard Multicap Fund Direct Dividend is a Equity Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Harsha Upadhyaya is the Current Fund Manager of Kotak Standard Multicap Fund Direct Dividend.The fund currently has an Asset Under Management(AUM) of ₹24,959 Cr and the Latest NAV as of 19 Aug 2019 is ₹24.6.
The Kotak Standard Multicap Fund Direct Dividend is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 1 year.
Same for SIP..
Investment Objective
The investment objective of the scheme is to generate long-term capital appreciation from a portfolio of equity and equity related securities, generally focussed on a few selected sectors.
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.
Same for SIP.
Exit Load