Kotak Savings Fund Regular Dividend Daily+0.02%

3Groww
8.32%
1 Year Return
Debt
Ultra Short Duration
3.0 star
6M
1Y
3Y
5Y
All

Fund Details

Kotak Savings Fund Regular Dividend Daily

RiskModerately Low
Min SIP Amount₹1000
Expense Ratio0.76%
NAV10.08 (21 Nov 2019)
Fund Started08 Oct 2008
Fund Size11,281 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Kotak Savings Fund Regular Dividend Daily
8.3%
7.3%
7.8%
7.8%
Category Average
5.1%
5.7%
6.8%
-
Rank within category
6
6
5
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 8.3% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 10 years
    2. Risk-adjusted returns are higher compared to the category
    3. Risk-adjusted returns are higher compared to the category
    4. Risk is lower compared to the benchmark
    5. 1Y Returns are higher than the benchmark
    6. Exit load is zero
    Cons
    Found nothing so far.

    Top Holdings

    NameSectorInstrument% Assets
    Reserve Bank of IndiaFinancialT-Bills9.1%
    National Bank For Agriculture & Rural DevelopmentFinancialCP6.1%
    Larsen & Toubro Ltd.ConstructionCP5.2%
    Power Finance Corpn. Ltd.FinancialCP4.6%
    Small Industries Devp. Bank of India Ltd.FinancialCD4.3%
    LIC Housing Finance Ltd.FinancialCP3.8%
    Reliance Industries Ltd.EnergyCP3.5%
    Axis Bank Ltd.FinancialCD3.4%
    L&T Finance Ltd.FinancialBonds/Deb2.7%
    Bahadur Chand Investments Pvt. Ltd.FinancialFRD2.7%
    See All

    Fund Managers

    addDeepak Agrawal
    Education
    Mr. Agrawal is Post Graduate in Commerce from Mumbai University, Chartered Accountant, Company Secretary and CFA.
    Experience
    He has been associated with Kotak AMC since 2000.
    Funds Managed

    Other Details

    Kotak Savings Fund Regular Dividend Daily is a Debt Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was introduced to investors on 08 Oct 2008. Deepak Agrawal is the Current Fund Manager of Kotak Savings Fund Regular Dividend Daily.The fund currently has an Asset Under Management(AUM) of ₹11,281 Cr and the Latest NAV as of 21 Nov 2019 is ₹10.08.

    The Kotak Savings Fund Regular Dividend Daily is rated Moderately Low risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. Nil.

    Investment Objective

    To reduce the interest rate risk associated with investments in fixed rate instruments by investing predominantly in floating rate securities, money market instruments and using appropriate derivatives.

    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
    Nil
    Exit Load

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    About Kotak Mahindra Mutual Fund

    Address
    27 BKC, C-27, G Block, Bandra Kurla Complex, Bandra (E) Mumbai 400051
    Phone
    022 - 66384444
    Launch Date
    22 Jun 1998
    Kotak Mahindra Mutual Fund
    Asset Management Company
    Custodian
    Deutsche Bank
    Registrar & Transfer Agent
    Cams
    Address
    7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
    Invest Now
    Enter investment amount
    + ₹1,000
    + ₹5,000
    + ₹10,000
    ONE TIME
    MONTHLY SIP
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