Kotak Savings Fund Direct Dividend Daily+0.02%

6.51%
1 Year Return
Debt
Ultra Short Duration
4.0star
6M
1Y
3Y
5Y
All

Fund Details

Kotak Savings Fund Direct Dividend Daily

RiskModerately Low
Min SIP Amount₹1000
Expense Ratio0.32%
NAV10.52 (26 Nov 2020)
Fund Started31 Dec 2012
Fund Size13,539 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
6.5%
7.5%
7.7%
8.3%
Category Average
5.4%
5.9%
6.5%
-
Rank Within Category
5
4
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 6.5% annual returns

    Comparison

    Data not available
    Pros
    1. Lower expense ratio - 0.33%
    2. Exit load is zero
    3. 1Y Returns are higher than the category average returns
    4. 3Y Returns are higher than the category average returns
    5. 5Y Returns are higher than the category average returns
    Cons
    Found nothing so far.

    Top Holdings

    NameSectorInstrument% Assets
    GOISovereignGOI FRB9.4%
    Reserve Bank of IndiaFinancialT-Bills7.4%
    Housing Development Finance Corpn. Ltd.FinancialDebenture5.5%
    GOISovereignCGL5.3%
    Bharti Telecom Ltd.CommunicationDebenture4.0%
    REC Ltd.FinancialDebenture3.9%
    GOISovereignGOI Sec3.7%
    Reserve Bank of IndiaFinancialT-Bills3.6%
    Hindustan Zinc Ltd.MetalsCP3.3%
    National Bank For Agriculture & Rural DevelopmentFinancialCD2.9%
    See All

    Fund Managers

    Deepak Agrawal
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    Kotak Savings Fund Direct Dividend Daily Details

    Kotak Savings Fund Direct Dividend Daily is a Debt Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was made available to investors on 31 Dec 2012. Deepak Agrawal is the Current Fund Manager of Kotak Savings Fund Direct Dividend Daily fund.The fund currently has an Asset Under Management(AUM) of ₹13,539 Cr and the Latest NAV as of 26 Nov 2020 is ₹10.52.

    The Kotak Savings Fund Direct Dividend Daily is rated Moderately Low risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.

    Investment Objective

    The scheme seeks to generate returns through investment in debt and money market instruments with a view to reduce the interest rate risk.

    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
    23 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,
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