Kotak Savings Fund Direct Growth0.00%

4
7.41%
1 Year Return
Debt
Ultra Short Duration
4.0star
6M
1Y
3Y
5Y
All

Fund Details

Kotak Savings Fund Direct Growth

RiskModerately Low
Min SIP Amount₹1000
Expense Ratio0.32%
NAV33.79 (07 Aug 2020)
Fund Started31 Dec 2012
Fund Size9,189 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Kotak Savings Fund Direct Growth
7.4%
7.7%
7.9%
8.4%
Category Average
7.0%
6.0%
6.7%
-
Rank within category
6
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 7.4% annual returns

    Comparison

    Data not available
    Pros
    1. Risk-adjusted returns are higher compared to the category
    2. Risk-adjusted returns are higher compared to the category
    3. Lower expense ratio
    4. 1Y Returns are higher than the category average returns
    5. 3Y Returns are higher than the category average returns
    6. 5Y Returns are higher than the category average returns
    7. Exit load is zero
    Cons
    Found nothing so far.

    Top Holdings

    NameSectorInstrument% Assets
    National Bank For Agriculture & Rural DevelopmentFinancialDebenture6.1%
    Export-Import Bank Of IndiaFinancialCP5.4%
    HDB Financial Services Ltd.FinancialDebenture5.3%
    Bharti Telecom Ltd.CommunicationDebenture4.9%
    Kotak Mahindra Prime Ltd.FinancialDebenture4.0%
    Bajaj Housing Finance Ltd.FinancialZCB3.8%
    Chhattisgarh StateOthersSDL3.6%
    Uttar Pradesh StateOthersSDL3.3%
    National Bank For Agriculture & Rural DevelopmentFinancialCD3.1%
    REC Ltd.FinancialDebenture3.0%
    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

    Kotak Savings Fund Direct Growth Details

    Kotak Savings Fund Direct Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹9,189 Cr and the Latest NAV as of 07 Aug 2020 is ₹33.79.

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

    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

    Compare Funds

    Kotak Savings Fund Direct Growth
    VS
    search

    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,
    Similar Funds
    Data not available