|Risk||Low to Moderate|
|Min SIP Amount||₹1000|
|NAV||₹34.76 (22 Apr 2021)|
|Fund Started||31 Dec 2012|
|Fund Size||₹11,180 Cr|
|Reserve Bank of India||Financial||T-Bills||7.4%|
|Housing Development Finance Corpn. Ltd.||Financial||Debenture||4.3%|
|National Bank For Agriculture & Rural Development||Financial||CD||3.5%|
|National Bank For Agriculture & Rural Development||Financial||CP||3.5%|
|LIC Housing Finance Ltd.||Financial||CP||3.5%|
|Housing Development Finance Corpn. Ltd.||Financial||CP||2.6%|
|Housing Development Finance Corpn. Ltd.||Financial||Debenture||2.5%|
|Axis Bank Ltd.||Financial||FRD||2.2%|
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 ₹11,180 Cr and the Latest NAV as of 22 Apr 2021 is ₹34.76.
The Kotak Savings Fund Direct Growth is rated Low to Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.
The scheme seeks to generate returns through investment in debt and money market instruments with a view to reduce the interest rate risk.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.