| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.32% |
| NAV | ₹33.79 (07 Aug 2020) |
|---|---|
| Fund Started | 31 Dec 2012 |
| Fund Size | ₹9,189 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| National Bank For Agriculture & Rural Development | Financial | Debenture | 6.1% |
| Export-Import Bank Of India | Financial | CP | 5.4% |
| HDB Financial Services Ltd. | Financial | Debenture | 5.3% |
| Bharti Telecom Ltd. | Communication | Debenture | 4.9% |
| Kotak Mahindra Prime Ltd. | Financial | Debenture | 4.0% |
| Bajaj Housing Finance Ltd. | Financial | ZCB | 3.8% |
| Chhattisgarh State | Others | SDL | 3.6% |
| Uttar Pradesh State | Others | SDL | 3.3% |
| National Bank For Agriculture & Rural Development | Financial | CD | 3.1% |
| REC Ltd. | Financial | Debenture | 3.0% |
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.
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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.