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Kotak Savings Fund Direct Growth+0.03%

5.22%
1 Year Return
Debt
Ultra Short Duration
5.0star
6M
1Y
3Y
5Y
All

Fund Details

Kotak Savings Fund Direct Growth

RiskLow to Moderate
Min SIP Amount₹1000
Expense Ratio0.33%
NAV₹34.76 (22 Apr 2021)
Fund Started31 Dec 2012
Fund Size11,180 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
5.2%
7.0%
7.3%
8.1%
Category Average
4.4%
5.4%
6.0%
-
Rank Within Category
6
3
3
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount1,000
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 5.2% returns per annum

Comparison

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

Top Holdings

NameSectorInstrument% Assets
GOISovereignCGL15.3%
GOISovereignGOI Sec8.4%
Reserve Bank of IndiaFinancialT-Bills7.4%
Housing Development Finance Corpn. Ltd.FinancialDebenture4.3%
National Bank For Agriculture & Rural DevelopmentFinancialCD3.5%
National Bank For Agriculture & Rural DevelopmentFinancialCP3.5%
LIC Housing Finance Ltd.FinancialCP3.5%
Housing Development Finance Corpn. Ltd.FinancialCP2.6%
Housing Development Finance Corpn. Ltd.FinancialDebenture2.5%
Axis Bank Ltd.FinancialFRD2.2%
See All

Fund Managers

Deepak Agrawal
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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 ₹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.

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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