Kotak Savings Fund Direct Growth

Debt
Ultra Short Duration
Low to Moderate Risk
5.02%
3Y annualised
-0.01% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 23 Sep 2022₹36.76
Min. SIP amount₹1,000
Rating4
Fund size₹13,861.77Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Debt Ultra Short Duration
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns4.1%5.0%6.1%7.4%
Category average3.6%5.1%5.1%NA
Rank with in category1283NA
Understand terms

Holdings (75)

NameSectorInstrumentAssets
Reserve Bank of India
FinancialT-Bills4.8%
Reserve Bank of India
FinancialT-Bills4.3%
HDFC Bank Ltd.
FinancialCD4.1%
Reserve Bank of India
FinancialT-Bills3.6%
HDFC Bank Ltd.
FinancialCD3.6%
Canara Bank
FinancialCD3.5%
Axis Bank Ltd.
FinancialCD2.8%
Power Finance Corporation Ltd.FinancialDebenture2.8%
Axis Bank Ltd.
FinancialCD2.5%
Small Industries Devp. Bank of India Ltd.
FinancialCP2.4%
See All

Pros and cons

Category: Debt Ultra Short Duration

Pros

Cons

1Y and 5Y annualised returns higher than category average
3Y annualised returns lower than category average by 0.07%
Higher alpha: 2.56 The fund has generated returns higher than benchmark - NIFTY Ultra Short Duration Debt Index B-I - in the last 3Y
Exit load is zero
Lower expense ratio: 0.36%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality

Expense ratio, exit load and tax

Expense ratio: 0.36%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹1,000

Fund management

Deepak Agrawal
Jan 2013 - Present
View details

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.
Also manages these schemes

Vihag Mishra
Nov 2021 - Present
View details

Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
27 BKC, C-27, G Block,Bandra Kurla Complex,Bandra (E) Mumbai 400051
Phone
022-61152100 / 1800-22-2626
Launch Date
05 Aug 1994
Website
NA
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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