|Min SIP Amount||₹1000|
|NAV||₹15.50 (26 Nov 2020)|
|Fund Started||31 Dec 2012|
|Fund Size||₹13,539 Cr|
|Reserve Bank of India||Financial||T-Bills||7.4%|
|Housing Development Finance Corpn. Ltd.||Financial||Debenture||5.5%|
|Bharti Telecom Ltd.||Communication||Debenture||4.0%|
|Reserve Bank of India||Financial||T-Bills||3.6%|
|Hindustan Zinc Ltd.||Metals||CP||3.3%|
|National Bank For Agriculture & Rural Development||Financial||CD||2.9%|
Kotak Savings Fund Direct Dividend Monthly 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 Dividend Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹13,539 Cr and the Latest NAV as of 26 Nov 2020 is ₹15.50.
The Kotak Savings Fund Direct Dividend Monthly is rated Moderately Low 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.