Fund Details
Kotak Savings Fund Direct Dividend Weekly
| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.32% |
| NAV | ₹10.51 (26 Nov 2020) |
|---|---|
| Fund Started | 31 Dec 2012 |
| Fund Size | ₹13,539 Cr |
Returns
as per Historical Returns
Comparison
1. Lower expense ratio - 0.33%
2. Exit load is zero
3. 1Y Returns are higher than the category average returns
4. 3Y Returns are higher than the category average returns
5. 5Y Returns are higher than the category average returns
Found nothing so far.
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI FRB | 9.4% |
| Reserve Bank of India | Financial | T-Bills | 7.4% |
| Housing Development Finance Corpn. Ltd. | Financial | Debenture | 5.5% |
| GOI | Sovereign | CGL | 5.3% |
| Bharti Telecom Ltd. | Communication | Debenture | 4.0% |
| REC Ltd. | Financial | Debenture | 3.9% |
| GOI | Sovereign | GOI Sec | 3.7% |
| 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% |
Fund Managers
Kotak Savings Fund Direct Dividend Weekly Details
Kotak Savings Fund Direct Dividend Weekly 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 Weekly fund.The fund currently has an Asset Under Management(AUM) of ₹13,539 Cr and the Latest NAV as of 26 Nov 2020 is ₹10.51.
The Kotak Savings Fund Direct Dividend Weekly is rated Moderately Low 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.
