Fund Details
Kotak Savings Fund Direct IDCW Weekly
| Risk | Low to Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.33% |
| NAV | ₹10.68 (07 May 2021) |
|---|---|
| Fund Started | 31 Dec 2012 |
| Fund Size | ₹12,421 Cr |
Returns
Comparison
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
Found nothing so far.
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | CGL | 15.3% |
| GOI | Sovereign | GOI Sec | 8.4% |
| Reserve Bank of India | Financial | T-Bills | 7.4% |
| Housing Development Finance Corpn. Ltd. | Financial | Debenture | 4.3% |
| National Bank For Agriculture & Rural Development | Financial | CD | 3.5% |
| National Bank For Agriculture & Rural Development | Financial | CP | 3.5% |
| LIC Housing Finance Ltd. | Financial | CP | 3.5% |
| Housing Development Finance Corpn. Ltd. | Financial | CP | 2.6% |
| Housing Development Finance Corpn. Ltd. | Financial | Debenture | 2.5% |
| Axis Bank Ltd. | Financial | FRD | 2.2% |
Fund Managers
Kotak Savings Fund Direct IDCW Weekly Details
Kotak Savings Fund Direct IDCW 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 IDCW Weekly fund.The fund currently has an Asset Under Management(AUM) of ₹12,421 Cr and the Latest NAV as of 07 May 2021 is ₹10.68.
The Kotak Savings Fund Direct IDCW Weekly 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.
