| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.34% |
| NAV | ₹10.36 (10 Jul 2020) |
|---|---|
| Fund Started | 31 Dec 2012 |
| Fund Size | ₹9,189 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Power Finance Corpn. Ltd. | Financial | Bonds/NCD | 7.3% |
| GOI | Sovereign | CGL | 6.8% |
| LIC Housing Finance Ltd. | Financial | CP | 5.6% |
| Housing Development Finance Corpn. Ltd. | Financial | CP | 5.6% |
| Mahindra & Mahindra Financial Services Ltd. | Financial | Debenture | 3.9% |
| Chhattisgarh State | Others | SDL | 3.7% |
| Uttar Pradesh State | Others | SDL | 3.4% |
| Bharti Telecom Ltd. | Communication | Debenture | 3.3% |
| REC Ltd. | Financial | Debenture | 3.3% |
| Reliance Industries Ltd. | Energy | NCD | 3.3% |
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 ₹9,189 Cr and the Latest NAV as of 10 Jul 2020 is ₹10.36.
The Kotak Savings Fund Direct Dividend Weekly is rated Moderately Low risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.
To reduce the interest rate risk associated with investments in fixed rate instruments by investing predominantly in floating rate securities, money market instruments and using appropriate derivatives.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.