Kotak World Gold Fund Direct Dividend is a Others Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was introduced to investors on 03 Jan 2013. Deepak Gupta is the Current Fund Manager of Kotak World Gold Fund Direct Dividend.The fund currently has an Asset Under Management(AUM) of ₹51 Cr and the Latest NAV as of 20 Feb 2020 is ₹9.75.
The Kotak World Gold Fund Direct Dividend is rated High risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 1 year.
Investment Objective
The primary investment objective of the Scheme is to provide long term capital appreciation by investing predominantly in units of AIG PB Equity Fund Gold. The Scheme may, at the discretion of the Investment Manager, also invest in the units of other similar overseas mutual fund schemes. The Scheme may also invest a certain portion of its corpus in debt and money market securities and/or units of debt/liquid schemes of Mutual Funds, in order to meet liquidity requirements from time to time.
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.
Scheme Information Document(SID)
₹5000
Min for First Investment
₹1000
Min for Second Investment
Exit load of 1% if redeemed within 1 year
Exit Load