| Launch date | 20 Nov 2023 |
| Allotment date | 11 Dec 2023 |
| End date | 04 Dec 2023 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: 0.74%
Inclusive of GST
Exit load
0.5% for redemption within 30 Days
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Minimum investment amounts
| Min. for 1st investment | ₹100 |
| Min. for 2nd investment onwards | ₹100 |
| Min. for SIP | ₹100 |
Fund management
Abhishek BisenNov 2023 - PresentView details
Dhananjay TikarihaNov 2023 - PresentView details
Fund house & investment objective
| Rank (total assets) | #5 in India |
|---|---|
| Total AUM | ₹5,95,413.81Cr |
| Date of Incorporation | 05 Aug 1994 |
|---|
Kotak Healthcare Fund Direct Growth is a Equity Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was made available to investors on 05 Aug 1994. Abhishek Bisen is the Current Fund Manager of Kotak Healthcare Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹5,95,414 Cr and the Latest NAV as of 02 Apr 2026 is ₹13.42. The Kotak Healthcare Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹100. 0.5% for redemption within 30 Days ;
Investment Objective
The scheme is to seek to generate long term capital appreciation through investing in equity and equity related securities of companies benefitting directly or indirectly Pharma, Healthcare, and allied sectors. ;
| Fund benchmark | NIFTY Healthcare Total Return Index. |
|---|