| Launch date | 01 Feb 2022 |
| Allotment date | 22 Feb 2022 |
| End date | 15 Feb 2022 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: 0.50%
Inclusive of GST
Exit load
For units in excess of 10% of the investment,1% will be charged for redemption within 365 days
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 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 BisenFeb 2022 - PresentView details
Harsha UpadhyayaOct 2023 - PresentView details
Fund house & investment objective
| Rank (total assets) | #5 in India |
|---|---|
| Total AUM | ₹3,78,171.75Cr |
| Date of Incorporation | 05 Aug 1994 |
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Kotak Manufacture in India Fund Direct - Growth - NFO is a Equity Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was made available to investors on 05 Aug 1994. Harish Krishnan is the Current Fund Manager of Kotak Manufacture in India Fund Direct - Growth - NFO fund. The fund currently has an Asset Under Management(AUM) of ₹3,78,172 Cr and the Latest NAV as of 22 Feb 2022 is ₹10.00. The Kotak Manufacture in India Fund Direct - Growth - NFO is rated Very High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹100. For units in excess of 10% of the investment,1% will be charged for redemption within 365 days ;
| Fund benchmark | NA |
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