| Launch date | 07 Oct 2024 |
| Allotment date | 28 Oct 2024 |
| End date | 21 Oct 2024 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: 0.57%
Inclusive of GST
Exit load
Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 1 year.
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 BisenOct 2024 - PresentView details
Harsha UpadhyayaOct 2024 - PresentView details
Dhananjay TikarihaOct 2024 - PresentView details
Fund house & investment objective
| Rank (total assets) | #5 in India |
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| Total AUM | ₹4,39,120.27Cr |
| Date of Incorporation | 05 Aug 1994 |
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Kotak MNC 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. Harsha Upadhyaya is the Current Fund Manager of Kotak MNC Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹4,39,120 Cr and the Latest NAV as of 11 Dec 2024 is ₹10.35. The Kotak MNC Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹100. Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 1 year. ;
Investment Objective
The scheme is to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related securities of multi-national companies (MNC). ;
| Fund benchmark | NIFTY MNC Total Return Index |
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