| Launch date | 27 Jun 2025 |
| Allotment date | 09 Jul 2025 |
| End date | 07 Jul 2025 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: 0.15%
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed as per your Income Tax slab.
Minimum investment amounts
| Min. for 1st investment | ₹100 |
| Min. for 2nd investment onwards | ₹100 |
| Min. for SIP | ₹100 |
Fund management
Abhishek BisenJun 2025 - PresentView details
Fund house & investment objective
| Rank (total assets) | #5 in India |
|---|---|
| Total AUM | ₹5,41,198.99Cr |
| Date of Incorporation | 05 Aug 1994 |
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Kotak Nifty AAA Bond Financial Services Mar 2028 Index Fund Direct Growth is a Debt 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 Nifty AAA Bond Financial Services Mar 2028 Index Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹5,41,199 Cr and the Latest NAV as of 16 Jul 2025 is ₹10.01. The Kotak Nifty AAA Bond Financial Services Mar 2028 Index Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹100. ;
Investment Objective
The scheme seeks to generate returns that are commensurate (before fees and expenses) with the performance of Nifty AAA Financial Services Bond Mar 2028 Index which seeks to track the performance of AAA issuers from the financial services sector maturing near target date of the index. ;
| Fund benchmark | Nifty AAA Financial Services Bond Mar 2028 Index |
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