| Launch date | 12 Jul 2023 |
| Allotment date | 02 Aug 2023 |
| End date | 26 Jul 2023 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: 1.16%
Inclusive of GST
Exit load
Exit load of 0.5%, if redeemed within 90 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 | ₹5,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹500 |
Fund management
Abhishek BisenJul 2023 - PresentView details
Harsha UpadhyayaOct 2023 - PresentView details
Rohit TandonJan 2024 - PresentView details
Fund house & investment objective
| Rank (total assets) | #5 in India |
|---|---|
| Total AUM | ₹5,95,413.81Cr |
| Date of Incorporation | 05 Aug 1994 |
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Kotak Quant 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 Quant 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 ₹13.81. The Kotak Quant Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹5,000. Exit load of 0.5%, if redeemed within 90 days ;
Investment Objective
The scheme seek to generate long term capital appreciation by investing predominantly in equity and equity related securities selected based on quant model theme. ;
| Fund benchmark | NIFTY 200 Total Return Index |
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