| Launch date | 10 Jun 2024 |
| Allotment date | 01 Jul 2024 |
| End date | 24 Jun 2024 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: 0.63%
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 BisenJul 2024 - PresentView details
Fund house & investment objective
| Rank (total assets) | #5 in India |
|---|---|
| Total AUM | ₹4,39,120.27Cr |
| Date of Incorporation | 05 Aug 1994 |
|---|
Kotak Special Opportunities 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. Devender Singhal is the Current Fund Manager of Kotak Special Opportunities Fund Direct-Growth - NFO fund. The fund currently has an Asset Under Management(AUM) of ₹4,39,120 Cr and the Latest NAV as of 01 Jul 2024 is ₹10.00. The Kotak Special Opportunities Fund Direct-Growth - NFO 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. ;
| Fund benchmark | NIFTY 500 Total Return Index |
|---|