Kotak Bond Fund Direct Growth
Debt
Direct
Medium To Long Duration
NAV as on 19-11-2024
₹ 81.74
Inception Returns
7.8%
/yr
About Kotak Bond Fund Direct Growth
Kotak Bond Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Abhishek Bisen. This fund is suitable to keep your money safe.
Key Parameters
- Kotak Bond Fund Direct Growth has ₹2221 Cr worth of assets under management (AUM) as on Oct 2024 and is more than category average.
- The fund has an expense ratio 0.7.
Returns
Kotak Bond Fund Direct Growth has given a CAGR return of 7.85% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.60%, 6.45% and 7.34% respectively.
Holdings
Kotak Bond Fund Direct Growth has allocated its funds majorly in Financial Services, Government, Corporate, Cash Equivalent. Its top holdings are 7.18% Govt Stock 2037, 7.18% Govt Stock 2033, 7.32% Govt Stock 2030, 7.25% Govt Stock 2063, 7.02% Govt Stock 2031
Taxation
As it is a medium to long duration mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:For short term (less than 3 years) capital gains will be taxed at your income slab rate.For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.Dividends will always be taxed at slab rate.
Investment objective of Kotak Bond Fund Direct Growth
The investment objective of the Scheme is to create a portfolio of debt instruments such as bonds, debentures, Government Securities and money market instruments, including repos in permitted securities of different maturities, so as to spread the risk across different kinds of issuers in the debt markets. There is no assurance that the investment objective of the Scheme will be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Kotak Bond Fund Direct Growth has no lock in period.
Historical NAV & Returns
Kotak Bond Fund Direct Growth Overview
| Expense ratio | 0.69% |
Benchmark | CRISIL Composite Bond Fund TR INR |
| AUM | ₹2221 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹100/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 209.69% |
| STCG | Selling within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Moderate Risk |
Trailing Returns
as on (19-Nov-24)
Fund Distribution
as on (31-Oct-24)
- AUM of the fund stands at 2.2K Cr as of Oct'24
- AUM increased by 49.8 Cr between Oct'24 and Sep'24
Top 3 Sectors in October were Financial Services, Government & Corporate
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Bharat Highways InvIT Unit | 0.33% | 0% |
Mutual Fund Insights
Kotak Bond Fund Direct Growth Highlights
Moderate Risk
About the fund
Fund Allocations
AUM size ₹2221 Cr
Expense Ratio 0.69%
Frequently Asked Questions for Kotak Bond Fund Direct Growth
Kotak Bond Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.28% | 0.28% |
6 Month Returns | 4.81% | 4.81% |
1 Year Returns | 9.6% | 9.6% |
3 Years Returns | 20.63% | 6.45% |
5 Years Returns | 42.5% | 7.34% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
AAA | 100 |