Debt
Direct
Medium To Long Duration
NAV as on 06-09-2024
₹ 80.66
Inception Returns
7.9%
/yr
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.
Kotak Bond Fund Direct Growth has given a CAGR return of 7.86% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.64%, 6.28% and 7.23% respectively.
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, 8.34% Govt Stock 2033, 7.3% Govt Stock 2053, 7.25% Govt Stock 2063
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.
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 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.
Expense ratio | 0.69% |
Benchmark | CRISIL Composite Bond Fund TR INR |
AUM | ₹2155 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 12.5% without indexation. |
Risk | Moderate Risk |
as on (06-Sep-24)
as on (31-Jul-24)
Top 3 Sectors in July were Financial Services, Government & Corporate
Kotak Bond Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.77% | 0.77% |
6 Month Returns | 4.69% | 4.69% |
1 Year Returns | 9.64% | 9.64% |
3 Years Returns | 20.04% | 6.28% |
5 Years Returns | 41.77% | 7.23% |
AAA | 100 |