Debt
Direct
Short Duration
NAV as on 04-09-2024
₹ 53.42
Inception Returns
8%
/yr
Kotak Bond Short Term Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Deepak Agrawal, Abhishek Bisen. This fund is suitable to keep your money safe.
Kotak Bond Short Term Fund Direct Growth has given a CAGR return of 8.04% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.21%, 6.02% and 6.93% respectively.
Kotak Bond Short Term Fund Direct Growth has allocated its funds majorly in Financial Services, Government, Corporate, Cash Equivalent, Securitize. Its top holdings are 7.18% Govt Stock 2033, 8.34% Govt Stock 2033, 7.32% Govt Stock 2030, National Bank For Agriculture And Rural Development, 7.1% Govt Stock 2034
As it is a short 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 provide reasonable returns and reasonably high levels of liquidity by investing in debt instruments such as bonds, debentures and Government securities; and money market instruments such as treasury bills, commercial papers, certificates of deposit, 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 realised.
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Kotak Bond Short Term Fund Direct Growth has no lock in period.
Expense ratio | 0.37% |
Benchmark | CRISIL Short Term Bond Fund TR INR |
AUM | ₹15531 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 176.77% |
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 (04-Sep-24)
as on (31-Dec-69)
Top 3 Sectors in July were Financial Services, Government & Corporate
Kotak Bond Short Term Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.7% | 0.7% |
6 Month Returns | 4.39% | 4.39% |
1 Year Returns | 8.21% | 8.21% |
3 Years Returns | 19.17% | 6.02% |
5 Years Returns | 39.77% | 6.93% |
AAA | 100 |