Debt
Direct
Corporate Bond
NAV as on 04-09-2024
₹ 3665.69
▲0.1%
1D
Inception Returns
8%
/yr
Kotak Corporate Bond Fund Direct Growth is a debt fund. This fund was started on 14 January, 2013. The fund is managed by Deepak Agrawal. This fund is suitable to keep your money safe.
Kotak Corporate Bond Fund Direct Growth has given a CAGR return of 8.01% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.21%, 6.06% and 6.77% respectively.
Kotak Corporate Bond Fund Direct Growth has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are 7.18% Govt Stock 2033, 7.1% Govt Stock 2034, National Bank For Agriculture And Rural Development, Jamnagar Utilities & Power Private Limited, LIC Housing Finance Limited
As it is a corporate bond 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 generate income by investing in debt /and money market securities across the yield curve and predominantly in AA+ and above rated corporate securities. The scheme would also seek to maintain reasonable liquidity within the fund.There is no assurance or guarantee 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 Corporate Bond Fund Direct Growth has no lock in period.
Expense ratio | 0.34% |
Benchmark | CRISIL Short Term Bond Fund TR INR |
AUM | ₹13117 Cr |
Inception Date | 14 January, 2013 |
Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 192.38% |
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 2 Sectors in July were Corporate, Government
Kotak Corporate Bond Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.73% | 0.73% |
6 Month Returns | 4.38% | 4.38% |
1 Year Returns | 8.21% | 8.21% |
3 Years Returns | 19.32% | 6.06% |
5 Years Returns | 38.72% | 6.77% |
AAA | 100 |