Kotak CRISIL IBX AAA Bond Financial Services Index Dec 26 Fd Dir Fund Direct Growth

Kotak CRISIL IBX AAA Bond Financial Services Index Dec 26 Fd Dir Fund Direct Growth is a debt fund. This fund was started on 17 February, 2025. The fund is managed by Abhishek Bisen. This fund is suitable to keep your money safe.

1. Kotak CRISIL IBX AAA Bond Financial Services Index Dec 26 Fd Dir Fund Direct Growth has ₹62 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
2. The fund has an expense ratio 0.1.
   

Kotak CRISIL IBX AAA Bond Financial Services Index Dec 26 Fd Dir Fund Direct Growth has given a CAGR return of 1.96% since inception.

Kotak CRISIL IBX AAA Bond Financial Services Index Dec 26 Fd Dir Fund Direct Growth has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are National Bank For Agriculture And Rural Development, Indian Railway Finance Corporation Limited, Kotak Mahindra Investments Limited, Bajaj Housing Finance Limited, Tata Capital Housing Finance Limited

As it is a index funds - fixed income mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

The investment objective of the scheme is to generate returns that are commensurate (before fees and expenses) with the performance of CRISILIBX AAA Financial Services Index – Dec 2026 which seeks to track the performance of AAA issuers from the financialservices sector maturing near target date of the index. However, there can be 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 CRISIL IBX AAA Bond Financial Services Index Dec 26 Fd Dir Fund Direct Growth has no lock in period.