Kotak Dynamic Bond Fund Direct Growth
Debt
Direct
Dynamic Bond
NAV as on 05-09-2024
₹ 38.36
▲0.2%
1D
Inception Returns
8.9%
/yr
About the Fund
Kotak Dynamic Bond Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Abhishek Bisen, Deepak Agrawal. This fund is suitable to keep your money safe.
Key Parameters
- Kotak Dynamic Bond Fund Direct Growth has ₹2653 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.6.
Returns
Kotak Dynamic Bond Fund Direct Growth has given a CAGR return of 8.89% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 10.51%, 6.70% and 7.49% respectively.
Holdings
Kotak Dynamic Bond Fund Direct Growth has allocated its funds majorly in Real Estate, Government, Corporate, Cash Equivalent. Its top holdings are 7.3% Govt Stock 2053, 7.1% Govt Stock 2034, 7.25% Govt Stock 2063, Muthoot Finance Limited, 7.18% Govt Stock 2037
Taxation
As it is a dynamic 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.
Investment objective of Kotak Dynamic Bond Fund Direct Growth
The investment objective of the Scheme is to maximise returns through an active management of a portfolio of debt and money market securities. There is no assurance or guarantee 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 Dynamic Bond Fund Direct Growth has no lock in period.
Historical NAV & Returns
Fund Overview
| Expense ratio | 0.56% |
Benchmark | CRISIL Composite Bond Fund TR INR |
| AUM | ₹2653 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹100/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 479.57% |
| STCG | Selling within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at 12.5% without indexation. |
| Risk |   Moderately High risk |
Trailing Returns
as on (05-Sep-24)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 2.6K Cr as of Jul'24
- AUM increased by 39.1 Cr between Jul'24 and Jun'24
Top 3 Sectors in July were Real Estate, Government & Corporate
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.3% Govt Stock 2053 | 38.81% | 0% | |
7.1% Govt Stock 2034 | 13.21% | 47.9% | |
7.25% Govt Stock 2063 | 8.71% | 0% | |
Muthoot Finance Limited | 5.69% | 0% | |
7.18% Govt Stock 2037 | 5.01% | 0% |
Mutual Fund Insights
Kotak Dynamic Bond Fund Direct Growth Highlights
Moderately High risk
About the fund
Fund Allocations
AUM size ₹0 Cr
Expense Ratio 0.56%
Frequently Asked Questions
Kotak Dynamic Bond Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.41% | 1.41% |
6 Month Returns | 5.12% | 5.12% |
1 Year Returns | 10.51% | 10.51% |
3 Years Returns | 21.49% | 6.7% |
5 Years Returns | 43.51% | 7.49% |
- 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 | 89.55 |
AA | 10.45 |