Kotak Equity Hybrid Payout of Income Distribution cum Cap Wdrl Fund Direct Growth

Kotak Equity Hybrid Payout of Income Distribution cum Cap Wdrl Fund Direct Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Abhishek Bisen, Atul Bhole. This fund gives you the benefit of diversification.

1. Kotak Equity Hybrid Payout of Income Distribution cum Cap Wdrl Fund Direct Growth has ₹6606 Cr worth of assets under management (AUM) as on Nov 2024 and is more than category average.
2. The fund has an expense ratio 0.5.
   

Kotak Equity Hybrid Payout of Income Distribution cum Cap Wdrl Fund Direct Growth has given a CAGR return of 14.98% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 26.11%, 18.21% and 19.93% respectively.

Kotak Equity Hybrid Payout of Income Distribution cum Cap Wdrl Fund Direct Growth has allocated its funds majorly in Government, Financial Services, Tech, Corporate, Basic Materials, Industrial, Cash Equivalent, Health, Consumer Cyclical, Communication, Consumer Defensive, Utilities, Energy, Real Estate.

As it is a aggressive allocation mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of the scheme is to achieve growth by investing in equity and equity related instruments, balanced with income generation by investing in debt and money market instruments. However, there is no assurance that the objective of the scheme will be realized.

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 1000.00. Kotak Equity Hybrid Payout of Income Distribution cum Cap Wdrl Fund Direct Growth has no lock in period.