Kotak FMP Series 304 Fund Direct Growth
Debt
Direct
Fixed Maturity Intermediate-Term Bond
NAV as on 06-01-2025
₹ 11.92
▲0.1%
1D
Inception Returns
9.3%
/yr
About Kotak FMP Series 304 Fund Direct Growth
Kotak FMP Series 304 Fund Direct Growth is a debt fund. This fund was started on 3 January, 2023. The fund is managed by Deepak Agrawal. This fund is suitable to keep your money safe.
Key Parameters
- Kotak FMP Series 304 Fund Direct Growth has ₹109 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.1.
Returns
Kotak FMP Series 304 Fund Direct Growth has given a CAGR return of 9.31% since inception. Over the last 1 year the fund has given a CAGR return of 10.33%.
Holdings
Kotak FMP Series 304 Fund Direct Growth has allocated its funds majorly in Government, Cash Equivalent. Its top holdings are GS CG 15/06/2031 - (STRIPS) Strips, GS CG 22/2/2031 - (STRIPS) Strips, Goi Strips 22/04/2031, Goi Strips 26042031
Taxation
As it is a fixed maturity intermediate-term 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 FMP Series 304 Fund Direct Growth
The Scheme endeavors to provide regular income and capital growth with limited interest rate risk to the investors through investments in a portfolio comprising of debt instruments maturing on or before the maturity of the Scheme. There is no assurance that the investment objective of the Scheme will be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 0.00. Kotak FMP Series 304 Fund Direct Growth has no lock in period.
Historical NAV & Returns
Kotak FMP Series 304 Fund Direct Growth Overview
| Expense ratio | 0.07% |
Benchmark | NIFTY Long Duration Debt Index TR INR |
| AUM | ₹109 Cr |
| Inception Date | 3 January, 2023 |
| Min Lumpsum/SIP | --/-- |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 9.13% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Moderate Risk |
Trailing Returns
as on (06-Jan-25)
Fund Distribution
as on (31-Dec-69)
Top Sector in November was Government
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 GS CG 15/06/2031 - (STRIPS) Strips | 59.55% | 0% | |
GS CG 22/2/2031 - (STRIPS) Strips | 18.26% | 0% | |
Goi Strips 22/04/2031 | 15.03% | 0% | |
Goi Strips 26042031 | 4.74% | 0% |
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
Kotak FMP Series 304 Fund Direct Growth | 10.33% | - | - | 9.31% |
 SBI Fixed Maturity Plan Series 42 1857 Days Direct Growth | 7.95% | 6.01% | - | 6.06% |
SBI Fixed Maturity Plan Series 41 1498 Days Direct Growth | 7.46% | 5.65% | - | 5.83% |
Kotak FMP Series 304 Fund Direct Growth Highlights
Moderate Risk
About the fund
AUM size ₹109 Cr
Expense Ratio 0.07%
Frequently Asked Questions for Kotak FMP Series 304 Fund Direct Growth
Kotak FMP Series 304 Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.35% | 0.35% |
6 Month Returns | 4.82% | 4.82% |
1 Year Returns | 10.33% | 10.33% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- 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 | 100 |