Debt
Direct
Fixed Maturity Intermediate-Term Bond
NAV as on 06-09-2024
₹ 11.61
Inception Returns
9.6%
/yr
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.
Kotak FMP Series 304 Fund Direct Growth has given a CAGR return of 9.57% since inception. Over the last 1 year the fund has given a CAGR return of 9.70%.
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 19032031, Goi Strips 26042031
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.
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 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.
Expense ratio | 0.07% |
Benchmark | NIFTY Long Duration Debt Index TR INR |
AUM | ₹0 Cr |
Inception Date | 3 January, 2023 |
Min Lumpsum/SIP | --/-- |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 9.13% |
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 (06-Sep-24)
as on (31-Dec-69)
Top Sector in July was Government
Kotak FMP Series 304 Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.75% | 0.75% |
6 Month Returns | 5.35% | 5.35% |
1 Year Returns | 9.7% | 9.7% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
AAA | 100 |