Kotak Gilt Investment Fund Direct Growth
Debt
Direct
Government Bond
NAV as on 22-11-2024
₹ 104.1
1D
Inception Returns
8.4%
/yr
About Kotak Gilt Investment Fund Direct Growth
Kotak Gilt Investment Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Abhishek Bisen. This fund is suitable to keep your money safe.
Key Parameters
- Kotak Gilt Investment Fund Direct Growth has ₹4128 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.5.
Returns
Kotak Gilt Investment Fund Direct Growth has given a CAGR return of 8.40% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.75%, 6.64% and 7.63% respectively.
Holdings
Kotak Gilt Investment Fund Direct Growth has allocated its funds majorly in Government, Cash Equivalent. Its top holdings are 7.3% Govt Stock 2053, 7.25% Govt Stock 2063, 7.34% Govt Stock 2064, 7.32% Govt Stock 2030, 7.23% Govt Stock 2039
Taxation
As it is a government 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 Gilt Investment Fund Direct Growth
The objective of the Plan is to generate risk-free returns through investments in sovereign securities issued by the Central Government and/or State Government(s) and/or any security unconditionally guaranteed by the Government of India, and/or reverse repos in such securities as and when permitted by RBI. A portion of the fund may be invested in Reverse repo, CBLO and/or other similar instruments as may be notified to meet the day-to-day liquidity requirements of the Plan. To ensure total safety of Unit holders' funds, the Plan does not invest in any other securities such as shares, debentures or bonds issued by any other entity. The Fund will seek to underwrite issuance of Government Securities if and to the extent permitted by SEBI/ RBI and subject to the prevailing rules and regulations specified in this respect and may also participate in their auction from time to time.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Kotak Gilt Investment Fund Direct Growth has no lock in period.
Historical NAV & Returns
Kotak Gilt Investment Fund Direct Growth Overview
| Expense ratio | 0.47% |
Benchmark | ICICI Securities Mibex TR INR |
| AUM | ₹4128 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹100/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 230.73% |
| STCG | Selling within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Low to Moderate Risk |
Trailing Returns
as on (22-Nov-24)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 4.1K Cr as of Oct'24
- AUM increased by 104.9 Cr between Oct'24 and Sep'24
Top Sector in October was Government
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.3% Govt Stock 2053 | 25.92% | 8.4% | |
7.25% Govt Stock 2063 | 19.37% | 0% | |
7.34% Govt Stock 2064 | 9.33% | -51.2% | |
7.32% Govt Stock 2030 | 7.19% | 0% | |
7.23% Govt Stock 2039 | 6.97% | 0% |
Mutual Fund Insights
Kotak Gilt Investment Fund Direct Growth Highlights
Low to Moderate Risk
About the fund
AUM size ₹4128 Cr
Expense Ratio 0.47%
Frequently Asked Questions for Kotak Gilt Investment Fund Direct Growth
Kotak Gilt Investment Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -0.25% | -0.25% |
6 Month Returns | 4.7% | 4.7% |
1 Year Returns | 9.75% | 9.75% |
3 Years Returns | 21.27% | 6.64% |
5 Years Returns | 44.41% | 7.63% |
- 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 |