Kotak Gilt Investment Fund Direct Growth

Kotak Gilt Investment Fund Direct Growth

NAV as on 28-03-2025

₹ 108.29

0.3%

1D

Inception Returns

8.5%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
99 people have invested ₹ 51.7L in Kotak Gilt Investment Fund Direct Growth in the last three months

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

  1. Kotak Gilt Investment Fund Direct Growth has ₹3902 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.5.

Returns

Kotak Gilt Investment Fund Direct Growth has given a CAGR return of 8.50% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.63%, 8.07% and 7.42% 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, 7.34% Govt Stock 2064, 7.09% Govt Stock 2054, 6.8% Govt Stock 2060, 6.79% Government Of India (07/10/2034)

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:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
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.

Kotak Gilt Investment Fund Direct Growth Overview

Expense ratio0.47%
Benchmark
ICICI Securities Mibex TR INR
AUM₹3902 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
230.73%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Low to Moderate Risk

Trailing Returns

as on (28-Mar-25)

Period
Kotak Gilt Investment Fund Direct Growth
Government Bond Index
1M
3%
1.4%
3M
3.2%
2.2%
6M
3.5%
2.8%
1Y
9.6%
8%
3Y
8.1%
6.6%
5Y
7.4%
6%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 100%

AAA
100%

Sector Allocation

Feb'25

Jan'25

Dec'24

Government
98.4%
Cash Equivalent
1.6%
All changes are between Oct'69 and Dec'69
Parameters
Feb'25
Jan'25
Dec'24
AUM
₹ 4.1K Cr
₹ 4.1K Cr
₹ 4.4K Cr
  • AUM of the fund stands at 4.1K Cr as of Feb'25
  • AUM decreased by 39.2 Cr between Feb'25 and Jan'25
Cash allocation has gone down from 1.8% to 1.6%
Cash allocation has gone down from 1.8% to 1.6%
Debt allocation has gone up from 98.2% to 98.4%
Debt allocation has gone up from 98.2% to 98.4%

Top Sector in February was Government

Feb'25
Government
98%
Jan'25
Government
98%
  • Debt & Cash

Holdings
Weight%
1M Change
7.3% Govt Stock 2053
7.3% Govt Stock 2053
39.76%
-3.2%
7.34% Govt Stock 2064
7.34% Govt Stock 2064
23.83%
-8.2%
7.09% Govt Stock 2054
7.09% Govt Stock 2054
16.41%
0%
6.8% Govt Stock 2060
6.8% Govt Stock 2060
5.2%
0%
6.79% Government Of India (07/10/2034)
6.79% Government Of India (07/10/2034)
3.74%
80%
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Abhishek Bisen
Abhishek Bisen
Fund Manager of Kotak Gilt Investment Fund Direct Growth, since 15 April 2008
Fund House
Kotak Mahindra Asset Management Co Ltd
Total Schemes
Total AUM
₹4.8L Cr
as on 28-Feb-2025
Address
Kotak Mahindra Asset management Company Limited,2nd Floor, 12-BKC, Plot No C-12,G Block, BKC, Bandra (East),Mumbai - 400 051
Phone
91-22-40930000
Website
fundaccops@kotakmutual.com

Mutual Fund Insights

Insights icon
In the last 1 year, Axis Gilt Fund Direct Plan Growth Option has given 10.17% return, outperforming this fund by 0.54%.
Insights icon
Over the last 3 months, this fund has experienced a 12.6% drop in AUM moving from 4.46K Cr to 3.90K Cr.
Insights icon
In the last 5 years, ICICI Prudential Gilt Fund Direct Plan Growth has given 7.64% return, outperforming this fund by 0.22% per annum.
Insights icon
In the last 3 years, ICICI Prudential Gilt Fund Direct Plan Growth has given 8.35% return, outperforming this fund by 0.27% per annum.
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Over the last 15 months, this fund has increased expense ratio by 9.3% moving from 0.43 to 0.47.
Insights icon
This fund has one of the lowest expense ratio in the category (government bond). Its expense ratio is 0.47% which is lower than the category average expense ratio of 0.8%.

Kotak Gilt Investment Fund Direct Growth Highlights

Risk meter
pointer

Low to Moderate Risk

Investors understand that their principal will be at Low to Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 8.5% since inception which is more than its category average return of 6.86%
AUM size ₹3902 Cr

AUM size ₹3902 Cr

This fund has AUM of ₹3902 Cr which is more than its category average of ₹ 2210 Cr
Expense Ratio 0.47%

Expense Ratio 0.47%

This fund has an expense ratio of 0.47% which is less than its category average expense ratio of 0.85%

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▲ 7.57

Frequently Asked Questions for Kotak Gilt Investment Fund Direct Growth

The current NAV of Kotak Gilt Investment Fund Direct Growth is ₹108.29 as on 28-Mar-2025.
Existing (Absolute + CAGR) as on 28-Mar-2025.
Kotak Gilt Investment Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
2.96%
2.96%
6 Month Returns
3.49%
3.49%
1 Year Returns
9.63%
9.63%
3 Years Returns
26.23%
8.07%
5 Years Returns
43%
7.42%
With INDmoney, the process of investing is very simple and involves zero commission.
  • 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.
0.47% as on March 2025
₹3902 Cr as on March 2025
7.3% Govt Stock 2053(39.76%), 7.34% Govt Stock 2064(23.83%), 7.09% Govt Stock 2054(16.41%), 6.8% Govt Stock 2060(5.2%), 6.79% Government Of India (07/10/2034)(3.74%) as on March 2025
Yield to Maturity is 7.21 as on March 2025. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 11.53 as on March 2025. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Abhishek Bisen is the fund manager of Kotak Gilt Investment Fund Direct Growth
The Exit load of Kotak Gilt Investment Fund Direct Growth is 0%