Debt
Direct
Liquid
NAV as on 04-09-2024
₹ 5030.69
Inception Returns
6.8%
/yr
Kotak Liquid Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Deepak Agrawal. This fund is suitable to keep your money safe.
Kotak Liquid Fund Direct Growth has given a CAGR return of 6.81% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.41%, 6.04% and 5.26% respectively.
Kotak Liquid Fund Direct Growth has allocated its funds majorly in Financial Services, Cash Equivalent, Corporate, Government. Its top holdings are 6.18% Govt Stock 2024, Bank Of Baroda, 91 DTB 15112024, 91 DTB 24102024, Small Industries Development Bank Of India
As it is a liquid 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 investment objective of the Scheme is to provide reasonable returns and high level of liquidity by investing in debt instruments such as bonds, debentures and Government Securities; and money market instruments such as treasury bills, commercial paper, certificate of deposit, including repos in permitted securities of different maturities, so as to spread the risk across different kinds of issuers in the debt markets. The Scheme may invest in call money/term money market in terms of RBI guidelines in this respect. Subject to the maximum amount permitted from time to time, the Scheme may invest in offshore securities in the manner allowed by SEBI/RBI, provided such investments are in conformity with the investment objective of the Scheme and the prevailing guidelines and Regulations. To reduce the risk of the portfolio, the Scheme may also use various derivative and hedging products from time to time, in the manner permitted by SEBI.
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 0.00. Kotak Liquid Fund Direct Growth has no lock in period.
Expense ratio | 0.2% |
Benchmark | CRISIL Liquid Fund TR INR |
AUM | ₹43235 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹100/-- |
Exit Load | 0.0% |
Lock In | No Lock-in |
TurnOver | 496.65% |
STCG | Selling within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at 12.5% without indexation. |
Risk | Low to Moderate Risk |
as on (04-Sep-24)
as on (31-Dec-69)
Top 3 Sectors in July were Financial Services, Corporate & Government
Kotak Liquid Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.6% | 0.6% |
6 Month Returns | 3.7% | 3.7% |
1 Year Returns | 7.41% | 7.41% |
3 Years Returns | 19.23% | 6.04% |
5 Years Returns | 29.22% | 5.26% |
AAA | 100 |