Debt
Direct
Low Duration
NAV as on 06-09-2024
₹ 3408.96
Inception Returns
7.9%
/yr
Kotak Low Duration 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 Low Duration Fund Direct Growth has given a CAGR return of 7.95% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.74%, 6.25% and 6.70% respectively.
Kotak Low Duration Fund Direct Growth has allocated its funds majorly in Corporate, Government, Cash Equivalent, Securitize. Its top holdings are 8.34% Govt Stock 2033, HDFC Bank Limited, Small Industries Development Bank Of India, 7.32% Govt Stock 2030, National Bank For Agriculture And Rural Development
As it is a low duration 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 primary objective of the Scheme is to generate income through investment primarily in low duration debt & money market securities. There is no assurance or guarantee that the investment objective of the scheme will be achieved
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Kotak Low Duration Fund Direct Growth has no lock in period.
Expense ratio | 0.42% |
Benchmark | CRISIL Liquid Fund TR INR |
AUM | ₹9391 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 204.01% |
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 (06-Sep-24)
as on (31-Dec-69)
Top 3 Sectors in July were Corporate, Government & Securitize
Kotak Low Duration Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.59% | 0.59% |
6 Month Returns | 4.06% | 4.06% |
1 Year Returns | 7.74% | 7.74% |
3 Years Returns | 19.95% | 6.25% |
5 Years Returns | 38.27% | 6.7% |
AAA | 90.29 |
AA | 9.71 |