Debt
Direct
Medium Duration
NAV as on 04-09-2024
₹ 23.39
Inception Returns
8.4%
/yr
Kotak Medium Term Fund Direct Growth is a debt fund. This fund was started on 25 March, 2014. The fund is managed by Deepak Agrawal. This fund is suitable to keep your money safe.
Kotak Medium Term Fund Direct Growth has given a CAGR return of 8.43% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.82%, 6.67% and 7.44% respectively.
Kotak Medium Term Fund Direct Growth has allocated its funds majorly in Real Estate, Corporate, Government, Cash Equivalent. Its top holdings are 7.18% Govt Stock 2033, 7.1% Govt Stock 2034, TATA Steel Limited, HDFC Bank Limited, India Grid Trust 0.0788%
As it is a medium 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 investment objective of the scheme is to generate regular income and capital appreciation by investing in a portfolio of medium term debt and money market instruments. 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 Medium Term Fund Direct Growth has no lock in period.
Expense ratio | 0.66% |
Benchmark | CRISIL Short Term Bond Fund TR INR |
AUM | ₹1709 Cr |
Inception Date | 25 March, 2014 |
Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 164.62% |
STCG | Selling within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at 12.5% without indexation. |
Risk | Moderately High risk |
as on (04-Sep-24)
as on (31-Dec-69)
Top 3 Sectors in July were Real Estate, Corporate & Government
Kotak Medium Term Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.87% | 0.87% |
6 Month Returns | 4.66% | 4.66% |
1 Year Returns | 9.82% | 9.82% |
3 Years Returns | 21.38% | 6.67% |
5 Years Returns | 43.19% | 7.44% |
AAA | 51.42 |
AA | 40.41 |
A | 8.17 |