NAV as on 28-03-2025
₹ 4443.02
▲0.2%
1D
Inception Returns
7.3%
/yr
Kotak Money Market 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 Money Market Fund Direct Growth has given a CAGR return of 7.27% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.84%, 7.08% and 6.08% respectively.
Kotak Money Market Fund Direct Growth has allocated its funds majorly in Financial Services, Corporate, Consumer Cyclical, Cash Equivalent, Government, Tech. Its top holdings are HDFC Bank Limited, Small Industries Development Bank Of India, Axis Bank Limited, Indian Bank, Union Bank Of India
As it is a money market 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.
The investment objective of the Scheme is to generate returns by investing in money market instruments having maturity upto 1 year.There is no assurance that the investment objective of the Scheme will be realised.
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Kotak Money Market Fund Direct Growth has no lock in period.
Expense ratio | 0.24% |
Benchmark | CRISIL Liquid Fund TR INR |
AUM | ₹27152 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 211.8% |
STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
Risk | Moderate Risk |
as on (28-Mar-25)
as on (31-Dec-69)
Top 3 Sectors in February were Financial Services, Corporate & Consumer Cyclical
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Kotak Money Market Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.82% | 0.82% |
6 Month Returns | 3.95% | 3.95% |
1 Year Returns | 7.84% | 7.84% |
3 Years Returns | 22.79% | 7.08% |
5 Years Returns | 34.3% | 6.08% |
AAA | 100 |