Kotak Savings Fund Direct Growth
Debt
Direct
Ultra Short Duration
NAV as on 19-11-2024
₹ 42.88
Inception Returns
7.4%
/yr
About Kotak Savings Fund Direct Growth
Kotak Savings 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.
Key Parameters
- Kotak Savings Fund Direct Growth has ₹12502 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.4.
Returns
Kotak Savings Fund Direct Growth has given a CAGR return of 7.44% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.71%, 6.49% and 5.93% respectively.
Holdings
Kotak Savings Fund Direct Growth has allocated its funds majorly in Financial Services, Cash Equivalent, Corporate, Consumer Cyclical, Government. Its top holdings are 182 DTB 12122024, 364 Days T - Bill- 06/02/2025, INDIA UNIVERSAL TRUST AL1, Mankind Pharma Ltd, LIC Housing Finance Ltd
Taxation
As it is a ultra short 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.
Investment objective of Kotak Savings Fund Direct Growth
The investment objective of the Scheme is to generate returns through investments in debt and money market instruments with a view to reduce the interest rate risk. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Kotak Savings Fund Direct Growth has no lock in period.
Historical NAV & Returns
Kotak Savings Fund Direct Growth Overview
| Expense ratio | 0.36% |
Benchmark | CRISIL Liquid Fund TR INR |
| AUM | ₹12502 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹100/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 207.37% |
| STCG | Selling within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Low to Moderate Risk |
Trailing Returns
as on (19-Nov-24)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 12.5K Cr as of Oct'24
- AUM decreased by 826.9 Cr between Oct'24 and Sep'24
Top 3 Sectors in October were Financial Services, Corporate & Consumer Cyclical
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 182 DTB 12122024 | 3.97% | 0% | |
364 Days T - Bill- 06/02/2025 | 3.14% | 0% | |
INDIA UNIVERSAL TRUST AL1 | 2.94% | 0% | |
Mankind Pharma Ltd | 2.41% | 0% | |
LIC Housing Finance Ltd | 2.38% | 0% |
Mutual Fund Insights
Kotak Savings Fund Direct Growth Highlights
Low to Moderate Risk
About the fund
AUM size ₹12502 Cr
Expense Ratio 0.36%
Frequently Asked Questions for Kotak Savings Fund Direct Growth
Kotak Savings Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.64% | 0.64% |
6 Month Returns | 3.81% | 3.81% |
1 Year Returns | 7.71% | 7.71% |
3 Years Returns | 20.77% | 6.49% |
5 Years Returns | 33.4% | 5.93% |
- 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.
AAA | 89.8 |
AA | 10.2 |