Kotak Savings Fund Direct Growth

Kotak Savings Fund Direct Growth

NAV as on 31-03-2025

₹ 44.05

0.1%

1D

Inception Returns

7.4%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
344 people have invested ₹ 23L in Kotak Savings Fund Direct Growth in the last three months

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

  1. Kotak Savings Fund Direct Growth has ₹12512 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.4.

Returns

Kotak Savings Fund Direct Growth has given a CAGR return of 7.45% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.68%, 6.93% and 6.04% respectively.

Holdings

Kotak Savings Fund Direct Growth has allocated its funds majorly in Financial Services, Corporate, Cash Equivalent, Consumer Cyclical, Government. Its top holdings are 182 DTB 15052025, Rural Electrification Corporation Limited, Small Industries Development Bank Of India, Indian Bank, Canara Bank

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:
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.

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.

Kotak Savings Fund Direct Growth Overview

Expense ratio0.36%
Benchmark
CRISIL Liquid Fund TR INR
AUM₹12512 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
207.37%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Low to Moderate Risk

Trailing Returns

as on (31-Mar-25)

Period
Kotak Savings Fund Direct Growth
Ultra Short Duration Index
1M
0.8%
0.6%
3M
1.9%
1.6%
6M
3.8%
3.2%
1Y
7.7%
6.6%
3Y
6.9%
6.2%
5Y
6%
5.4%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 99.7%

AAA
90.1%

AA
9.9%

Sector Allocation

Feb'25

Jan'25

Dec'24

Corporate
55.5%
Cash Equivalent
29.4%
Government
15.1%
All changes are between Oct'69 and Dec'69
Parameters
Feb'25
Jan'25
Dec'24
AUM
₹ 12.7K Cr
₹ 13.2K Cr
₹ 14K Cr
  • AUM of the fund stands at 12.7K Cr as of Feb'25
  • AUM decreased by 424.3 Cr between Feb'25 and Jan'25
Top Stocks bought last month
Axis Bank Ltd.'s allocation increased from 1.11% to 2.44%
Axis Bank Ltd.'s allocation increased from 1.11% to 2.44%
LIC Housing Finance Ltd's allocation increased from 1.31% to 2.14%
LIC Housing Finance Ltd's allocation increased from 1.31% to 2.14%
Bharti Telecom Limited's allocation increased from 0.37% to 1.08%
Bharti Telecom Limited's allocation increased from 0.37% to 1.08%
Top Stocks sold last month
Mankind Pharma Ltd's allocation decreased from 2.26 % to 2.16 %
Mankind Pharma Ltd's allocation decreased from 2.26 % to 2.16 %
Nirma Limited 0.083%'s allocation decreased from 1.88 % to 1.79 %
Nirma Limited 0.083%'s allocation decreased from 1.88 % to 1.79 %
Bharti Telecom Limited's allocation decreased from 5.26 % to 1.62 %
Bharti Telecom Limited's allocation decreased from 5.26 % to 1.62 %
Cash allocation has gone up from 65.3% to 65.4%
Cash allocation has gone up from 65.3% to 65.4%
Debt allocation has gone down from 34.4% to 34.3%
Debt allocation has gone down from 34.4% to 34.3%

Top 3 Sectors in February were Financial Services, Corporate & Consumer Cyclical

Feb'25
Financial Services
78%
Corporate
55%
Consumer Cyclical
22%
Jan'25
Financial Services
78%
Corporate
45%
Consumer Cyclical
22%
  • Debt & Cash

Holdings
Weight%
1M Change
182 DTB 15052025
182 DTB 15052025
3.95%
0%
Small Industries Development Bank Of India
Small Industries Development Bank Of India
3.79%
0%
Rural Electrification Corporation Limited
Rural Electrification Corporation Limited
3.79%
0%
Indian Bank
Indian Bank
3.75%
0%
Canara Bank
Canara Bank
3.74%
0%
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Deepak Agrawal
Deepak Agrawal
Fund Manager of Kotak Savings Fund Direct Growth, since 15 April 2008
Fund House
Kotak Mahindra Asset Management Co Ltd
Total Schemes
Total AUM
₹4.8L Cr
as on 28-Feb-2025
Address
Kotak Mahindra Asset management Company Limited,2nd Floor, 12-BKC, Plot No C-12,G Block, BKC, Bandra (East),Mumbai - 400 051
Phone
91-22-40930000
Website
fundaccops@kotakmutual.com

Mutual Fund Insights

Insights icon
In the last 3 years, Nippon India Ultra Short Duration Fund Direct Growth Option has given 7.26% return, outperforming this fund by 0.33% per annum.
Insights icon
This fund has one of the lowest expense ratio in the category (ultra short duration). Its expense ratio is 0.36% which is lower than the category average expense ratio of 0.56%.
Insights icon
In the last 1 year, Nippon India Ultra Short Duration Fund Direct Growth Option has given 8% return, outperforming this fund by 0.33%.
Insights icon
Over the last 3 months, this fund has experienced a 9.9% drop in AUM moving from 13.88K Cr to 12.51K Cr.
Insights icon
Over the last 1 month, this fund has decreased expense ratio by 2.7% moving from 0.37 to 0.36.
Insights icon
In the last 5 years, Nippon India Ultra Short Duration Fund Direct Growth Option has given 7.23% return, outperforming this fund by 1.18% per annum.

Kotak Savings Fund Direct Growth Highlights

Risk meter
pointer

Low to Moderate Risk

Investors understand that their principal will be at Low to Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 7.45% since inception which is less than its category average return of 7.81%
AUM size ₹12512 Cr

AUM size ₹12512 Cr

This fund has AUM of ₹12512 Cr which is more than its category average of ₹ 3933 Cr
Expense Ratio 0.36%

Expense Ratio 0.36%

This fund has an expense ratio of 0.36% which is less than its category average expense ratio of 0.62%

More funds from Kotak

Kotak Nifty SDL Jul 2033 Index Fund Direct Growth

Kotak Nifty SDL Jul 2033 Index Fund Direct Growth

1Y CAGR

▲ 10.10

Kotak Nifty G-Sec July 2033 Index Fund Direct Growth

Kotak Nifty G-Sec July 2033 Index Fund Direct Growth

1Y CAGR

▲ 9.85

Kotak Long Duration Fund Direct Growth

Kotak Long Duration Fund Direct Growth

1Y CAGR

▲ 9.75

Kotak Gilt-Investment Fund Provident Fund and Trust - Growth - Direct

Kotak Gilt-Investment Fund Provident Fund and Trust - Growth - Direct

5Y CAGR

▲ 7.35

Kotak Gilt-Investment Fund Growth - Direct

Kotak Gilt-Investment Fund Growth - Direct

5Y CAGR

▲ 7.35

Frequently Asked Questions for Kotak Savings Fund Direct Growth

The current NAV of Kotak Savings Fund Direct Growth is ₹44.05 as on 31-Mar-2025.
Existing (Absolute + CAGR) as on 31-Mar-2025.
Kotak Savings Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.82%
0.82%
6 Month Returns
3.79%
3.79%
1 Year Returns
7.68%
7.68%
3 Years Returns
22.26%
6.93%
5 Years Returns
34.08%
6.04%
With INDmoney, the process of investing is very simple and involves zero commission.
  • 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.
0.36% as on March 2025
₹12512 Cr as on March 2025
182 DTB 15052025(3.95%), Rural Electrification Corporation Limited(3.79%), Small Industries Development Bank Of India(3.79%), Indian Bank(3.75%), Canara Bank(3.74%) as on March 2025
Corporate(59.24%), Cash Equivalent(24.28%), Government(16.47%) as on March 2025
Yield to Maturity is 7.63 as on March 2025. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 0.48 as on March 2025. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
90.09
AA
9.91
Deepak Agrawal is the fund manager of Kotak Savings Fund Direct Growth
The Exit load of Kotak Savings Fund Direct Growth is 0%