Kotak Savings Fund Direct Growth
Debt
Direct
Ultra Short Duration
NAV as on 20-12-2024
₹ 43.12
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 ₹13886 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 7.43% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.71%, 6.60% and 5.95% 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, Small Industries Development Bank Of India, 364 Days T - Bill- 06/02/2025, National Bank for Agriculture and Rural Development, Punjab National 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: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 | 0.37% |
Benchmark | CRISIL Liquid Fund TR INR |
| AUM | ₹13886 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹100/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 207.37% |
| 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 |   Low to Moderate Risk |
Trailing Returns
as on (20-Dec-24)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 13.3K Cr as of Nov'24
- AUM increased by 827.7 Cr between Nov'24 and Oct'24
Top 3 Sectors in November were Financial Services, Corporate & Consumer Cyclical
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 182 DTB 15052025 | 3.51% | 0% | |
Small Industries Development Bank Of India | 3.35% | 0% | |
364 Days T - Bill- 06/02/2025 | 2.85% | 0% | |
National Bank for Agriculture and Rural Development | 2.83% | 100% | |
Punjab National Bank | 2.66% | 100% |
Mutual Fund Insights
Kotak Savings Fund Direct Growth Highlights
Low to Moderate Risk
About the fund
AUM size ₹13886 Cr
Expense Ratio 0.37%
Frequently Asked Questions for Kotak Savings Fund Direct Growth
Kotak Savings Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.57% | 0.57% |
6 Month Returns | 3.69% | 3.69% |
1 Year Returns | 7.71% | 7.71% |
3 Years Returns | 21.12% | 6.6% |
5 Years Returns | 33.52% | 5.95% |
- 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 | 89.63 |
AA | 10.37 |