As on 07 Nov 2024
Kotak Banking and PSU Debt Direct - Growth
DebtNAV
₹ 64.45
CAGR (3 Years)
6.39%
AUM (Cr)
₹ 5,697.15
Risk
Moderate Risk
About Kotak Banking and PSU Debt Direct - Growth
To generate income by predominantly investing in debt & money market securities issued by Banks & PSUs and Reverse repos in such securities, sovereign securities issued by the Central Government and State Governments, and / or any security unconditionally guaranteed by the Govt. of India.
Breakdown of this Fund
Debt Others
101.16%
Govt. Securities
112.03%
Market Capitalization
Expense Ratio, Exit Load and Tax
Expense Ratio
0.08
Exit Load
Nil
Stamp Duty
0.005% (from July 1st, 2020)
Tax Implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.