Kotak Mahindra Asset Management Company Lt

Kotak Money Market Fund - (Growth) - Direct

As on 17 Sept 2024

Kotak Money Market Fund - (Growth) - Direct

Q: What kind of returns does Kotak Money Market Fund - (Growth) - Direct provide?

Kotak Money Market Fund - (Growth) - Direct aims to generate capital appreciation by investing mainly in public sector undertakings (PSUs). Historically, its returns have often shown moderate to high growth rate depending on market conditions. Kotak Money Market Fund - (Growth) - Direct had a return of 7.74% over the past 1 year.

Q: How much expense ratio is charged by Kotak Money Market Fund - (Growth) - Direct?

The expense ratio for Kotak Money Market Fund - (Growth) - Direct, or any other mutual fund, is the yearly fee you pay for managing your investments. As of 17 Sept 2024, the expense ratio charged by Kotak Money Market Fund - (Growth) - Direct is typically around 0.15 %. This fee covers fund management, administrative, and other operational costs. It is relatively low compared to actively managed funds, reflecting its direct growth option.

Q: What is the AUM of Kotak Money Market Fund - (Growth) - Direct?

As of 17 Sept 2024, the Assets Under Management (AUM) of Kotak Money Market Fund - (Growth) - Direct is approximately ₹28234.8547 crore. The AUM can fluctuate based on market conditions and investor activity. It indicates the total value of assets managed by the fund.

Q: What is the NAV of Kotak Money Market Fund - (Growth) - Direct?

The Net Asset Value (NAV) of Kotak Money Market Fund - (Growth) - Direct is updated daily and reflects the per-unit value of the fund's assets. As of 17 Sept 2024 , the NAV is around undefined per unit, but this value might change based on market performance and fund holdings.

Q: What is the PE and PB ratio of Kotak Money Market Fund - (Growth) - Direct?

The PE ratio for Kotak Money Market Fund - (Growth) - Direct is 0 and the PB ratio is 0. The PE ratio is calculated by dividing the market price by the earnings per share, whereas the PB ratio is calculated by dividing the stock price by the book value per share.

Q: What is the exit load of Kotak Money Market Fund - (Growth) - Direct?

The exit load for Kotak Money Market Fund - (Growth) - Direct is 0% if units are redeemed within 30 days from the date of investment. After this period, no exit load is applicable. This fee is charged to discourage short-term trading and ensure long-term investment.

Debt

NAV

₹ 4265.31

CAGR (3 Years)

6.35%

AUM (Cr)

₹ 28,234.85

Risk

Moderate Risk

About Kotak Money Market Fund - (Growth) - Direct

To reduce the interest rate risk associated with investments in fixed rate instruments by investing predominantly in floating rate securities, money market securities and using appropriate derivatives

Breakdown of this Fund

Debt Others

67.98%

Govt. Securities

22.62%

T Bills

37.62%

Market Capitalization

Expense Ratio, Exit Load and Tax

Expense Ratio

0.15

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.

Kotak Money Market Fund - (Growth) - Direct

About Kotak Money Market Fund - (Growth) - Direct

Breakdown of this Fund

Market Capitalization

Expense Ratio, Exit Load and Tax

Get your FAQs right

What kind of returns does Kotak Money Market Fund - (Growth) - Direct provide?

How much expense ratio is charged by Kotak Money Market Fund - (Growth) - Direct?

What is the AUM of Kotak Money Market Fund - (Growth) - Direct?

As of 17 Sept 2024, the Assets Under Management (AUM) of Kotak Money Market Fund - (Growth) - Direct is approximately ₹28234.8547 crore. The AUM can fluctuate based on market conditions and investor activity. It indicates the total value of assets managed by the fund.

What is the NAV of Kotak Money Market Fund - (Growth) - Direct?

The Net Asset Value (NAV) of Kotak Money Market Fund - (Growth) - Direct is updated daily and reflects the per-unit value of the fund's assets. As of 17 Sept 2024 , the NAV is around undefined per unit, but this value might change based on market performance and fund holdings.

What is the PE and PB ratio of Kotak Money Market Fund - (Growth) - Direct?

The PE ratio for Kotak Money Market Fund - (Growth) - Direct is 0 and the PB ratio is 0. The PE ratio is calculated by dividing the market price by the earnings per share, whereas the PB ratio is calculated by dividing the stock price by the book value per share.

What is the exit load of Kotak Money Market Fund - (Growth) - Direct?

The exit load for Kotak Money Market Fund - (Growth) - Direct is 0% if units are redeemed within 30 days from the date of investment. After this period, no exit load is applicable. This fee is charged to discourage short-term trading and ensure long-term investment.