As on 17 Sept 2024
Kotak Savings Fund-Growth - Direct
DebtNAV
₹ 42.32
CAGR (3 Years)
6.23%
AUM (Cr)
₹ 12,644.15
Risk
Moderate Risk
About Kotak Savings Fund-Growth - Direct
To generate returns through investments in debt and money market instruments with a view to reduce the interest rate risk.
Breakdown of this Fund
Debt Others
72.28%
Govt. Securities
8.66%
T Bills
59.67%
Market Capitalization
Expense Ratio, Exit Load and Tax
Expense Ratio
0.4
Exit Load
Nil ( w e f - 23-01-2009)
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.