Kotak Credit Risk Fund Direct Growth
Min amount: ₹1,000
- Fund Summary
- More about Fund
- Related funds
- Why Cleartax
|Fund Type||Credit Risk|
|Exit Load||1% for 365 Days|
More about this fund
|Talwandi Sabo Power Limited||10.75%|
|Tata Steel Limited||9.38%|
|Punjab & Sind Bank||6.98%|
|Coastal Gujarat Power Limited||6.28%|
|L&T Infrastructure Finance Company Limited||4.62%|
|Bahadur Chand Investments Private Limited||4.17%|
|Power Finance Corporation Limited||3.75%|
|7.20% KA SDL 2027||2.86%|
About Kotak Credit Risk Fund
Kotak Credit Risk Fund, an open-ended fund scheme, aims to generate income by investing in debt and money market securities across the yield curve and credit spectrum. The scheme also tries to maintain liquidity within the fund. The scheme chooses to invest in securities that provide high accrual by taking a marginally higher credit risk. The scheme is suitable for investors having an investment horizon of 15 months and above.
Pros and Cons of Kotak Credit Risk Fund
The one-year, three-year, and five-year returns of the fund has been higher than that of the category average returns. In addition, the risk-adjusted returns of the fund is higher than the counterparts in the category.
Fund Information and Statistics
i) Inception/Launch Date
Kotak Credit Risk Fund was incepted on 11 May 2010.
ii) Risk Level
The fund includes a moderately low risk profile since the scheme predominantly invests in corporate bonds rated AA and below.
Kotak Credit Risk Fund does not impose a lock-in period on the amount you have invested. Therefore, you can redeem the fund units at any time. However, an exit load may be charged based on the time of redemption.
iv) Fund Manager
The current Fund Manager for Kotak Credit Risk Fund is Mr Deepak Agarwal.
v) Entry/Exit Load
Though there is no entry load for the purchase of mutual fund units, an exit load of 1% may be charged when you redeem/switch out units in excess of 6% of the initial investment amount within one year from the date of allotment. After completing one year, no exit load is applicable.
About Kotak Mahindra Mutual Fund
Kotak Mahindra Mutual Fund registered itself with Securities and Exchange Board of India (SEBI) on 23 June 1998. The sponsor for the fund house is Kotak Mahindra Bank Limited and the trustee company is Kotak Mahindra Trustee Co. Limited. The average assets under management as of 30 June 2020 is Rs.1,67,324.26 crore.
" Great investing experience! Contacted the support with queries.. Got immediate response and all my doubts clarified. Will definitely recommend ClearTax to friends "IT Developer, Bangalore
" I am new to investments and got all the information I need on your website. The suggestions for mutual fund investments and tax savings are great. "Software Engineer, Indore
" Investing through ClearTax is super easy and simple. It is extremely helpful for investors with less finance knowledge. "Campus Manager, Bangalore
Invest Now in 3 Easy Steps
Why ClearTax Invest?
- Our experts do all the research and offer only the BEST mutual funds
- Trusted by Over 25 Lakh Indians
- Invest in just 5 minutes
- No paperwork required
- Simple and easy to use
Frequently Asked Questions
- Read More
Min amount: ₹1,000
All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,
- High Risk = High possible returns
- Low Risk = Stable, relatively lower returns