Kotak Savings Fund Direct Growth - Regular - Latest NAV [ ₹35.1423 ], Returns, Performance, Portfolio & Returns 2021

Kotak Savings Fund Direct Growth

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Min amount: ₹1,000

Calculate Returns

20 yrs
₹1,000 invested monthly becomes
0 in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years6.97%
3 Years6.7%
1 Year4.04%
6 Months2%
Fund Details
RiskLow to Moderate Risk
Fund TypeUltra Short Duration
Exit Load--

More about this fundstar

Top HoldingsWeightage
8.79% Govt Stock 202122.8%
182 DTB 091220218.4%
Housing Development Finance Corporation Limited4.98%
182 DTB 231220214.66%
182 DTB 021220214.2%
LIC Housing Finance Limited3.75%
National Bank For Agriculture And Rural Development3.33%
08.11 CG SDL 20212.4%
Axis Bank Limited2.37%
Indusind Bank Limited2.34%

About Kotak Savings Fund

Kotak Savings Fund, an open-ended debt scheme, aims to generate returns by investing in debt and money market instruments such that the interest rate risk is minimal. The fund is ideal for the investors who are looking for a short-term investment horizon.

Pros and Cons of Kotak Savings Fund

The bright side of Kotak Savings Fund is that no exit load is charged when you redeem/switch out the fund units. The one-year, three-year, and five-year returns have been higher than the category average returns over the past. The risk-adjusted returns are also higher than the category.

Fund Information and Statistics

i) Inception/Launch Date

Kotak Savings Fund was rolled out on 13 August 2004.

ii) Risk Level

Kotak Savings Fund comes with a moderately low risk profile since the fund predominantly invests in debt and money market instruments.

iii) Redemption

There is no lock-in period for the investment made on the fund, which makes it convenient for you to redeem the fund units whenever you wish. In addition, a nil exit load is applicable on redemption.

iv) Fund Manager

Kotak Savings Fund is currently managed by Mr Deepak Agarwal.

v) Entry/Exit Load

No entry load is applicable as per the SEBI’s norm. Similarly, exit load is not applicable when you redeem/switch out the fund units.

About Kotak Mahindra Mutual Fund

Kotak Mahindra Mutual Fund was registered with Securities and Exchange Board of India on 23 June 1998, while the asset management company started its operations in December 1998. The average assets under management of the fund house is Rs.1,67,324.26 crore as on 30 June 2020.

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Frequently Asked Questions

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Min amount: ₹1,000

Calculate Returns

20 yrs
₹1,000 invested monthly becomes
0 in a period of 20 years
Low to Moderate Risk

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