Kotak Savings Fund Growth - Latest NAV ₹33.2564, Returns, Performance & Portfolio

Kotak Savings Fund Growth

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Start your investment

Min amount: ₹1,000

Calculate Returns

Rs. 3,000 invested monthly becomes Rs. 16.39 Lakhs in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years8.25%
5 Years7.34%
3 Years7.14%
1 Year6.38%
6 Months3.15%
Fund Details
RiskModerately Low risk
Fund TypeUltra Short Duration
Exit Load--

More about this fundstar

Top HoldingsWeightage
7.80% GOI Floating Rate Bonds 202011.93%
8.12% Govt Stock 20206.52%
Housing Development Finance Corporation Limited5.3%
Bharti Telecom Limited4.96%
Rural Electrification Corporation Limited3.8%
Bajaj Housing Finance Limited3.17%
Power Finance Corporation Limited2.89%
182 DTB 291020202.7%
182 DTB 171220202.24%
Kotak Mahindra Prime Limited2.24%

About Kotak Savings Fund

The Kotak Savings Fund is an open-ended fund investing in debt and money market instrument. The fund strives to achieve regular income over a short-term time frame. The portfolio Macaulay Duration is between 3 to 6 months. The fund may also invest up to 50% of capital in securitized debts. A maximum of 20% of the debt portion of capital may be invested in foreign securities.

Pros & Cons of Kotak Savings Fund

Kotak Savings Fund offers the following benefits:

  1. The scheme provides stable and regular returns without any higher associated risks.
  2. The 1-year, 3-year, and 5-year returns are higher than the average category return.
  3. The fund is suitable to park your funds for short durations.

Fund Information and Statistics of Kotak Savings Fund

i) Inception / Launch date

The Kotak Savings Fund was launched on August 13, 2004, by Kotak Mutual Funds.

ii) Risk level

Investments in Kotak Savings Fund are at moderately-low risk and suitable for short term investment horizon.

iii) Redemption

Redemption can be done on any day based on redemption prices for that day. The proceeds will be dispatched within 10 business days from the day of the redemption request.

iv) Fund Manager

The fund is managed by Mr Deepak Agarwal since July 11, 2007, and Mr Arjun Khanna who is in-charge of investments in foreign securities.

v) Entry / Exit load

The fund house does not charge any entry load or exit load on redemption.

Tax benefits of investing in Kotak Savings Fund

Short-term capital gain tax according to the income tax slab of the investor would be applicable if sold before 36 months. If the units are sold after 36 months, a long-term capital gain tax of 20% with indexation is levied.

About Kotak Mutual Fund

Kotak Mutual Fund is the part of renowned Kotak Mahindra group. The fund house seeks to offer best in class products across investor lifecycle. It also aims to deliver returns that are better than the benchmark. The fund house is backed by a strong team that comes with a varying degree of experience in investing and management.

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Frequently Asked Questions

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Start your investment

Min amount: ₹1,000

Calculate Returns

Rs. 3,000 invested monthly becomes Rs. 16.39 Lakhs in a period of 20 years
Moderately Low 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