Kotak World Gold Fund- Direct Plan- Growth Option
- Fund Summary
- More about Fund
- Related funds
- Why Cleartax
|Fund Type||Global - Other|
|Exit Load||1% for 365 Days|
More about this fund
|Investec GSF Glb Gold I Acc USD||99.23%|
About Kotak World Gold Fund
Kotak World Gold Fund, an open-ended scheme, aims at generating long-term capital growth by investing in Falcon Gold Equity Fund. The latter further invests in international securities of gold production, processing, and marketing companies. Kotak World Gold Fund may also invest in other similar overseas mutual fund schemes subject to the Fund Manager discretion.
Pros and Cons of Kotak World Gold Fund
The scheme may invest a certain portion of its corpus in debt and money market securities and/or units of debt/liquid schemes of Mutual Funds, in order to meet liquidity requirements from time to time. The one-year and five-year returns of the fund have been higher than the category-average returns. However, the three-year returns of the fund have been lower than the category-average returns.
Fund Information and Statistics
i) Inception/Launch Date
Kotak World Gold Fund was rolled out on 6 June 2008.
ii) Risk Level
The fund is associated with a moderately high risk profile since the fund invests in units of Falcon Gold Equity Fund.
There is no lock-in period for the amount invested in the fund. You can redeem the units at any time at the expense of exit load if applicable.
iv) Fund Manager
The current Fund Manager for Kotak World Gold Fund is Mr Arjun Khanna.
v) Entry/Exit Load
As per the norm stated by SEBI, entry load is not chargeable when you purchase mutual fund units. An exit load of 1% may be charged when you redeem/switch-out from the fund within one year from the date of allotment.
About Kotak Mahindra Mutual Fund
Kotak Mahindra Mutual Fund was incorporated on 5 August 1994 and got registered with SEBI on 23 June 1998. The sponsor of the fund house is Kotak Mahindra Bank Limited and the trustee company is Kotak Mahindra Trustee Corporation Limited. As on 30 June 2020, the average assets under management (AAUM) of the fund house is Rs.1,67,324.26 crore.
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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