Kotak Money Market Direct Growth - Regular - Latest NAV [ ₹4323.72 ], Returns, Performance, Portfolio & Returns 2024

Kotak Money Market Direct Growth

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Direct

Growth

3 yr CAGR
+5.9%
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Direct

Growth

3 yr CAGR
+5.9%
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Fund overview

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Net Asset Value

₹4323.72
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AUM (Fund size)

29,487.57 Crore
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Lock-in period

No Lock-in
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Exit Load

0% in 0 days
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Expense ratio

0.23%
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Risk

Moderately High
Start your investment
Lumpsum
SIP
Amount
Estimated value after 3 years

(as per historical returns)

2 Lakhs ₹
Min investment of ₹1,000 required
risk

Top holdings

HoldingsWeightage
Indian Bank3.55%
Axis Bank Limited2.57%
Bank Of Baroda2.34%
HDFC Bank Limited2.09%
Punjab National Bank1.93%
Punjab National Bank1.78%
HDFC Bank Limited1.7%
182 DTB 010520251.67%
Small Industries Development Bank Of India1.65%
182 DTB 181020241.61%

Calculate returns

Monthly (SIP)
One-Time
4000
20
yrs
₹4,000 invested monthly becomes 0 in a period of 20 years

About Kotak Mahindra Asset Management Co Ltd

Kotak Mahindra Mutual Fund is a part of the Kotak Group established in 1985 by Mr. Uday Kotak. Kotak Mahindra Asset Management Company (KMAMC) is the asset manager for Kotak Mahindra Mutual Fund (KMMF). KMAMC started its operations in 1998.

Managers

Deepak Agrawal, Manu Sharma

Custodians

Deutsche Bank AG

Address

Kotak Mahindra Asset management Company Limited 2nd Floor, 12-BKC, Plot No C-12

Fax Nos.

+91 22 67082213

Telephone Nos.

+91 22 61152100

Homepage

www.kotakmf.com

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Start your investment
Lumpsum
SIP
Amount
Estimated value after 3 years

(as per historical returns)

2 Lakhs ₹
Min investment of ₹1,000 required
risk

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Frequently Asked Questions

What are Retirement funds?

Pension plans are also known as retirement plans. In this, you may invest some portion of your income into the designated plan. The main objective behind a pension plan is to have a regular income post-retirement. Considering the ever-growing inflation, investing in these plans has become necessary.The contributions that are made to a pension plan, under Section 80CCC, are tax-exempt up to a maximum ceiling of Rs 1.5 lakh.

What are children's funds?

Children's fund is a form of mutual fund with specific child-related goals and terms. These are a commonly availed investment option, acting as solution-oriented plans for the rising cost of education and other essential expenses. Most mutual fund child plan invests in both equity and debt portfolios.

What are index funds?

Index mutual funds are a class of equity funds. These funds are passively managed as the main objective of index funds is to track and emulate the performance of a popular stock market index such as S&P BSE Sensex and NSE Nifty 50. The asset allocation of an index fund would be the same as that of its underlying index

What is a lock-in period?

It is the period for which your money will remain locked in the mutual fund. Most mutuals do not have any lock-in period. ELSS, Tax-Savers, come with a lock-in of 3 years which is the lowest compared to other 80C investment options. Lock-in period is calculated from the date of investment. Meaning SIPs will have different lock-in dates

Is KYC necessary for BLACK?

KYC is necessary for all fund houses. If you are investing through BLACK, you need to do your KYC just once. The same KYC will be used for all further investments.

What is a Mandate (Auto-SIP)?

A Mandate is a one-time registration through which you instruct your bank account to deduct a specified amount of money from your account daily towards investing into a SIP portfolio. Once you register for Mandate, you don’t have to follow the payment process every time you invest in the SIP.