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Kotak World Gold Fund- Direct Plan- Growth Option

3 yr CAGR
+7.27%
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0

Direct

Growth

Fund overview

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Net Asset Value

11.759
aum

AUM (Fund size)

51.47 Crore
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Lock-in period

No Lock-in
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Exit Load

1% in 365 days
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Expense ratio

0.57%
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Risk

High

Top holdings

HoldingsWeightage
Investec GSF Glb Gold I Acc USD99.23%

Calculate returns

Monthly (SIP)
One-Time
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

Arjun Khanna

Custodians

Deutsche Bank AG

Address

Kotak Mahindra Asset Management Company Limited(KMAMCL) 36-38A, Nariman Bhavan,

Fax Nos.

+91 22 66384455

Telephone Nos.

+91 22 66384444

Homepage

assetmanagement.kotak.com

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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.

iii) Redemption

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.

Start your investment
Monthly (SIP)
One-Time
Amount
Estimated value after 3 years

(as per historical returns)

1.89 Lakhs
Min investmentment of ₹1000 required
risk

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Frequently Asked Questions

What are equity funds?

Equity funds are schemes which concentrate their investments in shares of companies of different market capitalization

What are large cap, mid cap, small cap and multi cap equity funds?

SEBI ranks all listed companies based on the overall market capitalization. Large-cap funds invest in top 100 companies Mid-cap funds invest in companies ranking from 101 to 250 Small-cap funds invest in companies ranking from 251st onwards. Multi-cap funds invest in small cap, mid cap and large cap companies

What are ELSS funds?

ELSS funds are tax saving mutual funds, in which majority of the funds are invested in equity schemes. ELSS has a lock-in period of 3 years.

What are Bluechip funds?

Bluechip funds are those funds that invest in stocks of well established companies which have proved to perform financially well over a long period of time.

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.