3 Year return
16.71%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
High Risk
Asset Under Management
₹2123.41 Cr.
Expense Ratio
0.16% (inclusive of GST)
Exit Load
If redeemed or switched out on or before comletion of 15 days from the date of allotment of units-1.00% If redeemed or switched out on or after comletion of 15 days from the date of allotment of units-Nil
Tax Implications
Tax on gains as per your income tax bracket
Fund Holdings
Kotak Mahindra Mutual Fund Managers
AB
Abhishek Bisen
Fund Manager since Aug 2024
Fund House Details
Kotak Mahindra Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
Funds
|
3 Y Returns
|
ARQ Rating
|
---|---|---|
ICICI Prudential Bharat 22 Fund (FoF) |
34.62% |
0 |
ICICI Prudential Thematic Advantage Fund (FoF) |
18.7% |
0 |
Kotak Multi Asset Allocator Fund of Fund Dynamic |
18.57% |
0 |
Schemes by Kotak Mahindra Mutual Fund
List of mutual fund schemes by AMC
Hybrid . Dynamic Asset Allocation or Balanced Advantage
Kotak Balanced Advantage Fund Direct Plan Growth
Hybrid . Dynamic Asset Allocation or Balanced Advantage
Kotak Balanced Advantage Fund Direct Plan Payout of IDCW Payout
Hybrid . Dynamic Asset Allocation or Balanced Advantage
Kotak Balanced Advantage Fund Direct Plan Reinvestment of IDCW Reinvestment
Equity . Sectoral / Thematic
Kotak Banking and Financial Services Fund Direct Plan Growth
Equity . Sectoral / Thematic
Kotak Banking and Financial Services Fund Direct Plan IDCW Payout Payout
About Kotak Gold Fund Growth Direct
Kotak Gold Fund Growth Direct is an open-ended gold commodities fund which is a product of the Kotak Mahindra Mutual Fund House. Mutual funds that invest directly or indirectly in gold reserves are known as gold funds. Based on the units offered by the gold ETF, gold mutual funds are open-ended investments. The scheme has the domestic price of gold as its benchmark.
Investment Objective of The Scheme
The scheme's investment goal is to earn profits by investing in Kotak Gold Exchange Traded Fund units. Typically, investments are made in physical gold, the stocks of mining firms, and the stocks of syndicates that produce and distribute gold. It is a practical approach to invest in an asset while not having to buy the commodity physically. The selling price of this precious metal immediately affects the value of the underlying asset because it is stored as actual gold.
Key Features of The Fund
5-year return | 14.13% |
Expense Ratio | 0.16% |
Fund Manager | Abhishek Bisen |
Fund Size | ₹2123.41 Cr |
Risk Profile | High |
Is This Scheme Right for Me?
The Kotak Gold Fund Growth Direct could be considered by investors looking for medium to long-term returns that correspond to those from actual gold, subject to tracking error. However, note that the scheme has a high risk level, and the ideal investment horizon is of 3 years or more. It is important to consider your specific financial objectives before making your decision.
AMC Contact Details
Name | Kotak Mahindra Mutual Fund |
Launch Date | December 1998 |
Addresss | 2nd Floor, 12-BKC, Plot No C-12, G Block, BKC, Bandra (East), Mumbai - 400 051 |
Contact | 18003091490 044-40229101 |
mutual@kotak.com | |
Website | https://www.kotakmf.com/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
Combat Inflation With SIP Investments
FAQs
What is today's NAV of Kotak Gold Fund?
What is the AUM of Kotak Gold Fund?
What is the expense ratio of Kotak Gold Fund?
What are the returns of Kotak Gold Fund since inception?
What is the minimum SIP amount to invest in Kotak Gold Fund?
How do I invest in Kotak Gold Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in Kotak Gold Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in Kotak Gold Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in Kotak Gold Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.