3 Year return
5.61%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Moderate Risk
Asset Under Management
₹27239.36 Cr.
Expense Ratio
0.2% (inclusive of GST)
Exit Load
0.0070% - If redemption/switch out within 1 days from the date of allotment. 0.0065% - If redemption/switch out within 2 days from the date of allotment. 0.0060% - If redemption/switch out within 3 days from the date of allotment. 0.0055% - If redemption/switch out within 4 days from the date of allotment. 0.0050% - If redemption/switch out within 5 days from the date of allotment. 0.0045% - If redemption/switch out within 6 days from the date of allotment. Nil - If redemption/switch out within 7 days from the date of allotment.
Tax Implications
Withdrawal within 3 years
Tax based on your income tax bracket
Withdrawal after 3 years
20% tax after indexation (adjusting for inflation)
Fund Holdings
Kotak Mahindra Mutual Fund Managers
DA
Deepak Agrawal
Fund Manager since Apr 2018
Fund House Details
Kotak Mahindra Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
|
Funds
|
3 Y Returns
|
ARQ Rating
|
|---|---|---|
|
Axis Liquid Fund Direct Plan Monthly IDCW Payout |
5.66% |
5 |
|
LIC MF Liquid Fund Direct Plan Daily IDCW Reinvestment |
5.67% |
2 |
|
PGIM India Liquid Fund Direct Plan Monthly Dividend Payout |
5.65% |
2.5 |
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
Other . FoFs Domestic
Kotak All Weather Debt FoF Direct Plan Growth
Other . FoFs Domestic
Kotak All Weather Debt FoF Direct Plan IDCW Payout
Other . FoFs Domestic
Kotak All Weather Debt FoF Direct Plan IDCW Reinvestment
About Kotak Liquid Growth Direct
The Kotak Liquid Direct-Growth is an offering from the Kotak Mahindra Mutual Fund family. Designed as a Liquid mutual fund scheme, it primarily targets investors who prioritise the safety of their capital. Liquid funds are essentially debt funds, making their home in short-term debt instruments like treasury bills, commercial papers, and bank certificates of deposits, all typically maturing within 60 days. A defining characteristic of these funds, aside from their ultra-short tenure, is their strong adherence to high credit-rated papers, which inherently lowers the risk.
Investment Objectives of the Scheme
The prime objective driving the Kotak Liquid Fund is twofold: ensuring liquidity while providing reasonable returns. The fund achieves this by meticulously allocating assets across various debt instruments, such as bonds, debentures, and Government Securities, in addition to an array of money market instruments. Spreading investments across various maturities, it effectively manages risks associated with different issuers within the debt market. Furthermore, it remains open to investing in offshore securities and can tactically employ derivatives and hedging strategies, all within the boundaries set by SEBI and RBI.
Key Features of The Fund
| 5-year return | 5.22% |
| Expense Ratio | 0.2% |
| Fund Manager | Deepak Agrawal |
| Fund Size | ₹27239.36 Cr |
| Risk Profile | Moderate |
Is This Scheme Right for Me?
If you're an investor with a very short-term perspective, spanning a few days to about 6 months, the Kotak Liquid Fund could be apt for your needs. It's especially tailored for those seeking alternatives to traditional bank accounts or deposits. Additionally, it can function as a reservoir for emergency funds, ensuring liquidity while offering returns slightly better than regular savings. This fund is ideal if safety, coupled with ease of access, tops your list of investment priorities. However, do your own research before making a 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.
FAQs
What is today's NAV of Kotak Liquid Fund?
What is the AUM of Kotak Liquid Fund?
What is the expense ratio of Kotak Liquid Fund?
What are the returns of Kotak Liquid Fund since inception?
What is the minimum SIP amount to invest in Kotak Liquid Fund?
How do I invest in Kotak Liquid 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 Liquid 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 Liquid 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 Liquid 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.
