3 Year return

6.11%
Launched on January 2013 (11 years)

Investment Details

₹100

Minimum SIP Amount

₹100

Minimum one time investment

Fund has no lock-in period

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Risk Involved

Moderate Risk

Your principal will be at

Moderate Risk

Scheme Information

Asset Under Management

₹9154.4 Cr.

Expense Ratio

0.42% (inclusive of GST)

Exit Load

Nil W.E.F.: March 02, 2012.

Ratings

ARQ Rating
3

Ratings by other agencies

3
2
5

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

Holdings

Kotak Mahindra Mutual Fund Managers

DA

Deepak Agrawal

Fund Manager since Apr 2018

View Details

Fund House Details

Kotak Mahindra Mutual Fund

Kotak Mahindra Mutual Fund Asset management company

AUM ₹384,007.34 Cr.
No. of Schemes 181
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by Kotak Mahindra Mutual Fund

List of mutual fund schemes by AMC

Funds 3 Years Returns
scheme logo

Hybrid . Dynamic Asset Allocation or Balanced Advantage

Kotak Balanced Advantage Fund Direct Plan Growth

12.88%
scheme logo

Hybrid . Dynamic Asset Allocation or Balanced Advantage

Kotak Balanced Advantage Fund Direct Plan Payout of IDCW Payout

12.88%

About Kotak Low Duration Fund Direct Plan-Growth

The Kotak Low Duration Fund Direct Plan-Growth is an open-ended debt mutual fund scheme offered by Kotak Mahindra Mutual Fund. The fund is under the category of low-duration funds. It aims to give potentially fairly reasonable returns while holding low-interest rate risks by investing in a well-diversified portfolio of low-duration debt and money market instruments with comparatively shorter maturities.

Investment Objective of the Scheme

The foremost investment objective of the Kotak Low Duration Fund Direct Plan-Growth scheme is to provide regular income and reach reasonable returns with lower interest rate risks. To meet this goal, the fund targets investing in money market and low-duration debt instruments that come with shorter maturities, usually up to 6 months to a year. Here, the aim is to manage the fluctuations in interest rates as brief-duration securities have a lower sensitivity to interest rates than long-duration instruments. The scheme aims to provide investors with stability and liquidity while seeking opportunities for attractive yields from short-term debt instruments and money market securities.

Key Features of The Fund

5-year return 6.83%
Expense Ratio 0.42%
Fund Manager Deepak Agrawal
Fund Size ₹9154.4 Cr
Risk Profile Moderate

Is This Scheme Right for Me?

Investors may think the Kotak Low Duration Fund Direct Plan-Growth suitable for the simple reason that it may provide stability and attractive returns over brief periods. Those investors who are looking for minimal risk may invest in this fund. Investors may also invest if they do not want to feel the effect of interest rates over longer periods. Nevertheless, before you take steps to invest, it is worth reflecting on your personal goals and financial needs, and invest accordingly.

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
Email 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.

Make Use of SIPs for Harnessing the Power of Compounding

To take advantage of compound interest, a lot of investors select Systematic Investment Plans (SIPs) for their mutual fund investments. By establishing a fixed amount of money to be invested every month, averaging the cost per unit over time, and mitigating the effects of market volatility, SIPs enable disciplined investing. Try the free mutual fund SIP calculator from Angel One to plan your investment and get an idea of possible returns.

FAQs

What is today's NAV of Kotak Low Duration Fund?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Kotak Low Duration Fund Jun 21 2024 is 3354.2682

What is the AUM of Kotak Low Duration Fund?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Kotak Low Duration Fund is 9154.4 crore.

What is the expense ratio of Kotak Low Duration Fund?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of Kotak Low Duration Fund is 0.42%

What are the returns of Kotak Low Duration Fund since inception?

The Kotak Low Duration Fund was launched on Jan 01 2013. The fund has delivered a CAGR of 7.94 since inception.

What is the minimum SIP amount to invest in Kotak Low Duration Fund?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Kotak Low Duration Fund is 100.

How do I invest in Kotak Low Duration Fund?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. 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.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in Kotak Low Duration Fund?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in Kotak Low Duration Fund?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in Kotak Low Duration Fund?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.