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Value Research Rating
Analyst’s Choice
Riskometer
Low to Moderate
₹42.5561
As on 11-Oct-2024
As per SEBI's Riskometer.
Split between different types of investments
Split between categories of Equity investments
Rating |
VR Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|
|---|---|---|---|---|---|---|
|
Kotak Savings Fund - Direct Plan
|
|
|
Low to Moderate
|
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0.36 |
|
 |
|
Moderate
|
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0.39 |
||
 |
|
Moderate
|
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0.38 |
||
|
|
Moderate
|
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0.36 |
||
|
|
Low to Moderate
|
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0.37 |
₹13,329 Cr
--
100
1,000
100
1
Investment Strategy
The scheme seeks to generate returns through investment in debt and money market instruments with a view to reduce the interest rate risk.
Suitability
"Ultra-short Duration debt funds predominantly invest in bonds maturing in three to six months. They aim to earn slightly better returns over liquid funds but with a marginally higher degree of volatility.
They are suitable to park the amount you have set aside to meet any emergency needs or any surplus money that you don't need for the next six months up to 1-1.5 years. Investors who want to avoid the complexity of wading through the very finely classified categories of debt funds can simply give these funds a miss and stick to liquid funds for this investing need. But those, who want slightly better returns and can withstand a little more volatility, can consider ultra-short duration funds.
The risk of incurring a loss in these funds over the said timeframe is low but they do not guarantee returns or safety of capital. Remember, they are geared to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit, but are not suitable to build wealth in the long run."
Capital Gains Taxation
Disclaimer: The tax information has been prepared on a best-effort basis using information available in the public domain and other sources that Value Research considers reliable. This is not meant as tax advice, and we advise you to consult your tax advisor before making any decision. Value Research takes no responsibility and assumes no liability for any loss or damage arising from any investment or redemption decision based on this information.
Dividend Taxation
Kotak Savings Fund - Direct Plan is mandated to invest in bonds such that the duration of the portfolio is between three to six months.
Mutual funds can be bought directly from the website of the fund house. For instance, Kotak Savings Fund - Direct Plan fund can be purchased from the website of Kotak Mahindra Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.
The NAV of Kotak Savings Fund - Direct Plan is ₹42.5561 as of 11-Oct-2024.
The AUM of Kotak Savings Fund - Direct Plan Fund is ₹13,329 Cr as of 30-Sep-2024
The riskometer level of Kotak Savings Fund - Direct Plan is Low to Moderate. See More
| Company | Percentage of Portfolio |
|---|---|
|
Punjab National Bank CD 25/02/2025 |
4.55
|
|
Reserve Bank of India T-Bills 182-D 12/12/2024 |
3.70
|
|
Reserve Bank of India T-Bills 364-D 06/02/2025 |
2.93
|
|
India Universal Trust AL1 SERIES A1 PTC Sec. Debt |
2.90
|
|
National Bank For Agriculture & Rural Development Money Mkt 18/03/2025 |
2.90
|
As of 30-Sep-2024, Kotak Savings Fund - Direct Plan had invested 97.88% in Debt and 2.12% in Cash & Cash Eq. See More
Kotak Savings Fund - Direct Plan is 11 years 9 months old. It has delivered 7.43% returns since inception. See More
|
1Y
|
3Y
|
5Y
|
7Y
|
10Y
|
Since Inception
|
|---|---|---|---|---|---|
|
7.63%
|
6.35%
|
5.94%
|
6.49%
|
7.09%
|
7.43%
|
No, There is no lock in period in Kotak Savings Fund - Direct Plan.
The expense ratio of Kotak Savings Fund - Direct Plan is 0.36.
