Kotak Credit Risk Fund Direct Growth
About the Fund
Kotak Credit Risk Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Deepak Agrawal. This fund is suitable to keep your money safe.
Key Parameters
- Kotak Credit Risk Fund Direct Growth has ₹790 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.8.
Returns
Kotak Credit Risk Fund Direct Growth has given a CAGR return of 8.25% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.98%, 5.87% and 6.73% respectively.
Holdings
Kotak Credit Risk Fund Direct Growth has allocated its funds majorly in Real Estate, Corporate, Government, Cash Equivalent, Securitize. Its top holdings are 7.18% Govt Stock 2033, The Tata Power Company Limited, Godrej Industries 0.0842%, Tata Projects Limited, Aadhar Housing Finance Limited
Taxation
As it is a credit risk mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:For short term (less than 3 years) capital gains will be taxed at your income slab rate.For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.Dividends will always be taxed at slab rate.
Investment objective of Kotak Credit Risk Fund Direct Growth
The investment objective of the scheme is to generate income by investing in debt /and money market securities across the yield curve and predominantly in AA rated and below corporate securities. The scheme would also seek to maintain reasonable liquidity within the fund.There is no assurance that the investment objective of the Schemes will be realised.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Kotak Credit Risk Fund Direct Growth has no lock in period.
Fund Overview
| Expense ratio | 0.79% |
Benchmark | CRISIL Short Term Bond Fund TR INR |
| AUM | ₹790 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1% |
| Lock In | No Lock-in |
TurnOver | 91.7% |
| Risk |   Moderately High risk |
Fund Distributionas on (31-Dec-69)
as on (30-Jun-24)
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.18% Govt Stock 2033 | 10.65% | -5.6% | |
The Tata Power Company Limited | 8.64% | 0% | |
Godrej Industries 0.0842% | 6.29% | 0% | |
Tata Projects Limited | 6.26% | 0% | |
Aadhar Housing Finance Limited | 5.63% | 0% |
Mutual Fund Insights
Kotak Credit Risk Fund Direct Growth Highlights
Moderately High risk
About the fund
Fund Allocations
AUM size ₹790 Cr
Expense Ratio 0.79%
Frequently Asked Questions
Kotak Credit Risk Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.84% | 0.84% |
6 Month Returns | 4.48% | 4.48% |
1 Year Returns | 8.98% | 8.98% |
3 Years Returns | 18.66% | 5.87% |
5 Years Returns | 38.48% | 6.73% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
AA | 65.92 |
AAA | 23.86 |
A | 10.21 |