Kotak Gilt-Investment Fund Regular-Direct Payout of Income Dis cum Cap wdrl

Debt
Direct
Government Bond
Kotak Gilt-Investment Fund Regular-Direct Payout of Income Dis cum Cap wdrl

About the Fund

Kotak Gilt-Investment Fund Regular-Direct Payout of Income Dis cum Cap wdrl is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Abhishek Bisen. This fund is suitable to keep your money safe.

Key Parameters

  1. Kotak Gilt-Investment Fund Regular-Direct Payout of Income Dis cum Cap wdrl has ₹3422 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.5.

Returns

Kotak Gilt-Investment Fund Regular-Direct Payout of Income Dis cum Cap wdrl has given a CAGR return of 7.61% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.91%, 6.60% and 7.63% respectively.

Holdings

Kotak Gilt-Investment Fund Regular-Direct Payout of Income Dis cum Cap wdrl has allocated its funds majorly in Government, Cash Equivalent. Its top holdings are 7.25% Govt Stock 2063, 7.18% Govt Stock 2033, 7.3% Govt Stock 2053, 7.46% Govt Stock 2073, 7.34% Govt Stock 2064

Taxation

As it is a government bond 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 Gilt-Investment Fund Regular-Direct Payout of Income Dis cum Cap wdrl

The objective of the Plan is to generate risk-free returns through investments in sovereign securities issued by the Central Government and/or State Government(s) and/or any security unconditionally guaranteed by the Government of India, and/or reverse repos in such securities as and when permitted by RBI. A portion of the fund may be invested in Reverse repo, CBLO and/or other similar instruments as may be notified to meet the day-to-day liquidity requirements of the Plan. To ensure total safety of Unit holders' funds, the Plan does not invest in any other securities such as shares, debentures or bonds issued by any other entity. The Fund will seek to underwrite issuance of Government Securities if and to the extent permitted by SEBI/ RBI and subject to the prevailing rules and regulations specified in this respect and may also participate in their auction from time to time.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 1000.00. Kotak Gilt-Investment Fund Regular-Direct Payout of Income Dis cum Cap wdrl has no lock in period.

Fund Performance

Fund Overview

Expense ratio0.47%
Benchmark
ICICI Securities Mibex TR INR
AUM₹3422 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹1000
Exit Load0%
Lock InNo Lock-in
TurnOver
109.59%
Risk
Risk meter
pointer
Low to Moderate Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 100%

AAA
100%

Sector Allocation

May'24

Apr'24

Mar'24

Government
97.4%
Cash Equivalent
2.6%
All changes are between Oct'69 and Dec'69

as on (31-May-24)

  • Debt & Cash

Holdings
Weight%
1M Change
7.25% Govt Stock 2063
7.25% Govt Stock 2063
21.66%
0%
7.18% Govt Stock 2033
7.18% Govt Stock 2033
20.98%
-28.2%
7.3% Govt Stock 2053
7.3% Govt Stock 2053
15.52%
1%
7.46% Govt Stock 2073
7.46% Govt Stock 2073
13.08%
0%
7.34% Govt Stock 2064
7.34% Govt Stock 2064
10.53%
0%

Abhishek Bisen
Abhishek Bisen
Fund Manager of Kotak Gilt-Investment Fund Regular-Direct Payout of Income Dis cum Cap wdrl, since 15 April 2008

Kotak Gilt-Investment Fund Regular-Direct Payout of Income Dis cum Cap wdrl Highlights

Risk meter
pointer

Low to Moderate Risk

Investors understand that their principal will be at Low to Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 7.61% since inception which is more than its category average return of 6.82%
AUM size ₹3422 Cr

AUM size ₹3422 Cr

This fund has AUM of ₹3422 Cr which is more than its category average of ₹ 1525 Cr
Expense Ratio 0.47%

Expense Ratio 0.47%

This fund has an expense ratio of 0.47% which is less than its category average expense ratio of 0.88%

Frequently Asked Questions

The current NAV of Kotak Gilt-Investment Fund Regular-Direct Payout of Income Dis cum Cap wdrl is ₹22.8 as on 20-Jun-2024.
Existing (Absolute + CAGR) as on 20-Jun-2024.
Kotak Gilt-Investment Fund Regular-Direct Payout of Income Dis cum Cap wdrl
Absolute Returns
CAGR Returns
1 Month Returns
1.65%
1.65%
6 Month Returns
5.18%
5.18%
1 Year Returns
8.91%
8.91%
3 Years Returns
21.13%
6.6%
5 Years Returns
44.4%
7.63%
With INDmoney, the process of investing is very simple and involves zero commission.
  • 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.
0.47% as on May 2024
₹3422 Cr as on May 2024
7.25% Govt Stock 2063(21.66%), 7.18% Govt Stock 2033(20.98%), 7.3% Govt Stock 2053(15.52%), 7.46% Govt Stock 2073(13.08%), 7.34% Govt Stock 2064(10.53%) as on May 2024
Yield to Maturity is 7.3 as on May 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 10.26 as on May 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Abhishek Bisen is the fund manager of Kotak Gilt-Investment Fund Regular-Direct Payout of Income Dis cum Cap wdrl
The Exit load of Kotak Gilt-Investment Fund Regular-Direct Payout of Income Dis cum Cap wdrl is 0%