Hybrid
Direct
Fund Of Funds
NAV as on 04-11-2024
₹ 11.72
1D
Inception Returns
8.4%
/yr
Kotak Income Plus Arbitrage Fund of Funds Direct Growth is a hybrid fund. This fund was started on 17 November, 2022. The fund is managed by Abhishek Bisen. This fund gives you the benefit of diversification.
Kotak Income Plus Arbitrage Fund of Funds Direct Growth has given a CAGR return of 8.40% since inception. Over the last 1 year the fund has given a CAGR return of 9.26%.
Kotak Income Plus Arbitrage Fund of Funds Direct Growth has allocated its funds majorly in Real Estate, Government, Corporate, Cash Equivalent.
As it is a fund of funds mutual fund the taxation is as follows:If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitGains up to Rs 1 lakh are exempt from taxation (more than 12 months).
To generate long-term capital appreciation from a portfolio created by investing in debt oriented mutual fund schemes of Kotak Mahindra Mutual Fund.
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Kotak Income Plus Arbitrage Fund of Funds Direct Growth has no lock in period.
Expense ratio | 0.09% |
Benchmark | Nifty Composite Debt TR INR |
AUM | ₹21 Cr |
Inception Date | 17 November, 2022 |
Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 160.12% |
STCG | Selling within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
Risk | Moderately High risk |
as on (04-Nov-24)
as on (31-Dec-69)
Top 3 Sectors in September were Real Estate, Government & Corporate
Kotak Income Plus Arbitrage Fund of Funds Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -0.33% | -0.33% |
6 Month Returns | 6.44% | 6.44% |
1 Year Returns | 9.26% | 9.26% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
AAA | 91.56 |
AA | 7.26 |
A | 1.18 |