Kotak Liquid Fund Direct Growth

Debt
Direct
Liquid
Kotak Liquid Fund Direct Growth

About the Fund

Kotak Liquid 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

  1. Kotak Liquid Fund Direct Growth has ₹39512 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.2.

Returns

Kotak Liquid Fund Direct Growth has given a CAGR return of 6.81% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.40%, 5.89% and 5.24% respectively.

Holdings

Kotak Liquid Fund Direct Growth has allocated its funds majorly in Financial Services, Cash Equivalent, Corporate, Government. Its top holdings are 91 DTB 15082024, HDFC Bank Limited, 8.4% Govt Stock 2024, Punjab National Bank, National Bank For Agriculture And Rural Development

Taxation

As it is a liquid 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 Liquid Fund Direct Growth

The investment objective of the Scheme is to provide reasonable returns and high level of liquidity by investing in debt instruments such as bonds, debentures and Government Securities; and money market instruments such as treasury bills, commercial paper, certificate of deposit, including repos in permitted securities of different maturities, so as to spread the risk across different kinds of issuers in the debt markets. The Scheme may invest in call money/term money market in terms of RBI guidelines in this respect. Subject to the maximum amount permitted from time to time, the Scheme may invest in offshore securities in the manner allowed by SEBI/RBI, provided such investments are in conformity with the investment objective of the Scheme and the prevailing guidelines and Regulations. To reduce the risk of the portfolio, the Scheme may also use various derivative and hedging products from time to time, in the manner permitted by SEBI.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 0.00. Kotak Liquid Fund Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
261 people have invested ₹ 4.7Cr in Kotak Liquid Fund Direct Growth in the last three months

Fund Overview

Expense ratio0.2%
Benchmark
CRISIL Liquid Fund TR INR
AUM₹39512 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/--
Exit Load
0.007%
Lock InNo Lock-in
TurnOver
529.99%
Risk
Risk meter
pointer
Low to Moderate Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 99.8%

AAA
100%

Sector Allocation

Jun'24

May'24

Apr'24

Cash Equivalent
62.6%
Corporate
33.8%
Government
3.7%
All changes are between Oct'69 and Dec'69

as on (30-Jun-24)

  • Debt & Cash

Holdings
Weight%
1M Change
91 DTB 15082024
91 DTB 15082024
7.2%
116%
HDFC Bank Limited
HDFC Bank Limited
5.99%
-10%
8.4% Govt Stock 2024
8.4% Govt Stock 2024
5.06%
0%
Punjab National Bank
Punjab National Bank
3.35%
0%
National Bank For Agriculture And Rural Development
National Bank For Agriculture And Rural Development
3.33%
-28.6%

Deepak Agrawal
Deepak Agrawal
Fund Manager of Kotak Liquid Fund Direct Growth, since 11 May 2007

Mutual Fund Insights

Insights icon
In the last 1 year, Edelweiss Liquid Fund Direct Growth has given 7.47% return, outperforming this fund by 0.06%.
Insights icon
This fund expense ratio is slightly on the lower side within the category (liquid). Its expense ratio is 0.2% which is lower than the category average expense ratio of 0.27%.
Insights icon
Over the last 1 month, this fund has experienced a 4.9% growth in AUM moving from 37.67K Cr to 39.51K Cr.
Insights icon
In the last 5 years, Quant Liquid Plan Growth Option Direct Plan has given 5.75% return, outperforming this fund by 0.51% per annum.
Insights icon
Over the last 15 months, this fund has increased expense ratio by 33.3% moving from 0.15 to 0.20.
Insights icon
In the last 3 years, Aditya Birla Sun Life Liquid Direct Plan Growth has given 5.97% return, outperforming this fund by 0.07% per annum.

Kotak Liquid Fund Direct Growth 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 6.81% since inception which is more than its category average return of 4.97%
AUM size ₹39512 Cr

AUM size ₹39512 Cr

This fund has AUM of ₹39512 Cr which is more than its category average of ₹ 13454 Cr
Expense Ratio 0.2%

Expense Ratio 0.2%

This fund has an expense ratio of 0.2% which is less than its category average expense ratio of 0.24%

Frequently Asked Questions

The current NAV of Kotak Liquid Fund Direct Growth is ₹4990.21 as on 23-Jul-2024.
Existing (Absolute + CAGR) as on 23-Jul-2024.
Kotak Liquid Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.61%
0.61%
6 Month Returns
3.71%
3.71%
1 Year Returns
7.4%
7.4%
3 Years Returns
18.75%
5.89%
5 Years Returns
29.07%
5.24%
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.
0.2% as on June 2024
₹39512 Cr as on June 2024
91 DTB 15082024(7.2%), HDFC Bank Limited(5.99%), 8.4% Govt Stock 2024(5.06%), Punjab National Bank(3.35%), National Bank For Agriculture And Rural Development(3.33%) as on June 2024
Cash Equivalent(62.55%), Corporate(33.79%), Government(3.65%) as on June 2024
Yield to Maturity is 7.33 as on June 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 0.17 as on June 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Deepak Agrawal is the fund manager of Kotak Liquid Fund Direct Growth
The Exit load of Kotak Liquid Fund Direct Growth is 0.01%