Kotak Long Duration Fund Direct Growth

Kotak Long Duration Fund Direct Growth

Debt

Direct

Long Duration

NAV as on 31-10-2024

₹ 10.61

-0.1%

1D

Inception Returns

6.1%

/yr

About Kotak Long Duration Fund Direct Growth

Kotak Long Duration Fund Direct Growth is a debt fund. This fund was started on 28 February, 2024. The fund is managed by . This fund is suitable to keep your money safe.

Key Parameters

  1. Kotak Long Duration Fund Direct Growth has ₹185 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.3.

Returns

Kotak Long Duration Fund Direct Growth has given a CAGR return of 6.14% since inception.

Holdings

Kotak Long Duration Fund Direct Growth has allocated its funds majorly in Government, Cash Equivalent. Its top holdings are 7.34% Govt Stock 2064, 7.30 Goi 19062053, 7.25% Govt Stock 2063, India (Republic of), 07.18 Goi 24072037

Taxation

As it is a long duration 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 Long Duration Fund Direct Growth

To generate income / capital appreciation through investments in debt and money market instruments. There is no assurance that the investment objective of the Scheme will be achieved.

Minimum Investment and lockin period

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

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
370 people have invested ₹ 24.3L in Kotak Long Duration Fund Direct Growth in the last three months

Kotak Long Duration Fund Direct Growth Overview

Expense ratio0.34%
Benchmark
CRISIL Composite Bond Fund TR INR
AUM₹185 Cr
Inception Date28 February, 2024
Min Lumpsum/SIP₹100/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
29.75%
STCGSelling within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Moderate Risk

Trailing Returns

as on (31-Oct-24)

Period
Kotak Long Duration Fund Direct Growth
Long Duration Index
1M
-0.4%
-0.2%
3M
2.6%
2.2%
6M
7.1%
6.1%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 99.9%

AAA
100%

Sector Allocation

Sep'24

Aug'24

Jul'24

Government
94.2%
Cash Equivalent
5.8%
All changes are between Oct'69 and Dec'69
Parameters
Sep'24
Aug'24
Jul'24
AUM
₹ 125.9 Cr
₹ 125.9 Cr
₹ 104.5 Cr
  • AUM of the fund stands at 125.9 Cr as of Sep'24
  • AUM has remained same between Sep'24 and Aug'24
Cash allocation has gone down from 22.2% to 5.2%
Cash allocation has gone down from 22.2% to 5.2%
Debt allocation has gone up from 77.6% to 94.7%
Debt allocation has gone up from 77.6% to 94.7%

Top Sector in September was Government

Sep'24
Government
94%
Aug'24
Government
78%
  • Debt & Cash

Holdings
Weight%
1M Change
7.34% Govt Stock 2064
7.34% Govt Stock 2064
34.59%
117.4%
7.30 Goi 19062053
7.30 Goi 19062053
28.35%
19.6%
7.25% Govt Stock 2063
7.25% Govt Stock 2063
10.06%
0%
India (Republic of)
India (Republic of)
5.83%
0%
07.18 Goi 24072037
07.18 Goi 24072037
4.48%
16.7%
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Fund House
Kotak Mahindra Asset Management Co Ltd
Total Schemes
Total AUM
₹4.68L Cr
as on 30-Sep-2024
Address
Kotak Mahindra Asset management Company Limited,2nd Floor, 12-BKC, Plot No C-12,G Block, BKC, Bandra (East),Mumbai - 400 051
Phone
91-22-40930000
Website
fundaccops@kotakmutual.com

Kotak Long Duration Fund Direct Growth Highlights

Risk meter
pointer

Moderate Risk

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

About the fund

This fund has delivered returns of 6.14% since inception (28th February 2024)
AUM size ₹185 Cr

AUM size ₹185 Cr

This fund has AUM of ₹185 Cr which is less than its category average of ₹ 2527 Cr
Expense Ratio 0.34%

Expense Ratio 0.34%

This fund has an expense ratio of 0.34% which is less than its category average expense ratio of 0.71%

Frequently Asked Questions for Kotak Long Duration Fund Direct Growth

The current NAV of Kotak Long Duration Fund Direct Growth is ₹10.61 as on 31-Oct-2024.
Existing (Absolute + CAGR) as on 31-Oct-2024.
Kotak Long Duration Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-0.45%
-0.45%
6 Month Returns
7.06%
7.06%
1 Year Returns
0%
0%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
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.
0.34% as on October 2024
₹185 Cr as on October 2024
7.34% Govt Stock 2064(34.59%), 7.30 Goi 19062053(28.35%), 7.25% Govt Stock 2063(10.06%), India (Republic of)(5.83%), 07.18 Goi 24072037(4.48%) as on October 2024
Yield to Maturity is 7 as on October 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 11.93 as on October 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
The Exit load of Kotak Long Duration Fund Direct Growth is 0%