Debt
Direct
Index Funds - Fixed Income
NAV as on 07-11-2024
₹ 11.7
Inception Returns
5.9%
/yr
Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund Direct Growth is a debt fund. This fund was started on 18 February, 2022. The fund is managed by Abhishek Bisen. This fund is suitable to keep your money safe.
Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund Direct Growth has given a CAGR return of 5.94% since inception. Over the last 1 year the fund has given a CAGR return of 8.96%.
Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund Direct Growth has allocated its funds majorly in Government, Cash Equivalent. Its top holdings are 07.86 KA Sdl 2027, 07.59 KA Sdl 2027, 07.59 Ka Sdl 2027mar, 07.59 GJ Sdl 2027, 07.62 Up SDL 2027
As it is a index funds - fixed income 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.
The investment objective of the scheme is to track the Nifty SDL Apr 2027 Top 12 Equal Weight Index by investing in SDLs, maturing on or before Apr 2027, subject to tracking errors. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund Direct Growth has no lock in period.
Expense ratio | 0.2% |
Benchmark | IISL Nifty SDL Apr 2027 Top 12 EW TR INR |
AUM | ₹8068 Cr |
Inception Date | 18 February, 2022 |
Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 0.1% |
Lock In | No Lock-in |
TurnOver | 9.92% |
STCG | Selling within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
Risk | Moderate Risk |
as on (07-Nov-24)
as on (31-Dec-69)
Top Sector in September was Government
Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.53% | 0.53% |
6 Month Returns | 4.48% | 4.48% |
1 Year Returns | 8.96% | 8.96% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
AAA | 100 |