Kotak Liquid Fund Daily Direct Reinvestment of Income Dis cum Cap wdrl

Kotak Liquid Fund Daily Direct Reinvestment of Income Dis cum Cap wdrl 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.

1. Kotak Liquid Fund Daily Direct Reinvestment of Income Dis cum Cap wdrl has ₹41224 Cr worth of assets under management (AUM) as on Jun 2025 and is more than category average.
2. The fund has an expense ratio 0.2.
   

Kotak Liquid Fund Daily Direct Reinvestment of Income Dis cum Cap wdrl has given a CAGR return of 5.48% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.28%, 6.86% and 5.41% respectively.

Kotak Liquid Fund Daily Direct Reinvestment of Income Dis cum Cap wdrl has allocated its funds majorly in Financial Services, Cash Equivalent, Corporate, Government. Its top holdings are Bank Of Baroda, Punjab National Bank, HDFC Bank Ltd., Bank of Baroda, National Bank For Agriculture And Rural Development 18-Jun-2025 **

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:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

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 for lump sum payment is INR 100.00 and for SIP is INR 100.00. Kotak Liquid Fund Daily Direct Reinvestment of Income Dis cum Cap wdrl has no lock in period.