Holdings (438)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| Cash Margin | Unspecified | Cash Margin | 73.61988567% |
| Kotak Money Market Fund Direct-Growth | Unspecified | Mutual Fund | 11.31994469% |
| Kotak Treasury Advantage Fund Direct-Growth | Unspecified | Mutual Fund | 5.43166664% |
| ICICI Bank Ltd | Financial | Equity | 4.94151947% |
| HDFC Bank Ltd | Financial | Equity | 4.46564203% |
| Reliance Industries Ltd | Energy & Utilities | Equity | 3.33630684% |
| Kotak Low Duration Fund Direct-Growth | Unspecified | Mutual Fund | 2.84463981% |
| Axis Bank Ltd | Financial | Equity | 2.04469661% |
| HDFC Bank Limited (15/02/2027) ** # | Financial | Certificate of Deposit | 1.97137404% |
| NTPC Ltd | Energy & Utilities | Equity | 1.75137608% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 6.59% | 7.68% | 6.80% | 7.30% |
| Category Average | 6.13% | 6.80% | 5.60% | NA% |
| Rank Within Category | 10.00% | 1.00% | 2.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.42%
Inclusive of GST
Exit load
Exit load of 0.25% if redeemed within 30 days
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Fund management
Education
Mr. Shah is a Masters in Management Studies (Finance) from Mumbai University.
Experience
Prior to joining Kotak Mahindra Mutual fund, he was associated with Edelweiss Asset Management for more than 8 years as a CoFund manager and Chief dealer in equities segment. He was also associated with Edelweiss securities Ltd. as low risk arbitrage trader for more than 3 years.