Holdings (382)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| Kotak Money Market Fund Direct-Growth | NA | Mutual Fund | 11.31611244% |
| Kotak Liquid - Plan A - Direct Plan-Growth | NA | Mutual Fund | 7.27859425% |
| HDFC Bank Ltd. | Financial | Equity | 6.92674301% |
| Kotak Savings Fund Direct-Growth | NA | Mutual Fund | 5.63436432% |
| ICICI Bank Ltd. | Financial | Equity | 2.89982653% |
| Reliance Industries Ltd. | Energy | Equity | 2.50272663% |
| JSW Steel Ltd. | Metals & Mining | Equity | 1.99004957% |
| Kotak Low Duration Fund - Standard Plan - Direct Plan | NA | Mutual Fund | 1.8110131% |
| Bharti Airtel Ltd. | Communication | Equity | 1.7986161% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 1.57550826% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 7.00% | 7.85% | 6.77% | 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: 0.44%
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.