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Kotak Mutual Fund

Kotak Mahindra Group - one of the topmost financial service providers in India - was incepted in 1985. Kotak Mahindra Asset Management Company Limited (KMAMC) is the fully owned division of Kotak Mahindra Bank Limited (KMBL) that deals with the asset management segment of Kotak Mahindra Mutual Fund (KMMF). Established in December 1998, KMAMC has a presence in 80 cities in India and currently caters to approximately 7.5 lakh investors through 84 branches. With a vision to become the most trusted and responsible entity in the mutual funds space in India, the company strives to offer unparalleled products to its investors in order to serve their various needs and provide complete customer satisfaction.

Types of Funds Offered by Kotak Mahindra Mutual Fund

The mutual fund schemes offered by Kotak Mahindra Asset Management Company can be broadly categorised in the following 7 types:

  • Equity Funds
  • Liquid Funds
  • Tax Saver Funds
  • Hybrid Funds
  • Debt Funds
  • Exchange-Traded Funds (ETF)
  • Fund of Funds (FOF) Schemes

List of Mutual Fund Schemes by Kotak Mahindra Mutual Fund

While there are 11 types of schemes under equity and 1 scheme under tax saver mutual funds, KMAMC also offers 2 hybrid schemes and 16 debt schemes to its customers based on their specific requirements. Furthermore, 5 fund of fund schemes, 1 liquid scheme, and 7 exchange-traded fund schemes are also available for the investors to choose from. The schemes offered by Kotak Mahindra Asset Management Company are:

Equity funds:

  • Kotak Standard Multicap Fund (erstwhile Kotak Select Focus Fund)
  • Kotak Emerging Equity Scheme
  • Kotak Bluechip Fund (erstwhile Kotak 50)
  • Kotak Equity Opportunities Fund (erstwhile Kotak Opportunities Fund)
  • Kotak Small Cap Fund (erstwhile Kotak Midcap)
  • Kotak India EQ Contra Fund (erstwhile Kotak Classic Equity Fund)
  • Kotak Equity Arbitrage Fund
  • Kotak Equity Savings Fund
  • Kotak Infrastructure & Economic Reform Fund
  • Kotak India Growth Fund Series 4
  • Kotak India Growth Fund Series 5

Tax saver funds:

  • Kotak Tax Saver

Liquid funds:

  • Kotak Mahindra Liquid Scheme (erstwhile Kotak Liquid Scheme)

Hybrid funds:

  • Kotak Equity Hybrid (erstwhile Kotak Balance)
  • Kotak Debt Hybrid (erstwhile Kotak Monthly Income Plan)

Debt funds:

  • Kotak Low Duration Fund
  • Kotak Dynamic Bond Fund (erstwhile Kotak Flexi Debt Scheme)
  • Kotak Bond Short Term Plan
  • Kotak Savings Fund (erstwhile Kotak Treasury Advantage Fund)
  • Kotak Credit Risk Fund (erstwhile Kotak Income Opportunities Fund)
  • Kotak Money Market Scheme (erstwhile Kotak Floater Short Term)
  • Kotak Medium Term Fund
  • Kotak Bond
  • Kotak Mahindra Gilt Unit Scheme - 98 Investment Plan
  • Kotak Banking and PSU Debt Fund
  • Kotak FMP Series
  • Kotak Capital Protection Oriented Scheme - Series I
  • Kotak Capital Protection Oriented Scheme - Series 2
  • Kotak Corporate Bond Fund
  • Kotak Capital Protection Oriented Scheme - Series 3
  • Kotak Capital Protection Oriented Scheme - Series 4

Fund of fund schemes:

  • Kotak Asset Allocator Fund
  • Kotak Gold Fund
  • Kotak World Gold Fund
  • Kotak US Equity Fund
  • Kotak Global Emerging Market Fund

Exchange-traded funds (ETF):

  • Kotak Gold ETF
  • Kotak PSU Bank ETF
  • Kotak SENSEX ETF
  • Kotak Nifty ETF
  • Kotak Banking ETF
  • Kotak NV 20 ETF
  • Kotak INAV

Equity Funds by Kotak Mahindra Mutual Fund

When you enroll for a mutual fund scheme, it is imperative for you to opt for a plan that matches your risk-taking capacities, capitalisation strategies, and specific investment objectives. See the equity schemes offered by KMAMC mentioned below and learn about their specifications to choose the right plan for you. Learn about the equity funds offered by Kotak Mahindra Mutual Fund mentioned in the list below:

  1. Kotak Standard Multicap Fund (erstwhile Kotak Select Focus Fund)
  2. Scheme overview - This is an open-ended equity scheme that invests in small, medium, and large cap stocks. The purchases and redemptions under this scheme are based on the prices related to the applicable Net Asset Value (NAV) of each working day.

    Objective of investment - It aims to generate long-term capital appreciation through a wide portfolio of equity and equity-related securities that are usually focused on select segments as per the market value.

    Target group - This scheme is targeted towards investors who are looking for long-term capital growth.

    Scheme features

    Benchmark Index

    Nifty 200

    Total Expense Ratio (as on 1 April 2018)

    Regular - 2.17%

    Direct - 1%

    Investment Options

    Growth and Dividend

    Minimum Investment

    Initial: Rs.5,000 in multiples of Re.1 for purchase and of Rs.0.01 for switches

    Additional: Rs.1,000 in multiples of Re.1

    Entry Load

    N/A

    Exit Load

    For switches and redemptions (including SIP/STP) before 1 year starting from the date of allotment of units: 1%

    For switches and redemptions (including SIP/STP) after 1 year starting from the date of allotment of units: NIL

    Risk Factor

    Moderately high

    Fund Manager

    Mr. Harsha Upadhyaya

  3. Kotak Emerging Equity Scheme
  4. Scheme overview - This is an open-ended equity scheme that majorly invests in mid cap stocks. The purchases and redemptions under this scheme depend on the applicable NAV for each business day.

    Objective of investment - While the scheme may invest in money market and debt instruments, its main objective is to generate capital appreciation in the long term from a selection of equity and related securities by investing in mid-cap companies.

    Target group - It is suitable for investors who are looking for capital growth in the long term.

    Scheme features

    Benchmark Index

    Nifty Free Float Midcap 100

    Total Expense Ratio (as on 1 April 2018)

    Regular - 2.05%

    Direct - 1.10%

    Investment Options

    Growth and Dividend

    Minimum Investment

    Initial investment: Rs.5,000

    Additional investment: Rs.1,000 in multiples of Re.1

    Entry Load

    N/A

    Exit Load (effective from 20 July 2015)

    For switches and redemptions (including SIP/STP) before 1 year starting from the date of allotment of units: 1%

    For switches and redemptions (including SIP/STP) after 1 year starting from the date of allotment of units: NIL

    Risk Factor

    Moderately high

    Fund Manager

    Mr. Pankaj Tibrewal

  5. Kotak Bluechip Fund (erstwhile Kotak 50)
  6. Scheme overview - This is an open-ended mutual fund scheme wherein the purchases and redemptions are based on the applicable NAV of each business day. This scheme predominantly invests in large-cap stocks.

    Objective of investment - The main objective of this scheme is to generate capital appreciation through an array of equity and equity-related securities by investing in large-cap organisations.

    Target group - It predominantly targets investors who are looking to build their capital during the long term.

    Scheme features -

    Benchmark Index

    Nifty 50

    Total Expense Ratio (as on 1 April 2018)

    Regular - 2.66%

    Direct - 1.15%

    Investment Options

    Growth and Dividend

    Minimum Investment

    Initial investment: Rs.5,000

    Additional investment: Rs.1,000

    Entry Load

    N/A

    Exit Load (effective from 20 July 2015)

    For switches and redemptions (including SIP/STP) before 1 year starting from the date of allotment of units: 1%

    For switches and redemptions (including SIP/STP) after 1 year starting from the date of allotment of units: NIL

    Risk Factor

    Moderately high

    Fund Manager

    Mr. Harish Krishnan

  7. Kotak Equity Opportunities Fund (erstwhile Kotak Opportunities Fund)
  8. Scheme overview - This is an open-ended equity scheme that invests in both mid-cap as well as large-cap stocks from different sectors. The investments are usually made by observing the growth pattern of the stocks and any purchase/redemption under the scheme will be based on the applicable NAV of that particular day.

    Objective of investment - The objective for this plan is to generate capital appreciation through an investment in equity and equity-related securities of a mix of mid-size and large-size companies from various industries.

    Target group - This scheme is suitable for those who want long-term capital growth by investing in medium and large companies.

    Scheme features -

    Benchmark Index

    Nifty 200

    Total Expense Ratio (as on 1 April 2018)

    Regular - 2.67%

    Direct - 1.07%

    Investment Options

    Growth and Dividend

    Minimum Investment

    Initial investment: Rs.5,000

    Additional investment: Rs.1,000 and in multiples of Re.1

    Entry Load

    N/A

    Exit Load

    For switches and redemptions (including SIP/STP) before 1 year starting from the date of allotment of units: 1%

    For switches and redemptions (including SIP/STP) after 1 year starting from the date of allotment of units: NIL

    Risk Factor

    Moderately high

    Fund Manager

    Mr. Harsha Upadhyaya

  9. Kotak Small Cap Fund (erstwhile Kotak Midcap)
  10. Scheme overview - This is an open-ended equity scheme that invests in small-cap stocks. Under this plan, redemptions and purchases are done based on the applicable NAV of that particular day.

    Objective of investment - The objective of this plan is to generate capital appreciation by investing in equity and equity-related securities of small-size companies.

    Target group - This scheme is directed towards investors who want to increase their capital in the long run.

    Scheme features

    Benchmark Index

    Nifty Smallcap 50

    Total Expense Ratio (as on 1 April 2018)

    Regular - 2.82%

    Direct - 1.39%

    Investment Options

    Growth and Dividend

    Minimum Investment

    Initial investment: Rs.5,000

    Additional investment: Rs.1,000 and in multiples of Re.1

    Entry Load

    N/A

    Exit Load

    For switches and redemptions (including SIP/STP) before 1 year starting from the date of allotment of units: 1%

    For switches and redemptions (including SIP/STP) after 1 year starting from the date of allotment of units: NIL

    Risk Factor

    Moderately high

    Fund Manager

    Mr. Pankaj Tibrewal

  11. Kotak India EQ Contra Fund (erstwhile Kotak Classic Equity Fund)
  12. Scheme overview - This guaranteed or assured return mutual fund scheme is an open-ended equity growth scheme that follows contrarian investment strategy. While the allocation of funds under this scheme to equity and related securities ranges from 65% to 100%, the investment of funds in debt and money market securities can vary between 0% to 35% of the total sum.

    Objective of investment - The scheme is intended towards generating capital appreciation in the long run by investing in an array of equities and equity-related securities.

    Target group - This plan is targeted towards investors who seek long-term capital growth.

    Scheme features -

    Benchmark Index

    Nifty 100

    Total Expense Ratio (as on 1 April 2018)

    Regular - 3.07%

    Direct - 1.77%

    Investment Options

    Growth and Dividend

    Minimum Investment

    Initial investment: Rs.5,000

    Additional investment: Rs.1,000 and in multiples of Re.1

    Entry Load

    N/A

    Exit Load (effective from 1 December 2014)

    NIL

    Risk Factor

    Moderately high

    Fund Manager

    Mr. Deepak Gupta

  13. Kotak Equity Arbitrage Fund
  14. Scheme overview - This is an open-ended equity scheme that predominantly invests in the arbitrage opportunities available in the market.

    Objective of investment - The main objective of investment under this scheme is to generate income through investments in arbitrage opportunities in the cash and derivative segment of the equity market as well as through money market and debt instruments.

    Target group - This plan is primarily for investors who are want to grow their capital from the arbitrage opportunities available in the cash and derivative segment of the equity market.

    Scheme features

    Benchmark Index

    Nifty 50 Arbitrage

    Total Expense Ratio (as on 1 April 2018)

    Regular - 0.94%

    Direct - 0.47%

    Investment Options

    Growth and Dividend

    Minimum Investment

    Initial investment: Rs.5,000

    Additional investment: Rs.1,000 and in multiples of Re.1

    Entry Load

    N/A

    Exit Load

    For switches and redemptions (including SIP/STP) before 1 year starting from the date of allotment of units: 0.25%

    For switches and redemptions (including SIP/STP) after 1 year starting from the date of allotment of units: NIL

    Risk Factor

    Moderately low

    Fund Manager

    Mr. Deepak Gupta

  15. Kotak Equity Savings Fund
  16. Scheme overview - This mutual fund scheme is open-ended and invests in arbitrage, equity, and debt. While all purchases and redemptions are subject to the applicable NAV of the particular day, they should also be carried out before 5 business days since the date of the allotment of the unit.

    Objective of investment - It aims at enhancing the capital investment through moderate exposure in equity and equity-related securities along with the cash and derivatives section of the equity market.

    Target group - This scheme is suitable for investors who are looking for long-term capital growth by investing in the arbitrage opportunities of the equity market.

    Scheme features

    Benchmark Index

    Nifty 50 Arbitrage Index -75%

    Nifty 50 Index - 25%

    Total Expense Ratio (as on 1 April 2018)

    Regular - 2.26%

    Direct - 1.66%

    Investment Options

    Growth and Dividend

    Minimum Investment

    Initial investment: Rs.5,000

    Additional investment: Rs.1,000

    Entry Load

    N/A

    Exit Load

    • For switches and redemptions of up to 10% of the initial investment amount to be purchased or switched before 1 year starting from the date of allotment of units: NIL
    • For switches and redemptions of more than the initial investment amount before 1 year starting from the date of allotment of units: 1%
    • For switches and redemptions on or after 1 year from the date of unit allotment: NIL

    Risk Factor

    Moderately high

    Fund Manager

    Mr. Deepak Gupta and Mr. Abhishek Bisen

  17. Kotak Infrastructure & Economic Reform Fund
  18. Scheme overview - This is an open-ended mutual fund scheme that follows the Infrastructure and Economic Reform theme. There are two plans under this scheme - Regular plan and Direct plan. Additionally, this scheme follows the growth and dividend options for payout and reinvestment.

    Objective of investment - The investment objective of this scheme is to help the invested capital grow through investment in equity and equity-related instruments of organisations that help India develop in terms of economy and infrastructure.

    Target group - It is suitable for investors who want capital growth in the long term by investing on companies that work towards economic and infrastructure development in India.

    Scheme features

    Benchmark Index

    Kotak Infrastructure & Economic Reforms Fund benchmark - India Infrastructure Index - customised index prepared by IISL

    Total Expense Ratio (as on 1 April 2018)

    Regular - 2.71%

    Direct - 1.22%

    Investment Options

    Growth and Dividend

    Minimum Investment

    Initial investment: Rs.5,000

    Additional investment: Rs.1,000

    Entry Load

    N/A

    Exit Load

    For switches and redemptions (including SIP/STP) before 1 year starting from the date of allotment of units: 1%

    For switches and redemptions (including SIP/STP) after 1 year starting from the date of allotment of units: NIL

    Please note that the exit load charged under this scheme (excluding Service Tax) will be credited back to the scheme. Additionally, bonus units or units from reinvested dividends do not carry any entry or exit load.

    Risk Factor

    High

    Fund Manager

    Mr. Harish Krishnan

  19. Kotak India Growth Fund Series 4
  20. Scheme overview - This is a close-ended equity scheme with a tenure of 36 months. This plan invests in large-cap, medium-cap, as well as small-cap stocks. The units under this scheme will be listed under the Bombay Stock Exchange (BSE) and can be sold on all days the stock exchange is open for trade. However, the they can be redeemed only after the maturity of the scheme.

    Objective of investment - The objective behind this scheme is to lead to the growth of the capital investment while investing in a portfolio of equity and equity-related securities. This fund can invest in companies from different sectors and with various market capitalisation.

    Target group - This mutual fund scheme usually targets investors who are interested to generate capital through long-term capital growth through investments without any sector or market capitalisation preference.

    Scheme features

    Benchmark Index

    Nifty 200

    Total Expense Ratio (as on 1 April 2018)

    Regular - 2.69%

    Direct - 2.19%

    Investment Options

    Growth and Dividend

    Minimum Application Amount

    Rs.5,000 (the amount should be in multiples of Rs.10 for purchases and switch-ins during new fund offer)

    Entry Load

    N/A

    In case there is any upfront commission on the investment, the amount should be directly paid by the investor to the distributor.

    Exit Load

    NIL

    Risk Factor

    Moderately high

    Fund Manager

    Mr. Harsha Upadhyaya and Mr. Devender Singhal

  21. Kotak India Growth Fund Series 5
  22. Scheme overview - This close-ended multicap fund is available for a tenure of 1099 days and invests across large, medium, and small-cap stocks. While this scheme offers 2 types of investment payouts - Dividend and Growth, the applicable NAV of the options will be different and will be announced separately for the same investment portfolio.

    Objective of investment - The main goal of this scheme to generate capital appreciation by investing in a diverse combination of equity and related instruments of companies from various sectors and with different market capitalisation.

    Target group - This financing scheme majorly targets investors who are looking to grow their investment in the long run by investing in equities and related instruments of various organisations irrespective their operational sector and market capitalisation.

    Scheme features

    Benchmark Index

    Nifty 200

    Total Expense Ratio (as on 1 April 2018)

    Regular - 2.32%

    Direct - 2.12%

    Investment Options

    Growth and Dividend

    Minimum Application Amount

    Rs.5,000 (the amount should be in multiples of Rs.10 for purchases and switch-ins during new fund offer)

    Entry Load

    N/A

    In case there is any upfront commission on the investment, the amount should be directly paid by the investor to the distributor.

    Exit Load

    NIL

    Risk Factor

    Moderately high

    Fund Manager

    Mr. Harsha Upadhyaya and Mr. Harish Krishnan

Tax Saver Fund by Kotak Mahindra Mutual Fund

Opting for the tax saver fund offered by Kotak Mahindra can not only help customers save big in the long run, but also provides tax benefits under Section 80C of the Income Tax Act, 1961 while the investments are being made. The Kotak Tax Saver scheme follows a flexi-cap approach by investing in multiple stocks from various sectors to reduce the associated risk. Furthermore, investors can recognise stock opportunities using the bottom-up selection process along with a top-down thematic overlay.

Kotak Tax Saver

Scheme overview - This an open-ended saving scheme linked to equity that not only offers tax benefits to the investor, but also comes with a statutory lock-in period of 3 years. While all redemptions and purchases under this scheme are subject to the applicable NAV of a particular business day, redemptions can only be done subject to the lock-in period since the day of unit allotment.

Objective of investment - The objective of this investment plan is to help in capital growth by investing in a diverse portfolio of equity and related securities while offering tax benefits as applicable during the particular time period.

Target group - This financing scheme is suitable for investors who are looking for long-term capital growth while saving on tax through investments in equity and equity-related securities.

Scheme features

Benchmark Index

Nifty 500

Total Expense Ratio (as on 1 April 2018)

Regular - 2.65%

Direct - 1.40%

Investment Options

Growth and Dividend

Minimum Investment

Initial investment: Rs.500

Additional investment: Rs.500 and in multiples of Rs.500

Entry Load

N/A

Exit Load

Not applicable

Risk Factor

Moderately high

Fund Manager

Mr. Harsha Upadhyaya

You can find out the tax you will save on a particular investment by using the tax savings calculator available on the official website of Kotak Mahindra Asset Management Company.

Liquid Fund by Kotak Mahindra Mutual Fund

When a customer decides to invest in the liquid fund scheme offered by Kotak Mahindra Mutual Fund, he or she can enjoy a considerable amount of capital growth along with a high level of liquidity. Learn about the details of the Kotak Mahindra Liquid Scheme offered by Kotak Mahindra Mutual Fund mentioned below to find out if this scheme suits your investment requirements or not.

Kotak Mahindra Liquid Scheme (erstwhile Kotak Liquid Scheme)

Scheme overview - This is an open-ended scheme that offers a high level of liquidity by investing in debt and money market schemes of companies with various levels of market capitalisation and different maturities. This will help distribute the associated risk across the debt market. The price of the units under this plan is based on the applicable NAV of each business day.

Objective of investment - The main objective of this investment scheme is to offer a significant amount of returns while offering high-level liquidity. This can be achieved by investing in various debt and money market instruments such as debentures, bonds, government securities, commercial paper, treasury bills, certificate of deposit, etc. This scheme might also invest in the term money/call money market or in offshore securities as per the guideline defined by the Securities and Exchange Board of India (SEBI) or Reserve Bank of India (RBI).

Target group - This scheme primarily targets investors who are looking to grow their capital while enjoying a high level of liquidity with the help of short-term investments in the debt and money market securities.

Scheme features

Benchmark Index

Nifty Liquid Fund Index

Total Expense Ratio (as on 1 April 2018)

Regular - 0.20%

Direct - 0.15%

Investment Options

Growth and Dividend

Minimum Investment

Initial investment: Rs.5,000

Additional investment: Rs.1,000 and in multiples of Re.1

Entry Load

N/A

Exit Load

NIL

Risk Factor

Low

Fund Manager

Mr. Deepak Agrawal

Debt Funds by Kotak Mahindra Mutual Fund

Debt funds, also known as bond funds or income funds, usually invest in fixed money market and debt instruments that provide capital growth. While debt funds carry lower risk compared to other any other type of mutual fund scheme, they also have relatively high liquidity, low cost structure, stable returns, and low volatility. This makes debt funds one of the most preferred options for investors who want to increase their investment at low risk. Check out the debt fund schemes offered by Kotak Mahindra Mutual Fund and choose the one that best fits your capitalisation strategies and investment objectives:

  1. Kotak Low Duration Fund
  2. Scheme overview - This an open-ended debt scheme with a short maturity period. The investments made under this scheme are usually in a portfolio of instruments with the Macaulay duration ranging between 6 months and 12 months. The purchases and redemptions of units under this plan are based on the applicable NAV of the particular business day.

    Objective of investment - The main investment objective of this scheme is to generate capital growth by investing in money market and debt securities with a short maturity period.

    Target group - This investment plan is primarily suitable for investors who are looking for a regular income from the investment for a short span of time.

    Scheme features

    Benchmark Index

    Nifty Low Duration Index

    Total Expense Ratio (as on 1 April 2018)

    Regular - 1.03%

    Direct - 0.28%

    Investment Options

    Growth and Dividend

    Minimum Investment

    Initial investment: Rs.5,000

    Additional investment: Rs.1,000

    Entry Load

    N/A

    Exit Load

    NIL

    Please note that if the investor is charged a exit load then the amount excluding the Service Tax will be credited back to the scheme. Additionally, bonus units and units from dividend reinvestment will not be charged any entry or exit load.

    Risk Factor

    Moderate

    Fund Manager

    Mr. Deepak Agrawal

  3. Kotak Dynamic Bond Fund (erstwhile Kotak Flexi Debt Scheme)
  4. Scheme overview - This is an open-ended dynamic debt fund which usually invests in a diverse portfolio of debt and money market securities for any span of time.

    Objective of investment - The objective of this scheme is to generate the maximum income by properly managing the investments made in an array of money market and debt securities.

    Target group - This scheme is suitable for investors who want to generate capital appreciation by investing in debt and money market securities with a medium term.

    Scheme features

    Benchmark Index

    Nifty Composite Debt Index

    Total Expense Ratio (as on 1 April 2018)

    Regular - 0.94%

    Direct - 0.39%

    Investment Options

    Growth and Dividend

    Minimum Investment

    Initial investment: Rs.5,000

    Additional investment: Rs.1,000 and in multiples of Re.1

    Entry Load

    N/A

    Exit Load

    NIL

    Risk Factor

    Moderately low

    Fund Manager

    Mr. Deepak Agrawal

  5. Kotak Bond Short Term Plan
  6. Scheme overview - This investment plan is open-ended with a short term. Under this scheme, the investments are made in debt and money market securities in a way that the Macaulay duration of the instruments ranges from 1 year to 3 years.

    Objective of investment - The main objective of this financing plan is to help customers earn profits by investing in money market and debt instruments. This can include debentures, treasury bills, bonds, repos of accepted securities of various maturities, government securities, certificates of deposit, commercial papers, etc. This will help mitigate the associated risk across different issuers in the debt market.

    Target group - It is aimed for investors who are looking for capital growth through medium-term investments in the debt and money market wherein the Macaulay duration ranges from 1-3 years.

    Scheme features

    Benchmark Index

    Nifty Short Duration Index

    Total Expense Ratio (as on 1 April 2018)

    Regular - 1.10%

    Direct - 0.25%

    Investment Options

    Growth and Dividend

    Minimum Investment

    Initial investment:

    • For dividend reinvestment and growth - Rs.5,000 or more
    • For dividend payout or monthly dividend - Rs.50,000 and above

    Additional investment: Rs.1,000 and in multiples of Re.1

    Entry Load

    N/A

    Exit Load

    NIL

    Risk Factor

    Moderately low

    Fund Manager

    Mr. Deepak Agrawal

  7. Kotak Savings Fund (erstwhile Kotak Treasury Advantage Fund)
  8. Scheme overview - Investors can invest in this open-ended mutual fund investment scheme for an ultra-short period of time. Under this scheme, the investments are made in such a manner that the Macaulay duration of the instruments is between 3 months and 6 months.

    Objective of investment - The aim of this scheme is to generate capital appreciation by investing in a diverse portfolio of money market and debt instruments to reduce the risk associated with the interest rate under this plan.

    Target group - This plan is predominantly targeted towards investors who are looking earn decent profits over an investment horizon of a short span.

    Scheme features

    Benchmark Index

    Nifty Ultra-Short Term Index

    Total Expense Ratio (as on 1 April 2018)

    Regular - 0.60%

    Direct - 0.25%

    Investment Options

    Growth and Dividend

    Minimum Investment

    Initial investment:

    • For dividend reinvestment and growth - Rs.5,000 or more
    • For dividend payout or weekly dividend - Rs.1 crore and above

    Additional investment: Rs.1,000 and in multiples of Re.1

    Entry Load

    N/A

    Exit Load

    NIL

    Risk Factor

    Moderately low

    Fund Manager

    Mr. Deepak Agrawal

  9. Kotak Credit Risk Fund (erstwhile Kotak Income Opportunities Fund)
  10. Scheme overview - This is an open-ended debt scheme that invests in corporate bonds of businesses that are rated AA or below. However, investors cannot invest in AA+ rated corporate bonds under this plan. With the choice of 2 plans - regular and direct, investors can choose to invest through a distributor or by purchasing/subscribing to a unit directly under this scheme.

    Objective of investment - Its investment objective is to invest in a plethora of debt and money market securities in corporates that have been rated AA or below and lead to capital growth. This scheme also aims to maintain substantial liquidity of an investment.

    Target group - This investment plan is predominantly aimed towards investors who want to generate income through medium-term investment in corporate bonds rated AA or below.

    Scheme features

    Benchmark Index

    CRISIL AA Short Term Bond Index

    Total Expense Ratio (as on 1 April 2018)

    Regular - 1.94%

    Direct - 0.94%

    Investment Options

    Growth and Dividend

    Minimum Investment

    Initial investment: Rs.5,000

    Additional investment: Rs.1,000 and in multiples of Re.1

    Entry Load

    N/A

    Exit Load

    • For switches and redemptions of up to 10% of the initial investment amount to be purchased or switched before 1 year starting from the date of allotment of units: NIL
    • For switches and redemptions of more than the initial investment amount before 1 year starting from the date of allotment of units: 1%
    • For switches and redemptions on or after 1 year from the date of unit allotment: NIL

    Risk Factor

    Moderately low

    Fund Manager

    Mr. Deepak Agrawal

  11. Kotak Money Market Scheme (erstwhile Kotak Floater Short Term)
  12. Scheme overview - This mutual fund scheme is open-ended and invests in money market instruments. The purchase and redemption of units under this scheme is based on the applicable NAV for each business day. While there are 2 types of reinvestment options in this scheme - growth and dividend, the NAV for both the options is different for the same portfolio of investments and will be declared separately.

    Objective of investment - The aim of this investment plan is to generate capital appreciation by making investments in money market instruments with maturity of up to 1 year.

    Target group - This scheme is suitable for investors who want to generate income by investing in money market securities with short-term maturity period.

    Scheme features

    Benchmark Index

    Nifty Money Market Index

    Total Expense Ratio (as on 1 April 2018)

    Regular - 2.05%

    Direct - 1.10%

    Investment Options

    Growth and Dividend

    Minimum Investment

    Initial investment:

    • For growth, weekly dividend, and monthly dividend payout & reinvestment - Rs.5,000
    • For daily dividend reinvestment - Rs.1 lakh

    Additional investment: Rs.1,000 and in multiples of Re.1

    Entry Load

    N/A

    Exit Load

    NIL

    Risk Factor

    Moderately low

    Fund Manager

    Mr. Deepak Agrawal

  13. Kotak Medium Term Fund
  14. Scheme overview - This mutual fund debt scheme is open-ended and primarily invests in a portfolio of instruments with a medium term. The investment under this plan is made in a way that the Macaulay duration of the portfolio of securities ranges from 3 years to 4 years.

    Objective of investment - The objective of this scheme is to earn profit on a regular basis along with capital appreciation through investments in an array of money market and debt instruments. The term of investments made under this scheme is between 3 years and 4 years.

    Target group - This scheme is best suited for investors who want regular income by investing in a medium-term money market, debt, and government securities while the Macaulay duration of the portfolio should be between 3 years and 4 years.

    Scheme features

    Benchmark Index

    Nifty Medium Duration Index

    Total Expense Ratio (as on 1 April 2018)

    Regular - 2.04%

    Direct - 1.02%

    Investment Options

    Growth and Dividend

    Minimum Investment

    Initial investment: Rs.5,000

    Additional investment: Rs.1,000 and in multiples of Re.1

    Entry Load

    N/A

    Exit Load

    • For switches and redemptions of up to 15% of the initial investment amount to be purchased or switched before 18 months starting from the date of allotment of units: NIL
    • For switches and redemptions of more than the initial investment amount before 18 months starting from the date of allotment of units: 2%
    • For switches and redemptions on or after 18 months from the date of unit allotment: NIL

    Risk Factor

    Moderate

    Fund Manager

    Mr. Deepak Agrawal

  15. Kotak Bond
  16. Scheme overview - This is an open-ended scheme that invests in debt and money market instruments for a medium term, so as to ensure that the Macaulay duration of the investment portfolio ranges between 4 years and 7 years. The investors have the option to choose between receiving the sum and re-investing the funds at maturity.

    Objective of investment - The investment objective of this plan is to invest in a combination of different money market and debt instruments such as bonds, government securities, debentures, and repos in acceptable securities with various maturities. This is to ensure that the associated risk during the investment is distributed across different issuers in the market.

    Target group - This mutual fund investment plan is targeted towards investors who are looking to expand their capital investment by investing in long-term money market and debt securities with Macaulay duration ranging from 4-7 years.

    Scheme features

    Benchmark Index

    Nifty Medium to Long Duration Index

    Total Expense Ratio (as on 1 April 2018)

    Regular - 1.94%

    Direct - 0.90%

    Investment Options

    Growth and Dividend

    Minimum Investment

    Initial investment: Rs.5,000

    Additional investment: Rs.1,000 and in multiples of Re.1

    Entry Load

    N/A

    Exit Load

    NIL

    Risk Factor

    Moderate

    Fund Manager

    Mr. Abhishek Bisen

  17. Kotak Mahindra Gilt Unit Scheme - 98 Investment Plan
  18. Scheme overview - It is an open-ended debt scheme that invests in securities issued by the government irrespective of the period of maturity of the instruments. Since the investments under this scheme are made in government securities, the investors are at zero risk of defaulting in terms of the principal or interest payment. In order to meet the liquidity needs of the day, the scheme may invest in other instruments such as reverse repos that are permitted by RBI, Collateralized Borrowing and Lending Obligation (CBLO), etc. However, investors can remain assured that the scheme will not invest in any securities issued by any other entity to ensure that the funds of the unitholders are safe.

    Objective of investment - The main objective of this financing plan is to generate profit without any risk by investing in the following:

    • Sovereign securities that are issued by the Central and/or State Government
    • Securities that are guaranteed by the Indian Government without any condition

    Target group - This scheme is suitable for investors who are planning to expand their investment without any risk by investing in long-term sovereign securities including reverse repos that have been issued by the State and/or State Government. Scheme features

    Benchmark Index

    Nifty All Duration G-Sec Index

    Total Expense Ratio (as on 1 April 2018)

    Regular - 1.44%

    Direct - 0.44%

    Investment Options

    Growth and Dividend

    Minimum Investment

    Initial investment: Rs.5,000

    Additional investment: Rs.1,000 and in multiples of Re.1

    Entry Load

    For regular plan: N/A

    For PF and trust plan: N/A

    Exit Load

    For regular plan: NIL

    For PF and trust plan: NIL

    Risk Factor

    Moderate

    Fund Manager

    Mr. Abhishek Bisen

  19. Kotak Banking and PSU Debt Fund
  20. Scheme overview - This is an open-ended debt fund scheme that invests in debt instruments of banks, public financial institutions, public-sector undertakings, etc. as well as in municipal bonds. Investors can choose between the growth and dividend options to receive the matured amount or reinvest it.

    Objective of investment - The investment objective of this scheme is to generate capital appreciation by investing in money market and debt securities as well as reverse repos that have been issued by a bank, public financial institution (PFI), and public-sector undertaking (PSU) along with municipal bonds. Under this scheme, the investor can also choose to invest in sovereign securities issued by the State or Central Government, reverse repos of the securities applicable to this scheme, and securities that have been guaranteed by the Indian Government without any condition.

    Target group - It is primarily suited for investors who are looking for a short to medium-term investment plan that invests in various money market and debt securities of banks, government securities, municipal bonds, public-sector undertakings, and public financial institutions.

    Scheme features

    Benchmark Index

    CRISIL Banking and PSU Debt Index

    Total Expense Ratio (as on 1 April 2018)

    Regular - 0.50%

    Direct - 0.15%

    Investment Options

    Growth and Dividend

    Minimum Investment

    Initial investment: For dividend reinvestment, dividend payout and growth: Rs.5,000 or more

    Additional investment: Rs.1,000 and in multiples of Re.1

    Entry Load

    N/A

    Exit Load

    NIL

    Risk Factor

    Moderately low

    Fund Manager

    Mr. Deepak Agrawal

  21. Kotak FMP Series Learn about the details regarding the active Kotak FMP Series funds in the table mentioned below:
  22. Name of Scheme

    Type of Scheme

    Maturity

    Benchmark

    Load Structure

    Exchange Listed

    Initial Offer

    Risk Factor

    Kotak FMP Series 108

    Close-ended debt scheme

    733 days

    CRISIL Short Term Bond Index

    Exit load: NIL

    Bombay Stock Exchange

    Rs.10 per unit

    Low risk

    Kotak FMP Series 113

    Close-ended debt scheme

    1094 days

    CRISIL Short Term Bond Index

    Exit load: NIL

    Bombay Stock Exchange

    Rs.10 per unit

    Low risk

    Kotak FMP Series 115

    Close-ended debt scheme

    370 days

    CRISIL Short Term Bond Index

    Exit load: NIL

    Bombay Stock Exchange

    Rs.10 per unit

    Low risk

    Kotak FMP Series 116

    Close-ended debt scheme

    370 days

    CRISIL Short Term Bond Index

    Exit load: NIL

    Bombay Stock Exchange

    Rs.10 per unit

    Low risk

    Kotak FMP Series 127

    Close-ended debt scheme

    730 days

    CRISIL Short Term Bond Index

    Exit load: NIL

    Bombay Stock Exchange

    Rs.10 per unit

    Low risk

    Kotak FMP Series 131

    Close-ended debt scheme

    1061 days

    CRISIL Short Term Bond Index

    Exit load: NIL

    Bombay Stock Exchange

    Rs.10 per unit

    Low risk

    Kotak FMP Series 136

    Close-ended debt scheme

    376 days

    CRISIL Short Term Bond Index

    Exit load: NIL

    Bombay Stock Exchange

    Rs.10 per unit

    Low risk

    Kotak FMP Series 145

    Close-ended debt scheme

    390 days

    CRISIL Short Term Bond Fund Index

    Exit load: NIL

    Bombay Stock Exchange

    Rs.10 per unit

    Low risk

    Kotak FMP Series 146

    Close-ended debt scheme

    388 days

    CRISIL Short Term Bond Fund Index

    Exit load: NIL

    Bombay Stock Exchange

    Rs.10 per unit

    Low risk

    Kotak FMP Series 147

    Close-ended debt scheme

    384 days

    CRISIL Short Term Bond Fund Index

    Exit load: NIL

    Bombay Stock Exchange

    Rs.10 per unit

    Low risk

    Kotak FMP Series 157

    Close-ended debt scheme

    370 days

    CRISIL Short Term Bond Fund Index

    Exit load: NIL

    Bombay Stock Exchange

    Rs.10 per unit

    Low risk

    Kotak FMP Series 171

    Close-ended debt scheme

    1099 days

    CRISIL Composite Bond Fund Index

    Exit load: NIL

    National Stock Exchange (and other stock exchanges as well)

    Rs.10 per unit

    Low risk

    Kotak FMP Series 172

    Close-ended debt scheme

    1126 days

    CRISIL Composite Bond Fund Index

    Exit load: NIL

    National Stock Exchange (and other stock exchanges as well)

    Rs.10 per unit

    Low risk

    Kotak FMP Series 175

    Close-ended debt scheme

    1100 days

    CRISIL Composite Bond Fund Index

    Exit load: NIL

    National Stock Exchange (and other stock exchanges as well)

    Rs.10 per unit

    Low risk

    Kotak FMP Series 176

    Close-ended debt scheme

    1100 days

    CRISIL Composite Bond Fund Index

    Exit load: NIL

    National Stock Exchange (and other stock exchanges as well)

    Rs.10 per unit

    Moderate risk

    Kotak FMP Series 178

    Close-ended debt scheme

    1099 days

    CRISIL Composite Bond Fund Index

    Exit load: NIL

    National Stock Exchange (and other stock exchanges as well)

    Rs.10 per unit

    Moderate risk

    Kotak FMP Series 179

    Close-ended debt scheme

    1099 days

    CRISIL Composite Bond Fund Index

    Exit load: NIL

    National Stock Exchange (and other stock exchanges as well)

    Rs.10 per unit

    Moderate risk

    Kotak FMP Series 180

    Close-ended debt scheme

    1099 days

    CRISIL Composite Bond Fund Index

    Exit load: NIL

    National Stock Exchange (and other stock exchanges as well)

    Rs.10 per unit

    Moderate risk

    Kotak FMP Series 181

    Close-ended debt scheme

    1252 days

    CRISIL Composite Bond Fund Index

    Exit load: NIL

    National Stock Exchange (and other stock exchanges as well)

    Rs.10 per unit

    Moderate risk

    Kotak FMP Series 182

    Close-ended debt scheme

    1102 days

    CRISIL Composite Bond Fund Index

    Exit load: NIL

    National Stock Exchange (and other stock exchanges as well)

    Rs.10 per unit

    Moderate risk

    Kotak FMP Series 183

    Close-ended debt scheme

    1204 days

    CRISIL Composite Bond Fund Index

    Exit load: NIL

    National Stock Exchange (and other stock exchanges as well)

    Rs.10 per unit

    Moderate risk

    Kotak FMP Series 185

    Close-ended debt scheme

    1176 days

    CRISIL Composite Bond Fund Index

    Exit load: NIL

    National Stock Exchange (and other stock exchanges as well)

    Rs.10 per unit

    Moderate risk

    Kotak FMP Series 186

    Close-ended debt scheme

    1176 days

    CRISIL Composite Bond Fund Index

    Exit load: NIL

    National Stock Exchange (and other stock exchanges as well)

    Rs.10 per unit

    Moderate risk

    Kotak FMP Series 187

    Close-ended debt scheme

    1146 days

    CRISIL Composite Bond Fund Index

    Exit load: NIL

    National Stock Exchange (and other stock exchanges as well)

    Rs.10 per unit

    Moderate risk

    Kotak FMP Series 189

    Close-ended debt scheme

    1154 days

    CRISIL Composite Bond Fund Index

    Exit load: NIL

    National Stock Exchange (and other stock exchanges as well)

    Rs.10 per unit

    Moderate risk

    Kotak FMP Series 190

    Close-ended debt scheme

    1142 days

    CRISIL Composite Bond Fund Index

    Exit load: NIL

    National Stock Exchange (and other stock exchanges as well)

    Rs.10 per unit

    Moderately low risk

    Kotak FMP Series 191

    Close-ended debt scheme

    1120 days

    CRISIL Composite Bond Fund Index

    Exit load: NIL

    National Stock Exchange (and other stock exchanges as well)

    Rs.10 per unit

    Moderately low risk

    Kotak FMP Series 192

    Close-ended debt scheme

    1100 days

    CRISIL Composite Bond Fund Index

    Exit load: NIL

    National Stock Exchange (and other stock exchanges as well)

    Rs.10 per unit

    Moderate risk

    Kotak FMP Series 193

    Close-ended debt scheme

    1098 days

    CRISIL Composite Bond Fund Index

    Exit load: NIL

    National Stock Exchange (and other stock exchanges as well)

    Rs.10 per unit

    Moderate risk

    Kotak FMP Series 194

    Close-ended debt scheme

    1099 days

    CRISIL Composite Bond Fund Index

    Exit load: NIL

    National Stock Exchange (and other stock exchanges as well)

    Rs.10 per unit

    Moderate risk

    Kotak FMP Series 196

    Close-ended debt scheme

    1099 days

    CRISIL Composite Bond Fund Index

    Exit load: NIL

    National Stock Exchange (and other stock exchanges as well)

    Rs.10 per unit

    Moderate risk

    Kotak FMP Series 199

    Close-ended debt scheme

    1147 days

    CRISIL Composite Bond Fund Index

    Exit load: NIL

    National Stock Exchange (and other stock exchanges as well)

    Rs.10 per unit

    Moderate risk

    Kotak FMP Series 200

    Close-ended debt scheme

    1158 days

    CRISIL Composite Bond Fund Index

    Exit load: NIL

    National Stock Exchange (and other stock exchanges as well)

    Rs.10 per unit

    Moderate risk

    Kotak FMP Series 202

    Close-ended debt scheme

    1144 days

    CRISIL Composite Bond Fund Index

    Exit load: NIL

    National Stock Exchange (and other stock exchanges as well)

    Rs.10 per unit

    Moderate risk

    Kotak FMP Series 203

    Close-ended debt scheme

    1100 days

    CRISIL Composite Bond Fund Index

    Exit load: NIL

    National Stock Exchange (and other stock exchanges as well)

    Rs.10 per unit

    Moderate risk

    Kotak FMP Series 204

    Close-ended debt scheme

    1141 days

    CRISIL Composite Bond Fund Index

    Exit load: NIL

    National Stock Exchange (and other stock exchanges as well)

    Rs.10 per unit

    Moderate risk

    Kotak FMP Series 210

    Close-ended debt scheme

    1127 days

    CRISIL Composite Bond Fund Index

    Exit load: NIL

    National Stock Exchange (and other stock exchanges as well)

    Rs.10 per unit

    Moderate risk

    Kotak FMP Series 212

    Close-ended debt scheme

    1260 days

    CRISIL Composite Bond Fund Index

    Exit load: NIL

    National Stock Exchange (and other stock exchanges as well)

    Rs.10 per unit

    Moderate risk

    Kotak FMP Series 213

    Close-ended debt scheme

    1230 days

    CRISIL Composite Bond Fund Index

    Exit load: NIL

    National Stock Exchange (and other stock exchanges as well)

    Rs.10 per unit

    Moderate risk

    Kotak FMP Series 214

    Close-ended debt scheme

    1240 days

    CRISIL Composite Bond Fund Index

    Exit load: NIL

    Bombay Stock Exchange (and other stock exchanges as well)

    Rs.10 per unit

    Moderate risk

    Kotak FMP Series 215

    Close-ended debt scheme

    1240 days

    CRISIL Composite Bond Fund Index

    Exit load: NIL

    Bombay Stock Exchange (and other stock exchanges as well)

    Rs.10 per unit

    Moderate risk

    Kotak FMP Series 216

    Close-ended debt scheme

    1240 days

    CRISIL Composite Bond Fund Index

    Exit load: NIL

    Bombay Stock Exchange (and other stock exchanges as well)

    Rs.10 per unit

    Moderate risk

    Kotak FMP Series 217

    Close-ended debt scheme

    1239 days

    CRISIL Composite Bond Fund Index

    Exit load: NIL

    Bombay Stock Exchange (and other stock exchanges as well)

    Rs.10 per unit

    Moderate risk

    Kotak FMP Series 218

    Close-ended debt scheme

    92 days

    CRISIL Ultra Short Term Debt Index

    Exit load: NIL

    Bombay Stock Exchange (and other stock exchanges as well)

    Rs.10 per unit

    Moderate risk

    Kotak FMP Series 219

    Close-ended debt scheme

    1173 days

    CRISIL Composite Bond Fund Index

    Exit load: NIL

    Bombay Stock Exchange (and other stock exchanges as well)

    Rs.10 per unit

    Moderate risk

    Kotak FMP Series 220

    Close-ended debt scheme

    1150 days

    CRISIL Composite Bond Fund Index

    Exit load: NIL

    Bombay Stock Exchange (and other stock exchanges as well)

    Rs.10 per unit

    Moderate risk

    Kotak FMP Series 221

    Close-ended debt scheme

    1140 days

    CRISIL Composite Bond Fund Index

    Exit load: NIL

    Bombay Stock Exchange (and other stock exchanges as well)

    Rs.10 per unit

    Moderate risk

    Kotak FMP Series 223

    Close-ended debt scheme

    1153 days

    CRISIL Composite Bond Fund Index

    Exit load: NIL

    Bombay Stock Exchange (and other stock exchanges as well)

    Rs.10 per unit

    Moderate risk

    Kotak FMP Series 224

    Close-ended debt scheme

    1150 days

    CRISIL Composite Bond Fund Index

    Exit load: NIL

    Bombay Stock Exchange (and other stock exchanges as well)

    Rs.10 per unit

    Moderate risk

    Kotak FMP Series 225

    Close-ended debt scheme

    1128 days

    CRISIL Composite Bond Fund Index

    Exit load: NIL

    Bombay Stock Exchange (and other stock exchanges as well)

    Rs.10 per unit

    Moderate risk

    Kotak FMP Series 226

    Close-ended debt scheme

    1470 days

    CRISIL Composite Bond Fund Index

    Exit load: NIL

    Bombay Stock Exchange (and other stock exchanges as well)

    Rs.10 per unit

    Moderate risk

    Kotak FMP Series 227

    Close-ended debt scheme

    95 days

    CRISIL Ultra Short Term Debt Index

    Exit load: NIL

    Bombay Stock Exchange (and other stock exchanges as well)

    Rs.10 per unit

    Moderately low risk

    Kotak FMP Series 228

    Close-ended debt scheme

    1141 days

    CRISIL Composite Bond Fund Index

    Exit load: NIL

    Bombay Stock Exchange (and other stock exchanges as well)

    Rs.10 per unit

    Moderate risk

    Kotak FMP Series 229

    Close-ended debt scheme

    95 days

    CRISIL Ultra Short Term Debt Index

    Exit load: NIL

    Bombay Stock Exchange (and other stock exchanges as well)

    Rs.10 per unit

    Moderately low risk

    Kotak FMP Series 230

    Close-ended debt scheme

    1140 days

    CRISIL Composite Bond Fund Index

    Exit load: NIL

    Bombay Stock Exchange (and other stock exchanges as well)

    Rs.10 per unit

    Moderate risk

    Kotak FMP Series 231

    Close-ended debt scheme

    95 days

    CRISIL Ultra Short Term Debt Index

    Exit load: NIL

    Bombay Stock Exchange (and other stock exchanges as well)

    Rs.10 per unit

    Moderately low risk

    Kotak FMP Series 232

    Close-ended debt scheme

    1137 days

    N/A

    Exit load: NIL

    Bombay Stock Exchange (and other stock exchanges as well)

    Rs.10 per unit

    Moderate risk

    Kotak FMP Series 233

    Close-ended debt scheme

    1140 days

    CRISIL Ultra Short Term Debt Index

    Exit load: NIL

    Bombay Stock Exchange (and other stock exchanges as well)

    Rs.10 per unit

    Moderate risk

    Kotak FMP Series 234

    Close-ended debt scheme

    1162 days

    CRISIL Composite Bond Fund Index

    Exit load: NIL

    Bombay Stock Exchange (and other stock exchanges as well)

    Rs.10 per unit

    Moderate risk

    Kotak FMP Series 235

    Close-ended debt scheme

    1140 days

    CRISIL Composite Bond Fund Index

    Exit load: NIL

    Bombay Stock Exchange (and other stock exchanges as well)

    Rs.10 per unit

    Moderate risk

    Kotak FMP Series 236

    Close-ended debt scheme

    95 days

    CRISIL Ultra Short Term Debt Index

    Exit load: NIL

    Bombay Stock Exchange (and other stock exchanges as well)

    Rs.10 per unit

    Moderately low risk

    Please note that there are 110 Kotak FMP Series schemes that have already matured. You can check the details about these plans on the official website of Kotak Mahindra Asset Management Company.

  23. Kotak Capital Protection Oriented Scheme - Series I
  24. Scheme overview - This is a close-ended scheme that aims to offer capital protection while generating returns. Listed on the Bombay Stock Exchange (BSE), the duration of this scheme is 1101 days. While investors can sell their units under this scheme on all business days of the BSE, they cannot redeem the units with Kotak Mahindra Mutual Fund until the scheme has matured.

    Objective of investment - The purpose of this scheme is to offer investors capital protection by investing a part of the portfolio in highly acclaimed debt securities along with money market instruments. The rest of the investment portfolio is invested in equity and equity-related securities to generate capital appreciation.

    Target group - This scheme is targeted towards investors who are looking for capital protection while generating profits by the end of the fund tenure through investments in money market and debt instruments along with equity and related securities.

    Scheme features

    Benchmark Index

    CRISIL Composite Bond Fund Index (80%) and CNX Nifty (20%)

    Total Expense Ratio (as on 1 April 2018)

    Regular - 2.43%

    Direct - 1.93%

    Investment Options

    Growth and Dividend

    Minimum Investment

    Initial investment: For purchase and switch-ins Rs.5,000 and in multiples of Rs.10

    Entry Load

    N/A

    Exit Load

    NIL

    Risk Factor

    Moderately low

    Fund Manager

    Mr. Abhishek Bisen (to manage the debt segment)

    Mr. Deepak Gupta (to manage the equity segment)

  25. Kotak Capital Protection Oriented Scheme - Series 2
  26. Scheme overview - This capital protection-oriented scheme is close-ended and matures after 1099 days starting from the date of allotment of units. While the units under this scheme are listed under BSE and can be sold on all trading days of the stock exchange, the redemption of the units with Kotak Mahindra Mutual Fund can only be done after the maturity of the scheme.

    Objective of investment - The main objective of this scheme is to offer capital appreciation to the investors by investing part of the portfolio in equity and related securities. Additionally, this scheme also provides capital protection through investment of the rest of the portfolio in money market instruments and debt securities.

    Target group - This investment plan is best suited for investors who seek capital generation during the fund tenure and capital protection when the scheme has matured through investments in equity and related instruments as well as in money market and debt instruments.

    Scheme features

    Benchmark Index

    CRISIL Composite Bond Fund Index (80%) and Nifty 50 (20%)

    Total Expense Ratio (as on 1 April 2018)

    Regular - 2.47%

    Direct - 1.97%

    Investment Options

    Growth and Dividend

    Minimum Investment

    For purchases and switches: Rs.5,000 and in multiples of Rs.10

    Entry Load

    N/A

    Exit Load

    NIL

    Risk Factor

    Moderately low

    Fund Manager

    Mr. Abhishek Bisen for managing the debt segment, and Mr. Deepak Gupta for managing the equity segment for the scheme

  27. Kotak Corporate Bond Fund
  28. Scheme overview - This is an open-ended debt scheme that majorly invests in corporate bonds of businesses rated AA+ and above. The redemptions and purchases under this scheme are based on the applicable NAV of the particular business day.

    Objective of investment - The investment objective of this mutual fund investment plan is to earn profits through investments in money market and debt securities throughout the yield curve. While this scheme allows investors to invest in corporate securities for AA+ rated companies, it also helps maintain reasonable liquidity within the fund.

    Target group - This scheme is suitable for investors who are looking for a short-term investment plan that offers regular income through investments in fixed income securities with various maturity periods. This plan predominantly invests in corporate bonds of AA+ rated and above companies.

    Scheme features

    Benchmark Index

    CRISIL Corporate Bond Index

    Total Expense Ratio (as on 1 April 2018)

    Regular - 0.55%

    Direct - 0.25%

    Investment Options

    Growth and Dividend

    Minimum Investment

    Initial investment: Rs.5,000

    Additional investment: Rs.1,000

    Entry Load

    N/A

    Exit Load

    NIL

    Risk Factor

    Moderately low

    Fund Manager

    Mr. Deepak Agrawal

  29. Kotak Capital Protection Oriented Scheme - Series 3
  30. Scheme overview - This close-ended, capital protection-oriented scheme comes with a maturity period of 1148 days, starting from the date of unit allotment.

    Objective of investment - The objective of this investment plan is to secure capital protection by investing part of the portfolio in acclaimed debt securities along with money market instruments. Furthermore, investors can use this scheme to generate capital appreciation as well through investment of the balance portfolio in equity and related securities.

    Target group - This scheme is well-suited for investors who want to increase their investment capital during the tenure of the fund and protect it after maturity. Using this scheme, investors can not only generate returns by investments in money market and debt instruments, but can also help their capital grow by investing in equity and related instruments.

    Scheme features

    Benchmark Index

    CRISIL Composite Bond Fund Index (80%) and CNX Nifty (20%)

    Total Expense Ratio (as on 1 April 2018)

    Regular - 2.52%

    Direct - 1.90%

    Investment Options

    Growth and Dividend

    Minimum Investment

    For purchases and switches: Rs.5,000 and in multiples of Rs.10

    Entry Load

    N/A

    Exit Load

    NIL

    Risk Factor

    Moderately low

    Fund Manager

    Mr. Abhishek Bisen for managing the debt segment, and Mr. Deepak Gupta for managing the equity segment for the scheme

  31. Kotak Capital Protection Oriented Scheme - Series 4
  32. Scheme overview - This close-ended scheme is capital protection-oriented and matures after 1102 days from the date of allotment of the units. The units under this scheme are listed under BSE, and can be redeemed and/or purchased subject to the applicable NAV of the business day.

    Objective of investment - The objective of this investment plan is to offer capital protection to the investors by investing part of the portfolio in the highest-rated money market instruments and debt securities. Furthermore, under this scheme, investors can also generate capital appreciation by investing the remainder of the portfolio in equity and related securities.

    Target group - This scheme is suitable for investors who not only want to generate regular income during the fund tenure, but are also looking for the benefits of capital protection at the maturity of the fund. This can be achieved by investing in equity and related securities along with money market and debt instruments.

    Scheme features

    Benchmark Index

    CRISIL Composite Bond Fund Index (80%) and CNX Nifty (20%)

    Total Expense Ratio (as on 1 April 2018)

    Regular - 2.55%

    Direct - 2.05%

    Investment Options

    Growth and Dividend

    Minimum Investment

    For purchases and switches: Rs.5,000 and in multiples of Rs.10

    Entry Load

    N/A

    Exit Load

    NIL

    Risk Factor

    Moderately low

    Fund Manager

    Mr. Abhishek Bisen for managing the debt segment, and Mr. Deepak Gupta for managing the equity segment for the scheme

Hybrid Funds by Kotak Mahindra Mutual Fund

While there are numerous funds available in the market that invest in various asset classes, hybrid mutual funds allow the investors to invest in two or more asset classes. More commonly known as asset allocation funds, hybrid funds invest in a combination of stocks and bonds to help investors achieve their investment objectives without having to invest in multiple schemes. Check out the hybrid schemes offered by Kotak Mahindra Mutual Fund and choose the right plan for yourself based on your specific investment objectives, risk-taking capacity, and capitalisation strategy.

  1. Kotak Equity Hybrid (erstwhile Kotak Balance)
  2. Scheme overview - This is an open-ended hybrid mutual fund scheme that primarily invests in a portfolio of equity and equity-related instruments. The redemptions and purchases under this plan are subject to the applicable NAV of each working day.

    Objective of investment - The objective of this investment scheme is to build credit through investments in equity and equity-related instruments which is balanced with income generation using investments in money market and debt instruments.

    Target group - This scheme is targeted towards investors who are looking for sizeable returns in the long term through balanced investment in equity and related securities along with money market and debt instruments.

    Scheme features

    Benchmark Index

    NIFTY 50 Hybrid Composite Debt 70:30 Index

    Total Expense Ratio (as on 1 April 2018)

    Regular - 2.39%

    Direct - 0.89%

    Investment Options

    Growth and Dividend

    Minimum Investment

    Initial investment: Rs.5,000

    Additional investment: Rs.1,000 and in multiples of Re.1

    Entry Load

    N/A

    Exit Load

    • For switches and redemptions of up to 10% of the initial investment amount to be purchased or switched before 1 year starting from the date of allotment of units: NIL
    • For switches and redemptions of more than the initial investment amount before 1 year starting from the date of allotment of units: 1%
    • For switches and redemptions on or after 1 year from the date of unit allotment: NIL

    Risk Factor

    Moderately high

    Fund Manager

    Mr. Pankaj Tibrewal and Mr. Abhishek Bisen

  3. Kotak Debt Hybrid (erstwhile Kotak Monthly Income Plan)
  4. Scheme overview - This mutual fund hybrid scheme is open-ended and invests primarily in debt instruments. While this scheme features 2 investment options - growth and dividend, the redemption and purchase of units under this plan is based on the applicable NAV for the day.

    Objective of investment - The investment objective of this plan is to generate regular returns along with capital appreciation by investing in debt instruments. This scheme also provides moderate exposure in equity and related instruments which will further enhance the returns of the investment using various hedging products and derivatives approved by SEBI.

    Target group - This scheme is suited for investors who want income along with capital growth in the long run through investment in debt instruments along with moderate exposure in equity and related instruments.

    Scheme features

    Benchmark Index

    CRISIL MIP Blended Index

    Total Expense Ratio (as on 1 April 2018)

    Regular - 2.77%

    Direct - 1.14%

    Investment Options

    Growth and Dividend

    Minimum Investment

    Initial investment: Rs.10,000

    Additional investment: Rs.1,000 and in multiples of Re.1

    Entry Load

    N/A

    Exit Load

    • For switches and redemptions of up to 10% of the initial investment amount to be purchased or switched before 1 year starting from the date of allotment of units: NIL
    • For switches and redemptions of more than the initial investment amount before 1 year starting from the date of allotment of units: 1%
    • For switches and redemptions on or after 1 year from the date of unit allotment: NIL

    Risk Factor

    Moderate

    Fund Manager

    Mr. Devender Singhal and Mr. Abhishek Bisen

Fund of Funds by Kotak Mahindra Mutual Fund

Also known as multi-manager investment, fund of funds is an investment scheme wherein a fund invests in other funds instead of stocks, bonds, or any other type of securities to achieve the investment objective of the investor. These types of funds are generally suited for investors who want greater exposure with less amount of risks as opposed to investments in any securities. Learn about the details of all the fund of fund schemes offered by Kotak Mahindra Mutual Fund to choose the best one for yourself according to your uniquej investment objective and risk-taking capacity along the capitalisation opportunities available.

  1. Kotak Asset Allocator Fund
  2. Scheme overview - This open-ended fund of fund scheme predominantly invests in select open-ended debt and equity schemes of Kotak Mahindra Mutual Fund. The redemptions and purchases under this scheme are subject to the applicable NAV of each business day. Customers have the flexibility to choose whether they want to make investments through a distributor or not by opting for either of the two types of plans under this scheme - regular and direct. The portfolio of both plans will not be segregated.

    Objective of investment - The main objective of this investment plan is to generate income in the long term by investing in a mix of select open-ended debt and equity mutual fund schemes of Kotak Mahindra Mutual Fund.

    Target group - This scheme is apt for investors who are looking for long-term capital growth by investing in a diverse portfolio of open-ended debt and equity schemes of Kotak Mahindra Mutual Fund.

    Scheme features

    Benchmark Index

    Nifty Hybrid 50+50 Balanced Index

    Total Expense Ratio (as on 1 April 2018)

    Regular - 2.25%

    Direct - 1.12%

    Investment Options

    Growth and Dividend

    Minimum Investment

    Initial investment: Rs.5,000

    Additional investment: Rs.1,000 and in multiples of Re.1

    Entry Load

    N/A

    Exit Load

    • For switches and redemptions irrespective of the investment amount before 1 year starting from the date of allotment of units: 1%
    • For switches and redemptions irrespective of the investment amount after 1 year from the date of unit allotment: NIL

    Risk Factor

    Moderately high

    Fund Manager

    Mr. Deepak Gupta

  3. Kotak Gold Fund
  4. Scheme overview - This an open-ended scheme whose performance is measured against the price of physical gold. Using this scheme, investors will be able to generate returns similar to a gold investment under the direct or regular plan without having to buy any physical gold. The redemption and purchase of units under this plan is based on the applicable NAV of each business day.

    Objective of investment - The investment objective of this scheme is to earn profits through investment in the units of Kotak Gold Exchange Traded Fund.

    Target group - This investment plan is suitable for investors who want to generate capital appreciation over medium to long term equivalent to an investment in physical gold. Please note that this scheme is subject to tracking error.

    Scheme features

    Benchmark Index

    Physical Gold Price

    Total Expense Ratio (as on 1 April 2018)

    Regular - 0.70%

    Direct – 0.25%

    Investment Options

    Growth and Dividend

    Minimum Investment

    Initial investment: Rs.5,000

    Additional investment: Rs.1,000 and in multiples of Re.1

    Entry Load

    N/A

    Exit Load

    • For switches and redemptions before 6 months starting from the date of allotment of units: 2%
    • For switches and redemptions after 6 months and before 1 year from the date of allotment of units: 1%
    • For switches and redemptions on or after 1 year from the date of unit allotment: NIL

    Risk Factor

    Moderately high

    Fund Manager

    Mr. Abhishek Bisen

  5. Kotak World Gold Fund
  6. Scheme overview - This fund of fund scheme is open-ended and primarily invests in units of Falcon Gold Equity Fund or similar international mutual fund schemes. The redemption/purchase of units under this scheme is subject to the applicable NAV of the working day.

    Objective of investment - The main objective of this investment plan is to generate capital appreciation in the long run by investing in the units of Falcon Gold Equity Fund. Investors might also be able to invest in similar overseas mutual fund schemes, units of liquid or debt schemes of mutual funds, and debt or money market securities to meet the liquidity requirements of the scheme.

    Target group - This scheme is targeted towards investors who want to increase their invested capital in the long term through investments in units of Falcon Gold Equity Fund. This fund further invests the money in overseas securities of companies that produce, process, and market gold.

    Scheme features

    Benchmark Index

    Financial Times Gold Mines Total - Price Index

    Total Expense Ratio (as on 1 April 2018)

    Regular - 2.30%

    Direct - 1.27%

    Investment Options

    Growth and Dividend

    Minimum Investment

    Initial investment: Rs.5,000

    Additional investment: Rs.1,000

    Entry Load

    N/A

    Exit Load

    • For switches and redemptions irrespective of the investment amount before 1 year starting from the date of allotment of units: 1%
    • For switches and redemptions irrespective of the investment amount after 1 year from the date of unit allotment: NIL

    Please note that if the investor has to pay any exit load under this plan the amount excluding the Service Tax will be credited back to the scheme.

    Risk Factor

    High

    Fund Manager

    Mr. Deepak Gupta

  7. Kotak US Equity Fund
  8. Scheme overview - This open-ended fund of fund scheme predominantly invests in businesses that have products, assets, or operations in the United States. Investors can opt for either the growth or the dividend investment option to receive the matured amount or reinvest it further.

    Objective of investment - The investment objective of this scheme is to allow for capital growth in the long term by investing in the units of funds that will further invest in equity and related securities of businesses that have operations, products, or assets in the United States.

    Target group - This plan is apt for investors who are looking for long-term capital growth using investments in units of PineBridge US Large Cap Research Enhanced Fund. This fund then further invests in equity and related securities of businesses that have products, operations, or assets in the United States.

    Scheme features

    Benchmark Index

    Standard & Poor's 500 Total Return Net Index

    Total Expense Ratio (as on 1 April 2018)

    Regular - 1.40%

    Direct - 0.65%

    Investment Options

    Growth and Dividend

    Minimum Investment

    Initial investment: Rs.5,000

    Additional investment: Rs.1,000

    Entry Load

    N/A

    Exit Load

    • For switches and redemptions before 1 year starting from the date of allotment of units: 1%
    • For switch-outs and redemptions after 1 year from the date of unit allotment: NIL

    Please note that any exit load charged under this scheme (except Service Tax) will be credited back to the scheme.

    Risk Factor

    High

    Fund Manager

    Mr. Deepak Gupta

  9. Kotak Global Emerging Market Fund
  10. Scheme overview - This open-ended fund of fund scheme invests in overseas mutual fund schemes that further invest in securities from emerging markets across the globe. While this scheme features 2 investment options - growth and dividend, the customers can further choose between payout and reinvestment options in case they select the dividend option.

    Objective of investment - The investment objective of this investment plan is to generate capital growth in the long term by investing in an overseas mutual fund scheme which will then invest the corpus in an array of securities in global emerging markets. These securities will have to be approved by SEBI.

    Target group - This plan is well-suited for investors who are looking for long-term capital growth by investing in international mutual fund schemes that will further invest the amount in a diverse portfolio of securities in emerging markets across the globe.

    Scheme features

    Benchmark Index

    MSCI Emerging Market index

    Total Expense Ratio (as on 1 April 2018)

    Regular - 2.00%

    Direct - 1.40%

    Investment Options

    Growth and Dividend

    Minimum Investment

    Initial investment: Rs.5,000

    Additional investment: Rs.1,000 and in multiples of Re.1

    Entry Load

    N/A

    Exit Load

    • For switch-outs and redemptions before 1 year starting from the date of allotment of units: 1%
    • For switch-outs and redemptions after 1 year from the date of unit allotment: NIL

    Risk Factor

    High

    Fund Manager

    Mr. Deepak Gupta and Mr. Abhishek Bisen

Exchange-Traded Funds (ETF) by Kotak Mahindra Mutual Fund

Unlike the other types of mutual fund schemes, an exchange-traded fund or ETF is a marketable security which tracks bonds, commodities, indices, or an array of assets such as index fund. While these schemes trade like a stock exchange, the prices under an ETF change frequently in line with the purchases and sales throughout the day. These schemes carry lower transaction and management costs, higher liquidity, and better tax efficiency compared to the other mutual fund plans making them one of the most preferred option for individual investors. Learn about the ETF schemes offered by Kotak Mahindra Mutual Fund and choose the best plan that will match your risk-taking capacity along with investment objective.

  1. Kotak Gold ETF
  2. Scheme overview - This open-ended investment plan tracks the price of physical gold in the market. Under this scheme, all investors such as large investors, authorised participants, and other investors can choose to sell their units on the stock exchange wherein they are enlisted on all business days. This plan will repurchase units from large investors as well as authorised participants on any trading day of the stock exchange with the condition that the value of the units offered for repurchase is more than the size of the creation unit.

    Objective of investment - The primary objective of this scheme is to generate capital appreciation in line with the returns of an investment made in physical gold. While this plan benchmarks its performance against the landed or imported price of physical gold based on the formula put in place by SEBI as per Gazette Notification on 20 December, 2006, it is subject to tracking errors.

    Target group - This scheme is suitable for investors who want returns over medium to long term in line with physical gold. This plan is subject to tracking errors.

    Scheme features

    Benchmark Index

    Physical Gold

    Total Expense Ratio (as on 1 April 2018)

    Regular - 1.00%

    Direct - N/A

    Investment Options

    N/A

    Exchange Symbol

    KOTAKGOLD

    Minimum Investment

    10 units (10 units of Kotak Gold ETF is around 1 gram of gold)

    Creation size

    10,000 units and in multiples thereof

    Exchange Traded

    National Stock Exchange and Bombay Stock Exchange

    Risk Factor

    Moderately high

    Fund Manager

    Mr. Abhishek Bisen

  3. Kotak PSU Bank ETF
  4. Scheme overview - This is an open-ended scheme that replicates its returns by tracking the Nifty PSU Bank Index. Under this plan, all investors such as large investors, authorised participants, and any other investors might choose to sell their units on the stock exchange wherein the units are listed on all days open for trading. This scheme will repurchase units from large investors and authorised participants on any business day based on the condition that the units available for repurchase are not less than the size of the creation unit. Furthermore, the redemption consideration should be the securities that are represented by Nifty PSU Bank Index and must carry the same weightage as the cash component as well as the Index.

    Objective of investment - The objective of this scheme is to offer capital growth that matches the total returns of Nifty PSU Bank Index. While this plan can be subject to tracking errors, all purchase and sale of units by investors under this scheme, except large investors and authorised participants, will be done on the stock exchange wherein the units are listed. The NAV contains a reference value for investors which is useful for authorised participants while providing quotes on the stock exchange.

    Target group - This investment plan is ideal for investors who are seeking long-term capital growth with the help of investments made in stocks in line with the underlying index while striving to track the benchmark index.

    Scheme features

    Benchmark Index

    Nifty PSU Bank Index

    Total Expense Ratio (as on 1 April 2018)

    Regular - 0.49%

    Direct - N/A

    Investment Options

    N/A

    Exchange Symbol

    KOTAKPSUBK

    Pricing

    1/10th of the value of CNX PSU Bank Index

    Creation Size

    10,000 units and in multiples thereof

    Exchange Traded

    National Stock Exchange and Bombay Stock Exchange

    Risk Factor

    High

    Fund Manager

    Mr. Deepak Gupta

  5. Kotak SENSEX ETF
  6. Scheme overview - Replicating the S&P BSE Sensex Index, this open-ended scheme generates long-term capital appreciation. Under this scheme, all investors such as large investors, authorised participants, and other investors can choose to sell their units on the stock exchange wherein the units are listed. While the sale and repurchase of the units can be done on any trading day of the stock exchange, this scheme will repurchase units from large investors and authorised participants on the condition that the value of the units offered is not less than the size of the creation unit. Additionally, the redemption consideration should be the securities that are represented by BSE Sensex and must carry the same weightage as the cash component as well as the Index.

    Objective of investment - The objective of this investment plan is to provide capital growth corresponding to the total returns of the BSE SENSEX. While the units under this scheme are listed under BSE, the purchase and sale of units by all investors except large investors and authorised participants will be done on the stock exchange. The NAV of the units has a reference value which helps authorised participants provide quotes on the stock exchange. Please note that this plan can be subject to tracking errors.

    Target group - This plan is apt for investors who are looking to generate returns in the long run by investing in stocks in line with the underlying index and aims to track the benchmark index.

    Scheme features

    Benchmark Index

    S&P BSE SENSEX

    Total Expense Ratio (as on 1 April 2018)

    Regular - 0.25%

    Direct - N/A

    Investment Options

    N/A

    Exchange Symbol

    KTKSENSEX

    Pricing (per unit)

    1/100th of SENSEX

    Creation Size

    10,000 units and in multiples thereof

    Exchange Traded

    Bombay Stock Exchange

    Risk Factor

    Moderately high

    Fund Manager

    Mr. Deepak Gupta

  7. Kotak Nifty ETF
  8. Scheme overview - This an open-ended scheme that tracks or replicates the Nifty 50 Index to offer long-term capital growth to the investors. Under this plan, all investors including large investors, authorised participants, and other investors can choose to sell their units on the stock exchange wherein the units are enlisted. The repurchase and sale of units under this plan can be carried out on all trading days of the stock exchange. The mutual fund can repurchase units from large investors and authorised participants on the condition that the value of the unit offered should be more than the size of the creation unit. In addition, the redemption consideration should be the securities that are represented by Nifty 50 and must carry the same weightage as the cash component as well as the Index.

    Objective of investment - The objective of this scheme is to offer returns before expenses corresponding to the total returns of an investment in Nifty 50. This plan is subject to tracking errors. While the units of this scheme are listed under NSE and BSE, all sale and purchase of units can be done by investors, except large investors and authorised participants, in line with the stock exchange. There is a reference value of NAV for investors which can be used by authorised participants while providing quotes on the stock exchange.

    Target group - This scheme is ideal for investors who are looking to generate returns in the long term through investment in stocks subject to the underlying index and aims to track the benchmark index.

    Scheme features

    Benchmark Index

    Nifty 50

    Total Expense Ratio (as on 1 April 2018)

    Regular - 0.10%

    Direct - NA

    Investment Options

    N/A

    Exchange Symbol

    KOTAKNIFTY

    Pricing (per unit)

    1/10th of the value of S&P Nifty

    Creation Size

    10,000 units and in multiples thereof

    Exchange Traded

    National Stock Exchange

    Risk Factor

    Moderately high

    Fund Manager

    Mr. Deepak Gupta

  9. Kotak Banking ETF
  10. Scheme overview - This open-ended scheme generates returns while tracking or replicating the Nifty Bank Index. Under this investment plan, sale and repurchase of units can be carried out on all business days of the stock exchange wherein the units are listed. This mutual fund can repurchase the units from large investors and authorised participants provided that the value of the units should exceed the creation unit size. The redemption consideration should be the securities that are represented by Nifty Bank Index and must carry the same weightage as the cash component in addition to the Index. The investment option available under Kotak Banking ETF is the dividend payout option.

    Objective of investment - The main objective of this investment plan is to offer returns based on the capital invested in line with the total returns of an investment made on the stocks as represented by the Nifty Bank Index. The investors should bear in mind that this scheme is subject to tracking errors. While the units under this plan are listed on NSE, all investors except authorised participants and large investors can sell and purchase their units on the stock exchange. The NAV of these units carry a reference value that can aid authorised participants while providing quotes on the stock exchange.

    Target group - This investment scheme is ideal for investors who are looking for capital growth in the long term while investing in stock in line with the underlying index and aims to replicate the benchmark index.

    Scheme features

    Benchmark Index

    Nifty Bank Index

    Total Expense Ratio (as on 1 April 2018)

    Regular - 0.20%

    Direct - N/A

    Investment Options

    Dividend

    Pricing

    1/100th of the value of CNX Bank Index

    Creation Size

    15,000 units

    Exchange Traded

    National Stock Exchange

    Risk Factor

    High

    Fund Manager

    Mr. Deepak Gupta

  11. Kotak NV 20 ETF
  12. Scheme overview - The Kotak NV 20 ETF is an open-ended scheme that tracks or replicates the Nifty PSU Bank Index. Under this investment plan, all investors - including authorised participant, large investors, and any other investors - are eligible to repurchase or sell their units on all trading days of the stock exchange on which the units are enlisted. This mutual fund scheme can repurchase units from large investors and authorised participants only if the value of units is not less than the size of the creation unit. Furthermore, the redemption consideration is generally the securities that are represented by Nifty PSU Bank Index and must carry the same weightage as in the Index as well as the cash component.

    Objective of investment - The fundamental objective of this scheme is to generate returns on the investment that corresponds to the total returns of investments made in Nifty PSU Bank Index. The units of this scheme are listed on NSE and all investors, with the exception of large investors and authorised participants, can purchase and sell the units on the stock exchange. While this plan is subject to tracking errors, the NAV of the units under this scheme has a reference value for investors that can be used by authorised participants to offer quotes on the stock exchange.

    Target group - This scheme is ideal for investors who are looking for capital appreciation in the long run by investing in stocks in line with the underlying index and aims to track the benchmark index.

    Scheme features

    Benchmark Index

    Nifty 50 Value 20 Index

    Total Expense Ratio (as on 1 April 2018)

    Regular - 0.05%

    Direct - N/A

    Pricing

    1/100th of the value NV20 Index

    Entry Load

    N/A

    Exit Load

    NIL

    Risk Factor

    Moderately high

    Fund Manager

    Mr. Deepak Gupta

    It is to be noted that Kotak Mahindra Mutual Fund does not offer any guarantee or assurance that the investment objective of any of the schemes will be achieved.

Eligibility Criteria for Kotak Mahindra Mutual Funds

Find out whether you are eligible to invest in Kotak Mahindra Mutual Funds by checking out the list containing the eligibility criteria mentioned below:

  • Adult individuals residing in India (Please note that the number of co-applicants cannot exceed 3 in case of joint applications)
  • Non-resident Indians (NRIs) or Persons of Indian Origin (PIO) residing overseas on full repatriation or non-repatriation basis
  • Corporates and businesses that are registered in India
  • Partners of a partnership firm
  • Parents and legal guardians of minor individuals
  • Public-sector undertakings (PSUs)
  • Statutory or public corporations that have general or specific permission from the State or Central Government of India
  • Co-operative and registered societies that have permission to invest in mutual fund units
  • Public financial institutions defined under the Companies Act, 2013
  • Hindu Undivided Families (HUFs)
  • Trustees of private trusts whose deeds authorise investments in mutual fund schemes
  • Charitable and religious trusts under the provisions of 11(5) of the Income Tax Act, 1961 read with Rule 17C of the Income Tax Rules, 1962
  • Universities and educational institutions
  • Banking organisations including regional rural banks and co-operative banks
  • Financial and investment institutions
  • Industrial and scientific research organisations
  • Foreign portfolio investors
  • Incorporated or unincorporated associations of persons or body of individuals
  • Foreign institutional investors (FIIs) or sub-accounts of FIIs that are registered with Securities and Exchange Board of India (SEBI)
  • Air force, navy, army, or paramilitary units and other similar institutions that are eligible
  • International multilateral agencies that are approved by the Indian Government
  • Pension, provident, gratuity, and such other funds subject to the investment conditions outlined by the scheme
  • Other mutual fund schemes registered with SEBI
  • Other schemes of Kotak Mahindra Mutual Fund as and when the limits and conditions for investment as prescribed in the SEBI regulations and/or by the trustee, sponsor, or asset management company are met

Documents Required to Invest in Kotak Mahindra Mutual Fund

When applying for a mutual fund scheme at Kotak Mahindra Mutual Fund, it is imperative that the investor holds an active bank account and complies with the Know Your Customer (KYC) guidelines outlined by the company. To apply for a mutual fund scheme, you will have to provide self-attested copies of the following documents:

  • Duly filled application form
  • Recent passport-size photograph
  • PAN proof
  • KYC allotment letter

If the investor is a company, partnership firm, trust, society, NRI or PIO, foreign institutional investor (FII), or constituted attorney, the following documents might also be required in addition to the documents mentioned above:

  • Authorisation or resolution to invest
  • Memorandum and articles of association
  • List of authorised signatories with specimen signature(s)
  • Partnership deed
  • Trust deed
  • Bye-laws
  • Account debit or foreign inward remittance certificate from the remitting bank
  • Notarised power of attorney

In order to complete the KYC process, investors will have to submit self-attested copies of the documents mentioned below along with the original documents for verification:

  • Duly filled application form
  • Recent passport-size photograph
  • Proof of identity such as Passport, Voter’s ID Card, Driving License, Aadhaar Card, letter with attested photograph from a gazetted officer, or any identity card issued by the State/Central Government,Public Sector Undertakings (PSUs), Public Financial Institutions, Statutory/Regulatory Authorities, Scheduled Commercial Banks, etc.
  • Proof or address such as Voter’s ID, Aadhaar Card, Driving License, Passport, utility bills not older than 2 months from the date of application, bank account or post office savings bank account statement, etc.

How to Invest in Kotak Mahindra Mutual Fund Online?

In Kotak Mahindra Mutual Fund, investors have the option to choose from different modes using which they can invest in a mutual fund scheme.

  • By submitting physical transaction requests offline
  • Through a financial advisor
  • By logging in the online investment portal of Kotak Asset Management Company
  • With the help of a stock exchange platform
  • Investment using WhatsApp, Email, Fax, SMS, etc.

Investors can follow the steps mentioned below to invest in a scheme by Kotak Mahindra Mutual Fund through the online mode:

  • Firstly, you will have to visit the official website of the fund house at https://assetmanagement.kotak.com/
  • Locate the button named ‘Login to invest’ present on the homepage and then click it
  • You will be redirected to the online investment portal of the fund house
  • There are four investment options available under ‘Invest Now’ - Lumpsum, SIP, Zero Balance Folio, and Minor Investments
  • Choose the type of investment you are planning to make and click on the corresponding button
  • You will be redirected to the respective page to register yourself
  • Enter all the required details including your phone number and click on ‘Submit’
  • You will receive an OTP on the mobile number that you enter
  • Enter the OTP and click on ‘Confirm’
  • You will then be able to invest in the selected type of investment plan
  • Existing users will be able to login and invest using their Username and Password/Folio number and PIN

Why Choose Kotak Mahindra Mutual Fund?

There are numerous reasons why you should choose to invest in a Kotak Mahindra Mutual Fund scheme.

  • Kotak Mahindra Group is one of the oldest and most trusted financial service providers with a consolidated net worth of Rs.34,443 crore as on 30 June 2016.
  • Customers can have the benefit of choosing from more than 1,000 schemes that represent over 21 asset management companies (AMCs) for mutual fund unit purchases.
  • Investors can redeem their mutual fund units anytime they want to and can opt to reinvest or exit the scheme if they wish to.
  • Investors can monitor their portfolio on their mutual funds portfolio every month. They can also view the status of any transaction that is made.
  • Kotak Mahindra Mutual Fund provides regular updates on SIP installments and due dates along with value-added features.
  • Investors can transfer the proceeds of their mutual funds to/from their bank accounts as well as mutual fund ledger.
  • Customers have the option to choose from various types of mutual fund schemes - equity, debt, liquid, tax saver, hybrid, fund of fund, and ETF featuring direct and regular plans.
  • In order to help customers earn maximum profit, the portfolios under KMMF are managed by experienced and professional fund managers.
  • For the convenience of the investors, this financial organisation allows paperless transactions that customers can carry out any time of the day and from anywhere.
  • The entire process of making an investment is quick and efficient.
  • KMMF also ensures complete privacy of all the investments made.

Kotak Mahindra Mutual Fund FAQs

  1. Is it compulsory to have a demat account in order to invest in a mutual fund?
  2. While not all mutual fund schemes mandate that the investor should have a demat account, there are certain schemes such as ETFs wherein the allocations are done in the demat mode. Hence, if an investor wants to invest in such a scheme then he or she should have a Demat Account which has to be linked to his/her trading account.

  3. What are the different types of mutual fund schemes?
  4. Depending on the maturity period, mutual funds can be of 3 types - Open-ended scheme, Close-ended scheme, and Interval scheme.

    Based on the investment objectives, there are 6 types of mutual funds - Equity/growth funds, Debt/income funds, Balanced funds, Liquid or money market funds, Gilt funds, and Index funds.

  5. What is Net Asset Value (NAV)?
  6. The Net Asset Value is the cumulative market or fair value of the securities under a scheme which is subject to change on a daily basis since the market value of securities changes every day. The formula to calculate NAV is given below: NAV = (Market or fair value of the investment of the scheme) + (Current assets in addition to accrued income) - (Current provisions and liabilities including accrued expenses)/Number of outstanding units under the scheme

    The mutual fund scheme has to disclose the applicable NAV on a regular basis - weekly or daily, based on the type of scheme.

  7. Are non-resident Indians (NRIs) eligible to invest in a mutual fund scheme?
  8. Yes, Kotak Mahindra Mutual Fund allows NRIs to invest in mutual fund schemes. However, such investors must fulfil the eligibility criteria for NRIs outlined by the company and might have to provide some additional documents in order to prove the same. The necessary details regarding the same are mentioned in the offer documents of the schemes.

  9. Will I have to pay any additional fees when investing through the online mode?
  10. No, investors opting to invest through the online mode will not be charged with any extra fees.

  11. How can I get in touch with the customer care team of Kotak Mahindra Asset Management Company?
  12. Investors can call the friendly and knowledgeable customer care team of Kotak Mahindra Mutual Fund at 1800 222 626 (toll-free number) and +91-22-61152100. Investors can also choose to write at: Kotak Mahindra Asset management Company 6th Floor, Kotak Towers, Building No: 21 Infinity Park, Off Western Express Highway

    Goregaon - Mulund Link Road

    Malad (East) , Mumbai - 400 097

    Fax Number - +91-22-67082213

  13. Who are not eligible to invest in Kotak Mahindra Mutual Fund schemes?
  14. The schemes under Kotak Mahindra Mutual Fund will not accept subscriptions from residents of Canada and U.S. However, this rule is not applicable if the candidate is a non-resident Indian (NRI) or Person of Indian Origin (PIO) and is present in India at the time of the investment. Furthermore, NRI and PIO investors will have to submit a physical transaction request in addition to any other document and declaration as prescribed by Kotak Mahindra Trustee Company and Kotak Mahindra Asset Management Company. The company will accept such an investment in line with the applicable terms and conditions it has already outlined and the investor will be responsible to comply with the applicable laws in order to be eligible for such investments.

  15. What is a third-party payment and does Kotak Mahindra Asset Management Company accept third-party cheques?
  16. Third-party payment is a payment made using instruments issued from an account that is not held by the beneficiary investor. When a payment is made using a joint account, but the first holder of the mutual fund folio isn’t one of the joint holders of the bank account through which the payment is made, then it is also considered to be a third-party payment. Kotak Mahindra Asset Management Company does not accept third-party payments or cheques. However, this rule is not applicable under the following circumstances:

    • When a payment of less than Rs.50,000 (regular purchase or SIP installment) is made by parents, grandparents, or any other related persons on behalf of a minor investor as a gift or token of love and affection
    • If the payment has been made by the employer of the beneficiary investor on behalf of his/her employee under lump sum investment or SIP through payroll deductions
    • In case the investment is made by a custodian on behalf of a client or Foreign Institutional Investor (FII)
  17. What are the transaction charges levied by the Kotak Mahindra Asset Management Company? In accordance with SEBI Circular No. Cir/ IMD/ DF/13/ 2011 dated August 22, 2011, a minimum transaction charge of Rs.10,000 per subscription is allowed to be paid to the distributors of the Kotak Mahindra Mutual Fund products. However, the following conditions should be met in terms of the transaction charge:
    • Existing investors across all mutual fund schemes have to pay Rs.100 as transaction charge to the distributor for every subscription of Rs.10,000 and above.
    • First-time investors across all mutual fund schemes have to pay Rs.150 as transaction charge to the distributor for every subscription of Rs.10,000 and above.
    • Kotak Mahindra Asset Management Company is liable to deduct the transaction charge along with the applicable statutory levies from the subscription amount and will pay to the distributor. The balance amount will, then, be invested in the respective scheme.
    • In case of SIPs, the investor will have to pay a transaction charge only if the total commitment through SIPs amounts to Rs.10,000 and above. In such a case, the transaction charge will be recovered in the first 3/4 successful installments.
  18. When will I not have to pay the transaction charges levied by Kotak Mahindra Asset Management Company?
  19. Investors can be exempted from the transaction charges under the following conditions:

    • If the transaction carried out is not a purchase or subscription such as Switch/Systematic Transfer Plan (STP), Dividend Transfer Plan (DTP), etc.
    • If the purchase or subscription has been carried out directly with the fund without any ARN code
    • If the transaction has been carried out through the stock exchange platforms
  20. What is repurchase price?
  21. The price at which a close-ended scheme repurchases its units is known as repurchase price. If the exit load charged by the fund is zero, the repurchase price will be equal to the NAV. However, if an exit load is levied, the repurchase price will become lower than the NAV.

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GST rate of 18% applicable for all financial services effective July 1, 2017.

News About Kotak Mahindra Bank Mutual Fund

  • Kotak Mutual Fund Urges Investors To Find Opportunities in Small and Mid Cap Funds

    Kotak Mutual Fund’s Equity Fund Manager and Senior Vice President, Pankaj Tibrewal, has urged investors to look for opportunities in small and midcap markets as the rewards they offer can be quite handsome in the long term. Tibrewal spoke to CNBC-TV18, saying that investors must concentrate on companies whose management is good, and companies whose credentials and business models have been flourishing over the past few years. He also said that investors who find businesses that have recorded fundamental growth should consider deploying their money in them.

    4 July 2018

  • Kotak Bluechip Fund’s performance not on par with peers in its category

    The Kotak Bluechip Fund, an offering by Kotak Mutual Fund has recorded a 9.92% 10-year return over the years, outperforming its benchmark index Nifty 50 by 8.51%. However, when compared with its category average of 10.38%, the returns are not on par. Over the last decade, the fund has underperformed many of its peers. Kotak Bluechip Fund is an equity scheme that invests in equities of large cap companies and has an average Assets Under Management (AUM) of Rs.1350.02 crore. The fund is managed by Mr. Harish Krishnan and maintains a strict large cap tilt.

    The fund follows the approach of investing in businesses with a growth potential higher than its benchmark index. It prefers investing in companies with strong brands and which are less prone to recessions. In recent years, the performance of the fund has slipped down and is damaging its risk-return profile.

    13 June 2018

  • Kotak Bluechip Fund as an investment opportunity

    Kotak Bluechip Fund which was earlier known as Kotak 50 predominantly makes investments in multi-cap equity instruments while also contributing a small part of its corpus in debt and cash securities. Though it mainly picks the heavyweight indexes, the rest of its portfolio comprises of various stocks outside the index. But unfortunately, this fund is not considered as a potential investment option anymore because of its underperformance over the past decade. Owing to its poor performance over its competitors since past few years, its risk-return profile is low compared to that of its competitors. Even though it has outperformed the benchmark index (8.51%), it has underperformed the average of this category (10.38%). Its overall performance slippage over a few years is the reason that it is no more in the list of the top mutual fund category leaders in India. As a result of its continuously poor track record, the investors are not very keen on making investments in this equity fund offered by Kotak Mahindra Mutual Fund. According to the mutual fund advisors, investors should consider investing in other similar types of funds until the Kotak Bluechip fund regains its performance stability.

    11 June 2018

  • Small Fund houses not behind when it comes to paying high remuneration to their CEO’s

    Top executives of small fund houses like IDFC MF, Kotak Mahindra MF, and Invesco MF are enjoying higher paychecks than their peers of larger fund houses. Though the Assets Under Management (AUM) of Invesco only recorded Rs.26,203 crore in its fourth quarter, its CEO, Saurabh M Nanavati drew a salary of Rs.7.5 crore in 2017-18. The salary of the CEO of IDFC MF, Vishal Kapoor, on the other hand, was hiked to 2.8 times during the same period.

    The CEO of ICICI Prudential Mutual Fund, the largest fund house in India, Nimesh Shah draws only Rs.5.4 crore as remuneration despite the AUM of the company standing at more than Rs.3 lakh crore during the fourth quarter of FY2018. Prashant Jain, the CIO of HDFC Mutual Fund, remains to be the highest paid executive in the mutual fund industry.

    22 May 2018

  • Kotak Mutual Fund open to inorganic growth: CIO Lakshmi Iyer

    With its average Assets Under Management (AUM) doubling over the last 2 years, Kotak Mutual Fund (KMF) is now ready to embrace inorganic growth. This statement was made by Lakshmi Iyer, CIO of Kotak Mahindra Asset Management Company in response to a query on if the firm will choose an inorganic route to scale up its business. She further revealed that at the moment there is no such proposal and that the emphasis of the fund house is not to just chalse AUMs but to grow the equity and debt sides of the business. On the basis of AUM, Kotak Mutual Fund is ranked 7th in the mutual fund market and in the SIPs, its market share is little below 10%.

    16 May 2018

  • India Growth Fund Series II introduced by Kotak Mahindra Mutual Fund

    Kotak Mahindra Mutual Fund launched their latest product called the India Growth Fund Series II this is growth scheme which is close ended. The new fund offer opened on 22nd September and closes on 6th October, with a minimum subscription of Rs. 5,000 there will be no entry or exit load with this scheme. The objective of the scheme is to capital appreciation generation from equity & equity related instruments

    25 September 2015

  • New scheme launched by Kotak Mahindra MF

    Kotak Mahindra Mutual Fund introduced a new close-ended scheme i.e. the Kotak Capital Protection Oriented Scheme – Series 1. This is an income scheme, the NFO for which will be open between Sept.7 – 21. Investments will be target protection of capital by largely investing in very safe debt securities and a small portion in equity.

    Key features of this scheme are the absence of loads on entry or exit from the scheme and a minimum investment of Rs.5,000 for first-time purchase of units. The scheme’s performance will be benchmarked against the following indices – CRISIL Composite Bond Fund Index and CNX Nifty.

    10 September 2015

  • New FMP from Kotak Mahindra Mutual Fund

    Kotak Mahindra Mutual Fund launched a new income scheme called the Kotak FMP Series 179. This is a fixed income scheme that aims to get returns by investing in the debt and money market. The instruments so invested in will be those with maturities that either match the fund’s maturity or are less than the fund’s maturities.

    The NFO for this scheme will remain open from Sept.9 2015 until September 12, 2015. Initial investments will have to be Rs.5,000.

    Managed by Deepak Agarwal, the fund’s performance will be benchmarked against the CRISIL Composite Bond Fund Index.

    10 September 2015

GST rate of 18% applicable for all financial services effective July 1, 2017.

Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

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