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Kotak Dynamic Bond Fund Review with Gulaq

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Kotak Dynamic Bond Fund

About Kotak Dynamic Bond Fund 

It is a debt mutual fund scheme that was launched by Kotak Mahindra mutual fund. Later on, it was introduced to investors on 1st Jan 2013. Currently, the fund is managed by Deepak Agrawal. Also, fund growth is rated moderately low-risk. The minimum SIP investment is INR 1000 & minimum lumpsum investment is INR 5000. Talking about AUM, it is of INR 1205 Cr, and, the latest NAV is of INR 27.75 (dated as of 16th March 2020).   

Investment Objective 

The objective is to maximize returns through active management of a portfolio of debt & money market securities. 

Pros of Kotak Dynamic Bond Fund 

  • Low expense ratio 
  • 1-year returns are higher than the benchmark 
  • 3-year returns are higher than the benchmark 
  • 5-year returns are higher than the benchmark 
  • Exit load is ZERO 

Fund Information & Statistics of Kotak Dynamic Bond Fund 

Here: 

  • Launch Date: It was introduced to its investors on 1st Jan 2013. 
  • Risk Level: Kotak Dynamic Bond Fund is rated moderately low risk with the objective to generate income over a medium-term investment horizon.  
  • RedemptionUnits can be redeemed by repurchase/buyback of the fund house.  
  • Fund Manager: Currently, the fund is managed by Deepak Agarwal. He has been managing since 15th April 2010.  
  • Entry & Exit Load: There is NO entry & exit load with Kotak Dynamic Bond Fund.  

Tax Implications 

In here, the returns are taxed as per the individual’s Income Tax Slab, only if sold before 3 years.  

Top Holdings 

Name  Sector  Instrument  % Assets 
GOI  Sovereign  GOI Sec  15.4% 
GOI  Sovereign  GOI Sec  7.4% 
Reliance Jio Infocomm Ltd.  Communication  NCD  6.8% 
State Bank of India  Financial  Debenture  4.6% 
Power Finance Corpn. Ltd.  Financial  NCD  4.4% 
GOI  Sovereign  GOI Sec  4.1% 
Bank Of Baroda  Financial  Debenture  4.0% 
REC Ltd.  Financial  NCD  3.8% 
LIC Housing Finance Ltd.  Financial  NCD  3.7% 
Sikka Ports and Terminals Ltd.  Energy  Debenture  3.6% 

 

About Kotak Mutual Fund 

Kotak mutual fund is one of the major fund houses in India. It started operation on 23rd June 1998. It is currently headed by Mr. Nilesh Shah, who is the CEO of the Fund house. He has more than two decades of experience in capital markets and market-related investments. The fund house manages an AUM of Rs 161072.40 cr.   

Looking to invest? Hop on to gulaq.com and start investing in direct mutual funds. Furthermore, you can also get in touch: [email protected]    

Furthermore, here: https://customer.gulaq.com/mutual-fund/kotak-dynamic-bond-fund-direct-plan-growth 

Till then, 

Keep Investing! investmentin5minutes

*Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing. 

 

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