About Kotak Asset Allocator Fund Direct - Dividend Payout
Kotak Asset Allocator Fund Direct - Dividend Payout is a Balanced
mutual fund scheme from Kotak Mahindra Mutual Fund
. This scheme was launched on 01 Jan 2013 and is currently managed by its fund managers Devender Singhal
and Arjun Khanna
. It has an AUM of ₹49.79 Crores and the latest NAV decalared is ₹91.620 as on 04 Jul 2020 at 9:08 pm.
Kotak Asset Allocator Fund Direct - Dividend Payout scheme return performance in last 1 year is 9.91%, in last 3 years is 24.91% and 146.77% since scheme launch. The min. SIP amount to invest in this scheme is ₹1000.
About Fund Category
Conservative Hybrid Funds invest between 75% and 90% of their total assets in debt securities and the remaining in equity and equity related instruments. Investors who have a moderately high risk appetite and who want equity exposure may consider these funds to earn higher returns than pure debt funds.