About Kotak Bond Short Term Plan Direct-Dividend Monthly
Kotak Bond Short Term Plan Direct-Dividend Monthly is a Debt
mutual fund scheme from Kotak Mahindra Mutual Fund
. This scheme was launched on 01 Jan 2013 and is currently managed by its fund manager Deepak Agrawal
. It has an AUM of ₹9,787.86 Crores and the latest NAV decalared is ₹12.097 as on 18 Oct 2019 at 9:45 pm.
Kotak Bond Short Term Plan Direct-Dividend Monthly scheme return performance in last 1 year is 11.35%, in last 3 years is 25.74% and 78.13% since scheme launch. The min. SIP amount to invest in this scheme is ₹1000.
The scheme seeks to provide reasonable returns and reasonably high levels of liquidity by investing in debt instruments such as bonds, debentures and Government securities; and money market instruments such as treasury bills, commercial papers, certificates of deposit, including repos in permitted securities of different maturities, so as to spread the risk across different kinds of issuers in the debt markets.