About Kotak Bond Short Term Fund Direct-Dividend Payout
Kotak Bond Short Term Fund Direct-Dividend Payout is a Debt
mutual fund scheme from Kotak Mahindra Mutual Fund
. This scheme was launched on 28 Sep 2015 and is currently managed by its fund manager Deepak Agrawal
. It has an AUM of ₹9,949.20 Crores and the latest NAV decalared is ₹11.586 as on 20 Nov 2019 at 9:25 pm.
Kotak Bond Short Term Fund Direct-Dividend Payout scheme return performance in last 1 year is 11.55%, in last 3 years is 25.63% and 15.81% 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.