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).
On Kotak Mutual Fund Official Website
Updated: 17-05-2024 05:25:31 PM
The mutual fund schemes offered by Kotak Mahindra Asset Management Company can be broadly categorised in the following 7 types:
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:
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 switchesAdditional: 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 |
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.5,000Additional 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: NILFor 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 |
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.
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.5,000Additional investment: Rs.1,000 and in multiples of Re.1 |
| Entry Load | N/A |
| Exit Load | NIL |
| Risk Factor | Low |
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.
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.500Additional investment: Rs.500 and in multiples of Rs.500 |
| Entry Load | N/A |
| Exit Load | Not applicable |
| Risk Factor | Moderately high |
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.
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.
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.5,000Additional investment: Rs.1,000 |
| Entry Load | N/A |
| Exit Load | NILPlease 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 |
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.5,000Additional 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: NILFor 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 |
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.
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.
Find out whether you are eligible to invest in Kotak Mahindra Mutual Funds by checking out the list containing the eligibility criteria mentioned below:
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:
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:
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:
In Kotak Mahindra Mutual Fund, investors have the option to choose from different modes using which they can invest in a mutual fund scheme.
Investors can follow the steps mentioned below to invest in a scheme by Kotak Mahindra Mutual Fund through the online mode:
There are numerous reasons why you should choose to invest in a Kotak Mahindra Mutual Fund scheme.
Investors can call the friendly and knowledgeable customer care team of Kotak Mahindra Mutual Fund at 1800-222-626 (toll-free number).
The schemes under Kotak Mahindra Mutual Fund will not accept subscriptions from residents of Canada and U.S.
Third-party payment is a payment made using instruments issued from an account that is not held by the beneficiary investor.
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.
If the transaction carried out is not a purchase or subscription such as Switch/Systematic Transfer Plan (STP), Dividend Transfer Plan (DTP), etc., and If the purchase or subscription has been carried out directly with the fund without any ARN code and If the transaction has been carried out through the stock exchange platforms.
