NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

Kotak Corporate Bond Fund -IDCW Monthly for NRI [1301.57]

Min Investment

₹100

Fund Size

₹14,996.82 Cr

Expense Ratio

0.7%

Exit Load

%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

₹1301.57

-0.02%

NAV as on 22 Jul 26, 12:00 AM

risk

corporate bond fund

debt

NAV as on 22 Jul 26, 12:00 AM

risk

corporate bond fund

debt

4.85%p.a.

Last 1Y

7.20%p.a.

Last 3Y

6.24%p.a.

Last 5Y

7.63%p.a.

Since Inception

About Kotak Corporate Bond Fund -IDCW Monthly for NRIs

NRIs can achieve long-term capital appreciation by investing in the Kotak Corporate Bond Fund -IDCW Monthly scheme from Kotak Mahindra Asset Management Company Limited. It is a Corporate Bond Fund mutual fund scheme that predominantly invests in Corporate Bond Fund stocks of companies. Launched on Sep 2007, Kotak Corporate Bond Fund -IDCW Monthly is Corporate Bond Fund fund of its category with 14,996.82 Cr fund under management as on Jul 2026. The expense ratio of this fund is less than that of most other Fund category Corporate Bond Fund funds.

  • Kotak Corporate Bond Fund -IDCW Monthly delivered 4.8% annual returns during the last year. It has delivered 7.6% average annual returns since the fund was launched.
  • Kotak Corporate Bond Fund -IDCW Monthly scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in debt

Fund Objective

The Investment Objective Of The Scheme Is To Generate Income By Investing In Debt /And Money Market Securities Across The Yield Curve And Predominantly In Aa+ And Above Rated Corporatesecurities. The Scheme Would Also Seek To Maintain Reasonable Liquidity Within The Fund.

Top 10 Holdings

FOOD CORPORATION OF INDIA 8.8 LOA 22MR28 FVRS10LAC

0.85%

Repo

0.09%

Net Current Assets

2.46%

Sikka Ports and Terminals Ltd SR-PPD-7 Debenture 7.90 18/11/2026

0.16%

Sikka Ports and Terminals Ltd SR-PPD-6 Debenture 7.95 28/10/2026

1.07%

LIC Housing Finance Ltd Bonds 7.56 14/06/2027

0.23%

Tamilnadu State SDL 7.84 13/07/2026

0.02%

LIC HOUSING FINANCE LIMITED TR- 353 7.75 LOA 23NV27 FVRS10LAC

1.41%

CENTRAL GOVERNMENT LOAN 20388 GOI 07DC31 FLT FV RS 100

0.66%

FOOD CORPORATION OF INDIA SERIES VII 8.95 BD 01MR29 FVRS10LAC

0.38%

Fund Managers

  1. Deepak Agrawal (Jan 2015 - Present)
  2. Manu Sharma (Nov 2022 - Present)

Key Information

View Scheme Document

Kotak Corporate Bond Fund -IDCW Monthly SIP Calculator

If invested

₹5,000

per month

For a period of

Investment of ₹0 could have been

₹0(+0.0%)

₹0 (+0.0%)

This Fund

₹0 (+0.0%)

Fixed Deposit

NRI Mutual Fund Tax on Kotak Corporate Bond Fund -IDCW Monthly

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in Kotak Corporate Bond Fund -IDCW Monthly?

NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:

  • Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
  • PAN Number
  • Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
  • Passport – front and back
  • Passport size photograph
  • signature

If all details are correct, your KYC will be approved within 7 to 8 business days.

  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Kotak Corporate Bond Fund -IDCW Monthly
  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
  • City and country of birth
  • NRE/NRO bank account statement/ canceled cheque for the latest 3 months
  • Nominee details

Frequently Asked Questions

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