NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹27.93
0.03%
NAV as on 17 Nov 24, 12:00 AM
moderately high risk
credit risk
debt
NAV as on 17 Nov 24, 12:00 AM
moderately high risk
credit risk
debt
7.74%p.a.
Last 1Y
4.70%p.a.
Last 3Y
5.35%p.a.
Last 5Y
7.35%p.a.
Since Inception
About Kotak Credit Risk Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Kotak Credit Risk Fund Growth scheme from Kotak Mahindra Asset Management Co Ltd. It is a Credit Risk mutual fund scheme that predominantly invests in Credit Risk stocks of companies. Launched on May 2010, Kotak Credit Risk Fund Growth is Credit Risk fund of its category with 753.19 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Credit Risk funds.
- Kotak Credit Risk Fund Growth delivered 7.7% annual returns during the last year. It has delivered 7.3% average annual returns since the fund was launched.
- Kotak Credit Risk Fund Growth 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 rated and below corporate securities. The scheme would also seek to maintain reasonable liquidity within the fund.There is no assurance that the investment objective of the Schemes will be realised.
Top 10 Holdings
7.18% Govt Stock 2033
9.98%
Godrej Industries Limited
6.69%
Tata Projects Ltd.
6.66%
Century Textiles And Industries Limited
5.99%
Aditya Birla Renewables Limited
5.32%
Prestige Projects Private Limited 0.1175%
5.32%
Indostar Capital Finance Limited
5.31%
VAJRA 008 TRUST
4.91%
Embassy Office Parks Reit
4.35%
The Tata Power Company Limited
4.21%
Fund Managers
- Deepak Agrawal (May 2010 - Present)
- Sunit garg (Nov 2022 - Present)
Key Information
View Scheme Document
Kotak Credit Risk Fund Growth SIP Calculator
If invested
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 Credit Risk Fund Growth
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in Kotak Credit Risk Fund Growth?
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 Credit Risk Fund Growth
- 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
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Frequently Asked Questions
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