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

INVEST VIA NRE/NRO

Kotak Liquid Fund Growth for NRI [5074.28]

Min Investment

100

Fund Size

43,429.67 Cr

Expense Ratio

0.3%

Exit Load

0.007%

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

5074.28

0.02%

NAV as on 04 Dec 24, 12:00 AM

moderate risk

liquid

liquid

NAV as on 04 Dec 24, 12:00 AM

moderate risk

liquid

liquid

7.33%p.a.

Last 1Y

6.24%p.a.

Last 3Y

5.23%p.a.

Last 5Y

6.88%p.a.

Since Inception

About Kotak Liquid Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Kotak Liquid Fund Growth scheme from Kotak Mahindra Asset Management Co Ltd. It is a Liquid mutual fund scheme that predominantly invests in Liquid stocks of companies. Launched on Nov 2003, Kotak Liquid Fund Growth is Liquid fund of its category with 43,429.67 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Liquid funds.

  • Kotak Liquid Fund Growth delivered 7.3% annual returns during the last year. It has delivered 6.9% average annual returns since the fund was launched.
  • Kotak Liquid Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in liquid

Fund Objective

The investment objective of the Scheme is to provide reasonable returns and high level of liquidity by investing in debt instruments such as bonds, debentures and Government Securities; and money market instruments such as treasury bills, commercial paper, certificate 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. The Scheme may invest in call money/term money market in terms of RBI guidelines in this respect. Subject to the maximum amount permitted from time to time, the Scheme may invest in offshore securities in the manner allowed by SEBI/RBI, provided such investments are in conformity with the investment objective of the Scheme and the prevailing guidelines and Regulations. To reduce the risk of the portfolio, the Scheme may also use various derivative and hedging products from time to time, in the manner permitted by SEBI.

Top 10 Holdings

91 DTB 13022025

4.53%

191 DTB 30012025

3.98%

Indian Bank

3.44%

Punjab National Bank

3.42%

HDFC Bank Limited

2.86%

91 DTB 05122024

2.64%

Reliance Jio Infocomm Limited

2.30%

National Bank For Agriculture And Rural Development

2.30%

IDBI Bank Limited (Industrial Development Bank Of India Ltd)

2.30%

Reliance Jio Infocomm Limited

2.30%

Fund Managers

  1. Deepak Agrawal (May 2007 - Present)

Key Information

View Scheme Document

Kotak Liquid Fund Growth 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 Liquid Fund Growth

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 Liquid 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 Liquid 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

Frequently Asked Questions