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
₹3196.92
0.02%
NAV as on 23 Nov 24, 12:00 AM
low to moderate risk
low duration
debt
NAV as on 23 Nov 24, 12:00 AM
low to moderate risk
low duration
debt
7.36%p.a.
Last 1Y
5.81%p.a.
Last 3Y
5.84%p.a.
Last 5Y
7.20%p.a.
Since Inception
About Kotak Low Duration Fund- Standard Plan-Growth Option for NRIs
NRIs can achieve long-term capital appreciation by investing in the Kotak Low Duration Fund- Standard Plan-Growth Option scheme from Kotak Mahindra Asset Management Co Ltd. It is a Low Duration mutual fund scheme that predominantly invests in Low Duration stocks of companies. Launched on Mar 2008, Kotak Low Duration Fund- Standard Plan-Growth Option is Low Duration fund of its category with 11,345.62 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Low Duration funds.
- Kotak Low Duration Fund- Standard Plan-Growth Option delivered 7.4% annual returns during the last year. It has delivered 7.2% average annual returns since the fund was launched.
- Kotak Low Duration Fund- Standard Plan-Growth Option scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in debt
Fund Objective
The primary objective of the Scheme is to generate income through investment primarily in low duration debt & money market securities. There is no assurance or guarantee that the investment objective of the scheme will be achieved
Top 10 Holdings
7.93% Govt Stock 2033
6.00%
Small Industries Development Bank Of India
3.74%
National Bank For Agriculture And Rural Development
2.69%
182 D Tbill Mat - 14/02/2025
2.60%
Embassy Office Parks Reit
1.81%
7.32% Govt Stock 2030
1.80%
Bharti Telecom Limited
1.78%
Aditya Birla Housing Finance Limited
1.77%
Mankind Pharma Ltd
1.77%
INDIA UNIVERSAL TRUST AL1
1.74%
Fund Managers
- Deepak Agrawal (Jan 2015 - Present)
- Manu Sharma (Nov 2022 - Present)
Key Information
View Scheme Document
Kotak Low Duration Fund- Standard Plan-Growth Option SIP Calculator
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NRI Mutual Fund Tax on Kotak Low Duration Fund- Standard Plan-Growth Option
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 Low Duration Fund- Standard Plan-Growth Option?
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 Low Duration Fund- Standard Plan-Growth Option
- 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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