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

INVEST VIA NRE/NRO

Kotak Medium Term Growth for NRI [21.70]

Min Investment

100

Fund Size

1,823.54 Cr

Expense Ratio

1.6%

Exit Load

0%

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

21.70

0.12%

NAV as on 18 Dec 24, 12:00 AM

moderately high risk

medium duration

debt

NAV as on 18 Dec 24, 12:00 AM

moderately high risk

medium duration

debt

9.17%p.a.

Last 1Y

6.08%p.a.

Last 3Y

6.32%p.a.

Last 5Y

7.46%p.a.

Since Inception

About Kotak Medium Term Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Kotak Medium Term Growth scheme from Kotak Mahindra Asset Management Co Ltd. It is a Medium Duration mutual fund scheme that predominantly invests in Medium Duration stocks of companies. Launched on Mar 2014, Kotak Medium Term Growth is Medium Duration fund of its category with 1,823.54 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Medium Duration funds.

  • Kotak Medium Term Growth delivered 9.2% annual returns during the last year. It has delivered 7.5% average annual returns since the fund was launched.
  • Kotak Medium Term 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 regular income and capital appreciation by investing in a portfolio of medium term debt and money market instruments. There is no assurance or guarantee that the investment objective of the scheme will be achieved

Top 10 Holdings

7.1% Govt Stock 2034

11.91%

7.18% Govt Stock 2033

9.75%

TATA Steel Limited

4.15%

Pipeline Infrastructure Private Limited

3.52%

Aditya Birla Renewables Limited

3.30%

Prestige Projects Private Limited 0.1175%

3.30%

SANSAR AUG 2024 V TRUST

3.29%

Indostar Capital Finance Limited

3.29%

Embassy Office Parks REIT

3.10%

Century Textiles And Industries Limited

3.03%

Fund Managers

  1. Deepak Agrawal (Mar 2014 - Present)
  2. Sunit garg (Nov 2022 - Present)

Key Information

View Scheme Document

Kotak Medium Term 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 Medium Term 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 Medium Term 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 Medium Term 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