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
₹21.57
0.00%
NAV as on 17 Nov 24, 12:00 AM
moderately high risk
medium duration
debt
NAV as on 17 Nov 24, 12:00 AM
moderately high risk
medium duration
debt
9.65%p.a.
Last 1Y
5.94%p.a.
Last 3Y
6.32%p.a.
Last 5Y
7.48%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 1,844.69 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Medium Duration funds.
- Kotak Medium Term Growth delivered 9.7% 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
12.00%
7.18% Govt Stock 2033
9.60%
TATA Steel Limited
4.09%
Pipeline Infrastructure Private Limited
3.47%
SANSAR AUG 2024 V TRUST
3.26%
Aditya Birla Renewables Limited
3.26%
Prestige Projects Private Limited 0.1175%
3.26%
Indostar Capital Finance Limited
3.25%
Embassy Office Parks REIT
3.01%
Century Textiles And Industries Limited
2.99%
Fund Managers
- Deepak Agrawal (Mar 2014 - Present)
- Sunit garg (Nov 2022 - Present)
Key Information
View Scheme Document
Kotak Medium Term Growth SIP Calculator
If invested
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For a period of
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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 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 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
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3Y Return
SBI Magnum Medium Duration Fund Growth
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6.0%
ICICI Prudential Medium Term Bond Fund Growth
moderately high risk | debt
6.2%
HDFC Medium Term Debt Fund Growth
moderately high risk | debt
5.8%
Frequently Asked Questions
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