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
₹1054.69
0.04%
NAV as on 20 May 25, 12:00 AM
low to moderate risk
money market
debt
NAV as on 20 May 25, 12:00 AM
low to moderate risk
money market
debt
0.00%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
5.71%p.a.
Since Inception
About Kotak Money Market Monthly Reinvestment of Income Dis cum Cap wdrl for NRIs
NRIs can achieve long-term capital appreciation by investing in the Kotak Money Market Monthly Reinvestment of Income Dis cum Cap wdrl scheme from Kotak Mahindra Asset Management Company Limited. It is a Money Market mutual fund scheme that predominantly invests in Money Market stocks of companies. Launched on Jul 2003, Kotak Money Market Monthly Reinvestment of Income Dis cum Cap wdrl is Money Market fund of its category with 29,295.12 Cr fund under management as on May 2025. The expense ratio of this fund is less than that of most other Fund category Money Market funds.
- Kotak Money Market Monthly Reinvestment of Income Dis cum Cap wdrl delivered 0.0% annual returns during the last year. It has delivered 5.7% average annual returns since the fund was launched.
- Kotak Money Market Monthly Reinvestment of Income Dis cum Cap wdrl 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 returns by investing in money market instruments having maturity upto 1 year.There is no assurance that the investment objective of the Scheme will be realised.
Top 10 Holdings
HDFC BANK LTD.
4.35%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA
3.81%
Triparty Repo
2.90%
AXIS BANK LTD.
2.84%
INDIAN BANK
2.81%
PUNJAB NATIONAL BANK
2.71%
UNION BANK OF INDIA
2.47%
HDFC BANK LTD.
2.25%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA
2.06%
UNION BANK OF INDIA
1.91%
Fund Managers
- Deepak Agrawal (Nov 2006 - Present)
- Manu Sharma (Nov 2022 - Present)
Key Information
View Scheme Document
Kotak Money Market Monthly Reinvestment of Income Dis cum Cap wdrl SIP Calculator
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NRI Mutual Fund Tax on Kotak Money Market Monthly Reinvestment of Income Dis cum Cap wdrl
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 Money Market Monthly Reinvestment of Income Dis cum Cap wdrl?
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 Money Market Monthly Reinvestment of Income Dis cum Cap wdrl
- 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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