Kotak Bond Short Term Plan-(Growth)

Kotak Bond Short Term Plan-(Growth) is a scheme launched by Kotak Mutual Fund on May 02, 2002, and falls under the Short Duration fund category. It currently manages an AUM of Rs 18,229.73 crore. The fund permits investments with a minimum SIP of Rs 100 and a lump sum of Rs 100. It charges an expense ratio of 1.12% for managing the portfolio.

• Investing Strategy:

  The investment objective of the Scheme is to provide reasonable returns and reasonably high levels of liquidity by investing in debt instruments such as bonds, debentures and Government securities; and money market instruments such as treasury bills, commercial papers, certificates 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.

• Performance:

  Kotak Bond Short Term Plan-(Growth) trailing returns over different times are 7.73% (1 year), 7.04% (3 year) and 5.73% (5 year). The average annual return of this fund stands at 5.56%.