Kotak Corporate Bond Fund- Regular Plan-Monthly Dividend Option

Kotak Corporate Bond Fund- Regular Plan-Monthly Dividend Option is a scheme launched by Kotak Mutual Fund on October 20, 2008, and falls under the Corporate Bond fund category. It currently manages an AUM of Rs 17,545.56 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 0.68% for managing the portfolio.

• Investing Strategy:

  The investment objective of the scheme is to generate income by investing in debt /and money market securities across the yield curve and predominantly in AA+ and above rated corporate securities. The scheme would also seek to maintain reasonable liquidity within the fund.

• Performance:

  Kotak Corporate Bond Fund- Regular Plan-Monthly Dividend Option trailing returns over different times are 8.28% (1 year), 6.65% (3 year) and 3.54% (5 year). The average annual return of this fund stands at 7.03%.