Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund-Reg (G)

Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund-Reg (G) is a scheme launched by Kotak Mutual Fund on September 13, 2024, and falls under the Index fund category. It currently manages an AUM of Rs 450.74 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 0.4% for managing the portfolio.

• Investing Strategy:

  The investment objective of the scheme is to generate returns that are commensurate (before fees and expenses) with the performance of CRISILIBX AAA Financial Services Index – Sep 2027 which seeks to track the performance of AAA issuers from the financial services sector maturing near target date of the index.

• Performance:

  Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund-Reg (G) trailing returns over different times are 8.63% (1 year), 0% (3 year) and 0% (5 year). The average annual return of this fund stands at 7.14%.