Kotak Gilt-Investment Regular-Payout of Income Distribution cum capital withdrawal option

Kotak Gilt-Investment Regular-Payout of Income Distribution cum capital withdrawal option is a fund scheme from Kotak mutual fund. It falls under a Gilt category. After being launched on 1999-01-05. Kotak Gilt-Investment Regular-Payout of Income Distribution cum capital withdrawal option has achieved Rs 4094 Crores worth of assets under management (AUM). It allows minimum SIP of Rs 100 and lumpsum of Rs 100 to start the investment. The expense ratio of this fund is 1.48%.

• Investing Strategy:

  The objective of the Plan is to generate risk-free returns through investments in sovereign securities issued by the Central Government and/or State Government(s) and/or any security unconditionally guaranteed by the Government of India, and/or reverse repos in such securities as and when permitted by RBI. A portion of the fund may be invested in Reverse repo, CBLO and/or other similar instruments as may be notified to meet the day-to-day liquidity requirements of the Plan.

• Performance:

  Kotak Gilt-Investment Regular-Payout of Income Distribution cum capital withdrawal option trailing returns over different times are 10.35% (1 year), 7.89% (3 year), 4.35% (5 year). The average annual return of this fund stands at 10.35%

• Fund Manager & Portfolio Allocation:

  Abhishek Bisen, Palha Khanna are the current fund managers of this mutual fund. The fund has a majority of its money invested in the top 5 sectors such as , Sectors. First five holdings of this fund are 7.3% Govt Stock 2053, 7.34% Govt Stock 2064, 7.09% Govt Stock 2054, 6.79% Govt Stock 2034, 6.8% Govt Stock 2060, Net Current Assets/(Liabilities), Triparty Repo Companies.