Kotak Savings Fund -Growth

Kotak Savings Fund -Growth is a scheme launched by Kotak Mutual Fund on August 13, 2004, and falls under the Ultra Short Duration fund category. It currently manages an AUM of Rs 15,667.19 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 0.82% for managing the portfolio.

• Investing Strategy:

  To generate returns through investments in debt and money market instruments with a view to reduce the interest rate risk.

• Performance:

  Kotak Savings Fund -Growth trailing returns over different times are 7.15% (1 year), 6.9% (3 year) and 5.58% (5 year). The average annual return of this fund stands at 4.93%.