Kotak Savings Fund - Weekly Dividend - Reinvestment

Kotak Savings Fund - Weekly Dividend - Reinvestment 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 16,007.83 crore. The fund permits investments with a minimum SIP of Rs 1000 and a lump sum of Rs 5000. It charges an expense ratio of 0.77% 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 - Weekly Dividend - Reinvestment trailing returns over different times are 1.77% (1 year), 1.42% (3 year) and 0.87% (5 year). The average annual return of this fund stands at 0%.