Fund has been able to generate better returns than other funds in same sector
Less expense ratio implies better returns over the long term
Fund has not been able to generate better price return than bank FD
Credit rating of debt intruments is high and default probability is low
Ultra short duration funds are debt funds that lend to companies for a short duration of 3 to 6 months. They are very low-risk funds.
Gains are added to taxable income and taxed according to the individual's income tax slab
Gains are taxed at 20% with indexation benefit
Expected growth rate
Kotak Mahindra Asset Management Company Limited (KMAMC), a wholly owned subsidiary of Kotak Mahindra bank Limited (KMBL), is the Asset Manager for Kotak Mahindra Mutual Fund (KMMF). KMAMC has approximately 21 Lac investors in various schemes.
₹ 2,26,027.41 Cr.