Is Kotak Mutual Fund Good? (2024)

FAQs

Is Kotak Mutual Fund Good? ›

Fund Performance: The Kotak Small Cap Fund has given 26.12% annualized returns in the past three years and 27.54% in the last 5 years. The Kotak Small Cap Fund comes under the Equity category of Kotak Mahindra Mutual Funds.

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 13.14% & 11.64%. The Kotak Equity Savings Fund comes under the Hybrid category of Kotak Mahindra Mutual Funds. Minimum Investment Amount: Lump sum minimum amount for Kotak Equity Savings Fund is ₹100 and for SIP, it is ₹100.

Based on its quarterly AUM as of Mar 2023, the fund house ranked the 5th largest amongst all fund houses. Kotak Mutual Fund has an asset under management (AUM) of Rs 3,51,298.52 crores as of December 31, 2023. Kotak Mutual Fund has over 73 mutual fund schemes for investors to choose from.

Kotak Mahindra Bank SIP Plans allow you to invest a fixed amount in mutual. It's like a deposit for your future. These plans are great for beginners because you can start and benefit from rupee-cost averaging, which helps reduce investment risk over time.

Kotak Securities as a distributor does not levy any charges or fees for the investments in any mutual funds schemes online. Q Can non-resident Indians (NRIs) invest in mutual funds? Yes, non-resident Indians can also invest in mutual funds.

Tax benefits under the Section 80 C

ELSS mutual funds are eligible for tax deductions under the section 80C of the Income Tax Act. These equity-based mutual funds, invest a major portion of the corpus into the stock market and give returns based on the market performance.

Mutual Fund: Online Kotak Mutual Fund Investment Plans @0% Commissions.

2003–present: Kotak Mahindra Bank

A Kotak Mahindra Bank ATM in Kolkata. In February 2003, Kotak Mahindra Finance received a banking licence from the Reserve Bank of India, becoming India's first non-banking finance company to be converted into a bank. Kotak Mahindra Finance was then renamed Kotak Mahindra Bank.

Which SIP is best for 5 years in India? ›

Benefits of Investing SIP Plan for 5 Years

Starting a systematic investment plan (SIP) is generally a smart move because it can help develop long-term wealth-building potential and disciplined investing habits.

1) SBI Mutual Fund.

The mutual fund ranking system of Value Research gives a quick measure of how a fund has performed in the past when compared to its peers, with five being the highest rating and one being the lowest. It takes into account the risk, returns, expense ratio and other relevant factors to arrive at such ratings.

Here are 5 mutual fund schemes with highest 3-year returns along with their expense ratios: Quant Small Cap Fund(G) tops the chart with over 39% returns followed by Quant Mid Cap Fund(G), Nippon India Small Cap Fund(G), Quant Flexi Cap Fund(G) and Motilal Oswal Midcap Fund-Reg(G) in the same pecking order.

Benefits of the Kotak Classic Opportunities Fund:

Long-term capital growth: The fund helps in accumulating wealth over time. The longer an investor stays invested, the more will be their financial backup. Though the capital market has many risks, with good risk mitigation strategies, it generates promising returns.

About Kotak Balanced Advantage Fund

Kotak Balanced Advantage Fund Direct - Growth has ₹15,721 Crores worth of assets under management (AUM) as on 31/03/2024 and is medium-sized fund of its category. The fund has an expense ratio of 0.51%, which is less than what most other Dynamic Asset Allocation funds charge.