Kotak Gilt Investment Fund (Growth)

About the Fund

Kotak Gilt Investment Fund Growth is a Gilt Debt fund and has delivered an annualised return of 9.32% over a period of 5 years. The fund is managed by Kotak Mahindra Asset Management Co Ltd. The fund managers names are Abhishek Bisen. 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. To ensure total safety of Unit holders' funds,the Plan does not invest in any other securities such as shares,debentures or bonds issued by any other entity. The Fund will seek to underwrite issuance of Government Securities if and to the extent permitted by SEBI/ RBI and subject to the prevailing rules and regulations specified in this respect and may also participate in their auction from time to time. The fund charges 1.47000%. The minimum SIP amount for this is ₹1000. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000.