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Kotak Gilt-Investment Provident Fund and Trust-Growth

Fund House: Kotak Mahindra Mutual Fund
Category: Debt: Gilt
Launch Date: 11-11-2003
Asset Class: Fixed Income
Benchmark: NIFTY All Duration G-Sec TRI
Expense Ratio: 1.47% As on (31-10-2019)
Status: Open Ended Schemes
Minimum Investment: 5000.0
Minimum Topup: 1000.0
Total Assets: 2,697.77 Cr As on (30-04-2023)
Turn over: - | Exit Load: Nil
NAV as on 02-06-2023

85.3083

0.02 (0.0178%)

CAGR Since Inception

7.26%

Benchmark: 8.17%

PERFORMANCE

Returns Type:
of  : 
Start :  
End : 
Period:  
This Scheme
-
vs
S&P BSE India 10 Year Sovereign Bond
-
Gold
-
PPF
-
Returns Type:
of  : 
  Period:  

Start :  
Period:  

RETURNS ANALYSIS

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Fund Multiplier

Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)

Time Taken To Multiply
2x
4x
5x
10x
FUND
0 Years 0 Months
9 Years 0 Months
11 Years 10 Months
There is no value for 10x
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months

 

Investment Objective

The scheme seeks to generate risk-free returns through investments in sovereign securities. The savings plan (D) will provide regular dividend payouts. A portion of the fund will be invested in inter bank money market in order to meet the liquidity requirement.

Current Asset Allocation (%)

Indicators

Standard Deviation 3.06
Sharpe Ratio 0.18
Alpha -0.2
Beta 0.67
Yield to Maturity 7.54
Average Maturity 8.08

PEER COMPARISON

Scheme Name Inception
Date		 1 Year
Return(%)		 2 Year
Return(%)		 3 Year
Return(%)		 5 Year
Return(%)		 10 Year
Return(%)
Kotak Gilt-Investment Provident Fund and Trust-Growth 11-11-2003 7.92 4.41 4.26 7.57 6.82
SBI Magnum Gilt Fund - Growth - PF (Fixed Period - 3 Yrs) Option 28-11-2003 9.45 5.54 5.15 8.38 8.42
SBI Magnum Gilt Fund - Regular Plan - Growth 30-12-2000 9.45 5.54 5.14 8.38 8.42
SBI Magnum Gilt Fund - Growth - PF (Regular) Option 28-11-2003 9.45 5.54 5.15 8.38 8.42
Tata Gilt Securities Fund -Regular Plan- Growth Option 06-09-1999 8.9 4.5 3.81 6.94 6.7
Baroda BNP Paribas GILT FUND - Regular Plan - Growth Option 21-03-2002 8.88 4.19 3.96 6.74 6.77
ICICI Prudential Gilt Fund - Growth 19-08-1999 8.59 5.32 5.05 7.98 7.52
Nippon India Gilt Securities Fund -Growth Plan - Growth Option 05-07-2003 8.13 4.07 3.89 7.7 7.7
Nippon India Gilt Securities Fund -P F Option-Defined Maturity Date Option 01-08-2008 8.13 4.07 3.89 7.7 7.7
Nippon India Gilt Securities Fund-P F Option-Automatic Capital Appreciation Payout Option 05-08-2008 8.13 4.07 3.89 7.7 7.7

Scheme Characteristics

Minimum investment in Gsecs- 80% of total assets (across maturity).

Riskometer

riskometer

PORTFOLIO

Market Cap Distribution

Others

100.0%

Scheme Documents

There are no scheme documents available

Tax Benefits of investing in this fund

Capital gains will be deemed as short-term capital gains (STCG) for units acquired on or after April 1, 2023 and will be taxed at the applicable income tax slab rate**.

Income distribution cum capital withdrawal (IDCW) shall be taxable in the hands of investors and the mutual fund will deduct TDS @10% for resident investors and @20% (plus applicable surcharge and cess) for non-resident investors before payouts/re-investment. However, investors can claim tax-credit of TDS deducted at the time of filing their annual return.

** Capital gains on sale of units acquired on or before March 31, 2023 & redeemed on or after April 1, 2023 will be taxed as below:

Long term capital gains (LTCG) tax @20% (plus surcharge, if applicable and cess) with indexation if units held for more than 36 months.

In case of an investor being NRI, LTCG tax are chargeable @ 10% (plus surcharge, if applicable and cess) without indexation relating to units redeemed from unlisted schemes.

Short term capital gains (STCG) tax at the income tax slab rate if units are held for less than 36 months.

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