Mutual Fund

Here are the details of the Kotak Equity Hybrid Fund:

• Description: An open-ended hybrid scheme that aims to achieve growth by investing in equity and equity-related instruments, balanced with income generation by investing in debt and money market instruments. 

• Asset Class: Hybrid​

• Asset Sub-Class: Aggressive Hybrid    

• XIRR (Extended Internal Rate of Return): Specific XIRR data is not provided in the available sources.​

• Return Rates:

  • 1-Year Return: Approximately 9.03%  

  • 3-Year Return: Approximately 13.12%  

  • 5-Year Return: Approximately 22.11% 

  • Since Inception (November 3, 2014): Approximately 13.93% annualized returns ​ 

• CAGR (Compound Annual Growth Rate): The CAGR since inception is approximately 13.93%. ​ 

• Expense Ratio:

  • Regular Plan: 1.79% ​  

  • Direct Plan: 0.50% ​ 

• Minimum Investment Amount:

  • Lump Sum: ₹100 ​  

  • SIP (Systematic Investment Plan): ₹100 ​  

• Lock-in Period: None    

• Exit Load:

  • An exit load of 1% is charged for redemptions exceeding 8% of the investment within 365 days from the date of allotment. ​  

  • No exit load is charged for redemptions after 365 days.​

Please note that mutual fund investments are subject to market risks, and past performance is not indicative of future results. It's advisable to consult with a financial advisor before making investment decisions.