Mutual Fund

Here are the details of the Kotak Equity Savings Fund:

• Description: An open-ended scheme aiming to generate capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and derivatives segments of the equity market, complemented with moderate exposure to equity and equity-related instruments. 

• Asset Class: Hybrid​

• Asset Sub-Class: Equity Savings​

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

• Return Rates:

  • 1-Year Return: Approximately 6.14%​ 

  • 3-Year Return: Approximately 10.25% 

  • 5-Year Return: Approximately 13.29% 

  • Since Inception (October 13, 2014): Approximately 9.11%  

• CAGR (Compound Annual Growth Rate): The CAGR since inception is approximately 9.11%.  

• Expense Ratio:

  • Regular Plan: 1.76% ​

  • Direct Plan: 0.65% 

• Minimum Investment Amount:

  • Lump Sum: ₹100 ​

  • SIP (Systematic Investment Plan): ₹100 ​ 

• Lock-in Period: None​j  

• Exit Load:

  • An exit load of 1% is charged for redemptions exceeding 8% of the investment within 90 days from the date of allotment. ​

  • No exit load is charged for redemptions after 90 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.