Kotak Bond Short Term Fund(G)-Direct Plan
View the regular plan of this scheme
Rs 51.6665 0.0043(0.008 %) NAV as on 25 Apr 2024
Scheme Objective: The investment objective of the Scheme is to provide reasonable returns and reasonably high levels of liquidity by investing in debt instruments such as bonds, debentures and Government securities; and money market instruments such as treasury bills, commercial papers, certificates of deposit, including repos in permitted securities of different maturities, so as to spread the risk across different kinds of issuers in the debt markets.
Performance (As on 25 Apr 2024)
| 1 week returns | 3 month returns | 6 month returns | 1 year returns | 3 year returns | 5 year returns | Returns since inception | |
|---|---|---|---|---|---|---|---|
| Scheme | 0.13 % | 1.96 % | 4.05 % | 7.23 % | 5.78 % | 7.20 % | 7.99 % | >
Portfolio
Short duration debt funds invest in debt instruments ranging from money market instruments to corporate and bank bonds and government papers. Average maturities for these funds hold below 2-3 years. These funds can be volatile in the very short term as bond prices react to potential interest rate changes, but this volatility is usually contained and evens out. Funds can pick instruments across the credit rating spectrum. Therefore, some can be far riskier than others.
These funds suit any investor with a minimum investment horizons of 1.5 to 3 years but can be held for longer periods as well. Ensure that funds do not have a high share of low-rated debt if holding for the short term.
For investments made before April 1st, 2023
Short-term: Holding period is less than 36 months.
Taxation: Capital gains are taxed at individuals slab rate
Long-term: Holding period is 36 months or more.
Taxation: Capital gains are taxed at 20% with indexation benefit.
For investments made on and after April 1st, 2023
All capital gains are treated as short-term capital gains irrespective of holding period and will be taxed at individuals slab rate.
