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3 Year return

12.84%
20222022Jul '22Jul '2220232023Jul '23Jul '2320242024
Launched on January 2013 (12 years)

Investment Details

₹100

Minimum SIP Amount

₹100

Minimum one time investment

Fund has no lock-in period

Calculate Returns

Based on past performance of this fund

ENTER AMOUNT

Your Investment ₹3,600
Gain
  • 22.50%
  • ₹810
  • Total Value
  • ₹4,410

Risk Involved

scale

Your principal will be at

High Risk

Scheme Information

Asset Under Management

₹1834.51 Cr.

Expense Ratio

0.16% (inclusive of GST)

Exit Load

If redeemed or switched out on or before comletion of 15 days from the date of allotment of units-1.00% If redeemed or switched out on or after comletion of 15 days from the date of allotment of units-Nil

Ratings

ARQ Rating
0

Ratings by other agencies

3
0
0

Tax Implications

There are no records found for Tax Implications.

Fund Holdings

Holdings
₹1834.51Crores
Other Holdings% of Asset

Kotak Mahindra Mutual Fund Managers

AB

Abhishek Bisen

Fund Manager since Mar 2011

View Details

Fund House Details

Kotak Mahindra Mutual Fund

Kotak Mahindra Mutual Fund Asset management company

AUM ₹384,007.34 Cr.
No. of Schemes 178
Setup Date December 1998

Peer Comparison

Comparison with other similar funds

Schemes by Kotak Mahindra Mutual Fund

List of mutual fund schemes by AMC

Funds 3 Years Returns
scheme logo

Hybrid . Dynamic Asset Allocation or Balanced Advantage

Kotak Balanced Advantage Fund Direct Plan Payout of IDCW Payout

12.46%
scheme logo

Hybrid . Dynamic Asset Allocation or Balanced Advantage

Kotak Balanced Advantage Fund Direct Plan Growth

12.46%

About Kotak Gold Fund Growth Direct

Kotak Gold Fund Growth Direct is an open-ended gold commodities fund which is a product of the Kotak Mahindra Mutual Fund House. Mutual funds that invest directly or indirectly in gold reserves are known as gold funds. Based on the units offered by the gold ETF, gold mutual funds are open-ended investments. The scheme has the domestic price of gold as its benchmark.

Investment Objective of The Scheme

The scheme's investment goal is to earn profits by investing in Kotak Gold Exchange Traded Fund units. Typically, investments are made in physical gold, the stocks of mining firms, and the stocks of syndicates that produce and distribute gold. It is a practical approach to invest in an asset while not having to buy the commodity physically. The selling price of this precious metal immediately affects the value of the underlying asset because it is stored as actual gold.

Key Features of The Fund

5-year return 16.94%
Expense Ratio 0.16%
Fund Manager Abhishek Bisen
Fund Size ₹1834.51 Cr
Risk Profile High

Is This Scheme Right for Me?

The Kotak Gold Fund Growth Direct could be considered by investors looking for medium to long-term returns that correspond to those from actual gold, subject to tracking error. However, note that the scheme has a high risk level, and the ideal investment horizon is of 3 years or more. It is important to consider your specific financial objectives before making your decision.

AMC Contact Details

Name Kotak Mahindra Mutual Fund
Launch Date December 1998
Addresss 2nd Floor, 12-BKC, Plot No C-12, G Block, BKC, Bandra (East), Mumbai - 400 051
Contact 18003091490 044-40229101
Email mutual@kotak.com
Website https://www.kotakmf.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

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FAQs

What is today's NAV of Kotak Gold Fund?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Kotak Gold Fund on May 29 2024, is ₹29.8535