Kotak Liquid Fund NAV Crosses Rs 1000: Key Metrics Revealed
By Market Desk
Kotak Liquid Fund Direct’s NAV reaches Rs 1,000.84. Explore its moderate risk, returns, and key metrics for informed investment decisions.
The Kotak Liquid Fund Direct – IDCW recorded a Net Asset Value (NAV) of Rs 1,000.84 for its Direct plan’s IDCW option as of August 14, 2026. This open-ended liquid debt scheme, managed by Kotak Mahindra Mutual Fund, aims for high liquidity and reasonable returns.
Key Fund Metrics
- NAV (as of August 14, 2026): Rs 1,000.84
- Expense Ratio (Direct plan): 0.0%
- Fund Size: Rs 0.0 crore
- Minimum Initial Investment: Rs 1,000
- Minimum Additional/SIP Investment: Rs 500
Categorized under ‘Debt: Liquid’, the fund carries a ‘Moderate’ riskometer rating. It holds a ‘Low’ risk grade and an ‘Average’ return grade, reflecting its investment strategy in money and other short-term debt instruments.
Performance Overview
- 1-Year Trailing Return: 6.43%
- 3-Year Trailing Return: 6.97%
- 5-Year Trailing Return: 6.27%
- Return Since Inception (August 7, 2026): 6.8%
Investors should note the applicable exit load for redemptions made within 6 days of investment. This charge ranges from 0.0070% on day 1 down to 0.0045% on day 6.
Taxation Details
- Capital gains (after April 1, 2023): Taxed as per investor’s income slab.
- Capital gains (before April 1, 2023): Slab rate if redeemed within 3 years; 20% with indexation if redeemed after 3 years.
- Dividend income: Added to investor’s income, 10% TDS for amounts over Rs 5,000 annually.
The fund suggests an investment horizon of less than 3 months for optimal alignment with its objectives. Rohit Seksaria has managed the Kotak Liquid Fund Direct – IDCW since November 2022.