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.