NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

Kotak Credit Risk Fund Growth for NRI [27.31]

Min Investment

100

Fund Size

814.39 Cr

Expense Ratio

1.7%

Exit Load

1%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

27.31

0.01%

NAV as on 22 Jun 24, 12:00 AM

moderately high risk

credit risk

debt

NAV as on 22 Jun 24, 12:00 AM

moderately high risk

credit risk

debt

8.14%p.a.

Last 1Y

4.69%p.a.

Last 3Y

5.72%p.a.

Last 5Y

7.37%p.a.

Since Inception

About Kotak Credit Risk Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Kotak Credit Risk Fund Growth scheme from Kotak Mahindra Asset Management Co Ltd. It is a Credit Risk mutual fund scheme that predominantly invests in Credit Risk stocks of companies. Launched on May 2010, Kotak Credit Risk Fund Growth is Credit Risk fund of its category with 814.39 Cr fund under management as on Jun 2024. The expense ratio of this fund is less than that of most other Fund category Credit Risk funds.

  • Kotak Credit Risk Fund Growth delivered 8.1% annual returns during the last year. It has delivered 7.4% average annual returns since the fund was launched.
  • Kotak Credit Risk Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in debt

Fund Objective

The investment objective of the scheme is to generate income by investing in debt /and money market securities across the yield curve and predominantly in AA rated and below corporate securities. The scheme would also seek to maintain reasonable liquidity within the fund.There is no assurance that the investment objective of the Schemes will be realised.

Top 10 Holdings

7.18% Govt Stock 2033

10.92%

The Tata Power Company Limited

8.34%

Tata Projects Limited

6.05%

VAJRA 008 TRUST

5.61%

Aadhar Housing Finance Limited

5.43%

Century Textiles And Industried Limited

5.11%

Prestige Projects Private Limited 0.1175%

4.87%

Indostar Capital Finance Limited

4.84%

Macrotech Developers Limited

4.62%

India Grid Trust 0.0788%

4.27%

Fund Managers

  1. Deepak Agrawal (May 2010 - Present)
  2. Sunit garg (Nov 2022 - Present)
  3. Palha Khanna (Jul 2023 - Present)

Key Information

View Scheme Document

Kotak Credit Risk Fund Growth SIP Calculator

If invested

5,000

per month

For a period of

Investment of 0 could have been

0(+0.0%)

0 (+0.0%)

This Fund

0 (+0.0%)

Fixed Deposit

NRI Mutual Fund Tax on Kotak Credit Risk Fund Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in Kotak Credit Risk Fund Growth?

NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:

  • Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
  • PAN Number
  • Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
  • Passport – front and back
  • Passport size photograph
  • signature

If all details are correct, your KYC will be approved within 7 to 8 business days.

  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Kotak Credit Risk Fund Growth
  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
  • City and country of birth
  • NRE/NRO bank account statement/ canceled cheque for the latest 3 months
  • Nominee details

Frequently Asked Questions