Kotak Gilt-Investment Fund Provident Fund and Trust - Growth - Direct

Objective: The objective of the Plan is to generate risk-free returns through investments in sovereign securities issued by the Central Government and/or State Government(s) and/or any security unconditionally guaranteed by the Government of India, and/or reverse repos in such securities as and when permitted by RBI. A portion of the fund may be invested in Reverse repo, CBLO and/or other similar instruments as may be notified to meet the day-to-day liquidity requirements of the Plan. To ensure total safety of Unit holders' funds, the Plan does not invest in any other securities such as shares, debentures or bonds issued by any other entity. The Fund will seek to underwrite issuance of Government Securities if and to the extent permitted by SEBI/ RBI and subject to the prevailing rules and regulations specified in this respect and may also participate in their auction from time to time.

Kotak Gilt-Investment Fund Provident Fund and Trust - Growth - Direct is an Fixed Income - Government Bond fund. The fund was launched in Jan 23, 2013. Its risk level is Low to Moderate. The NAV of the fund as on Feb 28, 2025 is ₹107.72. Its expense ratio is 0.40 %. The fund has an AUM of ₹4,094.00 Cr.The fund is managed by Abhishek Bisen, Vihag Mishra, Palha Khanna. The minimum initial investment is ₹100 in Lumpsum mode.