SIP details

Our Systematic Investment Plan (SIP) provides you the facility to periodically invest a fixed sum over any defined period of time (6 months or more).
SIPs help in arresting uncertainties associated with trying to time the market and thus, in the long term tends to iron out market fluctuations.

It also brings in the much needed investment discipline as you allocate a defined sum to your investments for a defined frequency, thus making investments a mandatory component while you allocate your resources.

 

SIP advantages

  • mark SIPs help in arresting uncertainties associated with trying to time the market and thus, in the long term tends to iron out market fluctuations.
  • mark It brings down your average cost of acquisition of units. As you would allocate a fixed sum every month, you would buy more units when the prices of our units are lower than when they are higher. We call this Rupee Cost Averaging.
  • mark Through this arrangement, your funds otherwise lying idle (and if you know it, on account of inflation, depleting in real value) in your bank account get channelised into future wealth creating investments.
 

SIP features

Minimum amount
` 1000.00 (Rs. 500 incase of Kotak Select Focus Fund and Kotak Equity Arbitrage Fund; Rs. 500 & in multiples of Rs. 500 in case of Kotak Tax Saver)
Minimum Installments
6
SIP Frequency
Monthly or Quarterly
Choice of Dates
1, 7, 10, 14, 15, 21, 25, 28, 30
Scheme Available
Open-Ended schemes except Kotak Liquid Scheme, Kotak Floater Short Term Scheme & Kotak Flexi Debit Scheme.

Entry & Exit Loads

Entry Load
NIL
Exit Load
For redemption within 1 year from date of allotment of units, irrespective of the amount of investment – 1%