KOTAK BLUECHIP FUND

KOTAK BLUECHIP FUND- REGULAR PLAN

KOTAK BLUECHIP FUND- REGULAR PLAN

KOTAK BLUECHIP FUND, This is a tax-saving strategy wherein investors buy a stock just before dividend payment and sell it thereafter.

KOTAK BLUECHIP FUND, REGULAR PLAN

This is a tax-saving strategy wherein investors buy a stock just before dividend payment and sell it thereafter. Share prices generally fall after the dividend payment, when a stock starts trading ‘ex-dividend’. This lets investors book a short term ‘loss’ and reduce thei tax burden.

Corpus (Rs cr) (as on 31 May 2018)                                                                         1,344.54

NAV (as on 12 Jun 2018)                                                                                                   224.98

Expense ratio (as on 30 Apr 2018)                                                                                   2.17

Category average expense ratio (as on 30 Apr 2018)                                 1.99

Minimum investment                                                                                        Rs5,000

Source- Mint, Money Control, Google.

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