Kotak Securities Mutual Fund Review


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Kotak Mutual Fund is an asset management company sponsored by Kotak Mahindra Bank Ltd. It offers both regular and direct mutual funds. Investors can choose from a total of 42 in-house schemes to invest across different segments such as Equity, Tax Saver, Hybrid, Debt, Liquid, ETF, and FoF. You can choose the schemes as per your risk appetite, time horizon, and expected returns.

Investors can buy mutual funds through Kotak Mahindra Bank, Kotak Securities, and Kotak Mutual Fund websites. You can also invest across more than 21 fund houses through Kotak Securities platform. Kotak offers both regular and direct mutual fund schemes from the platforms.

Key Features of Kotak Mutual Fund

  • Offers both direct and regular mutual funds
  • Provides a total of 42 in-house mutual funds
  • An experienced research team to recommend mutual funds
  • A single statement for all the holdings
  • Provides customized solutions for mutual fund investment
  • Offers a consolidated investment account with quick access of the entire portfolio
  • Dedicated relationship manager services for investment assistance

Kotak Mutual Fund Online Charges

Kotak Securities offers both direct and regular mutual fund schemes from different fund houses. The broker doesn't charge any transaction and brokerage fee for mutual fund investment. By investing in direct mutual funds, you don't pay commissions to the fund houses.

Kotak Mutual Fund Charges

Kotak Account Opening Charges

Nil

Kotak Mutual Fund AMC Fees

 

Kotak Mutual Fund Brokerage Charges

Nil

Kotak Mutual Fund Commission

Nil- Direct scheme, Charges commission 1% to 1.5% for regular mutual funds

Kotak Mutual Fund Demat Charges

₹50 per month

Other Charges

 

Kotak Mutual Fund Account Opening Process

To open a mutual fund account with Kotak Securities Mutual Fund and Kotak Mahindra Bank, you need to submit the form on the website and a representative will call you to take forward the process. After opening a mutual fund account, you can invest through any associate website of Kotak Mahindra Bank for mutual fund investment.

Steps to open Kotak Mutual Fund Account:

  • Visit Kotak Mahindra Bank official website
  • Click on "Explore Products" tab available in the main menu
  • Hover mouse on "Investments" from the drop-down list
  • Click on "Mutual Fund"
  • Click on "Apply Now" button
  • Leave your details and a representative will call you

You need to follow the procedure explained by the relationship manager for Kotak mutual fund account opening.

Kotak Mutual Fund SIP

With Kotak MF, you can plan your investment systematically through SIP by investing periodically in mutual fund schemes. Based on your time span and using the SIP calculator to calculate the investment amount on each installment, you can smartly invest in mutual funds. Kotak Mutual Fund SIP can be used to meet various financial goals including buying your dream car, retirement, child's education, holiday, wealth building, destination wedding, and dream home. The Kotak SIP calculator helps in estimating the returns based on the inflation rate.

Benefits of Investing in Kotak Mutual Fund SIP:

  • Disciplined way of investing
  • Single registration process to invest through SIP
  • Benefit from rupee cost averaging
  • Start with a small amount and get compounding benefit over the long term
  • Can start SIP with as minimum as ₹500

Steps to Start SIP with Kotak Mutual Fund

  • Login to Kotak Securities account
  • Click on 'Place Order'
  • Select Mutual Fund as an option
  • Click on SIP
  • Enter scheme related details
  • Click on Place Order
  • Enter SIP amount, frequency and other details
  • Accept the terms and conditions
  • Save the order number displayed and click on Ok

Kotak Mutual Fund Investment Platforms

Kotak Mutual Fund allows a web-based investment platform. You can visit Kotak Mutual Fund, Kotak Mahindra Bank, and Kotak Securities website for mutual fund investments. For investing through Kotak Mahindra Bank, you will need online net banking access. Kotak Mutual Fund allows login by entering folio number and PIN. Through Kotak Securities web page, you can invest in mutual funds through your Kotak trading and demat account.

Key Features of Kotak Securities Web Platform

  • Portfolio tracker to track all the holdings in the account
  • A disciplined way of investment through SIP
  • A single platform to access all your investments

Kotak Mutual Fund Customer Care

Kotak Securities Customer Care Support Chat provides a live chat session with the associates to solve products, trading accounts, platforms and offers related information. You can also call at 1800 209 9191 or mail on service.securities@kotak.com for related queries.

Kotak Mutual Fund Advantages

  • Allows investment across both direct and regular mutual fund
  • Track mutual fund investment and get monthly updates
  • Doesn't charge any transaction and brokerage fee for mutual fund
  • Get SMS updates on the transactions
  • Invest through Call & Trade facility
  • Offers Kotak Mutual Funds across all the categories

Kotak Mutual Fund Disadvantages

  • Charges commission on regular mutual fund
  • Doesn't have an app and desktop-based mutual fund investment platform

Conclusion

Kotak Securities comes across as an excellent choice for mutual fund investments. It offers both in-house and mutual fund schemes from other fund houses. While investing in regular mutual funds, you have to pay commission for investing in regular mutual fund schemes as well. Investing in Kotak Mutual Fund Direct schemes is completely free.

Kotak Securities Special Offer

Kotak 3-in-1 Account

Kotak Mahendra Bank offers trinity account, a 3-in-1 account which is a combination of saving bank, trading and demat account. It offers convenient investment in Equity, Derivatives, Mutual Funds, IPO and ETF.

Looking for an online trading account? Request Callback from a stock broker.

Frequently Asked Questions

  1. 1. Can we check the status of Kotak Mutual Fund online?

    Yes, you can check the Kotak mutual fund status online. Following steps will help you in checking the status of your Kotak mutual fund investments-

    • Login to your Kotak Securities account
    • Click on Reports
    • Visit the Mutual Fund section
    • Click on check Order Status

     

  2. 2. How to Invest in Kotak Mutual Funds?

    You can invest in Kotak Mutual funds online as well as by contacting customer care. Please take the following steps to invest in Kotak Mutual funds online-

    • Login to Kotak Securities Web
    • Click on the Trading
    • Now click on Place Order
    • Select Mutual Funds as an option
    • Click on Purchase button
    • Select Type of Fund and Scheme
    • Click on Place Order button

    Kotak Mahindra Mutual Fund also allows investment in mutual funds through Call n Trade facility. Here are the steps to invest in Kotak Mutual Funds on phone-

    • Call the special number -1860 266 9191 from anywhere in India
    • You will be allotted a dealer.
    • Verify your identity and account details.
    • Place your order.

     

  3. 3. What is the minimum transaction amount with Kotak Mutual Fund?

    Each scheme has a minimum transaction amount. This amount can be different for different schemes. The minimum transaction amount is mentioned for each scheme in the scheme information document.

     

  4. 4. Is Kotak Mutual Fund Good?

    Kotak Mutual Fund is a good choice for mutual fund investors. It is a reputed Asset Management Company sponsored by Kotak Mahindra Bank. It is a SEBI and AMFI registered company and safe to invest. Kotak offers both regular and direct mutual funds.

    When it comes to the mutual fund investments of any fund house, they are subject to market risks. So, it is better to analyze your risk profile first before investing in any scheme offered by the AMC.

    Overall, Kotak Mutual Fund is a good choice for various reasons including it being a part of Kotak Group, offering both direct and regular funds and expert assistance in selecting funds.

     

Contact Kotak Securities / Request Call Back

Get Kotak 3-in-1 account for seamless trading and investment. The integrated trading + demat + saving bank account is for convenient investment in the stock market and mutual funds. Request a Callback.

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Information on this page was last updated on Tuesday, January 28, 2020


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