Just In: Avail Instant Redemption for Kotak Liquid Direct-Growth Fund on Paytm Money

Paytm Money
Oct 15 · 2 min read

We are very pleased to announce that we have enabled instant redemption facility for Kotak Liquid Direct- Growth Fund on our app. Now you would be able to park your excess cash to earn higher returns in the short term.

Insta Redemption Funds have the following features:

  • These funds offer higher returns on investment than a savings bank account while carrying the same level of liquidity and flexibility. In fact, around 20% of our investors use insta redemption funds to invest lump sum over the short run.
  • These funds are highly flexible given they do not levy an exit load at the time of redemption. You are allowed to withdraw an amount of up to Rs 50,000 or 90% of the invested capital instantly and the remaining amount on the next day.

About Kotak Liquid Direct- Growth Fund

Kotak Liquid Direct- Growth Fund was launched on 04 November 2003 by Kotak Mahindra Asset Management Company Ltd. It is an open-ended debt fund which aims to provide reasonable returns by investing in debt and money market instruments.

The fund maintains a high level of liquidity. The fund, being a direct plan, offers you up to a 1% higher return on investment than a regular plan. It is managed by Mr. Deepak Agarwal. This liquid fund is suitable for investors who have a low-risk tolerance.

Also, Kotak Liquid Direct — Growth Fund presents a good opportunity to earn an alternative income over a short term investment horizon.

Check out other insta redemption funds on Paytm Money app:

So what are waiting for? Start investing in insta redemption funds today and earn higher returns.

Disclaimer: Mutual Fund investments are subject to market risks; read all scheme related documents carefully. Past performance is not an indicator of future returns.

Paytm Money

Paytm Money is India’s largest online platform for mutual fund investments and the wholly owned subsidiary of One97 Communications Limited that operates Paytm.

Paytm Money

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Hello India. Start Investing with Paytm Money. Download the App on Android or iOS: https://pytm.my

Paytm Money

Paytm Money is India’s largest online platform for mutual fund investments and the wholly owned subsidiary of One97 Communications Limited that operates Paytm.

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