|Min SIP Amount||₹1000|
|NAV||₹26.21 (19 Jan 2021)|
|Fund Started||01 Jan 2013|
|Fund Size||₹876 Cr|
|Reliance Industries Ltd.||Energy||Equity||7.6%|
|HDFC Bank Ltd.||Financial||Equity||7.4%|
|ICICI Bank Ltd.||Financial||Equity||7.4%|
|Tata Consultancy Services Ltd.||Technology||Equity||3.4%|
|Axis Bank Ltd.||Financial||Equity||3.1%|
|Ultratech Cement Ltd.||Construction||Equity||3.1%|
|State Bank of India||Financial||Equity||2.8%|
|Larsen & Toubro Ltd.||Construction||Equity||2.6%|
|Bharti Airtel Ltd.||Communication||Equity||2.5%|
Kotak India EQ Contra Fund Direct Dividend is a Equity Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Deepak Gupta is the Current Fund Manager of Kotak India EQ Contra Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹876 Cr and the Latest NAV as of 19 Jan 2021 is ₹26.21.
The Kotak India EQ Contra Fund Direct Dividend is rated Moderately High risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 200000. For units in excess of 10% of the investment,1% will be charged for redemption within 365 days
The scheme aims to generate capital appreciation from a diversified portfolio of equity and equity related instruments. It will invest in stocks of companies, which are fundamentally sound but are undervalued.
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.