|Min SIP Amount||₹1000|
|NAV||₹78.42 (09 Apr 2021)|
|Fund Started||01 Jan 2013|
|Fund Size||₹943 Cr|
|ICICI Bank Ltd.||Financial||Equity||8.2%|
|HDFC Bank Ltd.||Financial||Equity||6.6%|
|Reliance Industries Ltd.||Energy||Equity||6.5%|
|State Bank of India||Financial||Equity||4.3%|
|Ultratech Cement Ltd.||Construction||Equity||3.7%|
|Axis Bank Ltd.||Financial||Equity||3.5%|
|Larsen & Toubro Ltd.||Construction||Equity||3.0%|
|Bharti Airtel Ltd.||Communication||Equity||2.8%|
|Tata Consultancy Services Ltd.||Technology||Equity||2.7%|
Kotak India EQ Contra Fund Direct Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹943 Cr and the Latest NAV as of 09 Apr 2021 is ₹78.42.
The Kotak India EQ Contra Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000. 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.