|Min SIP Amount||₹1000|
|NAV||₹21.02 (04 Dec 2020)|
|Fund Started||27 Jul 2005|
|Fund Size||₹802 Cr|
|Reliance Industries Ltd.||Energy||Equity||8.8%|
|HDFC Bank Ltd.||Financial||Equity||6.7%|
|ICICI Bank Ltd.||Financial||Equity||6.6%|
|Tata Consultancy Services Ltd.||Technology||Equity||4.2%|
|Ultratech Cement Ltd.||Construction||Equity||3.2%|
|Axis Bank Ltd.||Financial||Equity||2.8%|
|Bharti Airtel Ltd.||Communication||Equity||2.5%|
|Larsen & Toubro Ltd.||Construction||Equity||2.5%|
|Maruti Suzuki India Ltd.||Automobile||Equity||2.4%|
Kotak India EQ Contra Fund Regular Dividend is a Equity Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was made available to investors on 27 Jul 2005. Deepak Gupta is the Current Fund Manager of Kotak India EQ Contra Fund Regular Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹802 Cr and the Latest NAV as of 04 Dec 2020 is ₹21.02.
The Kotak India EQ Contra Fund Regular Dividend is rated Moderately 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.