Fund Details
Kotak Emerging Equity Fund Direct Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.59% |
| NAV | ₹57.04 (20 Jan 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹9,016 Cr |
Fund Overview
Returns
Comparison
1. Lower expense ratio - 0.62%
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
4. 5Y Returns are higher than the category average returns
1. Asset under management(AUM) is more than 5000 Crs. Returns tend to go low once AUM exceeds a certain amount
2. Risk-adjusted returns are lower compared to the category
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Supreme Industries Ltd. | Chemicals | Equity | 5.9% |
| Coromandel International Ltd. | Chemicals | Equity | 4.1% |
| The Ramco Cements Ltd. | Construction | Equity | 4.1% |
| PI Industries Ltd. | Chemicals | Equity | 3.6% |
| Schaeffler India Ltd. | Engineering | Equity | 2.9% |
| Sheela Foam Ltd. | Textiles | Equity | 2.8% |
| Kajaria Ceramics Ltd. | Construction | Equity | 2.6% |
| Thermax Ltd. | Engineering | Equity | 2.5% |
| Cadila Healthcare Ltd. | Healthcare | Equity | 2.3% |
| Atul Ltd. | Chemicals | Equity | 2.2% |
Fund Managers
Kotak Emerging Equity Fund Direct Growth Details
Kotak Emerging Equity 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. Pankaj Tibrewal is the Current Fund Manager of Kotak Emerging Equity Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹9,016 Cr and the Latest NAV as of 20 Jan 2021 is ₹57.04.
The Kotak Emerging Equity Fund Direct Growth 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
Investment Objective
The scheme seeks to generate long-term capital appreciation from a portfolio of equity and equity related securities, by investing predominantly in mid companies.
Tax Implications
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.
