Fund Details
Kotak Emerging Equity Fund Direct Growth
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.55% |
| NAV | ₹63.31 (16 Apr 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹10,938 Cr |
Returns
Comparison
1. Lower expense ratio - 0.55%
2. 3Y Returns are higher than the category average returns
3. 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
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Supreme Industries Ltd. | Chemicals | Equity | 5.8% |
| The Ramco Cements Ltd. | Construction | Equity | 3.8% |
| Coromandel International Ltd. | Chemicals | Equity | 3.5% |
| Schaeffler India Ltd. | Engineering | Equity | 3.4% |
| Thermax Ltd. | Engineering | Equity | 3.2% |
| Persistent Systems Ltd. | Technology | Equity | 2.9% |
| Sheela Foam Ltd. | Textiles | Equity | 2.9% |
| PI Industries Ltd. | Chemicals | Equity | 2.8% |
| AU Small Finance Bank Ltd. | Financial | Equity | 2.6% |
| Atul Ltd. | Chemicals | Equity | 2.5% |
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 ₹10,938 Cr and the Latest NAV as of 16 Apr 2021 is ₹63.31.
The Kotak Emerging Equity 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
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.
