Fund Details
Kotak Focused Equity Fund Direct Growth
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.35% |
| NAV | ₹13.94 (11 May 2021) |
|---|---|
| Fund Started | 16 Jul 2019 |
| Fund Size | ₹1,833 Cr |
Returns
Comparison
1. Lower expense ratio - 0.35%
2. 1Y Returns are higher than the category average returns
1. Age is less than 5 years
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| ICICI Bank Ltd. | Financial | Equity | 8.5% |
| Infosys Ltd. | Technology | Equity | 8.0% |
| HDFC Bank Ltd. | Financial | Equity | 7.0% |
| Reliance Industries Ltd. | Energy | Equity | 6.6% |
| State Bank of India | Financial | Equity | 5.2% |
| Shree Cement Ltd. | Construction | Equity | 4.3% |
| Supreme Industries Ltd. | Chemicals | Equity | 3.6% |
| Tata Consultancy Services Ltd. | Technology | Equity | 3.6% |
| Mahindra & Mahindra Ltd. | Automobile | Equity | 3.5% |
| Bharti Airtel Ltd. | Communication | Equity | 3.4% |
Fund Managers
Kotak Focused Equity Fund Direct Growth Details
Kotak Focused Equity Fund Direct Growth is a Equity Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was made available to investors on 16 Jul 2019. Harish Krishnan is the Current Fund Manager of Kotak Focused Equity Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹1,833 Cr and the Latest NAV as of 11 May 2021 is ₹13.94.
The Kotak Focused 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/income by investing in equity & equity related instruments across market capitalization of up to 30 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.
