Fund Details
Kotak Focused Equity Fund Direct Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.33% |
| NAV | ₹13.34 (20 Jan 2021) |
|---|---|
| Fund Started | 16 Jul 2019 |
| Fund Size | ₹1,744 Cr |
Returns
Comparison
1. Risk-adjusted returns are higher compared to the category
2. Lower expense ratio - 0.33%
3. 1Y Returns are higher than the category average returns
1. Age is less than 5 years
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 9.1% |
| ICICI Bank Ltd. | Financial | Equity | 8.7% |
| Reliance Industries Ltd. | Energy | Equity | 8.1% |
| Infosys Ltd. | Technology | Equity | 7.1% |
| State Bank of India | Financial | Equity | 4.4% |
| Shree Cement Ltd. | Construction | Equity | 4.3% |
| Hindustan Unilever Ltd. | FMCG | Equity | 3.9% |
| Tata Consultancy Services Ltd. | Technology | Equity | 3.7% |
| Mahindra & Mahindra Ltd. | Automobile | Equity | 3.4% |
| Supreme Industries Ltd. | Chemicals | 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 ₹1,744 Cr and the Latest NAV as of 20 Jan 2021 is ₹13.34.
The Kotak Focused 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/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.
