| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.33% |
| NAV | ₹11.01 (23 Oct 2020) |
|---|---|
| Fund Started | 16 Jul 2019 |
| Fund Size | ₹1,638 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 10.0% |
| Infosys Ltd. | Technology | Equity | 8.1% |
| HDFC Bank Ltd. | Financial | Equity | 7.2% |
| ICICI Bank Ltd. | Financial | Equity | 6.0% |
| Tata Consultancy Services Ltd. | Technology | Equity | 4.8% |
| Shree Cement Ltd. | Construction | Equity | 3.7% |
| Hindustan Unilever Ltd. | FMCG | Equity | 3.6% |
| Britannia Industries Ltd. | FMCG | Equity | 3.2% |
| Larsen & Toubro Ltd. | Construction | Equity | 3.2% |
| Alkem Laboratories Ltd. | Healthcare | Equity | 3.1% |
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 ₹1,638 Cr and the Latest NAV as of 23 Oct 2020 is ₹11.01.
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
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.
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.