Fund Details
Kotak Infrastructure and Economic Reform Fund Direct IDCW
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 1.31% |
| NAV | ₹29.99 (18 Jun 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹362 Cr |
Returns
Comparison
1. 1Y Returns are higher than the category average returns
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 less than 500 Crs. Watch expense ratio when AUM is very low
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Solar Industries India Ltd. | Chemicals | Equity | 5.8% |
| Reliance Industries Ltd. | Energy | Equity | 5.7% |
| Larsen & Toubro Ltd. | Construction | Equity | 4.9% |
| Bharti Airtel Ltd. | Communication | Equity | 4.7% |
| Ultratech Cement Ltd. | Construction | Equity | 4.6% |
| Thermax Ltd. | Engineering | Equity | 4.6% |
| Schaeffler India Ltd. | Engineering | Equity | 4.4% |
| Container Corpn. Of India Ltd. | Services | Equity | 4.3% |
| Shree Cement Ltd. | Construction | Equity | 4.0% |
| HG Infra Engineering Ltd. | Construction | Equity | 3.9% |
Fund Managers
Kotak Infrastructure and Economic Reform Fund Direct IDCW Details
Kotak Infrastructure and Economic Reform Fund Direct IDCW is a Equity Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Harish Krishnan is the Current Fund Manager of Kotak Infrastructure and Economic Reform Fund Direct IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹362 Cr and the Latest NAV as of 18 Jun 2021 is ₹29.99.
The Kotak Infrastructure and Economic Reform Fund Direct IDCW 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 diversified portfolio of predominantly equity and equity-related securities of companies involved in economic development of India as a result of potential investments in infrastructure and unfolding economic reforms.
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.
