Kotak Infrastructure and Economic Reform Fund Direct Dividend+1.86%

4
-29.43%
1 Year Return
Equity
Sectoral/Thematic
4.0star
6M
1Y
3Y
5Y
All

Fund Details

Kotak Infrastructure and Economic Reform Fund Direct Dividend

RiskHigh
Min SIP Amount₹1000
Expense Ratio1.38%
NAV16.11 (28 May 2020)
Fund Started01 Jan 2013
Fund Size233 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Kotak Infrastructure and Economic Reform Fund Direct Dividend
-29.4%
-8.2%
1.3%
8.3%
Category Average
-25.1%
-10.4%
-2.0%
-
Rank within category
11
12
7
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with -29.4% annual returns

    Comparison

    Data not available
    Pros
    Found nothing so far.
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
    2. Risk-adjusted returns are lower compared to the category
    3. Risk is higher compared to the benchmark
    4. 1Y Returns are lower than the benchmark
    5. 3Y Returns are lower than the benchmark
    6. 5Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    Shree Cement Ltd.ConstructionEquity7.2%
    Larsen & Toubro Ltd.ConstructionEquity6.2%
    Ultratech Cement Ltd.ConstructionEquity6.1%
    Solar Industries India Ltd.ChemicalsEquity5.5%
    Reliance Industries Ltd.EnergyEquity4.7%
    Supreme Industries Ltd.ChemicalsEquity4.2%
    AIA Engineering Ltd.MetalsEquity4.2%
    Thermax Ltd.EngineeringEquity4.2%
    Indraprastha Gas Ltd.EnergyEquity3.9%
    Schaeffler India Ltd.EngineeringEquity3.6%
    See All

    Kotak Infrastructure and Economic Reform Fund Direct Dividend Details

    Kotak Infrastructure and Economic Reform Fund Direct Dividend 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 Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹233 Cr and the Latest NAV as of 28 May 2020 is ₹16.11.

    The Kotak Infrastructure and Economic Reform Fund Direct Dividend is rated 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 investment objective of the Scheme is to generate long-term capital appreciation from a diversified portfolio of predominantly (at least 65%) 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.

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹1000
    Min for Second Investment
    For units in excess of 10% of the investment,1% will be charged for redemption within 365 days
    Exit Load

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    About Kotak Mahindra Mutual Fund

    Address
    27 BKC, C-27, G Block, Bandra Kurla Complex, Bandra (E) Mumbai 400051
    Phone
    022 - 66384444
    Launch Date
    23 Jun 1998
    Kotak Mahindra Mutual Fund
    Asset Management Company
    Custodian
    Citibank NA
    Registrar & Transfer Agent
    Cams
    Address
    7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
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