| Risk | High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 1.31% |
| NAV | ₹19.31 (23 Oct 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹235 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 6.1% |
| Larsen & Toubro Ltd. | Construction | Equity | 5.9% |
| Ultratech Cement Ltd. | Construction | Equity | 5.6% |
| Solar Industries India Ltd. | Chemicals | Equity | 5.5% |
| Shree Cement Ltd. | Construction | Equity | 5.2% |
| Supreme Industries Ltd. | Chemicals | Equity | 4.2% |
| Thermax Ltd. | Engineering | Equity | 4.1% |
| Bharti Airtel Ltd. | Communication | Equity | 4.0% |
| AIA Engineering Ltd. | Metals | Equity | 3.9% |
| APL Apollo Tubes Ltd. | Metals | Equity | 3.6% |
Kotak Infrastructure and Economic Reform Fund Direct Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹235 Cr and the Latest NAV as of 23 Oct 2020 is ₹19.31.
The Kotak Infrastructure and Economic Reform Fund Direct Growth 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
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.
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.