Fund Details
Kotak Infrastructure and Economic Reform Fund Direct Growth
| Risk | High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 1.31% |
| NAV | ₹24.02 (19 Jan 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹244 Cr |
Returns
Comparison
1. 3Y Returns are higher than the category average returns
2. 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
2. Risk-adjusted returns are lower compared to the category
3. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Larsen & Toubro Ltd. | Construction | Equity | 6.5% |
| Solar Industries India Ltd. | Chemicals | Equity | 5.4% |
| Shree Cement Ltd. | Construction | Equity | 5.0% |
| Ultratech Cement Ltd. | Construction | Equity | 5.0% |
| Reliance Industries Ltd. | Energy | Equity | 4.8% |
| Thermax Ltd. | Engineering | Equity | 4.6% |
| Bharti Airtel Ltd. | Communication | Equity | 4.3% |
| Supreme Industries Ltd. | Chemicals | Equity | 4.0% |
| Schaeffler India Ltd. | Engineering | Equity | 4.0% |
| AIA Engineering Ltd. | Metals | Equity | 3.8% |
Fund Managers
Kotak Infrastructure and Economic Reform Fund Direct Growth Details
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 ₹244 Cr and the Latest NAV as of 19 Jan 2021 is ₹24.02.
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
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.
