| Risk | High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 1.34% |
| NAV | ₹18.56 (13 Jul 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹247 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Larsen & Toubro Ltd. | Construction | Equity | 6.6% |
| Shree Cement Ltd. | Construction | Equity | 6.5% |
| Ultratech Cement Ltd. | Construction | Equity | 6.3% |
| Solar Industries India Ltd. | Chemicals | Equity | 5.7% |
| Reliance Industries Ltd. | Energy | Equity | 4.7% |
| AIA Engineering Ltd. | Metals | Equity | 4.5% |
| Thermax Ltd. | Engineering | Equity | 4.2% |
| Supreme Industries Ltd. | Chemicals | Equity | 3.7% |
| Indraprastha Gas Ltd. | Energy | Equity | 3.5% |
| Schaeffler India Ltd. | Engineering | Equity | 3.4% |
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 ₹247 Cr and the Latest NAV as of 13 Jul 2020 is ₹18.56.
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 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.
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.