Kotak Consumption Fund Direct Growth
About the Fund
Kotak Consumption Fund Direct Growth is an equity fund. This fund was started on 16 November, 2023. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- Kotak Consumption Fund Direct Growth has ₹683 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
- The fund has an expense ratio 0.7.
Returns
Kotak Consumption Fund Direct Growth has given a CAGR return of 31.73% since inception.
Holdings
Kotak Consumption Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Defensive, Consumer Cyclical, Communication, Industrial, Health, Basic Materials, Real Estate. Its top holdings are Bharti Airtel Ltd, Maruti Suzuki India Ltd, Hindustan Unilever Ltd, Hero MotoCorp Ltd, ITC Ltd
Taxation
As it is a equity - consumption mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of Kotak Consumption Fund Direct Growth
The investment objective of the scheme is to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related securities of companies engaged in consumption and consumption related activities. However, there is no assurance that the objective of the scheme will be achieved
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Kotak Consumption Fund Direct Growth has no lock in period.
Fund Overview
| Expense ratio | 0.68% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹683 Cr |
| Inception Date | 16 November, 2023 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1% |
| Lock In | No Lock-in |
TurnOver | 0% |
| Risk |   Very High Risk |
Fund Distributionas on (30-Jun-24)
as on (30-Jun-24)
Returns for the month of Jun
Top Growth Drivers | 1M Return |
|---|---|
Samvardhana Motherson International Ltd | 2.4% |
 Pokarna Ltd | 1.4% |
Kotak Consumption Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹683 Cr
Expense Ratio 0.68%
Frequently Asked Questions
Kotak Consumption Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 5.28% | 5.28% |
6 Month Returns | 23% | 23% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Kotak Consumption Fund Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Kotak Consumption Fund Direct Growth | - | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Kotak Consumption Fund Direct Growth | - | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Kotak Consumption Fund Direct Growth | - | - | - |