Kotak Equity Opportunities Fund Direct Growth
Equity
Direct
Large & Mid- Cap
NAV as on 04-10-2024
₹ 391.2
1D
Inception Returns
19%
/yr
About the Fund
Kotak Equity Opportunities Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Harsha Upadhyaya, Arjun Khanna. The fund could potentially beat inflation in the long-run.
Key Parameters
- Kotak Equity Opportunities Fund Direct Growth has ₹25293 Cr worth of assets under management (AUM) as on Aug 2024 and is more than category average.
- The fund has an expense ratio 0.5.
Returns
Kotak Equity Opportunities Fund Direct Growth has given a CAGR return of 18.97% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 43.22%, 22.02% and 25.83% respectively.
Holdings
Kotak Equity Opportunities Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Basic Materials, Health, Energy, Tech, Utilities, Corporate, Communication, Consumer Defensive, Real Estate, Government. Its top holdings are HDFC Bank Ltd, State Bank of India, Zomato Ltd, Bharat Electronics Ltd, ICICI Bank Ltd
Taxation
As it is a large & mid- cap 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 Equity Opportunities Fund Direct Growth
The investment objective of the scheme is to generate capital appreciation from a diversified portfolio of equity and equity related securities. The scheme will invest predominantly in a mix of large and mid cap stocks from various sectors, which look promising, based on the growth pattern in the economy. There is no assurance that the investment 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 Equity Opportunities Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
▲
▼
16462 people have invested ₹ 11.7Cr in Kotak Equity Opportunities Fund Direct Growth in the last three months
INDmoney Rank
Powered by IND quant engine
IND ranking is not available for this fund.
5Y returns in the top 25% of the category
Lower expense ratio
Larger AUM within category
No bad points found for this fund.
Fund Overview
| Expense ratio | 0.47% |
Benchmark | S&P BSE 200 India TR INR |
| AUM | ₹25293 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 31.58% |
| STCG | Redeeming before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (04-Oct-24)
Fund Distribution
as on (31-Aug-24)
Large cap
55.3%
Mid cap
37.6%
Small cap
5.6%
Sector Allocation
Financial Services
19.6%
Industrial
18.2%
Consumer Cyclical
13.8%
Basic Materials
13.8%
Health
8.6%
Energy
7.6%
Tech
7.3%
Utilities
5.8%
Communication
2.3%
Consumer Defensive
2%
Real Estate
1.1%
All changes are between Jun'24 and Aug'24
- This fund’s returns stands at -0.23% whereas the fund’s underlying benchmark Nifty 500 returns stands at 0.97% as on Aug'24
- This fund underperformed Nifty 500 by 1.20% in Aug'24
- AUM of the fund stands at 25.3K Cr as of Aug'24
- AUM increased by 218.1 Cr between Aug'24 and Jul'24
Top Stocks bought last month
Infosys Ltd's allocation increased from 2.24% to 2.92%
Zomato Ltd's allocation increased from 3.07% to 3.45%
Mphasis Ltd's allocation increased from 1.1% to 1.47%
Top Stocks sold last month
State Bank of India's allocation decreased from 3.83 % to 3.55 %
Bharat Electronics Ltd's allocation decreased from 3.53 % to 3.31 %
Axis Bank Ltd's allocation decreased from 2.88 % to 2.88 %
Mid Cap allocation has gone down from 40.8% to 37.6%
Large Cap allocation has gone up from 53.2% to 55.3%
Small Cap allocation has gone up from 5% to 5.6%
Cash allocation has gone up from 1.4% to 1.6%
Top 3 Sectors in August were Industrial, Financial Services & Consumer Cyclical
Aug'24
Financial Services
20%
Industrial
18%
Consumer Cyclical
14%
Jul'24
Industrial
20%
Financial Services
20%
Consumer Cyclical
14%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 5.18% | 0% | |
 State Bank of India | 3.55% | 0% | |
 Zomato Ltd | 3.45% | 3.9% | |
 Bharat Electronics Ltd | 3.31% | 0% | |
 ICICI Bank Ltd | 3.16% | 0% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 Blue Star Ltd | 21.3% |
 Zomato Ltd | 8% |
 Linde India Ltd | 7.5% |
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Harsha Upadhyaya
Fund Manager of Kotak Equity Opportunities Fund Direct Growth, since 4 August 2012
Top funds managed
Arjun Khanna
Fund Manager of Kotak Equity Opportunities Fund Direct Growth, since 30 April 2022
Top funds managed
Fund House
Kotak Mahindra Asset Management Co Ltd
Total Schemes
Total AUM
₹4.66L Cr
as on 31-Aug-2024
Address
Kotak Mahindra Asset management Company Limited,2nd Floor, 12-BKC, Plot No C-12,G Block, BKC, Bandra (East),Mumbai - 400 051
Phone
91-22-40930000
Website
fundaccops@kotakmutual.com
Mutual Fund Insights
Over the last 1 month, this fund has decreased expense ratio by 9.6% moving from 0.52 to 0.47.
In the last 5 years, Quant Large and Mid Cap Fund Growth Option Direct Plan has given 30.74% return, outperforming this fund by 4.91% per annum.
In the last 3 years, Motilal Oswal Large and Midcap Fund Direct Growth has given 27.42% return, outperforming this fund by 5.4% per annum.
This fund has one of the lowest expense ratio in the category (large & mid- cap). Its expense ratio is 0.47% which is lower than the category average expense ratio of 1.19%.
Over the last 6 months, this fund has experienced a 32.5% growth in AUM moving from 19.09K Cr to 25.29K Cr.
In the last 1 year, Motilal Oswal Large and Midcap Fund Direct Growth has given 59.81% return, outperforming this fund by 16.59%.
Kotak Equity Opportunities Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 18.97% since inception which is more than its category average return of 17.85%
Fund Allocations
This fund has an allocation of 98.39% in Equity, 0% in Debt and 1.61% in Cash related instruments
AUM size ₹0 Cr
This fund has AUM of ₹0 Cr which is more than its category average of ₹ 7849 Cr
Expense Ratio 0.47%
This fund has an expense ratio of 0.47% which is less than its category average expense ratio of 1.32%
Frequently Asked Questions
The current NAV of Kotak Equity Opportunities Fund Direct Growth is ₹391.2 as on 04-Oct-2024.
Existing (Absolute + CAGR) as on 04-Oct-2024.
Kotak Equity Opportunities Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -0.17% | -0.17% |
6 Month Returns | 17.76% | 17.76% |
1 Year Returns | 43.22% | 43.22% |
3 Years Returns | 81.66% | 22.02% |
5 Years Returns | 215.45% | 25.83% |
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0.47% as on September 2024
₹25293 Cr as on September 2024
HDFC Bank Ltd(5.18%), State Bank of India(3.55%), Zomato Ltd(3.45%), Bharat Electronics Ltd(3.31%), ICICI Bank Ltd(3.16%) as on September 2024
Financial Services(19.25%), Industrial(17.91%), Consumer Cyclical(13.63%) as on September 2024
The alpha ratio for the Kotak Equity Opportunities Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Kotak Equity Opportunities Fund Direct Growth | 7.33 | 3.66 | 2.15 |
As on September 2024
The alpha for Kotak Equity Opportunities Fund Direct Growth is calculated against S&P BSE 200 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Kotak Equity Opportunities Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Kotak Equity Opportunities Fund Direct Growth | 0.79 | 0.87 | 0.88 |
As on September 2024
The Beta for Kotak Equity Opportunities Fund Direct Growth is calculated with S&P BSE 200 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Kotak Equity Opportunities Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Kotak Equity Opportunities Fund Direct Growth | 3.05 | 1.35 | 1.12 |
As on September 2024
The sharpe ratio for Kotak Equity Opportunities Fund Direct Growth is calculated with S&P BSE 200 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Kotak Equity Opportunities Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Kotak Equity Opportunities Fund Direct Growth | 10.29 | 12.07 | 17.44 |
As on September 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 2.72 as on September 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.64 as on September 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Harsha Upadhyaya, Arjun Khanna are the fund managers of Kotak Equity Opportunities Fund Direct Growth
The Exit load of Kotak Equity Opportunities Fund Direct Growth is 1%