Kotak Equity Savings Fund Direct Growth
Hybrid
Direct
Equity Savings
NAV: ₹ 25.52 as on 22-04-2024
Fund Performance
532 people have invested ₹ 4.9Cr in Kotak Equity Savings Fund Direct Growth in the last three months
Mutual Fund Insights
Over the last 6 months, this fund has decreased expense ratio by 20.7% moving from 0.92 to 0.73.
In the last 5 years, Sundaram Equity Savings - Direct Plan - Growth Option has given 13.6% return, outperforming this fund by 1.89% per annum.
In the last 3 years, Sundaram Equity Savings - Direct Plan - Growth Option has given 14.84% return, outperforming this fund by 1.54% per annum.
This fund has one of the lowest expense ratio in the category (equity savings). Its expense ratio is 0.73% which is lower than the category average expense ratio of 1.06%.
Over the last 6 months, this fund has experienced a 52.6% growth in AUM moving from 3.15K Cr to 4.81K Cr.
In the last 1 year, HSBC Equity Savings Direct Plan Growth Plan has given 24.68% return, outperforming this fund by 4.03%.
INDmoney Rank of Kotak Equity Savings Fund Direct Growth
Powered by IND quant engine
2
/8
22% Performance
109% Risk Management
42% Cost
2 out of 8 among equity savings
About the Kotak Equity Savings Fund Direct Growth
Kotak Equity Savings Fund Direct Growth is a hybrid fund. This fund was started on 13 October, 2014. The fund is managed by Arjun Khanna, Abhishek Bisen, Devender Singhal, Hiten Shah. This fund gives you the benefit of diversification.
Key Parameters
- Kotak Equity Savings Fund Direct Growth has ₹4813 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
- The fund has an expense ratio 0.7.
Kotak Equity Savings Fund Direct Growth Overview
 | 0.73% |
 Benchmark | NIFTY Equity Savings TR INR |
 | ₹4813 Cr |
 | 13 October, 2014 |
 | ₹100/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 53.82% |
Kotak Equity Savings Fund Direct Growth Distribution as on (31-Mar-24)
Sector Allocation
Financial Services
35.4%
Consumer Cyclical
14.7%
Basic Materials
8.2%
Industrial
8%
Consumer Defensive
7.8%
Energy
7.2%
Utilities
5.9%
Health
4.6%
Tech
4.4%
Communication
2.8%
Real Estate
0.9%
Top Holdings of Kotak Equity Savings Fund Direct Growth as on (31-Mar-24)
Equity Holdings89
Debt Holdings18
Kotak Equity Savings Fund Direct Growth: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 4.8K Cr as of Mar'24
- AUM increased by 198.3 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Kotak Equity Savings Fund Direct Growth Fund Manager
Arjun Khanna
Fund Manager of Kotak Equity Savings Fund Direct Growth, since 30 April 2022
Top funds managed
Abhishek Bisen
Fund Manager of Kotak Equity Savings Fund Direct Growth, since 13 October 2014
Top funds managed
Devender Singhal
Fund Manager of Kotak Equity Savings Fund Direct Growth, since 1 April 2021
Top funds managed
Hiten Shah
Fund Manager of Kotak Equity Savings Fund Direct Growth, since 3 October 2019
Top funds managed
Kotak Equity Savings Fund Direct Growth Highlights
Moderate Risk
Investors understand that their principal will be at Moderate Risk
About the fund
This fund has delivered an average annual returns of 10.34% since inception which is more than its category average return of 7.99%
Fund Allocations
This fund has an allocation of 33.5% in Equity, 7.68% in Debt and 57.31% in Cash related instruments
AUM size ₹4813 Cr
This fund has AUM of ₹4813 Cr which is more than its category average of ₹ 1220 Cr
Expense Ratio 0.73%
This fund has an expense ratio of 0.73% which is less than its category average expense ratio of 1.16%
Frequently Asked Questions
The current NAV of Kotak Equity Savings Fund Direct Growth is ₹25.52 as on 22-Apr-2024.
Existing (Absolute + CAGR) as on 22-Apr-2024.
Kotak Equity Savings Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.2% | 1.2% |
6 Month Returns | 11.13% | 11.13% |
1 Year Returns | 20.64% | 20.64% |
3 Years Returns | 45.45% | 13.3% |
5 Years Returns | 73.98% | 11.71% |
With INDmoney, the process of investing is very simple and involves zero commission.
- 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.
0.73% as on March 2024
₹4813 Cr as on March 2024
HDFC Bank Ltd(6.33%), Kotak Liquid Dir Gr(4.79%), Kotak Money Market Dir Gr(4.62%), ICICI Bank Ltd(4.6%), Adani Ports & Special Economic Zone Ltd(3.92%) as on March 2024
Cash Equivalent(49.25%), Financial Services(11.87%), Government(8.64%) as on March 2024
AAA | 100 |
Arjun Khanna, Abhishek Bisen, Devender Singhal, Hiten Shah are the fund managers of Kotak Equity Savings Fund Direct Growth
The Exit load of Kotak Equity Savings Fund Direct Growth is 1%