Kotak Equity Savings Fund Direct Growth

Kotak Equity Savings Fund Direct Growth

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Hybrid
Direct
Equity Savings
NAV: ₹ 26.1 as on 27-05-2024

About the Fund

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, Hiten Shah, Abhishek Bisen, Devender Singhal. This fund gives you the benefit of diversification.

Key Parameters

  1. Kotak Equity Savings Fund Direct Growth has ₹5132 Cr worth of assets under management (AUM) as on Apr 2024 and is more than category average.
  2. The fund has an expense ratio 0.7.
Fund Performance
zero opening, trading, fund transfer fee
599 people have invested ₹ 5.7Cr in Kotak Equity Savings Fund Direct Growth in the last three months

Overview

Expense ratio
Expense ratio
0.73%
Benchmark
Benchmark
NIFTY Equity Savings TR INR
AUM
AUM
₹5132 Cr
Inception Date
Inception Date
13 October, 2014
Min Lumpsum/SIP
Min Lumpsum/SIP
₹100/₹100
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
53.82%

Kotak Equity Savings Fund Direct Growth Distribution as on (30-Apr-24)

  • Equity 33.9%

  • Debt & Cash 64.7%

Sector Allocation

Apr'24

Mar'24

Feb'24

Financial Services
38.7%
Consumer Cyclical
12.6%
Basic Materials
9.6%
Consumer Defensive
9.1%
Industrial
6.9%
Energy
6.4%
Utilities
6.4%
Health
4.2%
Communication
3%
Tech
2.3%
Real Estate
0.9%

Top Holdings of Kotak Equity Savings Fund Direct Growth as on (30-Apr-24)

  • Equity

  • Debt & Cash

Equity Holdings96
Debt Holdings22

Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 5.1K Cr
₹ 4.8K Cr
₹ 4.6K Cr
  • AUM of the fund stands at 5.1K Cr as of Apr'24
  • AUM increased by 318.9 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Mutual Fund Insights

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Over the last 6 months, this fund has experienced a 55.9% growth in AUM moving from 3.29K Cr to 5.13K Cr.
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In the last 3 years, Sundaram Equity Savings - Direct Plan - Growth Option has given 14.2% return, outperforming this fund by 0.86% per annum.
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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%.
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Over the last 6 months, this fund has decreased expense ratio by 18.0% moving from 0.89 to 0.73.
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In the last 1 year, HSBC Equity Savings Direct Plan Growth Plan has given 24.27% return, outperforming this fund by 3.33%.
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In the last 5 years, Sundaram Equity Savings - Direct Plan - Growth Option has given 13.79% return, outperforming this fund by 1.72% per annum.

INDmoney Rank

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1
/8
2% Performance
110% Risk Management
41% Cost
1 out of 8 among equity savings

Fund Manager

Arjun Khanna
Arjun Khanna
Fund Manager of Kotak Equity Savings Fund Direct Growth, since 30 April 2022
Hiten Shah
Hiten Shah
Fund Manager of Kotak Equity Savings Fund Direct Growth, since 3 October 2019
Abhishek Bisen
Abhishek Bisen
Fund Manager of Kotak Equity Savings Fund Direct Growth, since 13 October 2014
Devender Singhal
Devender Singhal
Fund Manager of Kotak Equity Savings Fund Direct Growth, since 1 April 2021

Kotak Equity Savings Fund Direct Growth Highlights

Risk meter
pointer

Moderate Risk

Investors understand that their principal will be at Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 10.49% since inception which is more than its category average return of 8.1%
Fund Allocations

Fund Allocations

This fund has an allocation of 33.94% in Equity, 7.22% in Debt and 57.47% in Cash related instruments
AUM size ₹5132 Cr

AUM size ₹5132 Cr

This fund has AUM of ₹5132 Cr which is more than its category average of ₹ 1280 Cr
Expense Ratio 0.73%

Expense Ratio 0.73%

This fund has an expense ratio of 0.73% which is less than its category average expense ratio of 1.15%

Frequently Asked Questions

The current NAV of Kotak Equity Savings Fund Direct Growth is ₹26.1 as on 27-May-2024.
Existing (Absolute + CAGR) as on 27-May-2024.
Kotak Equity Savings Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.99%
1.99%
6 Month Returns
11.65%
11.65%
1 Year Returns
20.94%
20.94%
3 Years Returns
45.56%
13.33%
5 Years Returns
76.77%
12.07%
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 April 2024
₹5132 Cr as on April 2024
HDFC Bank Ltd(5.35%), ICICI Bank Ltd(4.54%), Kotak Liquid Dir Gr(4.52%), Kotak Money Market Dir Gr(4.36%), Adani Ports & Special Economic Zone Ltd(3.63%) as on April 2024
Cash Equivalent(48.72%), Financial Services(13.14%), Corporate(9.39%) as on April 2024
AAA
100
Arjun Khanna, Hiten Shah, Abhishek Bisen, Devender Singhal are the fund managers of Kotak Equity Savings Fund Direct Growth
The Exit load of Kotak Equity Savings Fund Direct Growth is 1%