Kotak Equity Savings Fund Direct Monthly Reinvestment of Income Distribution cum Cap Wdrl

Hybrid
Direct
Equity Savings
Kotak Equity Savings Fund Direct Monthly Reinvestment of Income Distribution cum Cap Wdrl

About the Fund

Kotak Equity Savings Fund Direct Monthly Reinvestment of Income Distribution cum Cap Wdrl is a hybrid fund. This fund was started on 13 October, 2014. The fund is managed by Devender Singhal, Arjun Khanna, Abhishek Bisen, Hiten Shah. This fund gives you the benefit of diversification.

Key Parameters

  1. Kotak Equity Savings Fund Direct Monthly Reinvestment of Income Distribution cum Cap Wdrl has ₹6077 Cr worth of assets under management (AUM) as on Jun 2024 and is more than category average.
  2. The fund has an expense ratio 0.7.

Returns

Kotak Equity Savings Fund Direct Monthly Reinvestment of Income Distribution cum Cap Wdrl has given a CAGR return of 10.36% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 20.57%, 13.58% and 12.37% respectively.

Holdings

Kotak Equity Savings Fund Direct Monthly Reinvestment of Income Distribution cum Cap Wdrl has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Corporate, Basic Materials, Consumer Defensive, Communication, Energy, Industrial, Utilities, Government, Tech, Health, Real Estate.

Taxation

As it is a equity savings mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
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 benefit
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of Kotak Equity Savings Fund Direct Monthly Reinvestment of Income Distribution cum Cap Wdrl

The investment objective of the scheme is to generate capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and derivatives segment of the equity market, and enhance returns with a moderate exposure in equity & equity related instruments.There is no assurance or guarantee 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 Savings Fund Direct Monthly Reinvestment of Income Distribution cum Cap Wdrl has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
8 people have invested ₹ 5.3K in Kotak Equity Savings Fund Direct Monthly Reinvestment of Income Distribution cum Cap Wdrl in the last three months

Fund Overview

Expense ratio0.69%
Benchmark
NIFTY Equity Savings TR INR
AUM₹6077 Cr
Inception Date13 October, 2014
Min Lumpsum/SIP₹100/₹100
Exit Load
1%
Lock InNo Lock-in
TurnOver
53.82%
Risk
Risk meter
pointer
Moderate Risk

Fund Distribution
as on (30-Jun-24)

  • Equity 34.9%

  • Debt & Cash 64%

Sector Allocation

May'24

Apr'24

Mar'24

Financial Services
41.3%
Consumer Cyclical
13.7%
Basic Materials
8.2%
Industrial
7.5%
Consumer Defensive
6.7%
Energy
6.4%
Utilities
5.7%
Communication
5.5%
Tech
2.4%
Health
2%
Real Estate
0.7%
All changes are between Oct'69 and Dec'69

Devender Singhal
Devender Singhal
Fund Manager of Kotak Equity Savings Fund Direct Monthly Reinvestment of Income Distribution cum Cap Wdrl, since 1 April 2021
Arjun Khanna
Arjun Khanna
Fund Manager of Kotak Equity Savings Fund Direct Monthly Reinvestment of Income Distribution cum Cap Wdrl, since 30 April 2022
Abhishek Bisen
Abhishek Bisen
Fund Manager of Kotak Equity Savings Fund Direct Monthly Reinvestment of Income Distribution cum Cap Wdrl, since 13 October 2014
Hiten Shah
Hiten Shah
Fund Manager of Kotak Equity Savings Fund Direct Monthly Reinvestment of Income Distribution cum Cap Wdrl, since 3 October 2019

Kotak Equity Savings Fund Direct Monthly Reinvestment of Income Distribution cum Cap Wdrl 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 10.36% since inception which is more than its category average return of 8.42%
Fund Allocations

Fund Allocations

This fund has an allocation of 34.9% in Equity, 5.96% in Debt and 57.99% in Cash related instruments
AUM size ₹6077 Cr

AUM size ₹6077 Cr

This fund has AUM of ₹6077 Cr which is more than its category average of ₹ 1385 Cr
Expense Ratio 0.69%

Expense Ratio 0.69%

This fund has an expense ratio of 0.69% which is less than its category average expense ratio of 1.14%

Frequently Asked Questions

The current NAV of Kotak Equity Savings Fund Direct Monthly Reinvestment of Income Distribution cum Cap Wdrl is ₹19.36 as on 12-Jul-2024.
Existing (Absolute + CAGR) as on 12-Jul-2024.
Kotak Equity Savings Fund Direct Monthly Reinvestment of Income Distribution cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
1.89%
1.89%
6 Month Returns
9.8%
9.8%
1 Year Returns
20.57%
20.57%
3 Years Returns
46.51%
13.58%
5 Years Returns
79.15%
12.37%
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.
0.69% as on June 2024
₹6077 Cr as on June 2024
HDFC Bank Ltd(8.88%), Kotak Liquid Dir Gr(4.69%), Adani Ports & Special Economic Zone Ltd(3.88%), Kotak Money Market Dir Gr(3.73%), Bharti Airtel Ltd(3.27%) as on June 2024
Cash Equivalent(55.77%), Financial Services(12.03%), Corporate(6.63%) as on June 2024
AAA
100
Devender Singhal, Arjun Khanna, Abhishek Bisen, Hiten Shah are the fund managers of Kotak Equity Savings Fund Direct Monthly Reinvestment of Income Distribution cum Cap Wdrl
The Exit load of Kotak Equity Savings Fund Direct Monthly Reinvestment of Income Distribution cum Cap Wdrl is 1%