Kotak Focused Equity Fund Direct Growth
Equity
Direct
Focused Fund
NAV as on 18-10-2024
₹ 27.35
▲0.3%
1D
Inception Returns
21%
/yr
About Kotak Focused Equity Fund Direct Growth
Kotak Focused Equity Fund Direct Growth is an equity fund. This fund was started on 10 July, 2019. The fund is managed by Arjun Khanna, Shibani Kurian. The fund could potentially beat inflation in the long-run.
Key Parameters
- Kotak Focused Equity Fund Direct Growth has ₹3758 Cr worth of assets under management (AUM) as on Sep 2024 and is less than category average.
- The fund has an expense ratio 0.5.
Returns
Kotak Focused Equity Fund Direct Growth has given a CAGR return of 21.01% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 38.36%, 15.18% and 21.06% respectively.
Holdings
Kotak Focused Equity Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Tech, Health, Utilities, Consumer Defensive, Communication, Basic Materials, Energy. Its top holdings are ICICI Bank Ltd, HDFC Bank Ltd, Bharti Airtel Ltd, Infosys Ltd, Sun Pharmaceuticals Industries Ltd
Taxation
As it is a focused fund 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 Focused Equity Fund Direct Growth
The investment objective of the scheme is to generate long term capital appreciation/income by investing in equity & equity related instruments across market capitalization of up to 30 companies. However, there is no assurance that the objective of the scheme will be realized.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Kotak Focused Equity Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
▲
▼
601 people have invested ₹ 51.2L in Kotak Focused Equity Fund Direct Growth in the last three months
INDmoney Rank for Kotak Focused Equity Fund Direct Growth
Powered by IND quant engine
8
/19
51% Performance
46% Risk Management
94% Cost
8 out of 19 among focused fund
Beats FD returns for both 3Y & 5Y
No bad points found for this fund.
Kotak Focused Equity Fund Direct Growth Overview
| Expense ratio | 0.5% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹3758 Cr |
| Inception Date | 10 July, 2019 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 29.4% |
| 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 (18-Oct-24)
Fund Distribution
as on (30-Sep-24)
Large cap
80.4%
Mid cap
11.4%
Small cap
6.9%
Sector Allocation
Financial Services
21.7%
Consumer Cyclical
17.8%
Industrial
15.5%
Tech
11.4%
Health
7.5%
Utilities
7.3%
Consumer Defensive
5.2%
Communication
5%
Basic Materials
4.5%
Energy
4.1%
All changes are between Jul'24 and Sep'24
- This fund’s returns stands at 2.53% whereas the fund’s underlying benchmark Nifty 500 returns stands at 2.04% as on Sep'24
- This fund outperformed Nifty 500 by 0.49% in Sep'24
- AUM of the fund stands at 3.8K Cr as of Sep'24
- AUM increased by 86.2 Cr between Sep'24 and Aug'24
Top Stocks bought last month
Kajaria Ceramics Ltd's allocation increased from 1.97% to 2.44%
Zomato Ltd's allocation increased from 3.93% to 4.32%
Shriram Finance Ltd's allocation increased from 4.02% to 4.39%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 5.37 % to 5 %
Infosys Ltd's allocation decreased from 4.7 % to 4.67 %
Tech Mahindra Ltd's allocation decreased from 4.4 % to 4.33 %
Small Cap allocation has gone down from 9.6% to 6.9%
Mid Cap allocation has gone down from 13% to 11.4%
Large Cap allocation has gone up from 75.8% to 80.4%
Cash allocation has gone down from 1.5% to 1.3%
Top 3 Sectors in September were Financial Services, Consumer Cyclical & Industrial
Sep'24
Financial Services
22%
Consumer Cyclical
18%
Industrial
15%
Aug'24
Financial Services
22%
Consumer Cyclical
17%
Industrial
15%
See all
Top Growth Drivers | 1M Return |
|---|---|
 Blue Star Ltd | 8.3% |
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Arjun Khanna
Fund Manager of Kotak Focused Equity Fund Direct Growth, since 1 March 2022
Top funds managed
Shibani Kurian
Fund Manager of Kotak Focused Equity Fund Direct Growth, since 16 July 2019
Top funds managed
Fund House
Kotak Mahindra Asset Management Co Ltd
Total Schemes
Total AUM
₹4.68L Cr
as on 30-Sep-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
This fund has one of the lowest expense ratio in the category (focused fund). Its expense ratio is 0.5% which is lower than the category average expense ratio of 1.26%.
In the last 1 year, Invesco India Focused Fund Direct Growth has given 69.98% return, outperforming this fund by 31.62%.
In the last 5 years, ICICI Prudential Focused Equity Fund Direct Plan Growth has given 26.72% return, outperforming this fund by 5.67% per annum.
In the last 3 years, HDFC Focused 30 Fund -Direct Plan - Growth Option has given 24.88% return, outperforming this fund by 9.71% per annum.
Over the last 6 months, this fund has experienced a 17.9% growth in AUM moving from 3.18K Cr to 3.75K Cr.
Over the last 15 months, this fund has increased expense ratio by 8.7% moving from 0.46 to 0.50.
Kotak Focused Equity 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 21.01% since inception which is more than its category average return of 18.45%
Fund Allocations
This fund has an allocation of 98.66% in Equity, 0% in Debt and 1.34% in Cash related instruments
AUM size ₹0 Cr
This fund has AUM of ₹0 Cr which is less than its category average of ₹ 4925 Cr
Expense Ratio 0.5%
This fund has an expense ratio of 0.5% which is less than its category average expense ratio of 1.46%
Frequently Asked Questions for Kotak Focused Equity Fund Direct Growth
The current NAV of Kotak Focused Equity Fund Direct Growth is ₹27.35 as on 18-Oct-2024.
Existing (Absolute + CAGR) as on 18-Oct-2024.
Kotak Focused Equity Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -2.07% | -2.07% |
6 Month Returns | 18.71% | 18.71% |
1 Year Returns | 38.36% | 38.36% |
3 Years Returns | 52.79% | 15.18% |
5 Years Returns | 159.98% | 21.06% |
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0.5% as on September 2024
₹3758 Cr as on September 2024
ICICI Bank Ltd(6.19%), HDFC Bank Ltd(5%), Bharti Airtel Ltd(4.91%), Infosys Ltd(4.67%), Sun Pharmaceuticals Industries Ltd(4.58%) as on September 2024
Financial Services(21.42%), Consumer Cyclical(17.59%), Industrial(15.27%) as on September 2024
The alpha ratio for the Kotak Focused Equity Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Kotak Focused Equity Fund Direct Growth | 2.64 | 1.2 | 0.66 |
As on September 2024
The alpha for Kotak Focused Equity Fund Direct Growth is calculated against S&P BSE 500 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 Focused Equity Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Kotak Focused Equity Fund Direct Growth | 0.94 | 0.9 | 0.94 |
As on September 2024
The Beta for Kotak Focused Equity Fund Direct Growth is calculated with S&P BSE 500 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 Focused Equity Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Kotak Focused Equity Fund Direct Growth | 2.8 | 1.01 | 0.92 |
As on September 2024
The sharpe ratio for Kotak Focused Equity Fund Direct Growth is calculated with S&P BSE 500 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 Focused Equity Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Kotak Focused Equity Fund Direct Growth | 10.68 | 11.95 | 17.95 |
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 1.9 as on September 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.03 as on September 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Arjun Khanna, Shibani Kurian are the fund managers of Kotak Focused Equity Fund Direct Growth
The Exit load of Kotak Focused Equity Fund Direct Growth is 1%