Kotak Focused Equity Fund Direct Growth

Equity
Direct
Focused Fund
Kotak Focused Equity Fund Direct Growth

About the Fund

Kotak Focused Equity Fund Direct Growth is an equity fund. This fund was started on 10 July, 2019. The fund is managed by Shibani Kurian, Arjun Khanna. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Kotak Focused Equity Fund Direct Growth has ₹3529 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
  2. The fund has an expense ratio 0.5.

Returns

Kotak Focused Equity Fund Direct Growth has given a CAGR return of 21.78% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 40.96%, 20.50% and 21.81% respectively.

Holdings

Kotak Focused Equity Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Tech, Utilities, Health, Consumer Defensive, Basic Materials, Energy, Communication. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Bharat Electronics Ltd, Maruti Suzuki India Ltd, Reliance 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 benefit
Dividends 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.

Fund Performance
zero opening, trading, fund transfer fee
499 people have invested ₹ 42.4L in Kotak Focused Equity Fund Direct Growth in the last three months

INDmoney Rank

Powered by IND quant engine
8
/18
43% Performance
64% Risk Management
96% Cost
8 out of 18 among focused fund
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Lower volatility within category
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Protects capital during bear phase
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Recovers losses quickly
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Higher probablity of downside risk
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Underperforms benchmarks during bull run

Fund Overview

Expense ratio0.51%
Benchmark
S&P BSE 500 India TR INR
AUM₹3529 Cr
Inception Date10 July, 2019
Min Lumpsum/SIP₹100/₹100
Exit Load
1%
Lock InNo Lock-in
TurnOver
16.69%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (30-Jun-24)

  • Equity 98.8%

  • Debt & Cash 1.2%

Large cap
74.4%

Mid cap
16.9%

Small cap
7.5%

Sector Allocation

Jun'24

May'24

Apr'24

Financial Services
23.2%
Consumer Cyclical
18.2%
Industrial
16.8%
Tech
8.6%
Utilities
7.7%
Health
7.1%
Consumer Defensive
5.3%
Basic Materials
5.1%
Energy
4.6%
Communication
3.4%
All changes are between Apr'24 and Jun'24

Returns for the month of Jun

  • Gainers

  • Losers

Shibani Kurian
Shibani Kurian
Fund Manager of Kotak Focused Equity Fund Direct Growth, since 16 July 2019
Arjun Khanna
Arjun Khanna
Fund Manager of Kotak Focused Equity Fund Direct Growth, since 1 March 2022

Mutual Fund Insights

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In the last 5 years, Quant Focused fund Growth Option Direct Plan has given 25.55% return, outperforming this fund by 3.74% per annum.
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Over the last 1 year, this fund has increased expense ratio by 10.9% moving from 0.46 to 0.51.
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Over the last 6 months, this fund has experienced a 15.3% growth in AUM moving from 3.06K Cr to 3.52K Cr.
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In the last 1 year, Invesco India Focused Fund Direct Growth has given 68.27% return, outperforming this fund by 27.31%.
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In the last 3 years, HDFC Focused 30 Fund -Direct Plan - Growth Option has given 30.91% return, outperforming this fund by 10.41% per annum.
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This fund has one of the lowest expense ratio in the category (focused fund). Its expense ratio is 0.51% which is lower than the category average expense ratio of 1.27%.

Kotak Focused Equity Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

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

About the fund

This fund has delivered an average annual returns of 21.78% since inception which is more than its category average return of 18.57%
Fund Allocations

Fund Allocations

This fund has an allocation of 98.78% in Equity, 0% in Debt and 1.22% in Cash related instruments
AUM size ₹3529 Cr

AUM size ₹3529 Cr

This fund has AUM of ₹3529 Cr which is less than its category average of ₹ 4586 Cr
Expense Ratio 0.51%

Expense Ratio 0.51%

This fund has an expense ratio of 0.51% which is less than its category average expense ratio of 1.47%

Frequently Asked Questions

The current NAV of Kotak Focused Equity Fund Direct Growth is ₹27.01 as on 15-Jul-2024.
Existing (Absolute + CAGR) as on 15-Jul-2024.
Kotak Focused Equity Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
5.18%
5.18%
6 Month Returns
19.86%
19.86%
1 Year Returns
40.96%
40.96%
3 Years Returns
74.96%
20.5%
5 Years Returns
168.22%
21.81%
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.
0.51% as on June 2024
₹3529 Cr as on June 2024
HDFC Bank Ltd(6.39%), ICICI Bank Ltd(6.21%), Bharat Electronics Ltd(4.62%), Maruti Suzuki India Ltd(4.52%), Reliance Industries Ltd(4.52%) as on June 2024
Financial Services(22.92%), Consumer Cyclical(17.93%), Industrial(16.56%) as on June 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
1.78
1.28
-
As on June 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
0.93
0.89
-
As on June 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
2.44
1.11
-
As on June 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
10.92
12.18
-
As on June 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 2.14 as on June 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Shibani Kurian, Arjun Khanna are the fund managers of Kotak Focused Equity Fund Direct Growth
The Exit load of Kotak Focused Equity Fund Direct Growth is 1%