Kotak Focused Equity Fund Direct Growth

Kotak Focused Equity Fund Direct Growth

Equity

Direct

Focused Fund

NAV as on 29-11-2024

₹ 26.68

0.6%

1D

Inception Returns

20%

/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

  1. Kotak Focused Equity Fund Direct Growth has ₹3505 Cr worth of assets under management (AUM) as on Oct 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 19.97% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 29.86%, 16.81% and 19.65% respectively.

Holdings

Kotak Focused Equity Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Tech, Health, Utilities, Communication, Consumer Defensive, Basic Materials, Energy. Its top holdings are ICICI Bank Ltd, HDFC Bank Ltd, Bharti Airtel Ltd, Tech Mahindra 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 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.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
630 people have invested ₹ 40.5L 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
9
/19
48% Performance
39% Risk Management
94% Cost
9 out of 19 among focused fund
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Beats FD returns for both 3Y & 5Y
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No bad points found for this fund.

Kotak Focused Equity Fund Direct Growth Overview

Expense ratio0.5%
Benchmark
S&P BSE 500 India TR INR
AUM₹3505 Cr
Inception Date10 July, 2019
Min Lumpsum/SIP₹100/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
29.4%
STCGRedeeming before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (29-Nov-24)

Period
Kotak Focused Equity Fund Direct Growth
Nifty 500
focused fund
1M
0.3%
-2.5%
0%
3M
-2.6%
-5.1%
-2.5%
6M
9.2%
3.5%
10.1%
1Y
29.9%
26%
30.4%
3Y
16.8%
13.9%
16.9%
5Y
19.7%
18.1%
18.6%

Fund Distribution

as on (31-Oct-24)

  • Equity 98.6%

  • Debt & Cash 1.4%

Large cap
79.6%

Mid cap
11.6%

Small cap
6.6%

Sector Allocation

Oct'24

Sep'24

Aug'24

Financial Services
23.5%
Consumer Cyclical
16.1%
Industrial
15.2%
Tech
11.9%
Health
7.9%
Utilities
6.9%
Communication
5%
Consumer Defensive
4.9%
Basic Materials
4.5%
Energy
3.9%
All changes are between Aug'24 and Oct'24
Oct'24
Sep'24
Aug'24
Fund Returns
-6.62%
2.53%
0.69%
Nifty 500
-6.52%
2.04%
0.97%
  • This fund’s returns stands at -6.62% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
  • This fund underperformed Nifty 500 by 0.10% in Oct'24
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 3.5K Cr
₹ 3.8K Cr
₹ 3.7K Cr
  • AUM of the fund stands at 3.5K Cr as of Oct'24
  • AUM decreased by 252.9 Cr between Oct'24 and Sep'24
Top Stocks bought last month
State Bank of India's allocation increased from 2.47% to 3.84%
State Bank of India's allocation increased from 2.47% to 3.84%
KEI Industries Ltd's allocation increased from 1.46% to 2.2%
KEI Industries Ltd's allocation increased from 1.46% to 2.2%
ICICI Bank Ltd's allocation increased from 6.19% to 6.74%
ICICI Bank Ltd's allocation increased from 6.19% to 6.74%
Top Stocks sold last month
Zomato Ltd's allocation decreased from 4.32 % to 4.1 %
Zomato Ltd's allocation decreased from 4.32 % to 4.1 %
NTPC Ltd's allocation decreased from 4.05 % to 4 %
NTPC Ltd's allocation decreased from 4.05 % to 4 %
Reliance Industries Ltd's allocation decreased from 4 % to 3.87 %
Reliance Industries Ltd's allocation decreased from 4 % to 3.87 %
Cash allocation has gone up from 1.3% to 1.4%
Cash allocation has gone up from 1.3% to 1.4%

Top 3 Sectors in October were Financial Services, Consumer Cyclical & Industrial

Oct'24
Financial Services
24%
Consumer Cyclical
16%
Industrial
15%
Sep'24
Financial Services
22%
Consumer Cyclical
18%
Industrial
15%
  • Gainers

  • Losers

Fund
Oct'24
Sep'24
Aug'24
No of Holdings
32
31
31
Top 5 Company Concentration
26.5%
25.3%
25.4%
Company having highest exposure
ICICI Bank Ltd (6.7%)
ICICI Bank Ltd (6.2%)
ICICI Bank Ltd (6.1%)
No of Sectors
10
10
10
Top 5 Sectors Concentration
74.7%
73.9%
73.8%
Sector having highest exposure
Financial Services (23.5%)
Financial Services (21.7%)
Financial Services (21.7%)
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Arjun Khanna
Arjun Khanna
Fund Manager of Kotak Focused Equity Fund Direct Growth, since 1 March 2022
Shibani Kurian
Shibani Kurian
Fund Manager of Kotak Focused Equity Fund Direct Growth, since 16 July 2019
Fund House
Kotak Mahindra Asset Management Co Ltd
Total Schemes
Total AUM
₹4.8L Cr
as on 31-Oct-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

Insights icon
In the last 1 year, Invesco India Focused Fund Direct Growth has given 55.14% return, outperforming this fund by 25.28%.
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In the last 5 years, ICICI Prudential Focused Equity Fund Direct Plan Growth has given 25.48% return, outperforming this fund by 5.83% per annum.
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Over the last 1 year, this fund has increased expense ratio by 6.4% moving from 0.47 to 0.50.
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Over the last 1 month, this fund has experienced a 6.7% drop in AUM moving from 3.75K Cr to 3.50K Cr.
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In the last 3 years, HDFC Focused 30 Fund -Direct Plan - Growth Option has given 27.57% return, outperforming this fund by 10.76% per annum.
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This fund has one of the lowest expense ratio in the category (focused fund). Its expense ratio is 0.5% 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 19.97% since inception which is more than its category average return of 17.36%
Fund Allocations

Fund Allocations

This fund has an allocation of 98.59% in Equity, 0% in Debt and 1.41% in Cash related instruments
AUM size ₹3505 Cr

AUM size ₹3505 Cr

This fund has AUM of ₹3505 Cr which is less than its category average of ₹ 4697 Cr
Expense Ratio 0.5%

Expense Ratio 0.5%

This fund has an expense ratio of 0.5% which is less than its category average expense ratio of 1.47%

Frequently Asked Questions for Kotak Focused Equity Fund Direct Growth

The current NAV of Kotak Focused Equity Fund Direct Growth is ₹26.68 as on 29-Nov-2024.
Existing (Absolute + CAGR) as on 29-Nov-2024.
Kotak Focused Equity Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.28%
0.28%
6 Month Returns
9.17%
9.17%
1 Year Returns
29.86%
29.86%
3 Years Returns
59.39%
16.81%
5 Years Returns
145.23%
19.65%
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0.5% as on November 2024
₹3505 Cr as on November 2024
ICICI Bank Ltd(6.74%), HDFC Bank Ltd(5.37%), Bharti Airtel Ltd(4.96%), Tech Mahindra Ltd(4.74%), Sun Pharmaceuticals Industries Ltd(4.71%) as on November 2024
Financial Services(23.21%), Consumer Cyclical(15.9%), Industrial(14.98%) as on November 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
1.98
0.71
0.9
As on November 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
0.95
0.91
0.94
As on November 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
1.57
0.82
0.8
As on November 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
12.36
12.58
18.33
As on November 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 1.41 as on November 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
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%