Kotak Focused Equity Fund Direct Growth
Equity
Direct
Focused Fund
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 Arjun Khanna, Shibani Kurian. The fund could potentially beat inflation in the long-run.
Key Parameters
- 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.
- The fund has an expense ratio 0.5.
Returns
Kotak Focused Equity Fund Direct Growth has given a CAGR return of 21.40% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 37.35%, 19.64% and 21.54% 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 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.
Fund Performance
532 people have invested ₹ 40.9L 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
Lower volatility within category
Protects capital during bear phase
Recovers losses quickly
Higher probablity of downside risk
Underperforms benchmarks during bull run
Fund Overview
| Expense ratio | 0.51% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹3529 Cr |
| Inception Date | 10 July, 2019 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1% |
| Lock In | No Lock-in |
TurnOver | 16.69% |
| Risk |   Very High Risk |
Fund Distributionas on (30-Jun-24)
Large cap
74.4%
Mid cap
16.9%
Small cap
7.5%
Sector Allocation
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
as on (30-Jun-24)
See all
Returns for the month of Jun
Top Growth Drivers | 1M Return |
|---|---|
 Tech Mahindra Ltd | 6.5% |
Samvardhana Motherson International Ltd | 2.4% |
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
Mutual Fund Insights
Over the last 6 months, this fund has experienced a 15.3% growth in AUM moving from 3.06K Cr to 3.52K Cr.
Over the last 1 year, this fund has increased expense ratio by 10.9% moving from 0.46 to 0.51.
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 1.26%.
In the last 3 years, HDFC Focused 30 Fund -Direct Plan - Growth Option has given 29.97% return, outperforming this fund by 10.33% per annum.
In the last 5 years, Quant Focused fund Growth Option Direct Plan has given 26.93% return, outperforming this fund by 5.4% per annum.
In the last 1 year, Invesco India Focused Fund Direct Growth has given 64.16% return, outperforming this fund by 26.81%.
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 21.4% since inception which is more than its category average return of 18.33%
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
This fund has AUM of ₹3529 Cr which is less than its category average of ₹ 4586 Cr
Expense Ratio 0.51%
This fund has an expense ratio of 0.51% which is less than its category average expense ratio of 1.46%
Frequently Asked Questions
The current NAV of Kotak Focused Equity Fund Direct Growth is ₹26.6 as on 25-Jul-2024.
Existing (Absolute + CAGR) as on 25-Jul-2024.
Kotak Focused Equity Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.58% | 2.58% |
6 Month Returns | 19.75% | 19.75% |
1 Year Returns | 37.35% | 37.35% |
3 Years Returns | 71.25% | 19.64% |
5 Years Returns | 165.19% | 21.54% |
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.
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%