Equity
Direct
Focused Fund
NAV as on 29-11-2024
₹ 26.68
▲0.6%
1D
Inception Returns
20%
/yr
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.
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.
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
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.
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 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.
Expense ratio | 0.5% |
Benchmark | S&P BSE 500 India TR INR |
AUM | ₹3505 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 |
as on (29-Nov-24)
as on (31-Oct-24)
Top 3 Sectors in October were Financial Services, Consumer Cyclical & Industrial
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% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Kotak Focused Equity Fund Direct Growth | 1.98 | 0.71 | 0.9 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Kotak Focused Equity Fund Direct Growth | 0.95 | 0.91 | 0.94 |
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 |
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 |