Kotak Global Innovation Fund of Fund Direct Growth
Equity
Direct
Global - Other
NAV: ₹ 7.9 as on 31-05-2023
Fund Performance
709 people have invested ₹ 20.9L in Kotak Global Innovation Fund of Fund Direct Growth in the last three months
Fund Insights
In the last 1 year, Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth has given 44.91% return, outperforming Kotak Global Innovation Fund of Fund Direct Growth by 31.22%
Kotak Global Innovation Fund of Fund Direct Growth has one of the lowest expense ratio in the category (global - other). Its expense ratio is 0.35% which is lower than the category average expense ratio of 1.17%
Over the last 3 months, Kotak Global Innovation Fund of Fund Direct Growth has experienced a 4.0% drop in AUM moving from 1.16K Cr to 1.12K Cr
About the Fund
Kotak Global Innovation Fund of Fund Direct Growth is an equity fund. This fund was started on 5 August, 2021. The fund is managed by Arjun Khanna. The fund could potentially beat inflation in the long-run.
Key parameters
1) Kotak Global Innovation Fund of Fund Direct Growth has a NAV of ₹7.9204 as on 31-05-2023.
2) Kotak Global Innovation Fund of Fund Direct Growth has ₹1123 Cr worth of assets under management (AUM) as on 30-04-2023 and is more than category average.
3) The fund has an expense ratio 0.35 %.
Kotak Global Innovation Fund of Fund Direct Growth Overview
 | 0.35% |
 Benchmark | MSCI ACWI GR LCL |
 | ₹1123 Cr |
 | 5 August, 2021 |
 | ₹1000/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 3.32% |
Fund Distribution as on (30-Apr-23)
Size breakup
Large cap
64.8%
Mid cap
21%
Small cap
10.3%
Sector Allocation
Consumer Cyclical
26.3%
Tech
23.5%
Health
18.8%
Communication
11.8%
Financial Services
10.2%
Real Estate
4.8%
Consumer Defensive
2.9%
Basic Materials
0.9%
Industrial
0.4%
Energy
0.2%
Utilities
0.1%
Top Holdings of Kotak Global Innovation Fund of Fund Direct Growth as on (31-May-23)
Debt Holdings2
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Wellington Global Innovation USD S Ac | 99.51% | -1.4% | |
Triparty Repo | 0.67% | 0% |
Peer Analysis
Kotak Global Innovation Fund of Fund Direct Growth Fund Manager
Arjun Khanna
Fund Manager of Kotak Global Innovation Fund of Fund Direct Growth, since 5 August 2021
Top funds managed
Fund Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
Fund Allocations
This fund has an allocation of 98.6% in Equity, 0% in Debt and 1.4% in Cash related instruments
AUM size ₹1123 Cr
This fund has AUM of ₹1123 Cr which is more than its category average of ₹ 445 Cr
Expense Ratio 0.35%
This fund has an expense ratio of 0.35% which is less than its category average expense ratio of 1.51%
Frequently Asked Questions
The current NAV of Kotak Global Innovation Fund of Fund Direct Growth is ₹7.92 as on 31-May-2023.
Existing (Absolute + CAGR) as on 31-May-2023.
Kotak Global Innovation Fund of Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.34% | 4.34% |
6 Month Returns | 10.39% | 10.39% |
1 Year Returns | 13.69% | 13.69% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
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0.35% as on May 2023
₹1123 Cr as on May 2023
Consumer Cyclical(25.97%), Tech(23.19%), Health(18.56%) as on May 2023
The alpha ratio for the Kotak Global Innovation Fund of Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Kotak Global Innovation Fund of Fund Direct Growth | - | - | - |
As on May 2023
The alpha for Kotak Global Innovation Fund of Fund Direct Growth is calculated against MSCI ACWI GR LCL. 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 Global Innovation Fund of Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Kotak Global Innovation Fund of Fund Direct Growth | - | - | - |
As on May 2023
The Beta for Kotak Global Innovation Fund of Fund Direct Growth is calculated with MSCI ACWI GR LCL. 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 Global Innovation Fund of Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Kotak Global Innovation Fund of Fund Direct Growth | - | - | - |
As on May 2023
The sharpe ratio for Kotak Global Innovation Fund of Fund Direct Growth is calculated with MSCI ACWI GR LCL. 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 Global Innovation Fund of Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Kotak Global Innovation Fund of Fund Direct Growth | 24.28 | - | - |
As on May 2023
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.
Arjun Khanna is the fund manager of Kotak Global Innovation Fund of Fund Direct Growth
The Exit load of Kotak Global Innovation Fund of Fund Direct Growth is 1%