Kotak India EQ Contra Fund - Growth - Direct

Kotak India EQ Contra Fund - Growth - Direct

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Equity
Direct
Contra
NAV: ₹ 150.62 as on 16-04-2024
Fund Performance
zero opening, trading, fund transfer fee
1712 people have invested ₹ 4.2Cr in Kotak India EQ Contra Fund - Growth - Direct in the last three months

Mutual Fund Insights

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In the last 1 year, this fund has outperformed all funds in its category.
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Over the last 1 year, this fund has decreased expense ratio by 24.7% moving from 0.81 to 0.61.
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In the last 5 years, SBI Contra Fund Direct Growth has given 25.81% return, outperforming this fund by 4.63% per annum.
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In the last 3 years, SBI Contra Fund Direct Growth has given 32.66% return, outperforming this fund by 7.45% per annum.
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Over the last 6 months, this fund has experienced a 43.6% growth in AUM moving from 1.86K Cr to 2.67K Cr.
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This fund has one of the lowest expense ratio in the category (contra). Its expense ratio is 0.61% which is lower than the category average expense ratio of 1.12%.

INDmoney Rank of Kotak India EQ Contra Fund - Growth - Direct

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2
/3
62% Performance
38% Risk Management
35% Cost
2 out of 3 among contra

Pros

Recovers losses quickly
Beats FD returns for both 3Y & 5Y

Cons

Highly volatile within category
Smaller AUM within category

About the Kotak India EQ Contra Fund - Growth - Direct

Kotak India EQ Contra Fund - Growth - Direct is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Shibani Kurian. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Kotak India EQ Contra Fund - Growth - Direct has ₹2672 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
  2. The fund has an expense ratio 0.6.

Kotak India EQ Contra Fund - Growth - Direct Overview

Expense ratio
Expense ratio
0.61%
Benchmark
Benchmark
S&P BSE 500 India TR INR
AUM
AUM
₹2672 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹100/₹100
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
18.41%

Kotak India EQ Contra Fund - Growth - Direct Distribution as on (31-Mar-24)

  • Equity 97%

  • Debt & Cash 3%

Size breakup

Large cap
64.4%
Mid cap
19.3%
Small cap
13%
Sector Allocation

Mar'24

Feb'24

Jan'24

Financial Services
27.2%
Industrial
13.2%
Consumer Cyclical
10.4%
Tech
9.3%
Health
8.8%
Energy
8%
Consumer Defensive
7.2%
Basic Materials
5.1%
Utilities
5%
Communication
4.5%
Real Estate
1.4%

Top Holdings of Kotak India EQ Contra Fund - Growth - Direct as on (31-Mar-24)

  • Equity

Equity Holdings61

Kotak India EQ Contra Fund - Growth - Direct: Monthly Changes Updates

All changes are between Jan'24 and Mar'24
Fund Performance
Mar'24
Feb'24
Jan'24
Fund Returns
0.88%
2.15%
4.11%
Nifty 500
-0.47%
1.58%
1.71%
  • This fund’s returns stands at 0.88% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.47% as on Mar'24
  • This fund outperformed Nifty 500 by 1.35% in Mar'24
AUM Change
Parameters
Mar'24
Feb'24
Jan'24
AUM
₹ 2.7K Cr
₹ 2.6K Cr
₹ 2.5K Cr
  • AUM of the fund stands at 2.7K Cr as of Mar'24
  • AUM increased by 104.7 Cr between Mar'24 and Feb'24
Fund Portfolio Changes

Gainers & Losers in Kotak India EQ Contra Fund - Growth - Direct portfolio Returns for the month of Mar

Kotak India EQ Contra Fund - Growth - Direct Fund Manager

Shibani Kurian
Shibani Kurian
Fund Manager of Kotak India EQ Contra Fund - Growth - Direct, since 9 May 2019

Kotak India EQ Contra Fund - Growth - Direct 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 17.92% since inception which is more than its category average return of 16.8%
Fund Allocations

Fund Allocations

This fund has an allocation of 96.97% in Equity, 0% in Debt and 3.03% in Cash related instruments
AUM size ₹2672 Cr

AUM size ₹2672 Cr

This fund has AUM of ₹2672 Cr which is less than its category average of ₹ 14451 Cr
Expense Ratio 0.61%

Expense Ratio 0.61%

This fund has an expense ratio of 0.61% which is less than its category average expense ratio of 1.16%

Frequently Asked Questions

The current NAV of Kotak India EQ Contra Fund - Growth - Direct is ₹150.62 as on 16-Apr-2024.
Existing (Absolute + CAGR) as on 16-Apr-2024.
Kotak India EQ Contra Fund - Growth - Direct
Absolute Returns
CAGR Returns
1 Month Returns
4.21%
4.21%
6 Month Returns
26.24%
26.24%
1 Year Returns
50.06%
50.06%
3 Years Returns
96.3%
25.21%
5 Years Returns
161.26%
21.18%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • 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.
0.61% as on March 2024
₹2672 Cr as on March 2024
ICICI Bank Ltd(5.15%), HDFC Bank Ltd(4.49%), Reliance Industries Ltd(3.87%), Infosys Ltd(3.44%), NTPC Ltd(2.64%) as on March 2024
Financial Services(26.35%), Industrial(12.8%), Consumer Cyclical(10.04%) as on March 2024
The alpha ratio for the Kotak India EQ Contra Fund - Growth - Direct for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Kotak India EQ Contra Fund - Growth - Direct
6.16
4.71
3.57
As on March 2024
The alpha for Kotak India EQ Contra Fund - Growth - Direct 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 India EQ Contra Fund - Growth - Direct for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Kotak India EQ Contra Fund - Growth - Direct
1.03
0.94
0.98
As on March 2024
The Beta for Kotak India EQ Contra Fund - Growth - Direct 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 India EQ Contra Fund - Growth - Direct for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Kotak India EQ Contra Fund - Growth - Direct
3.07
1.34
0.85
As on March 2024
The sharpe ratio for Kotak India EQ Contra Fund - Growth - Direct 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 India EQ Contra Fund - Growth - Direct for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Kotak India EQ Contra Fund - Growth - Direct
11.51
12.96
18.95
As on March 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 2.76 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.37 as on March 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Shibani Kurian is the fund manager of Kotak India EQ Contra Fund - Growth - Direct
The Exit load of Kotak India EQ Contra Fund - Growth - Direct is 1%