Kotak Infrastructure & Economic Reform Fund- Direct Plan- Growth Option
Equity
Direct
Equity - Infrastructure
NAV: ₹ 68.91 as on 22-04-2024
Fund Performance
4756 people have invested ₹ 2.6Cr in Kotak Infrastructure & Economic Reform Fund- Direct Plan- Growth Option in the last three months
Mutual Fund Insights
Over the last 1 year, this fund has decreased expense ratio by 35.0% moving from 1.00 to 0.65.
This fund has one of the lowest expense ratio in the category (equity - infrastructure). Its expense ratio is 0.65% which is lower than the category average expense ratio of 1.61%.
In the last 1 year, HDFC Infrastructure Fund -Direct Plan - Growth Option has given 84.39% return, outperforming this fund by 27.58%.
Over the last 6 months, this fund has experienced a 41.5% growth in AUM moving from 1.13K Cr to 1.60K Cr.
In the last 5 years, Quant Infrastructure Fund Growth Option Direct Plan has given 37.31% return, outperforming this fund by 11.24% per annum.
In the last 3 years, ICICI Prudential Infrastructure Fund Direct Plan Growth has given 42.95% return, outperforming this fund by 5.82% per annum.
INDmoney Rank of Kotak Infrastructure & Economic Reform Fund- Direct Plan- Growth Option
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IND ranking is not available for this fund.
Pros
Lower expense ratio
Beats FD returns for both 3Y & 5Y duration
Cons
No bad points found for this fund.
About the Kotak Infrastructure & Economic Reform Fund- Direct Plan- Growth Option
Kotak Infrastructure & Economic Reform Fund- Direct Plan- Growth Option is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Harish Krishnan, Arjun Khanna. The fund could potentially beat inflation in the long-run.
Key Parameters
- Kotak Infrastructure & Economic Reform Fund- Direct Plan- Growth Option has ₹1608 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
- The fund has an expense ratio 0.7.
Kotak Infrastructure & Economic Reform Fund- Direct Plan- Growth Option Overview
 | 0.65% |
 Benchmark | S&P BSE 500 India TR INR |
 | ₹1608 Cr |
 | 1 January, 2013 |
 | ₹100/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 5.88% |
Kotak Infrastructure & Economic Reform Fund- Direct Plan- Growth Option Distribution as on (31-Mar-24)
Size breakup
Large cap
34.7%
Mid cap
33.5%
Small cap
27.6%
Sector Allocation
Industrial
53.9%
Basic Materials
12.2%
Utilities
11.9%
Consumer Cyclical
11.7%
Communication
4.5%
Energy
3.4%
Real Estate
2.4%
Financial Services
0.1%
Top Holdings of Kotak Infrastructure & Economic Reform Fund- Direct Plan- Growth Option as on (31-Mar-24)
Equity Holdings52
Kotak Infrastructure & Economic Reform Fund- Direct Plan- Growth Option: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 3.24% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.47% as on Mar'24
- This fund outperformed Nifty 500 by 3.70% in Mar'24
AUM Change
- AUM of the fund stands at 1.6K Cr as of Mar'24
- AUM increased by 65 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in Kotak Infrastructure & Economic Reform Fund- Direct Plan- Growth Option portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
Jyoti CNC Automation Ltd | 34.2% |
 Thermax Ltd | 25.2% |
 Solar Industries India Ltd | 16.1% |
Peer Analysis
Kotak Infrastructure & Economic Reform Fund- Direct Plan- Growth Option Fund Manager
Harish Krishnan
Fund Manager of Kotak Infrastructure & Economic Reform Fund- Direct Plan- Growth Option, since 31 January 2015
Top funds managed
Arjun Khanna
Fund Manager of Kotak Infrastructure & Economic Reform Fund- Direct Plan- Growth Option, since 1 March 2022
Top funds managed
Kotak Infrastructure & Economic Reform Fund- Direct Plan- Growth Option 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 19.73% since inception which is more than its category average return of 13.9%
Fund Allocations
This fund has an allocation of 96.79% in Equity, 0% in Debt and 3.21% in Cash related instruments
AUM size ₹1608 Cr
This fund has AUM of ₹1608 Cr which is more than its category average of ₹ 1362 Cr
Expense Ratio 0.65%
This fund has an expense ratio of 0.65% which is less than its category average expense ratio of 1.77%
Frequently Asked Questions
The current NAV of Kotak Infrastructure & Economic Reform Fund- Direct Plan- Growth Option is ₹68.91 as on 22-Apr-2024.
Existing (Absolute + CAGR) as on 22-Apr-2024.
Kotak Infrastructure & Economic Reform Fund- Direct Plan- Growth Option | Absolute Returns | CAGR Returns |
1 Month Returns | 6.42% | 6.42% |
6 Month Returns | 29.52% | 29.52% |
1 Year Returns | 56.81% | 56.81% |
3 Years Returns | 157.89% | 37.13% |
5 Years Returns | 218.45% | 26.07% |
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0.65% as on March 2024
₹1608 Cr as on March 2024
Larsen & Toubro Ltd(4.96%), Bharti Airtel Ltd(4.16%), Solar Industries India Ltd(3.93%), Kalpataru Projects International Ltd(3.68%), UltraTech Cement Ltd(3.46%) as on March 2024
Industrial(52.14%), Basic Materials(11.83%), Utilities(11.54%) as on March 2024
The alpha ratio for the Kotak Infrastructure & Economic Reform Fund- Direct Plan- Growth Option for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Kotak Infrastructure & Economic Reform Fund- Direct Plan- Growth Option | 8.75 | 9.98 | 3 |
As on March 2024
The alpha for Kotak Infrastructure & Economic Reform Fund- Direct Plan- Growth Option 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 Infrastructure & Economic Reform Fund- Direct Plan- Growth Option for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Kotak Infrastructure & Economic Reform Fund- Direct Plan- Growth Option | 0.59 | 0.69 | 0.95 |
As on March 2024
The Beta for Kotak Infrastructure & Economic Reform Fund- Direct Plan- Growth Option 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 Infrastructure & Economic Reform Fund- Direct Plan- Growth Option for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Kotak Infrastructure & Economic Reform Fund- Direct Plan- Growth Option | 3.57 | 2.02 | 0.93 |
As on March 2024
The sharpe ratio for Kotak Infrastructure & Economic Reform Fund- Direct Plan- Growth Option 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 Infrastructure & Economic Reform Fund- Direct Plan- Growth Option for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Kotak Infrastructure & Economic Reform Fund- Direct Plan- Growth Option | 9.98 | 12.07 | 21.15 |
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 5.02 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.61 as on March 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Harish Krishnan, Arjun Khanna are the fund managers of Kotak Infrastructure & Economic Reform Fund- Direct Plan- Growth Option
The Exit load of Kotak Infrastructure & Economic Reform Fund- Direct Plan- Growth Option is 1%