Kotak Infrastructure And Economic Reform Fund - Direct Plan - Growth
Equity
Direct
Equity - Infrastructure
NAV: ₹ 52.7 as on 22-09-2023
Fund Performance
1456 people have invested ₹ 1.5Cr in Kotak Infrastructure And Economic Reform Fund - Direct Plan - Growth in the last three months
Fund Insights
This fund has one of the lowest expense ratio in the category (equity - infrastructure). Its expense ratio is 0.76% which is lower than the category average expense ratio of 1.75%.
In the last 3 years, ICICI Prudential Infrastructure Fund Direct Plan Growth has given 46.21% return, outperforming this fund by 5.26% per annum.
Over the last 3 months, this fund has decreased expense ratio by 15.6% moving from 0.90 to 0.76.
In the last 1 year, HDFC Infrastructure Fund -Direct Plan - Growth Option has given 36.7% return, outperforming this fund by 11.26%.
In the last 5 years, Quant Infrastructure Fund Growth Option Direct Plan has given 27.06% return, outperforming this fund by 6.53% per annum.
Over the last 6 months, this fund has experienced a 50.8% growth in AUM moving from 727.29 Cr to 1.09K Cr.
INDmoney Rank
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Pros
5Y returns in the top 25% of the category
Lower expense ratio
Beats FD returns for both 3Y & 5Y duration
Cons
No bad points found for this fund.
About the Fund
Kotak Infrastructure And Economic Reform Fund - Direct Plan - Growth 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 And Economic Reform Fund - Direct Plan - Growth has ₹1097 Cr worth of assets under management (AUM) as on Aug 2023 and is more than category average.
- The fund has an expense ratio 0.8.
Kotak Infrastructure And Economic Reform Fund - Direct Plan - Growth Overview
 | 0.76% |
 Benchmark | S&P BSE 500 India TR INR |
 | ₹1097 Cr |
 | 1 January, 2013 |
 | ₹100/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 5.88% |
Fund Distribution as on (31-Aug-23)
Size breakup
Mid cap
35.1%
Large cap
34.4%
Small cap
26.4%
Sector Allocation
Industrial
48.6%
Consumer Cyclical
14.2%
Basic Materials
14.1%
Utilities
9.7%
Energy
5.2%
Communication
4.6%
Real Estate
3.3%
Financial Services
0.4%
Top Holdings of Kotak Infrastructure And Economic Reform Fund - Direct Plan - Growth as on (31-Aug-23)
Equity Holdings42
Kotak Infrastructure And Economic Reform Fund - Direct Plan - Growth: Monthly Changes Updates
All changes are between Jun'23 and Aug'23
Fund Performance
- This fund’s returns stands at 0.77% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.74% as on Aug'23
- This fund outperformed Nifty 500 by 1.51% in Aug'23
AUM Change
- AUM of the fund stands at 1.1K Cr as of Aug'23
- AUM increased by 47.6 Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Gainers & Losers in Kotak Infrastructure And Economic Reform Fund - Direct Plan - Growth portfolio Returns for the month of Aug
Top Growth Drivers | 1M Return |
|---|---|
 Solar Industries India Ltd | 25.7% |
 Supreme Industries Ltd | 25.2% |
 Mahindra Lifespace Developers Ltd | 13.2% |
Peer Analysis
Kotak Infrastructure And Economic Reform Fund - Direct Plan - Growth Fund Manager
Harish Krishnan
Fund Manager of Kotak Infrastructure And Economic Reform Fund - Direct Plan - Growth, since 31 January 2015
Top funds managed
Arjun Khanna
Fund Manager of Kotak Infrastructure And Economic Reform Fund - Direct Plan - Growth, since 1 March 2022
Top funds managed
Fund 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 17.91% since inception which is more than its category average return of 12.26%
Fund Allocations
This fund has an allocation of 97.19% in Equity, 0% in Debt and 2.81% in Cash related instruments
AUM size ₹1097 Cr
This fund has AUM of ₹1097 Cr which is more than its category average of ₹ 885 Cr
Expense Ratio 0.76%
This fund has an expense ratio of 0.76% which is less than its category average expense ratio of 1.89%
Frequently Asked Questions
The current NAV of Kotak Infrastructure And Economic Reform Fund - Direct Plan - Growth is ₹52.67 as on 22-Sep-2023.
Existing (Absolute + CAGR) as on 22-Sep-2023.
Kotak Infrastructure And Economic Reform Fund - Direct Plan - Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.85% | 1.85% |
6 Month Returns | 21.4% | 21.4% |
1 Year Returns | 25.43% | 25.43% |
3 Years Returns | 180.06% | 40.96% |
5 Years Returns | 154.38% | 20.53% |
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0.76% as on August 2023
₹1097 Cr as on August 2023
Larsen & Toubro Ltd(5.05%), Bharti Airtel Ltd(4.45%), UltraTech Cement Ltd(4.36%), Reliance Industries Ltd(4.07%), Container Corporation of India Ltd(3.81%) as on August 2023
Industrial(47.21%), Consumer Cyclical(13.75%), Basic Materials(13.69%) as on August 2023
The alpha ratio for the Kotak Infrastructure And Economic Reform Fund - Direct Plan - Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Kotak Infrastructure And Economic Reform Fund - Direct Plan - Growth | 13.36 | 12.74 | 4.27 |
As on August 2023
The alpha for Kotak Infrastructure And Economic Reform Fund - Direct Plan - 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 Infrastructure And Economic Reform Fund - Direct Plan - Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Kotak Infrastructure And Economic Reform Fund - Direct Plan - Growth | 0.48 | 0.9 | 1 |
As on August 2023
The Beta for Kotak Infrastructure And Economic Reform Fund - Direct Plan - 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 Infrastructure And Economic Reform Fund - Direct Plan - Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Kotak Infrastructure And Economic Reform Fund - Direct Plan - Growth | 2.25 | 1.92 | 0.66 |
As on August 2023
The sharpe ratio for Kotak Infrastructure And Economic Reform Fund - Direct Plan - 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 Infrastructure And Economic Reform Fund - Direct Plan - Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Kotak Infrastructure And Economic Reform Fund - Direct Plan - Growth | 8.1 | 15.43 | 22.2 |
As on August 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.
Sortino ratio is 6.1 as on August 2023. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.83 as on August 2023. It tells the consistency of the fund in generating superior risk-adjusted performance
Harish Krishnan, Arjun Khanna are the fund managers of Kotak Infrastructure And Economic Reform Fund - Direct Plan - Growth
The Exit load of Kotak Infrastructure And Economic Reform Fund - Direct Plan - Growth is 1%