Kotak Manufacture in India Fund Direct Growth
About the Fund
Kotak Manufacture in India Fund Direct Growth is an equity fund. This fund was started on 2 March, 2022. The fund is managed by Abhishek Bisen, Harish Krishnan. The fund could potentially beat inflation in the long-run.
Key Parameters
- Kotak Manufacture in India Fund Direct Growth has ₹2339 Cr worth of assets under management (AUM) as on Jun 2024 and is more than category average.
- The fund has an expense ratio 0.5.
Returns
Kotak Manufacture in India Fund Direct Growth has given a CAGR return of 32.31% since inception. Over the last 1 year the fund has given a CAGR return of 51.24%.
Holdings
Kotak Manufacture in India Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Consumer Cyclical, Basic Materials, Health, Energy, Corporate, Tech, Consumer Defensive, Government. Its top holdings are Reliance Industries Ltd, Tata Steel Ltd, Sun Pharmaceuticals Industries Ltd, Hero MotoCorp Ltd, Hindalco Industries Ltd
Taxation
As it is a equity - other 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.
Investment objective of Kotak Manufacture in India Fund Direct Growth
The scheme shall seek to generate capital appreciation by investing in a diversified portfolio of companies that follow the manufacturing theme. However, there is no assurance that the objective of the scheme will be realized.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Kotak Manufacture in India Fund Direct Growth has no lock in period.
Fund Overview
| Expense ratio | 0.49% |
Benchmark | Nifty India Manufacturing TR INR |
| AUM | ₹2339 Cr |
| Inception Date | 2 March, 2022 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1% |
| Lock In | No Lock-in |
TurnOver | 5.75% |
| Risk |   Very High Risk |
Fund Distributionas on (30-Jun-24)
as on (30-Jun-24)
Returns for the month of Jun
Top Growth Drivers | 1M Return |
|---|---|
 Coromandel International Ltd | 3.4% |
Samvardhana Motherson International Ltd | 2.4% |
Kotak Manufacture in India Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹2339 Cr
Expense Ratio 0.49%
Frequently Asked Questions
Kotak Manufacture in India Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.38% | 1.38% |
6 Month Returns | 28.82% | 28.82% |
1 Year Returns | 51.24% | 51.24% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- Click Buy on the fund name.
- 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.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Kotak Manufacture in India Fund Direct Growth | 4.03 | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Kotak Manufacture in India Fund Direct Growth | 0.82 | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Kotak Manufacture in India Fund Direct Growth | 3.62 | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Kotak Manufacture in India Fund Direct Growth | 10.61 | - | - |