Kotak Manufacture in India Fund Direct Growth

Kotak Manufacture in India Fund Direct Growth

Equity

Direct

Equity - Other

NAV as on 04-12-2024

₹ 19.47

0.1%

1D

Inception Returns

27.2%

/yr

About Kotak Manufacture in India Fund Direct Growth

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, Harsha Upadhyaya. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Kotak Manufacture in India Fund Direct Growth has ₹2434 Cr worth of assets under management (AUM) as on Oct 2024 and is more than category average.
  2. The fund has an expense ratio 0.5.

Returns

Kotak Manufacture in India Fund Direct Growth has given a CAGR return of 27.24% since inception. Over the last 1 year the fund has given a CAGR return of 35.44%.

Holdings

Kotak Manufacture in India Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Consumer Cyclical, Health, Basic Materials, Energy, Corporate, Tech, Consumer Defensive, Government. Its top holdings are Sun Pharmaceuticals Industries Ltd, Reliance Industries Ltd, Tata Steel Ltd, Hindalco Industries Ltd, Hero MotoCorp 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 benefit
Dividends 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.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
1097 people have invested ₹ 34.3L in Kotak Manufacture in India Fund Direct Growth in the last three months

Kotak Manufacture in India Fund Direct Growth Overview

Expense ratio0.46%
Benchmark
Nifty India Manufacturing TR INR
AUM₹2434 Cr
Inception Date2 March, 2022
Min Lumpsum/SIP₹100/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
15.48%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (04-Dec-24)

Period
Kotak Manufacture in India Fund Direct Growth
Nifty 500
equity - other
1M
2.4%
2.6%
-
3M
-3.4%
-2.7%
-
6M
12.2%
13.7%
-
1Y
35.4%
25.2%
-

Fund Distribution

as on (31-Oct-24)

  • Equity 97.8%

  • Debt & Cash 2.2%

Large cap
55.3%

Mid cap
23.7%

Small cap
15%

Sector Allocation

Oct'24

Sep'24

Aug'24

Industrial
25.8%
Consumer Cyclical
24.3%
Health
17.6%
Basic Materials
16.2%
Energy
11%
Tech
2.6%
Consumer Defensive
2.5%
All changes are between Aug'24 and Oct'24
Oct'24
Sep'24
Aug'24
Fund Returns
-7.13%
2.23%
-1.08%
Nifty 500
-6.52%
2.04%
0.97%
  • This fund’s returns stands at -7.13% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
  • This fund underperformed Nifty 500 by 0.61% in Oct'24
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 2.4K Cr
₹ 2.6K Cr
₹ 2.5K Cr
  • AUM of the fund stands at 2.4K Cr as of Oct'24
  • AUM decreased by 184.3 Cr between Oct'24 and Sep'24
Top Stocks bought last month
Amber Enterprises India Ltd Ordinary Shares's allocation increased from 0.73% to 0.99%
Amber Enterprises India Ltd Ordinary Shares's allocation increased from 0.73% to 0.99%
Kaynes Technology India Ltd's allocation increased from 2.19% to 2.36%
Kaynes Technology India Ltd's allocation increased from 2.19% to 2.36%
Sun Pharmaceuticals Industries Ltd's allocation increased from 5.15% to 5.32%
Sun Pharmaceuticals Industries Ltd's allocation increased from 5.15% to 5.32%
Top Stocks sold last month
Reliance Industries Ltd's allocation decreased from 4.23 % to 4.11 %
Reliance Industries Ltd's allocation decreased from 4.23 % to 4.11 %
Tata Steel Ltd's allocation decreased from 5.26 % to 3.36 %
Tata Steel Ltd's allocation decreased from 5.26 % to 3.36 %
Hindalco Industries Ltd's allocation decreased from 2.89 % to 2.82 %
Hindalco Industries Ltd's allocation decreased from 2.89 % to 2.82 %
Cash allocation has gone down from 2.6% to 2.2%
Cash allocation has gone down from 2.6% to 2.2%

Top 3 Sectors in October were Industrial, Consumer Cyclical & Health

Oct'24
Industrial
26%
Consumer Cyclical
24%
Health
18%
Sep'24
Industrial
25%
Consumer Cyclical
25%
Health
17%
Fund
Oct'24
Sep'24
Aug'24
No of Holdings
61
60
59
Top 5 Company Concentration
18.4%
18.8%
18.8%
Company having highest exposure
Sun Pharmaceuticals Industries Ltd (5.3%)
Sun Pharmaceuticals Industries Ltd (5.2%)
Sun Pharmaceuticals Industries Ltd (5.1%)
No of Sectors
9
9
9
Top 5 Sectors Concentration
94.9%
96.1%
98%
Sector having highest exposure
Industrial (25.8%)
Industrial (25.4%)
Consumer Cyclical (25.1%)
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Abhishek Bisen
Abhishek Bisen
Fund Manager of Kotak Manufacture in India Fund Direct Growth, since 2 March 2022
Harsha Upadhyaya
Harsha Upadhyaya
Fund Manager of Kotak Manufacture in India Fund Direct Growth, since 1 October 2023
Fund House
Kotak Mahindra Asset Management Co Ltd
Total Schemes
Total AUM
₹4.8L Cr
as on 31-Oct-2024
Address
Kotak Mahindra Asset management Company Limited,2nd Floor, 12-BKC, Plot No C-12,G Block, BKC, Bandra (East),Mumbai - 400 051
Phone
91-22-40930000
Website
fundaccops@kotakmutual.com

Kotak Manufacture in India Fund Direct Growth 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 27.24% since inception which is more than its category average return of 19.3%
Fund Allocations

Fund Allocations

This fund has an allocation of 97.77% in Equity, 0% in Debt and 2.23% in Cash related instruments
AUM size ₹2434 Cr

AUM size ₹2434 Cr

This fund has AUM of ₹2434 Cr which is more than its category average of ₹ 2179 Cr
Expense Ratio 0.46%

Expense Ratio 0.46%

This fund has an expense ratio of 0.46% which is less than its category average expense ratio of 1.17%

Frequently Asked Questions for Kotak Manufacture in India Fund Direct Growth

The current NAV of Kotak Manufacture in India Fund Direct Growth is ₹19.47 as on 04-Dec-2024.
Existing (Absolute + CAGR) as on 04-Dec-2024.
Kotak Manufacture in India Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
2.44%
2.44%
6 Month Returns
12.23%
12.23%
1 Year Returns
35.44%
35.44%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
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  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.46% as on November 2024
₹2434 Cr as on November 2024
Sun Pharmaceuticals Industries Ltd(5.32%), Reliance Industries Ltd(4.11%), Tata Steel Ltd(3.36%), Hindalco Industries Ltd(2.82%), Hero MotoCorp Ltd(2.77%) as on November 2024
Industrial(25.19%), Consumer Cyclical(23.75%), Health(17.16%) as on November 2024
The alpha ratio for the Kotak Manufacture in India Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Kotak Manufacture in India Fund Direct Growth
-
-
-
As on November 2024
The alpha for Kotak Manufacture in India Fund Direct Growth is calculated against Nifty India Manufacturing 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 Manufacture in India Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Kotak Manufacture in India Fund Direct Growth
-
-
-
As on November 2024
The Beta for Kotak Manufacture in India Fund Direct Growth is calculated with Nifty India Manufacturing 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 Manufacture in India Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Kotak Manufacture in India Fund Direct Growth
1.82
-
-
As on November 2024
The sharpe ratio for Kotak Manufacture in India Fund Direct Growth is calculated with Nifty India Manufacturing 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 Manufacture in India Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Kotak Manufacture in India Fund Direct Growth
13.63
-
-
As on November 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.
Abhishek Bisen, Harsha Upadhyaya are the fund managers of Kotak Manufacture in India Fund Direct Growth
The Exit load of Kotak Manufacture in India Fund Direct Growth is 1%