Equity
Direct
Equity - Other
NAV as on 04-12-2024
₹ 19.47
▲0.1%
1D
Inception Returns
27.2%
/yr
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.
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%.
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
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.
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 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.
Expense ratio | 0.46% |
Benchmark | Nifty India Manufacturing TR INR |
AUM | ₹2434 Cr |
Inception Date | 2 March, 2022 |
Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 15.48% |
STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
Risk | Very High Risk |
as on (04-Dec-24)
as on (31-Oct-24)
Top 3 Sectors in October were Industrial, Consumer Cyclical & Health
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% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Kotak Manufacture in India Fund Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Kotak Manufacture in India Fund Direct Growth | - | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Kotak Manufacture in India Fund Direct Growth | 1.82 | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Kotak Manufacture in India Fund Direct Growth | 13.63 | - | - |