Kotak Manufacture in India Fund Direct Growth

Equity
Direct
Equity - Other
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

  1. 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.
  2. The fund has an expense ratio 0.5.

Returns

Kotak Manufacture in India Fund Direct Growth has given a CAGR return of 33.95% since inception. Over the last 1 year the fund has given a CAGR return of 56.40%.

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 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.

Fund Performance
zero opening, trading, fund transfer fee
985 people have invested ₹ 91.4L in Kotak Manufacture in India Fund Direct Growth in the last three months

Fund Overview

Expense ratio0.49%
Benchmark
Nifty India Manufacturing TR INR
AUM₹2339 Cr
Inception Date2 March, 2022
Min Lumpsum/SIP₹100/₹100
Exit Load
1%
Lock InNo Lock-in
TurnOver
5.75%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (30-Jun-24)

  • Equity 98.4%

  • Debt & Cash 1.6%

Large cap
48.6%

Mid cap
36.9%

Small cap
10.8%

Sector Allocation

Jun'24

May'24

Apr'24

Industrial
26%
Consumer Cyclical
26%
Basic Materials
18.2%
Health
15.4%
Energy
11.7%
Tech
1.5%
Consumer Defensive
1.3%
All changes are between Apr'24 and Jun'24

Returns for the month of Jun

  • Gainers

  • Losers

Abhishek Bisen
Abhishek Bisen
Fund Manager of Kotak Manufacture in India Fund Direct Growth, since 2 March 2022
Harish Krishnan
Harish Krishnan
Fund Manager of Kotak Manufacture in India Fund Direct Growth, since 2 March 2022

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 33.95% since inception which is more than its category average return of 25.85%
Fund Allocations

Fund Allocations

This fund has an allocation of 98.38% in Equity, 0% in Debt and 1.62% in Cash related instruments
AUM size ₹2339 Cr

AUM size ₹2339 Cr

This fund has AUM of ₹2339 Cr which is more than its category average of ₹ 2230 Cr
Expense Ratio 0.49%

Expense Ratio 0.49%

This fund has an expense ratio of 0.49% which is less than its category average expense ratio of 1.23%

Frequently Asked Questions

The current NAV of Kotak Manufacture in India Fund Direct Growth is ₹20.04 as on 16-Jul-2024.
Existing (Absolute + CAGR) as on 16-Jul-2024.
Kotak Manufacture in India Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
3.21%
3.21%
6 Month Returns
32.03%
32.03%
1 Year Returns
56.4%
56.4%
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.
  • 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.
0.49% as on June 2024
₹2339 Cr as on June 2024
Reliance Industries Ltd(5.02%), Tata Steel Ltd(4.09%), Sun Pharmaceuticals Industries Ltd(3.9%), Hero MotoCorp Ltd(3.22%), Hindalco Industries Ltd(2.96%) as on June 2024
Industrial(25.58%), Consumer Cyclical(25.55%), Basic Materials(17.89%) as on June 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
4.03
-
-
As on June 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
0.82
-
-
As on June 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
3.62
-
-
As on June 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
10.61
-
-
As on June 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, Harish Krishnan 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%