Kotak Manufacture in India Fund Direct Growth
Equity
Direct
Equity - Other
NAV as on 22-10-2024
₹ 19.2
1D
Inception Returns
29.2%
/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, Harish Krishnan. The fund could potentially beat inflation in the long-run.
Key Parameters
- Kotak Manufacture in India Fund Direct Growth has ₹2618 Cr worth of assets under management (AUM) as on Sep 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 29.19% since inception. Over the last 1 year the fund has given a CAGR return of 45.32%.
Holdings
Kotak Manufacture in India Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Consumer Cyclical, Health, Basic Materials, Energy, Corporate, Consumer Defensive, Tech, Government. Its top holdings are Sun Pharmaceuticals Industries Ltd, Reliance Industries Ltd, Tata Steel 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.
Historical NAV & Returns
Annualised
▲
▼
1065 people have invested ₹ 41L in Kotak Manufacture in India Fund Direct Growth in the last three months
Kotak Manufacture in India Fund Direct Growth Overview
| Expense ratio | 0.46% |
Benchmark | Nifty India Manufacturing TR INR |
| AUM | ₹2618 Cr |
| Inception Date | 2 March, 2022 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 15.48% |
| STCG | Redeeming 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 |
Trailing Returns
as on (22-Oct-24)
Fund Distribution
as on (30-Sep-24)
Large cap
56.5%
Mid cap
23.7%
Small cap
14.6%
Sector Allocation
Industrial
25.4%
Consumer Cyclical
25.1%
Health
17.3%
Basic Materials
16.3%
Energy
12%
Consumer Defensive
2.6%
Tech
1.3%
All changes are between Jul'24 and Sep'24
- This fund’s returns stands at 2.23% whereas the fund’s underlying benchmark Nifty 500 returns stands at 2.04% as on Sep'24
- This fund outperformed Nifty 500 by 0.19% in Sep'24
- AUM of the fund stands at 2.6K Cr as of Sep'24
- AUM increased by 98 Cr between Sep'24 and Aug'24
Top Stocks bought last month
Premier Energies Ltd's allocation increased from 0.47% to 1.09%
Bosch Ltd's allocation increased from 2.19% to 2.45%
Kaynes Technology India Ltd's allocation increased from 1.99% to 2.19%
Top Stocks sold last month
Reliance Industries Ltd's allocation decreased from 4.49 % to 4.23 %
Tata Steel Ltd's allocation decreased from 5.26 % to 3.54 %
Bharat Petroleum Corp Ltd's allocation decreased from 2.84 % to 2.83 %
Mid Cap allocation has gone down from 32.3% to 23.7%
Large Cap allocation has gone up from 47.4% to 56.5%
Small Cap allocation has gone up from 9.4% to 14.6%
Cash allocation has gone down from 5.2% to 2.6%
Top 3 Sectors in September were Consumer Cyclical, Industrial & Health
Sep'24
Industrial
25%
Consumer Cyclical
25%
Health
17%
Aug'24
Consumer Cyclical
25%
Industrial
25%
Health
18%
See all
Top Growth Drivers | 1M Return |
|---|---|
 Bosch Ltd | 0.9% |
 Tata Steel Ltd | 0.9% |
 Kaynes Technology India Ltd | 0.4% |
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Abhishek Bisen
Fund Manager of Kotak Manufacture in India Fund Direct Growth, since 2 March 2022
Top funds managed
Harish Krishnan
Fund Manager of Kotak Manufacture in India Fund Direct Growth, since 2 March 2022
Top funds managed
Fund House
Kotak Mahindra Asset Management Co Ltd
Total Schemes
Total AUM
₹4.68L Cr
as on 30-Sep-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
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 29.19% since inception which is more than its category average return of 21.07%
Fund Allocations
This fund has an allocation of 97.38% in Equity, 0% in Debt and 2.62% in Cash related instruments
AUM size ₹0 Cr
This fund has AUM of ₹0 Cr which is more than its category average of ₹ 2436 Cr
Expense Ratio 0.46%
This fund has an expense ratio of 0.46% which is less than its category average expense ratio of 1.25%
Frequently Asked Questions for Kotak Manufacture in India Fund Direct Growth
The current NAV of Kotak Manufacture in India Fund Direct Growth is ₹19.2 as on 22-Oct-2024.
Existing (Absolute + CAGR) as on 22-Oct-2024.
Kotak Manufacture in India Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -2.47% | -2.47% |
6 Month Returns | 17.9% | 17.9% |
1 Year Returns | 45.32% | 45.32% |
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.
0.46% as on September 2024
₹2618 Cr as on September 2024
Sun Pharmaceuticals Industries Ltd(5.15%), Reliance Industries Ltd(4.23%), Tata Steel Ltd(3.54%), Hero MotoCorp Ltd(2.95%), Hindalco Industries Ltd(2.89%) as on September 2024
Industrial(24.73%), Consumer Cyclical(24.43%), Health(16.87%) as on September 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 | 3.9 | - | - |
As on September 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 September 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 | 3.22 | - | - |
As on September 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 | 11.07 | - | - |
As on September 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%