Kotak Pioneer Fund Direct Growth

Kotak Pioneer Fund Direct Growth

Equity

Direct

Equity - Other

NAV as on 05-12-2024

₹ 33.39

0.7%

1D

Inception Returns

26.7%

/yr

About Kotak Pioneer Fund Direct Growth

Kotak Pioneer Fund Direct Growth is an equity fund. This fund was started on 31 October, 2019. The fund is managed by . The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Kotak Pioneer Fund Direct Growth has ₹2629 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 Pioneer Fund Direct Growth has given a CAGR return of 26.68% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 38.41%, 19.45% and 27.11% respectively.

Holdings

Kotak Pioneer Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Industrial, Tech, Financial Services, Health, Communication, Energy, Basic Materials, Consumer Defensive, Real Estate, Utilities. Its top holdings are iShares NASDAQ 100 ETF USD Acc, Reliance Industries Ltd, Zomato Ltd, Bharti Hexacom Ltd, Maruti Suzuki India 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 Pioneer Fund Direct Growth

The investment objective of the scheme is to generate capital appreciation from a diversified portfolio of equity, equity related instruments and units of global mutual funds which invests into such companies that utilize new forms of production, technology, distribution or processes which are likely to challenge existing markets or value networks, or displace established market leaders, or bring in novel products and/or business models. However, there can be no assurance that the investment 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 Pioneer Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
728 people have invested ₹ 75.7L in Kotak Pioneer Fund Direct Growth in the last three months

INDmoney Rank for Kotak Pioneer Fund Direct Growth

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IND ranking is not available for this fund.
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Lower expense ratio
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Beats FD returns for both 3Y & 5Y duration
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No bad points found for this fund.

Kotak Pioneer Fund Direct Growth Overview

Expense ratio0.54%
Benchmark
IISL Nifty 500 TR INR
AUM₹2629 Cr
Inception Date31 October, 2019
Min Lumpsum/SIP₹100/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
35.74%
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 (05-Dec-24)

Period
Kotak Pioneer Fund Direct Growth
Nifty 500
equity - other
1M
4.1%
1.2%
-
3M
1.3%
-0.7%
-
6M
14.7%
9.1%
-
1Y
38.4%
24.8%
-
3Y
19.4%
16.8%
-
5Y
27.1%
19.2%
-

Fund Distribution

as on (31-Oct-24)

  • Equity 99.4%

  • Debt & Cash 0.6%

Large cap
40.2%

Mid cap
24.9%

Small cap
15.9%

Sector Allocation

Oct'24

Sep'24

Aug'24

Consumer Cyclical
28.3%
Industrial
18.6%
Financial Services
11.6%
Tech
11.3%
Health
9.6%
Communication
7.1%
Energy
4.6%
Basic Materials
3.9%
Consumer Defensive
3.6%
Real Estate
1.2%
Utilities
0.2%
All changes are between Aug'24 and Oct'24
Oct'24
Sep'24
Aug'24
Fund Returns
-6.34%
3.24%
2.90%
Nifty 500
-6.52%
2.04%
0.97%
  • This fund’s returns stands at -6.34% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
  • This fund outperformed Nifty 500 by 0.18% in Oct'24
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 2.6K Cr
₹ 2.8K Cr
₹ 2.7K Cr
  • AUM of the fund stands at 2.6K Cr as of Oct'24
  • AUM decreased by 171.9 Cr between Oct'24 and Sep'24
Top Stocks sold last month
Persistent Systems Ltd's allocation decreased from 3.44 % to 3.1 %
Persistent Systems Ltd's allocation decreased from 3.44 % to 3.1 %
Schaeffler India Ltd's allocation decreased from 5.26 % to 1.38 %
Schaeffler India Ltd's allocation decreased from 5.26 % to 1.38 %

Top 3 Sectors in October were Consumer Cyclical, Industrial & Financial Services

Oct'24
Consumer Cyclical
28%
Industrial
19%
Financial Services
12%
Sep'24
Consumer Cyclical
28%
Industrial
19%
Financial Services
12%
  • Equity

Holdings
Weight%
1M Change
iShares NASDAQ 100 ETF USD Acc
iShares NASDAQ 100 ETF USD Acc
15.77%
0%
Reliance Industries Ltd
Reliance Industries Ltd
4.26%
0%
Zomato Ltd
Zomato Ltd
4.13%
0%
Bharti Hexacom Ltd
Bharti Hexacom Ltd
3.65%
0%
Maruti Suzuki India Ltd
Maruti Suzuki India Ltd
3.54%
0%
Fund
Oct'24
Sep'24
Aug'24
No of Holdings
48
48
47
Top 5 Company Concentration
19.4%
19.4%
19.1%
Company having highest exposure
Reliance Industries Ltd (4.4%)
Reliance Industries Ltd (4.4%)
Reliance Industries Ltd (4.7%)
No of Sectors
11
11
11
Top 5 Sectors Concentration
79.4%
79.4%
79.6%
Sector having highest exposure
Consumer Cyclical (28.3%)
Consumer Cyclical (28.3%)
Consumer Cyclical (27.8%)
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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

Mutual Fund Insights

Insights icon
This fund expense ratio is slightly on the lower side within the category (equity - other). Its expense ratio is 0.54% which is lower than the category average expense ratio of 1.14%.
Insights icon
In the last 5 years, ICICI Prudential Commodities Fund Direct Growth has given 34.33% return, outperforming this fund by 7.48% per annum.
Insights icon
Over the last 1 month, this fund has experienced a 6.1% drop in AUM moving from 2.80K Cr to 2.62K Cr.
Insights icon
In the last 3 years, SBI PSU Direct Growth has given 39.23% return, outperforming this fund by 20.04% per annum.
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In the last 1 year, HDFC Defence Fund Direct Growth has given 63.72% return, outperforming this fund by 25.58%.
Insights icon
Over the last 3 months, this fund has increased expense ratio by 10.2% moving from 0.49 to 0.54.

Kotak Pioneer 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 26.68% since inception which is more than its category average return of 19.56%
Fund Allocations

Fund Allocations

This fund has an allocation of 99.37% in Equity, 0% in Debt and 0.63% in Cash related instruments
AUM size ₹2629 Cr

AUM size ₹2629 Cr

This fund has AUM of ₹2629 Cr which is more than its category average of ₹ 2182 Cr
Expense Ratio 0.54%

Expense Ratio 0.54%

This fund has an expense ratio of 0.54% which is less than its category average expense ratio of 1.17%

Frequently Asked Questions for Kotak Pioneer Fund Direct Growth

The current NAV of Kotak Pioneer Fund Direct Growth is ₹33.39 as on 05-Dec-2024.
Existing (Absolute + CAGR) as on 05-Dec-2024.
Kotak Pioneer Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
4.15%
4.15%
6 Month Returns
14.66%
14.66%
1 Year Returns
38.41%
38.41%
3 Years Returns
70.43%
19.45%
5 Years Returns
231.77%
27.11%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • Select your bank account and proceed with Payment.
0.54% as on November 2024
₹2629 Cr as on November 2024
iShares NASDAQ 100 ETF USD Acc(15.77%), Reliance Industries Ltd(4.26%), Zomato Ltd(4.13%), Bharti Hexacom Ltd(3.65%), Maruti Suzuki India Ltd(3.54%) as on November 2024
Consumer Cyclical(27.2%), Industrial(16.78%), Tech(13.26%) as on November 2024
The alpha ratio for the Kotak Pioneer Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Kotak Pioneer Fund Direct Growth
-
-
-
As on November 2024
The alpha for Kotak Pioneer Fund Direct Growth is calculated against IISL Nifty 500 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 Pioneer Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Kotak Pioneer Fund Direct Growth
-
-
-
As on November 2024
The Beta for Kotak Pioneer Fund Direct Growth is calculated with IISL Nifty 500 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 Pioneer Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Kotak Pioneer Fund Direct Growth
2.14
0.86
1.04
As on November 2024
The sharpe ratio for Kotak Pioneer Fund Direct Growth is calculated with IISL Nifty 500 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 Pioneer Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Kotak Pioneer Fund Direct Growth
11.93
13.88
19.39
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.
Sortino ratio is 1.48 as on November 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
The Exit load of Kotak Pioneer Fund Direct Growth is 1%