Kotak Pioneer Fund Direct Growth
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Equity
Direct
Equity - Other
NAV: ₹ 18.9 as on 08-02-2023
Fund Performance
244 people have invested ₹ 32.1L in mutual fund in the last three months
Fund Insights
In the last 1 year, Quant Quantamental Fund Direct Growth has given 19.73% return, outperforming this fund by 18%
In the last 3 years, ICICI Prudential Commodities Fund Direct Growth has given 39.24% return, outperforming this fund by 18.15% per annum
Over the last 1 month, this fund has increased expense ratio by 2.2% moving from 0.46 to 0.47
This fund has one of the lowest expense ratio in the category (equity - other). Its expense ratio is 0.47% which is lower than the category average expense ratio of 1.24%
INDmoney Rank
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IND ranking is not available for this fund.
Pros
3Y returns in the top 25% of the category
Lower expense ratio
Cons
No bad points found for this fund.
Fund Performance as on (19-Jan-23)
About the Fund
Kotak Pioneer Fund Direct Growth is an equity fund. This fund was started on 31 October, 2019. The fund is managed by Arjun Khanna, Harish Krishnan. The fund could potentially beat inflation in the long-run.
Key parameters
1) Kotak Pioneer Fund Direct Growth has a NAV of ₹18.889 as on 08-02-2023.
2) Kotak Pioneer Fund Direct Growth has ₹1583 Cr worth of assets under management (AUM) as on 31-12-2022 and is more than category average.
3) The fund has an expense ratio 0.47 %.
Fund Overview
Expense ratio | 0.47% |
Benchmark | IISL Nifty 500 TR INR |
AUM | ₹1583 Cr |
Inception Date | 31 October, 2019 |
Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 1% |
Lock In | No Lock-in |
TurnOver | 7.84% |
Fund Distribution as on (31-Dec-22)
Size breakup
Large cap
43.3%
Mid cap
25.7%
Small cap
10.8%
Sector Allocation
Consumer Cyclical
28.5%
Financial Services
18.5%
Industrial
18.1%
Energy
9.3%
Basic Materials
8.1%
Health
6.9%
Tech
6.1%
Real Estate
1.7%
Utilities
1.4%
Communication
1.3%
Top Holdings as on (31-Dec-22)
Equity Holdings47
Debt Holdings1
Holdings | Weight% | Holdings Trend | 1M Change |
|---|---|---|---|
Reliance Industries Ltd | 7.4% | -2.1% | |
HDFC Bank Ltd | 6.17% | 0% | |
Maruti Suzuki India Ltd | 5.44% | -2.4% | |
Persistent Systems Ltd | 4.28% | 0% | |
Titan Co Ltd | 3.53% | -4.4% |
See all
What changed
in last one month
AUM decreased by 64.4 Cr in last 1M
Dec'22 return underperformed benchmark
Change in AUM
Dec'22
₹ 1.6K Cr
Nov'22
₹ 1.6K Cr
Oct'22
₹ 1.7K Cr
Fund Returns vs Benchmark
Jan'23
2.39%
5.37%
Dec'22
0.63%
2.63%
Nov'22
2.39%
5.37%
Fund Return
Benchmark Return
Concentration Analysis as on (31-Dec-22)
Winners & Losers as on (31-Dec-22)
Top Growth Drivers | 1M Return |
|---|---|
Solar Industries India Ltd | 7.5% |
Bharat Forge Ltd | 3.7% |
Peer Analysis
Fund Manager
Arjun Khanna
Fund Manager of Kotak Pioneer Fund Direct Growth, since 31 October 2019
Top funds managed
Harish Krishnan
Fund Manager of Kotak Pioneer Fund Direct Growth, since 31 October 2019
Top funds managed
AMC details
Fund House
Kotak Mahindra Asset Management Co Ltd
Total Schemes
Total AUM
₹2.79L Cr
as on 31-Dec-2022
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
Email
fundaccops@kotakmutual.com
Fund 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 21.44% since inception which is more than its category average return of 11.02%
Fund Allocations
This fund has an allocation of 79.86% in Equity, 0% in Debt and 1.59% in Cash related instruments
AUM size ₹1583 Cr
This fund has AUM of ₹1583 Cr which is more than its category average of ₹ 1213 Cr
Expense Ratio 0.47%
This fund has an expense ratio of 0.47% which is less than its category average expense ratio of 1.43%
Frequently Asked Questions
The current NAV of Kotak Pioneer Fund Direct Growth is 18.7 as on 07-Feb-2023.
Existing (Absolute + CAGR)
Kotak Pioneer Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.79% | 3.79% |
6 Month Returns | 0.96% | 0.96% |
1 Year Returns | 0.59% | 0.59% |
3 Years Returns | 75.78% | 20.69% |
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.
0.47 as on January 2023
1583 Cr as on January 2023
Reliance Industries Ltd(7.4%),HDFC Bank Ltd(6.17%),Maruti Suzuki India Ltd(5.44%),Persistent Systems Ltd(4.28%),Titan Co Ltd(3.53%) as on January 2023
Consumer Cyclical(22.75%),Cash Equivalent(20.14%),Financial Services(14.77%) as on January 2023
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 January 2023
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 January 2023
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 | -0.28 | 0.76 | - |
As on January 2023
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 | 14.96 | 23.3 | - |
As on January 2023
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 1.15 as on January 2023. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Harish Krishnan,Arjun Khanna are the fund managers of Kotak Pioneer Fund Direct Growth
The Exit load of Kotak Pioneer Fund Direct Growth is 1%
Mutual Fund execution provided by
Technology facilitation Services provided by Finzoom Investment Advisors Pvt. Ltd. - Advisory unit. SEBI Registered Investment Advisor: INA100012190 | BASL Registration No. 1154 | BSE StarMF Platform code: 24801
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.