Kotak Pioneer Fund Direct Growth
Equity
Direct
Equity - Other
NAV: ₹ 27.8 as on 12-04-2024
Fund Performance
536 people have invested ₹ 50L in Kotak Pioneer Fund Direct Growth in the last three months
INDmoney Rank of Kotak Pioneer Fund Direct Growth
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IND ranking is not available for this fund.
Pros
Lower expense ratio
Cons
No bad points found for this fund.
About the 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 Arjun Khanna, Harish Krishnan. The fund could potentially beat inflation in the long-run.
Key Parameters
- Kotak Pioneer Fund Direct Growth has ₹2250 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
- The fund has an expense ratio 0.5.
Kotak Pioneer Fund Direct Growth Overview
 | 0.5% |
 Benchmark | IISL Nifty 500 TR INR |
 | ₹2250 Cr |
 | 31 October, 2019 |
 | ₹100/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 6.44% |
Kotak Pioneer Fund Direct Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
46.7%
Mid cap
24.1%
Small cap
9.1%
Sector Allocation
Consumer Cyclical
28.1%
Industrial
23%
Financial Services
16.8%
Energy
6.9%
Health
6.9%
Basic Materials
5.8%
Tech
4.9%
Consumer Defensive
3%
Real Estate
2%
Communication
1.5%
Utilities
1%
Top Holdings of Kotak Pioneer Fund Direct Growth as on (31-Mar-24)
Equity Holdings45
Debt Holdings1
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Reliance Industries Ltd | 5.55% | 0% | |
 Maruti Suzuki India Ltd | 4.7% | 0% | |
 Zomato Ltd | 3.15% | 0% | |
 Persistent Systems Ltd | 3.1% | 0% | |
 HDFC Bank Ltd | 3.06% | 0% |
See all
Kotak Pioneer Fund Direct Growth: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 3.06% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.47% as on Mar'24
- This fund outperformed Nifty 500 by 3.52% in Mar'24
AUM Change
- AUM of the fund stands at 2.3K Cr as of Mar'24
- AUM increased by 57.2 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in Kotak Pioneer Fund Direct Growth portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 ABB India Ltd | 20.7% |
 Avenue Supermarts Ltd | 20.1% |
 Maruti Suzuki India Ltd | 7.7% |
Peer Analysis
Kotak Pioneer Fund Direct Growth 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
Kotak Pioneer 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 25.84% since inception which is more than its category average return of 22.15%
Fund Allocations
This fund has an allocation of 79.91% in Equity, 0% in Debt and 3.43% in Cash related instruments
AUM size ₹2250 Cr
This fund has AUM of ₹2250 Cr which is more than its category average of ₹ 1773 Cr
Expense Ratio 0.5%
This fund has an expense ratio of 0.5% which is less than its category average expense ratio of 1.32%
Frequently Asked Questions
The current NAV of Kotak Pioneer Fund Direct Growth is ₹27.8 as on 12-Apr-2024.
Existing (Absolute + CAGR) as on 12-Apr-2024.
Kotak Pioneer Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 5.66% | 5.66% |
6 Month Returns | 22.91% | 22.91% |
1 Year Returns | 48.29% | 48.29% |
3 Years Returns | 79.24% | 21.47% |
5 Years Returns | 0% | 0% |
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0.5% as on March 2024
₹2250 Cr as on March 2024
Reliance Industries Ltd(5.55%), Maruti Suzuki India Ltd(4.7%), Zomato Ltd(3.15%), Persistent Systems Ltd(3.1%), HDFC Bank Ltd(3.06%) as on March 2024
Consumer Cyclical(22.49%), Industrial(18.39%), Financial Services(13.39%) as on March 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 March 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 March 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 | 2.98 | 1.13 | - |
As on March 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 | 11.14 | 12.75 | - |
As on March 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 2.07 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Arjun Khanna, Harish Krishnan are the fund managers of Kotak Pioneer Fund Direct Growth
The Exit load of Kotak Pioneer Fund Direct Growth is 1%