Equity
Direct
Equity - Other
NAV as on 05-12-2024
₹ 33.39
▲0.7%
1D
Inception Returns
26.7%
/yr
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.
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.
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
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.
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 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.
Expense ratio | 0.54% |
Benchmark | IISL Nifty 500 TR INR |
AUM | ₹2629 Cr |
Inception Date | 31 October, 2019 |
Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 35.74% |
STCG | Selling mutual fund 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 |
as on (05-Dec-24)
as on (31-Oct-24)
Top 3 Sectors in October were Consumer Cyclical, Industrial & Financial Services
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% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Kotak Pioneer Fund Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Kotak Pioneer Fund Direct Growth | - | - | - |
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 |
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 |