Kotak Pioneer Fund Direct Payout of Income Dis cum Cap wdrl

Equity
Direct
Equity - Other
Kotak Pioneer Fund Direct Payout of Income Dis cum Cap wdrl

About the Fund

Kotak Pioneer Fund Direct Payout of Income Dis cum Cap wdrl is an equity fund. This fund was started on 31 October, 2019. The fund is managed by Harish Krishnan, Arjun Khanna. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Kotak Pioneer Fund Direct Payout of Income Dis cum Cap wdrl has ₹2386 Cr worth of assets under management (AUM) as on May 2024 and is more than category average.
  2. The fund has an expense ratio 0.5.

Returns

Kotak Pioneer Fund Direct Payout of Income Dis cum Cap wdrl has given a CAGR return of 27.63% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 48.02% and 21.87% respectively.

Holdings

Kotak Pioneer Fund Direct Payout of Income Dis cum Cap wdrl has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Industrial, Financial Services, Energy, Health, Communication, Basic Materials, Tech, Consumer Defensive, Real Estate, Utilities. Its top holdings are Reliance Industries Ltd, Maruti Suzuki India Ltd, InterGlobe Aviation Ltd, Bharat Forge Ltd, HDFC Bank 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 Payout of Income Dis cum Cap wdrl

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 0.00. Kotak Pioneer Fund Direct Payout of Income Dis cum Cap wdrl has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
11 people have invested ₹ 17.3K in Kotak Pioneer Fund Direct Payout of Income Dis cum Cap wdrl in the last three months

Fund Overview

Expense ratio0.51%
Benchmark
IISL Nifty 500 TR INR
AUM₹2386 Cr
Inception Date31 October, 2019
Min Lumpsum/SIP--/--
Exit Load
1%
Lock InNo Lock-in
TurnOver
6.44%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (31-May-24)

  • Equity 81.4%

  • Debt & Cash 2.9%

Large cap
44.4%

Mid cap
24.1%

Small cap
11.9%

Sector Allocation

May'24

Apr'24

Mar'24

Consumer Cyclical
28.9%
Industrial
24.8%
Financial Services
15.5%
Energy
6.2%
Health
5.9%
Communication
5%
Basic Materials
4.3%
Tech
3.6%
Consumer Defensive
3.3%
Real Estate
1.8%
Utilities
0.7%
All changes are between Mar'24 and May'24

Returns for the month of May

  • Gainers

  • Losers

Harish Krishnan
Harish Krishnan
Fund Manager of Kotak Pioneer Fund Direct Payout of Income Dis cum Cap wdrl, since 31 October 2019
Arjun Khanna
Arjun Khanna
Fund Manager of Kotak Pioneer Fund Direct Payout of Income Dis cum Cap wdrl, since 31 October 2019

Kotak Pioneer Fund Direct Payout of Income Dis cum Cap wdrl 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 27.63% since inception which is more than its category average return of 26.07%
Fund Allocations

Fund Allocations

This fund has an allocation of 81.41% in Equity, 0% in Debt and 2.86% in Cash related instruments
AUM size ₹2386 Cr

AUM size ₹2386 Cr

This fund has AUM of ₹2386 Cr which is more than its category average of ₹ 1976 Cr
Expense Ratio 0.51%

Expense Ratio 0.51%

This fund has an expense ratio of 0.51% which is less than its category average expense ratio of 1.21%

Frequently Asked Questions

The current NAV of Kotak Pioneer Fund Direct Payout of Income Dis cum Cap wdrl is ₹30.88 as on 14-Jun-2024.
Existing (Absolute + CAGR) as on 14-Jun-2024.
Kotak Pioneer Fund Direct Payout of Income Dis cum Cap wdrl
Absolute Returns
CAGR Returns
1 Month Returns
9.88%
9.88%
6 Month Returns
25.06%
25.06%
1 Year Returns
48.02%
48.02%
3 Years Returns
80.99%
21.87%
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.
0.51% as on May 2024
₹2386 Cr as on May 2024
Reliance Industries Ltd(5.03%), Maruti Suzuki India Ltd(4.36%), InterGlobe Aviation Ltd(3.2%), Bharat Forge Ltd(3.1%), HDFC Bank Ltd(3.05%) as on May 2024
Consumer Cyclical(23.5%), Industrial(20.21%), Financial Services(12.61%) as on May 2024
The alpha ratio for the Kotak Pioneer Fund Direct Payout of Income Dis cum Cap wdrl for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Kotak Pioneer Fund Direct Payout of Income Dis cum Cap wdrl
-
-
-
As on May 2024
The alpha for Kotak Pioneer Fund Direct Payout of Income Dis cum Cap wdrl 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 Payout of Income Dis cum Cap wdrl for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Kotak Pioneer Fund Direct Payout of Income Dis cum Cap wdrl
-
-
-
As on May 2024
The Beta for Kotak Pioneer Fund Direct Payout of Income Dis cum Cap wdrl 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 Payout of Income Dis cum Cap wdrl for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Kotak Pioneer Fund Direct Payout of Income Dis cum Cap wdrl
2.81
1.1
-
As on May 2024
The sharpe ratio for Kotak Pioneer Fund Direct Payout of Income Dis cum Cap wdrl 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 Payout of Income Dis cum Cap wdrl for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Kotak Pioneer Fund Direct Payout of Income Dis cum Cap wdrl
10.23
12.72
-
As on May 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 2.01 as on May 2024. 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 Payout of Income Dis cum Cap wdrl
The Exit load of Kotak Pioneer Fund Direct Payout of Income Dis cum Cap wdrl is 1%