Kotak BSE Housing Index Fund Direct Growth

Equity
Direct
Index Funds
Kotak BSE Housing Index Fund Direct Growth

About the Fund

Kotak BSE Housing Index Fund Direct Growth is an equity fund. This fund was started on 28 August, 2023. The fund is managed by Devender Singhal, Abhishek Bisen. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Kotak BSE Housing Index Fund Direct Growth has ₹14 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
  2. The fund has an expense ratio 0.2.

Returns

Kotak BSE Housing Index Fund Direct Growth has given a CAGR return of 44.53% since inception.

Holdings

Kotak BSE Housing Index Fund Direct Growth has allocated its funds majorly in Basic Materials, Real Estate, Industrial, Tech, Financial Services. Its top holdings are Dixon Technologies (India) Ltd, Godrej Properties Ltd, Grasim Industries Ltd, UltraTech Cement Ltd, Phoenix Mills Ltd

Taxation

As it is a index funds 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 BSE Housing Index Fund Direct Growth

The investment objective of the scheme is to replicate the composition of the S&P BSE Housing Index and to generate returns that are commensurate with the performance of the S&P BSE Housing Index, subject to tracking errors.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Kotak BSE Housing Index Fund Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
663 people have invested ₹ 9.8L in Kotak BSE Housing Index Fund Direct Growth in the last three months

Fund Overview

Expense ratio0.22%
Benchmark
BSE Housing TR INR
AUM₹14 Cr
Inception Date28 August, 2023
Min Lumpsum/SIP₹100/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
0%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (30-Jun-24)

  • Equity 100%

Mid cap
53.8%
Large cap
47.2%
Sector Allocation

Jun'24

May'24

Apr'24

Basic Materials
34.6%
Industrial
26.5%
Real Estate
25.7%
Consumer Cyclical
5.4%
Tech
4.8%
Financial Services
3%
All changes are between Apr'24 and Jun'24

as on (30-Jun-24)

  • Equity

Holdings
Weight%
1M Change
Dixon Technologies (India) Ltd
Dixon Technologies (India) Ltd
5.72%
34%
Godrej Properties Ltd
Godrej Properties Ltd
5.4%
34.1%
Grasim Industries Ltd
Grasim Industries Ltd
5.38%
34.1%
UltraTech Cement Ltd
UltraTech Cement Ltd
5.21%
34.3%
Phoenix Mills Ltd
Phoenix Mills Ltd
5.18%
34.2%
See all

  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
Kotak BSE Housing Index Fund Direct Growth
Kotak BSE Housing Index Fund Direct Growth
-
-
-
44.5%
Aditya Birla Sun Life Nifty Smallcap 50 Index Fund Direct Growth
Aditya Birla Sun Life Nifty Smallcap 50 Index Fund Direct Growth
66.9%
18.5%
-
25.4%
UTI Nifty Next 50 Index Fund Direct Growth
UTI Nifty Next 50 Index Fund Direct Growth
63%
22.8%
23%
17.3%
Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct Growth
Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct Growth
54.4%
27.3%
-
29.9%
See all

Returns for the month of Jun

  • Gainers

  • Losers

Top Growth Drivers
1M Return
Grasim Industries Ltd
Grasim Industries Ltd
12.2%
LIC Housing Finance Ltd
LIC Housing Finance Ltd
5%

Devender Singhal
Devender Singhal
Fund Manager of Kotak BSE Housing Index Fund Direct Growth, since 4 September 2023
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Kotak Multi Asset Allocator Fund of Fund - Dynamic Direct Growth
20.37%
--
Kotak Debt Hybrid Direct Growth
12.07%
8.68%
Kotak Equity Savings Fund Direct Growth
13.68%
9.38%
Abhishek Bisen
Abhishek Bisen
Fund Manager of Kotak BSE Housing Index Fund Direct Growth, since 4 September 2023
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Kotak Balanced Advantage Fund Direct Growth
13.44%
12.79%
Kotak Equity Savings Fund Direct Growth
13.68%
9.38%
Kotak Bond Short Term Plan Direct Growth
6.02%
5.31%

Kotak BSE Housing Index 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 returns of 44.53% since inception (28nd Aug 2023)
Fund Allocations

Fund Allocations

This fund has an allocation of 101.02% in Equity, 0% in Debt and -1.02% in Cash related instruments
AUM size ₹14 Cr

AUM size ₹14 Cr

This fund has AUM of ₹14 Cr which is less than its category average of ₹ 794 Cr
Expense Ratio 0.22%

Expense Ratio 0.22%

This fund has an expense ratio of 0.22% which is less than its category average expense ratio of 0.54%

Frequently Asked Questions

The current NAV of Kotak BSE Housing Index Fund Direct Growth is ₹14.36 as on 25-Jul-2024.
Existing (Absolute + CAGR) as on 25-Jul-2024.
Kotak BSE Housing Index Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-1.97%
-1.97%
6 Month Returns
25.75%
25.75%
1 Year Returns
0%
0%
3 Years Returns
0%
0%
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.
0.22% as on June 2024
₹14 Cr as on June 2024
Dixon Technologies (India) Ltd(5.72%), Godrej Properties Ltd(5.4%), Grasim Industries Ltd(5.38%), UltraTech Cement Ltd(5.21%), Phoenix Mills Ltd(5.18%) as on June 2024
Basic Materials(38.87%), Real Estate(28.16%), Industrial(24.28%) as on June 2024
The alpha ratio for the Kotak BSE Housing Index Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Kotak BSE Housing Index Fund Direct Growth
-
-
-
As on June 2024
The alpha for Kotak BSE Housing Index Fund Direct Growth is calculated against BSE Housing 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 BSE Housing Index Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Kotak BSE Housing Index Fund Direct Growth
-
-
-
As on June 2024
The Beta for Kotak BSE Housing Index Fund Direct Growth is calculated with BSE Housing 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 BSE Housing Index Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Kotak BSE Housing Index Fund Direct Growth
-
-
-
As on June 2024
The sharpe ratio for Kotak BSE Housing Index Fund Direct Growth is calculated with BSE Housing 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 BSE Housing Index Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Kotak BSE Housing Index Fund Direct Growth
-
-
-
As on June 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.
Devender Singhal, Abhishek Bisen are the fund managers of Kotak BSE Housing Index Fund Direct Growth
The Exit load of Kotak BSE Housing Index Fund Direct Growth is 0%