Kotak S&P BSE Housing Index Fund Direct Payout Inc Dist cum Cap Wdrl

Equity
Direct
Index Funds
Kotak S&P BSE Housing Index Fund Direct Payout Inc Dist cum Cap Wdrl

About the Fund

Kotak S&P BSE Housing Index Fund Direct Payout Inc Dist cum Cap Wdrl is an equity fund. This fund was started on 28 August, 2023. The fund is managed by Abhishek Bisen, Devender Singhal. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Kotak S&P BSE Housing Index Fund Direct Payout Inc Dist cum Cap Wdrl has ₹14 Cr worth of assets under management (AUM) as on May 2024 and is less than category average.
  2. The fund has an expense ratio 0.2.

Returns

Kotak S&P BSE Housing Index Fund Direct Payout Inc Dist cum Cap Wdrl has given a CAGR return of 46.43% since inception.

Holdings

Kotak S&P BSE Housing Index Fund Direct Payout Inc Dist cum Cap Wdrl has allocated its funds majorly in Basic Materials, Industrial, Real Estate, Consumer Cyclical, Tech, Financial Services. Its top holdings are Havells India Ltd, Supreme Industries Ltd, Macrotech Developers Ltd, Godrej Properties Ltd, Voltas 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 S&P BSE Housing Index Fund Direct Payout Inc Dist cum Cap Wdrl

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 0.00 and for SIP is INR 0.00. Kotak S&P BSE Housing Index Fund Direct Payout Inc Dist cum Cap Wdrl has no lock in period.

Fund Performance

Fund Overview

Expense ratio
Expense ratio
0.22%
Benchmark
Benchmark
S&P BSE Housing
AUM
AUM
₹14 Cr
Inception Date
Inception Date
28 August, 2023
Min Lumpsum/SIP
Min Lumpsum/SIP
--/--
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
0%

Fund Distribution
as on (31-May-24)

  • Equity 100%

Mid cap
48.6%

Large cap
44.5%

Small cap
7%

Sector Allocation

May'24

Apr'24

Mar'24

Basic Materials
36.3%
Industrial
26.1%
Real Estate
25.1%
Consumer Cyclical
4.8%
Tech
4.4%
Financial Services
3.3%
All changes are between Mar'24 and May'24

Returns for the month of May

  • Gainers

  • Losers

Abhishek Bisen
Abhishek Bisen
Fund Manager of Kotak S&P BSE Housing Index Fund Direct Payout Inc Dist cum Cap Wdrl, since 4 September 2023
Devender Singhal
Devender Singhal
Fund Manager of Kotak S&P BSE Housing Index Fund Direct Payout Inc Dist cum Cap Wdrl, since 4 September 2023

Kotak S&P BSE Housing Index Fund Direct Payout Inc Dist 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 returns of 46.43% since inception (28nd Aug 2023)
Fund Allocations

Fund Allocations

This fund has an allocation of 100.03% in Equity, 0% in Debt and -0.03% 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 ₹ 752 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 S&P BSE Housing Index Fund Direct Payout Inc Dist cum Cap Wdrl is ₹14.64 as on 14-Jun-2024.
Existing (Absolute + CAGR) as on 14-Jun-2024.
Kotak S&P BSE Housing Index Fund Direct Payout Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
13.72%
13.72%
6 Month Returns
26.21%
26.21%
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 May 2024
₹14 Cr as on May 2024
Havells India Ltd(5.69%), Supreme Industries Ltd(5.4%), Macrotech Developers Ltd(5.2%), Godrej Properties Ltd(5%), Voltas Ltd(4.97%) as on May 2024
Basic Materials(36.33%), Industrial(26.07%), Real Estate(25.08%) as on May 2024
The alpha ratio for the Kotak S&P BSE Housing Index Fund Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Kotak S&P BSE Housing Index Fund Direct Payout Inc Dist cum Cap Wdrl
-
-
-
As on May 2024
The alpha for Kotak S&P BSE Housing Index Fund Direct Payout Inc Dist cum Cap Wdrl is calculated against S&P BSE Housing. 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 S&P BSE Housing Index Fund Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Kotak S&P BSE Housing Index Fund Direct Payout Inc Dist cum Cap Wdrl
-
-
-
As on May 2024
The Beta for Kotak S&P BSE Housing Index Fund Direct Payout Inc Dist cum Cap Wdrl is calculated with S&P BSE Housing. 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 S&P BSE Housing Index Fund Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Kotak S&P BSE Housing Index Fund Direct Payout Inc Dist cum Cap Wdrl
-
-
-
As on May 2024
The sharpe ratio for Kotak S&P BSE Housing Index Fund Direct Payout Inc Dist cum Cap Wdrl is calculated with S&P BSE Housing. 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 S&P BSE Housing Index Fund Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Kotak S&P BSE Housing Index Fund Direct Payout Inc Dist cum Cap Wdrl
-
-
-
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.
Abhishek Bisen, Devender Singhal are the fund managers of Kotak S&P BSE Housing Index Fund Direct Payout Inc Dist cum Cap Wdrl
The Exit load of Kotak S&P BSE Housing Index Fund Direct Payout Inc Dist cum Cap Wdrl is 0%