Kotak Technology Fund Direct Growth

Equity
Direct
Sector - Technology
Kotak Technology Fund Direct Growth

About the Fund

Kotak Technology Fund Direct Growth is an equity fund. This fund was started on 4 March, 2024. The fund is managed by . The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Kotak Technology Fund Direct Growth has ₹364 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
  2. The fund has an expense ratio 1.

Returns

Kotak Technology Fund Direct Growth has given a CAGR return of 16.79% since inception.

Holdings

Kotak Technology Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Tech, Communication, Industrial, Consumer Cyclical. Its top holdings are Infosys Ltd, Tata Consultancy Services Ltd, Bharti Airtel Ltd, Tech Mahindra Ltd, HCL Technologies Ltd

Taxation

As it is a sector - technology 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 Technology Fund Direct Growth

The investment objective of the scheme is to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related securities of Technology & technology related sectors.

Minimum Investment and lockin period

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

Fund Performance
zero opening, trading, fund transfer fee
780 people have invested ₹ 69.1L in Kotak Technology Fund Direct Growth in the last three months

Fund Overview

Expense ratio1%
Benchmark
S&P BSE IT
AUM₹364 Cr
Inception Date4 March, 2024
Min Lumpsum/SIP₹100/₹100
Exit Load
1%
Lock InNo Lock-in
TurnOver
0%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (30-Jun-24)

  • Equity 97.8%

  • Debt & Cash 2.2%

Large cap
72.6%

Mid cap
13.7%

Small cap
8.3%

Sector Allocation

Jun'24

May'24

Apr'24

Tech
66.8%
Communication
23%
Industrial
5.2%
Consumer Cyclical
5%

Returns for the month of Jun

  • Gainers

  • Losers

Kotak Technology 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 16.79% since inception (04nd Mar 2024)
Fund Allocations

Fund Allocations

This fund has an allocation of 97.82% in Equity, 0% in Debt and 2.18% in Cash related instruments
AUM size ₹364 Cr

AUM size ₹364 Cr

This fund has AUM of ₹364 Cr which is less than its category average of ₹ 3234 Cr
Expense Ratio 1%

Expense Ratio 1%

This fund has an expense ratio of 1% which is less than its category average expense ratio of 1.24%

Frequently Asked Questions

The current NAV of Kotak Technology Fund Direct Growth is ₹11.68 as on 23-Jul-2024.
Existing (Absolute + CAGR) as on 23-Jul-2024.
Kotak Technology Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
11.25%
11.25%
6 Month Returns
0%
0%
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.
1% as on June 2024
₹364 Cr as on June 2024
Infosys Ltd(22.75%), Tata Consultancy Services Ltd(13.52%), Bharti Airtel Ltd(13.28%), Tech Mahindra Ltd(6.79%), HCL Technologies Ltd(5.66%) as on June 2024
Tech(65.34%), Communication(22.47%), Industrial(5.11%) as on June 2024
The alpha ratio for the Kotak Technology Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Kotak Technology Fund Direct Growth
-
-
-
As on June 2024
The alpha for Kotak Technology Fund Direct Growth is calculated against S&P BSE IT. 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 Technology Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Kotak Technology Fund Direct Growth
-
-
-
As on June 2024
The Beta for Kotak Technology Fund Direct Growth is calculated with S&P BSE IT. 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 Technology Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Kotak Technology Fund Direct Growth
-
-
-
As on June 2024
The sharpe ratio for Kotak Technology Fund Direct Growth is calculated with S&P BSE IT. 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 Technology Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Kotak Technology 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.
The Exit load of Kotak Technology Fund Direct Growth is 1%