Kotak India EQ Contra Fund -Direct Reinvestment of Income Dis cum Cap wdrl

Kotak India EQ Contra Fund -Direct Reinvestment of Income Dis cum Cap wdrl is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Shibani Kurian. The fund could potentially beat inflation in the long-run.

1. Kotak India EQ Contra Fund -Direct Reinvestment of Income Dis cum Cap wdrl has ₹4072 Cr worth of assets under management (AUM) as on Apr 2025 and is less than category average.
2. The fund has an expense ratio 0.6.
   

Kotak India EQ Contra Fund -Direct Reinvestment of Income Dis cum Cap wdrl has given a CAGR return of 14.53% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.70%, 25.15% and 29.16% respectively.

Kotak India EQ Contra Fund -Direct Reinvestment of Income Dis cum Cap wdrl has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Tech, Consumer Cyclical, Health, Basic Materials, Consumer Defensive, Utilities, Energy, Communication. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, State Bank of India, Reliance Industries Ltd, Infosys Ltd

As it is a contra mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

The investment objective of the scheme is to generate capital appreciation from a diversified portfolio of equity and equity related instruments. The Scheme will invest in stocks of companies, which are fundamentally sound but are undervalued. Undervalued stocks are stocks of those companies whose true long term potential is not yet recognised by the market. At times, the broad market takes time to appreciate the long-term potential of some fundamentally sound companies. Stocks of such companies are traded at prices below their intrinsic value and are regarded as undervalued stocks. We believe that, over a period of time, the price of a stock reflects the intrinsic value of the underlying company. Thus, the moving up of the price of the undervalued stock towards its intrinsic value will help us generate capital appreciation for investors. However, there can be no assurance that the investment objective of the Scheme will be achieved.

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Kotak India EQ Contra Fund -Direct Reinvestment of Income Dis cum Cap wdrl has no lock in period.