Kotak Pioneer Fund Direct Growth

Kotak Pioneer Fund Direct Growth is an equity fund. This fund was started on 31 October, 2019. The fund is managed by . The fund could potentially beat inflation in the long-run.

1. Kotak Pioneer Fund Direct Growth has ₹2554 Cr worth of assets under management (AUM) as on Mar 2025 and is more than category average.
2. The fund has an expense ratio 0.5.
   

Kotak Pioneer Fund Direct Growth has given a CAGR return of 23.36% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 14.63%, 25.28% and 29.96% respectively.

Kotak Pioneer Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Industrial, Health, Financial Services, Communication, Consumer Defensive, Energy, Tech, Basic Materials, Real Estate. Its top holdings are Bharti Hexacom Ltd, Eternal Ltd, InterGlobe Aviation Ltd, Aster DM Healthcare Ltd Ordinary Shares, Reliance Industries Ltd

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 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, 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 for lump sum payment is INR 100.00 and for SIP is INR 100.00. Kotak Pioneer Fund Direct Growth has no lock in period.