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5 star

Kotak India EQ Contra Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.56 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.22 Lakh

Suitability:

When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.

This fund follows a value/contrarian style of investing, which endeavours to find stocks that are priced significantly lower than what the fund management team believes is their true worth.

Like for all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other value-oriented fund, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 20.25 0.64 1.13 9.40 7.53 23.15 70.30 15.97 18.45 15.43 --
S&P BSE 100 TRI 15.33 0.40 0.94 8.64 7.44 18.67 64.88 14.75 15.70 12.77 --
Equity: Value Oriented 22.86 0.46 0.81 9.03 9.69 25.36 75.28 12.73 15.23 14.69 --
Rank within category 11 4 4 7 16 11 10 2 2 4 --
Number of funds in category 18 18 18 18 18 18 17 15 14 13 1

As on 15-Jun-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Kotak India EQ Contra Fund - Direct Plan  | Invest Online
5 star
Jan-13 70.30 15.97 18.45 1.04 1,014
ICICI Prudential Value Discovery Fund - Direct Plan  | Invest Now
4 star
Jan-13 67.02 15.07 14.15 1.31 19,189
Invesco India Contra Fund - Direct Plan  | Invest Online
4 star
Jan-13 65.02 15.19 18.90 0.56 7,033
UTI Value Opportunities Fund - Direct Plan  | Invest Online
4 star
Jan-13 67.92 15.44 15.12 1.31 5,917
Nippon India Value Fund - Direct Plan  | Invest Online
4 star
Jan-13 79.69 15.10 16.70 1.41 3,808

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 9.86 01-Apr-2020 - 09-Apr-2020 -18.76 16-Mar-2020 - 23-Mar-2020
Month 20.62 23-Mar-2020 - 22-Apr-2020 -37.34 20-Feb-2020 - 23-Mar-2020
Quarter 33.71 23-Mar-2020 - 22-Jun-2020 -35.66 23-Dec-2019 - 23-Mar-2020
Year 100.97 23-Mar-2020 - 23-Mar-2021 -30.92 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 16.83 22.50 0.56 0.61 1.00 0.94
S&P BSE 100 TRI 15.84 22.08 0.52 0.62 -- --
Equity: Value Oriented 13.89 23.97 0.40 0.46 1.04 -2.45
Rank within category 2 6 2 3 6 2
Number of funds in category 15 15 15 15 15 15

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-May-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 55
Top 10 Stocks (%) 46.79
Top 5 Stocks (%) 31.56
Top 3 Sectors (%) 55.18
Portfolio P/B Ratio 3.17
Portfolio P/E Ratio 24.50

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,56,028 1,06,045
Giant (%) 55.60 44.65
Large (%) 15.21 19.15
Mid (%) 29.19 25.31
Small (%) -- 13.06
Tiny (%) -- 0.03

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal ICICI Bank Financial 24.29 8.43 0.31 8.34
equal Infosys Technology 32.43 7.40 3.09 6.80
equal Reliance Industries Energy 30.97 9.70 5.74 6.17
equal HDFC Bank Financial 25.83 9.07 0.06 5.68
equal State Bank of India Financial 17.11 4.57 0.25 4.57
equal Ultratech Cement Construction 35.22 4.00 0.00 3.71
equal Axis Bank Financial 31.98 3.91 0.00 3.33
up Larsen & Toubro Construction 18.32 4.77 2.05 2.90
down Supreme Industries Chemicals 29.50 2.69 0.00 2.67
down Tata Consultancy Services Technology 37.21 5.65 2.01 2.62
equal Bharti Airtel Communication -- 3.62 0.48 2.45
equal Shree Cement Construction 44.99 2.55 0.00 2.22
equal Mahindra & Mahindra Automobile 55.46 4.39 1.03 2.21
equal Max Financial Services Financial 83.14 2.18 0.00 2.11
equal Sun Pharmaceutical Industries Healthcare 55.62 2.22 0.00 2.10
down Gujarat Gas Chemicals 34.93 2.36 0.00 2.05
equal Maruti Suzuki India Automobile 49.34 4.77 0.74 2.01
equal AU Small Finance Bank Financial 28.31 2.61 0.22 1.73
equal Jindal Steel & Power Metals 8.17 2.01 0.00 1.72
equal SRF Diversified 35.39 1.68 0.00 1.58
equal Persistent Systems Technology 42.99 1.55 0.00 1.55
up NTPC Energy 15.22 1.45 0.00 1.45
equal ITC FMCG 19.37 3.88 0.60 1.38
equal Voltas Cons Durable 66.87 1.59 0.00 1.32
down Cadila Healthcare Healthcare 31.01 2.09 0.00 1.25

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-May-2021

Fund Manager

— Shibani Kurian since 09-May-2019

Education: Ms. Kurian has done PGDM (Specialization in Finance), BSc (Hons)-Economics

Experience: Prior to joining Kotak AMC, she was working with Dawnay Day AV India Advisors Pvt Ltd and UTI AMC.

Funds Managed:


0.64%

Change from previous, NAV as on 15-Jun-2021

Growth: ₹ 84.5550

IDCW: ₹ 30.0890


Investment Strategy

The scheme aims to generate capital appreciation from a diversified portfolio of equity and equity related instruments. It will invest in stocks of companies, which are fundamentally sound but are undervalued.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 6
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) 1,000
Lock-in Period Not Applicable
Exit Load For units in excess of 10% of the investment,1% will be charged for redemption within 365 days

Basic Details

Fund House: Kotak Mahindra Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 16.28%
Benchmark: NIFTY 100 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 1,014 Cr (As on 31-May-2021)
Expense: 1.04% (As on 30-Apr-2021)
Risk Grade: Low
Return Grade: High
Turnover: 28.63%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW20-Jul-20201.2350

 25-Jul-20192.0692
 23-Mar-20184.7780
 28-Jul-20170.7000
 15-Jul-20160.5000
 20-Nov-20150.5000
 25-Jul-20141.0000
 23-Jan-20144.3000

Contact Information

AMC: Kotak Mahindra Asset Management Company Ltd

Address: 27 BKC, C-27, G Block, Bandra Kurla Complex, Bandra (E) Mumbai - 400051

Phone: 022-61152100 / 1800-22-2626

Fax: 022-66384455

Email: [email protected]

Website: http://www.kotakmutual.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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