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Kotak India EQ Contra Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.55 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.36 Lakh

Analyst's Choice?

Suitability:

When you invest for five years or above, you can expect gains that comfortably beat the inflation rate and are also higher than 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 their true worth is.

Like 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 paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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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 3.12 -0.70 0.61 2.77 7.01 12.24 17.09 15.62 10.52 14.61 --
S&P BSE 100 TRI 1.21 0.59 -0.58 0.96 5.99 9.48 12.85 13.74 8.22 12.29 --
Equity: Value Oriented 2.71 -0.62 0.21 2.63 6.69 8.06 9.43 8.48 7.62 13.97 --
Rank within category 7 10 5 10 7 3 2 1 2 6 --
Number of funds in category 17 17 17 17 17 17 17 14 13 13 1

As on 27-Jan-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 8.10 (19-Sep-2019 - 26-Sep-2019) -8.92 (19-Aug-2015 - 26-Aug-2015)
Month 15.47 (07-May-2014 - 06-Jun-2014) -11.55 (07-Sep-2018 - 09-Oct-2018)
Quarter 21.62 (13-Mar-2014 - 12-Jun-2014) -11.84 (21-Oct-2015 - 21-Jan-2016)
Year 52.13 (03-Mar-2014 - 03-Mar-2015) -18.04 (27-Feb-2015 - 29-Feb-2016)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 16.36 11.73 0.91 1.36 0.43 12.18
S&P BSE 100 TRI 14.72 12.42 0.72 1.12 -- --
Equity: Value Oriented 10.65 13.89 0.36 0.56 0.53 6.83
Rank within category 1 3 1 1 3 1
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-Dec-2019

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 54
Top 10 Stocks (%) 48.74
Top 5 Stocks (%) 34.02
Top 3 Sectors (%) 63.83
Portfolio P/B Ratio 3.37
Portfolio P/E Ratio 26.66

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,47,847 81,259
Giant (%) 65.21 46.77
Large (%) 13.05 15.67
Mid (%) 20.37 24.66
Small (%) 1.37 14.49
Tiny (%) -- 0.40

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 HDFC Bank Financial 25.29 9.07 0.06 8.69
equal ICICI Bank Financial 36.58 8.43 0.00 8.43
equal Reliance Industries Energy 22.02 8.21 1.74 8.01
equal Infosys Technology 20.26 6.52 1.63 4.80
equal Larsen & Toubro Construction 19.37 5.16 0.00 4.09
equal Axis Bank Financial 43.59 3.91 0.00 3.57
up Tata Consultancy Services Technology 25.10 5.65 1.73 3.31
equal Kotak Mahindra Bank Financial 35.46 3.97 0.00 2.75
up Ultratech Cement Construction 38.21 2.73 0.00 2.73
equal Bajaj Finance Financial 51.13 4.57 0.42 2.36
down HDFC Financial 18.99 4.37 0.28 2.16
down State Bank of India Financial 27.89 3.50 0.25 2.13
equal Bharti Airtel Communication -- 3.05 0.00 2.06
equal Shree Cement Construction 65.75 2.02 0.00 1.96
equal HPCL Energy 7.22 2.72 0.00 1.85
equal AU Small Finance Bank Financial 46.31 1.82 0.00 1.77
equal Titan Company Cons Durable 75.08 4.10 0.00 1.76
equal ITC FMCG 20.77 4.61 0.50 1.74
equal Maruti Suzuki India Automobile 35.50 5.44 0.21 1.73
equal HDFC Life Insurance Financial 89.63 1.59 0.00 1.53
equal Colgate-Palmolive FMCG 50.30 1.61 0.00 1.51
equal Gujarat State Petronet Energy 14.75 1.47 0.00 1.47
equal Bharat Electronics Engineering 14.40 1.68 0.00 1.41
equal Mahindra & Mahindra Automobile 13.19 4.39 0.00 1.38
equal Container Corp. Services 65.21 1.42 0.00 1.37

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-Dec-2019

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:


-0.70%

Change from previous, NAV as on 27-Jan-2020

Growth: ₹ 62.1250

Dividend: ₹ 23.4680


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
Exit Load 1% for redemption within 365 days

Basic Details

Fund House: Kotak Mahindra Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 14.66%
Benchmark: NIFTY 100 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 882 Cr (As on 31-Dec-2019)
Expense: 1.15% (As on 31-Dec-2019)
Risk Grade: Low
Return Grade: Above Average
Turnover: 56.28%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend25-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: 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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