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4 star

Kotak Infrastructure and Economic Reform Fund - Standard Plan - Direct Plan


1 Lakh

Investment Grown to
₹ 1.37 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.26 Lakh

Suitability:

This is a fund that invests mainly in shares of companies engaged in infrastructure-related activities or are expected to benefit from them.

We believe that investors should avoid funds that have a narrowly defined investment mandate such as this one. Instead, they should invest in multi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.

But if you do invest, you must do so only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other infrastructure 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 34.34 0.12 -0.15 11.12 7.87 35.65 74.55 11.04 13.47 13.82 --
S&P BSE India Infrastructure TRI 40.55 0.89 3.66 9.78 10.39 42.07 89.85 8.25 12.61 7.62 --
Equity: Sectoral-Infrastructure 31.75 -0.28 -0.23 9.16 10.25 34.40 78.40 11.14 13.91 12.03 --
Rank within category 5 2 8 4 14 4 12 11 12 5 --
Number of funds in category 20 20 20 20 20 20 20 20 20 19 0

As on 14-Jun-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Kotak Infrastructure and Economic Reform Fund - Standard Plan - Direct Plan  | Invest Online
4 star
Jan-13 74.55 11.04 13.47 1.31 362
Franklin Build India Fund - Direct Plan  | Invest Online Now
4 star
Jan-13 75.25 13.75 15.61 1.32 1,028
Tata Infrastructure Fund - Direct Plan  | Invest Online
4 star
Jan-13 77.49 12.50 13.36 1.76 631
SBI Infrastructure Fund - Direct Plan  | Invest Online
4 star
Jan-13 66.85 13.36 13.66 1.98 624
ICICI Prudential Infrastructure Fund - Direct Plan  | Invest Now
3 star
Jan-13 81.33 12.09 13.61 1.93 1,516

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 11.57 16-May-2014 - 23-May-2014 -18.88 16-Mar-2020 - 23-Mar-2020
Month 27.25 07-May-2014 - 06-Jun-2014 -37.85 20-Feb-2020 - 23-Mar-2020
Quarter 41.72 21-Feb-2014 - 23-May-2014 -34.67 03-Jan-2020 - 03-Apr-2020
Year 106.16 28-Jan-2014 - 28-Jan-2015 -34.23 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 12.53 27.51 0.30 0.34 0.85 4.03
S&P BSE India Infrastructure TRI 9.23 30.43 0.16 0.24 -- --
Equity: Sectoral-Infrastructure 12.91 27.82 0.32 0.38 0.86 4.40
Rank within category 14 9 13 14 10 13
Number of funds in category 20 20 20 20 20 20

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 34
Top 10 Stocks (%) 46.86
Top 5 Stocks (%) 25.68
Top 3 Sectors (%) 61.79
Portfolio P/B Ratio 3.30
Portfolio P/E Ratio 24.71

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 27,769 45,278
Giant (%) 20.41 30.61
Large (%) 6.61 14.43
Mid (%) 47.88 29.63
Small (%) 25.10 26.96
Tiny (%) -- 1.45

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 Solar Industries Chemicals 53.63 6.26 3.55 5.79
equal Reliance Industries Energy 30.87 6.11 0.00 5.67
down Larsen & Toubro Construction 18.39 6.62 4.86 4.86
equal Bharti Airtel Communication -- 5.14 0.00 4.73
equal Ultratech Cement Construction 35.37 6.31 3.39 4.63
down Thermax Engineering 86.83 5.31 3.07 4.58
equal Schaeffler India Engineering 46.60 4.78 2.80 4.38
down Container Corporation Of India Services 83.89 4.34 2.86 4.34
equal Shree Cement Construction 44.86 7.46 4.00 4.00
down HG Infra Engineering Construction 10.93 3.88 2.07 3.88
equal Gujarat Gas Chemicals 33.68 4.02 1.39 3.70
equal Indian Railway Catering & Tourism Corporation Services 140.79 3.75 0.00 3.68
equal PNC Infratech Services 14.94 4.11 1.05 3.57
up AIA Engineering Metals 32.74 4.46 2.22 3.46
down JMC Projects (I) Construction -- 3.78 1.71 3.00
up Indraprastha Gas Energy 34.75 4.73 1.26 2.83
down Supreme Industries Chemicals 29.39 4.24 2.82 2.82
equal The Ramco Cements Construction 30.19 3.68 1.69 2.80
equal Kajaria Ceramics Construction 52.20 3.40 1.57 2.67
up Ratnamani Metals & Tubes Metals 34.23 3.39 1.12 2.66
equal NTPC Energy 15.27 3.03 1.90 2.44
equal Rail Vikas Nigam Construction 8.19 2.95 0.00 2.23
equal Mahindra Lifespace Construction -- 2.17 0.00 1.87
down Hindustan Oil Exploration Company Energy 34.73 2.51 1.20 1.84
equal Kalpataru Power Trans Construction 9.76 1.82 0.87 1.75

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

— Harish Krishnan since 31-Jan-2015

Education: Mr. Krishnan is a Graduate from Government Engineering College Trichur and MBA from IIM Kozhikode

Experience: Prior to joining Kotak Mahindra Mutual Fund, he was based out of Singapore and Dubai, managing Kotak's offshore funds. He has also worked at Infosys Technologies Ltd in his earlier stint.

Funds Managed:


0.12%

Change from previous, NAV as on 14-Jun-2021

Growth: ₹ 30.5670

IDCW: ₹ 30.2190


Investment Strategy

The Scheme seeks to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity-related securities of companies involved in economic development of India as a result of potential investments in infrastructure and unfolding economic reforms.

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: 15.47%
Benchmark: India Infrastructure TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 362 Cr (As on 31-May-2021)
Expense: 1.31% (As on 30-Apr-2021)
Risk Grade: Average
Return Grade: Average
Turnover: 23.42%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW01-Mar-20180.2500

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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