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Kotak Asset Allocator Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.29 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.18 Lakh

Analyst's Choice?

Suitability:

When you invest for three years or above, you can expect gains that beat the inflation rate and are also slightly higher than fixed income options. But be prepared for some ups and downs in your investment value along the way.

Conservative hybrid funds invest roughly a quarter of your money in equity shares and the rest in bonds and commodities. Given their underlying investments, these funds offer a viable alternative to regular income seekers. To derive dependable, inflation-protected income, invest your accumulated savings in these funds gradually over at least a few months, and then maintain a withdrawal rate in the range of 4-6% of the value of your investment every year.

Warning: Do not invest in this, or any other aggressive hybrid fund, if you need to redeem your investment in less than three years.

Taxability of earnings:

The tax treatment of this fund may vary depending upon its asset allocation. It will be taxed in the following manner based on its average asset allocation in the last 12 months.

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • 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 25% (effectively 29.12%, 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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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 2.57 -0.42 -0.11 -0.04 3.81 8.19 13.13 9.00 9.38 13.59 --
VR MIP TRI 0.93 0.29 -0.01 0.62 1.79 5.47 10.56 8.63 7.38 8.89 --
Hybrid: Conservative Hybrid 1.34 -0.35 -0.16 0.41 1.99 5.97 8.88 7.04 7.61 9.46 --
Rank within category 4 31 16 29 3 6 6 5 3 -- --
Number of funds in category 38 38 38 38 37 37 35 35 31 26 0

As on 24-Feb-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 7.77 (03-Sep-2013 - 10-Sep-2013) -6.48 (14-Aug-2013 - 21-Aug-2013)
Month 18.60 (07-May-2014 - 06-Jun-2014) -9.53 (22-Jul-2013 - 21-Aug-2013)
Quarter 24.57 (13-Mar-2014 - 12-Jun-2014) -12.88 (22-May-2013 - 21-Aug-2013)
Year 65.50 (03-Sep-2013 - 03-Sep-2014) -2.70 (25-Feb-2015 - 25-Feb-2016)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 9.32 2.40 1.52 3.39 0.32 2.86
VR MIP TRI 8.13 4.10 0.60 0.95 -- --
Hybrid: Conservative Hybrid 6.70 4.22 0.31 0.54 0.75 -0.82
Rank within category 2 2 1 1 2 1
Number of funds in category 36 36 36 36 36 36

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

As on 31-Jan-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 0
Number of Bonds 0
Average Maturity (yrs) * --
Top 10 Holdings (%) 93.30
Portfolio P/B Ratio 3.23
Portfolio P/E Ratio 24.68

Value Research Equity Fund Style

Value Research Debt Fund Style

Credit Rating vis-à-vis Category

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Top Debt Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal Kotak Savings Direct-G Mutual Fund -- 38.54 - 67.41 38.54
equal Kotak Bond Plan A Direct Mutual Fund -- 14.90 - 18.61 14.90
up Kotak Liquid - Plan A - Direct Plan-Gr Mutual Fund -- 1.42 - 6.45 6.45

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

Sector Allocation vis-à-vis Category

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Top Equity Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal Kotak Emerging Equity Direct-G Financial -- 12.77
equal Kotak Standard Multicap Direct-G Financial -- 8.84
equal Kotak Small Cap Direct-G Financial -- 8.23
equal Kotak Infra and Eco Reform Direct-G Financial -- 3.57

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-Jan-2020

Fund Manager

— Arjun Khanna since 09-May-2019

Education: Mr. Khanna has done CFA, FRM, MMS(Finance) & B.E (Electronics)

Experience: Prior to joining Kotak Mahindra Mutual Fund, he was with Principal Mutual Fund and has also worked with Citibank.

Funds Managed:

— Devender Singhal since 09-May-2019

Education: Mr. Singhal has done B.A. (Maths) from Delhi University and PGDM, Finance from Fore School of Management, Delhi.

Experience: Prior to joining Kotak Mahindra AMC , he has worked with Kotak Securities Ltd.(July 2007 -- January 2009) ,Religare (February 2006 -- June 2007), Karvy (July 2004 -- January 2006), P N Vijay Financial Services Pvt Ltd(2001 -- 2004) and Dundee Mutual Fund( Summer Trainee ) (May 2000 -- June 2000 ).

Funds Managed:


-0.42%

Change from previous, NAV as on 24-Feb-2020

Growth: ₹ 92.1020

Dividend: ₹ 90.4450


Investment Strategy

The scheme seeks to generate long term capital appreciation from a portfolio created by investing in specified open ended equity and debt schemes of Kotak Mahindra Mutual Fund.

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: 12.71%
Benchmark: NIFTY 50 Hybrid Composite debt 50:50 Index
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 49 Cr (As on 31-Jan-2020)
Expense: 0.36% (As on 31-Jan-2020)
Risk Grade: Low
Return Grade: High
Turnover: --

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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