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4 star

Kotak India EQ Contra Fund - Regular Plan


Equity: Value Oriented

1 Lakh

Investment Grown to
₹ 1.14 Lakh

₹ 10000

Monthly SIP Declined to
₹ 3.58 Lakh

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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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund -10.82 -0.08 0.98 6.54 17.51 -12.05 -5.15 4.43 6.55 11.69 8.66
S&P BSE 100 TRI -10.57 -0.41 1.52 6.39 18.11 -11.28 -5.26 3.67 6.46 10.82 8.50
Equity: Value Oriented -11.20 -0.54 1.03 5.38 17.16 -12.36 -9.08 -2.26 4.00 12.09 8.81
Rank within category 9 1 10 4 9 9 6 2 3 8 8
Number of funds in category 17 17 17 17 17 17 17 14 13 13 13

As on 10-Jul-2020

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 - Regular Plan  | Invest Online
4 star
Jul-05 -5.15 4.43 6.55 2.44 775
Invesco India Contra Fund  | Invest Online
5 star
Apr-07 -0.47 4.78 8.30 1.86 4,662
Tata Equity PE Fund - Regular Plan  | Invest Online
4 star
Jun-04 -5.71 -0.49 7.12 1.99 4,262
UTI Value Opportunities Fund - Regular Plan  | Invest Online
4 star
Jul-05 -2.40 2.51 3.98 1.99 4,017
ICICI Prudential Value Discovery Fund  | Invest Now
3 star
Aug-04 -2.50 0.83 4.00 1.79 14,736

Best & Worst Performance

Best (Period) Worst (Period)
Week 17.44 (13-May-2009 - 20-May-2009) -19.37 (15-Jan-2008 - 22-Jan-2008)
Month 29.66 (11-May-2009 - 10-Jun-2009) -37.41 (20-Feb-2020 - 23-Mar-2020)
Quarter 66.72 (09-Mar-2009 - 10-Jun-2009) -35.86 (23-Dec-2019 - 23-Mar-2020)
Year 102.90 (09-Mar-2009 - 11-Mar-2010) -54.12 (14-Jan-2008 - 13-Jan-2009)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 6.49 21.23 0.06 0.06 1.00 1.14
S&P BSE 100 TRI 5.34 20.93 0.00 0.00 -- --
Equity: Value Oriented 0.12 22.33 -0.23 -0.25 1.02 -5.23
Rank within category 2 6 2 2 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 30-Jun-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 56
Top 10 Stocks (%) 44.98
Top 5 Stocks (%) 29.78
Top 3 Sectors (%) 52.40
Portfolio P/B Ratio 2.97
Portfolio P/E Ratio 23.74

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,15,490 78,586
Giant (%) 56.99 49.29
Large (%) 18.92 19.98
Mid (%) 22.39 21.63
Small (%) 1.70 10.36
Tiny (%) -- 0.13

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
down Reliance Industries Energy 32.28 8.90 3.29 8.90
up HDFC Bank Financial 22.27 9.07 0.06 6.28
equal ICICI Bank Financial 24.39 8.43 0.00 5.58
down Infosys Technology 20.07 5.88 1.63 5.50
equal Larsen & Toubro Construction 13.71 5.16 0.00 3.52
equal Bharti Airtel Communication -- 3.62 0.00 3.36
equal Hindustan Unilever FMCG 77.37 5.36 0.92 3.24
equal Ultratech Cement Construction 18.86 3.48 0.00 3.17
equal Tata Consultancy Services Technology 26.71 5.65 1.73 2.90
equal Kotak Mahindra Bank Financial 31.08 3.97 0.00 2.53
equal Shree Cement Construction 52.34 2.53 0.00 2.53
equal Axis Bank Financial 66.93 3.91 0.00 2.19
equal Maruti Suzuki India Automobile 31.71 5.44 0.74 2.18
equal Cadila Healthcare Healthcare 31.00 2.09 0.00 1.96
equal Gujarat Gas Chemicals 17.61 1.93 0.00 1.93
up Mahindra & Mahindra Automobile 542.84 4.39 0.00 1.83
equal Max Financial Services Financial 104.35 1.82 0.00 1.82
equal Supreme Industries Chemicals 30.04 1.91 0.00 1.80
down Torrent Pharmaceuticals Healthcare 38.85 2.50 0.00 1.80
equal HDFC Life Insurance Financial -- 1.78 0.00 1.71
equal Gujarat State Petronet Energy 6.82 1.69 0.00 1.69
up Britannia Inds. FMCG 63.92 1.99 0.00 1.55
equal AU Small Finance Bank Financial 28.29 2.61 0.22 1.37
up Hero Motocorp Automobile 14.71 2.92 0.00 1.32
equal Titan Company Cons Durable 56.87 4.10 0.00 1.30

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 30-Jun-2020

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:


-0.08%

Change from previous, NAV as on 10-Jul-2020

Growth: ₹ 49.0910

Dividend: ₹ 17.9640


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 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: 27-Jul-2005
Return Since Launch: 11.22%
Benchmark: NIFTY 100 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 775 Cr (As on 30-Jun-2020)
Expense: 2.44% (As on 31-May-2020)
Risk Grade: Low
Return Grade: Above Average
Turnover: 49.12%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend25-Jul-20191.8797

 23-Mar-20184.7780
 28-Jul-20170.7000
 15-Jul-20160.5000
 20-Nov-20150.5000
 25-Jul-20141.0000
 23-Jan-20144.3000
 31-Jul-20121.0000
 30-Jul-20101.5000
 27-Jul-20072.0000

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

Upcoming Video

Value Investing

Evaluating Covid-affected financials of India Inc

dateFriday, 17-Jul-2020
time12:30 PM - 01:00 PM