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4 star

Kotak India EQ Contra Fund - Regular Plan


1 Lakh

Investment Grown to
₹ 1.31 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.62 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 2.70 -0.78 -0.42 4.30 18.99 27.44 13.92 9.44 15.59 14.52 11.84
S&P BSE 100 TRI 2.08 -0.91 -0.17 3.78 20.20 28.69 17.75 9.21 15.35 14.18 11.15
Equity: Value Oriented 2.95 -0.59 -0.24 4.57 20.50 30.67 15.92 2.94 12.14 15.49 11.90
Rank within category 10 14 10 12 12 12 10 1 2 9 7
Number of funds in category 18 18 18 18 17 17 17 14 14 13 13

As on 25-Jan-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 - Regular Plan  | Invest Online
4 star
Jul-05 13.92 9.44 15.59 2.33 876
L&T India Value Fund  | Invest Online
4 star
Jan-10 13.07 2.02 12.27 1.89 6,635
Invesco India Contra Fund  | Invest Online
5 star
Apr-07 19.52 7.54 16.00 1.88 6,010
UTI Value Opportunities Fund - Regular Plan  | Invest Online
4 star
Jul-05 18.74 8.85 13.58 2.14 5,202
Tata Equity PE Fund - Regular Plan  | Invest Online
4 star
Jun-04 12.74 3.30 14.80 1.96 4,620

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 11.34 22.14 0.30 0.31 0.99 -0.61
S&P BSE 100 TRI 12.06 22.17 0.33 0.39 -- --
Equity: Value Oriented 5.59 23.74 0.04 0.04 1.03 -6.68
Rank within category 1 5 1 1 5 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-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 54
Top 10 Stocks (%) 47.83
Top 5 Stocks (%) 32.62
Top 3 Sectors (%) 55.06
Portfolio P/B Ratio 3.24
Portfolio P/E Ratio 27.87

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,44,241 97,689
Giant (%) 57.34 45.33
Large (%) 12.28 19.30
Mid (%) 30.39 25.00
Small (%) -- 11.56
Tiny (%) -- 0.34

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 ICICI Bank Financial 26.03 8.43 0.00 7.79
down Reliance Industries Energy 30.59 9.70 4.84 7.50
down Infosys Technology 29.76 7.40 1.63 7.09
down HDFC Bank Financial 25.54 9.07 0.06 6.79
down Tata Consultancy Services Technology 38.91 5.65 2.01 3.45
equal Ultratech Cement Construction 23.09 3.48 0.00 3.38
equal Axis Bank Financial 54.55 3.91 0.00 3.19
equal State Bank of India Financial 10.53 3.50 0.25 3.10
down Larsen & Toubro Construction 16.83 5.16 0.00 2.84
equal Bharti Airtel Communication -- 3.62 0.48 2.70
up Maruti Suzuki India Automobile 59.28 5.44 0.74 2.51
equal Supreme Industries Chemicals 34.46 2.34 0.00 2.30
equal Mahindra & Mahindra Automobile -- 4.39 0.00 2.28
down Shree Cement Construction 48.65 2.53 0.00 2.23
equal Hindustan Unilever FMCG 80.00 5.36 1.15 1.96
equal Gujarat Gas Chemicals 26.12 1.93 0.00 1.82
equal Max Financial Services Financial 91.65 1.82 0.00 1.77
equal AU Small Finance Bank Financial 31.43 2.61 0.22 1.73
equal SRF Diversified 31.71 1.56 0.00 1.56
equal Page Industries Textiles 166.62 1.54 0.00 1.54
down Kajaria Ceramics Construction 58.34 1.37 0.00 1.37
down Voltas Cons Durable 75.46 1.59 0.00 1.26
equal Jindal Steel & Power Metals 13.41 1.76 0.00 1.20
equal ICICI Lombard General Insurance Company Financial 44.22 1.38 0.00 1.19
equal Cadila Healthcare Healthcare 28.02 2.09 0.00 1.17

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-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:


-0.78%

Change from previous, NAV as on 25-Jan-2021

Growth: ₹ 65.1120

Dividend: ₹ 22.4440


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: 12.84%
Benchmark: NIFTY 100 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 876 Cr (As on 31-Dec-2020)
Expense: 2.33% (As on 31-Dec-2020)
Risk Grade: Low
Return Grade: Above Average
Turnover: 36.67%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend20-Jul-20201.0860

 25-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

Investors' Hangout

Understanding the new risk-o-meter

dateFriday, 29-Jan-2021
time12:30 PM - 01:00 PM