Kotak India EQ Contra Fund - Regular Plan

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Value Research Rating

3 star

Analyst’s Choice

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Riskometer

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Very High

₹128.3440 1.10%

As on 01-Mar-2024

Returns

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Calculate SIP Returns of Kotak India EQ Contra Fund - Regular Plan

Upfront Investment

Monthly SIP Amount

Investment Duration

years

Risk info

This fund has Very High risk.

low
Low to Moderate
Moderate
Moderately High
High
Very High

As per SEBI's Riskometer.

Portfolio of Kotak India EQ Contra Fund - Regular Plan

Asset Allocation

Split between different types of investments

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Market Cap Weightage

Split between categories of Equity investments

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Peer Comparison

Other details of Kotak India EQ Contra Fund - Regular Plan

Assets info

₹2,451 Cr

Exit Load (Days) info

1.00 (90)

Min. Investment (₹)

100

Min. Withdrawal (₹)

1,000

Min. SIP Investment (₹)

100

Min. No of Cheques

1

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.

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.

Taxation

Capital Gains Taxation

  • 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.

Dividend Taxation

  • 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.

FAQ for Kotak India EQ Contra Fund - Regular Plan

Kotak India EQ Contra Fund - Regular Plan 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.

Mutual funds can be bought directly from the website of the fund house. For instance, Kotak India EQ Contra Fund - Regular Plan fund can be purchased from the website of Kotak Mahindra Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.

The NAV of Kotak India EQ Contra Fund - Regular Plan is ₹128.3440 as of 03-Mar-2024.

The AUM of Kotak India EQ Contra Fund - Regular Plan Fund is ₹2,451 Cr as of 31-Jan-2024

The riskometer level of Kotak India EQ Contra Fund - Regular Plan is Very High. See More

As of 31-Jan-2024, Kotak India EQ Contra Fund - Regular Plan had invested 98.09% in Equity and 1.91% in Cash & Cash Eq. See More

Kotak India EQ Contra Fund - Regular Plan is 18 years 7 months old. It has delivered 14.70% returns since inception. See More

1Y
3Y
5Y
7Y
10Y
Since Inception
47.68%
22.25%
20.83%
18.31%
17.61%
14.70%

No, There is no lock in period in Kotak India EQ Contra Fund - Regular Plan.

The expense ratio of Kotak India EQ Contra Fund - Regular Plan is 1.96.

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