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Kotak India Growth Fund Series 7 - Direct Plan


1 Lakh

Investment Grown to
₹ 1.08 Lakh

Analyst's Choice?

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 is a multi cap fund where the fund management team has complete freedom to invest in companies of different sizes, depending upon where it expects maximum gains. This versatility makes multi cap funds most suitable for equity fund investors as the job of stock selection is completely left to the fund manager, which is the very idea of investing in a mutual fund.

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 multi cap 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 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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(₹)
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Trailing Returns (%)

YTD 1 Month 3 Months 1 Years 3 Years 5 Years 10 Years
Fund 11.50 2.28 7.69 11.91 -- -- --
S&P BSE Sensex 50 TRI 12.44 1.96 9.31 13.27 -- -- --
Equity: Multi Cap 6.35 1.35 7.90 7.39 -- -- --
Rank within category 10 14 27 11 -- -- --
Number of funds in category 43 44 44 42 9 4 0

As on 13-Dec-2019

Best & Worst Performance

Best (Period) Worst (Period)
Month 5.64 (13-May-2019 - 12-Jun-2019) -5.87 (26-Sep-2018 - 26-Oct-2018)
Quarter 7.02 (01-Mar-2019 - 03-Jun-2019) -5.55 (20-Jun-2019 - 19-Sep-2019)
Year 12.80 (30-Oct-2018 - 30-Oct-2019) 0.14 (19-Sep-2018 - 19-Sep-2019)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
S&P BSE Sensex 50 TRI* 15.35 12.22 0.78 1.23 -- --
Equity: Multi Cap* 10.91 13.42 0.39 0.58 0.92 -1.61
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

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

As on

* As on 30-Nov-2019

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 31
Top 10 Stocks (%) 56.08
Top 5 Stocks (%) 38.62
Top 3 Sectors (%) 69.54
Portfolio P/B Ratio 3.66
Portfolio P/E Ratio 29.55

Portfolio Aggregates

Fund Benchmark Category*
Average Mkt Cap (Rs Cr) 1,98,012 76,178
Giant (%) 77.96 45.25
Large (%) 6.23 17.38
Mid (%) 13.42 23.19
Small (%) 2.39 14.84
Tiny (%) -- 0.26

Value Research Fund Style

Sector Allocation vis-à-vis Benchmark

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal Reliance Industries Energy 23.90 9.76 6.79 9.76
down ICICI Bank Financial 67.66 9.61 7.03 9.59
equal HDFC Bank Financial 29.57 9.97 8.76 9.37
equal Infosys Technology 19.54 7.21 5.38 5.38
equal Axis Bank Financial 47.71 5.11 4.02 4.52
equal Larsen & Toubro Construction 19.37 4.72 1.45 4.11
down Kotak Mahindra Bank Financial 39.32 4.34 0.00 3.81
down HDFC Financial 33.50 4.45 0.00 3.41
down ITC FMCG 21.38 5.80 3.07 3.07
down Tata Consultancy Services Technology 23.99 5.20 3.06 3.06
up State Bank of India Financial 29.35 3.65 0.78 2.59
equal Maruti Suzuki India Automobile 35.88 2.74 0.89 2.57
equal Shree Cement Construction 56.79 2.67 1.87 2.50
down Hindustan Unilever FMCG 65.92 4.07 0.00 2.44
equal BPCL Energy 16.82 2.57 0.00 2.44
equal AU Small Finance Bank Financial 40.53 2.38 1.00 2.38
up Kalpataru Power Trans Construction 14.59 2.27 0.00 2.27
equal SRF Diversified 22.43 2.01 0.00 2.01
up Ultratech Cement Construction 36.68 2.00 0.00 2.00
up Supreme Industries Chemicals 33.21 2.01 1.14 1.99
up Gujarat State Petronet Energy 12.48 1.86 0.00 1.86
equal Bajaj Finance Financial 49.61 2.51 1.57 1.83
new Aavas Financiers Financial 65.06 1.67 0.00 1.67
up Bharti Airtel Communication 1.67 0.00 1.67
equal HDFC Life Insurance Financial 88.44 1.76 0.00 1.57

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 30-Nov-2019

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:


0.72%

Change from previous, NAV as on 13-Dec-2019

Growth: ₹ 11.0030

Dividend: ₹ 11.0030


Investment Strategy

The scheme seeks to generate capital appreciation from a diversified portfolio of equity & equity related instruments across market capitalisation and sectors.

Tenure (Days) 1095
Maturity date 31-Aug-2021

Basic Details

Fund House: Kotak Mahindra Mutual Fund
Launch Date: 31-Aug-2018
Benchmark: NIFTY 50 Total Return
Riskometer: Moderately High
Type: Closed-end

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

Upcoming Video

Investors' Hangout

Why you should ditch dividend plans

dateFriday, 20-Dec-2019
time12:30 PM - 01:00 PM