VR Logo

Unrated

Kotak Nifty Next 50 Index Fund - Regular Plan


Equity: Large Cap

Suitability:

When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns of fixed income options. But be prepared for ups and downs in your investment value along the way.

This is a fund that invests in big companies. Compared to those that invest in smaller companies, such funds tend to fall less when stock prices fall. Therefore, they are more suited to conservative equity investors.

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 large-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 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.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund -- 0.43 0.17 2.30 13.14 -- -- -- -- -- --
S&P BSE 100 TRI -- 0.02 -0.38 0.80 9.18 -- -- -- -- -- --
Equity: Large Cap -- 0.09 -0.18 1.26 10.00 -- -- -- -- -- --
Rank within category -- 26 33 21 16 -- -- -- -- -- --
Number of funds in category 119 128 128 126 123 119 114 94 80 63 55

As on 30-Jul-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Kotak Nifty Next 50 Index Fund - Regular Plan  | Invest Online
Unrated
Mar-21 -- -- -- 0.83 73
Axis Bluechip Fund
5 star
Jan-10 40.26 13.92 15.90 1.76 28,233
Mirae Asset Large Cap Fund - Regular Plan  | Invest Online
5 star
Apr-08 45.36 13.81 14.98 1.59 26,747
UTI Mastershare Fund - Regular Plan  | Invest Online
4 star
Oct-86 48.50 13.27 13.38 2.05 8,427
UTI Nifty Index Fund - Regular Plan  | Invest Online
4 star
Mar-00 43.79 12.52 13.75 0.30 4,211

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 4.04 28-May-2021 - 04-Jun-2021 -3.00 08-Apr-2021 - 15-Apr-2021
Month 10.62 04-May-2021 - 03-Jun-2021 -2.02 23-Mar-2021 - 22-Apr-2021
Quarter 15.24 12-Apr-2021 - 12-Jul-2021 9.79 08-Apr-2021 - 08-Jul-2021
Year -- - -- -

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
S&P BSE 100 TRI* 16.41 22.06 0.55 0.64 -- --
Equity: Large Cap* 15.37 21.43 0.53 0.62 0.95 -0.45
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-Jun-2021

Asset Allocation (%)

ajax-loader
Please wait...

Concentration & Valuation

Number of Stocks 50
Top 10 Stocks (%) 31.40
Top 5 Stocks (%) 16.61
Top 3 Sectors (%) 45.44
Portfolio P/B Ratio 4.44
Portfolio P/E Ratio 38.04

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 67,878 2,66,400
Giant (%) 10.34 67.47
Large (%) 73.32 25.42
Mid (%) 16.35 9.10
Small (%) -- 2.17
Tiny (%) -- --

Value Research Fund Style

Sector Allocation vis-à-vis Category

ajax-loader
Please wait...

Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
up Adani Enterprises Services 169.37 3.69 2.74 3.69
up Info Edge (India) Services 47.74 3.69 3.02 3.38
up Apollo Hospitals Healthcare 385.80 3.24 2.83 3.24
up Avenue Supermarts Services 196.37 3.37 3.17 3.17
up Adani Green Energy Engineering 661.50 3.52 3.13 3.13
up ICICI Lombard General Insurance Company Insurance 54.70 3.04 2.89 3.04
up Vedanta Metals 7.59 4.18 2.95 2.95
up Dabur India FMCG 62.69 2.96 2.75 2.95
up Godrej Consumer Products FMCG 58.70 2.93 2.54 2.93
up Pidilite Industries Chemicals 102.33 2.92 2.67 2.92
up Lupin Healthcare 41.31 2.64 2.38 2.46
up Piramal Enterprises Healthcare 39.50 2.45 1.95 2.45
up Marico FMCG 61.57 2.44 2.06 2.44
up Aurobindo Pharma Healthcare 10.07 2.68 2.40 2.41
up GAIL Energy 10.10 2.60 2.36 2.36
up Ambuja Cements Construction 25.68 2.23 2.16 2.23
up Havells India Engineering 60.46 2.55 2.18 2.18
up ICICI Prudential Life Insurance Co. Ltd. Insurance 188.05 2.11 1.67 2.11
up Jubilant FoodWorks Services 132.84 2.16 2.10 2.10
up Colgate-Palmolive FMCG 43.30 2.06 1.92 2.00
up Bandhan Bank Financial 23.13 2.22 1.87 1.99
up Adani Transmission Energy 81.20 2.88 1.85 1.85
up United Spirits FMCG 68.37 1.75 1.50 1.75
up Indraprastha Gas Energy 33.32 1.74 1.67 1.74
up Berger Paints India Chemicals 113.78 1.80 1.66 1.74

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-2021

Fund Manager

— Devender Singhal since 17-Feb-2021

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:

— Satish Dondapati since 17-Feb-2021

Education: Mr. Dondapati has done MBA Finance

Experience: Prior to joining Kotak Mutual fund he has worked with Centurian Bank Of Punjab, Bajaj Capital Ltd.

Funds Managed:


0.43%

Change from previous, NAV as on 30-Jul-2021

Growth: ₹ 11.1501

IDCW: ₹ 11.1501


Investment Strategy

The scheme seeks to replicate the composition of the Nifty Next 50 and to generate returns that are commensurate with the performance of the NIFTY Next 50 Index, subject to tracking errors.

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 (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: Kotak Mahindra Mutual Fund
Launch Date: 03-Mar-2021
Return Since Launch: 11.50%
Benchmark: NIFTY Next 50 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 73 Cr (As on 30-Jun-2021)
Expense: 0.83% (As on 30-Jun-2021)
Risk Grade: --
Return Grade: --
Turnover: 39.75%

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

Tips for retirees to beat inflation and optimise returns

DateFriday, 06-Aug-2021
Time12:30 PM - 01:00 PM