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Unrated

Kotak IT ETF - Regular Plan


Suitability:

This is a fund that invests mainly in shares of companies in the information technology sector.

We believe that investors should avoid funds that have a narrowly defined investment mandate such as this one. Instead, they should invest in multi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.

But if you do invest, you must do so only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other technology sector fund, if you need to redeem your investment in less than seven 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 -- 0.37 2.02 4.92 19.61 -- -- -- -- -- --
S&P BSE IT TRI -- 0.04 0.93 2.56 18.23 -- -- -- -- -- --
Equity: Sectoral-Technology -- 0.38 1.90 5.69 21.64 -- -- -- -- -- --
Rank within category -- 6 5 8 8 -- -- -- -- -- --
Number of funds in category 7 9 9 9 9 7 5 4 4 3 3

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 IT ETF - Regular Plan  | Invest Online
Unrated
Mar-21 -- -- -- 0.22 64
ICICI Prudential Technology Fund  | Invest Now
Unrated
Mar-00 104.64 34.43 28.40 2.26 3,494
ICICI Prudential IT ETF  | Invest Now
Unrated
Aug-20 -- -- -- 0.20 2,242
Tata Digital India Fund - Regular Plan  | Invest Online
Unrated
Dec-15 88.72 30.04 26.84 2.27 1,797
Aditya Birla Sun Life Digital India Fund  | Invest Online
Unrated
Jan-00 89.59 32.58 27.61 2.30 1,662

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 5.32 01-Apr-2021 - 09-Apr-2021 -4.19 08-Apr-2021 - 15-Apr-2021
Month 11.29 14-May-2021 - 15-Jun-2021 -4.47 09-Apr-2021 - 11-May-2021
Quarter 19.61 30-Apr-2021 - 30-Jul-2021 5.28 09-Apr-2021 - 09-Jul-2021
Year -- - -- -

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
S&P BSE IT TRI* 30.29 22.47 1.16 2.10 -- --
Equity: Sectoral-Technology* 28.26 20.77 1.16 1.67 0.86 1.54
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 (%)

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Concentration & Valuation

Number of Stocks 10
Top 10 Stocks (%) 100.00
Top 5 Stocks (%) 79.94
Top 3 Sectors (%) 100.00
Portfolio P/B Ratio 8.44
Portfolio P/E Ratio 32.92

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 3,29,644 2,68,096
Giant (%) 70.85 63.75
Large (%) 14.39 13.53
Mid (%) 14.76 16.95
Small (%) -- 11.47
Tiny (%) -- 0.40

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
up Infosys Technology 33.61 26.64 25.00 26.64
up Tata Consultancy Services Technology 34.03 26.25 24.66 26.25
down Tech Mahindra Technology 24.37 9.82 9.09 9.09
down Wipro Technology 27.59 12.35 9.02 9.02
up HCL Technologies Technology 24.37 9.85 8.94 8.94
up L&T Infotech Technology 40.69 5.66 5.25 5.30
up Mphasis Technology 37.96 5.03 4.49 5.03
up MindTree Technology 38.02 4.78 4.01 4.78
up Coforge Technology 61.74 2.52 1.89 2.52
up Oracle Fin Ser Software Technology 20.58 2.51 2.28 2.43

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 26-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 26-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:


0.37%

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

Growth: ₹ 30.6990


Investment Strategy

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

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) --
Minimum SIP Investment (₹) --
Minimum No of Cheques --
Minimum Withdrawal (₹) --
Minimum Balance (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: Kotak Mahindra Mutual Fund
Launch Date: 01-Mar-2021
Return Since Launch: 21.70%
Benchmark: NIFTY IT TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 64 Cr (As on 30-Jun-2021)
Expense: 0.22% (As on 30-Jun-2021)
Risk Grade: --
Return Grade: --
Turnover: 54.95%

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

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