This is a fund that invests mainly in shares of foreign companies. When you invest for five years or more, you can expect gains that 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.
International equity funds are suitable to invest a part of your money in for diversification, so that if the Indian markets are going through a sharp correction, a portion of your money is insulated. But make sure you invest in a fund that has a broad mandate of investing in companies of different sizes, sectors and countries.
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 international equity fund, if you need to redeem your investment in less than five years.
Taxability of earnings:
|S&P BSE 500 TRI*||--||-0.10||1.09||8.02||--||--||--||--||--||--||--|
As on 23-Sep-2021
* As on 24-Sep-2021
|Fund name||Rating||Launch Date||1-Year Return||3-Year Return||5-Year Return||Expense Ratio||Assets (Cr)|
|Kotak Global Innovation FoF - Regular Plan | Invest Online||Jul-21||--||--||--||1.69||1,681|
|Motilal Oswal NASDAQ 100 Exchange Traded Fund||Mar-11||41.66||27.59||27.72||0.56||5,125|
|Franklin India Feeder Franklin US Opportunities Fund | Invest Online Now||Feb-12||36.58||23.20||23.83||1.56||3,919|
|Motilal Oswal Nasdaq 100 FOF - Regular Plan | Invest Online||Nov-18||38.17||--||--||0.50||3,631|
|Motilal Oswal S&P 500 Index Fund - Regular Plan | Invest Online||Apr-20||35.93||--||--||1.06||2,058|
|Best Performance||Worst Performance|
|Return (%)||Period||Return (%)||Period|
|Week||3.00||18-Aug-2021 - 25-Aug-2021||-2.24||13-Sep-2021 - 20-Sep-2021|
|Month||1.71||06-Aug-2021 - 07-Sep-2021||-0.98||20-Aug-2021 - 20-Sep-2021|
|S&P BSE 500 TRI*||16.64||22.81||0.55||0.63||--||--|
The Risk Measures have been calculated using calendar month returns for the last three years.
* As on 31-Aug-2021
|The underlying data is unavailable.|
|Company||Sector||P/E||3Y High||3Y Low||% Assets|
|Wellington Global Innovation Fund USD Class S||Financial||--||98.49|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Aug-2021
Education: Mr. Khanna has done CFA, FRM, MMS(Finance) & B.E (Electronics)
Experience: Prior to joining Kotak Mahindra Mutual Fund, he was with Principal Mutual Fund and has also worked with Citibank.
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The scheme seeks to provide long-term capital appreciation by investing in units of Wellington Global Innovation Fund or any other similar overseas mutual fund schemes/ETFs.
|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||1% for redemption within 365 days|
|Fund House:||Kotak Mahindra Mutual Fund|
|Return Since Launch:||-0.30%|
|Benchmark:||MSCI All Country World TRI|
|Assets:||₹ 1,681 Cr (As on 31-Aug-2021)|
|Expense:||1.69% (As on 31-Aug-2021)|
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
Email: [email protected]
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
Email: [email protected]