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Kotak Infrastructure and Economic Reform Fund - Standard Plan

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Equity: Sectoral-Infrastructure

1 Lakh

Investment Grown to
₹ 1.23 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.74 Lakh

Analyst's Choice?

Suitability:

This is a fund that invests mainly in shares of companies engaged in infrastructure-related activities or are expected to benefit from them.

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 infrastructure 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 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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Annual Returns
Quarterly Returns
Monthly Returns
Weekly Returns

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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 7.41 0.93 1.70 9.51 9.14 8.96 15.29 7.24 6.45 13.86 9.28
S&P BSE India Infrastructure TRI 3.89 1.76 -1.32 5.61 0.16 -3.48 -0.83 -0.42 1.30 7.09 3.96
Equity: Sectoral-Infrastructure 5.40 0.81 0.80 6.77 6.99 7.39 11.54 6.43 4.97 10.38 6.55
Rank within category 3 7 2 2 4 8 5 11 5 3 2
Number of funds in category 21 21 21 21 21 21 21 21 20 19 16

As on 24-Jan-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 27.39 (13-May-2009 - 20-May-2009) -16.31 (03-Oct-2008 - 10-Oct-2008)
Month 38.63 (11-May-2009 - 10-Jun-2009) -32.85 (26-Sep-2008 - 27-Oct-2008)
Quarter 81.14 (09-Mar-2009 - 10-Jun-2009) -40.79 (02-Sep-2008 - 02-Dec-2008)
Year 126.07 (09-Mar-2009 - 11-Mar-2010) -58.55 (29-Feb-2008 - 02-Mar-2009)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 7.77 16.83 0.12 0.17 0.81 5.02
S&P BSE India Infrastructure TRI 2.05 19.27 -0.19 -0.29 -- --
Equity: Sectoral-Infrastructure 8.28 18.08 0.16 0.26 0.87 5.76
Rank within category 16 7 16 16 7 16
Number of funds in category 21 21 21 21 21 21

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

As on 31-Dec-2019

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 39
Top 10 Stocks (%) 42.81
Top 5 Stocks (%) 25.82
Top 3 Sectors (%) 70.73
Portfolio P/B Ratio 2.82
Portfolio P/E Ratio 20.68

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 17,162 36,889
Giant (%) 16.94 33.85
Large (%) 8.87 12.17
Mid (%) 44.21 26.49
Small (%) 29.98 28.31
Tiny (%) -- 1.26

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
equal Larsen & Toubro Construction 19.54 6.62 3.66 6.16
equal Shree Cement Construction 64.53 7.22 4.01 6.04
equal Ultratech Cement Construction 37.93 6.51 2.86 4.80
down Solar Industries Chemicals 36.24 4.55 2.64 4.52
equal Thermax Engineering 44.48 4.30 2.53 4.30
equal Gujarat Gas Chemicals 20.18 3.45 1.39 3.45
equal Supreme Industries Chemicals 35.40 3.56 1.14 3.42
down Container Corp. Services 64.17 5.04 2.30 3.39
equal Reliance Industries Energy 22.24 3.37 0.00 3.37
equal BEML Engineering 49.33 5.15 0.00 3.36
down Schaeffler India Engineering 37.06 3.99 2.80 3.35
equal GE Power India Construction 123.25 3.58 1.20 3.31
equal JMC Projects (I) Construction 10.96 3.78 0.00 3.26
down Indraprastha Gas Energy 33.96 5.55 3.17 3.17
equal AIA Engineering Metals 28.50 3.57 1.87 3.14
equal HG Infra Engineering Construction 11.91 3.08 0.00 3.08
equal PNC Infratech Services 10.17 2.69 0.00 2.69
equal NTPC Energy 9.68 4.28 1.90 2.47
equal AU Small Finance Bank Financial 48.59 2.38 0.00 2.38
equal The Ramco Cements Construction 32.65 2.36 1.46 2.24
down Rail Vikas Nigam Construction 7.79 2.24 0.00 2.11
equal Bharat Electronics Engineering 14.42 2.32 0.99 2.08
down SKF India Engineering 32.71 5.43 2.07 2.07
equal Ratnamani Metals & Tubes Metals 21.63 2.02 0.00 2.02
equal Hindustan Oil Exploration Energy 8.88 2.51 0.00 1.96

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 31-Dec-2019

Fund Manager

— Harish Krishnan since 31-Jan-2015

Education: Mr. Krishnan is a Graduate from Government Engineering College Trichur and MBA from IIM Kozhikode

Experience: Prior to joining Kotak AMC he has worked with Kotak Mahindra (UK) Ltd.

Funds Managed:

Invest Online
0.93%

Change from previous, NAV as on 24-Jan-2020

Growth: ₹ 21.3410

Dividend: ₹ 18.8560

Investment Strategy

The Scheme seeks to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity-related securities of companies involved in economic development of India as a result of potential investments in infrastructure and unfolding economic reforms.

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 (₹) 1,000
Exit Load 1% for redemption within 365 days

Basic Details

Fund House: Kotak Mahindra Mutual Fund
Launch Date: 25-Feb-2008
Return Since Launch: 6.57%
Benchmark: India Infrastructure TRI
Riskometer: High
Type: Open-ended
Assets: ₹ 337 Cr (As on 31-Dec-2019)
Expense: 2.50% (As on 31-Dec-2019)
Risk Grade: Below Average
Return Grade: Above Average
Turnover: 6.98%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend21-Feb-20190.4356

 28-Feb-20180.6250
 23-Feb-20170.5000
 23-Jun-20150.5000

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

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