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Kotak Infrastructure and Economic Reform Fund - Standard Plan

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Equity: Sectoral-Infrastructure

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1 Lakh

Investment Grown to
₹ 1.21 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.91 Lakh

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 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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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 25.60 0.96 2.66 7.31 27.02 50.35 39.88 6.57 12.91 16.44 11.52
S&P BSE India Infrastructure TRI 29.34 1.31 3.24 10.39 32.34 66.77 62.35 3.62 13.11 11.01 8.80
Equity: Sectoral-Infrastructure 19.89 0.74 2.24 5.20 23.33 46.62 41.31 5.81 13.22 14.63 9.04
Rank within category 3 5 6 5 3 8 11 12 15 5 3
Number of funds in category 21 21 21 21 21 21 21 21 21 19 18

As on 08-Mar-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Kotak Infrastructure and Economic Reform Fund - Standard Plan  | Invest Online
3 star
 Feb-08 39.88 6.57 12.91 2.53 328
Franklin Build India Fund  | Invest Online Now
4 star
 Sep-09 42.79 9.13 15.05 2.37 897
Tata Infrastructure Fund - Regular Plan  | Invest Online
4 star
 Dec-04 42.38 8.30 14.29 2.58 493
SBI Infrastructure Fund  | Invest Online
4 star
 Jul-07 35.86 8.86 14.34 2.64 490
Nippon India Power & Infra Fund  | Invest Online
3 star
 May-04 43.87 3.40 14.25 2.33 1,362

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 27.39 13-May-2009 - 20-May-2009 -18.91 16-Mar-2020 - 23-Mar-2020
Month 38.63 11-May-2009 - 10-Jun-2009 -37.92 20-Feb-2020 - 23-Mar-2020
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 7.90 27.41 0.12 0.14 0.85 3.21
S&P BSE India Infrastructure TRI 4.70 30.57 0.00 0.01 -- --
Equity: Sectoral-Infrastructure 7.13 27.66 0.10 0.12 0.85 2.44
Rank within category 10 11 11 12 12 10
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 28-Feb-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 33
Top 10 Stocks (%) 45.45
Top 5 Stocks (%) 24.94
Top 3 Sectors (%) 61.27
Portfolio P/B Ratio 3.16
Portfolio P/E Ratio 24.04

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 25,005 27,006
Giant (%) 19.81 26.20
Large (%) 7.06 7.62
Mid (%) 47.42 32.43
Small (%) 25.71 33.29
Tiny (%) -- 0.90

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 Solar Industries Chemicals 52.50 6.26 2.92 5.38
up Larsen & Toubro Construction 18.36 6.62 3.66 5.13
equal Thermax Engineering 120.15 4.98 2.82 4.98
up Reliance Industries Energy 34.61 6.11 0.00 4.78
up Ultratech Cement Construction 28.17 6.31 3.04 4.67
up Bharti Airtel Communication -- 5.13 0.00 4.25
up Shree Cement Construction 48.88 7.46 4.01 4.25
up Schaeffler India Engineering 56.19 4.21 2.80 4.12
equal PNC Infratech Services 15.40 4.11 1.05 4.11
equal Gujarat Gas Chemicals 30.73 3.87 1.39 3.78
up Container Corp. Services 44.96 3.73 2.30 3.66
equal HG Infra Engineering Construction 10.54 3.58 2.07 3.48
up Indian Railway Catering & Tourism Corpn. Services 137.22 3.22 0.00 3.22
up The Ramco Cements Construction 33.26 3.68 1.62 3.10
up AIA Engineering Metals 31.71 4.46 1.87 3.06
equal Supreme Industries Chemicals 39.73 4.24 1.85 2.94
equal Kajaria Ceramics Construction 67.37 3.40 1.57 2.89
up Ratnamani Metals & Tubes Metals 38.75 3.39 0.13 2.76
up Rail Vikas Nigam Construction 7.53 2.95 0.00 2.66
up NTPC Energy 14.08 3.03 1.90 2.46
up Indraprastha Gas Energy 33.43 4.73 1.26 2.40
up JMC Projects (I) Construction -- 3.78 1.71 2.39
equal Hindustan Oil Exploration Energy 31.07 2.51 1.20 2.08
equal Mahindra Lifespace Construction -- 2.10 0.00 2.04
equal SKF India Engineering 41.52 3.71 1.57 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 28-Feb-2021

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
0.96%

Change from previous, NAV as on 08-Mar-2021

Growth: ₹ 25.7930

Dividend: ₹ 20.6280

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
Lock-in Period Not Applicable
Exit Load For units in excess of 10% of the investment,1% will be charged for redemption within 365 days

Basic Details

Fund House: Kotak Mahindra Mutual Fund
Launch Date: 25-Feb-2008
Return Since Launch: 7.54%
Benchmark: India Infrastructure TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 328 Cr (As on 28-Feb-2021)
Expense: 2.53% (As on 31-Jan-2021)
Risk Grade: Average
Return Grade: Average
Turnover: 7.71%

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: 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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