Kotak Bluechip Fund Direct Growth
Equity
Direct
Large-Cap
NAV as on 19-11-2024
₹ 615.66
▲0.5%
1D
Inception Returns
15.5%
/yr
About Kotak Bluechip Fund Direct Growth
Kotak Bluechip Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Arjun Khanna, Harish Krishnan. The fund could potentially beat inflation in the long-run.
Key Parameters
- Kotak Bluechip Fund Direct Growth has ₹9327 Cr worth of assets under management (AUM) as on Oct 2024 and is more than category average.
- The fund has an expense ratio 0.6.
Returns
Kotak Bluechip Fund Direct Growth has given a CAGR return of 15.50% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 26.97%, 13.32% and 18.27% respectively.
Holdings
Kotak Bluechip Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Tech, Consumer Defensive, Industrial, Basic Materials, Energy, Corporate, Utilities, Health, Communication, Real Estate, Government. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Reliance Industries Ltd, Infosys Ltd, Larsen & Toubro Ltd
Taxation
As it is a large-cap mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of Kotak Bluechip Fund Direct Growth
To generate capital appreciation from a portfolio of predominantly equity and equity related securities falling under the category of large Cap companies. There is no assurance that the investment objective of the Scheme will be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Kotak Bluechip Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
▲
▼
10789 people have invested ₹ 4.3Cr in Kotak Bluechip Fund Direct Growth in the last three months
INDmoney Rank for Kotak Bluechip Fund Direct Growth
Powered by IND quant engine
7
/19
63% Performance
57% Risk Management
79% Cost
7 out of 19 among large-cap
Beats FD returns for both 3Y & 5Y
No bad points found for this fund.
Kotak Bluechip Fund Direct Growth Overview
| Expense ratio | 0.6% |
Benchmark | S&P BSE 100 India TR INR |
| AUM | ₹9327 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 24.27% |
| STCG | Redeeming before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (19-Nov-24)
Fund Distribution
as on (31-Oct-24)
Large cap
83.4%
Mid cap
9.2%
Small cap
2.4%
Sector Allocation
Financial Services
27.1%
Consumer Cyclical
15.2%
Tech
12.9%
Consumer Defensive
9.1%
Industrial
8.2%
Basic Materials
7%
Energy
6.7%
Utilities
4.9%
Health
4.2%
Communication
3.5%
Real Estate
1.2%
All changes are between Aug'24 and Oct'24
- This fund’s returns stands at -6.27% whereas the fund’s underlying benchmark Nifty 100 returns stands at -6.79% as on Oct'24
- This fund outperformed Nifty 100 by 0.52% in Oct'24
- AUM of the fund stands at 9.3K Cr as of Oct'24
- AUM decreased by 478.9 Cr between Oct'24 and Sep'24
Top Stocks bought last month
State Bank of India's allocation increased from 2.17% to 2.72%
ICICI Bank Ltd's allocation increased from 5.9% to 6.3%
HDFC Bank Ltd's allocation increased from 6.84% to 7.2%
Top Stocks sold last month
Reliance Industries Ltd's allocation decreased from 5.29 % to 5.13 %
Infosys Ltd's allocation decreased from 5.16 % to 5.08 %
Bharti Airtel Ltd's allocation decreased from 3.26 % to 3.23 %
Cash allocation has gone down from 3.9% to 3.7%
Top 3 Sectors in October were Financial Services, Consumer Cyclical & Tech
Oct'24
Financial Services
27%
Consumer Cyclical
15%
Tech
13%
Sep'24
Financial Services
26%
Consumer Cyclical
16%
Tech
12%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 7.2% | 0% | |
 ICICI Bank Ltd | 6.3% | 0% | |
 Reliance Industries Ltd | 5.13% | 2.1% | |
 Infosys Ltd | 5.08% | -0.2% | |
 Larsen & Toubro Ltd | 3.88% | -0.7% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 HDFC Bank Ltd | 0.8% |
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We are taking more time than usual
Arjun Khanna
Fund Manager of Kotak Bluechip Fund Direct Growth, since 30 April 2022
Top funds managed
Harish Krishnan
Fund Manager of Kotak Bluechip Fund Direct Growth, since 1 January 2014
Top funds managed
Fund House
Kotak Mahindra Asset Management Co Ltd
Total Schemes
Total AUM
₹4.8L Cr
as on 31-Oct-2024
Address
Kotak Mahindra Asset management Company Limited,2nd Floor, 12-BKC, Plot No C-12,G Block, BKC, Bandra (East),Mumbai - 400 051
Phone
91-22-40930000
Website
fundaccops@kotakmutual.com
Mutual Fund Insights
In the last 1 year, DSP Top 100 Equity Fund Direct Plan Growth has given 32.14% return, outperforming this fund by 5.17%.
In the last 5 years, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 20.27% return, outperforming this fund by 2% per annum.
This fund expense ratio is slightly on the lower side within the category (large-cap). Its expense ratio is 0.6% which is lower than the category average expense ratio of 0.76%.
Over the last 1 year, this fund has increased expense ratio by 13.2% moving from 0.53 to 0.60.
Over the last 1 month, this fund has experienced a 4.9% drop in AUM moving from 9.80K Cr to 9.32K Cr.
In the last 3 years, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 19.46% return, outperforming this fund by 6.15% per annum.
Kotak Bluechip Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 15.5% since inception which is more than its category average return of 13.22%
Fund Allocations
This fund has an allocation of 96.32% in Equity, 0% in Debt and 3.68% in Cash related instruments
AUM size ₹9327 Cr
This fund has AUM of ₹9327 Cr which is more than its category average of ₹ 6986 Cr
Expense Ratio 0.6%
This fund has an expense ratio of 0.6% which is less than its category average expense ratio of 1.3%
Frequently Asked Questions for Kotak Bluechip Fund Direct Growth
The current NAV of Kotak Bluechip Fund Direct Growth is ₹615.66 as on 19-Nov-2024.
Existing (Absolute + CAGR) as on 19-Nov-2024.
Kotak Bluechip Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -5.24% | -5.24% |
6 Month Returns | 6.32% | 6.32% |
1 Year Returns | 26.97% | 26.97% |
3 Years Returns | 45.5% | 13.32% |
5 Years Returns | 131.38% | 18.27% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.6% as on October 2024
₹9327 Cr as on October 2024
HDFC Bank Ltd(7.2%), ICICI Bank Ltd(6.3%), Reliance Industries Ltd(5.13%), Infosys Ltd(5.08%), Larsen & Toubro Ltd(3.88%) as on October 2024
Financial Services(26.12%), Consumer Cyclical(14.64%), Tech(12.42%) as on October 2024
The alpha ratio for the Kotak Bluechip Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Kotak Bluechip Fund Direct Growth | 2.57 | 1.74 | 2.22 |
As on October 2024
The alpha for Kotak Bluechip Fund Direct Growth is calculated against S&P BSE 100 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Kotak Bluechip Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Kotak Bluechip Fund Direct Growth | 0.95 | 0.91 | 0.94 |
As on October 2024
The Beta for Kotak Bluechip Fund Direct Growth is calculated with S&P BSE 100 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Kotak Bluechip Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Kotak Bluechip Fund Direct Growth | 1.9 | 0.68 | 0.78 |
As on October 2024
The sharpe ratio for Kotak Bluechip Fund Direct Growth is calculated with S&P BSE 100 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Kotak Bluechip Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Kotak Bluechip Fund Direct Growth | 12.76 | 12.48 | 17.69 |
As on October 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 1.14 as on October 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.49 as on October 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Arjun Khanna, Harish Krishnan are the fund managers of Kotak Bluechip Fund Direct Growth
The Exit load of Kotak Bluechip Fund Direct Growth is 1%