Kotak Consumption Fund Direct Growth
Equity
Direct
Equity - Consumption
NAV as on 20-01-2025
₹ 13.43
▲0.5%
1D
Inception Returns
28.3%
/yr
About Kotak Consumption Fund Direct Growth
Kotak Consumption Fund Direct Growth is an equity fund. This fund was started on 16 November, 2023. The fund is managed by Devender Singhal, Abhishek Bisen. The fund could potentially beat inflation in the long-run.
Key Parameters
- Kotak Consumption Fund Direct Growth has ₹1117 Cr worth of assets under management (AUM) as on Nov 2024 and is less than category average.
- The fund has an expense ratio 0.6.
Returns
Kotak Consumption Fund Direct Growth has given a CAGR return of 28.31% since inception. Over the last 1 year the fund has given a CAGR return of 25.52%.
Holdings
Kotak Consumption Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Consumer Defensive, Communication, Health, Industrial, Basic Materials, Real Estate, Tech. Its top holdings are ITC Ltd, Bharti Airtel Ltd, Maruti Suzuki India Ltd, Hindustan Unilever Ltd, Zomato Ltd
Taxation
As it is a equity - consumption 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 Consumption Fund Direct Growth
The investment objective of the scheme is to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related securities of companies engaged in consumption and consumption related activities. However, there is no assurance that the 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 Consumption Fund Direct Growth has no lock in period.
Historical NAV & Returns
Kotak Consumption Fund Direct Growth Overview
| Expense ratio | 0.55% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹1117 Cr |
| Inception Date | 16 November, 2023 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 0.5% |
| Lock In | No Lock-in |
TurnOver | 105.85% |
| STCG | Selling mutual fund 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 (20-Jan-25)
Fund Distribution
as on (30-Nov-24)
- This fund’s returns stands at 1.15% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.60% as on Nov'24
- This fund outperformed Nifty 500 by 1.75% in Nov'24
- AUM of the fund stands at 1.1K Cr as of Dec'24
- AUM increased by 40 Cr between Dec'24 and Nov'24
Top 3 Sectors in December were Consumer Cyclical, Consumer Defensive & Communication
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ITC Ltd | 8.71% | 5.6% | |
 Bharti Airtel Ltd | 8.49% | 7% | |
 Maruti Suzuki India Ltd | 7.57% | 21.5% | |
 Hindustan Unilever Ltd | 6.78% | 9.3% | |
 Zomato Ltd | 5.68% | 9.7% |
Top Growth Drivers | 1M Return |
|---|---|
 Jubilant Foodworks Ltd | 2.5% |
Kotak Consumption Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹1117 Cr
Expense Ratio 0.55%
Frequently Asked Questions for Kotak Consumption Fund Direct Growth
Kotak Consumption Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -2.48% | -2.48% |
6 Month Returns | 2.83% | 2.83% |
1 Year Returns | 25.52% | 25.52% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- 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.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Kotak Consumption Fund Direct Growth | 9.12 | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Kotak Consumption Fund Direct Growth | 1.23 | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Kotak Consumption Fund Direct Growth | 1.27 | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Kotak Consumption Fund Direct Growth | 15.5 | - | - |