Equity
Direct
Mid-Cap
NAV as on 06-09-2024
₹ 152.59
1D
Inception Returns
22.8%
/yr
Kotak Emerging Equity Fund aims to invest in the stocks of companies that have the potential to grow rapidly in the future. The fund has a higher exposure towards small and mid-cap companies which generally have a higher growth potential but also come with elevated risk factors. These companies may operate in various sectors such as manufacturing, technology, healthcare, consumer goods, etc.Investors who are looking to invest in the Indian equity market and willing to take higher risks in exchange for potentially higher returns may consider investing in the Kotak Emerging Equity Fund.
Kotak Emerging Equity Scheme Fund Direct Growth has given a CAGR return of 22.76% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 45.58%, 25.06% and 31.56% respectively.
Kotak Emerging Equity Scheme Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Industrial, Basic Materials, Financial Services, Tech, Health, Energy, Real Estate, Communication, Corporate, Consumer Defensive, Utilities, Government. Its top holdings are Persistent Systems Ltd, Mphasis Ltd, Supreme Industries Ltd, Oil India Ltd, Oberoi Realty Ltd
As it is a mid-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.
The investment objective of the scheme is to generate long-term capital appreciation from a portfolio of equity and equity related securities, by investing predominantly in mid companies. The scheme may also invest in debt and money market instruments, as per the asset allocation table. There is no assurance that the investment objective of the scheme will be achieved.
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Kotak Emerging Equity Scheme Fund Direct Growth has no lock in period.
Expense ratio | 0.34% |
Benchmark | S&P BSE Midcap TR INR |
AUM | ₹50602 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 9.06% |
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 |
as on (06-Sep-24)
as on (31-Jul-24)
Top 3 Sectors in July were Industrial, Consumer Cyclical & Basic Materials
Kotak Emerging Equity Scheme Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 6.46% | 6.46% |
6 Month Returns | 30.16% | 30.16% |
1 Year Returns | 45.58% | 45.58% |
3 Years Returns | 95.6% | 25.06% |
5 Years Returns | 294.13% | 31.56% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Kotak Emerging Equity Scheme Fund Direct Growth | 8.69 | 2.65 | 1.92 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Kotak Emerging Equity Scheme Fund Direct Growth | 0.74 | 0.79 | 0.91 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Kotak Emerging Equity Scheme Fund Direct Growth | 2.87 | 1.46 | 1.24 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Kotak Emerging Equity Scheme Fund Direct Growth | 12.17 | 12.86 | 20.06 |