Kotak Global Innovation Fund of Fund Direct Growth
Equity
Direct
Global - Other
NAV as on 26-11-2024
₹ 11.13
▲0.5%
1D
Inception Returns
3.2%
/yr
About Kotak Global Innovation Fund of Fund Direct Growth
Kotak Global Innovation Fund of Fund Direct Growth is an equity fund. This fund was started on 5 August, 2021. The fund is managed by Arjun Khanna. The fund could potentially beat inflation in the long-run.
Key Parameters
- Kotak Global Innovation Fund of Fund Direct Growth has ₹646 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.5.
Returns
Kotak Global Innovation Fund of Fund Direct Growth has given a CAGR return of 3.20% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 30.75% and 4.95% respectively.
Holdings
Kotak Global Innovation Fund of Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Tech, Consumer Cyclical, Health, Communication, Real Estate, Financial Services, Industrial, Consumer Defensive, Basic Materials, Energy, Utilities. Its top holdings are Wellington Global Innovation USD S Ac
Taxation
As it is a global - other 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 Global Innovation Fund of Fund Direct Growth
The primary investment objective of the scheme is to provide long-term capital appreciation by investing in units of Wellington Global Innovation Fund or any other similar overseas mutual fund schemes/ETFs. The Scheme may, at the discretion of the Investment Manager, also invest in the units/ shares of any other similar overseas mutual fund schemes/ETFs. It shall be noted 'similar overseas mutual fund schemes/ETFs' shall have investment objective, investment strategy, asset allocation and risk profile/consideration similar to those of Wellington Global Innovation Fund. However, there is no assurance that the objective of the scheme will be realised.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Kotak Global Innovation Fund of Fund Direct Growth has no lock in period.
Historical NAV & Returns
INDmoney Rank for Kotak Global Innovation Fund of Fund Direct Growth
Kotak Global Innovation Fund of Fund Direct Growth Overview
| Expense ratio | 0.45% |
Benchmark | MSCI ACWI GR LCL |
| AUM | ₹646 Cr |
| Inception Date | 5 August, 2021 |
| Min Lumpsum/SIP | --/-- |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 49.47% |
| STCG | Selling within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Very High Risk |
Trailing Returns
as on (26-Nov-24)
Fund Distribution
as on (31-Dec-69)
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Wellington Global Innovation USD S Ac | 99.92% | -8.8% |
Kotak Global Innovation Fund of Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹646 Cr
Expense Ratio 0.45%
Frequently Asked Questions for Kotak Global Innovation Fund of Fund Direct Growth
Kotak Global Innovation Fund of Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.67% | 4.67% |
6 Month Returns | 12.53% | 12.53% |
1 Year Returns | 30.75% | 30.75% |
3 Years Returns | 15.58% | 4.95% |
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 Global Innovation Fund of Fund Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Kotak Global Innovation Fund of Fund Direct Growth | - | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Kotak Global Innovation Fund of Fund Direct Growth | 2.03 | -0.11 | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Kotak Global Innovation Fund of Fund Direct Growth | 13.02 | 20.83 | - |