Kotak India Growth Fund Series 4 Direct Growth
Equity
Direct
Large-Cap
NAV as on 22-02-2024
₹ 31.06
Inception Returns
20.8%
/yr
About Kotak India Growth Fund Series 4 Direct Growth
Kotak India Growth Fund Series 4 Direct Growth is an equity fund. This fund was started on 20 February, 2018. The fund is managed by Devender Singhal. The fund could potentially beat inflation in the long-run.
Key Parameters
- Kotak India Growth Fund Series 4 Direct Growth has ₹133 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
- The fund has an expense ratio 0.3.
Returns
Kotak India Growth Fund Series 4 Direct Growth has given a CAGR return of 20.78% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 50.25%, 25.97% and 28.13% respectively.
Holdings
Kotak India Growth Fund Series 4 Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Consumer Defensive, Energy, Tech, Utilities, Industrial, Communication, Health, Basic Materials. Its top holdings are HDFC Bank Ltd, ITC Ltd, Reliance Industries Ltd, Hero MotoCorp Ltd, Power Finance Corp 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 India Growth Fund Series 4 Direct Growth
"The investment objective of the scheme is to generate capital appreciation from a diversified portfolio of equity & equity related instruments across market capitalisation and sectors. There is no assurance or guarantee that the investment objective of the scheme will be achieved."
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 0.00. Kotak India Growth Fund Series 4 Direct Growth has no lock in period.
Historical NAV & Returns
Kotak India Growth Fund Series 4 Direct Growth Overview
| Expense ratio | 0.34% |
Benchmark | IISL Nifty 200 TR INR |
| AUM | ₹133 Cr |
| Inception Date | 20 February, 2018 |
| Min Lumpsum/SIP | --/-- |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 28.4% |
| 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 (22-Feb-24)
Fund Distribution
as on (31-Oct-24)
- AUM of the fund stands at 132.9 Cr as of Oct'24
- AUM has remained same between Oct'24 and Sep'24
Top 3 Sectors in October were Financial Services, Consumer Cyclical & Consumer Defensive
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 6.79% | 0% | |
 ITC Ltd | 6.06% | 97.3% | |
 Reliance Industries Ltd | 5.98% | 0% | |
 Hero MotoCorp Ltd | 5.91% | 61.9% | |
 Power Finance Corp Ltd | 5.1% | 0% |
Top Growth Drivers | 1M Return |
|---|---|
 Firstsource Solutions Ltd | 3.7% |
 Radico Khaitan Ltd | 2.8% |
Kotak India Growth Fund Series 4 Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹133 Cr
Expense Ratio 0.34%
Frequently Asked Questions for Kotak India Growth Fund Series 4 Direct Growth
Kotak India Growth Fund Series 4 Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.57% | 3.57% |
6 Month Returns | 23.58% | 23.58% |
1 Year Returns | 50.25% | 50.25% |
3 Years Returns | 99.9% | 25.97% |
5 Years Returns | 245.41% | 28.13% |
- 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 India Growth Fund Series 4 Direct Growth | 9.85 | 8.17 | 9.62 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Kotak India Growth Fund Series 4 Direct Growth | 1.03 | 0.89 | 0.87 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Kotak India Growth Fund Series 4 Direct Growth | 2.43 | 1.57 | 1.17 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Kotak India Growth Fund Series 4 Direct Growth | 13.03 | 13.46 | 17.77 |