Equity
Direct
Equity - Infrastructure
NAV as on 06-09-2024
₹ 82.61
1D
Inception Returns
20.9%
/yr
Kotak Infrastructure & Economic Reform Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Harish Krishnan, Arjun Khanna. The fund could potentially beat inflation in the long-run.
Kotak Infrastructure & Economic Reform Fund Direct Growth has given a CAGR return of 20.90% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 54.85%, 33.12% and 32.46% respectively.
Kotak Infrastructure & Economic Reform Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Basic Materials, Consumer Cyclical, Utilities, Communication, Financial Services, Energy, Real Estate, Tech. Its top holdings are UltraTech Cement Ltd, Bharti Airtel Ltd, Larsen & Toubro Ltd, Solar Industries India Ltd, Kalpataru Projects International Ltd
As it is a equity - infrastructure 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 diversified portfolio of predominantly equity and equity-related securities of companies involved in economic development of India as a result of potential investments in infrastructure and unfolding economic reforms. However, there is no assurance that the objective of the scheme will be realized.
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Kotak Infrastructure & Economic Reform Fund Direct Growth has no lock in period.
Expense ratio | 0.61% |
Benchmark | S&P BSE 500 India TR INR |
AUM | ₹2437 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 4.32% |
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 Infrastructure & Economic Reform Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.58% | 4.58% |
6 Month Returns | 28.02% | 28.02% |
1 Year Returns | 54.85% | 54.85% |
3 Years Returns | 135.9% | 33.12% |
5 Years Returns | 307.73% | 32.46% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Kotak Infrastructure & Economic Reform Fund Direct Growth | 10.81 | 10.76 | 5.14 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Kotak Infrastructure & Economic Reform Fund Direct Growth | 0.7 | 0.71 | 0.96 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Kotak Infrastructure & Economic Reform Fund Direct Growth | 3 | 1.99 | 1.22 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Kotak Infrastructure & Economic Reform Fund Direct Growth | 13.3 | 12.54 | 20.87 |