Kotak Infrastructure & Economic Reform Fund Direct Growth
Equity
Direct
Equity - Infrastructure
NAV as on 23-12-2024
₹ 79.27
1D
Inception Returns
19.9%
/yr
About Kotak Infrastructure & Economic Reform Fund Direct Growth
Kotak Infrastructure & Economic Reform Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- Kotak Infrastructure & Economic Reform Fund Direct Growth has ₹2368 Cr worth of assets under management (AUM) as on Nov 2024 and is more than category average.
- The fund has an expense ratio 0.6.
Returns
Kotak Infrastructure & Economic Reform Fund Direct Growth has given a CAGR return of 19.95% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 40.03%, 31.63% and 29.94% respectively.
Holdings
Kotak Infrastructure & Economic Reform Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Basic Materials, Consumer Cyclical, Communication, Utilities, Financial Services, Tech, Real Estate, Energy. Its top holdings are Bharti Airtel Ltd, Shree Cement Ltd, Larsen & Toubro Ltd, UltraTech Cement Ltd, Solar Industries India Ltd
Taxation
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.
Investment objective of Kotak Infrastructure & Economic Reform Fund Direct Growth
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 and lockin period
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.
Historical NAV & Returns
Annualised
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10286 people have invested ₹ 3.7Cr in Kotak Infrastructure & Economic Reform Fund Direct Growth in the last three months
INDmoney Rank for Kotak Infrastructure & Economic Reform Fund Direct Growth
Powered by IND quant engine
IND ranking is not available for this fund.
Lower expense ratio
Beats FD returns for both 3Y & 5Y duration
No bad points found for this fund.
Kotak Infrastructure & Economic Reform Fund Direct Growth Overview
| Expense ratio | 0.62% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹2368 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 4.32% |
| 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 (23-Dec-24)
Fund Distribution
as on (30-Nov-24)
Small cap
42%
Large cap
32%
Mid cap
20.2%
Sector Allocation
Industrial
51.5%
Basic Materials
15.8%
Consumer Cyclical
11.9%
Communication
8%
Utilities
3.5%
Financial Services
2.7%
Tech
2.5%
Real Estate
2.2%
Energy
1.8%
All changes are between Sep'24 and Nov'24
- This fund’s returns stands at 0.94% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.60% as on Nov'24
- This fund outperformed Nifty 500 by 1.54% in Nov'24
- AUM of the fund stands at 2.4K Cr as of Nov'24
- AUM has remained same between Nov'24 and Oct'24
Top Stocks bought last month
Jyoti CNC Automation Ltd's allocation increased from 1.99% to 2.33%
Azad Engineering Ltd's allocation increased from 1.43% to 1.69%
WPIL Ltd's allocation increased from 0.99% to 1.22%
Top Stocks sold last month
Bharti Airtel Ltd's allocation decreased from 6.13 % to 6.11 %
Kajaria Ceramics Ltd's allocation decreased from 3.04 % to 3.02 %
Greenpanel Industries Ltd Ordinary Shares's allocation decreased from 3.09 % to 2.87 %
Mid Cap allocation has gone down from 21.4% to 20.2%
Large Cap allocation has gone down from 32.5% to 32%
Small Cap allocation has gone down from 42% to 42%
Cash allocation has gone down from 2.8% to 0.8%
Top 3 Sectors in November were Industrial, Basic Materials & Consumer Cyclical
Nov'24
Industrial
52%
Basic Materials
16%
Consumer Cyclical
12%
Oct'24
Industrial
51%
Basic Materials
16%
Consumer Cyclical
12%
See all
Top Growth Drivers | 1M Return |
|---|---|
 Jyoti CNC Automation Ltd | 13.1% |
 Azad Engineering Ltd | 8.7% |
 Power Finance Corporation Ltd | 6% |
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Fund House
Kotak Mahindra Asset Management Co Ltd
Total Schemes
Total AUM
₹4.81L Cr
as on 29-Nov-2024
Address
Kotak Mahindra Asset management Company Limited,2nd Floor, 12-BKC, Plot No C-12,G Block, BKC, Bandra (East),Mumbai - 400 051
Phone
91-22-40930000
Website
fundaccops@kotakmutual.com
Mutual Fund Insights
Over the last 3 months, this fund has experienced a 3.2% drop in AUM moving from 2.44K Cr to 2.36K Cr.
This fund has one of the lowest expense ratio in the category (equity - infrastructure). Its expense ratio is 0.62% which is lower than the category average expense ratio of 1.48%.
Over the last 1 year, this fund has decreased expense ratio by 17.3% moving from 0.75 to 0.62.
In the last 5 years, Quant Infrastructure Fund Growth Option Direct Plan has given 36.58% return, outperforming this fund by 6.64% per annum.
In the last 3 years, ICICI Prudential Infrastructure Fund Direct Plan Growth has given 36.33% return, outperforming this fund by 4.7% per annum.
In the last 1 year, LIC MF Infrastructure Fund Direct Plan Growth Option has given 56.49% return, outperforming this fund by 16.46%.
Kotak Infrastructure & Economic Reform Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 19.95% since inception which is more than its category average return of 14.14%
Fund Allocations
This fund has an allocation of 99.19% in Equity, 0% in Debt and 0.81% in Cash related instruments
AUM size ₹2368 Cr
This fund has AUM of ₹2368 Cr which is more than its category average of ₹ 1984 Cr
Expense Ratio 0.62%
This fund has an expense ratio of 0.62% which is less than its category average expense ratio of 1.67%
Frequently Asked Questions for Kotak Infrastructure & Economic Reform Fund Direct Growth
The current NAV of Kotak Infrastructure & Economic Reform Fund Direct Growth is ₹79.27 as on 23-Dec-2024.
Existing (Absolute + CAGR) as on 23-Dec-2024.
Kotak Infrastructure & Economic Reform Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 5.06% | 5.06% |
6 Month Returns | -1.99% | -1.99% |
1 Year Returns | 40.03% | 40.03% |
3 Years Returns | 128.09% | 31.63% |
5 Years Returns | 270.45% | 29.94% |
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0.62% as on November 2024
₹2368 Cr as on November 2024
Bharti Airtel Ltd(6.11%), Shree Cement Ltd(3.81%), Larsen & Toubro Ltd(3.3%), UltraTech Cement Ltd(3.27%), Solar Industries India Ltd(3.21%) as on November 2024
Industrial(51.11%), Basic Materials(15.69%), Consumer Cyclical(11.84%) as on November 2024
The alpha ratio for the Kotak Infrastructure & Economic Reform Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Kotak Infrastructure & Economic Reform Fund Direct Growth | 12 | 10.14 | 6.53 |
As on November 2024
The alpha for Kotak Infrastructure & Economic Reform Fund Direct Growth is calculated against S&P BSE 500 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Kotak Infrastructure & Economic Reform Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Kotak Infrastructure & Economic Reform Fund Direct Growth | 0.82 | 0.74 | 0.96 |
As on November 2024
The Beta for Kotak Infrastructure & Economic Reform Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Kotak Infrastructure & Economic Reform Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Kotak Infrastructure & Economic Reform Fund Direct Growth | 1.97 | 1.6 | 1.1 |
As on November 2024
The sharpe ratio for Kotak Infrastructure & Economic Reform Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Kotak Infrastructure & Economic Reform Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Kotak Infrastructure & Economic Reform Fund Direct Growth | 16.01 | 13.44 | 21.18 |
As on November 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 3.25 as on November 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.96 as on November 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
The Exit load of Kotak Infrastructure & Economic Reform Fund Direct Growth is 1%