Kotak Infrastructure & Economic Reform Fund- Direct Plan- Growth Option
Equity
Direct
Equity - Infrastructure
NAV: ₹ 73.37 as on 16-05-2024
About the Fund
Kotak Infrastructure & Economic Reform Fund- Direct Plan- Growth Option 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.
Key Parameters
- Kotak Infrastructure & Economic Reform Fund- Direct Plan- Growth Option has ₹1804 Cr worth of assets under management (AUM) as on Apr 2024 and is more than category average.
- The fund has an expense ratio 0.7.
Fund Performance
4846 people have invested ₹ 3.9Cr in Kotak Infrastructure & Economic Reform Fund- Direct Plan- Growth Option in the last three months
Overview
 | 0.68% |
 Benchmark | S&P BSE 500 India TR INR |
 | ₹1804 Cr |
 | 1 January, 2013 |
 | ₹100/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 5.88% |
Kotak Infrastructure & Economic Reform Fund- Direct Plan- Growth Option Distribution as on (30-Apr-24)
Size breakup
Mid cap
34.6%
Large cap
34%
Small cap
29%
Sector Allocation
Industrial
53.9%
Basic Materials
12.5%
Consumer Cyclical
11.9%
Utilities
8.6%
Communication
5.5%
Financial Services
3.1%
Energy
2.3%
Real Estate
2.2%
Top Holdings of Kotak Infrastructure & Economic Reform Fund- Direct Plan- Growth Option as on (30-Apr-24)
Equity Holdings49
Gainers & Losers Returns for the month of Apr
Top Growth Drivers | 1M Return |
|---|---|
 Schaeffler India Ltd | 18.8% |
 Exide Industries Ltd | 12.8% |
 Container Corporation Of India Ltd | 10.6% |
Top Losers | 1M Return |
|---|---|
 Gujarat State Petronet Ltd | -23.4% |
 Larsen & Toubro Ltd | -6.2% |
 Shree Cement Ltd | 2.9% |
Monthly Changes Updates
All changes are between Feb'24 and Apr'24
Fund Performance
- This fund’s returns stands at 8.48% whereas the fund’s underlying benchmark Nifty 500 returns stands at 2.46% as on Apr'24
- This fund outperformed Nifty 500 by 6.02% in Apr'24
AUM Change
- AUM of the fund stands at 1.8K Cr as of Apr'24
- AUM increased by 195.3 Cr between Apr'24 and Mar'24
Fund Portfolio Changes
Mutual Fund Insights
This fund has one of the lowest expense ratio in the category (equity - infrastructure). Its expense ratio is 0.68% which is lower than the category average expense ratio of 1.59%.
In the last 5 years, Quant Infrastructure Fund Growth Option Direct Plan has given 38.43% return, outperforming this fund by 10.37% per annum.
In the last 1 year, HDFC Infrastructure Fund -Direct Plan - Growth Option has given 77.31% return, outperforming this fund by 21.32%.
Over the last 1 year, this fund has decreased expense ratio by 32.0% moving from 1.00 to 0.68.
Over the last 6 months, this fund has experienced a 58.3% growth in AUM moving from 1.13K Cr to 1.80K Cr.
In the last 3 years, ICICI Prudential Infrastructure Fund Direct Plan Growth has given 39.96% return, outperforming this fund by 2.44% per annum.
INDmoney Rank
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IND ranking is not available for this fund.
Pros
Lower expense ratio
Beats FD returns for both 3Y & 5Y duration
Cons
No bad points found for this fund.
Peer Analysis
Fund Manager
Harish Krishnan
Fund Manager of Kotak Infrastructure & Economic Reform Fund- Direct Plan- Growth Option, since 31 January 2015
Top funds managed
Arjun Khanna
Fund Manager of Kotak Infrastructure & Economic Reform Fund- Direct Plan- Growth Option, since 1 March 2022
Top funds managed
Kotak Infrastructure & Economic Reform Fund- Direct Plan- Growth Option 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 20.01% since inception which is more than its category average return of 14.06%
Fund Allocations
This fund has an allocation of 98.55% in Equity, 0% in Debt and 1.45% in Cash related instruments
AUM size ₹1804 Cr
This fund has AUM of ₹1804 Cr which is more than its category average of ₹ 1496 Cr
Expense Ratio 0.68%
This fund has an expense ratio of 0.68% which is less than its category average expense ratio of 1.76%
Frequently Asked Questions
The current NAV of Kotak Infrastructure & Economic Reform Fund- Direct Plan- Growth Option is ₹73.37 as on 16-May-2024.
Existing (Absolute + CAGR) as on 16-May-2024.
Kotak Infrastructure & Economic Reform Fund- Direct Plan- Growth Option | Absolute Returns | CAGR Returns |
1 Month Returns | 3.72% | 3.72% |
6 Month Returns | 34.08% | 34.08% |
1 Year Returns | 55.99% | 55.99% |
3 Years Returns | 160.09% | 37.52% |
5 Years Returns | 244.44% | 28.06% |
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0.68% as on April 2024
₹1804 Cr as on April 2024
Larsen & Toubro Ltd(4.23%), Bharti Airtel Ltd(4%), UltraTech Cement Ltd(3.87%), Kalpataru Projects International Ltd(3.75%), Solar Industries India Ltd(3.58%) as on April 2024
Industrial(53.07%), Basic Materials(12.29%), Consumer Cyclical(11.73%) as on April 2024
The alpha ratio for the Kotak Infrastructure & Economic Reform Fund- Direct Plan- Growth Option for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Kotak Infrastructure & Economic Reform Fund- Direct Plan- Growth Option | 17.16 | 12.84 | 3.37 |
As on April 2024
The alpha for Kotak Infrastructure & Economic Reform Fund- Direct Plan- Growth Option 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 Plan- Growth Option for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Kotak Infrastructure & Economic Reform Fund- Direct Plan- Growth Option | 0.56 | 0.68 | 0.96 |
As on April 2024
The Beta for Kotak Infrastructure & Economic Reform Fund- Direct Plan- Growth Option 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 Plan- Growth Option 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 Plan- Growth Option | 3.7 | 2.28 | 1 |
As on April 2024
The sharpe ratio for Kotak Infrastructure & Economic Reform Fund- Direct Plan- Growth Option 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 Plan- Growth Option 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 Plan- Growth Option | 11.1 | 12.23 | 21.33 |
As on April 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 6.02 as on April 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.94 as on April 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Harish Krishnan, Arjun Khanna are the fund managers of Kotak Infrastructure & Economic Reform Fund- Direct Plan- Growth Option
The Exit load of Kotak Infrastructure & Economic Reform Fund- Direct Plan- Growth Option is 1%