Kotak Pioneer Fund Direct Growth
Equity
Direct
Equity - Other
NAV as on 19-11-2024
₹ 31.58
▲0.3%
1D
Inception Returns
25.5%
/yr
About Kotak Pioneer Fund Direct Growth
Kotak Pioneer Fund Direct Growth is an equity fund. This fund was started on 31 October, 2019. The fund is managed by Arjun Khanna, Harish Krishnan. The fund could potentially beat inflation in the long-run.
Key Parameters
- Kotak Pioneer Fund Direct Growth has ₹2629 Cr worth of assets under management (AUM) as on Oct 2024 and is more than category average.
- The fund has an expense ratio 0.5.
Returns
Kotak Pioneer Fund Direct Growth has given a CAGR return of 25.55% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 36.04%, 16.19% and 25.68% respectively.
Holdings
Kotak Pioneer Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Industrial, Tech, Financial Services, Health, Communication, Energy, Basic Materials, Consumer Defensive, Real Estate, Utilities. Its top holdings are iShares NASDAQ 100 ETF USD Acc, Reliance Industries Ltd, Zomato Ltd, Bharti Hexacom Ltd, Maruti Suzuki India Ltd
Taxation
As it is a equity - 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 Pioneer Fund Direct Growth
The investment objective of the scheme is to generate capital appreciation from a diversified portfolio of equity, equity related instruments and units of global mutual funds which invests into such companies that utilize new forms of production, technology, distribution or processes which are likely to challenge existing markets or value networks, or displace established market leaders, or bring in novel products and/or business models. However, there can be no assurance that the investment 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 Pioneer Fund Direct Growth has no lock in period.
Historical NAV & Returns
INDmoney Rank for Kotak Pioneer Fund Direct Growth
Kotak Pioneer Fund Direct Growth Overview
| Expense ratio | 0.54% |
Benchmark | IISL Nifty 500 TR INR |
| AUM | ₹2629 Cr |
| Inception Date | 31 October, 2019 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 35.74% |
| 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 (19-Nov-24)
Fund Distribution
as on (31-Oct-24)
- This fund’s returns stands at -6.34% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
- This fund outperformed Nifty 500 by 0.18% in Oct'24
- AUM of the fund stands at 2.6K Cr as of Oct'24
- AUM decreased by 171.9 Cr between Oct'24 and Sep'24
Top 3 Sectors in October were Consumer Cyclical, Industrial & Financial Services
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 iShares NASDAQ 100 ETF USD Acc | 15.77% | 0% | |
 Reliance Industries Ltd | 4.26% | 0% | |
 Zomato Ltd | 4.13% | 0% | |
 Bharti Hexacom Ltd | 3.65% | 0% | |
 Maruti Suzuki India Ltd | 3.54% | 0% |
Top Growth Drivers | 1M Return |
|---|---|
 GE Vernova T&D India Ltd | 7.3% |
 Aster DM Healthcare Ltd | 1.1% |
Mutual Fund Insights
Kotak Pioneer Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹2629 Cr
Expense Ratio 0.54%
Frequently Asked Questions for Kotak Pioneer Fund Direct Growth
Kotak Pioneer Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -4.83% | -4.83% |
6 Month Returns | 9.03% | 9.03% |
1 Year Returns | 36.04% | 36.04% |
3 Years Returns | 56.88% | 16.19% |
5 Years Returns | 213.52% | 25.68% |
- 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 Pioneer Fund Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Kotak Pioneer Fund Direct Growth | - | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Kotak Pioneer Fund Direct Growth | 2.43 | 0.82 | 1.04 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Kotak Pioneer Fund Direct Growth | 13.46 | 13.91 | 19.39 |