Kotak Quant Fund Direct Growth
Equity
Direct
Equity - Other
NAV as on 23-12-2024
₹ 14.76
1D
Inception Returns
32.2%
/yr
About Kotak Quant Fund Direct Growth
Kotak Quant Fund Direct Growth is an equity fund. This fund was started on 2 August, 2023. The fund is managed by Harsha Upadhyaya, Abhishek Bisen. The fund could potentially beat inflation in the long-run.
Key Parameters
- Kotak Quant Fund Direct Growth has ₹847 Cr worth of assets under management (AUM) as on Nov 2024 and is less than category average.
- The fund has an expense ratio 1.2.
Returns
Kotak Quant Fund Direct Growth has given a CAGR return of 32.17% since inception. Over the last 1 year the fund has given a CAGR return of 24.02%.
Holdings
Kotak Quant Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Health, Basic Materials, Industrial, Consumer Cyclical, Communication, Tech, Consumer Defensive, Real Estate, Utilities, Energy, Corporate, Government. Its top holdings are Sun Pharmaceuticals Industries Ltd, Bharti Airtel Ltd, Bosch Ltd, Grasim Industries Ltd, The Federal Bank 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 Quant Fund Direct Growth
The scheme shall seek to generate long term capital appreciation by investing predominantly in equity and equity related securities selected based on quant model theme. However, there is no assurance that the 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 500.00. Kotak Quant Fund Direct Growth has no lock in period.
Historical NAV & Returns
Kotak Quant Fund Direct Growth Overview
| Expense ratio | 1.16% |
Benchmark | Nifty 200 TRI |
| AUM | ₹847 Cr |
| Inception Date | 2 August, 2023 |
| Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 0.5% |
| Lock In | No Lock-in |
TurnOver | 75.32% |
| 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)
- This fund’s returns stands at -1.92% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.60% as on Nov'24
- This fund underperformed Nifty 500 by 1.32% in Nov'24
- AUM of the fund stands at 845.9 Cr as of Nov'24
- AUM decreased by 66.2 Cr between Nov'24 and Oct'24
Top 3 Sectors in November were Basic Materials, Industrial & Financial Services
Top Growth Drivers | 1M Return |
|---|---|
 Interglobe Aviation Ltd | 9% |
 Coromandel International Ltd | 4.4% |
 Havells India Ltd | 3.5% |
Kotak Quant Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹847 Cr
Expense Ratio 1.16%
Frequently Asked Questions for Kotak Quant Fund Direct Growth
Kotak Quant Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.04% | 1.04% |
6 Month Returns | -4.43% | -4.43% |
1 Year Returns | 24.02% | 24.02% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- 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 Quant Fund Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Kotak Quant Fund Direct Growth | - | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Kotak Quant Fund Direct Growth | 1.34 | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Kotak Quant Fund Direct Growth | 16.71 | - | - |