Kotak Technology Fund Direct Growth
Equity
Direct
Sector - Technology
NAV as on 20-12-2024
₹ 12.85
1D
Inception Returns
28.5%
/yr
About Kotak Technology Fund Direct Growth
Kotak Technology Fund Direct Growth is an equity fund. This fund was started on 4 March, 2024. The fund is managed by Shibani Kurian, Abhishek Bisen. The fund could potentially beat inflation in the long-run.
Key Parameters
- Kotak Technology Fund Direct Growth has ₹586 Cr worth of assets under management (AUM) as on Nov 2024 and is less than category average.
- The fund has an expense ratio 1.
Returns
Kotak Technology Fund Direct Growth has given a CAGR return of 28.49% since inception.
Holdings
Kotak Technology Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Tech, Communication, Consumer Cyclical, Industrial. Its top holdings are Infosys Ltd, Bharti Airtel Ltd, Tata Consultancy Services Ltd, Tech Mahindra Ltd, Zomato Ltd
Taxation
As it is a sector - technology 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 Technology Fund Direct Growth
The investment objective of the scheme is to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related securities of Technology & technology related sectors.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Kotak Technology Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
▲
▼
1081 people have invested ₹ 31.5L in Kotak Technology Fund Direct Growth in the last three months
Kotak Technology Fund Direct Growth Overview
| Expense ratio | 0.96% |
Benchmark | S&P BSE IT |
| AUM | ₹586 Cr |
| Inception Date | 4 March, 2024 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 1.55% |
| 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 (20-Dec-24)
Fund Distribution
as on (30-Nov-24)
Large cap
66.8%
Mid cap
15.6%
Small cap
8.7%
Sector Allocation
Tech
69.4%
Communication
20.3%
Consumer Cyclical
9.3%
Industrial
1%
All changes are between Sep'24 and Nov'24
- This fund’s returns stands at 4.71% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.60% as on Nov'24
- This fund outperformed Nifty 500 by 5.31% in Nov'24
- AUM of the fund stands at 550.8 Cr as of Nov'24
- AUM decreased by 6.9 Cr between Nov'24 and Oct'24
Small Cap allocation has gone down from 10.1% to 8.7%
Mid Cap allocation has gone up from 15.2% to 15.6%
Large Cap allocation has gone up from 64.8% to 66.8%
Cash allocation has gone down from 4.1% to 2.2%
Top 3 Sectors in November were Tech, Communication & Consumer Cyclical
Nov'24
Tech
69%
Communication
20%
Consumer Cyclical
9%
Oct'24
Tech
68%
Communication
21%
Consumer Cyclical
11%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Infosys Ltd | 21% | 1.1% | |
 Bharti Airtel Ltd | 12.66% | 0% | |
 Tata Consultancy Services Ltd | 9.08% | 0% | |
 Tech Mahindra Ltd | 7.81% | 2.5% | |
 Zomato Ltd | 5.46% | 0% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 Zomato Ltd | 8.1% |
 Infosys Ltd | 6.1% |
 Tata Consultancy Services Ltd | 4.9% |
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Shibani Kurian
Fund Manager of Kotak Technology Fund Direct Growth, since 4 March 2024
Top funds managed
Abhishek Bisen
Fund Manager of Kotak Technology Fund Direct Growth, since 4 March 2024
Top funds managed
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
Kotak Technology 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 returns of 28.49% since inception (4th March 2024)
Fund Allocations
This fund has an allocation of 97.82% in Equity, 0% in Debt and 2.18% in Cash related instruments
AUM size ₹586 Cr
This fund has AUM of ₹586 Cr which is less than its category average of ₹ 3040 Cr
Expense Ratio 0.96%
This fund has an expense ratio of 0.96% which is less than its category average expense ratio of 1.26%
Frequently Asked Questions for Kotak Technology Fund Direct Growth
The current NAV of Kotak Technology Fund Direct Growth is ₹12.85 as on 20-Dec-2024.
Existing (Absolute + CAGR) as on 20-Dec-2024.
Kotak Technology Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 5.1% | 5.1% |
6 Month Returns | 23.43% | 23.43% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
With INDmoney, the process of investing is very simple and involves zero commission.
- 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.
0.96% as on November 2024
₹586 Cr as on November 2024
Infosys Ltd(21%), Bharti Airtel Ltd(12.66%), Tata Consultancy Services Ltd(9.08%), Tech Mahindra Ltd(7.81%), Zomato Ltd(5.46%) as on November 2024
Tech(67.92%), Communication(19.89%), Consumer Cyclical(9.08%) as on November 2024
The alpha ratio for the Kotak Technology Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Kotak Technology Fund Direct Growth | - | - | - |
As on November 2024
The alpha for Kotak Technology Fund Direct Growth is calculated against S&P BSE IT. 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 Technology Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Kotak Technology Fund Direct Growth | - | - | - |
As on November 2024
The Beta for Kotak Technology Fund Direct Growth is calculated with S&P BSE IT. 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 Technology Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Kotak Technology Fund Direct Growth | - | - | - |
As on November 2024
The sharpe ratio for Kotak Technology Fund Direct Growth is calculated with S&P BSE IT. 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 Technology Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Kotak Technology Fund Direct Growth | - | - | - |
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.
Shibani Kurian, Abhishek Bisen are the fund managers of Kotak Technology Fund Direct Growth
The Exit load of Kotak Technology Fund Direct Growth is 1%