Kotak India EQ Contra Fund Direct-Growth
(Scheme Rating)
NAV as of Aug 29, 2024
179.28-0.01%
- Growth - Direct
(Earn upto 1.32% Extra Returns with Direct Plan)
Fund Category:
Equity: Value Oriented
Expense Ratio:
0.56%(0.80% Category
average)Fund Size:
Rs. 3,760.40 Cr(2.00% of Investment in Category)
- Invest in MFADD TO PORTFOLIO
Kotak India EQ Contra Fund Direct-Growth
(Scheme Rating)
NAV as of Aug 29, 2024
179.28-0.01%
Expense Ratio:
0.56%
Fund Size:
Rs. 3,760.40 Cr
Fund Category:
Equity: Value Oriented
1. Current NAV: The Current Net Asset Value of the Kotak India EQ Contra Fund - Direct Plan as of Aug 29, 2024 is Rs 179.28 for Growth option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: 56.19% (1yr), 26.38% (3yr), 26.57% (5yr) and 18.99% (since launch). Whereas, Category returns for the same time duration are: 52.25% (1yr), 23.53% (3yr) and 25.14% (5yr).
3. Fund Size: The Kotak India EQ Contra Fund - Direct Plan currently holds Assets under Management worth of Rs 3760.4 crore as on Jul 31, 2024.
4. Expense ratio: The expense ratio of the fund is 0.56% for Direct plan as on Aug 19, 2024.
5. Exit Load: Kotak India EQ Contra Fund - Direct Plan shall attract an Exit Load, "Exit load of 1% if redeemed within 90 days."
6. Minimum Investment: Minimum investment required is Rs 100 and minimum additional investment is Rs 100. Minimum SIP investment is Rs 100.
Kotak India EQ Contra Fund Direct-Growth Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 1.22 12.16 21.95 55.80 26.35 26.80 Category Avg 1.27 12.71 19.80 51.88 23.52 25.28 Rank within Category 16 14 8 5 8 8 No. of funds within Category 31 31 31 30 22 20 - Loading...
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Return Comparison
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Kotak India EQ Contra Fund Direct-Growth Fund Details
Investment Objective - The scheme aims to generate capital appreciation from a diversified portfolio of equity and equity related instruments. It will invest in stocks of companies, which are fundamentally sound but are undervalued.
Fund House | Kotak Mahindra Mutual Fund |
Launch Date | Jan 01, 2013 |
Benchmark | Nifty 500 Value 50 Total Return Index |
Return Since Launch | 18.98% |
Riskometer | Very High |
Type | Open-ended |
Risk Grade | Below Average |
Return Grade | Average |
Kotak India EQ Contra Fund Direct-Growth Investment Details
Minimum Investment (Rs.) | 100.00 |
Minimum Additional Investment (Rs.) | 100.00 |
Minimum SIP Investment (Rs.) | 100.00 |
Minimum Withdrawal (Rs.) | 1,000.00 |
Exit Load Exit load of 1% if redeemed within 90 days. |
Portfolio Allocation
Asset Allocation
Asset Allocation History
Sector Allocation
Market Cap Allocation
Concentration & Valuation Analysis
JUL 2024 | JUN 2024 | MAY 2024 | APR 2024 | MAR 2024 | FEB 2024 | |
---|---|---|---|---|---|---|
Number of Holdings | 66 | 68 | 67 | 65 | 61 | 58 |
Top 5 Company Holdings | 19.4% | 18.77% | 16.87% | 18.44% | 19.59% | 19.62% |
Top 10 Company Holdings | 31.56% | 30.06% | 28.91% | 30.46% | 31.18% | 31.78% |
Company with Highest Exposure | HDFC Bank (5.52%) | HDFC Bank (5.51%) | ICICI Bank (4.61%) | ICICI Bank (5.01%) | ICICI Bank (5.15%) | HDFC Bank (4.53%) |
Number of Sectors | 16 | 15 | 14 | 14 | 14 | 14 |
Top 3 Sector Holdings | 45.26% | 45.36% | 44.19% | 46.78% | 45.16% | 46.61% |
Top 5 Sector Holdings | 63.15% | 62.03% | 61.16% | 62.58% | 61.72% | 64.05% |
Sector with Highest Exposure | Financial (22.59%) | Financial (24.64%) | Financial (22.79%) | Financial (24.56%) | Financial (24.8%) | Financial (24.64%) |
Top Stock Holdings
Sector Holdings in MF
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) HDFC Bank Financial 5.52 18.33 89.60 3.03 ICICI Bank Financial 4.16 18.67 65.91 26.26 Infosys Technology 3.81 30.19 64.20 36.38 Reliance Industries Energy 3.01 29.62 101.60 25.68 State Bank of India Financial 2.9 10.58 77.28 41.69 Tech Mahindra Technology 2.6 64.12 25.74 37.51 Hindustan Unilever Consumer Staples 2.56 63.44 43.98 10.26 Mphasis Technology 2.41 37.51 82.67 34.29 NTPC Energy 2.33 18.79 22.08 85.39 Bharti Airtel Communication 2.26 96.92 16.46 83.10
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Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y Kotak India EQ Contra Fund Direct-Growth 179.28 3,760.40 1.22 55.80 26.35 26.80 SBI Contra Direct Plan-Growth 429.51 37,845.69 1.21 47.57 31.22 33.76 ICICI Prudential Value Discovery Direct-Growth 508.14 48,805.97 2.41 46.67 28.18 28.68 HSBC Value Fund Direct-Growth 121.64 13,819.92 -0.10 53.57 28.03 28.27 JM Value Fund Direct Plan-Growth 121.59 985.91 1.08 61.22 32.73 30.82
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Standard Deviation
Standard Deviation
Standard deviation is the deviation of the fund's return around mean.
High Volatality
13.18VS13.12Fund Vs Category Avg
Beta
Beta
Beta shows the portfolio risk in relation to the market. A beta of less than 1 means that the fund returns are less volatile compared to the broader market. A beta of more than 1 means that the fund returns are more volatile than the broader markets. A beta equal to 1 means that fund's volatility is in line with the broader market.
High Volatality
0.95VS0.90Fund Vs Category Avg
Sharpe Ratio
Sharpe Ratio
Sharpe ratio is a risk adjusted performance measure. A fund with a higher Sharpe ratio is considered better than a fund with a lower Sharpe ratio.
Better risk-adjusted returns
1.49VS1.37Fund Vs Category Avg
Treynor's Ratio
Treynor's Ratio
Treynor is a risk adjusted performance measure. A fund with a higher Treynor ratio is considered better than a fund with a lower Treynor ratio.
Better risk-adjusted returns
20.56VS19.95Fund Vs Category Avg
Jensen's Alpha
Jensen's Alpha
Alpha shows the ability of the fund manager to outperform the market. A higher Alpha is preferred.
Better risk-adjusted returns
6.95VS5.92Fund Vs Category Avg
Mean Return
Mean Return
Average return generated by the fund during a specified period.
Better average monthly returns
25.12VS23.41Fund Vs Category Avg
Risk Ratio Chart
- Risk Ratio
- Category Average
Fund Manager
- S.S.Shibani Sircar KurianSince May 20194 schemes
Ms. Kurian has done PGDM (Specialization in Finance), BSc (Hons)-Economics Prior to joining Kotak AMC, she was working with Dawnay Day AV India Advisors Pvt Ltd and UTI AMC.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Kotak Focused Equity Fund Direct - Growth Flexi Cap 27.41 3,661.19 40.49 Kotak Technology Fund Direct - Growth Sectoral-Technology 12.63 Unrated 456.91 - Kotak Healthcare Fund Direct - Growth Sectoral-Pharma 13.43 Unrated 344.24 - Kotak Banking & Financial Services Fund Direct - Growth Sectoral-Banking 14.60 Unrated 931.42 26.77
More Kotak Mahindra Mutual Fund
Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
---|---|---|---|---|---|---|---|
Kotak Equity Arbitrage Fund Direct-Growth | 46,307.74 | 0.72 | 2.21 | 4.58 | 8.74 | 6.56 | |
Kotak Emerging Equity Fund Direct-Growth | 45,017.71 | 10.40 | 27.24 | 28.06 | 53.45 | 27.58 | |
Kotak Liquid Direct - Growth | 31,894.31 | 0.62 | 1.87 | 3.76 | 7.35 | 5.77 | |
Kotak Equity Opportunities Fund Direct-Growth | 22,329.12 | 6.76 | 20.03 | 26.60 | 48.80 | 25.47 | |
Kotak Money Market Fund Direct-Growth | 20,244.60 | 0.64 | 1.95 | 3.96 | 7.56 | 6.05 | |
Kotak Balanced Advantage Fund Direct - Growth | 15,830.08 | 3.61 | 7.82 | 10.86 | 21.43 | 12.95 | |
Kotak Small Cap Fund Direct-Growth | 15,282.62 | 8.97 | 24.94 | 21.90 | 46.11 | 25.65 | |
Kotak Bond Short Term Fund Direct-Growth | 14,949.40 | 0.74 | 1.99 | 4.05 | 7.48 | 5.86 | |
Kotak Savings Fund Direct-Growth | 12,840.69 | 0.64 | 1.93 | 3.87 | 7.40 | 5.94 | |
Kotak Corporate Bond Fund Direct-Growth | 12,541.10 | 0.70 | 1.97 | 4.05 | 7.45 | 5.87 |
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1. Kotak India EQ Contra Fund - Direct Plan is Open-ended Value Oriented Equity scheme which belongs to Kotak Mahindra Mutual Fund House.
2. The fund was launched on Jan 01, 2013.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme aims to generate capital appreciation from a diversified portfolio of equity and equity related instruments. It will invest in stocks of companies, which are fundamentally sound but are undervalued. "
2. It is benchmarked against Nifty 500 Value 50 Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 98.35% in equities, 0.0% in debts and 1.65% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 31.56% of the assets, the top 3 sectors constitute around 45.26% of the assets.
3. The fund largely follows a Growth oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on Kotak India EQ Contra Fund Direct-Growth
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
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FAQs about Kotak India EQ Contra Fund Direct-Growth
- Is it safe to invest in Kotak India EQ Contra Fund - Direct Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the Kotak India EQ Contra Fund - Direct Plan comes under Very High risk category.
- What is the category of Kotak India EQ Contra Fund - Direct Plan?Kotak India EQ Contra Fund - Direct Plan belongs to the Equity : Value Oriented category of funds.
- How Long should I Invest in Kotak India EQ Contra Fund - Direct Plan?The suggested investment horizon of investing into Kotak India EQ Contra Fund - Direct Plan is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the Kotak India EQ Contra Fund - Direct Plan?The Kotak India EQ Contra Fund - Direct Plan is managed by Deepak Gupta (Since Jan 01, 2017) and Shibani Sircar Kurian (Since May 09, 2019).
Date Sources: Mutual Funds, ETFs, and NPS data are sourced from Value Research. All times stamps are reflecting IST (Indian Standard Time). By using this site, you agree to the Terms of Service and Privacy Policy.