INF174K01245

CASPeR Ranking #10

Kotak India EQ Contra Fund Growth

Very High Risk Contra Equity

NAV (Mon Sep 09 2024)

₹153

Returns (Since Inception)

22.97%

Category Average

24.89%

Rating

NA

Allocation and Holdings

Asset class

Weightage

Financial Services

12.59%

Technology

8.82%

Energy

3.01%

Consumer Defensive

2.56%

Utilities

2.33%

Communication Services

2.26%

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Overall rating

100K+Downloads

Scheme Information

Fund name

Kotak India EQ Contra Fund Growth


Minimum SIP

100


Risk Level

Very High Risk


AUM

₹3760.40 Cr


ISIN

INF174K01245


Inception Date

Jul 27 2005


Standard Deviation

13.073


Beta

0.98


Sharpe Ratio

1.299


Benchmark

IISL Nifty 500 TR INR


Expense Ratio

1.880%


Exit Load

For redemption / switch out of upto 10%of the initial investment amount (limit) purchased or switched in within 1 year from the date of allotment: Nil. If units redeemed or switched out are in excess of the limit within 1 year from the date of allotment: 1%. If units are redeemed or switched out on or after 1 year from the date of allotment: NIL

Risk

Very High Risk

Investment Objective

The investment objective of the scheme is to generate capital appreciation from a diversified portfolio of equity and equity related instruments. The Scheme will invest in stocks of companies, which are fundamentally sound but are undervalued. Undervalued stocks are stocks of those companies whose true long term potential is not yet recognised by the market. At times, the broad market takes time to appreciate the long-term potential of some fundamentally sound companies. Stocks of such companies are traded at prices below their intrinsic value and are regarded as undervalued stocks. We believe that, over a period of time, the price of a stock reflects the intrinsic value of the underlying company. Thus, the moving up of the price of the undervalued stock towards its intrinsic value will help us generate capital appreciation for investors. However, there can be no assurance that the investment objective of the Scheme will be achieved.

Fund Managers

Shibani Kurian

About the AMC

Kotak Mahindra Asset Management Co Ltd


Phone Number

+91 22 61152100


Corporate Office Address

Kotak Mahindra Asset management Company Limited,2nd Floor, 12-BKC, Plot No C-12,G Block, BKC, Bandra (East),Mumbai - 400 051

Overall AUM

₹3760.40 Cr


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frequently asked questions

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What is the current NAV of Kotak India EQ Contra Fund Growth?

The NAV of Kotak India EQ Contra Fund Growth is ₹153 as of Mon Sep 09 2024.

Net asset value, or NAV for short, is a mutual fund's cost per unit. Consider it the share price of a stock, but one that represents the total worth of all the investments made by the fund. This value affects how much you pay to invest or receive when redeeming units, and it changes every day based on changes in the market. Gaining insight into NAV enables you to evaluate a fund's performance and make wise investment choices.

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Who is the fund manager of Kotak India EQ Contra Fund Growth?

Shibani Kurian is the current fund manager of Kotak India EQ Contra Fund Growth as on Tue Sep 10 2024. A fund manager's performance history, investment style and strategy, approach to risk management, tenure and experience, fees and charges, and alignment with investor goals all have an impact on the fund performance.

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What is the expense ratio of Kotak India EQ Contra Fund Growth?

The Expense Ratio of Kotak India EQ Contra Fund Growth is 188.00% as of Tue Sep 10 2024 which means if you earn ₹50,000 worth returns on an investment in this fund then 188.00% of those returns will be retained by the AMC.

The annual fees you pay the mutual fund firm to manage your investments in that fund are known as the Expense Ratio. The Expense Ratio is deducted from the returns that the fund generates and expressed as a percentage of Assets Under Management (AUM).

Because a smaller portion of the gains will be retained, a fund with a lower expense ratio is always preferable because it will result in larger returns for you.

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What is the minimum SIP amount of Kotak India EQ Contra Fund Growth?

The minimum Systematic Investment Plan (SIP) amount required for Kotak India EQ Contra Fund Growth is ₹100. A Systematic Investment Plan (SIP) is an investment approach in mutual funds where an investor selects a mutual fund scheme and invests a fixed amount at regular intervals. The SIP investment strategy involves investing a small amount consistently over time, as opposed to investing a large sum in a single instance. This method aims to potentially yield higher returns over the long term by leveraging the benefits of rupee cost averaging and compounding.

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What is the minimum lump sum amount required to invest in Kotak India EQ Contra Fund Growth?

To initiate a lump sum investment in Kotak India EQ Contra Fund Growth, a minimum initial amount of ₹100 is necessary. This means that to participate in this investment option, investors must commit a starting sum of at least INR 5000. A lumpsum investment is a common approach to investing money in financial instruments such as mutual funds. This method involves investing a substantial sum of money in a financial instrument in a single transaction, as opposed to making multiple smaller payments over time.

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What is risk category of the Kotak India EQ Contra Fund Growth?

In accordance with SEBI regulations, mutual funds are required to disclose the risk associated with investing, categorized into five levels: (a) Low: Low risk to principal, (b) Moderately Low: Moderately low risk to principal, (c) Moderate: Moderate risk to principal, (d) Moderately High: Moderately high risk to principal, (e) High: High risk to principal. The risk category of Kotak India EQ Contra Fund Growth is classified as Very High Risk.

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What is the category of Kotak India EQ Contra Fund Growth?

The category of the Kotak India EQ Contra Fund Growth is Equity.

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