Kotak India EQ Contra Fund - Direct Plan

Scheme Type
Open-ended
Scheme Category
Large Cap
Benchmark Type
Nifty 500 Index
Scheme AUM (in Crs.)
₹ 423.85
Expense Ratio
1.76%
Scheme Class
Equity
AMC AUM (in Crs.)
₹ 134412
Min Subscription
₹ 5000
Min Addition Subscription
₹ 1000
Performance
Comparison
Portfolio
Details
Analysis
53.025
(0.63 %)
NAV as on 2018-11-19
Returns
Fund
Kotak India EQ Contra Fund - Direct Plan
1 Year
5.44%
3 Year
15.5%
5 Year
16.94%
AMC Details
amc launch date
Launch Date
23 Jun 1998
amc sponsor
Sponsor
NA
amc email
Email
fundaccops@kotakmutual.com
amc phone
Phone
022 - 66384444
amc address
Address
27 BKC, C-27, G Block, Bandra Kurla Complex, Bandra East Mumbai 400051
Tax Implications
Short Term Capital Gain (Holding period < 12months):
17.16% - 17.94%
(15% + Surcharge @ 10%-15% + 4% Health & Education Cess.)
Long Term Capital Gain:
10% without indexation & without foreign currency conversion benefit + Surcharge @10%-15% + 4% Health & Education Cess
Taxation on Dividends:
10%
(Dividend Distribution Tax is paid by the mutual funds and not by investors.)
Risk
Moderately High
Exit Load
Exit load of 1% if redeemed within 1 year
Scheme Information Document (SID)
Read mutual fund scheme information document on AMC website to know fund information in detail.
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.
Suitability
This product is suitable for investors who are seeking
• long term capital growth
• Investment in portfolio of predominantly equity & equity related securities
Fund Analysis
A veteran in the category, has proved its worth while continuously giving consistent returns over time. Takes on extra risk as compared to its benchmark by including around 15% of midcaps which as an investment mandate is understood to generate alpha. However, would be interesting to see how does Deepak Gupta who has taken the charge from early 2017 strategizes the further growth, expecially after the recatergorization of Kotak Select Focus as a MultiCap.
SIP/Lump Sum Calculator
Enter Investment Amount
For how many years?
0.5 Yrs
1,000
Investment per month for 0.5 Years
6,096
Portfolio Value
96
Total Returns