Holdings (456)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| Kotak Money Market Fund Direct-Growth | NA | Mutual Fund | 12.07651466% |
| Kotak Savings Fund Direct-Growth | NA | Mutual Fund | 4.98972892% |
| Kotak Liquid - Plan A - Direct Plan-Growth | NA | Mutual Fund | 4.98335259% |
| HDFC Bank Ltd. | Financial | Equity | 4.11123008% |
| Reliance Industries Ltd. | Energy | Equity | 3.59094697% |
| ICICI Bank Ltd. | Financial | Equity | 3.33488491% |
| Axis Bank Ltd. | Financial | Equity | 3.23779783% |
| Eternal Ltd. | Services | Equity | 2.04675336% |
| JSW Steel Ltd. | Metals & Mining | Equity | 1.70166831% |
| Bharti Airtel Ltd. | Communication | Equity | 1.62445226% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 7.37% | 7.83% | 6.53% | 7.30% |
| Category Average | 6.39% | 6.76% | 5.45% | NA% |
| Rank Within Category | 4.00% | 2.00% | 2.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.44%
Inclusive of GST
Exit load
Exit load of 0.25% if redeemed within 30 days
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Fund management
Education
Mr. Shah is a Masters in Management Studies (Finance) from Mumbai University.
Experience
Prior to joining Kotak Mahindra Mutual fund, he was associated with Edelweiss Asset Management for more than 8 years as a CoFund manager and Chief dealer in equities segment. He was also associated with Edelweiss securities Ltd. as low risk arbitrage trader for more than 3 years.