Holdings (450)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| Kotak Money Market Fund Direct-Growth | NA | Mutual Fund | 10.99% |
| Kotak Savings Fund Direct-Growth | NA | Mutual Fund | 5.44% |
| HDFC Bank Ltd. | Financial | Equity | 3.82% |
| Bharti Airtel Ltd. | Communication | Equity | 2.32% |
| Mahindra & Mahindra Ltd. | Automobile | Equity | 2.29% |
| Reliance Industries Ltd. | Energy | Equity | 2.26% |
| Axis Bank Ltd. | Financial | Equity | 2.24% |
| State Bank of India | Financial | Equity | 2.15% |
| ICICI Bank Ltd. | Financial | Equity | 1.97% |
| Eternal Ltd. | Services | Equity | 1.79% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 7.68% | 7.88% | 6.49% | 7.30% |
| Category Average | 6.71% | 6.82% | 5.46% | NA% |
| Rank Within Category | 6.00% | 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.