Holdings (392)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| Kotak Money Market Fund Direct-Growth | NA | Mutual Fund | 11.35924576% |
| Kotak Savings Fund Direct-Growth | NA | Mutual Fund | 4.83558467% |
| HDFC Bank Ltd. | Financial | Equity | 3.07150908% |
| ICICI Bank Ltd. | Financial | Equity | 2.48745482% |
| Eternal Ltd. | Services | Equity | 2.04194193% |
| Reliance Industries Ltd. | Energy | Equity | 1.84249398% |
| Shriram Finance Ltd | Financial | Equity | 1.79302789% |
| ITC Ltd. | Consumer Staples | Equity | 1.72347705% |
| Mahindra & Mahindra Ltd. | Automobile | Equity | 1.69759215% |
| JSW Steel Ltd. | Metals & Mining | Equity | 1.66674843% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 6.49% | 7.29% | 6.02% | 7.05% |
| Category Average | 6.20% | 6.90% | 5.59% | NA% |
| Rank Within Category | 8.00% | 1.00% | 1.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 1.05%
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.