Holdings (396)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| Kotak Money Market Fund Direct-Growth | NA | Mutual Fund | 10.48% |
| Kotak Savings Fund Direct-Growth | NA | Mutual Fund | 5.4% |
| HDFC Bank Ltd. | Financial | Equity | 4.28% |
| ICICI Bank Ltd. | Financial | Equity | 3.31% |
| Reliance Industries Ltd. | Energy | Equity | 2.57% |
| Bharti Airtel Ltd. | Communication | Equity | 2.35% |
| Infosys Ltd. | Technology | Equity | 2.18% |
| Mahindra & Mahindra Ltd. | Automobile | Equity | 1.92% |
| NTPC Ltd. | Energy | Equity | 1.72% |
| State Bank of India | Financial | Equity | 1.71% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 7.80% | 7.69% | 6.35% | 7.30% |
| Category Average | 6.80% | 6.64% | 5.33% | NA% |
| Rank Within Category | 3.00% | 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
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
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.