FAQ : Kotak India EQ Contra Fund - Growth - Direct Plan

Kotak India EQ Contra Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 48.04 23.51 22.26 16.33
Average Rolling Returns(%) 19.21 16.74 15.45 16.35

The Current NAV of Kotak India EQ Contra Fund - Growth - Direct Plan is ₹148.32.

You can consider SIP in Kotak India EQ Contra Fund - Growth - Direct Plan as it has consistently outperformed the benchmark and has a Somewhat Good quality portfolio. Funds returns likely to be fairly different than its benchmark NIFTY 50 - TRI , as Funds portfolio is somewhat different.

Kotak India EQ Contra Fund - Growth - Direct Plan fund’s expense ratio is 0.63%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of Kotak India EQ Contra Fund - Growth - Direct Plan is currently ₹2,567 Crores.

The Top three stocks are HDFC Bank, ICICI Bank and Reliance Industries and account for 13% of its portfolio. Top 5 and 10 stocks of fund account for 20% and 32% of fund’s portfolio respectively.

Top three sectors of Kotak India EQ Contra Fund - Growth - Direct Plan fund are BFSI, Auto and Construction & Infrastructure accounting for 50% of the total portfolio.

Funds Portfolio Quality is Somewhat Good. It has a large proportion of Green and Orange Stocks.Since this is a Equity - Contra Fund it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of Kotak India EQ Contra Fund - Growth - Direct Plan Fund is Equity - Contra Fund.

Shibani Kurian manages the Kotak India EQ Contra Fund - Growth - Direct Plan Fund.

Kotak India EQ Contra Fund - Growth - Direct Plan current PE ratio is 32.71 and PB ratio is 4.73

The asset allocation of Kotak India EQ Contra Fund - Growth - Direct Plan is Stocks : 96.77%, Debt : 3.21% and Gold : 0%

The minimum SIP amount for Kotak India EQ Contra Fund - Growth - Direct Plan is ₹100.00 and minimum lumpsum is ₹100.00

The exit load for Kotak India EQ Contra Fund - Growth - Direct Plan is 1% on or before 90 days, Nil after 90 days

© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.