June 1, 2024
mayank
Kotak Special Opportunities Fund details, Fund Portfolio, Fund Returns, Peer Comparison, Mutual Fund Guidance @chanakyamfguidance
Table of Contents:
- NFO Open date, Close date
- NFO Investment Strategy
- NFO Basic Details
- NFO Benchmark Index
- Past Performance of NFO Benchmark Index
- Performance Review of Fund Manager
- Should You Invest in this NFO?
- Invest Online
What is the Kotak Special Opportunities Fund Open Date, Close Date?
NFO opens on June 10, 2024
NFO will close on June 24, 2024
What is the Investment Strategy?
The scheme seeks to generate long term capital appreciation by investing predominantly in opportunities presented by Special Situations such as Company Specific Event/Developments, Corporate Restructuring, Government Policy change and/or Regulatory changes, Technology led Disruption/ Innovation or companies going through temporary but unique challenges and other similar instances.
Basic Details
| Fund House | Kotak Mahindra Mutual Fund |
| Issue Open | 10 June 2024 |
| Issue Close | 24 June 2024 |
| Type | Open-ended |
| Category | Equity: Thematic |
| Min. Investment(Rs) | 100 |
| Plans | Growth, IDCW |
| Lock-in Period | NA |
| Exit Load | For units in excess of 10% of the investment, 1% will be charged for redemption within 1 year |
| Riskometer | Very High |
| Benchmark | NIFTY 500 TRI |
What is the Benchmark Index of Kotak Special Opportunities Fund?
The Nifty 500 index represents top 500 companies selected based on full market capitalization from the eligible universe.
Nifty 500 Index is computed using free float market capitalization method, wherein the level of the index reflects the total free float market value of all the stocks in the index relative to particular base period. Nifty 500 can be used for a variety of purposes such as benchmarking fund portfolios, launching of index funds, ETFs and structured products.
Index Variants: Nifty 500 Total Returns Index, Nifty500 Industry Indices.
Past Performance of Benchmark Index
| Index Returns (%) | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | 4.19 | 8.62 | 33.85 | 16.57 | 10.92 |
| Total Return | 4.42 | 9.04 | 35.17 | 17.85 | 12.63 |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | 10.60 | 18.34 | 22.37 |
| Beta (NIFTY 50) | 0.98 | 0.95 | 0.93 |
| Correlation (NIFTY 50) | 0.94 | 0.98 | 0.95 |
Fundamentals
| P/E | P/B | Dividend Yield |
| 24.48 | 4.25 | 1.08 |
Top constituents by weightage
| Company’s Name | Weight(%) |
| HDFC Bank Ltd. | 6.78 |
| Reliance Industries Ltd. | 5.70 |
| ICICI Bank Ltd. | 4.64 |
| Infosys Ltd. | 2.96 |
| Larsen & Toubro Ltd. | 2.55 |
| ITC Ltd. | 2.23 |
| Tata Consultancy Services Ltd. | 2.19 |
| Bharti Airtel Ltd. | 2.10 |
| Axis Bank Ltd. | 1.94 |
| State Bank of India | 1.88 |
Performance Review of the Fund Manager of Kotak Special Opportunities Fund?
1) Devender Singhal
Education: Mr. Singhal has done B.A. (Maths) from Delhi University and PGDM, Finance from Fore School of Management, Delhi.
Experience: Prior to joining Kotak Mahindra AMC , he has worked with Kotak Securities Ltd.(July 2007 — January 2009) ,Religare (February 2006 — June 2007), Karvy (July 2004 — January 2006), P N Vijay Financial Services Pvt Ltd(2001 — 2004) and Dundee Mutual Fund( Summer Trainee ) (May 2000 — June 2000 ).
Past Performance of his Schemes
| Fund | Kotak Nifty 50 Value 20 ETF | It’s Benchmark | Kotak Nifty PSU Bank ETF | It’s Benchmark |
| 1 Year | 30.38 | 27.36 | 83.61 | 12.52 |
| 3 Year | 18.64 | 16.09 | 45.91 | 12.30 |
| 5 Year | 18.98 | 16.09 | 17.98 | 10.21 |
| 7 Year | 18.60 | 14.80 | 11.08 | 11.76 |
| 10 Year | — | — | 7.43 | 13.38 |
As on 1-06-2024
Which Company Owns Kotak Special Opportunities Fund?
Kotak Mahindra Asset Management Company Ltd
Address: The Capital Building, Behind ICICI Bank, G Block BKC, Bandra Kurla Complex Bandra (E) Mumbai – 400051
Website: https://www.kotakmf.com/
Registrar & Transfer Agent:
Computer Age Management Services Ltd.
Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai – 600002
Website: www.camsonline.com
Is it good to invest in Kotak Special Opportunities Fund NFO?
Guidance for Kotak Special Opportunities Fund by Paresh Gordhandas, C.A., Research Analyst.
The Kotak Special Opportunities Fund can be compared to the ABSL Special Opportunities Fund ( 3 year return 19.05%) and Axis Special Situations Fund (3 year return 16.35%). It will also be in direct competition with WhiteOak Special Opportunities Fund and the Samco Special Opportunities Fund launched in May 2024. Compared to multi-cap and flexi-cap funds, a special opportunities fund has a narrow mandate and a the selection universe is big. Hence, the role of the Fund Manager is very crucial.
However, the returns will be lower compared to the additional risk being taken by an investor. Hence, this type of Fund would be advisable for an investor who already has holdings in the standard mutual fund offerings and is looking to diversify. A small amount can be invested.
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