September 19, 2024
mayank
Kotak MNC 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 MNC Fund Open Date, Close Date?
NFO opens on October 07, 2024
NFO will close on October 21, 2024
What is the Investment Strategy?
The scheme is to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related securities of multi-national companies (MNC).
Basic Details
| Fund House | Kotak Mahindra Mutual Fund |
| Issue Open | 07 October 2024 |
| Issue Close | 21 October 2024 |
| Type | Open-ended |
| Category | Equity: Thematic-MNC |
| 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 MNC TRI |
What is the Benchmark Index of Kotak MNC Fund?
The Nifty MNC Index comprises 30 listed companies on National Stock Exchange (NSE) in which the foreign promoter shareholding is over 50%.
Nifty MNC 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 market capitalization value
Nifty MNC Index can be used for a variety of purposes such as benchmarking fund portfolios, launching of index funds, ETFs and structured products.
Index Variant: Nifty MNC Total Returns Index.
Past Performance of Benchmark Index
| Index Returns (%) | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | 2.02 | 27.95 | 41.27 | 20.17 | 12.26 |
| Total Return | 2.46 | 28.89 | 42.61 | 21.69 | 13.94 |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | 12.72 | 16.79 | 20.02 |
| Beta (NIFTY 50) | 0.75 | 0.73 | 0.70 |
| Correlation (NIFTY 50) | 0.78 | 0.84 | 0.80 |
Fundamentals
| P/E | P/B | Dividend Yield |
| 46.8 | 10.65 | 1.41 |
Top constituents by weightage
| Company’s Name | Weight(%) |
| Hindustan Unilever Ltd. | 11.00 |
| Maruti Suzuki India Ltd. | 9.86 |
| Nestle India Ltd. | 8.51 |
| Vedanta Ltd. | 7.51 |
| Britannia Industries Ltd. | 6.59 |
| Siemens Ltd. | 5.85 |
| Cummins India Ltd. | 4.85 |
| Colgate Palmolive (India) Ltd. | 4.63 |
| United Spirits Ltd. | 4.09 |
| ABB India Ltd. | 4.01 |
Performance Review of the Fund Managers of Kotak MNC Fund?
1) Abhishek Bisen
Education: Mr. Bisen is a BA and MBA in Finance.
Experience: Prior to joining Kotak AMC, he was working with Securities Trading Corporation Of India Ltd where he was looking at Sales & Trading of Fixed Income Products apart from doing Portfolio Advisory. His earlier assignments also include 2 years of merchant banking experience with a leading merchant banking firm.
Past Performance of his Schemes
| Fund | Kotak Multicap Fund | It’s Benchmark | Kotak Nifty Alpha 50 ETF | It’s Benchmark |
| 1 Year | 52.26 | 36.50 | 66.12 | 31.99 |
| 3 Year | — | — | — | — |
| 5 Year | — | — | — | — |
| 7 Year | — | — | — | — |
| 10 Year | — | — | — | — |
As on 19-09-2024
2) Dhananjay Tikariha
Education: Mr. Tikariha has done B.Tech, M. Tech from IIT Madras and PGDM (Finance & Marketing) from IIM Lucknow
Experience: Prior to joining Kotak Mahindra Mutual Fund, he has worked with IDFC First Bank
Past Performance of his Schemes
| Fund | Kotak Healthcare Fund | It’s Benchmark |
| 1 Year | — | — |
| 3 Year | — | — |
| 5 Year | — | — |
| 7 Year | — | — |
| 10 Year | — | — |
As on 19-09-2024
3) Harsha Upadhyaya
Education: Mr. Upadhyaya is a B.E (Mechanical) from NIT Suratkal, PGDM from IIM Lucknow and CFA from the CFA Institute, USA..
Experience: Prior to joining Kotak Mutual fund he has worked with DSP Mutual Fund and UTI AMC.
Past Performance of his Schemes
| Fund | Kotak Equity Opportunities Fund | It’s Benchmark | Kotak ELSS Tax Saver | It’s Benchmark |
| 1 Year | 40.25 | 34.87 | 37.00 | 36.50 |
| 3 Year | 20.81 | 17.05 | 19.53 | 17.85 |
| 5 Year | 25.02 | 22.06 | 23.77 | 23.27 |
| 7 Year | 17.14 | 16.06 | 16.54 | 16.42 |
| 10 Year | 16.94 | 14.64 | 16.35 | 15.15 |
As on 19-09-2024
Which Company Owns Kotak MNC 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 MNC Fund NFO?
Guidance for Kotak MNC Fund by Paresh Gordhandas, C.A., Research Analyst.
Multinational companies, with their global presence, strong brands and research and development capabilities, often have some advantage over domestic companies. Kotak MNC Fund focuses on investing in multinational companies that are known for their strong global brand presence, advanced operations, leverage on advanced technology, strong management quality and financial strength. These companies have presence in diverse sectors and have significant international business exposure.
This fund offers investors a diversified portfolio that takes advantage of the long-term growth potential of these well-established global companies.
The fund will invest in companies of different market caps i.e. largecap, midcap and smallcap.
This fund can generate good returns if held for the longer duration. The Fund Managers of this Fund also have a good track record in generating returns. Can invest.
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