January 18, 2025
mayank
Kotak BSE Sensex Index Fund details, Fund Portfolio, Fund Returns, Peer Comparison, Mutual Fund Guidance @sahifund.com
Table of Contents:
- NFO Open date, Close date
- NFO Investment Strategy
- NFO Basic Details
- NFO Benchmark Index
- Performance Review of Fund Manager
- Should You Invest in this NFO?
- Invest Online
What is the Kotak BSE Sensex Index Fund Open Date, Close Date?
NFO opens on January 27, 2025
NFO will close on February 10, 2025
Investment Strategy for this NFO?
The scheme seeks to provide returns that, before expenses, corresponding to the total returns of the securities as represented by the underlying index, subject to tracking errors.
Basic Details
| Fund House | Kotak Mahindra Mutual Fund |
| Issue Open | 27 January 2025 |
| Issue Close | 10 February 2025 |
| Type | Open-ended |
| Category | Equity: Large Cap |
| Min. Investment(Rs) | 100 |
| Plans | Growth, IDCW |
| Lock-in Period | NA |
| Exit Load | 0 |
| Riskometer | Very High |
| Benchmark | BSE Sensex TRI |
About Benchmark Index for this NFO?
Eligible Universe:
The BSE SENSEX is India’s most tracked bellwether index. It is designed to measure the performance of the 30 largest, most liquid and financially sound companies across key sectors of the Indian economy that are listed at BSE Ltd. It was launched on 1st January 1986.
Methodology:
1. The index is derived from the constituents of the BSE 100. The inclusion of DVRs in the index will result in more than 30 stocks in the index. However, the number of companies in the index remains fixed at 30.
2. Stocks must have a listing history of at least six months at BSE and must have a derivative contract.
3. The stock must have traded on every trading day at BSE during the six-month reference period.
For complete details please view the Methodology document at
https://www.asiaindex.co.in/Downloads/BSE_Indices_Methodology.pdf
Quick Facts
| Launch Date | 1st January 1986 |
| First Vlaue Date | 3rd April 1979 |
| Base Value | 100 |
| Number of Constituents | 30 |
| Reconstitution Frequecy | Semiannually in June and December |
| Weighting Method | Float -adjusted market cap weighted |
| Index Universe | BSE 100 |
| Calculation Currencies | INR, USD |
Fund Managers of Kotak BSE Sensex Index 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 ).
2) Satish Dondapati
Education: Mr. Dondapati has done MBA Finance
Experience: Prior to joining Kotak Mutual fund he has worked with Centurian Bank Of Punjab, Bajaj Capital Ltd.
3) 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.
AMC
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
Review for Kotak BSE Sensex Index Fund @ sahifund.com by Paresh Gordhandas, C.A. & Research Analyst
[ A ] Benchmark Performance of BSE Sensex TRI
Performance
| INDEX LEVEL | RETURNS | ANNUALIZED RETURNS | ||||||
| 1 MO | 3 MOS | YTD* | 1 YR | 3 YRS | 5 YRS | 10 YRS | ||
| TOTAL RETURNS | 121164.19 | -2.08% | -7.15% | 9.49% | 9.49% | 11.71 % | 15.01% | 12.41% |
| PRICE RETURNS | 78139.01 | -2.08% | -7.31% | 8.17% | 8.17% | 10.28% | 13.63% | 11.01% |
Risk
| Index Level | Annualised Risk | ANNUALIZED RISK-ADJUSTED RETURNS | ||||||
| 1 YRS | 3 YRS | 5 YRS | 10 YRS | 1 YRS | 3 YRS | 5 YRS | 10 YRS | |
| Total Returns | 12.08% | 12.09% | 19.07% | 16.43% | 0.79 | 0.96 | 0.79 | 0.76 |
| Price Returns | 12.11% | 12.10% | 19.11% | 16.43% | 0.67 | 0.84 | 0.71 | 0.67 |
Fundamentals
| PE | PB | DIV. YIELD% |
| 22.66 | 4.03 | 1.16 |
Index Characteristics
| NUMBER OF CONSTITUENTS | – |
| CONSTITUENT MARKET CAP [INR CRORE] | |
| MEAN TOTAL MARKET CAP | 511295.66 |
| LARGEST TOTAL MARKET CAP | 1644792.28 |
| SMALLEST TOTAL MARKET CAP | 74805.3 |
| MEDIAN TOTAL MARKET CAP | 348398.24 |
| WEIGHT LARGEST CONSTITUENT [%] | 14.75 |
| WEIGHT TOP 10 CONSTITUENTS [%] | 66.72 |
Note on Benchmark Performance:
BSE Sensex is the most tracked index in India, and it has generated ample returns during last 5 years.
[ B ] Performance Review of the Fund Managers of this NFO
Past Performance of Devender Singhal
| Fund | Kotak Nifty 50 ETF | It’s Benchmark | Kotak Nifty 50 Value 20 ETF | It’s Benchmark |
| 1 Year | 8.85 | 11.04 | 13.83 | 11.87 |
| 3 Year | 9.39 | 11.06 | 13.25 | 12.20 |
| 5 Year | 14.54 | 15.97 | 20.36 | 17.70 |
| 7 Year | 12.73 | 13.16 | 16.85 | 13.50 |
| 10 Year | 11.59 | 12.48 | — | — |
As on 18-1-2025
Past Performance of Satish Dondapati
| Fund | Kotak BSE Sensex ETF | It’s Benchmark | Kotak Nifty 50 ETF | It’s Benchmark |
| 1 Year | 8.19 | 11.04 | 8.85 | 11.04 |
| 3 Year | 8.79 | 11.06 | 9.39 | 11.06 |
| 5 Year | 13.83 | 15.97 | 14.54 | 15.97 |
| 7 Year | 12.83 | 13.16 | 12.73 | 13.16 |
| 10 Year | 11.61 | 12.48 | 11.59 | 12.48 |
As on 18-1-2025
Past Performance of Abhishek Bisen
| Fund | Kotak Equity Hybrid Fund | It’s Benchmark | Kotak Equity Savings Fund | It’s Benchmark |
| 1 Year | 19.05 | 11.29 | 11.75 | 9.09 |
| 3 Year | 13.96 | 11.16 | 11.52 | 8.37 |
| 5 Year | 18.22 | 15.39 | 11.88 | 10.42 |
| 7 Year | 14.36 | 12.27 | 10.43 | 9.24 |
| 10 Year | 13.87 | 12.15 | 10.15 | 8.93 |
As on 18-1-2025
Note on Fund Managers’ performance
The past performance of the fund managers associated with this scheme can influence the scheme’s future performance. We have randomly selected schemes managed by various fund managers for review. Upon evaluation, we found that the past performance of schemes managed by Devender Singhal has not been particularly impressive. Similarly, the schemes managed by Satish Dondapati have not generated significant returns either. Performance of the schemes managed by Abhishek Bisen is impressive and have generated positive returns above respective Benchmark index.
[ C ] Conclusion
In the short term, BSE Sensex and Nifty are expected not to provide positive returns due to various economic and other geopolitical factors. However Amon
Is it good to invest in Kotak BSE Sensex Index NFO?
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