October 20, 2023
mayank
Kotak Consumption Fund NFO Fund details, Fund Portfolio, Fund Returns, Peer Comparison, Mutual Fund Guidance @chanakyamfguidance
NFO opens on October 25, 2023
NFO will close on November 08, 2023
(Our detailed Guidance is given at the bottom of the Page)
Kotak Consumption Fund NFO 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 companies engaged in consumption and consumption related activities.
Basic Details
| Fund House | Kotak Mahindra Mutual Fund |
| Issue Open | 25 October 2023 |
| Issue Close | 08 November 2023 |
| Type | Open-ended |
| Category | Equity: Thematic-Consumption |
| Min. Investment(Rs) | 5,000 |
| Plans | Growth, IDCW |
| Lock-in Period | NA |
| Exit Load | 1% for redemption Within 30 days |
| Riskometer | Very High |
| Benchmark | NIFTY India Consumption TRI |
Benchmark Index of Kotak Consumption Fund NFO
The Nifty India Consumption Index is designed to reflect the behaviour and performance of a diversified portfolio of companies representing the domestic consumption sector which includes sectors like Consumer Non-durables, Healthcare, Auto, Telecom Services, Pharmaceuticals, Hotels, Media & Entertainment, etc. The Nifty India Consumption Index comprises of 30 companies listed on the National Stock Exchange (NSE).
At the time of rebalancing of shares/ change in index constituents/ change in investible weight factors (IWFs), the weightage of the index constituent (where applicable) is capped at 10%. Nifty India Consumption 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 India Consumption Total Returns Index.
Past Performance of Benchmark Index
| Index Returns (%) | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | 1.70 | 11.99 | 7.46 | 12.03 | 12.78 |
| Total Return | 1.99 | 12.84 | 8.41 | 13.33 | 14.15 |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | 9.81 | 17.49 | 19.38 |
| Beta (NIFTY 50) | 0.72 | 0.78 | 0.80 |
| Correlation (NIFTY 50) | 0.75 | 0.86 | 0.90 |
Fundamentals
| P/E | P/B | Dividend Yield |
| 40.94 | 7.26 | 1.12 |
Top constituents by weightage
| Company’s Name | Weight(%) |
| Bharti Airtel Ltd. | 10.23 |
| ITC Ltd. | 10.12 |
| Hindustan Unilever Ltd. | 10.03 |
| Asian Paints Ltd. | 6.60 |
| Maruti Suzuki India Ltd. | 6.54 |
| Mahindra & Mahindra Ltd. | 6.45 |
| Titan Company Ltd. | 6.09 |
| Nestle India Ltd. | 3.72 |
| Bajaj Auto Ltd. | 2.66 |
| Avenue Supermarts Ltd. | 2.55 |
Fund Manager of Kotak Consumption Fund NFO
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 Multi Asset Allocator FoF – Dynamic | It’s Benchmark | Kotak Nifty 50 ETF | It’s Benchmark |
| 1 Year | 22.83 | 12.39 | 13.00 | 13.69 |
| 3 Year | 21.54 | 17.34 | 19.46 | 20.62 |
| 5 Year | 18.21 | 13.76 | 14.86 | 15.30 |
| 7 Year | 15.18 | 12.52 | 13.55 | 13.74 |
| 10 Year | 16.74 | 12.48 | 13.12 | 14.07 |
2) 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 Bond Fund | It’s Benchmark | Kotak Equity Hybrid Fund | It’s Benchmark |
| 1 Year | 5.68 | 6.57 | 14.32 | 12.39 |
| 3 Year | 3.65 | 4.04 | 20.00 | 17.34 |
| 5 Year | 6.70 | 5.86 | 15.97 | 13.76 |
| 7 Year | 5.39 | 5.48 | 11.79 | 12.52 |
| 10 Year | 6.96 | 6.63 | 13.11 | 12.48 |
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 of Kotak Consumption Fund NFO
Computer Age Management Services Ltd.
Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai – 600002
Website: www.camsonline.com
Guidance for Kotak Consumption Fund NFO by Paresh Gordhandas, C.A., Research Analyst.
When the whole world is betting on India’s consumption story, it makes sense for us as Indians to also bet on ourselves. While the urban demand is picking up slowly, rural demand is also expected to follow soon. With the aspiration level of Indians across the country going up fast, demand for Consumer Non-durables, Healthcare, Auto, Telecom Services, Pharmaceuticals, Hotels, Media & Entertainment etc is also expected to go up fast.
While generally, a thematic fund is not advisable (as compared to a flexi cap or a multicap), we recommend a small investment in this fund.
The performance of the Fund Managers – Mr. Devender Singhal and Mr. Abhishek Bisen is also good.
This fund can be compared to the ICICI Prudential Bharat Consumption Fund, Nippon India Consumption Fund and Mirae Asset Great Consumer Fund among others.
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