August 5, 2022
mayank
Kotak Global Innovation FoF Guidance
NAV Growth : Rs 7.5420
NAV IDCW : Rs 7.5420
Suitable For Which Investors ?
This is a fund that invests mainly in shares of foreign companies. When you invest for five years or more, you can expect gains that beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.
International equity funds are suitable to invest a part of your money in for diversification, so that if the Indian markets are going through a sharp correction, a portion of your money is insulated. But make sure you invest in a fund that has a broad mandate of investing in companies of different sizes, sectors and countries.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy :
The scheme seeks to provide long-term capital appreciation by investing in units of Wellington Global Innovation Fund or any other similar overseas mutual fund schemes/ETFs.
Fund Manager :
— Arjun Khanna
Education : Mr. Khanna has done CFA, FRM, MMS(Finance) & B.E (Electronics)
Experience : Prior to joining Kotak Mahindra Mutual Fund, he was with Principal Mutual Fund and has also worked with Citibank.
Investment Details
| Min. Investment (Rs) | 1,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 1,000 |
| Min. No of Cheques | 6 |
| Min. Withdrawal (Rs) | 1,000 |
| Min. Balance (Rs) | — |
| Lock-in Period | Not Applicable |
| Exit Load | 1% for redemption within 365 days |
Basic Details
| Fund House: | Kotak Mahindra Mutual Fund |
| Launch Date: | 22-Jul-21 |
| Return Since Launch: | -23.84% |
| Benchmark: | MSCI All Country World TRI |
| Riskometer: | Very High |
| Type: | Open-ended |
| Assets: | Rs 1,085 Cr |
| (As on 30-Jun-2022) | |
| Expense Ratio: | 0.35% |
| (As on 30-Jun-2022) | |
| Risk Grade: | — |
| Return Grade: | — |
| Turnover: | — |
Kotak Global Innovation FoF Guidance Trailing Returns (%)
| YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
| Kotak Global Innovation FoF Direct-G | -21.62 | 1.97 | 3.71 | 14.3 | 1.87 | -9.15 | — | — | — | — | — |
| S&P BSE 500 TRI | 0.6 | 0.11 | 2.95 | 10.74 | 4.18 | -0.1 | — | — | — | — | — |
Kotak Global Innovation FoF Guidance Peer Comparison
| Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
| Kotak Global Innovation FoF | Unrated | Jul-21 | — | — | — | 0.35 | 1,085 |
| Motilal Oswal Nasdaq 100 FOF | Unrated | Nov-18 | -6.97 | 23.93 | — | 0.1 | 3,286 |
| Franklin India Feeder Franklin US Opportunities Fund | Unrated | Jan-13 | -17.51 | 15.78 | 17.05 | 0.51 | 2,888 |
| Motilal Oswal S&P 500 Index Fund | Unrated | Apr-20 | 0.88 | — | — | 0.51 | 2,384 |
| ICICI Prudential US Bluechip Equity Fund | Unrated | Jan-13 | 2.13 | 19.34 | 18.17 | 1.19 | 1,866 |
Kotak Global Innovation FoF Guidance by Chanakya :
Do not invest in this, or any other international equity fund, if you need to redeem your investment in less than five years.
Apply Online :
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