August 5, 2022
mayank
Kotak India EQ Contra Fund Guidance
NAV Growth : Rs 94.0760
NAV IDCW : Rs 33.4770
Suitable For Which Investors ?
When you invest for five years or more, you can expect gains that comfortably 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.
This fund follows a value/contrarian style of investing, which endeavours to find stocks that are priced significantly lower than what the fund management team believes is their true worth.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy :
The scheme aims to generate capital appreciation from a diversified portfolio of equity and equity related instruments. It will invest in stocks of companies, which are fundamentally sound but are undervalued.
Fund Manager :
— Shibani Kurian
Education : Ms. Kurian has done PGDM (Specialization in Finance), BSc (Hons)-Economics
Experience : Prior to joining Kotak AMC, she was working with Dawnay Day AV India Advisors Pvt Ltd and UTI AMC.
Investment Details
| Min. Investment (Rs) | 5,000 |
| 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) | 1,000 |
| Lock-in Period | Not Applicable |
| Exit Load | For units in excess of 10% of the investment, 1% will be charged for redemption within 365 days |
Basic Details
| Fund House: | Kotak Mahindra Mutual Fund |
| Launch Date: | 01-Jan-13 |
| Return Since Launch: | 15.50% |
| Benchmark: | NIFTY 500 TRI |
| Riskometer: | Very High |
| Type: | Open-ended |
| Assets: | Rs 1,192 Cr |
| (As on 30-Jun-2022) | |
| Expense Ratio: | 0.90% |
| (As on 30-Jun-2022) | |
| Risk Grade: | Below Average |
| Return Grade: | Above Average |
| Turnover: | 18.50% |
Kotak India EQ Contra Fund 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 India EQ Contra Direct-G | 1.4 | 0.11 | 2.15 | 9.9 | 4.36 | -0.63 | 6.39 | 20.11 | 14.31 | 14.08 | — |
| S&P BSE 100 TRI | 1.76 | 0.06 | 2.71 | 10.4 | 4.49 | 0.68 | 8.69 | 18.43 | 12.63 | 12.27 | — |
| Equity: Value Oriented | 0.2 | 0 | 2.23 | 9.41 | 4 | -1.5 | 6.39 | 20.66 | 11.54 | 12.39 | — |
| Rank within category | 6 | 7 | 15 | 7 | 10 | 8 | 8 | 10 | 3 | 3 | — |
| Number of funds in category | 23 | 23 | 23 | 23 | 23 | 23 | 20 | 17 | 14 | 13 | 1 |
Kotak India EQ Contra Fund Guidance Peer Comparison
| Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
| Kotak India EQ Contra Fund | 4 star | Jan-13 | 6.39 | 20.11 | 14.31 | 0.9 | 1,192 |
| ICICI Prudential Value Discovery Fund | 4 star | Jan-13 | 15.09 | 23.95 | 14.05 | 1.28 | 23,053 |
| Invesco India Contra Fund | 4 star | Jan-13 | 6.04 | 21.32 | 14.8 | 0.58 | 9,002 |
| UTI Value Opportunities Fund | 4 star | Jan-13 | 4.41 | 20.85 | 13.07 | 1.24 | 6,055 |
| SBI Contra Fund | 5 star | Jan-13 | 16.26 | 30.69 | 14.97 | 1.27 | 4,670 |
Portfolio Analysis
| Number of Stocks | 57 |
| Top 10 Stocks (%) | 43.79 |
| Top 5 Stocks (%) | 29.42 |
| Top 3 Sectors (%) | 47.97 |
| Portfolio P/B Ratio | 2.89 |
| Portfolio P/E Ratio | 20.69 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,62,221 | 1,43,664 |
| Giant (%) | 55.8 | 50.36 |
| Large (%) | 17.85 | 22.08 |
| Mid (%) | 26.16 | 21.33 |
| Small (%) | 0.19 | 9.65 |
| Tiny (%) | — | 0.52 |
Kotak India EQ Contra Fund Guidance by Chanakya :
Do not invest in this, or any other value-oriented fund, if you need to redeem your investment in less than five years.
Apply Online :
Stock Research Reports :
https://www.analysislibrary.com/
NFO Guidance :
https://sahifund.com/category/nfos/
Chanakya’s Mutual Fund Guidance on Youtube
https://www.youtube.com/c/ChanakyaNiPothi
Join Chanakya’s Telegram Channel @
https://t.me/chanakyanipothi