August 8, 2023
mayank
Kotak Multi Asset Allocation Fund NFO, Fund details, Fund Portfolio, Fund Returns, Peer Comparison, Mutual Fund Guidance @chanakyamfguidance
NFO opens on August 31, 2023
NFO will close on September 14, 2023
(Our detailed Guidance is given at the bottom of the Page)
Investment Strategy of Kotak Multi Asset Allocation Fund NFO
The scheme seeks to generate long term capital appreciation by investing in Equity & Equity related Securities, Debt & Money Market Instruments, Commodity ETFs and Exchange Traded Commodity Derivatives.
Basic Details
| Fund House | Kotak Mahindra Mutual Fund |
| Issue Open | 31 August 2023 |
| Issue Close | 14 September 2023 |
| Type | Open-ended |
| Category | Hybrid: Multi Asset Allocation |
| Min. Investment(Rs) | 5,000 |
| Plans | Growth, IDCW |
| Lock-in Period | NA |
| Exit Load | For units in excess of 30% of the investment, 1% will be charged for redemption Within 1 year |
| Riskometer | Very High |
| Benchmark | NIFTY 500 TRI (65), NIFTY Short Duration Index (25), Domestic Price of Gold (5), Domestic Price of Silver (5) |
Benchmark Index of Kotak Multi Asset Allocation Fund NFO
Gold: Traditionally, Gold has been used as money and also served as a relative standard for currency equivalents specific to economic regions or countries, until recent times. India continues to remain world’s second biggest consumer of Gold.
From an overall evaluation it is seen that India has a traditional and stable market for gold consumption. There is increase in demand from Ornamental and Electronic Sectors. Gold is considered a valuable asset, for investments and bank reserves. A huge gap exists between demand and indigenous production which is likely to continue
The market participants engaged in import, exports, domestic trading, and manufacturing of gold and gold jewelleries are exposed to price risk. Commodity derivatives product provide an effective hedging tool much to the advantage of market participants.
Gold Mini Options: Option series having strike price closest to the Final Settlement Price (FSP) shall be termed as At-the-Money (ATM) option series.
This ATM option series and three option series having strike prices immediately above this ATM strike and three option series having strike prices immediately below this ATM strike shall be referred as ‘Close to the money’ (CTM) option series.
In case the FSP is exactly midway between two strike prices, then immediate three option series having strike prices just above FSP and immediate three option series having strike prices just below FSP shall be referred as ‘Close to the money’ (CTM) option series.
Silver:
Silver has been used for thousands of years for ornaments and utensils, trade, and as the basis for many monetary systems. Its value as a precious metal was long considered second only to gold. Silver is a brilliant grey-white metal that is soft and malleable. Its unique properties include its strength, malleability, ductility, electrical and thermal conductivity, sensitivity, high reflectance of light, and reactivity.
India is not a major silver exporter in pure form, although it exports silver jewellery. In terms of mine production, India is ranked 14th and is ranked third in terms of demand and imports. India imports Silver (unwrought or semi-manufactured) from countries such as China, United Kingdom, Russian Federation, Germany and Rep of Korea, while it exports silver jewellery to countries such as US, Hong Kong, UAE.
The major countries producing Silver are Mexico, Peru, China, Chile and Russia. Major consuming countries are United States, China, India, Japan and Russia. Major Silver exporting countries are Mexico, Rep of Korea, Canada, China and Hong Kong.
The market participants engaged in import, exports, domestic trading, and manufacturing of silver and silver jewelleries are exposed to price risk. Commodity derivatives product provide an effective hedging tool much to the advantage of market participants.
Gold: Study about Benchmark Index in details
Silver: Study about Benchmark Index in details
Fund Manager of Kotak Multi Asset Allocation 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 Nifty 50 ETF | It’s Benchmark | Kotak Nifty 50 Value 20 ETF | It’s Benchmark |
| 1 Year | 13.49 | 14.05 | 15.38 | 14.05 |
| 3 Year | 21.67 | 22.53 | 24.78 | 22.53 |
| 5 Year | 12.54 | 12.88 | 15.54 | 12.88 |
| 7 Year | 13.47 | 13.76 | 16.82 | 13.76 |
| 10 Year | 14.41 | 15.33 | — | — |
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 Equity Hybrid Fund | It’s Benchmark | Kotak Equity Savings Fund | It’s Benchmark |
| 1 Year | 13.35 | 12.90 | 11.13 | 9.67 |
| 3 Year | 22.12 | 19.13 | 11.32 | 10.13 |
| 5 Year | 13.20 | 11.85 | 8.63 | 8.51 |
| 7 Year | 12.13 | 12.49 | 8.79 | 8.51 |
| 10 Year | 13.83 | 13.53 | — | — |
3) Hiten Shah
Education: Mr. Shah is a Masters in Management Studies (Finance) from Mumbai University.
Experience: Prior to joining Kotak Mahindra Mutual fund, he was associated with Edelweiss Asset Management for more than 8 years as a CoFund manager and Chief dealer in equities segment. He was also associated with Edelweiss securities Ltd. as low risk arbitrage trader for more than 3 years.
Past Performance of his Schemes of Kotak Multi Asset Allocation Fund NFO
| Fund | Kotak Balanced Advantage Fund | It’s Benchmark | Kotak Equity Savings Fund | It’s Benchmark |
| 1 Year | 11.01 | 12.90 | 11.13 | 9.67 |
| 3 Year | 12.03 | 19.13 | 11.32 | 10.13 |
| 5 Year | — | — | 8.63 | 8.51 |
| 7 Year | — | — | 8.79 | 8.51 |
| 10 Year | — | — | — | — |
4) Jeetu Valechha Sonar
Education: Nil
Experience: Nil
Past Performance of his Schemes
| Fund | Kotak Gold Fund | It’s Benchmark | Kotak Silver ETF | It’s Benchmark |
| 1 Year | 12.52 | 13.31 | — | — |
| 3 Year | 0.65 | 3.14 | — | — |
| 5 Year | 13.66 | 14.90 | — | — |
| 7 Year | 8.51 | 8.90 | — | — |
| 10 Year | 6.37 | 7.89 | — | — |
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
Guidance for Kotak Multi Asset Allocation Fund NFO by Paresh Gordhandas, C.A., Research Analyst.
Will Post Soon
>> Post your MF questions @ sahifund.com/ask-me/
>> 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 MF’s Telegram Channel @
https://t.me/chanakyaMFGuidance
>> For Higher studies, Interview skills, Competitive Exam books
http://www.gyanpothi.com/search-institutes/
>> Get Good Staff or Job, Click: Staffavailable.com
>> To apply for Government & PSU jobs, click
https://www.staffavailable.com/government-psu-jobs/
>> Go to IPOs Analysis Section, Click
>> Interested in Used Automobiles or vintage cars? Click: BigGaddi.com
>> Interested in Crossword Puzzles? Click: magajmari.com