August 6, 2022
mayank
Kotak Nasdaq 100 FOF Guidance
NAV Growth : Rs 10.4784
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 overseas ETF’s and/ or Index Fund based on NASDAQ 100 Index.
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.
— 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.
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) | — |
| Lock-in Period | Not Applicable |
| Exit Load | 0 |
Basic Details
| Fund House: | Kotak Mahindra Mutual Fund |
| Launch Date: | 02-Feb-21 |
| Return Since Launch: | 4.23% |
| Benchmark: | Nasdaq 100 TRI |
| Riskometer: | Very High |
| Type: | Open-ended |
| Assets: | Rs 1,113 Cr |
| (As on 30-Jun-2022) | |
| Expense Ratio: | 0.27% |
| (As on 30-Jun-2022) | |
| Risk Grade: | — |
| Return Grade: | — |
| Turnover: | — |
Kotak Nasdaq 100 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 Nasdaq 100 FOF Direct-G | -13.47 | 1.23 | 4.15 | 15.13 | 6.41 | -3.51 | -5.57 | — | — | — | — |
| S&P BSE 500 TRI* | 0.64 | 0.04 | 1.62 | 10.88 | 4.16 | -0.06 | 8.03 | — | — | — | — |
Kotak Nasdaq 100 FOF Guidance Peer Comparison
| Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
| Kotak Nasdaq 100 FOF | Unrated | Feb-21 | -5.57 | — | — | 0.27 | 1,113 |
| 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 | 1.19 | — | — | 0.51 | 2,384 |
| ICICI Prudential US Bluechip Equity Fund | Unrated | Jan-13 | 2.13 | 19.34 | 18.17 | 1.19 | 1,866 |
Kotak Nasdaq 100 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.
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