August 6, 2022
mayank
Kotak NIFTY India Consumption ETF Guidance
NAV Growth : Rs 76.6993
Suitable For Which Investors ?
This is a fund that invests mainly in the shares of consumer-facing companies.
We believe that investors should avoid funds that have a narrowly defined investment mandate such as this one. Instead, they should invest in flexi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.
But if you do invest, you must do so only through the SIP route.
Fund’s Investment Strategy :
The scheme seeks to replicate the composition of the NIFTY India Consumption Index and to generate returns that are commensurate with the performance of the NIFTY India Consumption Index, subject to tracking errors.
Fund Manager :
— 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.
— 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 ).
— Satish Dondapati
Education : Mr. Dondapati has done MBA Finance
Experience : Prior to joining Kotak Mutual fund he has worked with Centurian Bank Of Punjab, Bajaj Capital Ltd.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | — |
| Min. SIP Investment (Rs) | — |
| Min. No of Cheques | — |
| Min. Withdrawal (Rs) | — |
| Min. Balance (Rs) | — |
| Lock-in Period | Not Applicable |
| Exit Load | 0 |
Basic Details
| Fund House: | Kotak Mahindra Mutual Fund |
| Launch Date: | 28-Jul-22 |
| Return Since Launch: | -0.04% |
| Benchmark: | NIFTY India Consumption TRI |
| Riskometer: | Very High |
| Type: | Open-ended |
| Assets: | Rs — Cr |
| (As on ) | |
| Expense Ratio: | — |
| (As on ) | |
| Risk Grade: | — |
| Return Grade: | — |
| Turnover: | — |
Kotak NIFTY India Consumption ETF 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 NIFTY India Consumption ETF-G | — | -0.4 | — | — | — | — | — | — | — | — | — |
| S&P BSE 500 TRI* | — | 0.04 | — | — | — | — | — | — | — | — | — |
| Equity: Thematic-Consumption* | — | -0.19 | — | — | — | — | — | — | — | — | — |
| Rank within category* | — | 14 | — | — | — | — | — | — | — | — | — |
| Number of funds in category* | 14 | 15 | 14 | 14 | 14 | 14 | 12 | 11 | 9 | 8 | 7 |
Kotak NIFTY India Consumption ETF Guidance Peer Comparison
| Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
| Baroda BNP Paribas India Consumption Fund – Regular Plan | 4 star | Sep-18 | 10.04 | 21.56 | — | 2.33 | 830 |
| Canara Robeco Consumer Trends Fund – Regular Plan | 4 star | Sep-09 | 11.66 | 23.49 | 14.58 | 2.49 | 760 |
| Aditya Birla Sun Life India GenNext Fund | 3 star | Aug-05 | 10.43 | 21.13 | 13.17 | 2.18 | 2,577 |
| ICICI Prudential Bharat Consumption Fund | 3 star | Apr-19 | 21.04 | 19.63 | — | 2.16 | 1,744 |
| Mirae Asset Great Consumer Fund – Regular Plan | 3 star | Mar-11 | 13.19 | 21.82 | 14.2 | 2.11 | 1,649 |
Kotak NIFTY India Consumption ETF Guidance by Chanakya :
Do not invest in this, or any other consumption-themed fund, if you need to redeem your investment in less than five years.
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