July 7, 2023
mayank
Kotak Quant Fund NFO Details & Guidance
NFO opens on July 12, 2023
NFO will close on July 26, 2023
(Our detailed Guidance is given at the bottom of the Page)
Kotak Quant Fund NFO Investment Strategy
The scheme seeks to generate long term capital appreciation by investing predominantly in equity and equity related securities selected based on quant model theme.
Basic Details
| Fund House | Kotak Mahindra Mutual Fund |
| Issue Open | 12 July 2023 |
| Issue Close | 26 July 2023 |
| Type | Open-ended |
| Category | Equity: Thematic |
| Min. Investment(Rs) | 5,000 |
| Plans | Growth, IDCW |
| Lock-in Period | NA |
| Exit Load | 0.5% for redemption within 90 days |
| Riskometer | Very High |
| Benchmark | NIFTY 200 TRI |
Benchmark Index of Kotak Quant Fund NFO
The Nifty 200 Index is designed to reflect the behaviour and performance of the large and mid market capitalization companies. Nifty 200 includes all companies forming part of Nifty 100 and Nifty Midcap 100 Index.
Nifty 200 Index is computed using free float market capitalization method, wherein the level of the index reflects the total free float market value of all the stocks in the index relative to particular base period.
Nifty 200 can be used for a variety of purposes such as benchmarking fund portfolios, launching of index funds, ETFs and structured products.
Index Variant: Nifty 200 Total Returns Index.
Past Performance of Benchmark Index
| Index Returns (%) | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | 12.17 | 5.76 | 21.87 | 12.08 | 12.59 |
| Total Return | 12.60 | 6.27 | 23.07 | 13.37 | 14.12 |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | 11.69 | 18.99 | 21.76 |
| Beta (NIFTY 50) | 0.98 | 0.97 | 0.97 |
| Correlation (NIFTY 50) | 0.98 | 0.99 | 0.99 |
Fundamentals
| P/E | P/B | Dividend Yield |
| 23.46 | 4.32 | 1.4 |
Top constituents by weightage
| Company’s Name | Weight(%) |
| Reliance Industries Ltd. | 7.53 |
| HDFC Bank Ltd. | 6.56 |
| ICICI Bank Ltd. | 5.71 |
| Housing Development Finance Corporation | 4.50 |
| Infosys Ltd. | 4.16 |
| ITC Ltd. | 3.48 |
| Tata Consultancy Services Ltd. | 2.95 |
| Larsen & Toubro Ltd. | 2.61 |
| Kotak Mahindra Bank Ltd. | 2.37 |
| Axis Bank Ltd. | 2.36 |
Fund Manager of Kotak Quant Fund NFO
1) Harish Krishnan
Education: Mr. Krishnan is a Graduate from Government Engineering College Trichur and MBA from IIM Kozhikode
Experience: Prior to joining Kotak Mahindra Mutual Fund, he was based out of Singapore and Dubai, managing Kotak’s offshore funds. He has also worked at Infosys Technologies Ltd in his earlier stint.
Past Performance of his Schemes
| Fund | Kotak Bluechip Fund | It’s Benchmark | Kotak Infrastructure and Economic Reform Fund | It’s Benchmark |
| 1 Year | 20.90 | 23.67 | 36.94 | 33.18 |
| 3 Year | 22.24 | 24.05 | 36.44 | 34.99 |
| 5 Year | 13.46 | 13.98 | 17.28 | 13.31 |
| 7 Year | 12.74 | 14.39 | 14.88 | 12.80 |
| 10 Year | 14.39 | 14.56 | 18.72 | 12.56 |
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 Nasdaq 100 FOF | It’s Benchmark | Kotak Nifty 50 Index Fund | It’s Benchmark |
| 1 Year | 32.25 | 23.65 | 22.44 | 23.67 |
| 3 Year | — | — | — | — |
| 5 Year | — | — | — | — |
| 7 Year | — | — | — | — |
| 10 Year | — | — | — | — |
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 Quant Fund NFO by Paresh Gordhandas , C.A., Research Analyst
A quant fund is an investment fund whose securities are chosen based on numerical data compiled through quantitative analysis. These funds are considered non-traditional and passive. They are built with customized models using software programs to determine investments.
Proponents of quant funds believe that choosing investments using inputs and computer programs helps fund companies cut down on the risks and losses associated with management by human fund managers.
Since it follows quant-based strategy based on its in-house framework, they may buy and sell stocks based on their model and the fund house does not flinch at a lot of portfolio churning.
The benchmark for this fund is the Nifty 200 Index. The top constituents of the Index are all large cap and bluechip companies. One can invest a small amount in this NFO.
>> 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