Kotak Mutual Fund

Kotak Mutual Fund, is the wholly owned subsidiary of Kotak Mahindra Bank Limited. Formed in 1985, the group is one of the leading financial services and solutions provider of the country.

Kotak Mutual Fund offers a wide range of schemes catering to the varied needs of all types of investors. Started in 1998, it was the first AMC in India to offer a dedicated Gilt scheme which invested solely in government securities. In addition to mutual funds, the fund house also provides portfolio management and pension fund services.

There are a total 40 mutual schemes which can be categorized into equity funds, debt funds, hybrid funds, ELSS, Fund of Funds and ETFs.

It currently has 21 lakh investors and manages a fund size of ₹186,081.33 crores as on 31st March 2020. With a national footprint of 86 branches spread over 82 cities, Kotak Mutual Fund is one of the most dependable names in the Indian Mutual Funds industry.

Kotak Mutual Fund is one of the leading Mutual fund houses in India and provides investment solutions for every need. The AMC offers schemes for different risk profiles. It is the first fund house in India to have a gilt fund that solely invests in government securities. Many schemes of this fund house have surpassed the benchmark returns. They are managed by a team of highly competent and experienced fund managers. Here is a list of the top-performing Kotak Mutual Funds from different asset categories.

Kotak Mutual Fund's equity funds invest predominantly in equity or equity-related securities with the potential of generating superior returns in comparison to the category average. These schemes have a medium to long-term investment horizon and risk quotient between moderately high to high.

Currently, there are 12 equity Mutual Funds (excluding ELSS) in Kotak's product suite. These equity funds can be categorized further basis their market capitalization (small-cap, multi-cap, large-cap) or sectoral preference. The total AUM of Kotak equity schemes (including ELSS and equity hybrid schemes) was ₹63,676 crores as on 31st May 2020

Here is a list of the top-performing Kotak Mutual Funds in the equity category.

Kotak Debt Mutual Funds invest predominantly in debt and money market instruments. They can be sub-categorized basis factors such as maturity period (low duration, short term, medium term, overnight, liquid funds), sectoral allocation (PSU & Banking) or specific investment instruments (Gilt, corporate debt securities). These schemes are ideal for conservative investors on the lookout for stable regular income along with moderate capital growth. Currently, Kotak Mutual Funds offers 14 schemes in the debt category.

The total fund size of all the debt schemes was ₹88,018 crores as on 31st May 2020

Here is a list of the top-performing Kotak Debt Mutual Funds.

Kotak Hybrid Funds invest in a mix of asset categories such as Equity and debt. These schemes seeks to achieve growth by investing in equity and equity related instruments and balance the risk by investing in debt and money market instruments.

The proportion of investment in each asset class varies from scheme to scheme. The risk quotient ranges between "moderate" to "moderately high" basis the equity exposure in the portfolio. Currently, Kotak has five hybrid funds in its product offerings- Balanced Advantage, Equity Hybrid, Debt Hybrid, Equity Arbitrage and Equity Savings. These open-ended schemes have fared well in comparison to their respective benchmark returns.

The AUM of these schemes as on 31st May 2020 was ₹21,074 crores.

Kotak Mutual fund offers one tax saving scheme - Kotak Tax Saver Fund. This open-ended ELSS seeks to provide the twin benefits of capital appreciation along with tax savings. It is a moderately high-risk scheme with a lock-in of three years. The minimum contribution required is ₹500 and there is no entry or exit load.

The scheme invests across diverse market capitalization segments and sectors. The top contributors being Financial service ( 19%) and Construction sector (13.14%) respectively.

Launched in November 2005, the scheme has generated a CAGR of 10.02% since inception. The AUM of the scheme as on 31st May 2020 was ₹1030 crores.

• Kotak Standard Multicap Fund

  • Investment Objective:

    The Investment Objective of Kotak Standard Multicap Fund is to generate long term capital appreciation by investing in a diversified equity and equity-related portfolio of instruments across the Market capitalizations like large-cap, mid-cap as well as small-cap stocks.

  • Fund Details:

    The Fund Category of Kotak Standard Multicap Fund is Equity- Multi-Cap Fund. It has an AUM of ₹25,984 crores as on 31st May 2020. The scheme was launched on 11-Sep-2009. The NAV for the Direct Plan, Growth was ₹34.26 and the same for Regular Plan, Growth was ₹31.84 as on 19th June 2020 with a 11.35% return since inception. The benchmark for this scheme is Nifty 200 TRI.

    The expense of the Kotak Standard Multicap Fund is 1.64% for regular plans and 0.72% for direct plans. There would be an exit load would be 1% if you redeem before completion of one year from the date of investment.

    Kotak Standard Multicap Fund has a maximum holding in the services sector and energy sector.

    The Top 5 portfolio holding as on 20-Jan-2019 is:

    Company	Sector	% Assets
    Reliance Industries	Energy	7.79
    ICICI Bank	Financial	5.56
    HDFC Bank	Financial	5.27
    Ultratech Cement	Construction	4.55
    Hindustan Unilever	FMCG	4.11

    The minimum lump sum investment in Kotak Standard Multicap Fund is ₹5000.

• Kotak Liquid Fund

  • Investment Objective:

    The Investment Objective of Kotak Liquid Fund is to provide stable and moderate returns with high liquidity opportunities by investing in debt and money market instruments.

  • Fund Details:

    The Fund Category of Kotak Liquid Fund is Liquid Fund with an AUM of ₹32,360 crores as on 31st May 2020. The scheme was launched on 04-Nov-03. The NAV for the Direct Plan - Growth was ₹4056.79 and the same for Regular Plan - Growth was ₹3930.02 as on 21st June 2020 with a 7.32% return since inception. The benchmark for this scheme is Nifty Liquid fund TRI Index.

    The expense of the Kotak Liquid Fund is 0.25% for regular plans and 0.20% for direct plans. The Exit Load would be of 0.0070% if redeemed between 0-1 days, 0.0065% if redeemed between 0-2 days, 0.0060% if redeemed between 0-3 days, 0.0055% if redeemed between 0-4 days, 0.0050% if redeemed between 0-5 days, 0.0045% if redeemed between 0-6 days, from date of investment.

    The Top 5 portfolio holding as on 31st May 2020

    Company	Instruments	Credit Rating	% Assets
    Reserve Bank of India 91-D 13/08/2020	Treasury Bills	SOV	11.05
    8.27% GOI 2020	Central Government Loan	SOV	6.39
    Reserve Bank of India 84-D 20/08/2020	Treasury Bills	SOV	6.14
    Reserve Bank of India 77-D 16/06/2020	Treasury Bills	SOV	5.09
    Reserve Bank of India 84-D	Treasury Bills	SOV	3.39

    The minimum lump sum investment in Kotak Liquid Fund is ₹5000.

• Kotak Equity Arbitrage Fund

  • Investment Objective:

    The Investment Objective of Kotak Equity Arbitrage Fund is to generate income along with capital appreciation by investing in arbitrage opportunities in the cash and equity market offered by the derivatives. The remaining amount is invested in debt and money market instruments.

  • Fund Details:

    The Fund Category of Kotak Equity Arbitrage Fund is a Hybrid fund with an AUM of ₹14,663 crores as on 31st May 2020. The scheme was launched on 29-Sep-05. The NAV for the Direct Plan, Growth was ₹29.36 and the NAV for Regular Plan, Growth was ₹28.30 as on 19th June 2020 with a 7.32% return since inception. The benchmark for this scheme is Nifty 50 Arbitrage Index.

    The expense of the Kotak Equity Arbitrage Fund is 0.98% for regular plans and 0.44% for direct plans. The exit load would be 0.25% if you redeem before the completion of 30 days from date of investment.

    The Top 5 portfolio holding as on 31st May 2020 is:

    Company	Sector	% Assets
    HDFC	Financial	6.26/td>
    Bharti Airtel	Communication	4.62/td>
    Hindustan Unilever	FMCG	4.34/td>
    ICICI Bank	Financial	3.92/td>
    Axis Bank	Financial	2.68/td>

    The minimum lump sum investment in Kotak Equity Arbitrage Fund is ₹5000.

• Kotak Savings Fund

  • Investment Objective:

    The Investment Objective of the Kotak Savings Fund is to generate stable returns with moderate income by investing in a low duration debt and money market instruments and provide high liquidity options to investors.

  • Fund Details:

    The Fund Category of Kotak Savings Fund is Ultra Short Term Debt Fund with an AUM of ₹9,128 crores as on 31st May 2020. The scheme was launched on 13-Aug-04. The NAV for the Direct Plan, Growth was ₹33.52 and the NAV for Regular Plan, Growth was ₹32.71 as on 19th June 2020 with 8.45 % return since inception. The benchmark for this scheme is Nifty Ultra- Short Duration Debt Index.

    The expense of Kotak Savings Fund is 0.76% for regular plans and 0.33% for direct plans. The exit load would NIL for this fund.

    The Top 5 portfolio holding as on 31st May 2020 is:

    Company	Sectors	Credit Rating	% Assets/td>
    8.20% Power Finance Corp. 14/09/2020	Bonds/NCDs	AAA	7.26/td>
    7.80% GOI 2021	Central Government Loan	SOV	6.79/
    LIC Housing Fin. 329-D 11/09/2020	Commercial Paper	A1+	5.62/td>
    HDFC 364-D 09/09/2020	Commercial Paper	A1+	5.57/td>
    M&M Financial Services 2020	Debenture	AAA	3.85

    The minimum lump sum investment in Kotak Saving Fund is ₹5000.

• Kotak Bond Fund

  • Investment Objective:

    The Investment Objective of the Kotak Bond Fund is to generate moderate income by investing in a stable portfolio of money market and debt instruments. The Fund aims to invest across the yield curve in corporate securities with a credit rating of AA+ or above.

  • Fund Details:

    The Fund Category of Kotak Bond Fund is Medium Term Term Debt Fund with an AUM of ₹1312 crores as on 31st May 2020. The scheme was launched on 25-Nov-1999. The NAV for the Direct Plan, Growth was ₹62.29 and the Nav for Regular Plan, Growth was ₹58.53 as on 19th June 2020 with an 8.96% return since inception. The benchmark for this scheme is the Nifty Medium to Long Duration Index.

    The expense ratio of Kotak Bond Fund is 1.90% for regular plans and 0.79% for direct plans. The exit load would be 0.20% if you redeem before the completion of 3 months from date of investment and NIL thereafter.

    The minimum lump sum investment in Kotak Bond Fund is ₹5000.

    Company	Instruments	Credit Rating	% Assets
    7.26% GOI 14/01/2029	GOI Securities	SOV	18.45
    7.57% GOI 17/06/2033	GOI Securities	SOV	18.2
    6.19% GOI 16/09/2034	GOI Securities	SOV	12.49
    7.16% GOI 20/09/2050	GOI Securities	SOV	9.02
    7.18% Canara Bank 2030	Zero Coupon Bonds	AAA	8.41
    7.55% REC 2030	Debenture	AAA	7.5

    The minimum lump sum investment in Kotak Bond Fund is ₹500.

The customer care detail of Kotak Mutual Fund is as follows:

An investor who wants to invest in Kotak MF or Kotak SIP can download the ET Money app and look for the fund in the mutual fund category. ET Money investment dashboard is an extremely comprehensive tool that guides its investors make hasslefree investments for free. The platform works on a no-commission basis.

And as an add on advantage an investor gets a whole set of funds from the same and other Asset Management Companies, in the same category to check and compare before he invests in Kotak SIP or MF.

• Ms. Lakshmi Iyer:

  Product Head and Chief Investment Officer (Debt)

  Ms. Lakshmi Iyer head Fixed income and product team at Kotak Asset Management Company. She had joined with the organisation in 1999 and has been managing fund performance across all debt funds and assisting sales in client interaction. Prior to Kotak, Ms Lakshmi worked with Credence Analytics Pvt Ltd, as a research analyst where she was tracking corporate bond markets in India and generating research reports

• Mr. Harsha Upadhyaya:

  Chief Investment Officer

  Mr. Harsha Updhyaya heads the equity desk at Kotak Asset management company and also manages the fund such as Kotak Standard Multicap fund, Kotak Equity opportunities funds and Kotak tax saver fund. He has previously worked with DSP BlackRock, UTI Asset Management, Reliance Group and SG Asia Securities. Mr. Upadhyaya is a Bachelor of Engineering from the National Institute of Technology, Surtkal, and a Post Graduate Diploma in Management in Finance from Indian Institute of Management of Lucknow and a CFA from the CFA Institute of US.

• Mr. Pankaj Tibrewal:

  Sr.Vice President and Fund Manager (Equity)

  Mr. Pankaj Tirewal manages schemes such as Kotak Emerging Equity, Kotak Small cap, and Kotak Equity Hybrid fund at Kotak AMC. Mr. Tibrewal had been with Principal Mutual Fund before joining Kotak Mutual funds and there too he had managed the Principal Emerging Bluechip Fund and Principal Tax saver.

  He is one fund manager whose name has reflected among the top 10 Fund Managers of India for consecutive 3 years as per the Outlook Business from 2016 to 2019 and also came within the Top 10 Fund Managers as per the Economic Times (Morning Star) in 2016 and 2017.