Kotak Pioneer Fund Direct - Growth

Q: What are the returns of Kotak Pioneer Fund?

The Kotak Pioneer Fund is a 5 yrs 7 m old fund and has delivered average annual returns of 24.1% since inception. Kotak Pioneer Fund Returns 1-Year 3-Year 5-Year Since Inception 12.42% 23.93% 28.42% 24.1%

NAV as of Jun 05, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹33.499+0.8% 1 day change	24.1% p.a.	#NA View Ranked Funds	₹2,554 Crs

Historical NAV & returns

NAV: ₹33.499 as on Jun 05, 2025

This fund Category average

Kotak Pioneer Fund overview

Expense ratio	0.52% as on May 31, 2025
Exit load	0.5% 0.5% for redemption within 90 Days!
AUM (Fund size)	₹2,554 Crs
Lock-in	No Lockin
Age	5 yrs 7 m since Oct 09, 2019
Benchmark	NA
Min. investment	SIP ₹1000 & Lump. ₹5000
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, pay tax of 12.5% on returns of ₹1.25 lakh+ in a financial year

Kotak Pioneer Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Jun 06, 2025

Period	This fund	Category average
1 Month	7.23%	4.88%
3 Months	14.11%	11.29%
6 Months	-0.85%	-2.92%
1 Year	12.42%	8.57%
2 Years	26.87%	24.09%
3 Years	23.93%	22.07%
4 Years	18.32%	17.96%
5 Years	28.42%	25.81%

View returns in detail

Asset allocationas on Mar 31, 2025

Large Cap 47.049187999999994%

Mid Cap 30.869288%

Small Cap 20.141524%

Other Cap 0.0%

Top holdings

Bharti Hexacom Ltd.3.9%

Eternal Ltd.3.78%

Interglobe Aviation Ltd.3.65%

Aster DM Healthcare Ltd.3.43%

Top sectors

Services 17.349999999999998%

Healthcare 13.0%

Automobile 12.389999999999999%

Capital Goods 10.18%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Bifurcation by Holding is not available for this fund

Allocation by Instruments

Foreign Mutual Funds 15.78%

Repo 2.04%

Other Holdings

iShares NASDAQ 100 UCITS ETF USD 15.78%

Others 2.04%

Detailed portfolio analysis

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
Kotak Pioneer Fund	N.A.	₹2,554 Crs	5 yrs 7 m	0.52%
ICICI Prudential India Opportunities Fund	N.A.	₹27,197 Crs	6 yrs 5 m	0.63%
SBI Contra Fund	N.A.	₹44,069 Crs	12 yrs 5 m	0.62%
ICICI Prudential Value Discovery Fund	N.A.	₹51,112 Crs	12 yrs 5 m	0.99%
ICICI Prudential Dividend Yield Equity Fund	N.A.	₹5,231 Crs	11 yrs 1 m	0.58%
ICICI Prudential India Equity FOF	N.A.	₹168 Crs	5 yrs 4 m	0.63%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Kotak Pioneer Fund	7.23%	-0.85%	12.42%	23.93%	28.42%	N.A.
ICICI Prudential India Opportunities Fund	3.12%	2.13%	14.56%	27.6%	32.99%	14.27%
SBI Contra Fund	2.68%	-2.65%	6.83%	25.09%	34.48%	17.15%
ICICI Prudential Value Discovery Fund	2.66%	1.93%	13.95%	23.83%	28.82%	16.1%
ICICI Prudential Dividend Yield Equity Fund	2.13%	1.19%	10.97%	26.7%	32.59%	17.15%
ICICI Prudential India Equity FOF	3.03%	-0.4%	11.61%	23.28%	28.77%	12.18%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Kotak Pioneer Fund	14.38	0.88	1.1	1.39
ICICI Prudential India Opportunities Fund	12.33	0.8	1.52	3.0
SBI Contra Fund	12.89	0.86	1.32	2.19
ICICI Prudential Value Discovery Fund	12.0	0.77	1.32	2.3
ICICI Prudential Dividend Yield Equity Fund	13.04	0.84	1.42	2.3
ICICI Prudential India Equity FOF	12.58	0.84	1.22	2.02

View all Strategy funds

Key risk & return ratios Compared to other funds in the category

Alpha	5.66 vs. 5.56 Higher outperformance against benchmark
Sharpe	1.1 vs. 5.86 Poor risk-adjusted returns
Beta	0.88 vs. 0.85 More sensitive to market's ups & downs
Standard deviation	14.38 vs. 9.89 More volatile performance

Compare Kotak Pioneer Fund in detail with

About this fund

About Kotak Pioneer Fund

Kotak Pioneer Fund Direct - Growth is a Strategy mutual fund scheme from Kotak Mahindra Mutual Fund. This fund has been in existence for 5 yrs 7 m, having been launched on 09/10/2019. Kotak Pioneer Fund Direct - Growth has ₹2,554 Crores worth of assets under management (AUM) as on 31/03/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Kotak Pioneer Fund Direct - Growth as of 05/06/2025 is ₹33.50. The fund has an expense ratio of 0.52%, which is less than what most other Strategy funds charge.

Kotak Pioneer Fund Direct - Growth returns of last 1-year are 15.03%. Since launch, it has delivered 24.10% average annual returns. The fund has doubled the money invested in it every 3 yrs.
Kotak Pioneer Fund Direct - Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is below average.
The fund has the majority of its money invested in Services, Unclassified, Healthcare, Automobile, Capital Goods sectors. It has taken less exposure in Services, Unclassified sectors compared to other funds in the category.
The fund's top 5 holdings are in iShares NASDAQ 100 UCITS ETF USD, Bharti Hexacom Ltd., Eternal Ltd., Interglobe Aviation Ltd., Aster DM Healthcare Ltd..

...

Fund AUM	₹2,554 Crs as on Mar 31, 2025
Scheme document	View Scheme Document

Fund managers

Harish Bihani

Mr. Bihani has done MBA in Finance Prior to joining Kotak Mutual Fund, he has worked with ICICI Prudential Mutual Fund, SBI Mutual Fund, Kotak Instituitional Equities, CIMB Securities, RBS Equities India Pvt. Ltd., Indiabulls Securities Ltd. and Reliance Equities International Pvt. Ltd.

Investment objective

The scheme seeks to generate capital appreciation from a diversified portfolio of equity, equity related instruments and units of global mutual funds which invests into such companies that utilize new forms of production, technology, distribution or processes which are likely to challenge existing markets or value networks, or displace established market leaders, or bring in novel products and/or business models.

Kotak Mahindra Mutual Fund details

No. of schemes	76 view all schemes
Total AUM	₹4,87,121 Crs as on Mar 31, 2025
Address	The Capital Building, Behind ICICI Bank, G Block BKC, Bandra Kurla Complex Bandra (E) Mumbai, 400051
Phone	022-61152100 / 1800-22-2626

More funds from Kotak Mahindra Mutual Fund

Fund name	ETM Rank	AUM (in Crs.)	1Y	5Y
Kotak Small Cap Fund	N.A.	₹15,706 Crs	7.95%	35.05%
Kotak Infrastructure and Economic Reform Fund	N.A.	₹2,133 Crs	2.81%	34.21%
Kotak Emerging Equity Fund	N.A.	₹48,129 Crs	12.93%	32.17%
Kotak India EQ Contra Fund	N.A.	₹3,935 Crs	7.85%	27.7%
Kotak Equity Opportunities Fund	N.A.	₹24,913 Crs	6.91%	26.09%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of Kotak Pioneer Fund?

The current Net Asset Value (NAV) of the Kotak Pioneer Fund - Direct Growth plan is approximately ₹33.499 as of Jun 05, 2025.

What are the returns of this mutual fund scheme?

The Kotak Pioneer Fund is a 5 yrs 7 m old fund and has delivered average annual returns of 24.1% since inception.

Kotak Pioneer Fund Returns

1-Year	3-Year	5-Year	Since Inception
12.42%	23.93%	28.42%	24.1%

How much does this mutual fund charge as expense ratio?

The Kotak Pioneer Fund - Direct Growth has an expense ratio of 0.52%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The Kotak Pioneer Fund currently has assets under management (AUM) or fund size valued at approximately ₹2,554 Crs crore as of Mar 31, 2025.

What are the top stock holdings of Kotak Pioneer Fund?

The Kotak Pioneer Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
Bharti Hexacom Ltd.	3.9%
Eternal Ltd.	3.78%
Interglobe Aviation Ltd.	3.65%
Aster DM Healthcare Ltd.	3.43%
Reliance Industries Ltd.	3.19%
Godrej Consumer Products Ltd.	2.79%
Maruti Suzuki India Ltd.	2.75%
Krishna Institute of Medical Sciences Ltd	2.73%
Sun Pharmaceutical Industries Ltd.	2.65%
UNO Minda Ltd.	2.64%

What are the top sectors Kotak Pioneer Fund has invested in?

The Kotak Pioneer Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Services	17.349999999999998%
Healthcare	13.0%
Automobile	12.389999999999999%
Capital Goods	10.18%
Financial	4.27%
Insurance	4.03%
Metals & Mining	3.9800000000000004%
Communication	3.9%
Energy	3.19%
Consumer Discretionary	2.89%

What is risk level of Kotak Pioneer Fund?

This is a Strategy fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in Kotak Pioneer Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Kotak Pioneer Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in Kotak Pioneer Fund is complete.

How can I redeem my investments in Kotak Pioneer Fund?

Redeeming your investments in Kotak Pioneer Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Kotak Pioneer Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Strategy

#NA

Return Outperformance: This fund has generated highest return amongst Strategy funds in the last 5 Years.
Return/Risk: For every unit of risk this fund takes, it produces 20% more returns.
Volatility Protection: This fund ranks lower in terms of protecting against volatility within its category.
Exit Load: 0.5% for redemption within 90 Days