21 Sep 2022
This fund invests in both equity and debt.
It aims to achieve growth by investing in equity and equity related instruments, balanced with income generation by investing in debt and money market instruments.
We are talking about the Kotak Equity Hybrid Fund, an open-ended hybrid scheme investing predominantly in equity and equity related instruments. It has generated more than 11% returns*.
It invests around 65-80% in equity and equity-related instruments, and can invest 20-35% in debt and money market instruments^.
Benchmarked against the NIFTY 50 Hybrid Composite Debt 65:35 Index TRI, this fund has generated double-digit returns over a three-year, five-year and seven-year period**.
Currently, the fund has 72.6% invested in equities, and 27.4% in debt^^.
It has investments across various sectors like banks, software companies, consumer durables, pharmaceuticals and biotechnology, industrial products, petroleum products, cement and cement products, construction and others^^.
More than half of the fund’s current investment in equities is in large-cap companies, and it has a little over 22% in mid-cap companies, more than 12% in small-cap companies, and over 9% in others^^.
This product can be considered by investors who are looking to potentially gain from equities in the long term, but would also like some investment in the debt space, which can help in limiting a downside in adverse times.
*Returns are for Regular plan, Growth option. Data as on 30/08/2022. Scheme inception date: November 25, 1999. Inception date of Regular Plan Growth Option: November 03, 2014.
^^Source: Scheme Information Document (“SID”), Kotak Equity Hybrid Fund
**Refer below for detailed performance related disclosures.
^Source: KMAMC Internal, Data as on 31/8/2022
Kotak Equity Hybrid Fund is managed by Mr. Pankaj Tibrewal and Mr. Abhishek Bisen. Click here to view the funds managed by them.