| KOTAK PIONEER FUND
Thematic - An open ended equity scheme investing in pioneering innovations theme.
| KOTAK PIONEER FUND
Thematic - An open ended equity scheme investing in pioneering innovations theme.

  

  
Investment Objective

The investment objective of the scheme is 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.
However, there can be no assurance that the investment objective of the Scheme will be realized.

The investment objective of the scheme is 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.
However, there can be no assurance that the investment objective of the Scheme will be realized.

Issuer/
Instrument
Industry/
Rating
% to Net
Assets

Equity & Equity related
Automobiles 8.36
Maruti Suzuki India Limited 5.38
Mahindra & Mahindra Ltd. 2.98
Industrial Products 7.05
Bharat Forge Ltd. 2.36
AIA Engineering Limited. 1.95
Ratnamani Metals & Tubes Ltd. 1.39
Carborundum Universal Ltd. 1.35
Petroleum Products 6.69
Reliance Industries Ltd. 6.69
Banks 6.51
HDFC Bank Ltd. 6.12
Fino Payments Bank Ltd 0.39
Auto Components 6.15
Schaeffler India Ltd 1.68
Sona BLW Precision Forgings Ltd 1.27
Rolex Rings Ltd. 1.24
Samvardhana Motherson International Limited 0.97
Motherson Sumi Wiring India Limited 0.65
Igarashi Motors India Ltd. 0.34
Pharmaceuticals and Biotechnology 5.56
Sun Pharmaceuticals Industries Ltd. 2.37
Zydus Lifesciences Limited 1.66
Divi s Laboratories Ltd. 0.86
Gland Pharma Limited 0.67
IT - Software 5.48
Persistent Systems Limited 4.76
Latent View Analytics Ltd 0.72
Finance 4.46
Bajaj Finance Ltd. 2.39
SBI Cards & Payment Services Pvt. Ltd. 1.73
Aavas Financiers Ltd. 0.34
Transport Services 4.15
Inter Globe Aviation Ltd 2.27
Container Corporation of India Ltd. 1.88
Electrical Equipment 3.79
ABB India Ltd 2.03
Thermax Ltd. 1.76
Consumer Durables 3.42
Titan Company Ltd. 3.42
Fertilizers and Agrochemicals 2.68
Coromandel International Ltd. 1.45
P I Industries Ltd 1.23
Chemicals and Petrochemicals 2.11
Solar Industries India Limited 2.11
Retailing 1.93
Zomato Ltd. 0.80
Trent Ltd 0.76
CarTrade Tech Ltd 0.21
Indiamart intermesh ltd. 0.16
Insurance 1.80
HDFC Life Insurance Company Ltd. 1.14
ICICI Lombard General Insurance Company Ltd 0.66
Realty 1.37
Mahindra Lifespace Developers Ltd 1.37
Gas 1.12
Gujarat State Petronet Ltd. 1.12
Diversified 1.04
3M India Ltd. 1.04
Leisure Services 0.81
Jubilant Foodworks Limited 0.81
Commercial Services and Supplies 0.52
Tracxn Technologies Ltd. 0.52
Financial Technology (Fintech) 0.47
PB Fintech Ltd. 0.47
Entertainment 0.42
Zee Entertainment Enterprises Ltd 0.42
IT - Services 0.08
Affle (India) Ltd. 0.08
Equity & Equity related - Total 75.97
Mutual Fund Units
CI Global Alpha Innovators Corp Class I - 994 Overseas Mutual Fund 11.97
Ishares Nasdaq 100 UCITS ETF USD - for Domestic schemes Overseas Mutual Fund 10.46
Mutual Fund Units - Total 22.43
Triparty Repo 1.16
Net Current Assets/(Liabilities) 0.44
Grand Total 100.00

For viewing detailed portfolio of CI Global Alpha Innovators Corporate Class on desktop please visit: www.kotakmf.com>> Forms & Downloads>>Portfolios>>CI Global Alpha Innovators Corporate Class.


Systematic Investment Plan (SIP) If you had invested Rs 10,000 every month
Monthly SIP of (Rs) 10000 Since Inception 3 years 1 year
Total amount invested (₹) 4,30,000 3,60,000 1,20,000
Total Value as on Apr 28, 2023 (₹) 5,64,969 4,34,086 1,24,400
Scheme Returns (%) 15.49 12.62 7.00
85% Nifty 500 TRI+15% MSCI ACWI Information Technology Index TRI (%) 15.67 14.01 8.88
Alpha -0.18 -1.38 -1.89
85% Nifty 500 TRI+15% MSCI ACWI Information Technology I ndex TRI (₹)# 5,66,716 4,42,781 1,25,571
Nifty 50 (TRI) (₹)^ 5,63,109 4,45,256 1,25,330
Nifty 50 (TRI) Returns (%) 15.30 14.40 8.49

Scheme Inception : - October 31, 2019. The returns are calculated by XIRR approach assuming investment of ₹10,000/- on the 1st working day of every month. XIRR helps in calculating return on investments given an initial and final value and a series of cash inflows and outflows and taking the time of investment into consideration. Since inception returns are assumed to be starting from the beginning of the subsequent month from the date of inception. The SIP Performance is for Regular Plan – Growth Option. # Benchmark ; ^ Additional Benchmark TRI - Total Return Index, In terms of SEBI circular dated January 4, 2018, the performance of the scheme is benchmarked to the Total Return variant (TRI) of the Benchmark Index instead of Price Return Variant (PRI). Alpha is difference of scheme return with benchmark return. *All payouts during the period have been reinvested in the units of the scheme at the then prevailing NAV. Source: ICRA MFI Explorer.
NAV
Reg-Plan-IDCW Rs17.8890
Dir-Plan-IDCW Rs18.9750
Growth option Rs17.8890
Direct Growth option Rs18.9760

Available Plans/Options

A) Regular Plan B) Direct Plan
Options: Payout of IDCW, Reinvestment of IDCW & Growth (applicable for all plans)


Fund Manager* Mr. Harish Krishnan & Mr. Arjun Khanna
(Dedicated fund manager for investments in foreign securities)
Benchmark85% Nifty 500
TRI+15% MSCI ACWI Information Technology Index TRI
Allotment dateOctober 31, 2019
AAUMRs1,611.97 crs
AUMRs1,627.66 crs
Folio count69,374

IDCW Frequency

Trustee's Discretion


Ratios
Portfolio Turnover8.60%
$Beta0.97
$Sharpe ##1.17
$Standard Deviation15.80%
Source: $ ICRA MFI Explorer.

Minimum Investment Amount

Initial Investment: Rs5000 and in multiple of Rs1 for purchase and for Rs0.01 for switches
Additional Investment: Rs1000 & in multiples of Rs1
Ideal Investments Horizon: 5 years & above


Load Structure

Entry Load: Nil.(applicable for all plans)
Exit Load:
a) For redemption / switch out of upto 10% of the initial investment amount (limit) purchased or switched in within 1 year from the date of allotment: Nil.
b) If units redeemed or switched out are in excess of the limit within 1 year from the date of allotment: 1%
c) If units are redeemed or switched out on or after 1 year from the date of allotment: NIL


Total Expense Ratio**

Regular: 1.94%; Direct: 0.45%


Data as on April 30, 2023

Fund


Benchmark
This product is suitable for investors who are seeking*:
  • Long term capital growth
  • Investment in equity and equity related securities of companies operating with pioneering innovations theme without any market capitalisation and sector bias.

* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

The above risk-o—meter is based on the scheme portfolio as on 30th April, 2023. An addendum may be issued or updated on the website for new riskometer.


## Risk rate assumed to be 6.90% (FBIL Overnight MIBOR rate as on 28th April 2023). **Total Expense Ratio includes applicable B30 fee and GST.
For Fund Manager experience, please refer 'Our Fund Managers'
For scheme performance, please refer 'Scheme Performances'