| KOTAK GLOBAL INNOVATION FUND OF FUND
An open ended fund of fund investing in units of Wellington Global Innovation Fund or any other similar overseas mutual fund schemes/ETFs
An open ended fund of fund investing in units of Wellington Global Innovation Fund or any other similar overseas mutual fund schemes/ETFs
| KOTAK GLOBAL INNOVATION FUND OF FUND
An open ended fund of fund investing in units of Wellington Global Innovation Fund or any other similar overseas mutual fund schemes/ETFs
An open ended fund of fund investing in units of Wellington Global Innovation Fund or any other similar overseas mutual fund schemes/ETFs
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Investment Objective
The primary investment objective of the scheme is to provide long-term capital appreciation by investing in units of Wellington Global Innovation Fund
or any other similar overseas mutual fund schemes/ETFs. The Scheme may, at the discretion of the Investment Manager, also invest in the units/ shares of any other similar
overseas mutual fund schemes/ETFs. It shall be noted ‘similar overseas mutual fund schemes/ETFs’ shall have investment objective, investment strategy, asset allocation and risk
profile/consideration similar to those of Wellington Global Innovation Fund. However, there is no assurance that the objective of the scheme will be achieved.
The primary investment objective of the scheme is to provide long-term capital appreciation by investing in units of Wellington Global Innovation Fund
or any other similar overseas mutual fund schemes/ETFs. The Scheme may, at the discretion of the Investment Manager, also invest in the units/ shares of any other similar
overseas mutual fund schemes/ETFs. It shall be noted ‘similar overseas mutual fund schemes/ETFs’ shall have investment objective, investment strategy, asset allocation and risk
profile/consideration similar to those of Wellington Global Innovation Fund. However, there is no assurance that the objective of the scheme will be achieved.
| Issuer/Instrument | Rating | % to Net Assets |
|---|---|---|
| Mutual Fund Units | ||
| Wellington Global Innovation S USD ACC | Overseas Mutual Fund | 97.12 |
| Geninnov Global Master Fund | Overseas Mutual Fund | 2.46 |
| Mutual Fund Units - Total | 99.58 | |
| Triparty Repo | 1.18 | |
| Net Current Assets/(Liabilities) | -0.76 | |
| Grand Total | 100.00 | |
| Monthly SIP of ₹ 10000 | Since Inception | 3 years | 1 year |
| Total amount invested (₹) | 4,40,000 | 3,60,000 | 1,20,000 |
| Total Value as on Feb 28, 2025 (₹) | 5,54,560 | 4,66,624 | 1,28,102 |
| Scheme Returns (%) | 12.71 | 17.64 | 12.90 |
| MSCI All Country World Index TRI (%) | 17.67 | 20.85 | 21.62 |
| Alpha* | -4.96 | -3.21 | -8.72 |
| MSCI All Country World Index TRI (₹)# | 6,05,107 | 4,88,088 | 1,33,418 |
| Nifty 50 TRI (₹)^ | 5,17,840 | 4,10,325 | 1,12,043 |
| Nifty 50 TRI (%) | 8.88 | 8.71 | -12.19 |
Scheme Inception : - July 29,2021. 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 details provided herein are of Regular Plan - Growth Option Different plans have different expense structure. # Benchmark; ^ Additional Benchmark. TRI – Total Return Index, In terms of para 6.14 of SEBI Master circular No. SEBI/HO/IMD/IMD-PoD-1/P/CIR/2024/90 dated June 27, 2024, 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.
Net Asset Value (NAV)
| Regular | Direct | |
| Growth | Rs10.5359 | Rs11.0058 |
| IDCW | Rs10.5362 | Rs11.0048 |
Available Plans/Options
A) Regular Plan B) Direct Plan
Options: Payout of IDCW, Reinvestment of
IDCW & Growth (applicable for all plans)
| Fund Manager* | Mr. Arjun Khanna |
| Benchmark | MSCI All Country World Index TRI |
| Allotment date | July 29, 2021 |
| AAUM | Rs567.50 crs |
| AUM | Rs546.41 crs |
| Folio count | 35,696 |
Ratios
| Portfolio Turnover | 1.75% |
Minimum Investment Amount
Initial & Additional Investment
• Rs100 and any amount thereafter
Systematic Investment Plan (SIP)
• Rs 100 and any amount thereafter
Ideal Investments Horizon
• 5 years & above
Load Structure
Entry Load:
Nil. (applicable for all plans)
Exit Load: a) For redemptions or switched out within 1
year from the date of allotment of units,
irrespective of the amount of investment-
1.00%
b) For redemptions or switched out after 1
year from the date of allotment of units,
irrespective of the amount of investment-
NIL
Total Expense Ratio**
| Regular Plan: | 1.58% |
| Direct Plan: | 0.50% |
Data as on 28th February, 2025 unless otherwise specified.
Folio Count data as on 31st January 2025.
Folio Count data as on 31st January 2025.
Fund
Benchmark : MSCI All Country World Index TRI
This product is suitable for investors who are seeking*:
- Long term capital growth
- Investment in units of Wellington Global Innovation Fund or any other similar overseas mutual fund schemes/ETFs.
* Investors should consult their financial advisors if in doubt about whether the product is suitable for them.
The above risk-o—meter is based on the scheme portfolio as on 31st January, 2025. An addendum may be issued or updated on the website for new riskometer.
**Total Expense Ratio includes applicable B30 fee and GST.
* For Fund Manager experience, please refer 'For Regular Plan' & 'For Direct Plan'
For scheme performance, please refer 'For Regular Plan' & 'For Direct Plan'