| KOTAK INDIA EQ CONTRA FUND
An open ended equity Scheme following contrarian investment strategy
An open ended equity Scheme following contrarian investment strategy
| KOTAK INDIA EQ CONTRA FUND
An open ended equity Scheme following contrarian investment strategy
(as on February 28, 2025)
Source: $ICRA MFI Explorer, ^^Bloomberg
## Risk rate assumed to be 6.40% (FBIL Overnight MIBOR rate as on 28th Feb 2025).**Total Expense Ratio includes applicable B30 fee and GST.
* For Fund Manager experience, please refer 'For Regular Plan' & 'For Direct Plan'
For last three IDCW, please refer 'Dividend History'.
For scheme performance, please refer 'For Regular Plan' & 'For Direct Plan'
An open ended equity Scheme following contrarian investment strategy
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Investment Objective
The investment objective of the Scheme is to generate capital appreciation from a diversified portfolio of equity and equity related instruments.
The Scheme will invest in stocks of companies, which are fundamentally sound but are undervalued. Undervalued stocks are stocks of those companies whose true long
term potential is not yet recognised by the market. At times, the broad market takes time to appreciate the long-term potential of some fundamentally sound
companies. Stocks of such companies are traded at prices below their intrinsic value and are regarded as undervalued stocks. We believe that, over a period of time, the
price of a stock reflects the intrinsic value of the underlying company. Thus, the moving up of the price of the undervalued stock towards its intrinsic value will help us
generate capital appreciation for investors. There is no assurance that the investment objective of the Scheme will be achieved.
The investment objective of the Scheme is to generate capital appreciation from a diversified portfolio of equity and equity related instruments.
The Scheme will invest in stocks of companies, which are fundamentally sound but are undervalued. Undervalued stocks are stocks of those companies whose true long
term potential is not yet recognised by the market. At times, the broad market takes time to appreciate the long-term potential of some fundamentally sound
companies. Stocks of such companies are traded at prices below their intrinsic value and are regarded as undervalued stocks. We believe that, over a period of time, the
price of a stock reflects the intrinsic value of the underlying company. Thus, the moving up of the price of the undervalued stock towards its intrinsic value will help us
generate capital appreciation for investors. There is no assurance that the investment objective of the Scheme will be achieved.
| Issuer/Instrument | % to Net Assets |
|
|---|---|---|
| Equity & Equity related | ||
| Banks | 22.12 | |
| HDFC Bank Ltd. | 6.20 | |
| ICICI Bank Ltd. | 5.95 | |
| State Bank Of India | 3.59 | |
| Axis Bank Ltd. | 2.46 | |
| INDIAN BANK | 1.62 | |
| Kotak Mahindra Bank Ltd. | 1.35 | |
| City Union Bank Ltd. | 0.95 | |
| IT - Software | 12.60 | |
| Infosys Ltd. | 4.54 | |
| Tech Mahindra Ltd. | 3.11 | |
| Mphasis Ltd | 2.62 | |
| Wipro Ltd. | 1.38 | |
| HEXAWARE TECHNOLOGIES LTD. | 0.95 | |
| Finance | 6.35 | |
| SHRIRAM FINANCE LTD. | 2.27 | |
| Power Finance Corporation Ltd. | 1.77 | |
| POONAWALLA FINCORP LTD. | 1.52 | |
| LIC Housing Finance Ltd. | 0.79 | |
| Pharmaceuticals and Biotechnology | 4.72 | |
| Sun Pharmaceuticals Industries Ltd. | 1.74 | |
| JB CHEMICALS & PHARMACEUTICALS LTD. | 1.14 | |
| Torrent Pharmaceuticals Ltd. | 0.96 | |
| Ajanta Pharma Ltd. | 0.88 | |
| Automobiles | 4.37 | |
| Maruti Suzuki India Limited | 2.65 | |
| Hero MotoCorp Ltd. | 1.72 | |
| Consumer Durables | 4.17 | |
| Century Plyboards (India) Ltd. | 1.48 | |
| Voltas Ltd. | 1.20 | |
| Kajaria Ceramics Ltd. | 0.93 | |
| PG ELECTROPLAST LTD | 0.56 | |
| Petroleum Products | 3.48 | |
| RELIANCE INDUSTRIES LTD. | 2.50 | |
| Bharat Petroleum Corporation Ltd. | 0.98 | |
| Healthcare Services | 3.27 | |
| Fortis Healthcare India Ltd | 1.49 | |
| Global Health Ltd. | 1.16 | |
| Metropolis Healthcare Ltd. | 0.62 | |
| Telecom - Services | 2.93 | |
| Bharti Airtel Ltd | 2.93 | |
| Diversified FMCG | 2.64 | |
| Hindustan Unilever Ltd. | 1.43 | |
| ITC Ltd. | 1.21 | |
| Capital Markets | 2.59 | |
| Aditya Birla Sun Life AMC Ltd | 1.39 | |
| NUVAMA WEALTH MANAGEMENT LIMITED | 1.20 | |
| Power | 2.55 | |
| NTPC LTD | 1.60 | |
| Power Grid Corporation Of India Ltd. | 0.95 | |
| Retailing | 2.41 | |
| SWIGGY LTD | 1.28 | |
| Shoppers Stop Ltd. | 1.13 | |
| Cement and Cement Products | 2.28 | |
| Ultratech Cement Ltd. | 2.28 | |
| Aerospace and Defense | 2.26 | |
| Bharat Electronics Ltd. | 1.11 | |
| ASTRA MICROWAVE PRODUCTS LTD. | 0.75 | |
| ZEN TECHNOLOGIES LTD | 0.40 | |
| Construction | 2.17 | |
| KALPATARU PROJECTS INTERNATIONAL LIMITED | 1.09 | |
| Larsen And Toubro Ltd. | 1.08 | |
| Personal Products | 1.96 | |
| Emami Ltd. | 1.02 | |
| Godrej Consumer Products Ltd. | 0.94 | |
| Fertilizers and Agrochemicals | 1.83 | |
| Coromandel International Ltd. | 1.83 | |
| Gas | 1.69 | |
| GAIL (India) Ltd. | 1.69 | |
| Transport Services | 1.53 | |
| Inter Globe Aviation Ltd | 1.53 | |
| Leisure Services | 1.38 | |
| SAPPHIRE FOODS INDIA LTD. | 1.38 | |
| Beverages | 1.36 | |
| Radico Khaitan Ltd. | 1.36 | |
| Chemicals and Petrochemicals | 1.33 | |
| SRF Ltd. | 1.33 | |
| Oil | 1.24 | |
| Oil & Natural Gas Corporation Ltd. | 1.24 | |
| Industrial Products | 0.99 | |
| APL APOLLO TUBES LTD. | 0.99 | |
| Realty | 0.97 | |
| Oberoi Realty Ltd | 0.97 | |
| Industrial Manufacturing | 0.73 | |
| JYOTI CNC AUTOMATION LTD | 0.58 | |
| JNK INDIA LIMITED | 0.15 | |
| Ferrous Metals | 0.68 | |
| Jindal Steel & Power Ltd. | 0.68 | |
| Auto Components | 0.57 | |
| JK TYRE & INDUSTRIES LTD. | 0.57 | |
| Equity & Equity related - Total | 97.17 | |
| Triparty Repo | 2.98 | |
| Net Current Assets/(Liabilities) | -0.15 | |
| Grand Total | 100.00 | |
| | ||
| Monthly SIP of (₹) 10000 | Since Inception | 10 years | 7 years | 5 years | 3 years | 1 year |
| Total amount invested (₹) | 23,60,000 | 12,00,000 | 8,40,000 | 6,00,000 | 3,60,000 | 1,20,000 |
| Total Value as on Feb 28, 2025 (₹) | 1,12,76,310 | 27,58,437 | 15,44,343 | 9,45,325 | 4,45,159 | 1,07,013 |
| Scheme Returns (%) | 14.06 | 15.89 | 17.10 | 18.26 | 14.32 | -19.62 |
| Nifty 500 (TRI) Returns (%) | 12.96 | 13.89 | 14.64 | 14.93 | 9.95 | -18.23 |
| Alpha* | 1.10 | 2.00 | 2.46 | 3.33 | 4.37 | -1.40 |
| Nifty 500 (TRI) (₹)# | 98,80,754 | 24,77,637 | 14,14,722 | 8,71,405 | 4,17,879 | 1,07,967 |
| Nifty 100 (TRI) Returns (%) | 12.60 | 12.91 | 13.16 | 13.18 | 8.80 | -15.31 |
| Alpha* | 1.46 | 2.99 | 3.94 | 5.08 | 5.52 | -4.31 |
| Nifty 100 (TRI) (₹)# | 94,66,972 | 23,50,524 | 13,41,905 | 8,34,648 | 4,10,886 | 1,09,947 |
| Nifty 50 (TRI) (₹)^ | 91,59,991 | 23,61,941 | 13,44,619 | 8,34,267 | 4,10,521 | 1,12,215 |
| Nifty 50 (TRI) Returns (%) | 12.32 | 13.00 | 13.22 | 13.16 | 8.74 | -11.93 |
Scheme Inception : - July 27,2005. 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. ***As per para 1.9 of of SEBI Master circular No. SEBI/HO/IMD/IMD-PoD-1/P/CIR/2024/90 dated June 27, 2024 The first tier benchmark is reflective of the category of the scheme and the second tier benchmark is demonstrative of the investment style / strategy of the Fund Manager within the category
Net Asset Value (NAV)
| Regular | Direct | |
| Growth | Rs127.9010 | Rs150.0940 |
| IDCW | Rs44.0870 | Rs53.4110 |
Available Plans/Options
A) Regular Plan B) Direct Plan
Options: Payout of IDCW, Reinvestment of
IDCW & Growth (applicable for all plans)
| Fund Manager* | Ms. Shibani Sircar Kurian |
| Benchmark*** | Nifty 500 TRI (Tier 1), Nifty 100 TRI (Tier 2) |
| Allotment date | July 27, 2005 |
| AAUM | Rs3,762.75 crs |
| AUM | Rs3,603.01 crs |
| Folio count | 1,17,330 |
IDCW Frequency
Trustee's Discretion
Ratios
| Portfolio Turnover | 39.82% |
| $Beta | 0.98 |
| $Sharpe ## | 0.72 |
| $Standard Deviation | 14.54% |
| ^^(P/E) | 19.41 |
| ^^P/BV | 3.06 |
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:
• For redemption / switch out within 90
days from the date of allotment:1%
• If units are redeemed or switched out on
or after 90 days from the date of allotment -
Nil.
Total Expense Ratio**
| Regular Plan: | 1.89% |
| Direct Plan: | 0.60% |
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 - Tier 1 : Nifty 500 TRI
Benchmark - Tier 2 : Nifty 100 TRI
This product is suitable for investors who are seeking*:
Benchmark - Tier 1 : Nifty 500 TRI
Benchmark - Tier 2 : Nifty 100 TRI
This product is suitable for investors who are seeking*:
- Long term capital growth
- Investment in portfolio of predominantly equity & equity related securities.
* 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.
## Risk rate assumed to be 6.40% (FBIL Overnight MIBOR rate as on 28th Feb 2025).**Total Expense Ratio includes applicable B30 fee and GST.
* For Fund Manager experience, please refer 'For Regular Plan' & 'For Direct Plan'
For last three IDCW, please refer 'Dividend History'.
For scheme performance, please refer 'For Regular Plan' & 'For Direct Plan'