| KOTAK INDIA EQ CONTRA FUND
An open ended equity Scheme following contrarian investment strategy
| KOTAK INDIA EQ CONTRA FUND
An open ended equity Scheme following contrarian investment strategy

  

  
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 19.59
ICICI Bank Ltd. 5.80
HDFC Bank Ltd. 3.81
State Bank Of India 3.77
Axis Bank Ltd. 2.24
INDIAN BANK 1.65
Kotak Mahindra Bank Ltd. 1.27
City Union Bank Ltd. 1.05
IT - Software 12.59
Infosys Ltd. 4.74
Tech Mahindra Ltd. 3.27
Mphasis Ltd 3.13
Wipro Ltd. 1.45
Finance 5.84
Power Finance Corporation Ltd. 1.93
SHRIRAM FINANCE LTD. 1.67
POONAWALLA FINCORP LTD. 1.35
LIC Housing Finance Ltd. 0.89
Pharmaceuticals and Biotechnology 4.84
Sun Pharmaceuticals Industries Ltd. 1.79
JB CHEMICALS & PHARMACEUTICALS LTD. 1.15
Torrent Pharmaceuticals Ltd. 1.00
Ajanta Pharma Ltd. 0.90
Automobiles 4.46
Maruti Suzuki India Limited 2.56
Hero MotoCorp Ltd. 1.90
Consumer Durables 4.16
Century Plyboards (India) Ltd. 1.55
Voltas Ltd. 1.08
Kajaria Ceramics Ltd. 1.01
PG ELECTROPLAST LTD 0.52
Petroleum Products 3.48
RELIANCE INDUSTRIES LTD. 2.47
Bharat Petroleum Corporation Ltd. 1.01
Power 3.21
NTPC LTD 1.56
Power Grid Corporation Of India Ltd. 1.07
NTPC GREEN ENERGY LIMITED 0.58
Construction 3.06
KALPATARU PROJECTS INTERNATIONAL LIMITED 1.23
Larsen And Toubro Ltd. 1.15
G R Infraprojects Limited 0.68
Aerospace and Defense 2.85
Bharat Electronics Ltd. 1.37
ASTRA MICROWAVE PRODUCTS LTD. 0.86
ZEN TECHNOLOGIES LTD 0.62
Healthcare Services 2.84
Fortis Healthcare India Ltd 1.46
Global Health Ltd. 0.77
Metropolis Healthcare Ltd. 0.61
Telecom - Services 2.84
Bharti Airtel Ltd 2.84
Diversified FMCG 2.80
Hindustan Unilever Ltd. 1.51
ITC Ltd. 1.29
Capital Markets 2.61
Aditya Birla Sun Life AMC Ltd 1.45
NUVAMA WEALTH MANAGEMENT LIMITED 1.16
Cement and Cement Products 2.42
Ultratech Cement Ltd. 2.42
Retailing 2.41
SWIGGY LTD 1.25
Shoppers Stop Ltd. 1.16
Personal Products 2.04
Emami Ltd. 1.06
Godrej Consumer Products Ltd. 0.98
Entertainment 1.95
PVR INOX LIMITED 1.00
Sun TV Network Ltd. 0.95
Gas 1.80
GAIL (India) Ltd. 1.80
Fertilizers and Agrochemicals 1.72
Coromandel International Ltd. 1.72
Transport Services 1.39
Inter Globe Aviation Ltd 1.39
Auto Components 1.36
Exide Industries Ltd 0.72
JK TYRE & INDUSTRIES LTD. 0.64
Oil 1.36
Oil & Natural Gas Corporation Ltd. 1.36
Beverages 1.34
Radico Khaitan Ltd. 1.34
Industrial Manufacturing 1.21
JYOTI CNC AUTOMATION LTD 0.74
JNK INDIA LIMITED 0.47
Leisure Services 1.21
SAPPHIRE FOODS INDIA LTD. 1.21
Realty 1.11
Oberoi Realty Ltd 1.11
Industrial Products 0.98
APL APOLLO TUBES LTD. 0.98
Chemicals and Petrochemicals 0.96
SRF Ltd. 0.96
Ferrous Metals 0.59
Jindal Steel & Power Ltd. 0.59
Equity & Equity related - Total 99.02
Triparty Repo 1.13
Net Current Assets/(Liabilities) -0.15
Grand Total 100.00



Systematic Investment Plan (SIP) If you had invested Rs 10,000 every month
Monthly SIP of (₹) 10000 Since Inception 10 years 7 years 5 years 3 years 1 year
Total amount invested (₹) 23,50,000 12,00,000 8,40,000 6,00,000 3,60,000 1,20,000
Total Value as on Jan 31, 2025 (₹) 1,22,24,147 30,20,360 16,93,391 10,40,905 4,89,301 1,17,173
Scheme Returns (%) 14.82 17.56 19.66 22.18 20.94 -4.33
Nifty 500 (TRI) Returns (%) 13.72 15.55 17.14 18.78 16.21 -3.04
Alpha* 1.11 2.01 2.52 3.40 4.72 -1.29
Nifty 500 (TRI) (₹)# 1,07,04,986 27,10,396 15,48,152 9,58,460 4,57,805 1,18,021
Nifty 100 (TRI) Returns (%) 13.23 14.29 15.25 16.37 13.94 -2.31
Alpha* 1.59 3.27 4.41 5.81 7.00 -2.01
Nifty 100 (TRI) (₹)# 1,01,08,909 25,33,213 14,47,195 9,03,580 4,43,101 1,18,492
Nifty 50 (TRI) (₹)^ 97,12,375 25,27,121 14,40,370 8,96,726 4,39,534 1,20,014
Nifty 50 (TRI) Returns (%) 12.90 14.24 15.12 16.06 13.37 0.02

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)
RegularDirect
Growth Rs138.7659Rs162.6834
IDCW Rs47.8320Rs57.8908
(as on January 31, 2025)

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 dateJuly 27, 2005
AAUMRs3,882.31 crs
AUMRs3,845.07 crs
Folio count1,14,791

IDCW Frequency

Trustee's Discretion


Ratios
Portfolio Turnover41.34%
$Beta0.98
$Sharpe ##0.81
$Standard Deviation13.94%
^^(P/E) 21.97
^^P/BV 3.36
Source: $ICRA MFI Explorer, ^^Bloomberg

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: 1.88%
Direct Plan: 0.60%

Data as on 31st January, 2025 unless otherwise specified.

Folio Count data as on 31st December 2024.

Fund


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 December, 2024. An addendum may be issued or updated on the website for new riskometer.


## Risk rate assumed to be 6.65% (FBIL Overnight MIBOR rate as on 31st Jan 2024).**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'