| 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 realised.
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 realised.
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 realised.
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 realised.
| Issuer/Instrument | Industry/ Rating |
% to Net Assets |
|---|---|---|
| Equity & Equity Related | ||
| Mutual Fund Units | ||
| Wellington Global Innovation S USD ACC | Overseas Mutual Fund | 100.02 |
| Mutual Fund Units - Total | 100.02 | |
| Triparty Repo | 0.35 | |
| Net Current Assets/(Liabilities) | -0.37 | |
| Grand Total | 100.00 | |
| Monthly SIP of Rs 10000 | Since Inception | 1 year |
| Total amount invested (₹) | 2,30,000 | 1,20,000 |
| Total Value as on May 31, 2023(₹) | 2,27,509 | 1,33,208 |
| Scheme Returns (%) | -1.09 | 21.14 |
| MSCI AC World TRI (%) | 4.85 | 14.14 |
| Alpha | -5.95 | 7.00 |
| MSCI AC World TRI(₹)# | 2,41,152 | 1,28,922 |
| Nifty 50 TRI (₹)^ | 2,49,346 | 1,28,128 |
| Nifty 50 TRI (%) | 8.38 | 12.86 |
Scheme Inception : - July 22,2021. 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 is for Regular Plan – Growth Option. Different plans have different expense structure
# 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).
NAV
| Reg-Plan-IDCW | Rs7.736 |
| Dir-Plan-IDCW | Rs7.9203 |
| Growth Option | Rs7.7358 |
| Direct Growth Option | Rs7.9204 |
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 AC World TRI |
| Allotment date | July 29, 2021 |
| AAUM | Rs1,149.85 crs |
| AUM | Rs1,156.52 crs |
| Folio count | 65,148 |
Minimum Investment Amount (Existing)
Initial Investment: Rs1000 and in multiple of
Rs1 for purchase and of Rs0.01 for switches
Additional Investment: Rs1000 & in
multiples of Rs1 for purchase and of Rs0.01
for switches
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: 1.59%; Direct: 0.35%
Data as on May 31, 2023
Fund
Benchmark
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 May, 2023. 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 'Our Fund Managers'
For scheme performance, please refer 'Scheme Performances'