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Kotak

Equity Savings Fund

NAV as on -
CAGR
Compound annual growth rate
since inception
Features
AUM
` 1843.44 Cr.
Risk
Moderately High

This open ended fund Scheme is suitable for investors seeking*

  1. Income from arbitrage opportunities in the equity market & long term capital growth
  2. investment predominantly in arbitrage opportunities in the cash & derivatives segment of the equity market and equity & equity related securities

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

Fund Manager
Mr. Harish Krishnan
+
  • Mr. Harish Krishnan
    Mr. Harish has a decade of experience spread over Equity Research and Fund Management. Prior to joining Kotak Mutual Fund, he was based out of Singapore and Dubai, managing Kotak''s offshore funds. Mr. Harish has also worked at Infosys Technologies Ltd in his earlier stint. He is a Bachelor of Technology (Electronics & Communications) from Government Engineering College,Trichur, a post Graduate in Management from Indian Institute of Management, Kozhikode and a Chartered Financial Analyst from the CFA Institute.
  • Mr. Abhishek Bisen
    Mr. Abhishek has been associated with the company since October 2006 and his key responsibilities include fund management of debt schemes. Prior to joining Kotak AMC, Me, Abhishek was working with Securities Trading Corporation Of India Ltd where he was looking at Sales & Trading of Fixed Income Products apart from doing Portfolio Advisory. He has been awarded twice as one of the Highly Commended Investors in Indian Rupees Bonds from the Asset magazine Hong Kong. His educational background is B.A (Management) and MBA (Finance).
  • Mr. Arjun Khanna
    Mr. Arjun Khanna has been associated with the Kotak Group since April 2016. He is responsible for the research coverage of Auto Ancillary, Media, Midcaps, Hotel and Agricultural Commodities. Arjun has an overall industry experience of 11 years. Arjun's educational background is MMS (Finance), CFA, B.E.

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Let’s calculate your gain

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If you would have invested `

since inception, it would have become` - i.e. - %CAGR .

About Kotak Equity Savings Fund

  • It is an open-ended equity scheme which aims to generate income from cash-futures arbitrage positions and at the same time allows you to participate in the equity market growth moderately.
  • Benefits of Kotak Equity Savings Fund:
  • Income - Aims to provide income from arbitrage opportunities in cash & derivatives segment of the equity market. Growth Potential - Potential for growth in the long term through moderate exposure in directional equity. Conservative Approach - No aggressive duration or credit risk taken on debt portion. No aggressive mid cap / small cap exposure taken. This we feel should lower the volatility of the fund. Tax Efficiency - The Fund is treated similar to equity funds for tax purposes .* * Please consult your tax adviser with respect to the specific tax implications.

Performanceas on

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  Since
Inception
Last
5 Year
Last
3 Years
Last
1 Years

For performance in SEBI format please refer performance section.

Scheme Inception date is 13/10/2014. Mr. Harish Krishnan and Arjun Khanna has been managing the fund since 09/05/2019. Mr. Abhishek Bisen has been managing the fund since 17/09/2014. Different plans have different expense structure. Past performance may or may not be sustained in future. All payouts during the period have been reinvested in the units of the scheme at the then prevailing NAV. Returns >= 1 year: CAGR (Compounded Annualised Growth Rate). N.A stands for data not available. Note: Point to Point (PTP) Returns in INR shows the value of investment made at inception. Source: ICRA MFI Explorer. 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).

Sector Allocation

Sector % of net asset
Banks 13.21 %
Finance 12.84 %
Petroleum Products 10.25 %
Unrated 5.64 %
Software 4.62 %
Construction Project 2.73 %
Auto 2.7 %
REST 14.87 %
Sector % of net asset

Stocks

Stocks Industry Percentage of net asset
Equity & Equity related (Listed/Awaiting listing on Stock Exchange)
Non-Hedged
CNX BANK INDEX-JAN2020 0 %
CNX NIFTY-JAN2020 0 %
Reliance Industries Ltd. Petroleum Products 3.38 %
HDFC Bank Ltd. Banks 2.92 %
ICICI Bank Ltd. Banks 2.74 %
Bajaj Finance Limited Finance 2.52 %
HDFC Ltd. Finance 1.74 %
Tata Consultancy Services Ltd. Software 1.69 %
Infosys Ltd. Software 1.68 %
Axis Bank Ltd Banks 1.49 %
Kotak Mahindra Bank Ltd. Banks 1.34 %
Titan Company Ltd. Consumer Durables 1.15 %
State Bank Of India Banks 1.03 %
Maruti Suzuki India Limited Auto 1.02 %
Asian Paints Ltd. Consumer Non Durables 0.83 %
GlaxoSmithkline Consumer Healthcare Ltd Consumer Non Durables 0.78 %
Tech Mahindra Ltd. Software 0.7 %
Bharti Airtel Ltd. Telecom - Services 0.66 %
Mahindra & Mahindra Ltd. Auto 0.63 %
Larsen And Toubro Ltd. Construction Project 0.6 %
ITC Ltd. Consumer Non Durables 0.49 %
ACC Ltd. Cement 0.46 %
Motherson Sumi Systems Ltd. Auto Ancillaries 0.45 %
Hindustan Unilever Ltd. Consumer Non Durables 0.43 %
IndusInd Bank Ltd. Banks 0.39 %
Jubilant Foodworks Limited Consumer Non Durables 0.38 %
Tata Steel Limited. Ferrous Metals 0.36 %
Indraprastha Gas Ltd. Gas 0.35 %
Voltas Ltd. Consumer Durables 0.35 %
Dr Reddys Laboratories Ltd Pharmaceuticals 0.34 %
Biocon Ltd. Pharmaceuticals 0.33 %
Britannia Industries Ltd. Consumer Non Durables 0.33 %
Ircon International Ltd Construction Project 0.33 %
GAIL (India) Ltd. Gas 0.28 %
The Ramco Cements Ltd Cement 0.28 %
Hero MotoCorp Ltd. Auto 0.27 %
Bandhan Bank Limited Banks 0.26 %
Chennai Super Kings Cricket Ltd. Media and Entertainment 0.21 %
Solara Active Pharma Sciences Ltd. Pharmaceuticals 0.2 %
Edelweiss Financial Services Ltd Finance 0.19 %
AU Small Finance Bank Ltd. Banks 0.17 %
National Thermal Power Corporation Limited Power 0.15 %
Affle (India) Ltd. Software 0.13 %
BEML Ltd Industrial Capital Goods 0.07 %
Hedged
Reliance Industries Ltd. Petroleum Products 6.19 %
HDFC Ltd. Finance 5.06 %
Adani Enterprises Ltd Trading 1.76 %
GMR Infrastructure Ltd. Construction Project 1.37 %
Punjab National Bank Banks 1.12 %
Bajaj Finance Limited Finance 1.04 %
Grasim Industries Ltd. Cement 0.97 %
ITC Ltd. Consumer Non Durables 0.88 %
Adani Power Ltd Power 0.84 %
Nestle India Ltd. Consumer Non Durables 0.84 %
Shriram Transport Finance Co Ltd. Finance 0.72 %
Axis Bank Ltd Banks 0.7 %
Hindustan Unilever Ltd. Consumer Non Durables 0.62 %
Mahindra & Mahindra Financial Services Ltd. Finance 0.62 %
Sun Pharmaceuticals Industries Ltd. Pharmaceuticals 0.59 %
Max Financial Services Ltd. Finance 0.52 %
Asian Paints Ltd. Consumer Non Durables 0.5 %
Bharat Petroleum Corporation Ltd. Petroleum Products 0.5 %
Godrej Consumer Products Ltd. Consumer Non Durables 0.48 %
Larsen And Toubro Ltd. Construction Project 0.43 %
IndusInd Bank Ltd. Banks 0.39 %
JSW Steel Ltd. Ferrous Metals 0.37 %
Mahindra & Mahindra Ltd. Auto 0.33 %
Jindal Steel & Power Ltd. Ferrous Metals 0.31 %
Inter Globe Aviation Ltd Transportation 0.26 %
Aurobindo Pharma Ltd. Pharmaceuticals 0.25 %
Hero MotoCorp Ltd. Auto 0.25 %
Federal Bank Ltd. Banks 0.23 %
Manappuram Finance Ltd Finance 0.23 %
Bharat Heavy Electricals Ltd. Industrial Capital Goods 0.22 %
Cadila Healthcare Ltd. Pharmaceuticals 0.22 %
Hindustan Petroleum Corporation Ltd Petroleum Products 0.22 %
Vedanta Ltd. Non - Ferrous Metals 0.22 %
HDFC Bank Ltd. Banks 0.21 %
Hindalco Industries Ltd Non - Ferrous Metals 0.2 %
Tata Consultancy Services Ltd. Software 0.19 %
Dabur India Ltd Consumer Non Durables 0.18 %
Divi s Laboratories Limited Pharmaceuticals 0.18 %
NMDC Ltd. Minerals/Mining 0.18 %
Petronet LNG Ltd. Gas 0.18 %
State Bank Of India Banks 0.16 %
Steel Authority of India Ltd. Ferrous Metals 0.16 %
Century Textiles & Industries Ltd. Paper 0.15 %
Mahanagar Gas Ltd Gas 0.15 %
Equitas Holdings Ltd Finance 0.12 %
Marico Ltd. Consumer Non Durables 0.12 %
GAIL (India) Ltd. Gas 0.11 %
HCL Technologies Ltd. Software 0.11 %
Tata Steel Limited. Ferrous Metals 0.11 %
Tech Mahindra Ltd. Software 0.11 %
UPL Ltd Pesticides 0.11 %
Container Corporation of India Ltd. Transportation 0.1 %
Tata Motors Ltd - DVR Auto 0.1 %
Tata Power Co. Ltd. Power 0.1 %
Bharti Airtel Ltd. Telecom - Services 0.09 %
Bajaj Finserv Ltd. Finance 0.08 %
ICICI Bank Ltd. Banks 0.08 %
Lupin Ltd. Pharmaceuticals 0.08 %
Tata Chemicals Ltd. Chemicals 0.08 %
Tata Motors Ltd. Auto 0.07 %
Exide Industries Ltd Auto Ancillaries 0.06 %
Pidilite Industries Ltd. Chemicals 0.06 %
Voltas Ltd. Consumer Durables 0.06 %
Sun TV Network Ltd. Media and Entertainment 0.05 %
Bajaj Auto Ltd. Auto 0.04 %
Rural Electrification Corporation Ltd Finance 0.04 %
Torrent Power Ltd Power 0.03 %
Adani Port and Special Economic Zone Limited Transportation 0.02 %
DLF Limited Construction 0.02 %
SRF Ltd. Textile Products 0.02 %
Ultratech Cement Ltd. Cement 0.02 %
CESC Ltd. Power 0.01 %
Glenmark Pharmaceuticals Ltd Pharmaceuticals 0.01 %
Havells India Ltd. Consumer Durables 0.01 %
Listed/Awaiting Listing on Stock Exchange - Total 67.31 %
Mutual Fund Units
Kotak Money Market Fund Direct Growth 5.64 %
Reliance Mutual Fund CPSE ETF Mutual Fund 0.44 %
Mutual Fund Units - Total 6.08 %
Debt Instruments
Debentures and Bonds
Corporate Debt/Financial Institutions
HDFC Ltd. CRISIL AAA 2.74 %
AXIS Bank Ltd. CRISIL AA+ 2.73 %
Corporate Debt/Financial Institutions - Total 5.47 %
TERM DEPOSITS
HDFC Bank Ltd. 5.55 %
IDFC First Bank Limited 1.95 %
Federal Bank Ltd. 1.08 %
Term Deposits - Total 8.58 %
Triparty Repo 12.26 %
Net Current Assets/(Liabilities) 0.3 %
Detail holdings

Market Capitalisation

Asset Allocation

( as on date : 16/1/2020)

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Fund Vs Benchmark Returns

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Trailing Returns Since
Inception

Scheme Inception date is 13/10/2014. Mr. Harish Krishnan and Arjun Khanna has been managing the fund since 09/05/2019. Mr. Abhishek Bisen has been managing the fund since 17/09/2014. Different plans have different expense structure. Past performance may or may not be sustained in future. All payouts during the period have been reinvested in the units of the scheme at the then prevailing NAV. Returns >= 1 year: CAGR (Compounded Annualised Growth Rate). N.A stands for data not available. Note: Point to Point (PTP) Returns in INR shows the value of investment made at inception. Source: ICRA MFI Explorer. 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).

As on -

See all funds managed by Mr. Harish Krishnan See all funds managed by Mr. Abhishek Bisen See all funds managed by Mr. Arjun Khanna

Click here to know the return of Lumpsum investment made since inception

If you had invested ` as on would have grown to `- as of i.e. -

Kotak Equity Savings FundVS

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Gold prices are available post 1st April, 2006 & are based on daily closing values on MCX. PPF interest rate is taken from (http://www.publicprovidentfund.com/) The Fixed deposit interest rate is based on RBI rate (https://rbi.org.in/) Scheme Return calculated on the basis of scheme NAV; Returns for PPF, FD, Gold are based on publicly available information. Source: AMFI website, PPF, RBI and MCX The above simulation is for illustration purpose only. While amount invested in traditional investment avenue has the highest safety for Principal invested, there is no assurance or guarantee of future performance of the scheme. Year-end balance has been arrived at by adding interest at the rates notified by the competent authorities from time to time. The comparison of Scheme Return vs PPF/FD/Gold has been given for the purpose of the general information only. Unlike other investment avenue referred above, investments in Mutual Funds are subject to market risks. Hence, the performances are not strictly comparable. Kotak Mahindra Asset Management Company Limited will not accept any liability/ responsibility/loss incurred on any investment decision taken on the basis of this information. Past performance may or may not be sustained in the future. Graph showing the number of times investment has increased/decreased in each asset class over the period. It should no way be construed as a recommendation or future outlook on the above mentioned stocks. Past performance of the scheme does not indicate the future performance of the schemes.

The above graph shows the movement of a specified amount vis-à-vis benchmark and additional benchmark in the specified time period (last business day of the selected month) chosen by the investor.

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In SEBI Format

CAGR since Inception 5 Year 3 Years 1 Years Current Value of `10,000
invested at inception

For lumpsum investments, if the investment period is less than 1 year then same return values are displayed for absolute & XIRR. For periods above 1 year, they are annualized. 1 Year is assumed as 365 days. Returns for investments in dividend plans of schemes are calculated after assuming that the net dividend payouts post statutory taxes & levies, are re-invested back in the scheme. Performance is always compared against the latest benchmark of the scheme irrespective of the date of change of scheme's benchmark, if any. Past performance of the scheme does not indicate the future performance of the schemes. As with any investment in securities, the NAV of the units issued under the schemes can go up or down depending on various factors and forces affecting capital markets. The data of the last working day has been considered for the calculation of performance. Scheme Inception date is 13/10/2014. Mr. Deepak Gupta has been managing the fund since 17/09/2014. Mr. Abhishek Bisen has been managing the fund since 17/09/2014. Different plans have different expense structure. Past performance may or may not be sustained in future. All payouts during the period have been reinvested in the units of the scheme at the then prevailing NAV. Returns >= 1 year: CAGR (Compounded Annualised Growth Rate). N.A stands for data not available. Note: Point to Point (PTP) Returns in INR shows the value of investment made at inception. Source: ICRA MFI Explorer. 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).

Click here to know the return of SIP investment made since inception

If you had invested
` every month from to

Total Amount invested `- Value of Investment `- i.e. - CAGR

Kotak Equity Savings FundVS

Please wait while we are fetching the data

Gold prices are available post 1st April, 2006 & are based on daily closing values on MCX. PPF interest rate is taken from (http://www.publicprovidentfund.com/) The Fixed deposit interest rate is based on RBI rate (https://rbi.org.in/) Scheme Return calculated on the basis of scheme NAV; Returns for PPF, FD, Gold are based on publicly available information. Source: AMFI website, PPF, RBI and MCX The above simulation is for illustration purpose only. While amount invested in traditional investment avenue has the highest safety for Principal invested, there is no assurance or guarantee of future performance of the scheme. Year-end balance has been arrived at by adding interest at the rates notified by the competent authorities from time to time. The comparison of Scheme Return vs PPF/FD/Gold has been given for the purpose of the general information only. Unlike other investment avenue referred above, investments in Mutual Funds are subject to market risks. Hence, the performances are not strictly comparable. Kotak Mahindra Asset Management Company Limited will not accept any liability/ responsibility/loss incurred on any investment decision taken on the basis of this information. Past performance may or may not be sustained in the future. Graph showing the number of times investment has increased/decreased in each asset class over the period. It should no way be construed as a recommendation or future outlook on the above mentioned stocks. Past performance of the scheme does not indicate the future performance of the schemes. Scheme Inception : - October 13, 2014. The returns are calculated by XIRR approach assuming investment 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. 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).

The above graph shows the movement of a specified amount vis-à-vis benchmark and additional benchmark in the specified time period (last business day of the selected month) chosen by the investor.

Systematic Investment Plan

Monthly SIP of `100000 Since Inception 7 years 5 years 3 years 1 year
Total amount invested (Rs) 630,000 NA 600,000 360,000 120,000
Total Value as on Dec 31, 2019 (Rs) 771,540.27 NA 727,457.6 401,498.25 125,636.94
Scheme Returns (%) 7.65 NA 7.64 7.22 8.82
75% NIFTY 50 ARBITRAGE + 25% Nifty 50 (Rs)# 761,655.64 NA 719,157.32 401,458.58 125,269.77
Alpha* 0.49 NA 0.46 0.01 0.58
75% NIFTY 50 ARBITRAGE + 25% Nifty 50 Returns (%) 7.16 NA 7.18 7.21 8.24
Nifty 50 (TRI) (Rs)^ 848,433.04 NA 801,211.28 426,802.52 128,917.64
Nifty 50 (TRI) Returns (%) 11.27 NA 11.51 11.38 14.05

Scheme Inception : - October 13, 2014. The returns are calculated by XIRR approach assuming investment 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. 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).

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Let’s calculate your Dividend

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If you would have invested `

since inception, you would have earned` -as Dividend

and your current value of investment` -

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Dividend History

SUBMIT
Download Excel
Record date Cumulative
dividend
nav
(`/ unit )

Dividends declared from benchmark's constituents isn't taken into account when comparing with investment in scheme's dividend plans.

Investment Objective

The investment objective of the scheme is to generate capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and derivatives segment of the equity market, and enhance returns with a moderate exposure in equity & equity related instruments. However, there is no assurance that the objective of the scheme will be realized.

Benchmark : 75% Nifty 50 Arbitrage+25% Nifty 50 TRI Index

Allotment date : October 13, 2014

  • AUM : `1843.44 Cr

  • AAUM : `1862.15 Cr

Key ratiosas on 31 Dec, 2019

Portfolio turnover ratio 101.01%
$Standard Deviation 3.56%
$Beta 1.1
$Sharpe Ratio ## 0.86%
Modified duration 0.11 yrs
Average maturity 0.12
Yield to maturity 6.06
Tracking Error NA
Expense Ratio (Direct) ** 1.21%
Expense Ratio (Regular) ** 2.1%
Source: $ICRA MFI Explorer## Risk rate assumed to be 5.26% (FBIL Overnight MIBOR rate as on 31 December 2019)**Total Expense Ratio includes applicable B30 fee and GST.
Source: $ICRA MFI Explorer Standard Deviation is calculated on Annualised basis using 3 years history of the monthly returns.

This open ended fund Scheme is suitable for investors seeking

  1. Income from arbitrage opportunities in the equity market & long term capital growth
  2. investment predominantly in arbitrage opportunities in the cash & derivatives segment of the equity market and equity & equity related securities

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

    Available Plans/Options

    A) Regular Plan B) Direct Plan

    Options: Dividend Payout, DividendReinvestment & Growth (applicable for allplans)

    Minimum Investment Amount

    Initial Investment:Rs.5000 and in multiple of Rs.1 for purchase and for 0.01 for switches

    Additional Investment:Rs.1000 & in multiples of Rs.1 for purchase and for 0.01 for switches.

    Ideal Investments Horizon:3 Years and above

    Load Structure

    Entry Load:NIL

    Exit Load:

    • I) 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. ii) If units redeemed or switched out are in excess of the limit within 1 year from the date of allotment: 1%. iii) If units are redeemed or switched out on or after 1 year from the date of allotment: Nil.