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Kotak

Equity Savings Fund

NAV as on -
CAGR
Compound annual growth rate
since inception
Features
AUM
` 1366.63 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.
  • Mr Hiten Shah
    Mr. Hiten Shah has been associated with the Kotak Group since September 2019. He is responsible for managing Kotak Equity Arbitrage Fund. Hiten has an overall industry experience of 11 years. Hiten’s educational background is MMS in Finance.

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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.

Performance as 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. Mr. Hiten Shah has been managing the fund since 03/10/2019. 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 10.82 %
Cement 9.57 %
Finance 7.79 %
Software 6.81 %
Petroleum Products 6.17 %
Construction Project 2.83 %
REST 20.01 %
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-SEP2020 0 %
CNX NIFTY-SEP2020 0 %
Reliance Industries Ltd. Petroleum Products 4.84 %
HDFC Bank Ltd. Banks 3.56 %
Infosys Ltd. Software 3.27 %
ICICI Bank Ltd. Banks 3.16 %
Tata Consultancy Services Ltd. Software 2.13 %
Bharti Airtel Ltd. Telecom - Services 1.67 %
Axis Bank Ltd Banks 1.58 %
Kotak Mahindra Bank Ltd. Banks 1.56 %
Hindustan Unilever Ltd. Consumer Non Durables 1.54 %
HDFC Ltd. Finance 1.24 %
Larsen And Toubro Ltd. Construction Project 1.19 %
Titan Company Ltd. Consumer Durables 0.91 %
SBI Cards & Payment Services Pvt. Ltd. Finance 0.81 %
The Ramco Cements Ltd Cement 0.72 %
Mahindra & Mahindra Ltd. Auto 0.69 %
Hero MotoCorp Ltd. Auto 0.63 %
Dr Reddys Laboratories Ltd Pharmaceuticals 0.61 %
HDFC Standard Life Insurance Company Ltd. Finance 0.6 %
Bajaj Finance Limited Finance 0.59 %
Britannia Industries Ltd. Consumer Non Durables 0.59 %
ICICI Lombard General Insurance Company Ltd Finance 0.57 %
ACC Ltd. Cement 0.51 %
Castrol (India ) Ltd. Petroleum Products 0.51 %
Maruti Suzuki India Limited Auto 0.51 %
Container Corporation of India Ltd. Transportation 0.49 %
Ircon International Ltd Construction Project 0.49 %
Jubilant Foodworks Limited Consumer Non Durables 0.46 %
HDFC Ltd. Warrants Finance 0.45 %
Indraprastha Gas Ltd. Gas 0.45 %
Motherson Sumi Systems Ltd. Auto Ancillaries 0.45 %
Tata Steel Limited. Ferrous Metals 0.45 %
Asian Paints Ltd. Consumer Non Durables 0.4 %
Solara Active Pharma Sciences Ltd. Pharmaceuticals 0.4 %
ITC Ltd. Consumer Non Durables 0.39 %
Grasim Industries Ltd. Cement 0.38 %
Biocon Ltd. Pharmaceuticals 0.37 %
Chennai Super Kings Cricket Ltd. Media and Entertainment 0.28 %
Persistent Systems Limited Software 0.25 %
National Thermal Power Corporation Limited Power 0.23 %
Reliance Industries Ltd - Partly Paid Shares Petroleum Products 0.12 %
Hedged
Grasim Industries Ltd. Cement 7.84 %
Adani Enterprises Ltd Trading 2.74 %
HDFC Ltd. Finance 1.71 %
Vedanta Ltd. Non - Ferrous Metals 1.63 %
GMR Infrastructure Ltd. Construction Project 1.15 %
Tata Consultancy Services Ltd. Software 1.02 %
Adani Port and Special Economic Zone Limited Transportation 0.9 %
Pidilite Industries Ltd. Chemicals 0.65 %
SBI Life Insurance Company Ltd Finance 0.64 %
Bata India Ltd. Consumer Durables 0.56 %
Nestle India Ltd. Consumer Non Durables 0.53 %
Reliance Industries Ltd. Petroleum Products 0.46 %
Axis Bank Ltd Banks 0.42 %
DLF Limited Construction 0.42 %
Manappuram Finance Ltd Finance 0.4 %
Tata Consumer Products Ltd Consumer Non Durables 0.4 %
Divi s Laboratories Limited Pharmaceuticals 0.38 %
Aurobindo Pharma Ltd. Pharmaceuticals 0.37 %
Dabur India Ltd Consumer Non Durables 0.37 %
JSW Steel Ltd. Ferrous Metals 0.35 %
Hindustan Unilever Ltd. Consumer Non Durables 0.34 %
L&T Finance Holdings Ltd Finance 0.33 %
IndusInd Bank Ltd. Banks 0.31 %
Tata Power Co. Ltd. Power 0.3 %
NMDC Ltd. Minerals/Mining 0.28 %
Power Finance Corporation Ltd. Finance 0.25 %
Petronet LNG Ltd. Gas 0.23 %
Hindustan Petroleum Corporation Ltd Petroleum Products 0.22 %
Godrej Consumer Products Ltd. Consumer Non Durables 0.19 %
Indraprastha Gas Ltd. Gas 0.17 %
Cipla Ltd. Pharmaceuticals 0.14 %
National Aluminium Company Ltd Non - Ferrous Metals 0.14 %
Marico Ltd. Consumer Non Durables 0.13 %
Apollo Tyres Ltd. Auto Ancillaries 0.11 %
Jindal Steel & Power Ltd. Ferrous Metals 0.11 %
ACC Ltd. Cement 0.1 %
Bank Of Baroda Banks 0.09 %
Muthoot Finance Ltd Finance 0.09 %
Tata Motors Ltd. Auto 0.09 %
United Spirits Ltd. Consumer Non Durables 0.09 %
Ashok Leyland Ltd. Auto 0.08 %
Federal Bank Ltd. Banks 0.08 %
State Bank Of India Banks 0.07 %
Sun Pharmaceuticals Industries Ltd. Pharmaceuticals 0.07 %
Tata Chemicals Ltd. Chemicals 0.07 %
Ultratech Cement Ltd. Cement 0.07 %
Container Corporation of India Ltd. Transportation 0.06 %
Exide Industries Ltd Auto Ancillaries 0.06 %
Zee Entertainment Enterprises Ltd Media and Entertainment 0.06 %
Info Edge (India) Ltd. Software 0.05 %
Lupin Ltd. Pharmaceuticals 0.05 %
Max Financial Services Ltd. Finance 0.05 %
Britannia Industries Ltd. Consumer Non Durables 0.04 %
Escorts Ltd. Auto 0.04 %
Glenmark Pharmaceuticals Ltd Pharmaceuticals 0.04 %
HCL Technologies Ltd. Software 0.04 %
Motherson Sumi Systems Ltd. Auto Ancillaries 0.04 %
Shriram Transport Finance Co Ltd. Finance 0.04 %
Tech Mahindra Ltd. Software 0.04 %
Bharat Heavy Electricals Ltd. Industrial Capital Goods 0.03 %
Coal India Ltd. Minerals/Mining 0.03 %
SRF Ltd. Industrial Products 0.03 %
Bharat Petroleum Corporation Ltd. Petroleum Products 0.02 %
Power Grid Corporation Of India Ltd Power 0.02 %
Bajaj Auto Ltd. Auto 0.01 %
Bajaj Finserv Ltd. Finance 0.01 %
Cadila Healthcare Ltd. Pharmaceuticals 0.01 %
Colgate Palmolive (India ) Ltd. Consumer Non Durables 0.01 %
Godrej Properties Limited Construction 0.01 %
HDFC Standard Life Insurance Company Ltd. Finance 0.01 %
Infosys Ltd. Software 0.01 %
Rural Electrification Corporation Ltd Finance 0.01 %
Siemens Ltd. Industrial Capital Goods 0.01 %
United Breweries Ltd. Consumer Non Durables 0.01 %
Wipro Ltd. Software 0.01 %
Listed/Awaiting Listing on Stock Exchange - Total 67.99 %
Mutual Fund Units
Kotak Money Market Fund Direct Growth 13.44 %
Nippon Mutual Fund CPSE ETF Mutual Fund 0.42 %
Mutual Fund Units - Total 13.86 %
Debt Instruments
Debentures and Bonds
Corporate Debt/Financial Institutions
AXIS Bank Ltd. CRISIL AA+ 3.73 %
Corporate Debt/Financial Institutions - Total 3.73 %
TERM DEPOSITS
HDFC Bank Ltd. 5.26 %
Term Deposits - Total 5.26 %
Triparty Repo 8.07 %
Net Current Assets/(Liabilities) 1.09 %
Detail holdings

Market Capitalisation

Asset Allocation

( as on date : 18/9/2020)

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Fund Vs Benchmark Returns as on

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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. Mr. Hiten Shah has been managing the fund since 03/10/2019. 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 See all funds managed by Mr Hiten Shah

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. Abhishek Bisen has been managing the fund since 17/09/2014. Mr. Hiten Shah has been managing the fund since 03/10/2019. 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) 710,000 710,000 600,000 360,000 120,000
Total Value as on 21-Sep-2020 (Rs) 878,000.21 878,000.21 717,396.13 397,911 127,182.01
Scheme Returns (%) 7.15 7.15 7.15 6.71 11.82
75% Nifty 50 Arbitrage+25% Nifty 50 TRI Index (Rs)# 846,118.77 846,118.77 694,351.39 388,417.99 123,509.57
75% Nifty 50 Arbitrage+25% Nifty 50 TRI Index Returns (%) 5.9 5.9 5.83 5.07 5.72
Alpha* 1.25 1.25 1.31 1.64 6.1
Nifty 50 TRI (Rs)## 892,952.14 892,952.14 732,414.92 389,878.09 129,391.6
Nifty 50 TRI Returns (%) 7.72 7.72 7.98 5.33 15.54

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 : `1366.63 Cr

  • AAUM : `1385.66 Cr

Key ratiosas on 31 Aug, 2020

Portfolio turnover ratio 69.16%
$Standard Deviation 8.22%
$Beta 1.53
$Sharpe Ratio ## 0.27%
Modified duration 0.07 yrs
Average maturity 0.08
Yield to maturity 4.72
Tracking Error NA
Expense Ratio (Direct) ** 1.24%
Expense Ratio (Regular) ** 2.2%
Source: $ICRA MFI Explorer## Risk rate assumed to be 3.78% (FBIL Overnight MIBOR rate as on 31 August 2020)**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

    Investment Style:

    investmentStyle maturityStyle

    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 8% 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

    • iv) Any exit load charged (net off Goods and Services Tax, if any) shall be credited back to the respective Scheme (Applicable for all plans). Units issued on reinvestment of dividends shall not be subject to exit load (Applicable for all plans).