Kotak Gold Fund Direct-Growth
(Scheme Rating)
NAV as of Nov 13, 2024
30.950.55%
- Growth - Direct
(Earn upto 0.34% Extra Returns with Direct Plan)
Fund Category:
Commodities: Gold
Expense Ratio:
0.16%(0.18% Category
average)Fund Size:
Rs. 2,304.87 Cr(17.33% of Investment in Category)
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Kotak Gold Fund Direct-Growth
(Scheme Rating)
NAV as of Nov 13, 2024
30.950.55%
Expense Ratio:
0.16%
Fund Size:
Rs. 2,304.87 Cr
Fund Category:
Commodities: Gold
1. Current NAV: The Current Net Asset Value of the Kotak Gold Fund - Direct Plan as of Nov 13, 2024 is Rs 30.95 for Growth option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: 26.16% (1yr), 15.85% (3yr), 14.19% (5yr) and 6.98% (since launch). Whereas, Category returns for the same time duration are: 26.42104620663846% (1yr), 16.02013522517262% (3yr) and 14.069874482286334% (5yr).
3. Fund Size: The Kotak Gold Fund - Direct Plan currently holds Assets under Management worth of Rs 2123.4111 crore as on Sep 30, 2024.
4. Expense ratio: The expense ratio of the fund is 0.16% for Direct plan as on Nov 04, 2024.
5. Exit Load: Kotak Gold Fund - Direct Plan shall attract an Exit Load, "Exit load of 1%, if redeemed within 15 days."
6. Minimum Investment: Minimum investment required is Rs 100 and minimum additional investment is Rs 100. Minimum SIP investment is Rs 100.
Kotak Gold Fund Direct-Growth Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns -0.43 6.54 3.54 23.70 13.96 13.60 Category Avg -0.57 6.51 3.53 23.85 14.13 13.35 Rank within Category 5 6 6 8 10 3 No. of funds within Category 31 31 31 27 21 21 - Loading...
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Return Comparison
- This Fund
- BenchmarkAxis Gold Direct-G
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Kotak Gold Fund Direct-Growth Fund Details
Investment Objective - The scheme seeks to generate returns by investing in units of Kotak Gold Exchange Traded Fund.
| Fund House | Kotak Mahindra Mutual Fund |
| Launch Date | Jan 01, 2013 |
| Benchmark | Domestic Price of Gold |
| Return Since Launch | 6.72% |
| Riskometer | High |
| Type | Open-ended |
| Risk Grade | Average |
| Return Grade | Below Average |
Kotak Gold Fund Direct-Growth Investment Details
| Minimum Investment (Rs.) | 100.00 |
| Minimum Additional Investment (Rs.) | 100.00 |
| Minimum SIP Investment (Rs.) | 100.00 |
| Minimum Withdrawal (Rs.) | 1,000.00 |
| Exit Load Exit load of 1%, if redeemed within 15 days. | |
Portfolio Allocation
| Name | Type of Instrument | Weight (%) |
|---|---|---|
| Repo | Repo | 0.70 |
| Net Payables | Net Payables | -0.31 |
| MF Units | MF Units | 99.61 |
Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y Kotak Gold Fund Direct-Growth 30.95 2,304.87 -0.43 23.70 13.96 13.60 UTI Gold ETF FoF Direct - Growth 14.63 144.24 -0.62 24.74 - - Axis Gold Direct Plan-Growth 24.18 699.09 -0.84 23.43 14.24 13.60 HDFC Gold Direct Plan-Growth 23.82 2,795.03 -0.67 23.12 14.17 13.53 LIC MF Gold ETF FoF Direct-Growth 20.89 71.29 -0.86 22.76 14.52 13.58
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Standard Deviation
Standard Deviation
Standard deviation is the deviation of the fund's return around mean.
Low Volatality
10.73VS10.79Fund Vs Category Avg
Beta
Beta
Beta shows the portfolio risk in relation to the market. A beta of less than 1 means that the fund returns are less volatile compared to the broader market. A beta of more than 1 means that the fund returns are more volatile than the broader markets. A beta equal to 1 means that fund's volatility is in line with the broader market.
Moderate Volatility
0.94VS0.94Fund Vs Category Avg
Sharpe Ratio
Sharpe Ratio
Sharpe ratio is a risk adjusted performance measure. A fund with a higher Sharpe ratio is considered better than a fund with a lower Sharpe ratio.
Poor risk-adjusted returns
0.97VS1.00Fund Vs Category Avg
Treynor's Ratio
Treynor's Ratio
Treynor is a risk adjusted performance measure. A fund with a higher Treynor ratio is considered better than a fund with a lower Treynor ratio.
Poor risk-adjusted returns
11.06VS11.40Fund Vs Category Avg
Jensen's Alpha
Jensen's Alpha
Alpha shows the ability of the fund manager to outperform the market. A higher Alpha is preferred.
Poor risk-adjusted returns
-0.60VS-0.29Fund Vs Category Avg
Mean Return
Mean Return
Average return generated by the fund during a specified period.
Poor average monthly returns
16.22VS16.58Fund Vs Category Avg
Risk Ratio Chart
- Risk Ratio
- Category Average
Fund Manager
- A.B.Abhishek BisenSince Jan 201344 schemes
- J.V.Jeetu Valechha SonarSince Oct 20222 schemes
Mr. Bisen is a BA and MBA in Finance. Prior to joining Kotak AMC, he 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. His earlier assignments also include 2 years of merchant banking experience with a leading merchant banking firm.
Mr. Sonar is a Post Graduate Diploma in Management in Finance management Prior to joining Kotak AMC Limited, he has worked as institutional dealer with Kotak Securities Ltd. and is part of Kotak Group since 2014.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Kotak Multi Asset Allocation Fund Direct - Growth Multi Asset Allocation 12.78 Unrated 7,485.05 26.21 Kotak Silver ETF FoF Direct - Growth Silver 12.30 Unrated 49.22 26.86
More Kotak Mahindra Mutual Fund
| Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| Kotak Equity Arbitrage Fund Direct-Growth | 54,941.17 | 0.75 | 1.90 | 4.08 | 8.42 | 7.06 | |
| Kotak Emerging Equity Fund Direct-Growth | 50,627.29 | -3.23 | 1.42 | 20.69 | 41.94 | 22.21 | |
| Kotak Flexicap Fund Direct-Growth | 50,582.01 | -4.34 | -2.26 | 9.20 | 30.26 | 14.26 | |
| Kotak Liquid Direct - Growth | 34,548.13 | 0.58 | 1.78 | 3.62 | 7.47 | 6.29 | |
| Kotak Money Market Fund Direct-Growth | 29,487.57 | 0.62 | 1.89 | 3.85 | 7.81 | 6.58 | |
| Kotak Equity Opportunities Fund Direct-Growth | 25,034.05 | -4.15 | -1.34 | 10.83 | 36.09 | 19.46 | |
| Kotak Small Cap Fund Direct-Growth | 17,593.30 | -5.59 | 0.31 | 18.27 | 37.02 | 18.11 | |
| Kotak Bond Short Term Fund Direct-Growth | 16,894.53 | 0.54 | 2.13 | 4.68 | 8.78 | 6.37 | |
| Kotak Balanced Advantage Fund Direct - Growth | 16,751.58 | -1.98 | 0.93 | 9.57 | 20.90 | 11.74 | |
| Kotak Multicap Fund Direct - Growth | 14,799.29 | -4.28 | -1.00 | 13.68 | 43.86 | 24.14 |
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1. Kotak Gold Fund - Direct Plan is Open-ended Gold Commodities scheme which belongs to Kotak Mahindra Mutual Fund House.
2. The fund was launched on Jan 01, 2013.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to generate returns by investing in units of Kotak Gold Exchange Traded Fund. "
2. It is benchmarked against Domestic Price of Gold.
Tax Implications on Kotak Gold Fund Direct-Growth
1. If units are redeemed within 3 years of investment, the whole amount of gain will get added to the investor's income and will be taxed as per his/her applicable slab rate.
2. For units redeemed after 3 years of investment, gains will be taxed at a rate of 20% post indexation benefits. Indexation is a process of recalculating the purchase price after accounting for inflation into it. The benefit of indexation lies in lowering down one's capital gains which brings down the taxable income and thereby reduces taxes on it.
3. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
4. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
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FAQs about Kotak Gold Fund Direct-Growth
- Is it safe to invest in Kotak Gold Fund - Direct Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the Kotak Gold Fund - Direct Plan comes under High risk category.
- What is the category of Kotak Gold Fund - Direct Plan?Kotak Gold Fund - Direct Plan belongs to the Commodities : Gold category of funds.
- How Long should I Invest in Kotak Gold Fund - Direct Plan?The suggested investment horizon of investing into Kotak Gold Fund - Direct Plan is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the Kotak Gold Fund - Direct Plan?The Kotak Gold Fund - Direct Plan is managed by Abhishek Bisen (Since Jan 01, 2013) and Jeetu Valechha Sonar (Since Oct 01, 2022).
Date Sources: Mutual Funds, ETFs, and NPS data are sourced from Value Research. All times stamps are reflecting IST (Indian Standard Time). By using this site, you agree to the Terms of Service and Privacy Policy.
