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Kotak Nifty India Tourism Index Fund Direct-IDCW
Unrated
NAV as of Nov 13, 2024
8.69-2.20%
(Earn upto 0.63% Extra Returns with Direct Plan)
Fund Category:
Equity: Thematic
Expense Ratio:
0.33%(0.64% Category
average)Fund Size:
Rs. 20.26 Cr(0.01% of Investment in Category)
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Kotak Nifty India Tourism Index Fund Direct-IDCW
Unrated
NAV as of Nov 13, 2024
8.69-2.20%
Expense Ratio:
0.33%
Fund Size:
Rs. 20.26 Cr
Fund Category:
Equity: Thematic
Kotak Nifty India Tourism Index Fund Direct-IDCW Fund Key Highlights
1. Current NAV: The Current Net Asset Value of the Kotak Nifty India Tourism Index Fund - Direct Plan as of Nov 13, 2024 is Rs 8.69 for IDCW option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: -10.37% (since launch). Whereas, Category returns for the same time duration are: 36.71372117154697% (1yr), 16.654732427683822% (3yr) and 22.441462623977472% (5yr).
3. Fund Size: The Kotak Nifty India Tourism Index Fund - Direct Plan currently holds Assets under Management worth of Rs 21.1653 crore as on Sep 30, 2024.
4. Expense ratio: The expense ratio of the fund is 0.33% for Direct plan as on Nov 04, 2024.
5. Exit Load: The given fund doesn't attract any Exit Load.
6. Minimum Investment: Minimum investment required is Rs 100 and minimum additional investment is Rs 100. Minimum SIP investment is Rs 100.
1. Current NAV: The Current Net Asset Value of the Kotak Nifty India Tourism Index Fund - Direct Plan as of Nov 13, 2024 is Rs 8.69 for IDCW option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: -10.37% (since launch). Whereas, Category returns for the same time duration are: 36.71372117154697% (1yr), 16.654732427683822% (3yr) and 22.441462623977472% (5yr).
3. Fund Size: The Kotak Nifty India Tourism Index Fund - Direct Plan currently holds Assets under Management worth of Rs 21.1653 crore as on Sep 30, 2024.
4. Expense ratio: The expense ratio of the fund is 0.33% for Direct plan as on Nov 04, 2024.
5. Exit Load: The given fund doesn't attract any Exit Load.
6. Minimum Investment: Minimum investment required is Rs 100 and minimum additional investment is Rs 100. Minimum SIP investment is Rs 100.
Kotak Nifty India Tourism Index Fund Direct-IDCW Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns -9.30 - - - - - Category Avg -8.85 -5.03 7.25 31.07 15.10 21.39 Rank within Category 62 - - - - - No. of funds within Category 120 105 87 71 32 20 - Loading...
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Return Comparison
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Kotak Nifty India Tourism Index Fund Direct-IDCW Fund Details
Investment Objective - The scheme seeks to provide returns that, before expenses, corresponding to the total returns of the securities as represented by the underlying index, subject to tracking errors.
| Fund House | Kotak Mahindra Mutual Fund |
| Launch Date | Sep 23, 2024 |
| Benchmark | Nifty India Tourism Total Return Index |
| Return Since Launch | -13.08% |
| Riskometer | Very High |
| Type | Open-ended |
| Risk Grade | - |
| Return Grade | - |
Kotak Nifty India Tourism Index Fund Direct-IDCW Investment Details
| Minimum Investment (Rs.) | 100.00 |
| Minimum Additional Investment (Rs.) | 100.00 |
| Minimum SIP Investment (Rs.) | 100.00 |
| Minimum Withdrawal (Rs.) | 100.00 |
| Exit Load | 0% |
Portfolio Allocation
Asset Allocation
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Asset Allocation History
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EquityDebtCash
Sector Allocation
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Market Cap Allocation
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Concentration & Valuation Analysis
| OCT 2024 | SEP 2024 | |
|---|---|---|
| Number of Holdings | 15 | 15 |
| Top 5 Company Holdings | 76.17% | 76.55% |
| Top 10 Company Holdings | 92.03% | 91.89% |
| Company with Highest Exposure | The Indian Hotels Company (21.53%) | Interglobe Aviation (20.17%) |
| Number of Sectors | 3 | 3 |
| Top 3 Sector Holdings | 100.11% | 99.6% |
| Top 5 Sector Holdings | 100.11% | 99.6% |
| Sector with Highest Exposure | Services (85.18%) | Services (83.89%) |
Top Stock Holdings
Sector Holdings in MF
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) Interglobe Aviation Services 20.17 22.64 171.78 51.49 The Indian Hotels Company Services 19.43 62.42 11.75 73.91 GMR Airports Infrastructure Construction 14.2 -63.63 -1.20 32.77 Indian Railway Catering & Tourism Services 11.79 - - - Jubilant FoodWorks Services 10.96 102.77 5.96 23.81 EIH Services 3.41 33.70 10.62 53.17 Devyani International Services 3.31 - - - Sapphire Foods Services 3.29 - - - Westlife Foodworld Services 2.7 490.12 1.39 -11.97 Chalet Hotels Services 2.63 243.51 3.45 37.41
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 Nifty India Tourism Index Fund Direct-IDCW 8.69 Unrated 20.26 -9.30 - - - Mahindra Manulife Business Cycle Fund Direct - IDCW 14.57 Unrated 1,165.00 -8.60 44.57 - - Franklin India Opportunities Direct Fund-IDCW 41.37 Unrated 5,622.81 -6.17 52.07 23.89 28.23 Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF Direct - IDCW 10.05 Unrated 184.28 -9.35 - - - Tata Quant Fund Direct-IDCW 16.38 Unrated 67.78 -6.82 23.23 13.07 -
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Risk Ratio data not available for this fund
Fund Manager
- A.B.Abhishek BisenSince Sep 202437 schemes
- D.S.Devender SinghalSince Sep 202415 schemes
- S.D.Satish DondapatiSince Sep 202410 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. Singhal has done B.A. (Maths) from Delhi University and PGDM, Finance from Fore School of Management, Delhi. Prior to joining Kotak Mahindra AMC , he has worked with Kotak Securities Ltd.(July 2007 -- January 2009) ,Religare (February 2006 -- June 2007), Karvy (July 2004 -- January 2006), P N Vijay Financial Services Pvt Ltd(2001 -- 2004) and Dundee Mutual Fund( Summer Trainee ) (May 2000 -- June 2000 ).
Mr. Dondapati has done MBA Finance Prior to joining Kotak Mutual fund he has worked with Centurian Bank Of Punjab, Bajaj Capital Ltd.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Kotak Nifty Next 50 Index Fund Direct-IDCW Large Cap 19.42 346.22 46.14 Kotak Nifty 50 Index Fund Direct - IDCW Large Cap 15.39 736.00 22.11 Kotak Nifty Midcap 150 Momentum 50 Index Fund Direct-IDCW Mid Cap 9.25 Unrated 48.00 - Kotak Nifty Midcap 50 Index Fund Direct-IDCW Mid Cap 9.20 Unrated 43.54 - Kotak BSE PSU Index Fund Direct-IDCW Thematic-PSU 8.44 Unrated 70.85 - Kotak Nifty 100 Low Volatility 30 Index Fund Direct - IDCW Large Cap 10.20 Unrated 70.66 - Kotak BSE Housing Index Fund Direct - IDCW Thematic 13.23 Unrated 17.82 26.92 Kotak Nifty Financial Services Ex-Bank Index Fund Direct - IDCW Sectoral-Banking 12.88 Unrated 38.30 18.63 Kotak Nifty 200 Momentum 30 Index Fund Direct - IDCW Large Cap 15.68 Unrated 367.79 38.82 Kotak Nifty Smallcap 50 Index Fund Direct - IDCW Small Cap 19.68 Unrated 107.81 33.29
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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About Kotak Nifty India Tourism Index Fund Direct-IDCW
1. Kotak Nifty India Tourism Index Fund - Direct Plan is Open-ended Thematic Equity scheme which belongs to Kotak Mahindra Mutual Fund House.
2. The fund was launched on Sep 23, 2024.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to provide returns that, before expenses, corresponding to the total returns of the securities as represented by the underlying index, subject to tracking errors. "
2. It is benchmarked against Nifty India Tourism Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 99.6% in equities, 0.0% in debts and 0.4% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 91.89000000000001% of the assets, the top 3 sectors constitute around 99.60000000000001% of the assets.
3. The fund largely follows a Blend oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on Kotak Nifty India Tourism Index Fund Direct-IDCW
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. 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.
5. 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.
1. Kotak Nifty India Tourism Index Fund - Direct Plan is Open-ended Thematic Equity scheme which belongs to Kotak Mahindra Mutual Fund House.
2. The fund was launched on Sep 23, 2024.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to provide returns that, before expenses, corresponding to the total returns of the securities as represented by the underlying index, subject to tracking errors. "
2. It is benchmarked against Nifty India Tourism Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 99.6% in equities, 0.0% in debts and 0.4% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 91.89000000000001% of the assets, the top 3 sectors constitute around 99.60000000000001% of the assets.
3. The fund largely follows a Blend oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on Kotak Nifty India Tourism Index Fund Direct-IDCW
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. 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.
5. 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 Nifty India Tourism Index Fund Direct-IDCW
- Is it safe to invest in Kotak Nifty India Tourism Index Fund - Direct Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the Kotak Nifty India Tourism Index Fund - Direct Plan comes under Very High risk category.
- What is the category of Kotak Nifty India Tourism Index Fund - Direct Plan?Kotak Nifty India Tourism Index Fund - Direct Plan belongs to the Equity : Thematic category of funds.
- How Long should I Invest in Kotak Nifty India Tourism Index Fund - Direct Plan?The suggested investment horizon of investing into Kotak Nifty India Tourism Index 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 Nifty India Tourism Index Fund - Direct Plan?The Kotak Nifty India Tourism Index Fund - Direct Plan is managed by Abhishek Bisen (Since Sep 02, 2024) , Devender Singhal (Since Sep 02, 2024) and Satish Dondapati (Since Sep 02, 2024).
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