| KOTAK INDIA EQ CONTRA FUND
An open-ended equity scheme following contrarian investment strategy
| KOTAK INDIA EQ CONTRA FUND
An open-ended equity scheme following contrarian investment strategy

  

  
Investment Objective
The investment objective of the scheme is to generate capital appreciation from a diversified portfolio of equity and equity related instruments. The Scheme will invest in stocks of companies, which are fundamentally sound but are undervalued. Undervalued stocks are stocks of those companies whose true long term potential
is not yet recognised by the market. At times, the broad market takes time to appreciate the long-term potential of some fundamentally sound companies.
Stocks of such companies are traded at prices below their intrinsic value and are regarded as undervalued stocks.
We believe that, over a period of time, the price of a stock reflects the intrinsic value of the underlying company. Thus, the moving up of the price of the undervalued stock towards its intrinsic value will help us generate capital appreciation for investors.
The investment objective of the scheme is to generate capital appreciation from a diversified portfolio of equity and equity related instruments. The Scheme will invest in stocks of companies, which are fundamentally sound but are undervalued. Undervalued stocks are stocks of those companies whose true long term potential
is not yet recognised by the market. At times, the broad market takes time to appreciate the long-term potential of some fundamentally sound companies.
Stocks of such companies are traded at prices below their intrinsic value and are regarded as undervalued stocks.
We believe that, over a period of time, the price of a stock reflects the intrinsic value of the underlying company. Thus, the moving up of the price of the undervalued stock towards its intrinsic value will help us generate capital appreciation for investors.
Issuer/Instrument Industry/
Rating
% to Net
Assets

Equity & Equity related
Banks 26.74
ICICI Bank Ltd. 8.17
HDFC Bank Ltd. 6.57
State Bank Of India 4.25
Axis Bank Ltd. 3.49
AU Small Finance Bank Ltd. 2.14
Federal Bank Ltd. 1.21
IndusInd Bank Ltd. 0.67
Kotak Mahindra Bank Ltd. 0.24
Software 11.73
Infosys Ltd. 6.64
Tata Consultancy Services Ltd. 2.70
HCL Technologies Ltd. 0.99
Mphasis Ltd 0.72
Persistent Systems Limited 0.68
Petroleum Products 8.18
Reliance Industries Ltd. 6.47
Hindustan Petroleum Corporation Ltd 0.77
Bharat Petroleum Corporation Ltd. 0.58
Reliance Industries Ltd - Partly Paid Shares 0.36
Cement 6.55
Ultratech Cement Ltd. 3.67
Shree Cement Ltd. 2.31
The Ramco Cements Ltd 0.57
Finance 6.40
Max Financial Services Ltd. 2.13
Mahindra & Mahindra Financial Services Ltd. 1.22
SBI Cards & Payment Services Pvt. Ltd. 1.03
Aavas Financiers Ltd. 1.03
ICICI Lombard General Insurance Company Ltd 0.99
Auto 5.27
Mahindra & Mahindra Ltd. 2.39
Maruti Suzuki India Limited 2.11
Bajaj Auto Ltd. 0.77
Consumer Non Durables 4.58
Hindustan Unilever Ltd. 1.36
United Breweries Ltd. 0.90
Jubilant Foodworks Limited 0.89
ITC Ltd. 0.81
Godrej Consumer Products Ltd. 0.62
Industrial Products 4.11
Supreme Industries Limited 2.68
SRF Ltd. 1.43
Pharmaceuticals 3.97
Sun Pharmaceuticals Industries Ltd. 1.04
Cadila Healthcare Ltd 1
Torrent Pharmaceuticals Ltd. 0.87
Dr Reddys Laboratories Ltd. 0.65
Alkem Laboratories Ltd. 0.41
Consumer Durables 3.48
Voltas Ltd. 1.45
Dixon Technologies India Ltd. 1.08
Titan Company Ltd. 0.95
Gas 3.13
Gujarat Gas Ltd. 2.15
Gujarat State Petronet Ltd. 0.98
Construction Project 2.98
Larsen And Toubro Ltd. 2.98
Telecom - Services 2.76
Bharti Airtel Ltd 2.76
Construction 2.64
Kajaria Ceramics Ltd. 1.63
Oberoi Realty Ltd 1.01
Ferrous Metals 1.41
Jindal Steel & Power Ltd. 1.41
Industrial Capital Goods 1.23
Bharat Electronics Ltd. 1.23
Power 1.13
National Thermal Power Corporation Limited 1.13
Fertilisers 0.89
Coromandel International Ltd. 0.89
Transportation 0.79
Inter Globe Aviation Ltd 0.79
Textile Products 0.78
Page Industries Ltd 0.78
Auto Ancillaries 0.03
Motherson Sumi Systems Ltd. 0.03
Equity & Equity Related - Total 98.78
Debt Instruments
Debentures and Bonds
Corporate Debt/Financial Institutions
Britannia Industries Ltd. ( ) CRISIL AAA 0.01
Corporate Debt/Financial Institutions - Total 0.01
Triparty Repo 1.61
Net Current Assets/(Liabilities) -0.40
Grand Total 100.00



Systematic Investment Plan (SIP) If you had invested Rs 10,000 every month
Monthly SIP of (₹) 10000 Since Inception 10 years 7 years 5 years 3 years 1 year
Total amount invested (Rs) 18,80,000 12,00,000 8,40,000 6,00,000 3,60,000 1,20,000
Total Value as on Feb 26, 2021 (Rs) 57,53,810 25,81,589 14,12,974 9,07,013 4,87,708 1,63,570
Scheme Returns (%) 13.09 14.67 14.63 16.60 20.87 75.22
Nifty 100 (TRI) Returns (%) 12.68 13.63 13.51 15.19 18.91 65.26
Alpha 0.41 1.04 1.12 1.41 1.95 9.96
Nifty 100 (TRI) (₹)# 55,43,589 24,41,380 13,57,611 8,76,201 4,74,636 1,58,175
Nifty 50 (TRI) (₹)^ 53,71,562 24,12,890 13,63,994 8,87,303 4,78,297 1,58,761
Nifty 50 (TRI) Returns (%) 12.33 13.41 13.64 15.70 19.47 66.33

Scheme Inception : - July 27,2005. 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. # 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).
Alpha is difference of scheme return with benchmark return.
NAV
Dividend Option Rs23.853
Direct Dividend Option Rs27.37
Growth Option Rs69.2
Direct Growth Option Rs76.914

Available Plans/Options

A) Regular Plan B) Direct Plan
Options: Dividend Payout, Dividend Reinvestment & Growth (applicable for all plans)


Fund Manager Ms. Shibani Kurian*
BenchmarkNIFTY 100 TRI
Allotment dateJuly 27, 2005
AAUMRs941.90 crs
AUMRs934.00 crs
Folio count50,703

Dividend Frequency

Trustee's Discretion


Ratios
Portfolio Turnover32.31%
$Beta1.01
$Sharpe ##0.51
$Standard Deviation22.58%
(P/E) 24.695
P/BV 4.515
Div Yld 0.70
Source: $ ICRA MFI Explorer.

Minimum Investment Amount

Initial Investment: Rs5000 and in multiple of Rs1 for purchase and for Rs0.01 for switches
Additional Investment: Rs1000 & in multiples of Rs1
Ideal Investments Horizon: 5 years & above


Load Structure

Entry Load: Nil. (applicable for all plans)
Exit Load:
a) 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.
b) If units redeemed or switched out are in excess of the limit within 1 year from the date of allotment: 1%
c) If units are redeemed or switched out on or after 1 year from the date of allotment: NIL


Total Expense Ratio**

Regular: 2.37%; Direct: 1.03%


Data as on February 28, 2021


This product is suitable for investors who are seeking*:
  • Long term capital growth
  • Investment in portfolio of predominantly equity & equity related securities.

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

## Risk rate assumed to be 3.47% (FBIL Overnight MIBOR rate as on 26th February 2021).**Total Expense Ratio includes applicable B30 fee and GST.
* For Fund Manager experience, please refer 'Our Fund Managers'
For last three dividends, please refer 'Dividend History'.
For scheme performance, please refer 'Scheme Performances'