| KOTAK INFRASTRUCTURE
& ECONOMIC REFORM FUND

An open ended equity scheme following infrastructure & Economic Reform theme
| KOTAK INFRASTRUCTURE
& ECONOMIC REFORM FUND

An open ended equity scheme following infrastructure & Economic Reform theme

  

  
Investment Objective
The investment objective of the scheme is to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity-related securities of companies involved in economic development of India as a result of potential investments in infrastructure and unfolding economic reforms. However, there is no assurance that the objective of the scheme will be realized.
The investment objective of the scheme is to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity-related securities of companies involved in economic development of India as a result of potential investments in infrastructure and unfolding economic reforms. However, there is no assurance that the objective of the scheme will be realized.
Issuer/Instrument Industry/
Rating
% to Net
Assets

Equity & Equity related
Industrial Products 14.23
Schaeffler India Ltd 4.12
AIA Engineering Limited. 3.06
Supreme Industries Limited 2.94
SKF India Ltd 1.57
Cummins India Ltd. 1.44
WPIL Ltd 1.10
Construction 14.09
PNC Infratech Ltd 4.11
Kajaria Ceramics Ltd. 2.89
Rail Vikas Nigam Limited. 2.66
JMC Projects (India) Ltd. 2.39
Mahindra Lifespace Developers Ltd 2.04
Cement 12.02
Ultratech Cement Ltd. 4.67
Shree Cement Ltd. 4.25
The Ramco Cements Ltd 3.10
Construction Project 10.03
Larsen And Toubro Ltd. 5.13
H G Infra Engineering Ltd. 3.48
Techno Electric & Engineering Company Limited 0.89
Sadbhav Engineering Ltd. 0.53
Industrial Capital Goods 7.34
Thermax Ltd. 4.98
ABB India Ltd. 1.54
BEML Ltd. 0.82
Gas 6.18
Gujarat Gas Ltd. 3.78
Indraprastha Gas Ltd. 2.40
Chemicals 5.38
Solar Industries India Limited 5.38
Petroleum Products 4.78
Reliance Industries Ltd. 4.78
Telecom - Services 4.25
Bharti Airtel Ltd 4.25
Power 4.03
National Thermal Power Corporation Limited 2.46
Kalpataru Power Transmission Ltd. 1.57
Ferrous Metals 3.74
Ratnamani Metals & Tubes Ltd. 2.76
APL Apollo Tubes Ltd. 0.98
Transportation 3.66
Container Corporation of India Ltd. 3.66
Services 3.22
Indian Railway Catering And Tourism Corporation Ltd. 3.22
Oil 2.08
Hindustan Oil Exploration Company Ltd. 2.08
Construction Project 0.53
Sadbhav Engineering Ltd. 0.53
Equity & Equity Related- Total 95.03
Triparty Repo 5.43
Net Current Assets/(Liabilities) -0.46
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) 15,70,000 12,00,000 8,40,000 6,00,000 3,60,000 1,20,000
Total Value as on Feb 26, 2021 (Rs) 35,72,159 22,99,460 12,34,225 7,94,884 4,71,594 1,72,747
Scheme Returns (%) 11.82 12.51 10.83 11.23 18.45 92.53
India Infrastructure Index (Customised Index by IISL)(TRI) Returns (%) 5.60 6.67 7.00 8.78 15.67 80.38
Alpha 6.22 5.84 3.83 2.45 2.78 12.16
India Infrastructure Index (Customised Index by IISL) (TRI) (₹)# 22,94,832 16,89,730 10,76,892 7,47,991 4,53,472 1,66,329
Nifty 50 (TRI) (₹)^ 38,18,670 24,12,890 13,63,994 8,87,303 4,78,297 1,58,761
Nifty 50 (TRI) Returns (%) 12.74 13.41 13.64 15.70 19.47 66.33

Scheme Inception : - February 25, 2008. 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 OptionRs19.732
Direct Dividend OptionRs27.081
Growth OptionRs24.672
Direct Growth OptionRs27.392

Available Plans/Options

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


Fund Manager Mr. Harish Krishnan*
BenchmarkIndia Infrastructure Index (Customised Index by IISL)
Allotment dateFebruary 25, 2008
AAUMRs304.41 crs
AUMRs327.51 crs
Folio count17,617

Dividend Frequency

Trustee's Discretion


Ratios
Portfolio Turnover19.84%
$Beta1.04
$Sharpe ##0.16
$Standard Deviation27.41%
(P/E) 21.490
P/BV 2.858
Div Yld 0.94
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: 2.59%; Direct: 1.31%


Data as on February 28, 2021


This product is suitable for investors who are seeking*:
  • Long term capital growth
  • Long term capital appreciation by investing in equity and equity related instruments of companies contributing to infrastructure and economic development of India.

* 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'