Mutual Fund

Kotak INDIA eq CONTRA fund

By Rajendra

Apr 12, 2023

image source -kotak MF

Scheme Analysis

Category 

Contra

Inception

Oct 8, 1995

Benchmark

Nifty 500

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AUM  - 1,440 Cr

Fund Manager

Shibani Kurian

Thick Brush Stroke

Kotak India EQ Contra Fund

Growth in the economy from here on would be led more by investments and manufacturing and valuations in these segments do not appear stretched

Top 5 Holding

Infosys

ICICI Bank

HDFC Bank

Reliance

Larson & Toubro

5.24

4.84

4.48

3.53

3.39

Total  -  23.48

The fund is positive on capital goods and industrials, automobiles, healthcare, realty, private sector banks and select PSU banks.

Financial Service

Information Technology

Automobile

Top 5 Sector

28.27

10.38

8.47

7.58

6.31

Capital Goods

FMCG

The fund has increased exposure in FMCG sector. There are signs of bottoming out of rural demand slowdown and valuations in a few pockets are lower than historical average levels

Thick Brush Stroke

SIP Performance

Exit Load

upto 12 month - 1%

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As on 31 Mar. 2023

1 Year

3 Year

5 Year

Period

Value

12,335

45,553

85,837

Returns

5.16%

15.85%

14.27%

Monthly SIP of 1,000

Thick Brush Stroke

Scheme Performance

Exit Load

Upto 1 Year - 1.00%

Scribbled Arrow

As on  31 Mar. 2023

1 Year

3 Year

5 Year

Period

Returns

3.32%

31.36%

12.51%