Mutual Fund

Kotak INDIA eq CONTRA fund

By Rajendra

Sep 18, 2022

image source -kotak MF

Scheme Analysis

Thick Brush Stroke

Kotak India EQ Contra Fund

Category 

Thematic

Inception

Jul 27, 2005

Benchmark

Nifty 500

Scribbled Arrow

AUM  - 1,379 Cr

Fund Manager

Shibani Kurian

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

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

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

Top 5 Holding

ICICI Bank

Reliance

HDFC Bank

Infosys

SBI

8.32

6.30

5.13

4.78

4.40

Total  - 28.93

Financial Service

IT

FMCG

Thick Brush Stroke

Top 5 Sector -61.74%

29.87

8.63

7.95

7.92

7.37

Capital Good

Oil

Thick Brush Stroke

Scheme Performance

Exit Load

upto 1 year - 1%

Scribbled Arrow

As on 31 Aug. 2022

1 Year

3 Year

5 Year

Period

Returns

5.09%

19.09%

13.32%

Thick Brush Stroke

SIP Performance

Exit Load

upto 1 year - 1%

Scribbled Arrow

As on 30 Aug. 2022

1 Year

3 Year

5 Year

Period

Value

12,556

49,339

90,502

Returns

8.76%

21.63%

16.47%

Monthly SIP of 1,000