Kotak India EQ Contra Fund

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

AUM - 1,440 Cr

Fund Manager

Shibani Kurian

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

SIP Performance Exit Load upto 12 month - 1%

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

Scheme Performance Exit Load Upto 1 Year - 1.00%

As on 31 Mar. 2023

1 Year

3 Year

5 Year

Period

Returns

3.32%

31.36%

12.51%