Kotak Mahindra Mutual Fund offers a mid-cap mutual fund plan called Kotak Emerging Equity Fund Direct-Growth. This fund launched on January 1, 2013, making it 11 years old. The Kotak Emerging Equity Fund Direct-Growth has assets under management (AUM) of ₹49,023 crores, making it a medium-sized fund in its category.
The majority of the fund’s money is invested in the capital goods, financial, materials, technology and automobile industries. Compared to other funds in the category, it has taken less exposure in the financial and capital goods sectors.
Kotak Emerging Equity Fund Performance
Kotak Emerging Equity Fund Direct-Growth returns over the previous year is 49.62%. Since its launch, it has generated an average yearly return of 22.45%. Every three years, the fund’s investment doubles.
The Kotak Emerging Equity Fund Direct-Growth scheme has a steady track record of producing returns that are similar to other funds in its category. Its capacity to manage losses in a sinking market is average.
Kotak Emerging Equity Fund Returns
| Period | Kotak Emerging Equity Fund | Category average |
|---|---|---|
| 1 month | 0.74% | 0.56% |
| 3 months | 19.89% | 15.8% |
| 6 months | 29.38% | 25.7% |
| 1 year | 49.77% | 50.65% |
| 3 years | 26.24% | 25.94% |
| 5 years | 29.71% | 28.93% |
Kotak Emerging Equity Fund Top 5 Holdings
| Name | Sector | Instrument | Assets |
|---|---|---|---|
|
Supreme Industries Ltd.
|
Chemicals | Equity | 4.07% |
|
Cummins India Ltd.
|
Capital Goods | Equity | 3.63% |
|
Bharat Electronics Ltd.
|
Capital Goods | Equity | 3.62% |
|
Schaeffler India Ltd.
|
Capital Goods | Equity | 3.45% |
|
Oberoi Realty Ltd.
|
Construction | Equity | 3.24% |
Kotak Emerging Equity Fund Suitability
When you invest for 7 years or longer, you can expect profits that surpass both inflation and fixed income returns.
This fund makes investments in companies that are medium-sized. When stock prices fall, such funds suffer more than those that invest in larger firms. As a result, while long-term returns should be better, there will be more severe ups and downs along the way.
Disclaimer: The information provided in this article is for informational purposes only and should not be considered as financial advice. The data and figures presented are based on publicly available information and may be subject to change. Before making any investment decisions, it is recommended to conduct thorough research, consult with financial advisors, and consider your individual investment goals and risk tolerance. The author and publisher of this article do not assume any responsibility for any investment decisions made based on the information provided.