Kotak Mahindra Mutual Fund offers an Equity Savings mutual fund plan called Kotak Equity Savings Fund Direct-Growth. Since its debut on September 17, 2014, the fund has been in operation for nine years. The Kotak Equity Savings Fund Direct-Growth has assets under management (AUM) of ₹6,077 Crores, making it a medium-sized fund in its category.
The fund’s stock investments are mainly in the Financial, Unclassified, Energy, Services and Automobile sectors. It has gained less exposure to the Financial and Unclassified sectors than other funds in the category.
Kotak Equity Savings Fund Performance
Last year’s growth returns for the Kotak Equity Savings Fund Direct were 20.27%. It has generated 10.68% average yearly returns since its launch. Every five years, the fund doubles the fund invested in it.
The Kotak Equity Savings Fund Direct-Growth scheme outperforms most other funds in its category in terms of its ability to consistently provide returns. It has a strong capacity to limit losses in a declining market.
Kotak Equity Savings Fund Returns
| Period | Kotak Equity Savings Fund | Category average |
|---|---|---|
| 1 month | 1.36% | 1.35% |
| 3 months | 5.64% | 4.96% |
| 6 months | 10.78% | 8.73% |
| 1 year | 19.96% | 16.03% |
| 3 years | 13.92% | 10.86% |
| 5 years | 12.92% | 11.18% |
Kotak Equity Savings Fund Top 5 Holdings
| Name | Sector | Instrument | Assets |
|---|---|---|---|
|
HDFC Bank Ltd.
|
Financial | Equity | 6.02% |
|
Kotak Liquid – Plan A – Direct Plan-Growth
|
NA | Mutual Fund | 5.06% |
|
Adani Ports and Special Economic Zone Ltd.
|
Services | Equity | 4.09% |
|
ICICI Bank Ltd.
|
Financial | Equity | 4.05% |
|
Kotak Money Market Fund Direct-Growth
|
NA | Mutual Fund | 4.02% |
Kotak Equity Savings Fund Suitability
Equity-savings funds invest around one-third of your money in equity shares, bonds, and arbitrage opportunities, however, the ratio may fluctuate based on the fund manager’s market view.
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.