| KOTAK PIONEER FUND
An open ended equity scheme investing in pioneering innovation theme.
| KOTAK PIONEER FUND
An open ended equity scheme investing in pioneering innovation theme.

  

  
Investment Objective

The investment objective of the scheme is to generate capital appreciation from a diversified portfolio of equity, equity related instruments and units of global mutual funds which invests into such companies that utilize new forms of production, technology, distribution or processes which are likely to challenge existing markets or value networks, or displace established market leaders, or bring in novel products and/or business models. However, there is no assurance that the objective of the scheme will be achieved.

The investment objective of the scheme is to generate capital appreciation from a diversified portfolio of equity, equity related instruments and units of global mutual funds which invests into such companies that utilize new forms of production, technology, distribution or processes which are likely to challenge existing markets or value networks, or displace established market leaders, or bring in novel products and/or business models. However, there is no assurance that the objective of the scheme will be achieved.


Issuer/Instrument Rating % to Net
Assets

Equity & Equity related
Retailing 12.53
ZOMATO LTD. 3.73
AVENUE SUPERMARTS LTD. 2.06
Trent Ltd 1.95
Info Edge (India) Ltd. 1.74
Medplus Health Services Ltd. 1.04
BRAINBEES SOLUTIONS LIMITED 1.03
SWIGGY LTD 0.98
Auto Components 9.71
UNO MINDA LIMITED 2.40
Bharat Forge Ltd. 2.19
Rolex Rings Ltd. 1.37
MINDA CORPORATION LIMITED 1.29
Schaeffler India Ltd 1.27
SAMVARDHANA MOTHERSON INTERNATIONAL LIMITED 1.19
Industrial Products 5.73
AIA Engineering Limited. 1.60
KEI INDUSTRIES LTD. 1.29
HAPPY FORGINGS LTD 0.97
Ratnamani Metals & Tubes Ltd. 0.96
Carborundum Universal Ltd. 0.91
Automobiles 5.42
Maruti Suzuki India Limited 2.83
Mahindra & Mahindra Ltd. 2.59
Healthcare Services 4.94
ASTER DM HEALTHCARE LTD 2.67
KRISHNA INSTITUTE OF MEDICAL 2.27
Electrical Equipment 4.80
GE VERNOVA T&D INDIA LIMITED 2.02
ABB India Ltd 1.71
Thermax Ltd. 1.07
Pharmaceuticals and Biotechnology 4.44
Sun Pharmaceuticals Industries Ltd. 2.56
MANKIND PHARMA LTD 1.88
Consumer Durables 3.92
Titan Company Ltd. 2.23
Dixon Technologies India Ltd. 1.69
Insurance 3.87
ICICI Lombard General Insurance Company Ltd 2.20
SBI Life Insurance Company Ltd 1.67
Banks 3.82
ICICI Bank Ltd. 1.93
HDFC Bank Ltd. 1.89
Telecom - Services 3.47
BHARTI HEXACOM LTD. 3.47
Petroleum Products 3.05
RELIANCE INDUSTRIES LTD. 3.05
Transport Services 2.97
Inter Globe Aviation Ltd 2.97
IT - Software 2.27
PERSISTENT SYSTEMS LIMITED 2.27
Personal Products 2.17
Godrej Consumer Products Ltd. 2.17
Financial Technology (Fintech) 1.66
PB FINTECH LTD. 1.66
Chemicals and Petrochemicals 1.32
SOLAR INDUSTRIES INDIA LIMITED 1.32
Commercial Services and Supplies 1.25
CMS INFO SYSTEMS LTD 0.92
Tracxn Technologies Ltd. 0.33
IT - Services 1.15
CYIENT LTD. 1.15
Realty 0.94
Mahindra Lifespace Developers Ltd 0.94
Diversified 0.79
3M India Ltd. 0.79
Fertilizers and Agrochemicals 0.50
P I Industries Ltd 0.50
Equity & Equity related - Total 80.72
Mutual Fund Units
Ishares Nasdaq 100 UCITS ETF USD - for Domestic schemes Overseas Mutual Fund 17.24
Mutual Fund Units - Total 17.24
Triparty Repo 1.64
Net Current Assets/(Liabilities) 0.40
Grand Total 100.00

For viewing detailed portfolio of CI Global Alpha Innovators Corporate Class on desktop please visit: www.kotakmf.com>> Forms & Downloads>>Portfolios>>CI Global Alpha Innovators Corporate Class.


Systematic Investment Plan (SIP) If you had invested Rs 10,000 every month
Monthly SIP of (Rs) 10000 Since Inception 5 years 3 years 1 year
Total amount invested (₹) 6,40,000 6,00,000 3,60,000 1,20,000
Total Value as on Jan 31, 2025 (₹) 11,60,264 10,47,060 4,99,204 1,23,756
Scheme Returns (%) 22.38 22.42 22.38 5.84
85% Nifty 500 TRI + 15% MSCI ACWI Information Technology Index 19.89 20.02 18.76 1.35
Alpha* 2.49 2.40 3.63 4.49
85% Nifty 500 TRI + 15% MSCI ACWI Information Technology Index (₹)# 10,87,318 9,87,796 4,74,564 1,20,875
Nifty 50 (TRI) (₹) 9,79,738 8,97,327 4,39,242 1,20,014
Nifty 50 (TRI) Returns (%) 15.92 16.09 13.33 0.02

Scheme Inception : - October 31, 2019. The returns are calculated by XIRR approach assuming investment of ₹10,000/- on the 1st working day of every month. XIRR helps in calculating return on investments given an initial and final value and a series of cash inflows and outflows and taking the time of investment into consideration. Since inception returns are assumed to be starting from the beginning of the subsequent month from the date of inception. The SIP performance details provided herein are of Regular Plan - Growth Option Different plans have different expense structure. # Benchmark; ^ Additional Benchmark. TRI – Total Return Index, In terms of para 6.14 of SEBI Master circular No. SEBI/HO/IMD/IMD-PoD-1/P/CIR/2024/90 dated June 27, 2024, the performance of the scheme is benchmarked to the Total Return variant (TRI) of the Benchmark Index instead of Price Return Variant (PRI). Alpha is difference of scheme return with benchmark return. *All payouts during the period have been reinvested in the units of the scheme at the then prevailing NAV. Source: ICRA MFI Explorer.

Net Asset Value (NAV)
RegularDirect
Growth Rs28.8306Rs31.3600
IDCW Rs28.8436Rs31.3554
(as on January 31, 2025)

Available Plans/Options

A) Regular Plan B) Direct Plan
Options: Payout of IDCW, Reinvestment of IDCW & Growth (applicable for all plans)


Fund Manager* :Mr. Harish Bihani
Benchmark85% Nifty 500 TRI+ 15% MSCI ACWI Information Technology Index TRI
Allotment dateOctober 31, 2019
AAUMRs2,664.40 crs
AUMRs2,666.01 crs
Folio count73,792

IDCW Frequency

Trustee's Discretion


Ratios
Portfolio Turnover25.46%
$Beta0.94
$Sharpe ##0.74
$Standard Deviation13.89%
^^(P/E) 50.73
^^P/BV 7.66
Source: $ICRA MFI Explorer, ^^Bloomberg

Minimum Investment Amount

Initial & Additional Investment
• Rs100 and any amount thereafter
Systematic Investment Plan (SIP)
• Rs 100 and any amount thereafter

Ideal Investments Horizon

• 5 years & above


Load Structure

Entry Load: Nil.(applicable for all plans)
Exit Load:
• For redemption / switch out within 90 days from the date of allotment: 0.5%
• If units are redeemed or switched out on or after 90 days from the date of allotment - Nil


Total Expense Ratio**
Regular Plan: 1.88%
Direct Plan: 0.51%

Data as on 31st January, 2025 unless otherwise specified.
Folio Count data as on 31st December 2024.

Fund


Benchmark : 85% Nifty 500 TRI+ 15% MSCI ACWI
Information Technology Index TRI
This product is suitable for investors who are seeking*:
  • Long term capital growth
  • Investment in equity and equity related securities of companies operating with pioneering innovations theme without any market capitalisation and sector bias.

* Investors should consult their financial advisors if in doubt about whether the product is suitable for them.

The above risk-o—meter is based on the scheme portfolio as on 31st December, 2024. An addendum may be issued or updated on the website for new riskometer.


## Risk rate assumed to be 6.65% (FBIL Overnight MIBOR rate as on 31st Jan 2024). **Total Expense Ratio includes applicable B30 fee and GST.
* For Fund Manager experience, please refer 'For Regular Plan' & 'For Direct Plan'
For scheme performance, please refer 'For Regular Plan' & 'For Direct Plan'