| KOTAK EQUITY SAVINGS FUND
An open-ended scheme investing in equity, arbitrage and debt
| KOTAK EQUITY SAVINGS FUND
An open-ended scheme investing in equity, arbitrage and debt

  

  
Investment Objective

The investment objective of the scheme is to generate capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and derivatives segment of the equity market, and enhance returns with a moderate exposure in equity & equity related instruments. There is no assurance or guarantee that the investment objective of the scheme will be achieved.

The investment objective of the scheme is to generate capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and derivatives segment of the equity market, and enhance returns with a moderate exposure in equity & equity related instruments. There is no assurance or guarantee that the investment objective of the scheme will be achieved.


Issuer/
Instrument		 Industry/
Rating		 % to Net
Assets		 % to Net Assets
Derivatives

Equity & Equity related
Adani Port and Special Economic Zone Ltd. Transport Infrastructure 4.53 -4.51
Reliance Industries Ltd. Petroleum Products 4.09
ITC Ltd. Diversified FMCG 3.02
Adani Enterprises Ltd. Metals & Minerals Trading 2.92 -2.92
Maruti Suzuki India Limited Automobiles 2.85
ICICI Bank Ltd. Banks 2.78 -2.78
Canara Bank Banks 2.32 -2.32
CNX NIFTY-JUL2022 -2.23
ICICI Bank Ltd. Banks 2.09
Chennai Super Kings Cricket Ltd. Leisure Services 1.99
Others 39.00 -19.32
Equity & Equity related - Total 65.59 -34.08
Mutual Fund Units 13.63
Government Dated Securities 6.14
Triparty Repo 11.95
Net Current Assets/(Liabilities) 2.69
Grand Total 100.00

For detailed portfolio log on to
https://www.kotakmf.com/Products/funds/hybrid-funds/Kotak-Equity-Savings-Fund/Dir-G

Mutual Fund Units as provided above is towards margin for derivatives transactions
Equity Derivative Exposuer is 34.08%


Systematic Investment Plan (SIP) If you had invested Rs 10,000 every month
Monthly SIP of (₹) 10000 Since Inception 7 years 5 years 3 years 1 year
Total amount invested (Rs) 9,30,000 8,40,000 6,00,000 3,60,000 1,20,000
Total Value as on June 30, 2022 (Rs) 12,81,693 11,23,670 7,36,854 4,11,243 1,21,026
Scheme Returns (%) 8.12 8.19 8.16 8.86 1.60
Nifty Equity Savings Index (%) 8.30 8.38 8.11 7.91 -2.32
Alpha -0.17 -0.20 0.05 0.95 3.92
Nifty Equity Savings Index (Rs)# 12,90,581 11,31,511 7,35,937 4,05,544 1,18,502
75% NIFTY 50 ARBITRAGE + 25% Nifty 50 Returns (%) 6.66 6.67 6.46 6.39 0.01
Alpha 1.46 1.51 1.70 2.47 1.59
75% NIFTY 50 ARBITRAGE + 25% Nifty 50 (Rs)# 12,09,271 10,64,628 7,06,194 3,96,499 1,20,004
CRISIL 10 Year Gilt Index (Rs)^ 11,21,320 9,82,424 6,56,749 3,62,453 1,17,022
CRISIL 10 Year Gilt Index (%) 4.75 4.41 3.57 0.44 -4.60

Scheme Inception : - October 13, 2014. The returns are calculated by XIRR approach assuming investment of Rs10,000/- 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. # Benchmark ; ^ Additional Benchmark TRI – Total Return Index, In terms of SEBI circular dated January 4, 2018, the performance of the scheme is benchmarked to the Total Return variant (TRI) of the Benchmark Index instead of Price Return Variant (PRI).
*All payouts during the period have been reinvested in the units of the scheme at the then prevailing NAV. Returns >= 1 year: CAGR (Compounded Annualised Growth Rate). N.A stands for data not available. Note: Point to Point (PTP) Returns in INR shows the value of 10,000/- investment made at inception. Source: ICRA MFI Explorer.
Alpha is difference of scheme return with benchmark return.
***As per SEBI Circular dated 27th October 2021 The first tier benchmark is reflective of the category of the scheme and the second tier benchmark is demonstrative of the investment style / strategy of the Fund Manager within the category.

NAV
Growth optionRs18.3207
Direct Growth optionRs19.4707
Monthly-Reg-Plan-IDCW Rs13.5128
Monthly-Dir-Plan-IDCW Rs14.0997

Available Plans/Options

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


Fund Manager Mr. Devender Singhal,
Mr. Abhishek Bisen,
Mr. Hiten Shah &
Mr. Arjun Khanna*
(Dedicated fund manager for investments in foreign securities)
Benchmark***NIFTY Equity Savings (Tier 1)
75% NIFTY 50 ARBITRAGE, 25% Nifty 50 TRI (Tier 2)
Allotment dateOctober 13, 2014
AAUMRs1,886.72 crs
AUMRs1,908.19 crs
Folio count18,622

IDCW Frequency

Monthly (12th of every month)


Ratios
Portfolio Turnover33.63%
Portfolio Average Maturity 2.77 yrs
IRS Average Maturity* -
Portfolio Modified Duration 2.77 yrs
Net Average Maturity 0.07 yrs
IRS Modified Duration* -
Net Modified Duration 0.07 yrs
Portfolio Macaulay Duration 0.07 yrs
IRS Macaulay Duration* -
Net Macaulay Duration 0.07 yrs
YTM 5.38%
$Beta1.03
$Sharpe ##0.42
$Standard Deviation8.39%
Source: $ ICRA MFI Explorer.

Minimum Investment Amount

Initial Investment: Rs5000 and in multiple of Rs1 for purchase and for Rs0.01 for switches
Additional Investment: Rs1000 & in multiples of Rs1 for purchase and for Rs0.01 for switches
Ideal Investments Horizon: 3 years & above


Load Structure

Entry Load: Nil.
Exit Load:
a) For redemption / switch out of upto 8% of the initial investment amount (limit) purchased or switched in within 90 days from the date of allotment: Nil.
b) If units redeemed or switched out are in excess of the limit within 90 days from the date of allotment: 1%
c) If units are redeemed or switched out after 90 days from the date of allotment: NIL


Total Expense Ratio**

Regular: 2.13%; Direct: 1.12%


Data as on June 30, 2022


Fund



Benchmark


Benchmark



This product is suitable for investors who are seeking*:
  • Income from arbitrage opportunities in the equity market & long term capital growth
  • Investment predominantly in arbitrage opportunities in the cash & derivatives segment of the equity market and equity & equity related securities

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


Effective April 01, 2021 Kotak Equity Savings Fund will be managed by Mr. Devender Singhal, Mr. Abhishek Bisen and Mr. Hiten Shah.
## Risk rate assumed to be 4.95% (FBIL Overnight MIBOR rate as on 30th June 2022). **Total Expense Ratio includes applicable B30 fee and GST.
*For Fund Manager experience, please refer 'Our Fund Managers'
For last three IDCW, please refer 'Dividend History'.
For scheme performance, please refer 'Scheme Performances'