| KOTAK GLOBAL INNOVATION FUND OF FUND
An open ended fund of fund investing in units of Wellington Global Innovation Fund or any other similar overseas mutual fund schemes/ETFs
| KOTAK GLOBAL INNOVATION FUND OF FUND
An open ended fund of fund investing in units of Wellington Global Innovation Fund or any other similar overseas mutual fund schemes/ETFs

      

      
Investment Objective
The primary investment objective of the scheme is to provide long-term capital appreciation by investing in units of Wellington Global Innovation Fund or any other similar overseas mutual fund schemes/ETFs.
However, there is no assurance that the objective of the scheme will be realised.

The primary investment objective of the scheme is to provide long-term capital appreciation by investing in units of Wellington Global Innovation Fund or any other similar overseas mutual fund schemes/ETFs.
However, there is no assurance that the objective of the scheme will be realised.

Issuer/Instrument Industry/
Rating		 % to Net
Assets

Equity & Equity Related
Mutual Fund Units
Wellington Global Innovation S USD ACC Overseas Mutual Fund 99.63
Mutual Fund Units - Total 99.63
Triparty Repo 0.80
Net Current Assets/(Liabilities) -0.43
Grand Total 100.00
https://www.kotakmf.com/Information/forms-and-downloads

Systematic Investment Plan (SIP) If you had invested Rs 10,000 every month
Monthly SIP of Rs 10000 Since Inception 1 year
Total amount invested (₹) 1,70,000 1,20,000
Total Value as on Nov 30, 2022 (₹) 1,48,477 1,13,131
Scheme Returns (%) -16.98 -10.46
MSCI AC World TRI (%) 0.56 3.68
Alpha -17.54 -14.15
MSCI AC World TRI (₹)# 1,70,707 1,22,364
Nifty 50 TRI (₹)^ 1,88,621 1,32,238
Nifty 50 TRI (%) 14.79 19.50

Scheme Inception : - July 22,2021. 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. # 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). The debt component of the index is TRI since inception.

NAV
Reg-Plan-IDCW Rs7.0523
Dir-Plan-IDCW Rs7.1751
Growth Option Rs7.0521
Direct Growth Option Rs7.1751

Available Plans/Options

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


Fund Manager* Mr. Arjun Khanna
BenchmarkMSCI AC World TRI
Allotment dateJuly 29, 2021
AAUMRs1,095.93 crs
AUMRs1,130.21 crs
Folio count68,715

Minimum Investment Amount (Existing)

Initial Investment: Rs1000 and in multiple of Rs1 for purchase and of Rs0.01 for switches Additional Investment: Rs1000 & in multiples of Rs1 for purchase and of Rs0.01 for switches
Ideal Investments Horizon: 5 years & above


Load Structure

Entry Load: Nil. (applicable for all plans)
Exit Load: a) For redemptions or switched out within 1 year from the date of allotment of units, irrespective of the amount of investment- 1.00%
b) For redemptions or switched out after 1 year from the date of allotment of units, irrespective of the amount of investment- NIL


Total Expense Ratio**

Regular: 1.65%; Direct: 0.35%


Data as on November 30, 2022

Fund


Benchmark


This product is suitable for investors who are seeking*:
  • Long term capital growth
  • Investment in units of Wellington Global Innovation Fund or any other similar overseas mutual fund schemes/ETFs.

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


**Total Expense Ratio includes applicable B30 fee and GST.
* For Fund Manager experience, please refer 'Our Fund Managers'
For scheme performance, please refer 'Scheme Performances'