Kotak Mahindra Finance Ltd. was launched in 1985. Today, it has become the country’s most trusted financial institution. In the year 2003, it received its banking license from Reserve Bank of India (RBI) and became the first Non Banking Finance Company (NBFC) in India to convert into a bank named Kotak Mahindra Bank Ltd. (KMBL). Kotak Mahindra Asset Management Company Ltd. (KMAMC) is a wholly owned subsidiary of KMBL. KMAMC is the asset manager of Kotak Mahindra Mutual Fund (KMMF). Kotak Mutual Fund provides various mutual fund schemes to its investors. The top recommended schemes of Kotak MF are mentioned below.
1. Kotak Small Cap Fund - Regular Plan
Erstwhile Kotak Mid Cap FundAs on May 29th, 2018, its NAV (growth) was Rs. 78.786 and NAV (dividend) was Rs. 40.685.The AUM as on April 30th, 2018 was Rs. 876.78 crore.Its benchmark is Nifty Smallcap 50.98.77% of this fund has been invested in equities.The sectors in which this fund has invested maximum are financial, industrial manufacturing, and consumer goods.The top three companies with maximum investment are Dixon Technologies, Atul Ltd., and Schaeffler India Ltd. with 3.88%, 3.60%, and 2.85% allocation, respectively.This fund is managed by Mr. Pankaj Tibrewal.Entry load is Nil.Exit load is 1%, in case the money is withdrawn within one year of investment.Minimum initial investment amount in this scheme is Rs. 5000.Risk involved in this investment is moderately high.This scheme is for those investors whose aim is to earn long-term capital appreciation through investment in equity and equity-related instruments predominantly in small-cap companies.2. Kotak Emerging Equity Scheme Fund
As on May 29th, 2018, its NAV (growth) was Rs. 39.835 and NAV (dividend) was Rs. 24.444.The AUM as on April 30th, 2018 was Rs. 3285.96 crore.Its benchmark is Nifty Free Float Midcap 100.96.97% of this fund has been invested in equities.The sectors in which this fund has invested maximum are financial, industrial manufacturing, and consumer goods.The top three companies with maximum investment are IndusInd Bank Ltd., Atul Ltd., and Schaeffler India Ltd. with 3.86%, 3.27% and 3.24% allocation, respectively.This fund is managed by Mr. Pankaj Tibrewal.Entry load is Nil.Exit load is 1%, in case the money is withdrawn within one year of investment.Minimum initial investment amount in this scheme is Rs. 5000.Risk involved in this investment is moderately high.This scheme is for those investors whose aim is to earn long-term capital appreciation through investment in equity and equity-related instruments predominantly in mid-cap companies.3. Kotak Standard Multicap Fund
Erstwhile Kotak Select Focus Fund.As on May 29th, 2018, its NAV (growth) was Rs. 39.843 and NAV (dividend) was Rs. 23.423.The AUM as on April 30th, 2018 was Rs. 19227.84 crore.Its benchmark is Nifty 200.93.87% of this fund has been invested in equities.The sectors in which this fund has invested maximum are financial services, energy, and automobile.The top three companies with maximum investment are HDFC Bank Ltd., Larsen And Toubro Ltd., and Reliance Industries Ltd. with 7.28%, 5.46% and 5.01% allocation, respectively.This fund is managed by Mr. Harsha Upadhyaya.Entry load is Nil.Exit load is 1% in case the money is withdrawn within one year.Minimum initial investment amount in this scheme is Rs. 5000.Risk involved in this investment is moderately high.This scheme is for those investors whose aim is to earn long-term capital appreciation through investment in equity and equity-related instruments focused on selected sectors.This was all about Kotak Mutual Fund and its top recommended equity schemes. Hope, this will help you decide the most suitable scheme according to your requirements.
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Dishika is well-versed with the ups and downs of the financial market and has published articles on mutual fund and SIP. She is associated with MySIPonline.com, which is an AMFI registered mutual fund company.
