| KOTAK INFRASTRUCTURE
& ECONOMIC REFORM FUND
An open ended equity scheme following infrastructure & Economic Reform theme
& ECONOMIC REFORM FUND
An open ended equity scheme following infrastructure & Economic Reform theme
| KOTAK INFRASTRUCTURE
& ECONOMIC REFORM FUND
An open ended equity scheme following infrastructure & Economic Reform theme
& ECONOMIC REFORM FUND
An open ended equity scheme following infrastructure & Economic Reform theme
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Investment Objective
The investment objective of the scheme is
to generate long-term capital appreciation
from a diversified portfolio of
predominantly equity and equity-related
securities of companies involved in
economic development of India as a result
of potential investments in infrastructure
and unfolding economic reforms. However,
there is no assurance that the objective of
the scheme will be realized.
The investment objective of the scheme is
to generate long-term capital appreciation
from a diversified portfolio of
predominantly equity and equity-related
securities of companies involved in
economic development of India as a result
of potential investments in infrastructure
and unfolding economic reforms. However,
there is no assurance that the objective of
the scheme will be realized.
| Instrument/Industry/Issuer | |
% to Net Assets |
|---|---|---|
| Equity & Equity related |
||
| Auto Components | 14.44 | |
| Bosch Ltd. | 2.62 | |
| Exide Industries Ltd | 2.36 | |
| Samvardhana Motherson International Limited | 2.09 | |
| Apollo Tyres Ltd. | 1.93 | |
| Schaeffler India Ltd | 1.77 | |
| Bharat Forge Ltd. | 1.64 | |
| Sansera Engineering Ltd. | 1.10 | |
| Rolex Rings Ltd. | 0.93 | |
| Construction | 14.07 | |
| Larsen And Toubro Ltd. | 3.31 | |
| Kalpataru Projects International Limited | 2.86 | |
| G R Infraprojects Limited | 2.76 | |
| Ashoka Buildcon Limited | 2.47 | |
| H G Infra Engineering Ltd. | 1.53 | |
| PNC Infratech Ltd | 1.14 | |
| Industrial Products | 11.07 | |
| Cummins India Ltd. | 2.79 | |
| Ratnamani Metals & Tubes Ltd. | 2.38 | |
| AIA Engineering Limited. | 2.10 | |
| Supreme Industries Limited | 1.11 | |
| Carborundum Universal Ltd. | 0.96 | |
| SKF India Ltd | 0.91 | |
| WPIL Ltd | 0.82 | |
| Transport Services | 8.31 | |
| Mahindra Logistics Ltd | 3.33 | |
| Container Corporation of India Ltd. | 2.84 | |
| Inter Globe Aviation Ltd | 2.14 | |
| Electrical Equipment | 6.78 | |
| Thermax Ltd. | 2.94 | |
| Azad Engineering Ltd | 1.95 | |
| ABB India Ltd | 1.89 | |
| Cement and Cement Products | 6.37 | |
| Ultratech Cement Ltd. | 3.59 | |
| Shree Cement Ltd. | 1.90 | |
| Ambuja Cements Ltd. | 0.88 | |
| Telecom - Services | 4.84 | |
| Bharti Airtel Ltd | 3.46 | |
| Bharti Hexacom Ltd. | 1.38 | |
| Consumer Durables | 4.50 | |
| Kajaria Ceramics Ltd. | 2.79 | |
| V-Guard Industries Ltd. | 1.71 | |
| Agricultural, Commercial and Construction Vehicles | 4.15 | |
| V.S.T Tillers Tractors Ltd | 2.16 | |
| Ashok Leyland Ltd. | 1.60 | |
| BEML Ltd. | 0.39 | |
| Industrial Manufacturing | 3.70 | |
| Jyoti CNC Automation Ltd | 1.51 | |
| Tega Industries Ltd. | 1.24 | |
| JNK India Limited | 0.95 | |
| Gas | 3.55 | |
| GAIL (India) Ltd. | 1.45 | |
| Gujarat State Petronet Ltd. | 1.30 | |
| Gujarat Gas Ltd. | 0.80 | |
| Power | 3.47 | |
| National Thermal Power Corporation Limited | 2.16 | |
| Power Grid Corporation Of India Ltd. | 1.31 | |
| Chemicals and Petrochemicals | 3.17 | |
| Solar Industries India Limited | 3.17 | |
| Finance | 2.67 | |
| Power Finance Corporation Ltd. | 2.67 | |
| Petroleum Products | 1.93 | |
| Reliance Industries Ltd. | 1.93 | |
| Realty | 1.63 | |
| Mahindra Lifespace Developers Ltd | 1.63 | |
| Aerospace and Defense | 1.35 | |
| Bharat Electronics Ltd. | 1.35 | |
| Equity & Equity related - Total | 96.00 | |
| Triparty Repo | 4.87 | |
| Net Current Assets/(Liabilities) | -0.87 | |
| Grand Total | 100.00 | |
| Monthly SIP of (₹) 10000 | Since Inception | 10 years | 7 years | 5 years | 3 years | 1 year |
| Total amount invested (₹) | 19,70,000 | 12,00,000 | 8,40,000 | 6,00,000 | 3,60,000 | 1,20,000 |
| Total Value as on June 28, 2024 (₹) | 1,09,77,959 | 40,08,489 | 23,81,104 | 15,54,768 | 6,64,466 | 1,66,366 |
| Scheme Returns (%) | 18.63 | 22.83 | 29.37 | 39.32 | 44.37 | 79.98 |
| Nifty Infrastructure (TRI) (₹)# Returns (%) | 12.89 | 19.25 | 25.07 | 32.05 | 36.84 | 62.30 |
| Alpha* | 5.75 | 3.59 | 4.30 | 7.28 | 7.53 | 17.68 |
| Nifty Infrastructure (TRI) (₹)# | 62,80,218 | 33,02,627 | 20,46,742 | 13,13,353 | 6,03,923 | 1,56,748 |
| Nifty 50 (TRI) (₹)^ | 71,21,153 | 27,33,445 | 15,75,620 | 9,95,998 | 4,80,654 | 1,39,256 |
| Nifty 50 (TRI) Returns (%) | 14.19 | 15.73 | 17.68 | 20.44 | 19.80 | 31.54 |
Scheme Inception : - February 25, 2008. 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 is for 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)
| Regular | Direct | |
| Growth | Rs70.4720 | Rs81.9850 |
| IDCW | Rs56.3620 | Rs81.0470 |
Available Plans/Options
A) Regular Plan B) Direct Plan
Options: Payout of IDCW, Reinvestment of IDCW & Growth (applicable for all plans)
| Fund Manager*^ | Mr. Nalin Rasik Bhatt |
| Benchmark | Nifty Infrastructure TRI (Tier 1) |
| Allotment date | February 25, 2008 |
| AAUM | Rs2,149.19 crs |
| AUM | Rs2,272.88 crs |
| Folio count | 1,12,515 |
IDCW Frequency
Trustee's Discretion
Ratios
| Portfolio Turnover | 7.44% |
| $Beta | 0.69 |
| $Sharpe ## | 2.04 |
| $Standard Deviation | 12.33% |
| (P/E) | 33.48 |
| P/BV | 5.12 |
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:
a) For redemption / switch out within 90
days from the date of allotment:1%
b) If units are redeemed or switched out on
or after 90 days from the date of allotment -
Nil..
Total Expense Ratio**
| Regular Plan: | 2.00% |
| Direct Plan: | 0.65% |
Data as on 30th June, 2024 unless
otherwise specified.
Fund
Benchmark - Tier 1
This product is suitable for investors who are seeking*:
Benchmark - Tier 1
This product is suitable for investors who are seeking*:
- Long term capital growth
- Long term capital appreciation by investing in equity and equity related instruments of companies contributing to infrastructure and economic development of India.
* 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 30th June, 2024. An addendum may be issued or updated on the website for new riskometer.
^Mr. Arjun Khanna (Dedicated fund manager for investments in foreign securities)
## Risk rate assumed to be 6.86% (FBIL Overnight MIBOR rate as on 28th Jun 2024).**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'