| KOTAK EQUITY HYBRID FUND
An open-ended hybrid scheme investing predominantly in equity and equity related instruments
| KOTAK EQUITY HYBRID FUND
An open-ended hybrid scheme investing predominantly in equity and equity related instruments

  

  
Investment Objective
Investment objective of the scheme is to achieve growth by investing in equity and equity related instruments, balanced with income generation by investing in debt and money market instruments. However, there is no assurance that the objective of the scheme will be realized.

Investment objective of the scheme is to achieve growth by investing in equity and equity related instruments, balanced with income generation by investing in debt and money market instruments. However, there is no assurance that the objective of the scheme will be realized.


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

Equity & Equity related
Banks 9.63
HDFC Bank Ltd. 3.78
ICICI Bank Ltd. 3.74
Axis Bank Ltd. 1.70
AU Small Finance Bank Ltd. 0.41
IT - Software 8.80
Infosys Ltd. 2.73
Mphasis Ltd 1.47
Tech Mahindra Ltd. 1.38
Tata Consultancy Services Ltd. 1.27
Oracle Financial Services Software Ltd 1.09
Coforge Limited 0.86
Finance 5.81
Power Finance Corporation Ltd. 2.76
Shriram Finance Ltd. 1.14
LIC Housing Finance Ltd. 1.10
Rural Electrification Corporation Ltd 0.81
Pharmaceuticals and Biotechnology 5.11
Sun Pharmaceuticals Industries Ltd. 1.73
Cipla Ltd. 1.31
Torrent Pharmaceuticals Ltd. 0.85
Ipca Laboratories Ltd. 0.61
Zydus Lifesciences Limited 0.61
Industrial Products 4.75
Cummins India Ltd. 1.53
Bharat Forge Ltd. 1.47
Supreme Industries Limited 1.03
Carborundum Universal Ltd. 0.72
Construction 4.25
Larsen And Toubro Ltd. 2.54
Techno Electric & Engineering Company Limited 1.19
Kalpataru Projects International Limited 0.52
Auto Components 3.70
Bosch Ltd. 1.35
Samvardhana Motherson International Limited 1.01
Schaeffler India Ltd 0.77
Uno Minda Limited 0.57
Consumer Durables 3.35
Century Plyboards (India) Ltd. 1.69
Whirlpool of India Ltd. 0.68
Sheela Foam Ltd 0.64
Kajaria Ceramics Ltd. 0.34
Petroleum Products 3.28
Reliance Industries Ltd. 2.27
Bharat Petroleum Corporation Ltd. 0.52
Indian Oil Corporation Ltd 0.49
Chemicals and Petrochemicals 3.26
Solar Industries India Limited 2.48
Galaxy Surfactants Ltd. 0.78
Automobiles 2.61
Maruti Suzuki India Limited 1.71
Mahindra & Mahindra Ltd. 0.90
Telecom - Services 2.50
Bharti Airtel Ltd 2.50
Realty 1.85
Mahindra Lifespace Developers Ltd 1.18
Oberoi Realty Ltd 0.67
Diversified FMCG 1.93
ITC Ltd. 1.24
Hindustan Unilever Ltd. 0.69
Power 1.92
National Thermal Power Corporation Limited 1.92
Cement and Cement Products 1.81
JK Cement Ltd. 1.07
Shree Cement Ltd. 0.74
Electrical Equipment 1.37
Thermax Ltd. 1.37
Beverages 1.33
United Spirits Ltd. 1.33
Oil 1.23
Oil India Limited 1.23
Gas 0.88
Gail (India) Ltd. 0.88
Transport Services 0.75
Blue Dart Express Ltd. 0.75
Insurance 0.58
ICICI Lombard General Insurance Company Ltd 0.58
Healthcare Services 0.57
Fortis Healthcare India Ltd 0.57
Personal Products 0.55
Emami Ltd. 0.55
Fertilizers and Agrochemicals 0.49
Coromandel International Ltd. 0.49
Agricultural, Commercial and Construction Vehicles 0.34
V.S.T Tillers Tractors Ltd 0.34
Aerospace and Defense 0.01
Bharat Electronics Ltd. 0.01
Equity & Equity related - Total 72.66
Real Estate Investments Trusts
Brookfield India Real Estate Trust Realty 0.11
Real Estate Investments Trusts - Total 0.11
Debt Instruments
Debentures and Bonds
Corporate Debt/Financial Institutions
HDFC BANK LTD. CRISIL AAA 1.36
Bharti Telecom Ltd. CRISIL AA+ 0.48
Aditya Birla Finance Ltd. ICRA AAA 0.13
Corporate Debt/Financial Institutions - Total 1.97
Public Sector Undertakings
State Bank of India. (Basel III TIER I Bonds) CRISIL AA+ 0.98
Power Finance Corporation Ltd. CRISIL AAA 0.68
Small Industries Development Bank Of India CRISIL AAA 0.49
Bank of Baroda (Basel III TIER II Bonds) CRISIL AAA 0.48
Punjab National Bank (Basel III TIER I Bonds) CRISIL AA+ 0.39
U P Power Corporation Ltd ( Guaranteed By UP State Government ) CRISIL A+(CE) 0.29
National Bank For Agriculture & Rural Development CRISIL AAA 0.26
Power Finance Corporation Ltd. CRISIL AAA 0.13
Public Sector Undertakings - Total 3.70
Government Dated Securities
7.18% Central Government SOV 10.11
7.25% Central Government SOV 1.92
7.17% Central Government SOV 1.74
8.34% Central Government(^) SOV 1.61
7.26% Central Government(^) SOV 1.04
7.10% Central Government SOV 0.68
8.10% Central Government(^) SOV 0.39
8.12% Central Government(^) SOV 0.29
7.30% Central Government SOV 0.23
7.62% Haryana State Govt-Haryana SOV 0.10
7.67% Punjab State Govt-Punjab SOV 0.10
8.00% Kerala State Govt-Kerala SOV 0.10
8.01% Tamil Nadu State Govt-Tamil Nadu SOV 0.10
8.15% Tamil Nadu State Govt-Tamil Nadu SOV 0.10
7.38% Central Government SOV 0.04
7.71% Gujarat State Govt-Gujarat SOV 0.04
7.71% Andhra Pradesh State Govt-Andhra Pradesh SOV 0.03
7.78% Rajasthan State Govt-Rajasthan SOV 0.03
6.91% Rajasthan State Govt-Rajasthan SOV 0.02
GS CG 22 Aug 2026 - (STRIPS) SOV 0.02
GS CG 23/12/2025 - (STRIPS) SOV 0.02
7.79% Andhra Pradesh State Govt-Andhra Pradesh SOV 0.01
GS CG 22 Feb 2027 - (STRIPS) SOV 0.01
Government Dated Securities - Total 18.73
Treasury Bills
91 DAYS TREASURY BILL 27/06/2024 SOV 0.95
Treasury Bills - Total 0.95
Triparty Repo 1.62
Net Current Assets/(Liabilities) 0.26
Grand Total 100.00


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 (₹) 11,30,000 8,40,000 6,00,000 3,60,000 1,20,000
Total Value as on Mar 31, 2024 (₹) 22,60,566 14,69,265 9,42,338 4,54,934 1,35,199
Scheme Returns (%) 14.19 15.73 18.17 15.91 24.74
NIFTY 50 Hybrid Composite Debt 65:35 Index Returns (%) 12.74 13.46 14.52 13.34 20.76
Alpha* 1.45 2.27 3.65 2.57 3.98
NIFTY 50 Hybrid Composite Debt 65:35 Index (₹)# 21,02,616 13,55,386 8,61,854 4,38,603 1,32,822
Nifty 50 (TRI) (₹)^ 23,70,179 15,05,833 9,52,244 4,61,270 1,37,018
Nifty 50 (TRI) Returns (%) 15.14 16.42 18.60 16.89 27.81

Scheme Inception : - November 25, 1999. 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/2023/74 dated May 19, 2023, 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. ^Mr. Arjun Khanna (Dedicated fund manager for investments in foreign securities). 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 Rs51.9280Rs59.9480
IDCW Rs30.5180Rs36.7490
(as on March 28, 2024)

Available Plans/Options

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


Fund Manager*^ Mr. Atul Bhole
& Mr. Abhishek Bisen
BenchmarkNIFTY 50 Hybrid Composite Debt 65:35 Index
Allotment dateNovember 25, 1999
AAUMRs5,094.07 crs
AUMRs5,160.84 crs
Folio count1,12,064

IDCW Frequency

Trustee’s Discretion


Debt Quant & Ratios
Average Maturity 15.75 yrs
Modified Duration 6.31 yrs
Macaulay Duration 6.58 yrs
Annualised YTM* 7.45%
$Standard Deviation 8.32%
$Beta 0.89
$Sharpe## 0.81
P/E$$ 28.16
P/BV$$ 4.11
Portfolio Turnover 52.34%
*in case of semi annual YTM, it will be annualized.
$$Equity Component of the Portfolio.

Source: $ ICRA MFI Explorer.

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 of upto 8% of the initial investment amount (limit) purchased or switched in within 1 year from the date of allotment: Nil.
b) If units redeemed or switched out are in excess of the limit within 1 year from the date of allotment: 1%
c) If units are redeemed or switched out on or after 1 year from the date of allotment: NIL


Total Expense Ratio**
Regular Plan: 1.82%
Direct Plan: 0.47%

Data as on 31st March, 2024 unless otherwise specified.


Fund



Benchmark


This product is suitable for investors who are seeking*:
  • Long term capital growth
  • Investment in equity & equity related securities balanced with income generation by investing in debt & money.

* 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 March, 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).
(^) Fully or Party blocked against Interest Rate Swap (IRS) Hedging Position through Interest Rate Swaps as on 31 Mar 2024 is 1.45% of the net assets.
## Risk rate assumed to be 7.90% (FBIL Overnight MIBOR rate as on 28th March 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'