| 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
HDFC Bank Ltd. Banks 4.85 -4.85
ICICI Bank Ltd. Banks 4.60 -4.64
Adani Port and Special Economic Zone Ltd. Transport Infrastructure 3.92 -3.95
Maruti Suzuki India Limited Automobiles 3.10
Ambuja Cements Ltd. Cement and Cement Products 2.01 -2.02
Power Finance Corporation Ltd. Finance 1.94
CNX NIFTY-APR2024 -1.92
Hero MotoCorp Ltd. Automobiles 1.82
Hindustan Unilever Ltd. Diversified FMCG 1.71
Sun Pharmaceuticals Industries Ltd. Pharmaceuticals and Biotechnology 1.59 -1.59
Others 41.35 -14.40
Equity & Equity related - Total 66.89 -33.37
Mutual Fund Units 10.89
Debt Instruments
Debentures and Bonds 4.09
Money Market Instruments 2.03
Commercial Paper(CP)/Certificate of Deposits(CD) 2.06
Treasury Bills 4.09
Triparty Repo 9.98
Net Current Assets/(Liabilities) -0.03
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 Exposure is 33.37%


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 (₹) 11,40,000 8,40,000 6,00,000 3,60,000 1,20,000
Total Value as on Mar 31, 2024 (₹) 18,84,386 12,43,731 8,18,770 4,39,234 1,32,436
Scheme Returns (%) 10.26 11.05 12.43 13.44 20.12
Nifty Equity Savings Index (%) 9.60 9.96 10.52 10.24 14.70
Alpha* 0.66 1.09 1.91 3.20 5.42
Nifty Equity Savings Index (₹) # 18,23,390 11,96,439 7,80,974 4,19,404 1,29,156
CRISIL 10 Year Gilt Index (₹) ^ 15,16,456 10,24,875 6,83,054 3,94,261 1,25,315
CRISIL 10 Year Gilt Index (%) 5.88 5.61 5.15 6.03 8.46
Scheme Inception : - October 13, 2014. 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.

Net Asset Value (NAV)
RegularDirect
Growth Rs23.4682Rs25.4034
Monthly IDCW Rs17.1825Rs18.2371
(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. Devender Singhal,
Mr. Abhishek Bisen &
Mr. Hiten Shah
Benchmark***NIFTY Equity Savings (Tier 1)
Allotment dateOctober 13, 2014
AAUMRs4,704.36 crs
AUMRs4,813.24 crs
Folio count32,149

IDCW Frequency

Monthly (12th of every month)


Debt Quant & Ratios
Average Maturity 1.34 yrs
Modified Duration 0.55 yrs
Macaulay Duration 0.58 yrs
Annualised YTM* 7.26%
$Standard Deviation 3.95%
$Beta 0.76
$ Sharpe## 0.87
P/E$$ 23.49
P/BV$$ 0.13
Portfolio Turnover 491.43%
*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

• 3 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 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 Plan: 1.85%
Direct Plan: 0.73%

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


Fund



Benchmark - Tier 1


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 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.


## 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.
^Mr. Arjun Khanna (Dedicated fund manager for investments in foreign securities).
*For Fund Manager experience, please refer 'Our Fund Managers'
For last three IDCW, please refer 'Dividend History'.
For scheme performance, please refer 'Scheme Performances'