Kotak Multicap Fund: Key Facts to Know

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About Kotak Multi Cap Fund
Basic Details
Investment Detail
Portfolio of the fund & asset allocation
Investment Strategy
Funds Managers
Taxability

(A) About the Kotak Multicap Fund

Kotak Multicap Fund is well-diversified fund from the Kotak Mutual Fund.

The objective of this investment is to generate long-term capital appreciation from a portfolio of equity and equity-related securities across market capitalization.

Further, This fund is suitable for the Investor who has a long term financial goal such as – Daughter’s education, Son’s marriage, Retirement, Dream home.

(B) Basic Details Kotak Multi cap Fund

Fund HouseKotak Mutual Fund
CategoryEquity: Multi Cap
Launch date29-Sep-2021
TypeOpen-ended
Assets₹  3,705 Cr (As on 31-May-2022)
Available at NAV ofRs 9.16 (31 May 2022)

(C) Investment Details

Kotak Multicap Fund - investment Details

(D) Performance of the Investment till now

Kotak Multicap Fund is an absolutely newly Launched fund. It is launched in September 2021. Due to Market Fluctuation and Macro Global effects stocks steeply corrected, which resulted in negative performance.

Even, the investor who is looking to invest in the fund for a longer perspective, should not be afraid of these falls because the fund has not even passed 1 Year.

So, past performance cannot be considered for evaluating future prospects.

(E) Portfolio of the fund & asset allocation

(i) Top 10 Holdings

Kotak Multicap Fund - % Top 10 Holding

Kotak Multicap Fund has total 63 Stocks. whereas, Top 10 Stocks are constituting about 31.14% of the total fund.

(ii) Sector Allocation vis-à-vis Category

Kotak Multicap Fund - Sector Wise Allocation

Kotak Multicap Fund is heavy weightage of Financial Services and Automobile. Whereas, Consumer Discretionary and Metal & Mining are constituting very less proportion of asset allocation.

Further, 92.8% of the Asset allocated in equities, 1.3% in debt and Cash & Cash Equivalent have an allocation of 6%.

(iii) Portfolio Aggregates of the Funds

FundCategory
*Average Mkt Cap (Rs Cr)44,67455,989
Giant (%)30.0433.38
Large (%)12.8013.87
Mid (%)39.9135.90
Small (%)17.8516.75
Tiny (%)0.76

*Average market capitalization of the underlying stock holdings in proportion to their portfolio weights. Market cap is calculated by multiplying the share price with the total number of shares outstanding. A high average market cap indicates that the fund has invested predominantly in large-sized companies

(F) Investment Strategy

The scheme seeks to generate long-term capital appreciation from a portfolio of equity and equity-related securities across market capitalization.

(I) Fund Managers : Mr Abhishek Bisen

Mr. Abhishek Bisen is the Fund Manager of Kotak Multicap fund. He is managing this fund since 8th Sep 2021.

Additionally, he is BA and MBA in Finance. Prior to joining Kotak AMC, he was working with Securities Trading Corporation Of India Ltd where he was looking at Sales & Trading of Fixed Income Products apart from doing Portfolio Advisory.

Even his earlier assignments also include 2 years of merchant banking experience with a leading merchant banking firm.

(G) Taxability of earnings

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor’s dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.
PA Wealth Advisors Blog

Drop us your query at – info@pawealth.in or Visit pawealth.in

References:  valueresearchonline.com, Industry’s Publications, News Publications, Mutual Fund Company.

Disclaimer: The report only represents personal opinions and views of the author. No part of the report should be considered as recommendation for buying/selling any stock. Thus, the report & references mentioned are only for the information of the readers about the industry stated.

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