This large and mid cap fund gave 16.9% returns in 3 years; should you invest? The preference is for companies that have the ability to generate consistent cash flows, have a proven business model with efficient management, and are available at a reasonable price
ET Wealth collaborates with Value Research to analyse top mutual funds. We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision.#sr_widget.onDemand p, #stock_pro.onDemand p{font-size: 14px;line-height: 1.28;} .onDemand .live_stock{left:17px;padding:1px 3px 1px 5px;font-size:12px;font-weight:600;line-height:18px;top:9px} #sr_widget.onDemand .sr_desc{margin:0 auto 0;} #sr_widget.onDemand .sr_desc{color: #024d99;margin-top:10px;} #sr_widget.onDemand .crypto .live_stock .lb-icon{8px 6px 5px 3px !important} #sr_widget.crypto.onDemand a.text{border-bottom:1px solid #ccc;padding-bottom:5px;display:block;width:100%} #sr_widget.onDemand .sr_desc .text p, #stock_pro.onDemand .sr_desc .text p{font-size:12px;font-weight:400;} KOTAK EQUITY OPPORTUNITIES
BASIC FACTS
DATE OF LAUNCH
9 SEPTEMBER 2004
CATEGORY
EQUITY
TYPE
LARGE & MIDCAP
AUM*
Rs.24,055 crore
BENCHMARK
NIFTY LARGE MIDCAP 250
TOTAL RETURN INDEX
WHAT IT COSTS
NAV**
GROWTH OPTION
Rs.339.69
IDCW
Rs.59.26
MINIMUM INVESTMENT
Rs.100
MINIMUM SIP AMOUNT
Rs.100
EXPENSE RATIO# (%)
1.6
EXIT LOAD
For units in excess of 10% of investment, 1% will be charged for redemption within 365 days
*AS ON 30 JUNE 2024
**AS ON 16 JULY 2024
#AS ON 30 JUNE 2024
FUND MANAGER
HARSHA UPADHYAYA
11 YEARS, 10 MONTH
Recent portfolio changes
New entrants
Biocon, Tata Steel (Apr). Power Grid Corporation of India (May). Kotak Mahindra Bank (Jun).
Complete exits
Balkrishna Industries, Coforge (May).
Should You Buy
Earlier run as a multi-cap fund, this fund adopted the large- and mid-cap mandate in 2018. It retains a large-cap tilt, even as it has hiked its mid-cap presence. Its biggest positions are in large caps, while the mid-cap exposure is mostly towards the mid- and tailend of the portfolio. The preference is for companies that have the ability to generate consistent cash flows, have a proven business model with efficient management, and are available at a reasonable price. The fund has put in a strong, consistent show after 2018, barring a dip in 2021. It retains a superior risk-return profile among its peers, with the ability to provide better downside protection.
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This story originally appeared on: India Times - Author:Faqs of Insurances
