Kotak Emerging Equity Fund(G)-Direct Plan

View the regular plan of this scheme

Rs 134.224   0.399(0.298 %) NAV as on 24 May 2024
Prime Rating: 4 
Prime Recommendation: Upgrade to see

Fund type:
Equity
AUM (in crores):
₹ 42,699.18
Fund category:
Mid Cap Fund
Fund manager(s):
Atul Bhole
Benchmark:
Nifty Midcap 150 - TRI
Minimum investment:
₹ 100
Launch date:
01 Jan 2013
Min. additional investment:
₹ 100
Expense ratio:
0.38 %
Exit load:
Nil upto 10% of investment and 1% for remaining investment on or before 1Y, Nil after 1Y

Scheme Objective: The investment objective of the scheme is to generate long-term capital appreciation from a portfolio of equity and equity related securities, by investing predominantly in mid companies. The scheme may also invest in Debt and Money Market Instruments, as per the asset allocation table. There is no assurance that the investment objective of the Scheme will be achieved.


Performance (As on 24 May 2024)

6 month returns 1 year returns3 year returns5 year returns Returns since inception
Scheme24.97 % 51.48 % 26.12 %26.48 % 22.00 %
Nifty Midcap 15024.75 % 58.12 % 26.64 %25.30 % N/A

Portfolio

Top 10 stock holdings
Allocation (%)
Cummins India Ltd.
4.5%
Solar Industries India Limited
4.32%
Supreme Industries Limited
4.31%
Schaeffler India Ltd
3.22%
Bharat Electronics Ltd.
3.02%
Thermax Ltd.
2.86%
Oberoi Realty Limited
2.78%
Persistent Systems Limited
2.78%
Power Finance Corporation Ltd.
2.56%
IPCA Laboratories Ltd.
2.53%

About this category

Mid-cap funds invest in stocks from the 101st to the 250th in terms of market capitalisation. As they invest in stocks of smaller companies, they tend to be volatile but can deliver very strong returns during market uptrends. The Nifty Midcap 100, Nifty Midcap 150 or the BSE Midcap can be used as benchmarks to measure performance.

Suitability

Midcap funds suit investors with moderate to high risk appetites. The minimum period for which these funds need to be held is 5 years. Higher risk investors with longer timeframes can allocate more to these funds.

Taxation

Short-term: Holding period is less than 12 months.

Taxation: Capital gains are taxed at 15%


Long-term: Holding period is 12 months or more.

Taxation: Capital gains up to Rs 100,000 each financial year is tax-exempt. Remaining capital gains is taxed at 10%. For investments made on or before January 31st, 2018: Capital gain up to this date is tax-free.

How are mutual funds taxed?

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