Kotak Infrastructure and Economic Reform Fund Direct Growth

Fund Overview

Fund Size

₹2,447 Cr

Expense Ratio

0.60%

ISIN

INF178L01AL9

Minimum SIP

₹100

Exit Load

1.00%

Inception Date

01 Jan 2013

About this fund

Kotak Infrastructure and Economic Reform Fund Direct Growth is a Equity - Infrastructure mutual fund schemes offered by Kotak Mahindra Mutual Fund. This fund has been in existence for 11 years, 8 months and 19 days, having been launched on 01-Jan-13.
As of 19-Sep-24, it has a Net Asset Value (NAV) of ₹82.63, Assets Under Management (AUM) of 2446.66 Crores, and an expense ratio of 0.6%.

Kotak Infrastructure and Economic Reform Fund Direct Growth has given a CAGR return of 20.83% since inception.
The fund's asset allocation comprises around 96.50% in equities, 0.00% in debts, and 3.50% in cash & cash equivalents.
You can start investing in Kotak Infrastructure and Economic Reform Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+54.30%

+54.91% (Cat Avg.)

3 Years

+31.95%

+30.06% (Cat Avg.)

5 Years

+32.58%

+30.84% (Cat Avg.)

10 Years

+19.36%

+17.09% (Cat Avg.)

Since Inception

+20.83%

— (Cat Avg.)

Portfolio Summaryas of 31st August 2024

Equity	₹2,360.91 Cr	96.50%
Others	₹85.75 Cr	3.50%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Triparty Repo	Cash - Repurchase Agreement	₹219.36 Cr	8.97%
Bharti Airtel Ltd	Equity	₹143.01 Cr	5.85%
Cash Offset For Derivatives	Cash - General Offset	₹-96.54 Cr	3.95%
Shree Cement Ltd	Equity	₹89.19 Cr	3.65%
UltraTech Cement Ltd	Equity	₹79.11 Cr	3.23%
Larsen & Toubro Ltd	Equity	₹78.57 Cr	3.21%
Solar Industries India Ltd	Equity	₹77.25 Cr	3.16%
Kajaria Ceramics Ltd	Equity	₹77.13 Cr	3.15%
Kalpataru Projects International Ltd	Equity	₹74.45 Cr	3.04%
Mahindra Logistics Ltd	Equity	₹71.84 Cr	2.94%
Greenpanel Industries Ltd Ordinary Shares	Equity	₹71.17 Cr	2.91%
Power Finance Corp Ltd	Equity	₹68.69 Cr	2.81%
Cummins India Ltd	Equity	₹59.92 Cr	2.45%
Container Corporation of India Ltd	Equity	₹59.84 Cr	2.45%
Zen Technologies Ltd	Equity	₹58.5 Cr	2.39%
Ashoka Buildcon Ltd	Equity	₹58.38 Cr	2.39%
Bosch Ltd.-SEP2024	Equity - Future	₹56.49 Cr	2.31%
Jyoti CNC Automation Ltd	Equity	₹55.9 Cr	2.28%
VST Tillers Tractors Ltd	Equity	₹55.84 Cr	2.28%
InterGlobe Aviation Ltd	Equity	₹55.55 Cr	2.27%
Ratnamani Metals & Tubes Ltd	Equity	₹55.32 Cr	2.26%
G R Infraprojects Ltd	Equity	₹55.19 Cr	2.26%
AIA Engineering Ltd	Equity	₹48.97 Cr	2.00%
Samvardhana Motherson International Ltd	Equity	₹48.82 Cr	2.00%
Exide Industries Ltd	Equity	₹46.83 Cr	1.91%
Gujarat State Petronet Ltd	Equity	₹44.26 Cr	1.81%
V-Guard Industries Ltd	Equity	₹41.27 Cr	1.69%
ABB India Ltd	Equity	₹40.08 Cr	1.64%
Apollo Tyres Ltd.-SEP2024	Equity - Future	₹40.05 Cr	1.64%
Ashok Leyland Ltd	Equity	₹38.47 Cr	1.57%
Net Current Assets/(Liabilities)	Cash	₹-37.07 Cr	1.52%
Azad Engineering Ltd	Equity	₹36.07 Cr	1.47%
GAIL (India) Ltd	Equity	₹35.65 Cr	1.46%
Bharat Forge Ltd	Equity	₹35.31 Cr	1.44%
Mahindra Lifespace Developers Ltd	Equity	₹35.27 Cr	1.44%
Bharti Hexacom Ltd	Equity	₹35.14 Cr	1.44%
Schaeffler India Ltd	Equity	₹33.5 Cr	1.37%
Ceigall India Ltd	Equity	₹32.6 Cr	1.33%
H.G. Infra Engineering Ltd Ordinary Shares	Equity	₹30.86 Cr	1.26%
Bharat Electronics Ltd	Equity	₹29.93 Cr	1.22%
Tega Industries Ltd	Equity	₹29.45 Cr	1.20%
Sansera Engineering Ltd	Equity	₹28.98 Cr	1.18%
Thermax Ltd	Equity	₹27.55 Cr	1.13%
Astra Microwave Products Ltd	Equity	₹27.14 Cr	1.11%
PNC Infratech Ltd	Equity	₹24.28 Cr	0.99%
Supreme Industries Ltd	Equity	₹22.46 Cr	0.92%
Rolex Rings Ltd	Equity	₹20.95 Cr	0.86%
Carborundum Universal Ltd	Equity	₹19.82 Cr	0.81%
WPIL Ltd	Equity	₹19.66 Cr	0.80%
JNK India Ltd	Equity	₹19.6 Cr	0.80%
NTPC Ltd	Equity	₹18.73 Cr	0.77%
Ambuja Cements Ltd	Equity	₹18.51 Cr	0.76%
SKF India Ltd	Equity	₹16.89 Cr	0.69%
Premier Energies Ltd	Equity	₹12.44 Cr	0.51%
Apollo Tyres Ltd	Equity	₹0.04 Cr	0.00%

Allocation By Market Cap (Equity)

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Industrials	₹1,259.99 Cr	51.50%
Basic Materials	₹390.56 Cr	15.96%
Consumer Cyclical	₹193.48 Cr	7.91%
Communication Services	₹178.16 Cr	7.28%
Utilities	₹98.64 Cr	4.03%
Financial Services	₹68.69 Cr	2.81%
Technology	₹39.58 Cr	1.62%
Real Estate	₹35.27 Cr	1.44%

Risk & Performance Ratios

Fund Managers

Nalin Bhatt

Since October 2023

Additional Scheme Detailsas of 31st August 2024

ISIN

INF178L01AL9

Expense Ratio

0.60%

Exit Load

1.00%

Fund Size

₹2,447 Cr

Age

01 Jan 2013

Lumpsum Minimum

₹100

Fund Status

Open Ended Investment Company

Benchmark

Nifty Infrastructure TR INR

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
Holding the units: No tax is applicable as long as you continue to hold the units.

Dividend Taxation:

Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Equity - Infrastructure Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Bank of India Manufacturing and Infrastructure fund Regular Growth Very High Risk	2.4%	1.0%	₹502.75 Cr	52.3%
Tata Infrastructure Fund Regular Growth Very High Risk	2.0%	0.0%	₹2565.49 Cr	53.2%
ICICI Prudential Nifty Infrastructure ETF Very High Risk	0.5%	-	₹135.01 Cr	49.1%
UTI Infrastructure Fund Regular Growth Very High Risk	2.1%	1.0%	₹2453.30 Cr	48.3%
ICICI Prudential Infrastructure Fund Regular Growth Very High Risk	1.9%	1.0%	₹6142.92 Cr	55.9%
Sundaram Infrastructure Advantage Fund Regular Growth Very High Risk	2.3%	0.0%	₹1053.11 Cr	48.0%
Canara Robeco Infrastructure Regular Growth Very High Risk	2.3%	1.0%	₹887.03 Cr	63.0%
DSP India TIGER Fund Regular Growth Very High Risk	1.9%	1.0%	₹5500.38 Cr	59.9%
Aditya Birla Sun Life Infrastructure Fund Regular Growth Very High Risk	2.2%	1.0%	₹1252.41 Cr	45.4%
LIC MF Infrastructure Fund Regular Growth Very High Risk	2.4%	1.0%	₹725.10 Cr	68.5%

About the AMC

Kotak Mahindra Mutual Fund

+91 22 61152100

https://www.kotakmf.com/

Total AUM

₹4,96,460 Cr

Address

2nd Floor, 12-BKC, Plot No C-12, Mumbai, 400 051

Other Funds by Kotak Mahindra Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Kotak FMP Series 327 Direct Growth Moderately High risk	-	0.0%	-	-
Kotak FMP Series 326 - 175 Days Direct Growth Moderate Risk	-	-	-	-
Kotak FMP Series 325 - 90 Days Direct Growth Moderate Risk	-	0.0%	-	-
Kotak FMP Series 324 - 109 Days Direct Growth Moderately High risk	-	0.0%	-	-
Kotak Healthcare Fund Direct Growth Very High Risk	0.7%	1.0%	₹374.57 Cr	-
Kotak FMP Series 323 Direct Growth Low Risk	-	0.0%	-	-
Kotak Consumption Fund Direct Growth Very High Risk	0.6%	1.0%	₹899.09 Cr	-
Kotak Nifty G-Sec July 2033 Index Fund Direct Growth Moderate Risk	0.1%	0.0%	₹16.82 Cr	-
Kotak Multi Asset Allocation Fund Direct Growth High Risk	0.3%	1.0%	₹7280.22 Cr	-
Kotak S&P BSE Housing Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹18.31 Cr	42.1%
Kotak Fixed Maturity Plan 1174 Days Series 268 Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak FMP Series 308 - 1125 Days Direct Growth Moderately High risk	-	0.0%	-	8.3%
Kotak Yearly Interval Plan Series 1 Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak Fixed Maturity Plan 1355 Days Series 286 Direct Growth Low to Moderate Risk	-	-	-	-
Kotak FMP Series 304 Direct Growth Moderate Risk	-	-	-	10.7%
Kotak Fixed Maturity Plan Series 262 Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak FMP Series 291 - 1826 Days Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak Fixed Maturity Plan Series 264 Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak FMP Series 310 - 1131 Days Direct Growth Moderate Risk	-	0.0%	-	8.1%
Kotak FMP Series 306 Direct Growth Moderate Risk	-	0.0%	-	-
Kotak Quarterly Interval Series 12 Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak Fixed Maturity Plan Series 249 Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak FMP Series 295 Direct Growth Moderate Risk	-	0.0%	-	-
Kotak Fixed Maturity Plan Series 258 Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak FMP Series 298 Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak FMP Series 290 - 1180 Days Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak Monthly Interval Series 4 Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak FMP Series 293 - 1826 Days Direct Growth Moderate Risk	-	0.0%	-	-
Kotak India Growth Fund Series IV Direct Growth Very High Risk	0.3%	0.0%	₹132.94 Cr	50.2%
Kotak Fixed Maturity Plan Series 260 Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak FMP Series 287 - 1188 days Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak Fixed Maturity Plan Series 272 Direct Growth Low to Moderate Risk	-	-	-	-
Kotak Fixed Maturity Plan Series 273 Direct Growth Low to Moderate Risk	-	-	-	-
Kotak FMP Series 305 Direct Growth Low to Moderate Risk	-	0.0%	-	8.0%
Kotak FMP Series 300 - 1223 days Direct Growth Low to Moderate Risk	-	0.0%	-	8.1%
Kotak Quarterly Interval Series 13 Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak FMP Series 292 - 1735 Days Direct Growth Low to Moderate Risk	-	0.0%	₹433.97 Cr	8.2%
Kotak FMP Series 289 -1179 days Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak FMP Series 288 -1177 days Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak Small Cap Fund Direct Growth Very High Risk	0.5%	1.0%	₹17638.64 Cr	43.7%
Kotak Flexicap Fund Direct Growth Very High Risk	0.6%	1.0%	₹52955.61 Cr	34.3%
Kotak Equity Opportunities Fund Direct Growth Very High Risk	0.5%	1.0%	₹25292.75 Cr	41.1%
Kotak Taxsaver Fund Direct Growth Very High Risk	0.5%	0.0%	₹6297.77 Cr	38.1%
Kotak Nifty 200 Momentum 30 Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹339.33 Cr	56.8%
Kotak Nifty 50 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹751.07 Cr	27.3%
Kotak Infrastructure and Economic Reform Fund Direct Growth Very High Risk	0.6%	1.0%	₹2446.66 Cr	54.3%
Kotak Low Duration Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹9489.09 Cr	7.7%
Kotak Bluechip Fund Direct Growth Very High Risk	0.6%	1.0%	₹9465.07 Cr	34.7%
Kotak Bond Fund Direct Growth Moderate Risk	0.7%	0.0%	₹2161.30 Cr	10.0%
Kotak Bond Fund Short Term Plan Direct Growth Moderate Risk	0.4%	0.0%	₹16078.88 Cr	8.4%

Risk Level

Your principal amount will be at Very High Risk

Still got questions?
We're here to help.

What is the current NAV of Kotak Infrastructure and Economic Reform Fund Direct Growth?

The NAV of Kotak Infrastructure and Economic Reform Fund Direct Growth, as of 19-Sep-2024, is ₹82.63.

What are the returns of Kotak Infrastructure and Economic Reform Fund Direct Growth?

The fund has generated 54.30% over the last 1 year and 31.95% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of Kotak Infrastructure and Economic Reform Fund Direct Growth?

The fund's allocation of assets is distributed as 96.50% in equities, 0.00% in bonds, and 3.50% in cash and cash equivalents.

Who manages the Kotak Infrastructure and Economic Reform Fund Direct Growth?

The fund managers responsible for Kotak Infrastructure and Economic Reform Fund Direct Growth are:-

Nalin Bhatt

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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