Skip to main content

Kotak Emerging Equity

 

Kotak Emerging Equity Invest Online

 
 
 

Investors who bought units of Kotak Emerging Equity could continue to hold the fund. Fresh investments are not recommended in the fund at this juncture, given the likely volatility ahead and the fund's tilt towards the risky small-cap space.

Kotak Emerging Equity is a diversified equity fund that predominantly invests in mid and small-cap companies, and is benchmarked against the S&P BSE Mid & Small Cap Index.

The fund has managed to beat the benchmark 92 per cent of the time on a rolling one-year return basis over the past five years. It maintains its equity allocations between 90 and 98 per cent.

Though the fund has outperformed Kotak Midcap, an exclusive mid-cap fund from the same fund house, it has a more small-cap tilt in its portfolio.

In this segment it has underperformed against seasoned funds such as Franklin India Smaller Companies, Canara Robeco Emerging Equities and DSP BR Microcap.

But the fund's returns stack up well against its benchmark. Kotak Emerging Equity has delivered 12.3 per cent, 26.9 per cent and 14.6 per cent over the past one, three and five years, respectively, comfortably beating the benchmark by 5 to 8 percentage points. Over the last one year, the fund has also managed an improvement in performance, moving up to the top quartile.

Performance and Strategy

Kotak Emerging Equity was launched in early 2007 at the fag end of the last bull market. It did not contain the downside well in 2008 and also failed to fully capitalise on the subsequent bull-run in the year 2009.

However, from 2010 onwards, the fund has shown an improvement in performance. It beat the benchmark in the years 2012 and 2014. It follows a growth style of investing and holds stocks for the long term.

The fund approximately holds 60 stocks spread across 24 sectors. From banks, industrial products became the top preferred sector in early 2015. The fund has upped its allocation in this sector to 15 per cent.

The top three sectors are industrial products, financials (including banks and finance) and pharma, which make up 41 per cent of the portfolio.

In the last one year, the fund maintained the same array of sectors; construction and power are the only new entries.

The exposure is fragmented and apart from the top four stocks, the remaining account for less than 2.5 per cent each of the portfolio, which reduces risk.

Strides Arcolab is among the top 10 stocks that entered the portfolio this April and has delivered more than 35 per cent returns since then.

Solar Industries India and Whirlpool of India have been long-term holdings, present in the portfolio for more than four years. Both are multi-baggers. Conversely, stocks such as Shriram City Union Finance, Persistent Systems and Hawkins Cooker have been underperforming lately. SRF, Pennar Engineered Building Systems, Axis Bank and Jubilant FoodWorks are the few new entries of recent times.

 
 
-----------------------------------------------
Invest Rs 1,50,000 and Save Tax under Section 80C. Get Great Returns by Investing in Best Performing ELSS Mutual Funds

Top 10 Tax Saving Mutual Funds to invest in India for 2016

Best 10 ELSS Mutual Funds in india for 2016

1. BNP Paribas Long Term Equity Fund

2. Axis Tax Saver Fund

3. Franklin India TaxShield

4. ICICI Prudential Long Term Equity Fund

5. IDFC Tax Advantage (ELSS) Fund

6. Birla Sun Life Tax Relief 96

7. DSP BlackRock Tax Saver Fund

8. Reliance Tax Saver (ELSS) Fund

9. Religare Tax Plan

10. Birla Sun Life Tax Plan

Invest in Best Performing 2016 Tax Saver Mutual Funds Online

Invest Online

Download Application Forms

For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call

---------------------------------------------

Leave your comment with mail ID and we will answer them

OR

You can write to us at

PrajnaCapital [at] Gmail [dot] Com

OR

Leave a missed Call on 94 8300 8300

----------------------------------------------- 

Popular posts from this blog

TDS Rate and Personal Account Number(PAN)

    The TDS rate doubles to 20% from 10% if you fail to mention your Personal Account Number   IF you run a glance through your pay slip, you will come across something called TDS, which is tax deduction at source. In most cases, the employer deducts this amount at the time of payment of salary itself and pays the total tax amount to the government on behalf of all the employees. If you are a self- employed or practicing professional s, you have to pay this amount yourself.    Tax deducted at source is one of the modes of income tax collection by the government. Under the income-tax laws, income tax at specified rates is required to be deducted while making certain payments.    The rate of deduction of tax at source on interest and rent payment is 10%. For salary payments, the employers deduct income tax at source on a monthly basis after computing income tax liability on estimated annual taxable income of the employee. Tax benefits on housing loan, investments, etc are consid...
Read more

Equity investors should track market developments

The stock markets have been volatile over the last few days. They are in a sideways movement and trying to find the bottom after a fall of 20 percent a week ago. The market sentiments are not very positive at the moment and the recent developments are expected to dampen them further. Globally, governments and central banks are trying to cut rates and announce packages to improve business sentiments. These are some of the major developments in the markets last few month: A) Global On the global front, another large US bank went into a financial crisis. The US government took quick measures to avoid the spread negative sentiments in the markets. The US government announced a bail-out package and agreed to shoulder the losses on the bank's risky assets. China announced a large cut in interest rates and reserve ratio to boost the investor sentiments in the markets. Recently, the World Bank announced China's growth rate next year will come down to 7.5 percent. The European ...
Read more

Fortis Mutual Fund

Fortis Mutual Fund, a relatively new player, it is still to prove its case and define its position in the industry. In September 2004, it came onto the scene with a bang - three debt schemes, one MIP and one diversified equity scheme. And investors flocked to it. Going by the standards at that time, it had a great start in terms of garnering money. Mopping up over Rs 2,000 crore in five schemes was not bad at all. The fund house has not been too successful in the equity arena, in terms of assets. Though it has seven equity schemes, it is debt and cash funds that corner the major portion of the assets. Most of the schemes are pretty new, and the two that have been around for a while have a 3-star rating each. The last two were Fortis Sustainable Development (April 2007), which received a rather poor response, and Fortis China India (October 2007). Fortis Flexi Debt has been one of the better performing funds, after a dismal performance in 2005. It currently has a 5-star rating. None ...
Read more

Banks tweak ATM strategies

Unrestricted usage of third-party ATMs ends on Thursday The era of free ATM usage will come to an end on Thursday, October 15. Every transaction carried out on another bank’s ATM could cost an account holder as much as Rs 20 and withdrawals will face a limit of Rs 10,000, the Indian Bank’s Association has said in its guidelines. According to the guidelines, banks can offer savings-account holders five free thirdparty withdrawals every month —they can be charged from the sixth transaction onwards. Current account holders can be charged the fees, which ranges from Rs 18 to Rs 20, from the very first transaction. Most banks are convinced that charging current account and no-frill account customers from the word go is a good idea. It suggests that the usage of ATMs by current-account holders is price-insensitive. For others, banks have decided to frame their charges depending on the profile of the customer. For instance, HDFC Bank is allowing its salary account and premium customers an unl...
Read more

Women need to plan for Retirement

Plan for Retirement Online       Higher life expectancy, lower pay and fewer work years necessitate thorough planning.   Women have raced ahead of men in various fields but, when it comes to retirement planning, they tend to lag behind. Despite saving a higher proportion of their salary, compared to men, women generally do not take retirement planning seriously. Below are some of the reasons why they should: According to the United Nations Department of Economic and Social Affairs, in India, the life expectancy of women is 69 years and, of men, it's 66 years. Due to this, a woman will need an additional `55 lakh to manage her living expenses (see table).Besides, usually, women work fewer years compared to men to take care of children and family.Further, a recent study by Korn Ferry Hay Group shows that women in India earn 18.8% less than men. Not to mention, a higher life expectancy can also mean higher medical expenses as the likelihood of health ailments such as diabetes, high...
Read more
Related Posts Plugin for WordPress, Blogger...
Invest in Tax Saving Mutual Funds Download Any Applications
Transact Mutual Funds Online Invest Online
Buy Gold Mutual Funds Invest Now