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Mutual Fund Review: Kotak Opportunities


 


Kotak Opportunities has been an average performer for long. Existing investors may give it some more time to make a turnaround. If you have booked profits, then look for other options. New investors should track its performance for a few months before taking a call.



Kotak Opportunities shot into the limelight in 2007 with astute calls on the hot sectors at that time — infrastructure and financials. But playing through the market momentum cost the fund dearly in 2008 after the carnage in financial, power and infrastructure sectors. In 2009, the fund went overweight on power, construction and infrastructure as the Congress victory in the elections was perceived as a boost for reforms and infrastructure spending. However, execution delays and sloppiness in issue of fresh orders derailed the sector. This impacted the fund's performance. Having burnt its hands twice, Kotak Opportunities is now playing safe with healthcare and staples.

 

 

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