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‘Fund of the Week’ is a new series of weekly articles from Sqrrl’s Blog. This series aims to familiarize the readers with the top performing mutual funds in the industry, covering aspects like returns, past performance, details about the fund manager, etc.. These articles are written after extremely detailed and enthusiastic research by Sqrrl’s team of writers.
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Kotak Standard Multi-cap Fund
Harsha Upadhyaya is the fund manager since Aug 2012.
Mr. Upadhyaya is a B.E (Mechanicial) from NIT Suratkal, and a PGDM from IIM Lucknow. He also holds a CFA Charter from the CFA Institute, USA. Prior to joining Kotak Mutual Fund, Harsha worked with the DSP BlackRock Investment Managers Ltd. and UTI AMC. In addition to the said fund, Harsha also manages Kotak Equity Opportunities Fund, Kotak Tax Saver Fund, and Kotak India Growth Fund Series 4 and Series 5.
Type of Fund
Open Ended Diversified Equity Scheme (read more on types of mutual funds here)
The investment objective of the Kotak Standard Multi-cap Fund is to generate long-term capital appreciation from a portfolio of predominantly equity & equity related securities generally focused on a few selected sectors across market capitalization.
Details about the Kotak Standard Multi-cap Fund
Rs 5,000, and in multiples of Re 1 thereafter.
Entry load: Not Applicable
Exit Load: 1% if redeemed on or before 1 year. Nil if redeemed after 1 year.
Kotak Standard Multi-cap Fund is suitable for investors who would like to invest with a Long-term wealth creation view. Suitable for people who want to build wealth in future.
Risk Level: Moderately High Risk
Here are the Top 3 Features of Kotak Standard Multi-cap Fund
1. Long-term capital appreciation
The fund seeks to invest in securities that are fundamentally sound and are trading at a substantial discount to its intrinsic value. The fund is likely to outperform over the long when a business goes through a complete cycle.
Investors can opt in for weekly, fortnightly, monthly, quarterly & even annual SIP. Minimum amounts for this range between Rs 1000- Rs 5000.
The scheme has been giving constant returns of over 18% in the three year horizon, and hence has been in favour with new and old investors alike.
With bottom-up stock selection methodology the fund has been able to outperform its benchmark and category average across the multi-trailing time period.
The portfolio has healthy historical earnings growth when compared to category and has a rich valuation in terms of forward-looking cash flow metrics and prospective earnings basis. The fund manager seeks to maintain a balanced portfolio (beta close to 1), which ensures that the portfolio is not carried away in turbulent times and returns are driven only by stock selection.
To start investing with this fund, Download Sqrrl app now and start Sqrrl Away. It has the liquid fund as its underlying scheme. And what’s best is that your money is instantly available to you, and you get 2x returns compared to your bank a/c.
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