N/A

Kotak Gold Fund Growth - Direct

Equity

  

Sectoral Fund

NAV

19.567 -0.1135

as on (08 Apr, 2020)

RETURNS

15.75 %

Fund Type

Open Ended

Investment Plan

Growth

Expense Ratio

0 %

Benchmark

Domestic Price of Gold

Asset Size

243.55 Cr.

(As of 30 Apr, 2019)

Risk

Moderately High

Objective

The investment objective of the scheme is to generate returns that are in line with the returns on investment in physical gold, subject to tracking errors.

app screenshot
Google play store download image   Apple app store download image

Fund manager

Abhishek Bisen

(since 25 Mar, 2011)

Exit load

2 %

(If redeemed within 180 days)

Minimum sip

₹ 1000

minimum investment

₹ 5000

Top Holdings

This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.

Company

Assets

Kotak Gold ETF

98.32 %

Sector Allocation

About the Scheme Type

Sectoral Fund

As the name suggests, Sectoral Funds invest in specific sectors of the economy. These funds are less diversified as they invest entirely in a particular sector; hence, their risk factor also depends on the respective sector’s performance, this carrying high risk. For example, a FMCG fund will only invest in FMCG companies while a tech fund will invest in only tech companies.The aim of these funds is to give investors a chance to benefit from the growth prospects of a particular fund.

Ratings

This fund is rated 0 stars by Morning Star Ratings.

N/A

Overview of Kotak Mahindra Asset Management Co Ltd

Kotak Mahindra Asset Management Company Limited (KMAMC), a wholly owned subsidiary of Kotak Mahindra bank Limited (KMBL), is the Asset Manager for Kotak Mahindra Mutual Fund (KMMF). Kotak Mutual Fund started operations in December 1998 and has approximately 7.5 Lac investors in various schemes. Kotak Mutual Fund offers schemes catering to investors with varying risk - return profiles and was the first fund house in the country to launch a dedicated gilt scheme investing only in government securities. The company is present in 80 cities and has 84 branches.

Vision of Kotak Mutual Fund – Kotak Mutual Fund envisions to be a responsible player in the Indian mutual fund space, offering best in class products across investor lifecycle. We, at Kotak Mutual Fund, strive hard to deliver consistent performance over the benchmark across all our products, thereby creating customer satisfaction. Our 12 years of existence, offering a broad range of investment products across asset classes with varying risk parameters that cater to needs of various customer segments, have enabled us to garner trust of over 10 lac investors.