Kotak Contra Fund Growth

• Alpha 0.40%
• Beta 1.00
• Sharpe Ratio0.96
• Std Deviation 13.24%
• Tracking Error 4.04%

The investment objective of the scheme is to generate capital appreciation from a diversified portfolio of equity and equity related instruments. The Scheme will invest in stocks of companies, which are fundamentally sound but are undervalued. Undervalued stocks are stocks of those companies whose true long term potential is not yet recognised by the market. At times, the broad market takes time to appreciate the long-term potential of some fundamentally sound companies. Stocks of such companies are traded at prices below their intrinsic value and are regarded as undervalued stocks. We believe that, over a period of time, the price of a stock reflects the intrinsic value of the underlying company. Thus, the moving up of the price of the undervalued stock towards its intrinsic value will help us generate capital appreciation for investors. However, there can be no assurance that the investment objective of the Scheme will be achieved.

The Kotak Contra Fund Growth has an AUM of 5010.31 crores & has delivered CAGR of 20.07% in the last 5 years. The fund has an exit load of 1.00% and an expense ratio of 1.84%. The minimum investment in Kotak Contra Fund Growth is Rs 100 and the minimum SIP is Rs 100.

As per morningstar the risk & return rating of the fund are Medium & Exceptional respectively.

The top holdings of the fund include HDFC Bank, ICICI Bank, State Bank of India & Infosys.

The major sectors where the fund is invested are Regional Banks, Software & Programming, Consumer Financial Services & Healthcare Facilities.

Some of the similar funds are SBI Contra Fund Regular Growth, Kotak Contra Fund Growth, Invesco India Contra Fund Growth. Kotak Contra Fund Growth has a sharpe ratio of 0.96 & a standard deviation of 13.24%.