Kotak Emerging Equity Scheme

Updated on Jul 10, 2020

Overview

The Kotak Emerging Equity Fund is an Equity Mutual Fund initiated by the Kotak Mahindra Mutual Fund. The Scheme was launched on 30 March 2007. The fund manager of this scheme is Pankaj Tiberwal. The current asset of the Asset Under Management is INR 5,871 crore, and the newest NAV is INR 36.84. The rate of growth is at high risk for the Kotak Emerging Equity Fund Scheme. The least amount for investment is INR 5000, while the least SIP investment is INR 1000. If the units are more than 10% than the investment, then 1% will be paid for recovery within a year.

Kotak Emerging Equity Scheme has created a different place among all midcap schemes. It has excellent midcap stocks in its portfolio. There is a unique feature of this scheme. It has overtaken its benchmark and the accompanying other projects in almost all periods.

 The Scheme's returns have been 9 per cent in the last three years. Whereas in five years it has given a 16 per cent return. At the same time, the performances of its benchmark index Nifty Midcap 100 TRI were 7.4 per cent in three years and 11.6 per cent in five years. Pankaj Tiberwal is responsible for managing this scheme. In the last six months, he has developed a good portfolio of midcap companies. These companies have an outstanding market share in their respective sectors. The relatively good market share helps the company to cope with sluggishness. 

The fund's portfolio is well-positioned to take advantage of the growth in the domestic economy. Its pan is inclined towards necessary materials and industrial stock. It is a good option for investors looking to invest in the midcap segment over the long term. In the last three years, this Scheme has given 11 per cent return. Its returns were 23 per cent in five years.

In contrast, its benchmark index Nifty Midcap 100 TRI gave 10 per cent returns in three years. At the same time, it was 18.5 per cent in five years. This Scheme is only for those investors who can take more risk for higher returns.

Objective

The primary reason for investing in the Kotak Emerging Equity Funds is to create long-term approval for capital from a range of equity, and it's connected securities through mostly investing in the midcap companies. These types of companies are primarily in their embryonic stage, and they are probably under-researched. However, the mid-cap organizations possess the capability of getting better growth for a more extended period as these are moderately volatile.

Liquidity

The liquidity ratio is open-ended for this Scheme, and the recoveries and purchases at the cost are linked to the related NAV, on every business day.

Plans under Kotak Emerging Equity Scheme

There are two types of programs available under this scheme:

Regular Plan

This is for the investors who want to transmit their investment via any distributor.

Direct Plan

The direct plan are for those investors who plan to purchase units under the Scheme straight from the Funds and do not want to transmit their investments via any distributor.

The portfolio of each of these plans shall be unsegregated.

Options for Each Plan

From the above options of NAVs, they will be unique and individually declared. The assortment of investments will remain the same as well. The investors are supposed to keep it in the mind that the right amount of dividend payment is not more than INR 500, after that the dividend must be reinvested compulsorily.

Choice of Option

If the applicant doesn't point out between the choices of options among the dividend and growth options in the form for applying. After that, the funds will allow that as the application for the progress options from the given plan.

If the applicant did not mention the preference for the sub-option for dividend, then the payment and reinvestment for profit for the funds must be allowed as it is in the application for the reinvestment of dividend.

Loads

Entry

As per the terms and conditions, there is no entry load which might be charged for additional purchase. After the investment, if the upfront commission is made via the investors, then it must be given to the investors straight to the Distributor who will be based on the assessment of numerous aspects that includes the overhauls delivered via the distributors.

Exit

The exit load is 1% for recovery, which includes SIP or STP within one year from the allotment date of the units fund irrespective of the quantity of investment.

The exit load is not available for recovery, which includes SIP or STP within one year from the allotment date of the units fund irrespective of the quantity of investment. If there is any exit load paid must be given back.

The Scheme has performed quite well in both the long and short term. In the last five years, the Scheme has given 13 per cent returns. At the same time, the Scheme's performance has been 14.1 per cent in 10 years. At the same time, other schemes of the category have given 10 per cent, and 13 per cent returns respectively in the same period.

Frequently Asked Questions

Q. What is the Kotak Emerging Equity Scheme?

The Kotak Emerging Equity Fund is an Equity Mutual Fund initiated by the Kotak Mahindra Mutual Fund. Kotak Emerging Equity Scheme has created a different place among all midcap schemes. It has excellent midcap stocks in its portfolio. 

You will be able to learn more about it in its official page.

Q. When was this Scheme launched?

The Scheme was launched on 30 March 2007.

Q. What is the least investment amount?

The least amount for investment is INR 5000, while the least SIP investment is INR 1000.

Q. Who is the current fund manager?

The fund manager of this Scheme is Pankaj Tiberwal.

Q. What is the objective of the Scheme?

The primary reason for investing in the Kotak Emerging Equity Funds is to create long-term approval for capital from a range of equity, and it's connected securities through mostly investing in the midcap companies.

Q. What is the liquidity ratio?

The liquidity ratio is open-ended for this Scheme, and the recoveries and purchases at the cost are linked to the related NAV, on every business day.



WRITTEN BYVarsha Verma

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