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This Less Than 3-Year-Old Thematic Fund Has Given 124.80% Returns In 2 Years, Check portfolio

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This thematic fund is a newly launched mutual fund. However, the fund has given exceptional returns through both SIP and one-time investment. Check out the returns, details such as AUM, NAV, portfolio, objectives, and various other details including the returns in the last 2 years and since its inceptions.

 

Kotak Pioneer Fund - Direct Plan-Growth

Kotak Pioneer Fund - Direct Plan-Growth

It is a less than the 3-year-old fund, launched on 31st October 2019 by the Kotak Mutual Fund. It is an equity mutual fund. The fund's Assets Under Management as of February 20, 2022, is Rs 1,512, and NAV is Rs 18. 079 as of 17th March 2022. It is an open-ended Thematic mutual fund scheme with good returns over the last 2 years. Also, it is a medium-sized fund of its category. The fund has 0.47% expense ratio, which is less than half of its category average expense ratio of .109%. The fund is unrated as it is a new fund. However, the fund is too risky to invest in and could attract losses. Mr. Harish Krishan and Mr. Arjun Khanna are managing the fund since its launch. 


The scheme's investment objective is to generate capital appreciation by investing in companies that use new forms of production, technology, distribution, or processes that are likely to challenge existing markets or value networks, displacing established market leaders, or introduce novel products and/or business models.

Absolute And Annualised Returns
 

Absolute And Annualised Returns

Lump-Sum Investment Returns

Compared to its category average returns, it has outperformed in 1-year and 2-year. However, when it come to annual average returns it is below the category average returns. 

TenureAbsolute ReturnsAnnualised Returns
1 Year15.43%15.43%
2 Year124.80%49.93%
Since Inception80.49%28.19%

SIP Returns

SIP Tenure Absolute Returns Annualised Returns
1 Year 0.98% 1.82%
2 Year 34.12% 31.14%

Portfolio

Portfolio

The fund invests 81.27 percent of its assets in Indian equities, with 35.51 percent in large caps, 14.65 percent in mid-caps, and 10.07 percent in small caps.

The financial, automobile, services, energy, and capital goods sectors account for the bulk of the fund's holdings. Compared to other funds in the category, it has a lower exposure to the Financial and Automobile industries.

Reliance Industries Ltd., Maruti Suzuki India Ltd., HDFC Bank Ltd., and Persistent Systems Ltd. are the top five holdings of Signature Global Technology Corporate Class Fund.

Disclaimer

Mutual fund investments are subject to market risk. Read all scheme-related documents, and Terms and Conditions carefully before investing. The above-mentioned information is purely informational and doesn't guarantee any return. The Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.

Read more about: mutual fund sip kotak
Story first published: Monday, March 21, 2022, 17:40 [IST]
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