In this article, the top three mutual fund schemes of Kotak Mahindra Asset Management Company (KMAMC) has been given which have provided incredible returns to the investors many times.
Everyone wishes to get the best out of what they give. Similarly, the investors also want that the fund house in which they invest should provide them with the best experience of investing. Among the top fund houses in India, Kotak Mutual Fund is the one which has been making every possible wish of the investors come true. It was incorporated on August 05, 1994, under the sponsorship of Kotak Mahindra Bank Limited, and Kotak Mahindra Trustee Co. Ltd., as its trustee. Since its launch, this fund house has always provided the best products to the investors who aim toward achieving various financial goals. It grew exponentially by the time and built millions of investors’ trust. If we see its recent growth, its AUM was recorded at Rs. 82,135 crore as on December 31, 2016, which jumped to Rs. 92,216 crore as on March 31, 2017, showcasing a growth of Rs. 10,081 crore in its total asset size in just three months. One more reason of being among the leading AMCs is that it provides a variety of plans which are well suited to the various investment needs of the investors.
The top three mutual funds of Kotak Mahindra Mutual Funds are given below:
Kotak Tax Saver: Being an open-ended equity scheme, it majorly invests in the stocks of various companies to attain capital appreciation in the long term and allows the investors to avail income tax deduction. It is a tax planning equity category fund which has been designed specifically to fulfil the tax needs of the investor along with fetching capital gain. This scheme held four stars in the ELSS category by CRISIL for the quarter which ended in June 2017. It has been consistently outperforming its benchmark, i.e., Nifty 500, from a long duration, and has showcased a good run to the investors making appreciations in their invested capital. Its NAV has been tracked at Rs. 40.98 as on August 07, 2017, which is around 27.03% higher from that of its NAV of Rs. 32.26 dated December 30, 2017.
Kotak Select Focus Fund: A multi-cap equity fund which generally invests in few selected sectors to generate capital appreciation in the long term. It has been ranked five stars by CRISIL for the quarter ended in June 2017. This scheme has beaten its benchmark, i.e., Nifty 200, and peers consistently since its launch in the year 2009. The total AUM of this scheme is amounting to Rs. 11,590 crore as on June 30, 2017. It is one of the best plans of Kotak MF as it is performing exceptionally well since its launch and fulfils the financial needs of many investors who keep their money invested for the long term.
Kotak Emerging Equity Scheme: This scheme is among the best Kotak Funds as it has proved its excellent potential to provide high growth in the capital invested by the investors. It held four stars by CRISIL for the quarter ended in June 2017. It mainly targets toward capital appreciation in the long term by investing in the equity and equity-related securities of various companies. The major part of around 85.18% of its total equity investments is invested in the mid- and small-cap companies to become more aggressive toward capital growth.
Therefore, the above three schemes are among the top performers of Kotak Mutual Funds. They have provided good worth to the investors by making an excellent run across various market trends beating benchmarks and categories. For long-term growth options, one can choose to add any of these schemes in the investment portfolio.
The author is a mutual fund investment planner who has vast experience of 5 years in this industry. Currently, she is associated with MySIPonline to provide online assistance to the investors in buying mutual funds.