Over the last few years, SIP has attracted investors’ attention primarily due to the ability to meet long-term goals through disciplined and regular investment, and Kotak Mutual Fund, established in 1985 by Uday Kotak, is an AMC company that offers SIP options So that investors can opt for the best plan on the risk profile proposal along with the selection of their investment. So some good SIP options have been suggested to consider here:
Kotak Classic Equity Regular Plan
Equity Large Cap Fund has total assets of Rs 334 crore from April 30, 2018. The fund’s benchmark Nifty is 100. For this SIP, investors need to pay a minimum of Rs 1000 per month, while the initial investment amount in the scheme is Rs 5000. Under the Growth Plan, the NAV of this scheme is Rs. 49.84 and under dividend plan 20.318 rupees. The return from the fund is 18.38 percent, while the returns of 3 and 5 years respectively are 12.47 percent and 15.54 percent. The top holdings of the fund include stocks like HDFC Bank, L & T, HUL, RIL, and Maruti Suzuki.
Kotak Select Focus Fund Regular
This is one of the top-performing funds from the principal fund house. The total assets in this fund are in the management of Rs. 19,228 crore (April 30, 2018). In the last one year, the Large Cap Equity Fund provided 7.42 percent returns, while its 3 and 5-year returns were at 13.63 percent and 19.88 percent respectively. Crisil has put this fund in first place in large-scale funds. Under the Growth Plan, the last NAV of this plan is Rs. 32.916 However, for dividend plans it is Rs. 23.47. Particularly the fund portfolio includes HDFC Bank, RIL, L & T, HDFC, ICICI Bank and Infosys. The fund benchmark nifty tracks 200 indexes. Investors can start SIPs of at least Rs. 1000 in the fund. While the minimum investment in SIP is Rs 5000. Minimum 6 checks are required for SIP. Within the range, its co-worker INVESCO India Large Cap Fund is leading a year’s performance with a return of 12.84 percent.
Total AUM of Kotak Emerging Equity Scheme
Regular Plan Open and Equity Growth Scheme (April 30, 2018) is Rs. The fund benchmark S & P BSE is the mid-small cap index. In the last 3 and 5 years, the return from one year to the fund has been 9.51 percent, while the fund scheme has offered 16.24 percent and 25.82 percent returns respectively. It is worth considering the portfolio of the fund that mainly involves middle and small companies.
NAV of a fund under the Growth Plan on May 17, 2018, is Rs. 40.18. In this, any person can start SIP from a minimum of 100 rupees per month. Whereas initial investment is Rs. 5,000. The fund stock portfolio includes IndusInd Bank, Atul, Ramco Cements, RBL Bank, Bata Industries and Supreme Industries.