Kotak Standard Multicap Fund Vs DSP BlackRock Focus Fund

Kotak Standard Multicap Fund and DSP BlackRock Focus Fund both are a part of Equity Funds, large-cap category. In simple terms, it can be said that large-cap schemes invest their accumulated fund money in companies having a market capitalization of more than INR 10,000 crores. These companies are huge in size and capital and are also known as bluechip companies. Individuals looking for a steady growth in their capital and returns can choose Large cap funds as an investment option. These schemes are a good investment option for medium to long-term tenure. Though both Kotak Standard Multicap Fund and DSP BlackRock Focus Fund belong to the same category, yet they exhibit different attributes with respect to performance, AUM, and so on. So, let’s understand the differences between Kotak Standard Multicap Fund Vs DSP BlackRock Focus Fund through this article.

Kotak Standard Multicap Fund (Erstwhile Kotak Select Focus Fund)

Kotak Standard Multicap Fund (earlier known as Kotak Select Focus Fund) is offered and managed by Kotak Mutual Fund under the large-cap category of equity funds. This scheme was launched in the year 2009 and its objective is to attain capital growth in the long-term by Investing in a Portfolio of equity and equity-related to securities, generally focusing on a few sectors. The fund manager managing Kotak Standard Multicap Fund is Mr. Harsha Upadhyaya. As on March 31, 2018, some of the top holdings of Kotak Standard Multicap Fund include HDFC Bank Limited, Larsen & Toubro Limited, Reliance Industries Limited, and Hero MotoCorp Limited. Kotak Standard Multicap Fund uses Nifty 200 as its benchmark index to construct its portfolio.

DSP BlackRock Focus Fund (Erstwhile DSP BlackRock Focus 25 Fund)

DSP BlackRock Focus Fund (earlier known as DSP BlackRock Focus 25 Fund) is an open-ended large-cap scheme that was incepted in the year 2010. This scheme is managed and offered by DSP BlackRock Mutual Fund. Mr. Harrish Zaveri and Mr. Jay Kothari jointly manage DSP BlackRock Focus Fund. As on March 31, 2018, the top holdings of DSPBR Focus Fund included HDFC Bank Limited, Maruti Suzuki India Limited, Larsen & Toubro Limited, Reliance Industries Limited, and IndusInd Bank. As per the Asset Allocation objective of the scheme, around 65-100% of its pooled money is invested in equity and equity-related instruments while the in fixed income instruments. DSP BlackRock Focus Fund aims to achieve long-term capital growth by predominantly investing in equity and equity-related instruments of various companies.

Kotak Standard Multicap Fund Vs DSP BlackRock Focus Fund

Though Kotak Standard Multicap Fund and DSP BlackRock Focus Fund belong to the same category of large-cap equity funds, there are differences between them based on various parameters. So, let’s understand the differences between both the schemes by comparing the parameters that are divided into four sections, given below as follows.

Basics Section

Current NAV, Fincash Rating, and scheme category are some of the comparable elements that form part of basics section. The comparison of current NAV shows that Kotak Standard Multicap Fund leads the race. The NAV of Kotak Standard Multicap Fund is around INR 33 while of DSP BlackRock Focus Fund is nearly INR 22 as on April 23, 2018. The comparison of Fincash Rating also shows a difference. With respect to Fincash Rating, it can be said that Kotak Standard Multicap Fund is a 5-Star rated scheme while DSP BlackRock Focus Fund is a 3-Star rated scheme. However, with respect to scheme category, it can be said that both the schemes belong to the same category, that is, Equity Large Cap. The table given below shows the comparison of the basics section.

Performance Section

It is the second section in comparison that analyses the Compounded Annual Growth Rate or CAGR Returns at different time intervals. These time intervals include 1 Month Return, 6 Month Return, 5 Year Return, and Return since Inception. The comparison of performance section reveals that in many instances, Kotak Standard Multicap Fund has performance fund. The summary comparison of the performance section is tabulated as follows.

Yearly Performance Section

Being the third section in the comparison of the schemes which analyzes the absolute returns generated by both the schemes for a particular year. The comparison of absolute returns shows that Kotak Standard Multicap Fund leads the race. The table given below summarizes the comparison of the yearly performance section.

Other Details Section

This being the last section, the elements forming part of other details section include AUM, minimum SIP and lumpsum investment, and others. The comparison of AUM shows a drastic difference between both the schemes. As on March 31, 2018, the AUM of Kotak Standard Multicap Fund is around INR 17,853 Crores while for DSPBR Focus Fund is around INR 2,830 Crores. The minimum SIP investment for both the schemes is same, that is, INR 500. However, the minimum lumpsum amount for both the schemes is different. For Kotak Standard Multicap Fund, it is INR 5,000 and for DSPBR Focus Fund, it is INR 1,000. The comparison summary of other details section is tabulated as follows.

Growth of 10k Investments over the years