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Fincash » Kotak Standard Multicap Fund Vs Kotak India EQ Contra Fund

Kotak Standard Multicap Fund Vs Kotak India EQ Contra Fund

Updated on November 15, 2019 , 190 views

Kotak Standard Multicap Fund and Kotak India EQ contra fund differ on account of various parameters even though they belong to the same category of Large cap funds. In addition, these schemes are also managed by the same fund house, that is, Kotak Mutual Fund. In simple terms, large-cap funds are the schemes whose corpus is invested in shares of large sized companies. These companies are considered to be huge in terms of market capitalization which is above INR 10,000 Crores. Since, these funds invest in some of the big bussiness, they tend to perform stable in most of the market conditions. They are known for their stable growth in terms of revenue and profits. Even during economic downturns, the share prices of these companies do not fluctuate much as compared to other market caps. So, let us understand the differences between Kotak Standard Multicap Fund Vs Kotak India EQ Contra Fund by comparing various parameters through this article.

Kotak Standard Multicap Fund (Erstwhile Kotak Select Focus Fund)

Kotak Standard Multicap Fund (earlier known as Kotak Select Focus Fund) is a part of Kotak Mutual Fund. The objective of this scheme is to attain capital growth in the long-term by Investing the pooled money in equity and equity-related instruments, generally focused on a few selected sectors. This open-ended Mutual Fund scheme was launched on September 11, 2009. HDFC Bank Limited, Larsen & Toubro Limited, Reliance Industries Limited, and ICICI Bank Limited are some of the top holdings of Kotak Standard Multicap Fund’s portfolio as on March 31, 2018. Mr. Harsha Upadhyaya is the sole fund manager of Kotak Standard Multicap Fund. The scheme uses NIFTY 200 as its benchmark index to construct its portfolio. The risk-appetite of Kotak Standard Multicap Fund is moderately high and is suitable for individuals seeking long-term capital growth.

Kotak India EQ Contra Fund (Erstwhile Kotak Classic Equity Fund)

Kotak India EQ Contra Fund (earlier known as Kotak Classic Equity Fund) is also an open-ended large-cap scheme offered by Kotak Mutual Fund. This scheme was incepted on July 27, 2005, and it uses NIFTY 100 as its benchmark index to build its portfolio of assets. The investment objective of Kotak India EQ Contra Fund is to generate capital appreciation in the long-run from a varied portfolio consisting of equity and equity-related instruments. As on March 31, 2018, some of the top holdings of Kotak India EQ Contra Fund consisted of Maruti Suzuki India Limited, Hindustan Unilever Limited, Reliance Industries Limited, Tata Consultancy Services Limited, and Tech Mahindra Limited. Mr. Deepak Gupta is the sole fund manager of Kotak India EQ Contra Fund. This scheme is also suitable for individuals seeking capital appreciation in the long-term tenure.

Kotak Standard Multicap Fund Vs Kotak India EQ Contra Fund

Though both the schemes belong to the same category and fund house, yet; there are numerous differences between them. So, let’s understand the differences between Kotak Standard Multicap Fund VsKotak India EQ Contra Fund by comparing numerous parameters that are divided into four sections, which are as follows.

Basics Section

It is the first section in the comparison that uses parameters like Current NAV, Fincash Rating, and scheme category. To begin with the scheme category, it can be said that both the schemes belong to the same category, that is, Equity Large Cap. With respect to Fincash Rating, it can be said that Kotak Standard Multicap Fund is a 5-Star rated scheme while; Kotak India EQ Contra Fund is a 3-Star rated scheme. The comparison of current NAV reveals that there is a difference between both the schemes on account of NAV. As on April 24, 2018, the NAV of Kotak Standard Multicap Fund was approximately INR 33 while of Kotak India EQ Contra Fund is INR 50. The summary of basics section is tabulated as follows.

Parameters
BasicsNAV
Net Assets (Cr)
Launch Date
Rating
Category
Sub Cat.
Category Rank
Risk
Expense Ratio
Sharpe Ratio
Information Ratio
Alpha Ratio
Benchmark
Exit Load
Kotak Standard Multicap Fund
Growth
Fund Details
₹36.888 ↑ 0.04   (0.12 %)
₹26,991 on 30 Sep 19
11 Sep 09
Equity
Multi Cap
3
Moderately High
1.84
0.42
0.13
4.09
Not Available
0-1 Years (1%),1 Years and above(NIL)
Kotak India EQ Contra Fund
Growth
Fund Details
₹54.359 ↑ 0.10   (0.18 %)
₹859 on 30 Sep 19
27 Jul 05
Equity
Contra
30
Moderately High
2.64
0.19
0.25
-0.46
Not Available
0-1 Years (1%),1 Years and above(NIL)

Performance Section

This being the second section, it compares the Compounded Annual Growth Rate or CAGR returns at various 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 at certain time intervals, Kotak Standard Multicap Fund has performed better while in others, Kotak India EQ Contra Fund has done better. The table given below shows the comparison summary of the performance section.

Parameters
Performance1 Month
3 Month
6 Month
1 Year
3 Year
5 Year
Since launch
Kotak Standard Multicap Fund
Growth
Fund Details
5%
8.8%
8.2%
13.8%
14.2%
11.3%
13.7%
Kotak India EQ Contra Fund
Growth
Fund Details
3.9%
8.3%
7.3%
11.6%
15.3%
9.4%
12.6%

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Yearly Performance Section

The comparison of absolute returns generated by both the schemes for a particular year is compared in the yearly performance section. In this section too, for certain years, Kotak Standard Multicap Fund leads the race while in others Kotak India EQ Contra Fund leads the race. The table given below summarizes the comparison of yearly performance section.

Parameters
Yearly Performance2018
2017
2016
2015
2014
Kotak Standard Multicap Fund
Growth
Fund Details
-0.9%
34.3%
9.4%
3%
57.9%
Kotak India EQ Contra Fund
Growth
Fund Details
2.6%
35.4%
7.1%
-3.4%
39.3%

Other Details Section

It is the last section of the comparison that includes elements like AUM, minimum SIP investment, and minimum lumpsum investment. The comparison of minimum lumpsum investment reveals the lumpsum amount for both the schemes is same, that is, INR 5,000. The comparison of minimum SIP investment shows that there is a difference. For Kotak Standard Multicap Fund, the minimum SIP amount is INR 500 while for Kotak India EQ Contra Fund, it is INR 1,000. Also, with respect to the AUM, both the schemes differ. As on March 31, 2018, the AUM of approximately Kotak India EQ Contra Fund is INR 297 Crores while of other scheme is approximately INR 17,853 Crores. The summarized comparison of the other details section is as shown in the table given below.

Parameters
Other DetailsMin SIP Investment
Min Investment
Fund Manager
Kotak Standard Multicap Fund
Growth
Fund Details
₹500
₹5,000
Harsha Upadhyaya - 7.08 Yr.
Kotak India EQ Contra Fund
Growth
Fund Details
₹1,000
₹5,000
Shibani Kurian - 0.48 Yr.

Growth of 10k Investments over the years

Growth of 10,000 investment over the years.
Kotak Standard Multicap Fund
Growth
Fund Details
DateValue
31 Oct 14₹10,000
31 Oct 15₹11,035
31 Oct 16₹12,852
31 Oct 17₹15,752
31 Oct 18₹15,128
31 Oct 19₹17,553
Growth of 10,000 investment over the years.
Kotak India EQ Contra Fund
Growth
Fund Details
DateValue
31 Oct 14₹10,000
31 Oct 15₹10,144
31 Oct 16₹11,203
31 Oct 17₹13,897
31 Oct 18₹14,040
31 Oct 19₹15,928

Detailed portfolio Comparison

Asset Allocation
Kotak Standard Multicap Fund
Growth
Fund Details
Asset ClassValue
Cash7.15%
Equity92.83%
Debt0.01%
Other0%
Equity Sector Allocation
SectorValue
Financial Services34.59%
Industrials12.2%
Energy10.53%
Basic Materials9.94%
Technology7.72%
Consumer Cyclical5.82%
Consumer Defensive4.07%
Utility3.19%
Health Care1.75%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Triparty Repo
CBLO/Reverse Repo | -
10%₹2,636 Cr
Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 16 | RELIANCE
7%₹1,799 Cr13,500,000
↑ 500,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 10 | HDFCBANK
7%₹1,796 Cr14,630,000
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Sep 10 | ICICIBANK
7%₹1,765 Cr40,700,000
↑ 200,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Sep 13 | LT
5%₹1,401 Cr9,500,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 May 12 | 532215
5%₹1,223 Cr17,850,000
Infosys Ltd (Technology)
Equity, Since 30 Nov 10 | INFY
4%₹1,106 Cr13,730,562
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 May 18 | TCS
3%₹924 Cr4,400,000
Cash Offset For Derivatives
Derivative Margin | -
3%-₹816 Cr81,616
↑ 8,037
UltraTech Cement Ltd (Basic Materials)
Equity, Since 31 Mar 14 | ULTRACEMCO
3%₹781 Cr1,800,000
↑ 100,000
Asset Allocation
Kotak India EQ Contra Fund
Growth
Fund Details
Asset ClassValue
Cash3.04%
Equity96.96%
Debt0.01%
Equity Sector Allocation
SectorValue
Financial Services38.57%
Energy10.63%
Industrials9.91%
Technology9.65%
Consumer Cyclical8.44%
Consumer Defensive7.43%
Basic Materials6.21%
Utility3.01%
Health Care2.04%
Communication Services1.06%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 10 | HDFCBANK
9%₹78 Cr634,836
Reliance Industries Ltd (Energy)
Equity, Since 30 Sep 08 | RELIANCE
8%₹68 Cr467,085
↑ 29,000
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 18 | ICICIBANK
7%₹64 Cr1,381,051
Larsen & Toubro Ltd (Industrials)
Equity, Since 28 Feb 18 | LT
5%₹41 Cr278,095
Infosys Ltd (Technology)
Equity, Since 31 Oct 10 | INFY
5%₹40 Cr579,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Oct 12 | HDFC
4%₹31 Cr145,000
↓ -20,217
Axis Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | 532215
4%₹31 Cr418,000
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 31 May 17 | 500696
3%₹27 Cr124,990
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 28 Feb 19 | KOTAKBANK
3%₹27 Cr171,650
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Nov 12 | TCS
3%₹25 Cr111,117
↓ -12,800

Thus, from the above pointers, it can be said that both the schemes differ on account of various parameters. As a consequence, individuals should be careful while choosing any of the schemes for investment. They should understand the modalities of the scheme completely and check whether it suits their investment objective or not. If required, they can even consult the opinion of a financial advisor. This will help them to attain their objectives on time and in a hassle-free manner.

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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