Fincash » Kotak Standard Multicap Fund Vs Tata Large Cap Fund
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There are differences between Kotak Standard Multicap Fund and Tata Large Cap Fund on account of various parameters. This difference exists though they belong to the same category of Large cap funds. In simple terms, large-cap funds are a category of Equity Funds and form the top of the pyramid when equity funds are classified on the Basis of Market capitalization. These companies are huge and enormous with respect to their size and human Capital. In addition, these companies have an established reputation in their field. They are also known as bluechip companies and have a market capitalization of above INR 10,000 crores. However, if two schemes belong to the same category, it does not mean that they exhibit the same attributes. So, let us understand the differences between Kotak Standard Multicap Fund and Tata Large Cap Fund based on various parameters.
Kotak Standard Multicap Fund (earlier known as Kotak Select Focus Fund) is offered by Kotak Mutual Fund under the large-cap category of equity fund. The inception date of this scheme is September 11, 2009. The objective of Kotak Standard Multicap Fund is to attain capital appreciation in the long-term generated from a Portfolio predominantly consisting of equity and equity-related instruments focusing on particular sectors. Nifty 200 is the benchmark index in case of Kotak Standard Multicap Fund. HDFC Bank Limited, Larsen & Toubro Limited, Reliance Industries Limited, and ICICI Bank Limited are some of the top constituents that form part of Kotak Standard Multicap Fund. Kotak Standard Multicap Fund is solely managed by Mr. Harsha Upadhyaya. This scheme is suitable for individuals seeking for capital growth in long-term by Investing in equity securities focused on few selected sectors.
Tata Large Cap Fund is a part of Tata Mutual Fund. The scheme was incepted on May 07, 1998 and its objective is to attain capital growth in the long-term along with Income distribution in medium to long-term tenure. S&P BSE Sensex TRI is the benchmark index used by Tata Large Cap Fund to construct its portfolio. Mr. Gopal Agarwal is the fund manager solely managing Tata Large Cap Fund. Some of the key attributes of the scheme include relatively stable portfolio and an ideal fund to invest in undervalued large-cap companies. As per the scheme’s Asset Allocation, it invests around 70-100% of its pooled money in listed equity and equity-related instruments while the remaining in money market instruments. The scheme adopts the top-down and bottom-up approach of picking stocks but is more biased towards bottom-up approach.
Though both Kotak Standard Multicap Fund and Tata Large Cap Fund belong to the same category there are differences between both the schemes. So, let’s compare both the schemes on different parameters that are divided into four sections, namely, basics section, performance section, yearly performance section, and other details section.
It is the first section in the comparison of both the schemes. The comparable elements forming part of basics section include current NAV, Fincash Rating, and scheme category. To begin with the current NAV, it can be said that there is a drastic difference in the NAV of both the schemes. The NAV of Kotak Standard Multicap Fund was around INR 33 while of Tata Large Cap Fund was nearly INR 208 as of April 23, 2018. The comparison of scheme category reveals 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 rated as 5-Star while Tata Large Cap Fund is rated as 3-Star. The comparison of basics section is summarized as follows.
Parameters Basics NAV 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 ₹60.235 ↑ 0.18 (0.30 %) ₹40,184 on 31 Jul 23 11 Sep 09 ☆☆☆☆☆ Equity Multi Cap 3 Moderately High 1.35 1.01 -1.12 1.75 Not Available 0-1 Years (1%),1 Years and above(NIL) TATA Large Cap Fund
Growth
Fund Details ₹374.873 ↑ 0.41 (0.11 %) ₹1,613 on 31 Jul 23 7 May 98 ☆☆☆ Equity Large Cap 35 Moderately High 2.25 0.91 0.36 3.2 Not Available 0-365 Days (1%),365 Days and above(NIL)
This section compares the Compounded Annual Growth Rate or CAGR returns of both the schemes for different time intervals. Some of these time intervals include 1 Year Return, 3 Year Return, 5 Year Return, and Return Since Inception. The comparison of CAGR returns shows that for certain time intervals, Kotak Standard Multicap Fund leads the race while in others, Tata Large Cap Fund leads the race. The comparison of the performance section is tabulated as follows.
Parameters Performance 1 Month 3 Month 6 Month 1 Year 3 Year 5 Year Since launch Kotak Standard Multicap Fund
Growth
Fund Details 0.5% 7.6% 13.1% 14.6% 19.7% 11.3% 13.7% TATA Large Cap Fund
Growth
Fund Details -0.4% 7.8% 13% 13.8% 21.5% 11.1% 19%
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The comparison of absolute returns generated by each scheme for a particular year is compared in the yearly performance section. The comparison of yearly performance section shows that in most of the instances, the performance of Kotak Standard Multicap Fund has been better. The table given below shows the comparison of the yearly performance section.
Parameters Yearly Performance 2022 2021 2020 2019 2018 Kotak Standard Multicap Fund
Growth
Fund Details 5% 25.4% 11.8% 12.3% -0.9% TATA Large Cap Fund
Growth
Fund Details 3.3% 32.7% 8.3% 12.1% -3.6%
It is the last section in the comparison that includes elements such as AUM, minimum SIP investment, minimum lumpsum investment, and others. To begin with the AUM, we can say that there is a drastic difference in the AUM of the schemes. As on March 31, 2018, the AUM of Kotak Standard Multicap Fund is approximately INR 17,853 Crores while of Tata Large Cap Fund is approximately INR 756 Crores. The minimum SIP investment for both the schemes is same, that is, INR 500. Similarly, the minimum lumpsum investment for both the schemes is also same, that is, INR 5,000. The table given below summarizes the comparison of other details section.
Parameters Other Details Min SIP Investment Min Investment Fund Manager Kotak Standard Multicap Fund
Growth
Fund Details ₹500 ₹5,000 Harsha Upadhyaya - 11.08 Yr. TATA Large Cap Fund
Growth
Fund Details ₹150 ₹5,000 Abhinav Sharma - 0.41 Yr.
Kotak Standard Multicap Fund
Growth
Fund Details Growth of 10,000 investment over the years.
Date Value 31 Aug 18 ₹10,000 31 Aug 19 ₹9,519 31 Aug 20 ₹9,732 31 Aug 21 ₹14,584 31 Aug 22 ₹15,084 31 Aug 23 ₹17,029 TATA Large Cap Fund
Growth
Fund Details Growth of 10,000 investment over the years.
Date Value 31 Aug 18 ₹10,000 31 Aug 19 ₹9,469 31 Aug 20 ₹9,345 31 Aug 21 ₹14,533 31 Aug 22 ₹14,994 31 Aug 23 ₹16,708
Kotak Standard Multicap Fund
Growth
Fund Details Asset Allocation
Asset Class Value Cash 0.74% Equity 99.26% Equity Sector Allocation
Sector Value Financial Services 27.97% Basic Materials 17.97% Industrials 17.84% Consumer Cyclical 11.65% Technology 7.22% Energy 5.38% Consumer Defensive 4.51% Health Care 3.07% Communication Services 1.95% Utility 0.98% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 30 Sep 10 | ICICIBANK8% ₹3,164 Cr 33,000,000
↓ -800,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Sep 13 | LT5% ₹2,054 Cr 7,600,000
↓ -200,000 Infosys Ltd (Technology)
Equity, Since 30 Nov 10 | INFY5% ₹1,967 Cr 13,700,000 UltraTech Cement Ltd (Basic Materials)
Equity, Since 31 Mar 14 | ULTRACEMCO5% ₹1,929 Cr 2,325,000 Axis Bank Ltd (Financial Services)
Equity, Since 31 May 12 | 5322155% ₹1,820 Cr 18,700,000
↓ -600,000 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 10 | HDFCBANK5% ₹1,807 Cr 11,500,796 Bharat Electronics Ltd (Industrials)
Equity, Since 31 Aug 14 | BEL4% ₹1,772 Cr 133,000,000 SRF Ltd (Basic Materials)
Equity, Since 31 Dec 18 | SRF4% ₹1,767 Cr 7,500,000 State Bank of India (Financial Services)
Equity, Since 31 Jan 12 | SBIN4% ₹1,544 Cr 27,500,000
↓ -800,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 16 | RELIANCE4% ₹1,468 Cr 6,100,000 TATA Large Cap Fund
Growth
Fund Details Asset Allocation
Asset Class Value Cash 1.22% Equity 98.78% Equity Sector Allocation
Sector Value Financial Services 37.08% Industrials 14.15% Consumer Defensive 11.13% Technology 10.56% Energy 7.22% Consumer Cyclical 5.82% Utility 4.52% Basic Materials 3.9% Health Care 3.05% Real Estate 1.36% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 07 | HDFCBANK14% ₹216 Cr 1,375,950 Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 05 | RELIANCE7% ₹115 Cr 478,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Mar 11 | ICICIBANK5% ₹83 Cr 865,300 Infosys Ltd (Technology)
Equity, Since 31 Jan 09 | INFY5% ₹80 Cr 558,000
↑ 18,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Dec 20 | LT4% ₹65 Cr 241,000 Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | 5322154% ₹59 Cr 605,000 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Jul 18 | TCS3% ₹51 Cr 152,000 Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 30 Sep 20 | HINDUNILVR3% ₹46 Cr 185,000 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Oct 16 | KOTAKBANK3% ₹46 Cr 260,000 State Bank of India (Financial Services)
Equity, Since 30 Apr 14 | SBIN3% ₹43 Cr 761,000
↓ -90,000
Therefore, from the above-mentioned pointers, it can be said that both Kotak Standard Multicap Fund Vs Tata Large Cap Fund differ on account of various parameters though they belong to the same category. As a consequence, individuals should be cautious while picking any of the schemes for investment. They should check whether the scheme suits their investment objective or not. If required, individuals can also take an opinion of a financial advisor. This will help them to attain their objectives on time along with ensuring the safety of their capital.