What is the SIP performance of Kotak Smallcap Fund – Direct Plan?
A Systematic Investment Plan or SIP is offered by mutual funds on their schemes to ease the investment of an individual. SIP can be started as low as Rs 500 and there is no upper limit specified. SIP aids an individual to make the habit of investing regularly. Currently, mutual funds offer various types of schemes such as debt-oriented schemes, equity-oriented schemes, hybrid schemes and other schemes which are divided into various categories.
Kotak Smallcap mutual fund is an open-ended small-cap fund. This fund is one of the highly-rated mutual funds within the category. If you had invested just Rs 2,000 every month i.e., Rs 24,000 p.a. from October 1, 2018, till the present date i.e., October 8, 2021, then the worth of your investment would have been Rs 1,58,956 as against the amount invested of Rs 74,000.
The following graph depicts the growth of the above investment:
Now the question arises, what rate of return the above investment delivers? Let’s look at the same:
As we can see, if you had invested Rs 2,000 every month for three years you would have received a return of 47.15 per cent.
Following table depicts the performance of the fund over its benchmark as of October 6, 2021:
Let’s look at top 5 holdings of the Kotak Small-cap fund:
|
Company
|
% Assets
|
|
Century Plyboards (India)
|
5.16
|
|
Carborundum Universal
|
4.58
|
|
Sheela Foam
|
3.58
|
|
Galaxy Surfactants
|
3.55
|
|
Persistent Systems
|
3.37
|
The top 3 sector allocation of the fund is the following:
|
Sector Name
|
Allocation %
|
|
Consumer Durable
|
15.55
|
|
Chemicals
|
14.72
|
|
Metals
|
10.85
|