As of October 31, 2024, the fund’s portfolio consisted of 97.83% equities and 2.17% in cash and cash equivalents.
The net asset value (NAV) on November 28, 2024, is ₹274.2190.
The fund has a total AUM of ₹17,593 crore as of October 31, 2024.
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Its top holdings include Cyient (3.31%), Techno Electric & Engineering (3.17%), Century Plyboards (3.07%), Ratnamani Metals (2.78%), and Blue Star (2.68%), Value Reserach data showed.
The Kotak Small Cap Fund has faced challenges in the past two years due to lower exposure to public sector undertakings and banks. However, the fund house said it has maintained its investment philosophy of focusing on “growth at a reasonable price.”
Under the management of Harish Bihani, who took over in October 2023, the fund’s strategy remains focused on quality small-cap stocks.
The fund divides companies into three categories: Quality Compounders, Normalcy Candidates, and Wealth Destroyers.
In the short term, the fund delivered a 26.99% return over the six months ending August 31, 2024, outperforming its benchmark, the Nifty Smallcap 250, which returned 21.84%.
Over the long term, it has delivered a 10-year CAGR of 20.86%, compared to the benchmark’s 17.89%.
While its historical performance may appeal to those looking for long-term wealth creation, investors should assess their financial goals and risk tolerance before investing.
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