About Kotak Standard Multicap Fund
Kotak Standard Multicap Fund is an open-ended equity scheme investing in stocks across market capitalizations i.e large-cap, midcap & smallcap.
Investment Objective
The investment objective of the scheme is to provide long-term capital appreciation to the investors by investing in a diversified portfolio of equity & equity-related securities with focus on a few selected sectors.
Benchmark
The Benchmark of the scheme is NIFTY 200 TRI.
Investment Details
Particulars | Minimum Amount |
Minimum Application Amount | Rs.5,000 & in multiples of Rs.1 thereafter |
Minimum Additional Investment | Rs.1,000 & in multiples of Rs.1 thereafter |
SIP Details
Minimum Amount | Minimum Installments |
Rs.500 | 10 |
Loads
Entry Load: Nil
Exit Load:
If units are redeemed or switched out within 1 year- 1%
If units are redeemed or switched out after 1 year- Nil
Suitability
Kotak Standard Multicap Fund is suitable for investors with a moderately high-risk appetite & looking to invest for a period of 5 years & above.
Taxation:
As the fund predominantly invests in equity securities, Kotak Standard Multicap Fund has the taxability of an equity mutual fund scheme. Following taxation is applicable:
- If the units are sold after 1 year, then the gains on investments are treated as Long Term Capital Gains (LTCG). LTCG of up to Rs 1 lacs in a financial year is tax-free and above that, it is taxed at the rate of 10% without the benefit of indexation.
- If the units are sold within 1 year, then the gains are treated as Short Term Capital Gains (STCG) and are taxed at the rate of 15%.
Kotak Standard Multicap Fund’s Asset Allocation
Under normal conditions, the pattern of asset allocation is as follows:
Assets | Minimum indicative allocation (% of total assets) | Maximum indicative allocation (% of total assets) | Risk Profile |
Equity & Equity related securities | 65 | 100 | Moderate to High |
Debt & money market instruments | 0 | 35 | Low |
REITs & InvITs | 0 | 10 | Moderate to High |
Who should invest?
Multicap funds are those equity mutual funds that invest in equity & equity-related securities of companies across market capitalizations & different sectors. These funds offer the benefits of diversification through its multi-cap investments.
Investments in Kotak Standard Multicap Fund can be made by investors who want to invest in a diversified portfolio of equities. The diversified equity portfolio helps generate good returns over long periods with relatively lower volatility.
Investors looking to invest in equity funds with a diversified portfolio could consider investments in this fund. The fund can be a good investment for an investor’s core equity portfolio.
Eligibility
The following people are eligible for investing in this scheme:
- Indian Resident Adults (single holder or on a joint basis)
- Hindu Undivided Family
- Partnership entities
- Limited Liability Partnership units
- Minor through parent or a legal guardian
- Sole Proprietor
- Corporates, PSUs & others.
- NRIs/POIs/OCIs
- Banks & Financial Institutions
- Religious & Charitable Trusts
- Defense & paramilitary units
- Foreign Portfolio Investors
- Pension/Provident/Gratuity Funds
- Trustee, AMCs or Sponsors
- Other schemes of Kotak or other mutual funds
- Alternative Investment Funds
- Others
How to invest?
You can invest in Kotak Standard Multicap Fund through any AMFI distributor, AMC, banks, or third party platforms. If you need any help with your investments, you can reach out to our ZFunds Experts on Whatsapp - 7217746224.