Kotak Global Emerging Market Fund Growth
Kotak Global Emerging Market Fund Growth0Morning Star
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|Fund Type||Global - Other|
|Exit Load||1% for 365 Days|
More about this fund
|Signature Emerging Markets Fund||71.37%|
|iShares MSCI EM ETF USD Dist||23.17%|
About Kotak Global Emerging Market Fund
The Kotak Global Emerging Market Fund is an open-ended, equity fund of funds scheme. It seeks to provide long-term capital appreciation by investing in an overseas mutual fund scheme that invests in a diversified portfolio of securities as prescribed by SEBI from time to time in global emerging markets.
Pros & Cons of Kotak Global Emerging Market Fund
- The Kotak Global Emerging Market Fund is suitable for investors who are looking at long-term capital gains and have a high tolerance for risk. 2.It allows SIP purchase with minimum 6 transactions of Rs. 1,000 each. It also offers other features like SWP, STP, DTP, etc. which make it a good investment option. As on September 30, 2018, this scheme is not ranked under CRISIL’s Fund of Funds category.
- Further, it has generated returns of 10.32% per year over the last 10 years (as on December 31, 2018).
Fund Information and Statistics of Kotak Global Emerging Market Fund
i) Inception / Launch date
The scheme was launched on 26 September 2007 by Kotak Mahindra Mutual Fund.
ii) Risk level
The scheme is suitable for investors seeking long-term capital growth and invests in overseas mutual fund schemes which invest in global emerging markets. It has a High risk-level.
The minimum redemption amount is Rs. 1,000 or 100 units. However, if the holding is less than Rs. 1000 or 100 units, after processing the redemption request, the entire amount/units will be redeemed from the Scheme. The Mutual Fund will dispatch the redemption proceeds within 6-10 business days of the receipt of a valid redemption request at the official points of acceptance.
iv) Fund Manager
Mr. Deepak Gupta manages the overseas investments (since April 02, 2011) and Mr. Abhishek Bisen manages the debt segment (since September 28, 2010) of Kotak Global Emerging Market Fund.
v) Entry / Exit load
There is no entry load in this scheme. The exit load structure is as follows: 1. If the units purchased or switched in are redeemed or switched out after one year from the date of allotment, then the exit load = NIL 2. If the units purchased or switched in are redeemed or switched out within one year from the date of allotment, then the exit load = 1% of the NAV
Tax benefits of investing in Kotak Global Emerging Market Fund
The following taxes are applicable to income arising from investing in this scheme: 1. STCG tax (units are held for a period of less than 12 months) – as per the income-tax slabs of the investor. 2. LTCG tax (units are held for a period of more than 12 months) – 20% with indexation benefits.
About Kotak Mutual Fund
The fund house is managed by Kotak Mahindra Asset Management Company Limited (the “AMC”). It started operations in December 1998. The fund house offers schemes catering to investors with different risk appetite and was the first fund house in India to launch a dedicated gilt scheme. The AMC manages assets worth more than Rs 1.25 lakh crore.
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Min amount: ₹1,500
All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,
- High Risk = High possible returns
- Low Risk = Stable, relatively lower returns