Kotak Funds : India Midcap Fund
Strictly confidential : For the use of institutional investors only. FACTSHEET Data as on 31/08/2021
Investment Objec ve Kotak Funds: India Midcap Fund ("Fund") aims to achieve long term capital apprecia on by primarily inves ng at least two thirds of its total assets in equity and equity linked securi es of mid capitaliza on companies registered in India or deriving a significant por on of their business from India. Fund Details Key Information Structure UCITS V compliant SICAV Fund Size USD 1745.50 mn* Share class Class J Acc* Fund Nav USD 25.12 ISIN code LU0675383409 Inception Date: Bloomberg code KIMDCLJ LX Equity Fund 25-05-2010 Kotak India Mid Cap Fund Class J (Acc) USD 31-07-2014 Investment manager Kotak Mahindra Asset Management (Singapore) Pte. Ltd * Fund size men oned is for Kotak Funds: India Growth Fund as a whole. Domicile Luxembourg Performance Snapshot (%Change) - Gross Reference Currency USD Return Dura on Fund Index (N IFTY Midcap 100) Alpha Dealing and Valuation Daily 1 Month 5.74 4.17 1.57 Administration and Depository Services Brown Brothers Harriman (Luxembourg) S.C.A. 3 Months 13.85 9.66 4.19 6 Months 26.23 23.70 2.53 Management Company FundRock Management Company S.A. 1 Year 70.35 71.10 -0.75 Management Fee 1.0% of the Net Asset Value 3 Years 16.04 11.56 4.48 Other fees As set out in the Prospectus 5 Years 14.39 11.17 3.22 *Share Class J available for ins tu onal investors only. YTD 39.40 36.52 2.88 Since Incep on 16.09 11.60 4.49 Gross performance of the fund represents performance before considering any Top 10 Stock Holdings Sector % expenses of the fund including tax on the investments of the fund and investment management fees. The Net performance shown below is a er considering all SRF Limited Chemicals 4.3 expenses including tax and investment management fees. Persistent Systems Limited Information Technology 3.6 Mphasis Limited Information Technology 3.0 Performance Snapshot (% Change) - Net Return Max Financial Services Limited Financial Services 2.7 Duration Fund Index (NIFTY Midcap 100) Alpha Aavas Financiers Limited Financial Services 2.7 1 Month 5.22 4.17 1.05 Cholamandalam Investment & Finance Co. Limited Financial Services 2.7 3 Months 12.48 9.66 2.83 Crompton Greaves Consumer Electrical Limited Consumer Goods 2.6 6 Months 23.76 23.70 0.06 PI Industries Limited Fertilisers & Pesticides 2.6 1 Year 64.37 71.10 -6.73 AU Small Finance Bank Limited Financial Services 2.3 3 Years 13.53 11.56 1.97 Jindal Steel & Power Limited Metals 2.2 5 Years 12.18 11.17 1.01 YTD 35.06 36.52 -1.46 Top 10 Sectors Fund Index (NIFTY Midcap 100) Difference Since Inception 13.87 11.60 2.28 Financial Services 20.1 21.5 -1.3 Consumer Goods 14.1 9.5 4.6 Performance over 1 year is annualised. The Fund uses the benchmark for Industrial Manufacturing 9.1 6.5 2.6 performance comparison purposes. The Fund is ac vely managed. This means the investment manager is taking investment decisions with the inten on of achieving Information Technology 7.6 6.8 0.8 the Fund's investment objec ve with complete discre on with respect to por olio Automobile 7.2 6.7 0.4 alloca on and overall level of exposure to the market. The investment manager is not in any way constrained by the benchmark in its por olio posi oning, and the Chemicals 6.9 7.2 -0.3 Fund will not hold all, or indeed may not hold any, of the benchmark cons tuents. Pharma 6.2 7.0 -0.8 The devia on from the benchmark may be complete or significant. Services 5.1 2.6 2.5 (Kotak Mahindra (UK) Limited ("KMUK") was providing investment management services to the fund un l 31 March 2017. Kotak Mahindra Asset Management Cement & Cement Products 5.1 2.5 2.6 (Singapore) Pte. Ltd. ("KMAMS") has been appointed as the investment manager of Healthcare Services 4.6 2.8 1.7 the fund with effect from 1 April 2017. The fund management professionals who provided investment management services to the Fund as employees of KMUK un l Market Capitalization 31.03.2017 con nue to provide such services to the fund as employees of KMAMS.) Fund Risk Statistics Volatility (%) 20.08
Data above is for the period Since Incep on. Contact Us KMUK - London +44 207 977 6900 KMUK - Dubai +971 4384 8900 KMUK - Singapore +65 6290 5590 Large-capitalisa on companies are those that have a market capitalisa on greater than or equal to that of the company which has the 50th largest market capitaliza on amongst the companies listed in India whereas small capitaliza on companies are those that have a market capitalisa on less than that of the company which has the 350th largest market capitaliza on amongst the companies listed in India.
Kotak Mahindra Asset Management is a
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Strictly confidential : For the use of institutional investors only. FACTSHEET Data as on 31/08/2021 Important No ce: This document is not intended as a recommenda on or for the purpose of solici ng any ac on in rela on to the fund and should not be construed as an offer to sell shares in the fund. Kotak Funds: India Midcap Fund is a Sub Fund of 'Kotak Funds' which is an open ended investment company organized as a Societe d'Inves ssement a Capital Variable (SICAV) The Fund is operated under the requirements of the European Union's Direc ve on Undertakings for Collec ve Investment in Transferable Securi es (UCITS) and is regulated by Luxembourg's Commission de Surveillance du Secteur Financier (CSSF). The private placement memorandum of the Fund or this document has not been registered as a prospectus with the Monetary Authority of Singapore. Accordingly, this document and any other materials in connec on with the offer or sale, solicita on or invita on for subscrip on or purchase, of interests to be issued from me to me by the Fund may not be circulated or distributed, nor may the interests be offered or sold, or be made the subject of an invita on for subscrip on or purchase, whether directly or indirectly, to persons in Singapore other than (i) to an ins tu onal investor under Sec on 304 of the Securi es and Futures Act, Chapter 289 of Singapore (the "SFA"), (ii) to an accredited investor pursuant to Sec on 305(1) of the SFA, (iii) or otherwise pursuant to, and in accordance with the condi ons of, any other applicable provision of the SFA. Distribu on of this document is strictly restricted by applicable laws and regulatory requirements of all countries in which it is made available and is intended only for the use of persons to whom it may legally be made available under local qualifica on criteria. This document is not intended to be accessed by retail investors. Protec ons afforded by local legal and regulatory systems may have limited applicability to investments in this fund. Investments in India are subject to a number of risks including, but not limited to, risk of losing some or all of the capital invested, high market vola lity, variable market liquidity, geopoli cal risks (including poli cal instability), exchange rate fluctua ons (between the currency of the fund's share class and the Indian Rupee), changes in tax regime and restric ons on investment ac vi es of foreign investors. Past investment performance should not be viewed as a guide to, or indicator of, future performance and the value of investments and the income derived from them can go down as well as up. Detailed informa on on the fund and associated risks is contained in the fund prospectus. The Fund documents including its prospectus are available on the Fund's website which can be accessed at h ps://www.kotakamc.sg/. In Switzerland, these documents along with the Fund's ar cles of associa on can be obtained from the Fund's Representa ve and Paying agent: BNP Paribas Securi es Services, Paris, succursale de Zurich, Selnaustrasse 16, 8002 Zurich, Suisse. You should consult your professional adviser if you are in doubt about the strict restric ons applicable to the use of this document, regulatory status of the fund, applicable regulatory protec on, associated risks and suitability of the fund to your objec ves. The Fund is an unregistered private fund and is NOT subject to the same regulatory requirements as U.S. registered mutual funds, including mutual fund requirements to provide certain periodic and standardized pricing and valua on informa on to investors. The shares of the Fund have not been and will not be registered under the US Securi es Act of 1933, as amended, (the "Securi es Act") or with any securi es regulatory authority of any state or any other jurisdic on of the United States and, must not be offered or sold within the United States or to, or for the account or benefit of, US Persons (as defined in Regula on S under the Securi es Act). The Funds have been registered for distribu on in certain countries in the European Union. The protec ons available to investors are set out in a document that can be accessed by following this link [h ps://kotakamc.sg/downloads].The investment manager of the Funds may terminate such registra on in accordance with Ar cle 93a of Direc ve 2009/65/EC as amended and Ar cle 32a of Direc ve 2011/61/EU as amended which would result in the facili es available to investors in such jurisdic ons no longer being available following termina on. The Fund has appointed Kotak Mahindra Asset Management (Singapore) Pte. Ltd. ("KMAMS") as its investment manager with effect from 1 April 2017. KMAMS whose registered office is at 16 Raffles Quay, #35-04A, Hong Leong Building, Singapore - 048581. Phone: +65 63956970 is regulated by the Monetary Authority of Singapore. This document has been prepared by KMAMS and is communicated by the following, whose prior wri en consent must be obtained before onward distribu on or communica on to any other person: Kotak Mahindra (UK) Ltd (authorised and regulated by the Financial Conduct Authority), 155-157Minories, London EC3N1LS.Phone: +44 207 977 6900. Kotak Mahindra (UK) Ltd (Dubai Branch), (which is regulated by the Dubai Financial Services Authority) Office No. 701, Level 7, Tower 2, Al Fa an Currency House, DIFC, P.O. Box 121753, Dubai, UAE. Phone: +9714 3848900. Kotak Mahindra (UK) Ltd (Singapore Branch), (which is regulated by the Monetary Authority of Singapore), 16 Raffles Quay #35-03, Hong Leong Building, Singapore . Phone: +65 6290 5590.
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