Investment Objective and Approach

The investment objective of the Scheme is to generate capital appreciation from a diversified portfolio of equity and equity related instruments. The Scheme will invest in stocks of companies, which are fundamentally sound but are undervalued. Undervalued stocks are stocks of those companies whose true long term potential is not yet recognised by the market. At times, the broad market takes time to appreciate the long-term potential of some fundamentally sound companies. Stocks of such companies are traded at prices below their intrinsic value and are regarded as undervalued stocks.

The fund follows a contrarian investment philosophy, employing a Business-Management-Valuation approach. The fund picks up fundamentally sound undervalued stocks whose true long term potential is not recognised by the market. Kotak India EQ Contra Fund follows a value/contrarian style of investing, which endeavours to find stocks that are priced significantly lower than what the fund management team believes their true worth is.

The fund believes that over a period of time, the price of a stock reflects the intrinsic value of the underlying company. Thus, the moving up of the price of the undervalued stock towards its intrinsic value will help us generate capital appreciation for investors.

Key Investment Characteristics:

- Scheme Inception: July 27, 2005

- AUM: ₹ 4,471 Cr as on 31-Jul-2025

- Investment approach focuses on identifying high-quality companies trading below intrinsic value

- Contrarian strategy seeking companies with strong fundamentals but temporary market pessimism

Fund Managers

Ms. Shibani Kurian has been managing the fund since 09/05/2019. Shibani Kurian has nearly 25 years of experience that she can manage two funds with polar opposite investment strategies. As the Head of Equity Research and a Fund Manager at Kotak Mahindra AMC, she oversees five equity funds, with total assets exceeding Rs 9,600 crore.

Professional Experience and Expertise

Ms. Shibani Sircar Kurian has a total experience of 20 years in the Indian equity markets of which almost more than 15 years have been with Kotak Mahindra Asset Management Company Limited. Her primary responsibilities include equity fund management and heading the equity research team. Prior to joining Kotak Mahindra Asset Management Company Limited, she worked for almost 6 years with UTI Asset Management Company Limited.

Educational Qualifications:

- PGDM (Specialization in Finance), BSc (Hons)-Economics

- Prior experience with Dawnay Day AV India Advisors Pvt Ltd and UTI AMC

Ms. Kurian brings extensive expertise in equity research and fund management, with a proven track record of managing multiple equity funds across different investment styles and market capitalizations.

About the Fund House (AMC)

Kotak Mahindra Asset Management Company Limited (KMAMC) is a public limited company registered under the Companies Act, 1956 on August 2, 1994. The company is the asset manager of Kotak Mahindra Mutual Fund (KMMF) and a wholly and a subsidiary of Kotak Mahindra Bank Limited (KMBL). Kotak Mutual Fund began its operations back in December 1998.

Key Highlights

It was the first AMC to offer a dedicated gilt fund for investing solely in Government securities. It provides mutual fund and portfolio management services under SEBI ('Mutual Funds') Regulations, 1996 and SEBI (Portfolio Manager) Regulations, 1993. KMAMC also offers pension fund management services through its subsidiary, the Kotak Mahindra Pension Fund Limited.

Company Statistics (as of March 31, 2024):

- Asset under management of Kotak AMC is more than 3.81 lakh crores

- KMAMC has 86 branches spread over 82 cities in India and has 25.9 lakh unique investors

- Currently, the company offers around 261 schemes catering to the variable risk appetite of investors. It primarily invests in AAA and AA rated companies and possesses a substantial value of assets under management (AuM)

Kotak Mahindra AMC has established itself as a prominent player in the Indian mutual fund industry, known for its research-driven investment approach and comprehensive range of investment solutions across asset classes.

Should I Invest in Kotak Contra Fund?

Kotak Contra Fund is suitable for investors who:

- Have a long-term investment horizon of at least 5-7 years

- Understand and are comfortable with contrarian investment philosophy

- Seek capital appreciation through equity investments

- Can tolerate moderate to high market volatility

- Want exposure to fundamentally strong but temporarily undervalued companies

The fund's contrarian approach requires patience as it may take time for undervalued stocks to realize their true potential. Warning: Do not invest in this, or any other value-oriented fund, if you need to redeem your investment in less than five years.

Investment Considerations:

- It has delivered 14.18% returns since inception

- The expense ratio of Kotak India EQ Contra Fund - Regular Plan is 1.88

- Exit load of 1% if redeemed within 90 days

FAQs

What is today's NAV of Kotak Contra Fund?

The NAV changes daily based on market movements. You can check the latest NAV on the official Kotak Mutual Fund website or financial platforms like Allvest.

What is the AUM of Kotak Contra Fund?

The fund's AUM is ₹ 4,471 Cr as on 31-Jul-2025. The AUM reflects the total assets managed by the fund.

What is the expense ratio of Kotak Contra Fund?

The expense ratio of the Regular Plan is 1.88%. Direct plans typically have lower expense ratios compared to regular plans.

What are the returns of Kotak Contra Fund since inception?

The fund has delivered 14.18% returns since inception (as of the data available). Past performance doesn't guarantee future returns.

What is the minimum SIP amount to invest in Kotak Contra Fund?

You can start investing with a minimum SIP amount as low as ₹100 per month, making it accessible for retail investors.

How do I invest in Kotak Contra Fund?

You can invest through Allvest's platform, which offers a convenient online investment process. You can also invest directly through Kotak Mutual Fund's website or through registered distributors.

How to start a SIP in Kotak Contra Fund?

Register on Allvest, complete your KYC, select Kotak Contra Fund, choose SIP option, set your monthly investment amount and date, and authorize auto-debit from your bank account.

How do I automate an SIP in Kotak Contra Fund?

After setting up your SIP through Allvest, provide an auto-debit mandate to your bank. This ensures automatic monthly investments without manual intervention.

How can I withdraw/redeem my investment in Kotak Contra Fund?

You can redeem your units through Allvest's platform or the official AMC website. Note that there's an exit load of 1% if redeemed within 90 days.