Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

ALPS | Kotak India Growth Fund Class A (INDAX)

12.22
Net Asset Value
+1.83%
1 Day
+14.96%
Year-to-Date
Overall Morningstar Rating
India equity
Style or Category
5.5
Sales Expenses
3.51%
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks to achieve long-term capital appreciation. The fund will invest at least 80% of its net assets in equity and equity-linked securities of "Indian companies." The advisor intends to invest in the equity securities of Indian companies by investing in shares of a wholly owned, collective investment vehicle (the "Portfolio"), registered with and regulated by the Mauritius Financial Services Commission. Investment by the Portfolio is a tax efficient method of investing in Indian companies.

Performance

1 month+1.87% 3 years+21.90%
3 months+9.59% 5 years+11.73%
1 year+12.33% Since inception+6.99%
Data through --

Peer Comparisonvs. India equity

 INDAXCategory
Performance 5-yr return+11.73%+4.28%
Expense ratio3.51%1.78%
Risk 5 year sharpe ratio0.510.47
Net assets$16.2M$435.5M
Average market cap$7.4B$12.9B
Average P/E24.622.9
Portfolio turnover58%58%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyALPS
Fund manager & tenureNitin Jain / 5 Years
Minimal initial investment$2,500.00
Minimum IRA investment--

Holdings

International stock97.77%
Cash2.23%
U.S. stock0.00%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 6.30%
-- 5.64%
IBN ICICI Bank3.72%
-- 3.56%
-- 3.48%
-- 3.22%
-- 3.21%
-- 2.98%
-- 2.84%
-- 2.78%