Sectors - Kotak Mahindra Bankassetmanagement.kotak.com/documents/19/4008013/Sectoral...Nifty FMCG...

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Transcript of Sectors - Kotak Mahindra Bankassetmanagement.kotak.com/documents/19/4008013/Sectoral...Nifty FMCG...

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Sectors

Covered

Position Reasoning

Banking & Finance Underweight Balance sheet stress

Oil & Gas Largely Overweight Pricing Reforms

Capital Goods Largely Overweight Demand Growth

Pharma Largely Underweight High Valuations

IT Underweight Weak Earnings

Auto Overweight Demand Growth

Cement Overweight Infrastructure Play

Consumers Largely Underweight Limited Growth Opportunity

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4

5

-2.4

-5.7

1.3

7.4

16.9 17.9

-0.5

-4.9

-1.2

3.0

9.1

12.1

1 mn 3 mn 6 mn 1 yr 3 yr 5 yr

Nifty Bank

Nifty 50

Banking & Finance

Sectoral Allocation

% of Scheme% of

BenchmarkOW/UW in Dec 16

OW/UW in Sept 16

Kotak 50 27.38 31.18 -3.8 -3.55

Kotak Opportunities 24.24 27.6 -3.36 -5.12

Kotak Midcap 21.57 16.08 5.49 4.29

Kotak Select Focus 26.58 28.66 -2.08 -3.68

Kotak Classic Equity 19.21 28.98 -9.77 -6.95

Kotak Taxsaver 26.17 27.6 -1.43 -1.43

Kotak Emerging Equities

20.21 17.84 2.37 -0.79

Source: KPAX (internal application); As on 30th Dec 2016.

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7

8

1.6

6.8

25.0 27.2

11.2 10.0

-0.5

-4.9

-1.2

3.0

9.112.1

1 mn 3 mn 6 mn 1 yr 3 yr 5 yr

S&P BSE Oil &Gas

Nifty 50

Oil & Gas

Sectoral Allocation

% of Scheme% of

BenchmarkOW/UW in Dec 16

OW/UW in Sept 16

Kotak 50 9.03 9.43 -0.4 -0.52

Kotak Opportunities 15.36 8.56 6.8 5.8

Kotak Midcap 4.79 5.22 -0.43 -1.52

Kotak Select Focus 16.04 9.3 6.74 5.27

Kotak Classic Equity 9.95 9.86 0.09 3.67

Kotak Taxsaver 12.74 8.56 4.18 2.44

Kotak Emerging Equities 3.03 4.78 -1.75 -1.59

Source: KPAX (internal application); As on 30th Dec 2016.

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10

11

-2.7

-6.3-8.1

-3.3

10.011.1

-0.5

-4.9

-1.2

3.0

9.1

12.1

1 mn 3 mn 6 mn 1 yr 3 yr 5 yr

S&P BSE CG

Nifty 50

Capital Goods & Engineering

Sectoral Allocation% of Scheme % of Benchmark

OW/UW in Dec 16

OW/UW in Sept 16

Kotak 50 5.09 4.04 1.05 1.98

Kotak Opportunities 6.21 5.06 1.15 0.79

Kotak Midcap 11.79 7.66 4.13 4.45

Kotak Select Focus 6.72 4.46 2.26 1.9

Kotak Classic Equity 0 4.34 -4.34 -3.46

Kotak Taxsaver 9.59 5.06 4.53 3.09

Kotak Emerging Equities 16.25 8.08 8.17 7.3

Source: KPAX (internal application); As on 30th Dec 2016.

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s

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-7.3-10.4

-7.9

-14.2

10.4

17.5

-0.5

-4.9

-1.2

3.0

9.112.1

1 mn 3 mn 6 mn 1 yr 3 yr 5 yr

Nifty Pharma

Nifty 50

Pharma

Sectoral Allocation

% of Scheme% of

BenchmarkOW/UW in

Dec 16OW/UW in

Sept 16

Kotak 50 7.25 6.26 0.99 0.97

Kotak Opportunities 3.89 6.85 -2.96 -2.43

Kotak Midcap 8.58 13.03 -4.45 -3.56

Kotak Select Focus 2.59 7.15 -4.56 -4.34

Kotak Classic Equity 5.09 6.86 -1.77 -5.04

Kotak Taxsaver 4.28 6.85 -2.57 -2.64

Kotak Emerging Equities

7.67 8.46 -0.79 -1.18

Source: KPAX (internal application); As on 30th Dec 2016.

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16

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3.11.0

-6.5 -7.3

3.0

11.1

-0.5

-4.9

-1.2

3.0

9.1

12.1

1 mn 3 mn 6 mn 1 yr 3 yr 5 yr

Nifty IT

Nifty 50

Information Tech

Sectoral Allocation

% of Scheme % of BenchmarkOW/UW in

Dec 16OW/UW in

Sept 16

Kotak 50 12.8 14.45 -1.65 -1.96

Kotak Opportunities 5.61 10.98 -5.37 -2.52

Kotak Midcap 3.55 5.85 -2.3 -2.05

Kotak Select Focus 4.23 11.72 -7.49 -5.66

Kotak Classic Equity 17.18 12.29 4.89 -5.99

Kotak Taxsaver 5.5 10.98 -5.48 -3.42

Kotak Emerging Equities 3.72 4.77 -1.05 -0.8

Source: KPAX (internal application); As on 30th Dec 2016.

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s

20

0.3

-8.8

3.1

10.7

20.0 21.9

-0.5

-4.9

-1.2

3.0

9.112.1

1 mn 3 mn 6 mn 1 yr 3 yr 5 yr

Nifty Auto

Nifty 50

Auto & Auto Ancillary

Sectoral Allocation

% of Scheme% of

BenchmarkOW/UW in

Dec 16OW/UW in

Sept 16

Kotak 50 12.7 11.79 0.91 1.04

Kotak Opportunities 13.58 10.47 3.11 3.04

Kotak Midcap 8.61 7.98 0.63 0.48

Kotak Select Focus 13.06 10.74 2.32 2.48

Kotak Classic Equity 9.24 10.97 -1.73 0.83

Kotak Taxsaver 10.74 10.47 0.27 -0.32

Kotak Emerging Equities

8.06 8.24 -0.18 -0.76

Source: KPAX (internal application); As on 30th Dec 2016.

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-2.9 -2.9-4.7

-2.1

3.15.0

-0.5

-4.9

-1.2

3.0

9.1

12.1

1 mn 3 mn 6 mn 1 yr 3 yr 5 yr

Nifty Infrastructure

Nifty 50

Cement

Sectoral Allocation% of Scheme

% of Benchmark

OW/UW in Dec 16

OW/UW in Sept 16

Kotak 50 5.49 2.99 2.5 3.1Kotak Opportunities 8.73 2.93 5.8 8.38Kotak Midcap 5.38 2.15 3.23 4.05Kotak Select Focus 10.06 2.83 7.23 8.72Kotak Classic Equity 7.25 2.86 4.39 8.36Kotak Taxsaver 9.78 2.93 6.85 7.95Kotak Emerging Equities

3.81 2.42 1.39 1.9

Source: KPAX (internal application); As on 30th Dec 2016.

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1.3

-3.7 -4.0

2.8

6.8

15.2

-0.5

-4.9

-1.2

3.0

9.1

12.1

1 mn 3 mn 6 mn 1 yr 3 yr 5 yr

Nifty FMCG

Nifty 50

FMCG

Sectoral Allocation

% of Scheme % of BenchmarkOW/UW in

Dec 16OW/UW in

Sept 16

Kotak 50 11.07 8.76 2.31 2.02

Kotak Opportunities 5.34 9.92 -4.58 -4.16

Kotak Midcap 5.51 7.71 -2.2 -1.73

Kotak Select Focus 7.05 10.02 -2.97 -2.06

Kotak Classic Equity 7.54 11.04 -3.5 -3.83

Kotak Taxsaver 6.77 9.92 -3.15 -2.92

Kotak Emerging Equities 5.73 7.44 -1.71 -2.71

Source: KPAX (internal application); As on 30th Dec 2016.

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The information contained in this (document) is extracted from different

public sources. All reasonable care has been taken to ensure that the

information contained herein is not misleading or untrue at the time of

publication. This is for the information of the person to whom it is provided

without any liability whatsoever on the part of Kotak Mahindra Asset

Management Co Ltd or any associated companies or any employee

thereof.We are not soliciting any action based on this material and is for

general information only. Mutual Fund investments are subject to

market risks, read all scheme related documents carefully.

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