Kotak Focused Fund
Direct · GrowthAI Summary
Kotak Focused Fund has delivered strong SIP returns, with 3Y XIRR of 17.33% and 5Y XIRR of 17.73%, comfortably outpacing the category average SIP XIRR of 15.77% and 15.5% respectively. Its lump-sum performance also lags only marginally, with 5Y rolling returns averaging 18.91%. Against the NIFTY 50, it has generated consistent positive alpha across horizons, including 7.90% over 3Y and 5.26% over 5Y.
The fund's maximum drawdown is a modest -0.36%, with a 59-day drawdown duration and a 231-day recovery period, indicating contained downside relative to broader turbulence. Downside capture has steadily improved with time horizon, falling from 95.82% over 1Y to 87.31% over 15Y, while upside capture remains at or above 93%. Calmar ratios of roughly 0.51 to 0.55 across horizons reflect reasonable risk-adjusted return delivery.
This is a focused equity fund, meaning it holds a concentrated portfolio of a limited number of high-conviction stocks (typically up to 30). Specific top holdings and sector allocation data were not provided in this dataset, so investors should verify current concentration and sector mix before investing. Concentration itself can amplify both outperformance and short-term volatility depending on stock selection.
The fund beats the category average SIP XIRR at every reported horizon, including 16.0% versus 15.05% over 7Y, showing sustained competitive positioning among Focused Fund peers. Calendar year returns show solid consistency, with positive returns in most years since 2019 including 35.72% in 2021 and 24.26% in 2023. The lone weak reading is 2026 at -4.63%, which also matches its current 1Y drawdown phase.
This fund suits investors seeking concentrated, benchmark-beating equity exposure with a moderate-to-high risk appetite and a horizon of at least 5 years to allow the fund's alpha to compound. It is appropriate for SIP investors who value downside containment, given its sub-90% downside capture over longer periods. Investors uncomfortable with focused portfolio concentration should consider diversified large-cap alternatives instead.
- 5Y SIP XIRR of 17.73% exceeds the category average of 15.5% by over 2 percentage points
- Consistent positive alpha versus NIFTY 50 across all measured horizons, from 2.27% (15Y) to 9.66% (1Y)
- Strong long-term downside capture of 87.31% over 15Y paired with upside capture around 93-94%, indicating favorable asymmetry
- Current performance is soft, with 2026 calendar return of -4.63% and a 1Y benchmark CAGR comparison showing the fund down 2.93%
- As a focused fund, the concentrated portfolio carries higher single-stock and sector concentration risk than diversified peers
- No specific holdings or sector data was provided, so investors must independently verify portfolio composition before committing
Generated on 01-11-2026, 3:01 AM. Verify before investing.
Gives more importance to longer time periods (10Y, 20Y) than shorter ones (1Y, 3Y). This balances out recent outperformance and gives a more realistic picture of what long-term returns might look like.
The largest peak-to-trough decline in the fund's NAV. Shows the worst-case loss an investor would have experienced at any point in the fund's history.
If you invested ₹1,00,000 every month via SIP, here's how this fund has historically performed across different time horizons.
| Duration | Invested | Median Value | XIRR | Min XIRR | Max XIRR |
|---|---|---|---|---|---|
| 1 Year | ₹12.00 L | ₹12.86 L | 20.9% | -21.6% | 92.7% |
| 3 Years | ₹36.00 L | ₹45.94 L | 17.3% | 3.5% | 30.3% |
| 5 Years | ₹60.00 L | ₹91.25 L | 17.8% | 9.8% | 26.8% |
| 7 Years | ₹84.00 L | ₹1.49 Cr | 16.0% | 13.3% | 17.3% |
SIP returns vs benchmark & category
Annualised SIP return (XIRR) over each rolling horizon — like-for-like, not lump-sum.
| Duration | Fund SIP XIRR | NIFTY 50 | Category avg | Fund edge |
|---|---|---|---|---|
| 1 Year | 20.9% | 14.3% | 11.1% | +6.6% |
| 3 Years | 17.3% | 11.0% | 15.8% | +6.3% |
| 5 Years | 17.8% | 10.4% | 15.5% | +7.5% |
| 7 Years | 16.0% | 10.6% | 15.1% | +5.4% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 20.1% | 13.7% | -4.9% | 92.8% | 0.74 | 5.69 | 96% | — | — |
| 3 Years | 18.7% | 18.5% | 10.7% | 32.3% | 3.62 | — | 100% | — | — |
| 5 Years | 18.9% | 19.2% | 9.8% | 27.9% | 3.16 | — | 100% | — | — |
Calmar Ratio by Duration
Compared against NIFTY 50
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | +9.66 | 1.03 | 108.5% | 95.8% | -2.9% | -12.0% |
| 3 Years | +7.90 | 1.01 | 104.2% | 94.8% | 14.1% | 6.2% |
| 5 Years | +5.26 | 0.97 | 98.5% | 91.9% | 10.7% | 5.3% |
| 7 Years | +5.50 | 0.91 | 94.3% | 88.4% | 15.2% | 10.0% |
| 10 Years | +3.81 | 0.91 | 93.5% | 87.3% | 11.1% | 7.4% |
| 12 Years | +3.02 | 0.91 | 93.5% | 87.3% | 9.2% | 6.1% |
| 15 Years | +2.27 | 0.91 | 93.5% | 87.3% | 7.3% | 4.8% |