Kotak Transportation and Logistics Fund

The fund's 1Y SIP XIRR of 10.3% is marginally below the category average of 10.6%, indicating in-line but not standout SIP performance. On a lump-sum basis, it has consistently outperformed the NIFTY 50, with positive alpha across all periods — 12.97% over 1Y and 6.81% over 3Y — despite the benchmark posting negative CAGRs over most windows. Calendar year returns have been uneven, ranging from -3.44% in 2026 to 17.81% in 2025.

The fund carries a beta of roughly 1.09-1.15 versus the NIFTY 50, making it slightly more volatile than the market. Its downside capture of 95.41% combined with upside capture of 109.35% is a favorable asymmetry, meaning it falls less than the benchmark while rising more. The Calmar ratio of 0.7458 over 1Y suggests moderate risk-adjusted efficiency, and two drawdown events exceeding 10% indicate meaningful interim losses are possible.

Detailed holdings data was not provided, so specific top stocks and weights cannot be assessed. As a sectoral/thematic fund focused on transportation and logistics, the portfolio is inherently concentrated in a single sector rather than diversified across industries. Investors should expect performance to be driven largely by the fortunes of this one theme.

The fund's 1Y SIP XIRR of 10.3% trails the category average of 10.6% by a small margin, placing it around the middle of its peer group. Its consistent positive alpha versus the NIFTY 50 across 1Y to 15Y horizons suggests genuine stock-selection skill, though lump-sum CAGRs of 2.82% over 5Y remain modest in absolute terms. Note that sectoral funds' category averages are elevated by strong recent cycles, so like-for-like comparisons are limited to the 1Y XIRR data available.

This fund suits investors with high risk tolerance who want a tactical, satellite allocation to the transportation and logistics theme, not a core portfolio holding. A horizon of at least 5-7 years is advisable given sector cyclicality and the fund's modest long-term lump-sum CAGRs. Investors should be comfortable with concentration risk and drawdowns exceeding 10%.

• Consistent positive alpha versus NIFTY 50 across all measured periods, including 12.97% over 1Y and 6.81% over 3Y
• Favorable capture asymmetry with 109.35% upside capture against only 95.41% downside capture over 3Y and longer
• Reasonable expense ratio of 0.82% for a direct sectoral fund

• 1Y SIP XIRR of 10.3% slightly trails the category average of 10.6%
• High sector concentration typical of thematic funds, with lump-sum CAGR of only 2.82% over 5Y and two drawdown events exceeding 10%