Kotak India Equity Fund Class A (INAAX)
| Fund Assets | 388.73M |
| Expense Ratio | 1.28% |
| Min. Investment | $2,500 |
| Turnover | 75.00% |
| Dividend (ttm) | 2.66 |
| Dividend Yield | 15.45% |
| Dividend Growth | 250.24% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 10, 2024 |
| Previous Close | 16.68 |
| YTD Return | 1.28% |
| 1-Year Return | -3.19% |
| 5-Year Return | 75.62% |
| 52-Week Low | 14.73 |
| 52-Week High | 20.85 |
| Beta (5Y) | n/a |
| Holdings | 42 |
| Inception Date | Jun 12, 2018 |
About INAAX
The ALPS/Kotak India ESG Fund Class A is a mutual fund dedicated to achieving long-term capital appreciation by investing primarily in Indian companies that meet rigorous environmental, social, and governance (ESG) criteria. The fund allocates at least 80% of its net assets to equity and equity-linked securities of Indian firms, ensuring a strong focus on sustainability and responsible business practices. Its investment universe spans multiple sectors, with significant allocations to leading Indian corporations in energy, financial services, technology, industrials, and consumer cyclical industries—names like Reliance Industries, ICICI Bank, and Infosys frequently feature among its largest holdings. Managed by experienced professionals with deep expertise in Indian equity markets, the fund is benchmarked against the MSCI India Index and classifies as a large growth India equity product. By embodying ESG principles alongside broad-based sector exposure, the ALPS/Kotak India ESG Fund Class A plays a pivotal role for investors seeking to align capital with sustainability goals in one of the world’s fastest-growing major economies.
Performance
INAAX had a total return of -3.19% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.01%.
Top 10 Holdings
46.65% of assets| Name | Symbol | Weight |
|---|---|---|
| ICICI Bank Limited | IBN | 7.26% |
| Reliance Industries Limited | RELIANCE | 6.48% |
| HDFC Bank Limited | HDFCBANK | 6.00% |
| Bajaj Finance Limited | BAJFINANCE | 4.28% |
| Bharti Airtel Limited | BHARTIARTL | 4.27% |
| Cognizant Technology Solutions Corporation | CTSH | 4.00% |
| Eternal Limited | ETERNAL | 3.93% |
| InterGlobe Aviation Limited | INDIGO | 3.64% |
| Mahindra & Mahindra Limited | M&M | 3.47% |
| UltraTech Cement Limited | ULTRACEMCO | 3.31% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 10, 2024 | $2.6625 | Dec 11, 2024 |
| Dec 7, 2023 | $0.76019 | Dec 8, 2023 |
| Dec 8, 2022 | $0.25261 | Dec 9, 2022 |
| Dec 9, 2021 | $0.98341 | Dec 10, 2021 |
| Dec 9, 2019 | $0.16915 | Dec 10, 2019 |
| Dec 7, 2018 | $0.79677 | Dec 10, 2018 |