Sector Mutual Funds | Invest In Indian IT Sector | Sectoral Funds India

Kotak Tech
(Open-Ended Equity Scheme)

A Sector scheme, investing in technology oriented companies like IT, Telecom and Media. The scheme follows a bottom-up approach to stock selection. Investors in this fund will need to have a relatively longer investment horizon. This is necessary as any sector has its own peaks and bottoms in a cycle. The fund manager invests with a long-term perspective and therefore it would be reasonable to assume that any sector story yields results over a longer period of time.

April 4, 2000

Rs. 13.29 Crores

Sajit Pisharodi, Anurag Jain

Performance as on 30/11/2008

Portfolio as on 30/11/2008

Allocation Pattern

Dividends in the scheme

Presentation

Application Form

Notices & Addendum

Massive de-leveraging and credit crunch driven by the US and spreading to Europe has led to severe pressure on the BFSI space which is the biggest IT spender. Post US/EU slowdown, the IT companies are now trading at close to all time low valuations on the concerns regarding the uncertainties in the US and EU financial sector. However once the uncertainties recede we expect the companies in those economies to start focusing on cutting costs and that will lead to more outsourcing and thus provide more business opportunities for the Indian IT companies. Many of the Indian IT companies have robust business models with diversification across geographies, verticals & practices. These are good businesses and would continue to outperform and present a very attractive investment opportunity in the long term despite the uncertainties in the near term. In addition to the technology sector the fund can invest in Telecom and Media sectors that are more domestic oriented in terms of business potential and domestic consumption opportunities and these sectors continue to have good earnings visibility. We believe that these three sectors as an aggregate have the potential to generate superior returns over medium to long term.

Click here for Scheme Features

• Investment Objective
To generate capital appreciation from a portfolio of predominantly equity and equity related securities in technology, other technology enabled companies and related sectors as given in the investment strategy.
• Investment Pattern	• Benchmark Index
Equity & Equity related securities : 60% - 100% Debt & Money Market instruments : 0% - 40%	BSE Teck.
• Investment Horizon	• Estimated Recurring Expenses
1 - 3 Years.	2.25%.
• Investment Options	• Dividend Frenquency
Dividend Payout, Dividend Re-Investment.	At the Discretion of Trustees
• Minimum Investment	• Cheques / DD to be drawn in favour of
Initial : Rs. 5000/- Additional : Rs.1000/- Systematic : Rs.1000/-	Kotak Tech
• Minimum Redemption Size	• Payout Schedule
Rs. 1000/- or 100 units	Transaction day + 3 working days
• Cut off for Transactions
3 PM
• Entry Load	• Exit Load
No entry load shall be charged on: i) For "all direct" applications received by AMC i.e. applications received through internet facility offered (www.kotakmutual.com), on application forms that are not routed through any distributor/agent/broker and submitted to AMC office or collection centre / investment service centre. ii) On additional purchases done directly by the investor under the same folio and switch-in to the scheme from other scheme if such transaction is done directly by the investor: iii) Where the purchase amount/switch in amount is equal to or more than Rs. 5 crores iv) Where the switch in is from an Equity/Balanced/Equity FOF Scheme to an Equity/Balanced/Equity FOF Scheme v) Where switch in is from a close ended scheme (excluding Fixed Maturity Plans and Interval Plans) during the pre-defined liquidity window of the scheme as defined in the respective offer documents or on maturity to an Equity/ Balanced/Equity FOF Schemes: vi) Where the switch in is from any other scheme apart from point iv and v above to an Equity/Balanced/Equity FOF Scheme for investments equal to or more than Rs. 5 crores vii) Where investments is made by Fund of Funds as defined under SEBI Regulations viii) Where units are allotted upon reinvestment of Dividends. Cases not covered above:2.25%.	For exit within 1 year from the date allotment of units for investments of less than Rs. 5 crores: 1% For exit on or after 1 year from the date allotment of units for investments of less than Rs. 5 crores: Nil Where investments is made by Fund of Funds as defined under SEBI Regulations: Nil Where units are allotted upon reinvestment of Dividends: Nil Cases not covered above: Nil

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