Value Research

w w w. v a l u e r e s e a r c h o n l i n e . c o m

Fundcard

Kotak Classic Equity

Value Research Fund Rating as on Aug 31, 2014

Open-ended and Equity: Large & Mid Cap

Risk Grade – Below Average

Return Grade – Average

NAV – Rs. 32.38 as on Sep 17, 2014

Net Assets* – Rs. 101.2 crore as on Jun 30, 2014

* Quarterly Average

The contents of this Value Research Fund Card (the "Fund Card") published by Value Research India Private Limited are not intended to serve as professional advice
or guidance and the publisher takes no responsibility or liability, express or implied, whatsoever for any investment decisions made or taken by the readers of this
Fund Card based on its contents thereof. You are strongly advised to verify the contents before taking any investment or other decision based on the contents of this
Fund Card. The Fund Card is meant for general reading purposes only and is not meant to serve as a professional guide for investors. The readers of this Fund Card
should exercise due caution and/or seek independent professional advice before entering into any commercial or business relationship or making any investment deci-
sion or entering into any financial obligation based on any information, statement or opinion which is contained, provided or expressed in this Fund Card.
The Fund Card contains information, statements, opinions, statistics and materials that have been obtained from sources believed to be reliable and the publishers
of the Fund Card have made best efforts to avoid any errors and omissions, however the publishers of this Fund Card make no guarantees and warranties whatso-
ever, express or implied, regarding the timeliness, completeness, accuracy, adequacy, fullness, functionality and/or reliability of the information, statistics, statements,
opinions and materials contained and/or expressed in this Fund Card or of the results obtained, direct or consequential, from the use of such information, statistics,
statements, opinions and materials. The publishers of this Fund Card do not certify and/or endorse any opinions contained, provided, published or expressed in this
Fund Card. All disputes shall be subject to the jurisdiction of Delhi courts only.
Kotak Classic Equity
Rating: Fund Performance Vs CNX Nifty
Risk: Below Average
Return: Average

Fund
CNX Nifty
(Rebased to 10,000)

History 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
NAV (Rs) - 11.66 14.70 22.32 10.99 19.83 22.93 17.47 23.27 25.00 32.38
Total Return (%) - - 26.05 51.79 -50.73 80.38 15.62 -23.81 33.20 7.44 29.50
+/- CNX Nifty - - -13.78 -2.98 1.06 4.62 -2.33 0.81 5.50 0.68 2.99
+/- CNX 500 - - -7.94 -10.72 6.40 -8.19 1.49 3.38 1.36 3.83 -1.58
Rank (Fund/Category) - - 22/37 33/41 8/47 40/48 42/59 22/44 19/73 24/74 106/130
52 Week High (Rs) - - 15.71 22.32 23.39 19.83 24.82 22.97 23.27 25.13 33.12
52 Week Low (Rs) - - 9.91 13.19 9.88 9.74 18.65 17.23 17.50 21.23 24.51
Net Assets (Rs.Cr) - 401.90 163.99 145.27 61.05 95.81 85.30 57.13 74.81 89.66 90.41
Expense Ratio (%) - 2.16 2.30 2.45 2.50 2.50 2.50 2.50 2.50 2.96 -

Top Holdings Quarterly Returns (%)

Company Sector P/E YTD % Assets Q1 Q2 Q3 Q4 Year

ICICI Bank Financial 17.40 39.21 7.90 2014 7.27 16.59 - - -

Infosys Technology 18.60 7.31 5.12 2013 -1.50 -0.69 0.15 9.68 7.44
HDFC Bank Financial 23.00 27.13 4.75 2012 18.08 0.20 9.20 3.10 33.20
ITC FMCG 31.10 10.31 4.39 2011 -8.54 -2.05 -10.42 -5.07 -23.81
Larsen & Toubro Diversified 24.20 42.13 4.26 2010 2.14 4.48 11.96 -3.24 15.62
Tata Consultancy Services Technology 25.20 19.23 3.43
Tech Mahindra Technology 21.90 32.07 3.07 Trailing Returns (%)
Amara Raja Batteries Engineering 28.10 84.03 2.74 Return Rank SIP
17.40 Fund Category Fund/Cat CNX Nifty Return
State Bank of India Financial 45.12 2.49
Sun Pharmaceutical Inds. Healthcare 542.10 39.55 2.48 Year-to-Date 29.50 35.21 106/130 26.51 -
Reliance Industries Energy 14.30 10.42 2.29 3-Month 4.35 7.48 121/132 4.50 26.84
ONGC Energy 15.30 41.44 2.23 6-Month 25.54 31.96 117/130 22.62 43.11
Maruti Suzuki India Automobile 30.80 68.58 2.23 1-Year 40.55 51.29 114/130 36.33 44.92
Lupin Healthcare 20.90 50.25 2.17 2-Year 22.31 24.12 47/70 19.23 29.57
Mahindra & Mahindra Automobile 23.20 46.53 2.14 3-Year 19.63 18.90 31/67 16.28 25.02
Indraprastha Gas Services 15.10 55.63 2.11 5-Year 12.34 12.82 43/63 9.93 16.06
HDFC Financial 28.40 27.80 2.05 7-Year 10.00 10.22 27/46 8.53 15.06
Federal Bank Financial 11.00 45.48 2.04 10-Year - - - - -
The Ramco Cements Construction 71.70 66.08 2.01 Return less than 1-year are absolute and over 1 year are annualised
Hindustan Zinc Metals 10.10 23.82 1.91
Axis Bank Financial 14.50 53.25 1.84 Top 10 Sector Weights (%) Risk Analysis
Ambuja Cements Construction 23.00 14.47 1.57 Volatility Measurements
Fund CNX Nifty
NMDC Metals 10.30 23.57 1.52
Financial 26.95 28.59 Standard Deviation 14.77
Yes Bank Financial 14.70 58.38 1.32
Ashok Leyland Automobile 89.60 125.58 1.28 Technology 12.49 15.63 Sharpe Ratio 0.83
Energy 10.81 14.75 Beta 0.83
FUND STYLE Healthcare 7.80 5.92 R-Squared 0.90
Portfolio Characteristics Investment Style Automobile 7.42 9.61 Alpha 3.88
Growth Blend Value
Total Stocks 64 Metals 5.88 4.12
Large Medium Small

Avg Mkt Cap (Rs.Cr) Composition (%)

Capitalisation

57228 Diversified 5.15 5.45

Portfolio P/B Ratio 2.74 FMCG 4.81 9.77 Equity 96.06
Portfolio P/E Ratio 18.17 Construction 4.41 2.38 Debt 6.07
3Y Earnings Growth (%) 11.98 Services 3.89 - Cash -2.13
Returns as on September 17, 2014, Portfolio related data as on August 31, 2014

Value Research
w w w. v a l u e r e s e a r c h o n l i n e . c o m
Best Performance Value Research Analysis Fund Objective & Strategy
YEAR 102.90%
Analysis not available The scheme aims to generate
capital appreciation from a
diversified portfolio of equity
and equity related
instruments. It will invest in
stocks of companies, which
are fundamentally sound but
QUARTER 66.72%
are undervalued.

MONTH 29.66%

Portfolio Manager

Emmanuel Elango
Worst Performance Since Aug 2008

YEAR -54.12%

QUARTER -33.84%

MONTH -34.64%
Investment Information

AMC : Kotak Mahindra Asset Management Company Ltd Min Investment (Rs.) : 5000
Website : www.kotakmutual.com Min SIP Investment (Rs.) : 1000
Registrar : Computer Age Management Services Ltd. Exit Load : 1% for redemption within 365 days
Launch : July 2005
Benchmark : CNX 500
All the graphs are rebased to 10,000 Plans (NAV) : Dividend (17.94) , Growth (32.38)

NAV CNX Nifty

Value Research
w w w. v a l u e r e s e a r c h o n l i n e . c o m
How to Read the Fundcard - Equity

Value Research Rating, Risk and Return

z Fund Rating — The Value Research Fund Rating is a 1 to 5 star rating that is based on the returns that an equity fund has generated over the pre-
vious three and five years, while taking into account the risks that the fund has taken. This rating is relative to other fund of the same type.
z Risk Grade — A five-step grading of the riskiness of a fund, based on the losses it has suffered during the past five years. This grade is relative to
other fund of the same type.
z Returns Grade — A five-step grading of the returns of a fund. This grade is relative to other fund of the same type.

History
Fund Performance Vs Index
Data on the fund’s performance Birla Sun Life Frontline Equity Fund
since its launch. Graph of how an investors’ money
Rating:  Fund Performance Vs S&P CNX Nifty
z NAV (Year End) — The last Risk: Low 90000
would have grown in the fund since
NAV of each year. Return: Above Average its launch. A similar graph of the
70000
z Total Return — The percent- Fund
fund’s benchmark index is also
age returns that an investor S&P CNX Nifty
50000
given. For ease of comparison,
would have got over the (Rebased to 10,000) 30000 both have been adjusted to start at
year. 10000
10,000.
z +/- — In the given year, a History 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008

comparison of the fund’s NAV (Rs) - - - - 10.33 19.71 23.94 33.94 50.13 81.34 41.89
Total Return (%) - - - - - 90.80 21.46 41.77 47.70 62.26 -48.50
returns with that of two stock +/-S&P CNX Nifty (%) - - - - - 18.90 10.78 5.43 7.87 7.49 3.29
market indices +/-BSE 200 (%) - - - - - -3.67 5.77 7.97 8.12 1.82 7.96
Rank (Fund/Category) - - - - - 54/70 50/79 65/101 27/145 71/162 34/192
z Rank — The fund’s perform- 52 Week High (Rs) - - - - 10.33 19.71 23.94 33.94 50.76 81.46 83.52
ance rank within its category 52 Week Low (Rs) - - - - 8.84 9.91 16.36 22.34 32.26 46.06 36.49

for the year and the total Net Assets (Rs.Cr)

Expense Ratio (%)
-
-
-
-
-
-
-
-
51.40
2.49
15.15
2.50
9.11
2.50
140.54
2.50
124.74
2.50
374.84
2.35
343.03
2.31
number of funds out of Top Holdings Quarterly Returns (%) Quarterly Returns (%)
which it has been ranked. Company Sector P/E 2008 Ret % Assets Q1 Q2 Q3 Q4 Year

z 52-Week NAV Range — The Bharti Airtel Communication 18.56 -28.10 6.49 2008 -24.24 -14.18 -2.23 -18.97 -48.50 The funds’ returns over each quar-
highest and the lowest NAV
Reliance Industries
ONGC
Energy
Energy
11.50
8.31
-57.30
-46.00
5.42
4.50
2007
2006
-1.42
19.42
14.53
-7.25
16.01
19.39
23.88
11.70
62.26
47.70
ter of the last five years, along with
that the fund recorded dur- HDFC Bank Financial 20.67 -42.26 3.93 2005 -0.04 6.52 23.26 8.02 41.77 the entire year’s returns.
HDFC Financial 17.10 -48.21 3.51 2004 0.71 -13.50 15.08 21.15 21.46
ing that year Satyam Computer Services Technology 7.86 -62.12 3.16
Trailing Returns (%)
z Net Assets — The total
ITC FMCG 21.00 -18.47 2.72
Axis Bank Financial 10.42 -47.82 2.70 Return Rank S&P SIP
amount of investor’s assets Infosys Technologies Technology 14.29 -36.79 2.64 Fund Category Fund/Cat CNX Nifty Return
United Spirits FMCG 23.26 -55.48 2.34
that the fund was managing
Year-to-Date -48.50 -55.29 34/192 -51.79 -40.18
ICICI Bank Financial 9.49 -63.62 2.26 3-Month -18.97 -22.88 41/213 -24.53 -0.86
at the end of the year. Dr. Reddy's Lab
State Bank of India
Health Care
Financial
13.61
9.39
-36.12
-45.67
2.19
2.13
6-Month -20.78 -27.09 38/209 -26.76 -33.43
Trailing Returns (%)
1-Year -48.50 -55.29 34/192 -51.79 -40.18
z Expense Ratio — The per- Crompton Greaves Engineering 12.29 -65.84 2.12 2-Year -8.59 -16.06 22/158 -13.63 -24.19

centage of the average daily

Indian Oil Energy -- -46.33 1.95 3-Year 7.27 -1.39 12/134 1.42 -9.43 Performance data for various stan-
Cipla Health Care 22.87 -12.09 1.70
assets that the fund charged Sterlite Industries Metals 11.81 -74.80 1.61
5-Year
7-Year
16.27 12.91
- -
19/67
-
9.50
-
9.90
-
dard periods. All returns are in per-
as its management expens-
Reliance Communications
Jindal Steel & Power
Communication
Metals
22.87
7.07
-69.56
-70.31
1.51
1.46
10-Year - - - - - centage. Periods greater than a
Return less than 1-year are absolute and over 1 year are annualised
es during the year. Larsen & Toubro Diversified 17.65 -62.88 1.43
Top 10 Sector Weights (%) Risk Analysis year are annualised, shorter peri-
ods are not.
Zee Entertainment Services 16.01 -57.45 1.41
CESC Energy 6.21 -62.11 1.37 Fund Nifty Volatility Measurements
Tata Consultancy Services Technology 12.79 -55.87 1.36 Financial 16.24 11.90 Standard Deviation 28.32 z Fund — The fund’s own
ING Vysya Bank Financial 8.89 -50.78 1.35 Energy 14.67 37.49
Nestle India FMCG 26.11 -3.14 1.23 Communication 8.00 11.34
Sharpe Ratio
Beta
0.21
0.88
returns.
Top Holdings Portfolio Characteristics FUND STYLE
Technology
FMCG
7.16
6.29
10.95
6.85
R-Squared 0.96 z Category — The average
Investment Style
Growth Blend Value Health Care 5.00 2.74
Alpha 4.77
returns for all funds in the cate-
A detailed report on the latest Total Stocks 39
Engineering 4.01 5.26
gory.
Large Medium Small

Avg Mkt Cap (Rs.Cr) 28180 Composition (%)

Capitalisation

investment portfolio that the fund Portfolio P/B Ratio 3.03

Metals 3.07 4.43
Equity 71.37
Services 2.93 0.28
z Rank — The funds rank, out of
is holding. For each company, Portfolio P/E Ratio 13.70 Diversified 1.43 2.97 Debt 18.46
3Y Earnings Growth (%) 9.80 Cash 10.17 the total number of funds in the
the sector, the P/E ratio, and the Returns as on 31st December 2008, Portfolio related data as on 30th November 2008
category
year’s returns are given. Also
z Index — The returns of the
stated is the percentage of the
fund’s benchmark index.
fund’s investments that are
z SIP Return (Annualised) —
invested in that company.
The return that an investor
would have made by investing
in the fund’s monthly systemat-
Portfolio Characterstics Fund Style Top 10 Sector Composition (%) ic investment plan over the
Weights (%) period.
Aggregate measures regarding A nine-cell matrix of the overall style The proportion of
the fund’s investments. The mar- of investment that the fund follows, The percentage of the fund’s holdings
ket capitalisation, P/B ratio and based on its latest portfolio. On the the equity invest- that are held in
P/E ratio are weighted averages vertical axis, the three steps denote ments of the fund each of the three
of the latest numbers of the com- the weighted average market capital- that fall under each basic types of
panies that the fund is invested isation of the fund’s investments. The sector of the econo- assets. Risk Analysis
in. Three Year Earnings Growth horizontal axis denotes, on a weight- my. The top 15 sec-
is the weighted average of the ed average basis, whether the com- tors for each fund A range of statistical measures that
compounded average growth in panies that the fund has invested in are given. can be used to evaluate the per-
the net profits of each company. are value stocks, growth stocks, or a formance, risk, and return of a
blend of the two. mutual fund.