Past positions: With Kotak AMC since January 2007. Has worked in various capacities with the Kotak group since 1997.
Investment mantra: Look at the right business and management.
Best call over the past few months: Have been strong on infrastructure, banking, financial services, capital goods and metals.
Worst call over the past few months: Our exposure to telecom hasn't paid that well.
Top picks right now: Tata Power, Axis Bank, State Bank of India and Larsen & Toubro.
Advice to small investors: Do not make impulsive entries and exits from the market.
Worst mistake small investors make: Firstly, investing without a clear investment idea. Investors are also swayed by market movements and do not spend enough time to make the most of it.
KOTAK 30 | |||
PORTFOLIO COMPOSITION | |||
Top 5 holdings | % of corpus | ||
| Reliance Industries | 7.9 | ||
| State Bank of India | 5.4 | ||
| Aditya Birla Nuvo | 4.2 | ||
| Larsen & Toubro | 4.01 | ||
| ICICI Bank | 3.96 | ||
SECTORAL BREAKUP | |||
| Banks | 19.6 | ||
| Refineries | 10.0 | ||
| Construction | 8.3 | ||
| Telecom | 6.5 | ||
| Electric equipment | 6.1 | ||
PERFORMANCE | |||
| Period | Fund (%) | Category (%) | Benchmark (CNX Nifty) |
| 6 months | 45.95 | 36.12 | 37.79 |
| 1 year | 65.82 | 52.77 | 52.81 |
| 3 years | 56.42 | 49.52 | 47.58 |
| As on January 14, 2008 | Category: Equity diversified | Source: NAVIndia | |||
| AUM of Kotak 30 Fund: Rs 660 crore. All figures as on December 31, 2007 | |||
By Krishna Sanghavi, Vice-President—Equities, Kotak Mahindra Mutual Fund
