SIP Performance – Kotak Small-Cap Fund – Direct Plan.

SIP Performance – Kotak Small-Cap Fund – Direct Plan.
by 5paisa Research Team 07/10/2021

Kotak Small-cap fund is one of the highly-rated equity funds within the category and has outperformed its benchmark since inception and on 1, 3, 5-year period.

Systematic Investment Plan (SIP) through this option, an investor can invest a sum of money of at least Rs 500 periodically, monthly or quarterly. Such plans are generally suitable for small and moderate-income level individuals as it allows to invest with small amounts. This encourages youngsters i.e., individuals who start their journey of earnings to invest right from a young age. This enables the creation of a large corpus if investors invest for a longer time.

Mutual funds offer various types of schemes such as equity-oriented, debt-oriented, hybrid and other schemes. These schemes are further divided into various categories. Kotak Small-Cap Fund is an open-ended small-cap fund.

Let’s look at the SIP performance of Kotak Small-Cap Fund which invests majority of its corpus in 251st company onwards in terms of full market capitalization. This fund is outperforming its benchmark in 1, 3, 5-year periods and since inception it is outperforming the benchmark i.e. NIFTY Small cap 100 TRI. It is the highest-rated fund within its category. If you had invested just Rs 1,000 every month i.e. Rs 12,000 p.a. from October 1, 2018, till the present date i.e. October 7, 2021, then your worth of investment would have been ₹77,846 as against the amount invested of ₹37,000.

Now the question arises, what rate of return the above investment delivers? Let’s look at the same:

 

As you can see, in the above calculation if you had invested Rs 1,000 every month for three years you would have received a 46.00% return.

Following table depicts the performance of the fund over its benchmark as of October 6, 2021:

 
 

Let’s look at the top 5 holdings of Kotak Small-Cap Fund – Direct Plan:

Company  

% Assets

Carborundum Universal  

4.47  

Century Plyboards (India)  

4.46  

Sheela Foam  

3.52  

Galaxy Surfactants  

3.32  

Persistent Systems  

3.18  

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Vakrangee to launch P2P lending platform by partnering with LenDenClub.

Vakrangee to launch P2P lending platform by partnering with LenDenClub.
by 5paisa Research Team 07/10/2021

Under this tie-up, Vakrangee, through its BharatEasy mobile application and Nextgen Kendras, will now offer lending and borrowing platforms in the remotest parts of the country.

Vakrangee has announced that it has tied up with LendDenClub to provide borrowing and investing options to its customers. This integration will help customers of Vakrangee to invest and borrow through LenDenClub smoothly. Under this tie-up, Vakrangee, through its BharatEasy mobile application and Nextgen Kendras, will now offer lending and borrowing platforms in the remotest parts of the country.

LenDenClub is the largest peer-to-peer platform in India, having disbursed more than Rs 1000 crore worth of loans. They currently enjoy a user base of 20 lakh borrowers and disburses on an average of 4.5 lakh loans annually. With a registered base of 8 lakh investors, LenDenClub enjoys more than 50% market share in the fresh loan disbursements in the Indian P2P market. It aims to foster financial inclusion by leveraging technology to support borrowers with hassle-free loans while providing a new-age investment option for investors.

The company has said in a filing with the exchange that, “Borrowers will get hassle-free Instant digital loans, even in the remotest parts of the country. It is one of those rare lending platforms to offer loans across 19,000+ pin codes across the country, higher than some banks. Additionally, the customers will get an excellent alternative investment opportunity on its P2P investment platform and earn attractive interest income.”

With 70% of Nextgen Vakrangee Kendra outlets in Tier-5 and Tier-6 towns, the company will furnish borrowing to the community in the unserved parts of the nation.

Incorporated in 1990, Vakrangee is a unique technology-driven company focused on building India's largest network of last-mile retail outlets to deliver real-time banking and financial services, ATM, insurance, e-governance, e-commerce, and logistics services to the unserved rural, semi-urban, and urban markets. The Assisted Digital Convenience stores are called as “Vakrangee Kendra” which acts as the ‘one-stop shop’ for availing various services and products. Vakrangee currently has close to 11,900 Nextgen Vakrangee Kendras spread across 27 States and UTs, more than 520 districts and 4,620 postal codes.

On Thursday, October 7, 2021, the share price of Vakrangee closed at Rs 41.15 per share, up by 1.35% on BSE.

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Closing Bell: Indian Market rebounds; Sensex ends higher by 488 points, Nifty hovers on 17,790 level.

Closing Bell: Indian Market rebounds; Sensex ends higher by 488 points, Nifty hovers on 17,790 level.
by 5paisa Research Team 07/10/2021

At the closing bell, the Sensex ended 488 points or 0.8% higher at 59,677.8 and the broader Nifty 50 benchmark was up by 144.4 points or 0.8% to settle at 17,790.4.

Domestic equity benchmarks Sensex and Nifty 50 started Thursday's session on a strong note tracking gains across global markets. Investors showed keen buying interest across sectors which was led by auto, metal, financial, and consumer durable shares. Gains witnessed in broader markets also aided investor sentiment, with the midcap and smallcap indices up 1.1% and 1.3% respectively in early trade.

At the closing bell, the Sensex ended 488 points or 0.8% higher at 59,677.8 and the broader Nifty 50 benchmark was up by 144.4 points or 0.8% to settle at 17,790.4. Around 2096 shares have advanced, whereas 1023 shares declined, and 119 shares remain unchanged.

On the sectoral front, all the indices ended the trading session in green, except BSE Telecom and BSE Oil & Gas. BSE Realty, BSE Consumer Durables and BSE Auto have rallied up to 6.03% in Thursday's trading session.

Among the top gainers on October 7, 2021, were Tata Motors, Titan Company, M&M, Eicher Motors and Maruti Suzuki.

Tata Motors today, surged to their highest levels in nearly four years after Morgan Stanley Research upgraded the stock on expectations of encouraging annual earnings from the Jaguar Land Rover parent.

The brokerage increased its rating on Tata Motors to overweight from equal-weight maintained since 2017. It expected the automaker's India business to post a full-year profit after eight years of losses.

The other big gainer on Thursday was Titan which rallied over 10% to hit a record high of Rs 2,384.25. This movement was triggered after the company informed exchanges that it witnessed a strong recovery in demand after the second wave across its consumer businesses with sales moving swiftly above or close to pre-pandemic levels in most of the divisions.

Tomorrow is the RBI's scheduled policy review.

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These penny stocks were locked in the Upper Circuit on Thursday.

These penny stocks were locked in the Upper Circuit on Thursday.
by 5paisa Research Team 07/10/2021

Penny stocks are the ones that trade below Rs 10 per share and have low market capitalization. With a risk-on mood in the markets on Thursday, several penny stocks were seen outperforming the markets.

Nifty opened with a 'gap-up' and then inched up till about 1.15 pm when it made an intraday high. Some profit-taking post that level was seen. At close, Nifty was up 0.82% or 144.3 points at 17790 levels. To summarize, about 2096 shares advanced, 1023 shares declined, and 119 shares remained unchanged. Tata Motors, Titan Company, M&M, Maruti Suzuki and Eicher Motors were the top gainers on Nifty.

Realty, Consumer Durables and Auto indices gained the most while Oil & Gas and Telecom were the two indices that ended in the negative. The volumes were on the higher side on Thursday which is a good sign.

The commencement of the festive season boosted activity in textiles, consumer durables and real estate stocks. Meanwhile, despite the global semiconductor shortage, auto stocks witnessed a rally in hopes of demand revival during the festive season. Ahead of earnings starting from Friday, the IT index also lent good support.

For the next trading session, the markets are likely to be glued to the outcome of the MPC’s monetary policy review meet and the result of the IT major TCS which is scheduled on Friday.

Participating in the rally of the markets, the penny stocks also attracted the investors by gaining up to 8.7%. Some of the penny stocks are locked in the upper circuit.

Here is the list of penny stocks that gained up to 8% with a spurt in volume on a closing basis on Thursday:

Sr No  

Stocks  

LTP  

Price Gain (%)  

Siti Networks  

2.3 

4.55 

JD Power  

4.35 

2.35 

Sintex Plastics Technology  

5.8 

4.5 

Lloyds Steels  

3.95 

3.95 

Orient Green Power  

3.75 

8.7 

 

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Low Priced Stocks: These trending small caps made a fresh 52-week high on Thursday, October 7.

Low Priced Stocks: These trending small caps made a fresh 52-week high on Thursday, October 7.
by 5paisa Research Team 07/10/2021

Several small-cap stocks were seen making fresh 52-weeks high after gaining up to 20% on Thursday, October 7.

As the markets scale new highs, the participation from across the sectors is helping improve the market sentiment.

The broader markets were seen outperforming the frontline indices on Thursday with the BSE Midcap index gaining 1.68% when BSE Sensex was up by 0.82%.

Sona BLW Precision Forgings was the top BSE Midcap index gainer, up by more than 12% on Thursday while the likes of Page Industries and Oberoi Realty gained 10%.

The advance-decline ratio remained in favour of the advances on a day when the volumes traded was above average.

Titan's mammoth gains pushed the BSE Consumer Durables index higher by 6%. BSE Realty index was the top sectoral gainer on Thursday, gaining by more than 6% and helped by Sobha Developers which was up by 17%.

The surprise performance came from the auto pack with Tata Motors leading the way after skyrocketing by more than 12%. BSE Auto index jumped higher by 4.40% on Thursday. M&M and Motherson Sumi gained by more than 5% while Ashok Leyland jumped higher by 4.5%.

BSE SmallCap index was up by 1.38% on Thursday. A day dominated by bulls saw as many as 346 stocks make fresh 52-weeks high, while 429 stocks were seen locked in the upper circuit.

Several small-cap stocks were seen making fresh 52-weeks high after gaining up to 20% in Thursday's trading session.

These trending Low priced SmallCap Stocks made fresh 52-weeks high on Thursday, October 7:

Sr No  

Stocks  

LTP  

Price Gain (%)  

Aban Offshore  

54.95 

19.98 

KECL  

23.75 

19.95 

The Byke Hospitality  

38.85 

18.09 

Vascon Engineering  

30.25 

10 

Surana Solar  

16.7 

9.87 

Lagnam Syntex  

57.9 

7.72 

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Chart Busters: Top trading set-ups to watch out for on Friday.

Chart Busters: Top trading set-ups to watch out for on Friday.
by 5paisa Research Team 08/10/2021

On the weekly expiry day, the benchmark index Nifty was traded in a narrow range of 94 points, which is the lowest trading range in the last 9 trading sessions. The broader market has outperformed benchmark indices on Thursday. The Nifty Midcap 100 index has marked a fresh all time high of 31365.65 level. The advance-decline ratio was in the favour of advancers.

Here are the top trading set-ups to watch out for Friday.

Mishra Dhatu Nigam: Considering the weekly chart, the stock is oscillating in the range of Rs 237-Rs 172.80 level. The zone of Rs 172.80-Rs 176 is acting as a strong support zone for the stock. The stock has taken support in the same zone three times. Recently, the stock has formed Doji candle near the support zone on the weekly chart and thereafter witnessed higher bottom. On Thursday, the stock has given a breakout of a downward sloping trendline resistance on the daily chart. This breakout was confirmed by robust volume. Along with this breakout, the stock has surged above its crucial 200-Day EMA level, which is a bullish sign. The short-term moving averages, i.e. 13-day EMA and 20-day EMA is in a rising trajectory. The leading indicator, 14-period daily RSI has surged above the 60 mark for the first time after 74 trading sessions. The RSI is in rising mode and it is trading above its 9-day average. The momentum indicator MACD line has crossed above the signal line, which resulted in the histogram turning positive. Hence, we would advise the traders to be with a bullish bias. On the downside, the zone of Rs 189-Rs 186 is likely to act as crucial support for the stock. While on the upside, the level of Rs 206, followed by Rs 216 level may act as immediate resistance for the stock.

Shankara Building Products: After registering the high of Rs 648.80, the stock has witnessed minor correction along with low volume. The correction is halted near the 20-day EMA level. The stock has formed a strong base near the 20-day EMA level and on Thursday, it has given five days consolidation breakout on the daily chart. This breakout was supported by above 50-days average volume. Currently, the stock is trading above its short and long-term moving averages. These averages are in a rising trajectory, which is a bullish sign. A daily momentum indicator RSI reading is above 60 level with a positive crossover which points out a positive breath in the stock. The MACD stays bullish as it is trading above its zero line and signal line. On the daily timeframe, ADX is above 22 level, which suggests that the trend is yet to be developed. Directional indicators continue in the ‘buy’ mode as +DI continues above –DI. Based on the above observations, we expect the stock to continue its upward movement and test levels of Rs 650 followed by Rs 684 in the short term. On the downside, the 20-day EMA is likely to act as crucial support for the stock, which is currently quoting at Rs 586 level.