Fundalysisby DARKHORSESTOCKS

Scheme

Kotak Infrastructure Economic Reform Fund

Holds 48 companies worth ₹2,303 Cr in Sept 2026.

  • Fund house

    KotakThe fund house that runs this scheme.

  • AUM

    ₹2,404 CrKotak Infrastructure Economic Reform Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 3.6% on Aug 2026, ₹2,493 Cr.

  • Largest holding

    Larsen and ToubroLarsen and Toubro is 8.7% of this scheme's NAV.

  • Fund manager

    Nalin RasikRuns it since 1 Oct 2023, as the fund house dates it.

Overview(22 Sept 2026)

Fund managers1

  1. Nalin RasikFund manager · Oct 2023 · 21y · CA B.Com
  1. Arjun KhannaMay 2018 – Sept 2024

Key facts

Benchmark
Nifty Infrastructure TRI
Risk
Very High
Expense
Regular 2.14% · Direct 0.85%
Exit load
0.5% within 90 days
Started
25 Feb 2008
Minimum
₹100

Source.Its Scheme Summary Document as of 22 Sept 2026 at AMFI.

What changed(16 changes)

Jul 2026

1 change
  1. Expense ratio
    30 JulRegular 2.1% → 2.11%

Jun 2026

1 change
  1. Expense ratio
    29 JunRegular 2.03% → 2.1%Direct 0.72% → 0.82%

May 2026

1 change
  1. Expense ratio
    30 MayRegular 2.01% → 2.03%Direct 0.73% → 0.72%

Source.Its filings at NSE, since Aug 2024.

Fund managers over time(May 2018 – now)

  1. Nalin Rasik
  2. Arjun Khanna
MainCoSlice20192020202120222023202420252026
Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

Costs(Aug 2024 – Sept 2026)

Every change to the expense ratio, newest first.
15 changesRegularDirectΔ pt
30 Jul 20262.11%0.82%0
29 Jun 20262.10%0.82%0.10
30 May 20262.03%0.72%0.01
29 Apr 20262.01%0.73%0.02
30 Mar 20262.02%0.71%0.02
27 Feb 20262.02%0.69%0
30 Jan 20262.01%0.69%0
30 Dec 20252.00%0.69%0.02
29 Nov 20252.01%0.67%0.01
31 Oct 20251.99%0.66%0
31 Jul 20252.00%0.66%0
30 Jun 20251.99%0.66%0.04
31 May 20251.99%0.70%0.09
30 Sept 20241.98%0.61%0.01
31 Aug 20241.98%0.60%–
Direct plan, 30 Jul 2026
0.82%
Regular plan 2.11% · Exit load 0.5% within 90 days
Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

Objective and risk(22 Sept 2026)

Objective

The investment objective of the Scheme is to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity-related securities of companies involved in economic development of India as a result of potential investments in infrastructure and unfolding economic reforms.However, there is no assurance that the objective of the scheme will be realized.

Risk, type and benchmark

Riskometer
Very High
At launch
Very High
Type
An open-ended equity scheme investing in Infrastructure & Economic Reform theme
Benchmark
Nifty Infrastructure TRI

Asset allocation it may hold% of NAV

  1. Risk Profile Equity and equity related Instruments of companies involved in economic development of India as a result of potential investments in infrastructure and unfolding economic reforms
    Allowed80–100%
  2. Equity and equity related Instruments of companies other than those involved in economic development of India as a result of potential investments in infrastructure and unfolding economic reforms
    Allowed0–20%
  3. Debt & money market securities/instruments/funds
    Allowed0–20%Holds1.3%
  4. Units of Gold/Silver ETF
    Allowed0–20%
  5. Units issued by InvITs
    Allowed0–10%Holds0.0%

Holds in Sept 2026.98.7% equity · 1.3% debt and cash

How to invest(22 Sept 2026)

Buying

To start
₹100, then any amount thereafter Rs. 100
To add
₹100, then any amount thereafter Rs. 100
Systematic
SIP - Daily, Weekly, Monthly, Quarterly, Half – Yearly and Annually SWP - Daily, Weekly, Monthly, Quarterly, Half – Yearly and Annually STP - Daily, Weekly, Monthly & Quarterly
Dates
SIP - Any date from 1st to 31st SWP - Any Date of Every Month STP - Any Business Day
Minimum
SIP - Rs. 100/- and any amount thereafter,SWP - Rs. 1000 STP - Rs. 1000 ", then sIP - Rs. 100/- and any amount thereafter,SWP - STP -
Instalments
SIP - N.A. SWP - 6 installments STP - 6 installments

Selling and switching

To redeem
₹1,000 or 100 unit units
Minimum balance
₹1,000 or 100 units units

Scheme details(22 Sept 2026)

What it is

Category
Thematic Fund
Offer
10 Jan 2008 to 31 Jan 2008
Started
25 Feb 2008
Reopened
27 Feb 2008
Plans
Growth · Payout of Income Distribution cum capital withdrawal (IDCW) · Reinvestment of Income Distribution cum capital withdrawal (IDCW)
Face value
₹10
Listed
No

How it is run

Swing pricing
No
Side-pocketing
Enabled, No segregated portfolio created.
Custodian
Deutsche Bank A G, Mumbai
Auditor
S. R. Batliboi & Co. LLP
Registrar
Computer Age Management Services (‘CAMS’)
SEBI code
KOTM/O/E/THE/07/11/0023