Kotak Gold ETF (KGETF)

st
31 May, 2018

Scheme Facts
About Kotak Gold ETF (KGETF)
Investment Manager

Kotak Mahindra AMC Ltd.
Trustee
Kotak Mahindra Trustee Co. Ltd
Ÿ It is an open-ended gold Exchange Traded Fund, which invests in physical gold and endeavors to track the
domestic spot price of gold as closely as possible.
Ÿ Units of the scheme listed on stock exchanges and can be easily traded in demat form.

Benchmark Ÿ Each unit of the scheme is approximately equal to 1 gram of gold.

Domestic price of gold Ÿ Units of the schemes are backed by physical gold held by the Custodian (Scotia Macotta).
Registrar
Ÿ All physical gold held with Scotia Macotta conforms to the London Bullion Market Association's (LBMA) rules
Computer Age Management Services for Good Delivery.

Expense ratio
Investment Objective
1.00%

Exit load Ÿ The investment objective of Kotak Gold ETF is to generate returns that are in line with the returns on
investment in physical gold, subject to tracking error.
Nil

Tracking Error* Key Features

0.06%
Ÿ Provides portfolio diversification
Month end AUM (as on 31st May 2018) Ÿ Simple to buy & sell, just like trading shares
Ÿ No concerns about risk of theft and quality of gold
`401.93 crs
Ÿ You can buy any quantity at wholesale gold prices.
Monthly Average AUM* Ÿ KOTAK GOLD
`404.25 crs

Gold holding

1298 Kgs

Allotment Date

27 July, 2007
Portfolio
Purity

995 fineness Instrument Weightage (%)

Gold Fineness99.5 99.95
*Tracking error is annualized & calculated
Net Current Assets/(Liabilities) 0.05
since inception till May 31, 2018.

Trading Data and Listings

Exchange Listed
Security and Trading Codes
NSE & BSE

NAV Exchange Codes KOTAKGOLD

`278.1095* ISIN INF373I01015

Pricing per unit Bloomberg KOGOLD

Approximately 1 gram of gold Reuters KTGF.NS

ICICI Direct KOTGOL
Minimum Investment
HDFC Sec KOTGOL
1 unit
Kotak Sec KOTAKGOLD
Creation Size
MotilalOswal KOTAKGOLD
1000 units
Indiabulls KOTAKGOLD
*as on 31st May, 2018

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 Kotak Gold ETF (KGETF) st
31 May, 2018

About Kotak Mutual Fund `1 Lakh Investment in KGETF

Kotak Mahindra Asset Management 350000

Company Limited (KMAMC) is a wholly 300000
owned subsidiary of Kotak Mahindra Bank
Limited (KMBL). KMBL has over two decades 250000
of experience in financial services. KMBL has a
200000
market capitalization of `2543.038 bn (as on
31st May , 2018). KMAMC is the Asset 150000
Manager for Kotak Mahindra Mutual Fund
(KMMF). It started operations in December 100000
1998. KMMF offers schemes catering to 50000
investors with varying risk - return profiles and
was the first fund house in the country to 0
launch a dedicated gilt scheme. KMAMC

Sep-11

Jul-12

May-13
Jul-07

Jul-17
Jan-15

Nov-15
Mar-09

Jan-10

Nov-10

Sep-16
May-08

May-18
Mar-14
manages assets worth `1,31,281.51 cr as on
31st May, 2018.

* The numbers are converted using the Rupee-

USD reference rate published by the Reserve
Bank of India as on the respective dates.
Kotak Gold ETF (KGETF)*Performance (%) as on 31st May, 2018

To know more
Date Scheme Physical CRISIL 10 Current Value of Standard Investment
Returns Gold Year of ` 10000 in the
Call : 1800-222-626 (Toll Free), Mumbai
(%) ^ Price Gilt Index Scheme Benchmark Additional
61152100, Delhi 66306900 / 02, Chennai # (%) ## (%) # (`) # (`) Benchmark ## (`)
28221333 / 45038171, Kolkata 64509802 /
03, Pune 64013395 / 96, Ahmedabad Kotak Gold ETF
26779888, Bangalore 66128050 / 51, Since Inception 11.05 12.35 6.25 31,173 35,400 19,316
Hyderabad 66178140 / 41. Last 1 Year 5.43 6.53 -2.39 10,543 10,653 9,761
Visit - assetmanagement.kotak.com Last 3 Years 3.45 4.58 5.51 11,074 11,442 11,751
Email - mutual@kotak.com Last 5 Years 1.53 2.66 5.14 10,791 11,403 12,850

Scheme Inception date is 27/07/2007. Mr. Abhishek Bisen has been managing the fund since 15/04/2008.

Disclaimer Different plans have different expense structure. The performance details provided herein are of regular plan.
*All payouts during the period have been reinvested in the units of the scheme at the then prevailing NAV. Returns > = 1 year: CAGR
Kotak Gold ETF (an open ended gold
exchange traded fund): To generate returns (Compounded Annualised Growth Rate). Past performance may or may not be sustained in future. N.A stands for data not available.
that are in line with the returns on investment Note: Point to Point (PTP) Returns in INR shows the value of `10,000/- investment made at inception. Source: ICRA MFI Explorer.
in physical gold, subject to tracking errors. Please refer page no. 3-4 for top 3 and bottom 3 schemes managed by Mr. Abhishek Bisen.
TRI – Total Return Index
About pricing
With effect from 1st February 2018, we are comparing the performances of the funds with the total return variant of the benchmark
Details regarding the pricing calculations instead of the price return variant.
p l e a s e l o g o n t o
http://www.kotakmutual.com/kmw/product/
kotak-gold-etf-funds.htm - Gold Price
Calculation Riskometer
Moderate Mo This product is suitable for investors who are seeking*:
Mutual Fund investments are subject to t el y d
market risks, read all scheme related era Higerat • Returns in line with physical gold over medium to
odLow h e
long term, subject to tracking error
M

documents carefully. Scheme Information

ly

Document (SID) and Statement of

• Investment in physical gold
Additional Information (SAI) available on
Low

High

assetmanagement.kotak.com * Investors should consult their financial advisors if in doubt

about whether the product is suitable for them.
LOW HIGH
Investors understand that their principal will
be at moderately high risk

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 Kotak Gold ETF (KGETF)
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31 May, 2018

Top 3 Funds Managed by Mr. Abhishek Bisen

Period 1 year 3 years 5 years Since Inception

Scheme Benchmark Scheme Benchmark Scheme Benchmark Scheme Benchmark
Returns (%)^ Returns (%)^* Returns (%)^ Returns (%)^* Returns (%)^ Returns (%)^* Returns (%)^ Returns (%)^*
Kotak Global Emerging Market Fund - Growth 24.65 16.50 3.11 5.70 5.99 5.74 5.23 4.57
Kotak Equity Savings Fund - Growth 8.32 6.89 7.98 6.75 NA NA 8.59 7.29
Kotak Gold Fund - Growth 6.66 6.53 3.24 4.58 0.88 2.66 3.75 5.62

Mr. Abhishek Bisen manages 8 funds of Kotak Mutual fund.

Kotak Global Emerging Market Fund - Growth, *Name of the Benchmark - MSCI Emerging Market index, Scheme Inception date is 26/09/2007. Mr. Deepak Gupta has
been managing the fund since 04/04/2011(Dedicated fund manager for overseas investment) and Mr. Abhishek Bisen has been managing the fund since 04/04/2011.
Kotak Equity Savings Fund - Growth, *Name of the Benchmark - 75% NIFTY 50 ARBITRAGE + 25% Nifty 50 TRI, Scheme Inception date is 13/10/2014. Mr. Deepak
Gupta has been managing the fund since 17/09/2014. Mr. Abhishek Bisen has been managing the fund since 17/09/2014.
Kotak Gold Fund - Growth, *Name of the Benchmark - Price of Gold, Scheme Inception date is 25/03/2011. Mr. Abhishek Bisen has been managing the fund since
04/03/2011.
Different plans have different expense structure. The performance details provided herein are of regular plan
^Past performance may or may not be sustained in future.*All payouts during the period have been reinvested in the units of the scheme at the then prevailing NAV.
Returns > = 1 year: CAGR (Compounded Annualised Growth Rate). N.A stands for data not available. Source: ICRA MFI Explorer.
We are comparing the performances of the funds with the total return Index.
TRI – Total Return Index. With effect from 1st February 2018, we are comparing the performances of the funds with the total return variant of the benchmark instead of the
price return variant.
The debt component of the index is TRI since inception. For equity component of the index, as TRI data is not available since inception of the scheme, benchmark performance
is calculated using composite CAGR of S&P BSE 200 PRI values series is used till 31st July 2006 and TRI values is used since 1st Aug 2006.

Bottom 3 Funds Managed by Mr. Abhishek Bisen

Period 1 year 3 years 5 years Since Inception

Scheme Benchmark Scheme Benchmark Scheme Benchmark Scheme Benchmark
Returns (%)^ Returns (%)^* Returns (%)^ Returns (%)^* Returns (%)^ Returns (%)^* Returns (%)^ Returns (%)^*
Kotak Debt Hybrid - Growth 3.09 4.09 7.96 8.05 9.25 8.71 7.73 8.15
Kotak Gilt - Investment - Regular - Growth 0.59 3.01 6.59 7.50 6.02 7.52 9.46 NA
Kotak Bond - Regular Plan - Growth 0.56 2.44 5.77 7.36 5.81 7.37 8.74 NA

Mr. Abhishek Bisen manages 8 funds of Kotak Mutual fund.

Kotak Debt Hybrid - Growth (Erstwhile Kotak Monthly Income Plan), *Name of the Benchmark - CRISIL Hybrid 85+15 - Conservative Index, Scheme Inception date is
02/12/2003. Mr. Abhishek Bisen has been managing the fund since 01/04/2008. Mr. Devender Singhal has been managing the fund since 25/08/2015.
Kotak Gilt - Investment - Regular - Growth, *Name of the Benchmark - I-SEC Composite Gilt Index, Scheme Inception date is 29/12/1998. Mr. Abhishek Bisen has been
managing the fund since 15/04/2008.
Kotak Bond - Regular Plan - Growth, *Name of the Benchmark - CRISIL Composite Bond Fund, Scheme Inception date is 25/11/1999. Mr. Abhishek Bisen has been
managing the fund since 01/04/2008.
Different plans have different expense structure. The performance details provided herein are of regular plan
^Past performance may or may not be sustained in future.*All payouts during the period have been reinvested in the units of the scheme at the then prevailing NAV.
Returns > = 1 year: CAGR (Compounded Annualised Growth Rate). N.A stands for data not available. Source: ICRA MFI Explorer.
We are comparing the performances of the funds with the total return Index.
TRI – Total Return Index. With effect from 1st February 2018, we are comparing the performances of the funds with the total return variant of the benchmark instead of the
price return variant.
The debt component of the index is TRI since inception. For equity component of the index, as TRI data is not available since inception of the scheme, benchmark performance
is calculated using composite CAGR of S&P BSE 200 PRI values series is used till 31st July 2006 and TRI values is used since 1st Aug 2006.
Scheme Specific Risks:
Liquidity Risk: Trading in Kotak PSU Bank ETF may be halted due to market conditions or for reasons that in the view of the Exchange Authorities or SEBI, trading in Kotak
PSU Bank ETF is not advisable. There could also be trading halts caused by extraordinary market volatility and pursuant to NSE/BSE and SEBI circuit filter rules. There can be no
assurance that the requirements of the exchange, necessary to maintain the listing of the Kotak PSU Bank ETF will continue to be met or will remain unchanged.
The concept of exchange-traded funds is relatively new to Indian capital markets. Trading in Kotak PSU Bank ETF could therefore be restricted due to which market price may
or may not reflect the true NAV of Kotak PSU Bank ETF at any point of time. Also there can be no assurance that an active secondary market will develop or be maintained for
the Scheme units.
Regulatory Risk: Any changes in trading regulations by the stock exchange (s) or SEBI may affect the ability of Authorised Participant to arbitrage resulting into wider
premium/ discount to NAV.
Sectoral Risk: The banking sector in general could underperform returns from the securities included in the index or other asset classes.
Concentration risk: The scheme will invest in stocks included in the CNX PSU Banking index; the number of stocks in the index is limited i.e., about 12 stocks (at present).
Therefore the scheme is exposed to high level of concentration risk.
Investors may note that even though this is an open-ended scheme, they will have to buy or sell units of the scheme on the stock exchanges where these units are listed for
liquidity at the market price, subject to the rules and regulations of the exchange. Buying and selling units on stock exchange requires the investor to engage the services of a
broker and are subject to payment of margins as required by the stock exchange/broker, payment of brokerage, securities transactions tax and such other costs.
The market price of ETF units, like any other listed security, is largely dependent on two factors, viz., (1) the intrinsic value of the unit (or NAV), and (2) demand and supply of
units in the market. Sizeable demand or supply of the units in Exchange may lead to market price of the units to quote at premium or discount to NAV. However since the
Authorised Participants and Large Investors can transact with the AMC for units beyond the creation unit size there should not be a significant variance from the NAV. Hence
the price of ETF is less likely to hold significant variance (large premium or discount) from the latest declared NAV all the time.
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