Compare Mutual Funds

Insights from Fund Comparison

• Both Kotak ESG Exclusionary Strategy Fund - Direct (G) and Tata India Innovation Fund - Direct (IDCW) are Sectoral / Thematic, Equity schemes. Kotak ESG Exclusionary Strategy Fund - Direct (G) is 5 yrs 4 m old and manages ₹809.6 Crs, whereas Tata India Innovation Fund - Direct (IDCW) is 1 yrs 4 m old with ₹1,439.49 Crs.
• Kotak ESG Exclusionary Strategy Fund - Direct (G) is older, but Tata India Innovation Fund - Direct (IDCW) is larger — suggesting that while Kotak ESG Exclusionary Strategy Fund - Direct (G) has more experience, Tata India Innovation Fund - Direct (IDCW) may be attracting recent investor interest.
• Kotak ESG Exclusionary Strategy Fund - Direct (G) has its top 3 sectors in Banks (23.73%), IT - Software (9.58%), and Finance (8.58%), while Tata India Innovation Fund - Direct (IDCW) focuses on Banks (19.16%), IT - Software (14.10%), and Healthcare (10.93%).
• The funds share exposure to Banks and IT - Software, but differ in the rest, which means they will partially move together but may diverge depending on how the unique sectors perform.
• Kotak ESG Exclusionary Strategy Fund - Direct (G) holds HDFC BANK LTD. (7.24%), BHARTI AIRTEL LTD. (7.10%), ICICI BANK LTD. (5.11%), Larsen and Toubro Ltd. (4.28%), and ETERNAL LIMITED (4.26%), whereas Tata India Innovation Fund - Direct (IDCW) holds AXIS BANK LTD. (5.25%), ICICI BANK LTD. (4.58%), REPO (3.88%), PB FINTECH LTD. (3.65%), and RELIANCE INDUSTRIES LTD. (3.55%).
• The funds share exposure to ICICI BANK LTD., which makes their performance partly correlated. However, the unique holdings like HDFC BANK LTD. in Kotak ESG Exclusionary Strategy Fund - Direct (G) and AXIS BANK LTD. in Tata India Innovation Fund - Direct (IDCW) can create divergence depending on how these stocks perform.
• In terms of risk profile, Kotak ESG Exclusionary Strategy Fund - Direct (G) has 98.85% equity and 0.00% debt, while Tata India Innovation Fund - Direct (IDCW) has 95.44% equity and 0.00% debt.
• Kotak ESG Exclusionary Strategy Fund - Direct (G) is more aggressive with higher equity allocation, which could lead to higher returns but more volatility.
• Kotak ESG Exclusionary Strategy Fund - Direct (G) outperformed Tata India Innovation Fund - Direct (IDCW) in 6 Months, 1 Year (returns: -7.80%, 3.84% ) but underperformed in 3 Months, 3 Years, 5 Years (returns: -11.08%, 12.87%, 10.24%). This mixed performance indicates strength in certain market cycles while highlighting periods of relative weakness, suggesting selective timing or careful monitoring may be needed.