Summary
Kotak India Equity Fund Class Investor is a mutual fund run by ALPS Funds. It does not trade on an exchange: you buy it from the fund company at a price set once a day. Positions inside: 36. The ten largest make up 47% of the fund.
- Yearly costs
- 1.28%
- Fund size
- $4.59M
- Positions
- 36
- Dividend yield
- 6.48%
- Running since
- 2011
What speaks for it
- It has been running since 2011.
What to watch
- 96% of the fund is in one country (India).
- Costs of 1.28% a year are above the middle of comparable funds (0.40%).
- In the last five years its price once dropped by 37% from its high.
- A small fund with $4.59M under management; small funds get closed more often.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -3.0%
- 3 months
- +0.1%
- This year
- -13%
- 1 year
- -19%
- 3 years
- -16%
- 5 years
- -27%
- 10 years
- +12%
- Avg. market cap
- $40.6B
- P/E
- 27.2x
- Forward P/E
- 25.6x
- P/S
- 2.9x
- P/B
- 3.8x
- P/FCF
- -
- EV/EBITDA
- 15.0x
- Dividend yield
- 0.64%
- ROIC
- -
- ROE
- 15.4%
- Gross margin
- 34.6%
- Operating margin
- 21.4%
- Net margin
- 13.9%
- Payout ratio
- 17.5%
- Net debt/EBITDA
- 0.5x
- Beta
- 0.48
Weighted average of the 35 largest companies, which make up 100% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Moderately concentrated- 1 IBICICI Bank Limited IBN 8.7%
- 2 REReliance Industries Limited RELIANCE.BO 6.1%
- 3 BHBharti Airtel Limited BHARTIARTL.BO 4.7%
- 4 BABajaj Finance Limited BAJFINANCE.BO 4.5%
- 5 TMTata Motors Limited TMCV.NS 4.2%
- 6 ETEternal Limited ETERNAL.BO 4.2%
- 7 CTCognizant CTSH 3.9%
- 8 INInterGlobe Aviation Limited INDIGO.BO 3.6%
- 9 AXAxis Bank Limited AXISBANK.BO 3.5%
- 10 COCoforge Limited COFORGE.BO 3.3%
Positions in the fund: 36. The ten largest make up 47% of it.
Composition as of Oct 18, 2026.
Where is it spread?
One countryBy sector
- Financials 35%
- Consumer cyclical 17%
- Industrials 8.5%
- Technology 8.2%
- Healthcare 7.8%
- Other 23%
By country
- India 96%
- United States 3.9%
By company size
- Large cap 68%
- Mid cap 28%
- Small cap 3.4%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M.
Largest sector: Financials (35%). Largest country: India (96%). Largest size group: Large cap (68%).
What does it cost me?
Expensive- A year from $10,000
- $128
- Over 20 years
- $5,772
From every $10,000 invested the fund takes $128 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $5,772.
How has it done?
Growing slowly- A year on average, 10 years
- +1.1%
- Deepest drop
- -37%
- Yearly volatility
- 17%
Average yearly growth over the last ten years: 1.1%. Deepest drop in these years: 37% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 6.48%
- Payments a year
- 1
- Last payment
- $0.89
Over the last 12 months it paid $0.89 per share, which is 6.48% of today's price. The last payment was $0.89 on Dec 9, 2025.
How expensive are the companies inside?
Rather expensive- P/E of the companies inside
- 27.2
- Average Bulios Score
- 66 out of 100
Weight by Bulios Fair Price
- Undervalued 34%
- Fairly valued 13%
- Overvalued 53%
On average the companies inside trade for 27.2 times their yearly profit. By Fair Price, 53% of the rated weight comes out as overvalued.
Counted from its largest companies (35), which make up 100% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Can I buy it as an ETF?
A mutual fund is bought from the fund company. These ETFs hold much of the same and trade on an exchange, so an ordinary broker carries them.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
BS BSLSENETFG.BO Aditya Birla Sun Life BSE SENSEX ETF | India | 0.08% | $980.6K | -13% | Reinvests | 27% |
HD HDFCSENSEX.BO HDFC BSE Sensex ETF Units | India | 0.05% | $53.7M | -12% | Reinvests | 27% |
SB SBISENSEX.BO SBI S&P BSE SENSEX ETF | India | 0.05% | $997.9K | -13% | Reinvests | 27% |
ID IDFSENSEXE.BO Bandhan S&P BSE Sensex ETF | India | 0.32% | $981.9K | -12% | Reinvests | 27% |
BS BSLNIFTY.BO Aditya Birla Sun Life Nifty 50 ETF | India | 0.05% | $3.50M | -11% | Reinvests | 27% |
SE SETFNIF50.NS SBI Nifty 50 ETF | India | 0.04% | $246.1M | -11% | Reinvests | 27% |