Fact sheet: OMW Kotak India Midcap

Fund information
Fund name
OMW Kotak India Midcap Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund manager
No data available.
Underlying fund
Kotak India Mid Cap
Fund objective
The OMW Kotak India Midcap fund invests solely in the Kotak India Micap fund, a sub fund of Kotak Funds a SICAV managed by Kotak Mahindra (UK) Limited. The underlying fund seeks to achieve long term capital appreciation by primarily investing at least two thirds of its total assets in equity and equity linked securities of mid capitalisation companies registered in India or deriving a significant portion of their business from India. The underlying fund can invest up to one third of its total assets temporarily in liquid assets, including money-market instruments having a residual maturity not exceeding twelve months and demand or time deposits. Investments in the underlying fund tend to be volatile and investors should expect an above average price increase or decrease. Investments in emerging markets tend to be volatile and are usually considered to carry a greater degree of risk than investments in established markets. This relates to dealing, settlement and custody practices, the possibility of political or economic instability, and developing legal, fiscal and regulatory structures. The underlying fund invests into a relatively small number of assets, or into individual countries or a specific market sector. Such concentrated portfolios give rise to more risk than where investments are spread across a larger number of assets, countries or market sectors. The underlying fund may be denominated in or hold assets in a currency other than Sterling. The performance of the fund may therefore rise and fall as a result of exchange rate fluctuations. The underlying fund invests in bonds or money market instruments (including deposits with banks or other financial institutions). The yield and/or value of the fund will fluctuate as interest rates change. There is a possibility of default, reducing capital values. Some of the investments in the underlying fund can be difficult to sell at times, which could affect the price of units. It should be noted that the performance of the OMW fund will not match that of the underlying investment due to OMW fund charges, appropriate taxation adjustment and the OMW investment process.
Benchmark
  • CNX Midcap
Investment style
None
Investment method
Shares
Quick stats
1 Year return
-
1 Year rank in sector
-
Sector
PN Specialist
Yield
-
Fund size
£0m (£0m last year)
Bid price
89.5
Offer price
94.2
Top in this sector
Fund name1 Year
OMW Neptune Rus + Grtr Rus41.4%
ReAssure AL NptRu&GtrRus Pn40.9%
L&G Nep Russia&Gtr Russia Pn40.7%
Scot Eq JPM Emg Eur Eq Pn36.6%
OMW InvescoPerpetualEmgEurpn36.5%
...more in PN Specialist

Performance snapshot

Holdings snapshot

  • India98%
    Money Market2%
  • Others17.6%
    Banks15%
    Automobiles12.3%
    Pharmaceuticals10.5%
    Building Materials & Merchants9.7%
  • Indian Equities98%
    Money Market2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-12.2%-5.8%----
Sector-0.8%-0.9%5.9%8.3%20.4%40.7%
Rank within sector544 / 546510 / 545----
Quartile4th4th
Calendar performance
 YTD - 20162015201420132012
Fund-----
Sector8.3%2%7.2%11%7.7%
Rank within sector-----
Quartile
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
-
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
-
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
-
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
-
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
-
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
-
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
-
Price movement
52 week high106.4
52 week low88.5
Current bid price89.5
Current offer price94.2
Current mid price-
Region
1India98%
2Money Market2%
Industry sector
1Others17.6%
2Banks15%
3Automobiles12.3%
4Pharmaceuticals10.5%
5Building Materials & Merchants9.7%
6Consumer Goods7.5%
7Capital Goods7.3%
8Chemicals7.1%
9Oil & Gas7%
Asset type
1Indian Equities98%
2Money Market2%
Individual holdings
1CENTURY TEXTILES3.4%
2CENTURY TEXTILES3.4%
3Hindustan Petroleum Corpn. Ltd.3.2%
4INDUSIND BANK LIMITED3%
5INDUSIND BANK LIMITED3%
6BRITANNIA INDUSTRIES2.8%
7BRITANNIA INDUSTRIES2.8%
8RAMCO CEMENTS LTD2.5%
9RAMCO CEMENTS LTD2.5%
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund objective
The OMW Kotak India Midcap fund invests solely in the Kotak India Micap fund, a sub fund of Kotak Funds a SICAV managed by Kotak Mahindra (UK) Limited. The underlying fund seeks to achieve long term capital appreciation by primarily investing at least two thirds of its total assets in equity and equity linked securities of mid capitalisation companies registered in India or deriving a significant portion of their business from India. The underlying fund can invest up to one third of its total assets temporarily in liquid assets, including money-market instruments having a residual maturity not exceeding twelve months and demand or time deposits. Investments in the underlying fund tend to be volatile and investors should expect an above average price increase or decrease. Investments in emerging markets tend to be volatile and are usually considered to carry a greater degree of risk than investments in established markets. This relates to dealing, settlement and custody practices, the possibility of political or economic instability, and developing legal, fiscal and regulatory structures. The underlying fund invests into a relatively small number of assets, or into individual countries or a specific market sector. Such concentrated portfolios give rise to more risk than where investments are spread across a larger number of assets, countries or market sectors. The underlying fund may be denominated in or hold assets in a currency other than Sterling. The performance of the fund may therefore rise and fall as a result of exchange rate fluctuations. The underlying fund invests in bonds or money market instruments (including deposits with banks or other financial institutions). The yield and/or value of the fund will fluctuate as interest rates change. There is a possibility of default, reducing capital values. Some of the investments in the underlying fund can be difficult to sell at times, which could affect the price of units. It should be noted that the performance of the OMW fund will not match that of the underlying investment due to OMW fund charges, appropriate taxation adjustment and the OMW investment process.
Benchmark
  • CNX Midcap
Investment style
None
Investment method
Shares
Fund manager
No data available.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW Kotak India Midcap Pn
Initial charge-
Annual charge-
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.78%
Bid price89.5
Offer price94.2
Mid price-
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNDUN
OMW Kotak India Midcap SP
Initial charge-
Annual charge-
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.78%
Bid price-
Offer price-
Mid price94.4
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNDUO
Data provided by

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