Skip to content
SmartFigure
Kotak Mahindra Mutual Fund

Kotak Pioneer Fund

Kotak Mahindra Mutual Fund · Direct plan · Growth

3-year returns
19.2%
a year
NAV
₹38.70
▲ 0.93% · 17 Sept 2026
Fund size
₹4,281 Cr
Expense ratio
0.63%
a year
Minimum SIP
₹100

Figures are for the Direct plan. The Regular plan, bought through a distributor, is at ₹34.80 and has returned 17.51% a year over 3 years.

Returns, and where it stands

Against the average sectoral / thematic fund, and its place among them. Anything longer than a year is a yearly rate.

PeriodThis fundCategoryRank
1 year7.8%5.2%ahead76 of 221
3 years19.2%14.5%ahead29 of 136
5 years15.2%12.9%ahead31 of 98
Every period, and the Regular plan →
PeriodDirectRegular
1 month-2.5%-2.6%
3 months3.8%3.5%
6 months18.2%17.4%
1 year7.8%6.3%
2 yearsp.a.7.5%6%
3 yearsp.a.19.2%17.5%
5 yearsp.a.15.2%13.6%

Figures are for the Direct plan, and the rank compares it against the same plan of its peers, best first. Based on NAV history from Nov 2019.

Plan

NAV history

▲ 7.76% in the last 1Y

31.535.639.717 Sept 202519 Mar 202617 Sept 2026

Hover or tap the chart for the NAV on any date. Past NAVs are adjusted for unit splits.

If you had invested in this fund

Investment type
years
Total invested
₹1,80,000
Gain
₹44,580
XIRR (per year)
14.95%
Value today
₹2,24,580

36 monthly instalments from 22 Sept 2023, valued at the latest NAV. Past returns do not guarantee future returns.

What the ride has been like

Worked out from this fund's own NAV history, not a rating.

How bumpy
12.9% a year
2.7% less than the category average — the steadier side
Worst fall so far
−35.7%
Jan 2020 to Mar 2020, against −25.3% for the category.
Years that made money
90.4%
Of every one-year stretch it has been through.
Over any three years
14.2% to 38.4%
A year, at worst and at best. Typically 22.6%.

Fund details

Minimum lumpsum
₹100
Minimum top-up
₹100
Lock-in
None
Plan started
31 Oct 2019
Portfolio turnover
0.11x
Expense ratio
0.63%
as of 31 Aug 2026

Managed by Harish Bihani

Direct plan figures, last checked on 20 Sept 2026. Exit load and the scheme's benchmark are in thescheme document.

How it compares

Kotak Pioneer Fund against other funds in the Sectoral / Thematic Fund category
Fund1Y3Y5YExpenseFund size
Nippon India Taiwan Equity Fund118%61.43%1.24%₹1,128 Cr
HDFC Defence Fund21.09%37.07%0.9%₹11,478 Cr
HDFC Transportation and Logistics Fund7.35%24.8%1.09%₹2,116 Cr
SBI Healthcare Opportunities Fund20.88%24.31%18.52%1.02%₹5,796 Cr
UTI - Healthcare Fund16.82%24.15%16.09%1.28%₹1,444 Cr
LIC MF Infrastructure Fund8.97%23.9%21.88%1.35%₹1,174 Cr
Kotak Pioneer Fund7.76%19.15%15.23%0.63%₹4,281 Cr

About Kotak Pioneer Fund

Kotak Pioneer Fund is a sectoral / thematic fund managed by Kotak Mahindra Mutual Fund. Invest in one sector (such as banking, IT or pharma) or a theme (such as consumption or infrastructure). Concentrated and higher risk; suited to investors with a view on that sector.

The investment objective of the scheme is to generate capital appreciation from a diversified portfolio of equity, equity related instruments and units of global mutual funds which invests into such companies that utilize new forms of production, technology, distribution or processes which are likely to challenge existing markets or value networks, or displace established market leaders, or bring in novel products and/or business models. However, there can be no assurance that the investment objective of the Scheme will be realized.

The scheme's stated objective, as published by Kotak Mahindra Mutual Fund.

The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.

Tax on your gains

Gains are taxed as equity: sell within 12 months and the gain is short-term, taxed at 20%. Hold longer and it is long-term, taxed at 12.5% on gains above ₹1.25 lakh in a financial year, across all your equity investments.

Work out what you would owe with the capital gains tax calculator.

Every plan and option, with scheme codes
PlanOptionNAVScheme code
DirectGrowth₹38.70147727
DirectReinvestment of Income Distribution cum capital withdrawal option₹38.694147725
RegularGrowth₹34.80147724
RegularReinvestment of Income Distribution cum capital withdrawal option₹34.815147728

Frequently asked questions

What is the NAV of Kotak Pioneer Fund today?

The NAV of Kotak Pioneer Fund (Direct plan, Growth) is ₹38.70 and the Regular plan NAV is ₹34.80, as of 17 Sept 2026.

What returns has Kotak Pioneer Fund given?

Over the last year the Direct plan returned 7.76%, and 19.15% a year over 3 years and 15.23% a year over 5 years. That places it 29 of 136 funds in its category over 3 years. Past returns do not guarantee future returns.

What is the expense ratio of Kotak Pioneer Fund?

The Direct plan charges 0.63% a year, as disclosed on 31 Aug 2026. The fee is already taken out of the NAV, so the returns above are what you keep.

What is the minimum SIP amount in Kotak Pioneer Fund?

You can start a monthly SIP with ₹100, or invest a lump sum of ₹100 or more.

How much has Kotak Pioneer Fund fallen in the past?

Its deepest fall was 35.7% from 17 Jan 2020 to 23 Mar 2020. Of every one-year stretch in its history, 90% ended in a gain.

Which category does Kotak Pioneer Fund belong to?

It is a Sectoral / Thematic Fund from Kotak Mahindra Mutual Fund. Invest in one sector (such as banking, IT or pharma) or a theme (such as consumption or infrastructure). Concentrated and higher risk; suited to investors with a view on that sector.

What is the difference between the Direct and Regular plan?

Both invest in the same portfolio. The Direct plan is bought straight from the fund house or a direct platform and has a lower expense ratio because no distributor commission is paid, so its NAV grows slightly faster over time.

How are gains from Kotak Pioneer Fund taxed?

Gains are taxed as equity: sell within 12 months and the gain is short-term, taxed at 20%. Hold longer and it is long-term, taxed at 12.5% on gains above ₹1.25 lakh in a financial year, across all your equity investments.

Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.