High focus on large-sized companies is a sensible strategy at a time when mid-sized companies are trading at peak valuations. Among schemes, which have a high exposure to large-sized companies, and at the same time, are equally committed to cash in on growth stories in mid- and small-sized companies, is Kotak Select Focus. The scheme has more than 70 per cent of its exposure to large-sized companies, and the rest is dedicated to mid- and small-sized companies. Among multi-cap schemes, Kotak Select Focus has distinguished itself by employing concentrated strategy on sector level and diversified exposure to stocks. This has worked well as it has beaten its benchmark every time in the past seven years. It has delivered 14.7 per cent and 20.4 per cent in the past three-year and five-year periods, while its benchmark Nifty200 has given 11 per cent and 14 per cent, respectively during the same period. In the past six months, the scheme has enhanced exposure in diversified themes, such as retail to construction. Some of these prominent companies are Bata India and Larsen & Toubro.
Should I exit Kotak Select focus Fund?
