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4 star

Kotak Tax Saver - Direct Plan


Equity: ELSS

1 Lakh

Investment Grown to
₹ 1.64 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.28 Lakh

Suitability:

When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. In addition, there is a tax benefit. Under Section 80C of the Indian income tax laws, investments of up to Rs 1.5 lakh in a financial year in eligible securities such as this fund are exempt from tax.

But be prepared for ups and downs in your investment value along the way. Also note that you cannot withdraw your money from this fund before completing three years from the date of investment.

Like for all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other ELSS, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 21.18 0.77 1.19 9.43 9.40 24.24 68.15 17.84 17.69 17.11 --
S&P BSE 500 TRI 19.07 0.39 0.94 9.38 9.18 22.30 71.13 14.95 16.27 13.74 --
Equity: ELSS 18.96 0.53 1.11 9.07 8.86 22.41 67.54 14.21 15.78 14.86 --
Rank within category 11 4 12 14 11 12 15 6 9 7 --
Number of funds in category 38 38 38 38 38 38 38 35 33 29 1

As on 15-Jun-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Kotak Tax Saver - Direct Plan  | Invest Online
4 star
Jan-13 68.15 17.84 17.69 0.86 1,988
Axis Long Term Equity Fund - Direct Plan
4 star
Jan-13 60.41 16.04 17.60 0.78 29,575
DSP Tax Saver Fund - Direct Plan  | Invest Online
4 star
Jan-13 74.47 18.44 18.13 0.86 8,747
Mirae Asset Tax Saver Fund - Direct Plan  | Invest Online
5 star
Dec-15 81.13 21.53 23.10 0.48 7,940
Canara Robeco Equity Tax Saver Fund - Direct Plan  | Invest Online
5 star
Jan-13 73.92 20.77 19.24 1.03 2,227

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 8.80 24-Mar-2020 - 31-Mar-2020 -17.49 11-Mar-2020 - 18-Mar-2020
Month 19.12 23-Mar-2020 - 22-Apr-2020 -36.15 20-Feb-2020 - 23-Mar-2020
Quarter 30.36 23-Mar-2020 - 22-Jun-2020 -32.85 23-Dec-2019 - 23-Mar-2020
Year 91.13 23-Mar-2020 - 23-Mar-2021 -26.73 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 18.01 21.74 0.63 0.63 0.94 2.91
S&P BSE 500 TRI 15.83 22.84 0.50 0.59 -- --
Equity: ELSS 14.81 22.45 0.47 0.52 0.96 -0.53
Rank within category 5 13 4 8 12 4
Number of funds in category 35 35 35 35 35 35

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-May-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 53
Top 10 Stocks (%) 40.77
Top 5 Stocks (%) 26.19
Top 3 Sectors (%) 45.57
Portfolio P/B Ratio 3.77
Portfolio P/E Ratio 27.42

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,00,387 1,22,008
Giant (%) 42.87 51.48
Large (%) 15.91 15.74
Mid (%) 36.92 24.34
Small (%) 4.30 8.63
Tiny (%) -- 0.30

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal ICICI Bank Financial 24.29 8.37 2.64 8.33
equal Infosys Technology 32.43 6.78 2.58 5.61
equal State Bank of India Financial 17.11 4.48 0.00 4.48
equal HDFC Bank Financial 25.83 6.92 3.21 4.19
equal Tata Consultancy Services Technology 37.21 6.10 2.64 3.58
equal SRF Diversified 35.39 3.83 1.00 3.28
equal Reliance Industries Energy 30.97 8.88 3.21 3.26
equal Jindal Steel & Power Metals 8.17 3.19 0.56 2.77
equal Axis Bank Financial 31.98 6.65 1.40 2.74
equal Ultratech Cement Construction 35.22 2.84 1.80 2.53
equal Cadila Healthcare Healthcare 31.01 2.68 0.60 2.49
equal Bharti Airtel Communication -- 2.98 0.00 2.42
equal Larsen & Toubro Construction 18.32 4.58 2.12 2.40
equal Cipla Healthcare 32.52 2.68 0.00 2.39
equal Gujarat Gas Chemicals 34.93 2.54 0.00 2.29
equal Dr. Reddy's Lab Healthcare 46.15 3.25 0.00 2.14
equal AU Small Finance Bank Financial 28.31 4.10 1.52 1.99
equal Thermax Engineering 85.78 2.70 1.55 1.97
equal Linde India Chemicals 32.49 2.21 0.75 1.81
equal Bajaj Auto Automobile 24.65 2.47 0.00 1.69
equal Shree Cement Construction 44.99 2.81 1.66 1.66
equal Coromandel International Chemicals 18.82 2.71 0.00 1.61
equal Hindustan Unilever FMCG 70.27 5.34 0.00 1.47
equal Polycab India Engineering 31.52 1.47 0.00 1.47
equal Balkrishna Industries Automobile 37.34 1.45 0.00 1.44

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-May-2021

Fund Manager

— Harsha Upadhyaya since 25-Aug-2015

Education: Mr. Upadhyaya is a B.E (Mechanicial) from NIT Suratkal, PGDM from IIM Lucknow and CFA from the CFA Institute, USA.

Experience: Prior to joining Kotak Mutual fund he has worked with DSP Mutual Fund and UTI AMC.

Interviews:

Funds Managed:


0.77%

Change from previous, NAV as on 15-Jun-2021

Growth: ₹ 72.0350

IDCW: ₹ 30.1750


Investment Strategy

The scheme aims to generate long-term capital appreciation from a diversified portfolio of equity and equity related securities and enable investors to avail the income tax rebate, as per the prevailing tax laws.

Investment Details

Minimum Investment (₹) 500
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 500
Minimum No of Cheques 6
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) 1,000
Lock-in Period 3 Years
Exit Load 0

Basic Details

Fund House: Kotak Mahindra Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 16.07%
Benchmark: NIFTY 500 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 1,988 Cr (As on 31-May-2021)
Expense: 0.86% (As on 30-Apr-2021)
Risk Grade: Below Average
Return Grade: Above Average
Turnover: 28.75%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW23-Dec-20200.4940

 28-Sep-20200.4300
 12-Jun-20200.1900
 26-Dec-20190.3993
 27-Sep-20190.3692
 27-Jun-20190.4134
 29-Mar-20190.3807
 24-Dec-20180.3807
 26-Sep-20180.3984
 28-Jun-20180.3895
 23-Mar-20180.3800
 29-Dec-20170.4000
 28-Sep-20170.4000
 29-Jun-20170.4000
 29-Mar-20170.7500
 27-Jan-20170.7200
 21-Jan-20160.6000
 30-Dec-20140.1000

Contact Information

AMC: Kotak Mahindra Asset Management Company Ltd

Address: 27 BKC, C-27, G Block, Bandra Kurla Complex, Bandra (E) Mumbai - 400051

Phone: 022-61152100 / 1800-22-2626

Fax: 022-66384455

Email: [email protected]

Website: http://www.kotakmutual.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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