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4 star

Kotak Equity Savings Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.31 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.29 Lakh

Suitability:

Equity-savings funds invest about a third of your money each in equity shares, bonds and arbitrage opportunities, though these proportions may vary a bit depending upon the market outlook of the fund manager. These funds are suitable for those who cannot withstand too much volatility in the value of their investments and are content with moderate returns which are slightly higher than fixed income options.

They may also suit those looking for a regular income from their accumulation. The debt and arbitrage portions of these funds can provide a moderate, but steady stream of income. The equity allocation, though adds a bit of volatility, but helps boost returns to keep up with the rate of inflation over the long term.

Invest only if your investment horizon is three years or more. To derive dependable income with some degree of inflation protection, invest your accumulated savings in these funds gradually over at least a few months, and then maintain a withdrawal rate in the range of 4-6 per cent of the value of your investment every year.

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 5.43 0.12 0.19 3.20 3.10 6.81 21.33 9.38 9.85 -- --
VR MIP TRI 5.45 0.05 0.32 3.17 3.20 6.71 19.83 9.87 9.62 -- --
Hybrid: Equity Savings 7.55 0.22 0.51 3.67 3.77 8.95 26.04 9.10 9.34 -- --
Rank within category 21 17 22 18 16 21 17 9 7 -- --
Number of funds in category 23 23 23 23 23 23 23 16 12 0 0

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 Equity Savings Fund - Direct Plan  | Invest Online
4 star
Oct-14 21.33 9.38 9.85 1.25 1,463
HDFC Equity Savings Fund - Direct Plan  | Invest Online
4 star
Jan-13 32.07 10.38 11.88 1.32 2,390
Axis Equity Saver Fund - Direct Plan
4 star
Aug-15 28.16 10.22 10.40 0.91 761
SBI Equity Savings Fund - Direct Plan
3 star
May-15 31.19 10.46 10.10 1.02 1,411
ICICI Prudential Equity Savings Fund - Direct Plan  | Invest Now
3 star
Dec-14 20.82 8.69 9.32 0.45 1,385

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 5.00 01-Apr-2020 - 09-Apr-2020 -8.22 16-Mar-2020 - 23-Mar-2020
Month 9.90 23-Mar-2020 - 22-Apr-2020 -16.43 20-Feb-2020 - 23-Mar-2020
Quarter 16.20 23-Mar-2020 - 22-Jun-2020 -15.34 23-Dec-2019 - 23-Mar-2020
Year 34.20 23-Mar-2020 - 23-Mar-2021 -9.62 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 9.29 8.48 0.59 0.64 1.17 -1.12
VR MIP TRI 9.52 6.87 0.76 0.89 -- --
Hybrid: Equity Savings 8.83 9.70 0.50 0.56 1.33 -2.39
Rank within category 7 4 4 5 4 4
Number of funds in category 16 16 16 16 16 16

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 80
Number of Bonds 2
Average Maturity (yrs) * --
Top 10 Holdings (%) 51.33
Portfolio P/B Ratio 2.37
Portfolio P/E Ratio 24.35

Value Research Equity Fund Style

Value Research Debt Fund Style

Credit Rating vis-à-vis Category

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Top Debt Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal Kotak Money Market Fund Direct-G Mutual Fund -- 7.71 - 13.81 12.92
equal Kotak Liquid - Plan A - Direct Plan-Gr Mutual Fund -- 0.00 - 4.38 4.15
equal 6.97% GOI 2026 GOI Securities SOV 0.00 - 2.28 2.15
up GOI 22/09/2033 GOI Securities Floating Rate Bond SOV 0.00 - 1.69 1.69

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

Sector Allocation vis-à-vis Category

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Top Equity Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal Grasim Industries Construction 22.85 9.20 0.00 8.66
up ICICI Bank Financial 24.29 5.88 0.09 5.88
up SAIL Metals 13.67 5.10 0.00 5.10
equal Reliance Industries Energy 30.97 9.68 1.74 4.78
up State Bank of India Financial 17.11 2.74 0.00 2.74
down Infosys Technology 32.43 3.59 1.08 2.43
down Tata Consultancy Services Technology 37.21 3.14 1.63 2.39
down Adani Enterprises Services 183.34 8.03 0.00 2.28
up Maruti Suzuki India Automobile 49.34 2.28 0.46 2.28
equal HDFC Bank Financial 25.83 4.49 1.75 2.23
equal Axis Bank Financial 31.98 2.79 0.16 1.77
equal Adani Ports and Special Economic Zone Services 31.13 1.72 0.00 1.71
equal HDFC Financial 24.52 6.76 1.17 1.50
equal Persistent Systems Technology 42.99 1.46 0.00 1.46
equal Bharti Airtel Communication -- 3.92 0.53 1.28
down Hindustan Unilever FMCG 70.27 3.09 0.89 1.27
equal Indian Railway Catering & Tourism Corporation Services 141.80 1.03 0.00 1.03
equal Jindal Steel & Power Metals 8.17 1.76 0.00 0.96
down SBI Cards & Payments Services Financial 102.71 1.25 0.00 0.94
equal Larsen & Toubro Construction 18.32 1.86 0.44 0.93
equal JSW Steel Metals 22.16 0.91 0.27 0.85
up Emami FMCG 52.28 0.84 0.00 0.84
up Motherson Sumi Systems Automobile 74.76 0.81 0.24 0.81
equal Zee Entertainment Services 27.67 0.90 0.00 0.79
up Indiabulls Housing Finance Financial 11.88 1.48 0.00 0.76

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

— Abhishek Bisen since 17-Sep-2014

Education: Mr. Bisen is a BA and MBA in Finance.

Experience: Prior to joining Kotak AMC, Abhishek was working with Securities Trading Corporation Of India Ltd where he was looking at Sales & Trading of Fixed Income Products apart from doing Portfolio Advisory. His earlier assignments also include 2 years of merchant banking experience with a leading merchant banking firm.

Funds Managed:

— Devender Singhal since 01-Apr-2021

Education: Mr. Singhal has done B.A. (Maths) from Delhi University and PGDM, Finance from Fore School of Management, Delhi.

Experience: Prior to joining Kotak Mahindra AMC , he has worked with Kotak Securities Ltd.(July 2007 -- January 2009) ,Religare (February 2006 -- June 2007), Karvy (July 2004 -- January 2006), P N Vijay Financial Services Pvt Ltd(2001 -- 2004) and Dundee Mutual Fund( Summer Trainee ) (May 2000 -- June 2000 ).

Funds Managed:

— Hiten Shah since 03-Oct-2019

Education: Mr. Shah is a Masters in Management Studies (Finance) from Mumbai University.

Experience: Prior to joining Kotak Mahindra Mutual fund, he was associated with Edelweiss Asset Management for more than 8 years as a CoFund manager and Chief dealer in equities segment. He was also associated with Edelweiss securities Ltd. as low risk arbitrage trader for more than 3 years.

Funds Managed:


0.12%

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

Growth: ₹ 18.2019

IDCW Quarterly: ₹ 12.8404

IDCW Monthly: ₹ 13.1807


Investment Strategy

The scheme seeks to generate capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and derivatives segment of the equity market, and enhance returns with a moderate exposure in equity & equity related instruments.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 6
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) 1,000
Lock-in Period Not Applicable
Exit Load For units in excess of 8% of the investment,1% will be charged for redemption within 365 days

Basic Details

Fund House: Kotak Mahindra Mutual Fund
Launch Date: 13-Oct-2014
Return Since Launch: 9.39%
Benchmark: NIFTY 50 Arbitrage TRI (75), NIFTY 50 TRI (25)
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 1,463 Cr (As on 31-May-2021)
Expense: 1.25% (As on 30-Apr-2021)
Risk Grade: Below Average
Return Grade: Average
Turnover: 45.63%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Monthly14-Dec-20200.0456

 12-Nov-20200.0430
 12-Oct-20200.0439
 14-Sep-20200.0457
 12-Aug-20200.0469
 13-Jul-20200.0478
 12-Jun-20200.2390
 12-Feb-20200.0429
 13-Jan-20200.0542
 12-Dec-20190.0477
 13-Nov-20190.0490
 15-Oct-20190.0505
 14-Oct-20190.0505
 12-Sep-20190.0419
 13-Aug-20190.0462
 12-Jul-20190.0473
 12-Jun-20190.0492
 13-May-20190.0520
 12-Apr-20190.0489
 12-Mar-20190.0440
 12-Feb-20190.0612
 14-Jan-20190.0432
 12-Dec-20180.0481
 12-Nov-20180.0508
 12-Oct-20180.0494
IDCW Quarterly21-Sep-20200.1381

 22-Jun-20200.2485
 20-Dec-20190.1691
 20-Sep-20190.1505
 20-Jun-20190.1728
 20-Mar-20190.1701
 20-Dec-20180.1488
 21-Sep-20180.1896
 20-Jun-20180.1735
 20-Mar-20180.1957
 20-Dec-20170.1973
 20-Sep-20170.1870
 20-Jun-20170.1650
 20-Mar-20170.1650
 20-Dec-20160.1650
 20-Sep-20160.1650
 20-Jun-20160.1400
 21-Mar-20160.1320
 21-Dec-20150.1650
 21-Sep-20150.1592
 22-Jun-20150.1400
 20-Mar-20150.1500

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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Your investment strategy after the debt fund fiasco

DateFriday, 18-Jun-2021
Time12:30 PM - 01:00 PM