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4 star

Kotak Equity Savings Fund - Direct Plan


Hybrid: Equity Savings

1 Lakh

Investment Grown to
₹ 1.21 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.94 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 1.86 0.60 -0.15 2.19 8.68 1.06 7.88 6.51 7.59 -- --
VR MIP TRI 0.99 -0.09 -0.35 2.81 5.30 1.26 5.12 6.19 7.24 -- --
Hybrid: Equity Savings -0.52 0.68 -0.22 2.22 8.62 -1.07 4.43 3.68 5.19 -- --
Rank within category 5 13 8 9 7 6 4 1 1 -- --
Number of funds in category 18 18 18 18 18 18 18 10 5 0 0

As on 04-Aug-2020

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 7.88 6.51 7.59 1.24 1,395
ICICI Prudential Equity Savings Fund - Direct Plan  | Invest Now
4 star
Dec-14 2.52 5.04 -- 0.70 1,159
Axis Equity Saver Fund - Direct Plan  | Invest Online
4 star
Aug-15 5.12 6.19 -- 1.02 688
HDFC Equity Savings Fund - Direct Plan  | Invest Online
3 star
Jan-13 1.08 3.39 7.75 1.27 3,141
SBI Equity Savings Fund - Direct Plan
3 star
May-15 6.26 4.77 7.09 1.01 1,344

Best & Worst Performance

Best (Period) Worst (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 16.21 (26-Dec-2016 - 26-Dec-2017) -9.62 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 6.70 8.22 0.18 0.18 1.18 0.27
VR MIP TRI 6.24 6.56 0.16 0.18 -- --
Hybrid: Equity Savings 4.35 9.07 -0.07 -0.05 1.29 -2.18
Rank within category 2 5 2 2 4 2
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-Jul-2020

Asset Allocation (%)

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Concentration & Valuation

The underlying data is unavailable.

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 -- 5.04 - 7.71 7.71
equal HDFC Bank Term Deposits -- 5.18 - 10.29 5.91
equal 8.51% HDFC 15/07/2020 Non Convertible Debenture AAA 0.00 - 3.59 3.59
equal 8.75% Axis Bank Bonds/Debentures AA+ 1.24 - 1.80 1.80
equal 8.75% Axis Bank 28/06/2022 Bonds AA+ 1.23 - 1.80 1.80
equal Federal Bank Term Deposits -- 1.00 - 1.43 1.43

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
down Grasim Industries Construction 9.28 7.59 0.00 7.59
down Reliance Industries Energy 34.24 9.68 0.97 5.32
down Bharti Airtel Communication -- 3.92 0.00 3.87
down HDFC Financial 14.06 6.76 0.06 3.57
down HDFC Bank Financial 20.09 4.49 0.04 3.40
down Infosys Technology 23.76 3.54 0.37 2.88
down ICICI Bank Financial 22.35 3.32 0.00 2.76
up Hindustan Unilever FMCG 75.34 3.09 0.27 2.59
down Axis Bank Financial 71.57 2.79 0.03 2.16
down Tata Consultancy Services Technology 27.04 2.68 0.20 1.92
down Kotak Mahindra Bank Financial 30.77 1.78 0.00 1.70
down Adani Enterprises Services 17.61 2.06 0.00 1.52
up Vedanta Metals -- 1.85 0.00 1.32
down Larsen & Toubro Construction 15.48 1.86 0.00 1.20
up Hero Motocorp Automobile 14.86 1.17 0.00 1.17
down Titan Company Cons Durable 63.56 1.46 0.00 1.14
up Pidilite Industries Chemicals 61.12 0.92 0.00 0.92
down Mahindra & Mahindra Automobile 589.65 1.31 0.00 0.84
down Nestle India FMCG 76.85 0.97 0.00 0.82
down Bajaj Finance Financial 38.76 3.56 0.73 0.78
down HDFC Life Insurance Financial 93.81 1.00 0.00 0.78
down Dr. Reddy's Lab Healthcare 39.63 1.04 0.00 0.77
up Britannia Inds. FMCG 54.13 0.74 0.00 0.74
up Adani Ports and Special Economic Zone Services 17.00 0.67 0.00 0.67
down Indraprastha Gas Energy 21.77 1.09 0.08 0.67

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 30-Jun-2020

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:

— Arjun Khanna since 09-May-2019

Education: Mr. Khanna has done CFA, FRM, MMS(Finance) & B.E (Electronics)

Experience: Prior to joining Kotak Mahindra Mutual Fund, he was with Principal Mutual Fund and has also worked with Citibank.

Funds Managed:

— Harish Krishnan since 09-May-2019

Education: Mr. Krishnan is a Graduate from Government Engineering College Trichur and MBA from IIM Kozhikode

Experience: Prior to joining Kotak AMC he has worked with Kotak Mahindra (UK) Ltd.

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 Edelweiss Asset Management Limited (since July 2011) he was associated with Edelweiss Securities Limited as Low Risk Arbitrage Trader for over three years.

Funds Managed:


0.60%

Change from previous, NAV as on 04-Aug-2020

Growth: ₹ 15.7808

Dividend Quarterly: ₹ 11.2690

Dividend Monthly: ₹ 11.6440


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
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: 8.16%
Benchmark: NIFTY 50 Arbitrage (75), NIFTY 50 TRI (25)
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 1,395 Cr (As on 30-Jun-2020)
Expense: 1.24% (As on 30-Jun-2020)
Risk Grade: Below Average
Return Grade: Above Average
Turnover: 87.60%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Monthly13-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
 12-Sep-20180.0495
 13-Aug-20180.0501
 12-Jul-20180.0490
 12-Jun-20180.0406
 14-May-20180.0523
Dividend Quarterly22-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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