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3 star

Kotak Tax Saver Regular Plan


Equity: ELSS

1 Lakh

Investment Grown to
₹ 1.07 Lakh

₹ 10000

Monthly SIP Declined to
₹ 3.59 Lakh

Suitability:

When you invest for five years or above, you can expect gains that comfortably beat the inflation rate and are also higher than fixed income options. In addition, you get tax exemption on the invested amount under Section 80C of the Indian income tax laws. As per this section, total investments of upto 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 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 paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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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 -10.75 0.41 1.33 6.02 28.07 -11.56 -9.06 2.17 5.69 13.09 9.06
S&P BSE 500 TRI -11.31 0.56 1.69 6.11 31.34 -11.93 -9.52 2.44 5.82 11.36 8.44
Equity: ELSS -11.47 0.52 1.28 5.33 26.86 -11.98 -9.91 0.41 4.52 12.17 9.18
Rank within category 16 33 21 9 16 17 15 12 10 11 13
Number of funds in category 38 38 38 38 38 38 36 34 30 28 27

As on 03-Jul-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Kotak Tax Saver Regular Plan  | Invest Online
3 star
Nov-05 -9.06 2.17 5.69 2.28 1,030
Axis Long Term Equity Fund  | Invest Online
5 star
Dec-09 -5.93 6.06 7.14 1.74 19,127
Aditya Birla Sun Life Tax Relief 96  | Invest Online
4 star
Mar-96 -3.40 2.94 6.73 1.93 9,177
DSP Tax Saver Fund  | Invest Online
4 star
Jan-07 -7.44 2.46 7.00 1.87 5,359
Mirae Asset Tax Saver Fund - Regular Plan  | Invest Online
4 star
Dec-15 -5.50 5.29 -- 1.89 3,141

Best & Worst Performance

Best (Period) Worst (Period)
Week 21.31 (13-May-2009 - 20-May-2009) -21.57 (15-Jan-2008 - 22-Jan-2008)
Month 35.18 (11-May-2009 - 10-Jun-2009) -36.22 (20-Feb-2020 - 23-Mar-2020)
Quarter 76.81 (09-Mar-2009 - 10-Jun-2009) -41.52 (02-Sep-2008 - 02-Dec-2008)
Year 106.06 (09-Mar-2009 - 11-Mar-2010) -62.18 (14-Jan-2008 - 13-Jan-2009)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 4.26 21.03 -0.05 -0.05 0.96 -0.07
S&P BSE 500 TRI 4.28 21.61 -0.05 -0.05 -- --
Equity: ELSS 2.32 21.15 -0.14 -0.15 0.95 -2.02
Rank within category 10 15 10 10 19 10
Number of funds in category 34 34 34 34 34 34

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

As on 30-Jun-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 53
Top 10 Stocks (%) 40.69
Top 5 Stocks (%) 25.74
Top 3 Sectors (%) 43.99
Portfolio P/B Ratio 2.43
Portfolio P/E Ratio 20.56

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 63,897 81,886
Giant (%) 44.39 51.09
Large (%) 14.24 16.11
Mid (%) 32.13 24.48
Small (%) 9.24 8.30
Tiny (%) -- 0.22

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
up Reliance Industries Energy 30.71 7.85 4.42 6.92
equal ICICI Bank Financial 24.44 7.07 2.63 5.48
up Hindustan Unilever FMCG 75.58 5.34 0.00 5.34
equal HDFC Bank Financial 21.64 6.92 4.44 4.44
equal SRF Diversified 20.57 3.75 1.00 3.56
equal Larsen & Toubro Construction 13.89 4.68 1.83 3.17
up Dr. Reddy's Lab Healthcare 32.17 3.16 0.00 3.16
equal Axis Bank Financial 65.25 6.65 1.37 2.91
equal Tata Consultancy Services Technology 25.51 4.99 0.00 2.87
equal Ultratech Cement Construction 19.29 2.84 1.80 2.84
equal Infosys Technology 19.57 4.42 2.16 2.68
up Cadila Healthcare Healthcare 31.87 2.68 0.60 2.68
equal Nestle India FMCG 79.21 2.58 0.00 2.56
equal Coromandel International Chemicals 20.63 2.55 0.00 2.55
equal Shree Cement Construction 53.77 3.33 2.28 2.43
equal Kotak Mahindra Bank Financial 31.17 3.00 0.00 2.38
equal Gujarat Gas Chemicals 18.48 2.16 0.00 1.99
equal Bajaj Auto Automobile 16.29 2.47 0.00 1.97
equal Thermax Engineering 42.96 2.70 0.80 1.90
equal United Breweries FMCG 64.11 1.63 0.00 1.63
equal Jindal Steel & Power Metals -- 2.06 0.00 1.59
equal AU Small Finance Bank Financial 25.73 4.10 0.93 1.52
equal ICICI Lombard General Insurance Company Financial 48.83 1.52 0.00 1.52
equal The Ramco Cements Construction 25.00 1.64 1.15 1.47
new Britannia Inds. FMCG 60.71 1.35 0.00 1.35

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-2020

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:


0.41%

Change from previous, NAV as on 03-Jul-2020

Growth: ₹ 41.7510

Dividend: ₹ 16.2630


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
Exit Load 0

Basic Details

Fund House: Kotak Mahindra Mutual Fund
Launch Date: 23-Nov-2005
Return Since Launch: 10.27%
Benchmark: NIFTY 500 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 1,030 Cr (As on 31-May-2020)
Expense: 2.28% (As on 31-May-2020)
Risk Grade: Average
Return Grade: Average
Turnover: 9.25%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend12-Jun-20200.1550

 27-Mar-20200.2878
 26-Dec-20190.3346
 27-Sep-20190.3108
 27-Jun-20190.3488
 29-Mar-20190.3276
 24-Dec-20180.3276
 26-Sep-20180.3453
 28-Jun-20180.3364
 23-Mar-20180.3800
 29-Dec-20170.4000
 28-Sep-20170.4000
 29-Jun-20170.4000
 29-Mar-20170.7500
 27-Jan-20170.7200
 22-Mar-20160.6500
 21-Jan-20160.7000
 30-Dec-20140.1000
 28-Nov-20140.5000
 08-Feb-20083.5000
 20-Feb-20073.0000

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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