VR Logo
4 star

Kotak Tax Saver Regular Plan

Add to watchlist
Add to My Investments
Equity: ELSS

Analysts' Choice?unlock it

1 Lakh

Investment Grown to
₹ 1.85 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.53 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.

Read more

ajax-loader
Please wait...

Rolling Return Graph Demo Header

To see this data, become a Value Research Premium member

Value Research Premium
Annual Returns
Quarterly Returns
Monthly Returns
Weekly Returns

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 33.18 -0.47 -1.39 2.44 9.55 22.92 53.80 22.73 15.31 15.34 15.78
S&P BSE 500 TRI 35.93 -0.50 -1.76 3.68 15.04 29.28 60.84 23.03 17.01 14.96 15.84
Equity: ELSS 35.00 -0.41 -1.76 3.55 13.13 28.39 58.27 21.61 14.98 14.33 16.25
Rank within category 24 26 14 28 34 34 25 11 13 10 16
Number of funds in category 38 38 38 38 38 38 38 35 34 29 27

As on 21-Oct-2021

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
4 star
 Nov-05 53.80 22.73 15.31 2.04% 2,296
Axis Long Term Equity Fund
4 star
 Dec-09 61.77 24.90 18.16 1.51% 34,371
Mirae Asset Tax Saver Fund - Regular Plan  | Invest Online
5 star
 Dec-15 61.96 26.90 20.74 1.66% 9,832
DSP Tax Saver Fund  | Invest Online
4 star
 Jan-07 65.90 25.94 16.38 1.76% 9,756
IDFC Tax Advantage (ELSS) Fund - Regular Plan
4 star
 Dec-08 80.05 24.22 18.05 1.93% 3,439

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) 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 20.83 20.82 0.81 0.75 0.92 1.40
S&P BSE 500 TRI 20.70 22.02 0.76 0.86 -- --
Equity: ELSS 19.52 21.54 0.72 0.78 0.95 -0.34
Rank within category 11 11 11 20 11 11
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 30-Sep-2021

Asset Allocation (%)

ajax-loader
Please wait...

Concentration & Valuation

Number of Stocks 54
Top 10 Stocks (%) 44.17
Top 5 Stocks (%) 27.64
Top 3 Sectors (%) 47.65
Portfolio P/B Ratio 3.92
Portfolio P/E Ratio 28.45

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,20,394 1,33,866
Giant (%) 48.03 51.26
Large (%) 17.89 16.18
Mid (%) 29.40 25.11
Small (%) 4.68 7.62
Tiny (%) -- 0.22

Value Research Fund Style

Sector Allocation vis-à-vis Category

ajax-loader
Please wait...

Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal ICICI Bank Financial 26.23 8.37 3.89 7.63
equal Infosys Technology 35.31 6.78 2.58 5.84
equal State Bank of India Financial 17.95 5.23 0.00 5.23
down SRF Diversified 47.48 4.67 1.20 4.67
equal Larsen & Toubro Construction 20.36 4.58 2.12 4.27
equal HDFC Bank Financial 27.18 6.67 3.21 3.82
equal Tata Consultancy Services Technology 35.73 6.10 2.64 3.70
equal Reliance Industries Energy 36.84 8.88 2.85 3.29
equal Bajaj Finance Financial 104.71 3.18 0.00 3.17
equal Linde India Chemicals 43.26 2.55 0.91 2.55
equal Axis Bank Financial 29.35 6.65 2.40 2.42
equal Gujarat Gas Energy 25.59 2.83 0.00 2.36
equal Jindal Steel & Power Metals 12.65 3.19 0.56 2.29
down Ultratech Cement Construction 32.27 2.84 1.80 2.26
new Sun Pharmaceutical Industries Healthcare 32.67 2.14 0.00 2.14
equal Cipla Healthcare 28.95 2.68 0.00 2.14
equal AU Small Finance Bank Financial 31.60 4.10 1.52 2.03
equal Cadila Healthcare Healthcare 23.04 2.68 0.60 1.92
equal Coromandel International Chemicals 17.28 2.71 0.00 1.90
new United Spirits FMCG 89.26 1.67 0.00 1.67
equal Thermax Engineering 61.30 2.70 1.55 1.63
up Bharti Airtel Communication 361.65 2.98 0.00 1.52
equal Cummins India Engineering 29.54 1.75 0.00 1.51
equal Hindustan Unilever FMCG 68.41 5.34 0.00 1.47
equal Balkrishna Industries Automobile 35.08 1.45 0.00 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

As on 30-Sep-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:

Invest Online
-0.47%

Change from previous, NAV as on 21-Oct-2021

Growth: ₹ 71.6100

IDCW: ₹ 26.8000

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: 23-Nov-2005
Return Since Launch: 13.16%
Benchmark: NIFTY 500 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 2,296 Cr (As on 30-Sep-2021)
Expense: 2.04% (As on 30-Sep-2021)
Risk Grade: Below Average
Return Grade: Above Average
Turnover: 31.52%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW23-Dec-20200.3990

 28-Sep-20200.3490
 12-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: https://www.kotakmf.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

Upcoming Video

Investors' Hangout

The investment mindset: These women show the way

DateFriday, 29-Oct-2021
Time12:30 PM - 01:00 PM

Reserve your Spot