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Kotak Tax Saver Regular Plan

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Equity: ELSS

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1 Lakh

Investment Grown to
₹ 1.08 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.93 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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Annual Returns
Quarterly Returns
Monthly Returns
Weekly Returns

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(₹)
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cal

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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 -4.67 -2.72 -0.99 -0.43 10.74 25.13 2.60 2.67 7.76 14.43 8.20
S&P BSE 500 TRI -4.44 -2.62 -1.87 -1.02 11.59 31.34 2.35 2.86 8.43 12.08 7.83
Equity: ELSS -4.75 -2.69 -1.60 -1.33 10.79 26.04 1.27 0.84 6.80 13.05 8.59
Rank within category 16 21 7 10 16 20 14 9 13 7 14
Number of funds in category 38 38 38 38 38 38 37 34 30 29 27

As on 21-Sep-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 2.60 2.67 7.76 2.22 1,244
Axis Long Term Equity Fund  | Invest Online
5 star
 Dec-09 -0.03 4.79 8.28 1.72 21,905
Aditya Birla Sun Life Tax Relief 96  | Invest Online
4 star
 Mar-96 5.08 2.54 8.13 1.89 11,001
DSP Tax Saver Fund  | Invest Online
4 star
 Jan-07 -0.88 1.52 8.65 1.88 6,298
Mirae Asset Tax Saver Fund - Regular Plan  | Invest Online
5 star
 Dec-15 7.05 5.97 -- 1.90 4,181

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 5.29 21.04 0.01 0.01 0.95 -0.98
S&P BSE 500 TRI 6.34 21.82 0.05 0.06 -- --
Equity: ELSS 4.25 21.39 -0.04 -0.04 0.95 -2.02
Rank within category 15 13 15 15 15 16
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 31-Aug-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 47
Top 10 Stocks (%) 44.34
Top 5 Stocks (%) 28.67
Top 3 Sectors (%) 40.85
Portfolio P/B Ratio 3.31
Portfolio P/E Ratio 27.91

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 79,278 96,921
Giant (%) 45.43 50.93
Large (%) 13.41 16.68
Mid (%) 31.56 24.21
Small (%) 9.61 8.37
Tiny (%) -- 0.16

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 Reliance Industries Energy 35.40 8.71 4.82 8.48
up Infosys Technology 25.05 6.16 2.16 6.16
up Tata Consultancy Services Technology 29.90 4.99 0.00 4.99
equal Hindustan Unilever FMCG 68.87 5.34 0.00 4.60
equal ICICI Bank Financial 23.88 7.07 2.63 4.44
equal SRF Diversified 23.13 3.75 1.00 3.42
equal HDFC Bank Financial 20.16 6.92 3.26 3.41
equal Axis Bank Financial 75.57 6.65 1.37 3.10
equal Britannia Inds. FMCG 50.49 3.18 0.00 3.00
equal Dr. Reddy's Lab Healthcare 44.32 3.16 0.00 2.74
equal Larsen & Toubro Construction 14.51 4.68 2.11 2.66
equal Coromandel International Chemicals 18.34 2.71 0.00 2.49
equal Cadila Healthcare Healthcare 30.35 2.68 0.60 2.39
equal Ultratech Cement Construction 21.25 2.84 1.80 2.35
equal Kotak Mahindra Bank Financial 30.12 3.00 0.00 2.25
equal Jindal Steel & Power Metals 269.59 2.23 0.00 2.23
equal Gujarat Gas Chemicals 20.49 2.39 0.00 2.22
equal AU Small Finance Bank Financial 29.95 4.10 1.03 2.15
equal Shree Cement Construction 45.87 3.33 1.96 1.96
equal Nestle India FMCG 70.66 2.58 0.00 1.92
equal Bajaj Auto Automobile 18.88 2.47 0.00 1.79
equal Thermax Engineering 65.95 2.70 1.66 1.69
equal Blue Dart Express Services -- 1.45 0.21 1.45
equal United Breweries FMCG 169.44 1.63 0.00 1.42
equal The Ramco Cements Construction 32.51 1.64 1.15 1.39

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-Aug-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:

Invest Online
-2.72%

Change from previous, NAV as on 21-Sep-2020

Growth: ₹ 44.5940

Dividend: ₹ 17.3700

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: 10.60%
Benchmark: NIFTY 500 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 1,244 Cr (As on 31-Aug-2020)
Expense: 2.22% (As on 31-Aug-2020)
Risk Grade: Average
Return Grade: Average
Turnover: 13.86%

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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