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Kotak Tax Saver Regular Plan

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Equity: ELSS

1 Lakh

Investment Grown to
₹ 1.43 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.09 Lakh

Analyst's Choice?

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 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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Annual Returns
Quarterly Returns
Monthly Returns
Weekly Returns

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(₹)
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Trailing Returns (%)

YTD 1 Month 3 Months 1 Years 3 Years 5 Years 10 Years
Fund 11.64 1.76 9.48 12.24 12.60 9.84 10.98
S&P BSE 500 TRI 7.97 1.57 8.28 9.13 13.06 9.29 10.22
Equity: ELSS 7.31 1.02 7.98 8.28 11.07 8.55 10.98
Rank within category 9 10 8 10 13 8 14
Number of funds in category 35 38 37 35 34 29 26

As on 13-Dec-2019

Best & Worst Performance

Best (Period) Worst (Period)
Month 35.18 (11-May-2009 - 10-Jun-2009) -35.95 (12-May-2006 - 13-Jun-2006)
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 12.13 12.93 0.49 0.78 0.95 -0.60
S&P BSE 500 TRI 13.11 13.17 0.56 0.86 -- --
Equity: ELSS 11.17 13.43 0.40 0.61 0.96 -1.64
Rank within category 14 10 12 13 15 12
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-Nov-2019

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 52
Top 10 Stocks (%) 44.70
Top 5 Stocks (%) 29.32
Top 3 Sectors (%) 52.55
Portfolio P/B Ratio 3.07
Portfolio P/E Ratio 26.23

Portfolio Aggregates

Fund Benchmark Category
Average Mkt Cap (Rs Cr) 64,739 2,78,517 96,702
Giant (%) 41.99 59.50 52.39
Large (%) 14.82 18.52 15.16
Mid (%) 32.45 16.63 24.27
Small (%) 10.74 5.32 8.53
Tiny (%) -- 0.01 0.27

Value Research Fund Style

Sector Allocation vis-à-vis Benchmark

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal Reliance Industries Energy 23.66 7.85 4.16 6.89
equal ICICI Bank Financial 67.85 6.64 2.50 6.57
equal HDFC Bank Financial 29.44 6.92 5.22 5.99
equal Axis Bank Financial 47.40 6.65 1.37 5.78
equal GSK Consumer Healthcare FMCG 32.41 4.42 0.00 4.20
equal Tata Consultancy Services Technology 24.64 4.99 0.00 3.91
equal Larsen & Toubro Construction 19.34 4.68 1.80 3.73
equal SRF Diversified 22.19 3.39 1.00 3.08
equal AU Small Finance Bank Financial 41.91 3.59 0.00 2.78
down Infosys Technology 19.62 4.42 2.16 2.78
equal Thermax Engineering 41.46 2.70 0.80 2.52
up Bajaj Auto Automobile 18.04 2.47 0.00 2.47
equal Shree Cement Construction 56.60 3.79 2.30 2.42
equal Kotak Mahindra Bank Financial 39.61 2.61 0.00 2.39
equal Ultratech Cement Construction 36.44 2.93 1.80 2.10
equal SKF India Engineering 31.75 2.61 1.70 1.99
equal Rail Vikas Nigam Construction 6.87 2.22 0.00 1.81
up Coromandel International Chemicals 17.94 1.67 0.00 1.67
equal The Ramco Cements Construction 28.99 2.04 1.15 1.59
equal Dr. Reddy's Lab Healthcare 17.08 1.83 0.00 1.55
equal Nestle India FMCG 74.23 1.51 0.00 1.51
equal ABB Engineering 85.63 1.60 0.00 1.48
equal Solar Industries Chemicals 31.74 1.85 1.40 1.43
equal HPCL Energy 8.01 3.57 0.00 1.40
equal Bata India FMCG 60.07 1.63 0.00 1.37

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-Oct-2019

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
0.76%

Change from previous, NAV as on 13-Dec-2019

Growth: ₹ 46.3530

Dividend: ₹ 19.0550

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
Benchmark: NIFTY 500 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 1,030 Cr (As on 30-Nov-2019)
Expense: 2.38% (As on 30-Nov-2019)
Risk Grade: Average
Return Grade: Above Average
Turnover: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend27-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: 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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