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Kotak Tax Saver Regular Plan

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Equity: ELSS

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1 Lakh

Investment Grown to
₹ 1.48 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.95 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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(₹)
cal
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 10.89 -1.26 3.16 4.41 14.81 35.70 30.51 13.87 16.58 17.78 12.96
S&P BSE 500 TRI* 9.21 -1.16 2.99 2.34 14.67 34.52 37.49 12.72 16.61 15.85 12.42
Equity: ELSS* 9.03 -1.18 2.59 2.19 14.25 32.40 31.51 10.35 15.13 16.04 13.19
Rank within category* 9 26 5 3 16 10 21 6 10 7 15
Number of funds in category* 38 38 38 38 38 38 38 35 33 29 27

As on 05-Mar-2021

* As on 07-Mar-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 30.51 13.87 16.58 2.21 1,540
Axis Long Term Equity Fund
4 star
 Dec-09 26.55 15.54 17.10 1.61 25,508
DSP Tax Saver Fund  | Invest Online
4 star
 Jan-07 34.32 13.27 17.35 1.85 7,332
Mirae Asset Tax Saver Fund - Regular Plan  | Invest Online
5 star
 Dec-15 42.61 16.92 22.31 1.83 5,648
UTI Long Term Equity Fund  | Invest Online
4 star
 Dec-99 32.93 12.00 14.91 2.12 1,641

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 14.05 21.84 0.43 0.45 0.93 1.33
S&P BSE 500 TRI 13.30 23.03 0.38 0.45 -- --
Equity: ELSS 11.22 22.63 0.29 0.34 0.96 -1.72
Rank within category 7 10 6 10 11 6
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 28-Feb-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 50
Top 10 Stocks (%) 41.60
Top 5 Stocks (%) 26.11
Top 3 Sectors (%) 41.95
Portfolio P/B Ratio 3.89
Portfolio P/E Ratio 30.00

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 89,178 1,10,550
Giant (%) 44.77 52.11
Large (%) 14.15 15.12
Mid (%) 34.13 24.30
Small (%) 6.95 8.62
Tiny (%) -- 0.47

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 Infosys Technology 30.15 6.78 2.58 6.64
down Tata Consultancy Services Technology 36.13 6.10 0.00 5.48
down ICICI Bank Financial 28.58 7.07 2.63 5.23
down Reliance Industries Energy 34.87 8.88 4.79 4.79
equal Hindustan Unilever FMCG 70.63 5.34 0.00 3.97
equal SRF Diversified 33.26 3.83 1.00 3.66
equal HDFC Bank Financial 27.48 6.92 3.21 3.43
equal Axis Bank Financial 74.87 6.65 1.37 3.12
equal Cipla Healthcare 29.03 2.68 0.00 2.68
equal Ultratech Cement Construction 28.66 2.84 1.80 2.60
equal Larsen & Toubro Construction 17.89 4.58 2.12 2.60
equal Dr. Reddy's Lab Healthcare 34.32 3.25 0.00 2.39
equal Cadila Healthcare Healthcare 24.52 2.68 0.60 2.35
equal Jindal Steel & Power Metals 15.92 2.36 0.56 2.30
equal AU Small Finance Bank Financial 34.58 4.10 1.03 2.27
equal Coromandel International Chemicals 16.35 2.71 0.00 2.20
equal HDFC Life Insurance Financial 107.07 2.08 0.00 2.07
equal Gujarat Gas Chemicals 31.10 2.39 0.00 2.04
equal Shree Cement Construction 49.66 2.81 1.78 1.78
equal Thermax Engineering 120.12 2.70 1.55 1.77
equal Nestle India FMCG 77.67 2.58 1.08 1.66
equal Cummins India Engineering 37.15 1.51 0.00 1.51
equal United Breweries FMCG 552.72 1.63 0.00 1.48
equal Sheela Foam Textiles 46.89 1.33 0.00 1.33
equal Linde India Chemicals 96.99 1.46 0.75 1.33

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-Jan-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
-1.26%

Change from previous, NAV as on 05-Mar-2021

Growth: ₹ 59.6260

Dividend: ₹ 22.3150

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: 12.39%
Benchmark: NIFTY 500 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 1,540 Cr (As on 31-Jan-2021)
Expense: 2.21% (As on 31-Jan-2021)
Risk Grade: Average
Return Grade: Above Average
Turnover: 25.68%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend23-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: 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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