Kotak Equity Savings Fund Direct Growth

Hybrid
Equity Savings
Moderate Risk
10.35%
3Y annualised
-0.12% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 01 Feb 2023₹20.90
Min. SIP amount₹1,000
Rating4
Fund size₹2,082.76Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Hybrid Equity Savings
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns6.3%10.3%8.8%9.3%
Category average1.9%7.8%6.2%NA
Rank with in category152NA
Understand terms

Holdings (61)

NameSectorInstrumentAssets
Kotak Money Market Fund Direct-Growth
FinancialMutual Fund9.7%
Adani Ports and Special Economic Zone Ltd.ServicesEquity5.1%
ICICI Bank Ltd.FinancialEquity4.9%
Adani Enterprises Ltd.ServicesEquity4.7%
Reliance Industries Ltd.EnergyEquity4.3%
GOI
SovereignGOI FRB3.6%
Bank Of BarodaFinancialEquity3.5%
Sun Pharmaceutical Industries Ltd.HealthcareEquity3.2%
Kotak Liquid - Plan A - Direct Plan-Growth
FinancialMutual Fund3.1%
Maruti Suzuki India Ltd.AutomobileEquity3.1%
See All

Pros and cons

Category: Hybrid Equity Savings

Pros

Cons

Consistently higher annualised returns than category average for the past 1Y, 3Y and 5Y
Higher expense ratio: 1.05%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality

Expense ratio, exit load and tax

Expense ratio: 1.05%

Inclusive of GST

Exit load

For units in excess of 8% of the investment,1% will be charged for redemption within 90 days.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹1,000

Fund management

Abhishek Bisen
Sep 2014 - Present
View details

Education
Mr. Bisen is a BA and MBA in Finance.
Experience
Prior to joining Kotak AMC, he was working with Securities Trading Corporation Of India Ltd where he was looking at Sales & Trading of Fixed Income Products apart from doing Portfolio Advisory. His earlier assignments also include 2 years of merchant banking experience with a leading merchant banking firm.
Also manages these schemes

Devender Singhal
Apr 2021 - Present
View details

Education
Mr. Singhal has done B.A. (Maths) from Delhi University and PGDM, Finance from Fore School of Management, Delhi.
Experience
Prior to joining Kotak Mahindra AMC , he has worked with Kotak Securities Ltd.(July 2007 -- January 2009) ,Religare (February 2006 -- June 2007), Karvy (July 2004 -- January 2006), P N Vijay Financial Services Pvt Ltd(2001 -- 2004) and Dundee Mutual Fund( Summer Trainee ) (May 2000 -- June 2000 ).
Also manages these schemes

Hiten Shah
Oct 2019 - Present
View details

Education
Mr. Shah is a Masters in Management Studies (Finance) from Mumbai University.
Experience
Prior to joining Kotak Mahindra Mutual fund, he was associated with Edelweiss Asset Management for more than 8 years as a CoFund manager and Chief dealer in equities segment. He was also associated with Edelweiss securities Ltd. as low risk arbitrage trader for more than 3 years.
Also manages these schemes

Arjun Khanna
May 2019 - Present
View details

Education
Mr. Khanna has done CFA, FRM, MMS(Finance) & B.E (Electronics)
Experience
Prior to joining Kotak Mahindra Mutual Fund, he was with Principal Mutual Fund and has also worked with Citibank.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
27 BKC, C-27, G Block,Bandra Kurla Complex,Bandra (E) Mumbai 400051
Phone
022-61152100 / 1800-22-2626
Launch Date
05 Aug 1994
Website
NA
Kotak Mahindra Mutual Fund
Asset Management Company
Custodian
Stock Holding Corp. of India Ltd.
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

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