Kotak Equity Savings Fund Direct Growth+0.33%

4
3.70%
1 Year Return
Hybrid
Equity Savings
4.0star
6M
1Y
3Y
5Y
All

Fund Details

Kotak Equity Savings Fund Direct Growth

RiskModerately High
Min SIP Amount₹1000
Expense Ratio1.21%
NAV15.44 (03 Jul 2020)
Fund Started13 Oct 2014
Fund Size1,409 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Kotak Equity Savings Fund Direct Growth
3.7%
6.5%
7.3%
7.9%
Category Average
-2.9%
2.0%
4.6%
-
Rank within category
3
2
2
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 3.7% annual returns

    Comparison

    Data not available
    Pros
    1. 1Y Returns are higher than the category average returns
    2. 3Y Returns are higher than the category average returns
    3. 5Y Returns are higher than the category average returns
    Cons
    1. Risk-adjusted returns are lower compared to the category

    Top Holdings

    NameSectorInstrument% Assets
    Reliance Industries Ltd.EnergyEquity7.6%
    Kotak Money Market Fund Direct-GrowthFinancialMutual Fund7.6%
    Grasim Industries Ltd.ConstructionEquity7.2%
    HDFC Bank Ltd.FinancialTerm Deposits5.5%
    Housing Development Finance Corpn. Ltd.FinancialEquity4.5%
    Bharti Airtel Ltd.CommunicationEquity3.9%
    Housing Development Finance Corpn. Ltd.FinancialNCD3.6%
    HDFC Bank Ltd.FinancialEquity3.5%
    ICICI Bank Ltd.FinancialEquity3.0%
    Infosys Ltd.TechnologyEquity2.8%
    See All

    Fund Managers

    addAbhishek Bisen
    Education
    Mr. Bisen is a BA and MBA in Finance.
    Experience
    Prior to joining Kotak AMC, Abhishek 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.
    Funds Managed
    addDeepak Gupta
    Education
    Mr. Gupta is a B.Com (H), CA, Cost Accountant and CFA.
    Experience
    He has been associated with Kotak AMC since 2007.
    Funds Managed
    addHiten Shah
    Education
    Mr. Shah is a Masters in Management Studies (Finance) from Mumbai University.
    Experience
    Prior to joining Edelweiss Asset Management Limited (since July 2011) he was associated with Edelweiss Securities Limited as Low Risk Arbitrage Trader for over three years.
    Funds Managed
    addArjun Khanna
    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.
    Funds Managed

    Kotak Equity Savings Fund Direct Growth Details

    Kotak Equity Savings Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was made available to investors on 13 Oct 2014. Abhishek Bisen, Deepak Gupta is the Current Fund Manager of Kotak Equity Savings Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹1,409 Cr and the Latest NAV as of 03 Jul 2020 is ₹15.44.

    The Kotak Equity Savings Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000. For units in excess of 8% of the investment,1% will be charged for redemption within 365 days

    Investment Objective

    The investment objective of the scheme is to generate capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and derivatives segment of the equity market, and enhance returns with a moderate exposure in equity & equity related instruments. There is no assurance or guarantee that the investment objective of the scheme will be achieved.

    Tax Implications

    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.

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹1000
    Min for Second Investment
    For units in excess of 8% of the investment,1% will be charged for redemption within 365 days
    Exit Load

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    About Kotak Mahindra Mutual Fund

    Address
    27 BKC, C-27, G Block, Bandra Kurla Complex, Bandra (E) Mumbai 400051
    Phone
    022 - 66384444
    Launch Date
    23 Jun 1998
    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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