1M
6M
1Y
3Y
5Y
All
| NAV: 22 Oct 2021 | ₹19.18 |
| Min. SIP amount | ₹1,000 |
| Rating | 4star |
| Fund size | ₹1,574.88 Cr |
Understand terms
Annualised returns
Average of the yearly returns of a mutual fund over a given period.
Absolute returns
The total return of a mutual fund over a given period.
Returns and rankings
Category: Hybrid Equity Savings
Annualised returns
Absolute returns
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 17.8% | 11.5% | 9.9% | 9.7% |
| Category average | 20.4% | 8.3% | 8.2% | NA |
| Rank with in category | 18 | 14 | 5 | NA |
Understand termsinfo
Holdings (69)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
Kotak Money Market Fund Direct-Growth | Financial | Mutual Fund | 12.2% |
GOI | Sovereign | GOI FRB | 9.0% |
ICICI Bank Ltd. | Financial | Equity | 5.3% |
Reliance Industries Ltd. | Energy | Equity | 4.1% |
Kotak Liquid - Plan A - Direct Plan-Growth | Financial | Mutual Fund | 3.9% |
Steel Authority Of India Ltd. | Metals | Equity | 3.3% |
Adani Ports and Special Economic Zone Ltd. | Services | Equity | 3.1% |
Grasim Industries Ltd. | Construction | Equity | 2.9% |
Canara Bank | Financial | Equity | 2.7% |
ITC Ltd. | FMCG | Equity | 2.7% |
See All
Disclaimer
This content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Nextbillion Technology Pvt. Ltd. (Groww), do not guarantee the accuracy of such information, or assure its completeness, or warrant that such information will not be changed.
All comparisons are done with the category average metrics for this category.
Pros and cons
infoCategory: Hybrid Equity Savings
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Pros
3Y and 5Y annualised returns higher than category average
Lower expense ratio: 1.21%
Average credit rating of the fund's holdings: AAA
This fund has holdings of the highest quality
thumb_down_alt
Cons
1Y annualised returns lower than category average by 2.66%
Lower alpha: -1.44
The fund has generated returns lower than benchmark - Groww Debt Hybrid - in the last 3Y
Understand terms
Expense ratio
A fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
Tax
A percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit load
A fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp duty
A form of tax payable for the purchase or sale of an asset or security.
Past expense ratio & exit load
Expense ratio
Exit load
30 Sep 2021 - Present
1.21%
31 Aug 2021 - 30 Sep 2021
1.23%
31 Jul 2021 - 31 Aug 2021
1.23%
30 Jun 2021 - 31 Jul 2021
1.25%
31 May 2021 - 30 Jun 2021
1.25%
30 Apr 2021 - 31 May 2021
1.25%
31 Mar 2021 - 30 Apr 2021
1.26%
28 Feb 2021 - 31 Mar 2021
1.26%
31 Jan 2021 - 28 Feb 2021
1.26%
31 Dec 2020 - 31 Jan 2021
1.24%
30 Nov 2020 - 31 Dec 2020
1.24%
31 Oct 2020 - 30 Nov 2020
1.24%
30 Sep 2020 - 31 Oct 2020
1.24%
31 Aug 2020 - 30 Sep 2020
1.24%
31 Jul 2020 - 31 Aug 2020
1.24%
30 Jun 2020 - 31 Jul 2020
1.24%
31 May 2020 - 30 Jun 2020
1.21%
30 Apr 2020 - 31 May 2020
1.21%
31 Mar 2020 - 30 Apr 2020
1.21%
29 Feb 2020 - 31 Mar 2020
1.21%
31 Jan 2020 - 29 Feb 2020
1.21%
31 Dec 2019 - 31 Jan 2020
1.21%
30 Nov 2019 - 31 Dec 2019
1.27%
31 Oct 2019 - 30 Nov 2019
1.27%
30 Sep 2019 - 31 Oct 2019
1.29%
31 Aug 2019 - 30 Sep 2019
1.29%
31 Jul 2019 - 31 Aug 2019
1.29%
30 Jun 2019 - 31 Jul 2019
1.29%
31 May 2019 - 30 Jun 2019
1.37%
30 Apr 2019 - 31 May 2019
1.37%
31 Mar 2019 - 30 Apr 2019
1.39%
28 Feb 2019 - 31 Mar 2019
1.45%
31 Jan 2019 - 28 Feb 2019
1.45%
31 Dec 2018 - 31 Jan 2019
1.45%
30 Nov 2018 - 31 Dec 2018
1.45%
31 Oct 2018 - 30 Nov 2018
1.45%
30 Sep 2018 - 31 Oct 2018
1.74%
31 Aug 2018 - 30 Sep 2018
1.74%
31 Jul 2018 - 31 Aug 2018
1.74%
30 Jun 2018 - 31 Jul 2018
1.74%
31 May 2018 - 30 Jun 2018
1.50%
30 Apr 2018 - 31 May 2018
1.50%
31 Mar 2018 - 30 Apr 2018
1.39%
28 Feb 2018 - 31 Mar 2018
1.35%
31 Jan 2018 - 28 Feb 2018
1.41%
31 Dec 2017 - 31 Jan 2018
1.31%
30 Nov 2017 - 31 Dec 2017
1.30%
31 Oct 2017 - 30 Nov 2017
1.45%
Expense ratio, exit load and tax
Expense ratio: 1.21%
Inclusive of GST
Exit load
For units in excess of 8% of the investment,1% will be charged for redemption within 365 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 termsinfo
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, 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.
Also manages these schemes
Deepak Gupta
Sep 2014 - Present
View details
Education
Mr. Gupta is a B.Com (H), CA, Cost Accountant and CFA.
Experience
He has been associated with Kotak AMC since 2007.
Also manages these schemes
Harish Krishnan
May 2019 - Present
View details
Education
Mr. Krishnan is a Graduate from Government Engineering College Trichur and MBA from IIM Kozhikode
Experience
Prior to joining Kotak Mahindra Mutual Fund, he was based out of Singapore and Dubai, managing Kotak's offshore funds. He has also worked at Infosys Technologies Ltd in his earlier stint.
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
| Rank (total assets) | #5 in India |
|---|---|
| Total AUM | 2,32,434.26 Cr |
| Date of Incorporation | 23 Jun 1998 |
|---|
Kotak Equity Savings Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was made available to inves
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 23 Jun 1998. 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 ₹2,32,434 Cr and the Latest NAV as of 22 Oct 2021 is ₹19.18.
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
...Read more
Investment Objective
The scheme seeks to generate capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and derivatives segment
The scheme seeks 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.
...Read more
| Fund benchmark | Groww Debt Hybrid |
|---|
Fund house contact details
Address
27 BKC, C-27, G Block, Bandra Kurla Complex, Bandra (E) Mumbai 400051
Phone
022 - 66384444
Launch Date
23 Jun 1998
E-mail
[email protected]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,
Website
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