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Home>Mutual Funds>Kotak Mahindra Mutual Fund>Kotak Equity Savings Fund Direct IDCW Monthly

Kotak Equity Savings Fund Direct IDCW Monthly

Hybrid
Equity Savings
Moderately High Risk
Payout
11.28%
3Y annualised
+0.07% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 18 Aug 2022₹14.66
Min. SIP amount₹1,000
Rating4
Fund size₹1,926.22Cr

Returns and rankings

Category: Hybrid Equity Savings
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns9.3%11.3%9.2%9.4%
Category average20.4%8.3%8.2%NA
Rank with in category194NA
Understand terms

Holdings (65)

NameSectorInstrumentAssets
Kotak Money Market Fund Direct-Growth
FinancialMutual Fund10.3%
ICICI Bank Ltd.FinancialEquity6.3%
Adani Ports and Special Economic Zone Ltd.ServicesEquity5.1%
Reliance Industries Ltd.EnergyEquity4.9%
GOI
SovereignGOI FRB3.8%
Maruti Suzuki India Ltd.AutomobileEquity3.5%
Adani Enterprises Ltd.ServicesEquity3.4%
ITC Ltd.Consumer StaplesEquity3.3%
Kotak Liquid - Plan A - Direct Plan-Growth
FinancialMutual Fund3.3%
Infosys Ltd.TechnologyEquity2.8%
See All

Pros and cons

Category: Hybrid Equity Savings

Pros

Cons

1Y category rank: 1
1Y annualised returns lower than category average by 11.17%
3Y and 5Y annualised returns higher than category average
Higher expense ratio: 1.1%
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: 1.10%

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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FAQs

How to Invest in Kotak Equity Savings Fund Direct IDCW Monthly?

You can easily invest in Kotak Equity Savings Fund Direct IDCW Monthly in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:

  • Log on to your Groww account
  • Search for Kotak Equity Savings Fund Direct IDCW Monthly from the search box
  • In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
  • Once you are done with that, you can start investing in Kotak Equity Savings Fund Direct IDCW Monthly as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Kotak Equity Savings Fund Direct IDCW Monthly provide?

The Kotak Equity Savings Fund Direct IDCW Monthly has been there from 13 Oct 2014 and the average annual returns provided by this fund is 9.25% since its inception.

How much expense ratio is charged by Kotak Equity Savings Fund Direct IDCW Monthly?

The term Expense Ratio used for Kotak Equity Savings Fund Direct IDCW Monthly or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund.

The Expense Ratio of Kotak Equity Savings Fund Direct IDCW Monthly is 1.10% as of 19 Aug 2022...

What is the AUM of Kotak Equity Savings Fund Direct IDCW Monthly?

The AUM, short for Assets Under Management of Kotak Equity Savings Fund Direct IDCW Monthly is ₹1,926.22Cr as of 19 Aug 2022.

How to Redeem Kotak Equity Savings Fund Direct IDCW Monthly?

If you want to sell your Kotak Equity Savings Fund Direct IDCW Monthly holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Kotak Equity Savings Fund Direct IDCW Monthly?

You can select either SIP or Lumpsum investment of Kotak Equity Savings Fund Direct IDCW Monthly based on your investment objective and risk tolerance.

What is the NAV of Kotak Equity Savings Fund Direct IDCW Monthly?

The NAV of Kotak Equity Savings Fund Direct IDCW Monthly is ₹14.66 as of 18 Aug 2022.

What is the PE and PB ratio of Kotak Equity Savings Fund Direct IDCW Monthly?

The PE ratio ratio of Kotak Equity Savings Fund Direct IDCW Monthly is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

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