| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.98% |
| NAV | ₹21.75 (30 Oct 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹1,275 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 8.9% |
| Infosys Ltd. | Technology | Equity | 6.5% |
| Tata Consultancy Services Ltd. | Technology | Equity | 5.9% |
| Hindustan Unilever Ltd. | FMCG | Equity | 4.4% |
| ICICI Bank Ltd. | Financial | Equity | 3.9% |
| SRF Ltd. | Diversified | Equity | 3.4% |
| Dr. Reddy's Laboratories Ltd. | Healthcare | Equity | 3.3% |
| HDFC Bank Ltd. | Financial | Equity | 3.2% |
| Britannia Industries Ltd. | FMCG | Equity | 3.0% |
| Axis Bank Ltd. | Financial | Equity | 2.5% |
Kotak Tax Saver Fund Direct Dividend is a Equity Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Harsha Upadhyaya is the Current Fund Manager of Kotak Tax Saver Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹1,275 Cr and the Latest NAV as of 30 Oct 2020 is ₹21.75.
The Kotak Tax Saver Fund Direct Dividend is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500.
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.
Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.