|Min SIP Amount||₹500|
|NAV||₹30.03 (22 Jun 2021)|
|Fund Started||01 Jan 2013|
|Fund Size||₹1,988 Cr|
|ICICI Bank Ltd.||Financial||Equity||8.3%|
|State Bank of India||Financial||Equity||4.5%|
|HDFC Bank Ltd.||Financial||Equity||4.2%|
|Tata Consultancy Services Ltd.||Technology||Equity||3.6%|
|Reliance Industries Ltd.||Energy||Equity||3.3%|
|Jindal Steel & Power Ltd.||Metals||Equity||2.8%|
|Axis Bank Ltd.||Financial||Equity||2.7%|
|Ultratech Cement Ltd.||Construction||Equity||2.5%|
Kotak Tax Saver Fund Direct IDCW 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 IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹1,988 Cr and the Latest NAV as of 22 Jun 2021 is ₹30.03.
The Kotak Tax Saver Fund Direct IDCW is rated Very 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%.