Kotak Tax Saver Fund Direct Growth-0.04%

5Groww
13.57%
1 Year Return
Equity
ELSS
5.0 star
6M
1Y
3Y
5Y
All

Fund Details

Kotak Tax Saver Fund Direct Growth

RiskModerately High
Min SIP Amount₹500
Expense Ratio1.26%
NAV50.14 (06 Dec 2019)
Fund Started01 Jan 2013
Fund Size987 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Kotak Tax Saver Fund Direct Growth
13.6%
14.0%
10.5%
13.9%
Category Average
-6.3%
6.2%
9.9%
-
Rank within category
8
9
5
-
*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 13.6% annual returns

    Comparison

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

    Top Holdings

    NameSectorInstrument% Assets
    Reliance Industries Ltd.EnergyEquity6.9%
    ICICI Bank Ltd.FinancialEquity6.6%
    HDFC Bank Ltd.FinancialEquity6.0%
    Axis Bank Ltd.FinancialEquity5.8%
    Glaxosmithkline Consumer Healthcare Ltd.FMCGEquity4.2%
    Tata Consultancy Services Ltd.TechnologyEquity3.9%
    Larsen & Toubro Ltd.ConstructionEquity3.7%
    SRF Ltd.DiversifiedEquity3.1%
    Infosys Ltd.TechnologyEquity2.8%
    AU Small Finance Bank Ltd.FinancialEquity2.8%
    See All

    Other Details

    Kotak Tax Saver Fund Direct Growth is a Equity Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Harsha Upadhyaya is the Current Fund Manager of Kotak Tax Saver Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹987 Cr and the Latest NAV as of 06 Dec 2019 is ₹50.14.

    The Kotak Tax Saver Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 500. Nil.

    Investment Objective

    The investment objective of the scheme is 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 permitted from time to time.

    Tax Implications

    Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.

    Scheme Information Document(SID)

    ₹500
    Min for First Investment
    ₹500
    Min for Second Investment
    Nil
    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
    22 Jun 1998
    Kotak Mahindra Mutual Fund
    Asset Management Company
    Custodian
    Deutsche Bank
    Registrar & Transfer Agent
    Cams
    Address
    7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
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