Kotak Tax Saver Fund Direct Growth

Equity
ELSS
Very High Risk
3Y Lock In
16.92%
3Y annualised
+0.97% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 31 Jan 2023₹84.49
Min. SIP amount₹500
Rating4
Fund size₹3,161.09Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns4.8%16.9%13.1%15.1%
Category average0.6%14.4%8.9%NA
Rank with in category7144NA
Understand terms

Holdings (57)

NameSectorInstrumentAssets
ICICI Bank Ltd.FinancialEquity7.3%
State Bank of IndiaFinancialEquity5.8%
Axis Bank Ltd.FinancialEquity5.3%
Reliance Industries Ltd.EnergyEquity4.0%
Infosys Ltd.TechnologyEquity3.8%
Larsen & Toubro Ltd.ConstructionEquity3.8%
ITC Ltd.Consumer StaplesEquity3.3%
Maruti Suzuki India Ltd.AutomobileEquity3.0%
SRF Ltd.DiversifiedEquity2.6%
Jindal Steel & Power Ltd.Metals & MiningEquity2.5%
See All

Pros and cons

Category: Equity ELSS

Pros

Cons

Consistently higher annualised returns than category average for the past 1Y, 3Y, 5Y and 10Y
Lock-in period: 3Y
Higher alpha: 2.18 The fund has generated returns higher than benchmark - NIFTY 500 Total Return Index - in the last 3Y
Exit load is zero
Lower expense ratio: 0.68%

Expense ratio, exit load and tax

Expense ratio: 0.68%

Inclusive of GST

Exit load

Nil

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₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹500

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
Deutsche Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

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