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Kotak Tax Saver Fund Direct Growth+0.59%

59.85%
1 Year Return
Equity
ELSS
4.0star
6M
1Y
3Y
5Y
All

Fund Details

Kotak Tax Saver Fund Direct Growth

RiskVery High
Min SIP Amount₹500
Expense Ratio0.85%
NAV₹65.06 (22 Apr 2021)
Fund Started01 Jan 2013
Fund Size1,837 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
59.9%
13.8%
16.1%
15.4%
Category Average
53.0%
8.1%
12.7%
-
Rank Within Category
12
4
8
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount500
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 59.9% returns per annum

Comparison

Data not available
Pros
1. 3Y Returns are higher than the category average returns
2. 5Y Returns are higher than the category average returns
3. Exit load is zero
Cons
1. 1Y Returns are lower than the category average returns

Top Holdings

NameSectorInstrument% Assets
ICICI Bank Ltd.FinancialEquity7.9%
Infosys Ltd.TechnologyEquity6.0%
Tata Consultancy Services Ltd.TechnologyEquity3.9%
HDFC Bank Ltd.FinancialEquity3.7%
State Bank of IndiaFinancialEquity3.4%
Reliance Industries Ltd.EnergyEquity3.3%
SRF Ltd.DiversifiedEquity3.0%
Axis Bank Ltd.FinancialEquity2.8%
Ultratech Cement Ltd.ConstructionEquity2.8%
AU Small Finance Bank Ltd.FinancialEquity2.7%
See All

Kotak Tax Saver Fund Direct Growth Details

Kotak Tax Saver Fund Direct Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹1,837 Cr and the Latest NAV as of 22 Apr 2021 is ₹65.06.

The Kotak Tax Saver Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500.

Investment Objective

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.

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
23 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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