Fund Details
Kotak Tax Saver Fund Regular IDCW
| Risk | Very High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 2.10% |
| NAV | ₹24.11 (22 Jun 2021) |
|---|---|
| Fund Started | 23 Nov 2005 |
| Fund Size | ₹1,988 Cr |
Returns
Comparison
1. Age is more than 10 years
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
4. 5Y Returns are higher than the category average returns
5. Exit load is zero
6. 10Y Returns are higher than the category average returns
1. Higher expense ratio - 2.1%
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| ICICI Bank Ltd. | Financial | Equity | 8.3% |
| Infosys Ltd. | Technology | Equity | 5.6% |
| State Bank of India | Financial | Equity | 4.5% |
| HDFC Bank Ltd. | Financial | Equity | 4.2% |
| Tata Consultancy Services Ltd. | Technology | Equity | 3.6% |
| SRF Ltd. | Diversified | Equity | 3.3% |
| 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% |
Fund Managers
Kotak Tax Saver Fund Regular IDCW Details
Kotak Tax Saver Fund Regular IDCW is a Equity Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was made available to investors on 23 Nov 2005. Harsha Upadhyaya is the Current Fund Manager of Kotak Tax Saver Fund Regular 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 ₹24.11.
The Kotak Tax Saver Fund Regular IDCW is rated Very High risk. Minimum SIP Investment is set to 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%.
