Kotak Tax Saver Fund Direct Growth-1.37%

5Groww
-3.77%
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 Ratio1.17%
NAV48.35 (08 Jul 2019)
Fund Started31 Dec 2012
Fund Size896 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Kotak Tax Saver Fund Direct Growth
-3.8%
8.7%
11.7%
12.6%
Category Average
NA
NA
NA
-
Rank within category
NA
NA
NA
-
*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
    30
    with -3.8% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 10 years
    2. 5Y Returns are higher than the benchmark
    3. 10Y Returns are higher than the benchmark
    4. Exit load is zero
    Cons
    1. Risk is higher compared to the benchmark
    2. 1Y Returns are lower than the benchmark
    3. 3Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    Reliance Industries Ltd.EnergyEquity7.1%
    HDFC Bank Ltd.Financial ServicesEquity6.7%
    ICICI Bank Ltd. Financial ServicesEquity6.1%
    Larsen & Toubro Ltd.ConstructionEquity4.6%
    Tata Consultancy Services Ltd.ITEquity4.4%
    Infosys Ltd.ITEquity3.9%
    Glaxosmithkline Consumer Healthcare Ltd.Consumer GoodsEquity3.8%
    Triparty RepoCurrent AssetsMoney Market3.8%
    Axis Bank Ltd.Financial ServicesEquity3.4%
    AU Small Finance Bank Ltd.Financial ServicesEquity2.9%
    See All

    Fund Managers

    addHarsha Upadhyaya
    Education
    Mr. Upadhyaya is a B.E (Mechanicial) from NIT Suratkal, PGDM from IIM Lucknow and CFA from the CFA Institute, USA.
    Experience
    Prior to joining Kotak Mutual fund he has worked with DSP Investment Managers Ltd. and UTI AMC.
    Funds Managed

    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 31 Dec 2012. Harsha Upadhyaya is the Current Fund Manager of Kotak Tax Saver Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹896 Cr and the Latest NAV as of 08 Jul 2019 is ₹48.35.

    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

    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
    NA
    Website
    NA
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