Kotak Equity Savings Fund Direct Growth

Kotak Equity Savings Fund Direct Growth

NAV as on 29-04-2025

₹ 27.89

0.4%

1D

Inception Returns

10.2%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
1134 people have invested ₹ 8.7Cr in Kotak Equity Savings Fund Direct Growth in the last three months

About Kotak Equity Savings Fund Direct Growth

Kotak Equity Savings Fund Direct Growth is a hybrid fund. This fund was started on 13 October, 2014. The fund is managed by Abhishek Bisen, Hiten Shah, Devender Singhal. This fund gives you the benefit of diversification.

Key Parameters

  1. Kotak Equity Savings Fund Direct Growth has ₹8043 Cr worth of assets under management (AUM) as on Mar 2025 and is more than category average.
  2. The fund has an expense ratio 0.7.

Returns

Kotak Equity Savings Fund Direct Growth has given a CAGR return of 10.21% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.55%, 12.01% and 13.87% respectively.

Holdings

Kotak Equity Savings Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Communication, Government, Corporate, Basic Materials, Utilities, Energy, Industrial, Consumer Defensive, Tech, Health, Securitize, Real Estate.

Taxation

As it is a equity savings mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of Kotak Equity Savings Fund Direct Growth

The investment objective of the scheme is to generate capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and derivatives segment of the equity market, and enhance returns with a moderate exposure in equity & equity related instruments.There is no assurance or guarantee that the investment objective of the scheme will be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Kotak Equity Savings Fund Direct Growth has no lock in period.

Kotak Equity Savings Fund Direct Growth Overview

Expense ratio0.65%
Benchmark
NIFTY Equity Savings TR INR
AUM₹8043 Cr
Inception Date13 October, 2014
Min Lumpsum/SIP₹100/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
493.46%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Moderate Risk

INDmoney Rank for Kotak Equity Savings Fund Direct Growth

Powered by IND quant engine
4
/13
11% Performance
85% Risk Management
69% Cost
4 out of 13 among equity savings

Trailing Returns

as on (29-Apr-25)

Period
Kotak Equity Savings Fund Direct Growth
Equity Savings Index
1M
2.2%
0.6%
3M
3.1%
1.1%
6M
2.3%
1%
1Y
8.5%
6.7%
3Y
12%
9.2%
5Y
13.9%
12.1%

Fund Distribution

as on (31-Mar-25)

  • Equity 37.8%

  • Debt & Cash 61.4%

Large cap
54.1%

Mid cap
8.7%

Small cap
7.9%

Sector Allocation

Mar'25

Feb'25

Jan'25

Dec'24

Nov'24

Oct'24

Sep'24

Financial Services
21.3%
Consumer Cyclical
15.1%
Communication
14.9%
Basic Materials
9.4%
Utilities
8.7%
Energy
8.6%
Industrial
7.8%
Consumer Defensive
7%
Tech
5.5%
Health
1.4%
Real Estate
0.4%
All changes are between Oct'69 and Dec'69
Parameters
Mar'25
Feb'25
Jan'25
AUM
₹ 8K Cr
₹ 7.9K Cr
₹ 8.2K Cr
  • AUM of the fund stands at 8K Cr as of Mar'25
  • AUM increased by 146 Cr between Mar'25 and Feb'25
Top Stocks bought last month
National Bank For Agriculture And Rural Development's allocation increased from 0.05% to 0.63%
National Bank For Agriculture And Rural Development's allocation increased from 0.05% to 0.63%
LIC Housing Finance Ltd's allocation increased from 0.02% to 0.45%
LIC Housing Finance Ltd's allocation increased from 0.02% to 0.45%
Kotak Mahindra Prime Limited's allocation increased from 0.06% to 0.31%
Kotak Mahindra Prime Limited's allocation increased from 0.06% to 0.31%
Top Stocks sold last month
Mankind Pharma Ltd's allocation decreased from 1.26 % to 0.44 %
Mankind Pharma Ltd's allocation decreased from 1.26 % to 0.44 %
HDFC Bank Limited's allocation decreased from 0.95 % to 0.32 %
HDFC Bank Limited's allocation decreased from 0.95 % to 0.32 %
Small Industries Development Bank Of India's allocation decreased from 0.63 % to 0.25 %
Small Industries Development Bank Of India's allocation decreased from 0.63 % to 0.25 %

Top 3 Sectors in March were Financial Services, Consumer Cyclical & Corporate

Mar'25
Financial Services
21%
Consumer Cyclical
15%
Communication
15%
Feb'25
Financial Services
22%
Consumer Cyclical
17%
Corporate
15%
  • Equity

  • Debt & Cash

Holdings
Weight%
1M Change
Bharti Airtel Ltd
Bharti Airtel Ltd
4.83%
14.9%
Indus Towers Ltd Ordinary Shares
Indus Towers Ltd Ordinary Shares
4.68%
0%
Reliance Industries Ltd
Reliance Industries Ltd
3.56%
68.2%
HDFC Bank Ltd
HDFC Bank Ltd
3.29%
0%
Maruti Suzuki India Ltd
Maruti Suzuki India Ltd
2.95%
0%
  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
Kotak Equity Savings Fund Direct Growth
Kotak Equity Savings Fund Direct Growth
8.55%
12.01%
13.87%
10.21%
DSP Equity Savings Fund Direct Plan Growth
DSP Equity Savings Fund Direct Plan Growth
12.95%
11.31%
14.28%
10.23%
Sundaram Equity Savings - Direct Plan - Growth Option
Sundaram Equity Savings - Direct Plan - Growth Option
10.79%
12.81%
16.58%
10.15%
SBI Equity Savings Direct Growth
SBI Equity Savings Direct Growth
9.27%
10.76%
14.21%
9.99%
Fund
Mar'25
Feb'25
Jan'25
No of Holdings
201
205
207
Top 5 Company Concentration
19.3%
17.1%
16.8%
Company having highest exposure
Bharti Airtel Ltd (4.8%)
Indus Towers Ltd Ordinary Shares (4.6%)
Indus Towers Ltd Ordinary Shares (4.4%)
No of Sectors
14
14
14
Top 5 Sectors Concentration
79.1%
83.2%
81.8%
Sector having highest exposure
Financial Services (21.3%)
Financial Services (22%)
Financial Services (21.7%)
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Abhishek Bisen
Abhishek Bisen
Fund Manager of Kotak Equity Savings Fund Direct Growth, since 13 October 2014
Top funds managed
Hiten Shah
Hiten Shah
Fund Manager of Kotak Equity Savings Fund Direct Growth, since 3 October 2019
Top funds managed
Devender Singhal
Devender Singhal
Fund Manager of Kotak Equity Savings Fund Direct Growth, since 1 April 2021
Fund House
Kotak Mahindra Asset Management Co Ltd
Total Schemes
Total AUM
₹4.57L Cr
as on 31-Mar-2025
Address
Kotak Mahindra Asset management Company Limited,2nd Floor, 12-BKC, Plot No C-12,G Block, BKC, Bandra (East),Mumbai - 400 051
Phone
91-22-40930000
Website
fundaccops@kotakmutual.com

Mutual Fund Insights

Insights icon
In the last 3 years, Sundaram Equity Savings - Direct Plan - Growth Option has given 12.81% return, outperforming this fund by 0.78% per annum.
Insights icon
In the last 1 year, DSP Equity Savings Fund Direct Plan Growth has given 12.28% return, outperforming this fund by 4.09%.
Insights icon
In the last 5 years, Sundaram Equity Savings - Direct Plan - Growth Option has given 16.62% return, outperforming this fund by 2.57% per annum.
Insights icon
Over the last 1 year, this fund has decreased expense ratio by 11.0% moving from 0.73 to 0.65.
Insights icon
This fund has one of the lowest expense ratio in the category (equity savings). Its expense ratio is 0.65% which is lower than the category average expense ratio of 1.06%.

Kotak Equity Savings Fund Direct Growth Highlights

Risk meter
pointer

Moderate Risk

Investors understand that their principal will be at Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 10.21% since inception which is more than its category average return of 8.14%
Fund Allocations

Fund Allocations

This fund has an allocation of 37.75% in Equity, 15.48% in Debt and 45.89% in Cash related instruments
AUM size ₹8043 Cr

AUM size ₹8043 Cr

This fund has AUM of ₹8043 Cr which is more than its category average of ₹ 1647 Cr
Expense Ratio 0.65%

Expense Ratio 0.65%

This fund has an expense ratio of 0.65% which is less than its category average expense ratio of 1.15%

Frequently Asked Questions for Kotak Equity Savings Fund Direct Growth

The current NAV of Kotak Equity Savings Fund Direct Growth is ₹27.89 as on 29-Apr-2025.
Existing (Absolute + CAGR) as on 29-Apr-2025.
Kotak Equity Savings Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
2.17%
2.17%
6 Month Returns
2.28%
2.28%
1 Year Returns
8.55%
8.55%
3 Years Returns
40.53%
12.01%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.65% as on March 2025
₹8043 Cr as on March 2025
Kotak Liquid Dir Gr(5.35%), Bharti Airtel Ltd(4.83%), Indus Towers Ltd Ordinary Shares(4.68%), Reliance Industries Ltd(3.56%), HDFC Bank Ltd(3.29%) as on March 2025
Cash Equivalent(44.62%), Government(9.02%), Corporate(8.33%) as on March 2025
AAA
89.17
AA
10.83
Abhishek Bisen, Hiten Shah, Devender Singhal are the fund managers of Kotak Equity Savings Fund Direct Growth
The Exit load of Kotak Equity Savings Fund Direct Growth is 1%