Kotak Tax Saver-Scheme-Growth - Direct
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Equity
Direct
Elss (Tax Savings)
NAV: ₹ 88.7 as on 09-12-2022
Fund Performance
2563 people have invested ₹ 77.7L in mutual fund in the last three months
INDmoney Rank
Powered by IND quant engine
5
/24
66% Performance
47% Risk Management
82% Cost
5 out of 24 among elss (tax savings)
Pros
5Y returns in the top 25% of the category
3Y returns in the top 25% of the category
Beats FD returns for both 3Y & 5Y
Cons
No bad points found for this fund.
Fund Performance
About the Fund
Kotak Tax Saver-Scheme-Growth - Direct is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Harsha Upadhyaya. The fund could potentially beat inflation in the long-run.
Key parameters
1) Kotak Tax Saver-Scheme-Growth - Direct has a NAV of ₹88.706 as on 09-12-2022.
2) Kotak Tax Saver-Scheme-Growth - Direct has ₹3163 Cr worth of assets under management (AUM) as on 31-10-2022 and is more than category average.
3) The fund has an expense ratio 0.68 %.
Fund Overview
Expense ratio | 0.68% |
Benchmark | S&P BSE 200 India TR INR |
AUM | ₹3163 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹500/₹500 |
Exit Load | 0% |
Lock In | 3 Years |
TurnOver | 15.54% |
Fund Distribution
Size breakup
Large cap
66.6%
Mid cap
21.8%
Small cap
9.9%
Sector Allocation
Financial Services
28.3%
Industrial
17.9%
Basic Materials
15.9%
Consumer Cyclical
10.6%
Consumer Defensive
8%
Tech
6.4%
Health
4.5%
Energy
4.2%
Utilities
2.1%
Communication
2%
Top Holdings
Total Holdings61
Equity Holdings59
Debt Holdings2
Holdings | Weight% | Holdings Trend | 1M Change |
|---|---|---|---|
ICICI Bank Ltd | 7.83% | 0% | |
State Bank of India | 5.71% | 0% | |
Axis Bank Ltd | 5.13% | 18% | |
Reliance Industries Ltd | 4.32% | 0% | |
Infosys Ltd | 4.13% | 0% |
See all
What changed
in last one month
AUM has remained same in the last 1M
Oct'22 return underperformed benchmark
Change in AUM
Nov'22
₹ 3.1K Cr
Oct'22
₹ 3.1K Cr
Sep'22
₹ 2.9K Cr
Fund Returns vs Benchmark
Oct'22
4.68%
5.37%
Sep'22
-1.81%
-2.51%
Aug'22
4.34%
3.22%
Fund Return
Benchmark Return
Concentration Analysis
Winners & Losers (Oct-22)
Top Growth Drivers | 1M Return |
|---|---|
Axis Bank Ltd | 25.4% |
State Bank of India | 10.4% |
ICICI Bank Ltd | 7.1% |
Peer Analysis
Fund Manager
Harsha Upadhyaya
Managing this fund since 25 August 2015
Top funds managed
AMC details
Address
Kotak Mahindra Asset management Company Limited,2nd Floor, 12-BKC, Plot No C-12,G Block, BKC, Bandra (East),Mumbai - 400 051
Email
Phone
91-22-40930000
Fund House
Kotak Mahindra Asset Management Co Ltd
Fund Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 15.99% since inception which is more than its category average return of 13.7%
Fund Allocations
This fund has an allocation of 98.69% in Equity, 0% in Debt and 1.31% in Cash related instruments
AUM size ₹3163 Cr
This fund has AUM of ₹3163 Cr which is more than its category average of ₹ 2744 Cr
Expense Ratio 0.68%
This fund has an expense ratio of 0.68% which is less than its category average expense ratio of 1.59%
Frequently Asked Questions
The current NAV of Kotak Tax Saver-Scheme-Growth - Direct is 89.
Existing (Absolute + CAGR)
Kotak Tax Saver-Scheme-Growth - Direct | Absolute Returns | CAGR Returns |
1 Month Returns | 1.92% | 1.92% |
6 Month Returns | 18.82% | 18.82% |
1 Year Returns | 10.67% | 10.67% |
3 Years Returns | 77.49% | 21.08% |
5 Years Returns | 98.37% | 14.68% |
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0.68 as on November 2022
3163 Cr as on November 2022
ICICI Bank Ltd(7.71%),State Bank of India(5.62%),Axis Bank Ltd(5.32%),Reliance Industries Ltd(4.16%),Infosys Ltd(4.02%) as on November 2022
Financial Services(27.8%),Industrial(17.55%),Basic Materials(15.61%) as on November 2022
The alpha ratio for the Kotak Tax Saver-Scheme-Growth - Direct for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Kotak Tax Saver-Scheme-Growth - Direct | 1.94 | 2.46 | 1.88 |
As on month end.
The alpha for Kotak Tax Saver-Scheme-Growth - Direct is calculated against S&P BSE 200 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Kotak Tax Saver-Scheme-Growth - Direct for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Kotak Tax Saver-Scheme-Growth - Direct | 0.95 | 0.92 | 0.92 |
As on month end.
The Beta for Kotak Tax Saver-Scheme-Growth - Direct is calculated with S&P BSE 200 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Kotak Tax Saver-Scheme-Growth - Direct for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Kotak Tax Saver-Scheme-Growth - Direct | 0.52 | 0.8 | 0.56 |
As on month end.
The sharpe ratio for Kotak Tax Saver-Scheme-Growth - Direct is calculated with S&P BSE 200 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Kotak Tax Saver-Scheme-Growth - Direct for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Kotak Tax Saver-Scheme-Growth - Direct | 15.27 | 21.24 | 18.52 |
As on month end.
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
1.09
0.35
Harsha Upadhyaya is the fund manager of Kotak Tax Saver-Scheme-Growth - Direct
The Exit load of Kotak Tax Saver-Scheme-Growth - Direct is 0%
Mutual Fund execution provided by
Technology facilitation Services provided by Finzoom Investment Advisors Pvt. Ltd. - Advisory unit. SEBI Registered Investment Advisor: INA100012190 | BASL Registration No. 1154 | BSE StarMF Platform code: 24801
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.