Kotak Tax Saver-Scheme-Growth - Direct
Kotak Tax Saver-Scheme-Growth - Direct

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
zero opening, trading, fund transfer fee
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

Return
1M
3M
6M
1Y
3Y
5Y
This Fund
1.8%
4%
17.7%
9.7%
20.9%
14.6%
Benchmark
2.4%
2.2%
14.7%
4.3%
18.1%
11.5%
Category
-1.8%
2.4%
13.4%
13%
8.5%
7.5%
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
Expense ratio
0.68%
Benchmark
Benchmark
S&P BSE 200 India TR INR
AUM
AUM
₹3163 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹500/₹500
Exit Load
Exit Load
0%
Lock In
Lock In
3 Years
TurnOver
TurnOver
15.54%

Fund Distribution

  • Equity 98.7%
  • Debt & Cash 1.3%
Size breakup
Large cap
66.6%
Mid cap
21.8%
Small cap
9.9%

Sector Allocation

Nov'22

Oct'22

Sep'22

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

  • All
  • Equity
  • Debt & Cash
Total Holdings61
Equity Holdings59
Debt Holdings2

What changed

in last one month
  • Scheme
  • Portfolio
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

Fund
Oct'22
Oct'22
Aug'22
No of Holdings
58
58
59
Top 5 Company Concentration
26.8%
25%
25.9%
Company having highest exposure
ICICI Bank Ltd (7.7%)
ICICI Bank Ltd (7.7%)
ICICI Bank Ltd (8.2%)
No of Sectors
11
11
11
Top 5 Sectors Concentration
79.2%
78.1%
79.9%
Sector having highest exposure
Financial Services (27.8%)
Financial Services (27%)
Financial Services (27%)

Fund Manager

Harsha Upadhyaya

Harsha Upadhyaya

Managing this fund since 25 August 2015

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Kotak Equity Opportunities Direct Growth
20.7%
19.31%
Kotak Flexicap Fund Direct Growth
16.28%
17.72%
Kotak Tax Saver-Scheme-Growth - Direct
20.91%
17.93%

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
Phone
91-22-40930000
Fund House
Kotak Mahindra Asset Management Co Ltd

Fund Highlights

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pointer

Very High Risk

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

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

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

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%

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%
With INDmoney, the process of investing is very simple and involves zero commission.
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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%

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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.