Kotak Tax Saver-Scheme-Growth

Category: Equity: ELSS
Launch Date: 23-11-2005
Asset Class: Equity
Benchmark: Nifty 500 TRI
Expense Ratio: 2.4% As on (31-08-2019)
Status: Open Ended Schemes
Minimum Investment: 500.0
Minimum Topup: 500.0
Total Assets: 946.65 Cr As on (30-09-2019)
Turn over: 26.46% | Exit Load: 0.00% - 0 day

44.316

11.3%

PERFORMANCE

Returns Type:
of  
Start :  
End : 
Period:  
This Scheme
-
vs
Nifty 500 TRI
-
Gold
-
PPF
-
Returns Type:
of  
  Period:  

Start :  
Period:  

RETURNS ANALYSIS

Fund Multiplier

Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)

Time Taken To Multiply
2x
4x
5x
10x
FUND
1 Years 11 Months
11 Years 7 Months
There is no value for 5x
There is no value for 10x
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months

 

Investment Objective

The scheme aims to generate long-term capital appreciation from a diversified portfolio ofequity and equity related securities and enable investors to avail the income tax rebate, as per the prevailing tax laws.

Current Asset Allocation (%)

Indicators

Volatility 15.12
Sharp Ratio 1.04
Alpha -1.08
Beta 1.12
Yield to Maturity -
Average Maturity -

PEER COMPARISON

Scheme Name Inception
Date
1 Year
Return(%)
2 Year
Return(%)
3 Year
Return(%)
5 Year
Return(%)
10 Year
Return(%)
Kotak Tax Saver-Scheme-Growth 23-11-2005 12.91 3.8 8.17 11.4 10.33
JM Tax Gain Fund - Growth option 31-03-2008 21.92 5.99 11.32 12.35 10.0
Axis Long Term Equity Fund - Growth 29-12-2009 20.39 9.85 12.96 13.95 -
DSP Tax Saver Fund - Regular Plan - Growth 05-01-2007 18.75 4.41 8.85 12.49 13.2
BNP Paribas Long Term Equity Fund - Growth Option 05-01-2006 17.86 3.13 8.54 9.66 12.12
LIC MF Tax Plan-Regular Plan-Growth 31-03-1997 16.11 6.99 10.0 10.75 9.53
Tata India Tax Savings Fund-Growth-Regular Plan 13-10-2014 15.82 3.68 9.18 13.32 -
Motilal Oswal Long Term Equity Fund (MOFLTE) - Regular Plan - Growth Option 21-01-2015 14.15 2.36 9.75 - -
Canara Robeco Equity Taxsaver Fund - Regular Plan - Growth 31-03-1993 14.12 8.12 10.23 9.96 12.18
BOI AXA Tax Advantage Fund-Regular Plan- Growth 25-02-2009 13.5 0.39 8.3 10.11 9.6

Scheme Characteristics

Minimum investment in equity & equity related instruments - 80% of total assets (in accordance with Equity Linked Saving Scheme, 2005 notified by Ministry of Finance).

Riskometer

riskometer

PORTFOLIO

Market Cap Distribution

Small Cap

8.53%

Others

12.11%

Large Cap

54.92%

Mid Cap

24.44%

Scheme Documents

There are no scheme documents available

Tax Benefits of investing in this fund

Long term capital gains (LTCG) tax @10% (plus surcharge, if applicable and cess) without indexation if units held for more than 12 months#

Short term capital gains (STCG) tax @ 15% (plus surcharge, if applicable and cess) if units are held for less than 12 months.

Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @11.648% (10% + 12% surcharge + 4% Health & education cess) **

# Capital gain accrued up to January 31st 2018 is exempt from LTCG tax in respect of units acquired before January 31, 2018 & redeemed on or after April 1, 2018. ** The DDT is to be paid by the mutual fund

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