Kotak Tax Saver-Scheme-Growth

Category: Equity: ELSS
Launch Date: 23-11-2005
Asset Class: Equity
Benchmark: NIFTY 500 TRI
Expense Ratio: 2.49% As on (31-12-2019)
Status: Open Ended Schemes
Minimum Investment: 500.0
Minimum Topup: 500.0
Total Assets: 1,154.61 Cr As on (31-01-2020)
Turn over: 13.98% | Exit Load: Nil

48.82

11.78%

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 21.14 8.74 11.36 8.98 11.92
BOI AXA Tax Advantage Fund-Regular Plan- Growth 25-02-2009 29.74 3.08 13.92 9.01 10.71
Axis Long Term Equity Fund - Regular Plan - Growth 29-12-2009 26.3 12.92 16.69 11.16 17.92
Motilal Oswal Long Term Equity Fund (MOFLTE) - Regular Plan - Growth Option 05-01-2015 23.03 3.68 11.48 12.87 -
BNP Paribas Long Term Equity Fund - Growth Option 05-01-2006 22.6 6.91 12.0 7.6 13.44
JM Tax Gain Fund - Growth option 31-03-2008 22.2 7.8 13.44 9.78 11.02
LIC MF Tax Plan-Regular Plan-Growth 31-03-1997 21.74 7.91 12.96 8.07 11.25
DSP Tax Saver Fund - Regular Plan - Growth 05-01-2007 21.64 5.9 10.43 10.15 13.78
Canara Robeco Equity Taxsaver Fund - Regular Plan - Growth 31-03-1993 21.54 11.08 14.22 8.8 12.97
HSBC Tax Saver Equity Fund - Growth 05-01-2007 19.46 1.62 8.56 7.14 11.81

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

10.45%

Others

2.59%

Large Cap

55.54%

Mid Cap

31.42%

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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