Kotak Tax Saver-Scheme-Growth

Fund House: Kotak Mahindra Mutual Fund
Category: Equity: ELSS
Launch Date: 01-11-2005
Asset Class: Equity
Benchmark: NIFTY 500 TRI
Expense Ratio: 2.23% As on (31-03-2022)
Status: Open Ended Schemes
Minimum Investment: 500.0
Minimum Topup: 500.0
Total Assets: 2,670.33 Cr As on (30-04-2022)
Turn over: 23.33% | Exit Load: Nil

67.296

12.26%

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 12 Months
11 Years 8 Months
15 Years 0 Months
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 01-11-2005 11.81 35.55 15.91 11.22 15.4
HDFC Taxsaver - Growth Plan 05-03-1996 18.04 36.24 11.5 7.24 13.18
Quant Tax Plan - Growth Option - Regular Plan 01-04-2000 17.39 63.83 34.24 20.77 20.22
Parag Parikh Tax Saver Fund- Regular Growth 08-07-2019 16.29 39.8 - - -
IDFC Tax Advantage (ELSS) Fund - Regular Plan - Growth 26-12-2008 14.89 48.72 18.97 13.04 18.07
Union Long Term Equity Fund - Growth Option 23-12-2011 14.15 36.02 17.31 11.51 13.78
PGIM India ELSS Tax Saver Fund - Regular Plan - Growth Option 11-12-2015 12.98 39.0 16.69 11.4 -
Sundaram Tax Savings Fund (Formerly Known as Principal Tax Savings Fund) Regular Growth 02-01-2013 12.66 37.01 14.94 10.07 16.61
Mahindra Manulife ELSS Kar Bachat Yojana - Regular Plan - Growth 05-10-2016 12.46 36.22 15.02 8.51 -
Nippon India Tax Saver (ELSS) Fund-Growth Plan-Growth Option 05-09-2005 12.02 37.78 10.51 4.45 13.53

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

9.55%

Others

4.09%

Large Cap

63.38%

Mid Cap

22.98%

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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