Kotak Tax Saver Fund - Growth

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

Category : ELSS

Fund House : Kotak Mahindra Mutual Fund

NAV

This number shows latest NAV (Net Asset Value) and change in the NAV from previous day. NAV is nothing but the unit price for the fund. You will be allocated number of units based on this price. NAV is declared once each day generally at the end of the day. Once you invest in mutual funds, your money is further invested in stocks and bonds by mutual fund managers. Mutual Fund NAV is the per unit latest value of all such stocks/bonds held in the portfolio

: ₹ 79.796 -0.26%
(as on 09th June, 2023)

Crisil Rank

Above average performance among peers

Fund Size

: ₹ 3687.18 Cr

(3.02% of Investment in Category)

Expense Ratio

: 1.86%

(1.94% Category average)

Risk-O-Meter

Very High

ELSS :ELSS : The fund has 98.03% investment in domestic equities of which 62.99% is in Large Cap stocks, 19.55% is in Mid Cap stocks, 10.35% in Small Cap stocks.

Suitable For : Investors who are looking to invest money for at least 3 years and looking for additional benefits of income tax saving apart from higher returns expectations. At the same time, these investors should also be ready for possibility of moderate losses in their investments and 3 year lock-in period.

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3M
6M
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This Scheme

VS

Benchmark
Nifty 500 TRI

3.22%

7.56%

0.8%

14.75%

10.1%

12.51%

6.58%
NA
3.89%

8.03%

2.14%

16.34%

11.1%

11.81%

13.41%

NA
Gold

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Returns Calculator
SIP Calculator
VIP (Value Avg)

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Annualised Returns

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Returns (NAV as on 09th June, 2023)

Period Invested for	₹10000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	02-Jun-23	10065.80	0.66%	-	0.62%	28/64
1 Month	09-May-23	10289.80	2.90%	-	3.89%	50/64
3 Month	09-Mar-23	10618.50	6.19%	-	8.03%	48/63
6 Month	09-Dec-22	10208.40	2.08%	-	2.14%	36/61
YTD	30-Dec-22	10417.40	4.17%	-	5.66%	41/62
1 Year	09-Jun-22	11932.80	19.33%	19.33%	16.34%	16/60
2 Year	09-Jun-21	12558.60	25.59%	12.07%	11.10%	21/60
3 Year	09-Jun-20	20109.90	101.10%	26.22%	27.57%	32/60
5 Year	08-Jun-18	19548.30	95.48%	14.33%	11.81%	10/54
10 Year	07-Jun-13	43079.40	330.79%	15.71%	14.53%	8/30
Since Inception	23-Nov-05	79796.00	697.96%	12.56%	13.41%	35/60

Returns Calculator Detailed Returns Analysis

SIP Returns (NAV as on 09th June, 2023)

Period Invested for	₹1000 SIP Started on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	09-Jun-22	12000	12937.8	7.81 %	14.79 %
2 Year	09-Jun-21	24000	26661.85	11.09 %	10.47 %
3 Year	09-Jun-20	36000	45870.39	27.42 %	16.39 %
5 Year	08-Jun-18	60000	91181.25	51.97 %	16.76 %
10 Year	07-Jun-13	120000	261340.49	117.78 %	14.88 %

SIP Calculator Detailed Returns Analysis

Tax Treatment

You can not sell your investments in this fund for 3 years from the purchase date. Long term capital gain tax will be applicable when you sell your investments after 3 years. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh in a financial year. Any cess/surcharge is not included. However, you can claim a deduction on your taxable income under section 80c for your investments in this fund. (Current tax deductions are capped at 1.5 lakh per year).

Portfolio (Updated on 31st May,2023)

Equity Holding : 98.03% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 98.03%

No of Stocks : 59 (Category Avg - 47.95) | Large Cap Investments : 62.99%| Mid Cap Investments : 19.55% | Small Cap Investments : 10.35% | Other : 5.14%

Top 10 Stocks in Portfolio

How to read this table?

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
# ICICI Bank Ltd.	Private sector bank	2467.8	6.69%	0.00%	8.16% (Aug 2022)	6.7% (Apr 2023)	26.00 L	0.00
# State Bank Of India	Public sector bank	1739.6	4.72%	0.00%	5.82% (Dec 2022)	4.62% (Mar 2023)	30.00 L	0.00
# ITC Limited	Diversified fmcg	1648.4	4.47%	0.00%	4.42% (Apr 2023)	3.22% (May 2022)	37.00 L	0.00
# Axis Bank Ltd.	Private sector bank	1646.7	4.47%	0.00%	5.32% (Dec 2022)	3.27% (Jun 2022)	18.00 L	0.00
# Maruti Suzuki India Ltd.	Passenger cars & utility vehicles	1545.7	4.19%	0.00%	4.08% (Feb 2023)	0.61% (May 2022)	1.65 L	0.00
# Larsen & Toubro Ltd.	Civil construction	1323.4	3.59%	0.00%	4.06% (Jan 2023)	3.54% (Jun 2022)	6.00 L	0.00
# Reliance Industries Ltd.	Refineries & marketing	1235	3.35%	0.00%	5.13% (Jun 2022)	3.4% (Apr 2023)	5.00 L	0.00
# HDFC Bank Ltd.	Private sector bank	1069.6	2.90%	0.00%	4.27% (Apr 2023)	2.2% (Oct 2022)	6.64 L	-2.36 L
# Infosys Ltd.	Computers - software & consulting	1054.6	2.86%	0.00%	4.62% (May 2022)	2.82% (Apr 2023)	8.00 L	0.00
# Bosch Ltd.	Auto components & equipments	965.6	2.62%	0.00%	2.07% (Apr 2023)	0% (May 2022)	52.00 k	14.00 k

- indicates change in weight in the portfolio. # indicates a new entry.

Detailed Portfolio Analysis

Name	Type of Instrument	Weight (%)
TREPS	TREPS	1.85%
Net Receivables	Net Receivables	0.12%

Detailed Portfolio Analysis

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 31st May, 2023)

Standard Deviation
Standard Deviation value gives an idea about how volatile fund returns has been in the past 3 years. Lower value indicates more predictable performance. So if you are comparing 2 funds (lets say Fund A and Fund B) in the same category. If Fund A and Fund B has given 9% returns in last 3 years, but Fund A standard deviation value is lower than Fund B. So you can say that there is a higher chance that Fund A will continue giving similar returns in future also whereas Fund B returns may vary.

Low volatility

14.54vs15.35

Category Avg
Beta
Beta value gives idea about how volatile fund performance has been compared to similar funds in the market. Lower beta implies the fund gives more predictable performance compared to similar funds in the market. So if you are comparing 2 funds (lets say Fund A and Fund B) in the same category. If Fund A and Fund B has given 9% returns in last 3 years, but Fund A beta value is lower than Fund B. So you can say that there is a higher chance that Fund A will continue giving similar returns in future also whereas Fund B returns may vary.

Low volatility

0.91vs0.91

Category Avg
Sharpe Ratio
Sharpe ratio indicates how much risk was taken to generate the returns. Higher the value means, fund has been able to give better returns for the amount of risk taken. It is calculated by subtracting the risk-free return, defined as an Indian Government Bond, from the fund's returns, and then dividing by the standard deviation of returns. For example, if fund A and fund B both have 3-year returns of 15%, and fund A has a Sharpe ratio of 1.40 and fund B has a Sharpe ratio of 1.25, you can chooses fund A, as it has given higher risk-adjusted return.

Poor risk adjusted returns

1.32vs1.33

Category Avg
Treynor's Ratio
Treynor's ratio indicates how much excess return was generated for each unit of risk taken. Higher the value means, fund has been able to give better returns for the amount of risk taken. It is calculated by subtracting the risk-free return, defined as an Indian Government Bond, from the fund's returns, and then dividing by the beta of returns. For example, if fund A and fund B both have 3-year returns of 15%, and fund A has a Treynor's ratio of 1.40 and fund B has a Treynor's ratio of 1.25, then you can chooses fund A, as it has given higher risk-adjusted return.

Poor risk adjusted returns

0.21vs0.23

Category Avg
Jension's Alpha
Alpha indicates how fund generated additional returns compared to a benchmark. Let's say if a fund A benchmarks its returns with Nifty50 returns then alpha equal to 1.0 indicates the fund has beaten the nifty returns by 1%, so the higher the alpha, the better.

Poor risk adjusted returns

1.61vs2.64

Category Avg

Alternative Funds (Category Peers)

Scheme Name	Crisil Rank	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Motilal Oswal Long Term Equity Fund - Growth	3	2348.76	4.83	8.51	4.37	25.18	25.06
SBI Long Term Equity Fund - Regular Plan - Growth	4	12998.19	4.51	9.22	5.84	23.30	27.80
Baroda BNP Paribas ELSS Fund - Regular Plan - Growth (Adjusted NAV)	NA	686.29	3.71	7.28	2.65	20.98	23.35
JM Tax Gain Fund - Growth	4	79.00	6.20	8.75	4.42	20.25	27.39
HDFC Tax Saver Fund - Growth	5	10434.64	3.91	6.85	3.36	20.01	27.34
Bank of India Tax Advantage Fund - Regular Plan - Growth	3	759.27	2.61	6.72	1.59	19.45	28.13
Bandhan Tax Advantage (ELSS) Fund - Regular Plan - Growth	5	4563.40	4.44	8.43	4.54	18.96	33.56
HSBC ELSS Fund - Growth	3	3184.95	4.55	9.58	5.39	18.42	22.94
IDBI Equity Advantage Fund - Growth	2	478.25	2.45	6.77	2.33	17.44	20.46
Taurus Taxshield - Growth	3	62.68	2.44	4.30	4.64	17.41	21.76

Detailed Comparison

More Funds from Kotak Mahindra Mutual Fund

Out of 85 mutual fund schemes offered by this AMC, 2 is/are ranked 5 * , 10 is/are ranked 4 * , 10 is/are ranked 3 * , 5 is/are ranked 2 * , 1 is/are ranked 1 * , and 57 schemes are not ranked. See more about AMC

Scheme Name	Crisil Rank	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Kotak Flexi Cap Fund - Growth	3	37216.56	2.46	7.10	1.86	17.56	22.28
Kotak Liquid Fund - Regular Plan - Growth	2	29684.43	0.58	1.81	3.41	6.21	4.28
Kotak Emerging Equity Fund - Growth	4	27871.28	4.37	6.52	4.08	20.71	33.01
Kotak Equity Arbitrage Fund - Growth	4	20587.12	0.67	1.89	3.77	6.00	4.45
Kotak Money Market Fund - Growth	3	15653.51	0.64	2.10	3.74	6.60	4.83
Kotak Balanced Advantage Fund - Growth	NA	14422.30	1.70	4.67	3.95	11.77	14.23
Kotak Bond Short Term Plan - Growth	3	13277.58	0.55	2.50	3.37	6.42	4.90
Kotak Equity Opportunities Fund - Growth	4	12513.67	3.67	7.23	4.31	20.90	26.17
Kotak Savings Fund - Growth	3	10606.04	0.59	1.96	3.50	6.15	4.51
Kotak Corporate Bond Fund - Growth	3	10245.21	0.59	2.56	3.58	6.68	5.43