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Kotak Tax Saver Fund - Growth

  • Regular
  • Direct
Category : ELSS
  • NAV
    : ₹ 73.757 -0.73%
    (as on 01st February, 2023)
Crisil Rank
Above average performance among peers
Risk-O-Meter
Very High

The fund has 97.61% investment in domestic equities of which 61.88% is in Large Cap stocks, 19.86% is in Mid Cap stocks, 11.92% 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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Returns (NAV as on 01st February, 2023)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 25-Jan-23 9849.40 -1.51% - -1.03% 53/62
1 Month 30-Dec-22 9629.00 -3.71% - -2.95% 49/63
3 Month 01-Nov-22 9647.00 -3.53% - -5.20% 18/62
6 Month 01-Aug-22 10233.70 2.34% - 0.08% 18/61
YTD 30-Dec-22 9629.00 -3.71% - -2.95% 49/63
1 Year 01-Feb-22 10104.00 1.04% 1.04% -2.42% 12/61
2 Year 01-Feb-21 13352.30 33.52% 15.55% 14.88% 20/61
3 Year 31-Jan-20 15251.30 52.51% 15.08% 15.87% 34/61
5 Year 01-Feb-18 17190.40 71.90% 11.44% 8.75% 9/51
10 Year 01-Feb-13 36385.50 263.86% 13.78% 13.18% 11/31
Since Inception 23-Nov-05 73757.00 637.57% 12.32% 12.60% 32/61

SIP Returns (NAV as on 01st February, 2023)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 01-Feb-22 12000 12282.97 2.36 % 4.36 %
2 Year 01-Feb-21 24000 25967.4 8.2 % 7.74 %
3 Year 31-Jan-20 36000 46436 28.99 % 17.2 %
5 Year 01-Feb-18 60000 88072.58 46.79 % 15.32 %
10 Year 01-Feb-13 120000 254067.91 111.72 % 14.34 %
 

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 Dec,2022)

Portfolio Turnover Ratio : 13.28%  |   Category average turnover ratio is 54.94%  
Fund manager updated portfolio less frequently than peers in last 1 year. (I.e. fund manager held stocks/bonds in the portfolio for longer duration than peers)
Equity Holding : 97.61% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 97.61%
No of Stocks : 59 (Category Avg - 47.22) | Large Cap Investments : 61.88%| Mid Cap Investments : 19.86% | Small Cap Investments : 11.92% | Other : 3.95%

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. Banks 2316.2 7.33% -0.50% 8.16% (Aug 2022) 6.77% (Mar 2022) 26.00 L 0.00
State Bank Of India Banks 1841.1 5.82% 0.11% 5.82% (Dec 2022) 5.03% (May 2022) 30.00 L 0.00
Axis Bank Ltd. Banks 1680.8 5.32% 0.19% 5.32% (Oct 2022) 2.27% (Jan 2022) 18.00 L 0.00
Reliance Industries Ltd. Refineries/marketing 1273.6 4.03% -0.29% 5.22% (Apr 2022) 2.9% (Jan 2022) 5.00 L 0.00
Infosys Ltd. Computers - software 1206.6 3.82% -0.31% 5.68% (Feb 2022) 3.82% (Dec 2022) 8.00 L 0.00
Larsen & Toubro Ltd. Engineering, designing, construction 1199.3 3.79% 0.02% 4.44% (Jan 2022) 3.54% (Jun 2022) 5.75 L 0.00
ITC Limited Cigarettes 1027.8 3.25% -0.08% 3.54% (Sep 2022) 1.69% (Jan 2022) 31.00 L 0.00
Maruti Suzuki India Ltd. Passenger/utility vehicles 965.4 3.05% 0.21% 3.05% (Dec 2022) 0.56% (Mar 2022) 1.15 L 15.00 k
SRF Ltd. Chemicals - speciality 824.5 2.61% -0.08% 3.83% (Mar 2022) 2.61% (Dec 2022) 3.60 L 0.00
Jindal Steel & Power Ltd. Steel 783.8 2.48% 0.19% 2.73% (Apr 2022) 1.76% (Jun 2022) 13.50 L 0.00
- indicates change in weight in the portfolio. # indicates a new entry.
Name Type of Instrument Weight (%)
TREPS TREPS 2.52%
Net Receivables Net Receivables -0.13%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 30th December, 2022)

  • Standard Deviation

    Low volatility
    20.13vs20.47
    Category Avg
  • Beta

    High volatility
    0.91vs0.89
    Category Avg
  • Sharpe Ratio

    Poor risk adjusted returns
    0.59vs0.6
    Category Avg
  • Treynor's Ratio

    Poor risk adjusted returns
    0.13vs0.14
    Category Avg
  • Jension's Alpha

    Poor risk adjusted returns
    1.15vs2.34
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
HDFC Tax Saver Fund - Growth 5 9992.81 -2.43 -2.74 4.67 7.32 16.22
Parag Parikh Tax Saver Fund - Regular Plan - Growth 5 941.56 0.82 -1.64 6.92 5.59 22.47
Quantum Tax Saving Fund - Growth 3 115.49 -0.78 -0.24 3.96 4.08 14.96
Taurus Taxshield - Growth 2 62.54 -0.36 -0.55 6.79 3.40 13.89
SBI Long Term Equity Fund - Regular Plan - Growth 4 11923.53 -2.25 -2.18 4.36 2.95 16.66
Tata India Tax Savings Fund - Regular Plan - Growth 3 3192.07 -3.32 -3.58 2.00 0.55 14.21
Nippon India Tax Saver Fund - Growth 3 11924.32 -3.40 -3.01 1.23 0.33 12.86
Quant Tax Plan - Growth 5 2506.48 -8.41 -9.31 -0.35 0.00 33.61
Baroda BNP Paribas ELSS Fund - Regular Plan - Growth (Adjusted NAV) NA 681.38 -2.79 1.62 4.74 -0.07 13.99
IDFC Tax Advantage (ELSS) Fund - Regular Plan - Growth 5 4025.95 -1.84 -2.61 3.24 -0.11 21.11

More Funds from Kotak Mahindra Mutual Fund

Out of 62 mutual fund schemes offered by this AMC, 4 is/are ranked 5 * , 5 is/are ranked 4 * , 15 is/are ranked 3 * , 1 is/are ranked 2 * , 1 is/are ranked 1 * , and 36 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 37418.30 -2.53 -2.32 4.08 1.78 12.33
Kotak Liquid Fund - Regular Plan - Growth 3 28384.88 0.52 1.62 3.01 5.00 4.06
Kotak Emerging Equity Fund - Growth 4 23334.64 -2.23 -2.10 2.40 3.70 19.96
Kotak Equity Arbitrage Fund - Growth 4 21565.89 0.37 1.47 2.78 4.47 4.20
Kotak Balanced Advantage Fund - Growth NA 14445.09 0.07 0.60 3.78 4.24 9.82
Kotak Bond Short Term Plan - Growth 3 13372.20 0.29 1.42 2.49 3.12 5.22
Kotak Money Market Fund - Growth 4 12834.69 0.55 1.71 3.04 5.08 4.74
Kotak Savings Fund - Growth 3 12060.43 0.48 1.56 2.80 4.63 4.48
Kotak Equity Opportunities Fund - Growth 3 11555.33 -1.98 -2.53 3.59 4.10 15.28
Kotak Corporate Bond Fund - Growth 3 8839.58 0.35 1.43 2.69 3.77 5.50

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