Kotak Tax Saver Scheme - 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

: ₹ 50.776 0.67%
(as on 27th November, 2020)

Crisil Rank

Above average performance among peers

Fund Size

: ₹ 1311.51 Cr

(1.28% of Investment in Category)

Expense Ratio

: 2.19%

(2.09% Category average)

Risk-O-Meter

Moderately High

(Min ₹500 for SIP, ₹500 for one time investment)

ELSS :ELSS : Fund has 98.95% investment in indian stocks of which 55.11% is in large cap stocks, 24.71% is in mid cap stocks, 11.33% 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.

Axis Multicap Fund - Direct Plan (G)

3Y Return: 16.95%

5Y Return: 16.95%

invest now

1M
3M
6M
1Y
2Y
5Y
ALL

This Scheme

VS

Benchmark
Nifty 500 TRI

10.07%

12.15%

42.04%

10.3%

10.47%

11.22%

13.51%
NA
9.95%

10.62%

40.56%

10.91%

9.01%

10%

10.38%

NA
Gold

Compare with

Date : -
NAV : -
Nifty 500 TRI : -

1M
3M
6M
9M
1Y
2Y
3Y
5Y
ALL

Date : -
Investment : -
Value on selected date : -

Returns Calculator
SIP Calculator
VIP (Value Avg)

Amount

₹

Investment Date
Sell Date

Investment Value

-
Sell Value

-
Profit/Loss

-
Annualised Returns

-

Date : -
Investment : -
Value on selected date : -

Returns (NAV as on 27th November, 2020)

Period Invested for	₹10000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	20-Nov-20	10202.10	2.02%	-	1.85%	22/67
1 Month	27-Oct-20	10900.80	9.01%	-	9.95%	45/67
3 Month	27-Aug-20	11230.40	12.30%	-	10.62%	11/67
6 Month	27-May-20	13735.90	37.36%	-	40.56%	43/67
YTD	01-Jan-20	10832.90	8.33%	-	10.13%	34/67
1 Year	27-Nov-19	10972.70	9.73%	9.70%	10.91%	35/67
2 Year	27-Nov-18	12562.40	25.62%	12.06%	9.01%	19/64
3 Year	27-Nov-17	11960.20	19.60%	6.14%	3.02%	12/54
5 Year	27-Nov-15	16840.00	68.40%	10.97%	10.00%	12/39
10 Year	26-Nov-10	26278.90	162.79%	10.13%	10.38%	15/29
Since Inception	23-Nov-05	50776.00	407.76%	11.42%	10.38%	29/63

Returns Calculator Detailed Returns Analysis

SIP Returns (NAV as on 27th November, 2020)

Period Invested for	₹1000 SIP Started on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	27-Nov-19	12000	14279.79	19 %	36.68 %
2 Year	27-Nov-18	24000	28456.84	18.57 %	17.25 %
3 Year	27-Nov-17	36000	43135.89	19.82 %	12.07 %
5 Year	27-Nov-15	60000	79519.26	32.53 %	11.19 %
10 Year	26-Nov-10	120000	231288.77	92.74 %	12.59 %

SIP Calculator Detailed Returns Analysis

Tax Treatment

Portfolio (Updated on 31st Oct,2020)

Portfolio Turnover Ratio : 14.51% | Category average turnover ratio is 79.49%

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 : 98.95% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 98.95%

No of Stocks : 52 (Category Avg - 47.14) | Large Cap Investments : 55.11%| Mid Cap Investments : 24.71% | Small Cap Investments : 11.33% | Other : 7.8%

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
Reliance Industries Ltd.	Refineries/marketing	1040.9	7.94%	-0.94%	8.88% (Sep 2020)	5.43% (Feb 2020)	5.07 L	0.00
Infosys Ltd.	Computers - software	875	6.67%	0.15%	6.67% (Oct 2020)	2.58% (Feb 2020)	8.25 L	0.00
Tata Consultancy Services Ltd.	Computers - software	799.5	6.10%	0.24%	6.1% (Oct 2020)	2.64% (Feb 2020)	3.00 L	0.00
ICICI Bank Ltd.	Banks	667.4	5.09%	1.20%	7.07% (Dec 2019)	3.89% (Sep 2020)	17.00 L	3.00 L
Hindustan Unilever Ltd.	Diversified	559.3	4.26%	-0.12%	5.34% (May 2020)	0% (Nov 2019)	2.70 L	0.00
SRF Ltd.	Chemicals - speciality	463.8	3.54%	0.14%	3.75% (Apr 2020)	3.22% (Mar 2020)	1.05 L	0.00
HDFC Bank Ltd.	Banks	449.8	3.43%	0.22%	5.94% (Nov 2019)	3.21% (Sep 2020)	3.80 L	0.00
Dr. Reddys Laboratories Ltd.	Pharmaceuticals	391.1	2.98%	-0.27%	3.25% (Sep 2020)	1.48% (Jan 2020)	80.00 k	0.00
Axis Bank Ltd.	Banks	369.4	2.82%	0.32%	5.56% (Nov 2019)	2.5% (Sep 2020)	7.50 L	0.00
Britannia Industries Ltd.	Consumer food	347.3	2.65%	-0.33%	3.18% (Jun 2020)	0% (Nov 2019)	1.00 L	0.00

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

Detailed Portfolio Analysis

Name	Type of Instrument	Weight (%)
TREPS	TREPS	1.81%
Net Receivables	Net Receivables	-0.76%

Detailed Portfolio Analysis

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 29th October, 2020)

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.

High volatility

18.6vs17.5

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.

High volatility

0.91vs0.81

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.

Better risk adjusted returns

0.08vs-0.1

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.

Better risk adjusted returns

0.02vs-0.02

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.

Better risk adjusted returns

0.31vs-2.36

Category Avg

Alternative Funds (Category Peers)

Scheme Name	Crisil Rank	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Quant Tax Plan - Growth	NA	18.78	6.96	7.34	50.20	28.30	9.65
BOI AXA Tax Advantage Fund - Regular Plan - Growth	5	318.52	8.98	12.74	43.30	25.09	7.73
Parag Parikh Tax Saver Fund - Regular Plan - Growth	NA	75.24	5.28	8.51	39.11	21.48	0.00
Canara Robeco Equity Tax Saver - Regular Plan - Growth	5	1216.95	7.57	11.88	37.67	18.74	11.26
Mirae Asset Tax Saver Fund - Regular Plan - Growth	4	4462.58	9.58	12.99	46.97	14.84	9.39
UTI Long Term Equity Fund (Tax Saving) - Growth	3	1379.32	11.46	12.70	40.10	14.23	5.93
Axis Long Term Equity Fund - Growth	4	22631.51	12.86	16.00	38.98	13.67	11.12
Union Long Term Equity Fund - Growth	5	274.42	7.80	9.65	37.67	12.82	6.69
JM Tax Gain Fund - Growth	3	39.84	12.16	15.68	46.99	11.99	7.65
Baroda ELSS - 96 - Plan A - Growth	3	168.02	10.21	12.68	40.84	11.89	1.22

Detailed Comparison

More Funds from Kotak Mahindra Mutual Fund

Out of 87 mutual fund schemes offered by this AMC, 2 is/are ranked 5 * , 9 is/are ranked 4 * , 18 is/are ranked 3 * , 1 is/are ranked 2 * , and 57 schemes are not ranked. See more about AMC

Scheme Name	Crisil Rank	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Kotak Standard Multicap Fund - Growth	3	29807.21	9.38	11.49	35.32	6.12	6.11
Kotak Liquid - Regular Plan - Growth	2	28418.60	0.27	0.81	1.68	4.33	6.09
Kotak Bond Short Term Plan - Growth	3	17050.35	0.69	2.83	5.05	9.87	8.47
Kotak Equity Arbitrage Fund - Growth	3	15289.36	0.16	0.86	1.36	4.23	5.63
Kotak Savings Fund - Growth	3	13539.44	0.37	1.13	2.57	6.01	7.06
Kotak Banking and PSU Debt Fund - Growth	4	10285.60	0.84	2.91	5.22	10.29	9.01
Kotak Banking and PSU Debt Fund - Growth	4	10285.60	0.73	3.05	5.13	10.40	9.20
Kotak Money Market - Growth	3	10114.06	0.35	1.12	2.39	5.83	7.22
Kotak Low Duration Fund - Growth	3	9426.55	0.56	1.81	4.22	8.12	7.87
Kotak Emerging Equity - Growth	3	7668.47	12.73	13.93	48.06	18.23	5.34