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Kotak Tax Saver Scheme - Growth

  • Regular
  • Direct
Category : ELSS
  • NAV
    : ₹ 45.597 0.68%
    (as on 26th June, 2019)
Crisil Rank
Above average performance among peers
Risk-O-Meter
Moderately High
(Min ₹500 for SIP, ₹500 for one time investment)

Fund has 98.8% investment in indian stocks of which 54.71% is in large cap stocks, 28.53% is in mid cap stocks, 12.12% 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 25th June, 2019)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 18-Jun-19 10084.60 0.85% - 0.73% 35/67
1 Month 24-May-19 10045.20 0.45% - -1.10% 11/67
3 Month 25-Mar-19 10608.50 6.08% - 2.50% 5/67
6 Month 24-Dec-18 11123.10 11.23% - 5.67% 5/66
YTD 01-Jan-19 10892.80 8.93% - -0.35% 4/67
1 Year 25-Jun-18 11172.20 11.72% 11.72% 1.36% 2/63
2 Year 23-Jun-17 11710.40 17.10% 8.19% 4.85% 12/54
3 Year 24-Jun-16 14935.20 49.35% 14.29% 12.02% 8/47
5 Year 25-Jun-14 19136.00 91.36% 13.85% 11.46% 5/35
10 Year 25-Jun-09 33938.60 239.39% 12.99% 13.13% 15/29
Since Inception 23-Nov-05 45291.00 352.91% 11.75% 10.32% 28/60

SIP Returns (NAV as on 25th June, 2019)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 25-Jun-18 12000 13050.61 8.76 % 16.62 %
2 Year 23-Jun-17 24000 26314.07 9.64 % 9.13 %
3 Year 24-Jun-16 36000 42125.71 17.02 % 10.48 %
5 Year 25-Jun-14 60000 79986.02 33.31 % 11.45 %
10 Year 25-Jun-09 120000 235258.19 96.05 % 12.91 %
 

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,2019)

Portfolio Turnover Ratio : 130.24%  |   Category average turnover ratio is 103.93%  
Fund manager updated portfolio more frequently than peers in last 1 year. (I.e. fund manager held stocks/bonds in the portfolio for shorter duration than peers)
Equity Holding : 98.80% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 98.80%
No of Stocks : 52 (Category Avg - 44.48) | Large Cap Investments : 54.71%| Mid Cap Investments : 28.53% | Small Cap Investments : 12.12% | Other : 3.44%

Top 10 Stocks in Portfolio

How to read this table?
Stock Invested in Sector Value(Cr) % of Total Holdings 1M Change 1Y Highest Holding 1Y Lowest Holding Quantity 1M Change in Qty
Reliance Industries Ltd. Refineries/marketing 617.2 6.60% -0.59% 5.51% (Jun 2018) 5.51% (Jun 2018) 4.64 L 0.00
Axis Bank Ltd. Banks 590.1 6.31% 0.33% 1.4% (Jun 2018) 1.4% (Jun 2018) 7.30 L 30.00 k
ICICI Bank Ltd. Banks 582.6 6.23% 0.22% 2.64% (Jun 2018) 2.64% (Jun 2018) 13.75 L 50.00 k
HDFC Bank Ltd. Banks 582.1 6.23% 0.04% 6.12% (Aug 2018) 6.12% (Aug 2018) 2.40 L 0.00
Larsen & Toubro Ltd. Engineering, designing, construction 381.6 4.08% 0.40% 3.68% (Apr 2019) 3.68% (Apr 2019) 2.45 L 0.00
Tata Consultancy Services Ltd. Computers - software 373.4 4.00% -0.28% 3.83% (Mar 2019) 3.83% (Mar 2019) 1.70 L 0.00
GlaxoSmithKline Consumer Healthcare Ltd. Consumer food 332.7 3.56% -0.09% 3.34% (Jul 2018) 3.34% (Jul 2018) 45.00 k 0.00
Infosys Ltd. Computers - software 332 3.55% -0.21% 3.55% (May 2019) 3.55% (May 2019) 4.50 L 0.00
SRF Ltd. Textiles 298.9 3.20% 0.20% 1% (Jul 2018) 1% (Jul 2018) 1.05 L 0.00
Au Small Finance Bank Ltd. Banks 275 2.94% 0.11% 2.01% (Jun 2018) 2.01% (Jun 2018) 3.95 L 0.00
- indicates change in weight in the portfolio. # indicates a new entry.
Name Type of Instrument Weight (%)
CBLO CBLO 1.34%
Net Receivables Net Receivables -0.14%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 31st May, 2019)

  • Standard Deviation

    High volatility
    12.98vs9.47
    Category Avg
  • Beta

    High volatility
    0.95vs0.67
    Category Avg
  • Sharpe Ratio

    Better risk adjusted returns
    0.67vs0.34
    Category Avg
  • Treynor's Ratio

    Better risk adjusted returns
    0.09vs0.05
    Category Avg
  • Jension's Alpha

    Better risk adjusted returns
    1.98vs-0.27
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Canara Robeco Equity Tax Saver - Regular Plan - Growth 5 982.77 -0.13 3.78 10.33 11.80 14.68
Mirae Asset Tax Saver Fund - Regular Plan - Growth 5 2111.58 1.12 3.91 9.72 11.63 19.77
Tata India Tax Savings Fund - Regular Plan - Growth NA 1873.40 1.19 4.80 12.36 10.76 14.47
DSP Tax Saver Fund - Regular Plan - Growth 3 5642.77 -0.29 2.83 10.33 9.37 13.59
ICICI Prudential Long Term Equity Fund (Tax Saving) - Growth 4 6424.90 0.36 3.48 8.68 8.61 12.10
HDFC Tax Saver Fund - Growth 3 7544.77 0.56 1.99 8.45 7.15 12.67
JM Tax Gain Fund - Growth 3 32.67 1.20 4.58 10.48 7.12 15.75
LIC MF Tax Plan 1997 - Growth 4 227.18 1.34 3.98 5.44 6.97 13.06
BNP Paribas Long Term Equity Fund - Growth 2 476.90 1.35 5.49 9.79 6.68 10.23
Quantum Tax Saving Fund - Growth NA 80.92 -0.22 0.88 4.15 6.16 0.00

More Funds from Kotak Mahindra Mutual Fund

Out of 87 mutual fund schemes offered by this AMC, 2 is/are ranked 5 * , 10 is/are ranked 4 * , 10 is/are ranked 3 * , 2 is/are ranked 2 * , 1 is/are ranked 1 * , and 62 schemes are not ranked. See more about AMC

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Kotak Liquid - Regular Plan - Growth 5 31693.95 0.59 1.78 3.56 7.38 7.05
Kotak Standard Multicap Fund - Growth 4 25531.08 -0.75 4.78 10.53 9.66 15.09
Kotak Equity Arbitrage Fund - Growth 4 13359.98 0.59 1.82 3.22 6.48 6.27
Kotak Savings Fund - Growth 4 13037.38 0.65 1.98 4.14 8.06 7.43
Kotak Bond Short Term Plan - Growth 4 8993.42 0.94 2.25 4.79 8.82 7.32
Kotak Money Market - Growth 3 8606.74 0.67 2.07 4.26 8.35 7.40
Kotak Low Duration Fund - Growth 2 5146.39 0.17 1.49 3.72 7.67 7.62
Kotak Credit Risk Fund - Growth 4 4916.31 0.69 1.83 3.83 7.50 7.55
Kotak Emerging Equity - Growth 3 4326.31 0.04 2.21 5.04 0.10 11.42
Kotak Medium Term Fund - Regular Plan - Growth 3 3938.72 -1.16 -0.05 2.00 5.48 6.81

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