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Fund Overview

Fund Size

Fund Size

₹5,769 Cr

Expense Ratio

Expense Ratio

0.58%

ISIN

ISIN

INF174K01LI3

Minimum SIP

Minimum SIP

₹500

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

01 Jan 2013

About this fund

Kotak Taxsaver Fund Direct Growth is a ELSS (Tax Savings) mutual fund schemes offered by Kotak Mahindra Mutual Fund. This fund has been in existence for 11 years, 5 months and 21 days, having been launched on 01-Jan-13.
As of 21-Jun-24, it has a Net Asset Value (NAV) of ₹132.88, Assets Under Management (AUM) of 5768.54 Crores, and an expense ratio of 0.58%.
  • Kotak Taxsaver Fund Direct Growth has given a CAGR return of 17.79% since inception.
  • The fund's asset allocation comprises around 98.68% in equities, 0.00% in debts, and 1.32% in cash & cash equivalents.
  • You can start investing in Kotak Taxsaver Fund Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹500.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+42.73%

+38.32% (Cat Avg.)

3 Years

+22.99%

+19.68% (Cat Avg.)

5 Years

+22.12%

+19.34% (Cat Avg.)

10 Years

+18.81%

+15.61% (Cat Avg.)

Since Inception

+17.79%

(Cat Avg.)

Portfolio Summaryas of 31st May 2024

Equity5,692.26 Cr98.68%
Others76.28 Cr1.32%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Maruti Suzuki India LtdEquity278.98 Cr4.84%
HDFC Bank LtdEquity268.02 Cr4.65%
ICICI Bank LtdEquity235.42 Cr4.08%
State Bank of IndiaEquity224.19 Cr3.89%
Larsen & Toubro LtdEquity215.94 Cr3.74%
Axis Bank LtdEquity209.19 Cr3.63%
NTPC LtdEquity179.5 Cr3.11%
Linde India LtdEquity174.19 Cr3.02%
Bosch LtdEquity158.05 Cr2.74%
Reliance Industries LtdEquity143.04 Cr2.48%
Jindal Steel & Power LtdEquity138.8 Cr2.41%
Hindustan Petroleum Corp LtdEquity134.34 Cr2.33%
Hero MotoCorp LtdEquity127.99 Cr2.22%
Bharat Petroleum Corp LtdEquity125.56 Cr2.18%
GAIL (India) LtdEquity122.58 Cr2.12%
Infosys LtdEquity112.55 Cr1.95%
Hindustan Unilever LtdEquity110.63 Cr1.92%
Sun Pharmaceuticals Industries LtdEquity105.84 Cr1.83%
Kalpataru Projects International LtdEquity104.57 Cr1.81%
Data Patterns (India) LtdEquity103.98 Cr1.80%
ABB India LtdEquity103.97 Cr1.80%
Ambuja Cements LtdEquity101.45 Cr1.76%
Tech Mahindra LtdEquity98.28 Cr1.70%
Bharti Airtel LtdEquity98.05 Cr1.70%
Cummins India LtdEquity97.66 Cr1.69%
Exide Industries LtdEquity92.77 Cr1.61%
Bank of BarodaEquity92.72 Cr1.61%
UltraTech Cement LtdEquity89.24 Cr1.55%
Power Grid Corp Of India LtdEquity83.7 Cr1.45%
Blue Star LtdEquity82.76 Cr1.43%
SRF LtdEquity79.61 Cr1.38%
KNR Constructions LtdEquity79.47 Cr1.38%
Bharat Forge LtdEquity77.73 Cr1.35%
Kaynes Technology India LtdEquity76.25 Cr1.32%
Solar Industries India LtdEquity70.28 Cr1.22%
Voltas LtdEquity67.99 Cr1.18%
Thermax LtdEquity67.56 Cr1.17%
Kotak Mahindra Bank LtdEquity67.22 Cr1.17%
Triparty RepoCash - Repurchase Agreement66.58 Cr1.15%
Carborundum Universal LtdEquity66.13 Cr1.15%
Cipla LtdEquity65.12 Cr1.13%
Zydus Lifesciences LtdEquity63.81 Cr1.11%
United Spirits LtdEquity63.77 Cr1.11%
Tata Steel LtdEquity60.19 Cr1.04%
Coromandel International LtdEquity58.83 Cr1.02%
SBI Life Insurance Company LimitedEquity55.46 Cr0.96%
ICICI Securities LtdEquity52.63 Cr0.91%
Sun TV Network LtdEquity49.23 Cr0.85%
CRISIL LtdEquity47.2 Cr0.82%
SKF India LtdEquity44.91 Cr0.78%
Hindalco Industries LtdEquity41.36 Cr0.72%
Sundaram Finance LtdEquity40.73 Cr0.71%
Gujarat State Petronet LtdEquity39.15 Cr0.68%
JK Tyre & Industries LtdEquity33.43 Cr0.58%
Ashoka Buildcon LtdEquity27.5 Cr0.48%
Garware Technical Fibres LtdEquity24.48 Cr0.42%
Bharti Hexacom LtdEquity22.01 Cr0.38%
G R Infraprojects LtdEquity18.83 Cr0.33%
Hawkins Cookers LtdEquity13.9 Cr0.24%
Net Current Assets/(Liabilities)Cash9.71 Cr0.17%
Bharti Airtel Ltd (Partly Paid Rs.1.25)Equity3.52 Cr0.06%

Allocation By Market Cap (Equity)

Large Cap Stocks

62.34%

Mid Cap Stocks

23.81%

Small Cap Stocks

12.54%

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services1,292.77 Cr22.41%
Industrials1,157.53 Cr20.07%
Basic Materials813.95 Cr14.11%
Consumer Cyclical807.33 Cr14.00%
Utilities424.93 Cr7.37%
Energy402.94 Cr6.99%
Healthcare234.77 Cr4.07%
Technology210.83 Cr3.65%
Consumer Defensive174.4 Cr3.02%
Communication Services172.82 Cr3.00%

Risk & Performance Ratios

Standard Deviation

This fund

11.33%

Cat. avg.

12.52%

Lower the better

Sharpe Ratio

This fund

1.35

Cat. avg.

0.97

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

1.80

Higher the better

Fund Managers

HU

Harsha Upadhyaya

Since August 2015

Additional Scheme Detailsas of 31st May 2024

ISININF174K01LI3Expense Ratio0.58%Exit LoadNo ChargesFund Size₹5,769 CrAge01 Jan 2013Lumpsum Minimum₹500Fund StatusOpen Ended Investment CompanyBenchmarkNifty 500 TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Withdrawal within 1 year

Flat 15% tax on realised gains (STCG - short term capital gains)

Withdrawal after 1 year

10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar ELSS (Tax Savings) Funds

Fund nameExpense RatioExit LoadFund size
1Y
Tata India Tax Savings Fund Direct Growth

Very High Risk

0.7%0.0%₹4199.87 Cr38.0%
Tata India Tax Savings Fund Regular Growth

Very High Risk

1.8%0.0%₹4199.87 Cr36.5%
Axis Long Term Equity Fund Regular Growth

Very High Risk

1.5%0.0%₹34895.64 Cr26.7%
Parag Parikh Tax Saver Fund Direct Growth

Very High Risk

0.6%0.0%₹3454.03 Cr34.1%
Parag Parikh Tax Saver Fund Regular Growth

Very High Risk

1.7%0.0%₹3454.03 Cr32.6%
Shriram Long Term Equity Fund Direct Growth

Very High Risk

0.8%0.0%₹51.18 Cr42.4%
Shriram Long Term Equity Fund Regular Growth

Very High Risk

2.3%0.0%₹51.18 Cr40.1%
ITI Long Term Equity Fund Direct Growth

Very High Risk

0.5%0.0%₹337.77 Cr57.6%
ITI Long Term Equity Fund Regular Growth

Very High Risk

2.3%0.0%₹337.77 Cr54.8%
Sundaram Diversified Equity Regular Growth

Very High Risk

2.2%0.0%₹1577.96 Cr27.6%

About the AMC

Total AUM

₹4,28,353 Cr

Address

2nd Floor, 12-BKC, Plot No C-12, Mumbai, 400 051

Other Funds by Kotak Mahindra Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Kotak FMP Series 327 Direct Growth

Moderately High risk

-0.0%--
Kotak FMP Series 326 - 175 Days Direct Growth

Moderate Risk

----
Kotak FMP Series 325 - 90 Days Direct Growth

Moderate Risk

-0.0%--
Kotak FMP Series 324 - 109 Days Direct Growth

Moderately High risk

-0.0%--
Kotak Healthcare Fund Direct Growth

Very High Risk

0.7%1.0%₹288.07 Cr-
Kotak FMP Series 323 Direct Growth

Low Risk

-0.0%--
Kotak Consumption Fund Direct Growth

Very High Risk

0.7%1.0%₹604.38 Cr-
Kotak Nifty G-Sec July 2033 Index Fund Direct Growth

Moderate Risk

0.1%0.0%₹19.62 Cr-
Kotak Multi Asset Allocation Fund Direct Growth

High Risk

0.3%1.0%₹6089.40 Cr-
Kotak S&P BSE Housing Index Fund Direct Growth

Very High Risk

0.2%0.0%₹14.03 Cr-
Kotak Fixed Maturity Plan 1174 Days Series 268 Direct Growth

Low to Moderate Risk

-0.0%--
Kotak FMP Series 308 - 1125 Days Direct Growth

Low Risk

-0.0%-7.6%
Kotak Yearly Interval Plan Series 1 Direct Growth

Low to Moderate Risk

-0.0%--
Kotak Fixed Maturity Plan 1355 Days Series 286 Direct Growth

Low to Moderate Risk

----
Kotak FMP Series 304 Direct Growth

Moderate Risk

---7.4%
Kotak Fixed Maturity Plan Series 262 Direct Growth

Low to Moderate Risk

-0.0%--
Kotak FMP Series 291 - 1826 Days Direct Growth

Low to Moderate Risk

-0.0%--
Kotak Fixed Maturity Plan Series 264 Direct Growth

Low to Moderate Risk

-0.0%--
Kotak FMP Series 310 - 1131 Days Direct Growth

Moderate Risk

-0.0%-7.1%
Kotak FMP Series 306 Direct Growth

Moderate Risk

-0.0%--
Kotak Quarterly Interval Series 12 Direct Growth

Low to Moderate Risk

-0.0%--
Kotak Fixed Maturity Plan Series 249 Direct Growth

Low to Moderate Risk

-0.0%--
Kotak FMP Series 295 Direct Growth

Moderate Risk

-0.0%--
Kotak Fixed Maturity Plan Series 258 Direct Growth

Low to Moderate Risk

-0.0%--
Kotak FMP Series 298 Direct Growth

Low to Moderate Risk

-0.0%--
Kotak FMP Series 290 - 1180 Days Direct Growth

Low to Moderate Risk

-0.0%--
Kotak Monthly Interval Series 4 Direct Growth

Low to Moderate Risk

-0.0%--
Kotak FMP Series 293 - 1826 Days Direct Growth

Moderate Risk

-0.0%--
Kotak India Growth Fund Series IV Direct Growth

Very High Risk

0.3%0.0%₹132.94 Cr50.2%
Kotak Fixed Maturity Plan Series 260 Direct Growth

Low to Moderate Risk

-0.0%--
Kotak FMP Series 287 - 1188 days Direct Growth

Low to Moderate Risk

-0.0%--
Kotak Fixed Maturity Plan Series 272 Direct Growth

Low to Moderate Risk

----
Kotak Fixed Maturity Plan Series 273 Direct Growth

Low to Moderate Risk

----
Kotak FMP Series 305 Direct Growth

Low to Moderate Risk

-0.0%-7.1%
Kotak FMP Series 300 - 1223 days Direct Growth

Low to Moderate Risk

-0.0%-7.1%
Kotak Quarterly Interval Series 13 Direct Growth

Low to Moderate Risk

-0.0%--
Kotak FMP Series 292 - 1735 Days Direct Growth

Low to Moderate Risk

-0.0%₹425.95 Cr7.3%
Kotak FMP Series 289 -1179 days Direct Growth

Low to Moderate Risk

-0.0%--
Kotak FMP Series 288 -1177 days Direct Growth

Low to Moderate Risk

-0.0%--
Kotak Small Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹15282.62 Cr44.0%
Kotak Flexicap Fund Direct Growth

Very High Risk

0.6%1.0%₹48469.47 Cr39.8%
Kotak Equity Opportunities Fund Direct Growth

Very High Risk

0.5%1.0%₹22329.12 Cr47.4%
Kotak Taxsaver Fund Direct Growth

Very High Risk

0.6%0.0%₹5768.54 Cr42.7%
Kotak Nifty 200 Momentum 30 Index Fund Direct Growth

Very High Risk

0.4%0.0%₹202.41 Cr65.1%
Kotak Nifty 50 Index Fund Direct Growth

Very High Risk

0.1%0.0%₹663.74 Cr25.6%
Kotak Infrastructure and Economic Reform Fund Direct Growth

Very High Risk

0.7%1.0%₹1989.53 Cr64.3%
Kotak Low Duration Fund Direct Growth

Moderate Risk

0.4%0.0%₹9087.61 Cr7.6%
Kotak Bluechip Fund Direct Growth

Very High Risk

0.6%1.0%₹8199.81 Cr35.0%
Kotak Bond Fund Direct Growth

Moderate Risk

0.7%0.0%₹1950.46 Cr8.5%
Kotak Bond Fund Short Term Plan Direct Growth

Moderate Risk

0.4%0.0%₹14994.01 Cr7.6%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
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The NAV of Kotak Taxsaver Fund Direct Growth, as of 21-Jun-2024, is ₹132.88.
The fund has generated 42.73% over the last 1 year and 22.99% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 98.68% in equities, 0.00% in bonds, and 1.32% in cash and cash equivalents.
The fund managers responsible for Kotak Taxsaver Fund Direct Growth are:-
  1. Harsha Upadhyaya