Kotak Taxsaver Fund Direct Growth

Fund Overview

Fund Size

₹6,101 Cr

Expense Ratio

0.58%

ISIN

INF174K01LI3

Minimum SIP

₹500

Exit Load

No Charges

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, 6 months and 25 days, having been launched on 01-Jan-13.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹135.64, Assets Under Management (AUM) of 6100.96 Crores, and an expense ratio of 0.58%.

Kotak Taxsaver Fund Direct Growth has given a CAGR return of 17.84% since inception.
The fund's asset allocation comprises around 99.29% in equities, 0.00% in debts, and 0.71% 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

+40.15%

+37.41% (Cat Avg.)

3 Years

+22.47%

+19.51% (Cat Avg.)

5 Years

+23.70%

+21.13% (Cat Avg.)

10 Years

+18.63%

+15.42% (Cat Avg.)

Since Inception

+17.84%

— (Cat Avg.)

Portfolio Summaryas of 30th June 2024

Equity	₹6,057.73 Cr	99.29%
Others	₹43.23 Cr	0.71%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
HDFC Bank Ltd	Equity	₹437.79 Cr	7.18%
Reliance Industries Ltd	Equity	₹281.77 Cr	4.62%
ICICI Bank Ltd	Equity	₹251.92 Cr	4.13%
State Bank of India	Equity	₹229.22 Cr	3.76%
Axis Bank Ltd	Equity	₹227.75 Cr	3.73%
Larsen & Toubro Ltd	Equity	₹208.83 Cr	3.42%
NTPC Ltd	Equity	₹189.18 Cr	3.10%
Infosys Ltd	Equity	₹188.01 Cr	3.08%
Bosch Ltd	Equity	₹177.24 Cr	2.91%
Linde India Ltd	Equity	₹165.98 Cr	2.72%
Jindal Steel & Power Ltd	Equity	₹140.99 Cr	2.31%
Hero MotoCorp Ltd	Equity	₹139.49 Cr	2.29%
GAIL (India) Ltd	Equity	₹131.73 Cr	2.16%
Hindustan Unilever Ltd	Equity	₹129.84 Cr	2.13%
Tech Mahindra Ltd	Equity	₹128.73 Cr	2.11%
Hindustan Petroleum Corp Ltd	Equity	₹124.54 Cr	2.04%
Bharat Petroleum Corp Ltd	Equity	₹121.58 Cr	1.99%
Sun Pharmaceuticals Industries Ltd	Equity	₹114.06 Cr	1.87%
Ambuja Cements Ltd	Equity	₹107.24 Cr	1.76%
Data Patterns (India) Ltd	Equity	₹105.35 Cr	1.73%
UltraTech Cement Ltd	Equity	₹105.01 Cr	1.72%
Bharti Airtel Ltd	Equity	₹103.15 Cr	1.69%
Kalpataru Projects International Ltd	Equity	₹102.87 Cr	1.69%
Power Grid Corp Of India Ltd	Equity	₹102.59 Cr	1.68%
Bank of Baroda	Equity	₹96.39 Cr	1.58%
SRF Ltd	Equity	₹87.7 Cr	1.44%
KNR Constructions Ltd	Equity	₹87.18 Cr	1.43%
Blue Star Ltd	Equity	₹85.81 Cr	1.41%
Exide Industries Ltd	Equity	₹84.68 Cr	1.39%
Bharat Forge Ltd	Equity	₹83.52 Cr	1.37%
Kotak Mahindra Bank Ltd	Equity	₹81.11 Cr	1.33%
Coromandel International Ltd	Equity	₹80.04 Cr	1.31%
Kaynes Technology India Ltd	Equity	₹77.07 Cr	1.26%
ABB India Ltd	Equity	₹76.42 Cr	1.25%
Solar Industries India Ltd	Equity	₹75.16 Cr	1.23%
Voltas Ltd	Equity	₹73.61 Cr	1.21%
United Spirits Ltd	Equity	₹70.21 Cr	1.15%
Carborundum Universal Ltd	Equity	₹69.29 Cr	1.14%
Zydus Lifesciences Ltd	Equity	₹68.52 Cr	1.12%
Cipla Ltd	Equity	₹66.64 Cr	1.09%
Tata Steel Ltd	Equity	₹66.12 Cr	1.08%
Cummins India Ltd	Equity	₹65.45 Cr	1.07%
Thermax Ltd	Equity	₹61.54 Cr	1.01%
Sun TV Network Ltd	Equity	₹60.18 Cr	0.99%
Maruti Suzuki India Ltd	Equity	₹60.17 Cr	0.99%
ICICI Securities Ltd	Equity	₹55.78 Cr	0.91%
CRISIL Ltd	Equity	₹48.9 Cr	0.80%
SKF India Ltd	Equity	₹48.51 Cr	0.80%
Sundaram Finance Ltd	Equity	₹44.57 Cr	0.73%
Hindalco Industries Ltd	Equity	₹41.61 Cr	0.68%
Gujarat State Petronet Ltd	Equity	₹40.03 Cr	0.66%
Triparty Repo	Cash - Repurchase Agreement	₹39.9 Cr	0.65%
JK Tyre & Industries Ltd	Equity	₹35.45 Cr	0.58%
Ashoka Buildcon Ltd	Equity	₹33.68 Cr	0.55%
Garware Technical Fibres Ltd	Equity	₹27.13 Cr	0.44%
DEE Development Engineers Ltd	Equity	₹25.88 Cr	0.42%
Bharti Hexacom Ltd	Equity	₹24.02 Cr	0.39%
G R Infraprojects Ltd	Equity	₹21.75 Cr	0.36%
Hawkins Cookers Ltd	Equity	₹15.04 Cr	0.25%
Bharti Airtel Ltd (Partly Paid Rs.1.25)	Equity	₹3.72 Cr	0.06%
Net Current Assets/(Liabilities)	Cash	₹3.33 Cr	0.05%

Allocation By Market Cap (Equity)

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹1,473.42 Cr	24.15%
Industrials	₹1,143.24 Cr	18.74%
Basic Materials	₹869.86 Cr	14.26%
Consumer Cyclical	₹622.72 Cr	10.21%
Energy	₹527.89 Cr	8.65%
Utilities	₹463.53 Cr	7.60%
Technology	₹316.74 Cr	5.19%
Healthcare	₹249.22 Cr	4.08%
Consumer Defensive	₹200.04 Cr	3.28%
Communication Services	₹191.07 Cr	3.13%

Risk & Performance Ratios

Fund Managers

Harsha Upadhyaya

Since August 2015

Additional Scheme Detailsas of 30th June 2024

ISIN

INF174K01LI3

Expense Ratio

0.58%

Exit Load

No Charges

Fund Size

₹6,101 Cr

Age

01 Jan 2013

Lumpsum Minimum

₹500

Fund Status

Open Ended Investment Company

Benchmark

Nifty 500 TR INR

Investment 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 name	Expense Ratio	Exit Load	Fund size	1Y
Tata India Tax Savings Fund Direct Growth Very High Risk	0.7%	0.0%	₹4551.18 Cr	34.0%
Tata India Tax Savings Fund Regular Growth Very High Risk	1.8%	0.0%	₹4551.18 Cr	32.5%
Axis Long Term Equity Fund Regular Growth Very High Risk	1.5%	0.0%	₹37106.30 Cr	29.4%
Parag Parikh Tax Saver Fund Direct Growth Very High Risk	0.6%	0.0%	₹3731.20 Cr	36.0%
Parag Parikh Tax Saver Fund Regular Growth Very High Risk	1.7%	0.0%	₹3731.20 Cr	34.5%
Shriram Long Term Equity Fund Direct Growth Very High Risk	0.8%	0.0%	₹54.22 Cr	41.8%
Shriram Long Term Equity Fund Regular Growth Very High Risk	2.3%	0.0%	₹54.22 Cr	39.5%
ITI Long Term Equity Fund Direct Growth Very High Risk	0.5%	0.0%	₹363.38 Cr	55.5%
ITI Long Term Equity Fund Regular Growth Very High Risk	2.3%	0.0%	₹363.38 Cr	52.7%
Sundaram Diversified Equity Regular Growth Very High Risk	2.2%	0.0%	₹1649.12 Cr	25.5%

About the AMC

Kotak Mahindra Mutual Fund

+91 22 61152100

https://www.kotakmf.com/

Total AUM

₹4,47,798 Cr

Address

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

Other Funds by Kotak Mahindra Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund 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%	₹307.81 Cr	-
Kotak FMP Series 323 Direct Growth Low Risk	-	0.0%	-	-
Kotak Consumption Fund Direct Growth Very High Risk	0.7%	1.0%	₹682.95 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%	₹6525.61 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 Moderately High risk	-	0.0%	-	7.8%
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	-	-	-	8.7%
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%	-	7.6%
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 Cr	50.2%
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%	-	7.6%
Kotak FMP Series 300 - 1223 days Direct Growth Low to Moderate Risk	-	0.0%	-	7.6%
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%	₹429.24 Cr	7.6%
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%	₹16707.37 Cr	45.4%
Kotak Flexicap Fund Direct Growth Very High Risk	0.6%	1.0%	₹51094.44 Cr	37.3%
Kotak Equity Opportunities Fund Direct Growth Very High Risk	0.5%	1.0%	₹24055.26 Cr	43.3%
Kotak Taxsaver Fund Direct Growth Very High Risk	0.6%	0.0%	₹6100.96 Cr	40.1%
Kotak Nifty 200 Momentum 30 Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹202.41 Cr	62.7%
Kotak Nifty 50 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹710.87 Cr	25.1%
Kotak Infrastructure and Economic Reform Fund Direct Growth Very High Risk	0.7%	1.0%	₹2272.88 Cr	59.8%
Kotak Low Duration Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹10490.91 Cr	7.7%
Kotak Bluechip Fund Direct Growth Very High Risk	0.6%	1.0%	₹8847.88 Cr	34.6%
Kotak Bond Fund Direct Growth Moderate Risk	0.7%	0.0%	₹1982.14 Cr	8.7%
Kotak Bond Fund Short Term Plan Direct Growth Moderate Risk	0.4%	0.0%	₹15018.79 Cr	7.8%

Risk Level

Your principal amount will be at Very High Risk

Still got questions?
We're here to help.

What is the current NAV of Kotak Taxsaver Fund Direct Growth?

The NAV of Kotak Taxsaver Fund Direct Growth, as of 25-Jul-2024, is ₹135.64.

What are the returns of Kotak Taxsaver Fund Direct Growth?

The fund has generated 40.15% over the last 1 year and 22.47% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of Kotak Taxsaver Fund Direct Growth?

The fund's allocation of assets is distributed as 99.29% in equities, 0.00% in bonds, and 0.71% in cash and cash equivalents.

Who manages the Kotak Taxsaver Fund Direct Growth?

The fund managers responsible for Kotak Taxsaver Fund Direct Growth are:-

Harsha Upadhyaya

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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