Fund Performance
Lumpsum
SIP
29.46
as on 26 May 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 21,695 today.
NAV Performance
Fund Information
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₹ 78.651
as on 26 May 2023 -
Regular - Growth
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2 / 37
-
₹ 500
-
₹ 3,560 Cr.
as on 30 Apr 2023 -
1.58%
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23 Nov 2005
-
Nifty 500 TRI
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Kotak Mahindra Mutual Fund
Show All Funds -
Data not available.
Highlights of this fund
Kotak Tax Saver Fund is an Open-ended Equity Fund. The fund belongs to ELSS category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 23 Nov 2005. This fund is offered by one of the top AMC (Assets Management Company) Kotak Mahindra Mutual Fund. You can also view here all other Equity funds offered by Kotak Mahindra Mutual Fund.
Latest NAV of the fund is ₹ 78.651 as on 26 May 2023.
This fund has 17 years of track record. Since 31 Mar 2023 expense ratio of this fund is 1.58%. Ideally you shoulds compare this fund with the benchmark Nifty 500 TRI.
You can invest in this fund in SIP with the minimum investment of ₹ 500. Lumpsum invest is offered with minimum investment of ₹ 500.
Fund Objective
To generate long-term capital appreciation from a diversified portfolio of equity and equity related securities and enable investors to avail the income tax rebate, as permitted from time to time.
List of Fund Managers of Kotak Tax Saver Fund
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About Harsha Upadhyaya
Mr. Harsha Upadhyaya has 23 years of proven experience spread over Equity Research & Fund Management. His prior stints have been with companies such as DSP BlackRock Investment Managers, Prabhudas Lilladher Pvt. Ltd, SG Asia Securities, Reliance Group and UTI Asset Management Co. Ltd.He holds a Bachelor of Engineering (Mechanical) from National Institute of Technology, Suratkal, a Post Graduate Management (Finance) from Indian Institute of Management, Lucknow, and is also a Chartered Financial Analyst from the CFA Institute.
Riskometer : Risk associated with this fund
Investors understand that their principal will be at Very High Risk
Fund Return Comparison
| Fund Name | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Category Best | 7.04% | 9.32% | 4.57% | 23.18% | 32.94% | 43.16% | 21.89% | 22.01% | 22.34% | 13.70% | 22.99% | 26.14% | 21.69% |
| Category Average | 4.54% | 6.01% | 0.94% | 16.31% | 11.01% | 27.42% | 11.20% | 14.80% | 14.97% | 8.51% | 15.07% | 14.64% | 13.35% |
| Kotak Tax Saver Fund | 3.76%₹ 10,376 | 6.29%₹ 10,629 | 2.01%₹ 10,201 | 18.93%₹ 11,893 | 16.71%₹ 13,052 | 12.70%₹ 12,701 | 10.98%₹ 26,787 | 29.46%₹ 21,695 | 17.24%₹ 46,411 | 14.15%₹ 19,392 | 16.68%₹ 90,979 | 15.34%₹ 41,724 | 14.84%₹ 2,60,726 |
| Quant Tax Plan | 3.76%₹ 10,375 | 7.20%₹ 10,719 | -5.28%₹ 9,471 | 13.51%₹ 11,351 | 8.63%₹ 12,549 | 13.36%₹ 12,849 | 8.44%₹ 26,132 | 43.16%₹ 29,340 | 22.99%₹ 50,286 | 21.90%₹ 26,940 | 26.14%₹ 1,14,375 | 22.01%₹ 73,244 | 21.69%₹ 3,77,291 |
| Mirae Asset Tax Saver Fund | 4.22%₹ 10,421 | 5.93%₹ 10,593 | 0.79%₹ 10,079 | 13.14%₹ 11,314 | 13.61%₹ 12,860 | 9.27%₹ 11,940 | 7.25%₹ 25,828 | 30.87%₹ 22,413 | 14.98%₹ 44,942 | 14.78%₹ 19,934 | 16.46%₹ 90,498 | - | - |
| IDFC Tax Advantage (elss) Fund | 5.74%₹ 10,574 | 7.56%₹ 10,756 | 3.20%₹ 10,320 | 19.04%₹ 11,903 | 18.94%₹ 13,188 | 13.51%₹ 12,884 | 11.82%₹ 27,006 | 37.68%₹ 26,095 | 21.33%₹ 49,146 | 12.80%₹ 18,277 | 19.46%₹ 97,367 | 17.19%₹ 48,936 | 16.03%₹ 2,77,959 |
| BOI AXA Tax Advantage Fund | 2.85%₹ 10,284 | 7.53%₹ 10,752 | 1.19%₹ 10,118 | 19.54%₹ 11,954 | 16.36%₹ 13,030 | 10.80%₹ 12,277 | 8.23%₹ 26,078 | 30.02%₹ 21,978 | 16.14%₹ 45,690 | 13.02%₹ 18,449 | 18.28%₹ 94,615 | 16.34%₹ 45,514 | 15.67%₹ 2,72,672 |
| Union Long Term Equity Fund | 5.61%₹ 10,561 | 5.61%₹ 10,561 | 0.64%₹ 10,063 | 16.46%₹ 11,646 | 14.47%₹ 12,913 | 12.85%₹ 12,736 | 8.93%₹ 26,259 | 29.10%₹ 21,518 | 15.99%₹ 45,593 | 13.47%₹ 18,825 | 16.45%₹ 90,466 | 12.75%₹ 33,248 | 12.81%₹ 2,33,937 |
Portfolio Holdings
Top Sector Holdings of Kotak Tax Saver Fund
| Name of Sector | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Banks | 23.44% | ₹ 834.26 Cr. |
| Passenger/Utility vehicles | 5.53% | ₹ 196.94 Cr. |
| Computers - Software | 4.82% | ₹ 171.49 Cr. |
| Cigarettes | 4.42% | ₹ 157.45 Cr. |
| Engineering, designing, construction | 4.36% | ₹ 155.04 Cr. |
| Others | 57.43% | - |
Top Stock Holdings of Kotak Tax Saver Fund
| Name of Stocks | Holding Percentage | Holding Values in Crore |
|---|---|---|
| ICICI Bank Ltd. | 6.70% | ₹ 238.59 Cr. |
| State Bank Of India | 4.87% | ₹ 173.49 Cr. |
| ITC Limited | 4.42% | ₹ 157.45 Cr. |
| Axis Bank Ltd. | 4.35% | ₹ 154.80 Cr. |
| HDFC Bank Ltd. | 4.27% | ₹ 151.88 Cr. |
| Others | 75.39% | - |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| Net Receivables | 1.82% |
| TREPS | 0.85% |