Kotak Taxsaver Fund Growth - Latest NAV ₹46.522, Returns, Performance & Portfolio

Kotak Taxsaver Fund Growth

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Start your investment

Min amount: ₹500

Calculate Returns

Rs. 10,000 invested one time becomes Rs. 48,635 in a period of 20 years
  • Save up to Rs 46,800 in taxes every year.
  • Highest returns compared to other 80C investments.
  • Lowest lock-in of 3 years
Average Annualised Returns i
Tax rates i
30%Not taxable10%*
Returns after tax i
Current rate of Inflation i
Real Rate of Return i
Lock-in Period i
5 years15 years3 years
*Taxable @ 10% over and above Rs 1 lakh.

Fund Summarystar

PeriodReturns(per year)
10 Years8.6%
5 Years8.23%
3 Years4.19%
1 Year4.98%
6 Months23.54%
Fund Details
RiskModerately High risk
Fund TypeELSS (Tax Savings)
Exit Load--

More about this fundstar

Top HoldingsWeightage
Reliance Industries Ltd8.88%
Infosys Ltd6.52%
Tata Consultancy Services Ltd5.86%
Hindustan Unilever Ltd4.38%
ICICI Bank Ltd3.89%
SRF Ltd3.4%
Dr Reddy's Laboratories Ltd3.25%
HDFC Bank Ltd3.21%
Britannia Industries Ltd2.98%
Axis Bank Ltd2.5%

About Kotak Taxsaver Fund

Kotak Taxsaver Fund is an open-ended Equity Linked Savings Scheme (ELSS) which focuses on wealth creation along with tax benefit. The fund invests primarily in equity and equity-related securities without being biased by market capitalisation. It has a mandatory lock in period of 3 years. The fund follows a bottom-up stock picking strategy with emphasis on better earnings growth. The scheme does not guarantee assured returns due to presence of market risks.

Pros & Cons of Kotak Taxsaver Fund

Kotak Taxsaver Fund offers the following benefits:

  1. Save upto ?46,800 in taxes under section 80C of Income Tax Act, 1961 (by investing in ELSS funds)
  2. Shortest lock-in period allows the fund manager to take better decision and look through the interim volatility.
  3. Being a star-rated fund, it has outperformed the category by wide margin in 1 year, 3 year and 5 year time horizons. However, the fund was unable to beat the benchmark in 1 year and 10 year horizon.

Fund Information and Statistics of Kotak Taxsaver Fund

i) Inception / Launch date

Kotak Taxsaver Fund was launched on 23 November 2005 by Kotak Mahindra Mutual Fund.

ii) Risk level

Being a multi-cap fund, Kotak Taxsaver Fund is a moderately high risk bet and suitable for investors who have a long-term investment horizon of more than 5 years.

iii) Redemption

Redemption of Units can be made only after the expiry of the lock-in period of three years from the date of allotment of units which the holder has proposed to redeem. It will be done by a repurchase/buyback by the fund house. Under normal circumstances, your fund house will dispatch the redemption proceeds within 10 business days from date of receipt of request.

iv) Fund Manager

Mr. Harsha Upadhyaya, who holds a rich experience in fund management, has been managing the Kotak Taxsaver Fund since August 2015.

v) Entry / Exit load

The fund house does not charge any entry load and exit load for investing in Kotak Taxsaver Fund.

Tax benefits of investing in Kotak Taxsaver Fund

Kotak Taxsaver Fund has a lock-in period of three years which is the lowest amongst all other tax saving alternatives available in India. It helps you to claim a tax deduction of up to Rs. 1.5 lakhs under Section 80C from your Gross Total Income and enables saving taxes up to Rs. 46,800.

About Kotak Mahindra Mutual Fund

Kotak Mutual Fund caters to financial needs of individuals and the institutional investors across the globe. It was established in 1985 by Mr. Uday Kotak. It has 79 branches offering mutual funds. It was the harbinger for the private firms capable of managing pension funds in India. It has been providing resolutions for 15+ years for international clients, with services like banking, asset management, investment banking, life insurance, stock broking and general insurance.

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Start your investment

Min amount: ₹500

Calculate Returns

Rs. 10,000 invested one time becomes Rs. 48,635 in a period of 20 years
Moderately High risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns