Kotak Tax Saver-Scheme-Growth - Direct - Regular - Latest NAV [ ₹79.05 ], Returns, Performance, Portfolio & Returns 2021

Kotak Tax Saver-Scheme-Growth - Direct

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Min amount: ₹500

Calculate Returns

20 yrs
₹500 invested monthly becomes
0 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
Note: Every instalment of SIP and every lumpsum order must complete the lock-in period before redemption.
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 Years--
5 Years16.99%
3 Years19.84%
1 Year56.59%
6 Months22.17%
Fund Details
RiskVery High Risk
Fund TypeELSS (Tax Savings)
Exit Load--

More about this fundstar

Top HoldingsWeightage
ICICI Bank Ltd7.99%
Infosys Ltd6.07%
State Bank of India5.02%
SRF Ltd4.51%
Larsen & Toubro Ltd4.28%
HDFC Bank Ltd3.87%
Tata Consultancy Services Ltd3.79%
Bajaj Finance Ltd3.18%
Reliance Industries Ltd3.01%
Gujarat Gas Ltd2.73%

About Kotak Tax Saver Fund - Direct Plan - Growth

Kotak Tax Saver Fund - Direct Plan - Growth is a tax-saving mutual fund. It allows investors to save taxes up to Rs 46,800 a year. Investing in the fund helps you claim a tax rebate, and also accumulate wealth in the long-term.

Pros and Cons of Kotak Tax Saver Fund - Direct Plan - Growth

Kotak Tax Saver Fund - Direct Plan - Growth is an equity linked savings scheme. Investors have the opportunity to claim a tax deduction up to Rs 1.5 lakh a year, under Section 80C of the Income Tax Act, 1961. On the flip side, the fund prevents you from withdrawing the investment for three years.

Fund Information and Statistics

i) Inception/Launch Date

Kotak Tax Saver Fund was launched on 01 January 2013.

ii) Risk Level

Kotak Mahindra Mutual Fund has placed Kotak Tax Saver Fund under the 'moderately high risk’ category. It is riskier as compared to debt funds.

iii) Redemption

Kotak Tax Saver Fund has a mandatory lock-in period of three years. Otherwise, there is no exit load on redemption of units.

iv) Fund Manager

Mr Harsha Upadhyaya is the current fund manager of the Kotak Tax Saver Fund.

v) Entry/Exit Load

There is no entry load as per the rules of Securities and Exchange Board of India (SEBI). The tax-saving fund does not levy an exit load.

About Kotak Mahindra Mutual Fund

Kotak Mahindra Mutual Fund is one of the largest fund houses in the country. The Kotak Mahindra Asset Management Company Limited (KMAMC), was registered with SEBI, way back in 1998. Kotak Mahindra Bank Limited is the sponsor of the fund and Kotak Mahindra Trustee Company Limited. is its trustee. The fund has total assets under management (AUM) of Rs 1.67 lakh crore as of June 2020.

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Min amount: ₹500

Calculate Returns

20 yrs
₹500 invested monthly becomes
0 in a period of 20 years
Very 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