Why investing in ELSS is a smart choice?

INVESTMENT EQUITY LINKED SAVING SCHEME (ELSS) BANK FIXED DEPOSIT (FD) PUBLIC PROVIDENT FUND (PFF) NATIONAL SAVINGCERTIFICATE (NSC)
RETURNS 18.27%*** 6.0%^^ 7.9%^ 7.8%**
LOCK-IN PERIOD 3 YEARS 5 YEARS 15 YEARS 15 YEARS
TYPE OF RETURNS MARKET LINKED FIXED FIXED FIXED
IS RETURN TAXABLE? TAXABLE^^^ TAXABLE TAX FREE TAXABLE

*Tax benefit is calculated assuming tax rate of 30% as increased by Health and Education Cess of 4% on the investment made in ELSS of Rs.1,50,000 in a financial year. Tax benefit is for indicative purpose and assuming that all the conditions mentioned u/s 80C and other sections of Income Tax Act, 1961 are fulfilled. This is not tax advice. Please consult your tax advisor before taking any action.

***ELSS category average of last 5 years of schemes AUM more than 100 Cr as on 30th Nov, 2017- from ICRA. The above comparison has been given for the purpose of the general information only. Investments in mutual funds should not be construed as a guarantee of any minimum returns. ELSS invests in equity and there is no capital protection guarantee or assurance of any return in mutual fund investment. Kindly consult your financial advisor before investing. Past performance may or may not be sustained in future.

^^^Long Term Capital Gains exceeding Rs.1 lakh taxable @10% plus applicable cess and surcharge (without indexation benefit) w.e.f. 1.04.2018.

^^ FD Returns:
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^^ PPF:
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** NSC:
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ELSS CALCULATOR

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Why Kotak Tax Saver ?

  • Flexible
    Investment ApproachIt follows a flexi cap approach and is not biased by market capitalization.

  • Comprehensive
    Investment StrategyEmphasis on Bottom-up stock selection with a top-down thematic overlay helps identify stock opportunities.

  • Adequate
    DiversificationRisk is managed through adequate diversification by spreading investments over a range of sectors & companies.

Current investment theme

  • Domestic
    Consumption FocusFocus on sectors and companies which will benefit from the domestic growth story & various government measures to spur consumption growth.

  • InfrastructureSpecial attention to take advantage from government’s focus to improve infrastructure.

  • rural focusEmphasis on benefitting from government measures to revive rural economy post-demonetisation.

  • Better earnings
    growthInvests in companies where long term growth is expected to be more than the average market growth.

FAQ'S

Under section 80C, a deduction of 1,50,000 can be claimed from your total income. In simple terms, you can reduce up to 1,50,000 from your total taxable income through section 80C. This deduction is allowed to an Individual or an HUF.
Investment option under Sec 80C

Section Deduction on FY 2016-17
Section 80C
  • - Investment in PPF
  • - Employee’s share of PF contribution
  • - NSCs
  • - Life Insurance Premium payment
  • - Children’s Tuition Fee
  • - Principal Repayment of home loan
  • - Investment in Sukanya Samridhi Account
  • - ULIPS
  • - ELSS
  • - Sum paid to purchase deferred annuity
  • - Five year deposit scheme
  • - Senior Citizens savings scheme
  • - Subscription to notified securities/notified deposits scheme
  • - Contribution to notified Pension Fund set up by Mutual Fund or UTI.
  • - Subscription to Home Loan Account Scheme of the National Housing Bank
  • - Subscription to deposit scheme of a public sector or company engaged in providing housing finance
  • - Contribution to notified annuity Plan of LIC
  • - Subscription to equity shares/ debentures of an approved eligible issue
  • - Subscription to notified bonds of NABARD
1,50,000

An ELSS is an open-ended equity mutual fund that aims to grow money by investing in the equity market and also offers the tax benefits under Section 80C of the Income Tax Act, 1961.

  • - Save Tax under 80C: One can claim deduction under 80C upto Rs 150000 by investing in ELSS and will end up saving Rs 46800 as tax
  • - Wealth creation: Investment in ELSS not only helps you save tax under 80C, but also create wealth over long term.
  • - Shortest Lock-in period: ELSS has the shortest lock-in period of 3 years unlike other tax saving avenues under Section 80C.
  • - Online : Visit our Website (www.kotakamc.com)
  • - Offline: Please click here to download the form and submit the same at our nearest Kotak Mutual fund branch.
  • - Demat: One can invest in ELSS through Demat.

One can invest in ELSS through Monthly investment that is SIP
By investing one (lumpsum investment.)

Fund Features

Type of Scheme An open-ended equity linked saving scheme
Plans Kotak Tax saver & Kotak tax saver direct plan; Options: Growth & Direct
Minimum Application Amount 500 and in multiple of 500
Minimum Additional Application Amount 500 & in multiples of 500.
Entry Load Nil
Exit Load Exit load is not applicable for Kotak Tax Saver Scheme
Fund Manager Mr. Harsha Upadhyaya

Scheme Performance Summary

SYSTEMATIC INVESTMENT PLAN (SIP)
Systematic Invetment Plan (SIP) if you had invested 10,000 every month
Monthly SIP of Rs. 10,000 1 year 3 years 5 years 7 years 10 years Since Inception
Total Amount Invested ( ) 1,20,000 3,60,000 6,00,000 8,40,000 12,00,000 15,00,000
Total Value as on Apr 30, 2018 ( ) 1,22,792 4,39,316 9,03,303 14,70,764 25,25,244 34,30,138
Scheme Returns (%) 4.38 13.40 16.40 15.73 14.25 12.47
Nifty 500 (TRI) ( )# 1,28,894 4,64,517 9,04,748 14,76,565 25,43,242 35,61,278
Nifty 500 (TRI) Returns (%) 14.14 17.32 16.46 15.84 14.38 13.01
Nifty 50 (TRI) ( )^ 1,28,627 4,49,582 8,42,764 13,59,145 23,29,850 32,99,002
Nifty 50 (TRI) Returns (%) 13.71 15.02 13.58 13.52 12.74 11.90

Data as on April 30th, 2018.

Scheme Inception: - November 23, 2005. The returns are calculated by XIRR approach assuming investment of 10,000/- on the 1st working day of every month. XIRR helps in calculating return on investments given an initial and final value and a series of cash inflows and outflows and taking the time of investment into consideration. Since inception returns are assumed to be starting from the beginning of the subsequent month from the date of inception. # Benchmark;
^ Additional Benchmark
TRI-Total Return Index, In terms of SEBI circular dated January 4, 2018, the performance of the scheme is benchmarked to the Total Return Variant of the Benchmark Index instead of Price Return Variant(PRI).

Kotak Tax Saver NAV as on April 30, 2018: 19.353 (Dividend Option), 22.625 (Direct Dividend Option), 41.703 (Growth Option), 44.668 (Direct Growth Option)

Kotak Tax Saver* performance (%) as on 30th April , 2018
  Kotak Tax Saver Scheme-Growth Nifty 500 TRI# Nifty 50 TRI## Kotak Tax Saver Scheme-Growth Nifty 500 TRI# Nifty 50 TRI##
Since Inception 12.16 13.61 13.41 41,703 48,913 47,863
Last 1 Year 6.82 16.91 19.91 10,682 11,691 11,691
Last 3 Years 11.33 13.40 10.89 13,803 14,586 13,640
Last 5 Years 17.26 16.74 14.03 22,182 21,693 19,286

Since Inception date is 23/11/2005. Mr. Harsha Upadhyaya has been managing the fund since 25/08/2015.
Different plans have different expense structure. The performance details provided herein are of regular plan.
^ Past performance may or may not be sustained in the future. * All payouts during the period have been reinvested in the units of the scheme at the then prevailing NAV. Returns>= 1year: CAGR (Compounded Annualised Growth Rate).
N.A. stands for data not available. Note: Point to Point (PTP) Returns in INR shows the value of 10,000/- investment made at inception.
Source: ICRA MFI Explorer. # Name of Scheme Benchmark. # # Name of Additional Benchmark.
TRI-Total Return Index, In terms of SEBI circular dated January 4, 2018, the performance of the scheme is benchmarked to the Total Return Variant of the Benchmark Index instead of Price Return Variant(PRI).

Other schemes managed by Mr. harsha upadhyaya

  1 Year 3 Year 5 Year Since Inception
Scheme Names Scheme Returns (%)^ Benchmark Returns (%)^* Scheme Returns (%)^ Benchmark Returns (%)^* Scheme Returns (%)^ Benchmark Returns (%)^* Scheme Returns (%)^ Benchmark Returns (%)^*
Kotak Opportunities - Growth 9.29 16.91 13.28 13.40 19.12 16.74 19.70 16.53
Kotak Select Focus Fund - Growth 10.75 16.93 14.56 12.69 21.13 15.96 14.94 11.78

Data as on April 30th, 2018.

Mr. Harsha Upadhyaya manages 3 funds of Kotak Mutual fund.
Kotak Opportunities - Growth, *Name of Benchmark - Nifty 500, Scheme Inception date is 09/09/2004, Mr. Harsha Upadhyaya has been managing the fund since 04/08/2012.
Kotak Select Focus Fund - Growth, *Name of the Benchmark - Nifty 200, Scheme Inception date is 11/09/2009. Mr. Harsha Upadhyaya has been managing the fund since 04/08/2012.
TRI-Total Return Index, In terms of SEBI circular dated January 4, 2018, the performance of the scheme is benchmarked to the Total Return Variant of the Benchmark Index instead of Price Return Variant(PRI).

Risk-o-Meter

Riskometer

Investors Understands that their principal will
be at moderately high risk

This product is suitable for investors who are asking*:

  • long term capital growth with a 3 year lock in
  • Investment in portfolio of perdominantly equity & equity related securities.

* Investors should consult their financial advisors if in doubt about whether the product is suitable for them.