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Kotak Mutual Fund

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)
5 Year Returns 14.49% 6.25% 8.13% 8.07%
LOCK-IN PERIOD 3 YEARS 5 YEARS 15 YEARS 15 YEARS
TYPE OF RETURNS MARKET LINKED FIXED FIXED FIXED
TAXATION #LTCG: 10% without indexation + Applicable Cess & Surcharge 30%* + Applicable Cess & Surcharge TAX FREE 30%* + Applicable Cess & Surcharge

Disclaimer: #Long term capital gains in excess of Rs. 1 lakh shall be taxable @ 10% plus surcharge (if any, as applicable) plus health & education cess @ 4%. 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. | ^^SBI Domestic Term Deposit Rate for category "5 years to 10 years" is taken as reference for Bank FD Rates. As on 30th October 2019. Source: SBI | **PPF Average Return for 5 years as on 30th October 2019. Source: National Savings Institute | ^NSC Average Return for 5 years as on 30th October 2019. Source: National Savings Institute. *Assuming the individual falls in the highest tax bracket. The information set out is neither a complete disclosure of every material fact of the Income-tax Act, 1961 nor does constitute tax or legal advice. Investors should be aware that the fiscal rules/tax laws may change and there can be no guarantee that the current tax position may continue indefinitely. In view of the individual nature of the tax consequences, each investor is advised to consult his/her own professional tax advisor. Investors alone shall be fully responsible/liable for any decision taken on the basis of this document. Source: Income Tax Department, Government of India.

^The individual is assumed to earn a taxable income of more than ?5 Crore. The effective tax rate is 30% marginal tax + 37% surcharge on the tax rate + 4% Health and Education cess = 42.74% i.e. highest marginal tax bracket. The individual is assumed to utilise the complete tax deduction limit of ?150,000 per financial year under Section 80C. This deduction is allowed to an Individual or an HUF. This is only to illustrate the tax saving potential of ELSS and is not a tax advice. Please consult your tax consultant for tax purpose.

ELSS CALCULATOR

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Benefit of Investing in ELSS

  • Reduce Tax
    Liability

  • Growth
    Potential

  • Lowest Lock-In
    Period

Why Kotak Tax Saver Fund?

  • A Diversified
    Equity FundIt invests into a portfolio of multicap stocks

  • Offers Tax
    BenefitsAvail tax benefit of up to Rs.1.5 lakh under Section 80C of Income Tax Act

  • Lowest
    Lock-InOffers a lock-in of 3 years and also gives flexibility to take long term bets

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

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 Fund - Regular & Kotak Tax Saver Fund - Direct; Options: Growth & Dividend
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 Fund
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 18,40,000
Total Value as on February 26, 2021 ( ) 1,58,907 4,83,657 8,74,589 13,84,584 25,57,585 52,08,479
Scheme Returns (%) 66.60 20.27 15.11 14.06 14.50 12.51
Nifty 500 (TRI) ( )# 1,61,867 4,81,312 8,77,640 13,65,740 24,72,906 51,77,617
Nifty 500 (TRI) Returns (%) 72.06 19.92 15.25 13.67 13.87 12.44
Nifty 50 (TRI) ( )^ 1,58,761 4,78,297 8,87,303 13,63,994 24,12,890 50,74,950
Nifty 50 (TRI) Returns (%) 66.33 19.47 15.70 13.64 13.41 12.21

Data as on February 26th, 2021.

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 Fund* performance (%) as on February 26, 2021
  Kotak Tax Saver Fund-Growth Nifty 500 TRI# Nifty 50 TRI## Kotak Tax Saver Fund-Growth Nifty 500 TRI# Nifty 50 TRI##
Since Inception 12.17 13.03 13.28 57,797 64,882 67,113
Last 1 Year 27.71 32.24 31.37 12,762 13,214 13,127
Last 3 Years 11.58 11.35 12.88 13,887 13,803 14,378
Last 5 Years 17.91 17.19 17.29 22,776 22,089 22,189

Scheme 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 future.*All payouts during the period have been reinvested in the units of the scheme at the then prevailing NAV. Returns >= 1 year: 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 (TRI) 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 Equity Opportunities - Growth 27.71 32.24 11.58 11.35 17.91 17.19 18.31 15.37
Kotak Flexicap Fund - Growth (Erst. Kotak Standard Multicap Fund) 24.97 32.24 10.82 11.35 17.38 17.19 13.91 11.56
Kotak ESG Opportunities Fund - Growth Kotak ESG Opportunities Fund has not yet completed 1 year from Inception, the performance of the scheme is not disclosed.

Data as on February 26th, 2021.

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 Flexicap 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.