Kotak Equity Savings Fund Direct Growth
Hybrid
Direct
Equity Savings
NAV as on 20-12-2024
₹ 27.62
1D
Inception Returns
10.6%
/yr
About Kotak Equity Savings Fund Direct Growth
Kotak Equity Savings Fund Direct Growth is a hybrid fund. This fund was started on 13 October, 2014. The fund is managed by Devender Singhal, Hiten Shah, Abhishek Bisen. This fund gives you the benefit of diversification.
Key Parameters
- Kotak Equity Savings Fund Direct Growth has ₹7804 Cr worth of assets under management (AUM) as on Nov 2024 and is more than category average.
- The fund has an expense ratio 0.6.
Returns
Kotak Equity Savings Fund Direct Growth has given a CAGR return of 10.55% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 14.61%, 12.98% and 12.36% respectively.
Holdings
Kotak Equity Savings Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Corporate, Basic Materials, Communication, Industrial, Consumer Defensive, Utilities, Energy, Government, Tech, Health, Real Estate, Securitize.
Taxation
As it is a equity savings mutual fund the taxation is as follows:If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitGains up to Rs 1 lakh are exempt from taxation (more than 12 months).
Investment objective of Kotak Equity Savings Fund Direct Growth
The investment objective of the scheme is to generate capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and derivatives segment of the equity market, and enhance returns with a moderate exposure in equity & equity related instruments.There is no assurance or guarantee that the investment objective of the scheme will be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Kotak Equity Savings Fund Direct Growth has no lock in period.
Historical NAV & Returns
INDmoney Rank for Kotak Equity Savings Fund Direct Growth
Kotak Equity Savings Fund Direct Growth Overview
| Expense ratio | 0.63% |
Benchmark | NIFTY Equity Savings TR INR |
| AUM | ₹7804 Cr |
| Inception Date | 13 October, 2014 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 493.46% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Moderate Risk |
Trailing Returns
as on (20-Dec-24)
Fund Distribution
as on (30-Nov-24)
- AUM of the fund stands at 7.8K Cr as of Nov'24
- AUM has remained same between Nov'24 and Oct'24
Top 3 Sectors in November were Financial Services, Consumer Cyclical & Corporate
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Bharti Airtel Ltd | 3.88% | 0% | |
 State Bank of India | 3.36% | 3% | |
 HDFC Bank Ltd | 3.26% | -3.8% | |
 Maruti Suzuki India Ltd | 2.88% | 3.8% | |
 Vedanta Ltd | 2.62% | 0% |
Mutual Fund Insights
Kotak Equity Savings Fund Direct Growth Highlights
Moderate Risk
About the fund
Fund Allocations
AUM size ₹7804 Cr
Expense Ratio 0.63%
Frequently Asked Questions for Kotak Equity Savings Fund Direct Growth
Kotak Equity Savings Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.58% | 2.58% |
6 Month Returns | 4.39% | 4.39% |
1 Year Returns | 14.61% | 14.61% |
3 Years Returns | 44.21% | 12.98% |
5 Years Returns | 79.11% | 12.36% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
AAA | 88 |
AA | 12 |