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 Hiten Shah, Devender Singhal, Abhishek Bisen. This fund gives you the benefit of diversification.

1. Kotak Equity Savings Fund Direct Growth has ₹8177 Cr worth of assets under management (AUM) as on Jan 2025 and is more than category average.
2. The fund has an expense ratio 0.7.
   

Kotak Equity Savings Fund Direct Growth has given a CAGR return of 10.06% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.07%, 11.45% and 11.41% respectively.

Kotak Equity Savings Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Corporate, Government, Communication, Utilities, Basic Materials, Industrial, Consumer Defensive, Energy, Tech, Health, Real Estate, Securitize.

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 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

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 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.