Kotak Tax Saver Scheme – Save TAX with Investing
Kotak Tax Saver is a diversified equity scheme that invests in equity and equity related securities and enables the investors to avail the income tax rebate, as permitted from time to time. The investment strategy is to have 80-100% in equity and 0-20% in debt and money market securities. This way the investor derives the dual benefit of gaining returns from investment in equities while also availing the tax benefit. Kotak Tax Saver scheme uses bottom-up stock selection to build its portfolio. Risk is being managed by adequate diversification and by spreading investments over a range of industries and companies. The portfolio offers a diversified mix across various sectors. As it is a close ended scheme, the investor has to compulsorily lock in ones fund for 3 years.
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Allotment Date: 23rd November, 2005 |
6 Features of MF Kotak Tax saver
- Open-Ended Equity Linked Savings Scheme (ELSS)
- Save TAX u/s 80 C of the Income Tax Act
- Diversified investment strategy across sectors
- Bottom-up stock selection method
- Lock in period of 3 years
- Option to avail of Free Insurance facility on Systematic Investment Plans (SIP’s)
Fund Managers
Krishna Sanghvi
Anurag Jain
See Kotak Tax Saver Features
( + )( - )| Investment Objective |
|---|
| To generate capital appreciation from a diversified portfolio of equity & equity related securities and enable investors to avail the income tax rebate, as permitted from time to time. |
| Investment Pattern |
| Equity & Equity related securities : 80% - 100% Debt & Money Market instruments : 0% - 20% |
| Benchmark Index |
| S & P CNX 500 |
| Investment Horizon |
| 3 yrs & above |
| Estimated Recurring Expenses |
| 2.50% |
| Investment Options |
| Growth, Dividend Payout, Dividend Re-Investment. |
| Dividend Frenquency |
| At the Discretion of Trustees |
| Minimum Investment |
| Initial : Rs 500 and in multiples of 500. Additional : Rs 500 and in multiples of 500. Systematic : Rs 500 and in multiples of 500. |
| Cheques / DD to be drawn in favour of |
| Kotak Tax-Saver |
| Minimum Redemption Size |
| Rs. 1000 or all units if the amount is less than Rs. 1000/- |
| Payout Schedule |
| Transaction day + 3 working days |
| Cut off for Transactions |
| 3 PM |
| Entry Load |
| NIL |
| Exit Load |
| Exit Load is not applicable for Kotak Tax Saver Scheme. |
Want to buy Kotak MF schemes online?
If you are an existing Kotak Mutual Fund investor, click here to invest online
If you are a new investor, make your first transaction through a Mutual Fund distributor first. Then, follow these steps to generate your PIN:
| 1. Apply for PIN to start your online transaction. Click here for the Pin Request Form. | |
| 2. Submit the Pin Request form at: | |
| a. any of the Kotak Mutual Fund branches (click here to view list of branches) OR | |
| b. any of the CAMS Investor Service Centers. | |
| 3. Now transact online with your folio number and your newly generated Pin number |