Kotak Tax Saver
th
30 April, 2017
Scheme Facts
About Kotak Tax Saver
Structure
An Open -Ended Equity Linked Saving
Scheme
Ÿ
The investment objective of Kotak Tax Saver is to generate long term capital appreciation from a diversified
portfolio of equity and equity related securities and enable investors to avail the income tax rebate, as
Month end AUM* (as on 28th Apr 2017)
permitted from time to time.
`641.35 crs
Ÿ
The scheme thus offers a dual benefit of growth and tax savings.
Ÿ
The scheme although open ended, has a three year lock-in.
Ÿ
The portfolio is generally diversified across sectors and market capitalization segments.
Monthly Average AUM*
`625.41 crs
NAV (as on 28th Apr 2017)
Dividend
`19.6470
Dividend Direct
`22.4310
Growth
`39.0270
Growth Direct
`41.2720
Launch Date
Equity Market Brief
•
With impact of demonetisation fading, focus to return back on fundamentals of corporate earnings. Earnings
of the domestic focused companies are on the improving trend.
•
Post demonetisation and then GST, unorganised to organised shift can become a big theme with all the listed
players who compete with unorganised manufacturers benefitting.
•
India to benefit from demonetisation in the medium-to-long-term, significant flow from physical to financial
savings to further provide stability to markets.
•
Volatility across global equities is on lower side. Global events – Fed hiking, Chinese currency depreciation to
add to near-term volatility.
•
Time in the market more important than timing the market – after a long period of lower volatility, markets
volatility may move up.
rd
23 November 2005
Benchmark
Nifty 500
Min. Initial Inv.
`500
Additional Inv.
Portfolio Action
`500 & in multiples of `500
•
The key overweight sectors in the portfolio are – Cement, Oil&Gas and Capital Goods.
•
Government’s continued focus on affordable housing and infrastructure creation should aid demand in
Cement and Capital Goods.
Beta^
•
Within Oil & Gas sector, we are particularly bullish on gas utilities and downstream oil companies.
1.07
•
The underweight sectors are – IT and Pharma. Apart from already weak fundamentals, these sectors are prone
to possible adverse change in US policies..
•
Telecom sector continues to see headwinds, wherein the portfolio has no exposure.
•
Large cap allocation in the portfolio is about 66%.
Standard Deviation^
16.17%
Sharpe^
1.08
Portfolio Turnover
59.37%
*Source: MFI Explorer.
^ as on 28th Apr, 2017. Source: Value
Research.
Top 10 Sectors as on 30th April, 2017
Sector
Market Cap.
% Weight
%
Large Cap
66.38
Midcap
29.28
Smallcap
3.28
Cash
1.07
As on 28th Apr, 2017. Source: KPAX (internal
system). Market definition used is market
capitalisation of the 100th largest scrip (on the bases
of market capitalisation) is the cutoff to determine
the large cap and midcap segment.
Load Structure
Entry Load: Nil
Exit Load: Exit Load is not applicable for Kotak Tax
Saver Scheme. (applicable for all plans)
Units issued on reinvestment of dividends shall not
be subject to exit load (applicable for all plans)
Portfolio
Banking & Finance
Oil & Gas
Auto & Auto Ancillary
Cement & Cement Products
Capital Goods & Engineering
FMCG
Pharmaceutical
Information technology
Chemicals
Durables
27.79
15.39
10.28
10.05
9.15
6.13
4.68
3.88
2.75
1.98
Benchmark
(Nifty 500)
29.66
8.91
10.03
3.16
5.59
9.68
5.95
8.82
1.31
0.67
Underweight /
overweight
against
benchmark
-1.87
6.48
0.25
6.89
3.56
-3.55
-1.27
-4.94
1.44
1.31
Previous
Change
Month
in portfolio
(Portfolio % from previous
Weight)
month
26.07
1.72
14.97
0.42
10.44
-0.16
9.75
0.30
9.28
-0.13
6.30
-0.17
4.14
0.54
4.51
-0.63
2.64
0.11
2.11
-0.13
1
Kotak Tax Saver
th
30 April, 2017
About Kotak Mutual Fund
Top 10 Companies as on 30th April, 2017
Kotak Mahindra Asset Management
Company Limited (KMAMC) is a wholly
owned subsidiary of Kotak Mahindra Bank
Limited (KMBL). KMBL has over two decades
of experience in financial services. KMBL has a
market capitalization of `1659.2bn (as on
30th April, 2017). KMAMC is the Asset
Manager for Kotak Mahindra Mutual Fund
(KMMF). It started operations in December
1998. KMMF offers schemes catering to
investors with varying risk - return profiles and
was the first fund house in the country to
launch a dedicated gilt scheme. KMAMC
manages assets worth `99,169.14 cr as on
30th April, 2017.
HDFC Bank Ltd.
Banks
5.79%
Reliance Industries Ltd.
Petroleum Products
4.50%
Shree Cement Ltd.
Cement
3.59%
ITC Ltd.
Consumer Non Durables
3.48%
IndusInd Bank Ltd.
Banks
3.15%
Hero MotoCorp Ltd.
Auto
3.10%
Hindustan Petroleum Corporation Ltd
Petroleum Products
2.93%
Infosys Ltd.
Software
2.87%
Mahanagar Gas Ltd
Gas
2.79%
Bharat Petroleum Corporation Ltd.
Petroleum Products
2.69%
* The numbers are converted using the RupeeUSD reference rate published by the Reserve
Bank of India as on the respective dates.
Kotak Tax Saver* Performance (%) as on 28th April, 2017
Date
Scheme
Returns
(%) ^
Nifty 500
# (%)
Since Inception
12.65
11.97
11.76
Last 1 Year
33.14
24.68
18.53
Last 3 Years
24.79
16.07
11.60
Last 5 Years
17.85
14.48
12.14
To know more
Email - [email protected]
Disclaimer
36,419
35,667
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. Please refer page no. 3 for other schemes managed by
Mr. Harsha Upadhyay.
Riskometer
Moderate
This product is suitable for investors who are seeking*:
Mo
d
Higerat
h e
High
LOW
t el y
era
odLow
ly
Kotak Tax Saver is an open-ended equity
linked savings scheme. Investment
Objective: To generate long-term capital
appreciation from a diversified portfolio of
equity and equity related securities and enable
investors to avail the income tax rebate, as
permitted from time to time. The amount
invested in the scheme shall be subject to a
lock-in of 3 years irrespective of whether the
investments would be eligible for tax benefit
or not. The above does not constitute and
advice or a representation. Investors are
requested to seek professional advice in this
regard. Kotak Mahindra Bank Limited is not
liable or responsible for any loss or short fall
resulting from the operations of the scheme.
39,027
Scheme Inception date is 23/11/2005. Mr. Harsha Upadhyaya has been managing the fund since 25/08/2015.
M
Visit - assetmanagement.kotak.com
Current Value of Standard Investment
of ` 10000 in the
Scheme (`) Benchmark
Additional
# (` )
Benchmark ## (`)
Kotak Tax Saver - Growth
Low
Call : 1800-222-626 (Toll Free), Mumbai
61152100, Delhi 66306900 / 02, Chennai
28221333 / 45038171, Kolkata 64509802 /
03, Pune 64013395 / 96, Ahmedabad
26779888, Bangalore 66128050 / 51,
Hyderabad 66178140 / 41.
Nifty 50
## (%)
•
long term capital growth with a 3 year lock in
•
Investment in portfolio of predominantly equity &
equity related securities.
* Investors should consult their financial advisors if in doubt
about whether the product is suitable for them.
HIGH
Investors understand that their principal will
be at moderately high risk
Mutual Fund investments are subject to
market risks, read all scheme related
documents carefully. Scheme Information
Document (SID) and Statement of
Additional Information (SAI) available on
mutualfund.kotak.com
Dividend History
Date
Mar-29-17
Jan-27-17
Mar-22-16
Jan-21-16
Dec-30-14
Nov-28-14
Feb-08-08
Feb-20-07
CUM Dividend
NAV
19.432
18.889
16.266
16.113
17.542
18.180
15.189
11.640
Dividend
(` per unit)
0.75
0.72
0.65
0.70
0.10
0.50
3.50
3.00
2
Kotak Tax Saver
th
30 April, 2017
Other Funds Managed by Mr. Harsha Upadhyaya
1 year
Period
3 years
5 years
Since Inception
Scheme
Benchmark
Scheme
Benchmark
Scheme
Benchmark
Scheme
Benchmark
Returns (%)^ Returns (%)^* Returns (%)^ Returns (%)^* Returns (%)^ Returns (%)^* Returns (%)^ Returns (%)^*
Kotak Opportunities - Growth
33.45
24.68
24.29
16.07
19.79
14.48
20.57
15.03
Kotak Select Focus Fund - Growth
33.25
22.92
25.68
14.71
21.89
13.80
15.51
9.71
Mr. Harsha Upadhyaya manages 3 funds of Kotak Mutual fund.
Kotak Opportunities - Growth, *Name of the 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.
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. Source: ICRA MFI Explorer.
3