Kotak Tax Saver Equity Linked Saving Scheme | kotak tax saving funds | Best tax saving mutual funds

Kotak Tax-Saver
(Open-Ended Equity Linked Savings Scheme)

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 architecture, the investor has to compulsorily lock in ones fund for 3 years.

Nov 23, 2005

Mr. Pankaj Tibrewal &
Mr. Krishna Sanghvi

Scheme Details as on 31/12/2011

Portfolio as on 31/12/2011

Allocation Pattern

Dividends in the scheme

AAUM as on 31/12/2011

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Corpus - Rs. 427.41 Crores

Scheme Information Document

Application Form

The long term outlook continues to remain positive for Indian equities as the economic growth momentum remains healthy with real GDP growth remaining at around 8%. We expect this growth to result in healthy corporate earnings and the earnings growth to translate on growth in equity markets. While the long term positive outlook remaining intact, the near term challenges can influence markets as it gets impacted by events / newsflows that can have a near term negative implications. Currently, the economy & markets across the globe (including India) are facing headwinds arisen from the rising crude oil prices post the politically relevant events playing out in Middle East & European region. In the Indian context, an additional factor to monitor is the tightening interest rate cycle and the inflationary pressures being generated as a corollary to growth. However, in the overall context of positive demography, economic growth & earnings momentum, we continue to remain positive with a medium term outlook.

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• 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

• Benchmark Index

Investments	Indicative Allocation	Risk Profile
Equity and equity related securities	80% to 100%	Medium to High
*Debt and Money Market Instruments	0% to 20%	Low

* Debt securities shall be deemed to include securitised debts (excluding foreign securitised debt) and investment in securitised debts shall not exceed 50% of the debt component of the Scheme. Investments may be made in foreign debt securities not exceeding 20% of the debt component of the Scheme. However, investments made in foreign debt securities would not include investment in foreign securitised debt.
Investments may be made in GDRs/ADRs not exceeding 20% of the net assets scheme. The Scheme may engage in stock lending not exceeding 20% of the net assets of the Scheme.
The above percentages will be reckoned at the time of investment and the above allocation is based on a steady state situation.
Note :The asset allocation shown above is indicative and may vary according to circumstances at the sole discretion of the Fund Manager, on defensive consideration. Review and rebalancing will be conducted when the asset allocation falls outside the range indicated above. If the exposure falls outside the above range, it will be restored within Seven Working Days.

S & P CNX 500

• Investment Horizon

• Estimated Recurring Expenses

• Actual Expense Ratio

3 yrs & above

2.50%.

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• Investment Options

• Dividend Frenquency

Growth, Dividend Payout, Dividend Re-Investment.

At the Discretion of Trustees

• Minimum Investment

• Cheques / DD to be drawn in favour of

Initial : Rs 500 and in mulitiples of 500..
Additional: Rs 500 and in mulitiples of 500.
Systematic: Rs 500 and in mulitiples of 500.

Kotak Tax-Saver

• Minimum Redemption Size

• Payout Schedule

Rs. 1000/- or 100 units
Note : If the holding is less than Rs. 1000 or 100 units, the entire balance will be redeemed as and when redemption request is received from the investor.

Transaction day + 3 working days

• Cut off for Transactions

3 PM

• Entry Load

• Exit Load

Nil

Exit Load is not applicable for Kotak Tax Saver Scheme.

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