8/7/2019 mutual fund tax saver

1/12

8/7/2019 mutual fund tax saver

2/12

What

An ELSS (Equity Linked Savings Schem

in equity and equity-related securities.

ELSS is just like a diversified equity fun

ubject to change in income tax regulations.

They have a 3- Year lock-in- period.

ELSS offer a tax deduction under secti

1,00,000*.

i

s ELSS?

) is a mutual fund scheme that invests

d in terms of their portfolio.

n 80C up to investments of Rs

8/7/2019 mutual fund tax saver

3/12

Why

Lock-in Peri

Prevents withdrawals, ensu

Capital Gains tax fr

Dual Adv

Capital App

Tax Savi

LSS?

d of 3 yrs

res long term investment

e at redemption

ntage

eciation

gs

8/7/2019 mutual fund tax saver

4/12

ELSS vs. Other SParticulars PPF ELSS

Tenure 15 Years 3 Years

Min. investment (Rs) 500 500

Max investment for

80 C Benefit (Rs) 70,000 1,00,000

Returns (%) 8 18.75#

# Category return as on 28th February 2011Performance may or may not be sustained in futreturn shares a direct relationship.

Interest Frequency

Compoun e

Annually Not Assure

Taxation of Income Tax Free

Dividend &

Long Term

Capital gain

Tax Free

ction 80C AvenuesNSC Bank Deposits ULIP

6 Years 5 Years 5 Years

100 10,000

Depends on

Premium

1,00,000 1,00,000 1,00,000

8 7.25* NA

ver a period of 5 years, Source : MFI ICRA. Pastre. * State Bank of India FD rate for 5 Years. Risk &

Compoun e

Half Yearly

Var ous Opt ons

avilable Not Assured

s

Taxable Taxable

Variable as

per IT Laws

8/7/2019 mutual fund tax saver

5/12

BOUT THE SCHEMEN OPEN ENDED EQUITY LINKED SAVINGS SCHEME

FFERS BENEFIT OF LONG TERM CAPITAL APPRECIATION WITH TA

OCK-IN PERIOD OF 3 YEARS

U CAN CLAIM DEDUCTION UNDER SEC 80 C OF INCOME TAX A

Kotak Tax

ITABLE FOR INVESTORS

HO SEEK CAPITAL APPRECIATION THROUGH EQUITIES, WANT TND MORE

Company

Infosys Technologies Lt

Reliance Industries Ltd.ICICI Bank Ltd.

Tata Consultancy Servic

HDFC Bank Ltd.

State Bank Of India

Oil & Natural Gas Corpo

Larsen And Toubro Ltd.

ITC Ltd.

Axis Bank Ltd

As on 28th February 20

# 31st October2009 being a non-working day.

SAVINGS

CT ON INVESTMENTS UP TO RS 1,00,000 #

Saver

SAVE TAXES AND HAVE A TIME HORIZON OF 3 YEARS

% To NAV

. 5.23%

4.94%4.82%

es Ltd. 3.94%

3.28%

3.24%

ration Ltd. 3.11%

2.79%

2.61%

2.51%

1

8/7/2019 mutual fund tax saver

6/12

Business

Size of business

Competition

Managem

Vision

Execution E

We use Bottom Up stock picking approach byValuation (BMV) Model

Investment P

Scalability of business

Sustainability of business

Corporate

We back our best ideas

We believe its companies and not stock mark

Sustainable ideas: Invest with a medium to l

nt

gine

Valuation

Price relative to valueShould be reasonable

applying the Business, Management and

ilosophy

overnance

ts that create wealth

ng term view

8/7/2019 mutual fund tax saver

7/12

IP Returns

tak Tax Saver

SIP Returns 1yr 3 yr 5 yr

Investment Amt (`) 60000 180000 300000

Investment Value (`) 55909 216282 358700

XIRR (%) -12.49 12.34 7.10

Sector Breakup

As on 28th Febr

Banks19.4%

Software11.8%

Pharma9.3%

Consumer NonDurables

9.1%Capital Goods

6.5%Petroleum

6.4%

Auto3.8%

ConstructionProject3.1%

Oil3.1%

CBLO & TD &Rev.Repo

2.9%

Others24.5%

The data does not consider the loads. The dataassumes the investment on 1st day of every month

or the subsequent business day.XIRR is theinternal rate of return of the cash flows. SIP returnscalculated on 28th February 2011. Past

performance may or may not be sustained infuture.

Allotment Date 29th Dec 1998

Benchmark S&P CNX Nifty

AUM Rs. 504.16 Cr

Portfolio Beta 1.04

FACT FILE

uary 2011

*Source: Value Research

On the Face value of Rs 10 each. Past performance

may or may not be sustained in future.

Dividend Per Unit

Record Date (Rs)

08-Feb-08 3.50

20-Feb-07 3.00

Dividend Declared

. ,

8/7/2019 mutual fund tax saver

8/12

Income- wi

Tax Savers

Taxable

Income Tax payable

Optimal amou

be invested in

Saving Sche160000 0 0

175000 1545 15000

200000 4120 40000

250000 9270 90000

*The above example is hypothetical and may not be construed as a tax advise,tax benefit. The total tax payable assumes all deductions except deductions uFinance Act 2010-2011. **The optimal amount mentioned above is from the viwhich accrue at the beginning of the financial year. Past performance may or m

400000 24720 100000500000 35020 100000

600000 55620 100000

700000 76220 100000

800000 96820 100000

900000 127720 100000

1000000 158620 100000

e tax savings

Reckoner *

nt to

Tax-

es **

Tax payable

after

savings

% Tax Saving on

investment0

0 10.3%

0 10.3%

0 10.3%

It is recommended that the investor consult the tax advisor to ascertain their/s 80C of the Income Tax Act, 1961. The tax calculations are based on the

wpoint of utilising the full tax saving potential of the scheme, the benefits ofay not sustain in future.

.

14420 10.3%24720 10.3%

35020 20.6%

55620 20.6%

76220 20.6%

96820 30.9%

127720 30.9%

8/7/2019 mutual fund tax saver

9/12

Kotak Tax Sav

Performance as

15.5

22.1

13.1

15.3

Kotak Tax Saver Growth Option NAV as on 28th February 2011 is Rs. 17.063.* RetuGrowth Rate). Past Performance may or may not be sustained in future.

6 Months 1 YearKotak Tax Saver

r- Performance

on 28th February 2011

14.2

15.7

rns< = 1 year: Absolute. Returns> 1 year: CAGR (Compounded Annualized

3 Years 5 Years

-1.7 -0.6

S&P CNX 500

8/7/2019 mutual fund tax saver

10/12

Scheme

Scheme Type:

Open Ended Equity Linked Saving Scheme.

Taxation:

Long Term capital gains Nil

v en s are ax ree

Estimated Recurring Expenses:

Maximum of 2.50 %

Entry/Exit Load:

Nil

Details

Investment Pattern:

Equity & related securities: 80-100 %

Debt and Money market: 0-20 %

Minimum Investments:

Initial: Rs 500

Investment options:

Growth, Dividend payout,

Dividend reinvestment.

SIP: Min Rs 500 per installment

8/7/2019 mutual fund tax saver

11/12

Mutual Funds and securities investments are sguarantee that the objectives of the Scheme wthe NAV of the Units issued under the Schemeforces affecting the capital markets. * Past perexisting Schemes of the Fund does not indicatTax Saver is only the name of the Scheme andof the Scheme, future prospects or returns. * Tby changes in the market, performance of indiand transfer rocedures. * A reciation of the

Risk F

restricted in the event of a high asset allocatiochange, affecting the return on investment inumber of redemption requests or very largethe Schemes portfolio, there may be delaysparagraph on "Right to limit Redemption" inMahindra Bank Limited is not liable or respo

operations of the Scheme Statutory: Kotak1882). Investment Manager: Kotak MahinKotak Mahindra Bank Ltd. (liability Rs. NIL).Before investing, please read the StateInformation Documents.

bject to market risks and there is no assurance orill be achieved. *As with any securities investment,can go up or down depending on the factors andformance of the Sponsor / Fund / AMC or that ofe the future performance of the Scheme. * Kotakdoes not in any manner indicate either the qualityhe NAV of the Scheme may be affected, inter alia,vidual stocks, trading volumes, settlement periodsvalue of the Units issued under the Scheme can be

ctors

to cash, when stock appreciates. * Tax laws mayUnits. *In the event of receipt of a very large

alue redemption requests or of a restructuring ofin the redemption of Units. Please refer to thethe Statement of Additional Information. *Kotaksible for any loss or shortfall resulting from the

ahindra Mutual Fund is a Trust (Indian Trusts Act,ra Asset Management Company Ltd. Sponsor:Trustee: Kotak Mahindra Trustee Company Ltd.ent of Additional Information and Scheme

8/7/2019 mutual fund tax saver

12/12

. .