NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹112.70
0.22%
NAV as on 17 Nov 24, 12:00 AM
very high risk
elss (tax savings)
elss
NAV as on 17 Nov 24, 12:00 AM
very high risk
elss (tax savings)
elss
29.98%p.a.
Last 1Y
14.89%p.a.
Last 3Y
19.83%p.a.
Last 5Y
13.78%p.a.
Since Inception
About Kotak ELSS Tax Saver-Scheme- Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Kotak ELSS Tax Saver-Scheme- Growth scheme from Kotak Mahindra Asset Management Co Ltd. It is a ELSS (Tax Savings) mutual fund scheme that predominantly invests in ELSS (Tax Savings) stocks of companies. Launched on Nov 2005, Kotak ELSS Tax Saver-Scheme- Growth is ELSS (Tax Savings) fund of its category with 6,148.14 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category ELSS (Tax Savings) funds.
- Kotak ELSS Tax Saver-Scheme- Growth delivered 30.0% annual returns during the last year. It has delivered 13.8% average annual returns since the fund was launched.
- Kotak ELSS Tax Saver-Scheme- Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in elss
Fund Objective
The investment objective of the scheme is to generate longterm 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.
Top 10 Holdings
HDFC Bank Ltd
8.47%
Infosys Ltd
5.14%
ICICI Securities Ltd
4.01%
State Bank of India
3.60%
Tech Mahindra Ltd
3.53%
Axis Bank Ltd
3.39%
NTPC Ltd
3.32%
Larsen & Toubro Ltd
3.24%
Bosch Ltd
2.97%
Linde India Ltd
2.49%
Fund Managers
- Harsha Upadhyaya (Aug 2015 - Present)
Key Information
View Scheme Document
Kotak ELSS Tax Saver-Scheme- Growth SIP Calculator
If invested
per month
For a period of
Investment of ₹0 could have been
₹0(+0.0%)
₹0 (+0.0%)
This Fund
₹0 (+0.0%)
Fixed Deposit
NRI Mutual Fund Tax on Kotak ELSS Tax Saver-Scheme- Growth
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in Kotak ELSS Tax Saver-Scheme- Growth?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Kotak ELSS Tax Saver-Scheme- Growth
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
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5.4%
SBI Long Term Equity Fund Growth
very high risk | elss
21.1%
Mirae Asset ELSS Tax Saver Fund - Plan-Growth
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11.8%
Frequently Asked Questions
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