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TAX SAVINGS AND WEALTH CREATION

One sure shot benefit of investing in an ELSS fund is tax saving, however, we tend to overlook a bigger opportunity i.e. Wealth Creation. Invest in ELSS today and enjoy the dual benefits of tax saving and wealth creation.

HOW ELSS IS BETTER?

enjoy_dual_benefit

Enjoy dual benefit of tax saving and capital appreciation

short_lock

Short lock-in period of 3 years

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Professional fund managers who help in earning potential returns

invest_in_elss

Invest in ELSS through SIP or Lumpsum based on your flexibility and convenience

WHY EQUITY LINKED SAVING SCHEME (ELSS)?

An Equity Linked Savings theme (ELSS) is a Mutual Fund scheme that doesn't just save tax under section (u/s) 80C of the Income Tax Act, 1961, but also gives you an opportunity for wealth creation.

Investment type

Returns

Lock-In-period

Type Of return

ELSS

12.59%

3 YEARS

MARKET LINKED

Fixed Deposit

5.30%

5 YEARS

FIXED

Disclaimer: The above comparison has been given for the purpose of the general information only. Investments in mutual funds should not be construed as a guarantee of any minimum returns. ELSS invests in equity and there is no capital protection guarantee or assurance of any return in mutual fund investment.Read More

CREATE WEALTH WHILE SAVING TAX

Your current annual salary

CREATE WEALTH WHILE SAVING TAX
₹
LET'S CALCULATE YOUR GAIN

If you would have invested

₹ in Kotak ELSS Tax Saver fund

Since inception, it would have become

₹ 11,76,610
ie 12.59% CAGR

If you would have invested

₹ in Kotak ELSS Tax Saver fund

Since inception, it would have become

₹ 11,76,610 ie 12.59% CAGR
Know more
Save Tax Today
Know more
Save Tax Today

Disclaimer: * The individual is assumed to earn a taxable income of more than ₹5 Crore. The effective tax rate is 30% marginal tax + 37% surcharge on the tax rate + 4% Health and Education cess = 42.74% i.e. highest marginal tax bracket. Read More

Frequently Asked Questions

What Is An Equity Linked Saving Scheme (ELSS)?

Equity Linked Saving Scheme or popularly known as ELSS is a tax-saving investment under Section 80C of the Income Tax Act, 1961. An ELSS Fund is the only type of Mutual Fund eligible for tax benefits under Section 80C.

What are the benefits of Investing in Equity Linked Savings Scheme (ELSS)?

1) Shortest Lock-in Period 2) Growth Potential 3) Reduced Tax Liability

What are Tax Saving Mutual Funds?

Tax saving mutual funds are just like any other mutual funds with an added tax-saving benefit. The special feature of this type of mutual fund is that the investments made in the tax-saving mutual funds are eligible for tax benefits under section 80C of the Indian Income Tax Act. Most of the tax saving mutual funds are ELSS schemes and make investments in the growth-oriented equity market. They have a lock-in period of 3 years.

Why invest in Kotak Tax Saver Fund?

1) Offers lowest lock-in period of 3 years. 2) It is a diversified equity fund 3) Offers Tax benefit of up to Rs. 1.5 lakh under Section 80C of Income Tax Act. 4) Comprehensive Investment Strategy

What is the minimum lumpsum investment amount of Kotak Tax Saver Fund?

Initial Purchase: Rs.500 and in multiples of Rs.500 Additional Purchase: Rs.500 and in multiples of Rs.500

What is the minimum SIP investment amount of Kotak Tax Saver Fund?

SIP Purchase: Minimum Rs.500 and in multiples of Rs.500

What are the Plans available under Kotak Tax Saver Fund?

Direct Plan and Regular Plan Direct Plan: This Plan is only for investors who purchase /subscribe Units in a Scheme directly with the Fund and is not available for investors who route their investments through a Distributor. Regular Plan: This Plan is for investors who wish to route their investment through any distributor.

What are the options available under each plan of the Kotak Tax Saver Fund?

Growth and Income Distribution cum capital withdrawal (IDCW) (Payout and Reinvestment).

What is the frequency of IDCW declaration under Kotak Tax Saver Fund?

IDCW is declared subject to availability and adequacy of distributable surplus at the discretion of the Trustees.