Kotak ELSS Tax Saver Scheme Fund Direct Growth
NAV as on 15-04-2025
₹ 124.29
▲1.8%
1D
Inception Returns
15.7%
/yr
Historical NAV & Returns
Absolute
▲
▼
4659 people have invested ₹ 1.6Cr in Kotak ELSS Tax Saver Scheme Fund Direct Growth in the last three months
About Kotak ELSS Tax Saver Scheme Fund Direct Growth
Kotak ELSS Tax Saver Scheme Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Harsha Upadhyaya. The fund could potentially beat inflation in the long-run.
Key Parameters
- Kotak ELSS Tax Saver Scheme Fund Direct Growth has ₹5863 Cr worth of assets under management (AUM) as on Mar 2025 and is more than category average.
- The fund has an expense ratio 0.7.
Returns
Kotak ELSS Tax Saver Scheme Fund Direct Growth has given a CAGR return of 15.66% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of -0.28%, 13.29% and 25.07% respectively.
Holdings
Kotak ELSS Tax Saver Scheme Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech, Industrial, Basic Materials, Consumer Cyclical, Utilities, Energy, Consumer Defensive, Health, Communication. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Infosys Ltd, State Bank of India, Axis Bank Ltd
Taxation
As it is a elss (tax savings) mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of Kotak ELSS Tax Saver Scheme Fund Direct Growth
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.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. There is a lock in period for Kotak ELSS Tax Saver Scheme Fund Direct Growth of 3 Years
Kotak ELSS Tax Saver Scheme Fund Direct Growth Overview
| Expense ratio | 0.71% |
Benchmark | Nifty 500 TR INR |
| AUM | ₹5863 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹500/₹500 |
| Exit Load | 0% |
| Lock In | 3 Years |
TurnOver | 24.11% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
INDmoney Rank for Kotak ELSS Tax Saver Scheme Fund Direct Growth
Powered by IND quant engine
12
/23
43% Performance
43% Risk Management
67% Cost
12 out of 23 among elss (tax savings)
Beats FD returns for both 3Y & 5Y
Poor track record of Recovering losses quickly
Trailing Returns
as on (15-Apr-25)
Fund Distribution
as on (31-Mar-25)
Large cap
72.7%
Mid cap
15.6%
Small cap
9.1%
Sector Allocation
Financial Services
29.7%
Tech
12.6%
Industrial
11.8%
Basic Materials
10.2%
Consumer Cyclical
8.8%
Utilities
7.3%
Energy
6.3%
Consumer Defensive
4.8%
Health
4.3%
Communication
4.1%
All changes are between Jan'25 and Mar'25
- This fund’s returns stands at 7.60% whereas the fund’s underlying benchmark Nifty 500 returns stands at 7.25% as on Mar'25
- This fund outperformed Nifty 500 by 0.34% in Mar'25
- AUM of the fund stands at 5.9K Cr as of Mar'25
- AUM increased by 450.6 Cr between Mar'25 and Feb'25
Top Stocks bought last month
ICICI Bank Ltd's allocation increased from 1.54% to 5.98%
Bharti Airtel Ltd's allocation increased from 2.51% to 3.07%
Hindustan Petroleum Corp Ltd's allocation increased from 2.04% to 2.3%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 9.6 % to 9.36 %
Infosys Ltd's allocation decreased from 5.61 % to 4.82 %
Tech Mahindra Ltd's allocation decreased from 3.71 % to 3.27 %
Mid Cap allocation has gone up from 15.4% to 15.6%
Large Cap allocation has gone up from 69.2% to 72.7%
Small Cap allocation has gone down from 14% to 9.1%
Cash allocation has gone up from 1.5% to 2.6%
Top 3 Sectors in March were Financial Services, Tech & Industrial
Mar'25
Financial Services
30%
Tech
13%
Industrial
12%
Feb'25
Financial Services
29%
Tech
15%
Industrial
11%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 9.36% | 0% | |
 ICICI Bank Ltd | 5.98% | 274.9% | |
 Infosys Ltd | 4.82% | 0% | |
 State Bank of India | 3.55% | 0% | |
 Axis Bank Ltd | 3.29% | 0% |
See all
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
Kotak ELSS Tax Saver Scheme Fund Direct Growth | -0.28% | 13.29% | 25.07% | 15.66% |
 DSP ELSS Tax Saver Fund Direct Plan Growth | 10.14% | 16.88% | 27.78% | 17.73% |
 SBI Long Term Equity Fund Direct Growth | 3.28% | 21.44% | 29.47% | 16.2% |
 Mirae Asset ELSS Tax Saver Fund -Direct Plan-Growth | 1.96% | 12.3% | 25.64% | 18.55% |
See all
Top Growth Drivers | 1M Return |
|---|---|
 Hindustan Petroleum Corporation Ltd | 17.4% |
 HDFC Bank Ltd | 5.6% |
 ICICI Bank Ltd | 3.4% |
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Harsha Upadhyaya
Fund Manager of Kotak ELSS Tax Saver Scheme Fund Direct Growth, since 25 August 2015
Top funds managed
Fund House
Kotak Mahindra Asset Management Co Ltd
Total Schemes
Total AUM
₹4.57L Cr
as on 31-Mar-2025
Address
Kotak Mahindra Asset management Company Limited,2nd Floor, 12-BKC, Plot No C-12,G Block, BKC, Bandra (East),Mumbai - 400 051
Phone
91-22-40930000
Website
fundaccops@kotakmutual.com
Mutual Fund Insights
In the last 1 year, DSP ELSS Tax Saver Fund Direct Plan Growth has given 10.14% return, outperforming this fund by 10.42%.
In the last 5 years, Quant ELSS Tax Saver Growth Option Direct Plan has given 35.38% return, outperforming this fund by 10.32% per annum.
Over the last 3 months, this fund has increased expense ratio by 16.4% moving from 0.61 to 0.71.
In the last 3 years, SBI Long Term Equity Fund Direct Growth has given 21.44% return, outperforming this fund by 8.15% per annum.
This fund has one of the lowest expense ratio in the category (elss (tax savings)). Its expense ratio is 0.71% which is lower than the category average expense ratio of 1.3%.
Over the last 6 months, this fund has experienced a 9.8% drop in AUM moving from 6.50K Cr to 5.86K Cr.
Kotak ELSS Tax Saver Scheme Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 15.66% since inception which is more than its category average return of 14.14%
Fund Allocations
This fund has an allocation of 97.36% in Equity, 0% in Debt and 2.64% in Cash related instruments
AUM size ₹5863 Cr
This fund has AUM of ₹5863 Cr which is more than its category average of ₹ 4910 Cr
Expense Ratio 0.71%
This fund has an expense ratio of 0.71% which is less than its category average expense ratio of 1.4%
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3Y CAGR
▲ 21.16
5Y CAGR
▲ 27.89
3Y CAGR
▲ 17.15
5Y CAGR
▲ 31.36
Frequently Asked Questions for Kotak ELSS Tax Saver Scheme Fund Direct Growth
The current NAV of Kotak ELSS Tax Saver Scheme Fund Direct Growth is ₹124.29 as on 15-Apr-2025.
Existing (Absolute + CAGR) as on 15-Apr-2025.
Kotak ELSS Tax Saver Scheme Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.6% | 2.6% |
6 Month Returns | -12.34% | -12.34% |
1 Year Returns | -0.28% | -0.28% |
3 Years Returns | 45.4% | 13.29% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.71% as on March 2025
₹5863 Cr as on March 2025
HDFC Bank Ltd(9.36%), ICICI Bank Ltd(5.98%), Infosys Ltd(4.82%), State Bank of India(3.55%), Axis Bank Ltd(3.29%) as on March 2025
Financial Services(28.95%), Tech(12.29%), Industrial(11.45%) as on March 2025
The alpha ratio for the Kotak ELSS Tax Saver Scheme Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Kotak ELSS Tax Saver Scheme Fund Direct Growth | -0.34 | 1.72 | 2.83 |
As on March 2025
The alpha for Kotak ELSS Tax Saver Scheme Fund Direct Growth is calculated against Nifty 500 TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Kotak ELSS Tax Saver Scheme Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Kotak ELSS Tax Saver Scheme Fund Direct Growth | 1.03 | 0.92 | 0.87 |
As on March 2025
The Beta for Kotak ELSS Tax Saver Scheme Fund Direct Growth is calculated with Nifty 500 TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Kotak ELSS Tax Saver Scheme Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Kotak ELSS Tax Saver Scheme Fund Direct Growth | 0.02 | 0.62 | 1.38 |
As on March 2025
The sharpe ratio for Kotak ELSS Tax Saver Scheme Fund Direct Growth is calculated with Nifty 500 TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Kotak ELSS Tax Saver Scheme Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Kotak ELSS Tax Saver Scheme Fund Direct Growth | 17.78 | 14.21 | 14.27 |
As on March 2025
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 0.97 as on March 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.31 as on March 2025. It tells the consistency of the fund in generating superior risk-adjusted performance
Harsha Upadhyaya is the fund manager of Kotak ELSS Tax Saver Scheme Fund Direct Growth
The Exit load of Kotak ELSS Tax Saver Scheme Fund Direct Growth is 0%