Kotak ELSS Tax Saver Fund

Q: What are the returns of this mutual fund scheme?

The Kotak ELSS Tax Saver Fund is a 20 yrs old fund and has delivered average annual returns of 13.17% since inception. Kotak ELSS Tax Saver Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 2.88% 16.26% 20.63% 14.26% 13.17%

Q: How much does this mutual fund charge as expense ratio?

The Kotak ELSS Tax Saver Fund has an expense ratio of 1.76% , representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

Previously called: Kotak Tax Saver Reg-G

NAV as of Oct 20, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹117.924+0.35% 1 day change	13.17% p.a.	App exclusive #NA View Ranked Funds	₹6,278 Cr

Historical NAV & returns

NAV: ₹117.924 as on Oct 20, 2025

This fund Category average

Kotak ELSS Tax Saver Fund overview

AUM (Fund size)	₹6,278 Cr
Exit load	0%
Lock-in Period	3 Years
Age	20 yrs since Sep 29, 2005
Benchmark	NIFTY 500 TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Expense ratio	1.76% as on Sep 30, 2025
Plan type	Regular
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

Kotak ELSS Tax Saver Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Oct 25, 2025

Period	This fund	Category average
1 Month	2.26%	2.66%
3 Months	2.16%	2.85%
6 Months	7.85%	8.76%
1 Year	2.88%	4.9%
2 Years	17.75%	19.82%
3 Years	16.26%	17.64%
4 Years	13.46%	12.86%
5 Years	20.63%	21.07%
7 Years	17.6%	16.96%
10 Years	14.26%	14.02%

View returns in detail

Asset allocationas on Sep 30, 2025

Large Cap 68.8%

Mid Cap 20.44%

Small Cap 7.77%

Other Cap 0%

Top holdings

HDFC Bank Ltd.9.09%

ICICI Bank Ltd.5.58%

State Bank of India3.75%

Bharti Airtel Ltd.3.71%

Top sectors

Financial 29.159999999999997%

Energy 10.86%

Technology 8.35%

Services 7.18%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Bifurcation by Holding is not available for this fund

Allocation by Instruments

Repo 3.09%

Other Holdings

Others 3.09%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Kotak ELSS Tax Saver Fund	2.26%	7.85%	2.88%	16.26%	20.63%	14.26%
HDFC ELSS Tax Saver Fund	2.47%	8.79%	9.35%	22.09%	25.9%	14.26%
SBI ELSS Tax Saver Fund	3.2%	7.93%	3.95%	24.32%	25.51%	14.57%
Parag Parikh ELSS Tax Saver Fund	2.05%	7.22%	7.52%	17.77%	21.39%	12.56%
DSP ELSS Tax Saver Fund	2.84%	6.04%	4.91%	19.91%	23.36%	15.98%
Franklin India ELSS Tax Saver Fund	2.89%	6.71%	3.76%	18.69%	23.51%	13.37%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Kotak ELSS Tax Saver Fund	12.76	0.92	0.74	0.97
HDFC ELSS Tax Saver Fund	11.34	0.84	1.26	2.08
SBI ELSS Tax Saver Fund	13.2	0.96	1.24	2.04
Parag Parikh ELSS Tax Saver Fund	9.75	0.68	1.12	1.75
DSP ELSS Tax Saver Fund	13.17	0.97	0.95	1.87
Franklin India ELSS Tax Saver Fund	12.69	0.94	0.92	1.35

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Kotak ELSS Tax Saver Fund	N.A.	6,278 Cr	20 yrs	1.76%
HDFC ELSS Tax Saver Fund	N.A.	16,645 Cr	29 yrs 10 m	1.7%
SBI ELSS Tax Saver Fund	N.A.	30,420 Cr	18 yrs 5 m	1.58%
Parag Parikh ELSS Tax Saver Fund	N.A.	5,639 Cr	6 yrs 3 m	1.72%
DSP ELSS Tax Saver Fund	N.A.	16,749 Cr	18 yrs 10 m	1.63%
Franklin India ELSS Tax Saver Fund	N.A.	6,531 Cr	26 yrs 6 m	1.81%

View all Elss funds

Key risk & return ratios Compared to other funds in the category

Alpha	0.62 vs. 5.52 Underperformed at beating benchmark
Sharpe	0.74 vs. 6.2 Poor risk-adjusted returns
Beta	0.92 vs. 0.95 Less sensitive to market ups & downs
Standard deviation	12.76 vs. 12.08 More volatile performance

Compare Kotak ELSS Tax Saver Fund in detail with

About this fund

About Kotak ELSS Tax Saver Fund

Kotak ELSS Tax Saver Fund is a ELSS mutual fund scheme from Kotak Mahindra Mutual Fund. This fund has been in existence for 20 yrs, having been launched on 29/09/2005. Kotak ELSS Tax Saver Fund has ₹6,278 Crores worth of assets under management (AUM) as on 30/09/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Kotak ELSS Tax Saver Fund as of 20/10/2025 is ₹117.92. The fund has an expense ratio of 1.76%, which is higher than what most other Elss funds charge.

Kotak ELSS Tax Saver Fund returns of last 1-year are -1.09%. Since launch, it has delivered 13.19% average annual returns. The fund has doubled the money invested in it every 5 yrs.
Kotak ELSS Tax Saver Fund scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is average.
The fund has the majority of its money invested in Financial, Energy, Technology, Services, Automobile sectors. It has taken less exposure in Financial, Energy sectors compared to other funds in the category.
The fund's top 5 holdings are in HDFC Bank Ltd., ICICI Bank Ltd., State Bank of India, Bharti Airtel Ltd., Infosys Ltd..

...

Fund AUM	6,278 Cr as on Sep 30, 2025
Scheme document	View Scheme Document

Fund managers

Harsha Upadhyaya

Mr. Upadhyaya is a B.E (Mechanical) from NIT Suratkal, PGDM from IIM Lucknow and CFA from the CFA Institute, USA. Prior to joining Kotak Mutual fund he has worked with DSP Mutual Fund and UTI AMC.

Investment objective

The scheme aims to generate long-term capital appreciation from a diversified portfolio of equity and equity related securities and enable investors to avail the income tax rebate, as per the prevailing tax laws.

Kotak Mahindra Mutual Fund details

No. of schemes	83 view all schemes
Total AUM	5,66,982 Cr as on Sep 30, 2025
Address	The Capital Building, Behind ICICI Bank, G Block BKC, Bandra Kurla Complex Bandra (E) Mumbai, 400051
Phone	022-61152100 / 1800-22-2626

More funds from Kotak Mahindra Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
Kotak Infrastructure and Economic Reform Fund	N.A.	2,341 Cr	0.88%	30.85%
Kotak Midcap Fund	N.A.	58,300 Cr	7.05%	27.34%
Kotak Small Cap Fund	N.A.	17,480 Cr	-3.38%	26.32%
Kotak Contra Fund	N.A.	4,716 Cr	5.83%	23.56%
Kotak Pioneer Fund	N.A.	3,148 Cr	10.06%	23.28%
Kotak Large & Midcap Fund	N.A.	28,381 Cr	6.11%	22.34%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of Kotak ELSS Tax Saver Fund?

The current Net Asset Value (NAV) of the Kotak ELSS Tax Saver Fund plan is approximately ₹117.924 as of Oct 20, 2025.

What are the returns of this mutual fund scheme?

The Kotak ELSS Tax Saver Fund is a 20 yrs old fund and has delivered average annual returns of 13.17% since inception.

Kotak ELSS Tax Saver Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
2.88%	16.26%	20.63%	14.26%	13.17%

How much does this mutual fund charge as expense ratio?

The Kotak ELSS Tax Saver Fund has an expense ratio of 1.76%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The Kotak ELSS Tax Saver Fund currently has assets under management (AUM) or fund size valued at approximately 6,278 Cr as on Sep 30, 2025.

What are the top stock holdings of Kotak ELSS Tax Saver Fund?

The Kotak ELSS Tax Saver Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
HDFC Bank Ltd.	9.09%
ICICI Bank Ltd.	5.58%
State Bank of India	3.75%
Bharti Airtel Ltd.	3.71%
Infosys Ltd.	3.44%
Axis Bank Ltd.	3.06%
Tech Mahindra Ltd.	3.01%
NTPC Ltd.	2.71%
Hindustan Petroleum Corporation Ltd.	2.65%
Britannia Industries Ltd.	2.62%

What are the top sectors Kotak ELSS Tax Saver Fund has invested in?

The Kotak ELSS Tax Saver Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Financial	29.159999999999997%
Energy	10.86%
Technology	8.35%
Services	7.18%
Automobile	6.74%
Chemicals	5.86%
Capital Goods	5.15%
Consumer Staples	5.010000000000001%
Healthcare	4.6%
Communication	3.79%

What is risk level of Kotak ELSS Tax Saver Fund?

This is a Elss fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

Yes, this fund comes with a mandatory lock-in period of 3 years.

How can I redeem my investments in Kotak ELSS Tax Saver Fund?

Redeeming your investments in the Kotak ELSS Tax Saver Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in ELSS

#NA

Return Outperformance: This fund has generated highest return amongst ELSS funds in the last 10 Years.
Chance: This fund has generated a 10.47% annual return in 70% of times for investors holding for at least 5 years.
Exit Load: This fund has no exit load.
Return/Risk: The fund is performing poorly than its category.