Kotak ELSS Tax Saver-Scheme- Growth

All Cap

Equity

India Tax Saver

Others

Tax Saver

Emotionally driven

Investor Profile

1–7 yearsInvestment Horizon

HNI, UHNI, Retail Investor, Mass AffluentTarget Segments

SEBI registered equity mutual fund suitable for all investor categoriesRegulatory Fit

Kotak Elss Tax Saver-Scheme- Growth invests mainly in stocks for long-term wealth growth.

What This Strategy Does

Kotak ELSS Tax Saver-Scheme- Growth is an equity fund which captures India's ₹25 trillion consumption and financialization opportunity through a multi-cap portfolio, deploying capital across financials, industrials, and consumer sectors to achieve broad-based earnings growth.

Performance and Risk Analysis

Historical returns, volatility patterns, and how this fund has performed relative to its benchmark.

Fund Performance

-1.2% AnnuallyAlpha

+11.2% vs +9.2% benchmarkSince Inception

+8.4% vs +5.4% benchmark3Y Annualized

+8.9% vs +4.5% benchmark5Y Annualized

Kotak ELSS Tax Saver-Scheme- Growth

Benchmark Index

Benchmark Performance Comparison

Kotak Tax Saver Fund

NIFTY 50

Given the product’s limited performance history, the assessment considers the fund house’s track record and the historical performance of comparable strategies managed by the same fund house, which follow similar investment approaches. Such comparisons provide historical context only and do not represent the performance of the new product or indicate its future returns.

Risk Profile

Standard Deviation17.4%

Maximum Drawdown-19.2% | Oct 2024

Sharpe Ratio-0.41

Beta0.97

Upside Capture97%

Strategy Details

A closer look at the investment thesis, portfolio construction, and current holdings.

Core Investment Theme

Provides tax-efficient wealth creation through exposure to India's highest-quality growth companies. This approach captures the long-term compounding power of the nation's most dynamic businesses while offering tax benefits under Section 80C of the Income Tax Act.

Portfolio Holdings Overview

SectoralAllocation

Utilities4.48%

Energy & Infra6.13%

Services12.19%

Capital Goods21.84%

Financial Services33.19%

Technology5.91%

Consumers16.26%

Geographic Allocation

Domestic100%

Top Stock Holdings

CompanySectorAllocation

HDFC Bank LtdFinancial Services7.73%

State Bank of IndiaFinancial Services5.22%

ICICI Bank LtdFinancial Services5.10%

Bharti Airtel LtdServices3.63%

NTPC LtdUtilities2.99%

Tech Mahindra LtdTechnology2.72%

Larsen & Toubro LtdCapital Goods2.67%

Eternal LtdConsumers2.56%

Bajaj Finance LtdFinancial Services2.55%

Sun Pharmaceuticals Industries LtdServices2.40%

Fund House Management

The asset management company’s track record, AUM scale, and fund manager credentials.

Fund Manager Track Record

Harsha Upadhyaya

Lead Portfolio Manager

Mr. Harsha Upadhyaya has experience of 25 years. Manages 35 funds at Kotak Mahindra Asset Management Co Ltd with an AUM of approximately ₹36,716 Cr Holds a PGDM degree.

CW Expert Take

Kotak brings banking-grade risk assessment to fund management. Their strength is in identifying mispriced opportunities while maintaining portfolio quality. The equity teams focus on sustainable business models, while their debt strategies emphasize credit selection and liquidity management—reflecting the parent group's risk culture.

25 years

Combined Team Experience

₹ 36,716 Cr

Assets Under Management

Firm Overview

AMCKotak Mahindra Asset Management Co Ltd

Total AUM₹5,80,249.31 Cr

Operational & Regulatory Details

What it costs to invest, transaction mechanics, and regulatory disclosures you should know.

Costs and Fees

Total Expense Ratio (TER)1.86%

Regulatory & Tax Information

INF174K01369

ISIN

DailyDealing Frequency

BSE 500 India TR INRBenchmark

LTCG | >1Year 12.5%% on gain above 1.25 Lakh

STCG | <1Year 20%%

Tax Implications (India)