Kotak ELSS Tax Saver-Scheme- Growth
Kotak Elss Tax Saver-Scheme- Growth invests mainly in stocks for long-term wealth growth.
What This Strategy Does
CW Expert Research Notes
Consistent Outperformance
The fund has outperformed its Morningstar category average over the 10-year period, delivering a 13.8% annualized return versus 12.8% for peers, reflecting resilient earnings participation and downside protection across market cycles.
Differentiated Construction
The fund's overweight in the financials sector, coupled with a tilt toward large-cap stocks like HDFC Bank and ICICI Bank, has driven outperformance through exposure to India's structural lending growth and improving asset quality trends.
Earnings Revisions Catalyst
With the portfolio trading at a discount to historical averages, the fund is well-positioned to benefit from an expected recovery in corporate earnings growth, supported by moderating inflation and pent-up capex demand across cyclical sectors.
Performance and Risk Analysis
Historical returns, volatility patterns, and how this fund has performed relative to its benchmark.
Fund Performance
Benchmark Performance Comparison
Risk Profile
Detailed Risks
Market Risk
Potential recession in India could dampen corporate earnings and consumer demand, impacting fund holdings.
Liquidity Risk
High mid-cap exposure could face liquidity stress during market sell-offs, hindering rebalancing.
Concentration Risk
Concentrated sector bets like financials or IT could amplify downside from regulatory changes.
Specific Strategy Risk
Tax policy changes could reduce ELSS scheme's relative attractiveness versus other tax-saving options.
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 companies across market cycles. This approach captures the long-term compounding power of India's leading businesses while offering tax benefits under Section 80C of the Income Tax Act.
Broader Market View
Market Outlook
Why This Strategy is Attractive Now
Investment Style & Process
Investment Style
Why it Makes Sense
High-Level Investment Process
Portfolio Holdings Overview
Geographic Allocation
Top Stock Holdings
Fund House Management
The asset management company’s track record, AUM scale, and fund manager credentials.
Fund Manager Track Record
Harsha Upadhyaya
Mr. Harsha Upadhyaya has experience of 24 years. Manages 35 funds at Kotak Mahindra Asset Management Co Ltd with an AUM of approximately ₹36,716 Cr Holds a PGDM degree.
24 years
Combined Team Experience
₹ 36,716 Cr
Assets Under Management
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.
Firm Overview
Investment Philosophy & Approach
Disciplined Approach
Kotak AMC follows a disciplined, process-driven investment approach across strategies.
Risk Management
Risk management is embedded in the investment process through quantitative oversight.
Long-Term Focus
The firm maintains a long-term capital allocation mindset across strategies.
Operational & Regulatory Details
What it costs to invest, transaction mechanics, and regulatory disclosures you should know.
Costs and Fees
Regulatory & Tax Information
LTCG | >1Year 12.5%% on gain above 1.25 Lakh
STCG | <1Year 20%%
Tax Implications (India)