Kotak ELSS Tax Saver Fund Direct Growth

Equity
ELSS
Very High Risk
3Y Lock In
21.92%
3Y annualised
+0.28% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 28 Mar 2024₹117.43
Min. SIP amount₹500
Rating4
Fund size₹5,050.36Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns40.8%21.9%20.0%16.8%
Category average41.3%19.2%17.1%NA
Rank with in category2196NA
Understand terms

Holdings (59)

NameSectorInstrumentAssets
AutomobileEquity5.03%
FinancialEquity4.86%
FinancialEquity4.38%
ConstructionEquity4.05%
FinancialEquity4.00%
FinancialEquity3.83%
EnergyEquity3.32%
AutomobileEquity2.94%
EnergyEquity2.89%
TechnologyEquity2.65%
See All

Pros and cons

Category: Equity ELSS

Pros

Cons

3Y, 5Y and 10Y annualised returns higher than category average
1Y annualised returns lower than category average by 0.49%
Higher alpha: 3.94 The fund has generated returns higher than benchmark - NIFTY 500 Total Return Index - in the last 3Y
Lock-in period: 3Y
Exit load is zero
Lower expense ratio: 0.56%

Expense ratio, exit load and tax

Expense ratio: 0.56%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹500

Fund house & investment objective

Fund house contact details

Address
The Capital Building, Behind ICICI Bank, G Block BKC, Bandra Kurla ComplexBandra (E) Mumbai 400051
Phone
022-61152100 / 1800-22-2626
Launch Date
05 Aug 1994
E-mail
NA
Website
Kotak Mahindra Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

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