Kotak ELSS Tax Saver Fund Direct Growth

Equity
ELSS
Very High Risk
3Y Lock In
23.48%
3Y annualised
+0.04% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 24 May 2024₹128.87
Min. SIP amount₹500
Rating4
Fund size₹5,608.21Cr

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 returns45.4%23.5%21.4%17.5%
Category average40.6%19.6%18.3%NA
Rank with in category1477NA
Understand terms

Holdings (60)

NameSectorInstrumentAssets
AutomobileEquity5.14%
FinancialEquity4.74%
FinancialEquity4.31%
FinancialEquity3.98%
ConstructionEquity3.77%
FinancialEquity3.74%
EnergyEquity3.24%
ChemicalsEquity2.94%
AutomobileEquity2.72%
EnergyEquity2.62%
See All

Pros and cons

Category: Equity ELSS

Pros

Cons

Consistently higher annualised returns than category average for the past 1Y, 3Y, 5Y and 10Y
Lock-in period: 3Y
Higher alpha: 4.72 The fund has generated returns higher than benchmark - NIFTY 500 Total Return Index - in the last 3Y
Exit load is zero
Lower expense ratio: 0.58%

Expense ratio, exit load and tax

Expense ratio: 0.58%

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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