Kotak ELSS Tax Saver Fund - Direct Plan - Payout of Income Distribution cum capital withdrawal option
Performance chart
Benchmark: Nifty 500 price index (excludes dividends, so it slightly understates the index's total return). Past performance may or may not be sustained in future.
Quick take
- Over 5 years it returned 10.5% a year, against Nifty 500 7.1%.
- Volatility over 3 years was 14.6% a year (Nifty 500: 14.5%), with a Sharpe ratio of 0.23.
- Its biggest fall from a peak was 37.8% (26 Dec 2017 to 23 Mar 2020).
- It did better than the Nifty 500 in 4 of the last 10 calendar years.
- Across all 3-year periods since launch, yearly returns ranged from -10.1% to 30.0% and were positive 93% of the time.
- Expense ratio 0.80%, fund size ₹6,071 crore.
AI analysis
Plenitude AI reads the figures on this page and explains them in plain language.
Thinking of investing?
We help you invest in the Regular plan of schemes that suit your goals, and review them every year.
Book a free consultation Compare with other fundsReturns vs benchmark and category
| Returns (%) | 1W | 1M | 3M | 6M | YTD | 1Y | 2Y | 3Y | 5Y | 7Y | 10Y | Since launch |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| This fund | +1.54% | -1.30% | -3.19% | +0.79% | -3.31% | -2.43% | -2.08% | +9.80% | +10.49% | +14.80% | +10.20% | +11.49% |
| Nifty 500 | +2.61% | -1.32% | -4.66% | -1.84% | -7.08% | -5.12% | -3.33% | +8.43% | +7.06% | +13.30% | +11.47% | +11.94% |
Point-to-point NAV returns as on 15 Oct 2026; over 1 year, yearly compounded (CAGR). Category: Direct Growth plans in ELSS Tax Saver Funds. Q1 = top quarter by return over that period.
Calendar-year returns
| Year | 2026 YTD | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| This fund | -3.31% | +2.92% | +23.31% | +25.20% | +8.37% | +35.05% | +10.74% | +5.37% | -11.60% | +22.16% | +5.30% |
| Nifty 500 | -7.08% | +6.69% | +15.16% | +25.76% | +3.02% | +30.19% | +16.67% | +7.66% | -3.38% | +35.91% | +3.84% |
| Difference | +3.77% | -3.77% | +8.15% | -0.56% | +5.35% | +4.86% | -5.93% | -2.29% | -8.22% | -13.75% | +1.46% |
January to December each year; the current year is to date.
Risk and consistency
| Risk measure | 3 years | 5 years |
|---|---|---|
| Volatility (standard deviation) ? | 14.58% | 14.41% |
| Nifty 500 volatility ? | 14.52% | 14.59% |
| Sharpe ratio ? | 0.23 | 0.28 |
| Sortino ratio ? | 0.30 | 0.37 |
| Beta ? | 0.98 | 0.96 |
| Alpha (yearly) ? | 1.41% | 3.45% |
| R-squared ? | 0.96 | 0.95 |
| Up-market capture ? | 102.50% | 101.50% |
| Down-market capture ? | 96.60% | 85.80% |
| Maximum drawdown | -19.57% | -19.57% |
Rolling 3-year returns (yearly)
Rolling 5-year returns (yearly)
Every 3- and 5-year period since launch, checked weekly. It shows how consistent returns were, whenever someone invested.
SIP returns: ₹10,000 every month
| SIP for | Invested | Value today | Gain | XIRR | Nifty 500 XIRR |
|---|---|---|---|---|---|
| 1Y | ₹1,20,000 | ₹1,18,610 | ₹-1,390 | -2.13% | -6.66% |
| 3Y | ₹3,60,000 | ₹3,77,208 | ₹17,208 | +3.05% | +1.04% |
| 5Y | ₹6,00,000 | ₹7,57,900 | ₹1,57,900 | +9.28% | +7.00% |
| 10Y | ₹12,00,000 | ₹22,49,977 | ₹10,49,977 | +12.08% | +11.21% |
A ₹10,000 instalment on the same date every month, valued at the latest NAV. XIRR is the yearly return on those dated instalments. Try the SIP calculator.
Compare with all ELSS Tax Saver Funds (38)
Sorted by 3-year return; tap a heading to sort. Sorting by past returns is a way to explore data, not a ranking of which fund to choose. 3Y and 5Y are yearly (CAGR).
Scheme details
- Investment objective
- The investment objective of the scheme is to generate longterm capital appreciation from a diversified portfolio of equity and equity related securities and enable investors to avail the income tax rebate, as permitted from time to time.
- Fund manager
- Harsha Upadhyaya
- Fund house
- Kotak Mahindra Mutual Fund
- Category
- ELSS Tax Saver Funds · Equity
- Benchmark used here
- Nifty 500 (price index)
- Plan / option
- Direct · IDCW (income distribution)
- AMFI scheme code
- 119772
- ISIN
- INF174K01LJ1
- Scheme documents
- SID, KIM and factsheets (fund house website) · exit load and full portfolio are in these documents.
About ELSS Tax Saver Funds
ELSS Tax Saver Funds invest at least 80% in equity and come with a 3-year lock-in. Investments can qualify for a tax deduction of up to ₹1.5 lakh a year under the old tax regime; there is no such deduction under the new regime.
Generally used by taxpayers on the old regime who want equity exposure and can stay invested 3+ years.
Other plans of this scheme
Questions about this scheme
What is the NAV of Kotak ELSS Tax Saver Fund today?
What returns has Kotak ELSS Tax Saver Fund given?
What is the expense ratio of Kotak ELSS Tax Saver Fund?
How risky is this fund?
What is the difference between Direct and Regular plans?
What are ELSS Tax Saver Funds?
Have a question about this topic?
Tell us a little about your situation and an expert will call you back, usually within 2 hours on business days.
Book your free wealth consultation
- 100% free
- No obligation
- Reply within 2 hours
Request received!
Thank you for trusting Plenitude Connect. An expert will contact you shortly. Please check your inbox for details.