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Kotak Mahindra Mutual Fund

Kotak ELSS Tax Saver Fund-Payout of Income Distribution cum capital withdrawal option

★★★★★ 3rd-party

External rating

  • Source: Third-party data provider (Groww/CRISIL)
  • Original rating: 3/5, displayed as-is — TopFund does not modify third-party ratings
  • Refresh frequency: Whenever TopFund re-syncs this fund's data
  • Limitations: The provider's own rating methodology isn't disclosed here — see the provider's own site for their criteria

Full rating methodology →

TopFund Score: 69/100 · Good

How this score is calculated

  • Star rating (35%)3/5
  • 3Y CAGR (30%)10.32%
  • Expense ratio (20%)0.8232%
  • AUM (15%)₹6,384 Cr

Not investment advice — an analytical read of public fund data. Methodology →

Kotak Mahindra Mutual Fund · Equity · ELSS

₹136.25

+93.29 (+217.17%)

AUM: ₹6,383 Cr

NAV updated 10 days ago

Plan

Direct

Option

Growth

Risk

High

Expense Ratio

0.8232%

Exit Load

Nil

Fund Manager

Harsha Upadhyaya

Inception

Jan 2013

Benchmark

NIFTY 500 Total Return Index

Sharpe Ratio

-0.39

Std Dev (1Y)

14.24%

Historical Returns (CAGR)

Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.

1m

-3.07%

3m

+0.68%

6m

+6.84%

1y

-0.89%

3y

+10.32%

5y

+11.5%

10y

+14.2%

since inception

+5.92%

TopFund's Take on Kotak ELSS Tax Saver Fund-Payout of Income Distribution cum capital withdrawal option

Kotak ELSS Tax Saver Fund-Payout of Income Distribution cum capital withdrawal option holds up reasonably well within the ELSS category, currently carrying a 3-star rating. It has delivered steady, if unspectacular, returns over a full market cycle. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 69/100.

Cost: At 0.8232%, the expense ratio is meaningfully cheaper — about 22% below the ELSS category average of 1.06% (based on 157 comparable funds). Lower costs compound in your favour over long holding periods.

Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -0.39 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 14.24% is fairly typical for ELSS funds.

Who should invest: This fund is best suited to investors looking to claim the ₹1.5 lakh Section 80C tax deduction, who are comfortable with the mandatory 3-year lock-in. The High risk rating means near-term volatility should be expected — this isn't a fund to check daily.

This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.

Sector Allocation

Asset Allocation

Equity 98.72%
Repo 1.45%

Frequently Asked Questions about Kotak ELSS Tax Saver Fund-Payout of Income Distribution cum capital withdrawal option

* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.

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