Kotak ELSS Tax Saver Fund - Direct Plan - Growth

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

Category : ELSS

Scheme Objective

To generate long-term 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.

Scheme Details

Fund manager(s) – Harsha Upadhyaya
Launch date – 02-Jan-2013
Expense ratio – 0.62% as declared on 31-Aug-2025 (category average is 0.94%)
Benchmark - Nifty 500 TRI

Min SIP amount - ₹
Min investment amount (one time- first time) - ₹
Min investment amount (addtional purchase) - ₹
Type : Open Ended Fund. You can invest any time in this fund.

Exit Load

Data not available.

Asset Monitor

Total AUM for this Scheme (Cr)

Category Total AUM (Cr)

% of Assets in Category

2025

6278.37

0.00

0.00%

Sep - 2025	6278.37	0.00%
Aug - 2025	6200.52	0.00%
Jul - 2025	6354.72	0.00%
Jun - 2025	6492.65	0.00%
May - 2025	6266.40	0.00%
Apr - 2025	6076.62	0.00%
Mar - 2025	5862.55	0.00%
Feb - 2025	5411.91	0.00%
Jan - 2025	5892.76	0.00%

2024

6218.85

0.00

0.00%

Dec - 2024	6218.85	0.00	0.00%
Nov - 2024	6232.32	0.00	0.00%
Oct - 2024	6148.14	0.00	0.00%
Sep - 2024	6501.48	0.00	0.00%
Aug - 2024	6297.77	0.00	0.00%
Jul - 2024	6334.74	0.00	0.00%
Jun - 2024	6100.96	0.00	0.00%
May - 2024	5768.54	223106.14	2.59%
Apr - 2024	5608.21	221637.55	2.53%
Mar - 2024	5294.79	212968.51	2.49%
Feb - 2024	5050.36	208593.74	2.42%
Jan - 2024	4797.29	203644.64	2.36%

2023

4691.21

199534.21

2.35%

Dec - 2023	4691.21	199534.21	2.35%
Nov - 2023	4393.15	187272.41	2.35%
Oct - 2023	4122.24	174383.90	2.36%
Sep - 2023	4198.60	178976.97	2.35%
Aug - 2023	4088.64	175399.72	2.33%
Jul - 2023	4051.15	175666.64	2.31%
Jun - 2023	3855.26	169734.76	2.27%
May - 2023	3687.18	162430.51	2.27%
Apr - 2023	3559.75	156596.22	2.27%
Mar - 2023	3400.35	149645.93	2.27%
Feb - 2023	3167.04	148242.90	2.14%
Jan - 2023	3143.14	149392.61	2.10%

2022

3161.09

152764.67

2.07%

Dec - 2022	3161.09	152764.67	2.07%
Nov - 2022	3163.28	156759.27	2.02%
Oct - 2022	3062.89	153322.29	2.00%
Sep - 2022	2906.97	147591.21	1.97%
Aug - 2022	2935.89	151685.51	1.94%
Jul - 2022	2794.27	146051.81	1.91%
Jun - 2022	2528.82	132537.89	1.91%
May - 2022	2606.35	139007.48	1.87%
Apr - 2022	2670.33	144213.40	1.85%
Mar - 2022	2696.29	145624.48	1.85%
Feb - 2022	2414.86	138806.70	1.74%
Jan - 2022	2472.68	144635.86	1.71%

2021

2417.76

145783.16

1.66%

Dec - 2021	2417.76	145783.16	1.66%
Nov - 2021	2335.11	142356.14	1.64%
Oct - 2021	2323.06	146098.30	1.59%
Sep - 2021	2295.53	145356.40	1.58%
Aug - 2021	2249.04	141840.66	1.59%
Jul - 2021	2144.28	134683.48	1.59%
Jun - 2021	2072.53	131689.99	1.57%
May - 2021	1988.11	128774.29	1.54%
Apr - 2021	1865.92	121579.80	1.53%
Mar - 2021	1836.79	121114.97	1.52%
Feb - 2021	1679.04	118836.61	1.41%
Jan - 2021	1539.50	110639.78	1.39%

2020

1527.07

113760.32

1.34%

Dec - 2020	1527.07	113760.32	1.34%
Nov - 2020	1445.47	106924.67	1.35%
Oct - 2020	1311.51	96223.64	1.36%
Sep - 2020	1275.50	94117.27	1.36%
Aug - 2020	1243.69	94958.88	1.31%
Jul - 2020	1202.77	90817.36	1.32%
Jun - 2020	1132.99	86390.81	1.31%
May - 2020	1029.52	80076.00	1.29%
Apr - 2020	1040.28	81740.65	1.27%
Mar - 2020	908.66	71591.70	1.27%
Feb - 2020	1135.45	92355.61	1.23%
Jan - 2020	1154.61	96718.12	1.19%

Tax Rate

You can not sell your investments in this fund for 3 years from the purchase date. Long term capital gain tax will be applicable when you sell your investments after 3 years. Current tax rate is 12.5%, if your total long term capital gain exceeds 1.25 lakhs in a financial year. Any cess/surcharge is not included. However, you can claim a deduction on your taxable income under section 80c for your investments in this fund. (Current tax deductions are capped at 1.5 lakh per year).

Contact Details

Kotak Mahindra Asset Management Co. Ltd.

27 BKC, C-27, G Block, Bandra Kurla Complex, Bandra (E) Mumbai 400051
Tel no.: 022-61152100
Fax no.: 022-67082213
Website.: www.kotakmf.com

Forum

NITINPIMPALE
MF Investment Help
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4 days ago

purchase unit will adjust difference in NAV 10.263 View more

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  purchase unit will adjust difference in NAV 10.263
  
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krishna_ksvs
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16 days ago

View more

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The Fixed Income
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3 days ago

Lock in Stable Returns from a State-Backed PSU! TELANGANA STATE INDUSTRIAL INFRASTRUCTURE CORPORATION LIMITED – 2028 Bond ✔️ Coupon: 9.35% p.a. ✔️ Tenor: 3y 2m (Maturity: 29/Dec/2028) ✔️ Senior Secured | PSU Bond | High Return Bond | Listed Invest confidently in a state-backed PSU and watch your money grow steadily. Explore on The Fixed Income: https://www.thefixedincome.com/product/dVJPdFpRPT0=/935-telangana-state-industrial-infrastructure-corporation-limited-2028?utm_source=Moneycontrol&utm_medium=Forum&utm_campaign=Product_list View more

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  Lock in Stable Returns from a State-Backed PSU! TELANGANA STATE INDUSTRIAL INFRASTRUCTURE CORPORATION LIMITED – 2028 Bond ✔️ Coupon: 9.35% p.a. ✔️ Tenor: 3y 2m (Maturity: 29/Dec/2028) ✔️ Senior Secured | PSU Bond | High Return Bond | Listed Invest confidently in a state-backed PSU and watch your money grow steadily. Explore on The Fixed Income: https://www.thefixedincome.com/product/dVJPdFpRPT0=/935-telangana-state-industrial-infrastructure-corporation-limited-2028?utm_source=Moneycontrol&utm_medium=Forum&utm_campaign=Product_list
  
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shravanashok
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66 days ago

need your suggestion for sbi psu fund direct growth stay or switch View more

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  need your suggestion for sbi psu fund direct growth stay or switch
  
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ravisistla
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79 days ago

Dividend last declared by SBI Long Term Equity Fund - regular Plan -IDCW was in the year 2022. Is there any specific reason given by fund managers for non declaration of dividend. Please let me know. View more

Posted by : ravisistla
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  Dividend last declared by SBI Long Term Equity Fund - regular Plan -IDCW was in the year 2022. Is there any specific reason given by fund managers for non declaration of dividend. Please let me know.
  
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sunny85deol
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116 days ago

Hello sir, I have been invested in these funds since 2017. Last SIP was in 2021. As their NAV have grown so I was thinking of switching to other funds with lower NAV. View more

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  Hello sir, I have been invested in these funds since 2017. Last SIP was in 2021. As their NAV have grown so I was thinking of switching to other funds with lower NAV.
  
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