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FAQ : Kotak ELSS Tax Saver Fund - Growth

Kotak ELSS Tax Saver Fund - Growth has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 1.59 21.86 23.49 15.89
Average Rolling Returns(%) 17.30 16.19 15.12 13.18

The Current NAV of Kotak ELSS Tax Saver Fund - Growth is ₹117.09.

You can consider SIP in Kotak ELSS Tax Saver Fund - Growth as it has consistently outperformed the benchmark and has a Very good quality portfolio. Funds returns are more likely to be different than its benchmark NIFTY 500 returns, as Funds portfolio is significantly different.

Kotak ELSS Tax Saver Fund - Growth fund’s expense ratio is 1.75%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of Kotak ELSS Tax Saver Fund - Growth is currently ₹6,493 Crores.

The Top three stocks are HDFC Bank, ICICI Bank and Bharti Airtel and account for 19% of its portfolio. Top 5 and 10 stocks of fund account for 26% and 41% of fund’s portfolio respectively.

Top three sectors of Kotak ELSS Tax Saver Fund - Growth fund are BFSI, Construction & Infrastructure and IT accounting for 52% of the total portfolio.

Funds Portfolio Quality is Very Good. It has a large proportion of Green Stocks.Since this is a Equity - ELSS it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of Kotak ELSS Tax Saver Fund - Growth Fund is Equity - ELSS.

Harsha Upadhyaya manages the Kotak ELSS Tax Saver Fund - Growth Fund.

Kotak ELSS Tax Saver Fund - Growth current PE ratio is 36.15 and PB ratio is 6.79

The asset allocation of Kotak ELSS Tax Saver Fund - Growth is Stocks : 99.74%, Debt : 0.26% and Gold : 0%

The minimum SIP amount for Kotak ELSS Tax Saver Fund - Growth is ₹500.00 and minimum lumpsum is ₹500.00

The exit load for Kotak ELSS Tax Saver Fund - Growth is Nil

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