Previously Known As : Kotak Tax Saver Fund
Kotak Elss Tax Saver Fund Datagrid
Category ELSS (Tax Saving) Fund
BMSMONEY Rank 22
Rating
Growth Option 29-07-2026
NAV ₹116.81(R) +0.76% ₹138.44(D) +0.76%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 1.4% 10.85% 12.05% 15.33% 13.39%
Direct 2.56% 12.15% 13.44% 16.78% 14.83%
Nifty 500 TRI 2.46% 12.12% 12.47% 15.58% 13.51%
SIP (XIRR) Regular 5.42% 5.98% 10.56% 13.97% 13.43%
Direct 6.62% 7.23% 11.93% 15.44% 14.84%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.35 0.17 0.39 -1.09% 0.06
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
15.29% -23.07% -19.19% 0.93 11.86%
Fund AUM As on: 30/12/2025 6452 Cr
Top ELSS (Tax Saving) Fund
Fund Name Rank Rating
Motilal Oswal ELSS Tax Saver Fund 1
quant Elss Tax Saver Fund 2
SBI ELSS Tax Saver Fund 3
Baroda BNP Paribas ELSS Tax Saver Fund 4
HSBC Elss Tax Saver Fund 5
Whiteoak Capital Elss Tax Saver Fund 6
JM ELSS Tax Saver Fund 7
Nippon India ELSS Tax Saver Fund 8

NAV Date: 29-07-2026

Scheme Name NAV Rupee Change Percent Change
Kotak ELSS Tax Saver Fund-Payout of Income Distribution cum capital withdrawal option 43.72
0.3300
0.7600%
Kotak ELSS Tax Saver Fund-Payout of Income Distribution cum capital withdrawal option - Direct 57.99
0.4400
0.7600%
Kotak ELSS Tax Saver Fund-Growth 116.81
0.8800
0.7600%
Kotak ELSS Tax Saver Fund-Growth - Direct 138.44
1.0500
0.7600%

Review Date: 29-07-2026

Beginning of Analysis

In the ELSS (Tax Saving) Fund category, Kotak ELSS Tax Saver Fund is the 26th ranked fund. The category has total 35 funds. The 2 star rating shows a poor past performance of the Kotak ELSS Tax Saver Fund in ELSS (Tax Saving) Fund. The fund has a Jensen Alpha of -1.09% which is lower than the category average of -0.29%, reflecting poor performance. The fund has a Sharpe Ratio of 0.35 which is lower than the category average of 0.38.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
ELSS (Tax Saving) Mutual Funds are ideal for taxpayers seeking to save taxes under Section 80C while aiming for long-term wealth creation through equity investments. These funds offer a tax deduction of up to ₹1.5 lakh per financial year and have the shortest lock-in period of 3 years among all Section 80C options. However, being equity-oriented, they are subject to market risks and do not offer guaranteed returns. Investors should have a long-term investment horizon and a moderate to high risk tolerance to invest in ELSS funds. Additionally, the tax implications of long-term capital gains should be considered.

Kotak ELSS Tax Saver Fund Return Analysis

The Kotak ELSS Tax Saver Fund has delivered a mixed performance across various time horizons, showcasing both strengths and challenges when compared to its ELSS (Tax Saving) Fund peers and the Nifty 500 TRI benchmark. This analysis examines the fund’s returns over periods ranging from one month to ten years, alongside its Systematic Investment Plan (SIP) performance, highlighting its rankings within the ELSS (Tax Saving) Fund category and its ability to outperform or underperform the benchmark and category averages.

  • The fund has given a return of 2.44%, 3.66 and 2.22 in last one, three and six months respectively. In the same period the category average return was 1.67%, 3.04% and 2.47% respectively.
  • Kotak ELSS Tax Saver Fund has given a return of 2.56% in last one year. In the same period the Nifty 500 TRI return was 2.46%. The fund has given 0.1% more return than the benchmark return.
  • The fund has given a return of 12.15% in last three years and rank 22nd out of thirty nine funds in the category. In the same period the Nifty 500 TRI return was 12.12%. The fund has given 0.03% more return than the benchmark return.
  • Kotak ELSS Tax Saver Fund has given a return of 13.44% in last five years and category average returns is 12.86% in same period. The fund ranked 12th out of thirty one funds in the category. In the same period the Nifty 500 TRI return was 12.47%. The fund has given 0.97% more return than the benchmark return.
  • The fund has given a return of 14.83% in last ten years and ranked 9th out of twenty six funds in the category. In the same period the Nifty 500 TRI return was 13.51%. The fund has given 1.32% more return than the benchmark return.
  • The fund has given a SIP return of 6.62% in last one year whereas category average SIP return is 5.43%. The fund one year return rank in the category is 15th in 41 funds
  • The fund has SIP return of 7.23% in last three years and ranks 19th in 39 funds. Motilal Oswal ELSS Tax Saver Fund has given the highest SIP return (14.03%) in the category in last three years.
  • The fund has SIP return of 11.93% in last five years whereas category average SIP return is 11.94%.

Kotak ELSS Tax Saver Fund Risk Analysis

  • The fund has a standard deviation of 15.29 and semi deviation of 11.86. The category average standard deviation is 15.39 and semi deviation is 11.37.
  • The fund has a Value at Risk (VaR) of -23.07 and a maximum drawdown of -19.19. The category average VaR is -22.63 and the maximum drawdown is -18.27. The fund has a beta of 0.9 which shows that fund is less volatile than the benchmark.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.


  • Very Good Performance in ELSS (Tax Saving) Fund Category
  • Good Performance in ELSS (Tax Saving) Fund Category
  • Poor Performance in ELSS (Tax Saving) Fund Category
  • Very Poor Performance in ELSS (Tax Saving) Fund Category

    • Investors beware: Mutual Fund investments are subject to market risks. Please read the scheme related documents carefully.

    Data Source: www.amfiindia.com

    SEBI Categorization


    KPIs* Fund Nifty 500 TRI Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 2.35 1.69
    1.57
    		-0.82 | 3.59 10 | 40 Very Good
    3M Return % 3.37 2.58
    2.76
    		-1.40 | 8.09 13 | 40 Good
    6M Return % 1.64 1.53
    1.90
    		-4.41 | 14.54 22 | 40 Average
    1Y Return % 1.40 2.46
    0.74
    		-6.79 | 12.24 17 | 40 Good
    3Y Return % 10.85 12.12
    11.50
    		3.36 | 20.21 22 | 39 Average
    5Y Return % 12.05 12.47
    11.64
    		7.35 | 16.41 12 | 31 Good
    7Y Return % 15.33 15.58
    15.12
    		10.75 | 24.17 13 | 30 Good
    10Y Return % 13.39 13.51
    13.08
    		9.99 | 18.98 10 | 25 Good
    15Y Return % 13.26 12.96
    13.39
    		11.36 | 15.69 11 | 19 Average
    1Y SIP Return % 5.42
    4.25
    		-5.62 | 19.38 13 | 40 Good
    3Y SIP Return % 5.98
    6.07
    		-1.57 | 12.67 21 | 39 Average
    5Y SIP Return % 10.56
    10.71
    		6.15 | 17.62 14 | 31 Good
    7Y SIP Return % 13.97
    13.85
    		8.83 | 20.96 14 | 30 Good
    10Y SIP Return % 13.43
    13.37
    		9.86 | 19.94 11 | 25 Good
    15Y SIP Return % 14.04
    13.84
    		11.15 | 19.46 8 | 20 Good
    Standard Deviation 15.29
    15.39
    		11.39 | 21.29 23 | 39 Average
    Semi Deviation 11.86
    11.37
    		8.48 | 15.53 30 | 39 Average
    Max Drawdown % -19.19
    -18.27
    		-28.24 | -14.41 29 | 39 Average
    VaR 1 Y % -23.07
    -22.63
    		-38.55 | -15.29 27 | 39 Average
    Average Drawdown % 5.77
    8.11
    		4.32 | 11.51 37 | 39 Poor
    Sharpe Ratio 0.35
    0.38
    		-0.05 | 0.72 25 | 39 Average
    Sterling Ratio 0.39
    0.43
    		0.12 | 0.68 28 | 39 Average
    Sortino Ratio 0.17
    0.19
    		0.02 | 0.36 26 | 39 Average
    Jensen Alpha % -1.09
    -0.29
    		-8.12 | 6.11 25 | 38 Average
    Treynor Ratio 0.06
    0.07
    		-0.01 | 0.12 24 | 38 Average
    Modigliani Square Measure % 5.37
    6.01
    		-0.84 | 11.01 25 | 38 Average
    Alpha % -2.01
    -0.82
    		-8.52 | 6.66 25 | 38 Average
    Return data last Updated On : July 29, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : June 30, 2026
    KPIs: Key Performance Indicators

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    KPIs* Fund Nifty 500 TRI Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 2.44 1.69 1.67 -0.72 | 3.75 10 | 41 Very Good
    3M Return % 3.66 2.58 3.04 -1.27 | 8.45 14 | 41 Good
    6M Return % 2.22 1.53 2.47 -4.03 | 15.11 23 | 41 Average
    1Y Return % 2.56 2.46 1.91 -5.76 | 13.38 18 | 41 Good
    3Y Return % 12.15 12.12 12.70 4.82 | 21.64 22 | 39 Average
    5Y Return % 13.44 12.47 12.86 8.17 | 17.75 12 | 31 Good
    7Y Return % 16.78 15.58 16.37 12.28 | 26.01 11 | 30 Good
    10Y Return % 14.83 13.51 14.12 10.56 | 20.34 9 | 26 Good
    1Y SIP Return % 6.62 5.43 -4.57 | 20.56 15 | 41 Good
    3Y SIP Return % 7.23 7.23 -0.19 | 14.03 19 | 39 Good
    5Y SIP Return % 11.93 11.94 7.72 | 19.05 13 | 31 Good
    7Y SIP Return % 15.44 15.13 10.76 | 22.70 14 | 30 Good
    10Y SIP Return % 14.84 14.42 10.54 | 21.53 10 | 26 Good
    Standard Deviation 15.29 15.39 11.39 | 21.29 23 | 39 Average
    Semi Deviation 11.86 11.37 8.48 | 15.53 30 | 39 Average
    Max Drawdown % -19.19 -18.27 -28.24 | -14.41 29 | 39 Average
    VaR 1 Y % -23.07 -22.63 -38.55 | -15.29 27 | 39 Average
    Average Drawdown % 5.77 8.11 4.32 | 11.51 37 | 39 Poor
    Sharpe Ratio 0.35 0.38 -0.05 | 0.72 25 | 39 Average
    Sterling Ratio 0.39 0.43 0.12 | 0.68 28 | 39 Average
    Sortino Ratio 0.17 0.19 0.02 | 0.36 26 | 39 Average
    Jensen Alpha % -1.09 -0.29 -8.12 | 6.11 25 | 38 Average
    Treynor Ratio 0.06 0.07 -0.01 | 0.12 24 | 38 Average
    Modigliani Square Measure % 5.37 6.01 -0.84 | 11.01 25 | 38 Average
    Alpha % -2.01 -0.82 -8.52 | 6.66 25 | 38 Average
    Return data last Updated On : July 29, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : June 30, 2026
    KPIs: Key Performance Indicators

    Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.


    Date Kotak Elss Tax Saver Fund NAV Regular Growth Kotak Elss Tax Saver Fund NAV Direct Growth
    29-07-2026 116.808 138.439
    28-07-2026 115.929 137.392
    27-07-2026 116.096 137.586
    24-07-2026 115.02 136.298
    23-07-2026 115.512 136.878
    22-07-2026 116.505 138.05
    21-07-2026 117.306 138.995
    20-07-2026 117.231 138.902
    17-07-2026 117.202 138.855
    16-07-2026 116.702 138.258
    15-07-2026 116.538 138.06
    14-07-2026 115.739 137.108
    13-07-2026 116.53 138.042
    10-07-2026 116.593 138.104
    09-07-2026 115.551 136.865
    08-07-2026 114.493 135.608
    07-07-2026 116.906 138.462
    06-07-2026 117.048 138.625
    03-07-2026 116.16 137.561
    02-07-2026 115.944 137.301
    01-07-2026 114.976 136.151
    30-06-2026 114.318 135.367
    29-06-2026 114.129 135.139

    Fund Launch Date: 29/Sep/2005
    Fund Category: ELSS (Tax Saving) Fund
    Investment Objective: The investment objective of the scheme isto generate long-term capital appreciationfrom a diversified portfolio of equity andequity related securities and enableinvestors to avail the income tax rebate, aspermitted from time to time however, thereis no assurance that the objective of thescheme will be realized
    Fund Description: An open-ended equity linked saving scheme with a statutory lock in of 3 years and tax benefits
    Fund Benchmark: Nifty 500 Total Return Index
    Source: Fund FactSheet

    Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.