Can I invest in SIP and Lumpsum in Kotak ELSS Tax Saver Fund - Direct (IDCW) Direct Growth?

Yes, you can invest both lumpsum and SIP in Kotak ELSS Tax Saver Fund - Direct (IDCW). Minimum lumpsum investment Kotak ELSS Tax Saver Fund - Direct (IDCW) is ₹500 and minimum SIP amount is ₹500 . Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.

What is the NAV of Kotak ELSS Tax Saver Fund - Direct (IDCW) Direct Growth?

The latest NAV ( Net Asset Value ) of Kotak ELSS Tax Saver Fund - Direct (IDCW) is Kotak ELSS Tax Saver Fund - Direct (IDCW) is ₹53.00 as on 2025-04-17.

Which are the biggest stock holdings of Kotak ELSS Tax Saver Fund - Direct (IDCW)?

The 5 biggest stock holdings of Kotak ELSS Tax Saver Fund - Direct (IDCW) are: HDFC Bank (9.36%), ICICI Bank (5.98%), Infosys (4.82%), St Bk of India (3.55%), Axis Bank (3.29%)

What are the top sectors Kotak ELSS Tax Saver Fund - Direct (IDCW) invests in?

A majority of Kotak ELSS Tax Saver Fund - Direct (IDCW) 's AUM worth ₹5,862.55 (Cr) is invested in these 3 top sectors: Banks : 20.71% IT-Software : 13.69% Construction : 6.30%

Mutual Funds
AMC
Kotak ELSS Tax Saver Fund - Direct (IDCW)

Kotak ELSS Tax Saver Fund - Direct (IDCW)

ELSS

Invest Now

NAV
53.00(1.27%)
Fund Size (CR)
₹5,862.55
Expense Ratio
0.71
Scheme Type
Active Fund
Value Research

Min. investment
₹500
Minimum Additional Investment
₹500
Minimum SIP Investment
₹500
Minimum Withdrawal
₹500
Exit Load
1% of applicable Net Asset Value - If the amount sought to be redeemed or switch out is invested for a period of up to 3 months from the date of allotment Nil - If the amount, sought to be redeemed or switch out is invested for a period of more than 3 months from the date of allotment
0%
Return Since Launch
15.73%

Absolute Return: -1.13%

Annualized Return: 0%

Basic Details

Scheme Manager

Harsha Upadhyaya

Bench Mark

Nifty 500 TRI

Type

OPEN

Lumpsum Returns

Period Invested For	₹10,000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	9 April 2025	10491.98	4.92%	-	5.25%	129/221
1 Month	13 March 2025	10644.56	6.45%	-	6.14%	76/221
3 Month	16 January 2025	9713.79	-2.86%	-	-3.35%	117/217
6 Month	16 October 2024	8958.54	-10.41%	-	-11.01%	118/217
1 Year	16 April 2024	10474.97	4.75%	4.75%	6.12%	142/217
3 Year	13 April 2022	15133.32	51.33%	14.75%	14.64%	95/207
5 Year	16 April 2020	31075.51	210.76%	25.44%	25.90%	99/207
Since Inception	1 January 2013	60274.11	502.74%	15.73%	15.01%	87/221

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For	₹10,000 Invested on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	2 May 2024	1,20,000	165777.44	38.15%	38.15%
3 Year	2 May 2022	3,60,000	644857.73	79.13%	21.45%
5 Year	4 May 2020	6,00,000	1341627.90	123.60%	17.46%
10 Year	4 May 2015	12,00,000	3528914.15	194.08%	11.39%

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

Investment type
Scheme based

SIP
Lumpsum

Monthly Investment (₹)

Expected Returns Rate (%)

Time Period (in Years)

Start your SIP now

Invested Amount
₹25,000
Estimated Returns
₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

4.10%

Standard Deviation

0.92%

Beta

0.64%

Sharpe Ratio

0.01%

Treynor's Ratio

1.74%

Jension's Alpha

Asset Allocation

Sector Allocation

Top 10 stock holding in portfolio

Stock Invested in	% of Total Holdings	Quantity	Value (Cr)	Asset Type	Segment
HDFC Bank	9.36%	3000000	548.46	Equity	Banks
ICICI Bank	5.98%	2599780	350.54	Equity	Banks
Infosys	4.82%	1800000	282.72	Equity	IT - Software
St Bk of India	3.55%	2700000	208.31	Equity	Banks
Axis Bank	3.29%	1750000	192.85	Equity	Banks
Larsen & Toubro	3.28%	550000	192.08	Equity	Infrastructure Developers & Operators
Tech Mahindra	3.27%	1350000	191.46	Equity	IT - Software
Bharti Airtel	3.07%	1039286	180.15	Equity	Telecomm-Service
NTPC	3.05%	5000000	178.80	Equity	Power Generation & Distribution
H P C L	2.30%	3750000	135.13	Equity	Refineries

Peer Comparison

Scheme Name	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Kotak ELSS Tax Saver Fund - Direct (IDCW)	5862.55	6.45%	-2.86%	-10.41%	4.75%	14.75%
SBI Long Term Advantage Fund-Series V -Dir (IDCW)	342.25	11.63%	2.97%	0.21%	34.34%	19.58%
SBI Long Term Advantage Fund - Series V -Dir (G)	342.25	11.63%	2.97%	0.21%	34.33%	19.58%
LIC MF ELSS Tax Saver - Direct (G)	1088.39	5.16%	-1.78%	-6.77%	16.00%	15.08%
LIC MF ELSS Tax Saver - Direct (IDCW)	1088.39	5.16%	-1.78%	-6.78%	15.98%	14.92%
DSP ELSS Tax Saver Fund - Direct (G)	16217.91	6.61%	1.03%	-6.53%	15.68%	18.28%

List of Schemes under Kotak Mahindra Mutual Fund

Fund Name	Category	Risk	1Y Returns	Ratings	Fund Size (Cr)
Kotak Multicap Fund	Equity	Very High	7.56%	4	₹15,870.96
Kotak Bluechip Fund	Equity	Very High	9.34%	4	₹9,424.03
Kotak Equity Opportunities Fund	Equity	Very High	6.51%	4	₹24,912.67
Kotak Emerging Equity Fund	Equity	Very High	12.03%	4	₹48,128.71
Kotak Small Cap Fund	Equity	Very High	5.87%	2	₹15,706.46
Kotak India EQ Contra Fund	Equity	Very High	7.27%	4	₹3,934.53
Kotak Focused Equity Fund	Equity	Very High	7.96%	3	₹3,335.47
Kotak Infrastructure & Economic Reform-SP	Equity	Very High	-0.38%	4	₹2,132.65
Kotak Pioneer Fund	Equity	Very High	8.21%	0	₹2,554.35
Kotak ESG Exclusionary Strategy Fund	Equity	Very High	7.22%	0	₹847.62
Kotak Manufacture in India Fund	Equity	Very High	5.55%	0	₹2,266.05
Kotak Business Cycle Fund	Equity	Very High	12.65%	0	₹2,492.96
Kotak Banking & Financial Services Fund	Equity	Very High	17.22%	0	₹1,119.78
Kotak Quant Fund	Equity	Very High	2.41%	0	₹672.36
Kotak Consumption Fund	Equity	Very High	17.55%	0	₹1,171.54
Kotak Healthcare Fund	Equity	Very High	15.29%	0	₹411.54
Kotak Technology Fund	Equity	Very High	10.07%	0	₹537.81
Kotak Special Opportunites Fund	Equity	Very High	0%	0	₹1,928.41
Kotak MNC Fund	Equity	Very High	0%	0	₹2,092.67
Kotak Transportation & Logistics Fund	Equity	Very High	0%	0	₹359.76
Kotak Energy Opportunities Fund	Equity	Very High	0%	0	₹0.00
Kotak ELSS Tax Saver Fund	Equity	Very High	4.75%	3	₹5,862.55
Kotak Overnight Fund	Debt	Low	6.62%	4	₹3,498.64
Kotak Liquid	Debt	Moderate	7.37%	3	₹31,250.86
Kotak Savings Fund	Debt	Moderate	7.78%	3	₹11,872.80
Kotak Low Duration Fund - Standard Plan	Debt	Moderate	8.49%	1	₹11,266.23
Kotak Money Market Scheme	Debt	Moderate	8.02%	4	₹25,007.90
Kotak Bond - Short Term Fund	Debt	Moderate	9.86%	3	₹16,681.43
Kotak Medium Term Fund	Debt	Moderate	10.6%	4	₹1,765.97
Kotak Bond Fund	Debt	Moderately Low	11.02%	3	₹2,031.27
Kotak Long Duration Fund	Debt	Moderate	12.48%	0	₹151.42
Kotak Dynamic Bond Fund	Debt	Moderate	11.51%	3	₹2,825.57
Kotak Corporate Bond Fund	Debt	Moderately Low	9.91%	4	₹14,638.79
Kotak Credit Risk Fund	Debt	High	8.44%	1	₹709.36
Kotak Banking and PSU Debt Fund	Debt	Moderate	9.69%	3	₹6,011.31
Kotak Gilt-Invest Plan	Debt	Moderately Low	11.94%	3	₹3,934.15
Kotak Gilt-Invest Plan	Debt	Moderately Low	11.96%	3	₹3,934.15
Kotak Floating Rate Fund	Debt	Moderately Low	9.49%	2	₹3,218.09
Kotak Debt Hybrid	Hybrid	Moderately High	11%	4	₹3,017.08
Kotak Equity Hybrid	Hybrid	Very High	11.17%	4	₹6,795.01
Kotak Balanced Advantage Fund	Hybrid	Very High	10.13%	3	₹16,542.18
Kotak Multi Asset Allocation Fund - Reg	Hybrid	Very High	8.01%	0	₹7,642.88
Kotak Equity Arbitrage Fund	Hybrid	Low	8.02%	4	₹60,373.17
Kotak Equity Savings Fund	Hybrid	Moderately High	8.31%	5	₹8,043.30
Kotak Nifty Next 50 Index Fund	Other	Very High	3.3%	3	₹559.71
Kotak Nifty 50 Index Fund	Other	Very High	6.64%	2	₹808.02
Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund	Other	Moderate	9.1%	0	₹7,713.74
Kotak Nifty SDL Apr 2032 Top 12 Equal Weight Index Fund	Other	Moderate	11.48%	0	₹2,942.58
Kotak Nifty SDL Plus AAA PSU Bond Jul 2028 60:40 Index Fund	Other	Moderate	9.73%	0	₹567.09
Kotak Nifty SDL Plus AAA PSU Bond Jul 2033 60:40 Index Fund	Other	Moderate	0%	0	₹0.00
Kotak Nifty SDL Jul 2026 Index Fund	Other	Moderately Low	8.33%	0	₹105.85
Kotak Nifty SDL Jul 2033 Index Fund	Other	Moderate	11.89%	0	₹230.22
Kotak Nifty Smallcap 50 Index Fund	Other	Very High	3.62%	0	₹111.43
Kotak Nifty 200 Momentum 30 Index Fund	Other	Very High	-9.97%	0	₹350.73
Kotak Nifty Financial Services Ex-Bank Index Fund	Other	Very High	18.1%	0	₹43.56
Kotak BSE Housing Index Fund	Other	Very High	3.57%	0	₹16.01
Kotak Nifty G-Sec July 2033 Index Fund	Other	Moderate	11.96%	0	₹19.60
Kotak Nifty AAA Bond Jun 2025 HTM Index Fund	Other	Moderately Low	7.72%	0	₹322.04
Kotak Nifty 100 Low Volatility 30 Index Fund	Other	Very High	0%	0	₹102.33
Kotak BSE PSU Index Fund	Other	Very High	0%	0	₹73.16
Kotak NIFTY Midcap 50 Index Fund	Other	Very High	0%	0	₹48.74
Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund	Other	Moderate	0%	0	₹412.09
Kotak Nifty India Tourism Index Fund	Other	Very High	0%	0	₹26.62
Kotak NIFTY Midcap 150 Momentum 50 Index Fund	Other	Very High	0%	0	₹95.85
Kotak Nifty 100 Equal Weight Index Fund	Other	Very High	0%	0	₹9.10
Kotak Nifty 50 Equal Weight Index Fund	Other	Very High	0%	0	₹11.32
Kotak Nifty SmallCap 250 Index Fund	Other	Very High	0%	0	₹20.54
Kotak BSE Sensex Index Fund	Other	Very High	0%	0	₹8.60
Kotak CRISIL-IBX AAA Bond Financial Services Index-Dec 2026 Fund	Other	Moderate	0%	0	₹62.38
Kotak Nifty Commodities Index Fund	Other	Very High	0%	0	₹4.82
Kotak CRISIL-IBX Financial Services 3-6 Months Debt Index Fund	Other	Moderately Low	0%	0	₹634.93
Kotak Nifty Midcap 150 Index Fund	Other	Very High	0%	0	₹7.20
Kotak Nifty Top 10 Equal Weight Index Fund	Other	Very High	0%	0	₹0.00
Kotak Global Emerging Market Fund	Other	Very High	3.25%	0	₹87.85
Kotak International REIT FOF	Other	Very High	7.36%	0	₹42.40
Kotak NASDAQ 100 Fund of Fund	Other	Very High	7.39%	0	₹2,924.58
Kotak Global Innovation Fund of Fund	Other	Very High	2.93%	0	₹479.91
Kotak Gold Fund	Other	High	27.75%	2	₹2,834.90
Kotak Multi Asset Allocator FoF - Dynamic	Other	High	9.49%	4	₹1,651.60
Kotak Income Plus Arbitrage FOF	Other	Moderately High	10.98%	0	₹775.78
Kotak Silver ETF Fund of Fund	Other	Very High	15.22%	0	₹83.04
Kotak Yearly Interval Plan - Sr.1 - Reg	Debt	Moderately Low	0%	0	₹0.00
Kotak FMP - Series 292 - 1735 Days	Debt	Moderately Low	8.33%	0	₹452.72
Kotak FMP - Series 300 - 1223 Days	Debt	Moderate	8.19%	0	₹245.94
Kotak FMP - Series 304 - 3119 Days	Debt	Moderate	13.06%	0	₹113.28
Kotak FMP - Series 305 - 1200 Days	Debt	Moderately Low	8.03%	0	₹34.36
Kotak FMP - Series 308 - 1125 Days	Debt	Very High	9.12%	0	₹95.91
Kotak FMP - Series 310 - 1131 Days	Debt	Moderate	8.2%	0	₹127.94
Kotak FMP - Series 312 - 90 Days	Debt	Moderately Low	0%	0	₹0.00
Kotak FMP - Series 313 - 180 Days	Debt	Moderate	0%	0	₹0.00
Kotak FMP - Series 330 - 98 Days	Debt	Low	0%	0	₹0.00
Kotak Flexi Cap Fund	Equity	Very High	7.95%	3	₹49,130.00

News

Kotak MF unveils Rs 250 'Choti SIP' for new investors
Kotak Mahindra Mutual Fund has launched its Choti SIP facility, a new initiative designed to make mutual fund investments more accessible to first-time investors. This move follows recent regulatory changes by the Securities and Exchange Board of India (SEBI) and the Association of Mutual Funds in India (AMFI) to encourage smaller investment plans.
The Choti SIP will be available across all eligible schemes of Kotak Mahindra Mutual Fund, allowing new investors to begin their investment journey with a minimum monthly contribution of just Rs 250.
To be eligible, investors must be entirely new to mutual fund investing (across all fund houses) and must opt for the growth option with a commitment to at least 60 monthly installments. Payments must be made through NACH or UPI auto-pay.
Aditya Birla Sun Life Mutual Fund and SBI Mutual Fund are also among those who have recently launched 'Choti SIPs'.
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Kotak Equity Arbitrage Fund announces Income Distribution cum capital withdrawal (IDCW)
Kotak Mahindra Mutual Fund has announced 24 March 2025 as the record date for declaration of Income Distribution cum capital withdrawal (IDCW) under the monthly IDCW option of Kotak Equity Arbitrage Fund. The amount of IDCW on the face value of Rs 10 per unit will be:
Regular Plan ' Monthly IDCW Option: Rs 0.0396
Direct Plan ' Monthly IDCW Option: Rs 0.0465
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Kotak Mahindra Fund announces Extension of NFO period
Kotak Mahindra Mutual Fund has announced that New Fund Offer (NFO) Period of the Scheme has been modified as follows:
Kotak CRISIL-IBX AAA Bond Financial Services Index ' Dec 2026 Fund

Particulars Existing Date Revised date

NFO Closing February 10, 2025 February 13, 2025
Re-opening on or before February 17, 2025 February 21, 2025

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Particulars	Existing Date	Revised date
NFO Closing	February 10, 2025	February 13, 2025
Re-opening on or before	February 17, 2025	February 21, 2025

Fund House Details & Investment Objective

Date of Incorporation

1 January 2013

Total AUM (Cr)

₹5862.55

Kotak ELSS Tax Saver Fund - Direct (IDCW) is an ELSS-oriented fund from the renowned AMC, Kotak Mahindra Mutual Fund. Launched in 1 January 2013, this fund is managed by Harsha Upadhyaya. With assets under management (AUM) worth ₹5,862.55 (Cr), as of 17 April 2025, Kotak ELSS Tax Saver Fund - Direct (IDCW) is categorized as a ELSS within its segment. The fund has generated a return of 15.73% since its launch.
The current NAV of Kotak ELSS Tax Saver Fund - Direct (IDCW) is ₹53, as on 17 April 2025. The fund's benchmark index is Nifty 500 TRI. You can invest in Kotak ELSS Tax Saver Fund - Direct (IDCW) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹500 while the minimum lumpsum investment is ₹500.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
Nil The fund has generated 14.75% and 25.44% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 97.35% in Equity, 2.78% in Debt and -0.13% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 20.71% in Banks, 13.69% in IT-Software, 6.30% in Construction, 5.79% in Petroleum Products, 4.74% in Capital Markets

FAQs

How to Invest in Kotak ELSS Tax Saver Fund - Direct (IDCW) Direct Growth?

Kotak ELSS Tax Saver Fund - Direct (IDCW) is a popular fund in the ELSS segment. The fund has generated a return of 15.73% since inception. Looking to invest in Kotak ELSS Tax Saver Fund - Direct (IDCW) How about earning 1% extra return? All this is possible with m.Stock! Investing in Kotak ELSS Tax Saver Fund - Direct (IDCW) is super easy and convenient with m.Stock. Here’s how you can begin:

Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage on Mutual Funds, Delivery & IPO.
In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
In the search bar, enter the fund name, in this case, Kotak ELSS Tax Saver Fund - Direct (IDCW)
On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
If you choose to invest a Lumpsum: Use the Lumpsum Calculator to estimate returns, then enter the investment amount, select the payment mode mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
If you choose the SIP route: Utilize the SIP Calculator to forecast potential growth, then enter the SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in Kotak ELSS Tax Saver Fund - Direct (IDCW) today and reap the benefits of this ELSS fund!

How much returns has Kotak ELSS Tax Saver Fund - Direct (IDCW) Direct Growth generated?

In the short term, i.e., 1 year, Kotak ELSS Tax Saver Fund - Direct (IDCW) has generated annualised return of 4.75%. In the long-term, the fund has generated 14.75% and 25.44% in 3 and 5 years respectively. Since its inception, the fund has generated 15.73% returns.

What is the expense ratio of Kotak ELSS Tax Saver Fund - Direct (IDCW) Direct Growth?

The expense ratio of Kotak ELSS Tax Saver Fund - Direct (IDCW) Direct Growth is 0.71%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

What is the AUM of Kotak ELSS Tax Saver Fund - Direct (IDCW) Fund Direct Growth?

The Assets Under Management (AUM) of Kotak ELSS Tax Saver Fund - Direct (IDCW) is ₹5,862.55 (Cr) as of 2025-04-17 AUM shows the fund’s popularity and is often indicative of fund strength.

How to redeem or withdraw money from Kotak ELSS Tax Saver Fund - Direct (IDCW) Direct Growth?

Redeeming or selling units of Kotak ELSS Tax Saver Fund - Direct (IDCW) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.

To redeem from Kotak ELSS Tax Saver Fund - Direct (IDCW):

Login to your m.Stock account
In portfolio, your mutual fund investments will be visible under ‘MF’
Select the fund you wish to redeem from (in this case Kotak ELSS Tax Saver Fund - Direct (IDCW)).
Click on ‘Redeem’ button
You have 2 options – redeem by units and redeem by value (you can only redeem free units)
Select units to be redeemed and click on submit.
Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).