Kotak ELSS Tax Saver Fund
Kotak ELSS maintains a distinctly defensive posture with nearly a quarter of assets anchored in banking majors, betting on financial sector stability and dividend resilience in a tax-conscious framework. The manager's modest pruning of Infosys while adding growth-oriented micro caps like Groww signals a tactical recalibration toward capturing India's consumption recovery while preserving the core blue-chip foundation. This balanced approach suits long-term tax-saving mandates, blending safety through large-cap concentration with measured exposure to emerging opportunities.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Regular Growth | ₹110.6460 | -1.42% | -2.98% | +12.46% | +13.31% |
Portfolio Metrics(latest month)
vs Category Peers
Active Stock PickerActive Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.
Similar Funds in Category
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| BILLIONBRAINS GARAGE VENTURES LIMITED (GROWW) | 1.06% |
| MIDWEST LTD | 0.76% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | HDFC BANK LTD. INE040A01034 | 7.58% |
| 2 | STATE BANK OF INDIA. INE062A01020 | 5.51% |
| 3 | ICICI BANK LTD. INE090A01021 | 4.75% |
| 4 | BHARTI AIRTEL LTD. INE397D01024 | 3.75% |
| 5 | NTPC LTD INE733E01010 | 3.27% |
| 6 | Tech Mahindra Ltd. INE669C01036 | 2.89% |
| 7 | Britannia Industries Ltd. INE216A01030 | 2.67% |
| 8 | Larsen and Toubro Ltd. INE018A01030 | 2.63% |
| 9 | Hero MotoCorp Ltd. INE158A01026 | 2.50% |
| 10 | ETERNAL LIMITED INE758T01015 | 2.42% |
| 11 | BAJAJ FINANCE LTD. INE296A01032 | 2.41% |
| 12 | Linde India Ltd. INE473A01011 | 2.40% |
| 13 | HINDUSTAN PETROLEUM CORPORATION LTD. INE094A01015 | 2.30% |
| 14 | SUN PHARMACEUTICAL INDUSTRIES LTD. INE044A01036 | 2.22% |
| 15 | AXIS BANK LTD. INE238A01034 | 2.07% |
| 16 | Bosch Limited INE323A01026 | 2.06% |
| 17 | Jindal Steel & Power Ltd INE749A01030 | 2.00% |
| 18 | BHARAT PETROLEUM CORPORATION LTD. INE029A01011 | 1.97% |
| 19 | RELIANCE INDUSTRIES LTD. INE002A01018 | 1.92% |
| 20 | Ultratech Cement Ltd. INE481G01011 | 1.80% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Kotak ELSS Tax Saver Fund hold?
Kotak ELSS Tax Saver Fund holds 55 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 24.86% of NAV.
What is the largest holding in Kotak ELSS Tax Saver Fund?
The largest position in Kotak ELSS Tax Saver Fund is HDFC BANK LTD., accounting for 7.58% of NAV in the Banks sector.
Is Kotak ELSS Tax Saver Fund a concentrated or diversified fund?
With a Gini coefficient of 0.343, Kotak ELSS Tax Saver Fund is well-diversified. The HHI concentration index is 26,431 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 24.86% of the portfolio.
What is the market cap allocation of Kotak ELSS Tax Saver Fund?
Based on SEBI's AMFI classification, Kotak ELSS Tax Saver Fund's equity portfolio is split as: Large Cap: 65.46%, Mid Cap: 21.66%, Small Cap: 9.49%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Kotak ELSS Tax Saver Fund invest in most?
Kotak ELSS Tax Saver Fund has the highest allocation to Banks (24.31%), Finance (6.74%), Petroleum Products (6.19%). The fund is invested across 26 sectors in total.
How actively managed is Kotak ELSS Tax Saver Fund compared to other ELSS - Tax Saver Fund funds?
Kotak ELSS Tax Saver Fund has an Active Share of 59.61%, classifying it as "Active Stock Picker" among 37 ELSS - Tax Saver Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in Kotak ELSS Tax Saver Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Kotak ELSS Tax Saver Fund added 2 new stocks (including BILLIONBRAINS GARAGE VENTURES LIMITED (GROWW)) and exited 3 stocks (including Coromandel International Limited). Total holding count decreased from 58 to 57 stocks.