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 | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Regular Growth | ₹109.7140 | -0.55% | -6.09% | -6.55% | -2.24% | +12.21% | +13.12% |
Portfolio Metrics(latest month)
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.