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Kotak Mahindra Mutual Fund

Kotak Equity Savings Fund

Kotak Mahindra Mutual Fund · Direct plan · Growth

3-year returns
10.1%
a year
NAV
₹30.63
▲ 0.58% · 18 Sept 2026
Fund size
₹10,684 Cr
Expense ratio
1.07%
a year
Minimum SIP
₹100

Figures are for the Direct plan. The Regular plan, bought through a distributor, is at ₹27.54 and has returned 8.95% a year over 3 years.

Returns, and where it stands

Against the average equity savings fund, and its place among them. Anything longer than a year is a yearly rate.

PeriodThis fundCategoryRank
1 year4.1%4%ahead11 of 23
3 years10.1%8.6%ahead3 of 20
5 years10.1%7.8%ahead1 of 17
10 years10%8.3%ahead1 of 9
Every period, and the Regular plan →
PeriodDirectRegular
1 month-0.4%-0.5%
3 months1.6%1.4%
6 months4.4%3.9%
1 year4.1%3%
2 yearsp.a.5%3.8%
3 yearsp.a.10.1%9%
5 yearsp.a.10.1%9%
7 yearsp.a.11.1%9.9%
10 yearsp.a.10%8.9%

Figures are for the Direct plan, and the rank compares it against the same plan of its peers, best first. Based on NAV history from Sept 2016.

Plan

NAV history

▲ 4.09% in the last 1Y

28.729.830.918 Sept 202520 Mar 202618 Sept 2026

Hover or tap the chart for the NAV on any date. Past NAVs are adjusted for unit splits.

If you had invested in this fund

Investment type
years
Total invested
₹1,80,000
Gain
₹21,011
XIRR (per year)
7.32%
Value today
₹2,01,011

36 monthly instalments from 22 Sept 2023, valued at the latest NAV. Past returns do not guarantee future returns.

What the ride has been like

Worked out from this fund's own NAV history, not a rating.

How bumpy
5.6% a year
1.1% more than the category average — the bumpier side
Worst fall so far
−16.5%
Feb 2020 to Mar 2020, against −14% for the category.
Years that made money
97.9%
Of every one-year stretch it has been through.
Over any three years
2.1% to 16.7%
A year, at worst and at best. Typically 10.8%.

Fund details

Minimum lumpsum
₹100
Minimum top-up
₹100
Lock-in
None
Plan started
13 Oct 2014
Portfolio turnover
0.30x
Expense ratio
1.07%
as of 31 Aug 2026

Managed by Abhishek Bisen, Devender Singhal, Hiten Shah

Direct plan figures, last checked on 20 Sept 2026. Exit load and the scheme's benchmark are in thescheme document.

How it compares

Kotak Equity Savings Fund against other funds in the Equity Savings Fund category
Fund1Y3Y5YExpenseFund size
HSBC Equity Savings Fund7.08%13.06%1.68%₹1,475 Cr
Edelweiss Equity Savings Fund7.72%11.24%9.59%1.16%₹1,660 Cr
Kotak Equity Savings Fund4.09%10.15%10.13%1.07%₹10,684 Cr
Mirae Asset Equity Savings Fund4.79%9.79%8.99%0.31%₹2,041 Cr
Axis Equity Savings Fund4.33%9.32%7.76%1.52%₹886 Cr
Baroda BNP Paribas Equity Savings Fund4.64%9.3%8.35%1.34%₹289 Cr
Mahindra Manulife Equity Savings Fund5.31%9.27%8.75%1.25%₹530 Cr

About Kotak Equity Savings Fund

Kotak Equity Savings Fund is a equity savings fund managed by Kotak Mahindra Mutual Fund. Combine equity, arbitrage and debt, with at least 65% in equity including arbitrage positions.

The investment objective of the scheme is to generate capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and derivatives segment of the equity market, and enhance returns with a moderate exposure in equity & equity related instruments.There is no assurance or guarantee that the investment objective of the scheme will be achieved.

The scheme's stated objective, as published by Kotak Mahindra Mutual Fund.

The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.

Tax on your gains

How gains are taxed depends on how much equity the scheme holds. At 65% equity or more it follows equity rules — 12.5% on long-term gains above ₹1.25 lakh; below that, gains are usually taxed at your slab rate. The scheme document states which applies.

Work out what you would owe with the capital gains tax calculator.

Every plan and option, with scheme codes
PlanOptionNAVScheme code
DirectGrowth₹30.6337131373
DirectMonthly Payout of Income Distribution cum capital withdrawal option₹21.9145131375
RegularGrowth₹27.5444131372
RegularMonthly Payout of Income Distribution cum capital withdrawal option₹20.167131374

Frequently asked questions

What is the NAV of Kotak Equity Savings Fund today?

The NAV of Kotak Equity Savings Fund (Direct plan, Growth) is ₹30.6337 and the Regular plan NAV is ₹27.5444, as of 18 Sept 2026.

What returns has Kotak Equity Savings Fund given?

Over the last year the Direct plan returned 4.09%, and 10.15% a year over 3 years and 10.13% a year over 5 years. That places it 3 of 20 funds in its category over 3 years. Past returns do not guarantee future returns.

What is the expense ratio of Kotak Equity Savings Fund?

The Direct plan charges 1.07% a year, as disclosed on 31 Aug 2026. The fee is already taken out of the NAV, so the returns above are what you keep.

What is the minimum SIP amount in Kotak Equity Savings Fund?

You can start a monthly SIP with ₹100, or invest a lump sum of ₹100 or more.

How much has Kotak Equity Savings Fund fallen in the past?

Its deepest fall was 16.5% from 19 Feb 2020 to 23 Mar 2020. Of every one-year stretch in its history, 98% ended in a gain.

Which category does Kotak Equity Savings Fund belong to?

It is a Equity Savings Fund from Kotak Mahindra Mutual Fund. Combine equity, arbitrage and debt, with at least 65% in equity including arbitrage positions.

What is the difference between the Direct and Regular plan?

Both invest in the same portfolio. The Direct plan is bought straight from the fund house or a direct platform and has a lower expense ratio because no distributor commission is paid, so its NAV grows slightly faster over time.

How are gains from Kotak Equity Savings Fund taxed?

How gains are taxed depends on how much equity the scheme holds. At 65% equity or more it follows equity rules — 12.5% on long-term gains above ₹1.25 lakh; below that, gains are usually taxed at your slab rate. The scheme document states which applies.

Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.