What stocks does Kotak ELSS Tax Saver Fund hold?

Kotak ELSS Tax Saver Fund holds a portfolio of Indian equity stocks disclosed monthly by Kotak Mutual Fund to AMFI. The complete current holdings with weights and month-over-month changes are available on this page. Data is sourced from official AMFI portfolio disclosures.

Which AMC manages Kotak ELSS Tax Saver Fund?

Kotak ELSS Tax Saver Fund is managed by Kotak Mutual Fund, a SEBI-registered Asset Management Company in India.

What category is Kotak ELSS Tax Saver Fund?

Kotak ELSS Tax Saver Fund is classified as a ELSS mutual fund under SEBI's mutual fund categorisation framework.

How often is Kotak ELSS Tax Saver Fund portfolio data updated?

Portfolio holdings for Kotak ELSS Tax Saver Fund are updated monthly. SEBI mandates all AMCs to disclose their complete portfolio within 10 days of each month end. RightAdvise sources this data directly from official AMFI portfolio disclosures.

← Kotak Mutual Fund

Kotak ELSS Tax Saver Fund-Growth - Direct

ELSS Data as of May 2026 Comparing Apr 2026 → May 2026

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Stocks Held

May 2026

Equity Holdings

₹5,945.62 Cr

Equity only, excl. debt & cash

Top 5 Weight

24.3%

Diversified

Top 10 Weight

37.4%

Diversified

Changes

1 new · 3 exits

Top Sector

Banks

23.9% of portfolio

📋 What Happened This Month Kotak ELSS Tax Saver Fund made 1 new addition and exited 3 stocks this month. The biggest new buy was Dixon Technologies (India) Limited (Consumer Durables) at 1.72% weight. Kaynes Technology India Limited was the biggest exit (Industrial Manufacturing), which was held at 0.99%. Among existing holdings, Lenskart Solutions Limited saw the biggest increase — now at 1.27% of the portfolio. State Bank of India was trimmed the most, now at 5.05%. HDFC Bank Limited remains the top holding with Banks the dominant sector at 23.9%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

How Has the NAV Performed?

1 year history · Kotak ELSS Tax Saver Fund-Growth - Direct

+3.06%

+10.06%

-0.89%

+0.67%

Latest NAV

₹136.34

24 Jun 2026

52W High

₹139.94

-3% from High

52W Low

₹115.50

+18% from Low

Calendar Year Returns

Jan 1 to Dec 31 each year. Simple point-to-point — not CAGR.

2025

+2.9%

2024

+23.3%

2023

+25.2%

2022

+8.4%

2021

+35.1%

2020

+16.4%

2019

+14.0%

2018

-2.7%

2017

+35.7%

Rolling Returns

Performance across every possible investment start date.

1Y Rolling Avg

18.1%

+ve in 87% windows

89.0% / -25.7%

3Y Rolling Avg

17.4% p.a.

+ve in 99% windows

36.1% / -3.5%

5Y Rolling Avg

18.7% p.a.

+ve in 100% windows

30.5% / 11.1%

Crisis Period Behaviour

"Pre-inception" = fund didn't exist during that period.

2024–25 Tariff

-19.6%

Rec: not yet

COVID-19 Crash

-36.2%

Rec: Nov 2020 (11 mo)

2022 Rate Hike

-16.8%

Rec: Sep 2022 (4 mo)

2018 IL&FS

-14.5%

Rec: Mar 2019 (7 mo)

Risk Ratios

3 years daily NAV · Risk-free rate 6.5% p.a. What do these mean? →

Sharpe Ratio (3Y)

0.61

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

0.84

Penalises downside volatility only.

Std Deviation (3Y)

14.2%

Lower = more consistent returns.

NAV Chart ₹136.34 24 Jun 2026

Simple Moving Avg: Click to draw · click again to remove

Kotak ELSS Tax Saver Fund-Growth - Direct

Chart shows indexed performance (base = 100). Actual NAV: ₹136.34

Sector Shift Industry allocation month-over-month

Mar 2026 → Apr 2026

Sector	Prev	Curr ▼	Delta
Banks	24.7%	24.3%	▼ -0.4%
Finance	5.9%	6.7%	▲ +0.8%
Petroleum Products	6.2%	6.2%	● 0.0%
Construction	5.1%	5.7%	▲ +0.6%
IT - Software	8.1%	5.5%	▼ -2.5%
Automobiles	5.6%	5.3%	▼ -0.4%
Power	4.7%	4.9%	▲ +0.1%
Chemicals & Petrochemicals	4.6%	4.7%	▲ +0.1%
Telecom - Services	4.9%	4.7%	▼ -0.2%
Pharmaceuticals & Biotechnology	4.6%	4.4%	▼ -0.2%

Apr 2026 → May 2026

Sector	Prev	Curr ▼	Delta
Banks	24.3%	23.9%	▼ -0.4%
Finance	6.7%	6.6%	▼ -0.2%
Petroleum Products	6.2%	6.2%	● +0.0%
Construction	5.7%	5.8%	▲ +0.1%
Automobiles	5.3%	5.2%	● -0.1%
Chemicals & Petrochemicals	4.7%	5.1%	▲ +0.4%
Power	4.9%	4.8%	● 0.0%
Telecom - Services	4.7%	4.7%	● +0.0%
IT - Software	5.5%	4.7%	▼ -0.9%
Pharmaceuticals & Biotechnology	4.4%	4.5%	● +0.1%

🟢

Biggest New Buy

Dixon Technologies (India) Limited

1.72% weight · Consumer Durables

🔴

Biggest Exit

Kaynes Technology India Limited

0.99% was held · Industrial Manufacturing

↑

Biggest Add

Lenskart Solutions Limited

+0.69% · now 1.27%

↓

Biggest Trim

State Bank of India

-0.46% · now 5.05%

🤝 Other funds also bought this month

Dixon Technologies (India) Limited 32 funds

👋 Other funds also exited

Infosys Limited 19 funds

Kaynes Technology India Limited 12 funds

ICICI Prudential Asset Management Company Limited 6 funds

What Changed in the Portfolio This Month?

Comparing Apr 2026 → May 2026

Apr 2026 → May 2026

🟢 1 New Entry 🔴 3 Exits ↑ 30 Increased ↓ 19 Decreased

#	Stock	Sector	Weight (May 2026)
1	Dixon Technologies (India) Limited ₹103.72 Cr	Consumer Durables	1.72%

#	Stock	Sector	Last Weight (Apr 2026)
1	Kaynes Technology India Limited ₹60.67 Cr	Industrial Manufacturing	0.99%
2	Infosys Limited ₹59.09 Cr	IT - Software	0.97%
3	ICICI Prudential Asset Management Company Limited ₹22.20 Cr	Capital Markets	0.36%

#	Stock	Sector	Apr 2026	May 2026	Change
1	Lenskart Solutions Limited ₹76.44 Cr	Retailing	0.58%	1.27%	+0.69%
2	DEE Development Engineers Ltd ₹100.88 Cr	Industrial Manufacturing	1.16%	1.68%	+0.52%
3	Park Medi World Limited ₹75.02 Cr	Healthcare Services	0.94%	1.25%	+0.31%
4	Solar Industries India Limited ₹109.48 Cr	Chemicals & Petrochemicals	1.52%	1.82%	+0.30%
5	Hindustan Petroleum Corporation Limited ₹147.69 Cr	Petroleum Products	2.30%	2.45%	+0.15%
6	Kalpataru Projects International Limited ₹114.19 Cr	Construction	1.79%	1.90%	+0.11%
7	Indus Towers Limited ₹61.89 Cr	Telecom - Services	0.94%	1.03%	+0.09%
8	Larsen & Toubro Limited ₹163.06 Cr	Construction	2.63%	2.71%	+0.08%
9	Eternal Limited ₹150.35 Cr	Retailing	2.42%	2.50%	+0.08%
10	SRF Limited ₹54.32 Cr	Chemicals & Petrochemicals	0.82%	0.90%	+0.08%
11	NTPC Limited ₹201.19 Cr	Power	3.27%	3.34%	+0.07%
12	Tech Mahindra Limited ₹178.07 Cr	IT - Software	2.89%	2.96%	+0.07%
13	Axis Bank Limited ₹128.66 Cr	Banks	2.07%	2.14%	+0.07%
14	Bosch Limited ₹128.19 Cr	Auto Components	2.06%	2.13%	+0.07%
15	InterGlobe Aviation Limited ₹99.11 Cr	Transport Services	1.58%	1.65%	+0.07%
16	Divi's Laboratories Limited ₹98.94 Cr	Pharmaceuticals & Biotechnology	1.58%	1.64%	+0.06%
17	ICICI Bank Limited ₹288.97 Cr	Banks	4.75%	4.80%	+0.05%
18	Bank of Baroda ₹102.03 Cr	Banks	1.64%	1.69%	+0.05%
19	Garware Technical Fibres Limited ₹23.26 Cr	Textiles & Apparels	0.35%	0.39%	+0.04%
20	Kotak Mahindra Bank Limited ₹86.45 Cr	Banks	1.41%	1.44%	+0.03%
21	Sun Pharmaceutical Industries Limited ₹134.94 Cr	Pharmaceuticals & Biotechnology	2.22%	2.24%	+0.02%
22	Mphasis Limited ₹102.21 Cr	IT - Software	1.68%	1.70%	+0.02%
23	IndusInd Bank Limited ₹82.29 Cr	Banks	1.35%	1.37%	+0.02%
24	Jindal Steel Limited ₹120.72 Cr	Ferrous Metals	2.00%	2.01%	+0.01%
25	Bharat Petroleum Corporation Limited ₹119.24 Cr	Petroleum Products	1.97%	1.98%	+0.01%
26	UltraTech Cement Limited ₹109.08 Cr	Cement & Cement Products	1.80%	1.81%	+0.01%
27	Data Patterns (India) Limited ₹101.08 Cr	Aerospace & Defense	1.67%	1.68%	+0.01%
28	Billionbrains Garage Ventures Ltd ₹64.71 Cr	Capital Markets	1.06%	1.07%	+0.01%
29	ABB India Limited ₹61.65 Cr	Electrical Equipment	1.01%	1.02%	+0.01%
30	Aptus Value Housing Finance India Limited ₹55.41 Cr	Finance	0.91%	0.92%	+0.01%

#	Stock	Sector	Apr 2026	May 2026	Change
1	State Bank of India ₹303.79 Cr	Banks	5.51%	5.05%	-0.46%
2	Britannia Industries Limited ₹148.33 Cr	Food Products	2.67%	2.46%	-0.21%
3	HDFC Bank Limited ₹446.73 Cr	Banks	7.58%	7.42%	-0.16%
4	Voltas Limited ₹62.29 Cr	Consumer Durables	1.17%	1.03%	-0.14%
5	Reliance Industries Limited ₹108.34 Cr	Petroleum Products	1.92%	1.80%	-0.12%
6	Power Grid Corporation of India Limited ₹90.07 Cr	Power	1.61%	1.50%	-0.11%
7	Engineers India Limited ₹74.14 Cr	Construction	1.32%	1.23%	-0.09%
8	Sun TV Network Limited ₹30.13 Cr	Entertainment	0.59%	0.50%	-0.09%
9	CRISIL Limited ₹63.17 Cr	Finance	1.12%	1.05%	-0.07%
10	Bharti Airtel Limited ₹222.35 Cr	Telecom - Services	3.75%	3.69%	-0.06%
11	Hero MotoCorp Limited ₹147.09 Cr	Automobiles	2.50%	2.44%	-0.06%
12	Poonawalla Fincorp Limited ₹42.11 Cr	Finance	0.75%	0.70%	-0.05%
13	Bajaj Finance Limited ₹143.05 Cr	Finance	2.41%	2.38%	-0.03%
14	Piramal Finance Ltd ₹91.52 Cr	Finance	1.55%	1.52%	-0.03%
15	United Spirits Limited ₹57.15 Cr	Beverages	0.98%	0.95%	-0.03%
16	TVS Motor Company Limited ₹58.72 Cr	Automobiles	1.00%	0.98%	-0.02%
17	Midwest Limited ₹44.71 Cr	Consumer Durables	0.76%	0.74%	-0.02%
18	Linde India Limited ₹144.09 Cr	Chemicals & Petrochemicals	2.40%	2.39%	-0.01%
19	Swiggy Limited ₹14.11 Cr	Retailing	0.24%	0.23%	-0.01%

What Stocks Does This Fund Hold?

53 stocks — May 2026

#	Stock	Sector	Weight & Value
1	HDFC Bank Limited ₹446.73 Cr	Banks	7.42%
2	State Bank of India ₹303.79 Cr	Banks	5.05%
3	ICICI Bank Limited ₹288.97 Cr	Banks	4.80%
4	Bharti Airtel Limited ₹222.35 Cr	Telecom - Services	3.69%
5	NTPC Limited ₹201.19 Cr	Power	3.34%
6	Tech Mahindra Limited ₹178.07 Cr	IT - Software	2.96%
7	Larsen & Toubro Limited ₹163.06 Cr	Construction	2.71%
8	Eternal Limited ₹150.35 Cr	Retailing	2.50%
9	Britannia Industries Limited ₹148.33 Cr	Food Products	2.46%
10	Hindustan Petroleum Corporation Limited ₹147.69 Cr	Petroleum Products	2.45%
11	Hero MotoCorp Limited ₹147.09 Cr	Automobiles	2.44%
12	Linde India Limited ₹144.09 Cr	Chemicals & Petrochemicals	2.39%
13	Bajaj Finance Limited ₹143.05 Cr	Finance	2.38%
14	Sun Pharmaceutical Industries Limited ₹134.94 Cr	Pharmaceuticals & Biotechnology	2.24%
15	Axis Bank Limited ₹128.66 Cr	Banks	2.14%
16	Bosch Limited ₹128.19 Cr	Auto Components	2.13%
17	Jindal Steel Limited ₹120.72 Cr	Ferrous Metals	2.01%
18	Bharat Petroleum Corporation Limited ₹119.24 Cr	Petroleum Products	1.98%
19	Kalpataru Projects International Limited ₹114.19 Cr	Construction	1.90%
20	Solar Industries India Limited ₹109.48 Cr	Chemicals & Petrochemicals	1.82%
21	UltraTech Cement Limited ₹109.08 Cr	Cement & Cement Products	1.81%
22	Reliance Industries Limited ₹108.34 Cr	Petroleum Products	1.80%
23	Mahindra & Mahindra Limited ₹106.60 Cr	Automobiles	1.77%
24	Dixon Technologies (India) Limited ₹103.72 Cr	Consumer Durables	1.72%
25	Mphasis Limited ₹102.21 Cr	IT - Software	1.70%
26	Bank of Baroda ₹102.03 Cr	Banks	1.69%
27	Data Patterns (India) Limited ₹101.08 Cr	Aerospace & Defense	1.68%
28	DEE Development Engineers Ltd ₹100.88 Cr	Industrial Manufacturing	1.68%
29	InterGlobe Aviation Limited ₹99.11 Cr	Transport Services	1.65%
30	Divi's Laboratories Limited ₹98.94 Cr	Pharmaceuticals & Biotechnology	1.64%
31	Piramal Finance Ltd ₹91.52 Cr	Finance	1.52%
32	Power Grid Corporation of India Limited ₹90.07 Cr	Power	1.50%
33	Kotak Mahindra Bank Limited ₹86.45 Cr	Banks	1.44%
34	IndusInd Bank Limited ₹82.29 Cr	Banks	1.37%
35	Lenskart Solutions Limited ₹76.44 Cr	Retailing	1.27%
36	Park Medi World Limited ₹75.02 Cr	Healthcare Services	1.25%
37	Engineers India Limited ₹74.14 Cr	Construction	1.23%
38	Physicswallah Ltd ₹69.88 Cr	Other Consumer Services	1.16%
39	Billionbrains Garage Ventures Ltd ₹64.71 Cr	Capital Markets	1.07%
40	CRISIL Limited ₹63.17 Cr	Finance	1.05%
41	Voltas Limited ₹62.29 Cr	Consumer Durables	1.03%
42	Indus Towers Limited ₹61.89 Cr	Telecom - Services	1.03%
43	ABB India Limited ₹61.65 Cr	Electrical Equipment	1.02%
44	TVS Motor Company Limited ₹58.72 Cr	Automobiles	0.98%
45	United Spirits Limited ₹57.15 Cr	Beverages	0.95%
46	Aptus Value Housing Finance India Limited ₹55.41 Cr	Finance	0.92%
47	SRF Limited ₹54.32 Cr	Chemicals & Petrochemicals	0.90%
48	Midwest Limited ₹44.71 Cr	Consumer Durables	0.74%
49	Poonawalla Fincorp Limited ₹42.11 Cr	Finance	0.70%
50	Lupin Limited ₹34.02 Cr	Pharmaceuticals & Biotechnology	0.57%
51	Sun TV Network Limited ₹30.13 Cr	Entertainment	0.50%
52	Garware Technical Fibres Limited ₹23.26 Cr	Textiles & Apparels	0.39%
53	Swiggy Limited ₹14.11 Cr	Retailing	0.23%