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Kotak Equity Savings Fund

Equity Savings · Kotak Mahindra Asset Management Company Limited.

In plain words

Among the 127 funds in its category, this one has grown money faster than most. ₹1 lakh invested 5 years ago would be about ₹1.6 lakh today. Investing ₹10,000 every month for the last 10 years would have put in ₹12.1 lakh and grown it to about ₹20.4 lakh. Be warned: in its worst stretch, ₹1 lakh briefly shrank to about ₹83,520. Expect meaningful ups and downs on the way.

New to fund research? Start with the 5-minute guide. The detailed numbers below back all of this up.
Kotak Equity Savings Fund is RS 87/99 in its category right now. See the RS line plotted against its benchmark, live, and the day it crossed.
See the RS line free →

Kotak Equity Savings Fund is a Equity Savings fund from Kotak Mahindra Asset Management Company Limited.. It has a track record of about 11.9 years. As of the latest data it carries an RS rating of 87/99 (its recent momentum versus category peers) and a King Score of 82/100 (a long-term quality composite). The current NAV is ₹30.39 (as of 2026-09-16).

At a glance. Long-term quality (King Score): 82/100 · Current momentum (RS): 87/99 · 5-year CAGR: 9.92% · Worst-ever fall: -16.48%
87RS rating
82King Score
9.93%3Y CAGR
9.92%5Y CAGR
-16.48%Max drawdown
0.56Sharpe 3Y
0.68%Expense
10108AUM ₹Cr

Growth of ₹100 - last 5 years

2021-092026-09
What ₹100 invested 5 years ago would be worth today, from actual NAV history.

Kotak Equity Savings Fund returns: last 1, 3, 5 and 10 years

PeriodThis fundCategory average
1 month-1.5%-0.96%
3 months1.27%1.25%
6 months4.19%3.61%
1 year4.3%4.25%
3 years (CAGR)9.93%8.38%
5 years (CAGR)9.92%7.71%
10 years (CAGR)9.89%7.93%

The last 10 years return of Kotak Equity Savings Fund works out to 9.89% a year (CAGR) - ₹1 lakh invested 10 years ago would be about ₹2.6 lakh today. The last 5 years return is 9.92% a year (₹1 lakh → ₹1.6 lakh), and the last 3 years return is 9.93% - ahead of its category's 8.38% average by 1.5 points. Its trailing one-year return is 4.3%. Trailing returns flatter or disappoint depending on the end date you pick - the year-by-year and rolling-return sections below are a fairer read.

Year-by-year returns

YearKotak Equity Savings FBenchmark
2018+4.9%-3.4%
2019+8.6%+7.7%
2020+11.4%+16.7%
2021+12.2%+30.2%
2022+7.9%+3.0%
2023+16.9%+25.8%
2024+13.0%+15.2%
2025+9.1%+6.7%
2026+0.9%-5.8%

Kotak Equity Savings Fund beat its benchmark in 5 of the last 9 calendar years. Consistency against the benchmark matters more than any single great year.

Calendar-year returns show how bumpy the ride really was - an average hides the good years and the ugly ones.

What a monthly SIP in Kotak Equity Savings Fund would have made

A ₹10,000-a-month SIP, using this fund's actual NAV history. SIP returns (XIRR) differ from lumpsum CAGR because your money goes in gradually, averaging your entry price.

SIP durationYou investedIt becameXIRR
3 years₹370,000₹411,5877.04%
5 years₹610,000₹771,9299.34%
10 years₹1,210,000₹2,044,77410.12%

Over 10 years, ₹1,210,000 invested in monthly instalments would have grown to about ₹2,044,774 - an XIRR of 10.12%. Figures are pre-tax and assume you stayed invested throughout.

Risk & drawdowns

MeasureThis fundCategory average
Worst drawdown (lifetime)-16.48%-14.76%
Worst drawdown (3Y)-5.97%-4.54%
Volatility (1Y)6.9%5.26%
Sharpe (3Y)0.560.41
Sortino (3Y)0.890.66
Beta (3Y)0.380.29
Alpha (3Y)2.45%1.32%
Up capture44.4%36.36%
Down capture28.3%21.89%
Bull-market return15.2%14.34%
Bear-market return-7.1%-7.83%

Timing matters more than people admit: the best possible 1-year stretch in Kotak Equity Savings Fund (starting 2020-03-23) gained 34.2%, while the worst (starting 2019-03-22) lost 9.6%. The worst peak-to-bottom fall Kotak Equity Savings Fund has ever put investors through is -16.48% - the real test of whether you'd have stayed invested. In falling markets (Nifty below its 200-day average) it has returned about -7.1% annualised, versus 15.2% in rising markets. It has captured roughly 44.4% of its benchmark's up-moves and 28.3% of its down-moves.

How Kotak Equity Savings Fund behaves when markets fall

When the market is falling (the Nifty below its 200-day average), Kotak Equity Savings Fund has historically returned about -7.1% annualised, versus roughly 15.2% when the market is rising. Its deepest fall on record is -16.48%. Right now it sits about 1.58% below its all-time high (last hit 2026-08-13). The real question isn't the average year - it's whether you could hold on through the worst one.

How Kotak Equity Savings Fund ranks in its category

Percentile versus its ~127 category peers - 100th is best-in-class, 50th is average. This is the fairest apples-to-apples read.

3-year return
95th
Drawdown resilience
60th
Consistency
75th
Risk-adjusted (Sharpe)
92th

Consistency (rolling returns)

MeasureValue
Median 3Y rolling CAGR10.38%
3Y windows positive100.0%
Worst 3Y window2.88%
3Y windows beating Nifty 50017.5%
Median 5Y rolling CAGR9.84%
Median 10Y rolling CAGR10.23%

Instead of one lucky start date, rolling returns test every start date. Across all 3-year windows in its history, Kotak Equity Savings Fund returned a median of 10.38% a year, and 100.0% of those windows were positive.

What Kotak Equity Savings Fund holds

Its latest monthly portfolio disclosure. This is what your money actually owns.

Top holdings

BHARTI AIRTEL LTD. · Communication Services
6.1%
Indus Towers Ltd. · Communication Services
4.1%
HDFC BANK LTD. · Finance
2.9%
NTPC LTD · Utilities
2.9%
STATE BANK OF INDIA. · Financials
2.8%
Maruti Suzuki India Limited · Consumer Discretionary
2.8%
Adani Ports and Special Economic Zone Limited · Industrials
2.7%
One 97 Communications Ltd · Financial Technologies (Fintech)
2.2%
Hero MotoCorp Ltd. · Consumer Discretionary
2.2%
ICICI BANK LTD. · Financials
2.1%

Sector allocation

Financials
13.4%
Communication Services
11.1%
Consumer Discretionary
6.1%
Consumer Staples
5.7%
Materials
5.6%
Industrials
4.3%
Utilities
3.0%
Information Technology
3.0%

The top 10 holdings make up 30.6% of the portfolio, across 99 stocks. A higher concentration means the fund's fortunes ride on fewer names.

Portfolio overlap with similar funds

Kotak Equity Savings Fund shares Edelweiss Equity Savings Fund (6%), Edelweiss Equity Savings Fund (6%), HSBC Equity Savings Fund (0%) of its portfolio with these category peers (overlap = the slice of the two portfolios invested in the same stocks). The lower the overlap, the more genuinely different the portfolios are.

Who manages Kotak Equity Savings Fund - and how good are they?

Kotak Equity Savings Fund is managed by Abhishek Bisen, Devender Singhal and Hiten Shah. Below is each manager's complete track record - every fund they currently run, judged on the same numbers as everything else on this page - so you can see whether this fund is in strong hands or is the outlier in a weak book.

Abhishek Bisen's full record

Abhishek Bisen currently runs 58 funds, across Conservative Hybrid Fund, Dynamic Asset Allocation or Balanced Advantage, Dynamic Bond, Equity Savings and more, with about ₹126,446 Cr under management. The book's average King Score is 67.3/100. Their strongest fund by King Score is Kotak Dynamic Bond Fund (92/100); Kotak Equity Savings Fund ranks #5 of 58 in their book.

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#FundRSKing3M6M1Y3Y CAGR5Y CAGR10Y CAGRSharpeRoll 3YWorst fall
1Kotak Dynamic Bond Fund96922.2%4.0%6.7%7.8%6.6%7.8%0.499.0%-3.2%
2Kotak Debt Hybrid83880.9%2.1%3.1%8.4%8.3%9.6%0.411.4%-11.8%
3Kotak Bond Fund94851.4%3.0%5.0%7.1%6.1%6.9%0.247.5%-9.9%
4Kotak Manufacture in India Fund81835.2%15.6%14.3%19.1%n/an/a0.7622.2%-22.3%
5Kotak Equity Savings Fund (this page)87821.3%4.2%4.3%9.9%9.9%9.9%0.5610.4%-16.5%
6Kotak Business Cycle65792.3%13.2%2.6%14.4%n/an/a0.5518.7%-18.4%
7Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund79771.5%2.8%6.2%7.4%n/an/a1.097.7%-3.6%
8Kotak Nifty SDL Plus AAA PSU Bond Jul 2028 60 40 Index Fund75771.4%2.7%5.8%7.4%n/an/a0.817.8%-0.6%
9Kotak Multicap Fund3777-0.0%7.6%3.7%15.8%n/an/a0.5424.6%-21.0%
10Kotak Nifty Financial Services Ex-Bank Index Fund5075-1.0%5.1%3.3%14.9%n/an/a0.4n/a-17.1%
11Kotak Silver ETF Fund of Fund9672-8.4%-9.1%76.5%45.2%n/an/a0.8747.2%-35.7%
12Kotak Balanced Advantage Fund78710.4%4.1%1.7%9.0%8.8%n/a0.312.8%-26.3%
13Kotak Banking & Financial Services Fund4470-1.8%4.6%4.9%11.5%n/an/a0.2814.7%-16.5%
14Kotak US Specific Equity Passive FOF7468-3.8%21.2%31.1%30.0%19.8%n/a1.121.5%-29.1%
15Kotak Gold Fund86650.8%-2.6%37.1%35.6%24.9%16.3%1.3310.6%-26.3%
16Kotak Multi Asset Omni FOF3265-0.7%2.3%6.5%14.3%14.3%15.1%0.7218.3%-22.8%
17Kotak Nifty Smallcap 50 Index Fund98627.2%24.0%12.1%18.2%n/an/a0.5424.2%-25.0%
18Kotak Income Plus Arbitrage Omni FOF53621.4%2.8%5.9%7.5%n/an/a0.658.0%-1.0%
19Kotak Nifty SDL Apr 2032 Top 12 Equal Weight Index Fund63601.0%1.8%5.6%7.1%n/an/a0.218.1%-3.2%
20Kotak Gilt-Investment78591.3%2.4%3.3%5.7%5.4%6.9%-0.228.0%-13.3%
21Kotak Nifty SDL Jul 2033 Index Fund66591.2%2.6%5.4%7.0%n/an/a0.197.3%-2.3%
22Kotak Quant Fund3057-1.4%3.3%-1.1%13.0%n/an/a0.38n/a-22.3%
23Kotak Nifty 200 Momentum 30 Index Fund2341-4.3%2.7%-3.4%9.2%n/an/a0.13n/a-31.6%
24Kotak Nifty 50 Index Fund1937-2.1%-0.8%-6.6%5.7%6.6%n/a-0.0513.0%-16.4%
25Kotak BSE Housing Index Fund420-4.7%3.1%-12.1%5.4%n/an/a-0.04n/a-26.4%
26Kotak Healthcare Fund98n/a11.0%27.4%25.3%n/an/an/a1.04n/a-18.1%
27Kotak Nifty SmallCap 250 Index Fund95n/a3.5%20.2%4.3%n/an/an/a0.12n/a-20.4%
28Kotak Nifty Alpha 50 Index Fund92n/a2.6%15.0%6.1%n/an/an/an/an/a-14.9%
29Kotak Long Duration Fund91n/a1.2%2.0%2.5%n/an/an/a-0.41n/a-6.1%
30Kotak NIFTY Midcap 50 Index Fund90n/a0.5%12.3%7.0%n/an/an/a-0.17n/a-20.4%
31Kotak Special Opportunities Fund89n/a5.9%25.0%15.3%n/an/an/a-0.03n/a-23.1%
32Kotak CRISIL - IBX AAA Bond Financial Services Index Dec 2026 Fund89n/a1.9%3.8%6.8%n/an/an/a1.2n/a-0.2%
33Kotak CRISIL -IBX AAA Financial Services Index Sep-2027 Fund87n/a1.9%3.5%6.4%n/an/an/a1.17n/a-0.3%
34Kotak NIFTY Midcap 150 Index Fund82n/a-0.8%10.0%3.9%n/an/an/a0.22n/a-13.9%
35Kotak Nifty AAA Bond Financial Services Mar 2028 Index Fund82n/a1.7%3.1%5.9%n/an/an/an/an/a-0.4%
36Kotak MNC Fund79n/a0.7%17.8%16.7%n/an/an/a0.38n/a-16.5%
37Kotak Transportation & Logistics Fund74n/a7.1%12.3%2.7%n/an/an/a0.21n/a-17.1%
38Kotak Multi Asset Allocation Fund71n/a-1.0%2.3%14.2%n/an/an/a0.9n/a-12.0%
39Kotak Active Momentum Fund68n/a2.6%11.4%7.0%n/an/an/an/an/a-13.2%
40Kotak Technology Fund57n/a8.1%9.2%-9.4%n/an/an/a-0.21n/a-28.1%
41Kotak Nifty G-Sec July 2033 Index Fund55n/a0.7%1.9%4.6%n/an/an/a0.5n/a-2.1%
42Kotak Consumption Fund47n/a1.4%8.8%-3.6%n/an/an/a0.46n/a-20.6%
43Kotak Nifty 100 Equal Weight Index Fund47n/a-1.7%6.2%1.2%n/an/an/a-0.12n/a-13.5%
44Kotak Nifty Midcap 150 Momentum 50 Index Fund44n/a-3.0%7.6%1.1%n/an/an/a-0.5n/a-25.5%
45Kotak Nifty 50 Equal Weight Index Fund36n/a-1.8%3.0%-1.0%n/an/an/a-0.1n/a-12.5%
46Kotak Energy Opportunities Fund35n/a-2.9%4.6%3.0%n/an/an/a-0.16n/a-9.5%
47Kotak Nifty Commodities Index Fund31n/a-5.4%0.2%6.7%n/an/an/a0.23n/a-9.9%
48Kotak NIFTY 200 Quality 30 Index Fund30n/a-1.3%3.5%-6.5%n/an/an/an/an/a-15.2%
49Kotak NIFTY 100 Low Volatility 30 Index Fund28n/a-1.3%1.6%-5.8%n/an/an/a-0.36n/a-18.2%
50Kotak BSE PSU Index Fund26n/a-4.5%-4.1%4.9%n/an/an/a-0.39n/a-26.8%
51Kotak Nifty India Tourism Index Fund10n/a-1.2%7.1%-18.8%n/an/an/a-0.66n/a-31.1%
52Kotak BSE Sensex Index Fund9n/a-2.0%-1.6%-8.6%n/an/an/a-0.43n/a-16.1%
53Kotak Nifty Top 10 Equal Weight Index Fund3n/a-3.4%-2.5%-10.9%n/an/an/a-0.99n/a-18.6%
54Kotak Gold Silver Passive FOFn/an/a-4.3%-6.0%n/an/an/an/an/an/a-25.6%
55Kotak Rural Opportunities Fundn/an/a-2.0%-2.6%n/an/an/an/an/an/a-13.4%
56Kotak Nifty500 Momentum 50 Index Fundn/an/a-1.6%8.9%n/an/an/an/an/an/a-14.1%
57Kotak Nifty200 Value 30 Index Fundn/an/a-6.1%-2.1%n/an/an/an/an/an/a-13.5%
58Kotak Services Fundn/an/a0.9%3.8%n/an/an/an/an/an/a-6.2%

Devender Singhal's full record

Devender Singhal currently runs 6 funds, across Equity Savings, FoF Domestic, Multi Asset Allocation, Multi Cap Fund and more, with about ₹55,800 Cr under management. The book's average King Score is 74.7/100. This fund is the highest-scored fund they run (King 82/100).

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#FundRSKing3M6M1Y3Y CAGR5Y CAGR10Y CAGRSharpeRoll 3YWorst fall
1Kotak Equity Savings Fund (this page)87821.3%4.2%4.3%9.9%9.9%9.9%0.5610.4%-16.5%
2Kotak Multicap Fund3777-0.0%7.6%3.7%15.8%n/an/a0.5424.6%-21.0%
3Kotak Multi Asset Omni FOF3265-0.7%2.3%6.5%14.3%14.3%15.1%0.7218.3%-22.8%
4Kotak Special Opportunities Fund89n/a5.9%25.0%15.3%n/an/an/a-0.03n/a-23.1%
5Kotak Multi Asset Allocation Fund71n/a-1.0%2.3%14.2%n/an/an/a0.9n/a-12.0%
6Kotak Consumption Fund47n/a1.4%8.8%-3.6%n/an/an/a0.46n/a-20.6%

Hiten Shah's full record

Hiten Shah currently runs 4 funds, across Arbitrage Fund, Dynamic Asset Allocation or Balanced Advantage, Equity Savings, Multi Asset Allocation, with about ₹113,256 Cr under management. The book's average King Score is 78.0/100. This fund is the highest-scored fund they run (King 82/100).

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#FundRSKing3M6M1Y3Y CAGR5Y CAGR10Y CAGRSharpeRoll 3YWorst fall
1Kotak Equity Savings Fund (this page)87821.3%4.2%4.3%9.9%9.9%9.9%0.5610.4%-16.5%
2Kotak Arbitrage Fund88811.6%3.2%6.7%7.5%6.9%6.5%0.966.7%-0.6%
3Kotak Balanced Advantage Fund78710.4%4.1%1.7%9.0%8.8%n/a0.312.8%-26.3%
4Kotak Multi Asset Allocation Fund71n/a-1.0%2.3%14.2%n/an/an/a0.9n/a-12.0%

A caveat worth keeping: funds often have co-managers, and results belong to the whole team and process rather than one person. A manager's book tells you about their range and consistency, not a guarantee of skill.

Cost & fund basics

DetailValue
Expense ratio (Direct)0.68%
Exit load≈1% if redeemed within 1 year (typical)
Minimum investment₹100
Fund size (AUM)₹10,108 Cr
Age11.9 years
Plan / OptionDirect · Growth
BenchmarkNIFTY500

How Kotak Equity Savings Fund compares to peers

FundRSKing3Y CAGR
Edelweiss Equity Savings Fund959011.1%
Edelweiss Equity Savings Fund969011.1%
HSBC Equity Savings Fund948912.7%
Baroda BNP Paribas Equity Savings Fund86859.0%
Sundaram Equity Savings Fund (Formerly Known as Principal Equity Savings Fund)60858.6%
LIC MF Equity Savings Fund87818.1%
Compare side by side. Chart Kotak Equity Savings Fund against these peers on one screen - rebased returns, drawdowns, rolling windows and stock-level overlap.
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Overlap warning: funds in the same category often own many of the same stocks - holding several rarely adds the diversification people expect.

What these numbers mean

RS rating (1-99) ranks a fund's recent momentum against its category - higher is stronger right now. King Score (0-100) is a long-term quality composite (returns, consistency, drawdown, risk-adjusted return) versus peers. Max drawdown is the worst peak-to-bottom fall the fund has ever experienced. Rolling returns test every possible start date, so one lucky (or unlucky) entry point can't distort the picture. Every formula behind this page is public - see how we calculate every number.

Kotak Equity Savings Fund review: the bottom line

On the data, its strengths are a strong long-term quality score (82/100), leading current momentum (RS 87), a low expense ratio (0.68%). Whether it fits you depends on your goals, horizon and risk appetite - this page describes the fund, it does not recommend it.

Related

Frequently asked questions

Is Kotak Equity Savings Fund a good mutual fund?

That depends on your goals and risk tolerance - this is descriptive research, not advice. On the numbers, Kotak Equity Savings Fund scores 82/100 on our King Score and RS 87/99 within its category, has compounded 9.93% a year over three years, and its worst drawdown was -16.48%. Compare those against your needs and the peer table above.

What is the NAV of Kotak Equity Savings Fund today?

The latest NAV is ₹30.39 (as of 2026-09-16). NAV (net asset value) is the per-unit price of the fund, published every business day by the AMC.

What is the last 10 years return of Kotak Equity Savings Fund?

Over the last 10 years Kotak Equity Savings Fund has returned about 9.89% a year (CAGR). In rupees: ₹1 lakh invested 10 years ago would be roughly ₹2.6 lakh today, before tax. See the year-by-year table above for how uneven the ride was.

What is the expense ratio of Kotak Equity Savings Fund?

The Direct-plan expense ratio is 0.68% a year. The Direct plan is cheaper than the Regular plan because it carries no distributor commission - over decades that gap compounds meaningfully.

Who is the fund manager of Kotak Equity Savings Fund?

Kotak Equity Savings Fund is managed by Abhishek Bisen; Devender Singhal; Hiten Shah.

Is Kotak Equity Savings Fund safe? How risky is it?

No market-linked fund is 'safe' in the fixed-deposit sense - the honest question is how deep its falls get. Its worst historical drawdown was -16.48% - ₹1 lakh briefly becoming about ₹83,520. As a equity fund, its risk profile is typical of that category. Look at the drawdown, volatility and bear-market figures above and ask whether you could stay invested through the bad stretches.

Is Kotak Equity Savings Fund good for SIP?

We can't tell you what to do, but here is what actually happened: a ₹10,000 monthly SIP over the last 10 years grew ₹12.1 lakh into about ₹20.4 lakh (XIRR 10.12%). SIPs average your entry price, which helps most in funds that swing hard - check the crash-behaviour section above to see how it treats investors in bad markets.

What are the SIP returns of Kotak Equity Savings Fund?

A ₹10,000/month SIP over 10 years would have grown to about ₹2,044,774 (an XIRR of 10.12%) on ₹1,210,000 invested, using the fund's actual NAV history. See the SIP table above for other durations.

How does Kotak Equity Savings Fund rank among similar funds?

On 3-year returns it sits around the 95th percentile of its category, and its consistency ranks 75th percentile. 100th is best-in-class, 50th is average. See the category-ranking section above.

Is Kotak Equity Savings Fund tax-efficient / what about capital gains?

As a equity fund, gains follow the rules for its asset class - equity-oriented funds are taxed differently from debt. All returns on this page are pre-tax; your actual post-tax return depends on your holding period and slab. This is descriptive information, not tax advice.

Direct or Regular plan - which is shown here?

All figures on this page are for the Direct-Growth plan (no distributor commission, lower cost). Returns are pre-tax; capital-gains tax depends on your own holding period and slab.

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Data: AMFI NAV history, NSE indices, BSE StAR and monthly disclosures. All figures are pre-tax. Descriptive research and education only - nothing here is investment advice or a recommendation to buy, sell or hold any fund. Past performance does not guarantee future returns.

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