Kotak Equity Savings Fund Regular IDCW NAV today
AMFI: 131374ISIN: INF174K01C86MUTF_IN: KOTA_EQUI_SAVI_121X1H2Kotak Mahindra Mutual FundEquity Savings funds
NAV ₹19.5617
NAV for 23 Oct 2026. Declared once a day.
- Fund sizeAssets under management. The money the fund manages for all its investors, across every plan, at the end of the month.
- ₹10,423 CrSep 2026
- Expense ratioTotal expense ratio. What the fund charges each year as a share of the money invested, taken out of the NAV every day, so the returns shown are already after it.
- 2.13%20 Oct 2026
- P/EP/E. What the fund pays for each rupee of yearly profit its companies earn: the total value of its shares divided by those companies' last four quarters of profit, each in proportion to what the fund holds. The profit leaves out one-off items (exceptional items and businesses sold or demerged), so one company's one-off gain cannot make the fund look cheap. A loss-making company lowers the profit. Shown when at least 80% of the fund's shares are counted.
- 21.130 Sep 2026
- Risk levelRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month.
- Moderately HighAug 2026
- HoldingsHoldings. The number of different securities in the fund's latest monthly portfolio: shares, bonds, money market paper and units of other funds, not cash, overnight lending or futures.
- 16730 Sep 2026
- LaunchedLaunch date. The day the fund first allotted units to investors, at the close of its new fund offer.
- 13 Oct 2014
Kotak Equity Savings Fund returns
Read from the regular plan's growth option: an IDCW plan's NAV falls by every payout, so it carries no return of its own
Over each window to 23 Oct 2026
| Over | ReturnTrailing return. The change in NAV from the start date to the latest NAV; over a year and longer, the yearly rate that would compound to the same change (CAGR). | BenchmarkBenchmark. The index the fund house chose to measure the fund against, in its total return form, with dividends added back. | Rank in categoryRank in category. The fund's place among the funds of its category with a return over the same window, highest return first. | Category medianCategory median. The middle return of the funds in the category over the same window: half returned more, half less. | Middle halfMiddle half of the category. The returns of the fund a quarter of the way down the category and the fund a quarter of the way up, over the same window: half the category's funds returned between the two. |
|---|---|---|---|---|---|
| 1 week | −1.74% | −0.57% | – | – | – |
| 1 month | −3.24% | −0.39% | 23 of 24 | −1.87% | −2.5% to −1.5% |
| 3 months | −2.07% | +0.07% | 21 of 24 | −1.28% | −1.5% to −0.6% |
| 6 months | −1.16% | +1.12% | 21 of 24 | −0.04% | −0.6% to +1.2% |
| 1 year | −0.76% | +2.45% | 18 of 24 | +0.37% | −0.8% to +1.9% |
| 3 years | +8.01% | +7.42% | 4 of 21 | +6.93% | +6.3% to +7.6% |
| 5 years | +8.00% | +6.72% | 2 of 21 | +6.39% | +5.5% to +6.9% |
| 10 years | +8.52% | +7.28% | 3 of 14 | +7.52% | +6.4% to +8.2% |
₹10,000 put in on 17 Oct 2014 is ₹26,684 at the NAV of 23 Oct 2026Growth of ₹10,000. What ₹10,000 put in at the NAV of the first day would be worth at the latest NAV, after the fund's expenses and before tax and any exit load.Over a year and longer, a return is the yearly rate. Benchmark: NIFTY 50 Arbitrage TRI(75.00), NIFTY 50 TRI(25.00), over the same days as the fund. Rank, median and middle half among the Regular plans of Equity Savings funds, each fund's return to its latest NAV on or before 25 Oct 2026.
At the month end, 30 Sep 2026
| Over | FundTrailing return. The change in NAV from the start date to the latest NAV; over a year and longer, the yearly rate that would compound to the same change (CAGR). | BenchmarkBenchmark return. The change in the benchmark index's total return level over the same dates as the fund's return, as a yearly rate over a year and longer. |
|---|---|---|
| 1 year | +2.61% | +1.54% |
| 3 years | +8.57% | +7.06% |
| 5 years | +8.67% | +6.62% |
| 10 years | +8.83% | +8.43% |
| Since launch | +8.74% | +8.30% |
Benchmark: Nifty Equity Savings Index. Both as the fund house states them for the month.
Return in each calendar year
- Fund, Regular GrowthCalendar year return. The change in NAV from the last NAV of one year to the last NAV of the next.
- NIFTY 50 Arbitrage TRI(75.00), NIFTY 50 TRI(25.00)Benchmark return. The change in the benchmark index's total return level over the same dates as the fund's return, as a yearly rate over a year and longer.
Highest year to Dec 2023, +15.7%; lowest year to Dec 2018, +4.2%Above the benchmark in 6 of 9 years
Kotak Equity Savings Fund SIP returns
₹10,000 on the 1st of every month, valued at the NAV of 23 Oct 2026
| Period | InvestedAmount invested. ₹10,000 on the 1st of every month, or the next day the fund priced, added up over the period. | Value todayValue today. What the units bought by every instalment are worth at the latest NAV. | Invested against value today | SIP returnSIP return (XIRR). The yearly rate that, applied to each monthly instalment from the day it was invested, gives the value of all the units today. | After stamp dutySIP return after stamp duty. The same SIP return with stamp duty of 0.005% taken from every instalment since 1 Jul 2020, so ₹10,000 buys ₹9,999.50 of units. | Stamp dutyStamp duty paid. The stamp duty on all the instalments, in rupees: 0.005% of each purchase made since 1 Jul 2020. |
|---|---|---|---|---|---|---|
| 1 year12 instalments | ₹1,20,000 | ₹1,18,537₹1,18,531 after stamp duty | −2.35% | −2.36% | ₹6 | |
| 3 years36 instalments | ₹3,60,000 | ₹3,80,023₹3,80,004 after stamp duty | +3.60% | +3.60% | ₹18 | |
| 5 years60 instalments | ₹6,00,000 | ₹7,12,377₹7,12,341 after stamp duty | +6.86% | +6.86% | ₹30 | |
| 10 years120 instalments | ₹12,00,000 | ₹18,49,271₹18,49,223 after stamp duty | +8.41% | +8.41% | ₹38 | |
| Since Oct 2014144 instalments | ₹14,40,000 | ₹24,38,972₹24,38,923 after stamp duty | +8.44% | +8.44% | ₹38 |
From the Regular Growth plan's NAV, since an IDCW plan's NAV falls by each payout.
Rolling returns
Per cent a year, every window from 17 Oct 2014 to 23 Oct 2026
Lowest to highestAverage
LowestLowest rolling return. The worst yearly return of any window of this length in the fund's history, one window starting on each day it priced.AverageAverage rolling return. The average of the yearly returns of every window of this length in the fund's history.HighestHighest rolling return. The best yearly return of any window of this length in the fund's history.Ended higherWindows that ended higher. The share of all the windows of this length in which the NAV ended above where it started.
1 year2,713 windows−10.3%+9.0%+32.9%98.1%
3 years2,222 windows+1.4%+9.4%+15.6%100.0%
5 years1,732 windows+3.6%+9.3%+14.4%100.0%
10 years498 windows+8.5%+9.2%+9.8%100.0%
Every 3, 5 and 10-year window ended higher than it started.From the Regular Growth plan's NAV, since an IDCW plan's NAV falls by each payout.
Kotak Equity Savings Fund expense ratio and exit load
Per cent of the money invested, a year. Each month shows its last day filed; the parts were redefined from Apr 2026.
- Regular over directDirect and regular plan cost gap. The regular plan's expense ratio less the direct plan's: what buying through a distributor costs each year, since both plans own the same portfolio.
- 1.04 ptsA year, on 20 Oct 2026
- Direct, 30-day averageExpense ratio, 30-day average. The total expense ratio averaged over the last 30 days the fund filed it, which evens out the day-to-day moves in brokerage and levies.
- 1.08%Over the last 30 days filed
- Regular, 30-day averageExpense ratio, 30-day average. The total expense ratio averaged over the last 30 days the fund filed it, which evens out the day-to-day moves in brokerage and levies.
- 2.13%Over the last 30 days filed
Total expense ratio, month by month
- Regular plan
- Direct plan
Direct plan highest 1.45%, Feb 2019.Direct plan lowest 0.63%, Dec 2024.
What the expense ratio is made of
| Part | Direct | Regular |
|---|---|---|
| Base expense ratioBase expense ratio. The part of the expense ratio that pays the fund house and the distributor, before brokerage, transaction costs, levies and GST. | 0.57% | 1.45% |
| Brokerage | 0.06% | 0.06% |
| Transaction costs | 0.02% | 0.02% |
| Statutory levies | 0.43% | 0.59% |
Per cent of assets a year, filed for 20 Oct 2026. The parts add up to that day's total.
Exit load, in the fund house's words
For redemption / switch out of upto 8% of the initial investment amount (limit) purchased or switched in within 90 days from the date of allotment: Nil. If units redeemed or switched out are in excess of the limit within 90 days from the date of allotment: 1% If units are redeemed or switched out on or after 90 days year from the date of allotment: NILMoreLess
Buying and selling
- Lump-sum purchases
- Accepted
- Minimum investmentMinimum investment. The smallest amount the plan accepts for a first purchase.
- ₹100
- Minimum top-up
- ₹100
- Minimum redemption
- ₹100
- SIP
- Accepted
- SIP minimum
- Rs. 100/- and any amount thereafter
- STP, transfers to another fund
- Not accepted
- SWP, regular withdrawals
- Accepted
- Switches
- Accepted
- Lock-inLock-in. The time after each purchase during which those units cannot be sold.
- None
- SIP dates
- Any date from 1st to 31stSWP - Any Date of Every Month
As listed for this plan on 24 Oct 2026.
Kotak Equity Savings Fund AUM
₹ crore, every plan of the fund together.
- Average assetsAverage assets under management. The money the fund managed, averaged over every day of the quarter, added up across its plans.
- ₹10,518 CrQuarter to Sep 2026
- In the direct plansShare of assets in the direct plans. The direct plans' average assets for the quarter as a percentage of the fund's total; the rest is in the regular plans, bought through distributors.
- 39.9%Of the quarter's average
Average assets by quarter, by plan
- Regular plans
- Direct plans
The latest quarter is the largest since the quarter to Jun 2014.
Assets at each month end
Highest ₹10,684 Cr, Aug 2026.Lowest ₹1,345 Cr, Oct 2020.
Kotak Equity Savings Fund portfolio
Portfolio disclosed for 30 Sep 2026.
Holdings on 30 Sep 2026
| Large, mid and small cap. Companies ranked by average market value over six months: the first 100 are large cap, the next 150 mid cap, the rest small cap, by the list in force for the portfolio's month. | Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. | Yield to maturity. The yearly return the fund's bonds would earn if each were held to maturity at today's price, weighted by what the fund holds of each. | Held since. The first month end of the fund's current run of holding this position; marked "or earlier" where that month is the fund's first portfolio on record or the first after a gap in its portfolios. | ||||
|---|---|---|---|---|---|---|---|
| Kotak Liquid FundMutual Fund | Fund units | 7.59% | 792.66 | 13,77,297 | – | Dec 2020 | |
| Bharti AirtelTelecom - Services | Shares | Large cap3rd | 4.93% | 515.25 | 29,32,545 | – | Nov 2017or earlier |
| HDFC BankBanks | Shares | Large cap2nd | 4.38% | 457.87 | 64,60,650 | – | May 2025 |
| One 97 CommunicationsFinancial Technology (Fintech) | Shares | Mid cap146th | 3.60% | 376.37 | 22,42,967 | – | Nov 2025 |
| Indus TowersTelecom - Services | Shares | Large cap92nd | 3.38% | 353.43 | 94,70,298 | – | Jul 2024or earlier |
| Maruti Suzuki IndiaAutomobiles | Shares | Large cap12th | 2.94% | 307.48 | 2,56,938 | – | Oct 2014or earlier |
| State Bank of IndiaBanks | Shares | Large cap4th | 2.77% | 289.72 | 30,19,539 | – | Apr 2024 |
| Adani Ports and Special Economic ZoneTransport Infrastructure | Shares | Large cap21st | 2.47% | 258.31 | 14,36,400 | – | Jun 2019 |
| Radico KhaitanBeverages | Shares | Mid cap218th | 2.37% | 247.06 | 5,65,867 | – | Aug 2023 |
| NTPCPower | Shares | Large cap20th | 2.24% | 234.38 | 72,61,900 | – | May 2021 |
| Hero MotoCorpAutomobiles | Shares | Mid cap103rd | 2.23% | 233.22 | 4,45,000 | – | May 2022 |
| ICICI BankBanks | Shares | Large cap5th | 2.19% | 228.62 | 17,29,763 | – | Dec 2024 |
| Reliance IndustriesPetroleum Products | Shares | Large cap1st | 2.02% | 210.45 | 17,72,952 | – | Oct 2014or earlier |
| ITCDiversified FMCG | Shares | Large cap17th | 1.87% | 195.57 | 74,43,369 | – | Oct 2014or earlier |
| CUBE HIGHWAYS TRUSTTransport Infrastructure | REIT or InvIT units | 1.79% | 186.49 | 1,20,23,613 | – | Jul 2026 |
Weight is per cent of the fund's net assets; value in ₹ crore. 7 lines filed with no weight are listed without one.
Futures and options on 30 Sep 2026
| Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. | |||
|---|---|---|---|
| Bharti Airtel | −4.96% | −517.66 | −29,30,275 |
| CNX NIFTY-OCT2026 | −2.55% | −266.71 | −1,17,455 |
| Adani Ports and Special Economic Zone | −2.46% | −256.93 | −14,36,400 |
| One 97 Communications | −2.18% | −227.66 | −13,52,125 |
| HDFC Bank | −1.89% | −197.72 | −27,63,150 |
| Reliance Industries | −1.45% | −151.60 | −12,72,000 |
| ICICI Bank | −1.43% | −149.22 | −11,22,800 |
| Indus Towers | −1.30% | −135.64 | −36,24,400 |
| Axis Bank | −1.26% | −131.91 | −10,74,375 |
| State Bank of India | −1.07% | −111.86 | −11,56,500 |
| NTPC | −1.00% | −104.84 | −32,64,000 |
| Larsen & Toubro | −0.94% | −97.86 | −2,60,050 |
| Hindustan Aeronautics | −0.92% | −95.82 | −2,03,700 |
| Bajaj Finance | −0.64% | −66.64 | −6,90,000 |
| Vodafone Idea | −0.59% | −61.32 | −4,72,44,975 |
Weight is per cent of the fund's net assets; value in ₹ crore. 7 lines filed with no weight are listed without one.
Cash and receivables on 30 Sep 2026
| Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. | ||
|---|---|---|
| Triparty Repo | 4.33% | 452.60 |
| Net Current Assets/(Liabilities) | 0.64% | 63.82 |
| Margin Deposit | 0.02% | 2.25 |
| Cash Margin | – | 0.01 |
Weight is per cent of the fund's net assets; value in ₹ crore. 7 lines filed with no weight are listed without one.
- Largest holdingLargest holding. The share of the fund in its single largest position, cash and futures not counted as positions.
- 7.59%Kotak Liquid Fund
- Top 5 holdingsTop 5 holdings. The share of the fund held in its five largest positions.
- 23.88%
- Top 10 holdingsTop 10 holdings. The share of the fund held in its ten largest positions.
- 36.67%
- Top 10 sharesTop 10 shares. The share of the fund held in its ten largest shareholdings, bonds and fund units left out.
- 31.31%
- Effective holdingsEffective number of holdings. The number of equal-sized positions that would be as concentrated as the fund's actual weights.
- 41.8Taken over 95.01% of the fund
Asset allocation
Asset allocation. What the fund owns, by kind of asset, each as a share of its net assets; futures and options are shown beside it, not in it, since they are contracts rather than assets bought.- Indian shares64.07%
- Bonds and bills16.40%
- REIT and InvIT units5.55%
- Units of other funds8.77%
- Cash and receivables4.99%
- Not classified0.22%
- Futures and options, netFutures and options, net. The value of the shares or bonds the fund's contracts are written on, as a share of its net assets, a sold contract counted as a minus: a hedged fund's sold futures offset the shares it holds.−31.79%
- Futures and options, grossFutures and options, gross. The value the fund's contracts are written on, as a share of its net assets, counting each contract as a plus whichever way it faces.32.33%
Per cent of the fund's net assets.
Large, mid and small cap
Large, mid and small cap. Companies ranked by average market value over six months: the first 100 are large cap, the next 150 mid cap, the rest small cap, by the list in force for the portfolio's month.- Large cap66.77%Category 78.12%
- Mid cap26.13%Category 13.78%
- Small cap6.04%Category 7.50%
Per cent of the fund's Indian shares. By the list for the six months to Jun 2026. Shares not on the list: 0.68% of the fund. Category is the average of 24 Equity Savings funds.
Sector allocation
Sector weight. The fund's shares grouped by the business each company is in, less the futures sold on them, each group as a share of the fund's net assets.16sectors
- Financial Services11.98%Category 10.24%
- Automobile And Auto Components5.16%Category 2.63%
- Fast Moving Consumer Goods5.06%Category 1.84%
- Power2.50%Category 1.16%
- Consumer Services2.45%Category 1.34%
- Telecommunication2.05%Category 1.27%
- Capital Goods1.89%Category 1.90%
- Metals & Mining1.26%Category 0.73%
- Information Technology0.80%Category 1.75%
- Oil Gas & Consumable Fuels0.57%Category 1.94%
- Construction Materials0.50%Category 0.57%
- Media Entertainment & Publication0.28%Category 0.03%
- Construction0.18%Category 0.82%
- Chemicals0.13%Category 0.65%
- Healthcare0.01%Category 3.27%
- Services0.01%Category 0.54%
Per cent of the fund's net assets, less the futures sold on its shares, Sep 2026. Category is the average of 24 Equity Savings funds. Category average. The sector's weight, less the futures sold on it, averaged over the 24 Equity Savings funds that disclosed a portfolio for Sep 2026. A fund holding none of the sector counts as 0.
Sector allocation month by month
| 13 months | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financial Services21 companies | 11.98% | 8.46% | 8.95% | 8.78% | 8.28% | 8.96% | 10.20% | 10.63% | 9.81% | 9.75% | 9.76% | 10.39% | |
| Automobile And Auto Components8 companies | 5.16% | 4.80% | 5.01% | 4.88% | 4.36% | 4.51% | 5.09% | 5.70% | 5.78% | 6.31% | 6.13% | 6.45% | |
| Fast Moving Consumer Goods8 companies | 5.06% | 5.02% | 5.33% | 5.23% | 5.05% | 5.27% | 5.18% | 3.92% | 4.19% | 4.36% | 4.41% | 4.65% | |
| Power5 companies | 2.50% | 2.48% | 2.74% | 2.94% | 3.20% | 3.16% | 3.50% | 2.53% | 2.49% | 2.37% | 2.39% | 2.64% | |
| Consumer Services5 companies | 2.45% | 2.58% | 2.42% | 1.94% | 1.96% | 2.06% | 3.40% | 3.75% | 3.94% | 4.49% | 4.67% | 5.02% | |
| Telecommunication3 companies | 2.05% | 4.13% | 4.54% | 4.89% | 5.13% | 4.72% | 5.43% | 5.55% | 5.77% | 5.88% | 5.93% | 3.45% | |
| Capital Goods6 companies | 1.89% | 3.20% | 3.16% | 3.27% | 3.07% | 3.00% | 3.02% | 3.21% | 3.16% | 1.62% | 1.82% | 0.89% | |
| Metals & Mining6 companies | 1.26% | 1.65% | 0.73% | 0.77% | 0.90% | 0.00% | 0.00% | −0.01% | −0.06% | −0.05% | −0.08% | 0.18% | |
| Information Technology3 companies | 0.80% | 1.59% | 1.73% | 1.65% | 1.84% | 1.88% | 2.06% | 2.12% | 2.59% | 2.63% | 2.11% | 2.38% | |
| Oil Gas & Consumable Fuels3 companies | 0.57% | 1.27% | 1.28% | 1.24% | 1.36% | 1.44% | 1.87% | 1.83% | 2.00% | 1.46% | 1.44% | 1.48% | |
| Construction Materials3 companies | 0.50% | 0.50% | 0.58% | 0.57% | 0.71% | 0.68% | 0.69% | 0.75% | 0.79% | 0.77% | 0.78% | 0.89% | |
| Media Entertainment & Publication1 company | 0.28% | 0.21% | 0.24% | 0.25% | 0.24% | 0.30% | 0.29% | 0.32% | 0.28% | 0.30% | 0.29% | 0.30% |
Per cent of the fund's net assets, less the futures sold on its shares, at each month end, Oct 2025 to Sep 2026; the line runs from Sep 2025.
- Yield to maturityYield to maturity. The yearly return the fund's bonds would earn if each were held to maturity at today's price, weighted by what the fund holds of each.
- 7.71%Lines stating a yield: 79.11% of the bond book
- Yield after expensesYield after expenses. The yield to maturity less the plan's expense ratio.
- 5.59%Regular plan
- Maturity date knownMaturity date known. The share of the bond book, perpetual bonds left out, whose repayment date is known: the bonds the durations and the maturity profile are taken over.
- 100.00%Of the bond book, perpetual bonds left out
- Perpetual bondsPerpetual bonds. Bonds with no maturity date: the issuer pays interest with no fixed day to repay. Their share of the bond book; they are in no duration and no maturity window.
- None
The bond book is the fund's bonds, bills and overnight lending.
Credit rating
Credit rating. A rating agency's grade for how likely the borrower is to repay on time: AAA down to D for loans of over a year, A1+ down to A4 for loans of under a year, two scales that are never compared.Loans of over a year
- Sovereign1.60%
- AAA8.66%
- AA1.91%
Loans of under a year
- A1+4.23%
Other
- Overnight lending4.33%
Per cent of the fund's net assets. A grade is stated for 100.00% of the bonds.
Maturity profile
Maturity profile. The fund's bonds grouped by how long until each is repaid, as a share of the fund's net assets; a bond with no known maturity date is left off.- Up to 1 month4.60%
- 1 to 3 months1.37%
- 3 to 6 months3.52%
- 6 to 12 months1.05%
- 1 to 3 years5.36%
- 3 to 5 years2.63%
- 5 to 10 years1.66%
- Over 10 years0.54%
Per cent of the fund's net assets, over the bonds whose maturity date is known; perpetual bonds have none.
- Largest borrowerLending to one borrower. The share of the fund lent to a single company or group of companies, government bonds left out.
- 1.79%Mahindra & Mahindra Financial Services Limited
- Top 5 borrowersLending to one borrower. The share of the fund lent to a single company or group of companies, government bonds left out.
- 5.96%
- Top 10 borrowersLending to one borrower. The share of the fund lent to a single company or group of companies, government bonds left out.
- 10.32%
Per cent of the fund's net assets. Lent outside the government: 14.80% of the fund, to 26 borrowers; the borrower is named for 96.82% of it, its group for 44.19%.
Bought and sold
Sep 2026 against Aug 2026, position by position.
Positions changed, month by month
- New
- Added
- Trimmed
- Sold out
- New positionsNew positions. Holdings in this month's portfolio that were not in the month before.
- 226.65% of the fund
- Sold outSold out. Holdings in last month's portfolio that are gone from this one, other than a bond or deposit repaid on its due date.
- 155.61% of the fund before
- MaturedMatured. Bonds and deposits whose repayment date fell between the two portfolios, so they were repaid rather than sold. One sold in its last days reads the same.
- 4
- Added toAdded to. Holdings with more units than the month before. Where the fund states no units, a weight that rose by more than a tenth.
- 32
- TrimmedTrimmed. Holdings with fewer units than the month before. Where the fund states no units, a weight that fell by more than a tenth.
- 34
- UnchangedUnchanged. Holdings with the same number of units as the month before. Their weight can still move with the price.
- 157
- Traded at leastTraded at least. The smaller of the weight bought in new positions and the weight sold out of old ones, cash left out: the least the fund must have bought and sold in the month.
- 5.61%
- Weight that movedWeight that moved. Half the sum of every position's change in weight between the two month ends, new and sold positions included; price moves alone raise it.
- 14.15%
Changes in Sep 2026
| What changed. New: not held the month before. Added or trimmed: more or fewer units than the month before, or, where no units are stated, a weight that moved by more than a tenth. Sold out: held the month before, gone now. Matured: a bond or deposit whose repayment date fell between the two portfolios, so it was repaid rather than sold (one sold in its last days reads the same). | Change in weight. The holding's weight this month less its weight the month before, in percentage points; a price move alone changes it. | ||||
|---|---|---|---|---|---|
| HDFC Bank | Added | 4.38% | 2.66% | +1.72 pts | +24,46,250 |
| Tata Motors | Sold out | – | 1.30% | −1.30 pts | −29,50,000 |
| CP | New | 0.95% | 0.00% | +0.95 pts | +2,000 |
| Power Finance Corporation Ltd. | New | 0.95% | 0.00% | +0.95 pts | +10,000 |
| Oil India | Sold out | – | 0.68% | −0.68 pts | −15,02,012 |
| Reliance Industries | Added | 2.02% | 1.40% | +0.62 pts | +6,04,500 |
| Hero Motors | New | 0.52% | 0.00% | +0.52 pts | +35,68,167 |
| MphasiS | Trimmed | 0.55% | 1.07% | −0.52 pts | −2,03,559 |
| VEDANTA LTD. | New | 0.48% | 0.00% | +0.48 pts | +5,000 |
| One 97 Communications | Added | 3.60% | 3.16% | +0.44 pts | +2,78,217 |
| Oracle Financial Services Software | Trimmed | 0.54% | 0.94% | −0.40 pts | −26,900 |
| Swiggy | Added | 0.73% | 0.33% | +0.40 pts | +18,08,575 |
| Steel Authority of India | Trimmed | 0.71% | 1.11% | −0.40 pts | −20,00,000 |
| Ola Electric Mobility | Sold out | – | 0.38% | −0.38 pts | −1,00,00,000 |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA | Matured | – | 0.28% | −0.28 pts | – |
Weights are per cent of the fund's net assets; a change in weight is in percentage points. Securities only: 42 futures, options and cash lines that changed are not listed.
Holdings month by month
| Holding | Oct 25 | Nov 25 | Dec 25 | Jan 26 | Feb 26 | Mar 26 | Apr 26 | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Kotak Liquid Fund | 4.94% | 5.81%Added | 5.71% | 5.75% | 6.66%Added | 6.96% | 6.62% | 6.60% | 6.57% | 6.48% | 7.38%Added | 7.59% |
 Bharti Airtel | 5.58%Cut | 7.59%Added | 7.42% | 6.96% | 6.73%Added | 6.65% | 6.37%Cut | 6.13% | 6.14% | 5.66%Cut | 5.15%Added | 4.93%Cut |
 HDFC Bank | 1.13%Added | 0.57%Cut | 0.55% | 0.51% | 3.22%Added | 2.83%Added | 2.98%Added | 2.88%Added | 3.13%Added | 2.89% | 2.66% | 4.38%Added |
 One 97 Communications | – | 2.77%Bought | 2.66% | 2.33% | 2.20% | 2.00% | 2.16% | 2.18% | 2.20% | 2.55% | 3.16%Cut | 3.60%Added |
 Indus Towers | 3.64% | 3.84% | 3.92% | 4.17% | 4.17% | 3.99% | 3.61%Cut | 4.08%Added | 3.32%Cut | 3.56%Added | 3.45%Cut | 3.38% |
 Maruti Suzuki India | 3.73%Added | 3.51% | 3.60% | 3.15% | 3.13% | 2.70% | 2.81%Added | 2.75% | 2.93% | 2.90% | 2.73%Added | 2.94%Added |
 State Bank of India | 6.84% | 6.65%Cut | 6.51% | 7.16% | 3.06%Cut | 2.60% | 3.10%Added | 2.77% | 2.93%Added | 2.88% | 2.99%Added | 2.77%Added |
 Adani Ports and Special Economic Zone | 2.43% | 2.43% | 2.30% | 2.23% | 2.33% | 2.09% | 2.49% | 2.69% | 2.69%Added | 2.47% | 2.25%Cut | 2.47%Cut |
 Radico Khaitan | 2.08% | 2.04% | 2.05% | 1.76% | 1.61% | 1.67% | 2.05% | 2.09% | 2.31%Cut | 2.39%Cut | 2.38%Cut | 2.37% |
 NTPC | 2.31% | 2.13%Cut | 2.10% | 2.27% | 2.38% | 2.99%Added | 2.96%Cut | 2.85% | 2.62%Added | 2.51% | 2.27%Cut | 2.24%Cut |
 Hero MotoCorp | 3.20% | 3.08%Cut | 2.81% | 2.70% | 2.72% | 2.51% | 2.26%Cut | 2.16% | 2.09% | 2.30% | 2.27% | 2.23% |
 ICICI Bank | 1.09%Cut | 1.07% | 1.01% | 1.03% | 1.02% | 1.18%Added | 2.17%Added | 2.14% | 2.31% | 2.37% | 2.30%Cut | 2.19%Added |
 Reliance Industries | 2.03%Cut | 1.91%Cut | 1.87% | 1.67% | 1.62% | 1.63% | 1.64% | 1.50% | 1.45%Added | 1.44% | 1.40%Added | 2.02%Added |
 ITC | 2.57%Added | 2.37% | 2.31% | 2.43%Added | 2.31% | 2.21% | 2.29%Added | 2.07% | 2.05%Added | 1.97% | 1.76%Added | 1.87%Added |
| CUBE HIGHWAYS TRUST | – | – | – | – | – | – | – | – | – | 1.81%Bought | 1.77% | 1.79% |
Per cent of the fund's net assets at each month end, Oct 2025 to Sep 2026. Under it, the change on the fund's previous month. "After a gap" is a holding after a month with no portfolio on record, so when it was bought is not known; "Not filed" is one gone across such a gap. The 84 holdings no longer held, sold or repaid within these months, are not listed.
Portfolio turnover, per cent of assets a year
- TurnoverPortfolio turnover. How much of the portfolio the fund bought or sold over the last year, as a share of its assets, as the fund house states it.
Highest 500.2% in Feb 2023
Risk ratios
NAV to 23 Oct 2026
Each bar runs from the lowest to the highest figure among the Regular plans of Equity Savings funds (3 funds) over the same 3 years; the tick is their average and the dot this fund.
How much the NAV moves
Standard deviationStandard deviation. How far the fund's monthly returns spread around their average, stated as a yearly figure: the wider the spread, the more the NAV moves.6.33%
2.70%Lowest5.08%Average of 21 funds8.26%Highest
Downside deviationDownside deviation. Standard deviation counting only the months in which the fund lost money, stated as a yearly figure.3.76%
1.33%Lowest2.94%Average of 21 funds5.35%Highest
Sharpe ratioSharpe ratio. The monthly return above the 91-day Treasury bill yield, divided by its standard deviation and stated for a year: the extra return for each unit of movement in the NAV.0.40
−0.16Lowest0.21Average of 21 funds0.88Highest
Sortino ratioSortino ratio. The monthly return above the 91-day Treasury bill yield, divided by how far it fell below that yield and stated for a year: the extra return for each unit of movement on the way down.0.56
−0.19Lowest0.31Average of 21 funds1.35Highest
From the Regular Growth plan's NAV, since an IDCW plan's NAV falls by each payout.
Against NIFTY 50 Arbitrage TRI(75.00), NIFTY 50 TRI(25.00)
BetaBeta. How much the fund's monthly return moved for each 1% move in its benchmark: 1 moves with it, below 1 moves less.1.63
0.76Lowest1.31Average1.63Highest
AlphaAlpha. The yearly return the fund made beyond what its beta to the benchmark accounts for.+0.58 pts
−1.46 ptsLowest+0.69 ptsAverage+2.96 ptsHighest
R-squaredR-squared. The share of the fund's monthly movement that its benchmark's movement explains, from 0 to 100.84.4
50.8Lowest75.5Average91.4Highest
CorrelationCorrelation. How closely the fund's monthly returns moved in step with its benchmark's, from minus 1 (always opposite) to 1 (always together).0.92
0.71Lowest0.86Average0.96Highest
Upside captureUpside capture. The fund's return in the months its benchmark rose, as a percentage of the benchmark's return in those months.142.8%
75.3%Lowest121.0%Average144.9%Highest
Downside captureDownside capture. The fund's return in the months its benchmark fell, as a percentage of the benchmark's fall in those months.218.7%
72.7%Lowest139.4%Average218.7%Highest
Largest falls
| Largest over | FallLargest fall. The biggest drop in NAV from a high to the low that followed, before the NAV went back above that high. | High on | Low on | Back at the highBack at the high. The first day the NAV closed at or above the high it had fallen from. |
|---|---|---|---|---|
| 1 year | −5.41% | 6 Jan 2026 | 30 Mar 2026 | 6 Jul 2026 |
| 3 and 5 years | −6.21% | 6 Dec 2024 | 28 Feb 2025 | 16 May 2025 |
| 10 years and since Oct 2014 | −16.54% | 19 Feb 2020 | 23 Mar 2020 | 28 Jul 2020 |
Risk level by month
| Months | FundRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month. | BenchmarkBenchmark's risk level. The riskometer level of the fund's benchmark index for the same month, on the same six-step scale as the fund's own. |
|---|---|---|
| Sep 2022 to Aug 202648 months | Moderately High | ModerateNifty Equity Savings Index |
| Apr 2022 to Aug 20225 months | Moderate | ModerateNifty Equity Savings TRI |
| Nov 2021 to Mar 20225 months | Moderately High | ModerateNifty Equity Savings TRI |
The riskometer at each month end, the fund's and its benchmark's. A month with none on record is left out.
Kotak Equity Savings Fund managers
Managers now
| Manager | Return in the manager's time. The change in the plan's NAV from the day the manager took the fund over to the latest NAV; past a year, the yearly rate that would compound to the same change. | Benchmark over the same days. The change in the fund's benchmark index over the same days as the manager's return, worked out the same way, with the dividends of the index's companies added back. | Difference from the benchmark. The fund's return in the manager's time less its benchmark's over the same days, in percentage points. | Portfolio changed after the handover. How much of the portfolio was different three months after the manager took over: half the sum of every holding's change in weight, with each side's holdings scaled to add up to 100 so a move into cash does not count. | Portfolio changed before the handover. The same measure over the three months before the manager took over, since portfolios change anyway. | Assets the manager runs. The latest monthly size of every fund the manager runs now, added up; a fund run with others counts in full for each of its managers, and the line under it counts only the funds they run alone. | ||
|---|---|---|---|---|---|---|---|---|
| Devender SinghalPrimary | Apr 2021 | +9.05%a year | – | – | 26.8% | 12.4% | 9 | ₹32,376 Cr |
| Abhishek BisenPrimary | Sep 2014 | – | – | – | – | – | 85 | ₹1,87,877 Cr₹22,422 Cr alone |
| Hiten ShahPrimary | Oct 2019 | +9.44%a year | – | – | 17.1% | 22.7% | 4 | ₹1,17,313 Cr₹75,091 Cr alone |
Returns are the regular plan's growth NAV, from the day each took over to the latest NAV, beside the benchmark over the same days.
Other funds they run
| Fund | Return in the manager's time. The change in the plan's NAV from the day the manager took the fund over to the latest NAV; past a year, the yearly rate that would compound to the same change. | Benchmark over the same days. The change in the fund's benchmark index over the same days as the manager's return, worked out the same way, with the dividends of the index's companies added back. | Difference from the benchmark. The fund's return in the manager's time less its benchmark's over the same days, in percentage points. | ||
|---|---|---|---|---|---|
| Kotak Multi Asset Allocation FundDevender Singhal | Sep 2023 | +15.16%a year | – | – | ₹15,191 Cr |
| Kotak Multi Asset Omni FOFDevender Singhal | May 2019 | +16.32%a year | – | – | ₹2,568 Cr |
| Kotak Special Opportunities FundDevender Singhal | – | – | – | ₹1,919 Cr | |
| Kotak Consumption FundDevender Singhal | Nov 2023 | +10.78%a year | +9.22% | +1.56 pts | ₹1,665 Cr |
| Kotak Diversified Equity All Cap Omni FOFDevender Singhal | – | – | – | ₹518 Cr | |
| Kotak Multi Asset Active FOFDevender Singhal | – | – | – | ₹79 Cr | |
| Kotak Nifty200 Value 30 Index FundDevender Singhal | – | – | – | ₹13 Cr | |
| Kotak Multi Sector Omni FOFDevender Singhal | – | – | – | – | |
| Kotak Multi Cap FundAbhishek Bisen | Sep 2021 | +14.18%a year | +10.84% | +3.35 pts | ₹30,274 Cr |
| Kotak Balanced Advantage FundAbhishek Bisen | Aug 2018 | +9.18%a year | – | – | ₹16,608 Cr |
Up to ten funds a manager, largest first. Returns are the regular plan's.
Portfolio overlap
Funds holding the most of the same securities, by weight.
Closest funds in the category
| Portfolio overlap. The share of the two funds' portfolios that is the same: for every holding they share, the smaller of its two weights, added up. | Shared holdings. The number of securities both funds hold, cash and futures left out. | |
|---|---|---|
| UTI Equity Savings FundUTI Mutual Fund | 32.29% | 32 |
| ICICI Prudential Equity Savings FundICICI Prudential Mutual Fund | 29.82% | 53 |
| DSP Equity Savings FundDSP Mutual Fund | 28.83% | 34 |
| HDFC Equity Savings FundHDFC Mutual Fund | 28.03% | 38 |
| Nippon India Equity Savings FundNippon India Mutual Fund | 27.00% | 28 |
| Edelweiss Equity Savings FundEdelweiss Mutual Fund | 26.77% | 56 |
| Aditya Birla Sun Life Equity Savings FundAditya Birla Sun Life Mutual Fund | 26.59% | 51 |
| Baroda BNP Paribas Equity Savings FundBaroda BNP Paribas Mutual Fund | 26.49% | 31 |
| Union Equity Savings FundUnion Mutual Fund | 26.20% | 31 |
| Sundaram Equity Savings FundSundaram Mutual Fund | 26.11% | 26 |
Portfolios for Sep 2026. Overlap is per cent of the portfolio the two funds hold in common.
Overlap with the fund house's other funds
| Portfolio overlap. The share of the two funds' portfolios that is the same: for every holding they share, the smaller of its two weights, added up. | |
|---|---|
| Kotak Multi Asset Allocation FundKotak Mahindra Mutual Fund | 39.23% |
| Kotak Balanced Advantage FundKotak Mahindra Mutual Fund | 31.81% |
| Kotak Arbitrage FundKotak Mahindra Mutual Fund | 28.99% |
| Kotak Conservative Hybrid FundKotak Mahindra Mutual Fund | 18.77% |
| Kotak Aggressive Hybrid FundKotak Mahindra Mutual Fund | 18.70% |
As the fund house states it, for Sep 2026.
Kotak Equity Savings Fund dividend history
IDCW (income distribution cum capital withdrawal), once called a dividend: rupees per unit, paid to holders on the record date and taken out of the NAV.
Paid per unit, the latest payouts
- Paid per unitIDCW payout. Rupees paid out per unit to holders on the record date; the money comes out of the fund, so the plan's NAV falls by the same amount.
Largest ₹0.0786 a unit, May 2020.
Every payout
| IDCW payout. Rupees paid out per unit to holders on the record date; the money comes out of the fund, so the plan's NAV falls by the same amount. | IDCW yield. A payout as a share of the plan's NAV on the record date, before the NAV fell by the amount paid. | NAV before | NAV after | |
|---|---|---|---|---|
| 12 Apr 2023 | ₹0.0638 | 0.44% | ₹14.5280 | ₹14.4592 |
| 13 Mar 2023 | ₹0.0426 | 0.30% | ₹14.4361 | ₹14.3613 |
| 14 Dec 2020 | ₹0.0404 | 0.33% | ₹12.0606 | ₹12.0072 |
| 12 Nov 2020 | ₹0.0381 | 0.32% | ₹11.8299 | ₹11.8006 |
| 12 Oct 2020 | ₹0.0395 | 0.34% | ₹11.6235 | ₹11.5933 |
| 14 Sep 2020 | ₹0.0405 | 0.35% | ₹11.4749 | ₹11.4676 |
| 12 Aug 2020 | ₹0.0423 | 0.37% | ₹11.4015 | ₹11.3887 |
| 13 Jul 2020 | ₹0.043 | 0.38% | ₹11.2263 | ₹11.1338 |
| 12 Jun 2020 | ₹0.0398 | 0.36% | ₹10.9412 | ₹10.8468 |
| 12 May 2020 | ₹0.0786 | 0.74% | ₹10.5888 | ₹10.6299 |
| 12 Mar 2020 | ₹0.037 | 0.35% | ₹10.6721 | ₹10.7577 |
| 12 Feb 2020 | ₹0.0386 | 0.33% | ₹11.6096 | ₹11.5724 |
All 72 payouts since 12 Jan 2015.
Changes to the fund
Newest first.
2026
- 1 AprExpenseExpense ratio stated under the new rules: a base ratio, with brokerage, levies and GST on top
2021
- 31 DecBenchmarkBenchmark: NIFTY 50 Arbitrage TRI(75.00), NIFTY 50 TRI(25.00) to Nifty Equity Savings TRI
Fund details
Objective
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.
Asset allocation
- Equity & Equity Related instruments including derivatives- 65%-90%
- Of which Cash-futures arbitrage - 25%-75% of which Net long equity exposure- 15%-40%
- Debt & Money market Instruments (including margin for derivatives) - 10%-35%
- Units of Mutual Fund including Gold /Silver ETF - 0%-25%
- Exchange Traded Commodity Derivatives (ETCDs) -0%- 10%
- Units issued by InvITs- 0-10%
- In defensive circumstances Equity & Equity Related instruments including derivatives- 30%-65%
- Of which Cash-futures arbitrage - 15%-20% of which Net long equity exposure- 10%-50%
- Debt & Money market Instruments (including margin for derivatives) - 35%-70%
- Units of Mutual Fund including Gold /Silver ETF - 0%-35%
- Exchange Traded Commodity Derivatives (ETCDs) -0%- 10%
- Units issued by InvITs- 0-10%
Type of scheme
An open ended scheme investing in equity, arbitrage and debt
- BenchmarkBenchmark. The index the fund house chose to measure the fund against, in its total return form, with dividends added back.
- NIFTY Equity Savings Index (TRI)
- Risk level at launchRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month.
- Moderately High
- New fund offer
- 17 Sep 2014 to 1 Oct 2014
- Units first allotted
- 13 Oct 2014
- Open for sale again
- 17 Oct 2014
- Price at the offer
- ₹10 a unit
- Minimum at the offer
- ₹5,000
Plans and codes
| Plan | AMFI code | ISIN | ISIN, reinvestment | MUTF_IN | First NAV |
|---|---|---|---|---|---|
| Direct Growth | 131373 | INF174K01D28 | KOTA_EQUI_SAVI_6WXZ81 | 17 Oct 2014 | |
| Regular Growth | 131372 | INF174K01C78 | KOTA_EQUI_SAVI_GJPCTJ | 17 Oct 2014 | |
| Direct IDCW | 131375 | INF174K01D36 | INF174K01D51 | KOTA_EQUI_SAVI_28ST30 | 17 Oct 2014 |
| Regular IDCW | 131374 | INF174K01C86 | INF174K01D02 | KOTA_EQUI_SAVI_121X1H2 | 17 Oct 2014 |
This fund
- Scheme information document (opens in a new tab)The fund's objective, terms, costs and risks in full
Factsheet
- Factsheet for September 2026 (opens in a new tab)Kotak Mahindra Mutual Fund, Sep 2026
Statement of additional information
- SAI Kotak Mahindra Mutual Fund (opens in a new tab)Kotak Mahindra Mutual Fund, Oct 2026
Annual report
- Annual Report FY 2025-26 (opens in a new tab)Kotak Mahindra Mutual Fund, Mar 2026
- Abridged Annual Report for FY 2025-26 (opens in a new tab)Kotak Mahindra Mutual Fund, Mar 2026
- KMTC Annual Report for FY 2025-26 (opens in a new tab)Kotak Mahindra Mutual Fund, Mar 2026
Riskometer disclosure
- Riskometer Disclosure as on March 2026 (opens in a new tab)Kotak Mahindra Mutual Fund, Mar 2026
Portfolio overlap disclosure
- Portfolio Overlap - September 2026 (opens in a new tab)Kotak Mahindra Mutual Fund, Sep 2026