Kotak Mahindra ELSS Mutual Fund

The Kotak Mahindra ELSS Mutual Fund allows investors to avail of lucrative returns on investment while simultaneously stimulating their savings through this tax-linked investment option. Under this scheme, the mutual fund parks its investment in equity and equity-related schemes of companies that are eligible to claim tax benefits under Section 80C of the Income Tax Act.

Best Mutual Funds 2024


Sort by

Mutual Fund Schemes
5Y Returns
AUM(in Cr.)
119.31Apr 19, 2024
49.98Apr 19, 2024
38.67Apr 19, 2024
38.67Apr 19, 2024
103.33Apr 19, 2024

Investment Objective

The investment objective of the Kotak Mahindra ELSS Mutual Fund offers investors to stimulate their investment corpus by making investments in the equity market. The Kotak Mahindra is one of India's most renowned financial institutions. The Kotak Mahindra ELSS Mutual fund operates with a team of experienced and seasoned professionals who fully grasp the equity market's intricacies.

Risks Involved in Kotak Mahindra ELSS Mutual Fund

The Kotak Mahindra ELSS Mutual fund risk-to-reward ratio is high compared to debt and hybrid mutual funds. As the investments made are in the equity market, the corpus invested is subject to market fluctuations. One has to also account for the currency risk factor while investing in Kotak Mahindra ELSS mutual fund, in case the fund foreign securities feature in the investment portfolio.

Return Potential of Kotak Mahindra ELSS Mutual Fund

Investments in equity and equity-related securities in the Kotak Mahindra ELSS mutual funds can obtain handsome returns through capital appreciation and dividends. If the investment portfolio of the fund performs well, so make the investor's investments. However, investors should account for the risk factors as the investments are made in the equity market that is not immune to volatility.

Who Should Invest in Kotak Mahindra ELSS Mutual Fund?

The investors who are invested in stimulating their investment corpus should invest in the ELSS mutual fund scheme. The Kotak Mahindra ELSS Mutual Fund scheme provides the investor with an avenue to make substantial profits off the share market. Investors with a long-term horizon should invest in this mutual fund scheme. Anyone with a healthy risk appetite who wants to avail of tax benefits under the Section 80C scheme should invest in this mutual fund.

Things To Consider Before Investing in Kotak Mahindra ELSS Mutual Fund

Investors who want to invest in the Kotak Mahindra ELSS Mutual Fund scheme should consider the following factors before investing in this investment product. The investor should evaluate the following factors before investing:

  • Meticulously examine the risk-to-reward ratio of the scheme as the investments are subject to market risks.
  • The investor must also identify their investment needs and select the scheme that complements their investment goal.
  • The investor must also look into the expense of the investment as it affects the Net Value Asset (NAV).

Tax on Kotak Mahindra ELSS Mutual Fund

Under Section 80C of the Income Tax Act, the investments made in the ELSS are eligible for Tax benefits. That indicates that an investor can claim tax deductions of up to Rs 1.5 Lakhs in a financial year. This feature gravitates investors towards the Kotak Mahindra ELSS Mutual Fund. It is to be noted that capital gains on long-term investments, i.e. more than three years, are taxed at a rate of 10% per annum if the gains are less than Rs One Lakhs. And 20% in case the capital gains are more than Rs 1 Lakhs.

Get your latest Credit Score, FREE

Mutual Funds Calculator


How is Kotak Mahindra ELSS Mutual Fund doing?

The Kotak Mahindra ELSS Mutual Fund provides lucrative returns to the investors along with making

Is AMC Mutual Fund Safe?

As the investments are made in Equity and equity-related schemes. The investments are subject to market fluctuations and volatility.

Is it beneficial to invest in equity funds?

Equity funds allow the investor to generate substantial returns from the equity market.

Mutual Funds Guide

Get in-depth knowledge about all things related to Mutual Funds and your finances

Mar 12, 2024

International Mutual Funds

\International mutual funds are hidden gems in investment. These ideally allow you to invest in different countries, empowering you to diversify the portfolio across various economies, currencies, and sectors. Internatio

Feb 29, 2024

​​10 Best SIP Plans for Rs. 1000

The need for disciplined and strategic investment is becoming increasingly apparent as the financial industry develops and changes. Investing in your future has never been easier or more accessible than with the 10 best

Feb 29, 2024

How to Invest in SIP

Mutual funds are the new piggy banks. Everyone looking to multiply their wealth via mutual funds ponders over one perennial question – how to invest in a SIP? While it might sound very complex and tedious, it actua

Feb 29, 2024

Best Investment Plan for 1 Year

 For those seeking relatively quick returns or managing financial goals within a limited timeframe, mutual funds could make a substantial difference. Mutual funds, essentially pools of money managed by professionals, pro

Feb 29, 2024

How to stop a Mutual Fund SIP?

Investing in mutual funds through a Systematic Investment Plan (SIP) is a widely embraced strategy for those looking to gradually build wealth with disciplined and consistent contributions. However, life’s uncertai

Feb 29, 2024

Withdrawing from Mutual Funds

When it comes to managing your investments, mutual funds are a popular choice for those looking to expand their portfolio and earn steady returns. However, there may come a time when you need to withdraw money from your

Feb 29, 2024

Flexi Cap Fund

Are you tired of the same old mutual funds that limit your investment options and returns? Do you want to explore the full potential of the stock market and invest in the best companies across all sizes and sectors? If y

Feb 29, 2024

STCG Tax on Mutual Fund

As an investor in mutual funds, you may be aware of the various benefits they offer, such as diversification, professional management, and liquidity. But do you also know about the tax implications of your mutual fund in

Feb 29, 2024

Conservative Hybrid Funds

A conservative hybrid fund is known as a low-risk investment option. The name gives you a fair idea of a conservative hybrid fund’s associated risk, offering a unique combination of safety, stability, and potential

Feb 29, 2024

Fund of Funds (FOFs)

Are you looking for a way to diversify your investments and access a variety of funds with different strategies and asset classes? If yes, then you might want to consider Fund of Funds (FOFs) as an option. FOFs are mutua

Feb 28, 2024

Expense Ratios: Calculations, Components, and Investment Impact

The expense ratio is one of the most critical yet often overlooked aspects of investing in mutual funds and ETFs. Whether you’re a seasoned investor or just starting to dip your toes into finance, understanding thi

Feb 28, 2024

Total Expense Ratio (TER)

The Total Expense Ratio (TER) is a significant indicator of the expenses associated with overseeing and running an investment fund, like a mutual fund or Exchange-Traded Fund (ETF). Calculated as a percentage of the fund

Feb 14, 2024

Indexation in Mutual Funds

‘Indexation’ is a pivotal term for investors during decision-making. It is also considered vital to reduce tax liabilities associated with investments, especially in debt mutual funds. Although calculating In

Feb 13, 2024

Yield to Maturity

Yield to Maturity (YTM) stands out as a pivotal concept among investors. It’s a term that often bounces around in financial discussions, yet its understanding remains elusive to many. Whether you’re a novice

Feb 07, 2024

What is Arbitrage Fund

Arbitrage funds are a type of investment strategy. I.e., the funds generate income by simultaneously buying and selling securities in various markets for different prices. As exploiting the price differences between the

Urban Money