MonitorDirect · GrowthWatch before adding
Kotak Equity Savings Fund
Kotak Mahindra Mutual FundHybrid Scheme - Equity Savings12 years
The scheme seeks 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.
- NAV
- 29.9371
- 30 Oct 2026
- 1Y
- +0.6%
- Trailing CAGR
- AUM
- ₹10,442.51 Cr
- 30 Sept 2026
- Volatility
- Low
- 5.7% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 30 Oct 2026
Stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
In three lines
Fits if · The fund beat the category median in 91% of rolling 3-year windows.
Fits if · Three-year return is above the category median.
Prefer peers if · Prefer Edelweiss Equity Savings Fund if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Pass
12.0 years of path to read.
Engine status
Watch
Recent evidence is mixed. Compare peers before increasing exposure.
Expense ratio
Pass
1.09% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -16.5%. Ask whether you can hold through a similar fall.
Vs category
Pass
91% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Pass
Devender Singhal · 5.6 years on the scheme.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Watch
Top 10 holdings ≈ 66.4% of the portfolio.
Browse category
Same-category peers are preloaded into compare when available.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
Drawdown rehearsal
This scheme’s worst fall on file is about 16%. Before you SIP, ask whether you would keep contributing through a similar drop - pausing on fear is the usual India MF failure mode.
SIP discipline
Monitor is recent mixed evidence - keep the SIP unless the buying brief says prefer peers, then swap with intent.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+0.6%
- 3Y+9.4%
- 5Y+9.1%
- 10Y+9.6%
- SI+9.5%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+0.1%
- 3Y+5.2%
- 5Y+8.3%
- 10Y+9.6%
- Since inception
- +9.5%
- Calendar-day CAGR
- Excess 1Y
- -2.0%
- Category median, same plan and option
- 3Y win rate
- +91%
- Windows beating the median
- 3Y percentile
- 77
- Vs comparable share classes
- SIP 3Y XIRR
- +5.2%
- Simulated monthly SIP
- Worst rolling 3Y
- +2.1%
- 2227 daily-ending windows
- Median rolling 3Y
- +10.4%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 1737 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -16.5%
- Worst peak-to-trough
- Current
- -3.1%
- Below last peak
- Current spell
- 78 days
- Days below latest peak
- Time below peak
- +75%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 7 days
- 265 recovered episodes
- Longest recovery
- 120 days
- Trough to prior peak
19 Feb 2020 – 21 Jul 2020
Trough 23 Mar 2020 · recovered in 120 days
-16.5%
6 Dec 2024 – 15 May 2025
Trough 28 Feb 2025 · recovered in 76 days
-6.0%
6 Jan 2026 – 1 Jul 2026
Trough 30 Mar 2026 · recovered in 93 days
-5.2%
28 Aug 2018 – 6 Feb 2019
Trough 26 Oct 2018 · recovered in 103 days
-4.0%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
77
Vs category
37
Consistency
81
Risk-adjusted
56
Drawdown
59
Mean
62
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Monitor
Buying stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
Why this status
- Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
Supporting reads
- The fund beat the category median in 91% of rolling 3-year windows.
- Three-year return is above the category median.
- Risk-adjusted return sits above the documented risk-free proxy.
Portfolio
30 Sept 2026 · 165 holdings · top 10 are 66.4%.
- Top 5
- 50.8%
- Top 10
- 66.4%
- Largest holding
- 29.5%
- Effective holdings
- 9.0
Cash Margin
Unspecified
29.5%
Kotak Liquid Plan A Direct - Growth
Unspecified
7.6%
Bharti Airtel Ltd
Technology
4.9%
HDFC Bank Ltd
Financial
4.4%
Repo
Unspecified
4.3%
What changed
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
29 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
28 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
27 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
26 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
23 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
22 Oct 2026
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Edelweiss Equity Savings Fund
Edelweiss Mutual Fund
- 1Y
- +5.4%
- 3Y
- +10.9%
- Vol
- 4.8%
- Max DD
- -9.5%
- Sharpe
- 0.89
- 3Y win
- +94%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher TER
Bajaj Finserv Equity Savings Fund
Bajaj Finserv Mutual Fund
- 1Y
- +3.8%
- 3Y
- n/a
- Vol
- 2.4%
- Max DD
- -1.6%
- Sharpe
- -0.80
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Lower trailing returns
Tata Equity Savings Fund
Tata Mutual Fund
- 1Y
- +7.5%
- 3Y
- +10.6%
- Vol
- 4.9%
- Max DD
- -13.9%
- Sharpe
- 0.54
- 3Y win
- +14%
- Lower volatility
- Shallower drawdown
- Lower TER
- Higher trailing returns
LIC MF Equity Savings Fund
LIC Mutual Fund
- 1Y
- -0.3%
- 3Y
- +8.2%
- Vol
- 6.8%
- Max DD
- -7.5%
- Sharpe
- 0.29
- 3Y win
- +100%
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher volatility · Higher TER · Lower trailing returns
Nippon India Equity Savings Fund (Existing number of Segregated Portfolios - 2)
Nippon India Mutual Fund
- 1Y
- +126.1%
- 3Y
- +31.2%
- Vol
- n/a
- Max DD
- 0.0%
- Sharpe
- n/a
- 3Y win
- +0%
- Shallower drawdown
- Lower TER
- Higher trailing returns