Fundalysisby DARKHORSESTOCKS

Scheme

Kotak Equity Savings Fund

Holds 100 companies worth ₹7,276 Cr in Sept 2026.

  • Fund house

    KotakThe fund house that runs this scheme.

  • AUM

    ₹10,566 CrKotak Equity Savings Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 1.1% on Aug 2026, ₹10,684 Cr.

  • Largest holding

    Bharti Airtel LimitedBharti Airtel Limited is 4.9% of this scheme's NAV.

  • Fund manager

    Abhishek BisenRuns it since 13 Oct 2014, as the fund house dates it. With Hiten Shah (fund manager), Devender Singhal (fund manager).

Overview(9 Oct 2026)

Fund managers3

  1. Abhishek BisenFund manager · Oct 2014 · 23y · MBA
  2. Hiten ShahFund manager · Oct 2019 · 18y · MMS B.Com
  3. Devender SinghalFund manager · Apr 2021 · 25y · PGDM

    Key facts

    Benchmark
    NIFTY Equity Savings Index (TRI)
    Risk
    Moderately High
    Expense
    Regular 2.14% · Direct 1.09%
    Exit load
    8% within 90 days
    Started
    13 Oct 2014
    Minimum
    ₹100

    Source.Its Scheme Summary Document as of 9 Oct 2026 at AMFI.

    What changed(15 changes)

    Jul 2026

    1 change
    1. Expense ratio
      30 JulRegular 2.16% → 2.15%Direct 1.11% → 1.1%

    Jun 2026

    1 change
    1. Expense ratio
      29 JunRegular 1.73% → 2.16%Direct 0.68% → 1.11%

    May 2026

    1 change
    1. Expense ratio
      30 MayRegular 1.71% → 1.73%

    Source.Its filings at NSE, since Aug 2024.

    Fund managers over time(Oct 2014 – now)

    1. Abhishek Bisen
    2. Hiten Shah
    3. Devender Singhal
    MainCoSlice201520172019202120232025
    Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

    Costs(Aug 2024 – Oct 2026)

    Every change to the expense ratio, newest first.
    14 changesRegularDirectΔ pt
    30 Jul 20262.15%1.10%0.01
    29 Jun 20262.16%1.11%0.43
    30 May 20261.73%0.68%0
    29 Apr 20261.71%0.68%0.01
    30 Mar 20261.71%0.67%0.02
    30 Jan 20261.74%0.69%0
    30 Dec 20251.75%0.69%0.01
    29 Nov 20251.75%0.68%0.01
    31 Oct 20251.75%0.67%0.01
    31 Jul 20251.76%0.66%0.01
    30 Jun 20251.77%0.67%0.01
    31 May 20251.76%0.66%0
    30 Sept 20241.77%0.66%0
    31 Aug 20241.78%0.66%–
    Direct plan, 30 Jul 2026
    1.10%
    Regular plan 2.15% · Exit load 8% within 90 days
    Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

    Objective and risk(9 Oct 2026)

    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.

    Risk, type and benchmark

    Riskometer
    Moderately High
    At launch
    Moderately High
    Type
    An open ended scheme investing in equity, arbitrage and debt
    Benchmark
    NIFTY Equity Savings Index (TRI)

    Asset allocation it may hold% of NAV

    1. Equity & Equity Related instruments including derivatives
      Allowed65–90%
    2. Of which Cash-futures arbitrage
      Allowed25–75%
    3. of which Net long equity exposure
      Allowed15–40%
    4. Debt & Money market Instruments (including margin for derivatives)
      Allowed10–35%
    5. Units of Mutual Fund including Gold /Silver ETF
      Allowed0–25%
    6. Exchange Traded Commodity Derivatives (ETCDs)
      Allowed0–10%
    7. Units issued by InvITs
      Allowed0–10%
    8. In defensive circumstances Equity & Equity Related instruments including derivatives
      Allowed30–65%
    9. Of which Cash-futures arbitrage
      Allowed15–20%
    10. of which Net long equity exposure
      Allowed10–50%
    11. Debt & Money market Instruments (including margin for derivatives)
      Allowed35–70%
    12. Units of Mutual Fund including Gold /Silver ETF
      Allowed0–35%
    13. Exchange Traded Commodity Derivatives (ETCDs)
      Allowed0–10%
    14. Units issued by InvITs
      Allowed0–10%

    Holds in Sept 2026.66.4% equity · 30.4% debt and cash · 3.3% REITs and InvITs

    How to invest(9 Oct 2026)

    Buying

    To start
    ₹100, then any amount thereafter Rs. 100
    To add
    ₹100, then any amount thereafter Rs. 100
    Systematic
    SIP - Daily, Weekly, Monthly, Quarterly, Half – Yearly and Annually SWP - Daily, Weekly, Monthly, Quarterly, Half – Yearly and Annually STP - Daily, Weekly, Monthly & Quarterly
    Dates
    SIP - Any date from 1st to 31stSWP - Any Date of Every Month STP - Any Business Day
    Minimum
    SIP - Rs. 100/- and any amount thereafter,SWP - Rs. 1000 STP - Rs. 1000, then sIP - Rs. 100/- and any amount thereafter,SWP - Re. 1STP - Re. 1
    Instalments
    SIP - N.A. SWP - 6 installments STP - 6 installments

    Selling and switching

    To redeem
    ₹1,000 or 100 units
    Minimum balance
    ₹1,000 or 100 units
    Switch minimum
    ₹5,000 or Re. 0.01 units

    Scheme details(9 Oct 2026)

    What it is

    Category
    Equity Savings Fund
    Offer
    17 Sept 2014 to 1 Oct 2014
    Started
    13 Oct 2014
    Reopened
    17 Oct 2014
    Plans
    Growth · Payout of Income Distribution cum capital withdrawal (IDCW) · Reinvestment of Income Distribution cum capital withdrawal (IDCW)
    Face value
    ₹10
    Listed
    No

    How it is run

    Swing pricing
    No
    Side-pocketing
    Enabled, No segregated portfolio created
    Custodian
    Deutsche Bank A G, Mumbai and Standard Chartered Bank, Mumbai,Orbis Financial Corporation Limited - Haryana
    Auditor
    S. R. Batliboi & Co. LLP
    Registrar
    Computer Age Management Services (‘CAMS’)
    SEBI code
    KOTM/O/H/ESF/14/08/0031