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    Canara Robeco ELSS - Tax Saver Fund vs Kotak ELSS Tax Saver Fund

    Direct Plan, Growth option · Data as on 30-10-2026

    Canara Robeco ELSS - Tax Saver Fund and Kotak ELSS Tax Saver Fund are both ELSS funds. In the 3 years to 30-10-2026, Canara Robeco ELSS - Tax Saver Fund (Direct) returned 11.5% a year and Kotak ELSS Tax Saver Fund (Direct) returned 10.8% a year. Canara Robeco ELSS - Tax Saver Fund charges 0.73% a year and Kotak ELSS Tax Saver Fund 0.85% (Direct plans). Their portfolios overlap 46.9%: they hold 24 of the same securities.

    Canara Robeco ELSS - Tax Saver Fund

    ELSS

    3 year return
    11.5%
    Expense ratio
    0.73%
    NAV
    ₹192.74
    See Canara Robeco ELSS - Tax Saver Fund

    Kotak ELSS Tax Saver Fund

    ELSS

    3 year return
    10.8%
    Expense ratio
    0.85%
    NAV
    ₹132.52
    See Kotak ELSS Tax Saver Fund

    Which is better, Canara Robeco ELSS - Tax Saver or Kotak ELSS Tax Saver? Key differences

    It depends on what you want from the fund. These are the differences in numbers, from the data on this page.

    • Kotak ELSS Tax Saver returned more over 5 years: 10.8% a year against 9.0%.
    • Canara Robeco ELSS - Tax Saver returned more over 3 years: 11.5% a year against 10.8%.
    • Canara Robeco ELSS - Tax Saver costs less: 0.73% a year against 0.85% (Direct plans).
    • Canara Robeco ELSS - Tax Saver swung less over 3 years: a standard deviation of 13.5% a year against 14.3%.
    • Canara Robeco ELSS - Tax Saver fell less in its worst fall since 02-01-2013: −34.3% against −36.4%.
    • Canara Robeco ELSS - Tax Saver holds more in large companies: 73.5% of the fund in large caps against 60.6%.
    • Canara Robeco ELSS - Tax Saver is the larger fund: ₹8,167 Cr against ₹6,071 Cr.
    • Their portfolios overlap 46.9%: 24 of the same holdings.

    Past returns do not promise future returns. This page is information, not investment advice.

    Key facts

    From each fund's scheme summary document and AMFI

    FactCanara Robeco ELSS - Tax Saver FundKotak ELSS Tax Saver Fund
    Fund houseCanara Robeco Mutual FundKotak Mahindra Mutual Fund
    CategoryELSSELSS
    AUM₹8,167 Cr (30-09-2026)₹6,071 Cr (30-09-2026)
    NAV₹192.74 (Direct)₹132.52 (Direct)
    Expense ratio (Direct)0.73%0.85%
    Expense ratio (Regular)1.85%1.96%
    RiskometerVery HighVery High
    BenchmarkBSE 500 TRINifty 500 TRI
    Launch date31-03-199323-11-2005
    Minimum investment₹500₹500
    Lock in3 years3 years
    Fund managersVishal Mishra / Mr. Shridatta BhandwaldarHarsha Upadhyaya
    Exit loadNilNil

    Canara Robeco ELSS - Tax Saver vs Kotak ELSS Tax Saver: Returns Comparison

    Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.

    Fund1M3M6M1Y3Y5Y10Y
    Canara Robeco ELSS - Tax Saver Fund (Direct)+0.20%−4.74%−1.14%−4.70%+11.47%+9.00%+14.38%
    Kotak ELSS Tax Saver Fund (Direct)−1.48%−4.54%−0.03%−4.31%+10.76%+10.84%+13.65%
    ELSS average−2.34%−5.61%−1.63%−5.75%+10.92%+10.29%+13.05%

    Category average: the average of the 50 ELSS funds, same plan type.

    Canara Robeco ELSS - Tax Saver vs Kotak ELSS Tax Saver: Year-wise Returns

    YearCanara Robeco ELSS -Canara Robeco ELSS - Tax SaverKotak ELSSKotak ELSS Tax Saver
    2026to date−4.49%−4.13%
    2025+6.46%+2.92%
    2024+18.88%+23.31%
    2023+25.20%+25.20%
    2022+1.22%+8.37%
    2021+36.81%+35.05%

    Canara Robeco ELSS - Tax Saver vs Kotak ELSS Tax Saver: Rolling Returns

    Every holding period of both funds, against BSE 500 TRI, the benchmark of Canara Robeco ELSS - Tax Saver Fund

    Rolling returns

    Every 3-year holding period, 2,666 of them, one for each trading day from 04-01-2016 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.

    −10%0%10%20%30%40%
    Nov 2013
    to
    Nov 2016    Sept 2015
    to
    Sept 2018    Jul 2017
    to
    Jul 2020    May 2019
    to
    May 2022    Mar 2021
    to
    Mar 2024    Dec 2022
    to
    Dec 2025
    Canara Robeco ELSS - Tax Saver Fund (Direct)Kotak ELSS Tax Saver Fund (Direct)BSE 500 TRI

    How the periods spread

    FundBelow 0%0-5%5-10%10-15%15-20%20-25%Above 25%MeanMedianLowestHighestBeat benchmark
    Canara Robeco ELSS - Tax Saver0.02.010.228.235.916.27.516.2%16.0%−0.4%33.5%67%
    Kotak ELSS Tax Saver1.43.67.423.729.124.89.917.0%17.1%−4.2%34.8%91%
    BSE 500 TRI1.84.28.036.834.211.73.314.8%14.9%−6.2%33.9%--

    The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is BSE 500 TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 02-01-2013. Past returns do not promise future returns.

    Canara Robeco ELSS - Tax Saver vs Kotak ELSS Tax Saver: SIP and Lumpsum Returns

    What the same monthly or one-time investment would be worth in each fund today, from their own NAV history

    Growth of an investment

    Step up each year
    PeriodFor

    ₹10,000 on the first trading day of every month, from 02-01-2013 to 30-10-2026: 166 instalments, ₹16,60,000 in all.

    InvestmentInvestedValue nowGainReturn a year
    Canara Robeco ELSS - Tax SaverCanara Robeco ELSS - Tax Saver Fund (Direct) ₹16,60,000 ₹48,21,628 ₹31,61,628 14.3%
    Kotak ELSS Tax SaverKotak ELSS Tax Saver Fund (Direct) ₹16,60,000 ₹49,09,343 ₹32,49,343 14.5%
    ₹0₹20.0 L₹40.0 L₹60.0 L
    2014201620182020202220242026
    Canara Robeco ELSS - Tax SaverCanara Robeco ELSS - Tax Saver Fund (Direct)Kotak ELSS Tax SaverKotak ELSS Tax Saver Fund (Direct)Amount invested

    From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.

    Canara Robeco ELSS - Tax Saver vs Kotak ELSS Tax Saver: Risk and Drawdowns

    How much each fund swings, and the worst fall over the same days

    Risk and return

    MeasureCanara Robeco ELSS - Tax Saver Fund (Direct)Kotak ELSS Tax Saver Fund (Direct)
    Return (CAGR)+11.47%+10.76%
    Standard deviation13.48%14.34%
    Sharpe ratio0.400.33
    Sortino ratio0.550.44
    Maximum drawdown−18.2% (28-02-2025)−19.6% (28-02-2025)
    Beta0.940.98
    Alpha+1.82%+0.61%

    From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.

    Drawdowns

    How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.

    −40%−30%−20%−10%0%
    2014201620182020202220242026
    Canara Robeco ELSS - Tax Saver Fund (Direct)Kotak ELSS Tax Saver Fund (Direct)BSE 500 TRI
    FundWorst fallHigh before itBottomBack at the highTime to climb backBelow its high today
    Canara Robeco ELSS - Tax Saver Fund (Direct)−34.3%20-02-202023-03-202016-09-20206 months−6.9%
    Kotak ELSS Tax Saver Fund (Direct)−36.4%07-02-202023-03-202011-11-20208 months−7.7%
    BSE 500 TRI−38.1%17-01-202023-03-202006-11-20207 months−9.4%

    From daily values since 02-01-2013, the first day every fund has.

    Rolling standard deviation

    Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.

    0%5%10%15%20%25%
    20172019202120232025
    Canara Robeco ELSS - Tax Saver Fund (Direct)Kotak ELSS Tax Saver Fund (Direct)BSE 500 TRI

    Against BSE 500 TRI

    FundUp captureDown captureTracking error
    Canara Robeco ELSS - Tax Saver Fund (Direct)97%87%4.08%
    Kotak ELSS Tax Saver Fund (Direct)101%92%4.24%

    From month-end values since 02-01-2013. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.

    Canara Robeco ELSS - Tax Saver vs Kotak ELSS Tax Saver: Portfolio Overlap

    From each fund's latest monthly portfolio: Canara Robeco ELSS - Tax Saver Fund, September 2026; Kotak ELSS Tax Saver Fund, September 2026

    Holdings in common

    Overlap
    46.9%
    Held by both
    24
    Only in Canara Robeco ELSS - Tax Saver
    50
    Only in Kotak ELSS Tax Saver
    29
    Security% of Canara Robeco ELSS - Tax Saver% of Kotak ELSS Tax Saver
    HDFC Bank Ltd6.22%7.00%
    ICICI Bank Ltd6.82%5.01%
    State Bank of India3.59%4.98%
    Bharti Airtel Ltd3.35%3.47%
    Divi's Laboratories Ltd2.79%2.68%
    Bajaj Finance Ltd2.74%2.49%
    Larsen & Toubro Ltd3.42%2.48%
    Eternal Ltd2.31%3.16%
    Axis Bank Ltd2.83%2.02%
    Interglobe Aviation Ltd1.82%1.85%

    Overlap: for each holding both funds own, the smaller of its two weights, added up. 46.9% means 46.9% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.

    Largest holdings only in Canara Robeco ELSS - Tax Saver Fund

    Security% of fund
    Infosys Ltd2.96%
    Samvardhana Motherson International Ltd1.94%
    Torrent Pharmaceuticals Ltd1.66%
    CG Power and Industrial Solutions Ltd1.65%
    PNB Housing Finance Ltd1.36%

    Largest holdings only in Kotak ELSS Tax Saver Fund

    Security% of fund
    Hero MotoCorp Ltd.2.59%
    Dixon Technologies India Ltd2.59%
    HINDUSTAN PETROLEUM CORPORATION LTD.2.16%
    KALPATARU PROJECTS INTERNATIONAL LIMITED1.99%
    Bosch Limited1.94%

    Asset and sector split

    Share of each fund, from its latest monthly portfolio

    Asset allocation

    AssetCanara Robeco ELSS - Tax SaverKotak ELSS Tax Saver
    Equity97.8%98.5%
    Debt0.0%0.0%
    Cash and others2.2%1.5%

    Market cap of stocks

    Market capCanara Robeco ELSS - Tax SaverKotak ELSS Tax Saver
    Large Cap73.5%60.6%
    Mid Cap16.9%21.5%
    Small Cap7.4%15.5%
    Not on AMFI's list0.0%0.9%

    Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.

    Largest sectors

    SectorCanara Robeco ELSS - Tax SaverKotak ELSS Tax Saver
    Banks20.7%23.0%
    Pharmaceuticals and Biotechnology0.0%7.5%
    Pharmaceuticals & Biotechnology6.8%0.0%
    Retailing6.3%6.5%
    Finance5.7%6.4%
    Construction3.4%6.1%
    Automobiles5.1%6.0%
    IT - Software4.4%3.0%

    The six largest sectors of each fund's stocks, % of the fund.

    Canara Robeco ELSS - Tax Saver vs Kotak ELSS Tax Saver: Expense Ratio

    What each plan charges a year, from AMFI's expense ratio file

    ChargeCanara Robeco ELSS - Tax Saver FundKotak ELSS Tax Saver Fund
    Total expense ratio (Direct)0.73%0.85%
    Base expense ratio (Direct)0.57%0.63%
    Total expense ratio (Regular)1.85%1.96%
    Base expense ratio (Regular)1.53%1.57%

    The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.

    More comparisons

    Each fund against the others of its category

    Canara Robeco ELSS - Tax Saver Fund vs Kotak ELSS Tax Saver Fund: Frequently Asked Questions

    What is the difference between Canara Robeco ELSS - Tax Saver Fund and Kotak ELSS Tax Saver Fund?

    Both are ELSS funds, run by Canara Robeco Mutual Fund and Kotak Mahindra Mutual Fund. Their portfolios overlap 46.9%. Canara Robeco ELSS - Tax Saver Fund charges 0.73% a year and Kotak ELSS Tax Saver Fund 0.85%.

    Which has given higher returns, Canara Robeco ELSS - Tax Saver Fund or Kotak ELSS Tax Saver Fund?

    Over 1 year: Canara Robeco ELSS - Tax Saver Fund −4.70%, Kotak ELSS Tax Saver Fund −4.31%. Over 3 years: Canara Robeco ELSS - Tax Saver Fund +11.47% a year, Kotak ELSS Tax Saver Fund +10.76% a year. Over 5 years: Canara Robeco ELSS - Tax Saver Fund +9.00% a year, Kotak ELSS Tax Saver Fund +10.84% a year. As on 30-10-2026. Past returns do not promise future returns.

    Which has the lower expense ratio, Canara Robeco ELSS - Tax Saver Fund or Kotak ELSS Tax Saver Fund?

    Canara Robeco ELSS - Tax Saver Fund charges less: 0.73% a year against 0.85%. These are the Direct plans' total expense ratios reported to AMFI.

    How much do Canara Robeco ELSS - Tax Saver Fund and Kotak ELSS Tax Saver Fund overlap?

    46.9%. They hold 24 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, SBIN. From each fund's latest monthly portfolio.

    Which is riskier, Canara Robeco ELSS - Tax Saver Fund or Kotak ELSS Tax Saver Fund?

    On SEBI's riskometer, Canara Robeco ELSS - Tax Saver Fund is rated Very High and Kotak ELSS Tax Saver Fund Very High. Over 3 years, the standard deviation of daily returns was 13.48% and 14.34% a year.

    Which is better for SIP, Canara Robeco ELSS - Tax Saver Fund or Kotak ELSS Tax Saver Fund?

    Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,57,519 in Canara Robeco ELSS - Tax Saver Fund (XIRR 8.5% a year) and ₹7,64,967 in Kotak ELSS Tax Saver Fund (XIRR 8.9% a year). Both received 61 instalments. Past returns do not promise future returns.

    Can I invest in both Canara Robeco ELSS - Tax Saver Fund and Kotak ELSS Tax Saver Fund?

    Yes. 46.9% of each fund's money sits in the same holdings, so a large part of the two investments would move together.

    Who manages Canara Robeco ELSS - Tax Saver Fund and Kotak ELSS Tax Saver Fund?

    Canara Robeco ELSS - Tax Saver Fund: Vishal Mishra / Mr. Shridatta Bhandwaldar. Kotak ELSS Tax Saver Fund: Harsha Upadhyaya.

    Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.

    This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.

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