A kit for carrying hole saws has a hole saw carrier configured to releasably carry thereon a plurality of nested hole saws, and is movable between (i) a storage position and (ii) a use position for removing one or more hole saws therefrom. The carrier is axially-elongated and receivable through an arbor hole in a hole saw to releasably carry the hole saw thereon and to allow one hole saw to be nested within another thereon. The carrier is pivotally mounted and movable between the storage and use positions.