Kotak Flexicap Fund Direct-Growth

Q: What are the returns of Kotak Flexicap Fund?

The Kotak Flexicap Fund is a 12 yrs 6 m old fund and has delivered average annual returns of 16.95% since inception. Kotak Flexicap Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 4.74% 20.26% 21.22% 14.75% 16.95%

NAV as of Jul 21, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹96.406+0.49% 1 day change	16.95% p.a.	#NA View Ranked Funds	₹52,533 Cr

Historical NAV & returns

NAV: ₹96.406 as on Jul 21, 2025

This fund Category average

Kotak Flexicap Fund overview

Expense ratio	0.63% as on May 31, 2025
Exit load	1.0% Exit load for units in excess of 10% of the investment,1% will be charged for redemption within 365 days.!
AUM (Fund size)	₹52,533 Cr
Lock-in Period	Nil
Age	12 yrs 6 m since Jan 01, 2013
Benchmark	NIFTY 500 TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹5000
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

Kotak Flexicap Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Jul 22, 2025

Period	This fund	Category average
1 Month	-0.91%	-0.02%
3 Months	7.57%	6.63%
6 Months	12.92%	9.16%
1 Year	4.74%	4.56%
2 Years	20.72%	20.49%
3 Years	20.26%	20.26%
4 Years	15.82%	16.09%
5 Years	21.22%	23.09%
7 Years	15.24%	16.18%
10 Years	14.75%	14.59%

View returns in detail

Asset allocationas on May 31, 2025

Large Cap 69.27%

Mid Cap 24.08%

Small Cap 4.66%

Other Cap 0%

Top holdings

ICICI Bank Ltd.7.29%

Bharat Electronics Ltd.6.33%

HDFC Bank Ltd.5.92%

Larsen & Toubro Ltd.3.92%

Top sectors

Financial 24.849999999999998%

Energy 9.87%

Capital Goods 9.26%

Technology 7.95%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Bifurcation by Holding is not available for this fund

Allocation by Instruments

Repo 1.89%

Mutual Fund 0.12%

Other Holdings

Others 1.89%

Kotak Liquid - Plan A - Direct Plan-Growth 0.12%

Detailed portfolio analysis

Peer comparison

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Kotak Flexicap Fund	N.A.	52,533 Cr	12 yrs 6 m	0.63%
Parag Parikh Flexi Cap Fund	N.A.	1,03,868 Cr	12 yrs 2 m	0.63%
HDFC Flexi Cap Fund	N.A.	75,784 Cr	12 yrs 6 m	0.73%
JM Flexicap Fund	N.A.	5,917 Cr	12 yrs 6 m	0.47%
Franklin India Flexi Cap Fund	N.A.	18,679 Cr	12 yrs 6 m	0.9%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Kotak Flexicap Fund	-0.91%	12.92%	4.74%	20.26%	21.22%	14.75%
Parag Parikh Flexi Cap Fund	-0.15%	7.23%	10.45%	23.22%	25.21%	18.14%
HDFC Flexi Cap Fund	-0.61%	10.75%	8.43%	25.64%	29.34%	15.97%
JM Flexicap Fund	-0.33%	2.02%	-5.14%	26.01%	27.04%	16.75%
Franklin India Flexi Cap Fund	-1.06%	8.99%	4.3%	22.09%	26.18%	14.62%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Kotak Flexicap Fund	13.38	0.93	1.2	1.87
Parag Parikh Flexi Cap Fund	9.08	0.58	1.89	2.55
HDFC Flexi Cap Fund	11.92	0.82	1.66	2.84
JM Flexicap Fund	15.32	1.0	1.38	1.85
Franklin India Flexi Cap Fund	12.98	0.91	1.35	1.91

View all Flexi Cap funds

Key risk & return ratios Compared to other funds in the category

Alpha	2.71 vs. 5.54 Underperformed at beating benchmark
Sharpe	1.2 vs. 5.69 Poor risk-adjusted returns
Beta	0.93 vs. 0.88 More sensitive to market's ups & downs
Standard deviation	13.38 vs. 10.13 More volatile performance

Compare Kotak Flexicap Fund in detail with

About this fund

About Kotak Flexicap Fund

Kotak Flexicap Fund Direct-Growth is a Flexi Cap mutual fund scheme from Kotak Mahindra Mutual Fund. This fund has been in existence for 12 yrs 6 m, having been launched on 01/01/2013. Kotak Flexicap Fund Direct-Growth has ₹52,533 Crores worth of assets under management (AUM) as on 31/05/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Kotak Flexicap Fund Direct-Growth as of 21/07/2025 is ₹96.41. The fund has an expense ratio of 0.63%, which is close to what most other Flexi Cap funds charge.

Kotak Flexicap Fund Direct-Growth returns of last 1-year are 5.38%. Since launch, it has delivered 16.97% average annual returns. The fund has doubled the money invested in it every 5 yrs.
Kotak Flexicap Fund Direct-Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is above average.
The fund has the majority of its money invested in Financial, Energy, Capital Goods, Technology, Services sectors. It has taken less exposure in Financial, Energy sectors compared to other funds in the category.
The fund's top 5 holdings are in ICICI Bank Ltd., Bharat Electronics Ltd., HDFC Bank Ltd., Larsen & Toubro Ltd., Ultratech Cement Ltd..

...

Fund AUM	52,533 Cr as on May 31, 2025
Scheme document	View Scheme Document

Fund managers

Harsha Upadhyaya

Mr. Upadhyaya is a B.E (Mechanical) from NIT Suratkal, PGDM from IIM Lucknow and CFA from the CFA Institute, USA. Prior to joining Kotak Mutual fund he has worked with DSP Mutual Fund and UTI AMC.

Investment objective

The scheme seeks to generate longterm capital appreciation from a portfolio of equity and equity related securities, generally focused on a few selected sectors.

Kotak Mahindra Mutual Fund details

No. of schemes	75 view all schemes
Total AUM	5,26,213 Cr as on Jun 30, 2025
Address	The Capital Building, Behind ICICI Bank, G Block BKC, Bandra Kurla Complex Bandra (E) Mumbai, 400051
Phone	022-61152100 / 1800-22-2626

More funds from Kotak Mahindra Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
Kotak Small Cap Fund	N.A.	17,329 Cr	1.35%	33.61%
Kotak Infrastructure and Economic Reform Fund	N.A.	2,402 Cr	-3.39%	33.54%
Kotak Midcap Fund	N.A.	53,464 Cr	7.85%	31.4%
Kotak Pioneer Fund	N.A.	2,807 Cr	10.22%	27.04%
Kotak Contra Fund	N.A.	4,283 Cr	2.75%	26.01%
Kotak Large & Midcap Fund	N.A.	27,046 Cr	3.65%	24.65%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of Kotak Flexicap Fund?

The current Net Asset Value (NAV) of the Kotak Flexicap Fund - Direct Growth plan is approximately ₹96.406 as of Jul 21, 2025.

What are the returns of this mutual fund scheme?

The Kotak Flexicap Fund is a 12 yrs 6 m old fund and has delivered average annual returns of 16.95% since inception.

Kotak Flexicap Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
4.74%	20.26%	21.22%	14.75%	16.95%

How much does this mutual fund charge as expense ratio?

The Kotak Flexicap Fund - Direct Growth has an expense ratio of 0.63%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The Kotak Flexicap Fund currently has assets under management (AUM) or fund size valued at approximately 52,533 Cr as on May 31, 2025.

What are the top stock holdings of Kotak Flexicap Fund?

The Kotak Flexicap Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
ICICI Bank Ltd.	7.29%
Bharat Electronics Ltd.	6.33%
HDFC Bank Ltd.	5.92%
Larsen & Toubro Ltd.	3.92%
Ultratech Cement Ltd.	3.68%
State Bank of India	3.68%
Axis Bank Ltd.	3.63%
Jindal Steel & Power Ltd.	3.43%
Infosys Ltd.	3.42%
SRF Ltd.	3.4%

What are the top sectors Kotak Flexicap Fund has invested in?

The Kotak Flexicap Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Financial	24.849999999999998%
Energy	9.87%
Capital Goods	9.26%
Technology	7.95%
Services	7.1899999999999995%
Automobile	7.16%
Materials	5.93%
Metals & Mining	4.86%
Chemicals	4.35%
Construction	3.92%

What is risk level of Kotak Flexicap Fund?

This is a Flexi Cap fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in Kotak Flexicap Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Kotak Flexicap Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in Kotak Flexicap Fund is complete.

How can I redeem my investments in Kotak Flexicap Fund?

Redeeming your investments in Kotak Flexicap Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Kotak Flexicap Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Flexi Cap

#NA

Return Outperformance: This fund has generated highest return amongst Flexi Cap funds in the last 10 Years.
AUM Growth: This fund has the highest AUM growth in the last 12 months in Flexi Cap category.
Return/Risk: For every unit of risk this fund takes, it produces 20% more returns.
Exit Load: Exit load for units in excess of 10% of the investment,1% will be charged for redemption within 365 days.