Kotak Small Cap Fund

Q: What are the returns of this mutual fund scheme?

The Kotak Small Cap Fund is a 20 yrs 9 m old fund and has delivered average annual returns of 16.98% since inception. Kotak Small Cap Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception -3.38% 16.5% 26.32% 17.23% 16.98%

Q: How much does this mutual fund charge as expense ratio?

The Kotak Small Cap Fund has an expense ratio of 1.64% , representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

NAV as of Oct 20, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹259.352+0.11% 1 day change	16.98% p.a.	App exclusive #NA View Ranked Funds	₹17,480 Cr

Historical NAV & returns

NAV: ₹259.352 as on Oct 20, 2025

This fund Category average

Kotak Small Cap Fund overview

AUM (Fund size)	₹17,480 Cr
Exit load	1.0% Exit load for units in excess of 10% of the investment,1% will be charged for redemption within 365 days!
Lock-in Period	Nil
Age	20 yrs 9 m since Dec 30, 2004
Benchmark	NIFTY Smallcap 250 TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Expense ratio	1.64% as on Sep 30, 2025
Plan type	Regular
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 Small Cap 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 Oct 25, 2025

Period	This fund	Category average
1 Month	0.11%	1.12%
3 Months	-1.77%	0.57%
6 Months	8.89%	11.6%
1 Year	-3.38%	2.09%
2 Years	16.13%	19.24%
3 Years	16.5%	19.96%
4 Years	12.86%	16.69%
5 Years	26.32%	28.27%
7 Years	22.11%	21.14%
10 Years	17.23%	17.06%

View returns in detail

Asset allocationas on Sep 30, 2025

Large Cap 6.86%

Mid Cap 15.26%

Small Cap 75.43%

Other Cap 0%

Top holdings

Aster DM Healthcare Ltd.4.22%

Krishna Institute of Medical Sciences Ltd3.39%

Vijaya Diagnostic Centre Ltd.3.1%

Century Plyboards (India) Ltd.3.08%

Top sectors

Healthcare 22.21%

Services 13.0%

Capital Goods 12.23%

Consumer Discretionary 8.26%

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 3.08%

Other Holdings

Others 3.08%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Kotak Small Cap Fund	0.11%	8.89%	-3.38%	16.5%	26.32%	17.23%
Nippon India Small Cap Fund	1.07%	10.31%	0.27%	22.87%	32.7%	20.54%
Bandhan Small Cap Fund	1.91%	13.35%	7.3%	30.71%	30.75%	16.92%
Tata Small Cap Fund	-1.87%	7.64%	-4.39%	19.87%	29.2%	14.7%
Invesco India Smallcap Fund	3.61%	14.33%	8.79%	25.84%	31.13%	15.62%
Quant Small Cap Fund	2.37%	10.46%	0.71%	24.5%	33.7%	19.55%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Kotak Small Cap Fund	16.59	0.83	0.57	0.82
Nippon India Small Cap Fund	16.46	0.85	0.93	1.3
Bandhan Small Cap Fund	17.88	0.91	1.17	1.84
Tata Small Cap Fund	16.04	0.8	0.83	1.16
Invesco India Smallcap Fund	16.15	0.81	1.04	1.26
Quant Small Cap Fund	17.35	0.87	0.95	1.47

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Kotak Small Cap Fund	N.A.	17,480 Cr	20 yrs 9 m	1.64%
Nippon India Small Cap Fund	N.A.	66,136 Cr	15 yrs 1 m	1.4%
Bandhan Small Cap Fund	N.A.	15,738 Cr	5 yrs 8 m	1.65%
Tata Small Cap Fund	N.A.	11,637 Cr	7 yrs	1.67%
Invesco India Smallcap Fund	N.A.	8,055 Cr	7 yrs	1.73%
Quant Small Cap Fund	N.A.	29,288 Cr	29 yrs 1 m	1.59%

View all Small Cap funds

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

Alpha	-3.21 vs. 4.89 Underperformed at beating benchmark
Sharpe	0.57 vs. 5.92 Poor risk-adjusted returns
Beta	0.83 vs. 0.74 More sensitive to market's ups & downs
Standard deviation	16.59 vs. 12.63 More volatile performance

Compare Kotak Small Cap Fund in detail with

About this fund

About Kotak Small Cap Fund

Kotak Small Cap Fund is a Small Cap mutual fund scheme from Kotak Mahindra Mutual Fund. This fund has been in existence for 20 yrs 9 m, having been launched on 30/12/2004. Kotak Small Cap Fund has ₹17,480 Crores worth of assets under management (AUM) as on 30/09/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Kotak Small Cap Fund as of 20/10/2025 is ₹259.35. The fund has an expense ratio of 1.64%, which is higher than what most other Small Cap funds charge.

Kotak Small Cap Fund returns of last 1-year are -9.02%. Since launch, it has delivered 17.06% average annual returns. The fund has doubled the money invested in it every 5 yrs.
Kotak Small Cap Fund 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 below average.
The fund has the majority of its money invested in Healthcare, Services, Capital Goods, Consumer Discretionary, Financial sectors. It has taken less exposure in Healthcare, Services sectors compared to other funds in the category.
The fund's top 5 holdings are in Aster DM Healthcare Ltd., Krishna Institute of Medical Sciences Ltd, Vijaya Diagnostic Centre Ltd., Century Plyboards (India) Ltd., Techno Electric & Engineering Company Ltd..

...

Fund AUM	17,480 Cr as on Sep 30, 2025
Scheme document	View Scheme Document

Fund managers

Harish Bihani

Mr. Bihani has done MBA in Finance Prior to joining Kotak Mutual Fund, he has worked with ICICI Prudential Mutual Fund, SBI Mutual Fund, Kotak Instituitional Equities, CIMB Securities, RBS Equities India Pvt. Ltd., Indiabulls Securities Ltd. and Reliance Equities International Pvt. Ltd.

Investment objective

The scheme seeks to generate capital appreciation from a diversified portfolio of equity and equity related securities by investing predominantly in small cap companies.

Kotak Mahindra Mutual Fund details

No. of schemes	83 view all schemes
Total AUM	5,66,982 Cr as on Sep 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 Infrastructure and Economic Reform Fund	N.A.	2,341 Cr	0.88%	30.85%
Kotak Midcap Fund	N.A.	58,300 Cr	7.05%	27.34%
Kotak Contra Fund	N.A.	4,716 Cr	5.83%	23.56%
Kotak Pioneer Fund	N.A.	3,148 Cr	10.06%	23.28%
Kotak Large & Midcap Fund	N.A.	28,381 Cr	6.11%	22.34%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of Kotak Small Cap Fund?

The current Net Asset Value (NAV) of the Kotak Small Cap Fund plan is approximately ₹259.352 as of Oct 20, 2025.

What are the returns of this mutual fund scheme?

The Kotak Small Cap Fund is a 20 yrs 9 m old fund and has delivered average annual returns of 16.98% since inception.

Kotak Small Cap Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
-3.38%	16.5%	26.32%	17.23%	16.98%

How much does this mutual fund charge as expense ratio?

The Kotak Small Cap Fund has an expense ratio of 1.64%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

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

The Kotak Small Cap Fund currently has assets under management (AUM) or fund size valued at approximately 17,480 Cr as on Sep 30, 2025.

What are the top stock holdings of Kotak Small Cap Fund?

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

Company	Percentage of Portfolio
Aster DM Healthcare Ltd.	4.22%
Krishna Institute of Medical Sciences Ltd	3.39%
Vijaya Diagnostic Centre Ltd.	3.1%
Century Plyboards (India) Ltd.	3.08%
Techno Electric & Engineering Company Ltd.	2.78%
Kalpataru Projects International Ltd.	2.49%
Vishal Mega Mart Ltd.	2.2%
Cyient Ltd.	2.17%
Brigade Enterprises Ltd.	2.11%
Sansera Engineering Ltd.	2.05%

What are the top sectors Kotak Small Cap Fund has invested in?

The Kotak Small Cap Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Healthcare	22.21%
Services	13.0%
Capital Goods	12.23%
Consumer Discretionary	8.26%
Financial	7.37%
Materials	5.859999999999999%
Automobile	5.5%
Construction	4.89%
Metals & Mining	4.47%
Chemicals	3.87%

What is risk level of Kotak Small Cap Fund?

This is a Small 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 can I redeem my investments in Kotak Small Cap Fund?

Redeeming your investments in the Kotak Small Cap Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

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

ET Money rank

App exclusive

in Small Cap

#NA

Return Outperformance: This fund has generated highest return amongst Small Cap funds in the last 10 Years.
Return Consistency: This fund ranks lower in terms of generating consistent return in it's category.
Chance: This fund has generated only 13.67% annual return in 70% of times for investors holding for at least 5 years.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit load for units in excess of 10% of the investment,1% will be charged for redemption within 365 days