Kotak Flexicap Fund Direct Growth
Equity
Direct
Flexi Cap
NAV as on 19-11-2024
₹ 87.21
▲0.1%
1D
Inception Returns
17.1%
/yr
About Kotak Flexicap Fund Direct Growth
Kotak Flexicap Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Arjun Khanna, Harsha Upadhyaya. The fund could potentially beat inflation in the long-run.
Key Parameters
- Kotak Flexicap Fund Direct Growth has ₹50582 Cr worth of assets under management (AUM) as on Oct 2024 and is more than category average.
- The fund has an expense ratio 0.6.
Returns
Kotak Flexicap Fund Direct Growth has given a CAGR return of 17.09% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 26.18%, 14.45% and 17.19% respectively.
Holdings
Kotak Flexicap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Basic Materials, Consumer Cyclical, Tech, Energy, Health, Consumer Defensive, Corporate, Communication, Utilities, Government. Its top holdings are ICICI Bank Ltd, HDFC Bank Ltd, Bharat Electronics Ltd, Larsen & Toubro Ltd, Infosys Ltd
Taxation
As it is a flexi cap mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of Kotak Flexicap Fund Direct Growth
The investment objective of the scheme is to generate long-term capital appreciation from a portfolio of equity and equity related securities, generally focused on a few selected sectors. However, there is no assurance that the objective of the scheme will be realized.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Kotak Flexicap Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
▲
▼
23400 people have invested ₹ 11.7Cr in Kotak Flexicap Fund Direct Growth in the last three months
INDmoney Rank for Kotak Flexicap Fund Direct Growth
Powered by IND quant engine
15
/20
32% Performance
34% Risk Management
81% Cost
15 out of 20 among flexi cap
Larger AUM within category
Beats FD returns for both 3Y & 5Y
No bad points found for this fund.
Kotak Flexicap Fund Direct Growth Overview
| Expense ratio | 0.6% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹50582 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 24.99% |
| STCG | Redeeming before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (19-Nov-24)
Fund Distribution
as on (31-Oct-24)
Large cap
72.7%
Mid cap
19.7%
Small cap
5.9%
Sector Allocation
Financial Services
25.2%
Industrial
18.5%
Basic Materials
17.3%
Consumer Cyclical
11.4%
Tech
8.8%
Energy
6.5%
Health
3.6%
Consumer Defensive
3.3%
Communication
2.8%
Utilities
2.7%
All changes are between Aug'24 and Oct'24
- This fund’s returns stands at -5.80% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
- This fund outperformed Nifty 500 by 0.72% in Oct'24
- AUM of the fund stands at 50.6K Cr as of Oct'24
- AUM decreased by 3.3K Cr between Oct'24 and Sep'24
Top Stocks bought last month
ICICI Bank Ltd's allocation increased from 6.27% to 6.77%
State Bank of India's allocation increased from 3.48% to 3.86%
HDFC Bank Ltd's allocation increased from 5.15% to 5.49%
Top Stocks sold last month
Infosys Ltd's allocation decreased from 4.01 % to 4 %
UltraTech Cement Ltd's allocation decreased from 3.95 % to 3.83 %
Jindal Steel & Power Ltd's allocation decreased from 3.75 % to 3.46 %
Cash allocation has gone down from 1.5% to 1.3%
Top 3 Sectors in October were Financial Services, Industrial & Basic Materials
Oct'24
Financial Services
25%
Industrial
19%
Basic Materials
17%
Sep'24
Financial Services
24%
Industrial
18%
Basic Materials
18%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 6.77% | 0% | |
 HDFC Bank Ltd | 5.49% | 0% | |
 Bharat Electronics Ltd | 5.46% | -1% | |
 Larsen & Toubro Ltd | 4.08% | 0% | |
 Infosys Ltd | 4% | 0% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 BSE Ltd | 8.6% |
 State Bank of India | 0% |
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Arjun Khanna
Fund Manager of Kotak Flexicap Fund Direct Growth, since 1 March 2022
Top funds managed
Harsha Upadhyaya
Fund Manager of Kotak Flexicap Fund Direct Growth, since 4 August 2012
Top funds managed
Fund House
Kotak Mahindra Asset Management Co Ltd
Total Schemes
Total AUM
₹4.8L Cr
as on 31-Oct-2024
Address
Kotak Mahindra Asset management Company Limited,2nd Floor, 12-BKC, Plot No C-12,G Block, BKC, Bandra (East),Mumbai - 400 051
Phone
91-22-40930000
Website
fundaccops@kotakmutual.com
Mutual Fund Insights
In the last 5 years, Quant Flexi Cap Fund Growth Option Direct Plan has given 32.32% return, outperforming this fund by 15.13% per annum.
Over the last 1 year, this fund has increased expense ratio by 5.3% moving from 0.57 to 0.60.
This fund has one of the lowest expense ratio in the category (flexi cap). Its expense ratio is 0.6% which is lower than the category average expense ratio of 1.16%.
Over the last 1 month, this fund has experienced a 6.1% drop in AUM moving from 53.84K Cr to 50.58K Cr.
In the last 3 years, JM Flexicap Fund (Direct) Growth Option has given 25.08% return, outperforming this fund by 10.63% per annum.
In the last 1 year, Motilal Oswal Flexicap Fund Direct Plan Growth has given 46.25% return, outperforming this fund by 20.07%.
Kotak Flexicap Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 17.09% since inception which is less than its category average return of 18.73%
Fund Allocations
This fund has an allocation of 98.66% in Equity, 0% in Debt and 1.34% in Cash related instruments
AUM size ₹50582 Cr
This fund has AUM of ₹50582 Cr which is more than its category average of ₹ 8754 Cr
Expense Ratio 0.6%
This fund has an expense ratio of 0.6% which is less than its category average expense ratio of 1.34%
Frequently Asked Questions for Kotak Flexicap Fund Direct Growth
The current NAV of Kotak Flexicap Fund Direct Growth is ₹87.21 as on 19-Nov-2024.
Existing (Absolute + CAGR) as on 19-Nov-2024.
Kotak Flexicap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -5.33% | -5.33% |
6 Month Returns | 3.67% | 3.67% |
1 Year Returns | 26.18% | 26.18% |
3 Years Returns | 49.93% | 14.45% |
5 Years Returns | 121.05% | 17.19% |
With INDmoney, the process of investing is very simple and involves zero commission.
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- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
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0.6% as on October 2024
₹50582 Cr as on October 2024
ICICI Bank Ltd(6.77%), HDFC Bank Ltd(5.49%), Bharat Electronics Ltd(5.46%), Larsen & Toubro Ltd(4.08%), Infosys Ltd(4%) as on October 2024
Financial Services(24.84%), Industrial(18.3%), Basic Materials(17.03%) as on October 2024
The alpha ratio for the Kotak Flexicap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Kotak Flexicap Fund Direct Growth | 1.17 | 0.34 | -0.69 |
As on October 2024
The alpha for Kotak Flexicap Fund Direct Growth is calculated against S&P BSE 500 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Kotak Flexicap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Kotak Flexicap Fund Direct Growth | 0.9 | 0.93 | 0.93 |
As on October 2024
The Beta for Kotak Flexicap Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Kotak Flexicap Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Kotak Flexicap Fund Direct Growth | 1.87 | 0.71 | 0.73 |
As on October 2024
The sharpe ratio for Kotak Flexicap Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Kotak Flexicap Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Kotak Flexicap Fund Direct Growth | 12.88 | 13.25 | 18.06 |
As on October 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 1.19 as on October 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Arjun Khanna, Harsha Upadhyaya are the fund managers of Kotak Flexicap Fund Direct Growth
The Exit load of Kotak Flexicap Fund Direct Growth is 1%