Kotak Flexicap Fund Direct Growth
Equity
Direct
Flexi Cap
NAV: ₹ 83.26 as on 16-05-2024
About the Fund
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 ₹47466 Cr worth of assets under management (AUM) as on Apr 2024 and is more than category average.
- The fund has an expense ratio 0.6.
Fund Performance
17492 people have invested ₹ 10.3Cr in Kotak Flexicap Fund Direct Growth in the last three months
Overview
 | 0.64% |
 Benchmark | S&P BSE 500 India TR INR |
 | ₹47466 Cr |
 | 1 January, 2013 |
 | ₹100/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 17.51% |
Kotak Flexicap Fund Direct Growth Distribution as on (30-Apr-24)
Size breakup
Large cap
73.9%
Mid cap
23.2%
Small cap
2.5%
Sector Allocation
Financial Services
23.7%
Industrial
19.3%
Basic Materials
18.6%
Consumer Cyclical
13.1%
Energy
7.2%
Tech
6.1%
Health
3.6%
Consumer Defensive
3.2%
Utilities
2.7%
Communication
2.4%
Top Holdings of Kotak Flexicap Fund Direct Growth as on (30-Apr-24)
Equity Holdings56
Debt Holdings1
Gainers & Losers Returns for the month of Apr
Top Growth Drivers | 1M Return |
|---|---|
 State Bank of India | 8% |
 Axis Bank Ltd | 6.1% |
Top Losers | 1M Return |
|---|---|
 Larsen & Toubro Ltd | -6.2% |
 Infosys Ltd | -3% |
 Zydus Lifesciences Ltd | 5.2% |
Monthly Changes Updates
All changes are between Feb'24 and Apr'24
Fund Performance
- This fund’s returns stands at 4.52% whereas the fund’s underlying benchmark Nifty 500 returns stands at 2.46% as on Apr'24
- This fund outperformed Nifty 500 by 2.06% in Apr'24
AUM Change
- AUM of the fund stands at 47.5K Cr as of Apr'24
- AUM increased by 1.6K Cr between Apr'24 and Mar'24
Fund Portfolio Changes
Mutual Fund Insights
Over the last 6 months, this fund has increased expense ratio by 12.3% moving from 0.57 to 0.64.
In the last 1 year, JM Flexicap Fund (Direct) Growth Option has given 64.51% return, outperforming this fund by 31.23%.
In the last 5 years, Quant Flexi Cap Fund Growth Option Direct Plan has given 33.26% return, outperforming this fund by 15.56% per annum.
This fund has one of the lowest expense ratio in the category (flexi cap). Its expense ratio is 0.64% which is lower than the category average expense ratio of 1.16%.
In the last 3 years, JM Flexicap Fund (Direct) Growth Option has given 31.16% return, outperforming this fund by 12.04% per annum.
Over the last 6 months, this fund has experienced a 20.9% growth in AUM moving from 39.26K Cr to 47.46K Cr.
INDmoney Rank
Powered by IND quant engine
11
/18
28% Performance
36% Risk Management
75% Cost
11 out of 18 among flexi cap
Pros
Larger AUM within category
Beats FD returns for both 3Y & 5Y
Cons
No bad points found for this fund.
Peer Analysis
Fund Manager
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
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 17.32% since inception which is less than its category average return of 18%
Fund Allocations
This fund has an allocation of 99.55% in Equity, 0% in Debt and 0.45% in Cash related instruments
AUM size ₹47466 Cr
This fund has AUM of ₹47466 Cr which is more than its category average of ₹ 7427 Cr
Expense Ratio 0.64%
This fund has an expense ratio of 0.64% which is less than its category average expense ratio of 1.33%
Frequently Asked Questions
The current NAV of Kotak Flexicap Fund Direct Growth is ₹83.26 as on 16-May-2024.
Existing (Absolute + CAGR) as on 16-May-2024.
Kotak Flexicap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.71% | 0.71% |
6 Month Returns | 20.55% | 20.55% |
1 Year Returns | 33.28% | 33.28% |
3 Years Returns | 69.04% | 19.12% |
5 Years Returns | 125.89% | 17.7% |
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- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
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0.64% as on April 2024
₹47466 Cr as on April 2024
ICICI Bank Ltd(6.54%), Bharat Electronics Ltd(4.95%), Larsen & Toubro Ltd(4.66%), State Bank of India(4.35%), HDFC Bank Ltd(4.35%) as on April 2024
Financial Services(23.6%), Industrial(19.22%), Basic Materials(18.5%) as on April 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 | 0.81 | 0.3 | -0.16 |
As on April 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 | 0.92 | 0.91 | 0.93 |
As on April 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 | 2.52 | 1.07 | 0.69 |
As on April 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 | 10.19 | 12.52 | 18.03 |
As on April 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 1.93 as on April 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%